This episode is a two-for-one, and that’s because the podcast recently hit its 10-year anniversary and passed one billion downloads. To celebrate, I’ve curated some of the best of the best—some of my favorites—from more than 700 episodes over the last decade. I could not be more excited. The episode features segments from episode No. 287 "Terry Crews — How to Have, Do, and Be All You Want" and episode No. 466 "Richard Koch on Mastering the 80/20 Principle, Achieving Unreasonable Success, and the Art of Gambling"

Please enjoy!

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Links to everything discussed:
https://tim.blog/2024/07/05/terry-cre...

Timestamps:

[00:00] Start

[05:04] Notes about this supercombo format.

[06:08] Enter Terry Crews.

[06:33] Terry’s art background and growing up in Flint, Michigan.

[15:51] A favorite failure.

[22:56] Two ways of confronting an abusive father.

[30:57] Terry reflects on his favorite Ralph Waldo Emerson quote.

[34:36] How Terry coped with imposter syndrome on his first movie set — with Arnold Schwarzenegger.

[39:33] Enter Richard Koch.

[39:56] Richard’s non-story story about wines, spirits, and chat shows.

[41:32] Exception to my “no book quotes” policy for Richard.

[42:26] Secrets revealed in Oxford’s Bodleian Libraries.

[47:48] Richard’s peculiar talent and its discovery.

[50:33] Richard’s investing success despite weak numeracy: the star principle.

[1:00:04] Richard’s $1.5 million investment decision.

[1:03:57] Business “segmentation” in The Star Principle.

[1:06:56] Principles governing Richard’s portfolio.

[1:09:23] Richard’s firing from BCG and meeting Bill Bain.

[1:19:19] The growth share matrix (Boston box) explained.

[1:23:06] What Bain and Company appreciated about Richard.

[1:36:23] Results of early partner-like behavior at Bain.

[1:40:16] Key takeaways from Perspectives on Strategy and other recommended books.

[1:44:22] Richard’s preference for principles over knowledge and The 80/20 Principle’s origin.

[1:58:14] Richard’s happiness and time/energy allocation.

[2:01:32] Comparing journaling styles.

[2:07:40] Adventurers vs. controllers: who has more fun?

[2:10:52] Inspiration for Unreasonable Success and How to Achieve It.

[2:18:06] Richard’s definition of success and nine landmarks of unreasonably successful people.

[2:21:12] Landmark one: self-belief.

[2:23:56] Landmark two: Olympian expectations.

[2:24:50] Landmark three: transforming experiences.

[2:33:08] Landmark four: one breakthrough achievement.

[2:35:52] Landmark five: make your own trail.

[2:36:06] Landmark six: find and drive your personal vehicle.

[2:45:40] Landmark seven: thrive on setbacks.

[2:48:10] Landmark eight: acquire unique intuition.

[2:48:31] Landmark nine: distort reality.

Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 900 million downloads and been selected for “Best of Apple Podcasts” three years running.

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