Peter Diamandis’s 9 Rules For Building A Successful Business

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peter diamandis

Dr. Peter Diamandis (@PeterDiamandis) has been named one of “The World’s 50 Greatest Leaders” by Fortune magazine. In the field of innovation, Diamandis is Chairman and CEO of the XPRIZE Foundation, best known for its $10 million Ansari XPRIZE for private spaceflight. Today the XPRIZE leads the world in designing and operating large-scale global competitions to solve market failures.

Peter has been a guest on the podcast twice (once with Tony Robbins, and again solo), and in this guest post, he shares information he’s never discussed before. Specifically, Diamandis looks back at his XPRIZE experience and the strategic decisions that allowed the foundation to become a success.

Peter knows how to think and play big, and he can show you how to do the same. Enjoy!

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Jocko Willink on Discipline, Leadership, and Overcoming Doubt

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“Don’t count on motivation; count on discipline.” – Jocko Willink

Jocko Willink (@jockowillink) is one of the scariest human beings imaginable. Jocko did his first interview with me (find it here), and it took the Internet by storm. Now he joins us for round two to answer the questions you’ve been asking.

Jocko is a lean 230 pounds. He is a Brazilian jiu-jitsu expert who used to tap out 20 Navy SEALs per workout. He is a legend in the Special Operations world. His eyes look through you more than at you.

Jocko spent 20 years in the US Navy and commanded SEAL Team 3’s task unit Bruiser, the most highly decorated special operations unit in the Iraq War. Upon returning to the US, Jocko served as the officer in charge of training for all West Coast SEAL teams, designing and implementing some of the most challenging and realistic — and perhaps psychotic — combat training in the world (his words, not mine).

After retiring from the Navy, he co-founded Echelon Front, a leadership and management consulting company and authored the number one New York Times bestseller Extreme Ownership: How US Navy SEALs Lead and Win.

I hope you enjoy this episode as much as I did!

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Want to hear another podcast episode with Jocko? — Listen to our first interview together. Jocko might be the scariest Navy SEAL alive, and this episode shares how he earned that reputation. Learn what he taught me (stream below or right-click here to download):



This podcast is brought to you by Headspace, the world’s most popular meditation app (with more than 4,000,000 users). It’s used in more than 150 countries, and many of my closest friends swear by it. Try Headspace’s free Take10 program — 10 minutes of guided meditation a day for 10 days. It’s like a warm bath for your mind. Meditation doesn’t need to be complicated or expensive, and it’s had a huge impact on my life. Try Headspace for free for a few days and see what I mean.

This podcast is also brought to you by Wealthfront. Wealthfront is a massively disruptive (in a good way) set-it-and-forget-it investing service led by technologists from places like Apple. It has exploded in popularity in the last two years and now has more than $2.5B under management. Why? Because you can get services previously limited to the ultra-wealthy and only pay pennies on the dollar for them, and it’s all through smarter software instead of retail locations and bloated sales teams.

Check out wealthfront.com/tim, take their risk assessment quiz, which only takes 2-5 minutes, and they’ll show you — for free — exactly the portfolio they’d put you in. If you want to just take their advice and do it yourself, you can. Well worth a few minutes to explore: wealthfront.com/tim.

QUESTION(S) OF THE DAY: What was your favorite quote or lesson from this episode? Please let me know in the comments.

Scroll below for links and show notes…

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Tony Robbins on How to Resolve Internal Conflict

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Tony Robbins

“You can’t be grateful and angry simultaneously.” – Tony Robbins

The last time Tony Robbins (@tonyrobbins) was on the show, so many listeners found one of his exercises so helpful that they suggested I feature it on its own.

This guided meditation from Tony is designed to help you overcome stress in a way that’s backed with quantifiable neuroscience. If you’ve been worrying about unfinished business without resolution, this is a powerful tool to help you resolve the situation.

This is very short and very powerful. Enjoy!

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Want to hear my most recent podcast with Tony Robbins? — Listen to this episode. In this podcast, you’ll learn about success, fulfillment, and some of the worst advice Tony has ever heard (stream below or right-click here to download):


This episode is brought to you by Exo Protein. These guys are making protein bars using cricket protein powder. Before you look disgusted, I bet they taste better than any protein bar you’ve ever had before! With recipes that were developed by a three-Michelin-star chef, the bars are paleo-friendly, with no gluten, no grains, no soy, no dairy, and they won’t spike your glycemic response. In fact, they’re less processed than any other protein bars you’ll be able to find.

Exo Protein is offering a deep discount to Tim Ferriss Show listeners — if you go to ExoProtein.com/Tim, you can try a sampler pack with all of the most popular flavors for less than $10. This is a startup with limited inventory that sells out all the time, so act fast!

QUESTION(S) OF THE DAY: What was your favorite quote or lesson from this episode? Please let me know in the comments.

Scroll below for links and show notes…

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Practicing What You Preach

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practice what you preach

“Prove your words by your deeds.” – Seneca the Younger

My job is usually to deconstruct world-class performers and tease out their routines and habits you can use.

But in this in-betweenisode, I present some short nuggets of practical, tactical philosophy about practicing what you preach.

This is a letter from Stoic heavyweight Seneca the Younger — who lived a mere 2,000 years or so ago — to his friend Lucilius. It’s from a collection of letters that comprise, effectively, my favorite book of all time. I’ve read it dozens of times, and I loved it so much that I turned it into The Tao of Seneca, a three-volume set of audiobooks.

This is a letter you’ve not heard on the podcast before; it’s worth the listen just for the definition of wisdom alone. Then you have some incredible quotes from Epicurus, and it also discusses how you can have riches without riches having you.

Enjoy!

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Want to hear another segment from The Tao of Seneca? — Listen to How to Avoid the Busy Trap. In this episode, I dig deeper into useful philosophy and how we think of riches (stream below or right-click here to download):



This episode is brought to you by Headspace, the world’s most popular meditation app (with more than 4,000,000 users). It’s used in more than 150 countries, and many of my closest friends swear by it. Try Headspace’s free Take10 program, 10 minutes of guided meditation a day for 10 days. It’s like a warm bath for your mind. Meditation doesn’t need to be complicated or expensive, and it’s had a huge impact on my life. Try Headspace for free for a few days and see what I mean.

This podcast is also brought to you by 99Designs, the world’s largest marketplace of graphic designers. I have used them for years to create some amazing designs. When your business needs a logo, website design, business card, or anything you can imagine, check out 99Designs.

I used them to rapid prototype the cover for The 4-Hour Body, and I’ve also had them help with display advertising and illustrations. If you want a more personalized approach, I recommend their 1-on-1 service. You get original designs from designers around the world. The best part? You provide your feedback, and then you end up with a product that you’re happy with or your money back. Click this link and get a free $99 upgrade. Give it a test run.

QUESTION(S) OF THE DAY: What was your favorite quote or lesson from this episode? Please let me know in the comments.

Scroll below for links and show notes…

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Shep Gordon – The King Maker on His Best PR Stunts, Hugest Failures, and Practical Philosophies

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Shep Gordon

“My philosophy was that you didn’t have to wait for history; you could create history.” – Shep Gordon

Shep Gordon (@SupermenschShep) has been named one of the “100 most influential people” by Rolling Stone magazine. He is the man behind some of the biggest names you’ve ever heard.

If you like the storytelling and lessons of Cal Fussman, you’re going to love this one.

Shep has worked with, and befriended, some of the biggest names in the entertainment industry, from Alice Cooper to Bette Davis, Raquel Welch to Groucho Marx, Blondie to Jimi Hendrix, Sylvester Stallone to Salvador Dali, Luther Vandross to Teddy Pendergrass. He is also credited with inventing the “celebrity chef” phenomenon, which revolutionized the food industry and turned the culinary arts into the multi-billion dollar industry it is today. He has worked with Nobu Matsuhisa, Emeril Lagasse, Wolfgang Puck, Roger Vergé (and many others, including his holiness, the Dalai Lama.)

In this episode, we discuss how he made clients famous, and some of his biggest PR stunts (and flops).

Anthony Bourdain, who is a huge fan of Shep’s, released a memoir detailing Shep’s life and adventures, titled They Call Me Supermensch: A Backstage Pass to The Amazing Worlds Of Film, Food, and Rock ‘N’ Roll.

I’ve been reading it, and it’s fantastic. Imagine it like Animal House meets Harvard MBA.

If you only have 5 minutes, listen to Shep’s thoughts on the dangers of fame, and who is most vulnerable.

Enjoy!

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Want to hear another episode with a brilliant storyteller? — Listen to this episode with Cal Fussman. In it, we discuss Cal’s interviews with the most influential people in history, how he made himself a guinea pig (Cal boxed against world champion Julio Cesar Chavez), and his best life lessons (stream below or right-click here to download):



This podcast is brought to you by MeUndiesHave you ever wanted to be as powerful as a mullet-wearing ninja from the ’80s, or as sleek as a black panther in the Amazon? Of course you have, and that is where MeUndies comes in. I’ve spent the last six months wearing underwear from these guys 24/7, and they are the most comfortable and colorful underwear I’ve ever owned. Their materials are 2x softer than cotton, as evaluated using the Kawabata method. Check out MeUndies.com/Tim to see my current faves (some are awesomely ridiculous, like the camo).

This podcast is also brought to you by Audible. I have used Audible for years, and I love audiobooks. I have two to recommend:

  1. The Graveyard Book by Neil Gaiman
  2. Vagabonding by Rolf Potts

All you need to do to get your free 30-day Audible trial is go to Audible.com/Tim. Choose one of the above books, or choose any of the endless options they offer. That could be a book, a newspaper, a magazine, or even a class. It’s that easy. Go to Audible.com/Tim and get started today. Enjoy.

QUESTION(S) OF THE DAY: What was your favorite quote or lesson from this episode? Please let me know in the comments.

Scroll below for links and show notes…

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My Favorite “Smart Drugs”

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I’m often asked which “smart drugs” I use to improve mental performance and productivity.

I’ve tried everything imaginable, whether over-the-counter, prescription, or otherwise. For 90% of the options, the short-term benefits are not worth the long-term side-effects.

This video describes a few options that I’ve found to be sustainable and reliably effective.  Note that I will still “cycle” off of these at least one week out of every eight weeks.

Enjoy!

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Cal Fussman – The Master Storyteller Returns

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cal fussman

Cal (@calfussman) is a New York Times bestselling author and a writer-at-large for Esquire magazine, where he is best known for being a primary writer of the “What I Learned” feature.

The Austin Chronicle has described Cal’s interviewing skills as “peerless.”

He has transformed oral history into an art form, conducting probing interviews with the icons who’ve shaped the last 50 years of world history: Mikhail Gorbachev, Jimmy Carter, Ted Kennedy, Jeff Bezos, Richard Branson, Jack Welch, Robert DeNiro, Clint Eastwood, Al Pacino, George Clooney, Leonardo DiCaprio, Tom Hanks, Bruce Springsteen, Dr. Dre, Quincy Jones, Woody Allen, Barbara Walters, Pelé, Yao Ming, Serena Williams, John Wooden, Muhammad Ali, and countless others.

When I asked listeners for questions to present to Cal during this return appearance, about 70 percent of you replied with some version of: “He is my favorite storyteller of all time. Please just let him talk for another four hours!”

I hope you enjoy this as much as I did. I never get tired of talking to Cal. He’s such an incredible storyteller.

If you only have 5 minutes, you’ll want to hear Cal’s favorite interview questions that usually get a great response. 

Enjoy!

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Want to hear my first episode with Cal Fussman? — In this episode, we discuss Cal’s interviews with the most influential people in history, how he made himself a guinea pig (Cal boxed against world champion Julio Cesar Chavez), and his best life lessons (stream below or right-click here to download):



This podcast is brought to you by Four Sigmatic. I reached out to these Finnish entrepreneurs after a very talented acrobat introduced me to one of their products, which blew my mind (in the best way possible). It is mushroom coffee featuring chaga. It tastes like coffee, but there are only 40 milligrams of caffeine, so it has less than half of what you would find in a regular cup of coffee. I do not get any jitters, acid reflux, or any type of stomach burn. It put me on fire for an entire day, and I only had half of the packet.

People are always asking me what I use for cognitive enhancement — right now, this is the answer. You can try it right now by going to foursigmatic.com/tim and using the code “Tim” to get 20 percent off your first order. If you are in the experimental mindset, I do not think you’ll be disappointed.

This podcast is also brought to you by Wealthfront. Wealthfront is a massively disruptive (in a good way) set-it-and-forget-it investing service led by technologists from places like Apple. It has exploded in popularity in the last two years and now has more than $2.5B under management. Why? Because you can get services previously limited to the ultra-wealthy and only pay pennies on the dollar for them, and it’s all through smarter software instead of retail locations and bloated sales teams.

Check out wealthfront.com/tim, take their risk assessment quiz, which only takes 2-5 minutes, and they’ll show you — for free — exactly the portfolio they’d put you in. If you want to just take their advice and do it yourself, you can. Well worth a few minutes to explore: wealthfront.com/tim.

QUESTION(S) OF THE DAY: What was your favorite quote or lesson from this episode? Please let me know in the comments.

Scroll below for links and show notes…

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37 Comments / Leave a comment or question