🇺🇸 United States Episodes

Tyler Cowen is an economist, writer, and podcaster. Please support this podcast by checking out our sponsors: – Linode: https://linode.com/lex to get $100 free credit – ExpressVPN: https://expressvpn.com/lexpod and use code LexPod to get 3 months free – SimpliSafe: https://simplisafe.com/lex and use code LEX to get a free security camera – Public Goods: https://publicgoods.com/lex and use code LEX to get $15 off EPISODE LINKS: Tyler’s Twitter: https://twitter.com/tylercowen Tyler’s Blog: https://marginalrevolution.com/ Conversations with Tyler (Podcast): https://conversationswithtyler.com/ Big Business (Book): https://amzn.to/2OBPbaK Tyler’s Wiki: https://en.wikipedia.org/wiki/Tyler_Cowen PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (07:24) – Economics (09:16) – Nuclear war (16:03) – The American dream (23:16) – Capitalism: pros and cons (29:50) – Is competition good for the world? (31:53) – Free market (32:57) – Anarchy (35:23) – Ayn Rand (40:04) – The case for big business (44:31) – Clubhouse (49:35) – Loneliness (51:47) – Eric Weinstein and economic growth (56:08) – Communism (58:58) – Putin (1:04:29) – China (1:09:21) – UBI (1:13:17) – Disagreement with Eric Weinstein (1:17:09) – Money, Bitcoin, and Ethereum (1:25:20) – WallStreetBets (1:29:16) – MIT (1:36:44) – UFO sightings (1:44:03) – Contemporary art is misunderstood (1:51:06) – Mexican food is the best in the world (1:55:56) – Jiro Dreams of Sushi (1:59:59) – Book recommendations (2:02:15) – Advice for young people (2:05:53) – Love (2:11:35) – Mortality (2:13:25) – Meaning of life

Tom Segura is a stand-up comedian, and co-host of "Your Mom's House" and "2 Bears, 1 Cave" podcasts. He is also the host of "Tom Segura en Español" a Spanish language podcast. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Thomas Moynihan is a historian and an author. Humans may have only had the ability to destroy ourselves for the last hundred years or so, but thinkers have been hypothesising about the potential end of existence for thousands of years. Today Thomas explains the history of how humanity came to realise its potential for extinction. Sponsors: Get 20% discount on the highest quality CBD Products from Pure Sport at https://puresportcbd.com/modernwisdom (use code: MW20) Get 10% discount on your first month from BetterHelp at https://betterhelp.com/modernwisdom (discount automatically applied) Extra Stuff: Follow Thomas on Twitter - https://twitter.com/nemocentric Buy X-Risk - https://amzn.to/2PzTYKx  Get my free Ultimate Life Hacks List to 10x your daily productivity → https://chriswillx.com/lifehacks/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom - Get in touch. Join the discussion with me and other like minded listeners in the episode comments on the MW YouTube Channel or message me... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/ModernWisdomPodcast Email: https://www.chriswillx.com/contact Learn more about your ad choices. Visit megaphone.fm/adchoices

Today roads, sidewalks, bridges, and skyscrapers are made of a material called concrete. There's three tons of it for every person on Earth. It's also played a surprisingly large role in rising global temperatures over the last century. So, what exactly makes concrete problematic, and what can we do to fix it? Explore how scientists are working to create a cleaner, more sustainable concrete. [Written by Elizabeth Cox and George Zaidan, directed by Lisa LaBracio, narrated by Jack Cutmore-Scott, music by André Aires].Learn more about our flagship conference happening this April at attend.ted.com/podcast Hosted on Acast. See acast.com/privacy for more information.

With each step, you slide 400,000 years back in time. Where are you? Behind a hardware store in New Jersey -- which also happens to be a massive prehistoric graveyard. The only thing that can save it from turning into an apartment complex is geologist Ken Lacovara and a community effort unlike any attempted before. Hear how this town of 15,000 tapped into a 66-million-year-old murder mystery -- and learn why solving it is so important to our own future on earth.Learn more about our flagship conference happening this April at attend.ted.com/podcast Hosted on Acast. See acast.com/privacy for more information.

Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ Support the pod by spreading the word, become a referrer here: refer.fm/million --------- --------- Sam Parr (@TheSamParr) and Andrew Wilkinson (@awilkinson) discuss: * (5:35) Bradley Jacobs: the man who's built 5, billion dollar companies * (28:28) Dan Gilbert: how he started with nothing, built Quicken Loans and eventually, an empire * (41:30) What talking to Warren Buffett is like * (1:00:07) How Andrew lost $10m --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.

Welcome to the first episode of our newest show, Business Breakdowns, featuring deep-dive conversations on individual businesses. In each episode, we will dissect a new company with investors and operators that know it best.    We’ve already released the first three episodes on Shopify, Chipotle, and Alibaba. Subscribe to Business Breakdowns through the podcast player of your choice:  Apple Spotify Google Overcast Amazon   Leave us a 5-star rating on Apple Podcasts if you like the show!   -----   Today we will be diving into Shopify. Shopify was founded in 2004 by Tobi Lütke and Scott Lake around their original problem of why it's so hard to build an online business when they struggled to open an online snowboard equipment store. Today, Shopify's goal is to make commerce better for everyone, and it's used by more than 2 million merchants to run their online businesses. It's essentially an on-ramp for people looking to sell online.    To help us break down Shopify, I'm joined by co-host Zack Fuss and our guest Alex Danco, who works on the Money team at Shopify.   To really understand Shopify, you have to understand its different business units -- Core, Merchant Services, Ecosystem, and the new Shop platform -- and the role they each play in making commerce easier and better for merchants. We begin this breakdown by covering each of those business units and how they compare to Apple's business lines. We then dive deep into how Shopify makes money through the first and second derivative of their merchant success and how Shopify thinks about friction in e-commerce. We close with an incredible analogy of Shopify and StarCraft and the tools that Shopify has built into the still-nascent world of e-commerce.   For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- Business Breakdowns is a property of Colossus, Inc. For more episodes of Business Breakdowns, visit joincolossus.com/episodes.   Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.   Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss   Show Notes [00:04:03] - [First question] - What Shopify is as a product [00:05:58] - Product pillar 1: Core[00:07:58] - Product pillar 2: Merchant services[00:10:02] - Product pillar 3: Ecosystem [00:12:04] - Product pillar 4: Shop [00:14:08] - The evolution of commerce with the rise of the internet [00:21:01] - Differences between high and low trust commerce [00:25:48] - The role of friction and trust in stakeholder variety [00:30:18] - Overview of all four product pillars’ business models [00:33:10] - Shopify App Store [00:34:16] - How Shopify competes and partners with their competitors [00:36:53] - Shop Pay expands to Facebook and Instagram [00:38:49] - Key areas where Shopify will continue to grow across their product pillars [00:42:52] - Affirm, Klarna, Afterpay [00:43:56] - Potential pitfalls of having such a high self-imposed quality bar  [00:45:12] - Conway’s law[00:45:12] - Aggregators versus platforms [00:53:35] - Unique marketing aspects for Shopify’s sales and marketing with their subscription model  [00:56:37] - Shopify: A StarCraft Inspired Business Strategy

with @samyamiam @ljin18 @laurenmurrow It's clear from the growth of Patreon, Substack, TikTok, Clubhouse and many more that the power of the Creator Economy continues to build. In this episode, first published a year ago, Patreon cofounder Sam Yam, Atelier Ventures' Li Jin (formerly a16z), and host Lauren Murrow discuss monetizing community, why creators today are effectively making more money off fewer fans, and what all of this means for the future of work.

Brian Greene is a professor of physics and mathematics at Columbia University, and the author of several books. His latest, "Until the End of Time", is now available in paperback. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Would you pay two percent more for the carbon-neutral version of the products you buy and use every day? In this innovative talk, climate pathfinder Jens Burchardt walks us through the costs and considerations of producing planet-friendly products -- from creation to purchase -- and explains why curbing climate change doesn’t have to break the bank. It’s an inspiring demonstration of how the barriers to a greener world may not be as insurmountable as we think.Learn more about our flagship conference happening this April at attend.ted.com/podcast Hosted on Acast. See acast.com/privacy for more information.

My guest today is Tony Xu, co-founder, and CEO of DoorDash. Tony started DoorDash 7.5 years ago, and today it is one of the largest food delivery and logistics platforms globally, with operations in the US, Canada, Australia. In our conversation, we discuss the initial problem that DoorDash set out to solve, DoorDash’s counterintuitive approach to building their product, and the surprising benefits of capital constraints in DoorDash’s early days. DoorDash’s business model is an equal parts logistics nightmare and a human coordination problem, or as Tony puts it, a human and math problem. After talking to Tony, I feel his personality makes him a great candidate to solve those problems.   For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Vanta. Vanta has built software that makes it easier to get and maintain your SOC 2 report at a fraction of the typical cost. Founder’s Field Guide listeners can redeem a $1k off coupon at vanta.com/patrick. ----- This episode is brought to you by LinkedIn Jobs. With LinkedIn, you get access to an active community of professionals with more than 722 million members worldwide. LinkedIn is the easiest place in the world to post a job and message qualified candidates. Getting started is easier than ever, and now you can do this all from your mobile device.   When your business is ready to make that next hire, find the right person with LinkedIn Jobs. And now, you can post a job for free. Just visit linkedin.com/fieldguide to post a job for free. Terms and conditions apply. ----- Founder's Field Guide is a property of Colossus, Inc. For more episodes of Founder's Field Guide, visit joincolossus.com/episodes.   Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.   Follow us on Twitter: @patrick_oshag | @JoinColossus   Show Notes [00:03:07] - [First question] - The catalytic moment that inspired Tony to build DoorDash [00:06:33] - Network density and its role in scalability [00:09:15] - Solving a math and sales problem simultaneously [00:11:33] - Becoming aware of multiple problem sets for restaurant owners [00:14:34] - Designing a team to quantify friction and turn it into useable data [00:16:49] - How to approach difficult problems and compartmentalize them in a practical way [00:18:38] - Accounting for high-level variance in long-term goals [00:21:54] - Factoring in time horizons for variance and planning for the future [00:23:08] - Slowing down an action process to minimize a high-consequence decision [00:26:48] - Generating demand after completing their software infrastructure [00:28:15] - Strategic choices between network health and unit economics [00:30:32] - Why DoorDash struggled to raise financing in their seed-stage [00:32:23] - Solving a small fraction of a larger logistics problem [00:35:00] - Differences between local commerce and distribution centers  [00:36:44] - Creating the DashPass subscription service and how premium experiences influence user behavior [00:38:34] - Advantages and potential diminishing returns in servant leadership [00:40:41] - His broader philosophy on leadership and how it’s changed over the years [00:44:55] - Creating an incentive-aligned culture of ownership at scale [00:47:02] - The most surprising lessons learned about company building [00:50:38] - Unexpected positive outcomes that may emerge in other areas due to DoorDash’s growth in the coming years  [00:53:44] - Will DoorDash’s presence change behavioral patterns in where people choose to live or start their business? [00:55:36] - What has him most excited for the future [00:56:55] - Kindest thing anyone has ever done for him

With 75% of U.S. customers saying they'll soon be vaccinated, Delta is embracing a new phase, opening up middle seats as of May 1. CEO Ed Bastian bet at the start of the pandemic that focusing on consumer confidence and reinforcing Delta’s brand would ultimately pay big rewards. Now that strategy will be put to the test -- even as Bastian clashes with Georgia officials over the state's new voting law. How quickly will domestic demand rebound? When will business and international travel return? And what blowback may Delta face for its political stance? For Bastian, being on the hot seat is just another day on the job.Read a transcript of this episode at https://mastersofscale.comSubscribe to the Masters of Scale weekly newsletter at https://mastersofscale.com/subscribeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steven Kotler is a peak performance expert, entrepreneur and an author. The mystery of achieving peak performance is what many people are striving toward in life. Steven is a world expert in Flow and through years of cutting edge research, has finally created the recipe. Expect to learn how to break & build your motivation, the best way to hack your creativity, why Salvador Dali literally WAS drugs, the universal triggers you can use to drop yourself into flow, how to integrate peak performance protocols into your routine and much more...  Sponsors: Book a Free Consultation Call with ActiveLifeRX at https://www.activelifeprofessional.com/modernwisdom  Get 20% discount & free shipping on your Lawnmower 3.0 at https://www.manscaped.com/ (use code MODERNWISDOM) Extra Stuff: Check out the Flow Research Collective - https://www.flowresearchcollective.com/ Check out Steven's website - https://www.stevenkotler.com/  Get my free Ultimate Life Hacks List to 10x your daily productivity → https://chriswillx.com/lifehacks/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom - Get in touch. Join the discussion with me and other like minded listeners in the episode comments on the MW YouTube Channel or message me... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/ModernWisdomPodcast Email: https://www.chriswillx.com/contact Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you effectively regulate stress? Therapist Esther Perel discusses the importance of creating routines, rituals and boundaries to deal with pandemic-related loss and uncertainty -- both at home and at work -- and offers some practical tools and techniques to help you regain your sense of self. (This conversation, hosted by TED’s Helen Walters, was recorded February 2021.)Learn more about our flagship conference happening this April at attend.ted.com/podcast Hosted on Acast. See acast.com/privacy for more information.

Joe is joined by UFC Hall of Famer and actor Georges St-Pierre. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ Support the pod by spreading the word, become a referrer here: refer.fm/million --------- --------- Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss: * (2:07) Jake Paul, Bill Clinton, the Pope and a Prince * (13:30) TurnedYellow and the IP licensing business * (22:42) Cronyism and the Indonesian King of Coal * (33:48) "Business is the Art of Copying" * (47:53) Are robo-pets the future? * (53:33) The amazing story of the founding of Adidas --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.

Your life is always speaking to you in whispers, guiding you to your next right step. And in many situations, the whisper is also the first warning. It’s a quiet nudge from deep within saying, Hmmm, something feels off. A small voice that tells you, This is no longer your place of belonging. It’s the pit in your stomach, or the pause before you speak. It’s the shiver, the goosebumps that raise the hairs on the back of your neck. Whatever form the whisper takes, it’s not a coincidence. Your life is trying to tell you something. Heeding these signs can open the doors to your personal evolution, pushing you toward your life’s purpose. Ignoring them or sleepwalking through your life, is an invitation to chaos. In this Super Soul podcast, Oprah sits down with such gifted writers and thought leaders as Shauna Niequist, Dani Shapiro, Caroline Myss, Adyashanti, Jon Kabat Zinn, Cheryl Strayed, Pema Chödrön, Amy Purdy, John Lewis, Wes Moore, Kerry Washington and Thomas Moore. Interviews with these talented writers, speakers and thought leaders are excerpted from Oprah’s Emmy Award-winning show Super Soul Sunday. You can also find this compilation and other insightful conversations, in Oprah’s best-selling book, The Path Made Clear.

The "broken" US political system is actually working exactly as designed, says business leader and activist Katherine Gehl. Examining the system through a nonpartisan lens, she makes the case for voting innovations, already implemented in parts of the country, that give citizens more choice and incentivize politicians to work towards progress and solutions instead of just reelection.Learn more about our flagship conference happening this April at attend.ted.com/podcast Hosted on Acast. See acast.com/privacy for more information.

Dan Crenshaw is a former United States Navy SEAL, current US Representative for Texas's 2nd Congressional District, and host of the "Hold These Truths with Dan Crenshaw" podcast. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Scott Belsky, chief product officer at Adobe, says that creative workers are a bigger part of the economy than ever, thanks to new technologies, more gig work, and shifting norms following the pandemic. He recommends that leaders at all companies — not just those in traditionally creative fields — understand this key component of value creation today. He explains how companies can make themselves more competitive by making themselves more attractive to the likes of designers, writers, and artists.