From the age of 25, when i entered business school, ike, i got my act together. Until about the age of forty, i had little else in my life than work. Some people would rather e kind of work to live, as upposed to live to workand this sounds crass to say. But if you expect to be in the top en % economically, there is a real sacrifice. And it's not inspiring. It doesn't make for a good graduation speech.
The Learning Leader Show With Ryan Hawk
Episode #272: Scott Galloway - The Algebra of Happiness
The Learning Leader Show
"Steve Jobs is the most famous deadbeat dad. We should worship character and kindness." -- Scott Galloway
Show Notes:
- Commonalities of sustaining excellence:
- They are demonstrably great at multiple specialty areas
- They have grit -- a willingness to roll up their sleeves. And work a lot.
- They hold people accountable -- "If they don't perform, show them the door. Strategic firing."
- They have empathy - They understand other people and what they want to achieve
- Scott explains why he's a builder and a teacher
- He's an NYU professor. He also has started and ran three successful businesses at the same time. This allows him to give practical, real life, advice to his students
- The best method for learning is teaching -- "It forces you to really know what you believe."
- "You have to prepare, have themes, support them with research. You have to bring it."
- His viral videos -- "I try to behave as if nobody is watching... I need to be real and myself."
- Why he said, "Mark Zuckerberg is Putin's bitch."
- "Steve Jobs is the most famous deadbeat Dad. We should worship character and kindness."
- The power of saying "exactly what you think."
- "You're smart to be afraid when you're younger."
- Scott Galloway's Career Advice:
- 1) Get certified. Get your degree. College grades make 2X that of those who don’t graduate.
- 2) Be remarkable (“So good they can’t ignore you”). What two attributes can you bring together that make you unique (the artist who knows how to use excel).
- 3) Invest in variance - find the 6-8 things that are most important to your firm. Become in expert in a couple of them (Be a great public speaker, great writer)
- 4) Get to a city (Allen Gannett agrees)
- 5) Boring is sexy
- 6) Delay gratification - Power of compound interest. Invest in something that will pay off
- 7) Demonstrate strength and grit. Exercise everyday. Be stronger
- 8) Don’t follow your passion - be passionate about being great at something.
- 9) Ignore the myth of balance. He has balance now because he worked like crazy for 20 years.
- 10) Build credibility.
- Advice I received from my Dad when I first became a manager -- "You can't just be an inspiration guy. You need to understand the numbers, the business side, too."
- The best managers "move their chair next to the person their leading and have a real conversation with them."
- The myth of balance: "If you want to be a top 1% earner, then you won't have balance. I don't know anyone who's able to do that who doesn't work their ass off."
- Did the money bring happiness? "Yes, but also a divorce. Money is a means to an end."
- The Harvard happiness study:
- "Happiness is love full stop." -- "Love who you are, who you're with... Love WHAT you do and who you do it with."
- Sweating vs watching: "You should spend more time sweating than watching other people sweat. High performers are physically fit. Work out."
- "The only youth serum is exercise."
- "When it gets real, I want to be able to run fast or kill them all. Working out gives me the confidence to do that."
- Things vs Experiences:
- "We overestimate the happiness things will bring us. We underestimate the happiness experiences bring us."
- The Four:
- The hidden DNA of Amazon, Apple, Facebook, and Google.
- Google = God. Knows more about you than anything else
- Facebook = Love
- Amazon = Consumption
- Apple = Signals your worth. Sex.
- Why joining The Learning Leader Circle is a good idea
- Use the "Get To Know You Document"
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