There is a big correlation between money and happiness once you get to a certain point. The harvard grand study that tracked 400 men from the age of 18 until they passed away, had to swap out lead researchers cause they died over 70 years. Andi cant bing a divorce, though i i re did it. I've a lot of balance now in my life because i had very little when i was young. So i'm not arguing, i' not debating. It's ta trade off, but you need to be mindful of the trade off"
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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