#260: Setting Goals, Making Money, and Overcoming Tough Times -- Phil Hellmuth
The Tim Ferriss Show
Getting Staked - Is That Really the Point?
"I was celebrating the fact that i could hit a million dollars in net worth and get staked. No one in history had done that to that point," he says. "Now to day, i have a system where i only risk ten thousand dollars a day."
Phil Hellmuth (@phil_hellmuth) is an American professional poker player who has won a record fourteen World Series of Poker bracelets. He is the winner of the Main Event of the 1989 World Series of Poker (WSOP) and the Main Event of the 2012 World Series of Poker Europe (WSOPE), and he is a 2007 inductee of the WSOP's Poker Hall of Fame. Hellmuth is also known for his temperamental "poker brat" personality -- reflected in his new book, Poker Brat: Phil Hellmuth's Autobiography. This episode comes from my new television show Fear(less), where I interview world-class performers about how they've overcome doubt, conquered fear, and made their toughest decisions. You can watch the entire first episode with illusionist David Blaine for free at att.net/fearless. (To watch all episodes, please visit DIRECTV NOW). We recorded three hours of material and only one hour was used for the TV show. This podcast episode is almost entirely new content that didn't appear on TV. In this conversation, we examine Phil's morning routine, the importance of goals and blessings, how he became the youngest person to win the World Series of Poker, his prep for high-stakes games, what it takes to compete at the highest level, and much, much more. Enjoy! Show notes and links for this episode can be found at tim.blog/podcast. This podcast is brought to you by MVMT. The founders are two college dropouts who wanted to wear fancy watches, but couldn't afford them -- so they decided to scratch their own itch and build a company around high-quality but affordable watches in 2013. They've gone from start-up to more than one million watches sold across 160 countries in just a few years -- an awesome success story that makes sense when you check out the product. MVMT offers classic designs, quality construction, and many different modern styles, so you can pick one that suits you. Get 15 percent off your entire purchase with free shipping (and free returns if you're dissatisfied for any reason) by visiting MVMTwatches.com/tim! This podcast is also brought to you by Mizzen + Main. These are the only "dress" shirts I now travel with -- fancy enough for important dinners but made from athletic, sweat-wicking material. No more ironing, no more steaming, no more hassle. They are a personal favorite of NFL phenom J.J. Watt, alongside many professional athletes. Click here for the exact shirts I wear most often. Don't forget to use the code "TIMFERRISS" at checkout for $50 off when you purchase three or more shirts.
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