Financial Strategies for Tech Launches

This chapter explores financial and legal strategies for introducing new technology, including the advantages of insurance partnerships. It also addresses caregiver challenges in chronic medical situations, offering supportive insights and hope through a personal anecdote.

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Brought to you by House of Macadamias delicious and nutritious nuts, Wealthfront high-yield savings account, and Vuori Clothing comfortable and durable performance apparel.

Welcome to another episode of The Tim Ferriss Show, where it is usually my job to sit down with world-class performers of all different types to tease out the habits, routines, favorite books, and so on that you can apply and test in your own life. This time, we have a slightly different format, and I’m the guest.

As some of you know, I tested a “fan-supported model” in 2019, but I ended up returning to ads by request. That’s a long story, and you can read more about it at tim.blog/podcastexperiment. I recently sat down with the original supporter group for a fun and live Q&A on YouTube.

In this episode, I answer questions on marketing and product launches, premium pricing, user feedback, fasting routines, podcast advertising, my recent gardening adventures, tools for releasing tension in the iliacus and psoas muscles, my current coffee and alcohol rules, advice for artisans, animal communication, tools for adverse life moments, and more.

Please enjoy!

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This episode is also brought to you by House of Macadamias delicious and nutritious nuts! I love macadamia nuts and have been enjoying them often since keto expert Dr. Dominic D’Agostino recommended them on the podcast in 2015. They taste great, and with more healthy, monounsaturated fat than both olive oil and avocados, 27% fewer carbs than almonds, and more than 50% fewer carbs than cashews, they’re the perfect low-carb, keto-friendly, nutty snack. In fact, I just ate a handful of lightly white-chocolate-covered macadamias about an hour ago to keep me going through the afternoon until dinner. And I will say this: House of Macadamias produces the best-tasting macadamia nuts I’ve ever eaten... by far.

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[08:27] How I would build clientele/mitigate risk if I were opening a restaurant.

[13:02] Raising awareness for a new productivity tool.

[18:33] Notable contributions during my days as a tech company advisor.

[21:21] Biggest project/challenge at the moment.

[22:02] Biggest takeaway from my own work that often gets overlooked.

[24:47] Thoughts on curated newsletters for information gathering.

[26:47] Recent spiritual shifts?

[30:07] Derek Sivers.

[30:50] New invention: franchise or sell the proprietary system?

[35:41] My experience with Bas Rutten’s O2 breathing device.

[38:19] Encouragement for a caregiver amid a chronic medical situation.

[40:18] Ketamine and bladder damage.