Strategic Investments and Advisory Relationships | 14min snip from The Tim Ferriss Show

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#712: The Random Show — 2024 New Year’s Resolutions, Tim’s 30-Day No-Caffeine Experiment, Mental Health Breakthroughs, AI Upheaval, Dealmaking and Advising for Startups, The Next-Gen of Note-Taking, Digital Security Tips, and Much More

The Tim Ferriss Show

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CHAPTER

Strategic Investments and Advisory Relationships

This chapter explores the strategies behind recognizing and investing in resonant products while underscoring the value of building genuine relationships with founders. It covers the trade-off of skills for equity in startups, the significance of options pools, and the establishment of advisory roles. Additionally, the chapter touches on personal reflections and resolutions, including wellness commitments and the launch of a unique meditation app.

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Brought to you by Wealthfront high-yield savings account; AG1 all-in-one nutritional supplement; and Shopify global commerce platform, providing tools to start, grow, market, and manage a retail business.

Technologist, serial entrepreneur, world-class investor, self-experimenter, and all-around wild and crazy guy Kevin Rose (@KevinRose) rejoins me for another episode of The Random Show!

Please enjoy!

P.S. Links to everything discussed: https://tim.blog/2023/12/27/the-random-show-2024-new-years-resolutions/

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[00:00] Start

[04:57] Tequila disclosures and investment discourse.

[10:42] Startup advisor considerations.

[18:40] The hit rate of past New Year’s resolutions.

[20:13] Henry Shukman’s new meditation app: The Way.

[22:44] An overlooked advantage for the early investor.

[24:15] Saucelessness and second brains.

[27:41] Protecting your phone’s collage of schwanzes.

[34:20] Privacy and liability concerns in an AI-guided world.

[40:42] Minimalist delegation, foot faults, and surrender.

[46:30] Quick, creative collaborations.

[51:39] My post-holiday physical reboot.