Exploring Five Bullet Friday and E-commerce Growth

Brought to you by Wealthfront automated investing, Ascent Protein premium protein, 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.

In this one we discuss the books that we are currently reading, outdated behaviors, healing with men’s groups, masculinity, Kevin’s new Moonbirds project (a collection of 10,000 utility-enabled PFPs), my first NFT, and much, much more.

Please enjoy!

This episode is brought to you by Wealthfront! Wealthfront pioneered the automated investing movement, sometimes referred to as ‘robo-advising,’ and they currently oversee $27 billion of assets for their clients. It takes about three minutes to sign up, and then Wealthfront will build you a globally diversified portfolio of ETFs based on your risk appetite and manage it for you at an incredibly low cost. 

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This episode is also brought to you by Ascent Protein! Ever since I wrote The 4-Hour Body, starting my day with ~30 grams of protein has been an essential part of my routine. I’ve been using Ascent’s whey protein for the last several years, and I recently tried their new plant-based protein. I’ve experimented with many other plant-based proteins, and most compromise on taste or efficacy, but Ascent Plant Protein is delicious and provides 25 grams of protein with 4 grams of BCAAs to support muscle health.

To ensure their product tastes great, Ascent verified it with third-party consumer research, and it won on taste and texture against the market leader. What’s more, it’s made from organic, real-food sources like organic pea, pumpkin, and sunflower and contains zero artificial ingredients, artificial sweeteners, or added sugars. Visit AscentProtein.com/Tim and use the code 20TFASCENT and you’ll receive 20% off of your entire purchase. This code is valid on their website and on Amazon.com. If you want a quick dose of protein to start your day or end a workout, this is a great option and my default. Enjoy!

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This episode is also brought to you by Shopify! Shopify is one of my favorite platforms and one of my favorite companies. Shopify is a platform designed for anyone to sell anywhere, giving entrepreneurs the resources once reserved for big business. In no time flat, you can have a great looking online store that brings your ideas to life, and you can have the tools to manage your day-to-day and drive sales. No coding or design experience required.

More than a store, Shopify grows with you, and they never stop innovating, providing more and more tools to make your business better and your life easier. Go to Shopify.com/tim for a FREE 14-day trial and get full access to Shopify’s entire suite of features.

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What are Kevin and I stupidly frugal about? [06:15]

Tobacco talk, Zoom group therapy, and books we’ve been reading. [10:20]

Thoughts on men’s groups, healthy venting, the demonization of masculinity, and groupthink. [37:11]

How my first NFT came to be, and the story behind PROOF Collective’s Grails project. [45:45]

What’s a utility NFT, and will my NFT have utility attached to it? While a great idea in theory, what problems might arise over the lifetime of a utility NFT? How is the PROOF Collective trying to alleviate such problems? [52:30]

Can FUD (fear, uncertainty, and doubt) be a good thing in the NFT world? [59:29]

The difficulties presented by trying to serve a massive audience on a reasonable budget, and how PROOF Collective’s new PFP project, Moonbirds, will try to do it right. [1:03:15]

Could an NFT project get me canceled? Perhaps someday we’ll see. [1:06:15]

Is Harlan Estate the Moonbirds of wine, or is Moonbirds the Harlan Estate of NFTs? Kevin explains why he’s particularly excited about the possibilities of Web3 — and why Adam Gazzaley owes him a bottle of Hibiki 30. [1:08:43]

“Apeing” into position while mitigating downside when opportunity seems to be knocking. [1:12:52]

Why Kevin believes now is the time to get a foundational understanding of how blockchains and NFTs work even if you don’t have big money to spend in the game. [1:16:57]

Don’t want to mingle with people at a conference? Tell them this. [1:17:37]

Parting thoughts. [1:20:05]

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For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.

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Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more.

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