Navigating Transparency and Partnerships in Innovation

Links:

Garrett Scott on X

Pipedream Labs

Topics:

(00:00:00) - Intro

(00:03:00) - Pipedream

(00:08:33) - What’s the existing infrastructure for this product?

(00:12:55) - Finding geographical partners

(00:14:52) - Hyperlogistics, regulations, and long-tail e-commerce

(00:30:35) - What are the toughest technical problems?

(00:34:32) - The ability to master multiple disciplines

(00:37:18) - The challenge of implementation

(00:42:20) - Finding partnerships and building trust

(00:47:46) - How did you become the person who’s pursuing this?

(00:52:30) - The first 18 months of ideating Pipedream

(00:56:47) - What’s the 50-year projection for hyperlogistics?

(01:01:31) - How can people be helpful to the mission

To support the costs of producing this podcast: 

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Important quotes from Naval on building wealth and the difference between wealth and money:

How to get rich without getting lucky. - Naval Ravikant

Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant

Seek wealth, not money or status. - Naval Ravikant

Wealth is having assets that earn while you sleep. - Naval Ravikant

Money is how we transfer time and wealth. - Naval Ravikant

Ignore people playing status games. They gain status by attacking people playing wealth creation games. 

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant

Important quotes from the podcast by Naval on Leverage:

“Give me a lever long enough and a place to stand, and I will move the earth.” 

—Archimedes 

To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant

Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant

Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant

If you can’t code, write books and blogs, record videos and podcasts. - Naval Ravikant

Leverage is a force multiplier for your judgment. - Naval Ravikant

Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant

Important Quotes from the podcast on Business and Entrepreneurship

There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant

You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.  

Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start.