The Tim Ferriss Show

#325: Lessons from Richard Branson, Tony Robbins, Ray Dalio, and Other Icons

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Jul 5, 2018
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INSIGHT

Defining Success

  • Define success based on individual aims, not stereotypes.
  • Richard Branson's outward success might not align with his personal goals.
ANECDOTE

Miscommunication Cost

  • Derek Sivers learned about miscommunication at his company, CD Baby.
  • Unclear emails to 250,000 customers resulted in 50,000 confused replies, costing 1,000 man-hours.
ADVICE

Simplify Business

  • Simplify your business by focusing on meeting a proven need profitably.
  • Avoid overcomplicating things, just "get out the door and start running".
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