Michael Acton Smith, co-founder of the $2 billion Calm app, shares his entrepreneurial journey that spans multiple successful ventures, including Moshi Monsters. He discusses the importance of resilience, creativity, and storytelling in business, while reflecting on the mental challenges of entrepreneurship. Michael also highlights the transformative power of meditation and the evolving attitudes toward mental wellness. Additionally, he delves into personal challenges faced during the pandemic and the promising role of psychedelics in mental health.
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question_answer ANECDOTE
Firebox's Early Days
Early Firebox used a clunky order process involving printed forms and faxes.
They only had about one order a month, highlighting the early internet's limitations.
question_answer ANECDOTE
Shot Glass Chess
Firebox's turning point was creating their own product: Shot Glass Chess.
This quirky product combined chess with drinking and gained significant press attention.
volunteer_activism ADVICE
Storytelling
Storytelling is crucial for connecting with people.
Focus on the human angle and the struggle, not just business metrics, when communicating your idea.
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Ten Reasons We're Wrong About the World – and Why Things Are Better Than You Think
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Ola Rosling
Anna Rosling Rönnlund
In 'Factfulness,' Hans Rosling, along with his son Ola and daughter-in-law Anna, addresses why people systematically get answers wrong about global trends. They identify ten instincts that distort our perspective, such as dividing the world into 'us' and 'them,' the influence of fear-driven media, and the misconception that most things are getting worse. The book argues that, despite its imperfections, the world is in a better state than many believe and provides a framework to see progress clearly by focusing on facts rather than biases.
The Science of Storytelling
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Lost Connections
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Johann Hari
In 'Lost Connections', Johann Hari explores the increasing rates of depression and anxiety in the Western world. Through a 40,000-mile journey interviewing experts and visiting various communities, Hari identifies nine causes of depression and anxiety, all centered around the theme of disconnection. These causes include disconnection from meaningful work, other people, meaningful values, childhood trauma, status and respect, the natural world, and a hopeful or secure future. The book also delves into the role of genes and brain changes. Hari argues that traditional solutions focusing on chemical imbalances are insufficient and proposes alternative solutions based on reconnection, such as social prescribing, community engagement, and addressing societal issues like inequality and lack of social security.
Why We Sleep
Matthew Walker
This book delves into the purpose and power of sleep, explaining how it affects every aspect of our physical and mental well-being. Walker discusses how sleep enriches our ability to learn, memorize, and make logical decisions, recalibrates our emotions, restocks our immune system, fine-tunes our metabolism, and regulates our appetite. He also explores the consequences of sleep deprivation and provides actionable steps to improve sleep quality, including ways to prevent cancer, Alzheimer’s, and diabetes, slow the effects of aging, and increase longevity.
Michael Acton-Smith is best known as the co-founder of Calm, the $2 billion meditation, sleep and wellness app, but he is so much more than that. Because Calm is just one of four companies Michael has built. Michael has also built Moshi Monsters, the breakout success web-based children’s game, which after rapid growth suffered a loss in users and for a while Michael wasn’t sure whether the business could survive.
Michael has experienced the highs, but also the challenges, of growing big businesses. These are just two of four companies Michael has built. Michael is a natural entrepreneur who’s been founding businesses his entire adult life. To talk to him and share in his wisdom was a privilege I’m immensely grateful for.