The Tim Ferriss Show

#514: Chip Wilson — Building Lululemon, The Art of Setting Goals, and The 10 Great Decisions of Your Life

63 snips
May 19, 2021
Chip Wilson, a visionary entrepreneur and founder of Lululemon, shares his journey of building a global athleisure empire. He discusses the significance of goal-setting, reflecting on transformative moments around age 43. Chip elaborates on Lululemon's strategic brand development and its cultural identity. He also critiques modern media's impact on business perceptions and emphasizes the importance of authenticity in leadership. The conversation encourages taking immediate action, embracing creativity, and fostering connections for personal and professional growth.
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ANECDOTE

Background Influence

Chip Wilson had a near-perfect upbringing, shaped by a phys ed teacher father and a sewing mother. His athletic background began early with competitive swimming, instilling a strong work ethic in him.

INSIGHT

Aging Recognition

People often undergo major life reflections at age 43, recognizing mortality and assessing their life choices. This can trigger significant changes, such as relationship evaluations and career shifts.

ADVICE

Set and Post Goals

Encourage setting personal goals and post them publicly to promote accountability. This openness fosters a supportive environment and reduces the fear of failing in front of others.

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