The Tim Ferriss Show

#712: The Random Show — 2024 New Year’s Resolutions, Tim’s 30-Day No-Caffeine Experiment, Mental Health Breakthroughs, AI Upheaval, Dealmaking and Advising for Startups, The Next-Gen of Note-Taking, Digital Security Tips, and Much More

1290 snips
Dec 27, 2023
Join a lively conversation exploring fascinating topics! They delve into the world of additive-free tequila and strategic investments, sharing tips on building genuine founder relationships. A unique meditation app is introduced, alongside insights into personal health journeys and the impact of ketamine therapy. The hosts humorously recount their caffeine-free challenges and discuss digital security in the age of AI. Plus, touching stories about tribute tattoos for beloved pets highlight emotional bonds and personal growth.
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ADVICE

Investing in Startups

  • Share what you love, add value first, and be genuinely helpful to get founders' attention.
  • Offer your skills or platform to startups, even if you lack capital, to potentially earn equity.
ADVICE

Alternative Equity Strategies

  • Offer your skills or services in exchange for equity if you can't invest cash.
  • This strategy can be very lucrative if the company succeeds.
ADVICE

Startup Advising

  • Advise startups for equity, typically 0.25% early on, vesting over two years.
  • This allows the company to assess your value and cancel anytime, while you potentially benefit from growth.
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