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Feb 8, 2021 • 1h 13min

#166 Robert Noyce (Intel)

What I learned from reading The Man Behind the Microchip: Robert Noyce and the Invention of Silicon Valley by Leslie Berlin.----Get access to the World’s Most Valuable Notebook for Founders by investing in a subscription to Founders Notes----[0:01] Bob Noyce took me under his wing,” Steve Jobs explains. “I was young, in my twenties. He was in his early fifties. He tried to give me the lay of the land, give me a perspective that I could only partially understand.” Jobs continues, “You can’t really understand what is going on now unless you understand what came before.” [2:00] He inspired in nearly everyone whom he encountered a sense that the future had no limits , and that together they could , as he liked to say, “Go off and do something wonderful.” [3:15] Warren Buffett , who served on a college board with Noyce for several years said: “Everybody liked Bob. He was an extraordinarily smart guy who didn’t need to let you know he was that smart. He could be your neighbor, but with lots of machinery in his head.” [12:01] Noyce was slowly gathering experiences that would anchor his adult approach to life, which was not so much an approach as a headlong rush into any challenge with the unshakable assumption that he would emerge not only successful, but triumphant. [14:18] Every night before he fell asleep, Noyce would mentally rehearse each of his dives in slow motion until he could see himself executing them perfectly. He called this habit “envisioning myself at the next level,” and he carried it with him throughout his life. In his mind’s eye, he could always see himself achieving something more. [21:16] Bob was not the type to slow down for much of anything. [33:02] His approach was to know the science cold and then “forget about it.” He did not slog or grind his way to ideas; he felt they just came to him. When he heard Picasso’s famous line about artistic creativity — “I do not seek; I find” — Noyce said that he invented in the same way. [35:31] “I don’t have any recollection of a ‘ Boom! There it is!’ light bulb going off, ”Noyce later said of his ideas. Instead, he conceived of the integrated circuit in an iterative method he described thus: “[ I thought,] let’s see, if we could do this, we can do that. If we can do that, then we can do this. [It was] a logical sequence. If I hit a wall, I’d back up and then find a path, conceptually, all the way through to the end. [Once you have that path], you can come back and start refining, thinking in little steps that will take you there. Once you get to the point that you can see the top of the mountain, then you know you can get there.” [45:48] We were a hard, young, hungry group. Our attitude was ‘We don’t give a damn what money you have to offer, buddy. We’re going to do this ourselves.’[1:08:55] Noyce was invited to dinner at the home of an entrepreneur whose company the his fund had supported. After the dishes had been cleared and the children sent to bed, Noyce listened as the company founder explained that some day, if the business did well, he would like to move his family into a bigger, nicer house. Noyce looked up at him and said very quietly, “You’ve got a nice family. I screwed up mine. Just stay where you are.” Twenty - five years and a successful company later, the entrepreneur has not moved. [1:09:45] His financial success directly benefited the entrepreneurs whose companies he funded, but the stories about Noyce’s success indirectly inspired many more. One entrepreneur put it this way: “Why do we love this dynamic environment? I’ll tell you why. Because we have seen what Steve Jobs, Bob Noyce, Nolan Bushnell [founder of Atari], and many others have done, and we know it can and will happen many times again. ”In other words, if they could do it, why couldn’t he? Such rationale functioned as a self - fulfilling prophecy in Silicon Valley, propelling the region forward on a self - perpetuating cycle of entrepreneurship and wealth. (This is what I hope Founders does.) ----Get access to the World’s Most Valuable Notebook for Founders by investing in a subscription to Founders Notes----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
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Feb 1, 2021 • 1h 2min

#165 William Shockley (Creator of the Electronic Age)

William Shockley, Creator of the Electronic Age, discussed his life and struggles with success. From his passive involvement in his group's success to his frustration with not having a significant inventive contribution. Shockley's abusive behavior, limited people skills, and flawed management led to the downfall of his semiconductor company.
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Jan 25, 2021 • 1h 5min

#164 Robert Goddard (Rocket Man)

What I learned from reading Rocket Man: Robert Goddard and the Birth of the Space Age by David A. Clary. ---Subscribe to listen to Founders Premium  Subscribers can: -ask me questions directly-listen to Ask Me Anything (AMA) episodes-listen to every bonus episode---[18:16] For even though I reasoned with myself that the thing was impossible, there was something inside me which simply would not stop working.  [20:08] Anything is possible with the man who makes the best use of every minute of his time. [20:18] There are limitless opportunities open to the man who appreciates the fact that his own mind is the sole key that unlocks them.  [32:55] It’s appalling how short life is and how much there is to do. We have to be sports, take chances, and do what we can. [35:57] There were limits to Goddard’s ability as a salesman, beginning with his failure to determine the interests of his potential customers.  [44:18] Goddard must be given his due. The first flight of a liquid-propelled rocket may not have looked like much but nothing like it had ever happened on Earth before.  [50:28] He explained his work was aimed at high-altitude research, not outer space. The Wright Brothers, he reminded his audience, did not try to cross The Atlantic the first time up.  [52:32] Emerson says, “If a man paint a better picture, preach a better sermon, or build a better mousetrap than anyone else, the world will make a beaten path to his door.” I have had the misfortune not to be an artist, a preacher, or a manufacturer of mousetraps. I have never had any great talent for selling ideas.  [59:27]  A boy of exceptional brilliance, of humble origins and poor health, who dreamed great dreams and pursued them throughout a dedicated life. He was a distinguished but absentminded professor, a saintly man of rich humor, an enthusiastic piano player and painter, loved by everybody who knew him. Although his own country failed to appreciate the importance of what he did, he continued in his work despite widespread ridicule and the attempts of others to steal it. He never complained, never evinced discouragement or frustration. Above all, he never gave up. [1:04:04]  Goddard was a complex and inscrutable individual. He had many admirable qualities, chief among them the patience, persistence, and iron will that helped him to overcome tuberculosis, then to pursue rocketry for three decades. Seldom expressing frustration or discouragement, he accepted failure as part of invention, and kept on working. ----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly which I will answer in Ask Me Anything (AMA) episodes ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
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Jan 18, 2021 • 1h 2min

#163 Alfred Nobel

Learn about Alfred Nobel's determination to master every situation and his financial pressure driving his inventions. Discover how a quick-witted young woman surprised Nobel with a hefty wedding gift. Explore Nobel's resilience in facing business failures and disappointment, ultimately accepting inevitable setbacks.
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Jan 11, 2021 • 1h 20min

#162 Chuck Yeager

What I learned from reading Yeager: An Autobiography by General Chuck Yeager. ----Get access to the World’s Most Valuable Notebook for Founders at Founders Notes----[10:14] I was a competitive kid. I always tried to do my best. I never thought of myself as being poor or deprived in any way. We managed to scrape by. Kids learned self-sufficiency. Mom and Dad taught us by example. They never complained. I had certain standards that I lived by. Whatever I did, I determined to do the best I could at it.  [13:22] The sense of speed and exhilaration makes you so damned happy that you want to shout for joy. [17:15]  In nearly every case the worst pilots die by their own stupidity. [26:04] I sensed that he was a very strong and determined person, a poor boy who had started with nothing and would show the world what he was really made of. [38:48] Every muscle in my body is hammering at me. I just want to let go of his guy and drop in my tracks—either to sleep or to die. I don’t know why I keep hold of him and struggle to climb. It’s the challenge, I guess, and a stubborn pride knowing that most guys would’ve let go of Pat before now. [40:57] Chuck is the most stubborn bastard in the world, who doesn’t dabble in gray areas. He sees in black and white. He simply said, “I’m not going home.”  [45:26] The Germans began to come up to challenge us and ran into a goddamn West Virginia buzzsaw. [50:30] If you love the hell out of what you’re doing, you’re usually pretty good at it, and you wind up making your own breaks. I wasn’t a deep, sophisticated person, but I lived by a basic principle: I did only what I enjoyed. I wouldn’t let anyone derail me by promises of power or money into doing things that weren’t interesting to me. [55:38] Yeager would rely on himself. I couldn’t teach him enough.  [1:03:31]  My life was flying and pilots. I didn’t spend a whole helluva lot of time doing or thinking about anything else. We were an obsessed bunch, probably because we were so isolated. [1:17:29] Living to a ripe old age is not an end in itself; the trick is to enjoy the years remaining. And unlike flying, learning how to take pleasure from living can’t be taught. Unfortunately, many people do not consider fun an important item on their daily agenda. For me, that was always high priority in whatever I was doing.  [1:18:22] I’ve never lost the curiosity about things that interest me. I’m very good at the activities I most enjoy, and that part has made my life that much sweeter. I haven’t yet done everything, but by the time I’m finished, I won’t have missed much. If I auger in tomorrow, it won’t be with a frown on my face. I’ve had a ball. ----Get access to the World’s Most Valuable Notebook for Founders at Founders Notes----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
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Jan 4, 2021 • 1h 7min

#161 Dr. Seuss

Brian Jay Jones discusses his book 'Becoming Dr. Seuss' which explores the life and career of Theodor Geisel. Topics include the influence of his parents on his work, his journey from rejection to success, conflicts and personal struggles, and the impact of his final book.
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Dec 28, 2020 • 1h 10min

#160 Peter Cundill

What I learned from reading Routines and Orgies: The Life of Peter Cundill, Financial Genius, Philosopher, and Philanthropist by Christopher Risso-Gill.----Come see a live show with me and Patrick O'Shaughnessy from Invest Like The Best on October 19th in New York City. Get your tickets here! ----Subscribe to listen to Founders Premium  Subscribers can: -ask me questions directly-listen to Ask Me Anything (AMA) episodes-listen to every bonus episode---Excellence as a goal in itself had been drummed into him from early boyhood.I’m convinced that to achieve real greatness a person needs above all to have passion but at the same time immense discipline, concentration, patience and an unshakeable determination to become a master of his craft.There is a choice of courses in life: either to seek equilibrium or to enjoy the heights and suffer the depths.You need to get into some situations which make your gut tight and your balls tingle.Do the unappealing things first.Once you have done your homework properly and are absolutely convinced that an investment is right you should not hesitate or wait for others to share the adventure. The price at which you start buying will almost invariably be imperfect but that should never discourage you.Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but we rather have those because we have acted rightly. We are what we repeatedly do. Excellence then, is not an act but a habit. (Aristotle)The more that I think about the way the Greeks, especially the Spartans, regarded the subject of exercise and the necessity of maintaining peak levels of physical fitness, the more I am convinced that the health of the mind and the spirit are either bolstered or hampered by the condition of the body.Concentrate with absolute clarity on one thing at a time.The mantra is patience, patience, and more patience. Think long term and remember that the big rewards accrue with compound annual rates of return.----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly which I will answer in Ask Me Anything (AMA) episodes ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
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Dec 21, 2020 • 1h 10min

#159 Andy Grove (Intel)

The podcast discusses the incredible life journey of Andy Grove, from surviving war and loss in Hungary during World War II to escaping to the West. It highlights the challenges faced by his family, the impact of political upheavals, and his successful career in the semiconductor industry. The narrative captures resilience, emotional reunions, deception in journalism, and the Hungarian Revolution of 1956.
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Dec 14, 2020 • 52min

#158 Walt Disney (Disneyland)

The podcast discusses Walt Disney's obsessive and determined journey to create Disneyland, showcasing his passion and attention to detail. It explores his strategic vision, creative dynamism, and the challenges he faced in realizing his masterpiece. The episode delves into Disney's fascinating shift from animation to constructing a miniature railroad, highlighting his innovation and visionary approach to amusement parks.
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Dec 7, 2020 • 58min

#157 The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution

Dive into the world of innovative minds like Ada Lovelace and Alan Turing, exploring their rebellious spirits and visionary contributions. Learn about the fierce tenacity of William Shockley and the astonishing concept that sparked Bob Noyce's excitement in the chapter on Fairchild Semiconductor. Discover the early days of venture capital, the resilience of Andy Grove, and the dynamic personas of tech pioneers like Bill Gates and Steve Jobs. Explore Ada Lovelace's vision of collaboration between humans and machines, where creativity and innovation thrive.

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