Smart Friends

By: Eric Jorgenson
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  • Summary

  • Casual conversations with founders, technologists, investors, and artists about building a brighter future, together. Welcome to our digital living room.  With science, technology and entrepreneurship we can *continue* to create unfathomable leaps in quality of life. We show you how to find, apply, build, and invest in technologies to change your life and the world.  When we have smart friends, we do smart things. When we do smart things, we save the world.  No matter who, where, or when you are – now you have smart friends, too.  Outside this podcast, I’m the author of The Almanack of Naval Ravikant and The Anthology of Balaji. Connect at ejorgenson.com  Laugh and learn with people like Balaji Srinivasan, Naval Ravikant, Andrew Wilkinson, Austen Allred, David Senra, Josh Storrs Hall, Ashley Rindsberg, Zach Pettet, Bret Kugelmass, Omar ElNaggar, Grace Guo, Brett Kopf, Max Olson, Chris Williamson, Shane Mac, Tim Hwang, David Perell, Jason Hitchcock, Natalia Karayaneva, Sebastian Marshall, Taylor Pearson, Mitchell Baldridge and more. Join conversations with my partners in early-stage tech investing, Bo Fishback and Al Doan. Our Rolling Fun Episodes cover our investments and escapades as angel investors and startup helpers. We invest in startups creating the *next* industrial revolution. Learn more at rolling.fun “Surround yourself with people who remind you more of your future than of your past.”
    Copyright Eric Jorgenson, Magrathea Inc.
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Economics Leadership
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Episodes
  • #083 Klaus Kleinfeld: How to Lead Fortune 500 Companies, Manage Energy, Inspire Teams

    #083 Klaus Kleinfeld: How to Lead Fortune 500 Companies, Manage Energy, Inspire Teams
    Nov 26 2024
    Topics: (00:00:00) - Intro (00:04:24) - Watching the moon landing (00:07:32) - Klaus’ career (00:10:08) - Why Klaus wrote Leading To Thrive (00:15:13) - Energy management, not time management (00:19:37) - How do you implement these tactics in business? (00:23:46) - Spiritual energy (00:37:36) - Managing energy for life, work, and family & business (00:54:52) - Instilling purpose as a leader (01:04:59) - How do you approach balancing stakeholders? (01:07:50) - What do you look for when building a team? (01:12:01) - Closing advice Links: Leading to Thrive by Klaus Kleinfeld Klaus on LinkedIn To support the costs of producing this podcast: >> Buy a copy of the Navalmanack: www.navalmanack.com/ >> Buy a copy of The Anthology of Balaji: https://balajianthology.com/ >> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage >> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun >> Join the free weekly email list at ejorgenson.com/newsletter >> Text the podcast to a friend >> Or at least give the podcast a positive review to help us reach new listeners! Here’s what we explored in the episode: Watching the moon landing as a child from East Germany inspired Klaus’ lifelong belief in the strength of human innovation. Shifting from time management to energy management. Finding your purpose is like "focusing a laser" that channels diffuse energy to achieve extraordinary results. From observing professional tennis players, Klaus learned how mental toughness and micro-recharges help maintain peak performance. Controlled breathing is a simple but powerful tool to manage emotions and maintain focus during high-pressure moments. Klaus helped transform and restore purpose to Siemens’ struggling angiography division with the most impactful team meeting you can imagine. Aligning a team's work with a meaningful purpose motivates teams and improves long-term performance. His book was born from a desire to share lessons with young leaders, his daughters, and others seeking balance and performance. Creating memorable moments with his family helped Klaus maintain strong relationships despite a demanding career. You can instill urgency and align teams by clearly communicating that a situation absolutely requires change. Important Quotes from the podcast on Business and Entrepreneurship There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important. Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start.
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    1 hr and 16 mins
  • #082 Paul Millerd: Profits in Publishing, Why Self-Publish, How Authors Make Big Money

    #082 Paul Millerd: Profits in Publishing, Why Self-Publish, How Authors Make Big Money
    Oct 29 2024
    Links: Scribe Media Paul’s website The Pathless Path by Paul Millerd Good Work by Paul Millerd Paul on X Topics: (00:00:00) - Intro (00:03:15) - Introducing Paul, and the early days of the publishing industry. (00:06:48) - The earliest days of publishing, distribution of profit, and printing methods. (00:17:46) - The 2014 E-book collusion (00:20:27) - The self-publishing surge, the $4.99 sweet spot, and where authors can optimize. (00:24:47)- The history of paperbacks (00:37:28) - Book deals and agents (00:48:15) - The India market, publisher problems, and compounding disinterest. (01:06:06) - The future of publishing To support this podcast: >> Explore writing or publishing your book with Scribe: Scribemedia.com >> Buy a copy of the Navalmanack: www.navalmanack.com/ >> Buy a copy of The Anthology of Balaji: https://balajianthology.com/ >> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage >> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun >> Join the free weekly email list at ejorgenson.com/newsletter >> Text the podcast to a friend >> Or at least give the podcast a positive review to help us reach new listeners! Here’s what we explored in the episode: We dive deep into the quirky history of the publishing industry, tracing it all the way back to the 1400s. In the 19th century, authors could increase their earnings by co-investing in fixed costs, like print plates and bookbinding. Traditional Publishing has always seen hardcovers as “the real books” and sought to protect them and their profits. Trade paperback was published only after a successful hardcover, with those rights often sold separately. Self-publishing changed the game for authors, with Amazon enabling print-on-demand and much higher royalty percentages. If you are an author signing with a traditional publisher, realize YOU ARE NOT THE CUSTOMER–book retailers are their customers. Lots of authors who earned big money retained their rights. Stephen King retained his paperback rights an early successful book. After the hardcover version succeeded, he sold those rights for $400,000 Harper Lee made significant earnings from To Kill a Mockingbird by retaining movie adaptation rights. Tom Clancy held on to his film and international rights. This later became highly lucrative as his popularity grew and more of his books got adaptations. Traditional Publishers often prioritize prestige, tradition, and their profits – which doesn’t always align with author’s goals. Indie authors can now disregard tradition and experiment with pricing strategies to maximize reach, revenue, and their own personal results. Important Quotes from the podcast on Business and Entrepreneurship There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important. Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start.
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    1 hr and 38 mins
  • #081 The Next Industrial Revolution w/ J. Storrs Hall [Replay]

    #081 The Next Industrial Revolution w/ J. Storrs Hall [Replay]
    Oct 2 2024
    This is a replay of episode 34 of this podcast. Links: Josh’s Bio - Autogeny.org Where is my flying car? By J. Storrs Hall Little Fuzzy by H. Beam Piper The Martian by Andy Weir Snow Crash by Neal Stephenson Beyond AI by J. Storrs Hall Nanofuture: What’s Next For Nanotechnology by J. Storrs Hall Other Episode You’ll Like: Solocast #3: Nuclear, Nanotech, and the next Industrial Revolution (Book Recap: “Where is my Flying Car?”) Massive Opportunities w/in Design & User Interface with Cliff Kuang To support this costs of producing this podcast: >> Buy a copy of the Navalmanak: www.navalmanack.com/ >> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage >> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun >> Join the free weekly email list at ejorgenson.com/newsletter >> Text the podcast to a friend >> Give the podcast a positive review to help us reach new listeners >> Name-your-price subscription monthly, annual, or one-time: https://app.omella.com/o/9Bufa >> Follow me on Twitter: @ericjorgenson >> Get in touch about sponsoring this podcast by replying to an email or DMing me on Twitter.
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    1 hr and 38 mins

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