Chapter
The Realities of Starting a Company
1:04:05 - 1:14:36 (10:30)
In this podcast, the speaker discusses the realities of starting a company and the misconceptions surrounding it. They emphasize the importance of understanding relative versus absolute risk and how building something from scratch as an entrepreneur can make you a better investor.
Clips
Navdeep Chandel's concept of understanding the difference between relative and absolute risk is crucial, as the media often confuses the two.
1:04:05 - 1:05:52 (01:47)
Summary
Navdeep Chandel's concept of understanding the difference between relative and absolute risk is crucial, as the media often confuses the two. Additionally, developing scientific literacy and improving adherence can help people make better decisions about their health.
ChapterThe Realities of Starting a Company
Episode#197: Drunk Dialing -- Ladies Night Edition!
PodcastThe Tim Ferriss Show
Tim Ferriss calls entrepreneur Marisa Mayer and asks which has paid off better for her, being an entrepreneur or an investor.
1:05:52 - 1:06:39 (00:46)
Summary
Tim Ferriss calls entrepreneur Marisa Mayer and asks which has paid off better for her, being an entrepreneur or an investor.
ChapterThe Realities of Starting a Company
Episode#197: Drunk Dialing -- Ladies Night Edition!
PodcastThe Tim Ferriss Show
The experience of building a company as an entrepreneur and learning to persuade, negotiate, and create something from scratch can make someone a better investor, compared to practicing investing with other people's money.
1:06:39 - 1:09:28 (02:49)
Summary
The experience of building a company as an entrepreneur and learning to persuade, negotiate, and create something from scratch can make someone a better investor, compared to practicing investing with other people's money. However, not everyone needs to start a company to be successful and should not feel discouraged if they choose a different path.
ChapterThe Realities of Starting a Company
Episode#197: Drunk Dialing -- Ladies Night Edition!
PodcastThe Tim Ferriss Show
In this podcast, the importance of identifying fears and reasons for hesitations when transitioning into entrepreneurship is discussed.
1:09:31 - 1:14:36 (05:05)
Summary
In this podcast, the importance of identifying fears and reasons for hesitations when transitioning into entrepreneurship is discussed. Starting a company on the side and working on your business instead of in your business is also a recommended approach.