Episode

#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
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2:25:22
Published: Wed Mar 01 2023
Description

Brought to you by Athletic Greens’s AG1 all-in-one nutritional supplement, Helix Sleep premium mattresses, and FreshBooks cloud-based small business accounting software. Matt Mochary (@mattmochary) coaches the heads of top Silicon Valley tech investment firms and companies on how to be the best leaders and build the best organizations possible. His philosophy and method are captured in both the Mochary Coaching Methodology (which is available as a free Google Doc) and in his book The Great CEO Within, which is available on Amazon and online (also as a free Google Doc).As a former founder, CEO, and investor, Matt knows firsthand the challenges of those roles as well as solutions to the most commonly encountered problems. His coaching is not questions-only; there is real guidance. Matt specializes in helping CEOs and their companies (or investment firms) transition from freewheeling startups to dominant enterprises.Please enjoy!This episode is brought to you by FreshBooks. I’ve been talking about FreshBooks—an all-in-one invoicing + payments + accounting solution—for years now. Many entrepreneurs, as well as the contractors and freelancers that I work with, use it all the time.FreshBooks makes it super easy to track things like expenses, project time, and client info and then merge it all into great-looking invoices. And right now, there’s a special offer just for my listeners. Head over to FreshBooks.com/Tim to get 90% off your FreshBooks subscription for 4 months.*This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and 5 free travel packs) with your first subscription purchase! That’s up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product.*This episode is also brought to you by Helix Sleep! Helix was selected as the #1 overall mattress of 2020 by GQ magazine, Wired, Apartment Therapy, and many others. With Helix, there’s a specific mattress to meet each and every body’s unique comfort needs. Just take their quiz—only two minutes to complete—that matches your body type and sleep preferences to the perfect mattress for you. They have a 10-year warranty, and you get to try it out for a hundred nights, risk-free. They’ll even pick it up from you if you don’t love it. And now, Helix is offering 20% off all mattress orders plus two free pillows at HelixSleep.com/Tim.*[05:36] Fear and anger give bad advice.[10:23] Dispelling dating dread.[17:19] The power of prediction.[27:07] Next actions.[30:56] Turning conversations into action items.[33:36] Accountability for introverts and extroverts.[38:20] What is Focusmate?[40:23] Separating decision from implementation.[44:43] Firing well.[51:33] Effective and efficient recruiting.[1:01:41] Getting honest feedback from past managers.[1:04:10] The energy audit.[1:10:36] Running effective and efficient meetings.[1:18:56] Reducing and removing energy-depleting obligations from the calendar.[1:34:01] Assistance with assistants.[1:44:37] Why did Matt stop making documentaries?[1:55:30] Why Matt's building a startup.[1:59:52] Rules, guide rails, and exit protocols.[2:03:26] Downregulating anger and feeling the pain.[2:19:16] Parting thoughts.*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim’s email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Chapters
FreshBooks is an accounting and bookkeeping software that makes managing your business easier.
00:00 - 01:49 (01:49)
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FreshBooks
Summary

FreshBooks is an accounting and bookkeeping software that makes managing your business easier. It automates tasks like time tracking, invoicing, and expense tracking, saving up to 11 hours of work per month.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
Bryan Murphy, CEO of Tomorrow, discusses the different types of mattresses available, from memory foam to responsive foam, and highlights the features of the 14 unique models offered by his company, including a mattress for big and tall sleepers and one made specifically for kids.
01:49 - 07:51 (06:01)
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Mattresses
Summary

Bryan Murphy, CEO of Tomorrow, discusses the different types of mattresses available, from memory foam to responsive foam, and highlights the features of the 14 unique models offered by his company, including a mattress for big and tall sleepers and one made specifically for kids.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
In this episode, the guest discusses the demoralizing experience of dating apps and shares insights into finding successful and established partners which have similar directions in life.
07:51 - 17:03 (09:12)
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Relationships
Summary

In this episode, the guest discusses the demoralizing experience of dating apps and shares insights into finding successful and established partners which have similar directions in life. The discussion also touches on the issue of trust in relationships and the potential pitfalls of fame.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
The risk of negative experiences can drive people to avoid the dating pool altogether, but it's important to acknowledge and confront these fears in order to find healthy relationships.
17:03 - 22:54 (05:51)
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Dating
Summary

The risk of negative experiences can drive people to avoid the dating pool altogether, but it's important to acknowledge and confront these fears in order to find healthy relationships.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
The speaker discusses how to overcome fear in dating by acknowledging patterns and embracing what scares us, rather than avoiding it.
22:54 - 27:11 (04:16)
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Dating
Summary

The speaker discusses how to overcome fear in dating by acknowledging patterns and embracing what scares us, rather than avoiding it. They also note the importance of finding enjoyment rather than solely focusing on the end goal of finding a partner.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
Accountability is more effective than elaborate planning in realizing your goals, according to a study on behavioral modification.
27:11 - 34:43 (07:32)
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Accountability
Summary

Accountability is more effective than elaborate planning in realizing your goals, according to a study on behavioral modification. It is crucial to follow your coach's guidance, seek a partner or a friend, and take action towards your goals to stay accountable.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
A lot of people find it difficult to be productive when working alone.
34:43 - 40:40 (05:57)
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productivity
Summary

A lot of people find it difficult to be productive when working alone. One solution is to hire someone to be present in the room while doing administrative tasks, which can provide a sense of grounding and productivity.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
It can be difficult to make tough decisions as a leader when you consider the personal hardships of an employee.
40:40 - 50:16 (09:35)
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Leadership
Summary

It can be difficult to make tough decisions as a leader when you consider the personal hardships of an employee. However, becoming that employee's career agent and helping them find a better fitting job can still achieve the necessary outcome without causing unnecessary pain and suffering.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
The key to efficient hiring is minimizing the time spent with candidates who are not a good fit and maximizing time with the potential hires.
50:16 - 55:51 (05:34)
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Hiring
Summary

The key to efficient hiring is minimizing the time spent with candidates who are not a good fit and maximizing time with the potential hires. Effective selling through contacting referrals can help evaluate and sell the candidate to the company.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
The speaker discusses the importance of scheduling short recruitment sessions to determine a candidate's interest in the role, being transparent about the negative aspects of the job, and learning how to fire well to alleviate the pressure of hiring the perfect candidate.
55:51 - 1:04:55 (09:03)
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Recruitment
Summary

The speaker discusses the importance of scheduling short recruitment sessions to determine a candidate's interest in the role, being transparent about the negative aspects of the job, and learning how to fire well to alleviate the pressure of hiring the perfect candidate.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
Instead of relying solely on a calendar to manage time, breaking down daily activities and evaluating the amount of energy expended during each task can help individuals better manage their time.
1:04:55 - 1:13:45 (08:50)
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Time Management
Summary

Instead of relying solely on a calendar to manage time, breaking down daily activities and evaluating the amount of energy expended during each task can help individuals better manage their time. Additionally, pre-written agendas and pre-read comments can help increase efficiency during meetings.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
By submitting issues and topics in writing 24 hours in advance, and having meeting participants read and comment on the material, meetings can become more efficient, inclusive, and productive.
1:13:45 - 1:22:24 (08:39)
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Meetings
Summary

By submitting issues and topics in writing 24 hours in advance, and having meeting participants read and comment on the material, meetings can become more efficient, inclusive, and productive.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
Entrepreneur Tim Ferriss discusses the pros and cons of investing in and hiring lawyers for different aspects of his life.
1:22:24 - 1:31:30 (09:06)
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Lawyers
Summary

Entrepreneur Tim Ferriss discusses the pros and cons of investing in and hiring lawyers for different aspects of his life. He also shares his thoughts on the negative consequences of engineering a lifestyle centered around personal freedom.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
The speaker discusses the idea of training someone to think like you, specifically in regards to assessing risk and making decisions, but notes that it is not actually possible.
1:31:30 - 1:38:11 (06:40)
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Decision Making
Summary

The speaker discusses the idea of training someone to think like you, specifically in regards to assessing risk and making decisions, but notes that it is not actually possible. Instead, writing down questions and answers can help to settle disagreements and ensure clarity.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
The speaker shares the success they have experienced by having new executives shadow the person they are replacing for 30-60 days, which has resulted in a close to 100% success rate, and the importance of giving assistants and chief of staff full and total access to their executives.
1:38:11 - 1:43:50 (05:38)
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Executive Training
Summary

The speaker shares the success they have experienced by having new executives shadow the person they are replacing for 30-60 days, which has resulted in a close to 100% success rate, and the importance of giving assistants and chief of staff full and total access to their executives.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
The speaker discusses their experience helping former inmates find legitimate jobs and stay away from reverting back to criminal behavior.
1:43:50 - 1:48:58 (05:08)
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Criminal Justice Reform
The speaker discusses strategies to help job candidates overcome negative stereotypes attached to their appearance and behavior, which could lead to better job opportunities.
1:48:58 - 1:54:35 (05:37)
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Job Interview
Summary

The speaker discusses strategies to help job candidates overcome negative stereotypes attached to their appearance and behavior, which could lead to better job opportunities.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
The transcript talks about coaching an entrepreneur who is running a socially impactful business that provides jobs to former prisoners with a low recidivism rate.
1:54:35 - 1:59:51 (05:15)
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Entrepreneurship
Summary

The transcript talks about coaching an entrepreneur who is running a socially impactful business that provides jobs to former prisoners with a low recidivism rate. The coach, who is experienced in coaching big tech startups, is able to contribute without taking on the burden.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
Matt Mullenweg discusses managing anger and leading with empathy with Tim Ferriss, revealing personal experiences from past failed relationships and how it's taught him to deal with anger in a more productive way.
1:59:51 - 2:07:09 (07:18)
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Anger Management
Summary

Matt Mullenweg discusses managing anger and leading with empathy with Tim Ferriss, revealing personal experiences from past failed relationships and how it's taught him to deal with anger in a more productive way.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
The guest discusses the paradox of practicing stoicism while struggling with hurtful emotions caused by interactions on social media.
2:07:09 - 2:18:46 (11:36)
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Stoicism
Summary

The guest discusses the paradox of practicing stoicism while struggling with hurtful emotions caused by interactions on social media. It is explained that anger is a cover for pain and that acknowledging and focusing on the physical sensations of the pain can help with moving past it.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show
The speaker promotes the premium mattress brand Helix Sleep, which provides tailored mattresses based on your sleep preferences.
2:18:46 - 2:23:30 (04:44)
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Helix Sleep
The episode is sponsored by two companies, HelixSleep and FreshBooks.
2:23:30 - 2:25:10 (01:39)
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HelixSleep, FreshBooks
Summary

The episode is sponsored by two companies, HelixSleep and FreshBooks. HelixSleep is a company that offers custom mattresses which lead to a better sleep experience while FreshBooks offers accounting software that simplifies bookkeeping and accounting tasks while saving time.

Episode
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More
Podcast
The Tim Ferriss Show