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Episode

#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
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1:42:49
Published: Thu Dec 03 2020
Description

Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance | Brought to you by Headspace easy-to-use app with guided meditations, Literati subscription book club, and Wealthfront automated investing. More on all three below.Daniel Ek (@eldsjal) is the founder, Chief Executive Officer, and Chairman of the board of directors of Spotify, the world’s most popular audio streaming subscription service with 320m users, including 144m subscribers, across 92 markets.Please enjoy!*This episode is brought to you by Headspace! Headspace is your daily dose of mindfulness in the form of guided meditations in an easy-to-use app. Whatever the situation, Headspace can help you feel better. Overwhelmed? Headspace has a 3-minute S.O.S. meditation for you. Need some help falling asleep? Headspace has wind-down sessions their members swear by. And for parents, Headspace even has morning meditations you can do with your kids. Headspace’s approach to mindfulness can reduce stress, improve sleep, boost focus, and increase your overall sense of well-being.Go to Headspace.com/Tim for a FREE one-month trial with access to Headspace’s full library of meditations for every situation.*This episode is brought to you by Literati! I absolutely love what they’re doing, and I’ve been waiting for someone to really pull it off. Literati is a subscription book club that sends a beautiful book to your door each month, hand-picked by world-renowned authors and leaders. Every month, you’ll get one paperback or hardcover book that’s specific to your Luminary’s club. Like Malala’s club, Fearless. Or Stephen Curry’s club, Underrated. These are life-changing books, personally picked by awe-inspiring people.Get the books that the world’s most fascinating minds are reading, every month. And you can cancel anytime. Go to Literati.com/Tim to find your perfect book club and sign up today.*This episode is brought to you by Wealthfront! Wealthfront pioneered the automated investing movement, sometimes referred to as ‘robo-advising,’ and they currently oversee $20 billion of assets for their clients. It takes about three minutes to sign up, and then Wealthfront will build you a globally diversified portfolio of ETFs based on your risk appetite and manage it for you at an incredibly low cost. Smart investing should not feel like a rollercoaster ride. Let the professionals do the work for you. Go to Wealthfront.com/Tim and open a Wealthfront account today, and you’ll get your first $5,000 managed for free, for life. Wealthfront will automate your investments for the long term. Get started today at Wealthfront.com/Tim.***If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!For show notes and past guests, please visit tim.blog/podcast.Sign 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/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/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, 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
Litirati is a book subscription service that delivers handpicked books curated by famous authors and leaders to your door every month, with an accompanying app to discuss the book with fellow readers.
00:00 - 05:06 (05:06)
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Book Club
Summary

Litirati is a book subscription service that delivers handpicked books curated by famous authors and leaders to your door every month, with an accompanying app to discuss the book with fellow readers.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
Listen in as Tim shares tips on how to meet guests for podcasts and discusses the benefits of meditation and taking supplements, all while offering exclusive deals from Headspace and Athletic Greens.
05:06 - 12:06 (07:00)
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Meditation, Podcast, Supplements
Summary

Listen in as Tim shares tips on how to meet guests for podcasts and discusses the benefits of meditation and taking supplements, all while offering exclusive deals from Headspace and Athletic Greens.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
The speaker discusses the importance of providing clear boundaries for children while working with them to discover their own passions and creativity, allowing them to indulge their curiosity and encouraging psychological safety.
12:06 - 24:59 (12:53)
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Parenting
Summary

The speaker discusses the importance of providing clear boundaries for children while working with them to discover their own passions and creativity, allowing them to indulge their curiosity and encouraging psychological safety.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
The podcast discusses the concept of time and energy and how it is important to think about it in a broader perspective with life.
24:59 - 32:10 (07:10)
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Decision Making
Summary

The podcast discusses the concept of time and energy and how it is important to think about it in a broader perspective with life. They also talk about useful frameworks for decision making and how to balance energy in daily lives.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
The small things in physical training can have a significant impact, and finding enjoyment in the activities you're doing can transform the experience from miserable to enjoyable.
32:10 - 39:46 (07:35)
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Physical training
Summary

The small things in physical training can have a significant impact, and finding enjoyment in the activities you're doing can transform the experience from miserable to enjoyable.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
The CEO of Spotify explains how he improved productivity by prioritizing and reducing inefficient meetings while transitioning to a "maker schedule" rather than a traditional "manager schedule".
39:46 - 48:22 (08:36)
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Productivity
Summary

The CEO of Spotify explains how he improved productivity by prioritizing and reducing inefficient meetings while transitioning to a "maker schedule" rather than a traditional "manager schedule".

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
David Politis, the Founder & CEO of BetterCloud, discusses the transitions a company goes through from startup to scale-up to mature and highlights the importance of predicting the future to navigate these changes.
48:22 - 56:28 (08:05)
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Company scaling
Summary

David Politis, the Founder & CEO of BetterCloud, discusses the transitions a company goes through from startup to scale-up to mature and highlights the importance of predicting the future to navigate these changes.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
Some people struggle to balance their work obligations with their private obligations, which leads to a conflict of interests.
56:28 - 1:04:34 (08:05)
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Work-life balance
Summary

Some people struggle to balance their work obligations with their private obligations, which leads to a conflict of interests. Coaches who develop young players and bring out their full potential inspire people to pursue their goals outside of work.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
The speaker shares his experience of adding value to a meeting by providing contextual knowledge to the decision makers rather than imposing his preferences as a product-centric CEO.
1:04:34 - 1:11:08 (06:34)
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CEO
Summary

The speaker shares his experience of adding value to a meeting by providing contextual knowledge to the decision makers rather than imposing his preferences as a product-centric CEO. He also talks about the constraints faced while being a CEO and stresses on the importance of bringing in even a small number of loyal users to the product.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
The personal growth journey of a public company CEO is essential to keep up with the company, and it involves recognizing nuances, building habits, and finding ways to add value to the company.
1:11:08 - 1:24:51 (13:42)
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CEO
Summary

The personal growth journey of a public company CEO is essential to keep up with the company, and it involves recognizing nuances, building habits, and finding ways to add value to the company. An unconferenced style conference with light talks, music, and interaction with others is also helpful for personal growth.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
The uncomfortable lane can lead to big results for startups, as seen with successful companies like Shopify and Duolingo, who have competitive advantages due to not being in the top startup communities.
1:24:51 - 1:31:45 (06:54)
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Startups
Summary

The uncomfortable lane can lead to big results for startups, as seen with successful companies like Shopify and Duolingo, who have competitive advantages due to not being in the top startup communities. Focusing on areas such as machine learning, biotechnology, material sciences, and energy can also have significant implications for the future.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
The speaker discusses their personal journey of growth and struggles with feeling inadequate compared to others.
1:31:45 - 1:38:56 (07:10)
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Personal Growth
Summary

The speaker discusses their personal journey of growth and struggles with feeling inadequate compared to others. They emphasize the importance of being mindful and empathetic towards others who may be going through their own challenges.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show
Litirati is a book subscription company that delivers a handpicked book each month curated by famous authors and leaders in different fields.
1:38:56 - 1:42:38 (03:42)
listen on Spotify
Book Club
Summary

Litirati is a book subscription company that delivers a handpicked book each month curated by famous authors and leaders in different fields.

Episode
#484: Daniel Ek, CEO of Spotify — Habits, Systems and Mental Models for Top Performance
Podcast
The Tim Ferriss Show