Episode
#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
Description
This episode of the podcast features Blake Mycoskie (@blakemycoskie). Blake Mycoskie is the Founder and Chief Shoe Giver of TOMS, and the person behind the One for One® business model, which helps a person in need with every product purchased. This simple idea has grown into a global movement: TOMS Shoes has provided more than 60 million pairs of shoes to children since 2006, TOMS Eyewear has restored sight to more than 400,000 people since 2011, and TOMS Roasting Company has helped provide over 335,000 weeks of safe water since launching in 2014. In 2015, TOMS Bag Collection was founded with the mission to help provide training for skilled birth attendants and distribute birth kits containing items that helps women safely deliver babies. As of 2016, TOMS has supported safe birth services for more than 25,000 mothers. In this episode we cover: Early entrepreneurial ventures The power of journaling How "the stool analogy" changed Blake's life Lessons from Ben Franklin And much, much more… This episode comes from my new television show Fear(less), where I interview world-class performers on stage about how they’ve overcome doubt, conquered fear, and made their toughest decisions. You can watch the entire first episode with illusionist David Blaine for free at att.net/fearless. (To watch all episodes, please visit DIRECTV NOW). We recorded three hours of material and only one hour was used for the TV show. This podcast episode is almost entirely new content that didn’t appear on TV. Enjoy! Show notes and links for this episode can be found at www.fourhourworkweek.com/podcast. This episode is brought to you by Inktel. Ever since I wrote The 4-Hour Workweek, I've been frequently asked about how I choose to delegate tasks. At the root of many of my decisions is a simple question: "How can I invest money to improve my quality of life?" Or, "how can I spend moderate money to save significant time?" Inktel is one of those investments. It is a turnkey solution for all of your customer care needs. Its team answers more than one million customer service requests each year. It can also interact with your customers across all platforms, including email, phone, social media, text, and chat. Inktel removes the logistics and headache of customer communication, allowing you to grow your business by focusing on your strengths. And as a listener of this podcast, you can get up to $10,000 off your start-up fees and costs waived by visiting inktel.com/tim. That's inktel.com/tim. This podcast is also brought to you by 99Designs, the world's largest marketplace of graphic designers. I have used them for years to create some amazing designs. When your business needs a logo, website design, business card, or anything you can imagine, check out 99Designs. I used them to rapid prototype the cover for The Tao of Seneca, and I've also had them help with display advertising and illustrations. If you want a more personalized approach, I recommend their 1-on-1 service. You get original designs from designers around the world. The best part? You provide your feedback, and then you end up with a product that you're happy with or your money back. Click this link and get a free $99 upgrade. Give it a test run...***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.Interested in sponsoring the podcast? Visit tim.blog/sponsor and fill out the form.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
The 5 bullet point Friday email newsletter is one of the most popular newsletters in the world with millions of subscribers.
00:00 - 00:53 (00:53)
Summary
The 5 bullet point Friday email newsletter is one of the most popular newsletters in the world with millions of subscribers. Every Friday, Tim Ferris sends out short bullet points of the coolest things he found that week, which sometimes includes apps, books, documentaries, supplements, gadgets, new self-experiments, hacks, tricks, and all sorts of weird stuff that he digs up from around the world.
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
Tim Ferriss interviews Blake Mycoskie, founder of TOMS, and discusses his early entrepreneurial ventures, power of journaling, lessons learned from Ben Franklin and how the stool analogy changed his life.
00:53 - 07:22 (06:28)
Summary
Tim Ferriss interviews Blake Mycoskie, founder of TOMS, and discusses his early entrepreneurial ventures, power of journaling, lessons learned from Ben Franklin and how the stool analogy changed his life.
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
The speaker discusses the life lessons and career advice she received from her father who cut down his practice by 50% to support her mother's career, taught his children about having a work ethic, and shared the concept of "spiritual windshield wipers."
07:34 - 20:58 (13:23)
Summary
The speaker discusses the life lessons and career advice she received from her father who cut down his practice by 50% to support her mother's career, taught his children about having a work ethic, and shared the concept of "spiritual windshield wipers."
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
The speech given by billionaire Mr. Deadman about having a life path similar to a stool with multiple legs; the story of the creation of ClubCorp and Ben Franklin's decision to advertise the Farmers' Almanac for monetary reasons, despite differing moral ideals, is discussed.
20:58 - 25:44 (04:45)
Summary
The speech given by billionaire Mr. Deadman about having a life path similar to a stool with multiple legs; the story of the creation of ClubCorp and Ben Franklin's decision to advertise the Farmers' Almanac for monetary reasons, despite differing moral ideals, is discussed.
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
The guest discusses his experiences backpacking and how it influenced his mindset in building a business.
25:44 - 31:58 (06:14)
Summary
The guest discusses his experiences backpacking and how it influenced his mindset in building a business. He also mentions the book "Four Hour Work Week" and how it helped his company grow rapidly through outsourcing.
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
The speaker and a group of individuals gathered used shoes from wealthy families in Argentina and provided them to children in need in nearby villages who were often without proper footwear.
31:58 - 41:26 (09:27)
Summary
The speaker and a group of individuals gathered used shoes from wealthy families in Argentina and provided them to children in need in nearby villages who were often without proper footwear. This act of kindness brought immense joy and excitement to the children and families.
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
Blake Mycoskie, the founder of TOMS Shoes, discusses how he came up with the idea for the one for one model, where for every pair of shoes sold, another would be given to a child in need, and how it led to a successful business that combined commerce and social impact.
41:26 - 48:45 (07:19)
Summary
Blake Mycoskie, the founder of TOMS Shoes, discusses how he came up with the idea for the one for one model, where for every pair of shoes sold, another would be given to a child in need, and how it led to a successful business that combined commerce and social impact.
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
TOMS founder, Blake Mycoskie, shares his experience of running a successful enterprise that began small and raised bank loans to finance inventory, instead of having investors demand fast growth rates.
48:45 - 53:53 (05:07)
Summary
TOMS founder, Blake Mycoskie, shares his experience of running a successful enterprise that began small and raised bank loans to finance inventory, instead of having investors demand fast growth rates. Having a valuable company and leverage is more effective than immediately seeking financing, and focusing on addressing frustrations and needs can lead to a successful startup.
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
The founder of TOMS, Blake Mycoskie, shares lessons from the early days of his company, including the importance of creating interesting content that encourages customers to share with pride, and the value of focusing on giving rather than marketing.
53:53 - 1:02:36 (08:43)
Summary
The founder of TOMS, Blake Mycoskie, shares lessons from the early days of his company, including the importance of creating interesting content that encourages customers to share with pride, and the value of focusing on giving rather than marketing.
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
The podcast includes ads for 99designs and InkTell, with a short mention of "Five Bullet Friday" newsletter.
1:02:36 - 1:11:00 (08:23)
Summary
The podcast includes ads for 99designs and InkTell, with a short mention of "Five Bullet Friday" newsletter.
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
Ink Tell provides 24/7 customer service across all platforms, allowing businesses to focus on their strengths and grow without the logistics and headaches of communication.
1:11:00 - 1:12:51 (01:50)
Summary
Ink Tell provides 24/7 customer service across all platforms, allowing businesses to focus on their strengths and grow without the logistics and headaches of communication. As a competitive advantage, Ink Tell offers a real alternative to the mediocre customer service many e-commerce and tech companies offer.