Episode
#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
1:10:32
Published: Fri Sep 30 2016
Description
Matt Mullenweg (@photomatt) is most associated with a tool that powers more than 25% of the entire Web: WordPress. He's also the CEO of Automattic, which is a multi-billion dollar, fully distributed startup. Matt loves tea, tequila, and Chicken McNuggets. His first time on the show went over so well that you've all been asking for a round two. So in this episode, he answers your most popular questions. Please enjoy! Show notes and links for this episode can be found at www.fourhourworkweek.com/podcast. This podcast is brought to you by Vimeo Business. Vimeo Business has all of the prior benefits of Vimeo Pro, including VIP support. Whether you make videos for a living, run your own company, or simply want to amp up your video marketing, Vimeo Business is here to help. It has more than 280 million creators and viewers worldwide and makes it easier to share your videos with a global audience and connect with professional video makers to bring your stories to life. Vimeo Business allows you to upload up to five terabytes and store your videos in one secure place, add up to 10 team members to your account for easy collaboration, and gather feedback with seamless review tools. You can even add clickable calls to action and capture email addresses directly in the player, which can help you generate leads and drive conversion for whatever you're trying to optimize, such as a newsletter or a sales page. Check out vimeo.com/tim10 to save 10 percent on Vimeo Business. This podcast is also brought to you by Wealthfront. Wealthfront is a massively disruptive (in a good way) set-it-and-forget-it investing service led by technologists from places like Apple. It has exploded in popularity in the last two years and now has more than $2.5B under management. Why? Because you can get services previously limited to the ultra-wealthy and only pay pennies on the dollar for them, and it's all through smarter software instead of retail locations and bloated sales teams. Check out wealthfront.com/tim, take their risk assessment quiz, which only takes 2-5 minutes, and they'll show you for free the exactly the portfolio they'd put you in. If you want to just take their advice and do it yourself, you can. Well worth a few minutes to explore: 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.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
Tim Ferriss promotes his popular email newsletter called Five Bullet Friday, where he sends out five bullet points of the coolest things he's found every week, including apps, books, gadgets, and more.
00:00 - 01:02 (01:02)
Summary
Tim Ferriss promotes his popular email newsletter called Five Bullet Friday, where he sends out five bullet points of the coolest things he's found every week, including apps, books, gadgets, and more.
Episode#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
PodcastThe Tim Ferriss Show
In this podcast episode, Tim Ferriss shares an update and some announcements.
01:03 - 05:56 (04:53)
Summary
In this podcast episode, Tim Ferriss shares an update and some announcements. He talks about how he meets guests for his podcast and shares a special offer from Athletic Greens along with his free subscription service.
Episode#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
PodcastThe Tim Ferriss Show
As companies grow and become increasingly distributed, there can be a drift in understanding company goals among different individuals.
05:56 - 11:15 (05:18)
Summary
As companies grow and become increasingly distributed, there can be a drift in understanding company goals among different individuals. While the logistics of running a distributed company are improving, effective communication and alignment of goals remain a challenge.
Episode#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
PodcastThe Tim Ferriss Show
The capital constraints in Automatic's early history hindered the growth of both WordPress and the company itself.
11:16 - 15:36 (04:20)
Summary
The capital constraints in Automatic's early history hindered the growth of both WordPress and the company itself. Global Entry is a program that let people skip through customs line when they enter in the USA without waiting for their turn.
Episode#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
PodcastThe Tim Ferriss Show
Work ethic, taste, integrity, and curiosity are the key characteristics to look for in recruiting new employees and successful entrepreneurship.
15:36 - 21:47 (06:11)
Summary
Work ethic, taste, integrity, and curiosity are the key characteristics to look for in recruiting new employees and successful entrepreneurship. Approaching learning with the same care given to design and coding is crucial for a great product.
Episode#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
PodcastThe Tim Ferriss Show
The speaker talks about the current state and potential of open source tools in the realm of commerce and how it compares to the early days of blogging.
21:47 - 27:24 (05:36)
Summary
The speaker talks about the current state and potential of open source tools in the realm of commerce and how it compares to the early days of blogging. He also discusses his interest in finding solutions for fundamental interactions on the web that are lacking in current tools.
Episode#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
PodcastThe Tim Ferriss Show
In this episode, the host suggests mixing up your leftover turkey sandwich by adding mayonnaise, cranberry, horseradish, pickles, and even some fermented foods like sauerkraut or kimchi.
27:25 - 38:56 (11:31)
Summary
In this episode, the host suggests mixing up your leftover turkey sandwich by adding mayonnaise, cranberry, horseradish, pickles, and even some fermented foods like sauerkraut or kimchi. The host also mentions enjoying the sandwich with a great sartan such as a Chateau de Kim, and briefly brings up the importance of business icons.
Episode#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
PodcastThe Tim Ferriss Show
The happiness engineers utilize deep learning tools like TensorFlow to provide pre-written answers to customer's queries in order to augment their efficiency while assisting the customer.
38:57 - 45:49 (06:51)
Summary
The happiness engineers utilize deep learning tools like TensorFlow to provide pre-written answers to customer's queries in order to augment their efficiency while assisting the customer. However, there has been a marketing hype cycle around AI that has nothing to do with artificial intelligence at all.
Episode#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
PodcastThe Tim Ferriss Show
The online world is only going to become more prevalent in our lives, but that doesn't mean the end of in-person experiences.
45:51 - 56:31 (10:40)
Summary
The online world is only going to become more prevalent in our lives, but that doesn't mean the end of in-person experiences. As more people become comfortable living digitally, the opportunities for user interaction and social media platforms will only grow exponentially.
Episode#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
PodcastThe Tim Ferriss Show
This podcast episode discusses the Pomodoro technique, overcoming writer's block, and the importance of teamwork and collaboration for web developers.
56:31 - 1:01:38 (05:07)
Summary
This podcast episode discusses the Pomodoro technique, overcoming writer's block, and the importance of teamwork and collaboration for web developers.
Episode#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
PodcastThe Tim Ferriss Show
The speaker discusses how soft skills such as communication, management, and problem-solving are fundamental in the tech industry, even more so than technical skills.
1:01:38 - 1:06:59 (05:20)
Summary
The speaker discusses how soft skills such as communication, management, and problem-solving are fundamental in the tech industry, even more so than technical skills.
Episode#190: Matt Mullenweg on the Characteristics and Practices of Successful Entrepreneurs
PodcastThe Tim Ferriss Show
Tim Ferriss shares his favorite things that he has discovered and been pondering including new albums, gadgets, and articles in his weekly email, Five Bullet Friday.
1:06:59 - 1:10:29 (03:30)
Summary
Tim Ferriss shares his favorite things that he has discovered and been pondering including new albums, gadgets, and articles in his weekly email, Five Bullet Friday. He also prioritizes reading in the morning with at least 30 minutes to engage fully.