Episode
Ryan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
1:17:09
Published: Thu Feb 03 2022
Description
Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) are joined by Ryan Holiday (@RyanHoliday) to discuss how Ryan makes and spends his money, why he opened a book shop, what fuels him, why he decided to sell coins instead of tee shirts, and much more. ----- * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. ----- Show Notes: (00:28) - Background on Ryan and MFM (05:42) - Stories and learnings from Peter Thiel (07:20) - Why to sell coins instead of shirts (31:45) - Why to publish through a traditional publisher (42:00) - Buying a ghost town (52:00) - What fuels Ryan? (56:15) - Ryan's daily routine (58:30) - Ryan's thoughts on Tucker Max ----- Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • #218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More
Chapters
The idea that the author wrote about stoicism to get rich is laughed at, as it goes against their true motivation for pursuing this topic.
00:00 - 01:37 (01:37)
Summary
The idea that the author wrote about stoicism to get rich is laughed at, as it goes against their true motivation for pursuing this topic.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
The speaker talks about how people have that one friend who they can come up with half-baked ideas with without feeling confused.
01:37 - 04:36 (02:59)
Summary
The speaker talks about how people have that one friend who they can come up with half-baked ideas with without feeling confused. They also discuss giving life advice and explaining their framework for different topics.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
The speaker describes a hotel with large rooms and retired military and law enforcement personnel on staff as security.
04:36 - 08:44 (04:07)
Summary
The speaker describes a hotel with large rooms and retired military and law enforcement personnel on staff as security.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
In this excerpt, two podcasters discuss the value of physical merchandise that aligns with their ideas, and the thoughtfulness required to make it effective.
08:44 - 14:42 (05:57)
Summary
In this excerpt, two podcasters discuss the value of physical merchandise that aligns with their ideas, and the thoughtfulness required to make it effective. They specifically mention the downsides of t-shirts as a merchandise option.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
Shopify allows you to make and sell products to people, unlocking a lot of potential.
14:42 - 17:09 (02:27)
Summary
Shopify allows you to make and sell products to people, unlocking a lot of potential. It has become a big company due to its unique platform.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
This podcast discusses the Indian godmen who have millions of followers that show their devotion by crawling up mountains to visit their religious leaders who are believed to perform miracles, and how these godmen have faced lawsuits over using famous figures' images on their branded products.
17:09 - 21:35 (04:26)
Summary
This podcast discusses the Indian godmen who have millions of followers that show their devotion by crawling up mountains to visit their religious leaders who are believed to perform miracles, and how these godmen have faced lawsuits over using famous figures' images on their branded products.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
Discussion about the various types of challenge points that are given as rewards by different organizations for different purposes and a brief conversation surrounding the types of clients that often require these services.
21:35 - 25:42 (04:07)
Summary
Discussion about the various types of challenge points that are given as rewards by different organizations for different purposes and a brief conversation surrounding the types of clients that often require these services.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
A former employee reflects on their time answering phones and working on new media for Robert Greene, author of 48 Laws of Power.
25:42 - 29:16 (03:33)
Summary
A former employee reflects on their time answering phones and working on new media for Robert Greene, author of 48 Laws of Power.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
The author of "Trust Me: PR is Dead" discusses the success of his book and addresses the current state and future of traditional and self-publishing in the industry.
29:16 - 32:49 (03:32)
Summary
The author of "Trust Me: PR is Dead" discusses the success of his book and addresses the current state and future of traditional and self-publishing in the industry.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
The guest shares his experience creating a catalog of books that continue to sell every year, rather than focusing on a single bestseller.
32:49 - 38:55 (06:06)
Summary
The guest shares his experience creating a catalog of books that continue to sell every year, rather than focusing on a single bestseller. He also discusses the idea behind The Daily Stoic, a book which features a page a day about stoicism.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
The importance of owning intellectual property and how it can provide long-term financial security without being dependent on a regular paycheck as an author or content creator.
38:55 - 42:31 (03:35)
Summary
The importance of owning intellectual property and how it can provide long-term financial security without being dependent on a regular paycheck as an author or content creator.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
The speaker discusses how social media has revolutionized the way individuals can produce high-quality content and build their own personal brand, leading to increased recognition and fans.
42:31 - 50:23 (07:51)
Summary
The speaker discusses how social media has revolutionized the way individuals can produce high-quality content and build their own personal brand, leading to increased recognition and fans. He also acknowledges the negative aspect of constantly being recognized in person.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
The speaker reflects on how the idea of taking risks and uprooting her life is no longer as appealing as it was when she was younger and discusses the advantages of being more rooted in regular people life.
50:23 - 54:02 (03:39)
Summary
The speaker reflects on how the idea of taking risks and uprooting her life is no longer as appealing as it was when she was younger and discusses the advantages of being more rooted in regular people life.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
The speaker expresses their concern regarding the toxic and cultish direction of the current socio-political climate and the notion that clickbait generates more attention regardless of authenticity.
54:02 - 1:01:59 (07:56)
Summary
The speaker expresses their concern regarding the toxic and cultish direction of the current socio-political climate and the notion that clickbait generates more attention regardless of authenticity. They also talk about their passion for writing and how it's a grounding experience.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
The credibility and competence of institutions are essential in determining the trust people have in them; however, past negative experiences can easily influence people's perceptions of them, even if they are right in certain situations.
1:01:59 - 1:10:12 (08:12)
Summary
The credibility and competence of institutions are essential in determining the trust people have in them; however, past negative experiences can easily influence people's perceptions of them, even if they are right in certain situations.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
The episode discusses the idea of people challenging themselves in various ways such as climbing Mount Everest or taking cold showers, and how this can be turned into a personal brand.
1:10:12 - 1:15:28 (05:15)
Summary
The episode discusses the idea of people challenging themselves in various ways such as climbing Mount Everest or taking cold showers, and how this can be turned into a personal brand. It also touches upon the role of social media in building a brand and the importance of authenticity versus pandering to an audience.
EpisodeRyan Holiday on The Economics of Book Writing, Why You’re Monetizing Your Media Business All Wrong, His Split with Tucker Max, and More
PodcastMy First Million
In this transcript excerpt, the host recommends the book "Courage Is Calling" by an unknown author and talks about some other books that he has read, such as "Perennial Seller," "Obstacles Away," "Conspiracy," "Trust Me, I'm Lying," "Stillness Is Key," and "Ego Is the Enemy."
1:15:28 - 1:16:08 (00:40)
Summary
In this transcript excerpt, the host recommends the book "Courage Is Calling" by an unknown author and talks about some other books that he has read, such as "Perennial Seller," "Obstacles Away," "Conspiracy," "Trust Me, I'm Lying," "Stillness Is Key," and "Ego Is the Enemy."