Last week I caught a headline that Jeff Bezos was the richest man in the world thanks to a spike in Amazon share price. Yes, he has passed both Bill Gates and Warren Buffett, the perennial number one and two on the list of richest people.
Around the same time this picture of a remarkable physical transformation hit the Internet.
You can forget about goals for most things in life because they just as often serve as demotivators as motivators. What you want to do instead is create and utilize systems. Think of systems as the business version of an individual’s habits. In The Tycoon Playbook we stress building systems for wealth accumulation through acquisitions.
In this video Scott talks about how he’s used systems to become a very wealthy man. It starts off a bit slow because he’s giving a talk to a group of patients suffering from a certain affliction but quickly gets very relevant and interesting for us. Pay close attention to the story about how he and a friend approached dating back in high school to grasp the principle. Scott being goal-oriented would pick a specific girl to ask out. Then when he finally worked up the courage to approach her she would inform him at least half the time that she already had a boyfriend. As a result he didn’t meet many girls. In contrast his friend was focused on building and refining a system for simply meeting as many girls as possible. At this he succeeded spectacularly.
By the way, Scott published a book called How to Fail at Almost Everything and Still Win Big a few years ago and is publishing a new one this fall o persuasion titled How to Win Bigly.
Billionaire Peter Thiel talks about he thinks billionaires create value.
“The 24 Hour War” The Ford/Ferrari Rivalry [TRAILER]
This looks like a must see for those who enjoy films and documentaries about business. This one is about the intense rivalry between Ferrari and Ford. Back in the early 1960s Ford thought it had a done deal with Ferrari to acquire the famous supercar designer and maker. When Ford executives flew to Italy to sign the paperwork, Enzo killed the deal.
The second season of SHO’s Billions has begun. The first season was very good and the second looks promising as well.
Here’s the trailer for new season.