The Tim Ferriss Show

#741: Jim Collins and Ed Zschau


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This episode is a two-for-one, and that’s because the podcast recently hit its 10-year anniversary and passed one billion downloads. To celebrate, I’ve curated some of the best of the best—some of my favorites—from more than 700 episodes over the last decade. I could not be more excited. The episode features segments from episode #361 "Jim Collins — A Rare Interview with a Reclusive Polymath" and #380 "Ed Zschau — The Polymath Professor Who Changed My Life."

Please enjoy!

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Timestamps:

[00:00] Start

[05:00] Notes about this supercombo format.

[06:03] Enter Jim Collins.

[06:28] How Jim’s students influenced his entrepreneurial path.

[10:45] Why Jim carries a three-timer stopwatch.

[12:21] Using a spreadsheet to optimize discipline in service of creativity.

[13:42] Ideal minimum creative hours per year.

[15:19] Avoiding a life-distorting “funk.”

[17:41] Calculating an optimal end point.

[19:27] Patterns discovered using Jim’s time-tracking method.

[20:23] Three crucial components for living the life Jim wants to lead.

[22:18] The bug book and the hedgehog concept.

[30:31] Peter Drucker mic-drop lessons.

[34:39] Enter Ed Zschau.

[34:59] How I convinced Dr. Zschau to let me into his Princeton engineering course.

[37:38] Ed’s background in competitive figure skating and the lessons it taught him.

[41:45] The origin of Ed’s meticulous attention to detail.

[45:31] The benefits of learning by doing through the case method.

[49:21] Ed’s definition of entrepreneurship.

[50:50] The role of optimism in entrepreneurship and life.

[53:30] Ed’s aspirations as a teenager and young adult.

[55:32] What drew Ed to Princeton as an aspiring physics philosopher.

[58:21] How Ed got into teaching and his belief that career planning is overrated.

[1:03:37] How Ed learned to become a good teacher and the influence of extemporaneous speaking.

[1:06:53] Lessons from extemporaneous speaking competitions about preparation and adaptation.

[1:11:04] Ed’s thoughts on focusing for extended periods versus opening himself to opportunities.

[1:13:06] Ed’s decision to run for Congress.

[1:17:57] Advantages of committing to a maximum of three terms in the House of Representatives.

[1:21:29] Ed’s experience and self-reflection after losing his Senate race.

[1:23:40] Ed’s decision process when transitioning from investor to CEO.

[1:26:05] Differentiating between high-impact commitments and peer pressure.

[1:29:41] Comparing Ed’s parenting style to his teaching style.

[1:31:17] Ed’s belief in encouragement over direction and his own upbringing.

[1:34:45] The origin of Ed’s goal to live a life that matters.

[1:37:05] Influential books and recommendations for aspiring entrepreneurs.

[1:42:05] Ed’s current excitement and efforts to make higher education affordable through technology.

[1:48:37] The mantra by which Ed lives his life and his childhood nickname.

[1:50:57] How Ed brings the sound of music to his endeavors.

[1:57:34] Ed’s influence on others to continue his work of changing the world.

[1:59:40] Parting thoughts.

*

For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.

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Past guests on The Tim Ferriss Show include Jerry SeinfeldHugh JackmanDr. Jane GoodallLeBron JamesKevin HartDoris Kearns GoodwinJamie FoxxMatthew McConaugheyEsther PerelElizabeth GilbertTerry CrewsSiaYuval Noah HarariMalcolm GladwellMadeleine AlbrightCheryl StrayedJim CollinsMary Karr, Maria PopovaSam HarrisMichael PhelpsBob IgerEdward NortonArnold SchwarzeneggerNeil StraussKen BurnsMaria SharapovaMarc AndreessenNeil GaimanNeil de Grasse TysonJocko WillinkDaniel EkKelly SlaterDr. Peter AttiaSeth GodinHoward MarksDr. Brené BrownEric SchmidtMichael LewisJoe GebbiaMichael PollanDr. Jordan PetersonVince VaughnBrian KoppelmanRamit SethiDax ShepardTony RobbinsJim DethmerDan HarrisRay DalioNaval RavikantVitalik ButerinElizabeth LesserAmanda PalmerKatie HaunSir Richard BransonChuck PalahniukArianna HuffingtonReid HoffmanBill BurrWhitney CummingsRick RubinDr. Vivek MurthyDarren AronofskyMargaret AtwoodMark ZuckerbergPeter ThielDr. Gabor MatéAnne LamottSarah SilvermanDr. Andrew Huberman, and many more.

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