The Tim Ferriss Show

#752: Terry Crews and Richard Koch


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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 #287 "Terry Crews — How to Have, Do, and Be All You Want" and episode #466 "Richard Koch on Mastering the 80/20 Principle, Achieving Unreasonable Success, and the Art of Gambling."

Please enjoy!

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Timestamps:

[00:00] Start

[04:48] Notes about this supercombo format.

[05:52] Enter Terry Crews.

[06:17] Terry's art background and growing up in Flint, Michigan.

[15:35] A favorite failure.

[22:40] Two ways of confronting an abusive father.

[30:41] Terry reflects on his favorite Ralph Waldo Emerson quote.

[34:20] How Terry coped with imposter syndrome on his first movie set — with Arnold Schwarzenegger.

[39:17] Enter Richard Koch.

[39:40] Richard's non-story story about wines, spirits, and chat shows.

[41:16] Exception to my "no book quotes" policy for Richard.

[42:10] Secrets revealed in Oxford's Bodleian Libraries.

[47:32] Richard's peculiar talent and its discovery.

[50:17] Richard's investing success despite weak numeracy: the star principle.

[59:48] Richard's $1.5 million investment decision.

[1:03:41] Business "segmentation" in The Star Principle.

[1:06:40] Principles governing Richard's portfolio.

[1:09:07] Richard's firing from BCG and meeting Bill Bain.

[1:19:03] The growth share matrix (Boston box) explained.

[1:22:50] What Bain and Company appreciated about Richard.

[1:36:07] Results of early partner-like behavior at Bain.

[1:40:00] Key takeaways from Perspectives on Strategy and other recommended books.

[1:44:06] Richard's preference for principles over knowledge and The 80/20 Principle's origin.

[1:57:58] Richard's happiness and time/energy allocation.

[2:01:16] Comparing journaling styles.

[2:07:24] Adventurers vs. controllers: who has more fun?

[2:10:36] Inspiration for Unreasonable Success and How to Achieve It.

[2:17:50] Richard's definition of success and nine landmarks of unreasonably successful people.

[2:20:56] Landmark one: self-belief.

[2:23:40] Landmark two: Olympian expectations.

[2:24:34] Landmark three: transforming experiences.

[2:32:52] Landmark four: one breakthrough achievement.

[2:35:36] Landmark five: make your own trail.

[2:35:50] Landmark six: find and drive your personal vehicle.

[2:45:24] Landmark seven: thrive on setbacks.

[2:47:54] Landmark eight: acquire unique intuition.

[2:48:15] Landmark nine: distort reality.

[2:48:56] How landmarks reinforce each other.

[2:51:24] Nelson Mandela's unique intuition during imprisonment.

[2:58:31] Richard's annual question instead of new year's resolutions.

[3:01:44] 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.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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