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In this episode, Eileen White, Chief Scientific Officer at the Rutgers Cancer Institute, describes the fundamental role of autophagy in the maintenance of health and prevention of neurodegeneration, cancer, and other diseases. She also goes into detail about the paradoxical finding that autophagy may benefit an existing cancer cell and help it to survive—a discovery leading to new possibilities in cancer therapy. We also discuss fasting (and molecules that induce autophagy) and the critical need to decode the proper fasting “dose” in order to improve human health.
We discuss:
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This episode features Naval Ravikant’s profile from Tools of Titans, which is now available as an audiobook. This chapter's narrators are Kaleo Griffith (bio) and Ray Porter (profile). To check out the full audiobook of Tools of Titans with 100+ chapters, visit audible.com/ferriss.
The audiobooks of Tools of Titans and Tribe of Mentors can be found at audible.com/ferriss
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Shawn Baker, MD is a board certified orthopedic surgeon, multi-sport world record holding Masters 50+ Athlete, and the author of The Carnivore Diet.
My guest today is Ben Thompson. Ben is the author of my favorite business strategy newsletter called Stratechery. He’s also the host of the exponent podcast, and now the Dithering, a podcast he recently launched with John Gruber. I think Ben is among the most interesting business analysts in the world, and I’ve learned from and directly applied many of his ideas. We cover many of the major concepts he’s introduced over the years, including his well know aggregation theory. I think that to understand how the internet has changed the business world for good, you must read Ben and follow his thinking. I’m excited to finally have him as a guest on the show. Please enjoy our conversation.
For more episodes go to InvestorFieldGuide.com/podcast.
Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub.
Follow Patrick on Twitter at @patrick_oshag
Show Notes
(01:26) – (First question) – Companies that are built for the next disruption
(1:32) – The End of the Beginning
(9:58) – Aggregation Theory and the Smiling Curve
(13:18) – Steps to creating an aggregator
(19:46) – Pattern of successful aggregators or luck?
(24:34) – How aggregators interact with suppliers and consumers
(30:49) – Taking on other aggregators
(34:09) – Platform vs aggregator in the scope of Shopify vs Amazon/Walmart
(40:55) – The Moat Map
(46:16) – Value chain thinking and profitable business models
(51:58) – Future of media and independent content creator’s vs bundles
(56:07) – Bundling independent creators
(1:00:37) – The infrastructure layer of technology and software companies
(1:02:35) – His thoughts on gaming platforms
(1:06:13) – The atoms vs the bits in the tech world
(1:12:18) – What he’s learned from covering Netflix
(1:13:46) – Kindest thing anyone has done for Ben
(1:15:56) – Stratechery Podcast
Learn More
For more episodes go to InvestorFieldGuide.com/podcast.
Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub
Follow Patrick on Twitter at @patrick_oshag
Today Roland tells a story that demonstrates a timeless principle in business and life. If you want to move forward faster in your personal or business life, this episode will certainly help you do just that.
"The only way to fix dependence on a crutch is to let go and start walking without it." Roland Frasier
Often the 'Crutch' that you lean on will become a leash that holds you back or hurts you or your business. If this rings true for you, listen in today for Roland's Step by Step plan for throwing away YOUR crutches and leashes. Be sure to hit SUBSCRIBE on Apple Podcasts and share this episode with your business-minded friends.
5 Steps To Free Yourself From Your Crutch (And Leash) Step 1, Enquire• What things are you doing in your life and business that you don't want to do?
• Identify the tasks that you hate, that you loathe?
• What are you doing that's not earning you the money you need to live the life that you want to lead?
• Who is someone you work for, or with, that no longer brings joy or value to your personal life or business?
• Is there anyone in your business or life that you don't see eye-to-eye with on moral or ethical issues? Who has values that don't match your own, and they're not likely to any time soon?
Make a list of all of the above.
Step 2, IdentifyMake a list of things to stop doing and relationships to end, based on your answers to the questions above. When you've done this, you now have a list of all of the crutches that have become leashes.
Step 3, VisualizeIf you are going to take these necessary actions, you're going to need some help getting motivated.
Take a moment to imagine life in a year, when you've eliminated each crutch/leash on your list. Picture how much more profitable, peaceful, joyful, your life will be. Behavioral Scientists call this ‘future pacing’. Now hold onto this visualization as you move on to step 4.
Step 4, PrepareAs humans, we are all conditioned to avoid pain and seek pleasure. The reason these crutches are hard to let go of is that at some point, they helped. At some point, they were beneficial. Ending a relationship, whether with drugs, alcohol, a person, or a crutch, is one of the hardest things we as humans may have to do.
Prepare yourself for this. For each item or person, you need to let go of, write out what you want to say ...Even if you have to play devil's advocate with Yourself and do some self-talk! Listen to the episode for Roland's examples.
Step 5, Act, Throw, And Cut.Accelerate your happiness and success by using this process and take some giant leaps forward, on your own two feet. Lean on the work you've done and do what you need to do.
Now that you're thinking consciously and intentionally about recognizing these crutch and leash situations, you will be able to move forward faster into the life you want to live.
Who is Roland Frasier?Roland practiced business, tax, and securities law for over 12 years and is now an active investor who drives growth and scale in his portfolio companies. He is co-founder and/or principal of three current Inc. Magazine fastest-growing companies and he has founded, scaled, or sold 24 different 7 to 9 figure businesses ranging from consumer products to industrial machine manufacturing companies with adjusted sales ranging from $3 million to $337 million. Roland is currently growing DigitalMarketer.com, RivalBrands.com, and Plattr.com while advising over 150 other companies on digitally centric customer acquisition, activation, referral, retention, and revenue strategies and plan implementation.
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The dystopia is here.
Chaos, confusion, fear and anger. Horrific racism. Generations of pain fueling rioting and violence. Death and illness. Faltering systems and leadership failures. Market crashes and jobs lost.
Communities are divided. Home lives are disrupted. Meanwhile, cities all across America are literally on fire.
How we can right the ship? Deal with these cataclysmic shifts? And move forward productively?
We can crash and burn. Or we can adapt -- a remaking of society that begins with personal reinvention.
James Altucher is a virtuoso of this process.
A prodigious intellect and abundantly talented polymath, James is a comic, chess master, entrepreneur, investor and prolific writer with over twenty books to his name, including the Wall Street Journal bestseller Choose Yourself. He's also a fellow podcaster and an unconventional thinker with an idiosyncratic lens on pretty much everything from creativity to finances.
James and his writing have appeared in major media outlets including The Wall Street Journal, The New York Times, The New York Observer, Techcrunch, and The Financial Times. His blog, JamesAltucher.com, has attracted more than 20 million readers since its launch in 2010. And The James Altucher Show regularly appears in the top 100 podcasts on iTunes.
On the subject of self-experimentation, James' latest unconventional move was releasing his latest self-published book, Think Like a Billionaire, on Scribd.
Most compelling is James' relentless devotion to constant reinvention. Making his fourth appearance on the podcast, today we explore the importance of this trait and the habits that enable you to adapt and thrive in rapidly changing times — more critical now than ever.
Recorded pre-pandemic in mid-February, this conversation is the last in my stash of episodes banked before quarantine.
Nonetheless, I suspect you will find our discourse highly applicable to our current moment -- packed with tactics and strategies you can deploy to better acclimate to the rapidly changing circumstances that face us all.
It's about how to make better decisions. And ultimately, how to create opportunity out of calamity.
The visually inclined can watch it all go down on YouTube. And as always, the audio version streams wild and free on Apple Podcasts and Spotify.
James is one of my most favorite people. He’s a natural and gifted conversationalist, his ideas are easily deciphered, and packed with the perfect amount of humor and data-backed insight.
To some degree, we are all being called to reinvent ourselves right now. May this conversation help serve that process.
Peace + Plants,
Listen, Watch & Subscribe
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Thanks to this week’s sponsors
Four Sigmatic: Nutritious and delicious mushroom brews and elixirs made with only the highest quality adaptogens and easy to take on the go. To try ‘em out visit foursigmatic.com/roll and use the discount code ROLL to get 15% off ALL PURCHASES.
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Whoop: The world’s most powerful fitness tracker. Get smarter about how you sleep, recover, and train, so you can unlock your best self. Go to WHOOP.com and use the promo code “Richroll” at checkout to save 15% off your order.
Note: One of the best ways to support the podcast is to support the sponsors. For a complete list of all RRP sponsors and their respective vanity url's and discount codes, visit my Resources page and click "Sponsors".
SHOW NOTES
Related Podcasts You Might Enjoy
Thanks to Jason Camiolo for production, audio engineering and show notes; Margo Lubin and Blake Curtis for video, editing and graphics; portraits by Ali Rogers; copywriting by Georgia Whaley; and theme music by Hari Mathis, Tyler Piatt & Trapper Piatt.
*Disclosure: Books and products denoted with an asterisk are hyperlinked to an affiliate program. We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
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Support The Sponsors: One of the best ways to support the podcast is to support our sponsors. For a complete list of all RRP sponsors and their respective vanity url's and discount codes, visit my Resources page and click "Sponsors".
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