The Learning Leader Show With Ryan Hawk

Episode #272: Scott Galloway – The Algebra of Happiness

The Learning Leader Show

“Steve Jobs is the most famous deadbeat dad.  We should worship character and kindness.” — Scott Galloway

Show Notes:

  • Commonalities of sustaining excellence:
    • They are demonstrably great at multiple specialty areas
    • They have grit — a willingness to roll up their sleeves.  And work a lot.
    • They hold people accountable — “If they don’t perform, show them the door. Strategic firing.”
    • They have empathy – They understand other people and what they want to achieve
  • Scott explains why he’s a builder and a teacher
    • He’s an NYU professor.  He also has started and ran three successful businesses at the same time.  This allows him to give practical, real life, advice to his students
  • The best method for learning is teaching — “It forces you to really know what you believe.”
    • “You have to prepare, have themes, support them with research.  You have to bring it.”
  • His viral videos — “I try to behave as if nobody is watching… I need to be real and myself.”
    • Why he said, “Mark Zuckerberg is Putin’s bitch.”
  • “Steve Jobs is the most famous deadbeat Dad.  We should worship character and kindness.”
  • The power of saying “exactly what you think.”
  • “You’re smart to be afraid when you’re younger.”
  • Scott Galloway’s Career Advice:
    • 1) Get certified. Get your degree. College grades make 2X that of those who don’t graduate.
    • 2) Be remarkable (“So good they can’t ignore you”). What two attributes can you bring together that make you unique (the artist who knows how to use excel).
    • 3) Invest in variance – find the 6-8 things that are most important to your firm. Become in expert in a couple of them (Be a great public speaker, great writer)
    • 4) Get to a city (Allen Gannett agrees)
    • 5) Boring is sexy
    • 6) Delay gratification – Power of compound interest. Invest in something that will pay off
    • 7) Demonstrate strength and grit. Exercise everyday. Be stronger
    • 8) Don’t follow your passion – be passionate about being great at something.
    • 9) Ignore the myth of balance. He has balance now because he worked like crazy for 20 years.
    • 10) Build credibility.
  • Advice I received from my Dad when I first became a manager — “You can’t just be an inspiration guy. You need to understand the numbers, the business side, too.”
  • The best managers “move their chair next to the person their leading and have a real conversation with them.”
  • The myth of balance: “If you want to be a top 1% earner, then you won’t have balance.  I don’t know anyone who’s able to do that who doesn’t work their ass off.”
    • Did the money bring happiness?  “Yes, but also a divorce.  Money is a means to an end.”
  • The Harvard happiness study:
    • “Happiness is love full stop.” — “Love who you are, who you’re with… Love WHAT you do and who you do it with.”
  • Sweating vs watching:  “You should spend more time sweating than watching other people sweat.  High performers are physically fit.  Work out.”
    • “The only youth serum is exercise.”
    • “When it gets real, I want to be able to run fast or kill them all.  Working out gives me the confidence to do that.”
  • Things vs Experiences:
    • “We overestimate the happiness things will bring us.  We underestimate the happiness experiences bring us.”
  • The Four:
    • The hidden DNA of Amazon, Apple, Facebook, and Google.
    • Google = God.  Knows more about you than anything else
    • Facebook = Love
    • Amazon = Consumption
    • Apple = Signals your worth. Sex.
  • Why joining The Learning Leader Circle is a good idea
  • Use the “Get To Know You Document

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