Eric Jorgenson is the CEO of Scribe Media, the largest Professional Publisher. He’s also the author of The Almanack of Naval Ravikant: A Guide to Wealth and Happiness and The Anthology of Balaji. His books have sold over 1 million copies and have been translated into 40 languages.
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- The obsessive genius. Eric likes to invest in founders who have been obsessively trying to solve a problem for years. They are myopically focused on that one thing. They have a depth of expertise in the area where they focus. Eric has developed the skill to get good at recognizing that genius in others and that’s helped him make good investing decisions.
- He is an investor in dozens of (borderline crazy) deep-tech startups through Rolling Fun. They fund obsessive geniuses building utopian technologies.
- Eric’s first 90+ days as the CEO of Scribe: He spent as much time as possible learning from the current members of the team. Leading with curiosity, asking questions, listening, and leading with trust. Being both trustworthy and willing. You don’t have to earn my trust, you have it.
- “Flawless on the Fundamentals” – The one phrase Scribe is focused on.
- Your content diet: It’s more important than a healthy/wellness/food diet. “If you’re taking in bad information, you’re becoming a moron.” You want high-signal sources of information.
- An audience of 1 – “I wrote that book for myself.”
- Bezos – Great compression of ideas and communicating them to the team. Focused on one thing.
- Why write a book with Scribe instead of a traditional publisher… You want 100% ownership of your IP
- We talked in depth about Naval Ravikant and his viral Twitter thread titled, “How to get rich without getting lucky” – Here are some of the tweets from that thread:
- Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.
- Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.
- Ignore people playing status games. They gain status by attacking people playing wealth-creation games.
- Pick an industry where you can play long-term games with long-term people.
- Pick business partners with high intelligence, energy, and, above all, integrity.
- Don’t partner with cynics and pessimists. Their beliefs are self-fulfilling.
- Learn to sell. Learn to build. If you can do both, you will be unstoppable.
- Specific knowledge is found by pursuing your genuine curiosity and passion rather than whatever is hot right now.
- Insane and Pragmatic – Great founders are insane and pragmatic. Yes, both.
- Leverage – How do you build a mountain of levers? (Levers are force multipliers. This is how some people can accomplish 10x, 100x, or 1,000,000x what others can. Leverage can multiply outcomes from your effort, your skill, and your judgment.) “You can make it big without accountability. You can make it big without specific knowledge. But if you don’t have leverage, you’re never going to make real wealth. Leverage is the most important component of the principles I’ve discussed.” – Naval
- Transformation Through Writing: Writing a book can be a transformative process that deeply embeds certain mental models and knowledge.
- Interview Process: Engaging with a skilled interviewer can help clarify ideas, which is particularly valuable for busy executives who wish to author books but lack the time to write them themselves.
- Impact of Books: Books can play unique roles in positioning leaders and sharing knowledge, which is an invaluable tool for personal branding and legacy.
- Learning from Experts: Eric believes that his talent lies in recognizing and synthesizing the genius of others, which he shares through his books and investments.
- Professional Growth: Through interacting with talented individuals and absorbing high-quality content, Eric has developed a nuanced understanding of what drives excellence.
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- Read: Welcome to Management
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More Learning:
Episode 078: Kat Cole – From Hooters Waitress To President of Cinnabon
Episode 216: Jim Collins — How To Go From Good To Great
Episode #300: AJ & Keith Hawk – How To Instill Work Ethic & Curiosity In Your Children
Episode #303: General Stanley McChrystal – The New Definition Of Leadership
Time Stamps
00:00 Accidentally Manifesting a Dream Job
00:58 The Story of Scribe Media
02:39 The Bankruptcy and Rebirth
04:30 Becoming CEO: The Unexpected Journey
05:08 Building Trust and Rebuilding the Company
11:50 Hiring and Leadership Insights
16:18 Recognizing and Supporting Genius
31:07 Mental Models and Inner Voices
32:17 Naval’s Perspective on the Book
32:44 Writing for an Audience of One
34:47 Rebuilding Scribe’s Reputation
36:14 Mastering the Fundamentals
37:54 The Emotional Journey of Publishing
39:53 Traditional vs. Self-Publishing
49:12 The Changing Landscape of Publishing
50:30 The Power of Writing and Teaching
54:44 The Interview Process and Self-Discovery
57:19 Conclusion and Future Dialogues
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