This episode is a rare exception to the rule — unlike my usual long-form interviews, this is a drunk-dialing Q&A with you guys, which I’ve done a few times in the last few years, including for the celebration of the 100th episode of this podcast. In preparation for this episode, I solicited phone numbers from listeners who wanted to receive a call from me, and then I started drinking and dialing, answering questions and getting a little frisky along the way.
This time, I came in hot, starting after a few preliminary drinks with friends on a weekend — so it’s double trouble.
I ended up covering topics including:
- How to reassess existing projects, specifically ones which you’ve put a lot of capital and time into, using 80/20 analysis and other tools.
- How to learn to care less about what people think, social perception, and how to minimize herd mentality.
- A framework for thinking about entrepreneurship, risk-taking, and how to cut your teeth as a business builder or creator.
- How to learn to ask better questions, whether in dating or sales.
- How to let the silence do the work.
- And so much more!
Please enjoy this tequila-fueled Q&A!
You can find the transcript of this episode here. Transcripts of all episodes can be found here.
- Listen to it on Apple Podcasts.
- Stream by clicking here.
- Download as an MP3 by right-clicking here and choosing “save as.”
Want to hear another episode when I’m drunk and called fans? — Listen to this one, in which I discuss my thoughts on sex as a “doorway to a higher perception,” past experiences with stimulants and psychedelics, how Jocko Willink has influenced my approach to discipline, and much, much more.(Stream below or right-click here to download):
This episode is brought to you by LinkedIn and its job recruitment platform, which offers a smarter system for the hiring process. If you’ve ever hired anyone (or attempted to), you know finding the right people can be difficult. If you don’t have a direct referral from someone you trust, you’re left to use job boards that don’t offer any real-world networking approach.
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QUESTION(S) OF THE DAY: What was your favorite quote or lesson from this episode? Please let me know in the comments.
Scroll below for links and show notes…
SELECTED LINKS FROM THE EPISODE
- Casa Dragones
- Fear-Setting: The Most Valuable Exercise I Do Every Month, Tim Ferriss, tim-blog-development.mystagingwebsite.com
- Balkans War: A Brief Guide, BBC News
- Man’s Search for Meaning by Viktor Frankl
- The Magic of Thinking Big by David Schwartz
- The Indus Entrepreneurs (TiE) Global Entrepreneurship Organization
- Tribe of Mentors: Short Life Advice from the Best in the World by Timothy Ferriss
- You Are the Average of the Five People You Most Associate With by Melia Robinson, Business Insider
- Shopify
- The Quiet Master of Cryptocurrency — Nick Szabo, The Tim Ferriss Show
- Teespring
- Dom D’Agostino on Fasting, Ketosis, and the End of Cancer, The Tim Ferriss Show
- My Life Extension Pilgrimage to Easter Island, The Tim Ferriss Show
- Barbell Shrugged
- 1,000 True Fans by Kevin Kelly
- When to Quit — Lessons from World-Class Entrepreneurs, Investors, Authors, and More, The Tim Ferriss Show
- Understanding the Pareto Principle (The 80/20 Rule), Better Explained
- The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss
- The Artist’s Way by Julia Cameron
- The 4-Hour Chef: The Simple Path to Cooking Like a Pro, Learning Anything, and Living the Good Life by Timothy Ferriss
- Houghton Mifflin Harcourt
- Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers by Timothy Ferriss
- The Effective Executive: The Definitive Guide to Getting the Right Things Done by Peter F. Drucker
- Cal Fussman’s work at Esquire
- 23 Signs You’re Secretly An Introvert by Carolyn Gregoire, HuffPost
- The Tim Ferriss Podcast is Live! Here Are Episodes 1 and 2, The Tim Ferriss Show
SHOW NOTES
- As an immigrant living in Salt Lake City, Danny asks how he can learn to care less about the expectations of others — especially parents whose plans for his life differ greatly from his own. [05:05]
- How does one go about building a world-class support system? [15:51]
- Why the best time to test the waters of entrepreneurship is when you already have a steady paycheck. [19:33]
- Here’s a little dietary advice from someone on tequila, chocolate chip cookie, bullsh*t caloric surplus mode after a rough couple of weeks. [27:50]
- Joseph asks how I pick projects — specifically, how do I know what to pull the trigger on and what to let go? [32:01]
- Who are my “five people?” [42:45]
- Regina asks how I strike the balance between asking questions to better get to know a guest and asking questions that will be useful and interesting to my listeners. How might someone apply this to their own everyday conversations? [45:06]
- Simple is usually better than clever. Remember to let silence do the work. [48:14]
- Are the questions you’re asking too personal, or just too early? [49:35]
- A brief introvert’s guide to leading conversation and how to get someone to open up without putting them on the spot. [52:13]
- Conversation is a skill, and the only way to get better is to practice. Just make sure to practice before the big game. [57:03]
Comment Rules: Remember what Fonzie was like? Cool. That's how we're gonna be — cool. Critical is fine, but if you're rude, we'll delete your stuff. Please do not put your URL in the comment text and please use your PERSONAL name or initials and not your business name, as the latter comes off like spam. Have fun and thanks for adding to the conversation! (Thanks to Brian Oberkirch for the inspiration.)
When and where do you put a call out for people to put their phone numbers for these kinds of calls?! Thanks.
Welcome to Austin. Took you long enuff! Hope you enjoy it as much as we do.
@Tim, I heard you mention TiE and TiE is alive and well here in Austin! I’m a charter member, so if you’d like to get involved or hear about our events I can update you.
i'm just going to say, boy you hold your liquor well. Great callers and good feedback!
Enjoyed this drunk dialing episode a lot! Thanks for your mentorship and willingness to connect with fans so openly!
Hey Tim, Not sure if you reply to comments here. I'll give it a shot anyway. I was really intrigued to listen by the first two points you said you'd cover – timed perfectly, and coming from the perfect source. When you drilled down to the first caller's needs, he said his focus about how people saw him was more about his family. The clarification you used to get there – namely, asking if he was talking about the prospective customers/marketplace – is exactly where I hoped you would go with that point. I am wondering if you could speak a bit to that direction: how would you deal with caring less/not at all about what people think inhibiting your ability to execute? Specifically, in my case, I have a burning desire to teach people, I want to start making a difference. What I have experience with, is traveling (a lot), and business (which affords my travel). But, later in life, I want to do something I feel has a much higher purpose, related to personal development and spirituality. I fear the conflict between these things – that I may be branded "the travel guy" or "the business guy" or some other niched aspect of what I have to talk about, and people may not take me seriously or that somehow I will be at a disadvantage when I move on from it. I don't personally feel there's a conflict, because travel opens up doors for personal and spiritual development, and of course there's nothing wrong with doing the things that can afford one a life of travel. However, I don't know that people will be responsive to such a drastic niche change, or if it might turn people off somehow otherwise. Maybe it's irrational, but I've done a lot of work/exercises around this, including ones you've mentioned, including the "so what" from this podcast, and your other one that you said ultimately led you to taking time off to write the 4 Hour Work Week (where you made 3 columns – worse case scenario things; things to minimize the likelihood; line-by-line what to do to get back to where you are now – then evaluate them on a scale of 1-10). I've spent years grappling with this, as I don't want to risk my (much bigger) future, for something that I am passionate about now, but I haven't found the thing that has managed to move the needle. I'm starting to force myself to work on it through an accountability system, but it's clear that I have not yet fully committed to the idea because of this conflict of personal ecology, and it's also clear that it's going to take a commitment if it's going to stand any chance of success. This post was a lot longer than I expected it would be, I hope you find it and have the time to help. In either case, thank you for what you do. You're a person I look up to for your accomplishments and attitude.
It's an great thought. Thank you Tim for sharing such great aspects of life with us.
I’ve been listening to the show for 2 years now, and this is in the top 10 for sure! Great questions and great answers. Tim, I’m doing DiSSS on a new skill and now I’m digging into the literature. Do you recommend using speed reading (I’ve never tried it before)? I worry that my mind might not be able to absorb too much information that quickly and I definitely don’t want to waste my time with it then. Thanks in advance! 😊
Hi Tim, I have appreciated listening to your array of perspectives on so many important topics in life and business. My question is based on the first caller who was struggling to pull the trigger in regards to entrepreneurship. I have been connected with an amazing group of business mentors who have their hands on eccomerce and mentorship platforms, and I wanted to connect with the intial caller. I’m not sure if this is something you can arrange based on confidentiality, but thought it was worth the ask, to be able to add value to him (I believe his name was Danny). Thanks for taking the time to respond!
I just listened to your podcast this morning on my way to work..reminded me of the drunk history Netflix show my daughter made me watch talking about history while getting wasted, which I loved!!! \_/* cheers lechim salute \_/*
Hey Tim! My question is not directly related to this episode, just something that occurred to me while listening. I would love to hear about your experience dealing with difficult and/or overwhelming emotions. Naturally, the ups of life are balanced with the downs, and during those lows, how do you cope? Do you ever experience an emotion so strongly that it paralyzes you? Not so much that you can't physically move or take action, but that you just can't shake it? I have this experience with anxiety sometimes, where it will just grip me, viscerally, and my logical brain is like "relax, everything is fine," but the emotion and the physical feelings persist, until they're ready to go. Sometimes I can interrupt them, sometimes I can't. Do you ever get to those lows where a relatively hopeless "f*ck it" mentality sets in, and you just binge out on Netflix or something? You mentioned in this episode that you'd had a rough couple weeks preceding it, and I guess I'm just asking for you to talk about that. What do you do when maybe your best performance, or sharpest mind, or motivation is just not available? This got long, oops. Thanks for everything. 🙂
Some thoughts on your recent 5 bullet Friday: I was a huge advocate for oil of oregano and used it as a preventative measure when traveling on planes. However, I have since stopped after reading about possible deleterious effects on gut microbiome. Any thoughts?
Hi one the comments was it may be a great fit to be #2/ liueutenant to an established leader and still make significant progress in your career/ earnings. How does one get those opportunities? I know it is not cookie cutter method to find those situations but how does one start when you already are in late 40s?
@tim Enjoyed this drunk dialing episode a lot! Thanks for your mentorship and willingness to connect with fans so openly!
Hi Tim, first I would like to suggest something which should help you record calls at a much higher quality. A few days ago, I listened to episode #330 and it struck me: you may not know this trick because if you did, you would have used it, so here is step by step instructions how to: 1. Go to voice.google.com and use your Google account 2. Enter zip code to search available numbers and choose one 3. Pair your personal phone number with the available Google Voice number 4. I am sure you already have a high-quality mic for your computer, but I use a Blue Yeti USB mic 5. Connect headphones to mic 6. When you’re ready to make a call, enter the number and select Hangouts 7. To record call, I use Snagit and capture the Hangouts window Et Voila, you now have access to very high-quality call recording tool you can use for your podcasts and you don’t have to share personal phone number with anyone. Second, I would like to ask a question: Let’s assume I have an industry disruptive idea I’d like to brainstorm and fund. How do I open the subject with anyone about the idea without worrying it will be taken and used by the audience with resources? Thank you
Just curious if you've heard about the mushroom burial suit….. https://www.ted.com/talks/jae_rhim_lee
Tim, similar to the Mike Shinoda episode I'd like to ask if you'd consider an episode with Mike Posner — given that he has launched a podcast of his own he's come to truly appreciate what you do on a whole new level. As part of his team I'm reaching out to set up an interview between the two of you. I know you're insane busy but a closed mouth doesn't get fed so i'm going to make for the proposal. Thanks for taking the time to read this if you did — it means a great deal. Also, thanks for introducing the world to Cal Fussman because of that I now get the chance to work with Cal on his podcast everyday. Cheers,
Yeah, I'd love to toss my number into the ring too, Ferriss. Get after me.
Honestly I have turned so many people on to you. Was a supporter all along the way of your curiosity, tenacity desire for self mastery and life experimentation.., have to be honest, this series makes me just want to say, ‘grow up.’ For someone who has mentioned family members with history of depression, suicide, mental health issues…I find the… let me sling back some alcohol and get frisky with my ansers,…juvenile and insensitive in its normalization of drinking six tequila shots and then starting the show?! Your professional life seems above it, but honestly lost some respect for me… not that you care.. im sure your rating are great for this kind of thing.