Tom Bilyeu: Impact Experimentalist! ​(#197)

Tom Bilyeu is shaking up multiple industries on his way to impact a
billion brains in the Universe! Boy, was this a fun interview to
do! Tom runs a legit film studio out of his house and I was
delighted to be connected to him via my friend Danny Miranda. Tom
did not disappoint. We discussed his epic careers -- he's now on at
least his third incarnation after founding Quest Nutrition (and
selling it for a billion dollars!), then starting
a multimillion subscriber YouTube Channel / media empire
called "Impact Theory", and now as a creator and evangelist
for NFT's. We discuss his journey. We discussed the scientific
method and I enjoyed his take on being an experimenter --
though he did not agree to change the name of his channel to
"Impact Experiment" despite my pleas! Lastly, I found our
discussion of finding meaning without children particularly
touching. Tom's as honest and earnest as they come. I found that
all the more refreshing given the status, wealth, and power he's
made alongside his wife and partner for life, in business
and life, Lisa. We discussed: Regrets in life? What’s wealth for?
Can’t just be for Lambos and Yachts! What’s the most precious
resource? How to stay hungry? How to know when money success leads
to drinking your Kool Aid? Why pivot to NFT instead of sticking to
becoming the next Walt Disney? Entropy and the physics of
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“impossible” to 500-500 00:00:00 Intro 00:00:51The Origin of Quest
Nutrition 00:01:47 What is your rubric and how is it similar to the
scientific method? 00:02:00 How do you know when to pivot? 00:05:05
Can too much knowledge be an inhibitor to financial success? The
paradox of teaching Vs doing. 00:08:54 What is the purpose of
wealth? 00:13:46 To parent or not? Passing on legacy, optimizing
for joy and impact. 00:25:52 Tom's interview styles and techniques.
00:28:40 Finding synergies with creative disruption. 00:32:51 On
NFTs and moments of disruption. 00:40:54 What blockchain/NFT
strategy is there for creators/scientists to capture value?
00:43:13 Tom's theory of the "ownership" neuron. 00:47:44 Proof of
work, tangibles versus blockchain and NFTs. 00:53:11 Hunger to know
why and where you're wrong! 00:53:32 What would you put on your
billion-year time capsule? 00:55:43 What advice would you give to
your younger self to go into the impossible? 00:56:58 You can't
make a racehorse out of a pig, but you can make a really fast pig!
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