#752: Terry Crews and Richard Koch

This episode is a two-for-one, and that’s because the podcast
recently hit its 10-year anniversary and passed one billion
downloads. To celebrate, I’ve curated some of the best of the
best—some of my favorites—from more than 700 episodes over the
last decade. I could not be more excited. The episode features
segments from episode #287 "Terry
Crews — How to Have, Do, and Be All You
Want" and episode #466 "Richard
Koch on Mastering the 80/20 Principle, Achieving Unreasonable
Success, and the Art of Gambling."


Please enjoy!


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Timestamps:


[00:00] Start


[04:48] Notes about this supercombo format.


[05:52] Enter Terry Crews.


[06:17] Terry's art background and growing up in Flint, Michigan.


[15:35] A favorite failure.


[22:40] Two ways of confronting an abusive father.


[30:41] Terry reflects on his favorite Ralph Waldo Emerson quote.


[34:20] How Terry coped with imposter syndrome on his first movie
set — with Arnold Schwarzenegger.


[39:17] Enter Richard Koch.


[39:40] Richard's non-story story about wines, spirits, and chat
shows.


[41:16] Exception to my "no book quotes" policy for Richard.


[42:10] Secrets revealed in Oxford's Bodleian Libraries.


[47:32] Richard's peculiar talent and its discovery.


[50:17] Richard's investing success despite weak numeracy: the
star principle.


[59:48] Richard's $1.5 million investment decision.


[1:03:41] Business "segmentation" in The Star Principle.


[1:06:40] Principles governing Richard's portfolio.


[1:09:07] Richard's firing from BCG and meeting Bill Bain.


[1:19:03] The growth share matrix (Boston box) explained.


[1:22:50] What Bain and Company appreciated about Richard.


[1:36:07] Results of early partner-like behavior at Bain.


[1:40:00] Key takeaways from Perspectives on Strategy and other
recommended books.


[1:44:06] Richard's preference for principles over knowledge and
The 80/20 Principle's origin.


[1:57:58] Richard's happiness and time/energy allocation.


[2:01:16] Comparing journaling styles.


[2:07:24] Adventurers vs. controllers: who has more fun?


[2:10:36] Inspiration for Unreasonable Success and How to Achieve
It.


[2:17:50] Richard's definition of success and nine landmarks of
unreasonably successful people.


[2:20:56] Landmark one: self-belief.


[2:23:40] Landmark two: Olympian expectations.


[2:24:34] Landmark three: transforming experiences.


[2:32:52] Landmark four: one breakthrough achievement.


[2:35:36] Landmark five: make your own trail.


[2:35:50] Landmark six: find and drive your personal vehicle.


[2:45:24] Landmark seven: thrive on setbacks.


[2:47:54] Landmark eight: acquire unique intuition.


[2:48:15] Landmark nine: distort reality.


[2:48:56] How landmarks reinforce each other.


[2:51:24] Nelson Mandela's unique intuition during imprisonment.


[2:58:31] Richard's annual question instead of new year's
resolutions.


[3:01:44] Parting thoughts.


*


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Past guests on The Tim Ferriss
Show include Jerry Seinfeld, Hugh
Jackman, Dr. Jane Goodall, LeBron James, Kevin
Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew
McConaughey, Esther Perel, Elizabeth
Gilbert, Terry Crews, Sia, Yuval Noah
Harari, Malcolm Gladwell, Madeleine
Albright, Cheryl Strayed, Jim Collins, Mary
Karr, Maria Popova, Sam Harris, Michael
Phelps, Bob Iger, Edward Norton, Arnold
Schwarzenegger, Neil Strauss, Ken Burns, Maria
Sharapova, Marc Andreessen, Neil Gaiman, Neil de
Grasse Tyson, Jocko Willink, Daniel Ek, Kelly
Slater, Dr. Peter Attia, Seth Godin, Howard
Marks, Dr. Brené Brown, Eric Schmidt, Michael
Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan
Peterson, Vince Vaughn, Brian Koppelman, Ramit
Sethi, Dax Shepard, Tony Robbins, Jim
Dethmer, Dan Harris, Ray Dalio, Naval
Ravikant, Vitalik Buterin, Elizabeth
Lesser, Amanda Palmer, Katie Haun, Sir Richard
Branson, Chuck Palahniuk, Arianna Huffington, Reid
Hoffman, Bill Burr, Whitney Cummings, Rick
Rubin, Dr. Vivek Murthy, Darren
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Thiel, Dr. Gabor Maté, Anne Lamott, Sarah
Silverman, Dr. Andrew Huberman, and many more.


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