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272: Scott Galloway - The Algebra Of Happiness by Ryan Hawk

272: Scott Galloway - The Algebra Of Happiness

from The Learning Leader Show With Ryan Hawk

by Ryan Hawk

Published: Sun Aug 26 2018

Show Notes

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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