The Tim Ferriss Show
#111: Should You Start a ’Startup’ or Build a Cash-Flow Business?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 1:04:13
- More information
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Synopsis
"I should be used as a mercenary, not a lifer." - Tim Ferriss In this episode, we have a change of pace... Expa (@expa) is a startup studio. It was founded by Garrett Camp, who co-founded Uber. Every once in a blue moon, they put together a night of education. I was invited to participate. In this episode, I discuss the topic of startup design vs. lifestyle design. Some of you may be aware that I've been involved with various startups ranging from Uber to Facebook, Twitter and DuoLingo, and other businesses that have grown to more than 100 million users and customers. Simultaneously, I have written many times about lifestyle design, and I've suggested that it should come before career planning. The question is, how do we reconcile these two different approaches to business? Should you focus on building your muse and creating cash-flow focused business to fuel your ideal lifestyle...or should you swing for the fences and bet it all on a startup that is equity driven