
#173 Yancey Strickler on Why It's Time to Re-Evaluate the Economy | Impact Theory
Tom Bilyeu's Impact Theory
05/26/20
•50m
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On this episode of Impact Theory with Tom Bilyeu, Kickstarter co-founder Yancey Stickler argues that capitalism is good but incomplete, and that we need to expand our definition of self-interest. He shares the story of Kickstarter’s founding and explains why they became a public benefit corporation, describes his philosophy of Bentoism, and details the path to self-coherence.
SHOW NOTES:
Yancey tells the story of how he became an entrepreneur [1:23]
Yancey explains that they never wanted to sell Kickstarter [5:48]
Yancey describes the reasoning behind a public benefit corporation [9:08]
What happens when values become central instead of being a passive guardrail [11:51]
Being obsessed with financial growth leads to an existential crisis [13:30]
Financial value is important, but it’s better to optimize for other values [16:52]
Tom and Yancey discuss how recent the prioritization of financial optimization is [19:31]
Stakeholder capitalism means you make decisions based on everyone involved [23:16]
Yancey describes his intellectual path to bentoism [28:29]
What does it mean to be “self-coherent?” [35:51]
Yancey’s grid of “now me,” “now us”, “future me”, and “future us” is his life user interface [41:41]
How do you deal with internal conflicts in Bentoism? [43:27]
Yancey wants to expand our definition of self-interest [48:03]
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FOLLOW:
WEBSITE: ystrickler.com
BENTOISM: bentoism.org
INSTAGRAM: https://bit.ly/3fXSUZ0
TWITTER: https://bit.ly/2ThOVwI
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If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.
Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.
This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.
Subscription Benefits:
- Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more
- New episodes delivered ad-free
- Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list
- You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:
- Legendary Mindset: Mindset & Self-Improvement
- Money Mindset: Business & Finance
- Relationship Theory: Relationships
- Health Theory: Mental & Physical Health
- Power Ups: Weekly Doses of Short Motivational Quotes
Subscribe on Apple Podcasts: https://apple.co/3PCvJaz
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Next Episode

Conversations with Tom | Donald Hoffman on Why Our Reality Is False
May 28, 2020
•152m
On this episode of Conversations with Tom, Donald Hoffman and Tom Bilyeu discuss the fascinating possibilities that stem from the theory that evolution gave us the equivalent of a desktop interface that hides the real truth from us so that we can take effective action. They discuss the nature of consciousness, free will, space-time, causality and the self.
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SHOW NOTES:
Most of us believe that we see reality as it is. But we don’t. [1:14]
Donald describes how mathematical game theory explains natural selection [3:42]
Donald talks about a game he created to simulate evolution [9:33]
Seeing the truth and seeing what you need to survive are very different things [13:51]
Evolution gave us the equivalent of a desktop interface, not the truth [18:11]
Every creature has a different user interface and perceives a different reality [24:57]
If we let go of logic and reasoning, then we have nothing left [32:10]
There will always be unprovable truths. You can never know it all. [35:14]
Donald describes the process by which you “see” an apple [42:05]
Evolution tells us that the language of space and time does not describe reality [47:53]
Donald proposes that reality is a vast social network of conscious agents [49:39]
A conscious agent creates their interpretation from their experiences [53:32]
What is consciousness? [57:12] What does a conscious agent need to do? [1:00:49]
Donald and Tom discuss fascinating cases of split-brain patients [1:08:13]
If space-time is doomed then is causality doomed as well? [1:22:17]
Donald discusses free will and its relationship to cause and effect [1:28:01]
The self is a construction just like space and time [1:30:27]
You can never experience yourself choosing [1:39:15]
Donald describes the experience of realizing that he is just inside a VR headset [1:40:01]
What’s the difference between math all the way down and turtles all the way down? [1:50:25]
Tom and Donald discuss the double-slit experiment in physics [1:56:18]
Donald talks about his wife and his marriage [2:01:49]
Donald and Tom discuss the possibility of taking off the headset [2:03:10]
Donald and Tom discuss why they haven’t used psychedelics [2:07:10]
Since space-time is doomed, what’s next? [2:13:27]
FOLLOW DONALD:
WEBSITE: https://bit.ly/2WLu47l
TWITTER: https://bit.ly/2WKJ0SX
Are You Ready for EXTRA Impact?
If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.
This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.
Subscription Benefits:
- Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more
- New episodes delivered ad-free
- Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list
- You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:
- Legendary Mindset: Mindset & Self-Improvement
- Money Mindset: Business & Finance
- Relationship Theory: Relationships
- Health Theory: Mental & Physical Health
- Power Ups: Weekly Doses of Short Motivational Quotes
Subscribe on Apple Podcasts:...
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