#179 Multi-Billionaire Marc Lore on How to Find Your Big Opportunity | Impact Theory
Tom Bilyeu's Impact Theory
07/14/20
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On this episode of Impact Theory with Tom Bilyeu, serial entrepreneur and multi-billionaire Marc Lore explains how to raise capital when you are just starting out, how to hire and lead employees, and how to make progress towards your goals no matter what you are right now.
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SHOW NOTES:
Marc credits his attitude of “billions or body bags” with his success [2:26]
Tom and Marc discuss having your back against the wall and being aggressive [5:16]
Marc hires self-motivated people and then makes sure he doesn’t micromanage them [7:55]
Marc looks for traits instead of experience for start-up companies [8:58]
Never ask a question in an interview that someone could have prepared for [10:52]
People who went to really good schools have a hard time taking risk [14:15]
Marc shares the story of applying to a business school he had almost no chance at [15:48]
Marc never accepts that something is impossible unless it literally has a 0% probability [18:48]
Marc believes that you are born and raised with some traits, but most can be developed [20:19]
Marc focuses on caring, kindness and empathy when raising his kids [22:27]
When Marc was a kid he was quite entrepreneurial, and got into stocks at 10 years old [23:26]
Marc talks about why his first investors were willing to take a risk on him [26:21]
Tom and Marc discuss how to help someone build desire [27:48]
Marc explains how he deals with doubters [31:04]
Great execution is better than great ideas [33:35]
The way to deal with failure is not to dwell on it, but be objective about progress [35:49]
People want to be understood, and empathy is the most important leadership quality [37:23]
Entrepreneurs should be thinking about vision, capital and people over 80% of the time [39:18]
For core values to be core, there have to be 3 or less [41:29]
Marc shows how he raised money in the beginning [43:18]
Marc shares the impact he wants to have on the world [46:23]
FOLLOW: TWITTER: https://bit.ly/2PJmaXU
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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.
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- 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
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<...Previous Episode
In this conversation with host Tom Bilyeu, the best-selling author of “Blueprint: The Evolutionary Origins of a Good Society” discusses everything from grieving elephants to colonies on Mars and future sex robots. He explains why good human impulses are eventually more powerful than antagonism and division, describes experiments where interaction with artificial intelligence improves peoples’ behavior towards each other, and expresses hopeful optimism about our ability to constantly expand the moral sphere and upgrade the social contract.
This episode is brought to you by:
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SHOW NOTES:
Why are we cultural animals in the first place? What is the capacity for culture? [1:00]
Nicholas advocates that there is more that unites humanity than there is that divides us [4:43]
People don’t really think that their life experience is dictated by their group membership [7:12]
When travelling, at first people seem so different, but soon it’s clear how similar we are [9:38]
Nicholas discusses the ability of elephants to feel grief, and why faces are different [13:35]
Elephants will teach each other how to raid human crops [18:11]
Nicholas explains the power of grief, and the way it is so different from other emotions [20:26]
Nicholas talks about the rituals surrounding grief, and how they reconnect people [24:20]
Nicholas uses whaling to describe how the human moral sphere has expanded [28:28]
Nicholas shares stories of being a hospice doctor [30:33]
Nicholas talks about how important active listening is, especially as a hospice doctor [37:49]
Nicholas explains how to talk to someone who is dying [41:55]
Nicholas then explains the basic principles on how to break bad news [46:21]
Nicholas discusses colonizing Mars and why he thinks it is inevitable [49:43]
Nicholas and Tom discuss Shackleton and shipwrecks [53:11]
How does artificial intelligence change the way humans interact with each other? [56:43]
Nicholas talks about sex robots, and how we may need a new social contract [1:01:15]
How will we program AI, and how will it affect human society? [1:04:27]
Nicholas describes an experiment where robots encouraged human sociality [1:13:47]
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WEBSITE: https://bit.ly/3eepkx7
FACEBOOK: https://bit.ly/2Nber36
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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
Next Episode
On this episode of Health Theory with Tom Bilyeu, Dr. Terry Wahls explains how a focus on cellular health can lead to extraordinary outcomes, even for people struggling with severe chronic illness.
This episode is brought to you by:
Butcher Box: Go to ButcherBox.com/IMPACT to reserve your spot on their waitlist. You’ll get an email when they’re ready to take your order.
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SHOW NOTES:
[0:00] Fight for Your Life: Terry shares the story of how she responded to her diagnosis of Progressive MS.
[7:49] Focus on Mitochondria: Terry describes the importance of mitochondria and talks about why she focused on them.
[18:28] How to Create Health: Drugs treat symptoms but they do not create health. Terry shares stories of transformation due to diet and lifestyle changes.
[23:41] Cytokines 101: Terry explains how wear and tear is repaired in cells, and why the process can become overactive, leading to inflammation.
[27:48] Be Your Own Case Study: Why you should definitely pay attention to research, but you still have to figure out what works for you.
[31:36] Eat These Foods: Terry defines a good diet, and talks about which foods to add to your diet and which to eliminate.
FOLLOW TERRY:
WEBSITE: terrywahls.com
INSTAGRAM: instagram.com/drterrywahls/
FACEBOOK: facebook.com/TerryWahls/
TWITTER: twitter.com/terrywahls
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.
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
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