#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! Sponsors: LMNT electrolyte supplement: https://drinklmnt.com/Tim (free LMNT sample pack with any drink mix purchase) Momentous high-quality supplements: https://livemomentous.com/tim (code TIM for 20% off) Eight Sleep’s Pod 4 Ultra sleeping solution for dynamic cooling and heating: https://eightsleep.com/tim (save $350 on the Pod 4 Ultra) 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]