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cover of episode Unicorn Founder on Unseen Arbitrages, the Paradox of Wealth + Charlie Munger Wisdom ft. Ryan Petersen

Unicorn Founder on Unseen Arbitrages, the Paradox of Wealth + Charlie Munger Wisdom ft. Ryan Petersen

2024/11/11
logo of podcast My First Million

My First Million
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Ryan Petersen
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Shaan Puri
成功主持《My First Million》播客，分享创业策略和资源。
Topics
Ryan Petersen：我从斯坦福商学院学到的谈判技巧至今仍对我的事业有益。我与Charlie Munger的友谊让我受益匪浅，他教会我许多关于商业和人生的智慧，例如专注于解决问题而不是直接追求金钱，以及避免与愚蠢的竞争对手竞争。我创立Import Genius和BuildZoom的经验表明，利用公共数据可以创造巨大的商业机会，但需要建立分销渠道或网络效应来构建竞争壁垒。在与人合作时，我更看重他们的性格和能力，而不是他们的学历或智商。在商业谈判中，双方都需要有所得，才能建立长期的合作关系。我创立Flexport的经历也证明了这一点。 Shaan Puri：Ryan Petersen的成功之处在于他既能将公司自主创业发展到数百万美元规模，又能通过风险投资将公司发展成为数十亿美元规模的公司。他从Charlie Munger那里学到了宝贵的经验，他的谈判技巧和对财富悖论的独特见解也值得学习。他早期通过自主创业和倒卖等方式积累的财富，为Flexport的创立奠定了基础。他认为，关注解决问题比直接追求金钱更能带来财富，并且在商业谈判中，双方都需要有所得，才能建立长期的合作关系。

Deep Dive

Chapters
Ryan Petersen shares his journey of becoming friends with Charlie Munger and the lessons he learned from him.
  • Ryan met Charlie Munger through a mutual friend.
  • He learned about the importance of worldly wisdom from Munger.
  • Munger emphasized the value of understanding big ideas across various disciplines.

Shownotes Transcript

Episode 648: Shaan Puri ( https://x.com/ShaanVP ) talks to Flexport founder Ryan Petersen ( https://x.com/typesfast) ) about playing both games: bootstrapping a startup to millions and raising venture capital to build a multi-billion dollar company. 

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Show Notes: 

(0:00) Import Genius

(5:36) Paul Graham's superpower

(9:34) Data-as-a-service framework

(13:51) Charlie Munger's worldly wisdom

(19:45) Prioritizing adventure

(24:09) The paradox of wealth

(28:51) Charlie Munger's student experiment

(31:00) Negotiation masterclass

(37:23) Inside Founders Fund

(43:16) Being in a crowd v following a crowd

(46:29) Highs and lows

(48:52) "You can just do things"

(50:16) Unseen arbitrages

(53:00) $50M Phone booths

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Links:

• Flexport - https://www.flexport.com/) 

• ImportGenius - https://www.importgenius.com/) 

• Schlep Blindness - https://paulgraham.com/schlep.html)

• Poor Charlie’s Almanack - https://www.stripe.press/poor-charlies-almanack) 

• Founders Fund - https://foundersfund.com/) 

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Check Out Shaan's Stuff:

Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd)

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Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/)

• Ideation Bootcamp - https://www.ideationbootcamp.co/)

• Copy That - https://copythat.com)

• Hampton Wealth Survey - https://joinhampton.com/wealth)

• Sam’s List - http://samslist.co/)

My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano