We Study Billionaires - The Investors Podcast

On today’s episode, Kyle Grieve discusses a wonderfully well-written autobiography, “Shoe Dog” by Phil Knight, the founder of Nike. He discusses the importance of identifying and pursuing true happiness while ensuring a stable income as a fallback, the value of hustle, the importance of trust with your suppliers, why focus is so vital to business success, the hidden downsides of issuing equity, the importance of maintaining cash reserves, the complexities of growing a business, and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:30 - The importance of being aware of what will make you happy in life, and pursuing it with deep focus 07:37 - Why happiness can't be fulfilled based purely on increased earnings power 09:42 - Why hustle and unconventionality is so important to getting a nascent business off of the ground 15:36 - The difficulties of aligning incentives between lenders and borrowers in fast-growing businesses 23:29 - The importance of creating an enemy in business to help motivate ex