Bill Gurley: 6 Out of 10 People Are Making This Mistake
3/9/202653 min
Run your life like a $100M business. Get Sam's system here: https://clickhubspot.com/fhs Episode 803: Sam Parr ( https://x.com/theSamParr ) sits down with legendary investor Bill Gurley ( https://x.com/bgurley ) about how to avoid the biggest mistake you can make in life. — Show Notes: (0:00) 6 out of 10 people hate their job (11:24) Insane determinism (14:15) Finding your fascination (21:19) Underrated advice: Peer Groups (26:55) Dancing to work (28:44) Learning leadership (33:19) Risk vs uncertainty (42:19) Be fearful when others are greedy — Links: • Runnin’ Down a Dream- https://www.amazon.com/Runnin-Down-Dream-Thrive-Actually/dp/0593799666 — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC • I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out: beehiiv.com/mfm-challenge — 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 HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /
Clips
Transcript preview
First 90 secondsBill Gurley· Guest0:00
If you're crafting your own personal career and you're high agency, AI is like a jetpack. We've taught children, young adults how to grind. We've taught them to persevere for the sake of perseverance. And if you're stuck, you're stuck.
Sam Parr· Host0:13
In order to, like, do these exercises of finding your passion, do you sort of have to be, like, a ruthless asshole, you think?
Bill Gurley· Guest0:19
Unless you're trying to find that edge, somebody else may be.
Sam Parr· Host0:22
You have to understand the difference between risk and uncertainty.
Bill Gurley· Guest0:26
People most at threat by AI are the ones that aren't continuously learning, that are just doing the same thing they did ten years ago.
Sam Parr· Host0:33
How many times when you were doing it did you wanna quit?
Bill Gurley· Guest0:35
I don't ever remember wanting to quit.
Sam Parr· Host0:37
Really?
Bill Gurley· Guest0:37
Really.
Sam Parr· Host0:38
What did the voice say when it was like, "I found my calling"?
Speaker 2· Soundbite0:42
[singing] I feel like I could rule the world. I know I could be what I want to. Uh. I put my all in it, like no days off. On the road less traveled- I wanna talk about the book because there was this-- there's a bunch of crazy stats in the book.
Sam Parr· Host0:55
I wanna talk about the Nobel laureate thing. That was interesting. But the craziest-- like, one of the craziest things early in the book, I think y- did you run this survey? And it said that, like, six or seven out of ten people hate their job.
Bill Gurley· Guest1:06
Yeah. So I had a co-writer, co-researcher on the book, and we spent a ton of time together on Zoom calls, and someone encouraged us to dive into a bunch of academic literature. We came across this Gallup poll that said fifty-three percent of people aren't engaged at work. And so we had this idea to ask, like, a thousand people, "If you could start your career over again,