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Tim Ferriss2024 New Year’s Resolutions, AI Upheavel, & Much More! | The Random Show (4K)
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CHAPTERS
- 0:15 – 11:08
Lalo Tequila and How Tim Came to Invest
The two catch up in Austin and Tim explains how he discovered Lalo tequila at a restaurant and later got the chance to invest. Kevin asks how to turn a product you love into an investment, and Tim describes a few that got away.
- •Tim describes Lalo as additive-free, blanco-only, and matured in the plant rather than in barrels
- •A CPG-savvy friend later asked Tim whether he'd look at investing in Lalo
- •Tim says he sometimes scans his credit card statement for products worth investing in
- •1Password is one that got away; Tim says he didn't push hard enough
- •If he doesn't invest, he tries to help by mentioning products in his newsletter or on the podcast
- 11:08 – 14:19
Startup Advisor Equity: Structure and Philosophy
Tim and Kevin discuss how advisor equity works, including small percentages, vesting, and cancellation. Kevin explains how he keeps advisor deals simple and uses examples from Moonbirds.
- •Tim notes much of his lifetime startup earnings came from advising, often around a quarter point vesting over about two years
- •Kevin sets aside about 1% of a company's option pool and splits it among roughly 10 advisor roles
- •Advisor deals can be cancelled at any time, so there is no need for heavy deliverables
- •Kevin says keeping deals simple matters especially with celebrities, citing Ginóbili and Jimmy Fallon
- •Tim says to make it an easy yes because time kills deals
- 14:19 – 15:54
New Year's Resolutions and Kevin's Three-Month No-Drinking Goal
Tim and Kevin compare their resolution hit rates and say they aim for fewer, simpler goals this year. Kevin shares his list: three months without alcohol, daily meditation, organizing his notes, and relaunching his podcast.
- •Both estimate about a 50% hit rate on past resolutions
- •Kevin's therapist told him to go three months without drinking rather than one
- •Kevin plans to start after his February birthday party, which has a musician playing
- •He wants to organize his brain with an AI-enabled notes app, leaning toward Craft
- •He is relaunching his podcast as the Kevin Rose Show with a professional studio
- 15:54 – 20:10
Henry Shukman's New Meditation App, The Way
Kevin describes The Way, a meditation app from his Zen teacher Henry Shukman that offers a single path instead of many options. Tim says he invested in it and reflects on what he learned from advising Evernote.
- •The meditation app market is crowded, but The Way offers one path with no choose-your-own-adventure
- •Kevin says Shukman is one of only about three fully accredited Zen masters in his lineage in the US
- •The app is in beta and there is a signup at thewayapp.com
- •Tim says it's his first meditation app investment
- •Tim says advising Evernote gave him a lifeline to the CEO and taught him about product and scaling
- 20:10 – 23:47
Second-Brain Note Apps and AI Podcast Ideas
Kevin walks through AI-enabled note-taking apps he is considering and the idea of querying all your notes. They then discuss AI trained on a creator's content, including a mid-podcast 'Tim AI' idea.
- •Notion, Craft, Obsidian, Capacities and Evernote are on Kevin's list
- •Kevin is leaning toward Craft and says Evernote has improved
- •Tim says WordPress.com's AI feature has been trained on about 700 transcripts of his show
- •Kevin imagines a podcast app where you pause and ask an AI trained on the host's voice
- •Tim says he's not uneasy about the content but has questions about liability
- 23:47 – 35:56
Privacy Risks, iCloud Hacks, and AI Liability
Tim asks where people will trade privacy for convenience. Kevin answers photo access and note apps, and tells a story of a friend's iCloud account being compromised through a call-forwarding trick, then gives lockdown tips.
- •Kevin names photo access and note-taking apps as the main privacy risks
- •He recounts a friend's account takeover via call forwarding and an audio security code request
- •His tip: use Google Fi with a fresh secret Gmail as a backup number, plus hardware keys
- •Kevin uses WhatsApp with disappearing messages because private jokes could look bad out of context
- •Tim raises indemnity worries and career plaintiffs exploiting AI models
- 35:56 – 41:46
Tim's Resolutions: Minimalist Delegation and Surrender
Tim shares his first resolution: delegate the why and who but not the how. He cites the idea of accepting 10% foot faults for speed, and Kevin recommends Michael Singer's The Surrender Experiment.
- •Tim tends to over-prescribe details and wants to say less and be available for questions
- •Kevin notes that over-prescribing keeps people from building their own muscle
- •Tim recalls Reid Hoffman's willingness to accept 10% foot faults in the service of speed
- •Kevin describes Michael Singer's book as about letting go, and mentions a video course
- •Tim ties letting go to his next resolution
- 41:46 – 54:20
Quick Creative Collaborations and a New Book Project
Tim explains how experiments with collaborators changed his belief that he works best alone. He is now co-writing his first book in years and interested in screenplays and animation.
- •He had a narrative of being a difficult solo operator but a 360 review didn't support it
- •Creative sprints with D&D and Magic: The Gathering artists were a highlight
- •He is writing a nonfiction book about finding the essential and ignoring the trivial, with a collaborator
- •He works well with collaborators who hold high quality standards
- •He wants to try screenplays, TV and animation, possibly in a locked-room sprint
- 54:20 – 59:02
Physical Reboot, Biomarkers, and Kevin's Blood Pressure Gadgets
Tim describes his planned winter training and the biomarkers and medications he manages, including hereditary uric acid and sterol absorption issues. Kevin then discusses his elevated blood pressure and the devices and habits he uses.
- •Tim plans ski touring and outdoor training and says his biomarkers are the best in a decade
- •He takes Uloric for uric acid and Nexlizet because he is a sterol hyperabsorber
- •He recommends returning to fundamentals and setting a bar you're sure to clear
- •Kevin uses a RESPeRATE breathing device and the Aktiia wrist monitor
- •Kevin says drinking water with salty meals helps his blood pressure
- 59:02 – 1:12:35
Month Off Caffeine, Alcohol, Sugar and Supplements
Tim describes taking a month off caffeine, alcohol, sweetness and supplements after a South America trip, and what he learned about his baseline. He explains why he went back to coffee and Kevin shares his own six-month break, and they commit to no caffeine in January.
- •Tim says his sleep problems vanished and he realized he wasn't tired, just not stimulated
- •He says coffee had become a security blanket when life feels unpredictable
- •Afternoon caffeine disrupts his sleep architecture and gives him dark circles
- •Kevin recalls that after six months off coffee, one cup felt like a huge high
- •Both agree to try a no-caffeine January
- 1:12:35 – 1:21:19
Cacao, Tobacco, and the Value of Resetting a Baseline
Kevin asks about cacao ceremonies, and Tim discusses theobromine and the psychedelic potential of high-dose tobacco. Kevin shares a tobacco-infused cocktail story, and Tim extends the baseline idea to other dependencies and mentions Radical Acceptance and the origin of 'TimTim'.
- •Cacao contains theobromine, which Tim says behaves differently from caffeine
- •Tim warns that high-dose tobacco can be psychedelic and potentially lethal
- •Kevin describes a tobacco-infused bourbon cocktail that left him very high
- •Tim says it's valuable to rediscover your baseline by going without something you feel you can't live without
- •He explains the TimTim nickname from a China tea trip and how Daria prompted him to read Radical Acceptance
- 1:21:19 – 1:54:44
Kevin's Ketamine Therapy and the Aftermath of Moonbirds
Kevin explains how the stress and anxiety from the Moonbirds NFT project led him to ketamine therapy at an LA clinic. He describes the experience and the lightness that followed, and Tim shares his own experience and safety cautions.
- •Moonbirds traded over a billion dollars in a year, and the emotional toll brought anxiety, sleepless nights and medication
- •A Huberman episode led Kevin to a clinic where he did eight supervised sessions
- •Kevin describes it as like having a 35-pound weight lifted off his chest
- •Tim recounts friends helped by ketamine and says it should be clinician-supervised, not at home
- •Tim advises asking providers about adverse events they've seen, and treating the choice like picking a brain surgeon
- 1:54:44 – 2:07:09
Kevin's Robot Tattoo and Tim's Thoughts on Getting One
Kevin explains why he's in Austin: a machine from Black Dot will tattoo a pixelating sparrow designed by Tyler Hobbs. Tim says he has no tattoos but has considered paw prints for his dog Molly, which leads to a conversation about dogs.
- •Tyler Hobbs applied an algorithm to a sparrow drawing so it degrades into a pixelated form
- •The robot uses fine needles and a grid template for high-fidelity tattoos
- •Kevin imagines artists offering algorithmic tattoos unique to each person
- •Tim has thought for years about Molly's paw prints on his forearm
- •Tim talks about what Molly has taught him and plans to get a second dog
- 2:07:09 – 2:19:49
Advice to Past Selves: Relationships and Friendships
Kevin asks what Tim would change about his intimate relationships and friendships. Tim covers needs in relationships, repair over prevention, and spending time with his closest friends first, then talks with Kevin about love and gratitude.
- •Tim says different needs don't make someone high-maintenance and recommends The Five Love Languages and Conscious Loving
- •He says repair matters more than prevention and values a shared shorthand
- •He mentions MDMA-assisted psychotherapy for couples with legal and safety caveats
- •Tim says humans have finite capacity for deep relationships and recommends prioritizing the closest friends
- •Kevin says to tell people you love them, and they discuss psychedelics as a nonspecific amplifier that often brings gratitude
- 2:19:49 – 2:32:59
Tim's Ayahuasca Experience, Back Pain Release, and Pilates Ball Tip
Tim tells the cliffhanger story about a year of severe lower back trouble and a difficult ayahuasca session in South America where he let himself feel suppressed heartbreak. He says his back released and he has been mostly pain-free since, then recommends Sarno's book and a Pilates ball.
- •Tim describes a congenital transitional segment and a year of back problems
- •The ayahuasca session was very difficult, and he realized he hadn't let himself feel the heartbreak from a separation
- •He says his back released and he's been over 90% pain-free since, though confounders like fasting exist
- •He notes flaws in Sarno's book but thinks it's worth reading
- •He suggests ayahuasca should be fairly far down a list of options, and recommends a Pilates ball for lumbar support
- 2:32:59 – 2:40:34
Gratitude for Each Other and Parting Thoughts
Kevin gives wrap-up comments of gratitude and Tim responds, reflecting on his friend Roland Griffiths' death. They toast the new year, and Kevin quotes Ram Dass about walking each other home.
- •Kevin says vulnerability matters because we don't know what tomorrow brings, and tells Tim he loves him
- •Tim says the friendship has been a lifeline and he keeps Kevin's family card in his kitchen
- •Tim says Roland Griffiths faced death with joy and curiosity, and that people shouldn't wait to say what they mean
- •Kevin quotes Ram Dass: we're all just walking each other home
- •Tim closes with 'CTFO' and a plug for tim.blog/podcast, while Kevin plugs kevinrose.com
