Founders10 Mar 2019

#63 The King of Oil: The Secret Lives of Marc Rich

What I learned by from reading The King of Oil: The Secret Lives of Marc Rich by Daniel Ammann. ---- The spot market for oil was one of the most lucrative ideas of the twentieth century. [0:01] the historical events intertwined with the career of Marc Rich [5:15] how his family escapes the Nazi's [12:00] his first jobs + learning from his father + finding his vocation [14:30] learning the commodities business from A to Z [20:00] his work environment was training for entrepreneurship + how he thought about the opportunity in oil [30:30] Marc gets screwed on pay so he starts his own company [35:00] why Marc chose Switzerland as the headquarters of Marc Rich + Co. [37:00] why the invention of the spot market was important [43:00] why Marc Rich thought he was exempt from Jimmy Carter's executive order [46:15] the state of his business in 1990 [1:01:00] how to lose $172,000,000 [1:14:00] ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

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Episoder(445)

#420 The Lost Years of Steve Jobs

What I learned from reading Steve Jobs in Exile: The Untold Story of NeXT and the Remaking of an American Visionary by Geoffrey Cain. Made possible by: Ramp: https://ramp.com Axon by Applov...

4 Jun 53min

#419 Kelly Johnson: Skunk Works

Kelly Johnson’s “14 Points” read like a SpaceX operations manual — 60 years before SpaceX was founded. Kelly Johnson created Skunk Works, which he defined as: “A concentration of a few good people s...

16 Mai 49min

#418 Phil Knight: Founder of Nike

What I learned from rereading Shoe Dog: A Memoir by the Creator of Nike for the 3rd or 4th time. Made possible by: Ramp:⁠ https://ramp.com⁠ Axon by Applovin: ⁠https://axon.ai/founders⁠ V...

7 Mai 1h 3min

#417 Arnold Schwarzenegger

What I learned from reading Arnold: The Education of a Bodybuilder by Arnold Schwarzenegger. Made possible by: Ramp: https://ramp.com Axon by Applovin: https://axon.ai/founders Vanta: ht...

19 Apr 43min

#416 The Relentless Missionary Creating AGI: Demis Hassabis

This episode is about a once-in-a-generation mind working on what may be the most important problem in history. Based on the new book The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for ...

1 Apr 54min

#415 How Elon Thinks

My friend Eric Jorgenson spent years—and thousands of hours—studying Elon Musk. Eric read everything Elon has written, read everything written about Elon, and watched every interview Elon's given. He ...

24 Mar 51min

#414 How SpaceX Works

SpaceX is one of the most dominant companies on the planet and their performance gap just keeps getting bigger. In 2025, SpaceX launched more mass to orbit than every other provider on Earth combined....

8 Mar 41min

#413 How To Run Down A Dream

Running Down A Dream: How to Succeed and Thrive in a Career You Love by Bill Gurley has been one of the most valuable talks I've heard. For years I have been using ideas from that talk to build this p...

3 Mar 31min