1 00:00:04,800 --> 00:00:12,560 Speaker 1: Hi everyone, I'm Kitty Kuric and this is Next Questions Question. 2 00:00:13,039 --> 00:00:16,079 Speaker 1: Hi everyone, this is a special episode of Next Question. 3 00:00:16,200 --> 00:00:19,320 Speaker 1: I'm coming to you from my hometown of Arlington, Virginia. 4 00:00:19,840 --> 00:00:23,439 Speaker 1: My guests are the founders of Axios, Jim Vanda High 5 00:00:23,640 --> 00:00:27,159 Speaker 1: and Mike Allen. The occasion is Jim's new book, Just 6 00:00:27,240 --> 00:00:30,960 Speaker 1: the Good Stuff, No Bs, Secrets to Success no matter 7 00:00:31,000 --> 00:00:33,920 Speaker 1: what life throws at you. It is filled with hard 8 00:00:34,040 --> 00:00:37,280 Speaker 1: earned advice about life in and out of the workplace. 9 00:00:37,760 --> 00:00:42,000 Speaker 1: Jim and micro journalists and people of enormous character. It's 10 00:00:42,080 --> 00:00:45,440 Speaker 1: part of what's driven their success. First in founding Politico 11 00:00:45,800 --> 00:00:49,080 Speaker 1: and then Axios, I often turned to Jim and Mike 12 00:00:49,159 --> 00:00:52,000 Speaker 1: to understand some of the big, thorny issues we're grappling 13 00:00:52,040 --> 00:00:56,000 Speaker 1: with these days. This conversation ran the gamut the future 14 00:00:56,040 --> 00:00:59,640 Speaker 1: of media, the twenty twenty four election, AI, and the 15 00:00:59,720 --> 00:01:03,240 Speaker 1: try else and tribulations of starting a company. I thought 16 00:01:03,280 --> 00:01:06,360 Speaker 1: it was so interesting and important, and I had such 17 00:01:06,400 --> 00:01:09,080 Speaker 1: a good time talking to these two. I hope you 18 00:01:09,200 --> 00:01:12,679 Speaker 1: enjoyed as well. So here's my conversation with Jim and Mike. 19 00:01:15,400 --> 00:01:19,600 Speaker 1: First of all, I'm here in Axios headquarters in Clarendon, Virginia, 20 00:01:19,640 --> 00:01:23,920 Speaker 1: in my hometown of Northern Virginia. So I'm happy to 21 00:01:24,040 --> 00:01:27,560 Speaker 1: be talking to Jim Vanda Hi and Mike Allen, two 22 00:01:27,720 --> 00:01:30,920 Speaker 1: people I admire greatly. We're talking about Jim's book, but 23 00:01:31,400 --> 00:01:34,080 Speaker 1: I thought we first start by talking about you two, 24 00:01:34,560 --> 00:01:36,560 Speaker 1: oh boy, and your bromance. 25 00:01:36,880 --> 00:01:37,480 Speaker 2: Are bromance? 26 00:01:37,520 --> 00:01:40,080 Speaker 1: How did it begin? Fellas? I mean, you guys have 27 00:01:40,240 --> 00:01:42,520 Speaker 1: known each other for a long time. Did he have 28 00:01:42,640 --> 00:01:43,720 Speaker 1: you at hello? Jim? 29 00:01:44,600 --> 00:01:47,480 Speaker 2: He had me at first speed. So we were on 30 00:01:47,520 --> 00:01:50,080 Speaker 2: the Lido deck, So you're a call. So back in 31 00:01:50,160 --> 00:01:53,760 Speaker 2: the back, in the or in the two thousands, there 32 00:01:53,840 --> 00:01:56,320 Speaker 2: was all those trade protests whenever we would travel with 33 00:01:56,360 --> 00:01:58,920 Speaker 2: the president, right and there was one in Genoa, Italy, 34 00:01:59,360 --> 00:02:01,400 Speaker 2: and they had to lock down the city and they 35 00:02:01,400 --> 00:02:04,360 Speaker 2: had no where to put reporters, and so they brought 36 00:02:04,360 --> 00:02:07,600 Speaker 2: in this creaky, clunky old cruise ship that they put 37 00:02:07,680 --> 00:02:09,880 Speaker 2: us in on. And it was about four o'clock in 38 00:02:09,919 --> 00:02:11,320 Speaker 2: the morning, and I had to write. I was working 39 00:02:11,320 --> 00:02:12,480 Speaker 2: for the journal, so I had to write for the 40 00:02:12,520 --> 00:02:15,320 Speaker 2: Asian Wall Street Journal europe Wall Street Journal. And Mike 41 00:02:15,440 --> 00:02:17,639 Speaker 2: was down there, had already filed and I walked by 42 00:02:17,720 --> 00:02:19,880 Speaker 2: him and he had a bunch of beers laid out, 43 00:02:19,880 --> 00:02:21,280 Speaker 2: and he looked at me and he said, for speed, 44 00:02:21,720 --> 00:02:24,680 Speaker 2: to see who could slam a beer faster like any 45 00:02:24,680 --> 00:02:27,760 Speaker 2: good Wisconsin boy. I said yes, and then lost, unfortunately. 46 00:02:29,280 --> 00:02:31,240 Speaker 1: And do you remember it that way too, Mike? 47 00:02:31,440 --> 00:02:33,239 Speaker 3: I remember winning absolutely. 48 00:02:34,560 --> 00:02:37,760 Speaker 1: How did this great partnership begin? I mean, you both 49 00:02:37,800 --> 00:02:41,360 Speaker 1: are superb journalists. I've seen your bylines for years and 50 00:02:41,960 --> 00:02:44,680 Speaker 1: always admired your work. How did you two get together 51 00:02:44,720 --> 00:02:46,680 Speaker 1: and say let's put on a show? 52 00:02:47,040 --> 00:02:49,480 Speaker 2: You know it? Like you We were journalists, right, We 53 00:02:49,520 --> 00:02:52,639 Speaker 2: didn't think we're going to become entrepreneurs. And we had 54 00:02:52,639 --> 00:02:55,519 Speaker 2: this idea to start political when I was at the 55 00:02:55,560 --> 00:02:57,120 Speaker 2: Washington Post. He had been at the Post, but one 56 00:02:57,160 --> 00:03:00,320 Speaker 2: to Time magazine. Once we had this idea like, hey, 57 00:03:00,360 --> 00:03:02,240 Speaker 2: we could take on the Post if we had the 58 00:03:02,240 --> 00:03:05,480 Speaker 2: best and brightest reporters like Mike's at the top of 59 00:03:05,520 --> 00:03:07,760 Speaker 2: that list, and so he was very much part of 60 00:03:07,760 --> 00:03:11,679 Speaker 2: those conversations. The more we thought about starting Politico back 61 00:03:11,680 --> 00:03:15,040 Speaker 2: in six o seven, the more magical it felt, and 62 00:03:15,400 --> 00:03:16,960 Speaker 2: it kind of took on a life of its own. 63 00:03:17,000 --> 00:03:19,640 Speaker 2: And Mike was the first hire, and it was kind 64 00:03:19,639 --> 00:03:21,720 Speaker 2: of off to the races from there, and we weren't 65 00:03:21,840 --> 00:03:23,800 Speaker 2: we were friendly. I don't know that we were like 66 00:03:23,960 --> 00:03:27,160 Speaker 2: obviously we're like talk a thousand times a day now, 67 00:03:27,240 --> 00:03:29,360 Speaker 2: but back then, like it was sort of a building 68 00:03:29,480 --> 00:03:32,440 Speaker 2: a friendship. And then once you go through starting a company. 69 00:03:33,000 --> 00:03:35,400 Speaker 2: Particularly what people don't remember back when we started political 70 00:03:35,480 --> 00:03:37,640 Speaker 2: everyone wanted us to fail. Part of it was that 71 00:03:37,680 --> 00:03:40,560 Speaker 2: there's probably too much too wanted us to yes and like, 72 00:03:40,760 --> 00:03:44,040 Speaker 2: and so you really bonded over like everyone's rooting for 73 00:03:44,080 --> 00:03:46,560 Speaker 2: your failure. You're trying to take on the post. I 74 00:03:46,600 --> 00:03:49,440 Speaker 2: was probably popping off too much publicly, making other people 75 00:03:49,520 --> 00:03:53,000 Speaker 2: even root louder for our demise, and you just you 76 00:03:53,120 --> 00:03:55,040 Speaker 2: bond in a way that it's hard to explain to 77 00:03:55,040 --> 00:03:57,520 Speaker 2: someone who hasn't started up a company, because it's almost like, 78 00:03:57,920 --> 00:03:59,760 Speaker 2: you know, it's like you're in this fox hole together 79 00:04:00,040 --> 00:04:03,400 Speaker 2: and like you just you see things about people's character 80 00:04:03,960 --> 00:04:06,040 Speaker 2: that you went otherwise see and you really get to 81 00:04:06,080 --> 00:04:07,040 Speaker 2: know who's the real deal. 82 00:04:07,440 --> 00:04:11,240 Speaker 1: Did you realize at the time that the media landscape 83 00:04:11,280 --> 00:04:14,520 Speaker 1: was ripe for disruption? I mean this, you actually were 84 00:04:14,600 --> 00:04:19,080 Speaker 1: very prescient because it was before iPhones became ubiquitous and 85 00:04:19,160 --> 00:04:23,400 Speaker 1: people were they were replacing people's TV screens and in 86 00:04:23,440 --> 00:04:28,560 Speaker 1: many ways newspapers and people were getting information digitally. Magazines 87 00:04:28,600 --> 00:04:32,160 Speaker 1: were folding, YadA, YadA, YadA. I mean did you think 88 00:04:32,200 --> 00:04:34,440 Speaker 1: about that as you started Politico. 89 00:04:34,960 --> 00:04:38,719 Speaker 3: Yeah, and that's something that has totally changed. So now 90 00:04:38,839 --> 00:04:44,400 Speaker 3: everybody realizes the world is changing. Then this has changed, right, right, 91 00:04:44,680 --> 00:04:46,920 Speaker 3: And this was two thousand and six, two thousand and 92 00:04:46,960 --> 00:04:51,200 Speaker 3: seven that the world was changing, and the big media 93 00:04:51,240 --> 00:04:54,320 Speaker 3: companies had no idea. They were being warned and told, 94 00:04:54,520 --> 00:04:57,719 Speaker 3: and you were inside them, like you're almost famous, grated 95 00:04:57,839 --> 00:05:00,080 Speaker 3: people ever to be on TV. You were at the 96 00:05:00,120 --> 00:05:05,680 Speaker 3: big three networks, the very definition of legacy media. Jim, 97 00:05:06,080 --> 00:05:08,200 Speaker 3: I've been at the Wall Street Journal, than Washington Post. 98 00:05:08,600 --> 00:05:11,880 Speaker 3: I've been at the Washington Post and then Time Magazine, 99 00:05:12,040 --> 00:05:16,760 Speaker 3: so the most traditional of paths. But we could see 100 00:05:17,400 --> 00:05:20,720 Speaker 3: that the world was about to change, how people consume, 101 00:05:20,760 --> 00:05:24,200 Speaker 3: how people deliver news. And here's the learning for your listeners. 102 00:05:24,200 --> 00:05:26,680 Speaker 3: And I love that you've become a fellow builder, a 103 00:05:26,720 --> 00:05:30,440 Speaker 3: fellow entrepreneur, a very successful one, by the way. Was 104 00:05:30,520 --> 00:05:34,480 Speaker 3: the tools were there, the Internet had been invented, and 105 00:05:34,560 --> 00:05:37,600 Speaker 3: yet at the networks where you worked at the Washington 106 00:05:37,600 --> 00:05:41,560 Speaker 3: Post and Time Magazine, everybody covered the news as if 107 00:05:41,560 --> 00:05:44,160 Speaker 3: it were coming on at seven am or six point 108 00:05:44,120 --> 00:05:47,120 Speaker 3: thirty pm or the paper was gonna be in your driveway. 109 00:05:47,640 --> 00:05:51,520 Speaker 3: And so there was a huge opening for Politico to 110 00:05:51,600 --> 00:05:55,440 Speaker 3: come in with more expertise, more speed, more voice, more passion. 111 00:05:55,760 --> 00:05:59,640 Speaker 3: There was an underserved audience and we barreled it. 112 00:06:00,000 --> 00:06:02,160 Speaker 1: You know, Gosh, there's so many things I want to 113 00:06:02,200 --> 00:06:04,839 Speaker 1: talk to you all about. But one thing that comes 114 00:06:04,920 --> 00:06:08,719 Speaker 1: up when you make those comments, Mike, is legacy media 115 00:06:09,040 --> 00:06:11,880 Speaker 1: took so long to wake up and smell the coffee 116 00:06:12,240 --> 00:06:15,880 Speaker 1: and to see that we were undergoing a major transformation 117 00:06:16,680 --> 00:06:19,000 Speaker 1: in media. And I'm curious. I have a lot of 118 00:06:19,040 --> 00:06:23,279 Speaker 1: theories about why. I'm curious what your theories are. Why 119 00:06:23,320 --> 00:06:24,239 Speaker 1: were they so slow? 120 00:06:24,800 --> 00:06:27,680 Speaker 2: I don't think it's just media. I think big institutions 121 00:06:27,839 --> 00:06:31,880 Speaker 2: become complacent. You delude yourself into thinking you need to 122 00:06:31,920 --> 00:06:34,520 Speaker 2: protect the place where you're currently getting the most money, 123 00:06:34,680 --> 00:06:35,440 Speaker 2: right you used to have. 124 00:06:35,520 --> 00:06:37,520 Speaker 1: They didn't want to cannibalize what they were doing. 125 00:06:37,600 --> 00:06:40,160 Speaker 2: Circuit City, Blockbuster, right, There's like a lot of stories 126 00:06:40,160 --> 00:06:43,039 Speaker 2: of companies that could have had made the Kodak, could 127 00:06:43,040 --> 00:06:45,800 Speaker 2: have made the Pivot, saw the pivot coming, didn't make it. 128 00:06:45,880 --> 00:06:49,640 Speaker 2: And it's just hard to take a big institution with 129 00:06:49,760 --> 00:06:50,640 Speaker 2: thousands of people. 130 00:06:50,760 --> 00:06:52,720 Speaker 1: It's like turning around a cruise ship, isn't it. 131 00:06:52,720 --> 00:06:55,640 Speaker 2: Jim, Yes, And it's like in people are just it 132 00:06:55,680 --> 00:06:59,520 Speaker 2: wasn't built that way. It was built for size and durability. 133 00:06:59,560 --> 00:07:03,560 Speaker 2: It wasn't built for agility. And that's the identity and predictability. 134 00:07:03,680 --> 00:07:07,760 Speaker 2: And so we had such an advantage jumping in and saying, 135 00:07:07,800 --> 00:07:09,080 Speaker 2: you know what, we're just going to listen to what 136 00:07:09,120 --> 00:07:11,280 Speaker 2: the consumer is saying. Now, we're going to adapt to it. 137 00:07:11,440 --> 00:07:14,160 Speaker 2: We'll keep changing as long as if the consumer is changing, 138 00:07:14,480 --> 00:07:16,920 Speaker 2: and we'll stop. We didn't have a legacies, we didn't 139 00:07:16,960 --> 00:07:19,320 Speaker 2: have to like stop doing bad things. We could just 140 00:07:19,360 --> 00:07:22,120 Speaker 2: do good things and do things that we know drive value. 141 00:07:22,320 --> 00:07:25,600 Speaker 2: And I think that's that transcends media. I think it's 142 00:07:25,600 --> 00:07:28,160 Speaker 2: all you always. I think it's hard for people to realize. 143 00:07:28,320 --> 00:07:30,280 Speaker 2: One of the reasons that people have so much anxiety 144 00:07:30,360 --> 00:07:33,400 Speaker 2: is that starting in seven, once you have the phone 145 00:07:33,520 --> 00:07:37,320 Speaker 2: and once the internet has connectivity to enough people, basically 146 00:07:37,360 --> 00:07:39,480 Speaker 2: the world started changing at a pace that our brains 147 00:07:39,520 --> 00:07:41,960 Speaker 2: can't keep up with, and I think that causes a 148 00:07:42,040 --> 00:07:46,200 Speaker 2: natural anxiety. It also changes business cycles and budgeting, meaning 149 00:07:46,280 --> 00:07:50,360 Speaker 2: like every business changes in a month what it might 150 00:07:50,400 --> 00:07:53,240 Speaker 2: have changed in years, and so it just requires this 151 00:07:53,360 --> 00:07:56,120 Speaker 2: a level of adaptability and agility that if you don't have, 152 00:07:56,440 --> 00:07:59,280 Speaker 2: you're ultimately going to get left behind. And that's why 153 00:07:59,480 --> 00:08:03,160 Speaker 2: you're probably having more fun with a startup company doing 154 00:08:03,280 --> 00:08:05,600 Speaker 2: what you want to do as you're watching it explode 155 00:08:05,880 --> 00:08:07,760 Speaker 2: as you would have at the heyday of like being 156 00:08:07,760 --> 00:08:10,920 Speaker 2: the most powerful anchor in the history of television. It's 157 00:08:10,920 --> 00:08:13,720 Speaker 2: just they're two different things, built for different eras. 158 00:08:14,120 --> 00:08:16,200 Speaker 1: Even in twenty eleven, you guys, when I did a 159 00:08:16,280 --> 00:08:18,640 Speaker 1: syndicated talk show, I felt like I was riding on 160 00:08:18,680 --> 00:08:21,480 Speaker 1: the back of a dinosaur. I mean, you could sense 161 00:08:21,600 --> 00:08:24,920 Speaker 1: that the world was changing, and yet you were clinging 162 00:08:25,400 --> 00:08:29,080 Speaker 1: to this old way of doing things. And for somebody 163 00:08:29,120 --> 00:08:31,880 Speaker 1: who wants to be an early adapter and wants to 164 00:08:31,880 --> 00:08:34,360 Speaker 1: be where the puck is going, it was very frustrating 165 00:08:34,400 --> 00:08:34,640 Speaker 1: for me. 166 00:08:35,080 --> 00:08:39,400 Speaker 3: Well, the key thing is what Jim said about knowing 167 00:08:39,400 --> 00:08:42,520 Speaker 3: what the consumer is going and what the consumer wants. 168 00:08:42,520 --> 00:08:46,120 Speaker 3: So the first two words of the Axios Manifesto are 169 00:08:46,200 --> 00:08:50,120 Speaker 3: mission statement, audience first. And when we started we were 170 00:08:50,200 --> 00:08:53,680 Speaker 3: reader first, and then we got video and podcast and events. 171 00:08:53,760 --> 00:08:56,400 Speaker 3: So now we're audience first. But a media company had 172 00:08:56,400 --> 00:09:00,240 Speaker 3: never been designed that way. Media companies had always been 173 00:09:00,559 --> 00:09:03,360 Speaker 3: designed for the ego of journalists like you and me 174 00:09:03,440 --> 00:09:08,880 Speaker 3: who want airtime, or who want calm feet thousands of 175 00:09:08,920 --> 00:09:13,640 Speaker 3: words on the page, or it was designed for the 176 00:09:13,640 --> 00:09:16,000 Speaker 3: needs of the business side, the publisher. Oh, we're going 177 00:09:16,080 --> 00:09:19,720 Speaker 3: to make you spend time on site even though you 178 00:09:19,760 --> 00:09:22,280 Speaker 3: have no time, right like, I'm going to clutter up 179 00:09:22,280 --> 00:09:24,240 Speaker 3: your page with a bunch of videos that you're not 180 00:09:24,280 --> 00:09:24,720 Speaker 3: going to watch. 181 00:09:25,160 --> 00:09:27,320 Speaker 1: Can you click bait? And we're going to piss you off, 182 00:09:27,400 --> 00:09:29,600 Speaker 1: so you read what we're talking about, right. 183 00:09:29,760 --> 00:09:33,720 Speaker 3: Right, like all serving either the journals to the publisher. 184 00:09:33,720 --> 00:09:36,160 Speaker 3: We flipped that the bottom line, Yeah right, we flipped 185 00:09:36,440 --> 00:09:40,080 Speaker 3: but no, this is key for axious actuals. Flip that 186 00:09:40,240 --> 00:09:43,160 Speaker 3: actuallys by the way, it means worthy and Greek always 187 00:09:43,160 --> 00:09:45,440 Speaker 3: worthy of your time. We never waste your time, We 188 00:09:45,520 --> 00:09:48,680 Speaker 3: never insult your intelligence. We took that and we flipped 189 00:09:48,679 --> 00:09:51,120 Speaker 3: it and we said, okay, if we were a consumer, 190 00:09:51,200 --> 00:09:54,040 Speaker 3: what would we want? What do we want as readers? 191 00:09:54,559 --> 00:09:57,559 Speaker 3: And that was the white bulb moment for smart brevity. 192 00:09:57,600 --> 00:10:00,800 Speaker 3: We realized that what you want is the big idea 193 00:10:01,200 --> 00:10:07,200 Speaker 3: said clearly on a very elegant, clear iPhone screen, well, 194 00:10:07,559 --> 00:10:09,600 Speaker 3: tell you what's new, why it matters, give you the 195 00:10:09,600 --> 00:10:14,200 Speaker 3: power to go deeper, and the audience loved it and 196 00:10:14,760 --> 00:10:17,520 Speaker 3: thanks to our co founder Ry Schwartz. It's also a 197 00:10:17,559 --> 00:10:18,839 Speaker 3: beautiful business. 198 00:10:18,760 --> 00:10:21,120 Speaker 1: Although it's not profitable. 199 00:10:21,200 --> 00:10:23,200 Speaker 2: Right, Well, it depends how I mean. 200 00:10:23,240 --> 00:10:25,160 Speaker 1: That's why I know that you have said that because 201 00:10:25,200 --> 00:10:31,120 Speaker 1: you're investing, so you are diversifying your portfolio and as 202 00:10:31,160 --> 00:10:34,439 Speaker 1: a result of that, you are putting money into exploring 203 00:10:34,559 --> 00:10:38,840 Speaker 1: other for sure avenues. So talk about that because I 204 00:10:38,840 --> 00:10:42,160 Speaker 1: think that's another thing that is really sometimes puts a 205 00:10:42,200 --> 00:10:45,160 Speaker 1: strain on a business, Like it's profitable when you're going 206 00:10:45,200 --> 00:10:47,440 Speaker 1: to give back to your investors and all that. 207 00:10:47,960 --> 00:10:50,080 Speaker 2: I mean, One, it depends on what your investment structure 208 00:10:50,200 --> 00:10:51,760 Speaker 2: is and kind of what you're trying to do. Right, 209 00:10:51,800 --> 00:10:54,520 Speaker 2: you could run a very nice boutique media company have 210 00:10:55,120 --> 00:10:58,400 Speaker 2: profitability and not do the things that come with scale. 211 00:10:58,800 --> 00:11:01,160 Speaker 2: Like for us, there's an ambition to it, right Like 212 00:11:01,200 --> 00:11:04,320 Speaker 2: we were animated by this idea that if you get 213 00:11:04,320 --> 00:11:06,520 Speaker 2: more good information in the hands of more people, they're 214 00:11:06,520 --> 00:11:08,640 Speaker 2: going to make better decisions in the country benefits, Like 215 00:11:08,679 --> 00:11:10,319 Speaker 2: it really is what animates. 216 00:11:09,960 --> 00:11:13,240 Speaker 1: Us, and I feel like it. Journalism is a public service. 217 00:11:13,800 --> 00:11:17,720 Speaker 2: Public service, professional service. I got to understand how people 218 00:11:17,800 --> 00:11:21,080 Speaker 2: can operate in this world when everything's changing so fast 219 00:11:21,120 --> 00:11:23,880 Speaker 2: if they're not better educated on what's real and what's 220 00:11:23,920 --> 00:11:28,160 Speaker 2: not real in AI and Information China, all of that, 221 00:11:28,640 --> 00:11:30,920 Speaker 2: and so that very much is what animates us. So 222 00:11:30,960 --> 00:11:32,800 Speaker 2: then when we think about that, one, you want to 223 00:11:32,840 --> 00:11:36,800 Speaker 2: invest in things that it's fine to be in deficit, 224 00:11:36,920 --> 00:11:39,120 Speaker 2: if you're investing in things that you're highly confident are 225 00:11:39,160 --> 00:11:41,720 Speaker 2: going to be very profitable over time and give you 226 00:11:42,000 --> 00:11:44,800 Speaker 2: different revenue streams. And then for us, a big part 227 00:11:44,800 --> 00:11:47,959 Speaker 2: of our investment is local, which is a real experiment, 228 00:11:48,080 --> 00:11:50,720 Speaker 2: maybe probably the hardest thing we've ever taken on, so 229 00:11:50,840 --> 00:11:51,959 Speaker 2: critically critical. 230 00:11:52,320 --> 00:11:55,040 Speaker 1: That people are engaged in local news, they're more likely 231 00:11:55,160 --> 00:11:58,920 Speaker 1: to vote, they're more likely be interested in national elections. 232 00:11:59,120 --> 00:12:01,400 Speaker 1: And I think twenty four or one hundred newspapers have 233 00:12:01,600 --> 00:12:04,320 Speaker 1: folded since two thousand and four. I mean it's a 234 00:12:04,360 --> 00:12:06,199 Speaker 1: crisis really in a democracy. 235 00:12:06,400 --> 00:12:08,080 Speaker 2: Yeah, I mean we tell our staff all the time, 236 00:12:08,120 --> 00:12:10,920 Speaker 2: if we can earn thirty cities, is if we can 237 00:12:11,600 --> 00:12:13,679 Speaker 2: get local right, where we could get to one hundred 238 00:12:13,800 --> 00:12:17,080 Speaker 2: or plus cities where it's profitable in every city, that 239 00:12:17,120 --> 00:12:21,400 Speaker 2: will be a bigger achievement than doing Axios and Politico combined, 240 00:12:21,440 --> 00:12:23,960 Speaker 2: because it's that hard. Nobody in the digital era has 241 00:12:24,600 --> 00:12:29,080 Speaker 2: shown any success rate in doing local at scale. You 242 00:12:29,120 --> 00:12:31,160 Speaker 2: have a couple of one off projects in a couple 243 00:12:31,160 --> 00:12:33,480 Speaker 2: of cities, and so like, that's a fun thing. But 244 00:12:33,520 --> 00:12:35,760 Speaker 2: we're not just doing it as a public service, even 245 00:12:35,760 --> 00:12:37,640 Speaker 2: though there's a public service dimension to it. We're doing 246 00:12:37,679 --> 00:12:39,280 Speaker 2: it because we actually think it'd be a really good 247 00:12:39,320 --> 00:12:42,880 Speaker 2: business that over time if we can get smart professionals 248 00:12:42,920 --> 00:12:46,560 Speaker 2: at local, high end niches and then national news to 249 00:12:46,600 --> 00:12:50,479 Speaker 2: be reading us. We know how to monetize that through events, 250 00:12:50,840 --> 00:12:54,240 Speaker 2: paid subscriptions, advertising, sort of the things you can do 251 00:12:54,320 --> 00:12:56,880 Speaker 2: to make money off of media. And so we feel 252 00:12:56,880 --> 00:12:59,200 Speaker 2: blessed like we're one of the companies that can continue 253 00:12:59,240 --> 00:13:01,920 Speaker 2: to invest in them at and as you know, like media, 254 00:13:02,559 --> 00:13:05,360 Speaker 2: it is hard. I get one of the hardest businesses 255 00:13:05,720 --> 00:13:09,720 Speaker 2: to do at any kind of size profitably. The flip 256 00:13:09,720 --> 00:13:12,439 Speaker 2: of that is we get to have more fun, you 257 00:13:12,559 --> 00:13:15,199 Speaker 2: get to get paid to be intellectually curious, and if 258 00:13:15,200 --> 00:13:17,560 Speaker 2: we nail it, we get to make people smarter so 259 00:13:17,640 --> 00:13:19,319 Speaker 2: they make better decisions and. 260 00:13:20,200 --> 00:13:21,880 Speaker 1: To make a ship ton of money. 261 00:13:21,960 --> 00:13:24,400 Speaker 2: Jim, well, if you see it right, if you're if 262 00:13:24,400 --> 00:13:25,640 Speaker 2: you're you're selling a. 263 00:13:25,520 --> 00:13:28,480 Speaker 1: Company, good for you, guys. But I mean it's worked 264 00:13:28,520 --> 00:13:31,120 Speaker 1: out very very well and for sure to delight. 265 00:13:31,040 --> 00:13:35,480 Speaker 3: The audience, which is a great twist that that in 266 00:13:35,600 --> 00:13:36,800 Speaker 3: all the years we've been. 267 00:13:37,080 --> 00:13:40,400 Speaker 1: I think your card should say Mike Gallon delighter of audiences. 268 00:13:40,600 --> 00:13:45,480 Speaker 3: I'm mean, as long as I'm delighting casey, uh, I'm good. 269 00:13:45,679 --> 00:13:49,360 Speaker 3: But we've had people since day one, people think us 270 00:13:49,720 --> 00:13:54,199 Speaker 3: for Axios and you know, uh, working in legacy media, 271 00:13:54,280 --> 00:13:56,640 Speaker 3: people rarely thank you for NBC. 272 00:13:57,040 --> 00:14:00,440 Speaker 1: Well, legacy media has I mean, it is such a 273 00:14:00,440 --> 00:14:06,000 Speaker 1: tough landscape now as we've seen this digital shift, and 274 00:14:06,440 --> 00:14:09,920 Speaker 1: I'm curious what you all think will happen to these 275 00:14:10,040 --> 00:14:14,160 Speaker 1: legacy media companies, say even five years from now, because 276 00:14:14,160 --> 00:14:20,400 Speaker 1: we've seen them now playing catch up, trying to really 277 00:14:20,600 --> 00:14:26,760 Speaker 1: basically put the analog product on a digital platform. But 278 00:14:26,840 --> 00:14:29,440 Speaker 1: that doesn't really work, does it. I mean, how do 279 00:14:29,480 --> 00:14:32,320 Speaker 1: you see things shaking out in the next five years? 280 00:14:32,360 --> 00:14:34,840 Speaker 1: Because I have young people saying to me, I want 281 00:14:34,880 --> 00:14:38,440 Speaker 1: to get into media, and I try to encourage them 282 00:14:38,480 --> 00:14:41,160 Speaker 1: because I feel like our jobs are critically important, and 283 00:14:41,240 --> 00:14:45,360 Speaker 1: yet I sometimes struggle in terms of giving them advice. 284 00:14:45,760 --> 00:14:48,160 Speaker 2: It's certainly getting harder to encourage someone to go into 285 00:14:48,160 --> 00:14:50,360 Speaker 2: media just because economics are hard. But what I tell 286 00:14:50,360 --> 00:14:53,520 Speaker 2: those people is like, listen, if you are smart, you're curious, 287 00:14:53,760 --> 00:14:56,560 Speaker 2: you want to help people get smarter on topics that matter. 288 00:14:56,800 --> 00:14:59,520 Speaker 2: There are jobs there, really are. It might be different. 289 00:14:59,520 --> 00:15:01,680 Speaker 2: You might not be working for a big TV company. 290 00:15:01,720 --> 00:15:04,360 Speaker 2: You might be working on TikTok or Instagram. You might 291 00:15:04,400 --> 00:15:07,240 Speaker 2: be working for a smaller, niche brand. You might be 292 00:15:07,280 --> 00:15:09,560 Speaker 2: working for an axios. Like we're not the size of 293 00:15:09,880 --> 00:15:12,520 Speaker 2: the New York Times, We're not the size of NBC, 294 00:15:13,400 --> 00:15:15,440 Speaker 2: and so I think there are opportunities. I think the 295 00:15:15,440 --> 00:15:19,440 Speaker 2: big institutions listen. I think there's some newspapers that are 296 00:15:19,480 --> 00:15:21,040 Speaker 2: household names that are going to be fine. The New 297 00:15:21,080 --> 00:15:22,760 Speaker 2: York Times has a wonderful business model. 298 00:15:22,760 --> 00:15:23,920 Speaker 1: Washing and Post is struggling. 299 00:15:24,160 --> 00:15:26,600 Speaker 2: Washing Post is struggling. But the journal I think is 300 00:15:26,600 --> 00:15:30,200 Speaker 2: doing okay and good. Bloomberg is fine, FT is good. 301 00:15:30,520 --> 00:15:32,720 Speaker 2: There's a decent number of papers that think will be fine. 302 00:15:32,920 --> 00:15:35,000 Speaker 2: TV is you know, it's a lot harder, Like the 303 00:15:35,360 --> 00:15:39,400 Speaker 2: consumer is just consuming content differently. The young people are 304 00:15:39,560 --> 00:15:43,200 Speaker 2: very they're basically habituated to getting it in smaller chunks 305 00:15:43,240 --> 00:15:46,040 Speaker 2: on social media, in a feed, in a voice that 306 00:15:46,120 --> 00:15:49,600 Speaker 2: matches their passions, their locations, their demographics. That's not going 307 00:15:49,680 --> 00:15:53,200 Speaker 2: to change. And so somehow these TV companies are going 308 00:15:53,280 --> 00:15:55,000 Speaker 2: to have to figure out how the hell do we 309 00:15:55,480 --> 00:15:57,800 Speaker 2: integrate into that, or is even an opportunity for us 310 00:15:57,800 --> 00:16:00,280 Speaker 2: to integrate into that. So I think big TV is 311 00:16:00,320 --> 00:16:02,920 Speaker 2: in probably a lot more trouble than big newspapers just 312 00:16:02,960 --> 00:16:06,520 Speaker 2: because that's a harder shift to make, and they're just 313 00:16:06,600 --> 00:16:10,360 Speaker 2: they operate at a cost scale that's really really high, 314 00:16:10,520 --> 00:16:14,200 Speaker 2: Whereas you could see AI being very helpful to your company, 315 00:16:14,280 --> 00:16:17,000 Speaker 2: into our company in terms of it just it cuts 316 00:16:17,040 --> 00:16:19,480 Speaker 2: down on the cost of distribution. There's a lot of 317 00:16:19,840 --> 00:16:22,880 Speaker 2: back not journalism stuff that gets done that you could 318 00:16:22,920 --> 00:16:26,440 Speaker 2: see AI being very helpful in That might allow companies 319 00:16:26,440 --> 00:16:29,160 Speaker 2: like yours, companies like ours to be able to put 320 00:16:29,280 --> 00:16:31,880 Speaker 2: more effort and more money and more mind share into 321 00:16:31,920 --> 00:16:34,560 Speaker 2: the journalism itself. And so there's going to be a 322 00:16:34,600 --> 00:16:38,400 Speaker 2: real benefit to not being big and lumbering. I think 323 00:16:38,440 --> 00:16:39,040 Speaker 2: over the next. 324 00:16:38,920 --> 00:16:42,200 Speaker 1: Couple of years, right being nimble, I think is going 325 00:16:42,280 --> 00:16:44,560 Speaker 1: to be the key before we talk about AI, because 326 00:16:44,560 --> 00:16:47,280 Speaker 1: I'm fascinated with that. I want to talk about mass 327 00:16:47,320 --> 00:16:51,400 Speaker 1: media because I've said for years now in graduation speeches 328 00:16:51,520 --> 00:16:54,120 Speaker 1: and whenever I can, just because I think it makes 329 00:16:54,160 --> 00:16:58,320 Speaker 1: me sound smart, that mass media is now an oxymoron. Right, 330 00:16:58,400 --> 00:17:00,760 Speaker 1: there is no such thing as mass I'm curious about 331 00:17:00,800 --> 00:17:05,120 Speaker 1: your approach with Axios and initially Politico. I mean, you 332 00:17:05,160 --> 00:17:09,040 Speaker 1: had a very I won't say narrow target market, but 333 00:17:09,200 --> 00:17:12,479 Speaker 1: you were not trying to serve the world. Talk to 334 00:17:12,520 --> 00:17:16,960 Speaker 1: me about that, because sometimes I'm still I'm a generalist, right, 335 00:17:17,119 --> 00:17:19,920 Speaker 1: I care about all kinds of news and information. I'm 336 00:17:19,920 --> 00:17:23,840 Speaker 1: interested in so many things, And for our readers and 337 00:17:23,880 --> 00:17:26,280 Speaker 1: people who follow me on social media, who I hope 338 00:17:26,280 --> 00:17:29,640 Speaker 1: to serve and educate and enlighten, I kind of am 339 00:17:29,720 --> 00:17:32,679 Speaker 1: all over the place. Is that a bad business model 340 00:17:32,680 --> 00:17:35,280 Speaker 1: in this day and age? You guys, I'm actually using 341 00:17:35,320 --> 00:17:37,639 Speaker 1: this to get business advice from you, guys. 342 00:17:38,119 --> 00:17:40,960 Speaker 2: I don't again like, based on what you've told me, 343 00:17:41,160 --> 00:17:43,000 Speaker 2: it sounds like it's a good business model. But it's 344 00:17:43,000 --> 00:17:45,919 Speaker 2: about you knowing your reader. It sounds like you do 345 00:17:46,080 --> 00:17:47,879 Speaker 2: you know your reader, you know your listener, you know 346 00:17:47,920 --> 00:17:51,239 Speaker 2: your watcher. You're constantly in conversation with them, and as 347 00:17:51,240 --> 00:17:53,560 Speaker 2: long as you're serving them, and then you're able to 348 00:17:53,680 --> 00:17:56,119 Speaker 2: make more money than you're spending. Like it's by definition 349 00:17:56,520 --> 00:18:00,040 Speaker 2: a really good business. What is true is when we 350 00:18:00,160 --> 00:18:03,119 Speaker 2: looked at it differently, right, we were Our specialty, if 351 00:18:03,119 --> 00:18:06,720 Speaker 2: you really boil it down, is understanding how the most influential, 352 00:18:06,760 --> 00:18:09,800 Speaker 2: hard to reach people consume information. People in the White House, 353 00:18:09,880 --> 00:18:12,960 Speaker 2: running companies, running tech companies, running media companies. And so 354 00:18:13,040 --> 00:18:15,399 Speaker 2: when we start we were never went mass. We went 355 00:18:15,480 --> 00:18:18,720 Speaker 2: the opposite. We called it radiate out. Go for the bullseye, 356 00:18:18,800 --> 00:18:21,120 Speaker 2: get the Speaker of the House, get the president, get 357 00:18:21,440 --> 00:18:22,679 Speaker 2: Jamie Diamond, get those. 358 00:18:22,560 --> 00:18:25,560 Speaker 1: People reading sure Nancy your target. 359 00:18:25,280 --> 00:18:28,200 Speaker 2: Market, and then little by little you would echo out 360 00:18:28,280 --> 00:18:30,720 Speaker 2: because people would want to know what they're thinking, what 361 00:18:30,760 --> 00:18:32,640 Speaker 2: they're doing. And by the way, if a reporter can 362 00:18:33,760 --> 00:18:35,720 Speaker 2: what they're reading, and if the reporter can tell them 363 00:18:35,840 --> 00:18:38,440 Speaker 2: something they don't know, that means they're a really really 364 00:18:38,440 --> 00:18:41,040 Speaker 2: good reporter. And so that has worked. Now I would 365 00:18:41,080 --> 00:18:43,840 Speaker 2: say we are more of a mask company and that 366 00:18:43,880 --> 00:18:47,160 Speaker 2: there's a much bigger audience. But where you're super right 367 00:18:47,280 --> 00:18:49,919 Speaker 2: on the there's no more mass media. You know. We 368 00:18:49,920 --> 00:18:52,480 Speaker 2: did a column not long ago called Shards of Glass. 369 00:18:52,720 --> 00:18:55,080 Speaker 2: The idea there was like think about you and your 370 00:18:55,119 --> 00:18:58,639 Speaker 2: heyday and us in our heyday. So pre digital, we 371 00:18:58,680 --> 00:19:01,720 Speaker 2: all looked at the world through the same window, right, 372 00:19:01,760 --> 00:19:03,600 Speaker 2: it was what was happening with the big networks, what 373 00:19:03,640 --> 00:19:08,119 Speaker 2: was happening with a few newspapers, relatively shared reality on 374 00:19:08,160 --> 00:19:11,080 Speaker 2: who we're dealing with and who we're listening to. Digital 375 00:19:11,200 --> 00:19:15,159 Speaker 2: shatters that into you could argue thirty forty fifty pieces. 376 00:19:14,800 --> 00:19:16,800 Speaker 1: Where millions actually And it's. 377 00:19:16,680 --> 00:19:19,760 Speaker 2: Crazy because you could be sitting next to you, could 378 00:19:19,760 --> 00:19:22,520 Speaker 2: be sitting at a table, and every person could be 379 00:19:22,560 --> 00:19:27,080 Speaker 2: consuming information in a different shard of glass, listening to people, 380 00:19:27,200 --> 00:19:30,639 Speaker 2: following people getting worked up about topics that you wouldn't 381 00:19:30,640 --> 00:19:32,720 Speaker 2: even know who that person is. You wouldn't even know 382 00:19:32,760 --> 00:19:34,919 Speaker 2: what that type of what you're worried about that topic. 383 00:19:35,119 --> 00:19:39,119 Speaker 2: You're getting your information how, and that's that's really hard. 384 00:19:39,200 --> 00:19:41,240 Speaker 2: So then it makes it really hard to have a 385 00:19:41,280 --> 00:19:46,399 Speaker 2: common truth. It's really easy for manipulated, fake, or just 386 00:19:46,480 --> 00:19:50,159 Speaker 2: kind of spun content to take off. And then I 387 00:19:50,400 --> 00:19:52,000 Speaker 2: find it, and I'm sure you find it. So you 388 00:19:52,040 --> 00:19:54,560 Speaker 2: do with your newsletter, A lot of it, you said, 389 00:19:54,600 --> 00:19:56,600 Speaker 2: you see the world. Part of it is news, part 390 00:19:56,640 --> 00:19:59,159 Speaker 2: of its aggregation, Right, I don't know about you. But 391 00:19:59,280 --> 00:20:01,639 Speaker 2: like many days, I wake up and I'm like, wait, 392 00:20:01,720 --> 00:20:04,080 Speaker 2: is that real? Is that not real? And the number 393 00:20:04,080 --> 00:20:05,760 Speaker 2: of time we're having is this real? That you really 394 00:20:05,760 --> 00:20:08,800 Speaker 2: say that like that? And we're paid to be able 395 00:20:08,800 --> 00:20:12,240 Speaker 2: to filter that geez. A poor reader on the other 396 00:20:12,440 --> 00:20:16,399 Speaker 2: side trying to figure out like someone's hyperventilating on Fox 397 00:20:16,480 --> 00:20:18,360 Speaker 2: News or on Twitter or on. 398 00:20:18,359 --> 00:20:21,400 Speaker 1: Item the same with me, And it's actually very time 399 00:20:21,440 --> 00:20:25,560 Speaker 1: consuming because now I have to take additional steps to 400 00:20:25,720 --> 00:20:28,480 Speaker 1: verify what I'm reading. I have to look it up, 401 00:20:28,680 --> 00:20:30,760 Speaker 1: I have to Google it, I have to compare it 402 00:20:30,800 --> 00:20:34,679 Speaker 1: to other publications. It's it's it's really hard to be 403 00:20:34,760 --> 00:20:36,080 Speaker 1: a news consumer today. 404 00:20:36,400 --> 00:20:38,840 Speaker 3: All true, But the flip of that is that being 405 00:20:38,920 --> 00:20:42,080 Speaker 3: Katie Kirkt Media or being Axios, being a brand that 406 00:20:42,119 --> 00:20:47,160 Speaker 3: people know and trust then becomes even more valuable because 407 00:20:47,240 --> 00:20:49,520 Speaker 3: if I know that I'm on Axios, I know that 408 00:20:49,600 --> 00:20:52,720 Speaker 3: this is going to be both literally accurate and broadly true. 409 00:20:52,800 --> 00:20:57,000 Speaker 3: We talk about our journalism. Trustworthy is the number one word, 410 00:20:58,400 --> 00:21:01,200 Speaker 3: absolutely the most important thing, and it gets more important 411 00:21:01,320 --> 00:21:04,439 Speaker 3: as the web gets more polluted that there's more fake content, 412 00:21:04,720 --> 00:21:08,680 Speaker 3: more synthetic content, more misinfo, more disinfo. Then you want 413 00:21:08,680 --> 00:21:10,040 Speaker 3: to go to people you know and trust. 414 00:21:10,200 --> 00:21:13,359 Speaker 1: Yes, but it's really hard because to Jim's point, people 415 00:21:13,440 --> 00:21:16,960 Speaker 1: are creating their own ecosystems and echo chambers. 416 00:21:16,600 --> 00:21:19,480 Speaker 3: And with very little overlap is a huge. 417 00:21:19,320 --> 00:21:24,680 Speaker 1: Change and creating for and disinformation, misinformation, malinformation. They're creating 418 00:21:24,720 --> 00:21:29,080 Speaker 1: their own bubbles, and you know, it is really hard 419 00:21:29,560 --> 00:21:33,200 Speaker 1: to have a conversation. And it's I'm curious how you 420 00:21:33,280 --> 00:21:37,639 Speaker 1: all have straddled this desire to be old school and 421 00:21:37,720 --> 00:21:42,360 Speaker 1: objective and search for truth when you have a political 422 00:21:42,400 --> 00:21:48,080 Speaker 1: movement in this country that seems to not necessarily appreciate 423 00:21:48,160 --> 00:21:52,600 Speaker 1: the truth right and people seeing things through uniquely different prisms. 424 00:21:53,200 --> 00:21:57,120 Speaker 1: How do you do that and still remain trusted if 425 00:21:57,160 --> 00:22:01,359 Speaker 1: in fact you are sharing factual information. That is a 426 00:22:01,440 --> 00:22:02,760 Speaker 1: real challenge. 427 00:22:03,160 --> 00:22:07,040 Speaker 2: Epic challenge and almost, to be honest, almost an impossible challenge. 428 00:22:07,040 --> 00:22:08,280 Speaker 2: And mean, the way we do it is we try 429 00:22:08,280 --> 00:22:10,359 Speaker 2: to say, listen, like we're going to cover everything clinically, 430 00:22:10,680 --> 00:22:12,720 Speaker 2: meaning we don't have an opinion page. We're not here 431 00:22:12,760 --> 00:22:14,320 Speaker 2: to put our thumb on the scale. But we're also 432 00:22:14,400 --> 00:22:17,320 Speaker 2: not here to deceive people into thinking that everything is 433 00:22:17,359 --> 00:22:20,800 Speaker 2: equal on both sides. We do that by hiring people 434 00:22:20,840 --> 00:22:23,879 Speaker 2: who are authentically wired into these campaigns and can at 435 00:22:23,920 --> 00:22:28,080 Speaker 2: least help explain these people, explain their ideas. 436 00:22:27,720 --> 00:22:29,960 Speaker 1: So you're not judging, you're explaining. 437 00:22:29,720 --> 00:22:32,160 Speaker 2: Trying and clinically like a doctor would. Like a doctor, 438 00:22:32,200 --> 00:22:34,000 Speaker 2: you might have cancer, and the doctor might be telling 439 00:22:34,040 --> 00:22:36,280 Speaker 2: you his cancer, but not doing it emotionally. He's trying 440 00:22:36,320 --> 00:22:38,040 Speaker 2: to walk you through what are the things that we know? 441 00:22:38,440 --> 00:22:39,879 Speaker 2: What are the things that can be done? And I 442 00:22:39,880 --> 00:22:43,320 Speaker 2: think at our best we do that. It's hard because 443 00:22:43,359 --> 00:22:46,800 Speaker 2: anything that you say, anything that you write, a snippet 444 00:22:46,800 --> 00:22:49,719 Speaker 2: of it gets taken out of context and thrown on 445 00:22:49,760 --> 00:22:52,840 Speaker 2: social media and suddenly you're bipack. 446 00:22:52,359 --> 00:22:55,080 Speaker 1: Or Honestly, that happened to me recently. I was doing 447 00:22:55,119 --> 00:22:58,720 Speaker 1: Bill Maher and I was trying to explain income inequality 448 00:22:59,240 --> 00:23:04,000 Speaker 1: and classrooms and feeding into anger grievance and you know, 449 00:23:04,119 --> 00:23:06,720 Speaker 1: and I said, as an aside to Bill, you know, 450 00:23:06,800 --> 00:23:11,520 Speaker 1: feeling jealous and envious is a horrible feeling. And I said, 451 00:23:11,600 --> 00:23:15,360 Speaker 1: that's created a lot of anti elitism and anti intellectualism, 452 00:23:15,440 --> 00:23:19,680 Speaker 1: you know, a doubt in science and academic deemia, et cetera. 453 00:23:20,080 --> 00:23:24,200 Speaker 1: PS not an original thought. Right Fox News and all 454 00:23:24,200 --> 00:23:27,840 Speaker 1: these right wing radio stations twisted it, cherry picked it 455 00:23:27,880 --> 00:23:30,119 Speaker 1: and said, I said, all Trump voters are jealous and 456 00:23:30,160 --> 00:23:31,680 Speaker 1: anti intellectual. 457 00:23:31,200 --> 00:23:34,199 Speaker 2: Right, yeah, and there's nothing you can really do. You 458 00:23:34,200 --> 00:23:37,920 Speaker 2: could try to correct the record, but by then like it. 459 00:23:38,040 --> 00:23:40,399 Speaker 1: You know, if somebody took the time to actually listen 460 00:23:40,440 --> 00:23:43,959 Speaker 1: to the whole statement, they plucked two words. It's engagement 461 00:23:44,000 --> 00:23:48,520 Speaker 1: through enragement, as my friend Kera Swisher describes it, clickbait, 462 00:23:48,760 --> 00:23:51,960 Speaker 1: and suddenly I am demonized in the minds of all 463 00:23:52,000 --> 00:23:55,439 Speaker 1: Trump voters. Having said that, You know, I do wonder 464 00:23:55,480 --> 00:24:00,159 Speaker 1: how people can support a candidate who has perpetuated this 465 00:24:00,320 --> 00:24:03,919 Speaker 1: notion of a rigged election when how many sixty two 466 00:24:04,000 --> 00:24:07,560 Speaker 1: lawsuits or something that's been thrown out. So I have 467 00:24:07,600 --> 00:24:12,240 Speaker 1: a hard time trying to navigate this, and I do 468 00:24:12,280 --> 00:24:15,200 Speaker 1: look to you all and notice how you cover things. 469 00:24:15,640 --> 00:24:18,280 Speaker 1: But as a person, it's really hard. 470 00:24:18,680 --> 00:24:20,720 Speaker 2: I think part of the journalists, it is really hard. 471 00:24:20,760 --> 00:24:22,879 Speaker 2: Like I don't again, like no one has sympathy for 472 00:24:23,240 --> 00:24:25,439 Speaker 2: folks in the press. It's really really hard. There's not 473 00:24:25,640 --> 00:24:28,320 Speaker 2: this idea from like the media critics on Twitter who 474 00:24:28,359 --> 00:24:30,320 Speaker 2: think there's just a simple solution just call a lie 475 00:24:30,320 --> 00:24:34,280 Speaker 2: a lie, like great, like you're an academic that you're 476 00:24:34,320 --> 00:24:35,120 Speaker 2: not you can. 477 00:24:35,080 --> 00:24:38,679 Speaker 1: Fix immigration with the stroke of a pen. It's not true. 478 00:24:38,960 --> 00:24:41,720 Speaker 2: It's not true. But you can do is try to 479 00:24:41,880 --> 00:24:43,720 Speaker 2: explain what's actually happening. 480 00:24:43,840 --> 00:24:47,440 Speaker 1: Requires an act of Congress, you know, just to allocate 481 00:24:47,560 --> 00:24:49,400 Speaker 1: more funds, right, I mean, or. 482 00:24:49,359 --> 00:24:51,159 Speaker 2: Put the emphasis. Like. One thing we've tried to do, 483 00:24:51,200 --> 00:24:52,600 Speaker 2: and I think The Times has done a nice job 484 00:24:52,640 --> 00:24:56,840 Speaker 2: of is is explaining in detail that Trump is always 485 00:24:56,840 --> 00:24:58,360 Speaker 2: going to be Trump. You're not going to change him. 486 00:24:58,880 --> 00:25:01,440 Speaker 2: He's going to say outland things every day. The thing 487 00:25:01,480 --> 00:25:04,080 Speaker 2: you should be paying attention to is what's happening around Trump, 488 00:25:04,280 --> 00:25:06,879 Speaker 2: which is you have a lot more smart people who 489 00:25:06,920 --> 00:25:10,280 Speaker 2: are very organized, who are helping him prepare if he 490 00:25:10,320 --> 00:25:13,480 Speaker 2: does come into government, to be able to operate government 491 00:25:13,600 --> 00:25:15,920 Speaker 2: a lot more effectively than it did last time. So 492 00:25:15,960 --> 00:25:18,000 Speaker 2: if you'd like him, that's good. If you don't like him, 493 00:25:18,000 --> 00:25:20,240 Speaker 2: he's going to be able to stretch the boundaries in 494 00:25:20,280 --> 00:25:21,760 Speaker 2: a much more elastic way. 495 00:25:24,760 --> 00:25:27,560 Speaker 1: When we come back. Trump and his allies have a plan. 496 00:25:28,040 --> 00:25:31,919 Speaker 1: It's called Project twenty twenty five and pardon my French, 497 00:25:32,040 --> 00:25:35,440 Speaker 1: but it is really fucking scary. We'll talk about that 498 00:25:35,760 --> 00:25:41,840 Speaker 1: right after this. If you want to get smarter, every 499 00:25:41,880 --> 00:25:44,960 Speaker 1: morning with a breakdown of the news and fascinating takes 500 00:25:45,000 --> 00:25:48,119 Speaker 1: on health and wellness and pop culture. Sign up for 501 00:25:48,160 --> 00:25:51,280 Speaker 1: our daily newsletter, Wake Up Call by going to Katiecuric 502 00:25:51,359 --> 00:26:03,960 Speaker 1: dot com. Well, what about this Project twenty twenty five. 503 00:26:04,040 --> 00:26:04,840 Speaker 2: It's a real thing. 504 00:26:05,480 --> 00:26:09,120 Speaker 1: It's really scary. Will you explain to people listening what 505 00:26:09,160 --> 00:26:09,520 Speaker 1: that is. 506 00:26:10,040 --> 00:26:14,800 Speaker 3: So this is the most advanced effort to prepare for 507 00:26:15,240 --> 00:26:18,280 Speaker 3: an administration that there's been in history. And it started 508 00:26:18,600 --> 00:26:23,400 Speaker 3: even before Trump had clinched the Republican nomination. So for 509 00:26:23,720 --> 00:26:28,040 Speaker 3: years now, this project's been underway. So the project you mentioned, 510 00:26:28,080 --> 00:26:31,439 Speaker 3: Project twenty twenty five part of the Heritage Foundation, like 511 00:26:31,480 --> 00:26:34,879 Speaker 3: a very well funded project, and they are pre vetting 512 00:26:35,520 --> 00:26:39,560 Speaker 3: thousands of people that could come in to a Trump 513 00:26:39,640 --> 00:26:45,800 Speaker 3: administration who could go in as top appointee's top nominees. 514 00:26:46,320 --> 00:26:51,359 Speaker 3: And so they're building this massive resume database on this side, 515 00:26:51,680 --> 00:26:54,639 Speaker 3: and then on the other side, they and others are 516 00:26:54,840 --> 00:26:58,919 Speaker 3: developing extremely detailed policy for what he did. Because this 517 00:26:58,960 --> 00:27:02,920 Speaker 3: is what Jim said, the chaos of last time. They 518 00:27:03,040 --> 00:27:05,360 Speaker 3: recognize that that last time. 519 00:27:05,240 --> 00:27:07,680 Speaker 1: They need more discipline, right, and. 520 00:27:08,359 --> 00:27:12,359 Speaker 3: They knew that they couldn't get a Republican's to agree. 521 00:27:12,359 --> 00:27:15,200 Speaker 3: They couldn't get the administration to agree this time it's 522 00:27:15,200 --> 00:27:19,000 Speaker 3: going to be much more organized, and it's going to 523 00:27:19,000 --> 00:27:23,159 Speaker 3: be moved fast. They recognize how fast they're going to 524 00:27:23,240 --> 00:27:25,359 Speaker 3: have to move. And one of the biggest things that 525 00:27:25,400 --> 00:27:28,480 Speaker 3: they've said, and the Axios has led on this, and 526 00:27:28,800 --> 00:27:30,639 Speaker 3: The New York Times has done great reporting on this, 527 00:27:30,960 --> 00:27:34,359 Speaker 3: is the effort to turn over the bureaucracy, to push 528 00:27:34,400 --> 00:27:39,399 Speaker 3: out so many people who in the past administrations have 529 00:27:39,520 --> 00:27:42,240 Speaker 3: just accepted that's what's going to be there. They're going 530 00:27:42,280 --> 00:27:44,760 Speaker 3: to turn that over. They're going to move fast on 531 00:27:44,800 --> 00:27:49,040 Speaker 3: the border and at the Justice Department. The way it's 532 00:27:49,080 --> 00:27:52,040 Speaker 3: been said to me is whatever you think is the 533 00:27:52,080 --> 00:27:56,639 Speaker 3: most aggressive possible approach you can take on immigration, his 534 00:27:56,680 --> 00:28:02,240 Speaker 3: appointee is going to be even more aggressive and purposeful. 535 00:28:02,400 --> 00:28:06,200 Speaker 1: But is there cause for concern with this whole plan? 536 00:28:06,320 --> 00:28:09,320 Speaker 1: I mean, it's not just an ideology. Isn't it sort 537 00:28:09,359 --> 00:28:14,159 Speaker 1: of fealty at all costs? And how are they looking 538 00:28:14,280 --> 00:28:16,800 Speaker 1: for people who will fill these important results? 539 00:28:16,840 --> 00:28:18,760 Speaker 2: Total fealty it's all. I mean, they're very clear it's 540 00:28:18,760 --> 00:28:21,639 Speaker 2: a loyalty test. It is about like, what do you 541 00:28:21,640 --> 00:28:24,119 Speaker 2: think about Donald Trump? And if you can't pass that, 542 00:28:24,160 --> 00:28:26,480 Speaker 2: you're not going to get into the government. And it's 543 00:28:26,520 --> 00:28:28,840 Speaker 2: a big deal because we're not talking a couple hundred people. 544 00:28:28,840 --> 00:28:31,359 Speaker 2: We're talking it could be tens of thousands of people. 545 00:28:31,600 --> 00:28:34,120 Speaker 2: And the way government operates is you have these obscure 546 00:28:34,119 --> 00:28:37,000 Speaker 2: agencies that are by design boring and should be boring, 547 00:28:37,280 --> 00:28:40,080 Speaker 2: and they're staffed by career civil servants, people who have 548 00:28:40,400 --> 00:28:42,280 Speaker 2: domain expertise. 549 00:28:41,760 --> 00:28:43,320 Speaker 1: And a rich knowledge base. 550 00:28:43,600 --> 00:28:46,400 Speaker 2: Rich knowledge base, So if you replace that with people 551 00:28:46,400 --> 00:28:49,480 Speaker 2: who are just purely ideological, then you could start to 552 00:28:49,520 --> 00:28:52,240 Speaker 2: stretch the boundaries of what can you do. Through administrative action, 553 00:28:52,280 --> 00:28:55,240 Speaker 2: which doesn't require Congress, you can also stretch. And they're 554 00:28:55,240 --> 00:28:56,720 Speaker 2: going to do it. They're going to try to figure out, 555 00:28:57,080 --> 00:29:01,480 Speaker 2: let's do things that might not be ultimately legal, but 556 00:29:01,600 --> 00:29:04,120 Speaker 2: let's have the courts render a verdict while we do it. 557 00:29:04,200 --> 00:29:07,800 Speaker 2: So even the firing of forty thousand people, to like 558 00:29:08,440 --> 00:29:10,760 Speaker 2: there's a real legal case like can it be done? 559 00:29:10,760 --> 00:29:12,200 Speaker 2: Can it not be done? They'll do it and then 560 00:29:12,240 --> 00:29:14,200 Speaker 2: they'll just go to the courts and hope that they 561 00:29:14,240 --> 00:29:17,280 Speaker 2: win it. And what it'll do is it'll just step 562 00:29:17,320 --> 00:29:19,440 Speaker 2: way back. The thing that I worry most about about 563 00:29:19,480 --> 00:29:22,360 Speaker 2: the country is we basically are now on this twenty 564 00:29:22,440 --> 00:29:28,240 Speaker 2: year path where we've basically lost faith in every institution, media, government, church, 565 00:29:28,680 --> 00:29:33,080 Speaker 2: boy scouts, politicians, you name it. And so whenever you 566 00:29:33,120 --> 00:29:36,040 Speaker 2: have people in a public setting who are continuing to 567 00:29:36,080 --> 00:29:40,880 Speaker 2: be exceptionally derogatory about government, making everyone think that everyone's 568 00:29:40,920 --> 00:29:45,160 Speaker 2: on the take, making everyone think that everyone's incompetent, then 569 00:29:45,200 --> 00:29:47,640 Speaker 2: you don't get the really smart people who might want 570 00:29:47,680 --> 00:29:49,880 Speaker 2: to come to work to government to make government work, 571 00:29:50,160 --> 00:29:52,760 Speaker 2: and so you end up with not anarchy, but you 572 00:29:52,800 --> 00:29:55,040 Speaker 2: basically end up with a bunch of people who just 573 00:29:55,080 --> 00:29:58,280 Speaker 2: feel like they can't trust anything, and you end up 574 00:29:58,320 --> 00:30:01,800 Speaker 2: with nothing that unifies all of us. And we've gone 575 00:30:01,800 --> 00:30:05,080 Speaker 2: through periods like this in history, but they're dangerous periods 576 00:30:05,160 --> 00:30:07,320 Speaker 2: because at the end of the day, there are things 577 00:30:07,320 --> 00:30:09,720 Speaker 2: where we have to be united to be able to 578 00:30:09,760 --> 00:30:11,800 Speaker 2: do it, and where you do need a functioning government. 579 00:30:11,920 --> 00:30:13,960 Speaker 2: With Ai Man, it's going to be a big deal. 580 00:30:14,440 --> 00:30:16,680 Speaker 2: I wish I had smart people in government who are 581 00:30:16,680 --> 00:30:19,760 Speaker 2: working on that and thinking about that and making sure 582 00:30:19,800 --> 00:30:22,480 Speaker 2: that we win this AI war in China doesn't and 583 00:30:22,480 --> 00:30:24,840 Speaker 2: that we do it responsibly and it doesn't lead to 584 00:30:24,960 --> 00:30:27,520 Speaker 2: mass unemployment for a big sector of people who just 585 00:30:27,560 --> 00:30:30,400 Speaker 2: finally are rebounding from the manufacturing crisis that really hit 586 00:30:30,440 --> 00:30:30,920 Speaker 2: them hardest. 587 00:30:31,040 --> 00:30:33,600 Speaker 1: Right, Well, how do you report on this without saying, 588 00:30:33,720 --> 00:30:38,120 Speaker 1: holy shit, this is scary stuff? You know? In other words, 589 00:30:38,440 --> 00:30:41,360 Speaker 1: you guys say that you tell people what's happening clinically, 590 00:30:41,960 --> 00:30:47,680 Speaker 1: But do you feel any obligation as an American citizen 591 00:30:47,800 --> 00:30:53,600 Speaker 1: to say this is potentially really damaging for our country, 592 00:30:54,080 --> 00:30:57,280 Speaker 1: you know, because you don't have opinion. So I'm just curious, 593 00:30:57,320 --> 00:31:00,600 Speaker 1: like how you draw that line, because it's hard sometimes 594 00:31:00,640 --> 00:31:02,520 Speaker 1: for me not to sound the alarms. 595 00:31:02,800 --> 00:31:06,640 Speaker 3: Well, and you can say to people, pay attention to this, 596 00:31:07,080 --> 00:31:09,800 Speaker 3: and we're going to give you the very best information 597 00:31:10,320 --> 00:31:14,200 Speaker 3: about this. And like we spend a lifetime like building 598 00:31:14,720 --> 00:31:17,280 Speaker 3: connections to all the communities that are involved so that 599 00:31:17,320 --> 00:31:21,080 Speaker 3: we can connect them and bring it to you. And 600 00:31:21,480 --> 00:31:24,800 Speaker 3: people appreciate that because there's so much noise that people 601 00:31:24,880 --> 00:31:27,640 Speaker 3: tend to tune out everything. And so if we can 602 00:31:27,680 --> 00:31:31,800 Speaker 3: say to you, this is what matters, pay attention to this, 603 00:31:32,280 --> 00:31:35,320 Speaker 3: watch this, then that becomes incredibly valuable. 604 00:31:35,320 --> 00:31:38,440 Speaker 1: Because you feel as if you come at it from 605 00:31:38,760 --> 00:31:44,440 Speaker 1: too much bias or even colored with too much editorial focus, 606 00:31:44,800 --> 00:31:46,400 Speaker 1: that people will dismiss it. 607 00:31:47,040 --> 00:31:50,080 Speaker 2: They will listen. I believe there's still a big group 608 00:31:50,080 --> 00:31:52,120 Speaker 2: of people out there who are persuadable to the truth. 609 00:31:52,320 --> 00:31:54,640 Speaker 2: They're not persuadable if you come at it with a 610 00:31:54,680 --> 00:31:57,560 Speaker 2: condescending tone. They're not persuadable if you come at it 611 00:31:57,680 --> 00:32:01,640 Speaker 2: hyperventilating an They're not waitable if you're not coming at 612 00:32:01,640 --> 00:32:05,080 Speaker 2: it looking at like the operations of everybody. Yes, Joe 613 00:32:05,120 --> 00:32:08,160 Speaker 2: Biden is not Donald Trump, but Joe Biden's not a saint, 614 00:32:08,240 --> 00:32:10,840 Speaker 2: and Donald Trump's not, in every single action, a sinner. 615 00:32:11,040 --> 00:32:13,959 Speaker 2: And you have to be able to explain to people 616 00:32:14,440 --> 00:32:17,040 Speaker 2: with fact, just like what's happening. I just got back 617 00:32:17,080 --> 00:32:19,320 Speaker 2: from I did a bunch of speaking with you, broy 618 00:32:19,400 --> 00:32:20,800 Speaker 2: Do right, So I did a bunch of different groups, 619 00:32:20,840 --> 00:32:24,440 Speaker 2: but it was in like normal America, So like Wichita, Fargo. 620 00:32:24,920 --> 00:32:29,239 Speaker 2: The audiences were overwhelmingly Trump supporters, you know, going in 621 00:32:29,240 --> 00:32:32,719 Speaker 2: there like, here's this guy from the media man communists, 622 00:32:32,760 --> 00:32:35,080 Speaker 2: is about to lecture us. And what I find is 623 00:32:35,080 --> 00:32:36,920 Speaker 2: is like if you could just diffuse and say listen, 624 00:32:37,000 --> 00:32:38,760 Speaker 2: I'm not here to lecture you or tell you what's 625 00:32:38,800 --> 00:32:41,280 Speaker 2: right wrong. I know Donald Trump, I know Joe Biden. 626 00:32:41,360 --> 00:32:42,960 Speaker 2: I know a lot of people in Washington. We've covered 627 00:32:42,960 --> 00:32:45,440 Speaker 2: this stuff for twenty years. I'm here to explain to 628 00:32:45,440 --> 00:32:47,840 Speaker 2: you how they think and the actions that they're going 629 00:32:47,880 --> 00:32:49,800 Speaker 2: to take, and then you decide what you're going to 630 00:32:49,880 --> 00:32:52,960 Speaker 2: do with that. And you could see the blood just 631 00:32:53,040 --> 00:32:56,520 Speaker 2: start to come down and you could have like a conversation. 632 00:32:56,920 --> 00:32:58,880 Speaker 2: And in the Q and A, it wasn't people throwing 633 00:32:58,880 --> 00:33:02,000 Speaker 2: shoes at me. It was people asking very thoughtful questions. 634 00:33:02,000 --> 00:33:05,160 Speaker 2: And you can't just assume because Trump is so damn 635 00:33:05,200 --> 00:33:09,640 Speaker 2: outrageous and often so dishonest, that everybody who's voting for 636 00:33:09,720 --> 00:33:13,800 Speaker 2: him like likes likes his dishonesty. They don't. To them, 637 00:33:13,840 --> 00:33:16,000 Speaker 2: They're like, I got two choices, and man, I don't 638 00:33:16,040 --> 00:33:17,560 Speaker 2: like that guy. I don't like that guy. I'm gonna 639 00:33:17,560 --> 00:33:18,160 Speaker 2: go with that one. 640 00:33:18,200 --> 00:33:22,680 Speaker 1: I'm curious covering the campaign, have journalists learned anything? I 641 00:33:22,720 --> 00:33:25,440 Speaker 1: still see them referring to pull after poll after poll, 642 00:33:25,480 --> 00:33:28,480 Speaker 1: despite the fact in twenty twenty the polls were wrong. 643 00:33:28,800 --> 00:33:31,000 Speaker 1: When are they going to stop doing that? And how 644 00:33:31,040 --> 00:33:34,120 Speaker 1: can we convince them? If you had a magic wand 645 00:33:34,440 --> 00:33:37,280 Speaker 1: how would you have journalists cover this election? 646 00:33:37,480 --> 00:33:40,200 Speaker 3: You're never going to convince them. Are they right to 647 00:33:40,320 --> 00:33:43,040 Speaker 3: do it? Right? Like? Like you can do a great 648 00:33:43,080 --> 00:33:45,800 Speaker 3: job at your media company, Like we can do a 649 00:33:45,840 --> 00:33:48,440 Speaker 3: great job at our media company telling people what to 650 00:33:48,480 --> 00:33:50,800 Speaker 3: pay attention to. And for your listeners, what do you 651 00:33:50,800 --> 00:33:54,320 Speaker 3: pay attention to? Like there's six states they're going to matter. 652 00:33:54,920 --> 00:33:59,280 Speaker 3: Start in Arizona, Nevada up to Michigan, Wisconsin, Pennsylvania, Georgia, 653 00:33:59,360 --> 00:34:02,160 Speaker 3: Like those are the states that are going to determine 654 00:34:02,520 --> 00:34:06,400 Speaker 3: the presidency. Any poll that looks at the whole country 655 00:34:06,760 --> 00:34:10,360 Speaker 3: is of course just popularity and is not going to 656 00:34:10,440 --> 00:34:12,680 Speaker 3: determine the outcome. Like what's going to matter is like 657 00:34:12,760 --> 00:34:16,560 Speaker 3: Jim was talking about, people are persuadable, like the small 658 00:34:16,640 --> 00:34:19,719 Speaker 3: segment of people in each of those states who are 659 00:34:19,719 --> 00:34:22,480 Speaker 3: going to matter. And I can tell you that Democrats 660 00:34:22,480 --> 00:34:25,040 Speaker 3: look at the polls at the moment, like they're very 661 00:34:25,080 --> 00:34:29,160 Speaker 3: concerned about those six states in a lot of them, 662 00:34:29,320 --> 00:34:33,200 Speaker 3: like Trump has been winning here and there, Biden will 663 00:34:33,239 --> 00:34:36,000 Speaker 3: win Michigan or Wisconsin does seem to be his best states. 664 00:34:36,800 --> 00:34:40,839 Speaker 3: But they're very concerned about what's going to happen in 665 00:34:40,880 --> 00:34:44,319 Speaker 3: those six states. And so that's what matters. Look at 666 00:34:44,320 --> 00:34:48,040 Speaker 3: that look at where the candidates are spending money. You 667 00:34:48,080 --> 00:34:51,719 Speaker 3: talk about like like what have we learned, Like one 668 00:34:51,719 --> 00:34:54,880 Speaker 3: of the biggest things with Trump, like he's Trump, Like 669 00:34:54,920 --> 00:34:57,080 Speaker 3: you're not going to be able to anticipate it. He's 670 00:34:57,120 --> 00:34:59,160 Speaker 3: going to say what's on his mind. But you can 671 00:35:00,120 --> 00:35:03,399 Speaker 3: look at what he's going to do, who's surrounding himself with, 672 00:35:03,719 --> 00:35:06,080 Speaker 3: like what they've promised to do, Like what they've been 673 00:35:06,120 --> 00:35:08,839 Speaker 3: doing in the four years while they've been out. Those 674 00:35:08,880 --> 00:35:13,560 Speaker 3: are all real things that put together can help listeners, viewers, 675 00:35:13,640 --> 00:35:16,280 Speaker 3: readers like understand what's coming out. 676 00:35:16,520 --> 00:35:20,680 Speaker 1: Let's talk about AI. It's interesting because you said something 677 00:35:20,840 --> 00:35:24,040 Speaker 1: fairly positive about AI just a few minutes ago, Jim 678 00:35:24,080 --> 00:35:26,000 Speaker 1: and I, and yet at the same time, I know 679 00:35:26,120 --> 00:35:29,759 Speaker 1: that you have pledged to your readers that everything you 680 00:35:29,840 --> 00:35:33,359 Speaker 1: write is going to be written by an actual human being. 681 00:35:33,640 --> 00:35:38,239 Speaker 1: Katieus touching mic right now, So you know, So tell 682 00:35:38,280 --> 00:35:40,879 Speaker 1: me how you view AI and how it is going 683 00:35:40,960 --> 00:35:43,520 Speaker 1: to even further transform the media landscape. 684 00:35:43,680 --> 00:35:46,280 Speaker 2: Yeah, I mean it's hard to do that succinctly. So basically, 685 00:35:46,480 --> 00:35:48,759 Speaker 2: you have a technology that's probably going to be as 686 00:35:48,800 --> 00:35:52,600 Speaker 2: profound as the invention of the Internet or us having 687 00:35:52,640 --> 00:35:55,879 Speaker 2: phones at scale and connectivity, and so we know what's 688 00:35:55,880 --> 00:35:57,520 Speaker 2: going to be big. So what we do is we're 689 00:35:57,520 --> 00:35:59,400 Speaker 2: trying to figure out well, what does that mean for media? 690 00:35:59,400 --> 00:36:02,920 Speaker 2: What does that mean for information consumption? And our belief 691 00:36:02,960 --> 00:36:04,520 Speaker 2: is that it's going to be profound. It's just going 692 00:36:04,560 --> 00:36:08,880 Speaker 2: to radically change the relationship between you, the reader or 693 00:36:08,920 --> 00:36:11,640 Speaker 2: the consumer and the content that you're getting. And we 694 00:36:11,680 --> 00:36:13,520 Speaker 2: want to make sure we're at least one step ahead 695 00:36:13,520 --> 00:36:16,279 Speaker 2: of it. And where what we believe are the known 696 00:36:16,480 --> 00:36:19,040 Speaker 2: knowns that affect your company and affect our companies that 697 00:36:19,080 --> 00:36:23,000 Speaker 2: people are going to increasingly value expertise, Oh, that person 698 00:36:23,120 --> 00:36:26,279 Speaker 2: knows something that no machine could ever know. They have 699 00:36:26,400 --> 00:36:30,320 Speaker 2: sourcing that no machine could ever have. They have history 700 00:36:30,440 --> 00:36:33,000 Speaker 2: with a topic that it gives them analytical insight that 701 00:36:33,040 --> 00:36:35,640 Speaker 2: no machine's ever going to have. That's one. Two. You're 702 00:36:35,640 --> 00:36:37,359 Speaker 2: going to want trust. There's going to be so much 703 00:36:37,440 --> 00:36:40,480 Speaker 2: garbage out there. You're going to want a relationship between you, 704 00:36:40,600 --> 00:36:43,200 Speaker 2: the consumer and the media company that is built totally 705 00:36:43,239 --> 00:36:46,640 Speaker 2: on trust. Three is a place where we're doing a 706 00:36:46,640 --> 00:36:48,680 Speaker 2: lot of investment and there's by stuff we could do 707 00:36:48,680 --> 00:36:52,040 Speaker 2: together on that is in person connectivity. The more you 708 00:36:52,120 --> 00:36:55,000 Speaker 2: live in an artificial world, in a virtual world, the 709 00:36:55,000 --> 00:37:00,680 Speaker 2: more you consciously and subconsciously crave human interaction around share passions, 710 00:37:00,719 --> 00:37:03,760 Speaker 2: particularly professionally, and so we do a lot of events, 711 00:37:03,840 --> 00:37:07,120 Speaker 2: one hundred plus every year. But we're also doing membership 712 00:37:07,160 --> 00:37:09,800 Speaker 2: programs where we bring people who might have a passion around, 713 00:37:09,800 --> 00:37:13,960 Speaker 2: say the communications industry, to be able to get smarter 714 00:37:14,040 --> 00:37:17,719 Speaker 2: on their topics, maybe gather together to share best practices. 715 00:37:18,080 --> 00:37:20,600 Speaker 2: And we think there's a really rich business there. So 716 00:37:20,640 --> 00:37:23,680 Speaker 2: I think if you can do those things, you'll be fine. 717 00:37:23,840 --> 00:37:26,840 Speaker 2: Now there's a flip of that, which is there's probably 718 00:37:26,920 --> 00:37:29,359 Speaker 2: technologies that it could be AI power that are going 719 00:37:29,400 --> 00:37:35,400 Speaker 2: to make our lives easier, building technology, distributing content, copy editing, 720 00:37:35,680 --> 00:37:39,600 Speaker 2: creation of data visualization. You could see very clearly how 721 00:37:39,680 --> 00:37:42,000 Speaker 2: all of those are going to be done quite well 722 00:37:42,239 --> 00:37:44,960 Speaker 2: by machines, and so you just want to anticipate that 723 00:37:45,000 --> 00:37:48,440 Speaker 2: those things are going to happen and be clear eyed, 724 00:37:48,480 --> 00:37:50,480 Speaker 2: like all these people are like, you know, like not 725 00:37:50,600 --> 00:37:52,920 Speaker 2: paying attention to AI. Like I don't get it. It's 726 00:37:52,960 --> 00:37:55,360 Speaker 2: like someone told you, imagine going back in time and 727 00:37:55,400 --> 00:37:57,520 Speaker 2: someone told you two years ahead of time, Hey, the 728 00:37:57,560 --> 00:38:00,640 Speaker 2: Internet's coming, and you knew that and it was certain 729 00:38:00,680 --> 00:38:03,680 Speaker 2: eyes coming yep, store right, Like you know what's coming. 730 00:38:04,480 --> 00:38:07,560 Speaker 2: These big companies are spending trillions of dollars they will, 731 00:38:07,600 --> 00:38:09,920 Speaker 2: will it into existence? Will it be smarter than us? 732 00:38:09,960 --> 00:38:12,520 Speaker 2: Will we be working for it? I hope not. I 733 00:38:12,520 --> 00:38:15,480 Speaker 2: could definitely give you dark scenarios in almost every use 734 00:38:15,520 --> 00:38:18,280 Speaker 2: case of AI. I could also give you very positive 735 00:38:18,680 --> 00:38:21,000 Speaker 2: use cases. And either way, I think it requires us 736 00:38:21,000 --> 00:38:22,839 Speaker 2: to be clear eyed. And this is where I think 737 00:38:22,920 --> 00:38:26,799 Speaker 2: journalism really really matters. We have to educate people on 738 00:38:27,040 --> 00:38:30,319 Speaker 2: these technologies, on the companies that benefit, on what will 739 00:38:30,320 --> 00:38:34,040 Speaker 2: happen between nation state rivalries, what happens when warfare moves 740 00:38:34,080 --> 00:38:36,680 Speaker 2: to drones and moves to satellites and moves to space, 741 00:38:36,719 --> 00:38:38,480 Speaker 2: and the oceans that we have on our shoulders no 742 00:38:38,560 --> 00:38:40,400 Speaker 2: longer protect us the way they did in the past. 743 00:38:40,920 --> 00:38:43,360 Speaker 2: We have an obligation to tell that story, and, like 744 00:38:43,400 --> 00:38:45,560 Speaker 2: you said, kind of grab people by the collar, say 745 00:38:45,640 --> 00:38:47,279 Speaker 2: this is really really really. 746 00:38:47,040 --> 00:38:49,239 Speaker 1: Important and it's coming and you can't stop that. 747 00:38:49,320 --> 00:38:50,920 Speaker 2: And you could go light and dark on it. Right. 748 00:38:50,960 --> 00:38:54,840 Speaker 2: So take medical research. It seems highly likely in my 749 00:38:55,040 --> 00:38:59,800 Speaker 2: mind that in our lifetime that a large language model 750 00:39:00,120 --> 00:39:03,880 Speaker 2: trained with proprietary health data will cure cancer. I believe 751 00:39:03,880 --> 00:39:07,240 Speaker 2: that that will happen or most cancers. I also believe 752 00:39:07,320 --> 00:39:11,080 Speaker 2: that that exact same technology used by some jackass sitting 753 00:39:11,200 --> 00:39:14,800 Speaker 2: in a campus in Colorado might be able to create 754 00:39:14,800 --> 00:39:18,920 Speaker 2: a pathogen as powerful as a coronavirus for a country 755 00:39:18,920 --> 00:39:21,400 Speaker 2: that's not ready to be able to combat that. I 756 00:39:21,400 --> 00:39:24,439 Speaker 2: don't mean to be dark, but talk to anybody who's 757 00:39:24,440 --> 00:39:27,240 Speaker 2: building it, they would say those two outcomes are both 758 00:39:27,400 --> 00:39:31,719 Speaker 2: very very plausible, if not likely. And the purpose of 759 00:39:31,760 --> 00:39:34,800 Speaker 2: a documentary or the purpose of journalism is just to say, 760 00:39:34,880 --> 00:39:37,040 Speaker 2: you got to pay attention to this because it's probably 761 00:39:37,040 --> 00:39:41,480 Speaker 2: going to require personal responsibility. It's certainly going to require 762 00:39:41,520 --> 00:39:44,839 Speaker 2: governmental responsibility and regulation. And you have a government, going 763 00:39:44,920 --> 00:39:48,240 Speaker 2: back to the beginning of this podcast, that's not recruiting 764 00:39:48,239 --> 00:39:51,000 Speaker 2: the best in the brightest because everyone's dogging it. And 765 00:39:51,080 --> 00:39:55,640 Speaker 2: now you suddenly need smart people to engineer regulations from 766 00:39:55,719 --> 00:39:59,080 Speaker 2: a machine that might be smarter than us. I mean, 767 00:39:59,120 --> 00:40:01,960 Speaker 2: I'm looking from lash gosh. But man, that sounds hard, right. 768 00:40:03,840 --> 00:40:04,759 Speaker 1: It does sound hard. 769 00:40:05,040 --> 00:40:08,200 Speaker 3: And Katie, here's another grabbing by the Lapels. Moment you 770 00:40:08,280 --> 00:40:11,359 Speaker 3: talk to the heads of these companies, is Jim and 771 00:40:11,400 --> 00:40:13,400 Speaker 3: I do we spend a lot of time with the 772 00:40:13,400 --> 00:40:18,080 Speaker 3: biggest companies. This is all coming faster than people think. 773 00:40:18,120 --> 00:40:20,880 Speaker 3: That what people think is an eighteen month time horizon 774 00:40:20,960 --> 00:40:24,840 Speaker 3: is really a six month time horizon. And what's in 775 00:40:24,880 --> 00:40:28,760 Speaker 3: the garage, what's under the sheet, is even more powerful 776 00:40:28,760 --> 00:40:31,960 Speaker 3: than people realize. There's a lot that's been developed that 777 00:40:32,040 --> 00:40:33,320 Speaker 3: has not been deployed. 778 00:40:33,600 --> 00:40:36,920 Speaker 1: It is urgent, to say the least. And I think 779 00:40:36,960 --> 00:40:39,040 Speaker 1: you're so right, are you worried that though you know, 780 00:40:39,080 --> 00:40:41,840 Speaker 1: we talked about media and journalists. First of all, I 781 00:40:41,880 --> 00:40:45,160 Speaker 1: have two things. Two concerns of AI for me, job 782 00:40:45,239 --> 00:40:48,080 Speaker 1: loss and jobs are going to be lost, and b 783 00:40:48,719 --> 00:40:53,320 Speaker 1: disinformation right and using it for nefarious purposes, deep fakes 784 00:40:53,360 --> 00:40:56,040 Speaker 1: and all that stuff. I mean, how concerned are you 785 00:40:56,200 --> 00:40:57,840 Speaker 1: about both of those things? 786 00:40:58,160 --> 00:41:00,680 Speaker 2: I'd say the latter much more. I think that listen 787 00:41:00,719 --> 00:41:03,080 Speaker 2: to the introduction for your average consumer to AI is 788 00:41:03,120 --> 00:41:07,600 Speaker 2: going to be a bunch of really high end manufactured bs, right, 789 00:41:07,640 --> 00:41:10,920 Speaker 2: that's going to be a little bit by domestic actors, 790 00:41:10,960 --> 00:41:13,759 Speaker 2: a lot by the Iranians, of Koreans, the Russians and 791 00:41:13,800 --> 00:41:15,839 Speaker 2: the Chinese who want to manipulate our system and want 792 00:41:15,880 --> 00:41:18,680 Speaker 2: to pump this sludge into your Facebook feed, Instagram feed 793 00:41:18,680 --> 00:41:21,560 Speaker 2: and into TikTok. And the stuff's really good. It can 794 00:41:21,600 --> 00:41:24,320 Speaker 2: make Katie Kirk look and sound like Katie. 795 00:41:24,080 --> 00:41:27,920 Speaker 1: Kirk and see closely looked intoxicated, you know, and that 796 00:41:28,120 --> 00:41:31,200 Speaker 1: was very rude of entry technology. 797 00:41:30,800 --> 00:41:33,319 Speaker 2: And the stuff that you've not seen yet is blow 798 00:41:33,360 --> 00:41:36,080 Speaker 2: your mind good and so like it's like it's going 799 00:41:36,120 --> 00:41:37,680 Speaker 2: to be used, and it's going to be used for 800 00:41:37,760 --> 00:41:41,880 Speaker 2: nefarious purposes, and that's going to require like a population 801 00:41:41,920 --> 00:41:44,000 Speaker 2: that trusts the media to say that that's not true. 802 00:41:44,200 --> 00:41:47,480 Speaker 2: Like that's one I don't I might be naive. I 803 00:41:47,520 --> 00:41:50,080 Speaker 2: don't worry as much about the job part of it. 804 00:41:50,080 --> 00:41:52,880 Speaker 2: I worry about it certainly for certain groups of people. 805 00:41:52,960 --> 00:41:55,279 Speaker 2: But I think the history of technology is is that 806 00:41:55,440 --> 00:41:58,560 Speaker 2: it causes a tremendous amount of anxiety, It causes a 807 00:41:58,560 --> 00:42:00,840 Speaker 2: fair amount of disruption, but all timately does lead to 808 00:42:00,920 --> 00:42:04,400 Speaker 2: higher productivity and more jobs. It's painful getting there, but 809 00:42:04,600 --> 00:42:06,920 Speaker 2: I think that for at least for the let's say, 810 00:42:06,960 --> 00:42:09,200 Speaker 2: the next five years. Like right now, I think the 811 00:42:09,239 --> 00:42:11,319 Speaker 2: technology is actually jankier than I would have thought at 812 00:42:11,320 --> 00:42:14,440 Speaker 2: this point, but it will get better. And when it 813 00:42:14,480 --> 00:42:16,200 Speaker 2: gets better, I would just look at it as how 814 00:42:16,200 --> 00:42:18,600 Speaker 2: do I use it to do my job more effective? 815 00:42:18,719 --> 00:42:18,879 Speaker 3: Right? 816 00:42:19,040 --> 00:42:21,760 Speaker 2: At some point it could displace things. It's something that's mechanical, 817 00:42:21,840 --> 00:42:23,600 Speaker 2: something that's wrote, something that's researched. 818 00:42:23,640 --> 00:42:25,719 Speaker 1: Talk about graphics. You know, if you can just get 819 00:42:25,760 --> 00:42:27,840 Speaker 1: AI graphics, do you need a graphic designer? 820 00:42:28,480 --> 00:42:31,279 Speaker 2: Yeah, there's definitely there's throughout that. I don't mean to 821 00:42:31,280 --> 00:42:33,239 Speaker 2: be cold about it, but I think throughout history like 822 00:42:33,239 --> 00:42:35,720 Speaker 2: there were jobs that were abundant and then they don't exist. 823 00:42:35,719 --> 00:42:38,719 Speaker 2: And the question is, and this goes back to functioning government, 824 00:42:38,800 --> 00:42:41,520 Speaker 2: like if we were smarter in some ways, we have 825 00:42:41,520 --> 00:42:43,279 Speaker 2: a baby problem. We don't have enough people to do 826 00:42:43,320 --> 00:42:45,360 Speaker 2: the jobs that we need to have done. They're just 827 00:42:45,440 --> 00:42:48,840 Speaker 2: mismatched geographically and skill wise. So if you could somehow 828 00:42:48,920 --> 00:42:51,360 Speaker 2: figure out and get ahead of this to realize what 829 00:42:51,400 --> 00:42:53,480 Speaker 2: are the sectors most likely to be hit? They know this, 830 00:42:53,560 --> 00:42:55,160 Speaker 2: They know exactly which ones are going to be hit. 831 00:42:55,480 --> 00:42:58,400 Speaker 2: How do you equip your vocational schools, your two year colleges, 832 00:42:58,440 --> 00:43:01,040 Speaker 2: your four year colleges training program to be able to 833 00:43:01,080 --> 00:43:04,200 Speaker 2: get If I'm a trucker, like, I'm sorry, at some point, 834 00:43:04,200 --> 00:43:05,840 Speaker 2: you're not going to be trucking. There's going to be 835 00:43:06,080 --> 00:43:08,880 Speaker 2: it's going to be the easiest thing. I canna keep 836 00:43:08,880 --> 00:43:11,160 Speaker 2: on trucking. But it's the largest I think it's the 837 00:43:11,280 --> 00:43:13,759 Speaker 2: largest job, at least for men in the United States, Yeah, 838 00:43:13,760 --> 00:43:14,640 Speaker 2: and spread everything. 839 00:43:14,840 --> 00:43:17,480 Speaker 1: And what do you find that businesses, since you all 840 00:43:17,480 --> 00:43:19,840 Speaker 1: have done extensive reporting on this, do you find that 841 00:43:19,960 --> 00:43:23,920 Speaker 1: business or and or government is taking the steps to 842 00:43:24,040 --> 00:43:25,440 Speaker 1: prepare for this revolution? 843 00:43:25,800 --> 00:43:29,640 Speaker 2: Oh? Hell no, hell no. Government No, they can't, like 844 00:43:29,640 --> 00:43:30,480 Speaker 2: they're just it's not. 845 00:43:30,880 --> 00:43:33,160 Speaker 1: Well, they can't even. 846 00:43:32,719 --> 00:43:35,359 Speaker 2: We don't know exactly what we're dealing yet with AI. 847 00:43:35,440 --> 00:43:37,040 Speaker 2: So it's a little bit hard, but a little sympathetic, 848 00:43:37,080 --> 00:43:40,239 Speaker 2: and it's a little hard to regulate the government. What 849 00:43:40,320 --> 00:43:42,279 Speaker 2: they would tell if they were on true seerum, they'd 850 00:43:42,280 --> 00:43:44,360 Speaker 2: say they don't really want to regulate it because they 851 00:43:44,360 --> 00:43:46,000 Speaker 2: don't want the Chinese to raise ahead of us and 852 00:43:46,080 --> 00:43:49,160 Speaker 2: the most important technology we have a year, we have 853 00:43:49,200 --> 00:43:50,880 Speaker 2: a year head start, and so they're not going to 854 00:43:50,920 --> 00:43:52,920 Speaker 2: say it publicly, But that is what it like. If 855 00:43:52,960 --> 00:43:55,560 Speaker 2: I'm if I'm Sam Oltman and I'm Mark Zuckerberg and 856 00:43:55,600 --> 00:43:57,440 Speaker 2: I'm trying to lobby for as much freedom to get 857 00:43:57,440 --> 00:43:59,520 Speaker 2: this stuff to be able to grow. You just warned 858 00:43:59,520 --> 00:44:01,520 Speaker 2: that China going to eat our lunch. That's going to 859 00:44:01,520 --> 00:44:04,800 Speaker 2: get lawmakers to back off. There's definitely truth some truth 860 00:44:05,320 --> 00:44:07,759 Speaker 2: to that. So I don't think government has created a 861 00:44:07,800 --> 00:44:10,279 Speaker 2: framework to think about this, and I think this and 862 00:44:10,360 --> 00:44:12,600 Speaker 2: businesses are looking at it as a way to increase 863 00:44:12,640 --> 00:44:15,640 Speaker 2: productivity and reduce costs. They're not necessarily looking at the 864 00:44:15,680 --> 00:44:20,160 Speaker 2: societal consequences of it. And I don't think anyone other 865 00:44:20,239 --> 00:44:22,640 Speaker 2: than the big companies just realize, like how much bigger 866 00:44:22,719 --> 00:44:25,560 Speaker 2: the big companies are going to get your Microsoft's, your Amazon's, 867 00:44:25,960 --> 00:44:30,760 Speaker 2: your Googles, your apples because it requires so much compute power, 868 00:44:30,920 --> 00:44:34,400 Speaker 2: so many chips, so much energy to build these things 869 00:44:34,400 --> 00:44:37,279 Speaker 2: that only these nation state companies that are literally the 870 00:44:37,320 --> 00:44:40,040 Speaker 2: size of countries are going to have enough capital to 871 00:44:40,080 --> 00:44:45,200 Speaker 2: be able to do it. So all fixable and probably solvable, 872 00:44:45,239 --> 00:44:47,719 Speaker 2: but it's complicated stuff and. 873 00:44:47,800 --> 00:44:50,120 Speaker 1: It makes you want to kind of put the sheets 874 00:44:50,160 --> 00:44:55,680 Speaker 1: over the shit. I can't deal with this right well, 875 00:44:55,719 --> 00:44:58,600 Speaker 1: speaking of a boy from Ashkosh b Gosh, and we 876 00:44:58,680 --> 00:45:00,799 Speaker 1: have to talk about your book. It's called Just the 877 00:45:00,800 --> 00:45:04,560 Speaker 1: Good Stuff, And I have to say, I really appreciate 878 00:45:04,600 --> 00:45:08,200 Speaker 1: this book. It's no bs secrets to success no matter 879 00:45:08,239 --> 00:45:11,200 Speaker 1: what life throws at you. But I mean, this was 880 00:45:11,239 --> 00:45:13,879 Speaker 1: a long time coming for you personally. I love how 881 00:45:13,920 --> 00:45:18,520 Speaker 1: you basically write what a dipshit you were and you 882 00:45:18,560 --> 00:45:21,399 Speaker 1: were growing up. I think those are your words, how 883 00:45:21,440 --> 00:45:25,520 Speaker 1: remarkably unremarkable you were. I mean, you struggled in school, 884 00:45:25,880 --> 00:45:29,200 Speaker 1: you had a shitty GPA, you didn't know what you 885 00:45:29,239 --> 00:45:32,120 Speaker 1: were going to do with your life, and yet somehow 886 00:45:32,160 --> 00:45:35,680 Speaker 1: you got it together. Talk about that because I think 887 00:45:36,160 --> 00:45:38,520 Speaker 1: that this is such an important and valuable lesson for 888 00:45:38,560 --> 00:45:40,839 Speaker 1: all people. I mean, you found your passion and I 889 00:45:40,880 --> 00:45:44,879 Speaker 1: as tried in graduation speechy as it sounds, you did 890 00:45:44,960 --> 00:45:48,359 Speaker 1: find something that you could really channel your energies into. 891 00:45:48,560 --> 00:45:49,520 Speaker 1: So talk about that. 892 00:45:50,480 --> 00:45:53,239 Speaker 2: Yeah, I think it does sound tripe, but it is 893 00:45:53,280 --> 00:45:56,040 Speaker 2: like I always tell a college graduates, just try your 894 00:45:56,080 --> 00:45:58,960 Speaker 2: hardest until you can no longer. Try to find something 895 00:45:59,000 --> 00:46:01,080 Speaker 2: you would do for free. You just enjoy doing that. 896 00:46:01,160 --> 00:46:02,400 Speaker 2: You are naturally gifted that. 897 00:46:02,640 --> 00:46:04,120 Speaker 1: So it doesn't feel like work, That's what. 898 00:46:04,160 --> 00:46:07,279 Speaker 2: It doesn't feel like work. And like I'm curious to 899 00:46:07,320 --> 00:46:10,239 Speaker 2: begin with, I'm mischievous to begin with, I'm experimental to 900 00:46:10,239 --> 00:46:13,520 Speaker 2: begin with. So like the once I found something that 901 00:46:13,560 --> 00:46:16,160 Speaker 2: I liked, it like it suddenly made me feel like 902 00:46:16,200 --> 00:46:19,560 Speaker 2: I was like capable and I was smart. And the 903 00:46:19,600 --> 00:46:22,200 Speaker 2: book the reason I opened with this, like look at Jim, 904 00:46:22,239 --> 00:46:25,200 Speaker 2: the dipshit who's smoking camels and drinking and my mom 905 00:46:25,239 --> 00:46:26,920 Speaker 2: hates the part where I say I'm stoned all the time, 906 00:46:26,960 --> 00:46:30,000 Speaker 2: But Mom's gonna have to deal with that. But like 907 00:46:30,120 --> 00:46:32,080 Speaker 2: the reason I do that is I hope that the 908 00:46:32,120 --> 00:46:34,920 Speaker 2: book works for people who are already in power. But 909 00:46:34,960 --> 00:46:36,600 Speaker 2: I hope there's a lot of people out there who 910 00:46:36,640 --> 00:46:39,560 Speaker 2: are sitting in situations like I was. It didn't come 911 00:46:39,560 --> 00:46:41,799 Speaker 2: from privilege, sitting in a small town, didn't go to 912 00:46:41,840 --> 00:46:44,840 Speaker 2: some glorious campus. Who just realizes that, like, despite what 913 00:46:44,880 --> 00:46:47,239 Speaker 2: you see around you, it's an amazing country that like 914 00:46:47,320 --> 00:46:50,000 Speaker 2: if you find a passion and you can easily move 915 00:46:50,360 --> 00:46:52,440 Speaker 2: and you go, like throw yourself into it, and you 916 00:46:52,480 --> 00:46:54,759 Speaker 2: do the right thing, work hard, like try to be 917 00:46:54,800 --> 00:46:57,160 Speaker 2: the first person in the office, do anything you can 918 00:46:57,160 --> 00:47:01,040 Speaker 2: possibly do, Like do like don't cut owners, don't dog 919 00:47:01,160 --> 00:47:04,759 Speaker 2: other people. Rise on the power of your own achievement 920 00:47:04,840 --> 00:47:07,800 Speaker 2: and your own effort that really good things can happen. 921 00:47:07,840 --> 00:47:10,799 Speaker 2: And we all know like thousands of stories like this 922 00:47:10,800 --> 00:47:14,359 Speaker 2: from friends and family and people we've met over the years. 923 00:47:14,360 --> 00:47:17,040 Speaker 2: And so I hope that part resonates. And then the 924 00:47:17,080 --> 00:47:18,840 Speaker 2: reason we wrote the book or and I say we, 925 00:47:19,080 --> 00:47:21,759 Speaker 2: because like so much this is me distilling Mike and 926 00:47:21,880 --> 00:47:24,239 Speaker 2: Roy and other people that we know is that I 927 00:47:24,280 --> 00:47:27,000 Speaker 2: am in the rare position where we've started two companies 928 00:47:27,040 --> 00:47:29,600 Speaker 2: and I've had to learn to be a CEO in 929 00:47:29,640 --> 00:47:33,480 Speaker 2: the digital era and deal with sixty five percent of 930 00:47:33,480 --> 00:47:35,480 Speaker 2: my staff being under the age of forty or thirty five. 931 00:47:35,600 --> 00:47:38,719 Speaker 2: So I've learned a lot about what does it take 932 00:47:38,760 --> 00:47:41,680 Speaker 2: to lead when you're trying to merge our generation with 933 00:47:41,719 --> 00:47:44,560 Speaker 2: a younger generation, often by screwing it up. I make 934 00:47:44,600 --> 00:47:46,239 Speaker 2: fun of myself a ton in there to set up 935 00:47:47,080 --> 00:47:50,520 Speaker 2: these chapters, but it's more, hopefully like the reason each 936 00:47:50,600 --> 00:47:55,280 Speaker 2: chapter ends with these action oriented items is hopefully five, ten, fifteen, 937 00:47:55,320 --> 00:47:58,040 Speaker 2: twenty of the chapters you find so interesting that you're 938 00:47:58,280 --> 00:48:00,120 Speaker 2: going back to it when you're dealing with how do 939 00:48:00,160 --> 00:48:02,319 Speaker 2: I deal with a bad boss? Or how do I. 940 00:48:02,320 --> 00:48:03,560 Speaker 1: Think a fire someone? 941 00:48:03,880 --> 00:48:05,279 Speaker 2: You know, how do I fire someone? Which is like, 942 00:48:05,400 --> 00:48:06,719 Speaker 2: no one taught me how to fire someone. 943 00:48:06,800 --> 00:48:11,680 Speaker 1: We did a terrible job early on, and you've learned 944 00:48:12,200 --> 00:48:16,160 Speaker 1: that you can fire somebody with grace and as you said, 945 00:48:16,280 --> 00:48:17,480 Speaker 1: keep it classy. 946 00:48:17,520 --> 00:48:20,400 Speaker 2: Yes, but you're not You're not born with that, certainly. 947 00:48:20,440 --> 00:48:22,239 Speaker 2: I wasn't born with that of so now was like 948 00:48:22,280 --> 00:48:24,719 Speaker 2: a we'd start a company, I'm running things, and I 949 00:48:24,719 --> 00:48:26,759 Speaker 2: have to fire this guy. And the poor guy comes 950 00:48:26,760 --> 00:48:29,360 Speaker 2: in and all I do is list the ten reasons 951 00:48:29,360 --> 00:48:30,879 Speaker 2: that he's not good at his job. I had never 952 00:48:30,920 --> 00:48:33,400 Speaker 2: given him pre warning. I had never given him a 953 00:48:33,480 --> 00:48:36,760 Speaker 2: chance to correct. I did everything wrong, but I didn't 954 00:48:36,800 --> 00:48:39,120 Speaker 2: know what right was. And so hopefully in the book 955 00:48:39,120 --> 00:48:42,080 Speaker 2: people will see, oh, here's here's how you can pop. 956 00:48:42,239 --> 00:48:44,200 Speaker 2: Here's how you can do that in a difficult situation. 957 00:48:44,320 --> 00:48:47,160 Speaker 3: And Katie, what Here's what's magical about the book is 958 00:48:47,200 --> 00:48:52,760 Speaker 3: that it's not aspirational, that it is actually Jim's journey. Yes, 959 00:48:53,080 --> 00:48:57,000 Speaker 3: so he kept a literal iPhone diary in his notes 960 00:48:57,440 --> 00:49:01,480 Speaker 3: app while he was living all of this, and this 961 00:49:01,520 --> 00:49:03,640 Speaker 3: is the book, and like I've lived it now for 962 00:49:03,680 --> 00:49:08,560 Speaker 3: twenty plus years with him, and he's made a real 963 00:49:08,600 --> 00:49:13,760 Speaker 3: difference to me that I'm twenty pounds less because of 964 00:49:14,400 --> 00:49:18,279 Speaker 3: the fitness ideas that we have in here there too, 965 00:49:18,480 --> 00:49:23,919 Speaker 3: like he started as having a big macbelly and since then, 966 00:49:24,080 --> 00:49:28,160 Speaker 3: every year since then has been better than the year before. 967 00:49:28,239 --> 00:49:32,120 Speaker 3: A very simple metric that anyone. 968 00:49:32,560 --> 00:49:35,520 Speaker 1: Can reason to buy this damn book. 969 00:49:35,920 --> 00:49:38,720 Speaker 2: But I don't say it's hard. I say in the opening, 970 00:49:38,719 --> 00:49:42,440 Speaker 2: I said, like in some ways to write a book 971 00:49:42,480 --> 00:49:45,920 Speaker 2: that's about giving people life advice. I hated the idea 972 00:49:45,960 --> 00:49:48,520 Speaker 2: because it just feels like you're a jackass, Like, look 973 00:49:48,560 --> 00:49:51,359 Speaker 2: at it, I've figured it out, and it's I'm trying 974 00:49:51,360 --> 00:49:53,319 Speaker 2: to set up No, Like, if I could figure it out, 975 00:49:53,320 --> 00:49:55,000 Speaker 2: you could surely figure it out. And one of the 976 00:49:55,040 --> 00:49:58,000 Speaker 2: big themes is, and it took me a long time 977 00:49:58,000 --> 00:50:00,480 Speaker 2: to really realize, it's just how much we can control. 978 00:50:00,800 --> 00:50:03,600 Speaker 2: We have this natural default to blame our bosses, blame 979 00:50:03,640 --> 00:50:07,000 Speaker 2: our parents, blame our upbringing, blame our college, blame our teachers, 980 00:50:07,160 --> 00:50:09,319 Speaker 2: as opposed to Nope. Every day I get up and 981 00:50:09,360 --> 00:50:11,200 Speaker 2: I get to decide, like what am I going to 982 00:50:11,200 --> 00:50:12,839 Speaker 2: put in my body? Am I going to work out? 983 00:50:12,880 --> 00:50:14,359 Speaker 2: Am I going to be kind to my wife? Am 984 00:50:14,400 --> 00:50:16,360 Speaker 2: I going to find special time alone away from a 985 00:50:16,440 --> 00:50:18,799 Speaker 2: phone with my children? Am I going to deal with 986 00:50:18,920 --> 00:50:21,799 Speaker 2: a complex work situation where I'm proud of the way 987 00:50:21,800 --> 00:50:25,160 Speaker 2: that I handle it versus not like you control a lot? 988 00:50:25,360 --> 00:50:28,440 Speaker 2: And I'm probably a little nutty in the area in 989 00:50:28,520 --> 00:50:31,359 Speaker 2: terms of putting more thought into each and every one 990 00:50:31,360 --> 00:50:33,560 Speaker 2: of those dimensions. But I think most people make the 991 00:50:33,600 --> 00:50:35,560 Speaker 2: mistake of not putting nearly enough. They just kind of 992 00:50:35,600 --> 00:50:36,440 Speaker 2: Bob along. 993 00:50:36,200 --> 00:50:38,840 Speaker 1: With that happen, and Annie Dillard says, how we spend 994 00:50:38,880 --> 00:50:41,239 Speaker 1: our days is how we spend our lives, and I 995 00:50:41,239 --> 00:50:44,759 Speaker 1: think people don't realize that to your point, every day 996 00:50:44,920 --> 00:50:49,520 Speaker 1: you make decisions and that it all is compiled to 997 00:50:49,600 --> 00:50:56,239 Speaker 1: make up your life for better for worse. When we 998 00:50:56,320 --> 00:50:59,520 Speaker 1: come back, how a founder's values can make or break 999 00:50:59,680 --> 00:51:19,759 Speaker 1: their company's morale, productivity, and more. One of the things 1000 00:51:19,800 --> 00:51:22,400 Speaker 1: I also love about the book, I think because I 1001 00:51:22,440 --> 00:51:24,880 Speaker 1: love Mike and I like the way you talk about 1002 00:51:24,920 --> 00:51:28,799 Speaker 1: Mike being this eternal optimist, how his glass isn't just 1003 00:51:28,840 --> 00:51:32,040 Speaker 1: half full, it's like overflowing. And you're more of a 1004 00:51:32,120 --> 00:51:35,640 Speaker 1: realist and a little more of a cynic. But what 1005 00:51:36,000 --> 00:51:41,040 Speaker 1: I think aligns you all and makes this partnership so powerful, 1006 00:51:41,120 --> 00:51:44,239 Speaker 1: and I think it emanates into your whole company is 1007 00:51:44,320 --> 00:51:48,600 Speaker 1: the values you espouse in your professional lives but also 1008 00:51:48,600 --> 00:51:52,080 Speaker 1: in your personal lives. Can you talk about that, because 1009 00:51:53,280 --> 00:51:56,440 Speaker 1: you know, I think that's really missing from the world 1010 00:51:56,480 --> 00:51:57,200 Speaker 1: in many ways. 1011 00:51:57,360 --> 00:52:00,560 Speaker 2: I think you nailed it. Like I'm so worried about 1012 00:52:00,600 --> 00:52:03,239 Speaker 2: the people in positions of power these days on whether 1013 00:52:03,280 --> 00:52:05,759 Speaker 2: they've thought about that values and all of us can 1014 00:52:05,800 --> 00:52:07,520 Speaker 2: sit there and think like what do you believe in? What? 1015 00:52:07,760 --> 00:52:10,279 Speaker 2: How do you want to be seen? And how do 1016 00:52:10,320 --> 00:52:11,799 Speaker 2: you want your children to see. 1017 00:52:12,200 --> 00:52:14,880 Speaker 1: It's like when David Brooks talks about eulogy values. 1018 00:52:15,040 --> 00:52:17,880 Speaker 2: Yes, but it's that like you want like like what 1019 00:52:18,040 --> 00:52:19,680 Speaker 2: and anyone can sit down and say it, like what 1020 00:52:19,680 --> 00:52:22,040 Speaker 2: are your non negotiables? Like I'm going to be honest 1021 00:52:22,040 --> 00:52:24,200 Speaker 2: even when it hurts. I am going to be transparent, 1022 00:52:24,560 --> 00:52:26,920 Speaker 2: even when even when it might not be in my 1023 00:52:27,280 --> 00:52:30,520 Speaker 2: best self interest. I Am always going to like push 1024 00:52:30,560 --> 00:52:33,560 Speaker 2: myself and others to be high achieving, but never at 1025 00:52:33,600 --> 00:52:37,480 Speaker 2: the expense of being a bad person. And here's the thing. 1026 00:52:37,520 --> 00:52:40,799 Speaker 2: And you've you've lived it in TV for sure, and 1027 00:52:40,880 --> 00:52:45,279 Speaker 2: now you're seeing it as an entrepreneur. It is insane 1028 00:52:45,440 --> 00:52:49,480 Speaker 2: how contagious we are. Insane. If you are sitting in 1029 00:52:49,520 --> 00:52:51,759 Speaker 2: a position of power, whether you're a CEO, or whether 1030 00:52:51,800 --> 00:52:54,200 Speaker 2: you're a manager, or whether you're a little league coach, 1031 00:52:54,640 --> 00:52:59,640 Speaker 2: the way you carry yourself is instantly contagious. If you 1032 00:52:59,680 --> 00:53:03,080 Speaker 2: are a good person who works hard, who gives people grace, 1033 00:53:03,120 --> 00:53:06,560 Speaker 2: who show some empathy, it almost within weeks you'll see 1034 00:53:06,560 --> 00:53:10,200 Speaker 2: it everywhere around you. That opposite is true if you're 1035 00:53:10,239 --> 00:53:14,879 Speaker 2: a jackass. If you're a truth dodger, if you are 1036 00:53:15,120 --> 00:53:18,080 Speaker 2: a mischief maker, you're a cancer. 1037 00:53:18,280 --> 00:53:20,040 Speaker 1: You're a mischief maker. You can put it in a 1038 00:53:20,080 --> 00:53:23,280 Speaker 1: bad way, but I don't see creating drama. 1039 00:53:23,360 --> 00:53:27,040 Speaker 2: Creating drama like if you're that your whole company, your 1040 00:53:27,080 --> 00:53:29,239 Speaker 2: whole team, your whole litle league team, it's going to 1041 00:53:29,280 --> 00:53:33,040 Speaker 2: be full of drama. It's going to be full of dishonorable. 1042 00:53:32,360 --> 00:53:33,920 Speaker 3: Distraction from the job of the mission. 1043 00:53:34,000 --> 00:53:36,640 Speaker 2: And it's crazy. And I think that I hate it 1044 00:53:36,920 --> 00:53:39,880 Speaker 2: when I see church leaders, or when I see political leaders, 1045 00:53:39,960 --> 00:53:45,040 Speaker 2: or I see business leaders not carrying like this. It's 1046 00:53:45,080 --> 00:53:47,120 Speaker 2: like a blessing that we have right now, not just 1047 00:53:47,120 --> 00:53:48,960 Speaker 2: to be able to that people will listen to what 1048 00:53:49,000 --> 00:53:51,440 Speaker 2: we write or to what we say, but that people 1049 00:53:51,920 --> 00:53:54,680 Speaker 2: work for us and count on us, and that people 1050 00:53:54,680 --> 00:53:57,520 Speaker 2: don't carry that and say, you have like this obligation 1051 00:53:57,800 --> 00:53:59,600 Speaker 2: to humanity inside. Not to be cheesy, but you have 1052 00:53:59,600 --> 00:54:03,120 Speaker 2: an oblation to humanity to do the best you can 1053 00:54:03,280 --> 00:54:05,719 Speaker 2: with that and to make people feel better and to 1054 00:54:05,760 --> 00:54:08,839 Speaker 2: make them do better things. And sometimes when I talk 1055 00:54:08,880 --> 00:54:12,840 Speaker 2: about are you soft man, you're woke or whatever, bullshit, like, 1056 00:54:12,880 --> 00:54:16,239 Speaker 2: there's nothing soft about me, and there's nothing woke about me, 1057 00:54:16,600 --> 00:54:19,439 Speaker 2: but there is a I think you can be really 1058 00:54:19,560 --> 00:54:23,080 Speaker 2: high achieving and you can have really awesome results and 1059 00:54:23,160 --> 00:54:26,880 Speaker 2: still be a good person, surround yourself with good people 1060 00:54:27,160 --> 00:54:29,200 Speaker 2: and then watch the echo effect of that. I think 1061 00:54:29,200 --> 00:54:31,000 Speaker 2: those are very doable, and I think a lot of 1062 00:54:31,040 --> 00:54:33,719 Speaker 2: what's in the book is helping managers figure out how 1063 00:54:33,760 --> 00:54:34,880 Speaker 2: do you put those pieces together? 1064 00:54:35,040 --> 00:54:37,720 Speaker 1: Because you're right, I think people don't aren't really taught 1065 00:54:37,760 --> 00:54:40,920 Speaker 1: how to be leaders. You know, they find themselves in 1066 00:54:41,000 --> 00:54:46,600 Speaker 1: these positions, and I think there are some you know, 1067 00:54:46,719 --> 00:54:52,080 Speaker 1: milestones and some kind of blueprint. Everybody has a different personality, 1068 00:54:52,200 --> 00:54:55,239 Speaker 1: but I think this is incredibly helpful, not only to 1069 00:54:55,400 --> 00:54:59,799 Speaker 1: people in positions of power, people who are working for them, 1070 00:55:00,040 --> 00:55:02,520 Speaker 1: who you know you want them to do well. You 1071 00:55:02,600 --> 00:55:06,360 Speaker 1: want them to rise to the occasion and then sometimes 1072 00:55:06,480 --> 00:55:08,240 Speaker 1: even rise out of your company. 1073 00:55:08,400 --> 00:55:10,359 Speaker 2: Well, think about a twenty two year old right now, 1074 00:55:10,400 --> 00:55:12,480 Speaker 2: So think about you when you're twenty two versus a 1075 00:55:12,480 --> 00:55:15,000 Speaker 2: twenty two year old. Now. I don't know about your upbringing, 1076 00:55:15,040 --> 00:55:17,960 Speaker 2: but like I went to church, I was in the 1077 00:55:18,040 --> 00:55:21,440 Speaker 2: Boy Scouts. I went to schools where I had small 1078 00:55:21,560 --> 00:55:24,040 Speaker 2: enough class sizes, where I had teachers who were intimately 1079 00:55:24,040 --> 00:55:27,080 Speaker 2: involved I played little league sports where coaches knew where 1080 00:55:27,120 --> 00:55:30,359 Speaker 2: I was, and I had parents and grandparents. So look 1081 00:55:30,360 --> 00:55:33,680 Speaker 2: at all of that moral structure that was around me. 1082 00:55:34,200 --> 00:55:36,160 Speaker 2: Now look at your kid, who's twenty sights. 1083 00:55:36,080 --> 00:55:37,600 Speaker 1: All thought you were still getting high on. 1084 00:55:37,760 --> 00:55:40,080 Speaker 2: Yeah, look at I was a screwpers by having everything 1085 00:55:40,120 --> 00:55:43,000 Speaker 2: built for me. But look at some of these kids 1086 00:55:43,000 --> 00:55:46,040 Speaker 2: coming through. They didn't have boy Scouts or girls Scouts. 1087 00:55:46,080 --> 00:55:48,600 Speaker 2: They didn't they're not going to church. They might be 1088 00:55:48,600 --> 00:55:50,200 Speaker 2: in classes that are too big for a teacher to 1089 00:55:50,200 --> 00:55:52,480 Speaker 2: pay attention to them, and they're staring at their phone 1090 00:55:52,600 --> 00:55:55,000 Speaker 2: all day looking at people who they think have a 1091 00:55:55,560 --> 00:55:58,759 Speaker 2: more entertaining life and are acuter or more handsome than. 1092 00:55:58,680 --> 00:55:59,920 Speaker 1: Them, or richer whatever. 1093 00:56:00,000 --> 00:56:02,920 Speaker 2: They're dying for leadership, dying they need it like we 1094 00:56:03,040 --> 00:56:07,080 Speaker 2: fundamentally thirst for like morality in leadership. I really do 1095 00:56:07,320 --> 00:56:09,360 Speaker 2: believe that, and I think the only place that's going 1096 00:56:09,440 --> 00:56:11,560 Speaker 2: to provide it are the people like us who are 1097 00:56:11,600 --> 00:56:14,000 Speaker 2: in positions to make it affected very little ways. I 1098 00:56:14,040 --> 00:56:15,880 Speaker 2: have five hundred people here, we want one hundred and 1099 00:56:15,880 --> 00:56:19,040 Speaker 2: fifty people maybe at HQ, but like, but you know 1100 00:56:19,520 --> 00:56:23,440 Speaker 2: you've got you said fifty people, right, forty some people? Yeah, 1101 00:56:23,480 --> 00:56:25,560 Speaker 2: that's a big difference. Those forty are then going to 1102 00:56:25,560 --> 00:56:27,680 Speaker 2: make a difference on a bunch of people in their 1103 00:56:27,680 --> 00:56:28,200 Speaker 2: own lives. 1104 00:56:28,400 --> 00:56:31,040 Speaker 1: What have you learned from from Jim and what do 1105 00:56:31,080 --> 00:56:32,200 Speaker 1: you think you've taught him. 1106 00:56:32,680 --> 00:56:35,719 Speaker 3: One of the great things about this book is it 1107 00:56:36,000 --> 00:56:39,640 Speaker 3: also is aimed at rising stars. So you mentioned the 1108 00:56:39,719 --> 00:56:45,120 Speaker 3: bad boss, and in here Jim talks about like what 1109 00:56:45,200 --> 00:56:50,120 Speaker 3: to do about a bad boss and taking feedback, giving feedback, 1110 00:56:50,840 --> 00:56:55,319 Speaker 3: taking feedback. Something that I discovered is that a lot 1111 00:56:55,320 --> 00:56:58,680 Speaker 3: of times, the way that you react to this could 1112 00:56:58,680 --> 00:57:01,239 Speaker 3: be in a relationship or in a working place. The 1113 00:57:01,280 --> 00:57:04,040 Speaker 3: way that you react to what someone tells you often 1114 00:57:04,120 --> 00:57:07,719 Speaker 3: vindicates what they said. Mike, you're a little defensive. What 1115 00:57:07,760 --> 00:57:10,399 Speaker 3: do you mean? But just yesterday I was like, we 1116 00:57:10,560 --> 00:57:14,200 Speaker 3: often do that, and if we can catch ourselves, we're 1117 00:57:14,200 --> 00:57:16,320 Speaker 3: gonna have a better relationship, We're gonna be better in 1118 00:57:16,360 --> 00:57:20,480 Speaker 3: the workplace. The biggest thing I've learned from Jim was that, 1119 00:57:20,800 --> 00:57:23,480 Speaker 3: you know me, I've always been a story hound, a newshound, 1120 00:57:23,840 --> 00:57:26,400 Speaker 3: like always thinking about sleeping. 1121 00:57:26,600 --> 00:57:27,840 Speaker 1: I used to worry about Mike. 1122 00:57:29,200 --> 00:57:30,600 Speaker 3: Now you don't have to worry because now I have 1123 00:57:30,640 --> 00:57:33,880 Speaker 3: my aura ring, which gives me a gummy crown when 1124 00:57:34,440 --> 00:57:37,800 Speaker 3: I get my good night's sleep. But I'm glad you 1125 00:57:37,840 --> 00:57:39,600 Speaker 3: said that because it's very late to the biggest thing 1126 00:57:39,960 --> 00:57:44,280 Speaker 3: that I've learned from Jim is opening the aperture of life, 1127 00:57:44,600 --> 00:57:48,920 Speaker 3: working more muscles in life, thinking beyond just like what 1128 00:57:49,040 --> 00:57:53,280 Speaker 3: is the next story, and making sure that he has 1129 00:57:53,320 --> 00:57:55,200 Speaker 3: a great way that he expresses it. He talk talks 1130 00:57:55,200 --> 00:58:01,400 Speaker 3: about his happiness matrix and having a bucket for family, 1131 00:58:01,520 --> 00:58:07,480 Speaker 3: for fitness, for faith, for community, service, for hobbies, for travel, 1132 00:58:07,880 --> 00:58:12,440 Speaker 3: and the magic is and the great insight is that 1133 00:58:13,080 --> 00:58:17,200 Speaker 3: those buckets don't automatically fill themselves. That if we're not 1134 00:58:17,400 --> 00:58:22,760 Speaker 3: intentional about investing in those buckets, it becomes work and 1135 00:58:22,800 --> 00:58:26,120 Speaker 3: then whatever's left. And that's the mistake that so many 1136 00:58:26,160 --> 00:58:29,880 Speaker 3: young people make and that I made, is that the 1137 00:58:29,920 --> 00:58:36,000 Speaker 3: default was everything being work and fitness, hobby, sleep, health, 1138 00:58:36,280 --> 00:58:40,160 Speaker 3: like all that that just squeezed in at the end. 1139 00:58:40,840 --> 00:58:45,160 Speaker 3: And so you mentioned sleep. We do a great newsletter 1140 00:58:46,520 --> 00:58:50,080 Speaker 3: every evening finish line. It's We've got more response to 1141 00:58:50,080 --> 00:58:53,040 Speaker 3: it than any newsletter we have ever gotten. And it's 1142 00:58:53,080 --> 00:58:57,320 Speaker 3: all life leadership, health, wellness, fitness. One of the great 1143 00:58:57,400 --> 00:59:02,080 Speaker 3: learnings is sweep longer, live longer. I think that's not 1144 00:59:02,160 --> 00:59:05,200 Speaker 3: intuitive to people like our people. 1145 00:59:04,960 --> 00:59:07,240 Speaker 1: I used to brag about how little sleep they needed. 1146 00:59:07,280 --> 00:59:09,320 Speaker 1: It was kind of a badge of honor. I remember 1147 00:59:09,360 --> 00:59:13,160 Speaker 1: Brian Gumblestein and I'd get by on four hours to sleep. Meanwhile, 1148 00:59:13,160 --> 00:59:15,000 Speaker 1: I'm like, how can you do that? It would run 1149 00:59:15,120 --> 00:59:16,080 Speaker 1: me for the rest month. 1150 00:59:16,520 --> 00:59:20,400 Speaker 2: I hate to do that twice every night, and then some. 1151 00:59:21,600 --> 00:59:24,800 Speaker 3: And so and so, including sleep, like both watching Jim 1152 00:59:25,040 --> 00:59:29,440 Speaker 3: talking with Jim, like his correction, like I've seen that 1153 00:59:30,840 --> 00:59:34,640 Speaker 3: looking beyond like what we're typing, like what's literally on 1154 00:59:34,680 --> 00:59:37,640 Speaker 3: your screen. In the end, that's more of a service 1155 00:59:38,000 --> 00:59:41,760 Speaker 3: to your audience and to your colleagues and to your company. 1156 00:59:42,160 --> 00:59:46,680 Speaker 3: Like if you're able to come like strong, rested, wise 1157 00:59:47,360 --> 00:59:49,479 Speaker 3: not rattled, what you're going to do a better job. 1158 00:59:49,920 --> 00:59:51,600 Speaker 2: This is one of the reasons in terms of your question, 1159 00:59:51,680 --> 00:59:53,800 Speaker 2: like what did I learn from him? Is like I 1160 00:59:53,840 --> 00:59:58,400 Speaker 2: hate these like entrepreneur CEOs, these stories of like oh, 1161 00:59:58,480 --> 01:00:01,200 Speaker 2: these like superhuman people who on their own or changing 1162 01:00:01,200 --> 01:00:03,800 Speaker 2: the world, and all we are is a collection of 1163 01:00:03,800 --> 01:00:06,240 Speaker 2: the totality of our experiences and other people like take 1164 01:00:06,240 --> 01:00:08,600 Speaker 2: away my parents, my wife, my kids, and Mike and 1165 01:00:08,960 --> 01:00:11,320 Speaker 2: like I'm nothing, Like there's no way that I would 1166 01:00:11,400 --> 01:00:14,040 Speaker 2: have had success. And with Mike the thing that you 1167 01:00:14,120 --> 01:00:17,439 Speaker 2: put your finger on, which is like just like his people. 1168 01:00:17,520 --> 01:00:19,400 Speaker 2: People don't realize he might be the most famous person 1169 01:00:19,440 --> 01:00:21,880 Speaker 2: you know who's also the most humble person you know, right, 1170 01:00:21,920 --> 01:00:25,560 Speaker 2: and like in so much graciousness and so much humility, 1171 01:00:25,720 --> 01:00:28,400 Speaker 2: and those things don't come as naturally to me as 1172 01:00:28,400 --> 01:00:30,400 Speaker 2: they do to Mike, and like, but it's rubbed off 1173 01:00:30,440 --> 01:00:31,040 Speaker 2: a come. 1174 01:00:31,080 --> 01:00:33,160 Speaker 1: But you know what I love, Jim, is that you 1175 01:00:33,240 --> 01:00:35,400 Speaker 1: admit in this book I was a schmuck or I 1176 01:00:35,520 --> 01:00:38,120 Speaker 1: was a jerk about this, or you know, I'm more 1177 01:00:38,160 --> 01:00:41,520 Speaker 1: cynical than Mike. I think it's very transparent. And by 1178 01:00:41,520 --> 01:00:43,400 Speaker 1: the way, I think that may be one of the 1179 01:00:43,400 --> 01:00:47,480 Speaker 1: most important words in this book is radical transparency and 1180 01:00:47,520 --> 01:00:51,120 Speaker 1: that you've learned that and that that is an intuitive 1181 01:00:51,280 --> 01:00:54,240 Speaker 1: either because I think that was not the business mindset 1182 01:00:54,320 --> 01:00:57,120 Speaker 1: for us growing up when we looked at corporations, this 1183 01:00:57,400 --> 01:01:00,880 Speaker 1: kind of honest being an honest broker for all your employees. 1184 01:01:01,200 --> 01:01:03,760 Speaker 2: Yeah, and like, if you think about it, if you're 1185 01:01:03,760 --> 01:01:07,400 Speaker 2: truly transparent, which is another one of those like buzzy words, 1186 01:01:07,400 --> 01:01:10,240 Speaker 2: but if you're truly transpl it means you're but it 1187 01:01:10,280 --> 01:01:12,160 Speaker 2: means you're totally you've gotten to the point in life 1188 01:01:12,200 --> 01:01:14,439 Speaker 2: where you're comfortable in your skin. Like I know there's 1189 01:01:14,440 --> 01:01:16,080 Speaker 2: gonna be some people who like me, don't like me. 1190 01:01:16,120 --> 01:01:17,880 Speaker 2: Some people like the book, somebody hate the book. Like 1191 01:01:18,360 --> 01:01:20,680 Speaker 2: I'm comfortable with that, right, I'm comfortable knowing. 1192 01:01:20,760 --> 01:01:21,840 Speaker 1: Help make it to that point. 1193 01:01:22,120 --> 01:01:24,920 Speaker 2: It's hard. I mean it's listen, it's a daily struggle, right, 1194 01:01:24,920 --> 01:01:28,600 Speaker 2: but it is like the more you can just be 1195 01:01:28,800 --> 01:01:31,600 Speaker 2: yourself and express yourself, like I would like to think 1196 01:01:31,640 --> 01:01:33,840 Speaker 2: if you talk to the people here, the reason we 1197 01:01:33,880 --> 01:01:35,240 Speaker 2: don't have a ton of drama and we do have 1198 01:01:35,240 --> 01:01:38,000 Speaker 2: pretty high productivity is I don't think they ever think 1199 01:01:38,000 --> 01:01:40,720 Speaker 2: we're full of shit, Like we'll answer everything. If we 1200 01:01:40,760 --> 01:01:43,000 Speaker 2: screw something up, I'll say, man, I screwed that one up. 1201 01:01:43,120 --> 01:01:45,400 Speaker 2: Or if we get something right, I'll say we're killing 1202 01:01:45,440 --> 01:01:47,760 Speaker 2: it here. And they're not going like, I don't know, 1203 01:01:47,840 --> 01:01:49,840 Speaker 2: is he real? Is he not real? Like that doesn't 1204 01:01:49,880 --> 01:01:51,480 Speaker 2: mean they all like me. I'm sure there's a ton 1205 01:01:51,520 --> 01:01:54,000 Speaker 2: of things people dislike about me, but but I don't 1206 01:01:54,000 --> 01:01:56,600 Speaker 2: think there's there's never a wonderment about like are we 1207 01:01:56,760 --> 01:01:57,320 Speaker 2: being straight? 1208 01:01:57,640 --> 01:02:01,240 Speaker 1: Nobody thinks you're a bullshitter, which is great, right, you know, 1209 01:02:01,960 --> 01:02:03,600 Speaker 1: people respect you for that. 1210 01:02:03,360 --> 01:02:07,120 Speaker 3: And wait, sorry, Casey. One quick thing on humility, and 1211 01:02:07,160 --> 01:02:11,120 Speaker 3: that is that as you have success personally professionally, is 1212 01:02:11,160 --> 01:02:14,240 Speaker 3: the people around this table have. Like I feel like 1213 01:02:14,280 --> 01:02:16,760 Speaker 3: one of the things that helps with humility is you 1214 01:02:16,880 --> 01:02:20,760 Speaker 3: realize a certain percentage of it was luck, for sure, 1215 01:02:21,400 --> 01:02:24,479 Speaker 3: and all the people who made it possible, the people 1216 01:02:24,480 --> 01:02:27,240 Speaker 3: who gave you a break of the person for me, 1217 01:02:27,800 --> 01:02:30,920 Speaker 3: Gail shay Nardi at the Richmond Times Dispatch and Shenandoah 1218 01:02:30,960 --> 01:02:34,080 Speaker 3: County Bureau in Stanton, Virginia, who like spend hours with 1219 01:02:34,200 --> 01:02:36,880 Speaker 3: me on the phone when I was a Washington Lee student, 1220 01:02:37,080 --> 01:02:40,360 Speaker 3: like talking through my stories, helping me write a story 1221 01:02:40,360 --> 01:02:45,040 Speaker 3: for the big boy paper, and the lessons like from Gail. 1222 01:02:45,240 --> 01:02:48,320 Speaker 3: I use this today when I write axios am. And 1223 01:02:48,360 --> 01:02:52,480 Speaker 3: there's so many people like that. And we all are 1224 01:02:52,560 --> 01:02:57,040 Speaker 3: beneficiaries of right place, right time, and definitely we had 1225 01:02:57,080 --> 01:03:02,280 Speaker 3: the wisdom and the great to use our gifts. But 1226 01:03:03,440 --> 01:03:07,440 Speaker 3: paying attention to that makes it much easier to pay 1227 01:03:07,480 --> 01:03:10,200 Speaker 3: attention to. Okay, here's what I have. How can I 1228 01:03:10,280 --> 01:03:13,600 Speaker 3: serve the audience, the colleagues, the people coming along to 1229 01:03:13,640 --> 01:03:14,680 Speaker 3: take our jobs. 1230 01:03:14,880 --> 01:03:17,080 Speaker 1: And you know, I thought it was interesting. You have 1231 01:03:17,280 --> 01:03:22,720 Speaker 1: a recommendation from mister Rogers, Fred Rogers, the kindest person 1232 01:03:22,840 --> 01:03:25,760 Speaker 1: I think in the history of the world, where you 1233 01:03:25,880 --> 01:03:29,000 Speaker 1: take a minute and you think about the people who 1234 01:03:29,040 --> 01:03:31,640 Speaker 1: helped you along the way. I love a lot of 1235 01:03:31,680 --> 01:03:34,960 Speaker 1: the sort of inherent wisdom in so much of this book, Jim, 1236 01:03:35,000 --> 01:03:38,040 Speaker 1: and I'm excited to try to live my life with 1237 01:03:38,120 --> 01:03:39,680 Speaker 1: more humanity and more thought. 1238 01:03:39,680 --> 01:03:41,400 Speaker 3: And I'm not giving you a show what people think. 1239 01:03:41,880 --> 01:03:44,800 Speaker 1: Well that I you know, I think women in particular 1240 01:03:44,960 --> 01:03:48,640 Speaker 1: are people pleasers. And you know, I find it crushing 1241 01:03:48,680 --> 01:03:51,440 Speaker 1: when people not so much when they criticize me if 1242 01:03:51,480 --> 01:03:55,400 Speaker 1: it's a legitimate thing that I believe in, but when 1243 01:03:55,400 --> 01:03:59,840 Speaker 1: they misrepresent me and misunderstand something I'm saying, that's when 1244 01:03:59,840 --> 01:04:02,480 Speaker 1: it really bugs me. But the book is divided up 1245 01:04:02,480 --> 01:04:05,880 Speaker 1: into three sections, life, work, work stuff, and boss stuff, 1246 01:04:06,520 --> 01:04:09,360 Speaker 1: And as I said, it offers a lot of nuggets 1247 01:04:09,360 --> 01:04:12,680 Speaker 1: of wisdom. Your life is a story, a long, winding, 1248 01:04:12,800 --> 01:04:17,000 Speaker 1: wildly unpredictable narrative, so write it literally. I think that's 1249 01:04:17,040 --> 01:04:20,320 Speaker 1: what you mean, right, Jim, For like thinking about what 1250 01:04:20,360 --> 01:04:22,960 Speaker 1: you're going to do every day? Or is that something different? 1251 01:04:23,160 --> 01:04:26,720 Speaker 2: Sure, no, it is. Again it goes to like understanding 1252 01:04:26,720 --> 01:04:28,600 Speaker 2: how much you control. Like on the one end, you say, God, 1253 01:04:28,600 --> 01:04:31,120 Speaker 2: it sounds self indulgent. You're worried about your own narrative. 1254 01:04:31,960 --> 01:04:34,520 Speaker 2: I want to gut check myself constantly, Like I want 1255 01:04:34,520 --> 01:04:36,640 Speaker 2: to be a great husband. I'm married twenty three years. 1256 01:04:37,040 --> 01:04:39,360 Speaker 2: I'm not always great husband. I've gotten much better at 1257 01:04:39,800 --> 01:04:41,560 Speaker 2: I want to be a great father who has like 1258 01:04:41,600 --> 01:04:44,160 Speaker 2: a really unique relationship with each one of my kids. 1259 01:04:44,440 --> 01:04:46,640 Speaker 2: The most touching thing that I can say is, like, 1260 01:04:46,640 --> 01:04:48,360 Speaker 2: in last month, I've gotten a text from each one 1261 01:04:48,400 --> 01:04:50,360 Speaker 2: of my three kids calling me their best friend. Like 1262 01:04:50,480 --> 01:04:53,280 Speaker 2: I love that, like that, but I think about that. 1263 01:04:53,440 --> 01:04:56,240 Speaker 2: I think about that all the time, about like how 1264 01:04:56,240 --> 01:04:57,800 Speaker 2: do I want people that work? I want people to 1265 01:04:57,800 --> 01:05:00,880 Speaker 2: say high character, high energy, whatever, but that that character 1266 01:05:01,040 --> 01:05:03,680 Speaker 2: is at the base of it, and I think everyone 1267 01:05:03,720 --> 01:05:06,000 Speaker 2: should do that, Like just how do you want what 1268 01:05:06,080 --> 01:05:08,600 Speaker 2: do you want to be? Like I don't understand how 1269 01:05:08,640 --> 01:05:10,880 Speaker 2: you don't do that now that I've kind of started 1270 01:05:10,880 --> 01:05:15,720 Speaker 2: doing it, because like it pasts for around seventy eighty years, right, 1271 01:05:15,800 --> 01:05:18,320 Speaker 2: and we have like sixty five that are seventy that 1272 01:05:18,360 --> 01:05:21,640 Speaker 2: are like awesome, and then it gets harder, like why 1273 01:05:21,680 --> 01:05:26,520 Speaker 2: not maximize that? Maximize like your own performance, your own happiness, 1274 01:05:26,560 --> 01:05:29,640 Speaker 2: the effect that you have on other people, and kind 1275 01:05:29,680 --> 01:05:31,560 Speaker 2: of not the legacy you leave, but just like the 1276 01:05:31,960 --> 01:05:35,240 Speaker 2: contagiousness of your own behavior. And I think if you 1277 01:05:35,360 --> 01:05:37,840 Speaker 2: do those things, like good things will happen. And going 1278 01:05:37,840 --> 01:05:39,800 Speaker 2: back to your mister, like I became obsessed with Fred 1279 01:05:39,880 --> 01:05:41,320 Speaker 2: Rodgers and it's the reason I wrote a column on 1280 01:05:41,360 --> 01:05:44,800 Speaker 2: Fred and Mike it because there is so many parallels 1281 01:05:44,840 --> 01:05:46,720 Speaker 2: between the two of them in terms of but it 1282 01:05:46,760 --> 01:05:50,840 Speaker 2: is just like crazy success but crazy humility. And like 1283 01:05:50,920 --> 01:05:53,880 Speaker 2: I've started in the last year, like writing down I 1284 01:05:53,920 --> 01:05:56,080 Speaker 2: have my own list of like who are the people 1285 01:05:56,120 --> 01:05:57,720 Speaker 2: that have made a difference in my life? And now 1286 01:05:57,720 --> 01:05:59,960 Speaker 2: it's like one hundred long, and every week or two 1287 01:06:00,000 --> 01:06:02,120 Speaker 2: we'll try to just read it just to ground you 1288 01:06:02,280 --> 01:06:05,720 Speaker 2: to remember, like we're all like I can be as 1289 01:06:05,840 --> 01:06:08,200 Speaker 2: arrogant as the next person. I could have hubris like 1290 01:06:08,240 --> 01:06:11,720 Speaker 2: anyone else, Like just like grounding yourself in that and 1291 01:06:11,880 --> 01:06:14,360 Speaker 2: not everyone should do everything in there. The idea is 1292 01:06:14,400 --> 01:06:16,720 Speaker 2: like just come up with your own little matrix of 1293 01:06:16,800 --> 01:06:18,760 Speaker 2: like what are the things that you do that are 1294 01:06:18,800 --> 01:06:21,360 Speaker 2: much more purposeful so that you're bringing in like more 1295 01:06:21,360 --> 01:06:26,200 Speaker 2: health and more success and more just like feeling satisfied 1296 01:06:26,280 --> 01:06:28,720 Speaker 2: and feeling like you're living the kind of life you 1297 01:06:28,720 --> 01:06:30,480 Speaker 2: would want, you know, to live. 1298 01:06:30,880 --> 01:06:34,160 Speaker 3: One of their dimensions of the book, Katie that comes 1299 01:06:34,240 --> 01:06:36,800 Speaker 3: naturally to Jim and doesn't come naturally to me at 1300 01:06:36,840 --> 01:06:41,000 Speaker 3: all is hard stuff. And I've gotten much better at 1301 01:06:41,040 --> 01:06:46,680 Speaker 3: that watching learning from Jim. But you gravitate toward hard stuff. 1302 01:06:46,960 --> 01:06:49,760 Speaker 2: I mean you probably experience with a startup, like at 1303 01:06:49,760 --> 01:06:52,800 Speaker 2: some point, like you just, I used to be so emotional, right, 1304 01:06:52,840 --> 01:06:55,080 Speaker 2: so I would like at political something good's happening and 1305 01:06:55,080 --> 01:06:58,200 Speaker 2: I'm waw, and something bad's happening and I'm like ah, 1306 01:06:58,320 --> 01:07:00,720 Speaker 2: And I had to learn that like, oh shit, I'm 1307 01:07:00,720 --> 01:07:02,920 Speaker 2: gonna die if I live this way. And so I 1308 01:07:02,920 --> 01:07:05,120 Speaker 2: had to learn to like, Okay, I'm just gonna like 1309 01:07:05,360 --> 01:07:07,160 Speaker 2: bad things are going to happen. That things are gonna happen. 1310 01:07:07,280 --> 01:07:10,680 Speaker 2: My job is to keep a clear mind. And over time, 1311 01:07:10,720 --> 01:07:13,280 Speaker 2: I've kind of learned to like the hard stuff. Like 1312 01:07:13,320 --> 01:07:17,080 Speaker 2: I'm really good at having the most uncomfortable, difficult conversations 1313 01:07:17,080 --> 01:07:19,640 Speaker 2: with people because I've learned to do it, like I'll 1314 01:07:19,680 --> 01:07:21,800 Speaker 2: write it down. I'll be very fair with them, I'll 1315 01:07:21,840 --> 01:07:24,760 Speaker 2: be very transparent and honest with them. I'll give them 1316 01:07:24,880 --> 01:07:27,440 Speaker 2: kind of a remedy to the problem. But I don't 1317 01:07:27,880 --> 01:07:30,680 Speaker 2: have a hard time having those conversations or dealing with 1318 01:07:30,720 --> 01:07:33,920 Speaker 2: the hard stuff of business. And it's a lot of it. 1319 01:07:33,960 --> 01:07:36,000 Speaker 2: It's like mindset a lot of It's just like we've 1320 01:07:36,000 --> 01:07:38,760 Speaker 2: had two startups and crazy media, and we deal with 1321 01:07:38,800 --> 01:07:41,640 Speaker 2: so much bad stuff that maybe it beat the carrying 1322 01:07:41,720 --> 01:07:44,200 Speaker 2: out of me, so I'm able to look at it 1323 01:07:44,240 --> 01:07:47,960 Speaker 2: more clinically. But yeah, I think people. That's why I 1324 01:07:48,000 --> 01:07:51,000 Speaker 2: write a lot about firing, Like I hate how companies 1325 01:07:51,040 --> 01:07:54,280 Speaker 2: treat people. I think it is so bad when someone 1326 01:07:54,320 --> 01:07:57,360 Speaker 2: loses their job and they didn't see it coming. Whereas 1327 01:07:57,400 --> 01:07:59,560 Speaker 2: it's not that I like firing people, but I think 1328 01:07:59,560 --> 01:08:01,240 Speaker 2: you'd be hard press to find more than one or 1329 01:08:01,240 --> 01:08:04,560 Speaker 2: two people who dislike me, even if I personally fired them, 1330 01:08:04,840 --> 01:08:07,760 Speaker 2: because by what I would like them to say is like, Oh, 1331 01:08:07,880 --> 01:08:10,320 Speaker 2: Jim wrote me this very thoughtful note on what's wrong. 1332 01:08:10,400 --> 01:08:13,320 Speaker 2: He did not sugarcoat it. It was hard to read. 1333 01:08:13,600 --> 01:08:16,080 Speaker 2: He then followed up with a conversation. He showed me 1334 01:08:16,080 --> 01:08:19,360 Speaker 2: how to correct it. When he decided it wasn't corrected, 1335 01:08:19,600 --> 01:08:23,160 Speaker 2: he brought me in and he thanked me for everything 1336 01:08:23,200 --> 01:08:25,439 Speaker 2: he did but said, you're not going to work here, Like, 1337 01:08:25,520 --> 01:08:28,120 Speaker 2: if you can do that, at least you've given that, 1338 01:08:28,640 --> 01:08:32,240 Speaker 2: you've thrown as much humanity into a difficult situation as 1339 01:08:32,280 --> 01:08:35,040 Speaker 2: you possibly could. And most people don't why because they 1340 01:08:35,080 --> 01:08:37,960 Speaker 2: hate hard conversations. I hate it. It makes him feel 1341 01:08:38,320 --> 01:08:40,680 Speaker 2: so uncomfortable. Well, that's self indulgore. 1342 01:08:40,760 --> 01:08:43,480 Speaker 1: And so many leaders are so awful. 1343 01:08:43,280 --> 01:08:47,760 Speaker 2: Awful, awful at it, awful almost everybody the other's all. 1344 01:08:48,000 --> 01:08:49,959 Speaker 1: I'm just going to do a couple of little nuggets 1345 01:08:50,000 --> 01:08:51,760 Speaker 1: and then I'm going to let you guys get back 1346 01:08:51,800 --> 01:08:54,639 Speaker 1: to running your company. Almost every great thing in life 1347 01:08:54,640 --> 01:08:57,160 Speaker 1: starts with serendipity. Mike, you kind of suggested it that 1348 01:08:57,320 --> 01:09:00,400 Speaker 1: usually someone or something new entering your life by chance. 1349 01:09:01,120 --> 01:09:04,760 Speaker 1: Basically as you were saying, not only recognizing that, but 1350 01:09:05,600 --> 01:09:09,120 Speaker 1: something you mentioned about luck, you have to sort of 1351 01:09:09,360 --> 01:09:14,280 Speaker 1: recognize and capitalize on those lucky encounters and situations. 1352 01:09:14,360 --> 01:09:14,599 Speaker 2: Right. 1353 01:09:14,960 --> 01:09:19,519 Speaker 1: So it's part luck, but also part knowing what the 1354 01:09:19,600 --> 01:09:21,479 Speaker 1: luck can lead to, right, one hundred percent. 1355 01:09:21,640 --> 01:09:24,479 Speaker 3: And a specific dimension of that is having the self 1356 01:09:24,520 --> 01:09:26,880 Speaker 3: awareness or having people in your life to help you 1357 01:09:26,960 --> 01:09:30,200 Speaker 3: see what your gift is. Like when I talk to 1358 01:09:30,320 --> 01:09:33,280 Speaker 3: students house, some of the kind of a three four 1359 01:09:33,320 --> 01:09:35,759 Speaker 3: step process, like the first one to have a gift 1360 01:09:35,840 --> 01:09:38,320 Speaker 3: that's not up to you, But the second one is 1361 01:09:38,640 --> 01:09:42,040 Speaker 3: like recognize it and hone it. And think of how 1362 01:09:42,120 --> 01:09:47,720 Speaker 3: many of your social friends, classmates, very far along in 1363 01:09:47,800 --> 01:09:51,639 Speaker 3: life realized what their gift was, sometimes even after they're 1364 01:09:51,880 --> 01:09:54,600 Speaker 3: working life right, like so many people don't writ it. 1365 01:09:54,680 --> 01:09:58,600 Speaker 3: And then third of what Jim talked about is nirvana 1366 01:09:58,680 --> 01:10:01,160 Speaker 3: is having somebody who will pay you to exploit your 1367 01:10:01,200 --> 01:10:04,120 Speaker 3: gift right, pay you to do what you're going to do. 1368 01:10:04,400 --> 01:10:07,599 Speaker 3: And then the secret where I'm at is passed along 1369 01:10:07,680 --> 01:10:10,959 Speaker 3: and who can you help awaken that gift. 1370 01:10:10,760 --> 01:10:14,559 Speaker 1: In be a quitter? That threw me? Be a quitter. 1371 01:10:15,240 --> 01:10:19,000 Speaker 1: We're We're taught don't don't give up, don't quit never 1372 01:10:19,120 --> 01:10:21,559 Speaker 1: never never give in? Does wasn't that Winston Churchill? 1373 01:10:21,680 --> 01:10:24,519 Speaker 2: Yeah, but sometimes you have to quit. Like the example 1374 01:10:24,560 --> 01:10:27,800 Speaker 2: I use is I was on the Pulitzer board for prizes. 1375 01:10:27,840 --> 01:10:29,720 Speaker 2: It's like the one of the most esteemed things you 1376 01:10:29,720 --> 01:10:31,240 Speaker 2: could do in journalism. It was supposed to be a 1377 01:10:31,320 --> 01:10:33,920 Speaker 2: nine year commitment. I was three years in and I 1378 01:10:34,000 --> 01:10:37,360 Speaker 2: realized I'm trying to run a company and read fifteen 1379 01:10:37,360 --> 01:10:41,160 Speaker 2: books and judge all these categories like it's not healthy 1380 01:10:41,200 --> 01:10:43,400 Speaker 2: for my relationship with my kids or my time, and 1381 01:10:43,439 --> 01:10:45,960 Speaker 2: I quit and like usually, no, I don't think anyone 1382 01:10:45,960 --> 01:10:47,720 Speaker 2: had ever quit the board, like you just didn't do it. 1383 01:10:47,760 --> 01:10:48,920 Speaker 2: And I think they looked at me like I was 1384 01:10:48,920 --> 01:10:51,040 Speaker 2: an alien, but I was like, I'm just like someone 1385 01:10:51,080 --> 01:10:53,479 Speaker 2: else can give more time to this. And I think 1386 01:10:53,720 --> 01:10:56,439 Speaker 2: quitting bad relationships that's a big one, Like how many 1387 01:10:56,479 --> 01:10:59,000 Speaker 2: times did we think we could change somebody or do 1388 01:10:59,080 --> 01:11:01,400 Speaker 2: we think somebody would or I don't know, it's not 1389 01:11:01,479 --> 01:11:04,200 Speaker 2: that bad, like you can quit it, like that is 1390 01:11:04,240 --> 01:11:07,000 Speaker 2: a If there's one thing we've really nailed at Axios 1391 01:11:07,120 --> 01:11:09,680 Speaker 2: is like we have gotten rid of people who are 1392 01:11:09,840 --> 01:11:13,400 Speaker 2: just not good people, even when they're super talented. And 1393 01:11:13,920 --> 01:11:15,800 Speaker 2: we made a corporate choice to do that, but you 1394 01:11:15,880 --> 01:11:19,599 Speaker 2: make an individual choice, right. We always justify it. And 1395 01:11:19,640 --> 01:11:21,600 Speaker 2: it's like the minute you get rid of it, you 1396 01:11:21,600 --> 01:11:24,840 Speaker 2: can just feel it lift. Like these people who suck 1397 01:11:24,880 --> 01:11:28,080 Speaker 2: your soul and your energy, these leeches, like duh, you 1398 01:11:28,120 --> 01:11:28,880 Speaker 2: gotta get them out of. 1399 01:11:28,880 --> 01:11:30,840 Speaker 1: Your life, and you have to do. 1400 01:11:30,800 --> 01:11:32,200 Speaker 2: It fast, right, rip it off. 1401 01:11:32,280 --> 01:11:35,720 Speaker 1: It's always higher, slow, fire fast right, the. 1402 01:11:35,800 --> 01:11:38,599 Speaker 3: Power of now, and that that is one of our 1403 01:11:39,040 --> 01:11:43,360 Speaker 3: true learnings in business is the second, and this is 1404 01:11:43,360 --> 01:11:45,720 Speaker 3: true in your personal life and your professional life. The 1405 01:11:45,840 --> 01:11:49,280 Speaker 3: second you realize you should do something, move on it. 1406 01:11:49,360 --> 01:11:52,040 Speaker 1: And you also say, trust your gut, you know, which 1407 01:11:52,080 --> 01:11:54,759 Speaker 1: I think is really important too, because I think people 1408 01:11:54,800 --> 01:11:57,680 Speaker 1: hear a little voice in their head and they're like, ah, no, no, no, 1409 01:11:58,040 --> 01:12:01,080 Speaker 1: that's not right. But more often than you say, it's 1410 01:12:01,120 --> 01:12:04,519 Speaker 1: important because what your gut is telling you is actually right. 1411 01:12:04,560 --> 01:12:06,519 Speaker 2: I would say, particularly the older you get right. Like 1412 01:12:06,560 --> 01:12:08,920 Speaker 2: I think we underestimate the power of our intuition. We 1413 01:12:08,960 --> 01:12:10,880 Speaker 2: almost always know the right thing to do, we don't 1414 01:12:10,920 --> 01:12:12,960 Speaker 2: always act on it. If you just act on it, 1415 01:12:13,240 --> 01:12:15,479 Speaker 2: you can clean up the ten percent you get wrong. 1416 01:12:15,840 --> 01:12:17,799 Speaker 2: Otherwise you think yourself into a pretzel. 1417 01:12:18,040 --> 01:12:20,160 Speaker 1: I think we've covered a couple of the other ones. 1418 01:12:20,680 --> 01:12:24,000 Speaker 1: Persistently pursue work so personally satisfying that you would do 1419 01:12:24,040 --> 01:12:26,840 Speaker 1: it for free. I think we covered that. The importance 1420 01:12:26,840 --> 01:12:30,439 Speaker 1: of candor, I think we covered that. But the final 1421 01:12:31,080 --> 01:12:34,720 Speaker 1: piece of wisdom, when shit happens shine I. 1422 01:12:34,680 --> 01:12:38,480 Speaker 2: Think, which is like that's an original. That is our phraseology. 1423 01:12:38,680 --> 01:12:41,400 Speaker 2: The idea is like, and you can do this like 1424 01:12:41,600 --> 01:12:43,600 Speaker 2: that bad things are going to happen. It is so 1425 01:12:43,720 --> 01:12:45,960 Speaker 2: easy for me to be good or nice or kind 1426 01:12:46,040 --> 01:12:50,439 Speaker 2: or gracious when everything is awesome. It's really hard when 1427 01:12:50,439 --> 01:12:53,320 Speaker 2: shit hits the fan and like someone does something wrong 1428 01:12:53,439 --> 01:12:56,840 Speaker 2: or there's an awful situation, and that is the moment 1429 01:12:56,880 --> 01:12:59,559 Speaker 2: where you have to really think, Okay, how do I 1430 01:12:59,600 --> 01:13:03,200 Speaker 2: handle that this complicated situation in a way that like 1431 01:13:03,240 --> 01:13:05,160 Speaker 2: my kids would be proud if they were watching it, 1432 01:13:05,200 --> 01:13:08,000 Speaker 2: and that my employees, even if they don't like what 1433 01:13:08,040 --> 01:13:10,559 Speaker 2: we're going through, will say, man, that was handled well. 1434 01:13:10,800 --> 01:13:13,320 Speaker 2: And I so when we have these really bad situations, 1435 01:13:13,400 --> 01:13:15,920 Speaker 2: I almost think of myself as having this out of 1436 01:13:15,920 --> 01:13:19,879 Speaker 2: body experience and watching me, like how are you handling yourself? 1437 01:13:20,240 --> 01:13:22,200 Speaker 2: Because everyone's going to feed off of it. It goes 1438 01:13:22,200 --> 01:13:25,040 Speaker 2: to the contagious nature of leadership. Like people, if I'm 1439 01:13:25,720 --> 01:13:28,880 Speaker 2: fidgety and I'm angry, They're going to be fidgety and angry. 1440 01:13:28,880 --> 01:13:31,400 Speaker 2: Whereas like say, listen, this is bad, here's what's happening, 1441 01:13:31,640 --> 01:13:34,759 Speaker 2: here's how we're thinking about it. Once you have a decision, 1442 01:13:34,800 --> 01:13:36,760 Speaker 2: here is exactly what we're going to do and why 1443 01:13:36,840 --> 01:13:38,320 Speaker 2: we're doing it. And here's why. I know you're not 1444 01:13:38,360 --> 01:13:40,760 Speaker 2: going to like it, but this is why. But why 1445 01:13:40,760 --> 01:13:43,519 Speaker 2: I'm doing it and why I'm addressing the thing you 1446 01:13:43,520 --> 01:13:46,120 Speaker 2: don't like about it, and then you know you again. 1447 01:13:46,240 --> 01:13:48,080 Speaker 2: I think if you do these things, you get a 1448 01:13:48,080 --> 01:13:50,280 Speaker 2: lot better at it. It's like it's like riding a bike. 1449 01:13:50,439 --> 01:13:52,679 Speaker 2: You just have to do these things over and over. 1450 01:13:52,760 --> 01:13:55,200 Speaker 2: And then they go from, oh, I'm thinking about it too, 1451 01:13:55,240 --> 01:13:56,519 Speaker 2: it's just part of your fabric. 1452 01:13:56,600 --> 01:13:58,719 Speaker 1: There's another thing about shit and nibbling. 1453 01:13:59,160 --> 01:14:02,160 Speaker 2: What was that I stole that? That was it's not original, 1454 01:14:02,560 --> 01:14:04,559 Speaker 2: and I credited him was Ben Horowitz and the Hard 1455 01:14:04,600 --> 01:14:08,320 Speaker 2: Things about hard things. And he had this line that 1456 01:14:08,400 --> 01:14:10,120 Speaker 2: I stuck with me, which was like, when you got 1457 01:14:10,160 --> 01:14:12,840 Speaker 2: to eat shit, don't nibble, which his point was. 1458 01:14:13,520 --> 01:14:16,240 Speaker 1: That is a very gross It is a very gross. 1459 01:14:15,800 --> 01:14:18,479 Speaker 2: But when you think about the context, it's perfect because 1460 01:14:18,479 --> 01:14:21,640 Speaker 2: the whole idea is that you know that you have 1461 01:14:21,680 --> 01:14:23,280 Speaker 2: to fire someone, or you know you got to shut 1462 01:14:23,280 --> 01:14:25,120 Speaker 2: down a business, or you know you've got to get 1463 01:14:25,120 --> 01:14:28,599 Speaker 2: out that we have this tendency to just delay, delayed, delay, 1464 01:14:28,640 --> 01:14:31,240 Speaker 2: and his thing is like, just eat it. I can 1465 01:14:31,280 --> 01:14:33,560 Speaker 2: get out because you're going to do it eventually. And 1466 01:14:33,600 --> 01:14:36,040 Speaker 2: the quicker you get to fixing and the better. 1467 01:14:35,840 --> 01:14:39,160 Speaker 1: It is, well, I mean, again, I could stay here 1468 01:14:39,200 --> 01:14:42,000 Speaker 1: for hours. I love talking to both of you. The 1469 01:14:42,040 --> 01:14:45,680 Speaker 1: book is just the good stuff, no BS Secrets to 1470 01:14:45,760 --> 01:14:48,080 Speaker 1: success no matter what life throws at you. You know, 1471 01:14:48,120 --> 01:14:51,920 Speaker 1: We're having a retreat with our company later this week 1472 01:14:52,280 --> 01:14:55,120 Speaker 1: and I am going to support the author and I 1473 01:14:55,160 --> 01:14:58,760 Speaker 1: am going to buy forty copies of this yeahs you 1474 01:14:58,800 --> 01:15:02,519 Speaker 1: employees and and I think I'm going to also make 1475 01:15:02,600 --> 01:15:05,599 Speaker 1: them listen to this podcast. 1476 01:15:04,720 --> 01:15:09,200 Speaker 2: There will anyways, Yeah, we love it. 1477 01:15:09,280 --> 01:15:12,320 Speaker 1: But anyway, thank you guys so much. It was really fun. Love. 1478 01:15:12,960 --> 01:15:16,479 Speaker 3: Thank you for being a very very very early encourager supporter. 1479 01:15:16,680 --> 01:15:18,719 Speaker 1: Yes, by the way, I do deserve a little credit. 1480 01:15:18,800 --> 01:15:20,920 Speaker 1: I wasn't going to bring this up in Mike's origin 1481 01:15:21,040 --> 01:15:24,720 Speaker 1: story with I mean, do you want to share that Mike? Uh. 1482 01:15:25,080 --> 01:15:28,640 Speaker 3: Katie Kirk has always had great ideas, and one of 1483 01:15:28,640 --> 01:15:34,280 Speaker 3: her great ideas the origin of axios am the newsletter 1484 01:15:34,360 --> 01:15:39,439 Speaker 3: that I appreciate your reading every morning. That it started 1485 01:15:39,439 --> 01:15:42,479 Speaker 3: as an email that I wrote to my two bosses 1486 01:15:42,600 --> 01:15:46,479 Speaker 3: at Politico and it said in the subject line, how 1487 01:15:46,520 --> 01:15:47,679 Speaker 3: we can rock today? 1488 01:15:48,320 --> 01:15:52,400 Speaker 1: And then yes, and I started. So I was anchoring 1489 01:15:52,400 --> 01:15:55,960 Speaker 1: the CBS Evening News and Mike started sending me this 1490 01:15:56,120 --> 01:15:58,880 Speaker 1: email and I was like, oh, my god, this is 1491 01:15:58,920 --> 01:16:00,680 Speaker 1: so helpful. You remember how they used to have the 1492 01:16:00,760 --> 01:16:03,960 Speaker 1: ap playbook when you know, back in the dark ages, 1493 01:16:04,320 --> 01:16:06,920 Speaker 1: I was like, this is so great, so helpful. It 1494 01:16:07,040 --> 01:16:10,680 Speaker 1: sets the scene for the day, and you should make 1495 01:16:10,720 --> 01:16:13,639 Speaker 1: this available to so many people. They would pay for. 1496 01:16:13,560 --> 01:16:17,920 Speaker 2: This now look at us. 1497 01:16:19,160 --> 01:16:22,439 Speaker 1: So I feel a little bit pride of ownership with 1498 01:16:22,520 --> 01:16:26,920 Speaker 1: Mike's not really, but I do think you know, I 1499 01:16:27,040 --> 01:16:27,400 Speaker 1: was right. 1500 01:16:27,640 --> 01:16:29,920 Speaker 3: When Katie Kirk has an idea, listen. 1501 01:16:33,080 --> 01:16:36,120 Speaker 1: To and when she has a bad idea, tell her. 1502 01:16:37,120 --> 01:16:42,400 Speaker 3: And I will bring candor but grace and and at 1503 01:16:42,400 --> 01:16:45,000 Speaker 3: the same time we will be always be respectful. 1504 01:16:45,200 --> 01:16:48,639 Speaker 1: Yeah, well and she won't care what we think. No, well, yes, 1505 01:16:48,680 --> 01:17:00,759 Speaker 1: I will working on that. Thanks guys, appreciate it. Thanks 1506 01:17:00,840 --> 01:17:03,720 Speaker 1: for listening. Everyone. If you have a question for me, 1507 01:17:04,120 --> 01:17:06,599 Speaker 1: a subject you want us to cover, or you want 1508 01:17:06,640 --> 01:17:10,000 Speaker 1: to share your thoughts about how you navigate this crazy world, 1509 01:17:10,360 --> 01:17:13,280 Speaker 1: reach out. You can leave a short message at six 1510 01:17:13,439 --> 01:17:16,960 Speaker 1: h nine five point two five to five five, or 1511 01:17:17,000 --> 01:17:19,599 Speaker 1: you can send me a DM on Instagram. I would 1512 01:17:19,640 --> 01:17:22,679 Speaker 1: love to hear from you. Next Question is a production 1513 01:17:22,800 --> 01:17:27,280 Speaker 1: of iHeartMedia and Katie Kuric Media. The executive producers are Me, 1514 01:17:27,600 --> 01:17:32,360 Speaker 1: Katie Kuric and Courtney Ltz. Our supervising producer is Ryan Martz, 1515 01:17:32,880 --> 01:17:37,759 Speaker 1: and our producers are Adriana Fazzio and Meredith Barnes. Julian 1516 01:17:37,840 --> 01:17:42,960 Speaker 1: Weller composed our theme music. For more information about today's episode, 1517 01:17:43,120 --> 01:17:45,519 Speaker 1: or to sign up for my newsletter, wake Up Call, 1518 01:17:45,960 --> 01:17:48,880 Speaker 1: go to the description in the podcast app, or visit 1519 01:17:48,960 --> 01:17:52,160 Speaker 1: us at Katiecuric dot com. You can also find me 1520 01:17:52,240 --> 01:17:55,920 Speaker 1: on Instagram and all my social media channels. For more 1521 01:17:56,000 --> 01:18:01,360 Speaker 1: podcasts from iHeartRadio, visit the iHeartRadio app, Apple Podcasts, or 1522 01:18:01,360 --> 01:18:03,439 Speaker 1: wherever you listen to your favorite shows,