084: Ned Spieker | The Path to Billionaire

The Hard Way w/ Joe De Sena

Spartan Races

Fitness, Alternative Health, Health & Fitness, 792700

4.7 • 870 Ratings

🗓️ 29 March 2016

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If Ned Spieker is a typical billionaire real estate mogul, then the path to success isn’t what you might expect. According to Spieker, it’s not about being an autocrat, but being a servant, not creating a hierarchy, but sharing responsibility, and not about wanting it all, but starting small and working very hard. Serendipity, Spieker admits, plays a big part, but that’s out of our hands regardless. It often takes a little luck to get past seemingly insurmountable obstacles. But in the meantime we have to lay the groundwork that effectively loads the dice in our favor.

Lessons:
1. When you’re going through difficult episodes they’re crises; but in hindsight they’re blips.
2. Self esteem is earned; you can’t give it.
3. Good leaders eat last: when you serve your people and build trust they will work harder and smarter as a result.

Transcript

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0:00.0	You're listening to Spartan Up Podcast. We're going to interview somebody every week from all over the world and see what they did in their life to become successful, no matter how they define it.
0:17.3	Welcome to Spartanup Podcast.com. I'm trying to buy some terrific people. I'm going to start behind the camera this time with Marion, our producer. She's going to point the camera at my
0:21.6	good friend Sethra. I'm going to come over camera at my good friend Sefra.
0:23.0	I'm going to come over to Colonel Tim Nye, my other good friend, and Joe.
0:28.0	Who needs no introduction?
0:32.0	Another guy who doesn't need much of an introduction,
0:35.0	Mr Speaker, his first name, Ned Speaker,
0:38.4	this guy is pretty extraordinary.
0:41.0	What, I think a lot of us would be billionaires if we weren't worried about giving up the work life balance
0:46.7	It's the main reason I haven't become a billionaires. I've always been great as well you
0:50.0	Colonel big concern so this guy is a multi-billionaire who has the most
0:56.2	astonishing work-life balance and wait do you see what he has to say about that?
1:00.2	It's pretty incredible. Well you're right I mean we could take away his
1:02.7	lessons and probably many of us could just go out now that we've got the secret
1:06.4	hanging to be a billionaire by dinner time now yeah yeah and and I'll be home for dinner
1:10.6	you'll see what I mean in a minute.
1:17.0	Joe here, Spartan up the podcast. We are in Menlo Park, California. This is the epicenter of Venture Capital, right?
1:21.0	Right.
1:22.0	That's where it all happened. When did it start here? Oh, venture
1:24.1	capital started probably in the 60s. The 60s. Even the late 50s. This is Ned
1:29.0	Speaker, right? Yes. Yes. And a German name. He has been super successful, public companies, real estate, and now retirement homes.
1:41.0	Correct. And so we're going to get into what made you successful?
	...

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