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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC Alain De Botton on Why Companies Are Not Families | Why Status is Making You Miserable | Why Parents Want Their Kids to Fail | Why We Are Richer Yet More Anxious Than Ever & Why You Should Not Always "Be Yourself"

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4637 Ratings

🗓️ 18 November 2024

⏱️ 72 minutes

🧾️ Download transcript

Summary

Alain De Botton is one of the greatest philosophers of our time. His work has had a profound impact on me more than any other. I have wanted to do this episode for the last 8 years. 

In Today’s Episode with Alain De Botton We Discuss:

1. Why Status is Making You Miserable: 

  • Why are we richer yet more anxious than ever?

  • What is the right way to define status? Why do we want it so much?

  • Is it bad to want status? What are some non-obvious signs that you are seeking status when you do not realise it?

  • Does social media enhance the desire for status? How so?

  • Do the happiest people want status the least? What are Alain’s biggest observations in how truly happy people think about status?

2. Why Parents Want You To Fail: 

  • Why is the sign of good parenting when your child does not want to be famous?

  • Why do your parents sometimes want you to fail? 

  • What should parents do if their child wants to chase an unachievable goal?

  • Why should parents encourage their children to start very early? 

3. Why Meritocracy is a Fallacy & Meaningful Work:

  • Why does Alain believe a true meritocracy is an impossible dream?

  • Why is meritocracy a bad thing when taken to the extreme?

  • Why does Alain believe that companies are not families?

  • Why does Alain tell people that they should not bring their full selves to work? 

4. WTF is “Meaningful Work”: 

  • What does it mean to do “meaningful work”?

  • Why do humans need to do “meaningful work” today in a way that we did not many years ago?

  • What are Alain’s biggest pieces of advice to young people today, unsure of what they should do with their lives and careers?

  • Why does Alain believe the idea of a “calling” is BS?

5. Ambition, Achievement and Sacrifice:

  • What does Alain mean when he says “you have to tolerate your own averageness”?

  • What does Alain say to the young generation who want work/life balance?

  • What does Alain mean when he said you “cannot be at war with yourself”?

  • Does Alain agree that to achieve you must sacrifice?

 

 

Transcript

Click on a timestamp to play from that location

0:00.0

A marker of good parenting is that your child doesn't have any wish to be famous.

0:04.5

There's tremendous envy within families and within people.

0:08.1

Envy is one of the key motivators.

0:10.0

People are envious of their children.

0:11.2

The problem with modern society is that everybody wants to be big.

0:14.8

Everybody wants to matter.

0:15.9

If you don't have a plan, you'll full prey to the plans of others.

0:19.0

What goes wrong often in people's lives is they don't really

0:21.1

have a plan. When companies start talking about loving their employees and being a family,

0:25.2

etc., they've tied themselves in a knot. They've borrowed the language of private life in order to

0:30.3

foster a short-term sense of togetherness. This is 20VC with me, Harry Stebbings.

0:35.3

Now, the show today is one of the most meaningful we have ever done.

0:38.3

Alande Botton has had a huge impact on how I think, act and lead. He's one of the greatest philosophers of our time.

0:45.1

And this is one of the most broad, but really impactful discussions we've ever had on everything from capitalism to ambition, status, what it means to be a loser, parenting, and so much more.

0:56.9

It's one of my favorite conversations we've ever done on the show.

1:00.3

But before we dive in today, we're excited to ignite your curiosity with a journey into the

1:04.9

world of transformative ideas. If you're driven by the pursuit of knowledge and personal growth,

1:10.3

you'll love exploring the vast

1:11.9

collection of insightful book summaries on the Blinkist app. So with Blinkist, you can access

1:17.2

expertly crafted summaries that distill the essence of thousands of influential books, allowing

1:22.7

you to read or listen to each in just 15 minutes. I know they beat 20VC. Being recommended by the New York

1:29.6

Times and Apple CEO Tim Cook, it's no surprise that 82% of Blinkist users see themselves as

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