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Founders

#316 Bugatti

Founders

David Senra

History, Entrepreneurship, Business, Technology

4.82.4K Ratings

🗓️ 14 August 2023

⏱️ 63 minutes

🧾️ Download transcript

Summary

What I learned from reading The Bugatti Story by L’Ebe Bugatti. --- Join my free email newsletter to get my top 10 highlights from every book --- (2:01) If there was a prototype operation for what Enzo Ferrari envisioned it had to be what the legendary Ettore Bugatti built in Molsheim. — Enzo Ferrari: The Man and the Machine by Brock Yates. (Founders #220) (7:00) Go Like Hell: Ford, Ferrari, and Their Battle for Speed and Glory at Le Mans by A. J. Baime. (Founders #97) (14:30) I determined to build a car of my own. I had realized by then that I was completely taken by mechanics. My ideas gave me no rest. (16:00) The two inventors described to each other a singular experience: Each had imagined a perfect new product, whole, already manufactured and sitting before him, and then spent years prodding executives, engineers, and factories to create it with as few compromises as possible. — Instant: The Story of Polaroid by Christopher Bonanos. (Founders #264) (22:00) Faster progress would be made in all fields if conceit did not cause us to forget or disdain the work done by others before us. There is a tendency to believe that nothing worthy of note has been done in the past, and this has an unfortunate bearing on our judgment; thus the present trend toward mediocrity. (23:45) I was hypnotized, drawn more and more to the mechanics of motors. These exciting problems had me completely under their sway, and so began for me the hard uphill task, the thankless labor of constructing and destroying and beginning again, without a break or rest,  and for days, months, years even, until success finally rewarded all my efforts. (27:00) Bugatti made no attempt to compete with the low price models already on the market. The price of the Bugatti was higher than any other car of equal horsepower. (37:00) Bugatti is the personification of Paul Graham’s essay How To Do Great Work(Founders #314) -Work on what you have a natural aptitude for and a deep curiosity about. -Make a commitment to be the best in the world at what you do. -Care deeply about making truly great work. (42:00) All the finest trophies were won easily by engaging in every important race without pause. (44:00) Nothing is too good. Nothing is too dear. You've got to win whatever the cost. You work day and night if necessary. (44:30) There was a factory. However Molsheim was more than that. It was a house and a family. It was a little world where the attitude to things and the relations between people were out of the ordinary. (45:30) The personality of its founder continued to show in even the smallest details and unexpected ways. (46:00) You get the feeling of being suddenly confronted with something unusual and beyond classification. (49:30) His starting point was always to create the most extraordinary things. (50:30) Against the Odds: An Autobiography by James Dyson (Founders #300) (52:00) The root principle was to do things your way. It didn't matter how other people did it. As long as it works and it is exciting people will follow you. (58:30) A human life, by its very nature, has to be devoted to something or other, to a glorious or humble enterprise, an illustrious or obscure destiny. This is a strange but inexorable condition of things. — The Revolt of the Masses by Jose Ortega y Gasset ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers.” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work.  Get access to Founders Notes here.  ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

Transcript

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0:00.0

I'm sleeping a lot better because I've been reunited after several weeks away with my 8 sleep.

0:06.2

While I was in California I was meeting with a lot of founders that listen to founders and I had lunch one day with two founders and the subject of 8 sleep came up. One of the

0:14.8

founders has four 8 sleeps. The other founder has two of them. So in addition to

0:19.9

having great taste in podcasts, these two founders also take their health and wellness

0:24.3

exceptionally serious and they feel sleep as a foundation of that and so that is why they

0:28.6

make sure they have an ate sleep wherever they fall asleep at. Since I've

0:31.6

been using eight sleep and I keep my mattress ice cold. It's actually

0:34.4

cold before I even get into bed. Since I've been doing that I've noticed an extreme improvement in my own sleep. So much so that when I travel I notice its absence immediately.

0:44.0

There are very few no-brainer investments in life. I believe 8 sleep is one of them.

0:48.0

That's why they're growing like crazy.

0:49.0

That's why you have people like Mark Zuckerberg and Elon Musk, tweeting about the fact that they love their eight sleep

0:54.4

unsolicited.

0:55.2

So if you don't already have one,

0:56.5

make sure you get your own eight sleep.

0:58.1

You go to eight sleep.com, forward slash founders

1:00.3

and you can get $150 off.

1:02.0

That is eight sleep.com forward slash founders. I want to tell you

1:06.1

about another product that several of my founder friends are also using that is

1:09.8

Vesto you can check them out at get Vesto.com.

1:13.0

Vesto makes it easy for you to invest your business's idle cash.

1:16.0

They can actually help businesses of all sizes with their Treasury management.

1:20.0

When you own Treasury bills, the U.S US government has guaranteed your cash and you earn

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