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So Money with Farnoosh Torabi

870: Alex Banayan, Author of The Third Door

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 8 April 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

Our guest today is Alex Banayan, who grew up in Southern California. The son of Iranian immigrants who had financial struggles and wished for Alex to experience a better life. And while he didn’t quite meet their initial expectations. (like many Iranian parents, he was encouraged to become a doctor, a lawyer, an academic), the 26-year-old has today accomplished more than many do in a lifetime. Frustrated at school and tempted to venture on his own to discover the secrets to success, he dropped out and embarked on a quest to interview some of the most accomplished and most difficult people to reach, Bill Gates, Quincy Jones, Maya Angelou, many more. Their conversations and Alex’s own coming of age story and how he managed to score these interviews are in his book, The Third Door: The Wild Quest to Uncover How the World’s Most Successful People Launched their Careers. How did Alex land these interviews? What’s the meaning of the third door? And how did winning the price is right contribute to all of this? We’re in for a treat, I have a special cohost with me today, George Itzhak, who is a producer for NBC news, a friend of mine and an incredible human being who has been on this show as a guest before on So Money. George actually found Alex for me, recommended him for this podcast, loved his idea and we all decided, let’s get together, we went to NBC studios and recorded this. One of the few times I actually left my apartment to record an interview. This is a special one. For more visit www.thirddoorbook.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Moneyan, episode 870, Alex Banyan, author of the third door.

0:05.0

You're listening to So Money, with award-winning money guru Farnu Shorabi.

0:11.0

Each day, get a 30 minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnuus yourself.

0:20.0

Looking for ways to save on gas or double your double coupons?

0:24.0

Sorry, you're in the wrong place.

0:27.0

Seeking profound ways to live a richer, happier life.

0:30.0

Welcome to So Money.

0:32.0

We didn't know the realities of our family. Welcome to So Money.

0:33.4

We didn't know the realities of our family.

0:35.4

You know, I knew that we had pay less shoes and the other kids had cool shoes.

0:39.8

But like, again, I had shoes, so it was cool.

0:41.7

Like no complaints? I had shoes, so it was cool. Like no complaints.

0:42.8

I had no idea that when I was five,

0:46.8

my dad's used car lot went bankrupt.

0:50.0

And that my mom had taken out a second mortgage on the house to help pay for our schooling.

0:57.0

Our guest today is Alex Bannayan, who grew up in Southern California, the son of Iranian immigrants who, as you heard, had financial struggles and wished for Alex to experience a better

1:09.2

life.

1:10.2

And while he didn't quite meet their initial expectations, like many Iranian parents, he was encouraged to become a doctor, a lawyer, an academic.

1:19.0

The 26-year-old has today accomplished more than many do in a lifetime.

1:23.2

Frustrated at school and tempted to venture on his own to discover the secrets to success.

1:28.0

He dropped out and embarked on a quest to interview some of the most accomplished and most difficult people to reach, Bill Gates,

1:35.6

Quincy Jones, Maya Angelou, many more.

...

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