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Akimbo: A Podcast from Seth Godin

Going going gone

Akimbo: A Podcast from Seth Godin

Midroll Media

Society & Culture

4.81.9K Ratings

🗓️ 19 December 2018

⏱️ 25 minutes

🧾️ Download transcript

Summary

The truth about auctions



Akimbo is a weekly podcast created by Seth Godin. He's the bestselling author of 19 books and a long-time entrepreneur, freelancer and teacher.


You can find out more about Seth by reading his daily blog at seths.blog and about the workshops at akimbo.com.


To submit a question and to see the show notes, please visit akimbo.link and press the appropriate button. 



Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Jacob Massey, Petersburg, Tennessee.

0:04.0

I'm in a seven, high, 37, high, 37, high, here, 8, time, in a minute, a, n, 30, hey, in a n, hey, in a n, n, nah, 38, 50, time, in a, time, in a, man, nine, high, in a, nine, 40, time, and a minute, 9, 40,

0:12.6

I'm 40 to be a 140,

0:14.5

40, minimum 40, a minute 40,

0:15.3

Hey, it's Seth, and this is a Kimbo.

0:19.4

We'll be back in a second, but first here's a message from our sponsor, Lenovo.

0:30.0

Hi, my name is Renata Stone and my small business is Nautary Fiber Art, which is a handmade

0:38.1

fiber textile and weaving business. And I started it about two years ago after feeling pretty burnt out with my corporate job.

0:47.0

I was honestly super tired of working a 9 to 5 in a cubicle like living for someone else's dream and not really chasing my own.

0:55.0

I really wanted to pour my time and energy and is something that mattered to me and for me that's creating anything handmade.

1:02.0

And I really love timeless classic kind of imperfect

1:05.5

silhouettes so it was the perfect way to do that. And in launching my own

1:09.7

business I knew I need a lot of help along the way so stay tuned to hear the rest of my story and to see what made a difference for me in my small business.

1:17.0

In 2010 a rock went up for auction.

1:24.0

At the time, people figured it would go for about $20 million.

1:29.0

It ended up selling for more than $40 million. In that moment the Graf pink became the most

1:38.4

expensive diamond ever sold.

1:48.0

For most of us, auctions were just an interesting sideshow, a form of entertainment,

1:50.0

something to make fun of because people with those little paddles would sit at

1:55.2

antique auctions or art auctions and buy really expensive stuff that we could

2:01.4

never own. But lately auctions are of benefit to the seller, particularly if the seller has something unique.

2:16.7

And I think it's worth taking a few minutes to think about how auctions are creeping into

...

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