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BigDeal

How AMERICA is SABOTAGING Young People’s Future | Scott Galloway

BigDeal

Codie Sanchez

Business, Investing, Entrepreneurship, Marketing

4.8681 Ratings

🗓️ 29 October 2024

⏱️ 97 minutes

🧾️ Download transcript

Summary

In this episode of The Big Deal podcast, Codie Sanchez sits down with renowned professor, author, and entrepreneur Scott Galloway. Known for his unapologetic take on social and economic issues, Scott delves into the wealth gap, generational inequality, and the profound shifts in the American economy. He discusses his latest book, The Drift, which breaks down complex economic issues into digestible insights, revealing truths about policy, tax structures, and the future of the younger generation. From practical financial advice to candid thoughts on the future of higher education and corporate America, Scott shares his unique perspective on navigating today’s economy, tackling adversity, and understanding one's place in a rapidly evolving world. Record your first video with Riverside - https://creators.riverside.fm/Codie - and use code CODIE for 15% off an individual plan. Chapters 00:00 Introduction to Scott Galloway 03:10 Wealth Transfer: Young vs. Old 06:04 The Hunger Games Economy 08:55 Education and Inequality 12:12 Political Agency and Young Voices 15:04 Economic Security and Personal Finance 21:46 The Role of Government and Spending 29:02 Investing and Diversification Strategies 32:51 The Importance of Financial Literacy 39:54 Navigating Early Career Challenges 44:54 The Role of Failure in Success 52:04 Understanding the Modern Dating Landscape 01:03:21 The Societal Impact of Young Men's Loneliness 01:05:09 The Role of Community in Young Men's Lives 01:11:19 Navigating Relationships and Masculinity 01:15:39 Concentration of Power in the Market 01:21:57 The Impact of Private Equity on Small Businesses 01:27:35 Cultural Differences in Corporate Environments 01:31:52 Elon Musk: A Complex Figure in Tech Checkout More from Codie: Free newsletter: https://contrarianthinking.biz/3XWLlZp Biz buying course: https://contrarianthinking.biz/3NhjGgN Resibrands: https://resibrands.com/ CT capital: https://contrarianthinking.biz/4eRyGOk Main st hold co: https://contrarianthinking.biz/3YfGa8u 🔗 MORE FROM BIGDEAL: 🎥 Youtube: https://www.youtube.com/@PodcastBigDeal 📸 Instagram: https://www.instagram.com/bigdeal.podcast/ 📽️ TikTok: https://www.tiktok.com/@big.deal.pod 🔗 MORE FROM CODIE SANCHEZ: 🎥 Youtube: https://www.youtube.com/@CodieSanchezCT 📸 Instagram: https://www.instagram.com/codiesanchez/ 📽️ TikTok: https://www.tiktok.com/@realcodiesanchez Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey and welcome back to those who put in the work. This is the Big Deal podcast and I'm Cody Sanchez.

0:04.7

Okay, guys. So we just had on one of actually my favorite people on the internet, Scott Galloway.

0:09.7

I didn't tell him that because I didn't want his head to get big. But Scott is fascinating. He's written

0:13.9

a billion books. He's got one of my favorite newsletters out there called No Mercy, No Malice. He's a very well-known professor. He's also made millions,

0:22.8

hundreds of millions even, lost hundreds of millions, and has played this game of wealth incredibly

0:27.3

well. But the part that I actually like the best about Scott for all of you is that he's willing

0:31.8

to tell the ridiculously hard truths on both sides of the coin and then back it up with a massive

0:36.2

amount of data and a pretty

0:37.7

giant brain. And he does it in a funny way that it's like hard to not pay attention to. In fact,

0:45.4

Scott is so much of a rascal that this is some of the stuff that people have said about him.

0:50.2

A walking applause break, Bill Maher. Insufferable numbskall, Elon Musk, intelligent, thoughtful, sometimes snarky, and often humorous, huff post. He has this new book out now called The Drift that I just hammered through before listening to this podcast. I'd already read a bunch of his other books like algebra of happiness in the big four. They're really good. They're really digestible. And also if you're wondering, the fuck is going on in the U.S. right now, a drift is kind of like, let me tell you

1:15.2

what's going on in a hundred charts. So you've got no excuse even if you don't like to read.

1:19.5

Supdad. You could definitely read this book. Let's just get into it because it's too good.

1:24.1

And as I was saying to the guys here on the podcast, my job was super easy because I just kind of go, hey, Scott, you like stuff? And then he gives me a dissertation.

1:31.7

So without further ado, Scott Galloway. You can find him on all the socials at Scott Galloway or

1:36.5

Prof. G. And no mercy, no malice is the newsletter.

1:41.3

Hey guys, sorry to interrupt the pod, but I got to share this quick business tip that I've been thinking about a lot lately.

1:47.0

It's eliminate, automate, and delegate, famously from Tim Ferriss.

1:50.0

I'm always looking for tools to help me do that.

1:53.0

One of those tools is Riverside, the sponsor of today's podcast episode.

1:57.0

Riverside allows you to record remote podcasts and video interviews and studio quality from anywhere.

2:01.7

Not only can it record 4K video and audio remotely to ensure your podcast quality is top-notch,

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