There’s Always A Way: Alex Banayan on The Third Door

The Rich Roll Podcast

Rich Roll

Health & Fitness, Education, Self-improvement, Society & Culture

4.8 • 12.9K Ratings

🗓️ 8 June 2018

⏱️ 139 minutes

🔗️ Recording | iTunes | RSS

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Summary

“Life, business, success . . . it's just like a nightclub. There are always three ways in.” Alex Banayan The day before his freshman year final exams, 18-year old Alex Banayan hacked The Price Is Right, won a sailboat, sold it, and used the prize money to fund his quest to learn from the worldʼs most successful people. Over the next seven years, he pursued a graduate degree in persistence and perseverance from the University of Life. He snuck into Warren Buffett's shareholders meeting. He chased Larry King through a grocery store. He celebrated with Lady Gaga in the hottest nightclub. Along the way, he landed remarkable one-on-one interviews with Bill Gates, Maya Angelou, Steve Wozniak, Jane Goodall, Quincy Jones, and many more. Alex's major discovery? Each and every icon shared one thing in common: they all took something he calls The Third Door*. Since that fateful day on the Price Is Right, Alex went on to become the world's youngest venture capital executive, a coup that landed him on Forbesʼ '30 Under 30′ list and Business Insiderʼs ‘Most Powerful People Under 30.' He has delivered keynotes at prestigious organizations like Apple, Nike, IBM, Dell, MTV and even Harvard. He has contributed to publications like Fast Company, the Washington Post, Entrepreneur, and TechCrunch. And he has been featured everywhere from Fortune, Forbes, Businessweek and Bloomberg to Fox News, & CBS News. This week, Alex's new book chronicling his wild seven-year adventure — aptly entitled The Third Door* — hit bookstores everywhere. I first met Alex about 6 years ago. Just 19 at the time, he was in the very early stages of putting his book together. I liked him instantly, and left our lunch impressed with his rare mix of precociousness, infectious enthusiasm and raw authenticity. We stayed in touch. And that day I made him a promise: should he ever finish his book (something I doubted at the time) that he had an open invite to share his story on the podcast. Today I honor that promise. This is a conversation about one young man's determination to find his way in the world. It's about a quest to learn what cannot be taught in the confines of a classroom. It’s about never giving up. And it's about always finding a way. But most of all, this is a very personal exchange between two friends about what it really means to pursue a dream. Peace + Plants, Rich Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0	Someone mentors you for three reasons.
0:04.2	And they're all subconscious reasons.
0:06.8	One, they see some of them self in you.
0:11.0	Two, they want to help you be more like them.
0:15.8	Whether it's because they have a special expertise, they want to help you with, but they
0:18.2	want to help you and they feel they can't help you be more like them.
0:22.2	The third one is the most interesting.
0:24.6	They want to be more like you.
0:28.0	And that's sort of confusing, but if someone's a, you know, 70 year old CEO, sometimes
0:33.9	the thing they need most in their life is 19 year old enthusiasm about their company.
0:39.3	That's Alex Benayan, and this is the Rich Roll Podcast.
0:47.1	Let's say for the sake of argument as a thought experiment that you have an idea, you have
1:02.7	a goal.
1:03.7	Perhaps it's even a dream.
1:05.4	Well, right now, it's just this thing that's swimming around in your head, making it real,
1:11.0	well, that's a different story altogether.
1:13.4	And making it a success is a completely different ballpark.
1:17.1	It's something that at times can be so challenging that quite frankly, most people end up abandoning
1:24.2	it long before capitalizing on the opportunities presented.
1:28.2	Not necessarily because of lack of will, but because they fail to see what this week's
1:32.9	guest Alex Benayan calls the third door.
1:37.2	Let me explain.
	...

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