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We Study Billionaires - The Investor’s Podcast Network

TIP 112 : Billionaire Paul Allen - Idea Man (Business Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 13 November 2016

⏱️ 42 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN:

  • How Bill Gates and Paul Allen founded Microsoft and why it couldn’t have happened without their complementary skill sets.
  • Why Bill Gates and Paul Allen had all the right external factors on their side to become billionaires.
  • What you might do when you retire age 30 and have more than a billion dollars.
  • If Microsoft has the right business strategy for the future.


BOOKS AND RESOURCES


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Transcript

Click on a timestamp to play from that location

0:00.0

We study billionaires and this is episode 112 of the Investors Podcast.

0:06.0

Broadcasting from Bel Air, Maryland. This is the Investors Podcast.

0:14.0

They'll read the books and summarize the lessons. They'll test the waters and tell you what it's called.

0:19.0

They'll give you actionable investing strategies.

0:23.0

Your host Preston Pish and St. Broderson.

0:30.0

How's everybody doing out there? This is Preston Pish and I'm your host for the Investors Podcast.

0:34.0

And as usual, I'm accompanied by my co-host St. Broderson out in Seoul, South Korea.

0:39.0

Today we have a book for you and this one is called Idea Man.

0:44.0

A memoir by the co-founder of Microsoft and this was written by billionaire Paul Allen.

0:50.0

And for anybody who doesn't know who Paul Allen is, he is the guy who was the co-founder of Microsoft and head programmer along with Bill Gates to build the whole world.

0:59.0

Microsoft Enterprise. I think Paul really kind of goes completely unnoticed when talking about Microsoft.

1:07.0

Everyone just says Bill Gates, Bill Gates, Bill Gates. But you read this book and I think that you do a little bit of homework on how Microsoft got started.

1:17.0

And you'll see that Paul Allen had a enormous part of what Microsoft ultimately became. And you want to hear your thoughts on that.

1:27.0

I don't know if you feel this way, Preston, but I almost had this impression that Bill Gates, he founded a company and there was someone named Paul or something. He was like his helper.

1:37.0

Clearly, I'm laughing at some segments, but I haven't thought too much about it. Clearly, I would know Bill Gates.

1:42.0

And I was kind of sure that there was some other guy at some point in time, perhaps in the beginning.

1:47.0

But I didn't know there was actually a real partnership before I read this book.

1:52.0

So I'm just going to throw out my opinion. I love this book. I really enjoyed reading this because it's almost like you got the second story.

2:01.0

You know, when you hear a story from a friend and they're like, and it sounds like it's too good to be true.

2:06.0

And you just want to hear the other person's side of the story. And after you hear that, you're like, oh, it all makes sense now.

2:11.0

Like everything comes together and it all makes sense now. That's kind of how I felt about the whole Microsoft story after reading this book.

2:19.0

I made total sense because you were then seeing the other vantage point, which was awesome.

...

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