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The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network

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

The Investor's 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 Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Paul Allen’s Book, Idea Man – Read reviews of this book. Preston & Stig’s conversation about Malcolm Gladwell’s book, Outliers. Preston & Stig’s conversation about Richard Branson’s book, Screw It – Let’s Do It. Preston & Stig’s conversation about Elon Musk’s book, Elon Musk. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠   HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. 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Transcript

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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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