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Founder's Journal

Why Successful Business Minds Have Paranoid Brains

Founder's Journal

Morning Brew

Entrepreneurship, Careers, Business

4.81.1K Ratings

🗓️ 21 June 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

Episode 05: For this week’s temperature check, Alex Lieberman (@businessbarista) talks about how great business operators have to be incredibly disciplined in every aspect of their lives. Then, a realization where business minds have paranoid brains because they’re constantly analyzing for every potential crack or gap in their business. Lastly, what didn’t go well for the week. As Storyarb picks up, Alex has concerns about his ability to meet his obligations in his personal life. Timestamps: (01:57): A conversation with a disciplined entrepreneur (04:40): Takeaways from lunch with my co-founder (09:50): What golf can do for you (12:18): What didn’t go well this week (15:16): Biggest learnings this week Send us an email and let us know what you think of the idea! foundersjournal@morningbrew.com #FoundersJournal #Startups #Entrepreneur Listen to Founder’s Journal here: https://link.chtbl.com/OV4W93_W Watch Founder’s Journal here: https://www.youtube.com/@FoundersJournal/ Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Alex! Alex Lieberman (@businessbarista) Learn more about Shopify here: https://shopify.com/crazyones Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

What's up everyone? Welcome back to another episode of Founders Journal. I'm Alex Lieberman.

0:06.0

Before we get started, I just want to share one thought, and that is with the return of Founders

0:11.2

Journal, my public audio diary around my entrepreneurial journey, I have three core principles that are

0:17.7

guiding what I do for this show every single week. The first is to create shit that helps increase

0:23.6

the odds of entrepreneur's success. The second is to connect with my audience as much as humanly

0:29.6

possible, and so I would love to connect with you, shoot me an email at Alex at MorningBrew.com,

0:34.1

just say hi, and I'll take it from there. The third is I want to try a lot of different formats

0:40.5

and see what resonates most. With that, I am bringing back a format that I tried last week,

0:47.2

everyone absolutely loved the first time around, and so we're going to give it another go.

0:51.2

It is called Temperature Check, and you can basically think of Temperature Check as a true

0:56.6

journal style episode where I sat down at the end of last week, and I wrote a simple journal prompt

1:03.3

at the top of my notebook. The prompt said, Alex, time for a temperature check. What went

1:08.4

well this week? What didn't go well? And what did you learn? And everything I am going to say

1:13.8

for the rest of this episode is my answer to this prompt exactly as I wrote it, no editing,

1:20.7

no filtering, I hope you enjoy.

1:32.5

Every startup loves that sweet sound of cold hard cash, especially when you start to hear it

1:38.6

more and more and more. But the safest spot to put all those Benjamin's? That can be a tricky

1:44.7

question. Have no fear. Mercury offers secure banking through a user-friendly product experience

1:50.9

that innovates alongside all your smart moves so you can ensure your harder and cash stays safe,

1:56.8

secure, and in the right place. Through partner banks and their sweep networks,

2:01.6

mercury customers can access up to $5 million in FDIC insurance. That's 20X, the per-bank limit.

2:09.6

Sweep networks. What now? Glad you asked. These networks protect your deposits by spreading them

...

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