No. 1 CEO: The Strategies I Used to Build 5 Billion-Dollar Companies (And How You Can Use Them)

Рет қаралды 261,790

Күн бұрын

Throughout his tenure, Brad Jacobs has built multiple billion-dollar companies. While there is no “playbook” for growing a business, he focuses on a few factors above all else in every company he operates, and in this conversation, he reveals them all.
Shane and Jacobs discuss how to read anyone during an interview through a series of intentional questions, the exciting role of AI and technology in the future of business, and where money-making ideas hide in companies. Jacobs also shares how his training in math and music made him a better business operator, the one thing he focuses on to grow his businesses, how to spot big trends before everyone else, and the only thing a company should focus on for success.
--
00:00 - Intro
01:13 - The future of AI
03:50 - How to think rationally
05:17 - The major trend
07:26 - The research process
09:58 - On asking better questions
16:04 - On rearranging your brain
18:52 - On music, math, simplicity, and business
28:55 - Leverage, debt, and optionality
31:40 - What it takes to take contrarian bets
37:14 - Confidence and parents
46:50 - Why negative-only feedback is detrimental for employees
52:43 - Money lessons
54:42 - A deep dive on M&A (Jacobs' secret sauce to growing his companies)
01:04:20 - Questions to immediately get to know anyone
01:07:43 - On boards and board meetings
01:13:26 - On decision-making
01:20:06 - The role of capital markets
01:22:10 - The type of person you don't want to hire
01:27:45 - The best capital allocators
01:30:22 - Biggest lesson Jacobs learned from the past year
01:33:49 - On success
--
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Like the mentor you’ve always dreamed of having, The Knowledge Project shares timely yet timeless lessons for work and life. Past guests include Naval Ravikant, Daniel Kahneman, Jim Collins, Angela Duckworth, Seth Godin, Melanie Mitchell, & Esther Perel.

Пікірлер: 182

@tkppodcast 2 ай бұрын

Share your favorite part of the convo below 👇

@betweenherenthere Ай бұрын

The part about his father calling him "ugly" at a young age & his remarks about personality is transformational. My grandfather used to say that to me! God rest his soul.

@alexswedenborg1856 Ай бұрын

@@betweenherenthere 2 yrs that many years, 3, counseling...WOW...3 hrs a week!! OK!

@2017phattang Ай бұрын

沒有我的書面赞同,所有人的侵犯破坏人权主管一定賠償金与罚款。反对会進行槍毙死刑案件。

@gamal01 Ай бұрын

His leadership style and human-centric approach to talent management and development (section on appraisal).

@TheDiaryOfACEO Ай бұрын

Clicked on this thinking it was DOAC 😂 couldn’t remember having this guy on

@grizzlydynamics Ай бұрын

Exactly. I was thinking "wait, I know these thumbnails..."

@zensamurai6582 Ай бұрын

Wow, clicked on the video just to say the same thing. Take it as a sign you are doing something right if your work gets so brazently pragerised!

@amazon1606 Ай бұрын

Lol sames

@charupalia7719 Ай бұрын

Yes! 😂

@laqlan Ай бұрын

Is this not you?

@douglaschester2097 Ай бұрын

This is amazing. *“How to build wealth”*

@douglaschester2097 Ай бұрын

The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.

@douglaschester2097 Ай бұрын

I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon. Give this a try and attain good-returns.

@douglaschester2097 Ай бұрын

For more lnfo FinanciaI-PIanner Rebecca Mart-Watson (in fuII).

@Alexandra13296 Ай бұрын

l’m amazed to partake on this, lt has rekindled the fire to my goals.

@Alexandra13296 Ай бұрын

deserve aII attention, good to be here

@justicelaub9094 Ай бұрын

1. Generate exceptional shareholder returns. 2. Incentivize employees for shareholder value creation. 3. Rapidly standardize and integrate acquisitions. 4. Allocate capital to the highest return opportunities. 5. Foster positive culture and relationships. 6. Be contrarian when conviction warrants it. 7. Solve complexity through simplicity and math. 8. Learn from employees at all levels. 9. Validate before providing constructive criticism. 10. Maintain profound curiosity to spot trends.

@davidirizarry6216 Ай бұрын

@topgrowthexperts 25 күн бұрын

If you liked that you will also like the book, The Outsiders by William Thorndike. Very similar set of operating principles, for long term business success. Thanks for the breakdown.

@esriarc7289 20 күн бұрын

thank you

@TimTheInsideMan Ай бұрын

This is brilliant. Need to listen three more times and take copious notes. 👏👏👏

@stellargal1983 Ай бұрын

I am so impressed with this gentleman. He has such a good heart. Truly a superior human being. In my home country, Romania, we use the word ‘character’ to describe a person’s personality/demeanor. Mr. Jacobs has a beautiful character. I’ll be ordering his book.

@waynewhite2314 8 күн бұрын

He gives me hope

@adigullia Ай бұрын

It's my first video from this channel. Hats off to the host for discovering this gem of an entrepreneur and sharing with us. Brad is remarkably honest and transparent, and is clearly gifted at what he does.

@syedjameelahmed66 Ай бұрын

He looked to me as a very well-spoken gentleman with high-level business acumen and a genuinely kind human being.

@dric30 Ай бұрын

😊😊

@dric30 Ай бұрын

😊

@dric30 Ай бұрын

😊😊😊

@chancytembo6133 Ай бұрын

But what changed?

@IndigoUnited 13 күн бұрын

Real CEO information right here 📝

@dustinmyers9083 Ай бұрын

Great interview, well formed questions!

@formxshape 2 ай бұрын

Valuable lessons and insights. 🎉

@dr.wezisunkutumd8745 Ай бұрын

Very deep conversation here, greatly appreciate especially as a new CEO in the healthcare industry. I am learning alot from this single podcast conversation. I salute.

@noelalbano5728 Ай бұрын

Never planned to watch this interview, but it turned out to be a mini-MBA by a successful practitioner. Will definitely watch this again and take notes this time around. I am now a raging fan :)

@demetriusdupree1704 Ай бұрын

Boy o boy….I came in for financial insight & the first few minutes Mr. Jacobs brought up psychology & therapy & he is absolutely right: he was able to know himself on a deeper level to be more optimal in the ever changing world we confront on our day-to-day lives. 😢😢😊

@phambiliS 29 күн бұрын

This was absolutely crucial, vital and impactful information! Absolutely loved it!👌

@sayuristillwater7471 Ай бұрын

I found this quite informative. Thanks for creating such valuable content!

@nicoh.1082 2 ай бұрын

32:02 beautifully said

@RugilePenno-qr1nh 2 ай бұрын

Thank you both very much. I enjoyed it a lot. So much interesting information and so much positive vibes.

@arismichalakis4024 Ай бұрын

Really amazing interview, one of the few 1 hour plus videos worth viewing till the end.

@tkppodcast Ай бұрын

Thanks for watching!

@pankajrathi7476 2 ай бұрын

Feedback and Group huddle part is very insightful for team building

@ErinLAnderson Ай бұрын

Wow, thank you for the inspiration Mr. Jacobs!

@nelsonxthefoodchannel3324 2 ай бұрын

Great questions. I appreciate Mr. Jacob’s candor. Excellent podcast!

@davideylerYT Ай бұрын

Amazing. I’ve never heard of CEO speak in this manner. So much insight! The long end of the stick indeed!

@ramzihaidar8928 Ай бұрын

Amazing entrepreneurial progressive humble business man, excellent podcast.

@leadgenjay 2 ай бұрын

This is a really insightful interview, especially the part about leveraging AI in business. Integrating AI not just in products but also in optimizing backend processes can significantly cut costs and boost efficiency.

@hoochlily Ай бұрын

What a kind soul and brilliant human being. Great interview , inspirational and profound. Thanks

@blackhistoryonsteroids8196 6 күн бұрын

Listening is so golden

@antikoerper256 5 күн бұрын

Very interesting and mind-opening, thanks

@TalesOfTrillions Ай бұрын

I resonate so much with the idea of being a musician in business. The ability to improvise and adapt to any note life throws at you is what sets true entrepreneurs apart.

@waynewhite2314 8 күн бұрын

Iv a childhood friend who is the epicenter of my music appreciation foundation. A fantastic guitarist whom I always wanted to assist with his music promotion and he hasn't gotten there becuz the collaboration didn't happen and he didn't take the opportunity risks. I can see clearly now it was never his strength and he sorta overly independent. I'm still hoping he corrects and takes off.

@oswaldocruz8883 Ай бұрын

This is amazing. Thank you

@Empresskimz Ай бұрын

I truly learned alot from Bradley Jacobs! Love the frankness. Thank you!

@davidhorak3626 Ай бұрын

thanks so much for the show guys..... great questions and very insightful answers...... im excited for QXO.

@1tonypeters Ай бұрын

This guy is BRILLIANT ✊🏽✊🏽✊🏽✊🏽

@user-dq1kr6zc2t 2 ай бұрын

Bradley Jacobs is a one of kind entrepreneur. I encourage you to read his background and professional career. Guy perfected the "roll-up" transaction and M&A model. Truly a great operator of companies and understands the entire Big Picture.

@gabrielfurlong4042 2 ай бұрын

Wishing that machines develop feelings is un unreal

@mephis247 Ай бұрын

Do u know of any of his books on business..he sounds like a very astute businessman.

@nishanc21 Ай бұрын

Such a good interview

@hermess.6818 Ай бұрын

I love this mindset beautiful consciousness and applied wisdom. I am loading up on QXO brilliance.

@TruAlphaInc. Ай бұрын

That story about your Dad was hilarious 😂 He reminds me of one of my best friend’s Dad who was a really big guy with an even bigger personality and deep voice and an excellent sense of humor😅..I miss him a lot. Really enjoyed listening to you, please make more content, you have a gift for speaking and explaining things and you also have great gestures! Much Love💪

@gamal01 Ай бұрын

What many of us professionals have failed to realize is how much efficiency is important and what actually contributes to achieving that. It isn't merely a systems approach but also very human centric and the feedback/info you gather from that you use to develop effective systems; and the thing that makes this most achievable is transparency! The more you can see of a thing the easier it is to manage and simplify. That's one of if not his main strength/superpower. You don't achieve efficiency by creating layers and barriers, which is a very egocentric approach to leadership.

@arigutman Ай бұрын

This is a great podcast series, thank you for sharing these stories.

@tkppodcast Ай бұрын

Thanks for listening

@TariqJohnson Ай бұрын

What an interesting and humble guy!

@rajmaster6937 2 ай бұрын

Good podcast

@amonifinau4048 2 ай бұрын

Thank you!

@FarkhodRadzhapov 27 күн бұрын

6:30 spotting trends gem

@RosaLei 2 ай бұрын

I'm slowly digesting Brad Jacobs' new book "How to Make a Few Billion Dollars", it's NOT on Audible and my reading time is limited so I'll take a few bites of the book before I turn in, I wish I could say I'm devouring it, but no, some of the paragraphs have a high density of information on how he thinks about things, I have to ponder what he is saying for a while. He is such an interesting guy!🤑

@RosaLei Ай бұрын

Update! The book is now on Audible, narrated by Brad Jacobs himself! It is such a great playbook! I love his philosophies and the way he operates; it's truly inspiring! ✨️

@sherlitasampay4513 Ай бұрын

wow very much thank u sir.. u are very humble.. thank u sharing

@Marko_Stanojevic Ай бұрын

Brad is like Mr Wonderful just nice 😅

@TrapPhoneLoveMelodiesss Ай бұрын

Underrated comment 😂😂😂

@maungtun-ut4rw Ай бұрын

Thank you

@user-sl2mh8bk5x Ай бұрын

My virtual role model!

@Lee-qj4hk Ай бұрын

A wonderful demonstration on how to use the infinite flexibility of the human mind:-)

@yegoncaleb9045 Ай бұрын

Analyzing how to think, never thought of that

@BookofMagicSpells Ай бұрын

Wow, so good!

@Will-ep2pr Ай бұрын

Starting trailer reminds me of the Diary of a CEO podcast

@KevinMullaney333 Ай бұрын

That intro go more hooks than a fishing tournament 🎉

@RacksAG Ай бұрын

Thank you🙏🏽

@pjs777s.8 Ай бұрын

This channel is aptly named.💥

@mohammedal-dossary3480 Ай бұрын

One of the best

@sulaimanfaarah Ай бұрын

Brilliant

@sherlitasampay4513 Ай бұрын

this is very helpful to me.. how i manage how i act as a leader..

@sethf4385 Ай бұрын

Such a great fount of business knowledge & expertise. Thanks for this interview. One constructive criticism I’d like to add is why can’t we also choose people in senior management motivated by BOTH money AND providing a good service/product that’s socially and environmentally constructive at its core. He’s very old school and this mindset is what often leads to unethical corporate decision making. It can hurt human mental & physical wellbeing in the long-run. Just my two cents on this interview which was highly informative.

@rockstar3840 Ай бұрын

Great CEO Brad Jacobs! 👍👍💯

@soscreativity Ай бұрын

Insightful conversation shedding light on Brad Jacobs' remarkable success in building billion-dollar companies. His emphasis on key factors, from leveraging AI to honing interview techniques, offers valuable lessons for aspiring entrepreneurs. A must-watch for those eager to unlock the secrets of business growth.

@user-bc9ru1gn2q Ай бұрын

Very compassionate man a lot to learn about how he does business it’s what’s needed in the business world today

@user-bc9ru1gn2q 25 күн бұрын

@tkppodcast1 where to

@Blubbha Ай бұрын

Probabilities to your initiatives with budgeting is so powerful to keep focused on the biggest levers.

@walknwander Ай бұрын

Very good interview, enjoyed his insight.

@making_maui_smile Ай бұрын

So what is his book? Not in the show notes ?! Why not

@jhorkvargas8801 Ай бұрын

Working working

@FarkhodRadzhapov 27 күн бұрын

14:40 how to run electric meetings

@chigley55 Ай бұрын

What’s Brad’s book?

@dolcefarniente2702 2 ай бұрын

I wish you asked him more about tinnitus . it is impossible to ignore high pitch tinnitus . How did he learn this? It has destroyed many lives and can be very very debilitating. I also got it because of music ( ear buds ).

@waynewhite2314 8 күн бұрын

U missed his lesson. You can meditate on a sound. It's an actual yoga meditation technique and in your/our case, a way of making lemonade from lemons.

@jeffreynichols6526 Ай бұрын

If perhaps success, profit, makes its way back to every employee, I believe you will create a culture of unstoppable success. Incentivized by getting paid for adding value to the bottom line, discovering a better way with intelligence, you learn from a motivated loyal team member if you can hear

@gregg2097 Ай бұрын

its called a master mind group. napolion hill, the law of success in 15 lessons 1925

@downwithosama1 Ай бұрын

This guy is pretty cool

@yvonnehyatt8353 2 ай бұрын

Please study-Ethos Genesis Documentary, and Bruce Lipton Thanks ☺️

@FarkhodRadzhapov 25 күн бұрын

47:30 how to end meeting

@FarkhodRadzhapov 27 күн бұрын

5:20 ai trend gem

@tariqjuneja Ай бұрын

12:07 Importance of psychological safety.

@yvonnehyatt8353 2 ай бұрын

Customer Value 😌

@RyanLordOfficial Ай бұрын

🔥🔥🔥🔥

@PepeSi7via Ай бұрын

Wasn't he talking about a debt coverage ratio?? 32:25

@making_maui_smile Ай бұрын

What is M and A?

@mandarkadav1986 29 күн бұрын

Main takeaway is make messy thing unmessy with ease and have lot of money

@FarkhodRadzhapov 27 күн бұрын

11:00 asking qs gem

@FinGloss Ай бұрын

Am I missing something here ? He is talking about aquiring Convoy as a success story, but Convoy shut down operations and its not longer in business.

@wehiird Ай бұрын

Yeah but did he make his millions and get out in time?!? That’s probably all he cares about, or if he made it for his shareholders….

@FinGloss Ай бұрын

@@wehiird I have not done research about it yet, but seemed strange to make bankrupt company as an example...i had to check the date of this video to see if is old

@stainlesssteal Ай бұрын

His wife and him are putting in $900 million into a company like its $900 bucks....unreal...😂😂😂

@Iseeuandwatch79 Ай бұрын

💯❤️‍🔥

@Felipe-lb7zr 2 ай бұрын

Shareholders shareholders shareholders shareholders shareholders. Thank you.

@samrapheal1828 Ай бұрын

Hint: BA's diminished product quality 💩show.

@johnmansour7711 Ай бұрын

What’s the Trend?

@wehiird Ай бұрын

We’re heading into the sci-fi phase of human history

@miminassara2650 Ай бұрын

Looks like I need an SP&A person at my company

@stevenrussi5973 2 ай бұрын

Just the opposite theories of those that built the most valuable company in the world--Apple by Steve Jobs. This is now called "financialization" where financial engineering creates a growing stock price, but decreases the actual creation of quality products and services. Jobs knew that quality and innovation would delight customers and the bottom line would take care of itself. Two books to read here would be Gelles' "The Man Who Broke Capitalism" about the financialization of GE by Jack Welch and Foroohar's "Makers and Takers, How Wall Street Destroyed Main Street." You will learn more there than this "Welchian" gibberish. Sadly, Tim Cook, not understanding what Jobs did, has been undergoing the financialization of Apple, a company built on innovation and entrepreneurial behavior.

@108u9 2 ай бұрын

It says it all in the phrase he keeps repeating - for shareholders. Even in the trucking example he gave as a success story, there was no mention of the workers, the folks that were gotten rid of in the process. It was about the org chart and how he seemingly cleaned it up. The standing in circles, “oreo sandwich” etc. are all ways to forcibly lend meaning to otherwise a deadening setup that’s far removed. How outstanding psychotherapists approach their work, how great jazz musicians approach their craft is not in seeing their validation, their solo improv as techniques. The point of the validation is not to do a validation, the point of bringing in a solo isn’t just so one can do a solo. Math isn’t in the sums you do.

@samrapheal1828 Ай бұрын

Hint: Boeing (absorbed by Mac Air on BA's dime) whose Comm. aircraft division accounts for 15% of BA's revenue.

@lol-mo8db Ай бұрын

"Graciously and generously exiting them" Another way of saying firing them immediately as soon as the company is merged

@mkd2674 Ай бұрын

budgeting every day and rolling forecasts it'a kind of banana republic culture

@kellya8425 Ай бұрын

WATS THE #1 TREND?

@mandarkadav1986 29 күн бұрын

Second takeawat get big trends right

@panama-canada Ай бұрын

3:18 He’s right Homosapien further progress. It is the same as chat. Fight is off today. I slow down by the meet back at the cockpit. So Homo sapiens must die for evolution to continue and sharing begin.

@makena6487 Ай бұрын

Wow I really thought this was DOAC. How are they so similar? Who's copying who?

@Alexvictor-gi6th 19 күн бұрын

@2BluntsLater 2 ай бұрын

7th

@Dan-codes Ай бұрын

Emotional AI would be terrible. Computers are nice when they're logical.

@ocofficial5481 Ай бұрын

Deep

@Mohamed-vv4yt 18 күн бұрын

This what you call great American patriot , men like this man that us and the world need to be in power

@thebookelf2135 11 күн бұрын

Hmmm, he is an energetic thinker and charismatic. I looked at his philosophy, "value for shareholders..." okay, but, but, what about value for employees? There is, first a business concept, then capital and frankly these go Nowhere without employees. Starting with the janitor, mechanic and assistant on up. When someone has a billion, there has to be systematic wage theft. We have a cultural delusion that workers must sacrifice for shareholders. A paradigm change is desirable.