No. 1 CEO: The Strategies I Used to Build 5 Billion-Dollar Companies (And How You Can Use Them)
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
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).
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?
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
Ty
@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
21 күн бұрын
thank you
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
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.
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
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?
This is brilliant. Need to listen three more times and take copious notes. 👏👏👏
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.
Valuable lessons and insights. 🎉
Great interview, well formed questions!
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 :)
This was absolutely crucial, vital and impactful information! Absolutely loved it!👌
Thank you both very much. I enjoyed it a lot. So much interesting information and so much positive vibes.
I found this quite informative. Thanks for creating such valuable content!
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.
32:02 beautifully said
Real CEO information right here 📝
Really amazing interview, one of the few 1 hour plus videos worth viewing till the end.
@tkppodcast
Ай бұрын
Thanks for watching!
Wow, thank you for the inspiration Mr. Jacobs!
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. 😢😢😊
Feedback and Group huddle part is very insightful for team building
Amazing. I’ve never heard of CEO speak in this manner. So much insight! The long end of the stick indeed!
Great questions. I appreciate Mr. Jacob’s candor. Excellent podcast!
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.
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! ✨️
Amazing entrepreneurial progressive humble business man, excellent podcast.
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.
What a kind soul and brilliant human being. Great interview , inspirational and profound. Thanks
I truly learned alot from Bradley Jacobs! Love the frankness. Thank you!
thanks so much for the show guys..... great questions and very insightful answers...... im excited for QXO.
This is amazing. Thank you
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.
Such a good interview
Thank you!
Good podcast
This is a great podcast series, thank you for sharing these stories.
@tkppodcast
Ай бұрын
Thanks for listening
Very interesting and mind-opening, thanks
6:30 spotting trends gem
I love this mindset beautiful consciousness and applied wisdom. I am loading up on QXO brilliance.
This guy is BRILLIANT ✊🏽✊🏽✊🏽✊🏽
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💪
What an interesting and humble guy!
Brad is like Mr Wonderful just nice 😅
@TrapPhoneLoveMelodiesss
Ай бұрын
Underrated comment 😂😂😂
Thank you
Wow, so good!
That intro go more hooks than a fishing tournament 🎉
One of the best
Listening is so golden
My virtual role model!
This channel is aptly named.💥
Thank you🙏🏽
wow very much thank u sir.. u are very humble.. thank u sharing
A wonderful demonstration on how to use the infinite flexibility of the human mind:-)
Starting trailer reminds me of the Diary of a CEO podcast
Analyzing how to think, never thought of that
Brilliant
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.
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.
this is very helpful to me.. how i manage how i act as a leader..
Great CEO Brad Jacobs! 👍👍💯
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
Very good interview, enjoyed his insight.
Probabilities to your initiatives with budgeting is so powerful to keep focused on the biggest levers.
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
Working working
its called a master mind group. napolion hill, the law of success in 15 lessons 1925
So what is his book? Not in the show notes ?! Why not
His wife and him are putting in $900 million into a company like its $900 bucks....unreal...😂😂😂
This guy is pretty cool
Shareholders shareholders shareholders shareholders shareholders. Thank you.
@samrapheal1828
Ай бұрын
Hint: BA's diminished product quality 💩show.
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.
What’s Brad’s book?
14:40 how to run electric meetings
Customer Value 😌
5:20 ai trend gem
Please study-Ethos Genesis Documentary, and Bruce Lipton Thanks ☺️
12:07 Importance of psychological safety.
47:30 how to end meeting
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.
Wasn't he talking about a debt coverage ratio?? 32:25
🔥🔥🔥🔥
What is M and A?
Main takeaway is make messy thing unmessy with ease and have lot of money
11:00 asking qs gem
"Graciously and generously exiting them" Another way of saying firing them immediately as soon as the company is merged
What’s the Trend?
@wehiird
Ай бұрын
We’re heading into the sci-fi phase of human history
budgeting every day and rolling forecasts it'a kind of banana republic culture
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
Looks like I need an SP&A person at my company
Second takeawat get big trends right
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.
Wow I really thought this was DOAC. How are they so similar? Who's copying who?
💯❤️🔥
WATS THE #1 TREND?
Hi
What he glosses over is that the powerful will use the tech to take complete control with robots normal humans will be redundant.
Emotional AI would be terrible. Computers are nice when they're logical.
@ocofficial5481
Ай бұрын
Deep
The essenz is allways: The richer you are the more lazy you can be while others work for you. just be the shareholder
7th