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David Senra

👤 Speaker
11415 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

The reason I started talking about life's work and investing.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

is these people come to realize you will not be rewarded with great work if you do not become a good leader.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

And a common pitfall that I certainly have fallen in before is when there's someone really talented, they can do a lot themselves.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

They can get a lot done themselves.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

And I refer to this as like heroics.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

And that's always necessary.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

A founder always has the sort of, is the flame keeper of the spirit of the company.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

And I think founder-led companies are so much, of course, so much more interesting, preaching to the choir here, than professionally managed companies for the most part.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

But I do think that like becoming a great leader

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

becomes the most important way to secure more right to do great work.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

There's tons of people I admire who change what they do a lot or have changed what they do a lot, who stopped one thing and went to another thing.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

But they're doing something.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

Yeah.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

I'm just wired this way.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

You are too.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

I just need to be doing something.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

I can't sit around.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

I'm drawn to people that want to make stuff.

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

I have tons of examples of people who have been

Invest Like the Best with Patrick O'Shaughnessy
Patrick O’Shaughnessy - Creating on Principle - [Invest Like the Best, EP.455]

tried lots of things and made lots of things and moved on from things and had chapters in their life and then a new chapter with doing something totally different there's there's one um investor that comes to mind whose name is john pfeffer and john has been wildly successful in like the it's almost like he picks whatever he's doing and as he gets to the tail end of it he tries to find like the thing in the world that is the most different from what he's doing