Vince Chan
👤 PersonAppearances Over Time
Podcast Appearances
Let me say this. When I interviewed Monty, he shared a lot from his business background. his work with some major players, real tech titans. And he said things like, Vince, I saw them literally do this, build that. You could really feel impact through his stories. What stood out was how he brought a business lens to everything.
Let me say this. When I interviewed Monty, he shared a lot from his business background. his work with some major players, real tech titans. And he said things like, Vince, I saw them literally do this, build that. You could really feel impact through his stories. What stood out was how he brought a business lens to everything.
And now, with you bringing in the science angle, I think the two of you really complement each other. Since Monty had that business focus, and I come from a business background too, having studied at Chicago Booth, I naturally asked him about something really specific, the ROI of generosity.
And now, with you bringing in the science angle, I think the two of you really complement each other. Since Monty had that business focus, and I come from a business background too, having studied at Chicago Booth, I naturally asked him about something really specific, the ROI of generosity.
Ever since I first learned the term ROI, it was in a finance class, of course. We did all the usual calculations. But generosity, that isn't something you can plug into a formula. You can't always measure it. Or maybe you can somehow monitor it in a different way. That's why when Monty brought it up, this idea of generosity having a ripple effect, it really landed for me.
Ever since I first learned the term ROI, it was in a finance class, of course. We did all the usual calculations. But generosity, that isn't something you can plug into a formula. You can't always measure it. Or maybe you can somehow monitor it in a different way. That's why when Monty brought it up, this idea of generosity having a ripple effect, it really landed for me.
Honestly, I buy that concept. I've seen it play out in my own life and career. Doing things with no expectation, and then somehow more opportunities, more trust, more value come back around. So I definitely believe in it, but putting it into a business context, trying to tie generosity to metrics, that's where it gets tricky. I asked Monty about it directly.
Honestly, I buy that concept. I've seen it play out in my own life and career. Doing things with no expectation, and then somehow more opportunities, more trust, more value come back around. So I definitely believe in it, but putting it into a business context, trying to tie generosity to metrics, that's where it gets tricky. I asked Monty about it directly.
If ROI is what we track in business, how do you track or even explain the ROI of generosity? You are not coming from a business world, but you know how strong this concept is in business. How do you think about measuring or recognizing the return on generosity?
If ROI is what we track in business, how do you track or even explain the ROI of generosity? You are not coming from a business world, but you know how strong this concept is in business. How do you think about measuring or recognizing the return on generosity?
Speaking from my own experience, there are so many stories like that. One great example is actually this show. I've never asked any guest to refer someone else, not once. Every guest who comes on, either I invited them or they reached out to me. My only focus is creating the best possible experience for them, making sure the episode is meaningful, smooth, and enjoyable. What happened?
Speaking from my own experience, there are so many stories like that. One great example is actually this show. I've never asked any guest to refer someone else, not once. Every guest who comes on, either I invited them or they reached out to me. My only focus is creating the best possible experience for them, making sure the episode is meaningful, smooth, and enjoyable. What happened?
More and more guests have told me they genuinely enjoyed the experience. Afterwards, they will say, Hey Vince, I actually know someone who would be a great fit for your show. One guest even referred five new guests. Completely unfronted. No commission, no referral fee, no expectations. It's not transactional.
More and more guests have told me they genuinely enjoyed the experience. Afterwards, they will say, Hey Vince, I actually know someone who would be a great fit for your show. One guest even referred five new guests. Completely unfronted. No commission, no referral fee, no expectations. It's not transactional.
It's just a natural return, if I can use this word, that comes from being a generous, thoughtful host. That's the ripple effect you were talking about.
It's just a natural return, if I can use this word, that comes from being a generous, thoughtful host. That's the ripple effect you were talking about.
But then you built a story around a fictional character, Emily. Why that choice? Why bring in a fictional element in a non-fiction business setting? And I'm also curious, why Emily? Why a female character, not a male one? Was there a particular reason behind that decision?
But then you built a story around a fictional character, Emily. Why that choice? Why bring in a fictional element in a non-fiction business setting? And I'm also curious, why Emily? Why a female character, not a male one? Was there a particular reason behind that decision?
Let's come full circle to end our conversation. You mentioned that your longtime interest has been neuroscience. And every year, you produce a summit focused on brain health. I'll admit, I don't know much about this event. So I'd love for you to walk us through it. It's called Brain Summit. It happens around the Super Bowl weekend, which is interesting.
Let's come full circle to end our conversation. You mentioned that your longtime interest has been neuroscience. And every year, you produce a summit focused on brain health. I'll admit, I don't know much about this event. So I'd love for you to walk us through it. It's called Brain Summit. It happens around the Super Bowl weekend, which is interesting.