Erik Torenberg sits down with Michael Guimarin, a Silicon Valley operator and educator who helps people hone their information diets, to discuss the divide between institutions and networks and how to shift from consensus to resonance. We're proudly sponsored by Vanta. Get $1000 off Vanta with https://www.vanta.com/upstream
Upstream is a part of the Turpentine podcast network. Learn more: www.turpentine.co
–
SPONSORS: MERCURY | VANTA | NETSUITE
Looking to give your startup a competitive edge? Meet Mercury: https://mercury.com/ Mercury is banking for ambitious companies—a modern partner that can provide you with the tools and resources you need to turn your startup into the best version of itself. It’s software built to help you scale, with safety and stability, when you need to — whether you're a team of two, or a team of 1,000. Join more than 100,000 startups on Mercury, the powerful and intuitive way for ambitious companies to bank. Mercury is a financial technology company, not a bank. Banking services are provided by Choice Financial Group and involve bank and trust members FDIC.
Compliance doesn’t have to be complicated. In fact, with Vanta it can be super simple. Vanta automates the pricey, time-consuming process of prepping for SOC 2, ISO 27001, HIPAA, and more. With Vanta, you can save up to 400 hours and 85% of costs. Vanta scales with your business, helping you successfully enter new markets, land bigger deals, and earn customer loyalty. Bonus? Upstream listeners get $1000 off Vanta. Just go to https://www.vanta.com/upstream
NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite: http://netsuite.com/upstream and download your own customized KPI checklist.
–
LINKS:
Michael's newsletter: https://theinfodiet.com/ (Course is currently sold out)
–
TWITTER:
Michael: @MichaelGuimarin
Erik: @ErikTorenberg
Upstream : @upstream__pod
–
TIMESTAMPS:
(00:00) Episode Preview
(02:10) How decisionmaking outcomes are based on information inputs
(04:40) How we understand reality is defined by generational access to technology
(05:45) Economics of distributing information
(08:50) Michael Guimarin's approach vs Jordan Hall or Daniel Schlac
(10:41) Before Google: Consensus
(11:00) After Google: Resonance
(13:50) Framework: The four estates
(16:35) Sponsors: Mercury | Vanta
(18:35) The divide between institutions and networks
(21:00) Why humans can't predict step changes
(25:00) Painting a future which links authority and responsibility
(29:00) Where Michael differs from Balaji on decentralization
(33:20) Sponsor: NetSuite
(34:25) Shifting from consensus to resonance
(36:00) The timeline for resolving these issues is over two generations
(40:00) Longevity
(45:25) The information diet as a war
(48:15) Artificial Intelligence
(50:50) Do we concede too easily when we get power over institutions?
(01:01:00) A top 1% to the top .001% information diet: emotional mastery
(01:05:00) How should you adjust the inputs?
(01:07:30) Information trillionaires