#682: Bill Gurley Interviews Tim Ferriss Reflecting on 20+ Years of Life and Business Experiments

I think everyone should have a service job working in a restaurant or something like that and have to sell for a period of time. You learn so much about human interaction.

If you want to reach the decision-makers, just call outside of business hours ... Just do it before 8:30, and call after 6:30.

I viewed the angel investing and all that as a real-world MBA, assuming that I would lose all of the money I put in... but that the skills I would develop and the knowledge I would acquire and the relationships that I would end up cultivating would, in the long-term, pay for all of it.

A lot of these startups are going to take, if they turn out well, longer than the average marriage. So, you really want to make sure these people pass the beer test. Like, are you going to want to go out and have a beer with this person?

The question of where, I think, in an increasingly virtual world actually becomes more and more important. If you can operate in person, you have a huge competitive advantage.