CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More (#658)

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“Fear and anger give bad advice.”

— Matt Mochary

Matt Mochary (@mattmochary) coaches the heads of top Silicon Valley tech investment firms and companies on how to be the best leaders and build the best organizations possible.  His philosophy and method are captured in both the Mochary Coaching Methodology (which is available as a free Google Doc) and in his book The Great CEO Within, which is available on Amazon and online (also as a free Google Doc).

As a former founder, CEO, and investor, Matt knows firsthand the challenges of those roles as well as solutions to the most commonly encountered problems. His coaching is not questions-only; there is real guidance. Matt specializes in helping CEOs and their companies (or investment firms) transition from freewheeling startups to dominant enterprises.

Please enjoy!

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Stitcher, Amazon Musicor on your favorite podcast platform. You can watch the interview on YouTube here.

Brought to you by Athletic Greens’s AG1 all-in-one nutritional supplement, Helix Sleep premium mattresses, and FreshBooks cloud-based small business accounting software.

The transcript of this episode can be found here. Transcripts of all episodes can be found here.

#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More

This episode is brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. 

Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and 5 free travel packs) with your first subscription purchase! That’s up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product.

This episode is brought to you by Helix SleepHelix was selected as the best overall mattress of 2022 by GQ magazine, Wired, and Apartment Therapy. With Helix, there’s a specific mattress to meet each and every body’s unique comfort needs. Just take their quiz—only two minutes to complete—that matches your body type and sleep preferences to the perfect mattress for you. They have a 10-year warranty, and you get to try it out for a hundred nights, risk-free. They’ll even pick it up from you if you don’t love it. And now, Helix is offering 20% off all mattress orders plus two free pillows at HelixSleep.com/Tim.

This episode is brought to you by FreshBooks. I’ve been talking about FreshBooks—an all-in-one invoicing + payments + accounting solution—for years now. Many entrepreneurs, as well as the contractors and freelancers that I work with, use it all the time.

FreshBooks makes it super easy to track things like expenses, project time, and client info and then merge it all into great-looking invoices. And right now, there’s a special offer just for my listeners. Head over to FreshBooks.com/Tim to get 90% off your FreshBooks subscription for 4 months.

Want to hear an interview with another world-class coach? Listen to my first conversation with Jerry Colonna, in which we discuss being complicit in creating the conditions in life we don’t really want, nagging self-doubt, finding time for self-discovery, confronting the difficulty most of us have with saying “no,” acknowledging compassion from a distance, journaling, guilt versus remorse, and much more.

#585: Professor Donald Hoffman — The Case Against Reality, Beyond Spacetime, Rethinking Death, Panpsychism, QBism, and More

What was your favorite quote or lesson from this episode? Please let me know in the comments.

SCROLL BELOW FOR LINKS AND SHOW NOTES…

SELECTED LINKS FROM THE EPISODE

Connect with Matt Mochary:

Website | Twitter | LinkedIn

Mochary Method Curriculum | Google Docs

The Great CEO Within: The Tactical Guide to Company Building by Matt Mochary, Alex Maccaw, and Misha Talavera | Amazon

The Great CEO Within | Google Docs

Fear and Anger Give Bad Advice | Google Docs

The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich by Tim Ferriss | Amazon

The Rise of Modern Stoicism: Is Keeping Calm a Healthy Option? | Elle

Stoicism Resources and Recommendations | Tim Ferriss

11 Reasons Not to Become Famous (or “A Few Lessons Learned Since 2007”) | Tim Ferriss

My Healing Journey After Childhood Abuse (Includes Extensive Resource List) | The Tim Ferriss Show #464

All About the INTJ Personality Type | Truity

Virtual Coworking for Getting Anything Done | Focusmate

Change the Way You Work | Clipboard Health

Who: Who: The A Method for Hiring by Geoff Smart and Randy Street | Amazon

Anything You Want: 40 Lessons for a New Kind of Entrepreneur by Derek Sivers | Amazon

How to Conduct an Energy Audit and Why It Matters | Mochary Method Class #4

Finding the One Decision That Removes 100 Decisions (or, Why I’m Reading No New Books in 2020) | Tim Ferriss

Jeff Bezos: This Is the ‘Smartest Thing We Ever Did’ at Amazon | CNBC

How We Run Our Board Meetings to Benefit the Board and Brex | Brex

How Matt Mochary Became the Preeminent Tech-World CEO Coach | Fast Company

Forget New Year’s Resolutions and Conduct a ‘Past Year Review’ Instead | The Tim Ferriss Show #559

Azores | Visit Portugal

Shut Up! | Loud Austin

How to Say “No” When It Matters Most (or “Why I’m Taking a Long ‘Startup Vacation'”) | Tim Ferriss

The Alpinist | Prime Video

Dropbox Sign (formerly HelloSign)

Chief of Staff: Why You Need One | Mochary Method

Tactical Resources for Founders, Execs, and Chiefs of Staff by Regina Gerbeaux | Notion

Favela Rising | Prime Video

The Gloves (Full Movie) | Matt Mochary

My Fair Lady Pronunciation | YouTube

Rikers Island | Wikipedia

After Leaving Prison, This Man is Helping End Recidivism | Good Good Good

Real Second Chances Start Here | FreeWorld

Introducing ChatGPT | OpenAI

Hoʻakeolapono Trades Academy and Institute

Onboard Yourself in 30 Days | Regina Gerbeaux

The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph by Ryan Holiday | Amazon

The Tao of Seneca: Letters from a Stoic Master (aka The Moral Letters to Lucilius) | Tim Ferriss

SHOW NOTES

[05:36] Fear and anger give bad advice.

[10:23] Dispelling dating dread.

[17:19] The power of prediction.

[27:07] Next actions.

[30:56] Turning conversations into action items.

[33:36] Accountability for introverts and extroverts.

[38:20] What is Focusmate?

[40:23] Separating decision from implementation.

[44:43] Firing well.

[51:33] Effective and efficient recruiting.

[1:01:41] Getting honest feedback from past managers.

[1:04:10] The energy audit.

[1:10:36] Running effective and efficient meetings.

[1:18:56] Reducing and removing energy-depleting obligations from the calendar.

[1:34:01] Assistance with assistants.

[1:44:37] Why did Matt stop making documentaries?

[1:55:30] Why Matt’s building a startup.

[1:59:52] Rules, guide rails, and exit protocols.

[2:03:26] Downregulating anger and feeling the pain.

[2:19:16] Parting thoughts.

MORE MATT MOCHARY QUOTES FROM THE INTERVIEW

“Fear and anger give bad advice.”
— Matt Mochary

“When I coach someone, I become their manager, period, end of story. And if by the third meeting they feel more successful, more engaged, more empowered, then they know the system works. And it’s all written out, so they can just copy, paste, use with their team members, and then it works with their team members as well.”
— Matt Mochary

“In any organization, there’s a human that you are prioritizing. So if it’s a company, you’re probably prioritizing the customer. If it’s an investment firm, you’re probably prioritizing your LPs. If it’s your own personal life, you need to be prioritizing you.”
— Matt Mochary

“I find that generally, humans are not incompetent … they’re uninterested. But if you can find a place where they’re interested, suddenly they become very competent.”
— Matt Mochary

“I would say the most valuable thing about recruiting is first, learn how to fire well. And if you can do that, now the pressure is off, and you can take a little bit more chance on people you have intuition about that you really like, but maybe they’re inexperienced, maybe they’re young. And I find those people are often insanely good performers.”
— Matt Mochary

“Allow yourself to feel pain.”
— Matt Mochary

PEOPLE MENTIONED

Naval Ravikant

Brian Armstrong

Sam Altman

Ryan Holiday

Ayn Rand

Seneca

Marcus Aurelius

Gay Hendricks

Katie Hendricks

Steve Huffman

Wei Deng

Derek Sivers

Diana Chapman

Pedro Franceschi

Henrique Dubugras

Regina Gerbeaux

Eliza Doolittle

Jason Wang

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