Pomp Reveals Why He Ended The Best Business Show

Summary

In this video, the speaker explains why they are ending their live show, citing three main reasons: a personal commitment to run the show for one year, frustration with the media industry's skewed incentives, and the need for more time with their family. Despite shutting down the live show, they plan to continue producing content, focusing on long-form interviews and writing. The speaker encourages viewers to prioritize doing what they truly want in life, rather than what they think they are supposed to do, highlighting the importance of living authentically and purposefully.

Takeaways

• 😀 The speaker initially committed to doing the show for at least one year, which is a significant reason for shutting it down now after fulfilling that commitment.
• 😀 After returning all uninvested outside capital in the investing business, the speaker made a conscious decision to prioritize personal freedom over external pressures.
• 😀 The speaker finds it more fulfilling to stay in the 'student' role, constantly learning, rather than being positioned as the 'teacher' or the one with all the answers.
• 😀 The speaker criticizes the media's incentives, which prioritize clicks, views, and sensationalism, leading to a distorted representation of reality.
• 😀 People online, especially on platforms like Twitter and YouTube, often create personas that are not reflective of their true selves, which the speaker finds unappealing.
• 😀 The incentives in mainstream media and daily content creation are skewed, pushing content creators into a cycle of superficial engagement instead of genuine learning and exploration.
• 😀 The speaker acknowledges that the incentives in the crypto and Bitcoin communities, as well as other industries, are similarly flawed, leading to the same negative outcomes.
• 😀 Trust in mainstream media is eroding, and audiences are increasingly seeking long-form, in-depth content where they can engage with the speaker or creators over time.
• 😀 The speaker is stepping away from the daily live show to spend more time with family, particularly with his daughter, as the time commitment of producing daily content has become unsustainable.
• 😀 The speaker highlights that despite the shutdown of the live show, they will continue to create and share long-form content, including interviews, writing, and social media posts, while prioritizing personal time.
• 😀 The final message encourages viewers to ask themselves daily if they are doing what they truly want to do, rather than what they feel they are supposed to do, in order to live a more fulfilled and happy life.

Q & A

Why is the speaker shutting down the show?

The speaker is shutting down the show due to three main reasons: the commitment to run it for at least one year, disillusionment with media incentives, and the desire to spend more time with family, particularly with their young daughter.

What was the speaker’s original commitment regarding the show?

The speaker initially committed to running the show for at least one year, and now, after fulfilling that commitment, they feel it's time to stop.

How does the speaker feel about the incentives driving media content?

The speaker expresses frustration with the incentives in media, especially the focus on clicks, views, and sensationalism. These incentives distort reality and create characters out of people, pulling them away from their true selves.

What is the speaker’s preferred role in learning and content creation?

The speaker prefers to be in the 'student' role, focusing on learning rather than being seen as a 'teacher.' They want to ask questions and seek knowledge from others, rather than constantly providing answers.

Why does the speaker want to stop playing the role of the teacher?

The speaker no longer wants to be viewed as the person with all the answers. They believe that the role of the teacher takes them away from their main goal of learning and being a student, which they find more valuable.

What are the time commitments associated with running the show?

The show required a significant time commitment, including 2.5 to 3 hours of daily live recording, along with producing newsletters, podcasts, YouTube videos, and social media content. This extensive workload left the speaker with less time for personal pursuits.

How has the speaker’s personal life influenced the decision to shut down the show?

The birth of the speaker’s daughter has made them prioritize family time. They want to spend more time with their family, which is challenging given the large time commitment required for the show.

What is the speaker's new focus moving forward?

The speaker plans to focus on creating long-form content, such as interviews and in-depth discussions, rather than daily shows. They want to move away from the pressure of constant content production.

What does the speaker hope the audience will take away from this decision?

The speaker hopes the audience will reflect on whether they are doing what they *want* to do or what they feel they are *supposed* to do. They emphasize that doing more of what you truly want leads to a happier life.

How does the speaker plan to continue providing value to the audience after the show ends?

The speaker plans to continue creating valuable content through long-form interviews, writing, tweets, and videos, but without the daily live show. This allows them to focus on quality over quantity.