#590: Tony Fadell of iPod, iPhone, and Nest Fame — Stories of Steve Jobs on “Vacation,” Product Design and Team Building, Good Assholes vs. Bad Assholes, Investing in Trends Before They Become Trends,

Brought to you by LinkedIn Marketing Solutions marketing platform with ~770M users, LMNT electrolyte supplement, and Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating. More on all three below. Tony Fadell (@tfadell) is an active investor and entrepreneur with a 30+ year history of founding companies and designing products that profoundly improve people’s lives. As the principal at Future Shape, a global investment and advisory firm coaching engineers and scientists working on foundational deep technology, he is continuing to help bring technology out of the lab and into our lives. Currently, Future Shape is coaching 200+ startups innovating game-changing technologies.  Tony began his career in Silicon Valley at General Magic, the most influential startup nobody has ever heard of. He is the founder and former CEO of Nest, the company that pioneered the “Internet of Things” and created the Nest Learning Thermostat. Tony was the SVP of Apple’s iPod Division and led the team that created the first 18 generations of the iPod and the first three generations of the iPhone. Throughout his career, Tony has authored more than 300 patents. In May 2016, TIME named the Nest Learning Thermostat, the iPod, and the iPhone as three of the “50 Most Influential Gadgets of All Time.”  His new book is Build: An Unorthodox Guide to Making Things Worth Making.  Please enjoy! This episode is brought to you by LinkedIn Marketing Solutions, the go-to tool for B2B marketers and advertisers who want to drive brand awareness, generate leads, or build long-term relationships that result in real business impact. With a community of more than 770 million professionals, LinkedIn is gigantic, but it can be hyper-specific. You have access to a diverse group of people all searching for things they need to grow professionally. LinkedIn has the marketing tools to help you target your customers with precision, right down to job title, company name, industry, etc. To redeem your free $100 LinkedIn ad credit and launch your first campaign, go to LinkedIn.com/TFS! * This episode is also brought to you by Eight Sleep! Eight Sleep’s Pod Pro Cover is the easiest and fastest way to sleep at the perfect temperature. It pairs dynamic cooling and heating with biometric tracking to offer the most advanced (and user-friendly) solution on the market. Simply add the Pod Pro Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. It also splits your bed in half, so your partner can choose a totally different temperature. And now, my dear listeners—that’s you—can get $250 off the Pod Pro Cover. Simply go to EightSleep.com/Tim or use code TIM at checkout.  * This episode is also brought to you by LMNT! What is LMNT? It’s a delicious, sugar-free electrolyte drink mix. I’ve stocked up on boxes and boxes of this and usually use it 1–2 times per day. LMNT is formulated to help anyone with their electrolyte needs and perfectly suited to folks following a keto, low-carb, or Paleo diet. If you are on a low-carb diet or fasting, electrolytes play a key role in relieving hunger, cramps, headaches, tiredness, and dizziness. LMNT came up with a very special offer for you, my dear listeners. For a limited time, you can claim a free LMNT Sample Pack—you only cover the cost of shipping. For US customers, this means you can receive an 8-count sample pack for only $5. Simply go to DrinkLMNT.com/Tim to claim your free 8-count sample pack. * How did Tony overcome his lack of patience long enough to write Build: An Unorthodox Guide to Making Things Worth Making? [07:38] What did Tony learn from Steve Jobs about taking vacations, and why did he lead the “Killing Yourself for Work” chapter in Build with this story? [12:30] As a CEO, what did Tony accomplish in his downtime? [21:03] Tony shares his thoughts on managing big jobs with small teams, and how to chalk up wins that best alleviate burnout. [24:07] The best practices Tony has found for efficiently dividing labor among the members of a small team. [28:40] What do the headcount and org chart look like within Future Shape? [36:20] How does Future Shape differ from a VC firm, and what is its mission? Why was the COVID pandemic minimally disruptive to the way the company handles meetings and does business? [39:17] What is programmable electrification, and how is Future Shape involved in its development? [44:50] “The story doesn’t exist to sell your product. It’s there to help you define it.” Tony shares how this concept played into the creation of Build, and what Build is intended to provide to its readership. [51:00] How did Steve Jobs use story to define projects and products at Apple? [59:47] Tony admits that plenty of people think he’s an asshole. But what differentiates an acceptable asshole from an unacceptable asshole? [1:01:43] In our last conversation, Tony drove home the necessity of finding creative ways to cope with the world’s overabundance of plastics. What progress has been made on this front since then, and what other materials can be reclaimed from the things we throw away regularly? [1:06:12] How does Tony’s small team leverage its time and resources to focus on solving the problems that will have the largest impact? [1:09:17] Underestimated targets related to climate change that Tony thinks deserve more attention. [1:13:16] Tony’s thoughts on the efficacy of carbon removal, and companies that are aiming to do it right. [1:17:45] How will geopolitics figure into the supply chain for an electron-based economy? [1:24:28] How can we cultivate optimism in our younger generations when the constant barrage of doom and gloom from the media is generating higher-than-ever levels of apathy and passivism in the populace? What can we do to consume a healthier media diet? [1:30:34] Audience asks and parting thoughts. [1:37:58] * For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast. For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsors. Sign up for Tim’s email newsletter (5-Bullet Friday) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. 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