Ep 92Don't blow your top at employees. Here's what to do insteadDr. Rich Roberts
▶0:48
Don't blow your top at employees. Here's what to do instead
Ep 92"What jobs are beneath you?" The one question he asked every executiveDr. Rich Roberts
▶1:04
"What jobs are beneath you?" The one question he asked every executive
Ep 92No raises for 2.5 years, and his employees still shut out the unionDr. Rich Roberts
▶0:46
No raises for 2.5 years, and his employees still shut out the union
Ep 92The simplest investing strategy: just buy SPY on a scheduleDr. Rich Roberts
▶0:35
The simplest investing strategy: just buy SPY on a schedule
Ep 92I sat with billionaire real estate donors, and I was shockedDr. Rich Roberts
▶1:14
I sat with billionaire real estate donors, and I was shocked
Ep 92If they're so rich, why are they selling you a course?Dr. Rich Roberts
▶0:42
If they're so rich, why are they selling you a course?
Ep 92He asked a billionaire to teach him 40 years of real estate in 30 minutesDr. Rich Roberts
▶0:53
He asked a billionaire to teach him 40 years of real estate in 30 minutes
Ep 92Call the references who aren't on the resumeDr. Rich Roberts
▶1:17
Call the references who aren't on the resume
Ep 92How to catch a candidate taking credit for work he didn't doDr. Rich Roberts
▶1:05
How to catch a candidate taking credit for work he didn't do
Ep 92Excess capacity is found money: the bagel shop that sells falafel after 2pmDr. Rich Roberts
▶1:22
Excess capacity is found money: the bagel shop that sells falafel after 2pm
Ep 92Billion-dollar investors walked into his messy office, and loved itDr. Rich Roberts
▶0:46
Billion-dollar investors walked into his messy office, and loved it
Ep 92Before you ask for a raise, do this firstDr. Rich Roberts
▶1:11
Before you ask for a raise, do this first
Try this · top 3
Quotes
“If they got so wealthy, why do they have to charge you? (on online get-rich course sellers)”
Dr. Rich Roberts
“If it's up, I buy. If it's down, I buy. Make sure you don't sell though.”
Dr. Rich Roberts
“Try to call references but not the ones that are on the resume because that's usually their friends.”
Dr. Rich Roberts
“What jobs are beneath you? (the one question he asked every senior hire)”
Dr. Rich Roberts
“The amount that a company is going to pay you has nothing to do with how much money you need. It has to do with the value that you bring.”
Dr. Rich Roberts
Takeaways
1 Education in AI, robotics, science or finance is his first pick for a 22-year-old today. Trades like plumbing and electrical work are the most protected from robots and avoid heavy school debt.
2 Controlling a billion dollars of real estate can mean a net worth of zero if it is fully mortgaged. Big giving is not proof of wealth either.
3 Work for someone in your target field first. Experience teaches what school cannot, like the manufacturing VP who had already seen and solved the same problem five times.
4 For extra income, dollar-cost average into the S&P 500 and keep enough cushion that you are never forced to sell in a downturn. Panic selling is how wealthy people take money from others.
5 He uses AI daily for research, tech fixes and medical checks at about $20 a month, and it pays for itself. Pair it with hard work and working smart: hire help or automate instead of grinding 12-hour days.
6 Hiring: interviews can be faked, so check off-resume references, be wary of job-hopping with excuses, look for energy and a no-job-beneath-me attitude, and drill into specifics until real knowledge shows.
7 As a company grows, the founder must let go: interview only senior people, assign work, spot check, set metrics where possible and manage by exception. Mom-and-pop control is why many $30-60 million companies collapse.
8 A roll-up (buying more of the same business) cuts costs through shared buying, one accounting department and less inventory. Excess capacity, like a second shift or idle hours, is nearly pure profit.
9 Feedback: read the person first, stay unemotional, put it in plain writing, and build a paper trail toward a corrective plan if needed.
10 Raises follow performance and market value, not personal need. Pay superstars well, and be open with staff when money is tight. Sharing with employees is good ethics and good business.