Tony Fadell: The Game Has Changed! You Don’t Need Silicon Valley | E47

Tony Fadell is an amazing and successful engineer, entrepreneur, and investor. He is the father of the iPod, co-creator of the iPhone, founder and former CEO of Nest Thermostat, and the founder of Future Shape, a global investment and advisory company.In 2014, Tony Fadell was one of the Time Magazine’s 100 most influential people in the world. He is also a NY Times bestselling author with his book Build: An Unorthodox Guide to Making Things Work.It’s a true pleasure to have Tony on our show and hear how he searched and found his excellence!(00:24) Leaving the Silicon valley and inventing Nest ThermostatA trip around the world with his familyDesigning a new home on Lake TahoeRealized there were no good thermostats to remotely controlNest Thermostat was born in ParisThere is no need for Silicon Valley anymore, the game has changed(05:35) Money as a motivation to start a companyIt was never about making money, it was about solving a problemFocus on the inventions that fix real problemsYour success drastically changed the lives of your employees(10:14) Steve Jobs and when is the time to quitBook mention: Tony Fadell, Build: An Unorthodox Guide to Making Things WorkWorking for Steve – one of the most important things in his lifeRumors about Steve Jobs are just rumorsSteve cared about customers and products, he demanded excellence, and he wasn’t going after people for no reasonWhen is the time to quit? (When you don’t grow anymore, when you work for someone you don’t respect, and when you work in a team with serious flaws)If you’re working for an jerk, do you quit?(18:32) The importance of Extreme PreparationWhat is Extreme Preparation for Tony?VC pitch meetingsTED talks(21:10) The importance of mentors in search of excellenceEveryone needs a mentor (even Steve Jobs)The best mentors know human natureCoaches are something different(24:25) Fill in the blank to ExcellenceWhen I started my career I wish I had known – more about understanding the customerThe biggest lesson I learned in my life – when to say no and say it more oftenNo. 1 professional goal – to help people and mentor themThe greatest innovation in the next 50 years – Artificial IntelligenceResources Mentioned:Build: An Unorthodox Guide to Making Things Worth Making, Tony FadellNest ThermostatAppleSponsors:Sandee | Bliss: BeachesWant to Connect? Reach out to us online!Website | Instagram | LinkedIn