Billionaire entrepreneur Manoj Bhargava to launch podcast for the average investor

The Business of Everything podcast will be available soon on Youtube, Spotify, Apple and everywhere else you find your podcasts. Billionaire founder of 5-Hour Energy and philanthropist, Manoj Bhargava, will be answering all of your burning business and investment questions weekly. 

Have a question for Manoj? 

Email: Manoj@businesswithmanoj.com

Call: 1-877-424-1004

Transcript: 

LOREN TORRES: I'm sitting here with Manoj, leader of the Business of Everything podcast, creating this podcast that is set to publish when?

MANOJ BHARGAVA: At the end of February.

LOREN TORRES: OK. I would love to talk about why you decided to start this podcast.

MANOJ BHARGAVA: Well, I've built a few large businesses-- each one over a billion dollars-- and I see so much stuff that's just nonsense because it's taught by people who've never done business. You've got professors, you've got consultants, you've got all of these people, and they teach you this stuff which is just wrong. What we're going to do is give everybody a different perspective as to how we disagree-- how I disagree. They can take it or don't take it, but, definitely, it'll be fun. And it'll be funny because some of this stuff you can't make up.

LOREN TORRES: I would love to talk about one example of a common one that you think is just really worth discussing today.

MANOJ BHARGAVA: So I interview people a lot, all the time, for hiring. And several people I've interviewed, I said, well, what do you do all day? And he goes, well, 35%, 40% of my time goes to making PowerPoints or something. Sorry? When do you actually do your work, if you're spending 40% of your time doing PowerPoints? So what I did was in our company I said internally PowerPoints are illegal. Because we're not five years old. We don't need pictures. Just make bullet points, just one-page bullet points. I don't need circles and stairs and charts and graphs and-- why? It made no sense. Especially if you're wasting all this time.

LOREN TORRES: As you've said, people can expect to hear a lot about all of these things that maybe they do every day and maybe aren't the most efficient practices. And you're trying to help people do away with that. And so, I would love to know who this podcast is for. Is this for entrepreneurs, do you think this is for people in their startup roles, or just for the general listener?

MANOJ BHARGAVA: It's actually for the investors, retail investors that buy stocks and whatever. They don't really understand investing because nobody really taught them. And all you've got is Wall Street speak, which is, really, a lot of nonsense. You've got people who predict stuff all the time. Predictions are wrong almost all the time, and, yet, we keep listening to the same prediction. So somebody's got to really say, OK, how do you actually do this to make sense?

LOREN TORRES: If someone only had 60 seconds to hear your best piece of investment advice, what would that be?

MANOJ BHARGAVA: Here's the thing. There's some parts of investing that are broken out into several pieces-- one is gambling, where you say, oh, the stock's going to go to the moon, right; or speculation, where you're putting money in a company that makes no money; then there's investing in companies that make money. And then, you look at them and say, what's the risk here? Right? I don't want to lose my money; and then, there's the fourth kind, which is, you put it in the bank and inflation eats it away. So you've got to understand all of them and what their position is. Because if you don't understand it, you can't do it.

LOREN TORRES: Absolutely. And I want to know, if there's a key takeaway that you could give to the listeners from your podcast, what would you want that to be?

MANOJ BHARGAVA: I think everybody wants to really know how everything works, right? And the funniest stuff is the truth, right? And when you look at it, you're going to say, oh my god, why didn't I think of that? That's what this podcast is about. It's getting to the obvious.

LOREN TORRES: Talk to me about how you want the community to engage with you and what you want to receive from your audience to best serve them.

MANOJ BHARGAVA: OK. Well, I think lots of people want questions. Look, I've got this investment. Should I do it or should I not? Right? Or, I'm doing this, I'm going to buy this company. Should I do it or not? I'm hiring people. What should I do? Every business has several businesses within it. Right? There's hiring, there's making, there's buying. There's questions for everything, right? So whatever my experience is, from that I'll be answering those questions. And if I don't know the answer, then I won't answer it. [LAUGHING]

LOREN TORRES: But you invite all questions, then? Yeah.

MANOJ BHARGAVA: Invite all questions. And, I mean, there's stuff that I don't know anything about. I mean, in which case, I'll just, no, I don't know anything.

LOREN TORRES: Yeah.

MANOJ BHARGAVA: Yeah.

LOREN TORRES: It's a good business practice. Don't preach what you don't know, of course, right? Yeah.

When and where people can tune into The Business of Everything with Manoj, I just want to give everybody some information here. So it's going to be available on YouTube, @BizwithManoj. That's B-I-Z W-I-T-H Manoj, M-A-N-O-J. And then, it'll be available on Spotify, Apple Podcasts and everywhere else that people would like to consume their podcasts.

And if people want to submit questions, they can email Manoj at businesswithmanoj.com, or in the comments on YouTube, or they can call a number, 877-424-1004. And we're really looking forward to this podcast.