LYM #019: Derek Sivers, founder of CD baby, on closing chapters to start new ones
This week Peter talks with musician and founder of CD Baby, Derek Sivers. Hear how he has approached life after the sale of CD baby and what being pop philosophy writer means for him. Peter and Derek discuss the implications behind “expiration dates” and how its okay to close one chapter to be able to start the next. Stick around for the “Reaper Round” where Derek lucked out and didn’t have to eat the reaper but still shares some great insight!
Time Stamps
(0:00) Welcome back to the Live Your Mission show!
(0:39) Mission Meats announcement
(1:56) Intro to our conversation with Derek Sivers
(4:52) Welcome to the show, Derek!
(5:06) Derek’s current mission/impact
(7:03) Derek’s life after “CD Baby” // Sees himself as a musician rather than an entrepreneur
(9:26) Derek’s mindset on money
(10:28) “We have to admit when our mission has changed”
(11:42) Expired identity
(12:36) Ask yourself, “Who are my heroes?”
(13:27) The right mindset when approaching failures
(16:35) Derek’s journey to becoming an author // A TED Talk story
(18:37) Why this is important for YOU // Sharing and admitting your failures
(21:37) A metaphor on past mistakes: Lifting weights at 44
(26:43) What Derek would’ve done differently, knowing what he knows now
(27:51) Profit vs. Purpose
(31:17) Derek’s article, “The Balance”
(35:37) Money, and the “Starving Artist”
(37:28) THE (Non)REAPER ROUND
Books Mentioned in this episode:
Where to find Derek:
His website here
Twitter: @sivers
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- Post on social using #LIVEYOURMISSION and share with us who you want to nominate (or yourself) thats living out their mission to the fullest!
- You can also email nominations into mission@missionmeats.co
How to enter #missionreaper challenge for your chance at $100 worth of free snacks
- Grab your bag of Carolina Reaper Beef Jerky (be sure to get some for your friends too!)
- Record your reaction to the HEAT. We dare you to eat the whole bag!
- Upload your video to Facebook or Instagram and tag #MISSIONREAPER to enter! We'll pick one monthly winner.