#287 The Founder of Rolls-Royce

**David Senra** (0:00)
I want to tell you about a one-time only limited event that I don't think you're going to want to miss. I am doing a live show with Patrick O'Shaughnessy from the Invest Like the Best podcast in New York City on October 19th. Patrick has interviewed over 300 of the world's best investors and founders for his podcast. I've read over 300 biographies of history's greatest entrepreneurs for my podcast. We'll be talking about what we learned from seven years of podcasting, sharing our favorite ideas and stories, and doing a live Q&A. There will also be special event-only swag. If you live in New York City, I think it's a no-brainer. But if not, I think it's a great excuse to fly in. I've already heard from a bunch of people that bought tickets. They're flying in from other cities. Some people are flying in from other countries. That's setting the bar really high, so I will have at least four shots of espresso, or four energy drinks before or during the show, so we can make it a night that you'll never forget. If you're interested in attending this unique live event, I will leave a link down below. I highly recommend you get your tickets today, and I hope I get to see you in New York on October 19th. So I just had a very unique experience, thanks to the presenting sponsor of this episode, which is Tiny. Tiny is the easiest way to sell your business. They provide straightforward cash exits for founders. Andrew Wilkinson, the founder of Tiny, has been a relentless supporter of founders podcasts. Not only has he been sponsoring the podcast for months, but he also speaks publicly about the quality of founders podcasts and gives enthusiastic endorsements for other people to listen to it. I've been so impressed with the business that he's built and hearing him speak about his philosophy of company building that when he invited me to speak at an event for a bunch of entrepreneurs, I willingly traveled over 3,500 miles just to go. And one of the things I love with dealing with Andrew and his team is that they have a passion for simplicity, just like Charlie Munger and Warren Buffett do. It is amazing how far you can get in life by taking something that's complex and just making it easier. And that's exactly what they're doing when they buy businesses. A lot of founders already know people that have sold business in the past. Usually it's a hassle, it's a headache. There's none of that when you sell your business to Tiny. When a founder goes to tiny.com and says, hey, I want to sell my business, they get a response within 48 hours, there's an offer made within seven days, and the founder gets exactly what they want, which is a straightforward cash exit. If you're a founder that wants to sell your business now or in the future, go to tiny.com. And if you stick around to the end of this episode, the last six minutes of this episode is a masterclass on product differentiation from Warren Buffett. I compare the ideas that Warren writes in his shareholder letters to the way that Tiny is building their business.
And one more thing before we jump into the unbelievable story of Henry Royce, which is the founder of Rolls-Royce. I wanna highly, highly recommend one of my favorite podcasts to you. I hope you're already following it, but if you're not following Invest Like the Best and your favorite podcast player, please do so now. The host of Invest Like the Best, Patrick, has become a friend and a partner, and he's been unbelievably influential in exposing way more people to Founders' podcasts. And he was doing so way before we even knew each other. He just thought it was high quality and that more people should listen to it. I feel the exact same way about his podcast. In fact, if you go to David's Notes, if you have a copy of my notebook, you'll see that I've been taking notes on episodes of Invest Like the Best all the way back in 2019 So if you're new to Invest Like the Best, let me recommend two quick episodes to you. Number 293, Mitch Lasky, The Business of Gaming. This is a podcast I will listen to over and over again. There is a lot of insight for founders into innovations in the actual business model, so the products that we're creating. And then I was lucky enough to be a guest on Patrick's show as well. That is episode 292, David Senra, Passion and Pain. And now let's jump into the unbelievable life and career of Henry Royce.