Episode 68: Facebook Fined $5 Billion, Warren Buffett's Ideal Employee, More Johnson & Johnson PR Struggles, Mediation Strategies, Building Impactful Habits, and Defining Your True Age

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01:01:48

July 16th, 2019

1 hr 1 min 48 secs

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About this Episode

Show Description:

In today's current events, we discuss the $5 billion fine issued to Facebook by the FTC and the future of user data, quality characteristics that Warren Buffett looks for in his employees, and Johnson & Johnson's recent PR hit involving more baby powder lawsuits and allegations.

In real life experience, we talk about different mediation techniques we are implementing with visualization and journaling, defining your true age through knowledge and experience, and healthy eating habits.

In the book talk section, Slager talks about living in the present moment from "Don't Sweat the Small Stuff," and Tim discusses a new strategy to implement better habits into your day, influenced by James Clear's "Atomic Habits."

Show Highlights:

2:15-7:15: We give our weekend recap, morning golf highlights, and some insight on the Broad Ripple Farmers Market.
7:15-16:15: Facebook was fined $5 Billion by the FTC for not being transparent about sharing user data in the Cambridge Analytica scandal. We discuss the impact of this, why the stock went up, and what Facebook must do in the future to prevent issues like this from happening again.
16:15-21:15: We talk about characteristics that Warren Buffett looks for when hiring employees, how we can implement these things in our daily work, and what it means to be selfless in the workplace.
21:15-28:45: The Department of Justice is investigating allegations that Johnson & Johnson lied about talc cancer risks its baby powder. We talk about the current status of lawsuits, the stock drop, and next steps for J&J as it tries to overcome this PR struggle.
28:45-37:15: We talk about different meditation strategies we are implementing, revolved around "daily savers", visualization, and what each of our "think zones" are. We also discuss how incorporating journaling along with mediation can enhance your overall reflection and experience.
37:15-49:45: Slager reflects on what it means to think of yourself in terms of your "true age," combining knowledge and experience and not assigning a number. We discuss putting the right things into your body (food and knowledge), and this leads into a discussion about healthy eating plans we are currently exploring and implementing.
49:45-56:45: Slager analyzes a chapter from "Don's Sweat the small Stuff," which talks about being present, and we discuss ways you can develop great habits in the areas of health, wealth, love and happiness.
56:45: Tim talks about the concept of habit stacking from "Atomic Habits" from James Clear, and how we can build in good habits into our day by combining it with an already existing habit.