671 Building an Iconic Streetwear Brand, Making $7 Million in 40 Minutes, The Power of Garfield, Why Korean Entertainment is Taking Over the World, Maintaining the Mystery, The Fickleness of Fortune
This is a OPEN AI summary of the Tim Ferriss Podcast #671 visit www.TinyTim.blog for more AI summaries, or www.Tim.blog for the official Tim Ferriss Podcasts.
In this episode of The Tim Ferriss Show, Tim Ferriss sits down with Bobby Hundreds to discuss his new book, NFTs Are a Scam / NFTs Are the Future. Bobby explains how he got involved in the world of Web3 and shares his thoughts on the future of NFTs.
Bobby Hundreds is a successful businessman and entrepreneur who credits much of his success to meeting Abe Edelman, a genius research attorney, during his time interning at the L.A. Superior Court. Abe took Bobby under his wing and encouraged him to pursue his dreams, which eventually led to Bobby founding The Hundreds, a successful clothing company. In this conversation, Tim Ferriss interviews Bobby about his brand, The Hundreds. Bobby discusses how the brand is a personal project that is more like a diary, and how it is different from other clothing companies.
In this excerpt, Tim Ferriss and Bobby Hundreds discuss the latter's experience with ADHD and how it has affected his life and work. Bobby describes how he often has to doodle to keep himself engaged and focused, and how this has helped him in his career. He also briefly discusses the success of The Hundreds and how it has impacted him emotionally and spiritually.
In this article, Bobby Hundreds discusses the origins of his brand, how it was inspired by the punk scene, and how tech has changed the way authors and brands interact with their fans. He talks about how he got into the fashion industry and how WARP magazine was an important part of that. He also discusses how Japan was important to him, both in terms of his career and personally. Bobby Hundreds interned at WARP magazine after being inspired by its unique ability to bring together different subcultures. He learned that he could use all of his skills as a photographer, writer, and artist in one place, and that this would be respected by others. This experience shaped his view that seemingly disparate interests can actually complement each other, and that this is something to be celebrated. Bobby Hundreds discusses how the internet has changed the way people view multi-hyphenate individuals. He explains that in the past, people were often limited to one area of interest or talent, but now the world is more open to people pursuing multiple interests. He also talks about how this change has affected younger generations, who are more likely to see all areas of interest as valid and worth pursuing. Bobby Hundreds talks about how people in the postmodern age don't subscribe to any one truth, and how this has led to a lot of boundary-pushing behavior. He then talks about how Japan became the center of streetwear fashion in the late 1990s. Japanese fashion designer Nigo was known for monitoring young people's style and elevating it to create a more premium streetwear. His work in the 80s and 90s made Japanese streetwear very popular. In the US, many things that were once unique to the culture have been transplanted to Japan, including manufacturing and automobiles. However, Korean pop culture is
Bobby Hundreds discusses the recent rise of Korean pop music and culture. He attributes the success of Korean culture to factors such as high broadband penetration and a few successful exported cultural products. He also discusses how, for Korean-Americans growing up in the 80s, there was little to no representation of their culture in American pop culture.
Bobby Hundreds, the founder of streetwear brand The Hundreds, talks about the early days of the brand and the importance of collaboration. He explains that by working together with other brands, they were able to build a stronger platform for all involved. He also discusses the importance of staying in one's home town and being the "big fish in the small pond" in order to build relationships with the movers and shakers in the industry.
In this conversation, Bobby Hundreds and Tim Ferriss discuss the importance of people over product. Bobby emphasizes that creators should always be evolving, and that investors should look for people who are adaptable and have the ability to read people and gauge emotional states. They discuss how nunchi, a Korean word meaning "sensitivity," is evident in successful people and brands. Bobby talks about how he can tell when someone is about to "break" and become a big deal.
In this conversation, Tim Ferriss and Bobby Hundreds discuss the difficulties of changing one's phone number. Bobby explains that it is harder to change numbers today because so much of our phone is connected to our identity for two-factor authentication purposes. Tim and Bobby agree that in order to change numbers, one must be willing to lose relationships. In the midst of the pandemic, people are bored and gambling more, and this has led to a sudden interest in NFTs. Bobby Hundreds has been inundated with requests from people wanting to get involved, but he is feeling overwhelmed and guilty about having to say no to many of them. In this episode, Tim Ferriss and Bobby Hundreds discuss how to protect yourself from online attacks by using two-factor authentication or a one-time password. They also recommend changing your phone number to protect yourself from phone number spoofing attacks. Bobby Hundreds and Tim Ferriss discuss the pros and cons of changing one's phone number. Bobby argues that the upside is that it allows you to start fresh and have more control over who has your number. Tim points out that there is some downside in terms of the inconvenience it causes for your contacts, but Bobby argues that it is worth it in the end. Tim Ferriss talks about how he loves washing the dishes because it's the only place where nobody asks him for anything. He says that surfing is also a great way to get some peace and quiet, and that changing his phone number has been a great way to reduce the amount of messaging he gets. Bobby Hundreds believes that creativity is born of struggle, and that Korea is a prime example of this. He suggests looking to other regions of the world that
The Hundreds is a clothing company that was started by Bobby Hundreds. The company has seen a lot of success, but it has also been affected by the changing tastes of the fashion industry. Streetwear was having a moment in the early 2000s, but the trend eventually came to an end. Jeff Staple, founder of Staple Design, talks about the origins of streetwear and its recent resurgence. He says that the current trend is a return to more "grounded" streetwear that is more closely connected to the community. Bobby Hundreds talks about how they saw the current downturn coming a year ago and started taking measures to cut costs and prepare for it. He says that when retailers start discounting product, it sends ripples across the board six to eight months later that can lead to a decrease in sales.
In this conversation, Tim Ferriss and Bobby Hundreds discuss the importance of collaborations for businesses. Bobby explains that a collaboration can be as simple as two brands working together on a new product, or as complex as two brands working together on a project. He also talks about how streetwear brands are often seen as "anti-establishment" and how the Disney collaboration was one of the first major collaborations for The Hundreds. Bobby attributes the success of the project to their approach of making it look like they had the upper hand on Disney, even though it was a collaboration.
In this interview, Bobby Hundreds discusses the process of collaborating with other brands and artists, and how they aimed to work with smaller or more obscure properties to stand out from other streetwear brands. The Bobby Hundreds brand is all about collaborating with other artists and properties to create unique designs. Their latest collaboration is with the Phantom of the Opera, which they say highlights the nuances of their brand. The company is doing well and introducing new collaborations regularly.
In this conversation, Tim Ferriss interviews Bobby Hundreds about his experience with branding and marketing. Bobby shares that he believes inbound projects are usually more successful than reaching out to partners cold. He also talks about the Garfield licensing deal and how it was a huge success. They then discuss reclusive cartoonist Bill Watterson and streetwear pioneer Don, who both had a lasting impact on Bobby Hundreds.
In this conversation, Bobby Hundreds and Tim Ferriss discuss the idea of disappearing for long periods of time in order to focus on one's work. Ferriss argues that this is something that only a few people can do, and that it requires a great deal of discipline. However, he also suggests that the key may be to have friends who can provide support and encouragement. In this conversation, Tim Ferriss interviews Bobby Hundreds about his experience with NFTs (non-fungible tokens). Bobby explains that while the experience was ultimately worth it, it was also very painful and difficult at times. He talks about how he made more than $7 million in 40 minutes by selling 25,000 NFTs, but notes that this was only possible because he had been tracking and studying NFTs for a while before most people were even aware of them. The Bobby Hundreds and Tim Ferriss talk about the $7 million they made from their NFT project. They explain that the money went back into the company and that the project was a year in the making. They also talk about how the project was motivated by wanting to reduce waste in the fashion industry. In this interview, Tim Ferriss talks to Bobby Hundreds about the importance of giving back to the community and how it can help brands succeed. Bobby explains that they lost money by investing in their community, but it was worth it in the end. He also talks about how their work in the early days of collaborations taught them lessons that they later applied to their own business. Bobby Hundreds discusses the rise of NFTs and how they are being used to gamble and trade collectibles. He argues that eventually everything will be recorded on the blockchain and that this will lead to less waste and more efficient trading.
Bobby Hundreds and Tim Ferriss discuss the pros and cons of NFTs. Ferriss argues that the anonymity of the NFT community breeds bad behavior, while Hundreds argues that NFTs have the potential to reduce friction in the buying and selling process. They both agree that the user interface for NFTs is currently very complicated.
Bobby Hundreds discusses the lack of infrastructure and regulation in the cryptocurrency world, and how this can be both good and bad depending on the situation. He argues that digital ownership and sovereignty is important, but that the conversation is outpacing the infrastructure at this point. He thinks that smart contracts will be useful for things like records of deeds and ownership receipts, and that membership programs like Starbucks' rewards program and Nike's .SWOOSH are examples of where the space is headed. The race to the bottom to capture more royalties is still happening, and it is having a negative impact on musicians and artists. There is a need for innovation in the marketplace to ensure that creators are still able to earn royalties from their work.
In this excerpt, Bobby Hundreds and Tim Ferriss discuss the behind-the-scenes of Ferriss's delays in launching his project, as well as the competitive pressures that Ferriss was feeling as an investor in OpenSea. The Bobby Hundreds and Tim Ferriss discuss the NFT craze of 2021. Bobby explains how the community's expectations changed once people started making money off of NFTs. He also talks about how artists are struggling to keep up with the new market dynamics, and how the best way for them to make money is to create more collections.
In this conversation, Tim Ferriss interviews Bobby Hundreds about his new book, "NFTs Are a Scam / NFTs Are the Future". Bobby explains that he initially had a visceral reaction to NFTs, but that he eventually decided that they were worth investigating further. He talks about how NFTs can be used to flip money, and how this caused problems for him when launching his own NFT project. Ferriss and Hundreds discuss the importance of taking your time to make judgments about people and situations, and they talk about how technology and science are all about making mistakes and correcting them. They also discuss how taking your time to develop a sense of awareness (nunchi) can lead to success in the long run.
In this interview, Bobby Hundreds discusses his work as a streetwear designer and author. He talks about how his writing is purely him, and how designing clothing involves many other people. He also talks about his Substack, Monologue, where he covers a range of topics from fatherhood to mental health. In this conversation, Tim Ferriss and Bobby Hundreds discuss NFTs (non-fungible tokens). Bobby explains that he wrote a book called NFTs Are a Scam / NFTs Are the Future because he wanted to explore both sides of the argument. He is excited about the potential of NFTs and the new opportunities they present for artists and creators. Tim agrees that NFTs are worth paying attention to, and he predicts that Bobby will be successful in this space.
https://tim.blog/2023/05/11/bobby-hundreds/
