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Matt Mochary01 March 2023

#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for Hiring the Right People, and More

9Frameworks
7Insights

Frameworks in this episode

Insights & moments

The myth-busts, hot takes, explainers, and tools worth keeping.

Hot Take· 1

Hot Take47:00

Many ‘Incompetent’ People Are Working in the Wrong Role

Mochary says sustained disinterest eventually loses to people who enjoy and study the work, even when those competitors begin with less experience. Before deciding that someone is incapable of useful work, he recommends becoming curious about what they genuinely enjoy and where that interest could translate into valuable performance.

  • Disliked work becomes hard to sustain at a high level
  • Interested competitors keep learning and investing energy
  • Anger can prevent a manager from becoming curious about strengths
  • A different role can reveal competence hidden by poor fit
  • A manager can offer help but cannot force someone to engage

if you don't like something that you're doing, in the end, you won't do it well.

Matt Mochary · 47:30

generally, humans are not incompetent. What they are is, they're uninterested.

Matt Mochary · 48:00
#talent#role fit#motivation#management

Explainer· 1

Explainer43:00

Your Team Watches How You Treat Every Person You Fire

Mochary argues that losing a job is a major life trauma that makes self-advocacy difficult. Helping a departing employee take the first steps toward a suitable role also reassures everyone who remains, reducing their fear about how they would be treated if they were later let go.

  • Home, a primary relationship, and a job are three major life pillars
  • Job loss can impair the person's ability to search and advocate
  • A manager can help the departing employee begin the next search
  • Remaining employees silently judge how the company handles departures
  • Humane treatment can reduce fear and improve performance

the people who stay are watching, and they're watching how you treat this person

Matt Mochary · 44:30

when people eliminate fear, then their brains work better, and they'll perform better for you.

Matt Mochary · 45:00
#firing#management#trust#culture

Story· 2

Story1:47:00

Seven Failed Hires Led to FreeWorld's Truck-Driving Model

Mochary recounts helping a formerly incarcerated man change how he dressed, spoke, and interacted, only to see seven employers dismiss him after background checks. Research led them to truck driving, where skills shortages made criminal history acceptable; the man built a stable life, and the experiment eventually grew into FreeWorld under Jason Wang.

  • The first participant received offers but repeatedly failed background checks
  • Construction, truck driving, and farm work were identified as shortage-driven paths
  • Truck-driving school provided a practical urban route to employability
  • The participant was still doing well 14 years later with a family
  • FreeWorld scaled the model under a leader who had himself been incarcerated

This happened seven times. Then we realized, you know what? This isn't working.

Matt Mochary · 1:54:00

60 days later he had a job as a truck driver and making 60,000 a year.

Matt Mochary · 1:55:00
#freeworld#reentry#truck driving#employment
Story1:58:30

Why Matt Coaches Startups Instead of Running Them

After deciding he no longer wanted to operate startups, Mochary realized he still missed strategy, consequential conversations, and a wider impact. Coaching gave him access to those parts without taking on the operational burden, while also letting him support projects such as FreeWorld and a Hawaiian vocational school through their leaders.

  • Mochary no longer needed startup income and did not want the workload
  • He still missed strategy and consequential conversations
  • Coaching let him participate without becoming the operator
  • He applies the same arrangement to social-impact organizations
  • He compares coaching to shooting beside an expert and sharing a sense of impact

I missed the conversations, I miss the strategizing.

Matt Mochary · 1:59:00

if I coach, then I can be in all the conversations, but I don't actually have to do the work.

Matt Mochary · 1:59:30
#coaching#startups#work design#impact

Takeaway· 3

Takeaway07:00

A Soulmate Can Still Be the Wrong Long-Term Partner

Tim describes ending an amicable five-year relationship with someone he still considers extraordinary and possibly a soulmate. His conclusion is that profound connection does not automatically establish compatibility for co-living, raising a family, or every other long-term requirement.

  • A deep emotional match can coexist with practical incompatibility
  • Trust was the rarest and most valuable part of Tim's relationship
  • Starting again felt daunting after coming close to having children
  • Tim rejects the idea that there can be only one soulmate

just because someone feels like or is your soulmate does not actually mean that you are compatible in all ways long-term.

Tim Ferriss · 12:00

that type of match does not immediately imply that you are compatible co-living in the same space, having a family, et cetera.

Tim Ferriss · 12:00
#relationships#compatibility#trust#dating
Takeaway1:23:30

The Lonely Side of Creating Total Freedom

Tim says he engineered enough freedom to ski on a Wednesday afternoon or travel when he chooses, yet few peers can join him. Mochary characterizes the result as experiencing retirement before retirement, while Tim notes that he still works on a podcast and creative projects that give him energy.

  • Schedule freedom does not guarantee companionship
  • Shared experiences changed how Tim experienced solo travel
  • Most peers had not created the same weekday flexibility
  • Tim continued work that remained creatively energizing

you can end up feeling very, very lonely in the pursuit or experience of this freedom that you've worked so hard to create.

Tim Ferriss · 1:24:00
#freedom#loneliness#retirement#lifestyle design
Takeaway2:02:30

Matt Used Free Work to Discover Who and What He Loved

Equity created friction in two of Mochary's first 20 coaching relationships, so he adopted a no-cash, no-equity, no-investing policy and coached for free. Because unpaid work would be irrational if he disliked the people or activity, the policy forced clarity about the relationships and work he genuinely enjoyed.

  • Equity complicated two early coaching relationships
  • Mochary removed cash, equity, and investing from the arrangement
  • Working free made dislike impossible to rationalize financially
  • The period helped him learn exactly who and what he loved
  • Later software payments went to developers rather than to Mochary

no cash, no equity, no investing, no nothing. I am doing this for free.

Matt Mochary · 2:03:00

that would force me to only interact with people that I love and do things that I love

Matt Mochary · 2:03:00
#guardrails#money#coaching#joy