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Olympic Economics (w/ Apolo Ohno)

Crazy Money with Paul Ollinger

Release Date: 09/29/2020

Family Fortune & Misfortune (w/ Janny Scott) show art Family Fortune & Misfortune (w/ Janny Scott)

Crazy Money with Paul Ollinger

Janny Scott grew up on an 800-acre estate near Philadelphia. The descendant of railroad barons and financial magnates, Janny tracks the effects of her family’s multi-generational wealth in her book, The Beneficiary: Fortune, Misfortune, and the Story of My Father. In the book, she lays the details of both the opulence and the tragic complications of her family’s vast resources. While things appeared perfect from the outside, alcoholism, suicide, divorce, and idleness derailed many of her relations.

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Asian-American Attitudes About Money and Success (w/Kathy Wang) show art Asian-American Attitudes About Money and Success (w/Kathy Wang)

Crazy Money with Paul Ollinger

Kathy Wang grew up in Northern California and graduated from UC Berkeley and Harvard Business School. After working in the technology field for four years, she quit her job and wrote her first novel, Family Trust, which is the story of the Huangs, a first-generation Chinese-American family. With their father dying and his second wife waiting, the adult kids are wondering what will become of their father’s estate.

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The Psychology of Money (w/ Morgan Housel) show art The Psychology of Money (w/ Morgan Housel)

Crazy Money with Paul Ollinger

Morgan Housel is the author of the new book, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Success with investing and maintaining wealth is less about quantitative skill than it is about consistency and self-awareness. As the back cover of his new best-seller reads, “Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people."

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Olympic Economics (w/ Apolo Ohno) show art Olympic Economics (w/ Apolo Ohno)

Crazy Money with Paul Ollinger

With eight Olympic medals (two of them gold), Apolo Ohno is America’s most decorated winter Olympian. He won his first major speed skating title (the US Championships) at the tender age of 14, after only six months of training. He continued on to a career that played a major role in establishing short-track speed-skating in the 2002, 2006, and 2010 Winter Games. 

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Talking About Wealth (w/Jennifer Risher) show art Talking About Wealth (w/Jennifer Risher)

Crazy Money with Paul Ollinger

As early Microsoft employees, Jennifer and her future-husband, David Risher, made millions from their stock options in the quickly growing company.

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Guy Raz on building How I Built This show art Guy Raz on building How I Built This

Crazy Money with Paul Ollinger

Guy Raz is the host and co-creator of the smash NPR program, How I Built This and author of a new book by the same name. On the show, Guy provides entrepreneurs a platform to share their company’s origin stories and the trials and tribulations involved in getting their companies off the ground. In the new book, Guy goes deeper, reflecting on all he’s learned about what makes founders click.

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Net fulfillment v. Net worth (with Bill Perkins) show art Net fulfillment v. Net worth (with Bill Perkins)

Crazy Money with Paul Ollinger

Would you consider yourself a success if you died with $1 million? How about $10 million? Well, what if you died with $0.00?

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Affluence, Insolvency, and Alcohol (with Kirkland Hamill) show art Affluence, Insolvency, and Alcohol (with Kirkland Hamill)

Crazy Money with Paul Ollinger

Kirkland Hamill’s grandfather was very rich. His mother and father raised him and his brothers in grand fashion until Grandpa's death exposed major cracks in the family fortune. When his dad left his mom, she took Kirkland and his brothers to Bermuda where they attended a prestigious school, but never knew how they were going to pay for groceries.

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Happiness is Making a Living with Your Hands (with Ken Rusk) show art Happiness is Making a Living with Your Hands (with Ken Rusk)

Crazy Money with Paul Ollinger

Ken Rusk has made a very good living by working with his hands. A true-life, self-described “ditch-digger,” Ken is an entrepreneur who has over 200 people working on his team. In his new book, Blue Collar Cash: Love Your Work, Secure Your Future, and Find Happiness for Life, Ken advocates an alternative career path to anyone who doesn’t believe “college + white collar job” is the route for them.

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More Choice Makes Us More Miserable (with Barry Schwartz) show art More Choice Makes Us More Miserable (with Barry Schwartz)

Crazy Money with Paul Ollinger

Barry Schwartz is the author of several books, including Why We Work and The Paradox of Choice. I spoke to Barry about his findings in these two important books.

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More Episodes
With eight Olympic medals (two of them gold), Apolo Ohno is America’s most decorated winter Olympian. He won his first major speed skating title (the US Championships) at the tender age of 14, after only six months of training. He continued on to a career that played a major role in establishing short-track speed-skating in the 2002, 2006, and 2010 Winter Games. 
 
His New York Times best-selling memoir, Zero Regrets, tells the story of success, setbacks and what it takes to become one of the top athletes in the world. In this episode, Apolo and I go deep into the economic realities of becoming an Olympian. Due to the steep cost of coaching, training, equipment, and travel, many (perhaps most) athletes and their families go deep into debt in pursuit of a spot on the national team. And even for the few who make it, there is little preparation for post-Games remuneration and little preparation for a job “in the real world."
 
In his post-skating career, Apolo has worked as a sports analyst for NBC, a global ambassador for the Olympics, and a winner of ABC’s hit show, Dancing with the Stars. He finished the 2014 Ironman World Championship Triathlon in less than ten hours. Apolo now spends much of his time speaking to business and nonprofit leaders around the globe. He helps leaders develop high-performance mindset to break through and do their best work. 
 
His next book Hard Pivot tells the story of reinvention and tackling new challenges while maintaining his iconic positive attitude and unmatched energy.  Thank you to Apolo’s assistant, Lucy Chen for making this happen!
 
To learn more or book Apolo to speak, visit  https://www.apoloohno.com/
 
Here’s how you pronounce “infinitesimal.”
 
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Find out more about Crazy Money and Paul Ollinger on his website and/or follow him on the socials: 

• Twitter: http://Twitter.com/Paul_Ollinger

• Instagram: https://www.instagram.com/paul_ollinger/

• Facebook: https://www.facebook.com/PaulOllinger/

• LinkedIn: https://www.linkedin.com/in/paulollinger/

Produced and edited by Mike Carano 

Topics addressed in this episode include: performance, motivation, achievement, retirement, reinvention, regrets.

Topics addressed on Crazy Money include: Philosophy, Happiness, Contentment, Meaning, dreams, purpose, Success, Rat Race, Society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, Mid-Life Crisis, Business, Work, Careers, Retirement, Reinvention, Authors, Books, Consumerism, Values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth, wealth management.

Now listen, I’m happy you’re here, but if you haven’t found what you’re looking for in the words above, you’re probably not going to find them down here. Seriously, all the important stuff is up yonder.