Alex Banayan (@alexbanayan) is the author of The Third Door: The Wild Quest to Uncover How the World’s Most Successful People Launched Their Careers, which chronicles his seven-year quest tracking down icons from Bill Gates to Lady Gaga to uncover how they broke through and launched their careers.
What We Discuss with Alex Banayan:
- What Bill Gates, Lady Gaga, Steven Spielberg, Maya Angelou, Steve Wozniak, and Jane Goodall all have in common.
- The role of luck in success (it’s probably not what you think).
- Why mentors are important (and the mistakes people make when trying to find one).
- How you can reach out to potential mentors even if you don’t have a connection in common to make the introduction.
- How Alex hacked The Price Is Right to fund this book venture and his speaking career.
- And much more…
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After one-on-one interviews with Bill Gates, Maya Angelou, Steve Wozniak, Jane Goodall, Larry King, Jessica Alba, Pitbull, Tim Ferriss, Quincy Jones, and many more, The Third Door: The Wild Quest to Uncover How the World’s Most Successful People Launched Their Careers author Alex Banayan discovered the one key they have in common: they all took the Third Door.
In this episode, Alex shares the story of his journey to track down these hard-to-reach people, what he learned from them about the role of luck and mentors in success, and the missteps and course corrections he made along the way. Listen, learn, and enjoy!
Please Scroll down for Full Show Notes and Featured Resources!
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More About This Show
Most people wait until they’re a little wisened by the trials of time and experience to have a mid-life crisis, but Alex Banayan wasn’t a typical 18-year-old college freshman. Adrift with no clear direction for the future, he pondered what set the course for his heroes when they were in his shoes.
“How did Bill Gates sell his first piece of software out of his dorm room when nobody knew his name?” wondered Alex. “How did [Steven] Spielberg become the youngest director in Hollywood history without a single hit under his belt?”
Piles of self-help and business books didn’t give Alex the answers he sought, so he decided to go about writing the book he wished existed — and the seed of the idea that became The Third Door: The Wild Quest to Uncover How the World’s Most Successful People Launched Their Careers was planted.
A Simple Belief Becomes a Seven-Year Quest
At the time, Alex naively figured interviewing and getting material from a few of his favorite world-changing icons would be something to fill the gap between freshman and sophomore years. The reality turned out to be more time-consuming than he had anticipated.
“I just had this very simple belief that if all these people came together, not for press, not to promote anything, but really just to share their best wisdom with the next generation, young people could do so much more,” says Alex. “So that was really the guiding belief that helped me go through this seven year journey — because it took two years to get to Gates, three years for Lady Gaga — so it’s really been this long quest.”
The Role of Luck In Success
There’s no denying that luck plays a role in anyone’s success — even being born in the right place at the right time can have the relative impact of winning the lottery.
It’s almost impossible to imagine that Bill Gates wouldn’t have enjoyed some level of success on the strength of his ambition alone, but having access to computers in their nascency gave him an edge that few others before or since would be able to exploit, and it made him a billionaire 90 times over.
But it was in conversation with then-Microsoft executive Qi Lu that gave Alex a real understanding of luck’s role in success.
Qi Lu had grown up in a village outside of Shanghai, China that was so poor there was only one teacher per 300 children and people developed deformities from malnutrition. Being very smart and working very hard, Qi was making seven dollars a month by the time he was 27. Like so many other smart, hard workers in China, he dreamed of a better life in America — so he needed an advantage over the competition.
Studying the sleeping patterns of Da Vinci, Thomas Edison, and other famously prolific geniuses, Qi figured out a way to squeeze an extra two months of productivity out of every year by only requiring four hours of sleep per day.
As luck would have it, Qi had the opportunity to speak to a Carnegie Mellon professor lecturing at his local university. The professor had been so impressed by the questions he was asking and the papers he had written about the professor’s area of expertise that Qi was offered a full scholarship to Carnegie Mellon.
How did luck play into it? Under normal circumstances, Qi would have ridden his bicycle to visit his parents on that particular night of the week — but it was raining, so he had stayed on campus, attended the lecture, and happened to be the most well-informed scholar in the room on the topic at hand. Thanks to his extra months of productivity, he was prepared when opportunity knocked.
To Alex, Qi imparted this nugget of wisdom: “Luck is like a bus. If you miss one, there will always be the next one. But if you aren’t prepared, you won’t be able to get on.”
This encouraged Alex to do a little more digging into the science of luck, and from the research, it seems one thing is clear: luck is a mindset, not a phenomenon.
“There are studies that show that people who define themselves as lucky actually do get luckier, because their mind is more tuned in to spotting opportunities,” says Alex. “They keep themselves open to possibilities. It’s an internal narrative…that actually has real-world outcomes.”
The Tim Ferriss Cold Email Template
Thanks to advice from people like The 4-Hour Workweek author Tim Ferriss, Alex learned how to connect with traditionally busy and hard-to-reach people — which is how The Third Door managed to publish at 320 pages rather than 20. Here’s the simple but effective cold email template Tim shared with Alex.
I know you’re really busy and that you get a lot of emails, so this will only take sixty seconds to read.
[Here is where you say who you are: add one or two lines that establish your credibility.]
[Here is where you ask your very specific question.]
I totally understand if you’re too busy to respond, but even a one or two line reply would really make my day.
All the best,
[Your Name Here]
Listen to this episode in its entirety to learn more about how we can cultivate a “lucky” mindset, the mistakes people make in search of a mentor (and how to avoid the mistakes Alex has already made), what you can do to prove to a potential mentor that you’re worth their time, the exponential value of finding a mentor who doesn’t live in the limelight, the value you provide to an ideal mentor, how to reverse engineer what an ideal mentor-mentee relationship might look like, how Alex hacked The Price is Right to finance his seven-year quest to write The Third Door, and lots more.
THANKS, ALEX BANAYAN!
If you enjoyed this session with Alex Banayan, let him know by clicking on the link below and sending him a quick shout out at Twitter:
And if you want us to answer your questions on one of our upcoming weekly Feedback Friday episodes, drop us a line at [email protected].
Resources from This Episode:
- The Third Door: The Wild Quest to Uncover How the World’s Most Successful People Launched Their Careers by Alex Banayan
- Alex Banayan’s website
- Alex Banayan at Facebook
- Alex Banayan at Twitter
- Alex Banayan at Instagram
- Success and Luck: Good Fortune and the Myth of Meritocracy by Robert H. Frank
- Former Microsoft Executive Qi Lu Steps Down as Baidu COO by Jordan Novet, CNBC
- This Researcher Reveals How Lucky People Differ from Unlucky People by Melissa Chu, Inc.
- The Emotion Behind Invention with Dean Kamen at TEDMED 2009
- The Magic of Thinking Big by David J. Schwartz
- Does the James Arthur Ray Trial Mean There’s No Law of Attraction? by Meryl Davids Landau, HuffPost
- Influence: The Psychology of Persuasion by Robert Cialdini
- Big Questions with Cal Fussman
- The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss
- USC Student Is Big Winner on Game Show by Rachel Bracker, Daily Trojan