Scott’s Fitness Routine, Trusting Your Assistant, and Will the Rich Flee over Higher Taxes?
· Summarized
Key takeaways
- A consistent fitness routine can transform your health and confidence over time.
- Hiring the right assistant is key to scaling your productivity; thorough vetting and training are essential.
- High taxes can drive wealth away from cities, but maintaining an attractive environment for high earners is crucial for local economies.
Summary
Scott's Fitness Routine
Scott shares insights into his fitness journey, beginning from his days as a skinny teenager to becoming a fitness enthusiast. He emphasizes the importance of consistency, having worked out four to five times a week for the last 40 years. He discusses his nutrition, the impact of supplements like Vitamin D and fish oils, and his open approach to alcohol consumption and THC. Scott highlights the significance of mobility and flexibility training as he ages, revealing how his fitness routine has transformed over the years.
Hiring and Trusting Your First Assistant
In response to a listener's question, Scott provides tactical advice for hiring a personal assistant for the first time. He underscores the importance of trust and the need to vet candidates thoroughly. Scott shares insights from his own experiences—including past failures—with assistants and the need for arms-length references. He encourages listeners to view the initial months with a new assistant as an investment in upskilling them while maintaining a clear standard of performance.
Tax Implications for the Wealthy
Scott tackles a listener's inquiry about taxes causing the wealthy to leave high-tax cities like New York. He discusses the potential consequences of raising taxes, citing examples of wealthy individuals relocating due to economic pressures. Scott highlights the importance of considering the overall appeal of a city for high earners and the need for governments to balance tax policies without driving talent away. He reflects on his own decisions related to taxation and residency.
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Show notes
Scott shares his fitness routine, offers tactical advice on hiring and trusting your first assistant, and answers a listener’s question on whether rising taxes are really pushing millionaires out of cities including New York and London.
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