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The Startup Ideas Podcast

Investing in Mental Health & Embracing Vulnerability with Andy Dunn

Thu, 08 Sep 2022

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Are you being honest with yourself? In today’s episode, we get vulnerable while sharing how upbringing impacts entrepreneurship, unpack why mental health is critical for businesses, and share the importance of embracing vulnerability. Host Sahil Bloom is joined by guest Andy Dunn, the co-founder of Bonobos, and the author of Burn Rate. Together they discuss the five buckets of wealth, share why you need to accept when you're wrong, and finally, they place their bets on the future of Direct-to-consumer brands in the bear market.►► Want more community? Learn more here: http://trwih.comSPECIAL THANKS TO OUR SPONSOR►► This episode is brought to you by Wealthfront, a saving and investing app that can help you earn more on your money and build wealth for your future. The Wealthfront Cash Account grows your savings at 2% APY, and offers unlimited, fee-free transfers to your external accounts — plus, a ton of other features that help you optimize your cash. So, if your money is earning less anywhere else, now might be a good time to make a move.Wealthfront is offering Where it Happens listeners a free $50 bonus with a $500 initial deposit to a new Cash Account. Go to wealthfront.com/Happens to claim your $50 and start growing your savings.Cash account is offered by Wealthfront Brokerage LLC, Member of FINRA/SIPC. Wealthfront Brokerage is not a bank. We convey funds to partner banks who accept and maintain deposits, provide the interest rate, and provide FDIC insurance. Rate is subject to change. Investment management and advisory services--which are not FDIC insured--are provided by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC-registered investment adviser.THIS EPISODEAndy Dunn: https://twitter.com/dunnBurn Rate: https://www.burnratebook.com/Sahil Bloom: https://twitter.com/SahilBloomProduction & Marketing Team: https://penname.co/FIND US ON SOCIALTwitter: https://twitter.com/_trwihInstagram: https://www.instagram.com/_trwihWeb: https://trwih.comSpotify: https://open.spotify.com/show/6aB0v6amo3a8hgTCjlTlvhApple: https://podcasts.apple.com/us/podcast/where-it-happens/id1593424985SHOW NOTES00:00 Sneak Peek 01:00 Introducing Andy Dunn’s Map of Reality 05:50 Accepting your “Otherness” 12:08 Andy’s Entrepreneurship Journey 16:18 Finding Your True Calling 20:16 Defining Wealth 23:26 Happier but Not Happy 26:19 The Bonobos Story 33:06 Predicting the Future of D2C40:38 A Bear Market Creates Focus 42:45 Burn Rate 43:43 Embracing Vulnerability 49:03 Talking About Mental Health 52:21 High Highs and Low Lows 56:40 Investing in Mental Health 1:00:54 A 2-Step Process to Working On Mental Health 1:03:33 Where to Find Andy Dunn and his new book1:06:38 Thanks for listening

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