Why This Asian Billionaire "Wouldn't Do It Again"

He founded a trillion dollar company, but says he wouldn't do it again. Is this wisdom or BS, David? Hey, man, this went viral. We're talking about Asian billionaires. Let's run the clip. If you were magically 30 years old again today in 2023, and you were going to Denny's with your two best friends who are the two smartest people you know, and you're talking about starting a company, what are you talking about starting? I wouldn't do it. I know. And the reason for that is really quite simple. Ignoring the company that we would start. First of all, I'm not exactly sure. The reason why I wouldn't do it, and it goes back to why it's so hard, is building a company and building a video turned out to have been a million times harder than I expected it to be. Any of us expected it to be. And at that time, if we realize the pain and suffering and just how vulnerable you're going to feel and the challenges that you're going to endure, the embarrassment and the shame and, you know, the list of all the things that go wrong, I don't think anybody would start a company. Nobody in their right mind would do it. And I think that that's kind of the superpower of a entrepreneur. They don't know how hard it is. And they only ask themselves, how hard can it be? And to this day, I trick my brain into thinking, how hard can it be? Because you have to. Still, when you wake up in the morning. Yeah, how hard can it be? Everything that we're doing, how hard can it be? Woo! Jensen Huang, Andrew, the founder and CEO of NVIDIA, guys. Listen, the world right now, chat, GPT, none of the computers, none of the data infrastructure systems would run without NVIDIA chips. This guy said, Andrew, he started a trillion dollar company. It's on its way, projected to pot, potentially be worth two trillion. And he said, no, I wouldn't do it again if I knew how hard it was. But what is he trying to say? Because obviously there's a rush of reactions. Oh, this is a billionaire who's talking about this. He wouldn't do it again. But what does he really, like, what would you say he was trying to say? I would say that he's just trying to express how difficult it was. I would not be surprised if this guy, Jensen Huang, and here's some photos of him when he was young, has been in utter complete 12 out of 10 attack mode since he was like 14 years old. And now what is he, 60 something? Like almost 70? He has probably been in nonstop attack mode, something that very, he's like probably the Kobe of what he does. You know what I mean? Like, you know how Kobe was very talented. Kobe's dad was an NBA player and a professional basketball player, but Kobe probably never stopped attacking, getting good at basketball forever. You know what I mean? Until the end of his days. And I'm saying, I don't think Jensen Huang has stopped ever. No, and I think it's like if you asked a 12-year-old Kobe and you laid out all the things Kobe would do, all those hours he would spend, the injuries that he would play through, and you told a 12-year-old kid, you'd be like, hey, Kobe, just so you know, to be the greatest player that you're going to become, you're going to have to do this and this and this and this and this and this and this. You're not going to see your friends. You're not going to hang out with blah, blah, blah, blah. You're going to be kind of weird, blah, blah, blah. You're going to be Enigma. And then this and this and this. Probably a 12-year-old kid would be like, I don't want to do it. Sounds not fun. Yeah, yeah, yeah. And I think that that's what he was just referring to. I think Jensen Huang was just being incredibly real about what it took to take this thing that, you know, Nvidia at one point, they're providing Dreamcast with chips and then Dreamcast fails and Microsoft comes in and they're like, oh, these chips don't work with these programs. Now to be a trillion dollar company that people think is going to, I mean, very much, honestly, is changing the world. Yeah, well, we're going to get into the reactions, guys. So please hit that like button and check out other episodes of the Hot Pop Boys. But another startup Asian company is Smala Sauce. Check it out. Great chili oil from Sichuan to Sicily. Selling right now. Ships in early November. Thank you to everyone who's bought one so far. I think first off, we got to say this, man. He didn't start like your friends, like streetwear, Instagram company, you know, like your little, little t-shirts and hoodies. This guy is not even starting a boba chain. First of all, let me tell you this. It is hard to have 10 boba franchises. It is still backbreaking. This guy started a company, Andrew, that literally is going to power the next generation of AI. Yes. And it reminds me of what Elon Musk said, where he said that, you know, starting a company is like staring into the abyss and chewing glass. No, you mean Elon said it like, starting a company is like staring into the abyss. Yeah. And you know what's really interesting, Andrew? Jensen Huang, he's Taiwanese. Did you know his cousin is the CEO of AMD? What? So Lisa Su and Jensen Huang, Andrew, these people are billionaire, you know, Taiwanese. They be deep in the microchip game. Yeah, I'm not going to lie, guys. Taiwanese families, they're... The level of brainiacism is... Their entrepreneurial spirit about nerdy things is unmatched, guys. It's a very, very... I don't know what it is about being Taiwanese that drives them so far into tech, but maybe it's because all the semiconductors are made in Taiwan. Anyways, guys, we're going to get into the comments section. We'll analyze this. So what's the main comment? Real quick, I got to say this. I do think Jensen Huang is more looks maxing in sort of the same way that Jeff Bezos looks maxed like way later into being a billionaire. You mean he looks cooler now? He looks cooler now than he ever did in the 60s. Bezos looks cooler now than he ever did. Because the arc is like, dude, you don't care about how you look because you're making it, you're making it, you're making it, you're making it. Then you make it to a point finally when you're looking at other CEOs and you're getting all this press and you're looking at yourself being like, maybe I should look better. And then you finally, you have people around you, a stylist who's like, yeah, well, Jensen, how about you wear this leather jacket, you know, look cool, get these different glasses, get this haircut. We like the white hair it's in right now. And he's like, okay, now I have time to worry about this kind of stuff. Right, right, well, clearly, you know what? They put the important things first, okay? But you know, a lot of us, we're going to go straight to the leather jacket and the haircut before building the trillion dollar company. Well, some people just stay at the leather jacket and haircut and just live that life forever. Hey man, not everybody meant to be Jensen Huang. Not everybody meant to be the Kobe of what they do. That's the harsh reality. And that's the truth. This is the first comment said, I can only imagine how hard it is to go from startup to micro cap, to mid cap, to big company, large cap, then mega cap. The level of pain is exponential. You do not know how hard it is to create and sustain companies as big as Intel, Nvidia, Microsoft, and others. Dude, these people, and I'm not saying that they're in the trenches of like dodging bullets and they're like starving to eat. I don't think he necessarily went through that type of pain, but I'll tell you this, bro. The pain of making some of those decisions and the focus and just staying on track is crazy. That's super hard. Yeah, that's a large part of being a CEO and a founder too, is just staying sane. Dude, yeah, you got 24 hours in a day. You only have so much brain power. You need to dedicate brain power, emotional power, spiritual power to all these things. And however they divvied up their time, man, it's almost like they were meant for it. Somebody said, makes me think there's probably something to be embarrassed and ashamed about. All right, so I was thinking this. This is, by the way, a classic trope right now, right? People don't like billionaires. He's worth 36 billion. Yeah, because any company this big, it's true, it has upsides and downsides. Now, most people are gonna say, well, AI is the future and maybe his company hasn't done anything bad. But who knows, maybe his chips are being used in, what's the word, nefarious. So you're saying possibly the rise of the robots, those robots that supplant humans at the top of the global hierarchy will be powered by Nvidia chips. I don't know, maybe. You know what I mean? And I'm just saying, when you have a company that big and that impactful, you do start to think, and I'm sure some thoughts in his head have gone into his head of like, oh my gosh, how are my chips being used for bad? Or how will it maybe in the future disrupt our world in a possibly negative way? But you weigh it out because you're just like, I don't know, they're doing a lot of good and they're doing bad and I'm super rich. Plus they allow people to play all those advanced games. And I believe all the mining rigs for cryptocurrency were run on Nvidia chips. When you're like a regular person, your life is simple. And it's like, yo, I work my job, I do this and I provide for my family, my life is positive. That's very clear. Right, and this was the discussion. Some people said, yeah, I'll probably say the same thing once I have a billions of dollars of net worth and my company's worth trillions, I'll look back on it and tell people not to do it. Somebody said, yeah, he probably has some sort of guilt of not being able to be the best husband or father or family man because he had to dedicate so much time to building the company. By the way, all his kids work for him at Nvidia. So it looks like they stayed in touch with the family, right? It's a family company now. Somebody said, or the levels of exploitation required to hoard billions in assets, period. How many people needed to get underpaid for him to get overpaid? Listen, this is the system of capitalism we have globally, right? Like you build things, you get rewarded for building things. I certainly think he's more deserving of his billions than some person who just found oil somewhere or something, right? Somebody said, I appreciate Huang's leadership presence and gravitas in deep contrast to the interviewer who is nervous and laughing like a hyper squirrel. Yeah, that guy who was interviewing him definitely was like, had way too many coffees that morning. Somebody said the real superpower is hindsight and being in a safe position of comfort to have a hot take on mythical contrarian positions. Yawn, I don't think so. I think he was keeping it real. He probably was just having a moment where he was looking back on it being like, man, what I just did was hard. Yeah. Somebody said very smart of him to dissuade future CEOs and competitors from trying hard. Bro, oh my gosh. If you think this interview dissuaded any future competitors of him. That was not a future competitor. They were not future competitors. It has no effect on very driven people. I will tell you that whatever he said had zero impact on the next NVIDIA inventor. I've seen the photos. You think the next NVIDIA inventor's like, yeah, I'm gonna make the next NVIDIA. Jensen Huang says, it's very hard. Nah, you know what? Maybe I'll quit now. If you look at the photos of Jensen Huang when he was a teenager, this dude was locked in. Somebody said, yep, you know, I think he's 100% right. My brother owns multiple franchises and he screwed people over for years. I always thought I wanted to be him, but I'm just not a shark like him. He would give up his high school friends for another store. This guy loves franchises. I don't know what his brother's franchising here. Possibly, I mean, I knew some people who got rich even franchising like Wendy's or Subway's. So it could be anything. You know, anytime you do something super hard, you're bound to lose friends. But I think that there is a way to build franchises without being evil. So, you know. Somebody said, bro, hard work is hard. Rather win the lotto and enjoy what's the rest of my life at the beach. That's fair. That's fine thinking, you know. Dude, everybody is built for like different paths in life, you know, and it's just like, as long as you found your path, ain't nothing wrong with it, man. You a fish, you found the right pond to swim in. Somebody said, we all think of the homeless as being extreme at one end, but they do seem quite content. I mean, it seems like more and more people sign up for that lifestyle each day. On the other spectrum of the end, you have this billionaire. How happy can you be if every moment of your existence is spent fighting for your company's survival against both forces external and internal? So this guy was sort of like, you know, putting it away, right? Because I think we always look at everybody who has a lot of things. And I'll tell you this, man. I don't think a lot of people on earth born into Jensen Huang's family, looking like Jensen Huang to his exact life where he was moving around the world at a very young age and he was so locked in. A lot of people, even if we're given the exact same cards as him, we're not going to do what he did. Yeah. It was like almost his destiny. But his destiny was to go through everything and still go through everything. You know, I'm sure he had to make some hard decisions throughout his whole rise about who to fire. It might've hurt some families, who to employ, where to go, which companies to buy out, which engineers to poach. I'm sure all those decisions came into play and they are not fun decisions to make. But, you know, and that's probably what he was thinking. He's probably like, damn, there was a lot of emotional stress. Obviously, the truth is, he said he wouldn't do it again had he known at that time as a kid, knowing how, like if you told a 16 year old Jensen what it was going to take, it might've discouraged him, right? Right. He might've been like, I want to be a regular person, you know, but you never know that because, and he said, he said, that's a superpower of a entrepreneur, right? They just keep going. Like they don't think about it. Yeah. I think his ability, I always say it's like this and you guys tell me what you guys think of my analogy in the comment section below. There's different levels of Roombas and robot vacuums, right? Some robot vacuums, they have bigger motors. Some of them have smaller motors. Some of them have a smaller dust pan than other ones. And a lot of other ones, Andrew, they just keep going forward. Even if they hit a carpet, they hit like some whatever shake weights that you left on the floor. They just keep mapping and they just keep going until they clean the whole carpet. And other ones, they give up after they hit, the four like chair legs, and then there's like a Roomba shot down. This guy had a superpower. Of course, he was born into a certain era where you could say, his willpower was 10 out of 10. His brain activity was 10 out of 10. And also the era provided those opportunities in his particular industry space at a 10 out of 10. And that's why you have an alignment to create a multiple trillion dollar company. So listen guys, let us know what you think of the comment section and let us know what you think of Jensen Huang saying, you know, if I had to do it all again and I knew how hard it was, I don't think I'd do it. Let us know what you guys think in the comment section below. Shout out to Jensen Huang. Until next time, we're the Hot Pop Boys. We out. Peace.