David Siegel – Don’t Reduce Climate Change to a Score
My Worst Investment Ever Podcast
BIO: David Siegel is an entrepreneur who has started more than a dozen companies. He has written five books on technology and business, given more than 200 professional speeches worldwide, and was once a candidate to be the dean of Stanford business school.STORY: David joins the podcast again, this time around discussing climate change.LEARNING: It’s wrong to reduce climate change to a score. We need a better alternative to the UN’s Environment, Social, and Governance (ESG) movement. “You don’t have to do anything the way anybody tells you to. Go learn in the most irreverent way possible.”David Siegel Guest profileDavid Siegel is an entrepreneur who has started more than a dozen companies. He has written five books on technology and business, has given more than 200 professional speeches around the world, and was once a candidate to be the dean of Stanford business school. He is a fintech leader, a leader of the open Metaverse movement, a business strategy coach, and an advocate for the scientific method. He writes and makes videos about climate change at www.climatecurious.com.Worst investment everDavid is a previous guest who joined us on Ep98: Start-ups Should Start with Selling. In today’s episode, he tells us more about his research on climate change.David’s penchant for climate changeDavid has been conducting research on climate change since 1988. He wrote his first book on climate in 1991. So David is not one of those instant climate experts. In 2015, he decided to really dig into the subject and spent an entire year doing nothing but climate research. During this extensive research, David realized that many scientists don’t understand climate change fully and that many people take it at its face value. He believes people need to understand climate change on its own merits and not as an overarching cause and effect. For this reason, David digs deep into research to present raw data and help people make up their minds.In comes the UN’s ESG movementThe rigorous talks on climate change have metastasized into the global Environment, Social, and Governance (ESG) movement that has been forced on us by the World Economic Forum and the UN. ESG is a UN program strongly endorsed by the World Economic Forum and has been going on for 20 years. The point of ESG is to give every company a detailed scorecard of their carbon footprint, water use, energy, pollution, and other practices that affect climate change.Every public company in the United States pays $2 billion yearly for compliance, which could go to $8 billion. David believes this money is spent so the companies can get a high score regardless of their efficiency.Transparency is good; it’s just being done the wrong wayDavid believes that while we must have transparency where climate change is concerned, it’s not okay to reduce it to a score given by some consultants. He thinks the ESG scoring system simplifies a complex subject into a single set of numbers that don’t represent reality.Moreover, ESG scoring is done arbitrarily, based on political assumptions and a set of unclear rules by anointed consultants selling indulgences. According to David, coming up with one score on something is full of problems and creates terrible incentives. In this case, companies won’t be efficient with the goal of fighting climate change but simply get a good score. And with the amount of money companies are paying, it really comes down to paying for the ratings. So there’s a lot of conflict of interest in the ESG scoring process.The scoring will soon get personalCurrently, every US state and city must get an ESG ranking. David believes this will go further down to a personal ESG score. Soon, everyone will need to have a unique social credit score. This personal ESG score will be used to deny you access to financial services, rent, loans, how far and when you can travel, etc.Let’s build a better alternativeDavid believes that the idea behind creating ESG is good. Still, we need to build a better alternative that’s more objective and efficient. He also insists that people should use independent thinking to combat climate change at an individual level. David’s advice is to participate where it makes sense and know when to go with the herd and when to go against it.No.1 goal for the next 12 monthsDavid’s number one goal for the next 12 months is to build his Cutting Through The Noise platform.Parting words “Develop yourself and learn all you can. Podcasts like Andrew’s are really valuable. Don’t take anything from other people; find your own way. Look at the data, learn to interpret it, and ask difficult, irritating questions.”David Siegel [spp-transcript] Connect with David SiegelTwitterWebsiteBlogAndrew’s booksHow to Start Building Your Wealth Investing in the Stock MarketMy Worst Investment Ever9 Valuation Mistakes and How to Avoid ThemTransform Your Business with Dr.Deming’s 14 PointsAndrew’s online programsValuation Master ClassThe Become a Better Investor CommunityHow to Start Building Your Wealth Investing in the Stock MarketFinance Made Ridiculously SimpleFVMR Investing: Quantamental Investing Across the WorldBecome a Great Presenter and Increase Your InfluenceTransform Your Business with Dr. Deming’s 14 PointsAchieve Your GoalsConnect with Andrew Stotz:astotz.comLinkedInFacebookInstagramTwitterYouTubeMy Worst Investment Ever PodcastFurther reading mentionedHans Rosling (April 2018), Factfulness: Ten Reasons We're Wrong About the World--and Why Things Are Better Than You ThinkTodd B. Kashdan (February 2022), The Art of Insubordination: How to Dissent and Defy EffectivelyGreg Satell (April 3, 2019), Cascades: How to Create a Movement that Drives Transformational Change
BEST OF: Meetup CEO David Siegel teaches you to make better, faster, more purposeful decisions
How I Work
**BEST OF 2022** David Siegel’s in his third CEO role, and if all his years of experience as a leader have taught him anything, it’s that most people take too long to make a decision. The clearest example: company strategy. When David joined Meetup, he drafted the new company strategy as quickly as possible. At first, that sounds like a pretty irresponsible treatment of such a huge part of the business… but David’s underlying reasoning reveals why we should all speed up a little bit! David teaches you to make better, faster decisions, and to uncover the blind spots in your own decision-making process. Connect with David on Twitter or LinkedIn, and grab a copy of Decide & Conquer *** Connect with me on the socials: Linkedin Twitter Instagram If you’re looking for more tips to improve the way you work, I write a fortnightly newsletter that contains three cool things I have discovered that help me work better, which range from interesting research findings through to gadgets I am loving. You can sign up for that at http://howiwork.co Visit https://www.amantha.com/podcast for full show notes from all episodes. Get in touch at email@example.com CREDITS Produced by Inventium Host: Amantha Imber Production Support from Deadset Studios Episode Producer: Liam Riordan Sound Engineer: Martin Imber See omnystudio.com/listener for privacy information.
431: Avoiding Partnership Disputes with David Siegel
The How of Business - How to start, run & grow a small business.
Avoiding the Partnership or Founder Disputes that can ruin your small business with attorney David Siegel. David is a partner at Grellas Shah, LLC - a full-service boutique law firm, with a focus on startups, technology, and venture law, as well as complex business litigation. David is an accomplished startup lawyer and litigator who has extensive experience in handling a broad range of corporate, transactional, and intellectual property matters, including work on multi-million-dollar financings and acquisitions, all in addition to having a deep expertise in handling complex intellectual property, corporate, and commercial litigation matters. If you will have partners in your small business, it's critical that you consider, discuss, and define how you will work together in a legal Partnership or Operating Agreement. It's important to consider all the different possible scenarios that may arise in the future that might impact your small business. You must consult with an attorney to help you create your partnership or operating agreement. Henry Lopez is the host of The How of Business podcast – helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs.
David Siegel, CEO of Meetup, on Building Local Community
How Success Happens
David Siegel is the CEO of Meetup, the largest platform for finding and building local community. Prior to joining Meetup, David was CEO of Investopedia and before that, President of Seeking Alpha. He hosts the podcast Keep Connected, which is dedicated to the power of community. David’s book, Decide & Conquer, lays out the framework for decision-making that leaders can use to ensure organizational and personal success.
Episode 89 - David Siegel, former LA Dodgers exec and President of LA Sports Council
United States of Dramerica
We talk to sports exec (and sports fanatic) David Siegel.We discuss his love of sport, pitching to his heroes and how bad some of the national anthems were at Dodgers Stadium.David tells us about a career in a baseball front office, sport as entertainment and his greatest memories with the Los Angeles Dodgers.We talk about LA's sporting riches, his work with the LA Sports Council and what is coming next for this sports-mad city.And we talk Johnnie Walker Blue, Sandy Koufax and Tommy LaSorda.
If there’s one thing Western society needs right now, it’s the rejuvenation of community. But what does it take to rebuild community out of the ashes of COVID, andin the face of a loneliness epidemic sweeping across America and the West at large? To unpack all of this, Rabbi Ari spoke to a man who quite literally does this for a living — David Siegel, CEO of Meetup, the largest social media platform for building in-real-lifecommunity in the world, and author of the new book “Decide and Conquer,” out now.They spoke about how to beat loneliness; why Rousseau is wrong; lessons learned from the rise and fall of WeWork; whether community can survive the trajectory of American liberalism;the threat that social media culture poses to community in 2022; and much more!
Meetup CEO David Siegel teaches you to make better, faster, more purposeful decisions
How I Work
David Siegel’s in his third CEO role, and if all his years of experience as a leader have taught him anything, it’s that most people take too long to make a decision. The clearest example: company strategy. When David joined Meetup, he drafted the new company strategy as quickly as possible. At first, that sounds like a pretty irresponsible treatment of such a huge part of the business… but David’s underlying reasoning reveals why we should all speed up a little bit!David teaches you to make better, faster decisions, and to uncover the blind spots in your own decision-making process.Connect with David on Twitter or LinkedIn, and grab a copy of Decide & Conquer***Connect with me on the socials:LinkedinTwitterInstagram If you’re looking for more tips to improve the way you work, I write a fortnightly newsletter that contains three cool things I have discovered that help me work better, which range from interesting research findings through to gadgets I am loving. You can sign up for that at http://howiwork.coVisit https://www.amantha.com/podcast for full show notes from all episodes.Get in touch at firstname.lastname@example.orgCREDITSProduced by InventiumHost: Amantha ImberProduction Support from Deadset StudiosEpisode Producer: Liam RiordanSound Engineer: Martin ImberSee omnystudio.com/listener for privacy information.
Welcome to Strategy Skills episode 236, an episode with the CEO of Meetup, David Siegel. Get David's book: https://amzn.to/39miGHV In this episode, David talks us through his epic journey of becoming and remaining the CEO of Meetup in spite of the challenges that the organization faced and, later on, conquered. He also spoke about Investopedia – which he was the CEO of prior to joining Meetup. David also highlighted and elaborated on what a community is, how it works, and the value that it brings. David Siegel is the CEO of Meetup, the largest platform for finding and building local community. He has over 20 years of experience as a technology and digital media executive leading organizations through innovative product development, rapid revenue growth, and digital traffic acceleration. Prior to joining Meetup, David was CEO of Investopedia. Before that, he was president of Seeking Alpha. He hosts the podcast Keep Connected, which is dedicated to the power of community. David holds a BA in Philosophy, Politics & Economics and an MBA from the University of Pennsylvania. He is an adjunct professor at Columbia University where he teaches strategic planning and entrepreneurship. He lives in White Plains, New York with his wife and three teenage children. In his spare time, he likes to pop in on Meetup events. Get David’s book here: Decide and Conquer: 44 Decisions That Will Make or Break All Leaders. David Siegel: https://amzn.to/39miGHV Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
#115 Become a Better Leader by Making Better Decisions with David Siegel
Leaders are often judged by their decision-making. So, how do you make better decisions? Is there a formula to making better decisions? Today Deepa speaks with David Siegel, author of Decide and Conquer, where he offers three main principles for better decision making. David’s Tips for Making Better Decisions:Not making a decision is actually still making a decisionCulture matters, don’t ignore behaviors.Don’t only make decisions based on tangible items. There can be a lack of accountability around toxicity. Be kind and nice as a leader! You can be nice and clear. Surround yourself with people who will disagree with you. This will ultimately lead to a better decision. Make sure you ask your team to disagree with you before the meeting. Repeat the same message many times in order to change your organization’s culture.Embrace optionality - think about what options you can give yourself based on the decisions you make.Be careful when decisions are made by your ego. Be willing to share about your mistakes and failures. Remember that being vulnerable as a leader will make you a better decision maker, which will lead to becoming a better leader. The vulnerable leader creates a culture of learning and developing by being open about their own failures and successes. We hope you liked this episode! Let us know - what’s the hardest part of making a decision for you? Please feel free to connect with David and Deepa through LinkedIn to continue the conversation.About DavidDavid Siegel is the Chief Executive Officer of MeetUp, with 20+ years’ dramatically growing revenue and profit in digital media, subscriptions and e-commerce. He has recently authored Decide and Conquer. He is a motivational leader with full decision-making and P&L ownership. His experience includes M&A, turnarounds, scaling operations and growing post startup phase. David is a Management Professor at Columbia and has an MBA from The Wharton School. Thanks for listening and stay cool! Visit the show website at (http://www.meetmypotential.com)Follow me on LinkedIn (https://www.linkedin.com/in/deepanatarajan/)
David Seigel is the CEO of Meetup, author of Decide and Conquer, Professor of Management at Columbia University, and host of Keep Connected podcast. **He’s served as an influential leader at many organizations, including Investopedia, Seeking Alpha, and 1-800-Flowers. David and his team at Meetup are working to cure the loneliness epidemic by connecting people to each other. They’ve navigated major pivots throughout the pandemic as an in-person-first organization, and David has a lot to share about what he’s learned. On the show today, Alan and David talk about how Meetup adjusted their tactics while remaining true to their mission. Later on, they discuss the power of community in our individual lives and at a business level. David also explains how an engaged community can decentralize your marketing for the better by serving as your most valuable brand ambassadors. Listen in to learn more. In this episode, you'll learn: The most important aspect of pivoting How to decentralize brand marketing The power of community Key Highlights [03:00] David’s journey to Meetup [06:30] How 9/11 led to the creation of Meetup [08:45] Navigating the pandemic as an IRL-first organization [12:30] Pivoting in the pandemic and beyond [15:30] The benefits of virtual Meetups [18:00] What you’ll find in Decide and Conquer [21:00] Lessons David has learned about community [24:00] How to decentralize brand marketing [30:00] An experience that defines David [33:00] David’s advice for his younger self [35:00] What marketers should be learning more about [38:00] The biggest opportunity for marketers today Resources Mentioned: David Siegel Meetup Decide & Conquer, book by David Siegel Keep Connected podcast by Meetup and David Kevin Ryan, former CEO at DoubleClick and investor in Meetup Adam Neumann, founder of WeWork Follow the podcast: Listen in iTunes (link: http://apple.co/2dbdAhV) Listen in Google Podcasts (link: http://bit.ly/2Rc2kVa) Listen in Spotify (Link: http://spoti.fi/2mCUGnC) Connect with the Guest: https://www.linkedin.com/in/davidmsiegel/ https://twitter.com/Davidmeirsiegel https://twitter.com/Meetup Connect with Marketing Today and Alan Hart: http://twitter.com/abhart https://www.linkedin.com/in/alanhart http://twitter.com/themktgtoday https://www.facebook.com/themktgtoday/ https://www.linkedin.com/company/marketing-today-with-alan-hart/ Support the show: https://www.patreon.com/marketingtodaySee omnystudio.com/listener for privacy information.