{"podcast":{"title":"First Principles","slug":"first-principles-7708985","podcast_index_feed_id":7708985,"rss_url":"https://feeds.megaphone.fm/PODAGEN4765221373","website_url":null,"image_url":"https://megaphone.imgix.net/podcasts/06eebd2a-0779-11f1-826e-37926ac18342/image/fca7c8febd1441fc3b0d54084418b06d.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Adrian Wells","episode_count":324,"summary":"First Principles isn't another business podcast recycling the same startup stories. Adrian Wells takes the fundamentals that actually matter and breaks them down like you're having coffee with the smartest professor you ever had. Wells spent twelve years teaching philosophy and critical thinking before ditching the lecture hall for the microphone. Turns out, the same principles that help you think clearly about ancient Greek ethics also work pretty well for modern business decisions. Who knew? Every episode strips away the latest trends and buzzwords to focus on the core ideas that don't change. How to actually evaluate evidence when everyone's throwing around statistics. Why most \"revolutionary\" business advice is just old wine in new bottles. The thinking patterns that separate smart decisions from lucky guesses. You won't get hyped-up success stories or flavor-of-the-month strategies. Instead, you'll learn how to think through problems the way philosophers have for centuries, applied to the stuff that matters in your work and life right now. Multiple new episodes drop daily, so there's always something fresh when you need it. Follow now if you're ready to think better, not just…","last_synced_at":"2026-07-23T16:19:48.696188+00:00","page_url":"https://stenobird.com/podcast/first-principles-7708985"},"episode":{"title":"Savings Expert: Why Passive Income Is a $47B Scam Keeping You Broke","slug":"savings-expert-why-passive-income-is-a-47b-scam-keeping-you-broke","published_at":"2026-07-17T15:03:00+00:00","page_url":"https://stenobird.com/podcast/first-principles-7708985/savings-expert-why-passive-income-is-a-47b-scam-keeping-you-broke","show_page_url":"https://stenobird.com/podcast/first-principles-7708985","url":"https://traffic.megaphone.fm/PODAGEN7840278278.mp3?updated=1776258613","audio_url":"https://traffic.megaphone.fm/PODAGEN7840278278.mp3?updated=1776258613","summary":"What if the biggest financial myth of the last decade has kept millions trapped in cycles of financial desperation? In this episode, Adrian Wells breaks down a savings expert's explosive claims about the $47 billion passive income industry and reveals how childhood money trauma controls adult financial decisions in ways most people never realize. 🎯 What You'll Learn: • Why 95% of passive income attempts fail within two years (and the hidden costs nobody talks about) • The truth about rental properties: they actually require 40-60 hours of work monthly, not the \"set it and forget it\" promise • How post-traumatic broke syndrome makes people who grew up financially unstable hoard cash instead of investing it wisely • Why over 60% of Americans have less than $1,000 in savings but still chase passive income dreams 👤 Perfect for: lifelong learners and anyone passionate about personal growth who's tired of getting sold financial fairy tales instead of practical money wisdom. 📍 Chapters: [00:00] Adrian Wells introduces the passive income myth [01:45] The $47 billion scam: why the numbers don't add up [04:20] Post-traumatic broke syndrome: how childhood shapes money decisions [07:10] The rental property reality check that nobody mentions [09:30] What actually works for building wealth (it's not sexy) [11:15] Key takeaways you can use starting today This isn't another feel-good money episode. It's a reality check backed by research that could save you years of chasing the wrong financial strategies. The savings expert's insights about childhood money trauma alone will change how you think about your relationship with cash. 🔔 Never miss an episode: Follow First Principles on Spotify or Apple Podcasts and turn on notifications. New episodes drop daily, your next favorite insight i…","meta_description":"What if the biggest financial myth of the last decade has kept millions trapped in cycles of financial desperation? In this episode, Adrian Wells breaks d…","key_points":[],"chapters":[],"topics":[],"duration_seconds":750,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/first-principles-7708985/episodes/savings-expert-why-passive-income-is-a-47b-scam-keeping-you-broke/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/first-principles-7708985/savings-expert-why-passive-income-is-a-47b-scam-keeping-you-broke.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}