Skip to content
DS
Derek Sivers

Founder of CD Baby; author of Anything You Want

Recorded said elsewhere, not written here
I read that at a key fork in the road moment for me where I just sold CD Baby and had a ton of money. I was like, “What to do now?” And I read this book from this filthy rich old man being entirely honest, and I thought I should just learn from his experience. ... So if what I’m doing seems weird, it’s because I took his advice to heart and I’ve quit the game.

Tim Ferriss, The Tim Ferriss Show podcast, 23 April 2023 source ↗

Others on this question

View all 14 →
Sonny Rollins Jazz tenor saxophonist and composer
I realized I wasn’t sounding as good as my reputation was, so I wanted to kind of get to that point where I wouldn’t be ashamed to go on the bandstand, which happened to me one time on a job I was playing with… Elvin Jones, at that time, was the drummer playing with me. We used to go around, had a big sign, “Sonny Rollins is coming to town,” everybody was there, but I didn’t sound good, and I knew I wasn’t playing up to what I should be. So I said, “Okay, I am getting out of here. I am going to go and woodshed,” as they say, and get myself together.
Recorded Academy of Achievement (achievement.org) source ↗
Serena Williams United States professional tennis player, 1995–2022
I have never liked the word retirement. It doesn't feel like a modern word to me. I've been thinking of this as a transition, but I want to be sensitive about how I use that word, which means something very specific and important to a community of people. Maybe the best word to describe what I'm up to is evolution. I'm here to tell you that I'm evolving away from tennis, toward other things that are important to me.
Recorded First-person essay, Vogue September 2022 issue, 9 August 2022 source ↗
Jessye Norman Operatic soprano and recitalist
As a very young singer, I was invited to the opera house in Berlin by the then-director of the opera house, Egon Seefehlner, and I had one opera to my name that I knew. He felt that there was a lot that I could learn there, which was very true, and I was so lucky to be able to have this opportunity. The thing that was happening is that I kept being offered operas that I knew that I wasn’t ready to sing, just from an experience point of view, as well as being 24 years old. So I was always asked to sing things that I thought, “Well no, I really don’t think I should sing that now. I need to sing that maybe in five years, or maybe in 10 years, but not right now. Couldn’t I please sing something else?” And that became a difficulty for me. And after being at the opera house for three years, and singing Elsa and Elisabeth — the Wagner roles that are not sort of the heavy Wagner roles — and then Mozart operas that suited my voice at the time, I was continually invited to sing things that I just felt I shouldn’t. So I took it upon myself to go to speak with the artistic director to say that I thought I should leave the opera house, and come back in some years when my maturity sort of chronologically would have caught up with the invitations that I was being offered. Of course, considering that he’d taken me into the opera house when I knew one role, he wasn’t all that happy. I thought he’d say, “Oh, what a smart girl. Oh yes, absolutely. That’s what we’ll do.” No, no. He was absolutely furious.
Recorded Academy of Achievement (achievement.org) source ↗
Warren Buffett Chairman and chief executive of Berkshire Hathaway, 1970–2025
Well, I ran out of gas. You know, I got to be what, 93 at that time, or something like that. And it just – same reason I gave up teaching. I teach – I was – I taught every year from when I was 21 till 88 or 89, and there just came a period when your body said different things to you, and you should turn it over to somebody, just like I did at Berkshire.
Recorded Becky Quick, CNBC “Squawk Box”, recorded in Omaha; CNBC's own transcript of its own broadcast, 31 March 2026 source ↗

More from Derek Sivers

View profile →
Question When did you first understand what enough meant for you? Values & belief
When I decided to sell my company, I already had enough. I live simply. I don't own a house, a car, or even a TV. The less I own, the happier I am. The lack of stuff gives me the priceless freedom to live anywhere anytime. So I didn't need or even want the money from the sale of the company. I just wanted to make sure I had enough for a simple comfortable life.
Recorded Essay on sive.rs, Derek Sivers, 4 December 2009 source ↗
Question What are you unwilling to optimise? Values & belief
Do you have a big visionary master plan for how the world will work in twenty years? Do you have massive ambitions to revolutionize your industry? Don’t feel bad if you don’t. I never did. A year and a half after starting CD Baby, it was just me and John, my first employee, running it out of my house. One night, I decided I should think more about the long-term future of this thing. I sat with my diary for a few hours of introspection. Afterwards, I wrote John an email that went like this: “I think there’s a chance that this thing might be huge one day, so we better start preparing for that now. I mean some day, we might have a thousand artists. We might need a third employee! We’d need three computers, and need to figure out how to network them together. We might even need to start moving CDs into the garage, since eventually they might fill up the living room. Yes, I know it sounds grandiose, but I think things are headed that way.” Years later, after I had 100,000 artists and 85 employees, John would often get a good laugh out of this letter I sent him in 1999. Journalists would ask, “What’s your long-term goal?” I’d say, “I don’t have one. I surpassed my goals long ago. I’m just trying to help musicians with whatever they need today.” So please don’t think you need a huge vision. Just stay focused on helping people today.
Recorded Essay on sive.rs, Derek Sivers, 14 July 2011 source ↗
Question What is one of the best investments you have made — of money, time, or energy? Money & investment
When I decided to sell my company, I already had enough. I live simply. I don’t own a house, a car, or even a TV. The less I own, the happier I am. The lack of stuff gives me the priceless freedom to live anywhere anytime. So I didn’t need or even want the money from the sale of the company. I just wanted to make sure I had enough for a simple comfortable life. The rest should go to music education, since that’s what made such a difference in my life.
Recorded Essay on sive.rs, Derek Sivers, 4 December 2009 source ↗

More on time & hindsight

Also answered this

Warren Buffett, Dan Carter, Roger Federer, Li Na, Sonny Rollins, Suzanne Farrell

Search the directory for somebody in particular.

Explore further

Report this answer