Andy Puddicombe's Journey from Buddhist Monk to Co-Founder of Headspace

TLDR Andy Puddicombe's transition from a Buddhist monk to co-founding Headspace involved challenges, international travel for training, and teaching meditation to diverse audiences. With the support of Rich Pierson, they created a successful meditation app, demystifying meditation and expanding their business globally.

Timestamped Summary

00:00 Wondery Plus subscribers can listen to "How I Built This" early and ad-free.
06:16 In the early 80s, meditation was not mainstream, and Andy Puddicombe's childhood experience with Transcendental Meditation shaped his perspective on its unconventional nature.
12:14 Andy Puddicombe felt a strong calling to become a Buddhist monk, leading him to travel to different countries to pursue his training, despite the challenges he faced.
17:31 Andy Puddicombe reflects on his decision to become a Buddhist monk and the challenges he faced when returning to his hometown in England after years of training.
22:59 Andy Puddicombe transitioned from being a Buddhist monk to studying circus arts in London, where he also began teaching meditation to people in the financial industry struggling with various issues.
28:44 Rich Pierson met Andy Puddicombe through a mutual friend and began exchanging skills, with Rich providing marketing advice and Andy teaching meditation, leading to the idea of expanding meditation outside of the clinic setting.
34:25 Rich Pierson and Andy Puddicombe had a shared sense of optimism, leading to the decision to start a business together, initially sparked by a skill swap that evolved into a 50-50 partnership to create a meditation app used by millions worldwide.
40:42 Rich Pierson and Andy Puddicombe started Headspace with the idea of demystifying meditation, initially funded by contributions from friends and family, including Rich's dad, who invested without expecting a financial return.
46:32 Headspace gained significant exposure and funding through a profile piece in The Times, leading to a lucrative book deal that helped sustain the business financially.
52:01 Headspace created a year-long meditation course with varying lengths of daily meditations, and secured partnerships with Virgin Atlantic and The Guardian to increase exposure and revenue for the business.
58:02 Headspace founders moved to California where they found a more supportive and optimistic business culture, despite facing setbacks like Andy's cancer diagnosis shortly after the move.
01:03:51 Headspace founders focus on scaling their business to reach more people through investor support, emphasizing the positive impact of money in spreading meditation.
01:09:10 Headspace founders believe the company can thrive without Andy's image and voice, emphasizing the importance of diverse voices and experts in delivering their meditation content.
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