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The PXO Podcast

The PXO Podcast

Written by: Mike Richardson & Zarir (Zed) Vakil
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For Portfolio Professionals, Executives and Careers Globally ... The PXO Exchange Podcast is where Mike Richardson and Zarir (Zed) Vakil put the modern working life on the table and take it apart together.© 2026 Mike Richardson & Zarir (Zed) Vakil Careers Economics Personal Success
Episodes
  • The PXO Manifesto
    Sep 28 2026

    Portfolio professionals often struggle to explain what they do, especially after leaving corporate life. You may call yourself self-employed, consultant, coach, speaker or simply 'between things,' while your activities sit in separate silos and never compound. The PXO framework gives that fragmented identity a name: "P" for passion and portfolio, "X" for expertise and exchange, "O" for ownership and offer.

    Instead of stacking a loose pile of roles, build an integrated portfolio business model where each part feeds strategic value to the others. That is how you move from addition to multiplication, or going exponential. The episode explores excavate, exchange and expedition: dig up the expertise already inside you, trade value peer-to-peer rather than down a hierarchy, and travel an uncertain road with better kit.

    It also covers running fast parallel experiments, using AI and MVP websites to get real feedback, and holding the paradox of professional willpower with personal humility. The PXO Global website launches October 1 with a census and a seven-question X Check to show where you stand. The goal is to avoid an 'if only' life and show up as yourself.

    Highlights

    • PXO turns fragmented labels like consultant or coach into one portfolio identity.
    • Integrated portfolios let each part feed strategic value, creating exponential snowball effects.
    • Excavate existing expertise, exchange value peer-to-peer, and run fast experiments.
    • Use paradox: pair professional willpower with humility and outer strategy with inner identity.


    Important Concepts and Frameworks

    • PXO — Framework reframing portfolio professionals through passion, expertise, exchange, ownership and offer instead of fragmented labels.
    • Portfolio Equation — P for passion times purpose, X for expertise times exchange, O for ownership and offer.
    • Exponential — A portfolio multiplies roles and revenue so each part feeds and synergizes with the others.
    • Excavate — Chip Conley's charge to dig up what is already you rather than retrain into someone else.
    • Paradox — The "and" proposition of professional willpower and personal humility, outer strategy and inner identity.


    Tools & Resources Mentioned

    • LinkedIn — Platform for the PXO company page, group, newsletters, articles and podcast distribution.
    • PXO Global — Website launching October 1 with the PXO Manifesto, census, X Check and resources.
    • Census — Ten-second questionnaire with no email or account, collecting the many ways people describe their X.
    • X Check — Seven-question, three-minute diagnostic showing where you stand on the portfolio expedition.
    • Claude — AI tool used to build and progressively publish a real website for feedback.


    Calls to Action

    1. Take the PXO census to see the many X labels and name your own.
    2. Run the seven-question X Check to locate your starting point.
    3. Pick one strength or offer to exchange with a peer this week.


    Key Quotes

    • "We didn't invent the impulse, we just came here to name it." — Zed Vakil
    • "The secret is to run a fast series of parallel experiments." — Mike Richardson
    • "You didn't leave whatever you were doing before to be called an X. You left to be exponential." — Zed Vakil
    • "There's no separation between your soul and your role because you don't know any better." — Mike Richardson


    Chapters

    00:00 — Why portfolio professionals need a name
    03:17 — One acronym for many portfolio labels
    04:58 — The portfolio equation, decoded
    12:36 — Multiply your career, don't just add
    15:59 — Excavate, exchange, expedition
    26:54 — Experiment your way to a portfolio
    42:20 — Find your starting point with X Check

    Your hosts:

    Zarir (Zed) Vakil - Advise. Navigate. Inspire.
    Website - https://www.zarirvakil.com/
    LinkedIn - https://www.linkedin.com/in/zarirzedvakil/

    Mike Richardson - Agility, Peer Power & Collective Intelligence
    Website - https://mikerichardson.live/
    LinkedIn - https://www.linkedin.com/in/agilityexpertmikerichardson/

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    45 mins
  • Portfolio Careers Need a Better Operating System
    Aug 24 2026
    Portfolio careers are becoming less of an alternative path and more of a likely career reality. The problem is that many experienced professionals enter this shift with strong expertise but without a clear operating model for turning that expertise into sustainable work, income, identity, and momentum. This episode introduces PXO as a practical way to think about portfolio professionals: people building careers across multiple roles, revenue streams, and forms of value rather than relying on one traditional job title.The conversation frames portfolio work as both an opportunity and a challenge. It can create more freedom, purpose, and prosperity, but it can also be lonely, commercially confusing, and difficult to execute without structure. The hosts discuss why the rise of portfolio careers accelerated before, during, and after COVID, and why demographic shifts make this trend even more important. One major concept is the “100-year life,” where the old three-stage model of education, career, and retirement no longer fits a world where people may live and work much longer.The episode also explores the distinction between life and business in a portfolio career. While portfolio work can integrate personal purpose and professional activity, it still requires business discipline: positioning, repeatable success processes, commercial clarity, peer support, and personal brand development. The discussion highlights the need to avoid simply relabeling yourself as a freelancer, consultant, fractional executive, interim, or gig worker without defining what you offer and how you create value.PXO Exchange is introduced as a broader ecosystem designed to support people who are dreaming about, considering, launching, or already executing a portfolio career. This includes the podcast, LinkedIn activity, peer forums, future AI-enabled tools, webinars, booklets, and other resources. The goal is to build a practical body of wisdom so portfolio professionals do not have to learn every lesson the hard way.The core payoff for listeners: a portfolio career can become a more prosperous second-half career or long-tail career, but only if it is designed intentionally, supported by peers, and treated as a serious professional operating system rather than a vague lifestyle choice.HighlightsReframe portfolio work as a career operating model, not a job title.Prepare for longer careers where retirement may arrive much later.Avoid conflating personal life with business discipline.Build peer support to reduce isolation and accelerate learning.Define success around purpose, prosperity, and sustainable execution.Use PXO as a shorthand for many forms of independent professional work.Important Concepts and FrameworksPXO — A shorthand for portfolio professionals across many “X” roles: fractional, interim, freelance, consulting, gig, advisory, and self-employed work.PXO Exchange — The broader ecosystem being built around the podcast, peer learning, LinkedIn activity, AI-enabled tools, and resources.Portfolio Career — A professional life built around multiple roles, revenue streams, activities, and forms of value creation.Portfolio Professional — Someone actively designing and delivering work across a portfolio rather than one fixed corporate role.The 100-Year Life — A longevity framework challenging the traditional education-career-retirement model.Portfolio Tail to a Career — The idea that longer working lives may require independent, flexible, portfolio-based work later in life.Midlife Chrysalis — A transformation lens for moving from one career identity into another, rather than treating midlife as only a crisis.Outer Journey and Inner Journey — The practical strategies and tactics of portfolio work, alongside identity, discovery, and personal brand development.Personal Advisory Board / Peer Forum — A structured peer group for case processing, reflection, accountability, and shared insight.Tools & Resources MentionedPXO Global — Landing page for the PXO podcast and broader PXO ecosystem. Portfolio Peer Forums — Facilitated peer forums for portfolio professionals using case processing and personal advisory board formats. LinkedIn — Used for the PXO company page, group, newsletter, posts, and articles.The 100-Year Life — Book referenced as a framework for longer lives and longer careers.Midlife Chrysalis — Chip Conley podcast referenced as a lens for midlife transformation.The Portfolio Collective — Former global community for portfolio professionals, referenced as part of the market context.AI-Augmented Tool / Platform — Planned PXO resource to help portfolio professionals accelerate development through structured modules.Calls to ActionReflect on whether you are dreaming about, considering, launching, or already executing a portfolio career.Define the value you offer clients before worrying about the perfect job title.Treat your portfolio career like a business with clear disciplines, not just...
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    28 mins
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