This is worth its weight in gold. A welcome contrast to the "10 ways to succeed" blogjunk that clogs this area of the the web so badly.
One of the fascinating things about listening to a master speak is how many more subtleties there are.
The whole interview is worth reading. It's also worth pointing out that Will has created an environment where people aren't punished for asking each other whether they're wasting time. (For the impatient, search for "Ocean Quigley".)