In Part 2 of a two-part series, Greg and Patrick draw on their experiences with the National Institutes of Health and the Institute of Education Sciences (as grant PI/co-PI, reviewer, panelist, and panel chair) to offer recommendations for those planning to seek funding for their own research projects. They also talk about a thousand monkeys, stages of grief, Southwest vs. Spirit Airlines, proper use of the word "however," Red Bull, and banana peels.