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    • The Power of IntentionOur intentions shape our actions and their consequences. Being aware of our intentions and cultivating positive ones can lead to better experiences and results in life.

      In short, one big takeaway from The Knowledge Project podcast is the power of intention. According to Jack Kornfield, intention is not only about our actions, but also about the state of mind behind those actions. It is believed in Buddhist teachings that intention is the basis of karma or cause and effect. For example, if you intentionally crash your car into your neighbor's house out of rage, it will create a certain karma and consequences that you have to face. However, if the same accident happens due to a malfunctioning accelerator pedal, the outside perception may not see any difference. This teaches us that our intentions matter and can have a significant impact on our actions and the outcomes they generate. Therefore, being aware of our intentions and cultivating positive ones can lead to better experiences and results in life.

    • The Power of Setting IntentionsBy setting deliberate intentions, we can guide our actions towards what truly matters to us, leading to meaningful and fulfilling outcomes.

      Setting deliberate intentions can greatly impact our actions and the outcomes we experience. Mindfulness training encourages us to pay attention to our intentions and the potential consequences they may bring. By consciously setting our intentions, whether inwardly or outwardly, we can steer our actions and decisions towards what truly matters to us. These intentions act as a compass for our hearts, guiding us in moments of struggle or conflict. Taking a mindful pause and asking ourselves what our best or highest intention is shifts our consciousness and allows us to approach situations with kindness and understanding. It's not about following a strict regimen, but rather finding what works for us individually in our striving society. By engaging fully in the present moment and being devoted to our pursuits without tension or grasping, we can experience true engagement and fulfillment.

    • The Power of Mindful PresenceBeing fully present in the moment enhances experiences, deepens connections with others, and inspires better listening skills.

      Being fully present and mindful in the moment can greatly enhance our experiences and interactions. Whether it's grocery shopping or engaging in conversation, taking the time to truly be where we are, without distraction or rushing, allows us to appreciate and enjoy the present moment. While it's natural for thoughts to arise and the mind to wander, we can choose to acknowledge them and then refocus our attention back to the present. By practicing mindful presence, we can cultivate better listening skills and deepen our connections with others. And as we model this behavior, it can have a ripple effect, inspiring those around us to become better listeners too.

    • The power of deep listening and understanding adult development theory in building effective communication.Good listening requires going beyond surface-level stories, understanding others' perspectives, and guiding children towards better social interactions.

      Deep listening is an extraordinary experience that can make people feel truly seen and heard. To develop good listening skills, it is important to understand adult development theory, specifically the subject object theory by Bob Keegan and others. This theory defines the stages of development based on what is subject (fused with) and what is object (examined and talked about). In growth edge coach training, coaches are taught to listen for what is subject and what is object, which requires listening below the surface of the story and cultivating curiosity. When listening, it is crucial to see the world through the other person's eyes, even if we don't agree with them. As a parent, coaching a child who always points out others' mistakes can be challenging, but it is essential to provide feedback and help them understand the social implications of their behavior. The goal is to guide them towards using their intelligence appropriately and improving their social interactions.

    • The importance of feedback for growth and changeFeedback helps us navigate and improve our personal and professional lives by identifying blind spots and making necessary adjustments for progress and self-improvement.

      Feedback is crucial for growth and change. Just as we need feedback from our senses to navigate the world, we also need feedback in our personal and professional lives. Feedback serves as tension and dynamism in a system, allowing us to steer and adjust our actions. Without feedback, we are limited in our progress and may fall off track. Whether it's reflecting on our own behavior or receiving feedback from others, it helps us identify blind spots and make necessary adjustments. Language also plays a role in this process, as giving a specific label or phrase, like "listening to win," can instantly remind us of our patterns and prompt us to correct them. Ultimately, feedback and reflection are key in noticing our actions and moving towards a better version of ourselves.

    • Overcoming Self-Sabotage: Prioritizing the Right Things for SuccessOrganizations can avoid self-sabotage by focusing on customer needs, avoiding unnecessary policies and metrics, and embracing fluid cultural change.

      Organizations often sabotage themselves from within by prioritizing the wrong things. Instead of focusing on what customers and the market truly care about, they become preoccupied with appeasing the boss or achieving arbitrary metrics. This leads to an inaccurate and inauthentic feedback loop. Private businesses may have an advantage here, as they can take a longer-term perspective compared to public companies driven by short-term goals. The three main ways organizations sabotage themselves internally are through overreacting and implementing unnecessary policies, becoming fixated on metrics that drive mismanagement, and applying a complicated approach to complex systems. By emphasizing values and behaviors through fluid and authentic cultural change, organizations can avoid falling into these self-destructive patterns.

    • The Dangers of Blindly Following Procedures and Avoiding AccountabilityPrioritizing compliance and absolving oneself of responsibility can undermine personal integrity and growth. True integrity involves taking responsibility for one's actions, acknowledging emotions, honoring commitments, and staying focused.

      Following procedures blindly and absolving oneself of accountability can lead to negative outcomes. When individuals prioritize compliance over critical thinking, they may disregard the potential consequences of their actions. This mentality of "I followed the procedure, so it's not my fault" shifts responsibility away from the individual and onto the system or bureaucracy. However, this mindset undermines integrity and personal agency. True integrity is about energetic wholeness and being fully alive. It involves taking radical responsibility for one's actions and moving away from victimhood. Additionally, embracing and acknowledging one's feelings is crucial for maintaining vitality. These four pillars of integrity - radical responsibility, willingness to feel emotions, commitment to agreements, and keeping focus - are essential for sustaining aliveness and personal growth.

    • Living with Integrity: Enhancing Aliveness and Well-beingEmbracing the pillars of integrity, including taking responsibility, feeling emotions, speaking candidly, and honoring commitments, can renew vitality, enrich experiences, and foster flourishing relationships. Living with integrity helps us feel fully alive and vibrant.

      Living with integrity can greatly enhance our sense of aliveness and well-being. The speaker shares a personal story of suppressing emotions and withholding authenticity, which led to exhaustion and mild depression. By embracing the four pillars of integrity, such as taking responsibility, feeling emotions, speaking candidly, and being impeccable with agreements, they discovered a renewed sense of vitality and connection. By allowing themselves to feel and express their true emotions, they found that it did not overwhelm them, but instead enriched their experience of life. They also emphasize the importance of transparent communication and honoring commitments, as these actions contribute to a greater sense of integrity and flourishing relationships. Ultimately, living with integrity can help us feel fully alive and vibrant.

    • Embracing Reality for Growth and SuccessAcknowledging and accepting reality is the first step towards progress and finding solutions. Successful individuals understand the importance of navigating the real world and making informed decisions based on accurate information.

      Embracing reality and taking action is crucial for personal and professional growth. It's not enough to simply think about a problem or avoid facing the truth. The sooner we acknowledge and accept reality, the sooner we can make progress and find solutions. A founder's success often lies in their ability to navigate the reality-based world of business and make informed decisions based on accurate information. While some founders naturally possess this skill, others may need guidance in separating truth from misinformation or erroneous beliefs. Steve Jobs, often associated with a reality distortion field, actually exemplifies the importance of setting high standards and continuously striving for improvement within the bounds of reality. Embracing reality, no matter how challenging, is vital for growth and achieving desired outcomes.

    • Lessons from Visionaries: Craftsmanship, Raising Standards, Embracing Reality, and Fostering Independent Thinking.Attention to detail, setting high standards, embracing reality, and nurturing independent thought are essential for success in business and adapting to a future influenced by AI.

      Craftsmanship and raising the standard are key lessons from visionaries like Steve Jobs and Jeff Bezos. They believed that every aspect of a product should be beautiful and well-crafted, even if it goes unnoticed by most people. Jobs insisted on every detail being perfect, right down to the words on the back of an iPhone. Bezos pushed for impossible standards, refusing to settle for mediocrity. Another important lesson is the need to embrace reality and examine multiple signals, not just the ones that support our desired narrative. This is particularly significant in the business world, where financial performance reflects customer love and the value created. Lastly, fostering unpredictability and independent thinking can help individuals thrive in a future where AI may imitate conventional wisdom.

    • The Power of Deadlines: Balancing Perfection and ExplorationSetting deadlines helps us overcome the fear of imperfection, allowing us to focus on delivering quality work while still pushing boundaries and fostering personal growth.

      Deadlines are essential for creating something meaningful and different. They force us to make decisions and be ingenious in finishing projects. Without a deadline, we can fall into the trap of constantly seeking perfection and never shipping our work. By setting a deadline, we limit the infinite possibilities and focus on doing our best within a set timeframe. This balance between optimization and exploration is crucial. Spending two-thirds of our time optimizing and improving our work, and one-third trying new things allows us to push boundaries while still delivering quality. Ultimately, deadlines drive us to excel and overcome the fear of imperfection, leading to completed projects and personal growth.

    • The Power of Deadlines and the Freedom to FailEmbracing deadlines can help us overcome fear and perfectionism, giving us the freedom to learn from failure and focus on our strengths and capabilities.

      Controlling our time through deadlines can help us overcome the fear of putting our work out into the world. Deadlines give us a sense of control over our infinite amount of work and prevent us from constantly seeking perfection. We may hide behind the excuse of needing more time to perfect our work, but in reality, we may be avoiding the vulnerability of receiving feedback and criticism. By doing things on a regular basis, like creating art or producing a podcast, we give ourselves the freedom to fail because we know there will always be another opportunity to try again. Being a survivor rather than a victim of circumstances is a mindset shift that allows us to rewrite our narrative and focus on our strength and ability. Instead of dwelling on past powerlessness, it is more useful to recognize our capability and the times when risk-taking has paid off. Negative experiences should not overshadow the positive ones and we shouldn't be defined by occasional bad decisions.

    • Taking Control of Our Responses and ReactionsOur power lies in how we choose to react, and blaming external factors only hinders our growth. By taking control, we can create fulfilling lives and relationships.

      We have the power to control our responses and reactions in ordinary moments. Self-sabotaging behaviors and blame shifting to past experiences may seem like justifications, but they only strip away our power and hinder personal growth. For instance, when faced with frustrating situations like traffic, some people remain calm and focused while others become enraged and out of control. It's not the traffic itself that determines our reaction, but rather how we perceive and think about it. Similarly, in life and work, blaming external factors for our actions or decisions only weakens our own power and potential. Instead, we should strive to intervene early, take control, and create our own fulfilling lives and relationships.

    • Shaping Your Life with Intentionality and Setting StandardsIntentional actions, addressing problematic behavior, and building trust are essential for shaping a successful life and fostering a high-performance culture.

      Intentionality is crucial when it comes to shaping your life and setting standards for yourself. It's important to think about how you want your life to look and what you're willing to tolerate. This includes considering the actions you take, how much you give, and what you're willing to accept. Behavior plays a significant role in this, as it is a choice and not just a skill set. As a leader, it's vital to be aware that people are constantly observing your behavior and how you handle cultural issues. It's necessary to address problematic behavior swiftly and separate from individuals who violate accepted norms. Trust is key in creating a high-performance culture, and establishing fairness and clarity can help build trust within an organization.

    • Creating a Successful Organization with Clear Behaviors and CultureClearly communicate expectations, build a strong company culture, remember that not everyone will be a fit, and make strategic decisions to achieve sustainable success.

      In order to create a successful and sustainable organization, it is crucial to have a clear understanding of the desired behaviors and culture within the company. This means setting expectations and making it known what kind of behavior is accepted and expected from employees. It's important to recognize that not everyone will be a fit for the company and that's okay. By establishing a strong driving culture, the company can avoid the formation of subcultures that may hinder its progress. Additionally, it's essential to differentiate between a business and a family. In a business setting, it's about assembling the best players and coming together on the basis of a shared purpose, similar to a professional sports franchise. It's important to always evaluate when to push and when to walk away in order to achieve sustainable success.

    • The Power and Consequences of DesireDesire is a driving force in decision making, but it must be controlled and directed properly to avoid negative outcomes. Understanding one's motivations is crucial for successful decision making.

      Desire plays a significant role in decision making and can either fuel success or lead to detrimental outcomes. The human condition is universally driven by desire, and different schools of thought have found various ways to deal with it. Catholicism punishes desire with guilt, hedonists satisfy it without restraint, and Buddhist and Hindu beliefs emphasize the elimination of desire to achieve happiness. However, when desire is unchecked and channeled in the wrong direction, it can lead to cognitive biases and negative behaviors. Tiger Woods' story illustrates the power and consequences of desire, as it fueled his remarkable achievements but also led to personal and professional downfall. Understanding and evaluating the underlying motivations of desire is essential when making decisions and determining when to press an advantage or exercise patience.

    • The Role of Emotions and Risk Assessment in Modern AnalyticsEmotions play a crucial role in decision-making, and being able to effectively handle losses is essential in modern analytics. To succeed, we need to evolve as human beings and make decisive yet uncomplicated decisions.

      Modern day analytics is all about running probabilities. Whether it's in trading strategies or other competitive domains, it's essential to understand your advantage and assess the level of risk you're willing to take. Additionally, being able to handle losses effectively is crucial. Interestingly, studies have shown that decision-making is not better for individuals who have no ability to feel emotions. Emotions play a role in decision-making and can be refined to elevate our senses. To succeed and push our advantage, we need to evolve and become complete human beings who know ourselves and others. Complicated games, like life, require complexity of thought, even though the decisions we make are binary. Ultimately, being decisive and not overcomplicating things is key.

    Recent Episodes from The Knowledge Project with Shane Parrish

    #197 Michaeleen Doucleff: TEAM Parenting

    #197 Michaeleen Doucleff: TEAM Parenting

    It's surprising how often we give our kids orders: "Do this!" "Don't do that!" But if we want to raise resilient and independent kids, is this the right approach? Michaeleen Doucleff argues there's a better way, and in this conversation, she explains why and shares practical strategies for solving the parenting "crisis" in the modern world.


    In this conversation, Doucleff reveals four parenting principles that will help foster resilience and independence in your kids while protecting and enhancing their emotional well-being. Shane and Doucleff discuss her observations on how different cultures approach parenting and how their practices can help alleviate the burdens we place on ourselves and our children. We also explore the role of technology and its impact on our parenting and our children's development and maturity.
    Michaeleen Doucleff is the author of Hunt, Gather, Parent. Her work has taken her all over the world to explore, observe, and learn from the parenting practices of various cultures. She is also a correspondent for NPR's Science Desk.

    (00:00) Intro

    (04:12) How (and why) we've lost our way as parents

    (08:02) The rise of the nuclear family

    (13:46) TEAM Parenting: T

    (17:20) TEAM Parenting: E

    (23:01) Why you don't need to praise your child

    (26:12) TEAM Parenting: A

    (36:42) TEAM Parenting: M

    (38:34) "Kids do not need to be entertained"

    (39:12) Technology, parenting, and transmitting values

    (1:02:59) Resources parents can use to educate kids about technology

    (1:04:50) How you can use the environment to give kids autonomy

    (1:09:56) Success and parenting


    Watch the episode on YouTube: ⁠https://www.youtube.com/c/theknowledgeproject/videos⁠

    Newsletter - I share timeless insights and ideas you can use at work and home. Join over 600k others every Sunday and subscribe to Brain Food. Try it: ⁠https://fs.blog/newsletter/⁠

    My Book! Clear Thinking: Turning Ordinary Moments into Extraordinary Results is out now - ⁠https://fs.blog/clear/⁠

    Follow me: ⁠https://beacons.ai/shaneparrish⁠

    Join our membership: ⁠https://fs.blog/membership/

    #196 Brent Beshore: Business Brilliance and Happiness at Home

    #196 Brent Beshore: Business Brilliance and Happiness at Home

    Succeeding in both life and business is very difficult. The skills needed to scale a company often clash with those required to cultivate a thriving home life. Yet, Brent Beshore seems to have cracked the code—or at least he's actively working on it. In this conversation, he spills his secrets on excelling in both arenas.

    This episode is split into two parts: the first 45 minutes covers life and how to be a better person. Brent opens up about the evolution of his marriage, physical health, and inner life.

    The rest of the episode focuses on business. Shane and Beshore discuss private equity, how to hire (and when to fire) CEOs, incentives, why debt isn’t a good thing in an unpredictable world, stewardship versus ownership, and why personality tests are so important for a functional organization.
    After beginning his career as an entrepreneur, Brent Beshore founded Permanent Equity in 2007 and leads the firm as CEO. He works with investors and operators to evaluate new investment opportunities.


    Watch the episode on YouTube: https://www.youtube.com/c/theknowledgeproject/videos

    Newsletter - I share timeless insights and ideas you can use at work and home. Join over 600k others every Sunday and subscribe to Brain Food. Try it: https://fs.blog/newsletter/

    My Book! Clear Thinking: Turning Ordinary Moments into Extraordinary Results is out now - https://fs.blog/clear/

    Follow me: https://beacons.ai/shaneparrish

    Join our membership: https://fs.blog/membership/

    Sponsors:

    Shopify: Making commerce better for everyone. https://www.shopify.com/shane

    Protekt: Simple solutions to support healthy routines. Enter the code "Knowledge" at checkout to receive 30% off your order. https://protekt.com/knowledge


    (00:00) Intro

    (05:08) Why Brent examined his life

    (09:44) How Brent "fixed" his relationships

    (20:04) How helping hurts

    (32:13) How Brent was subtly controlling relationships

    (40:36) Why Brent stopped drinking (mostly)

    (50:29) How to run a business with love yet competitively

    (01:00:34) Win-win relationships

    (01:05:34) On debt

    (01:19:28) On incentives

    (01:29:08) How to hire and fire CEOs

    (01:34:18) What most people miss about hiring

    (01:44:19) Brent's playbook for taking over a company

    (01:51:20) On projections

    (01:55:52) Revisiting investments

    (01:58:44) How "hands-off" is Brent?

    (02:08:34) Where people go wrong in private equity

    (02:14:07) On success

    #195 Morgan Housel: Get Rich, Stay Rich

    #195 Morgan Housel: Get Rich, Stay Rich

    The skills it takes to get rich are drastically different from the skills it takes to stay rich. Few understand this phenomenon more than Morgan Housel. He's identified unique lessons about wealth, happiness, and money by studying the world's richest families and learning what they did to build their wealth and just how quickly they squandered it all.
    In this conversation, Shane and Housel discuss various aspects of risk-taking, wealth accumulation, and financial independence. Morgan explains the importance of understanding personal financial goals and the dangers of social comparison, lets everyone in on his personal financial “mistake” that instantly made him sleep better at night, and why the poorest people in the world disproportionately play the lottery—and why it makes sense that they do. They also touch on the influence of upbringing on financial behaviors, the difference between being rich and wealthy, and the critical role of compounding in financial success. Of course, we can’t have a writer as good as Morgan Housel on the podcast and not ask him about his process, so Housel concludes with insights into storytelling, his writing processes, and the importance of leading by example in teaching financial values to children.
    Morgan Housel is a partner at Collaborative Fund. Previously, he was an analyst at The Motley Fool. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers and was selected by the Columbia Journalism Review for the Best Business Writing anthology. He's the author of two books: The Psychology of Money and Same as Ever.
    Watch the episode on YouTube: ⁠https://www.youtube.com/c/theknowledgeproject/videos⁠

    Newsletter - I share timeless insights and ideas you can use at work and home. Join over 600k others every Sunday and subscribe to Brain Food. Try it: ⁠https://fs.blog/newsletter/⁠

    My Book! Clear Thinking: Turning Ordinary Moments into Extraordinary Results is out now - ⁠https://fs.blog/clear/⁠ 

    Follow me: ⁠https://beacons.ai/shaneparrish⁠

    Join our membership: ⁠https://fs.blog/membership/⁠


    Sponsors

    Protekt: Simple solutions to support healthy routines. Enter the code "Knowledge" at checkout to receive 30% off your order. ⁠https://protekt.com/knowledge


    (00:00) Intro

    (04:46) Risk and income

    (07:40) On luck and skill

    (10:10) Buffett's secret strategy

    (12:28) The one trait you need to build wealth

    (16:20) Housel's capital allocation strategy

    (16:48) Index funds, explained

    (20:59) Expectations and moving goalposts

    (22:17) Your house: asset or liability?

    (27:39) Money lies we believe

    (32:12) How to avoid status games

    (35:04) Money rules from parents

    (40:15) Rich vs. wealthy

    (41:46) Housel's influential role models

    (42:48) Why are rich people miserable?

    (45:59) How success sows the seeds of average performance

    (49:50) On risk

    (50:59) Making money, spending money, saving money

    (52:50) How the Vanderbilt's squandered their wealth

    (1:04:11) How to manage your expectations

    (01:06:26) How to talk to kids about money

    (01:09:52) The biggest risk to capitalism

    (01:13:56) The magic of compounding

    (01:16:18) How Morgan reads

    (01:22:42) How to tell the best story

    (01:24:42) How Morgan writes

    (01:35:42) Parting wisdom and thoughts on success

    #194 Abigail Shrier: The Parent-Therapy Trap

    #194 Abigail Shrier: The Parent-Therapy Trap
    Over the last decade, therapy has become the de facto solution to solve all sorts of problems for all sorts of people. Everyone has slowly accepted that therapy is normal and a net benefit to society.

    But instead of helping kids work through difficult circumstances, what if it's just making the problems worse? That's what Abigail Shrier thinks is happening, and in this conversation, she reveals some surprising reasons why.

    Shane and Shrier discuss the real reason therapy is "bad," how we got to this point of acceptance as a culture, and what you can do as a parent to get back to normalcy. Shrier also shares her experiences with lifelong therapy patients, who should actually be in therapy, and the one thing that makes someone a successful parent.

    Watch the episode on YouTube: https://www.youtube.com/c/theknowledgeproject/videos

    Newsletter - I share timeless insights and ideas you can use at work and home. Join over 600k others every Sunday and subscribe to Brain Food. Try it: https://fs.blog/newsletter/

    My Book! Clear Thinking: Turning Ordinary Moments into Extraordinary Results is out now - https://fs.blog/clear/ 

    Follow me: https://beacons.ai/shaneparrish

    Join our membership: https://fs.blog/membership/

    Sponsors:

    Shopify: Making commerce better for everyone. https://www.shopify.com/shane

    Protekt: Simple solutions to support healthy routines. Enter the code "Knowledge" at checkout to receive 30% off your order. https://protekt.com/knowledge

    (00:00) Intro
    (05:44) Inverse: How do we raise mentally unstable kids?
    (08:29) How we got to now
    (11:45) Bad therapy...or just social trends?
    (13:21) Being your kids' friend: good or bad?
    (15:55) The parenting type that raises the BEST kids
    (21:35) Is this all the parents' fault?
    (29:53) Is "Bad Therapy" a world-wide problem?
    (32:57) Talk to your kids' therapist about these things
    (42:09) The importance of facing adversity in childhood
    (47:06) Can we blame grad schools for all of this?
    (49:14) On technology and social media
    (51:03) Schools should "never" have gotten involved in mental health
    (54:43) Did COVID accelerate "bad therapy?"
    (56:07) How to return to normalcy
    (58:21) Why Shane shares negative YouTube comments with his kids
    (01:01:23) Shrier's experience being "cancelled"
    (01:04:13) On prestige media
    (01:07:47) Small steps parents can take to return to normal
    (01:11:02) Dealing with schools saying one thing and parents saying another
    (01:13:32) Why is the silent majority...silent?
    (01:16:32) If this continues, what happens?
    (01:18:19) What makes someone a successful parent?

    #193: Dr. Jim Loehr: Change the Stories You Tell Yourself

    #193: Dr. Jim Loehr: Change the Stories You Tell Yourself

    What if reaching the next level of success wasn't determined by another skill, degree, or course but by something that changed on the inside?

    That's what Dr. Jim Loehr believes, and in this episode, he reveals everything he knows about mental toughness and winning the mind game. Shane and Loehr discuss the radical importance of the stories you tell yourself—including how they can damage your kids—and how to change the negative stories you believe. Loehr also shares the best reflection questions to ask yourself to reveal personal blindspots, the importance of rituals for calming anxiety and performing under pressure, and how the best in the world use their recovery time effectively.

    Dr. Jim Loehr is a world-renowned performance psychologist and author of 16 books. From his more than 30 years of experience and applied research, Dr. Loehr believes the single most important factor in successful achievement, personal fulfillment, and life satisfaction is the strength of one’s character. Dr. Loehr possesses a masters and doctorate in psychology and is a full member of the American Psychological Association.

    Watch the episode on YouTube: https://www.youtube.com/c/theknowledgeproject/videos

    Newsletter - I share timeless insights and ideas you can use at work and home. Join over 600k others every Sunday and subscribe to Brain Food. Try it: https://fs.blog/newsletter/

    My Book! Clear Thinking: Turning Ordinary Moments into Extraordinary Results is out now - https://fs.blog/clear/ 

    Follow me: https://beacons.ai/shaneparrish

    Join our membership: https://fs.blog/membership/

    Sponsor:

    Protekt: Simple solutions to support healthy routines. Enter the code "Knowledge" at checkout to receive 30% off your order. https://protekt.com/knowledge

     

    (00:00) Intro

    (03:20) Parenting and storytelling

    (06:15) How to determine whether or not the stories are limiting or enabling you

    (08:41) What the stories world-class performers tell themselves

    (15:02) How to change the stories you tell yourself

    (23:26) Questions to journal about

    (26:16) Private voices vs. public voices (and how they impact your kids)

    (31:32) How to help your friends change their stories

    (37:30) How to better come alongside your kids to prevent destructive behavior

    (44:48) - (45:06) What Loehr knows about high performers that others miss

    (53:12) On time and energy

    (01:06:26) Conquering the "between point" ritual

    (01:11:50) On rituals vs. habits

    (01:15:54) How to increase your mental toughness

    (01:23:51) On success

     

     

    #192 David Segal: Yearly Planning, Daily Action

    #192 David Segal: Yearly Planning, Daily Action

    Working in a business and working on a business are two different things. Without the former, nothing gets done; without the latter, the wrong things get done. David Segal has a unique way of managing that tension, and this episode, he reveals all his business operating secrets and explains how he failed along the way.

    Shane and Segal discuss what entrepreneurship really is, where motivation comes from, and what Segal learned building a $200 million tea business. Shane and David also dive deep into the dark side of success and the radical depression that can strike when you get a big payday, life and business lessons they learned from Warren Buffett, and the value of time management.

    David Segal is the co-founder of Firebelly Tea. He’s also best known as “the David” of DAVIDsTEA. During his time at DAVIDsTEA, Segal grew the company from a single store to a $200 million retail giant. Segal left DAVIDsTEA in 2016 and started Mad Radish—a quick service restaurant concept. Mad Radish is all about providing healthy, gourmet fast foods. In 2021, Segal started Firebelly tea to create exceptional loose leaf teas tailored to modern living.

    Listeners of The Knowledge Project can receive a special 15 percent discount on Firebelly Tea products by heading to www.firebellytea.com and entering the code Shane15 at checkout.

    Watch the episode on YouTube: https://www.youtube.com/c/theknowledgeproject/videos

    Newsletter - I share timeless insights and ideas you can use at work and home. Join over 600k others every Sunday and subscribe to Brain Food. Try it: https://fs.blog/newsletter/

    My Book! Clear Thinking: Turning Ordinary Moments into Extraordinary Results is out now - https://fs.blog/clear/ 

    Follow me: https://beacons.ai/shaneparrish

    Join our membership: https://fs.blog/membership/

    Sponsor:

    Shopify: Making commerce better for everyone. https://www.shopify.com/shane

     

    (00:00) Intro

    (04:59) What entrepreneurship really is

    (07:10) How to manage your psychology

    (10:40) Yearly planning, daily action

    (15:50) Avoiding "ivory-tower syndrome"

    (18:30) Segal's childhood and background

    (25:15) The history of DAVIDsTEA and Firebelly

    (36:40) The evolution of tea and business over the last twenty years

    (42:30) On failures

    (49:00) Dealing with depression

    (52:30) Lessons about money

    (56:55) Business and life lessons from Warren Buffett

    (1:00:00) On time management

    (1:04:50) What's missing in Segal's life

    (1:08:39) On success

     

     

    #191 Dr. Rhonda Patrick: Diet Essentials For Healthy Living

    #191 Dr. Rhonda Patrick: Diet Essentials For Healthy Living
    Shane Parrish sits down with the renowned biochemist Dr. Rhonda Patrick to explore the intricate world of nutrition and health. Dr. Patrick provides a deep dive into the role micronutrients play in our daily health, detailing how deficiencies and insufficiencies in vitamins, minerals, fatty acids, and amino acids can lead to serious health issues over time. Shane and Dr. Patrick also discuss the science behind deliberate heat exposure. She outlines the optimal sauna conditions—temperature, duration, and frequency—necessary to achieve these health benefits and explains the physiological mechanisms at play.
     
    Rhonda Patrick has a Ph.D. in biomedical science and a Bachelor of Science degree in biochemistry/chemistry from the University of California, San Diego. She has done extensive research on aging, cancer, and nutrition.
     

    (00:00) Intro

    (04:40) A philosophy for nutrition

    (15:36) Micronutrients through supplements vs. food

    (25:43) Wild-caught vs. farm-raised fish

    (28:44) Organic vs. non-organic vegetables

    (36:14) On macronutrients

    (40:20) How protein levels differ in different foods

    (45:27) The best morning smoothie recipe

    (54:48) Dr. Patrick grades Shane's "GOAT" smoothie recipe

    (59:14) Grass-fed vs. non-grass fed

    (01:04:40) On vitamin D (Is sunscreen killing us more than the sun?)

    (01:19:48) Deliberate heat and cold exposure

    (01:44:27) Top three behavioral and diet interventions for life and health improvements

    Watch the episode on YouTube: https://www.youtube.com/c/theknowledgeproject/videos

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    #190 Brad Jacobs: Building a Business Empire

    #190 Brad Jacobs: Building a Business Empire
    Throughout his tenure, Brad Jacobs has built multiple billion-dollar companies. While there is no "playbook" for growing a business, he focuses on a few factors above all else in every company he operates, and in this conversation, he reveals them all.

    Shane and Jacobs discuss how to read anyone during an interview through a series of intentional questions, the exciting role of AI and technology in the future of business, and where money-making ideas hide in companies. Jacobs also shares how his training in math and music made him a better business operator, the one thing he focuses on to grow his businesses, how to spot big trends before everyone else, and the only thing a company should focus on for success.

    Brad Jacobs has started five companies from scratch and led each to become a billion-dollar or multibillion-dollar enterprise. These include three publicly traded companies: XPO Logistics, where he serves as Chairman and CEO, United Rentals, and United Waste Systems. Before starting XPO in 2011, Jacobs founded United Rentals in 1997 and led the company as Chairman and Chief Executive Officer. In 1989, he founded United Waste Systems.
     
    (00:00) Intro
    (04:44) The future of AI
    (07:21) How to think rationally
    (08:48) The major trend
    (10:57) The research process
    (13:29) On asking better questions
    (19:35) On rearranging your brain
    (22:23) On music, math, simplicity, and business
    (32:26) Leverage, debt, and optionality
    (35:11) What it takes to take contrarian bets
    (40:45) Confidence and parents
    (50:21) Why negative-only feedback is detrimental for employees
    (56:14) Money lessons
    (58:13) A deep dive on M&A (Jacobs' secret sauce to growing his companies)
    (01:07:51) Questions to immediately get to know anyone
    (01:11:14) On boards and board meetings
    (01:16:57) On decision-making
    (01:23:37) The role of capital markets
    (01:25:41) The type of person you don't want to hire
    (01:31:16) The best capital allocators
    (01:33:53) Biggest lesson Jacobs learned from the past year
    (01:37:20) On success
     

    Watch the episode on YouTube: https://www.youtube.com/c/theknowledgeproject/videos

    Newsletter - I share timeless insights and ideas you can use at work and home. Join over 600k others every Sunday and subscribe to Brain Food. Try it: https://fs.blog/newsletter/

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    Follow me: https://beacons.ai/shaneparrish

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    #189 Chris Davis: Three Generations of Wealth

    #189 Chris Davis: Three Generations of Wealth

    Most families who obtain immense wealth squander it by the third generation. But Chris Davis comes from a family whose grandfather and father all became independently wealthy of each other, and Davis has done the same. How does that keep happening? In this conversation, we find out.

    Shane and Chris discuss life and investment lessons he learned from his father and grandfather, why writing is more important to clarify one's thinking no matter who's reading it, and the surprising benefit of reading physical newspapers and wearing ties to work. Davis also shares his value-investing philosophy, what he learned from working with and meeting Charlie Munger, and what parents can do to raise kids who aren't entitled. Davis talks about his alcohol drink tracker and why it's important to him, why he never puts himself in situations where envy can grow, and Warren Buffett's letter about why investment managers underperform.

    Chris Davis has been a Director of The Coca-Cola Company since April 2018. Davis is Chairman of Davis Selected Advisers-NY, Inc., an independent investment management firm founded in 1969. Davis joined Davis Selected Advisers-NY, Inc. in 1989 as a financial analyst and in 1995, he became a portfolio manager of the firm’s flagship funds. Prior to joining Davis Selected Advisers-NY, Inc., he served as a research analyst at Tanaka Capital Management and as an accountant at State Street Bank and Trust Co.

    Watch the episode on YouTube: https://www.youtube.com/c/theknowledgeproject/videos

    Newsletter - Each week I share timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/

    My New Book! Clear Thinking: Turning Ordinary Moments into Extraordinary Results is out now - https://fs.blog/clear/ 

    Follow me: https://beacons.ai/shaneparrish

    Join our membership: https://fs.blog/membership/

    Sponsors:

    Eight Sleep: Sleep to power a whole new you. https://www.eightsleep.com/farnamstreet

     

    (00:00) Intro

    (03:20) Life lessons Davis learned from his grandfather and father

    (26:24) The importance of writing things no one reads

    (36:55) Davis' experiences through financial crises

    (52:31) Why Davis loves managing a mutual fund

    (55:49) Why Berkshire Hathaway operates with margin

    (01:01:05) What is risk?

    (01:04:02) On low interest rates and their future impact

    (01:14:46) The mismatched timelines between CEOs, companies, investors, and policy

    (01:22:19) How Davis and Munger met

    (01:30:20) Lessons learned from Munger

    (01:41:29) Why avoiding weaknesses is the ultimate recipe for success

    (01:55:46) How to raise non-entitled kids and avoid lifestyle creep

    (01:16:10) On happiness

    (02:27:00) Good vs. bad board meetings

    (02:31:34) Three generations of wealth

    (02:37:15) On success

    #188: Bryan Johnson: Five Habits for Longer Living

    #188: Bryan Johnson: Five Habits for Longer Living
    What can you do (or avoid) tomorrow to guarantee you can live longer?

    In this episode, Bryan Johnson reveals the five simple disciplines you can start doing to live healthier and longer. Johnson shares what his daily routine looks like, the ins and outs of his experimentation process, and why he gave his father plasma.

    Johnson also opens up about the constant hate he receives from people online, how he deals with it all, and what he wishes he'd known when he sold his company.

    Bryan Johnson is the world's most measured human. Johnson sold his company to PayPal in 2013. Through Project Blueprint, Johnson has achieved metabolic health equal to the top 1.5% of 18 year olds, inflammation 66% lower than the average 10 year old, and reduced his speed of aging by the equivalent of 31 years.

    Johnson is also the founder of Kernel, creator of the world’s first mainstream non-invasive neuroimaging system; and OS Fund, where he invested in the predictable engineering of atoms, molecules, and organisms.

    Watch the episode on YouTube: https://www.youtube.com/c/theknowledgeproject/videos

    Newsletter - Each week I share timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/

    My New Book! Clear Thinking: Turning Ordinary Moments into Extraordinary Results is out now - https://fs.blog/clear/ 

    Follow me: https://beacons.ai/shaneparrish

    Join our membership: https://fs.blog/membership/

    Sponsors:
    Eight Sleep: Sleep to power a whole new you. https://www.eightsleep.com/farnamstreet

     

    Timecodes:

    (00:00:00) Intro

    (00:03:45) On biographies

    (00:08:03) On depression and coping mechanisms

    (00:14:18) Self-destructive behavior and how to pitch Blueprint to someone

    (00:26:50) What a day looks like on Blueprint (exercise and what to eat)

    (00:42:06) How to turn Blueprint protocols into habits

    (00:45:17) Embracing the hate

    (00:49:07) The downsides and lessons of making money

    (00:59:22) The five habits

    (01:05:09) Why does posture matter?

    (01:07:48) Relationship between biological health and sexual health

    (01:09:50) Hair-loss prevention

    (01:15:46) Sunscreen, plastics, and other miscellaneous impacts on aging

    (01:18:30) How will AI help us?

    (01:22:10) On success

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    You can find Stephen's book, The 7 Habits of Highly Effective People here.

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