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    • Understanding difficult conversations and empathizing with othersDuring tough talks, lean in to understand the other person's perspective for stronger relationships and effective conflict resolution

      During difficult conversations, even when we're frustrated and don't want to listen, it's crucial to lean in and try to understand the other person's perspective. Sheila Heen, an expert on conversations, shares her insights on how to deal with difficult conversations, including how to avoid them, teach kids about them, and more. Sheila's journey into studying conversations began unexpectedly during law school, where she fell in love with the negotiation elective. The text they used was "Getting to Yes" by Roger Fisher, who founded the Harvard Negotiation Project and was motivated by his experience of being the only one of his college roommates to return home from World War 2. By understanding and empathizing with others, we can build better relationships and navigate conflicts more effectively.

    • Learning Negotiation from Children and ProfessorsEffective negotiators pay attention to what works, own up to mistakes, and teach kids negotiation skills by understanding their interests and encouraging perspective taking.

      Negotiation is a crucial skill in life, and effective negotiators pay close attention to what works in various relationships, including those with children. Harvard Law School student shares her experience with an inspirational negotiation professor who emphasized the importance of demonstrating what is taught and owning up to mistakes. This philosophy led her to become deeply involved in negotiation, even teaching it at both Harvard and MIT. Kids are surprisingly effective negotiators due to their intuitive understanding of what works and the adults' tendency to unintentionally reward certain behaviors. Parents can teach their kids negotiation skills by understanding their interests and concerns, and encouraging them to take perspective. However, it's essential to remember that not every situation is a negotiation and to provide children with space to learn these valuable skills. The student's personal journey and insights into negotiation highlight its interdisciplinary nature and the importance of mastering this skill for effective communication and understanding different perspectives.

    • Recognizing childhood negotiation experiences can improve negotiation skills as adultsUnderstanding our own negotiation strategies from childhood can help us become better negotiators as adults. Recognizing our weaknesses and encouraging persuasive skills in children can lead to effective negotiation techniques.

      Effective negotiation skills are developed early in life, and understanding our own negotiation strategies from childhood can help us become better negotiators as adults. The speaker shared her experience of teaching negotiation to her children and learning valuable lessons about her own negotiation style. She discovered that she can be impatient and dictatorial when frustrated, but recognizing this helps her avoid escalating conflicts and find more productive solutions. The speaker also shared how she encourages her children to persuade her using research and well-thought-out arguments, which not only helps them develop persuasive skills but also teaches them the importance of considering the other party's perspective. The speaker also mentioned that Harvard Law School students, when asked about their childhood negotiation experiences, often share similar strategies, such as being good students, making presentations, building coalitions, and reverting to early successful strategies when under pressure. Overall, the discussion highlights the importance of recognizing and building upon our childhood negotiation experiences to become effective negotiators in various aspects of life.

    • Effective listening in interpersonal interactionsListening builds better relationships, sets the stage for reciprocity, and unlocks new possibilities for collaboration and problem-solving. It's a trained response that requires practice and effort.

      Effective listening is a crucial yet often overlooked skill in negotiation and other interpersonal interactions. When we're stuck or frustrated, it's natural to want to talk and persuade rather than listen. However, good listening not only helps us understand the other person's perspective but also builds a better relationship and sets the stage for reciprocity. Listening goes beyond just paraphrasing or acknowledging what the other person says; it means truly paying attention, being curious, and trying to understand their interests, concerns, and motivations. It's particularly important in difficult situations, when it's hardest to listen. By focusing on listening, we can change the dynamic and unlock new possibilities for collaboration and problem-solving. As the speaker mentioned, listening is a trained response that requires practice and effort. It's not a boring or obvious answer, but a powerful one that can make a big difference in our personal and professional lives.

    • Navigating difficult conversationsEffective communication in challenging situations involves understanding the other person's perspective, even when it's difficult, and applying self-awareness, empathy, and active listening skills.

      Effective communication, especially during difficult conversations, requires leaning into conflict rather than running away from it. This counter-intuitive approach involves understanding the other person's perspective first, even when it's challenging or frustrating. This concept, learned at the fire academy, applies not only to personal relationships but also to professional negotiations. Difficult conversations are not just verbal exchanges between two people, but can also include unspoken thoughts and emotions. In fact, the Negotiation Project at Harvard discovered that their interest-based negotiation approach wasn't always effective in challenging conversations. They defined a difficult conversation as any conversation that feels difficult to one or both parties. These conversations often involve disagreement, uncertainty, and strong emotions. Media, such as phone, text, email, or in-person interactions, can also impact the conversation dynamic. Overall, the ability to effectively navigate difficult conversations requires self-awareness, empathy, and a willingness to listen and understand the other person's perspective.

    • Factors affecting communication effectivenessChoose communication channels considering individual preferences, emotional reactions, and availability of nonverbal cues to ensure effective and productive conversations.

      Effective communication depends on various factors, including the medium used and the preferences and emotional reactions of the individuals involved. The choice of communication channel can significantly impact the outcome of a conversation, with some people preferring certain mediums over others. For instance, some people might find phone conversations more effective for dialogue due to the availability of body language and facial expressions, while others might prefer texting for its brevity. However, the absence of nonverbal cues in email can lead to misunderstandings and escalation of conflicts. It's essential to consider these factors when choosing a communication channel to ensure effective and productive conversations. Additionally, the speaker emphasized that silence and tone can also convey messages, and it's crucial to be aware of how our communication style might be perceived by others.

    • The human touch is missing in emailsPause before responding, consider the message, and respond thoughtfully to prevent misunderstandings and emotional escalation in emails.

      Emails can escalate emotions due to the lack of non-verbal cues and context. When communicating via email, it's essential to remember that there's a human being on the other side. Negative emails, especially from strangers, can often reflect more about the sender than the receiver. However, when communicating with someone known well, sudden changes in tone or language can signal that something is amiss. The lack of real-time feedback and the potential for emails to be forwarded or taken out of context can make it challenging to defuse tense situations. A key strategy is to pause before responding, take time to consider the message, and respond thoughtfully rather than reacting impulsively. Remembering to be purposeful in our actions, especially in digital communication, can help prevent misunderstandings and emotional escalation.

    • Shift focus from blame to joint contributionDuring conflicts, consider desired outcome and respond purposefully, recognizing roles and identifying changes needed.

      Effective communication, especially during conflicts, involves moving beyond blame and reacting with purpose. Instead of focusing solely on what caused the conflict, it's essential to consider what we want the outcome to be and the choices we have in responding. This shift from blame to joint contribution can help us understand the roles we each play in the situation and identify what changes need to be made. People's emotional responses to conflicts can vary greatly, and giving someone time to move past their reactionary period can lead to more productive conversations. The 3-part conversation framework - what happened, feeling, and identity - can help us understand the layers of a difficult conversation and recognize alternative perspectives. By focusing on these aspects, we can improve our communication skills and foster healthier relationships.

    • Shift from being right to being curiousEffective communication in difficult conversations requires self-reflection, acknowledging emotions, and shifting from blame to understanding intentions and impacts.

      Effective communication in difficult conversations requires shifting our internal perspective before we can have a productive dialogue. From within our own story, it's challenging to have a better conversation, so we must first move from being focused on being right to being curious about why we see things differently. This shift allows us to move from blame to acknowledging joint contribution and understanding each other's intentions and impacts. Moreover, difficult conversations often involve a complex tangle of emotions, and ignoring these feelings can prevent us from addressing the deeper problem. While it may seem counterintuitive, acknowledging and addressing emotions is crucial for resolving underlying issues in personal and professional relationships. In essence, successful communication in difficult conversations requires self-reflection, curiosity, and a willingness to understand and address both the surface problem and the underlying emotions.

    • Acknowledging emotions is key to effective communication and problem-solvingIgnoring emotions during difficult conversations can hinder progress and lead to missed opportunities. Acknowledging and addressing emotions is crucial for understanding interests, building relationships, and making informed decisions.

      Effective communication and problem-solving in difficult conversations require both rationality and emotional intelligence. While it may seem counterintuitive, suppressing feelings and focusing solely on rationality can hinder progress. Instead, acknowledging and addressing emotions is crucial for understanding interests, building relationships, and making informed decisions. The neuroscientific evidence shows that feelings and emotions play a significant role in decision-making, and ignoring them can lead to missed opportunities and ineffective outcomes. In essence, emotions are not separate from rationality but are integral to successful communication and problem-solving.

    • Expressing emotions in the workplaceEffectively expressing emotions can help resolve conflicts faster than rational arguments. Naming emotions can cut to the heart of the issue without appearing emotional.

      Expressing emotions effectively in a professional setting can help resolve conflicts faster than continuing to argue based on rational arguments. Naming emotions in the room, such as frustration or confusion, can cut to the heart of the issue without appearing emotional or demonstrating emotion. However, in some relationships or situations, showing emotion can be helpful to break a cycle of misunderstanding. It's important to remember that everyone processes emotions differently, and what feels easy to discuss in new relationships may not feel as easy in long-standing ones due to accumulated baggage and complexity. Ultimately, effective communication involves being aware of emotions and finding ways to express them in a productive and respectful manner.

    • Understanding and communicating feelings in relationshipsEffective communication of feelings in relationships leads to deeper connections and healthier dynamics, but past experiences influence which feelings we share and how we express them.

      The way we communicate feelings in relationships, whether old or new, plays a significant role in shaping the dynamics of those relationships. In established relationships, discussing new or uncomfortable feelings can feel risky and awkward due to the established "groove" of communication. Conversely, in new relationships, the lack of a deep groove allows for broader conversations and the opportunity to establish new patterns. Our emotional footprints, shaped by past experiences, influence which feelings we feel comfortable expressing in relationships. Sometimes, we may translate feelings like hurt or disappointment into anger, making it essential to unpack our emotions before sharing them for a more productive and complete conversation. In summary, understanding and effectively communicating feelings in relationships can lead to deeper connections and healthier dynamics.

    • Recognize and address feelings in conversationsEffective communication involves acknowledging emotions behind words to move past arguments and get to the heart of the issue faster. Be open to discussing feelings and invite reciprocity.

      Effective communication involves recognizing and addressing feelings in conversations, in addition to focusing on facts. By actively listening for and acknowledging the emotions behind words, we can move past arguments and get to the heart of the issue more quickly. This requires being open to discussing feelings and inviting reciprocity from the other person. Additionally, it's important to be aware of the internal conversations we have about ourselves during difficult conversations, as these identity conversations can significantly impact our emotions and communication style. By understanding the role of feelings and identity in communication, we can improve our relationships and foster more productive conversations.

    • Understanding the complexity of our identitiesRecognizing that identity is multifaceted and acknowledging conflicting identities or values can help navigate difficult conversations and make decisions that align with our values.

      Difficult conversations often revolve around our sense of identity and the stories we tell ourselves about who we are. These stories can create internal conflicts when faced with challenging situations, leading to feelings of anxiety and intense emotions. Identity is complex and multifaceted, and it's not uncommon to have conflicting identities or values. Instead of viewing identity as black and white, it's essential to reframe it and recognize that making good decisions for ourselves doesn't make us quitters. In the case of work-life balance, for instance, we may identify as both a dedicated professional and a caring parent. In such situations, it's crucial to find a balance that honors both aspects of our identity without compromising either. By shifting our perspective and acknowledging the complexity of our identities, we can navigate difficult conversations more effectively and make decisions that align with our values.

    • Modeling imperfections for kidsParents should authentically reflect on their own imperfections, apologize when necessary, and foster open dialogue to teach kids empathy, accountability, and self-advocacy.

      Effective communication, especially between parents and children, involves being authentic and modeling the behavior we want to see in our kids. We all have multiple facets to our personality, and it's essential to recognize that we can't be perfect all the time. It's important to engage in honest self-reflection and acknowledge our imperfections, as this sets an example for our kids. Moreover, fostering open and respectful dialogue enables children to learn valuable skills like empathy, accountability, and self-advocacy. As parents, we must be willing to apologize when we make mistakes and encourage our kids to express their thoughts and feelings. By doing so, we create an environment where meaningful conversations can build and strengthen relationships.

    • Effective communication and apology in parentingParents should communicate effectively, apologize for mistakes, offer info instead of decisions, and handle recurring friction points with understanding and connection.

      Effective communication and apology are crucial in modeling behavior for children and maintaining healthy relationships. Parents should avoid making decisions for their kids but offer valuable information instead. Apologizing for losing patience and control of emotions can help children understand and learn from parents' mistakes. John Gottman's research on marriage conversations reveals that recurring themes in arguments are often unsolvable differences and transitory issues. Handling these friction points with understanding and connection can lead to more meaningful relationships. Parents should be aware of their emotions and be patient with themselves and their partners, as communication and self-awareness are ongoing processes.

    • Effective Communication in Relationships: Predicting Divorce and Strengthening ConnectionsGottman's research reveals signs of contempt and dismissal in unhealthy communication, while humor acts as an escape hatch in conflicts. Improve communication skills by owning mistakes, actively listening, and understanding others' perspectives.

      Effective communication in relationships is crucial for their strength and longevity. John Gottman's research in this area is particularly noteworthy, as he can predict with remarkable accuracy whether couples will divorce based on their conversations. He identifies signs of contempt and dismissal, such as eye rolling, as indicators of unhealthy communication. Conversely, the use of humor as an escape hatch during conflicts is a positive sign. To improve communication skills, individuals should own their contributions to conflicts, actively listen, and try to understand the other person's perspective. These skills can help turn difficult conversations into opportunities for joint problem-solving and deeper connection. It's essential to approach these conversations with curiosity and a willingness to learn from both the successful and challenging relationships in our lives. Ultimately, the ability to communicate effectively is a lifelong journey that requires ongoing effort and self-reflection.

    • Effective communication in relationshipsCommunication is crucial for strong connections. Difficult conversations can improve relationships, but suppressing negative feelings can lead to resentment. A positive-to-negative interaction ratio of 5:1 is optimal, but too many positives before a negative can indicate holding back. Approach conversations from a place of understanding and exploration.

      Effective communication in relationships is crucial for building and maintaining strong connections. When we feel safe to bring up difficult conversations, we can work through challenges and improve our relationships, even if the process is difficult. Conversely, suppressing negative feelings can lead to resentment and a deterioration of the relationship. The research of John Gottman suggests that a positive-to-negative interaction ratio of 5:1 is optimal for healthy relationships. However, having too many positive interactions before a negative one can indicate that one partner is holding back important issues. Even a negative response is better than no response at all, as it shows that the relationship is still active. People have different models of relationships, and some may view conflict as a sign of care. Ultimately, the key is to approach difficult conversations from a place of understanding and exploration, rather than trying to change the other person or prove them wrong.

    • Exploring each other's perspectives during disagreementsEffective communication doesn't require resolving disagreements or changing views. Instead, focusing on understanding and suspending judgments can lead to less stressful conversations and opportunities for learning.

      Effective communication, especially during disagreements, doesn't require the need to resolve an issue or change each other's views. Instead, approaching conversations with a curious and open mindset, suspending judgments, and focusing on understanding the other person's perspective can lead to better, less stressful conversations. Not reaching a resolution isn't a failure; it's an opportunity to learn something new about the other person. Moreover, marriage is an ongoing feedback conversation, and understanding this concept can help improve communication and strengthen relationships. Overall, this conversation emphasized the importance of curiosity, openness, and understanding in effective communication.

    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.

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    (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

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    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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    #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.
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    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

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    (01:19:28) On incentives

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

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    #195 Morgan Housel: Get Rich, Stay Rich

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    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

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

    (27:39) Money lies we believe

    (32:12) How to avoid status games

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    (40:15) Rich vs. wealthy

    (41:46) Housel's influential role models

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

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    (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

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    #194 Abigail Shrier: The Parent-Therapy Trap

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    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

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    (11:45) Bad therapy...or just social trends?
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    (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

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    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.

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    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/

    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:

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

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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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