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    • Rethinking Happiness: Chasing External Achievements versus Finding Internal FulfillmentTrue happiness lies in prioritizing internal factors that bring genuine fulfillment and contentment, rather than constantly chasing external achievements and material possessions.

      Our misconceptions about happiness lead us to chase external achievements and material possessions to find lasting happiness. We have been conditioned to believe that achieving certain goals or acquiring certain things will bring us eternal happiness. However, studies show that these external factors only provide a temporary boost in happiness, and our minds often overestimate the intensity and duration of this happiness. This bias, known as effective forecasting, sets us up for disappointment as we continually chase after the next promotion, higher salary, or bigger house. Even the incredibly wealthy experience the same mistaken intuitions about money, always thinking that the next level of wealth will finally bring them the happiness they seek. Thus, true and lasting happiness requires us to reevaluate our priorities and focus on internal factors that bring genuine fulfillment and contentment.

    • The Dangers of Comparison and AdaptationComparing ourselves to others and adapting to positive experiences can lead to feelings of inadequacy and prevent us from appreciating the good things in our lives.

      Our brains are wired to compare ourselves to others and constantly seek reference points that make us feel inadequate. We have a tendency to judge our success, wealth, and happiness based on how we measure up to those around us, rather than having an objective framework. This reference group bias can leave us feeling unsatisfied and always striving for more, as we constantly shift our reference points to those who appear more successful or have more than us. Additionally, we have a natural tendency to adapt to the positive things in our lives, taking them for granted and losing the initial excitement and appreciation we once had. These biases, combined with our changing reference points and the phenomenon of hedonic adaptation, can prevent us from fully recognizing and appreciating the good things in our lives.

    • Exploring the Path to True HappinessTrue happiness is found through purpose, meaning, and kindness, not through material possessions or self-indulgence. It requires overcoming cravings and societal influences to find our own paths.

      Happiness requires effort and often goes against our natural instincts and misconceptions. We tend to believe that amplifying our happiness by seeking material possessions or indulging in self-care will bring us joy, but that's not necessarily the case. True happiness comes from finding purpose, meaning, and doing kind things for others. Overcoming our cravings and intuitions that may lead us astray is essential. It's important to understand that happiness is not just about experiencing positive emotions all the time but also allowing ourselves to feel negative emotions when appropriate. Seeking happiness in the wrong ways can make us anxious, selfish, and ultimately lead us away from happiness. Society and media play a role in shaping our beliefs about what brings happiness, but it's essential to question these messages and find our own paths to happiness.

    • The Pitfalls of Pursuing Success and Happiness: Why Material Possessions and Societal Expectations Leave Us Feeling MiserableEducators can address the mental health crisis among students by teaching strategies for well-being and fulfillment, such as positive psychology and behavior change, to navigate the pursuit of happiness while maintaining mental well-being.

      Our natural inclination to strive for success and happiness may not always lead to fulfillment. Our brains are wired by natural selection to focus on survival and reproduction, which means we are constantly seeking resources, accolades, and status. Advertisers take advantage of this by convincing us that acquiring certain products will bring us happiness. However, this constant pursuit of material possessions and societal expectations often leaves us feeling miserable. This is especially evident in the high rates of depression, anxiety, loneliness, and suicidality among college students. As educators, it is vital to address the mental health crisis by equipping students with strategies for well-being and fulfillment. Teaching positive psychology and behavior change can help individuals find better ways to navigate the pursuit of happiness while balancing their mental well-being.

    • The Need for Mental Health Support and Strategies Among College StudentsCollege students are facing high levels of stress and anxiety, exacerbated by the COVID-19 pandemic. They are actively seeking solutions to cope with these challenges, emphasizing the importance of mental health support and strategies.

      College students are experiencing high levels of stress, anxiety, and social disconnection, especially exacerbated by the COVID-19 pandemic. The popularity of Laurie Santos' class on evidence-based strategies for well-being indicates that students are actively seeking solutions to cope with these challenges. The pandemic has disrupted important social and developmental experiences for students, with many missing out on milestone events and limited in-person interactions. However, there were some unexpected positive aspects during the initial phase of returning to campus, as students reported feeling less overwhelmed without the usual demands of extracurricular activities and had a newfound appreciation for in-person social connections due to increased screen time. These insights highlight the pressing need for support and strategies that focus on promoting mental health and well-being among college students.

    • The Importance of Rituals and Social Connections in Our Well-BeingIncorporating rituals and maintaining social connections can improve our overall well-being by providing structure, reducing anxiety, and increasing happiness.

      Rituals and routines play an essential role in our happiness and well-being. They help our minds compartmentalize different aspects of our lives, allowing us to maintain a sense of balance and identity. The pandemic has disrupted these rituals and routines, blurring the boundaries between our personal and professional lives. This has led to cognitive overwhelm and a loss of connection with others. Rituals not only provide us with a sense of structure but also facilitate social connections and reduce anxiety. Whether it's a simple commute to work or a team coffee break, these rituals can help us feel more bonded with the people around us. Prioritizing social interactions, even with strangers, has been shown to increase happiness. Therefore, it is important to incorporate rituals and maintain social connections to improve our overall well-being.

    • The role of religious behaviors in enhancing happiness and the importance of supportive environments in religious institutions.Engaging in behaviors that foster social connections, kindness, and mindfulness can profoundly impact one's well-being, whether through religious institutions or similar groups.

      Religious behaviors, such as attending church, doing acts of kindness, and being present in prayer or meditation, play a significant role in enhancing happiness. These behaviors are found to mediate the correlation between religion and happiness, indicating that religious beliefs alone do not have the same effect. The power of religious institutions lies in their ability to create a supportive environment that encourages these behaviors and provides a sense of identity and tradition. However, it is important to note that the benefits of happiness can also be achieved through other institutions or groups that promote similar behaviors and a sense of shared identity. Ultimately, engaging in behaviors that foster social connections, kindness, and mindfulness can have a profound impact on one's well-being.

    • The Negative Effects of Social Media on Well-beingWe must be mindful of how we use social media to protect our mental health and prioritize genuine connections over comparison and digital distractions.

      Social media, although a tool that has the potential to promote happiness and positive experiences, often leads to negative effects on our well-being. It has become a means to reduce social connection in real life and intensify social comparison, which can make us feel unhappy or inadequate. Furthermore, social media disrupts our ability to be present and attentive to the world around us, affecting our sleep and overall well-being. Despite being willing participants in using social media, we must recognize the negative impact it can have and consider implementing guardrails to strike a balance and protect our mental health. It is crucial to use these technological tools in ways that promote happiness and foster genuine social connections.

    • Rethinking our Relationship with Phones: Taking a Mindful ApproachReflecting on our phone usage, being intentional about where our attention goes and practicing attentional hygiene can improve our well-being and enhance our connections with others.

      We need to reconsider our relationship with our phones and be mindful of our attention. Laurie Santos suggests that instead of completely breaking up with our phones, we should 'take them to couples counseling' and renegotiate the way we use them. She introduces the WWW acronym (what for, why now, what else) to help us pause and reflect on our phone usage. By asking ourselves these questions, we can become more aware of our behaviors and the impact they have on our connections with others and our overall well-being. Additionally, Shane Parrish raises the question of how our happiness is influenced by where we place our attention. Laurie Santos emphasizes the importance of attentional hygiene and being intentional about where our attention goes. Being present and mindful in our interactions and activities is key to finding happiness and improving our well-being.

    • Measuring Happiness: The Power of Self-Reports and Subjective Well-BeingSubjective measures of happiness, such as self-report scales, provide valuable insights into individuals' happiness levels and should be prioritized for interventions aimed at maximizing well-being. Practices like social connection and mindfulness benefit both current and future happiness.

      Measuring happiness is subjective, but self-report scales can be reliable scientific instruments. Asking individuals about their satisfaction with life and their experiences of positive emotions can provide meaningful insights into their happiness levels. While it may seem less objective, these self-reports align with other indicators such as hormonal analysis and interviews with friends and family. In order to maximize happiness, interventions should focus on improving individuals' subjective well-being rather than solely relying on physiological changes. Additionally, there is often a misconception that present happiness and future happiness are in conflict, leading to a trade-off. However, practices like social connection and being present can benefit both current and future happiness. Cultural differences may exist, but many evidence-based approaches to happiness can be applicable across different cultures.

    • Universal Practices for HappinessSocial interaction and kindness are essential for happiness, and cross-cultural studies support this. Even young children benefit from prosocial behaviors, but loneliness is increasing among older individuals and college students due to technology.

      Certain practices for happiness, such as being social, being nice to others, being present, and engaging in non-judgmental interactions, are likely to be universal across cultures and ages. While most of the studies in psychology have been conducted on Western populations, there is surprising consistency in the findings when cross-cultural studies are done. Additionally, research shows that even young children experience greater happiness when they engage in prosocial behaviors. However, there is a shift in historic patterns of happiness, with loneliness increasing among older individuals and college students. This change could be attributed to various factors, including the impact of technology on social connections.

    • The Impact of Phones and Technology on Social ConnectionsPrioritizing genuine social connections and acts of kindness, while minimizing distractions from phones and technology, can greatly increase our long-term happiness and overall well-being.

      Our obsession with phones and technology often hinders our ability to engage in real-life social connections. Laurie Santos admits that she has missed out on opportunities for social connection because she was distracted by her phone. Even basic social interactions, like smiling at others, decrease when our phones are nearby. Our brains recognize that our phones hold a plethora of rewarding content, which can be more alluring than in-person interactions. However, research shows that genuine social connections and acts of kindness have a tremendous impact on our long-term happiness. Empirical psychology has confirmed that increasing social connections, performing acts of kindness, and prioritizing healthier habits significantly improve our overall sense of well-being. Taking time for gratitude can have a profound effect on our happiness levels.

    • Harnessing the Power of Gratitude for Well-beingBy shifting our focus and expressing gratitude, we can improve our well-being and reset our reference points to appreciate the positive aspects of life.

      Changing our mindset and focusing on gratitude can significantly improve our well-being. Simply writing down three to five things we are grateful for can have a lasting positive impact. Expressing gratitude to others, such as through thank you notes, can also enhance our well-being. By changing our frame and where we place our attention, we can gain perspective and see things in a broader light. We have the power to reset our reference points and appreciate the good things in our lives. Negative visualization, an ancient technique used by stoics, can help us reset our reference points and stop hedonic adaptation. Additionally, we can influence the happiness set point of our children through our own modeling of behavior.

    • The Role of Genetics and Environment in HappinessWhile genetics play a part in happiness, environmental and epigenetic factors also significantly impact our wellbeing. As parents, it is important to teach children skills for fostering happiness and strike a balance between support and allowing them to learn from challenges.

      While genetics may play a role in happiness, it is not the sole determining factor. The heritability of happiness is estimated to be around 30-40%, which means that there is a lot of room for environmental and epigenetic effects to influence our happiness. As parents, it is important to focus not just on academic success, but also on teaching our children skills for boosting happiness over time. However, well-intentioned parenting techniques that involve constantly solving problems for our children can lead to negative outcomes. When parents take over and provide the answers, children may develop beliefs that they lack the ability to solve problems themselves, leading to frustration and giving up more easily. It is crucial to strike a balance between support and allowing children to navigate challenges and learn from failures.

    • The negative effects of overprotective parentingParents should let their children face challenges and failures on their own, as it helps them develop resilience and self-confidence, while also being mindful of their own emotions and well-being.

      Parents who try to fix everything for their children out of anxiety or with good intentions may actually hinder their children's growth and contribute to their anxiety. By not allowing children to handle conflicts or failures on their own, parents are preventing them from developing resilience and self-confidence. This can lead to increased anxiety and difficulties in adulthood. Additionally, parents need to be aware that their own emotions can be contagious to their children. If parents are constantly anxious or stressed, their children are likely to adopt these emotions as well. Therefore, it is important for parents to prioritize their own well-being and emotional balance in order to create a positive and healthy emotional environment for their children.

    • Taking Control of Our Emotions Through MindfulnessBy practicing mindfulness and being present in the moment, we can become aware of our emotions and choose how to respond to situations, preventing negative emotions from affecting our behavior and relationships.

      We have the power to control our reactions and emotions. While we may not have control over the situations that trigger our emotions, we can choose how we respond to them. By practicing mindfulness and being present in the moment, we can become aware of our emotions and the physical sensations they bring. This awareness allows us to pause and assess our reactions before acting on them. Taking control of our emotions is essential in preventing negative emotions from affecting our behavior and relationships. We are responsible for the second arrow, which represents our reaction to situations, and we can use strategies like mindfulness to regulate these secondary emotions and avoid making the situation worse.

    • The importance of setting boundaries for well-being and preventing burnout.By being mindful of our own needs and setting boundaries, we can avoid burnout and maintain our happiness.

      Setting boundaries is crucial for our well-being and can help prevent burnout. Boundaries serve as control mechanisms that allow us to regulate our emotions and limit our exposure to situations that may negatively impact us. By mindfully paying attention to what is truly beneficial for us and making informed decisions about our well-being, we can avoid burnout. Burnout typically manifests as emotional exhaustion, a feeling of personal diveness where our actions feel meaningless, and depersonalization, which includes cynicism and a lack of compassion. Recognizing the signs of burnout and taking measures to establish boundaries can help us maintain our happiness and prevent the negative consequences of unchecked emotional strain.

    • Recognizing and Addressing Burnout: A Step-by-Step ApproachExperiencing burnout is a sign to make changes in your life. Take action by resting, reevaluating work-life balance, engaging with others, and finding fulfilling activities to combat burnout and find happiness.

      Experiencing symptoms of burnout is a sign that you need to make changes in your life. It's not because you don't care about your work or because it's boring, but often because you've become too invested in it and it has become your sole identity. These symptoms serve as your emotional warning signs for burnout. Ignoring them can lead to a complete depletion of energy and a catastrophic breakdown. Taking action is crucial, and it can involve different approaches such as taking real rest, renegotiating your relationship with work, or even reevaluating societal attitudes towards work. Seeking solitude may seem appealing, but it's important to remember that engaging with others can help refill your happiness tanks. Additionally, finding activities that challenge and engage you in a state of flow can help combat feelings of languishing and apathy.

    • Finding Flow and Fulfillment through Engaging Leisure ActivitiesEngaging in challenging and attention-demanding leisure activities, incorporating social elements and a playful attitude, can promote a sense of flow and fulfillment, contributing to overall well-being and happiness. Additionally, in relationships, showing genuine interest and paying attention to bids for connection can improve relationship quality.

      Engaging leisure activities can provide psychological benefits and promote a state of flow. When we choose leisure activities that challenge us and require our attention, such as cooking or paddleboarding, we are more likely to experience a sense of flow and fulfillment. Moreover, incorporating social elements and a playful attitude into our leisure activities can enhance the enjoyment and fun factor. However, during burnout, it becomes harder to prioritize these aspects due to emotional exhaustion and personal ineffectiveness. It's important to remember that leisure activities can also contribute to our overall well-being and happiness. Additionally, in relationships, paying attention to our partner's bids for connection and showing genuine interest can significantly improve the quality of the relationship.

    • Importance of Attention and Presence in RelationshipsPrioritizing relationships, giving attention, and being present in the moment are essential for happiness and fulfillment in a fast-paced world.

      Giving attention and being present in our relationships is crucial for happiness. Responding positively to bids for attention from our partners plays a significant role in predicting the success of a relationship. However, in today's fast-paced world filled with technological distractions and busy schedules, finding time for our loved ones can be challenging. It is important to recognize the value of free time and cultivate a subjective sense of time affluence, rather than feeling time famine. Investing in time-saving purchases or reframing current purchases as time-saving can contribute to our overall happiness by allowing us to create more space for social connections and meaningful moments with our partners. Taking time to prioritize our relationships and being fully present fosters happiness and fulfillment.

    • The perception of time and its impact on happiness and well-beingBalancing time and prioritizing well-being is essential for happiness, as the scarcity of time can have a greater negative impact than the scarcity of money.

      Our perception of time and the value we assign to it greatly affects our happiness and well-being. While it is commonly believed that the rich invest in time and the poor invest in money, the reality is often more complex. The idea of time being money can lead to a constant need to work and earn more, even for those who have reached a certain level of wealth. Poverty is not just a lack of money, but also a lack of time. Time famine, or the scarcity of time, can have a greater negative impact on well-being than the scarcity of money. Additionally, we often overlook the importance of taking care of our bodies and prioritizing healthy habits, especially when we are busy or feeling time-starved. Ultimately, it is crucial to recognize the importance of balancing our time, prioritizing our well-being, and challenging societal pressures to constantly prioritize money over time and self-care.

    • Prioritizing Exercise, Sleep, and Self-Care for Mental Health and HappinessBy prioritizing exercise, sleep, and self-care, individuals can improve their mental health and overall happiness, even during challenging times.

      Prioritizing exercise and sleep is crucial for improving mental health and overall happiness. Laurie Santos highlights the power of anxiety and how it can negatively impact our well-being, emphasizing the importance of taking care of our bodies. She also acknowledges the role that personal experiences played in her understanding of these concepts, particularly as she observed her students' struggles and identified similar patterns in her own life. By implementing the techniques she teaches despite initial resistance, she found that her well-being increased significantly. These approaches may not guarantee a perfect life, but they provide a competitive edge during challenging times. Ultimately, prioritizing self-care and adopting these techniques can help individuals lead happier and more fulfilled lives.

    Recent Episodes from The Knowledge Project with Shane Parrish

    #199 Esther Perel: Cultivating Desire (2019)

    #199 Esther Perel: Cultivating Desire (2019)

    Few episodes in The Knowledge Project’s nine-year history have impacted people’s relationships and lives more than when Esther Perel shared her infinite wisdom for the first time in 2019.

    Shane and Esther discuss how the stories you tell yourself shape how you see the world (and what to do about that), the important conversations to have at the beginning of a relationship, the most common arguments couples have and how to prevent them, what to say to a partner if the relationship isn’t working out, the relationship between desire, love, and pleasure, and so much more. Plus, the conversation starts out on an interesting note: Esther Perel shares stories about her parents surviving the Holocaust and how their experiences shaped her childhood and continue to shape her life today.


    (00:00) Intro
    (02:38) Coming back to life after the war
    (08:09) The myth of stability
    (11:30) The power of reflections
    (19:48) Important conversations for early relationships
    (24:20) Can values change in relationships?
    (27:20) Being secure in a relationship
    (30:40) Better conversations with your partner
    (33:00) What's behind every criticism
    (36:52) Too much honesty
    (39:37) What happens if I don't love my partner
    (47:12) Why does good sex fade in relationships?
    (50:59) Love vs. desire
    (55:38) How to have difficult conversations with your partner
    (01:05:13) Conscious uncoupling


    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/

    #198 Maya Shankar: The Science of Identity

    #198 Maya Shankar: The Science of Identity

    Shane Parrish and Maya Shankar dive into the complexities of identity and personal transformation. They explore how significant life changes can reshape one's sense of self and explain how to navigate these transitions. Maya shares her personal stories and tips on making proactive choices and keeping a flexible, layered sense of self. They also discuss the psychological and philosophical aspects of identity, offering practical advice on goal-setting and personal growth.
    Maya Shankar is a cognitive scientist and the creator, executive producer, and host of the podcast, A Slight Change of Plans. Shankar was a Senior Advisor in the Obama White House, where she founded and served as Chair of the White House Behavioral Science Team. She holds a Ph.D. in Cognitive Psychology from Oxford and a B.A from Yale.

    (00:00) Intro

    (02:40) Shankar's "almost unbelievable" story of getting into Julliard

    (05:30) Why Shankar studied identity

    (11:38) What is identity?

    (14:52) Using your identity to accomplish your goals

    (18:00) Using anti-identities to accomplish your goals

    (18:51) What to do when your identity is "attacked"

    (26:30) How to re-establish trust in institutions

    (32:30) Use identity to start a positive habit

    (35:35) How to debunk myths with stories and facts

    (37:18) How does how we frame our goals help (or prevent) us from accomplishing them

    (43:11) The one motivational technique Shankar uses every day

    (45:15) 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/

    #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

    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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    #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

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

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    To connect with Wendy about her coaching and programming, visit: https://www.wendymccallum.com/

    To contact Sarah Baillie about coaching, email her at: sarahbailliecoaching@gmail.com

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