Category: The Knowledge Project

Susan Cain: Leading the “Quiet Revolution”

For decades, introversion was looked at as something to overcome, almost like an illness. The way to win in life was through charisma, outspokenness, and self-promotion.

Even now, in an increasingly noisy world, introverts may feel added pressure to take one of two paths: force themselves into more extroverted behavior, or become even more reserved and shrink back to themselves.

My guest Susan Cain says both paths are wrong and in fact, rob the world of the unique contributions introverts make when they choose to be true to themselves.

Susan knows what she’s talking about. A self-proclaimed introvert, she wrote the New York Times bestselling book, Quiet: the Power of Introverts in a World that Can't Stop Talking and delivered one of the most popular TED talks ever delivered, with nearly 18 million views to date.

Whether you consider yourself an extrovert, an introvert, or an ambivert (those lucky bastards in the middle) you’ll find a ton of value in this interview.

We cover a lot of ground, including:

  • How to find your “sweet spot” no matter what your stimulation preferences are
  • How to tap into your deepest wells of thought and creativity
  • What “free trait theory” is, and how it can help you accomplish the most important goals in your life
  • The truth about collaboration and it’s effects on the creative process
  • How she and her extrovert husband manage important differences in their life (like stereo volume)
  • How not being honest with your own narrative slows personal growth and development
  • The key to living a meaningful life that energizes and sustains you

And much, much more.

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Transcript

A full transcript is available to members of our learning community or for purchase separately.

Learn More About Susan

You can learn more about Susan on Twitter or by visiting her website.

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Life Lessons from a Self-Made Billionaire: My Conversation with Ray Dalio

Are you in love with your own ideas regardless of how good they are?
Would you like to make better decisions and fewer mistakes?
Would you like to improve the most important relationships in your life?

These are just some of the topics I discuss with my guest, Ray Dalio.

Ray Dalio is the founder of the world’s largest hedge fund, Bridgewater Associates, and is the author of the new book Principles: Life and Work. He is also a leading figure in the world of philanthropy, is an avid supporter of transcendental meditation, and has appeared on Time magazine’s list of the 100 most influential people in the world. His recent TED Talk on the topic of an idea meritocracy has already been viewed over a million times.

Ray gave me over an hour and a half of his time, and I didn’t waste a minute of it. We cover a lot of ground, including:

  • How most people are caught up in the “blizzard” of noise and information, and how Ray learned to operate above it
  • How predicting a financial collapse just before one of the most prosperous eras in US history almost ruined him — and why he’s grateful he was wrong
  • Ray’s meditation practices and a simple exercise you can use to foster more creativity, be more insightful, and eliminate stress
  • The one question Ray started asking himself that instantly improved how he made important decisions
  • Why the best decision isn’t always the one you have in your head — and how to know when to sacrifice your favorite ideas in exchange for the best ideas
  • The “two yous” that wrestle inside everybody, and how to help them get along
  • Why “tough love” is the greatest gift you can give somebody
  • The most common mistake we make every day that can bring our progress to a screeching halt
  • The five-step process Ray uses after a mistake has been made to make sure learning and growth occur

And much, much more.

Look, when you get the chance to ask one of the world’s most successful people how they did it, you should probably listen to what they have to say. I guarantee this will be time well spent.

Enjoy!

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Transcript

A full transcript is available to members of our learning community or for purchase separately.

Show Notes

Ray tells the story of punching his boss in his face. [00:02:34]
What a typical day is like for the manager of the world's largest hedge fund [00:04:00]
Shane asks Ray how he filters what's valuable and what's noise when so many people throw information at him [00:05:25]
How Ray came to Transcendental Meditation [00:06:24]
The basics of Transcendental Meditation [00:07:05]
Ray's biggest influences in the 1960s,1970s, and 1980s [00:10:01]
Reading versus experiences [00:11:39]
How did Bridgewater almost go bankrupt? [00:12:04]
One of the most valuable experiences of his life [00:14:40]
The value of thoughtful disagreement and radical open-mindedness [00:15:40]
Learning to look at history for knowledge [00:16:41]
How to use a decision journal [00:18:14]
How long did it take you to figure out the value of stress-testing ideas? [00:20:15]
Idea-meritocratic decision-making is the best decision-making [00:21:36]
There are two things you need to do to be successful [00:21:55]
Thoughtful disagreement is not an easy thing for people [00:22:22]
What is an idea meritocracy? [00:22:43]
The difference between an autocratic decision maker and a democratic decision maker [00:23:50]
What is believability? [00:25:13]
How do people transition into an idea meritocracy? [00:26:44]
The equal values of meaningful work and meaningful relationships [00:29:16]
How can you tell that someone will respond well to an idea meritocracy? [00:30:19]
Understanding whether you're a teacher, student, or peer [00:32:27]
What advice would you have for somebody who doesn't work in an idea meritocracy but wants to improve? [00:33:49]
Are people more successful at Bridgewater with some experience or straight out of school? [00:35:42]
Which one of the principles of an idea meritocracy is most often misunderstood? [00:36:45]
Why is “tough love” one of the best gifts you can give somebody? [00:38:12]
Has your implementation of the principles of idea meritocracy changed over the years? [00:39:44]
What technology tools do you use to aid in decision-making or giving feedback? [00:40:32]
“Pain + reflection = progress” [00:42:04]
Can you define a culture of radical transparency? [00:45:06]
Radical transparency isn't for everybody [00:46:27]
Due to technology, radical transparency is happening anyway [00:47:40]
When radical transparency goes wrong, how does it go wrong? [00:48:49]
The importance of environment [00:49:17]
“There's no disagreement about strengths…” [00:52:03]
How do you foster open-mindedness in yourself or in others? [00:52:33]
Are social gatherings similar to work gatherings? [00:54:05]
The two things that Ray requires in a relationship [00:55:36]
Do other organizations like Bridgewater? [00:56:17]
Is leadership innate or can it be learned? [00:57:43]
The leadership program at Bridgewater [00:59:55]
Who are the masterminds behind the development program at Bridgewater? [01:01:05]
“2017 is going from the second stage of my life to my third stage…” [01:02:55]
The three life stages [01:03:14]
Does Ron worry about the next generation of leadership at Bridgewater? [01:04:43]
How do the principles at Bridgewater extend to philanthropy? [01:06:13]
In what ways will the future be the same as today? [01:09:13]
First-order versus second-order consequences [01:12:11]
With the growth of algorithmic thinking, who is at risk of losing their job? [01:14:08]
Machine-created art versus human-created art: does it matter? [01:15:10]
What's the most common mistake that successful people make? [01:15:53]
Why are many successful people unhappy? [01:16:31]
The connection between community and happiness [01:18:12]
How would a Universal Basic Income interact with a person's need for purpose? [01:19:37]
Ray's wife's experiences with low-income schools and disengaged students [01:20:58]
What is the overarching decision-making process at Bridgewater? [01:23:28]
“Rather than thinking about what our decision is, we spent more time thinking about what our criteria for making our decision are.” [01:23:54]
Ray's five steps to success [01:25:58]
Is the reflection process the most important? [01:27:41]
What advice would you give to a class of high school students? [01:28:33]

People, Events, and Books

Ray’s TED Talk
Bridgewater Associates
President John F. Kennedy
Steve Jobs
Dr. Martin Luther King, Jr.
Mexican Debt Crisis
Vince Lombardi
Adam Grant and his book Originals
Robert Keegan and his book, An Everyone Culture: Becoming a Deliberately Developmental Organization
Warren Buffett

Learn More About Ray

You can learn more about Ray on Twitter and Facebook or by visiting his website, www.principles.com.

Comment on Facebook | Discuss on Twitter

Givers, Takers, and the Resilient Mind. My Conversation with Adam Grant

Adam Grant

Are you a giver or a taker?
Have you ever struggled to find work/life balance?
How do you build resilience in yourself, your team, or your children?

I tackle these topics and many more in this interview with my special guest, Adam Grant.

If you know who Adam is, I don’t need to say anymore to convince you to listen. In fact, you’ve probably already stopped reading so you could get to the podcast right away. That’s what I would have done, anyways.

If you aren’t familiar with Adam yet, let me introduce you:

He simply describes himself as a professor, author, and speaker.

Sure, Adam is all those things, but allow me to expand a bit on his humble description:

  • He’s a professor…at Wharton…who has been awarded top professor for six straight years.
  • He’s an author…who’s written three books — and all three have been New York Times bestsellers, selling over a million copies and translated into 35 languages.
  • And he’s a speaker…whose last two TED talks have been viewed over ten million times.

On top of all of that, he carves out time to be a dedicated husband and father.

In short, he’s a helluva guy. And if you are an employee, an entrepreneur, a manager, (or quite frankly, someone who interacts with human beings in any way), then Adam has some incredibly valuable insights to share.

In this interview, we cover a lot, including:

  • How to tell if you are a giver or a taker (Spoiler: if you just told yourself you’re a giver, you might be in for a rude awakening)
  • How Adam filters down hundreds of ideas and opportunities to the select few he focuses on
  • How to tell if your business idea is a winner or a huge waste of time
  • Why “quick to start and slow to finish” is great advice for budding entrepreneurs
  • How to nurture creativity and resilience in your children (or team culture)
  • How to create positive competitive environments that bring out the best in people
  • Adam’s two core family values and how he instills them in his children
  • “Mental time travel” and how it can make you resilient to any challenge or obstacle
  • Why “how can I be more productive” is the wrong question to ask (and what to ask instead)
  • How Adam and I each address the topic of work/life balance

And so much more.

There’s so much great stuff packed in this episode, you won’t want to miss it.

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Transcript

A lot of people like to take notes while listening. A lightly edited transcript of this conversation is available to members of our learning community or you can purchase one separately.

Ed Latimore on The Secret to a Happy Life

Ed Latimore (@EdLatimore) might be the most interesting person you'll ever meet.

Ed is a professional heavyweight boxer, physics major, and philosopher. He's the author of the cult-hit Not Caring What Other People Think Is A Superpower.

This interview looks at the physics of boxing, the value of a coach, and a lot of philosophy. AFter listening to Ed, you won't see life the same way again.

This interview was recorded live in Pittsburgh, Pennsylvania.

Enjoy this amazing conversation.

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Transcript
A lot of people like to take notes while listening. A transcription of this conversation is available to members of our learning community or you can purchase one separately.

Marc Garneau on The Future of Transportation

Marc Garneau (@MarcGarneau) is a Canadian politician, Engineer, and the Minister of Transport.

This episode of The Knowledge Project was recorded in front of a live audience in Montreal, Canada at a Junto event. You'll hear bits of French from the audience questions here and there at the end but the interview and Marc's responses are predominately in English.

In this interview, we discuss the future of transportation (including self-driving cars and their second order effects including how this changes how governments invest in infrastructure and what happens with all the truck and taxi drivers), space, what it means to be a liberal in 2017, how we—as citizens—can judge an elected politician, how he ensures he's getting accurate information in a political system and so much more.

Enjoy the conversation.

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Rory Sutherland on The Psychology of Advertising, Complex Evolved Systems, Reading, Decision Making

“There is a huge danger in looking at life as an optimization problem.”

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Rory Sutherland (@rorysutherland) is the Vice Chairman of Ogilvy & Mather Group, which is one of the largest advertising companies in the world.

Rory started the behavioral insights team and spends his days applying behavioral economics and evolutionary psychology to solve problems that conventionally advertising agencies haven't been able to solve.

In this wide-ranging interview we talk about: how advertising agencies are solving airport security problems, what Silicon Valley misses, how to mess with self-driving cars, reading habits, decision making, the intersection of advertising and psychology, and so much more.

This interview was recorded live in London, England.

Enjoy this amazing conversation.

“The problem with economics is not only that it is wrong but that it's incredibly creatively limiting.”

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Transcript
A lot of people like to take notes while listening. A transcription of this conversation is available to members of our learning community or you can purchase one separately.

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If you liked this, check out all the episodes of the knowledge project.