The Knowledge Project with Shane Parrish
Description
From a single storefront to a $200M enterprise, David Segal reveals the sophisticated frameworks behind building a category-defining business.
Learn the counterintuitive principles that separate exceptional operators from average founders, including the hidden challenges of success and the strategic tension between working in versus on your business.
A look into the mind of a builder who has mastered both the science of operations and the art of scale. And watch in real-time as he does it again with Firebelly Tea.
TKP listeners can receive a special 15 percent discount on Firebelly Tea products by visiting www.firebellytea.com and entering the code Shane15 at checkout.
Newsletter - I share timeless insights and ideas you can use at work and home. Join over 700k 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/
(00:00) Intro
(04:59) What entrepreneurship 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