Shane Parrish

Shane Parrish

Founder Farnam Street. Reader & writer. Student & teacher. Leader and follower.

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#psychology of being an entrepreneur

It is one thing to study entrepreneurship and another to be an entrepreneur.

#entrepreneurship

It’s one thing to study entrepreneurship, and another to live the entrepreneurs life.

#planning

Evolution isn’t about perfection ... it’s about being good enough to survive ... adapting to dynamic environments without plans.

#giving up

Giving up an incorrect idea is harder than finding a new one.

#observation

Just because we see does not mean we observe.

#deep work

Not only are you highly susceptible to the emotions of the people around us, but we also unconsciously adjust our work ethic to theirs.

#purpose

Amateurs are never happy because they think happiness comes from money. Professionals know happiness is a by-product of meaning.

#diversification

Going against the consensus opinion is easy. Going against the consensus and being correct is hard. Outperformance requires advantageous divergence. “Avoid the crowd. Do your own thinking independently. Be the chess player, not the chess piece.” ― Ralph Charell

#originality

Originality often comes from obfuscating your sources.

#founding team

It is one thing to study entrepreneurship and another to be an entrepreneur.

#grit

We are evolutionary programmed to want the the same things. What sets us apart is the resources at our disposal and how we choose to pursue them.

#pricing

You can buy a lot of things but freedom isn’t one of them.

#pain

There is no learning without pain.

#finding ease

Look for things that are hard now, easy later.

#uncertainty

Opinion: Uncertainty about whether you are right. And if you are right, not being sure why. Knowledge: Knowing you have the truth and why it’s true.