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Episode 036 - No Painless Pathways
Manage episode 358539974 series 3410872
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In this episode of the Business Broken to Smokin’ Podcast:
Lodestone True North’s Head Coach Mark Whitmore and his right hand man Shane Kardos discuss a bit of the book “Principles for Navigating Big Debt Crises by Ray Dalio.
0:00 Intro
1:27 Book reference - Principles for Navigating Big Debt Crises by Ray Dalio
4:08 Book reference - Principles by Ray Dalio
You have to identify a guiding principle for what you are doing…
5:04 “Pain + Reflection = Progress”
10:49 “Consensus is typically believed to be a good rough picture of what’s to come, even though history has shown that the future is likely to turn out differently than what’s expected. In other words, humans by nature, like most species, tend to move in crowds and weigh recent experience far more heavily than what is appropriate.” ~Ray Dalio
11:52 Definitions of consensus:
- Majority of opinion
- General agreement, or concord, or harmony
18:41 The “Strong Hand” tool (hurdles)
- Epiphany
- Context: Put that epiphany in some sort of context
- Framework (or Format): You need an execution framework or format to drop this idea into
- Execute: on the idea. This is where grit comes in…
- Review
PART 2
21:19 The “Strong Hand” Tool (continued)
24:35 Book Reference - Grit by Angela Duckworth
26:00 Reading from he book The Daily Stoic by Ryan Holiday, Quote: Epictedus on page 79
29:00 Shoutout to Dr. Jim Powell of Powell Chiropractic https://www.powellchiropractic.com/
32:18 Reference to Scrivener https://www.literatureandlatte.com/
38:30 Pinnacle framework
38:45 Rocks - Stephen Covey
**Credits**
Music - Hursts so good by John Mellencamp
The following music was used for this media project:
Music: Local Forecast - Slower by Kevin MacLeod
Free download: https://filmmusic.io/song/3988-local-forecast-slower
License (CC BY 4.0): https://filmmusic.io/standard-license
Website: https://www.lodestonetruenorth.com
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LinkedIn Mark: https://www.linkedin.com/in/mark-whitmore-lodestone/
LinkedIn Lodestone: https://www.linkedin.com/company/lodestone-true-north
Lodestone Online Courses: https://lodestone.thinkific.com
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