Shane Parrish
@ShaneAParrish
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Master the best of what other people have already figured out. NYT Bestseller Clear Thinking (https://t.co/kEDcvTnG4o). Host of TKP (https://t.co/1JMXMHLJFw)
Joined April 2009
Jim Clayton was forced into bankruptcy at 27. The very next day he started from zero building Clayton Homes into a mobile homes juggernaut, eventually selling to Berkshire Hathaway for $1.7 billion. This is his story and the playbook he used to start over and build something
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“Positive action produces positive attitudes, which produce a positive atmosphere.”
Jim Clayton was forced into bankruptcy at 27. The very next day he started from zero building Clayton Homes into a mobile homes juggernaut, eventually selling to Berkshire Hathaway for $1.7 billion. This is his story and the playbook he used to start over and build something
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“There are 3 kinds of people: those who make it happen, those who watch it happen, and occasionally, someone who doesn’t know what happened.”
Jim Clayton was forced into bankruptcy at 27. The very next day he started from zero building Clayton Homes into a mobile homes juggernaut, eventually selling to Berkshire Hathaway for $1.7 billion. This is his story and the playbook he used to start over and build something
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All the time you spend complaining about how unfair things are comes at the expense of moving forward. The lesson: "After the bank auctioned our assets and moved out, all six of us parked our cars at the front of the lot, so the place wouldn't look so empty. Certainly these
Jim Clayton was forced into bankruptcy at 27. The very next day he started from zero building Clayton Homes into a mobile homes juggernaut, eventually selling to Berkshire Hathaway for $1.7 billion. This is his story and the playbook he used to start over and build something
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You can outsource words to AI, but you can't outsource conviction.
20 takeaways from my conversation with @lulumeservey on the most powerful communication strategies from cult leaders, insurgents, and physics: 1. Conviction beats logic. 2. Under attack? Spread the force (pressure equals the force divided by the surface area). Attacking? Focus
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The strong feed during depressions. During the 1970s crash, Clayton Homes watched competitors fire everyone and close locations. Not only did Clayton keep everyone employed, but he went on offense. His motto: “The country is in a recession, and we have elected not to
Jim Clayton was forced into bankruptcy at 27. The very next day he started from zero building Clayton Homes into a mobile homes juggernaut, eventually selling to Berkshire Hathaway for $1.7 billion. This is his story and the playbook he used to start over and build something
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The kind of person Jim was ... "Either of us could've bought big houses and luxury cars, or become jetsetters with frequent jaunts to Europe and Hawaii. But we didn't. Our lifestyles were so modest that I wouldn't even drive a clean car off the lot for the drive home from work.
Jim Clayton was forced into bankruptcy at 27. The very next day he started from zero building Clayton Homes into a mobile homes juggernaut, eventually selling to Berkshire Hathaway for $1.7 billion. This is his story and the playbook he used to start over and build something
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By March 1974, the investors on the board had seen enough. Federal Express needed another $11.5 million, or it would die. But they wanted Fred Smith out. They hired a new CEO with the help of a headhunting firm: General Howell Estes, a retired Air Force general. Smith was to
10 Lessons From Fred Smith, the founder of FedEx 1. Not trying guarantees failure: Fred Smith spent his childhood in leg braces. Doctors said he’d never walk normally. Through thousands of hours of excruciating therapy, he didn’t just walk; he became a varsity athlete. “Fear of
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Listen and learn! Spotify: https://t.co/uAS0Ij4X8X Apple Podcasts: https://t.co/aX1defhPLg Web/Transcript/Lessons/Highlights:
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I'm a co-author and pulling off this project took 6 years and the help of our entire team at FS. Learn more: https://t.co/nJ0LkgVk0B Grab a set:
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The beautiful Box Set is out today! Master the Thinking Tools of History’s Greatest Problem-Solvers
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Spotify: https://t.co/3m2Qcb30Id Apple: https://t.co/ZCjSqZ7bLI YouTube: https://t.co/tWUiFqZ7rk Transcript/Lessons/Etc:
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Lessons from my conversation with Tracy Britt Cool 1. Everything is capital allocation. Your primary job is time allocation. Every decision is a resource allocation. You can ruin a good business with poor allocation. All decisions are investment decisions. 2. Structure creates
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"If I've ever had any kind of secret sauce, it's the ability to hear conflicting creative ideas bombarded around the room and extract something valuable. Recently in a meeting, someone complained that I wasn't being consistent. I replied that I'm never consistent; I'll turn on
30 takeaways from Barry Diller: 1. The clock starts the moment you know. 2. Money is a byproduct, not a motivation. 3. No job is below you. 4. If you want responsibility, take it. 5. Don’t run from confrontation. 6. If you don’t get what you want, be prepared to walk away.
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Tracy's 5M Framework to Evaluate a business
My conversation with Tracy Britt Cool. Warren Buffett called her his "fireman" because of her reputation at Berkshire Hathaway for turning around struggling businesses. In this conversation, you'll learn exactly how she did it, how she evaluates businesses, and the mistake
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“This man was charming, articulate and just winning. You would follow him anywhere as a leader. He would start waving his hands around, and conjure up these images, and your checkbook just bounces in your hand, and you are ready to follow him over the next hill, and wherever. He
10 Lessons From Fred Smith, the founder of FedEx 1. Not trying guarantees failure: Fred Smith spent his childhood in leg braces. Doctors said he’d never walk normally. Through thousands of hours of excruciating therapy, he didn’t just walk; he became a varsity athlete. “Fear of
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The 3 elements of long term thinking
Everyone says 'think long term' what does that mean? (Tracy Britt Cool x The Knowledge Project)
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"By the time I got to Fox at age forty-two, I had learned the hard way that the odds of hiring qualified people based on résumés and brief person-to-person meetings were pretty poor, and the worst way to populate a company. Especially at senior levels, where I would say the odds
30 takeaways from Barry Diller: 1. The clock starts the moment you know. 2. Money is a byproduct, not a motivation. 3. No job is below you. 4. If you want responsibility, take it. 5. Don’t run from confrontation. 6. If you don’t get what you want, be prepared to walk away.
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Structure creates outcomes. Everyone says they think long-term. Few have the structure to support it. Intentions mean nothing without infrastructure.
My conversation with Tracy Britt Cool. Warren Buffett called her his "fireman" because of her reputation at Berkshire Hathaway for turning around struggling businesses. In this conversation, you'll learn exactly how she did it, how she evaluates businesses, and the mistake
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The best business content in the world is no longer produced by companies like Forbes, The New York Times, The Wall Street Journal, Bloomberg, etc. It's produced by the upstarts*. I had never really thought about this until someone came on the podcast last year and told me that
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