Chapter

The Danger of Believing in Your Own Bullshit
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47:46 - 53:30 (05:44)

Author Paulo Coelho talks about the danger of getting lost in your own success and believing in your own bullshit. He also shares how coming across an insight which was already yours can change your life.

Clips
The most common mistake when scaling smaller companies is focusing excessively on bureaucracy and systems instead of product development.
47:46 - 48:43 (00:56)
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Small business
Summary

The most common mistake when scaling smaller companies is focusing excessively on bureaucracy and systems instead of product development. Other mistakes include rationalizing decisions and underestimating competition.

Chapter
The Danger of Believing in Your Own Bullshit
Episode
#229: Ricardo Semler -- The Seven-Day Weekend and How to Break the Rules
Podcast
The Tim Ferriss Show
Testing impartially whether what you're doing is worth it or not is a difficult process to differentiate between perseverance and self-trickery, and it's disheartening because very few things are feasible.
48:43 - 50:15 (01:32)
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Perseverance
Summary

Testing impartially whether what you're doing is worth it or not is a difficult process to differentiate between perseverance and self-trickery, and it's disheartening because very few things are feasible.

Chapter
The Danger of Believing in Your Own Bullshit
Episode
#229: Ricardo Semler -- The Seven-Day Weekend and How to Break the Rules
Podcast
The Tim Ferriss Show
The author shares his experience of publishing a book that became a best-seller in Brazil, and how it impacted his personal and professional life as people expected him to run for mayor or president, becoming Brazil's Trump.
50:15 - 52:29 (02:14)
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Insight
Summary

The author shares his experience of publishing a book that became a best-seller in Brazil, and how it impacted his personal and professional life as people expected him to run for mayor or president, becoming Brazil's Trump. Despite that, he highlights the significance of having one's own insights clarified through reading and how it can change lives and businesses.

Chapter
The Danger of Believing in Your Own Bullshit
Episode
#229: Ricardo Semler -- The Seven-Day Weekend and How to Break the Rules
Podcast
The Tim Ferriss Show
The speaker reflects on the importance of intuition and cautions about putting too much weight on insights gained from books or courses.
52:29 - 53:30 (01:01)
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Intuition, Business Reading, MBA
Summary

The speaker reflects on the importance of intuition and cautions about putting too much weight on insights gained from books or courses. He also talks about his experience teaching at MIT and the business reading list he shared with his MBA students.

Chapter
The Danger of Believing in Your Own Bullshit
Episode
#229: Ricardo Semler -- The Seven-Day Weekend and How to Break the Rules
Podcast
The Tim Ferriss Show