#88 Derek Sivers: Innovation Versus Imitation

The Knowledge Project with Shane Parrish

Farnam Street

Business, Investing, Entrepreneurship

4.7 • 2.9K Ratings

🗓️ 21 July 2020

⏱️ 105 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Musician, speaker, writer and entrepreneur, Derek Sivers chats about creating and running CD Baby, reading, mental models, living a meaningful life and that biggest mistake he’s ever made.

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Transcript

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0:00.0	I stopped going to the office, I started shutting off my phone until I realized that I was running from my problems instead of solving them.
0:08.5	And I realized this was kind of a do-or-die moment. Like, I need to fix this, or I'm toast.
0:30.5	Hello and welcome. I'm Shane Parrish and you're listening to the Knowledge Project.
0:34.5	This podcast and our website, FS.Blog, help you sharpen your mind by mastering the best what other people have already figured out.
0:42.0	If you enjoyed this podcast, we've created a premium version that brings you even more.
0:46.5	You'll get ad-free versions of the show, like you won't hear this, early access to episodes, transcripts, and so much more.
0:53.5	If you want to learn more now, head on over to FS.Blog slash podcast, or check out the show notes for a link.
1:00.0	Today I'm talking with Derek Sivers. Derek is my brother from another mother.
1:04.5	Derek started off as a musician and circus clown, created CD Baby, which went on to become the largest online seller of independent music.
1:12.5	Derek is the philosopher king, and so thoughtful, but it is a purchase to everything as you're gonna see when you listen to this conversation.
1:19.5	In this episode, we're gonna talk about the benefits to being naive, to the ways of the world,
1:24.5	how to decide what to work on, and who to spend your life with,
1:28.5	delegation, the value of execution over ideas, reading mental models,
1:34.5	Charlie Munger, making decisions, living a meaningful life, and the biggest mistake he's ever made.
1:39.5	I hope you enjoy this conversation as much as I did.
1:42.5	It's time to listen and learn.
1:45.5	The Knowledge Project is sponsored by Metalab.
1:52.5	For a decade, Metalab has helped some of the world's top companies and entrepreneurs build products that millions of people use every day.
1:59.5	You probably didn't realize it at the time, but odds are you've used an app that they've helped design or build.
2:04.5	Apps like Slack, Coinbase, Facebook Messenger, Oculus, Lonely Planet, and many more.
2:10.5	Metalab wants to bring their unique design philosophy to your project.
2:13.5	Let them take your brainstorm and turn it into the next billion dollar app from ideas sketched on the back of an Appkin to a final ship product.
	...

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