Three Shifts Framework

A simple but powerful framework for making meaningful life changes by focusing on 3 key shifts and consistently reinforcing them through weekly review and aligned actions.

Core Components

  • Write down 3 big shifts/changes wanted for the year
  • Focus only on areas that need improvement, not what's already working well
  • Review and rewrite these shifts weekly in a dedicated space (e.g. Slack)
  • Connect daily actions explicitly to these shifts
  • Avoid activities not aligned with the shifts (with rare exceptions)

Decision Making Process

  • When faced with opportunities or decisions:
    • Check if action aligns with one of the 3 shifts
    • If it doesn't align, generally don't do it
    • Make very rare exceptions only when truly warranted

Reaction vs Response Framework

  • Reaction: Making decisions in the moment based on emotions (usually fear or greed)
  • Response: Making decisions after:
    • Letting emotions cool off
    • Using logical rationale that can be written down
    • Considering and writing down counterarguments
    • Evaluating which argument (for or against) is stronger

Market Volatility Application

  • When markets crash, follow two-step process:
    1. Assess if there's an existential crisis ("wolf at the door")
    2. If no crisis:
      • Do nothing for 30-90 days
      • Reassess situation after cooling period
      • Stick to original plan unless fundamental change needed

Key Principles

  • Take simple ideas very seriously
  • Pick few things that matter and execute them well
  • Focus on reinforcing desired changes consistently
  • Avoid emotional decision-making
  • Maintain long-term perspective despite short-term volatility
02:44 - 03:11
Full video: 50:00
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

WebsiteTwitter
Host
Restaurateur
E-commerce