Chief Change Officer Podcast Summary

Episode: From Microdoses to Mega Insights: Paul Austin on Psychedelics and Personal Growth
Host: Vince Chan
Guest: Paul Austin, Founder and CEO of Third Wave
Release Date: January 22, 2025

Introduction to the Episode

In this engaging episode of Chief Change Officer, host Vince Chan delves into the increasingly pertinent and controversial topic of psychedelics with Paul Austin, the founder and CEO of Third Wave. Paul is a leading voice advocating for the responsible use of psychedelics, particularly in personal and leadership development. Vince sets the stage by highlighting the ongoing debates surrounding the safety, legality, and medical impact of psychedelics, promising a comprehensive exploration of their potential benefits and risks.

Guest Introduction: Paul Austin’s Background

[05:05] Paul Austin shares his personal journey, starting from a traditional upbringing in Grand Rapids, Michigan, to his early experimentation with cannabis and psychedelics during his teenage years. These experiences profoundly influenced his perspective on life and personal growth. By age 21, Paul became a digital nomad, traveling the world and eventually founding Third Wave in 2015, an educational platform focused on demystifying psychedelics. "Psychedelics are a tool. And just like a knife, they can be used in very positive ways or they can be used in very negative ways," Paul emphasizes [08:45].

The Concept of Psychedelics in Personal and Leadership Growth

Vince introduces the primary focus of the episode: understanding how psychedelics, when used responsibly, can serve as catalysts for personal development and leadership enhancement. Paul elaborates on the historical use of psychedelics, referencing their ancient and indigenous applications and their resurgence during the 1950s and 60s counterculture movement.

Benefits of Psychedelics: Clinical and Leadership/Creative Applications

Clinical Benefits:
Paul discusses the robust clinical research supporting psychedelics' efficacy in treating conditions such as depression, addiction, PTSD, and anxiety. He highlights how these substances can facilitate profound personal insights and emotional healing.

Leadership and Creativity:
For leaders and creatives, psychedelics support neuroplasticity, enhancing the brain's ability to adapt and foster new neural connections. "Neuroplasticity is the capacity for the brain to adapt and change," Paul explains [11:15]. This facilitates improved creativity, better decision-making, and increased courage in leadership roles. Paul shares that many leaders report feeling more inspired and capable of handling difficult decisions after integrating psychedelics into their routines.

Risks and Considerations

Paul addresses the significant risks associated with psychedelics, primarily focusing on their legal status. "The riskiest thing about psychedelics is that these are still largely illegal everywhere," he asserts [13:50]. He also warns about the potential psychological risks, especially for individuals predisposed to psychosis or certain personality disorders. Without proper support and intention, psychedelics can introduce emotional instability, leading to adverse outcomes.

Microdosing: Mechanism and Applications

Microdosing, the practice of taking sub-intoxicating doses of psychedelics, is explored in depth. Paul describes it as a "skill" that can be cultivated to enhance daily functioning without the intense experiences associated with higher doses. [16:51] He compares microdosing to following new paths in snowboarding, allowing individuals to break free from rigid patterns and fostering greater creativity and problem-solving abilities.

Addressing Misconceptions about Microdosing and Psychedelics

Paul dismantles common misconceptions, clarifying that psychedelics are not addictive and are, in fact, safer than alcohol and tobacco. He explains, "Psychedelics are anti-addictive" and can aid in overcoming addiction rather than fostering it [27:43]. Additionally, he emphasizes that psychedelics do not inherently cause psychosis but should be approached with caution by those with specific mental health conditions.

Legal Landscape and Changing Policies

The legal status of psychedelics is rapidly evolving. Paul highlights that while psychedelics remain illegal in most places, certain jurisdictions like the Netherlands, Jamaica, Costa Rica, Mexico, Oregon, and Colorado have legalized or decriminalized their use. [30:09] He notes that political motives, rather than scientific ones, largely influenced the prohibition of psychedelics in the past. However, ongoing changes in legislation indicate a shifting perception and increasing acceptance of psychedelics in mainstream society.

Safety and Responsible Practices: The Five Key Elements

Paul outlines five key elements essential for the safe and effective use of psychedelics:

1. Assessment: Professional evaluation to determine suitability.
2. Preparation: Educating oneself and setting clear intentions.
3. Facilitation: Having a trained guide or facilitator during the experience.
4. Integration: Processing and applying insights gained post-experience.
5. Microdosing: Ongoing support through responsible dosing practices.

"Start low and go slow" remains the cornerstone of his philosophy, ensuring users approach psychedelics with caution and respect [36:03]. Paul underscores the importance of personal commitment and the willingness to embrace the transformative potential of psychedelics responsibly.

Conclusion and Final Insights

In wrapping up, Paul reiterates that psychedelics are powerful tools for personal and professional growth when used with intention and support. He encourages listeners to seek out reputable resources and professionals to guide their journey. "As long as those five elements... are in place, the experience is safe and effective," Paul concludes [39:49].

Vince thanks Paul for his insightful contributions, encouraging listeners to subscribe, leave reviews, and engage with the Chief Change Officer community for more transformative conversations.

Notable Quotes:

• Paul Austin [05:05]: "Psychedelics are a tool. And just like a knife, they can be used in very positive ways or they can be used in very negative ways."
• Paul Austin [11:15]: "Neuroplasticity is the capacity for the brain to adapt and change."
• Paul Austin [13:50]: "The riskiest thing about psychedelics is that these are still largely illegal everywhere."
• Paul Austin [16:51]: "Microdosing is a skill that we can develop and cultivate."
• Paul Austin [27:43]: "Psychedelics are anti-addictive."
• Paul Austin [30:09]: "Start low and go slow."
• Paul Austin [36:03]: "As long as those five elements... are in place, the experience is safe and effective."

Resources Mentioned:

• Third Wave: thirdwave.com
• Paul Austin’s Book: Mastering Microdosing for Education
• Third Wave Podcast: Over 270 episodes available for free education on psychedelics.

Connect with Chief Change Officer:

• LinkedIn: @chiefchangeofficer
• Platforms: Available on Apple Podcasts, Spotify, and YouTube

This episode offers a comprehensive look into the transformative potential of psychedelics, balancing enthusiasm for their benefits with a responsible approach to their use. Whether you’re a leader, creative, or someone seeking personal growth, Paul Austin’s insights provide valuable guidance on navigating the evolving landscape of psychedelics.