771 Best Books on Business & Economics
Winners
Alastair Campbell
How do sportsmen excel, entrepreneurs thrive, or individuals achieve the ambitions? Is their ability to win innate? Or is the winning mindset something we can all develop?In the tradition ofThe Talent Code and The Power of Habit, Campbell draws on the wisdom of an astonishing array of talented people—from elite athletes to media mavens, from rulers of countries to rulers of global business empires.Alastair Campbell has conducted in-depth interviews and uses his own experience in politics and sport to get to the heart of success. He examines how winners tick. He considers how they build great teams. He analyzes how these people deal with unexpected setbacks and new challenges. He judges what the very different worlds of politics, business, and sport can learn from one another. And he sets out a blueprint for winning that we can all follow to achieve our goals.This is a fantastic team-building book, not at all what you would expect given the author. All about getting intense, individualistic, creative people to work together https://t.co/RBJaGhLWNW
How Will You Measure Your Life?
Clayton M. Christensen
Akin to The Last Lecture in its revelatory perspective following life-altering events, "How Will You Measure Your Life?" presents a set of personal guidelines that have helped the author find meaning and happiness in his life.16/ How to Measure Your Life- there will be lots of reasons to get swept up as a founder and forget what you really care about in life. This book helps you stay focused on what you believe matters the most. https://t.co/NZCk2Jl4Ba
The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.4/ Hard Thing About Hard Things- the best book I’ve read that talks about the grueling aspect of life as a founder. There is no book that made me feel less lonely as CEO than this one. @bhorowitz https://t.co/MiQ9LUu8qn
Talent
Tyler Cowen
Tyler Cowen and Daniel Gross's Talent offers strategies on how to spot, assess, woo, and retain highly talented people. How do you find talent with a creative spark? To what extent can you predict human creativity, or is human creativity something irreducible before our eyes, perhaps to be spotted or glimpsed by intuition, but unique each time it appears? The art and science of talent search get at exactly those questions. Renowned economist Tyler Cowen and venture capitalist and entrepreneur Daniel Gross guide the reader through the major scientific research areas relevant for talent search, including how to conduct an interview, how much to weigh intelligence, how to judge personality and match personality traits to jobs, how to evaluate talent in on-line interactions such as Zoom calls, why talented women are still undervalued and how to spot them, how to understand the special talents in people who have disabilities or supposed disabilities, and how to use delegated scouts to find talent. Identifying underrated, brilliant individuals is one of the simplest ways to give yourself an organizational edge, and this is the book that will show you how to do that. It is both for people searching for talent, and for those being searched and wish to understand how to better stand out.Talent by @danielgross and @tylercowen - it’s not often that a book on practical business stuff is really good. This one is both interesting and useful. Lots of great mental models but also practical advice. https://t.co/YUIpOShN89
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.@RamliJohn @andrewchen There isn't a single book to call out on the topic.
Monetizing Innovation
Madhavan Ramanujam
"The book explains how most companies get sidetracked by Product-Driven Thinking and how to innovate by starting with the price customers will pay, and creating the product for that price. It will present a process that Simon-Kucher & Partners has used to help dozens of others avoid innovation failure by making pricing and marketing their guiding light throughout the product development process"--If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
How to Win Friends and Influence People
Dale Carnegie
Provides suggestions for successfully dealing with people both in social and business situationsIf you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
Competing Against Luck
Clayton M. Christensen
If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
Continuous Discovery Habits
Teresa Torres
If you're a paid subscriber, don't miss the insights folks shared about these books https://t.co/PQhncGHcww
How to Win Friends and Influence People
Dale Carnegie
Provides suggestions for successfully dealing with people both in social and business situationsSketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Competing Against Luck
Clayton M. Christensen
Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Continuous Discovery Habits
Teresa Torres
Sketching User Experiences by Bill Buxton and William Buxton The Choice by Eliyahu M. Goldratt About Face 3: The Essentials of Interaction Design by Alan Cooper, David Cronin, and Robert Reimann Outcomes Over Output by Josh Seiden Decode and Conquer by Lewis C. Lin
Continuous Discovery Habits
Teresa Torres
I asked my paid newsletter subscribers what book most helped them become a better product manager. Here are the top 10 most mentioned books (in order): 1. Inspired by Marty Cargan by @cagan 2. The Mom Test by @robfitz 3. Continuous Discovery Habits by @ttorres
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.Other books mentioned by at least one person: Build by @tfadell Lean Analytics by Alistair Croll and Ben Yoskovitz Turning the Flywheel by Jim Collins Creative Selection from Ken Kocienda Switch by Chip and Dan Heath Decisive by Chip and Dan Heath
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.Other books mentioned by at least one person: Build by @tfadell Lean Analytics by Alistair Croll and Ben Yoskovitz Turning the Flywheel by Jim Collins Creative Selection from Ken Kocienda Switch by Chip and Dan Heath Decisive by Chip and Dan Heath
Continuous Discovery Habits
Teresa Torres
Other books mentioned by at least one person: Build by @tfadell Lean Analytics by Alistair Croll and Ben Yoskovitz Turning the Flywheel by Jim Collins Creative Selection from Ken Kocienda Switch by Chip and Dan Heath Decisive by Chip and Dan Heath
Thinking, Fast and Slow
Daniel Kahneman
A psychologist draws on years of research to introduce his "machinery of the mind" model on human decision making to reveal the faults and capabilities of intuitive versus logical thinking.Kahneman is a prolific researcher who won the Nobel prize for his work on prospect theory. There are too many foundational papers to cite but THINKING FAST AND SLOW is a fantastic intro to his outsized influence on the discipline of behavioral economics: https://t.co/TJuoNS0Qle
Blue Ocean Strategy, Expanded Edition
W. Chan Kim
Argues against common competitive practices while outlining recommendations based on the creation of untapped market spaces with growth potential.@scientificcons3 The early Figma team decided on the current strategy based on a framework in the book Blue Ocean Strategy
How to Change
Katy Milkman
Award-winning Wharton Professor and Choiceology podcast host Katy Milkman has devoted her career to the study of behavior change. In this ground-breaking book, Milkman reveals a proven path that can take you from where you are to where you want to be, with a foreword from psychologist Angela Duckworth, the best-selling author of Grit. Set audacious goals. Foster good habits. Create social support. You've surely heard this advice before. If you've ever tried to change or encourage it -- to boost exercise or healthy eating, to prevent missed deadlines or kick-start savings -- then you know there are thousands of apps, books, and YouTube videos promising to help and offering sound guidance. And yet, you're still not where you want to be. This trailblazing book from award-winning behavioral scientist and Wharton Professor Katy Milkman explains why. In a career devoted to uncovering what helps people change, Milkman has discovered a crucial thing many of us get wrong: our strategy. Change, she's learned, comes most readily when you understand what's standing between you and success and tailor your solution to that roadblock. If you want to work out more but find exercise difficult and boring, downloading a goal-setting app probably won't help. But what if, instead, you transformed your workouts so they became a source of pleasure instead of a chore? Turning an uphill battle into a downhill one is the key to success. Drawing on Milkman's original research and the work of her dozens of world-renowned scientific collaborators, How to Change shares an innovative new approach that will help you change or encourage change in others. Through case studies, engaging stories, and examples from cutting-edge research, this book illustrates how to identify and overcome the barriers that regularly stand in the way of change. How to Change will teach you: * Why timing can be everything when it comes to making a change * How to turn temptation and inertia into assets that can help you conquer your goals * That giving advice, even if it's about something you're struggling with, can help you achieve more Whether you're a manager, coach, or teacher aiming to help others change for the better or are struggling to kick-start change yourself, How to Change offers an invaluable, science-based blueprint for achieving your goals, once and for all.Katy is best known for her significant work on behavior change as a professor @Wharton. Her bestseller, How to Change, came out last year & received rave reviews. The book is truly a must-read for anyone looking to kick start a change in their life. https://t.co/907jqxFw4s
The Power Law
Sebastian Mallaby
From an award-winning financial historian comes the gripping, character-driven story of venture capital and the world it made Innovations rarely come from "experts." Jeff Bezos was not a bookseller; Elon Musk was not in the auto industry. When it comes to innovation, a legendary venture capitalist told Sebastian Mallaby, the future cannot be predicted, it can only be discovered. Most attempts at discovery fail, but a few succeed at such a scale that they more than make up for everything else. That extreme ratio of success and failure is the power law that drives venture capital, Silicon Valley, the tech sector, and, by extension, the world. Drawing on unprecedented access to the most celebrated venture capitalists of all time, award-winning financial historian Sebastian Mallaby tells the story of this strange tribe of financiers who have funded the world's most successful companies, from Google to SpaceX to Alibaba. With a riveting blend of storytelling and analysis, The Power Law makes sense of the seeming randomness of success in venture capital, an industry that relies, for good and ill, on gut instinct and personality rather than spreadsheets and data. We learn the unvarnished truth about some of the most iconic triumphs and infamous disasters in the history of tech, from the comedy of errors that was the birth of Apple to the venture funding that fostered hubris at WeWork and Uber to the industry's notorious lack of women and ethnic minorities. Now the power law echoes around the world: it has transformed China's digital economy beyond recognition, and London is one of the top cities for venture capital investment. By taking us so deeply into the VCs' game, The Power Law helps us think about our own future through their eyes.hey everyone, we're live with @scmallaby to talk about the history of Silicon Valley & VC... from his amazing book The Power Law https://t.co/7do2nMegFI
Path Integrals in Quantum Mechanics, Statistics, Polymer Physics, and Financial Markets
Hagen Kleinert
This is the fifth, expanded edition of the comprehensive textbook published in 1990 on the theory and applications of path integrals. It is the first book to explicitly solve path integrals of a wide variety of nontrivial quantum-mechanical systems, in particular the hydrogen atom. The solutions have been made possible by two major advances. The first is a new euclidean path integral formula which increases the restricted range of applicability of Feynman's time-sliced formula to include singular attractive 1/r- and 1/r2-potentials. The second is a new nonholonomic mapping principle carrying physical laws in flat spacetime to spacetimes with curvature and torsion, which leads to time-sliced path integrals that are manifestly invariant under coordinate transformations. In addition to the time-sliced definition, the author gives a perturbative, coordinate-independent definition of path integrals, which makes them invariant under coordinate transformations. A consistent implementation of this property leads to an extension of the theory of generalized functions by defining uniquely products of distributions. The powerful FeynmanKleinert variational approach is explained and developed systematically into a variational perturbation theory which, in contrast to ordinary perturbation theory, produces convergent results. The convergence is uniform from weak to strong couplings, opening a way to precise evaluations of analytically unsolvable path integrals in the strong-coupling regime where they describe critical phenomena. Tunneling processes are treated in detail, with applications to the lifetimes of supercurrents, the stability of metastable thermodynamic phases, and thelarge-order behavior of perturbation expansions. A variational treatment extends the range of validity to small barriers. A corresponding extension of the large-order perturbation theory now also applies to small orders. Special attention is devoted to path integrals with topological restrictions needed to understand the statistical properties of elementary particles and the entanglement phenomena in polymer physics and biophysics. The ChernSimons theory of particles with fractional statistics (anyons) is introduced and applied to explain the fractional quantum Hall effect. The relevance of path integrals to financial markets is discussed, and improvements of the famous BlackScholes formula for option prices are developed which account for the fact, recently experienced in the world markets, that large fluctuations occur much more frequently than in Gaussian distributions.@TheSandyCoder Kleinert's book provides a very thorough but somewhat accessible intro https://t.co/TbAhKBY9em
The Cryptopians
Laura Shin
The story of the idealists, technologists, and opportunists fighting to bring cryptocurrency to the masses. In their short history, Bitcoin and other cryptocurrencies have gone through booms, busts, and internecine wars. Yet today they are very much still with us: Bitcoin currently trades for over $50,000, the value of all crypto assets is greater than $1.7 trillion. The central promise of crypto is too good to pass up--vast fortunes made from decentralized networks not controlled by any single entity and not yet regulated by many governments. Yet cryptocurrency was growing increasingly marginal until a brilliant new idea changed its fortunes once again: Ethereum. In this book, Laura Shin takes readers inside the creation of this new form of cryptocurrency network, which enabled users to launch their own new coins, and in so doing, created a new crypto fever. You'll meet people like Vitalik Buterin, the wunderkind whose idea quickly became a $100 billion empire; Charles Hoskinson, the initial CEO who left the project within five months; and Joe Lubin, a former Goldman Sachs VP whose early involvement in Bitcoin and Ethereum helped him become one of crypto's most well-known billionaires. Sparks flew as these outsized personalities fought for their piece of a seemingly limitless new business opportunity. The fortunes of crypto continue to rise and fall, but the people fighting to take it mainstream are making and losing fortunes and careers on it. This fascinating book shows the crypto market for what it really is: a deeply personal struggle to influence the coming revolution in money, culture and power.Laura's book is part-drama and part-comedy, and very eye-opening about how some of the more insane and disruptive tech of recent years was created. https://t.co/lAiHTpdN49
Causal Inference
Scott Cunningham
An accessible, contemporary introduction to the methods for determining cause and effect in the social sciences "Causation versus correlation has been the basis of arguments--economic and otherwise--since the beginning of time. Causal Inference: The Mixtape uses legit real-world examples that I found genuinely thought-provoking. It's rare that a book prompts readers to expand their outlook; this one did for me."--Marvin Young (Young MC) Causal inference encompasses the tools that allow social scientists to determine what causes what. In a messy world, causal inference is what helps establish the causes and effects of the actions being studied--for example, the impact (or lack thereof) of increases in the minimum wage on employment, the effects of early childhood education on incarceration later in life, or the influence on economic growth of introducing malaria nets in developing regions. Scott Cunningham introduces students and practitioners to the methods necessary to arrive at meaningful answers to the questions of causation, using a range of modeling techniques and coding instructions for both the R and the Stata programming languages.Finally got around to picking up a hard copy of @nickchk’s “The Effect”🥳 I’m about 1/3 of the way through @causalinf’s Mixtape, and figured WHY WAIT, these two books seem like they’d be great to read together! “The Effect” is a thick/chunky book! Can’t wait to dig in 📙📘 https://t.co/ksb6oNLVW8
Out of the Crisis
W. Edwards Deming
@J_rob1018 My biz book canon: The Origin of Wealth, Certain to Win, Maverick, Out of the Crisis, Alchemy, Zero To One, 7 Powers, The Intelligent Investor
Alchemy
Rory Sutherland
We think we are rational creatures. Economics and business rely on the assumption that we make logical decisions based on evidence. But we arent, and we dont. In many crucial areas of our lives, reason plays a vanishingly small part. Instead we are driven by unconscious desires, which is why placebos are so powerful. We are drawn to the beautiful, the extravagant and the absurd from lavish wedding invitations to tiny bottles of the latest fragrance. So if you want to influence peoples choices you have to bypass reason. The best ideas dont make rational sense: they make you feel more than they make you think. Rory Sutherland is the Ogilvy advertising legend whose TED Talks have been viewed nearly 7 million times. In his first book he blends cutting-edge behavioural science, jaw-dropping stories and a touch of branding magic, on his mission to turn us all into idea alchemists. The big problems we face every day, whether as an individual or in society, could very well be solved by letting go of logic and embracing the irrational.@J_rob1018 My biz book canon: The Origin of Wealth, Certain to Win, Maverick, Out of the Crisis, Alchemy, Zero To One, 7 Powers, The Intelligent Investor
Zero to One
Blake Masters
WHAT VALUABLE COMPANY IS NOBODY BUILDING? The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. If you are copying these guys, you aren’t learning from them. It’s easier to copy a model than to make something new: doing what we already know how to do takes the world from 1 to n, adding more of something familiar. Every new creation goes from 0 to 1. This book is about how to get there. ‘Peter Thiel has built multiple breakthrough companies, and Zero to One shows how.’ ELON MUSK, CEO of SpaceX and Tesla ‘This book delivers completely new and refreshing ideas on how to create value in the world.’ MARK ZUCKERBERG, CEO of Facebook ‘When a risk taker writes a book, read it. In the case of Peter Thiel, read it twice. Or, to be safe, three times. This is a classic.’ NASSIM NICHOLAS TALEB, author of The Black Swan@J_rob1018 My biz book canon: The Origin of Wealth, Certain to Win, Maverick, Out of the Crisis, Alchemy, Zero To One, 7 Powers, The Intelligent Investor
The Origin of Wealth
Eric D. Beinhocker
What is wealth?How is it created? And how can we create more of it for the benefit of individuals, businesses, and societies?In The Origin of Wealth,Eric Beinhocker provides provocative new answers to these fundamental questions. Beinhocker surveys the cutting-edge ideas of economists and scientists and brings their work alive for a broad audience. These researchers, he explains, are revolutionizing economics by showing how the economy is an evolutionary system, much like a biological system. It is economic evolution that creates wealth and has taken us from the Stone Age to the $36.5 trillion global economy of today. By better understanding economic evolution, Beinhocker writes, we can better understand how to create more wealth. The author shows how “complexity economics” is turning conventional wisdom on its head in areas ranging from business strategy and organizational design to investment strategy and public policy. As sweeping in scope as its title,The Origin of Wealthwill rewire our thinking about the workings of the global economy and where it is going.@J_rob1018 My biz book canon: The Origin of Wealth, Certain to Win, Maverick, Out of the Crisis, Alchemy, Zero To One, 7 Powers, The Intelligent Investor
Build the Damn Thing
Kathryn Finney
An indispensable guide to building a startup and breaking down the barriers for diverse entrepreneurs from the visionary venture capitalist and pioneering entrepreneur Kathryn Finney. Build the Damn Thing is a hard-won, battle-tested guide for every entrepreneur who the establishment has left out. Finney, an investor and startup champion, explains how to build a business from the ground up, from developing a business plan to finding investors, growing a team, and refining a product. Finney empowers entrepreneurs to take advantage of their unique networks and resources; arms readers with responses to investors who say, “great pitch but I just don’t do Black women”; and inspires them to overcome naysayers while remaining “100% That B*tch.” Don’t wait for the system to let you in—break down the door and build your damn thing. For all the Builders striving to build their businesses in a world that has overlooked and underestimated them: this is the essential guide to knowing, breaking, remaking and building your own rules of entrepreneurship in a startup and investing world designed for and by the “Entitleds.”Congrats to my friend @KathrynFinney and @GeniusGuild on the release of her book “Build the Damn Thing!” As a (now) rich white guy I’m gonna read this book to learn how I can support everyone with a dream and an idea who wants to BUILD! https://t.co/0Fmlqn1UOl #ref https://t.co/w7cmizO4Eb
Pizza Tiger
Tom Monaghan
The founder of Domino's Pizza explains how he expanded his business into the largest pizza delivery company in the world, discussing how ingenuity and strict personal ethics have made the American Dream come trueBtw this book is 10/10 https://t.co/GmuPQW9zXH
Monetizing Innovation
Madhavan Ramanujam
"The book explains how most companies get sidetracked by Product-Driven Thinking and how to innovate by starting with the price customers will pay, and creating the product for that price. It will present a process that Simon-Kucher & Partners has used to help dozens of others avoid innovation failure by making pricing and marketing their guiding light throughout the product development process"--There are only 3 hard problems in SaaS: 1) self-serve pricing 2) enterprise pricing, and 3) re-pricing every 9 months 🙂 Bonus reco: That’s why you need to read Monetizing Innovation: an intentional, strategic approach for pricing your product https://t.co/YRkpzC5Fy3
7 Powers
Hamilton Helmer
7 Powers details a strategy toolset that enables you to build an enduringly valuable company. It was developed by Hamilton Helmer drawing on his decades of experience as a strategy advisor, equity investor and Stanford University teacher. This is must reading for any business person and applies to all businesses, new or mature, large or small.9/ 7 Powers: excellent book that describes the 7 strategic powers that create differentiation and lasting business success: scale economies, network effects, counter-positioning (my favorite), switching costs, branding, cornered resource, process power https://t.co/zTXyF08Bgz
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.10/ Crossing the Chasm: a high tech marketing classic, introduces Technology Adoption Lifecycle & the “chasm” you have to cross to grow your product’s adoption from “early adopters” to the “early majority” group (some examples are dated, but still good) https://t.co/xfTjRqxhl3
Understanding Michael Porter
Joan Magretta
Examines and explains the revolutionary business frameworks of Michael Porter, with examples to illustrate and update Porter's ideas for achieving and sustaining competitive success.8/ Understanding Michael Porter: the first book you should read on strategy, esp. if you’re in B2B. A fabulous, accessible summary of Michael Porter’s timeless strategy frameworks. Another book I recommend very often to B2B founders and product leaders https://t.co/d64uNmXhJQ
Competing Against Luck
Clayton M. Christensen
4/ Competing Against Luck: for understanding the real Job To Be Done, conceiving products & solutions that resonate with customers, and appreciating the role of creativity in product success https://t.co/3qqvW7rxdu
Amp It Up
Frank Slootman
The secret to leading growth is your mindset Snowflake CEO Frank Slootman is one of the tech world's most accomplished executives in enterprise growth, having led Snowflake to the largest software IPO ever after leading ServiceNow and Data Domain to exponential growth and the public market before that. In Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity, he shares his leadership approach for the first time. Amp It Up delivers an authoritative look at what it takes to transform an organization for maximum growth and scale. Slootman shows that most leaders have significant room to improve their organization's performance without making expensive changes to their talent, structure, or fundamental business model—and they don’t need to bring in an army of consultants to do it. What they do need is to align people around what matters and execute with urgency and intensity every day. Leading for unprecedented growth means declaring war on mediocrity, breaking the status quo, and making conflicted choices daily, all with a relentless focus on the mission. Amp It Up provides the first principles to guide that change, and the tactical advice for organizing a company around them. Perfect for executives, entrepreneurs, founders, managers, and leaders of all kinds, Amp It Up is a must-read resource for anyone who seeks to unleash the growth potential of a company and scale it to heights they never thought possible.2/ Amp It Up: an informative & actionable account of the operations & principles behind Snowflake’s success. Lots to understand & learn about how to build & scale modern B2B tech companies. https://t.co/YvguqFCS3L
Talent
Tyler Cowen
Tyler Cowen and Daniel Gross's Talent offers strategies on how to spot, assess, woo, and retain highly talented people. How do you find talent with a creative spark? To what extent can you predict human creativity, or is human creativity something irreducible before our eyes, perhaps to be spotted or glimpsed by intuition, but unique each time it appears? The art and science of talent search get at exactly those questions. Renowned economist Tyler Cowen and venture capitalist and entrepreneur Daniel Gross guide the reader through the major scientific research areas relevant for talent search, including how to conduct an interview, how much to weigh intelligence, how to judge personality and match personality traits to jobs, how to evaluate talent in on-line interactions such as Zoom calls, why talented women are still undervalued and how to spot them, how to understand the special talents in people who have disabilities or supposed disabilities, and how to use delegated scouts to find talent. Identifying underrated, brilliant individuals is one of the simplest ways to give yourself an organizational edge, and this is the book that will show you how to do that. It is both for people searching for talent, and for those being searched and wish to understand how to better stand out.If you’re in the job of evaluating talent ( and almost of us are), I can’t endorse @tylercowen and @danielgross’s new book strongly enough. Written by two people who deeply understand human beings.
Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.The book is less fanciful, though seems skewed by the obvious sources who dished to Isaac. I still enjoyed reading it (with a big disclaimer). https://t.co/fyxrtNinZD
The Man Who Solved the Market
Gregory Zuckerman
Bestselling author and veteran Wall Street Journal reporter Zuckerman answers the question investors have been asking for decades: How did Jim Simons do it? Simons is the greatest money maker in modern financial history. His track record bests those of legendary investors including Warren Buffett, Peter Lynch, Ray Dalio, and George Soros..@josh_wills @chrisalbon +1 this rec, but as a fun / casual read. Didn't feel technical at all -- It's pretty storybook-y & deep dive into Mercer lol, but I love good (& somewhat embellished) stories
- Vell Executive Search, a Boston-based executive search firm, has released its latest report. Titled "Women Board Members in Tech Companies: Strategies for Building High Performing Diverse Boards," the report offers an in-depth look at the topic and recommendations for creating greater diversity. "We studied 581 public technology companies in the U.S. and Canada with at least $100 million in revenues. What we found in many ways is encouraging: large public tech companies are embracing women on their boards," said Dora Vell, CEO of Vell Executive Search. "But there is still room for growth, especially in smaller companies." According to the report, 411 companies have at least one woman on their board, with 30% having none and 36% only one. Less than 12% have three or more women on their boards, the minimum number required to correlate with greater company performance. "The smaller the company, the fewer women board members," Vell said. "In companies with revenues of $100 million to $500 million, women hold 216 board seats out of a total of 1880. Nearly all companies with revenues over $5 billion have at least one woman board member." The latest Vell report looks at three key company factors: revenues, sectors and insiders. The report also looks at characteristics women directors possess that drive one or more board invites, board leadership roles and membership in the 20 largest companies. Ultimately, the Vell report concludes the tech industry must look at the entire ecosystem—not just the largest companies—to drive greater gender balance on boards. Closing the gap, Vell said, is no longer just a matter of breaking through a glass ceiling, but opening doors for women to gain experience in smaller companies. Vell offers strategic recommendations for overcoming the challenges and helping tech companies diversify their boards. These include drastically extending the succession planning timeline, training high potential executives internally with governance matters, and seeding the ecosystem by assisting smaller companies to identify outstanding diverse talent.
@sebastianspier Sure, feel free to use. As with any fair use, I'm always supportive of linking, fair quoting, using images with attribution: same here. The book is an interesting experiment. I'm more vary of patterns since observing how eg design patterns did not live up to their promise.
Made in Japan
Akio Morita
The chairman of the Sony Corporation discusses the rise of Sony, his extraordinary career as a businessman, and his views on the United States, Japan, and the world economy.Book 10 The strongest companies emerge from fierce competition that demands the ability to continuously identify technical breakthroughs and package them into products that deliver real value to people https://t.co/wkfRAgS8gF
Loved
Martina Lauchengco
I just listened to the LOVED audio book sample and @mavinmartina sounds like a professional narrator - she makes it seem easy (it's not!). For those that prefer listening rather than reading, check out: https://t.co/kGpJCesJan
Just Keep Buying
Nick Maggiulli
Everyone faces big questions when it comes to money: questions about saving, investing, and whether you're getting it right with your finances. Unfortunately, many of the answers provided by the financial industry have been based on belief and conjecture rather than data and evidence--until now. In Just Keep Buying, hugely popular finance blogger Nick Maggiulli crunches the numbers to answer the biggest questions in personal finance and investing, while providing you with proven ways to build your wealth right away. You will learn why you need to save less than you think; why saving up cash to buy market dips isn't a good idea; how to survive (and thrive) during a market crash; and much more. By following the strategies revealed here, you can act smarter and live richer each and every day. It's time to take the next step in your wealth-building journey. It's time to Just Keep Buying.Just Keep Buying by @dollarsanddata is amazing. I was lucky enough to get an advanced copy. If you are already familiar with his blog, you know the quality of his writing. This book does not disappoint! https://t.co/iLFzC6heEl https://t.co/jbebp7fvcG
The Son Also Rises
Gregory Clark
"How much of our fate is tied to the status of our parents and grandparents? How much does this influence our children? More than we wish to believe! While it has been argued that rigid class structures have eroded in favor of greater social equality, The Son Also Rises proves that movement on the social ladder has changed little over eight centuries. Using a novel technique -- tracking family names over generations to measure social mobility across countries and periods -- renowned economic historian Gregory Clark reveals that mobility rates are lower than conventionally estimated, do not vary across societies, and are resistant to social policies. The good news is that these patterns are driven by strong inheritance of abilities and lineage does not beget unwarranted advantage. The bad news is that much of our fate is predictable from lineage. Clark argues that since a greater part of our place in the world is predetermined, we must avoid creating winner-take-all societies."--Jacket.This book is quite something. HT @matthewclifford https://t.co/FkH6XVXV27
Alchemy
Rory Sutherland
We think we are rational creatures. Economics and business rely on the assumption that we make logical decisions based on evidence. But we arent, and we dont. In many crucial areas of our lives, reason plays a vanishingly small part. Instead we are driven by unconscious desires, which is why placebos are so powerful. We are drawn to the beautiful, the extravagant and the absurd from lavish wedding invitations to tiny bottles of the latest fragrance. So if you want to influence peoples choices you have to bypass reason. The best ideas dont make rational sense: they make you feel more than they make you think. Rory Sutherland is the Ogilvy advertising legend whose TED Talks have been viewed nearly 7 million times. In his first book he blends cutting-edge behavioural science, jaw-dropping stories and a touch of branding magic, on his mission to turn us all into idea alchemists. The big problems we face every day, whether as an individual or in society, could very well be solved by letting go of logic and embracing the irrational.@imgracehuang For sure, such a wonderful book. I recommend Alchemy all the time to product people https://t.co/PglD1OvXCD
Building a Second Brain
Tiago Forte
A revolutionary approach to enhancing productivity, creating flow, and vastly increasing your ability to capture, remember, and benefit from the unprecedented amount of information all around us. For the first time in history, we have instantaneous access to the world’s knowledge. There has never been a better time to learn, to contribute, and to improve ourselves. Yet, rather than feeling empowered, we are often left feeling overwhelmed by this constant influx of information. The very knowledge that was supposed to set us free has instead led to the paralyzing stress of believing we’ll never know or remember enough. Now, this eye-opening and accessible guide shows how you can easily create your own personal system for knowledge management, otherwise known as a Second Brain. As a trusted and organized digital repository of your most valued ideas, notes, and creative work synced across all your devices and platforms, a Second Brain gives you the confidence to tackle your most important projects and ambitious goals. Discover the full potential of your ideas and translate what you know into more powerful, more meaningful improvements in your work and life by Building a Second Brain.This book is going to catapult the knowledge management space to the mainstream. Such a masterpiece. https://t.co/EE3vu8yc6Y
The Daily Stoic
Ryan Holiday
Why have history's greatest minds embraced the wisdom of the ancient Stoics? Because they realize that the most valuable wisdom is timeless and that philosophy is for living a better life, not a classroom exercise. Holiday and Hanselman off 366 days of Stoic insights and exercises, to help you find the serenity, self-knowledge, and resilience you need to live well.--Worldcat.There are some amazing resources here. The Daily Stoic by @RyanHoliday is at the top of this list. It’s an incredible repository of short, daily insights from Stoic philosophy. https://t.co/Mfj9qpEzjI https://t.co/uATV5rflry
Just Keep Buying
Nick Maggiulli
Everyone faces big questions when it comes to money: questions about saving, investing, and whether you're getting it right with your finances. Unfortunately, many of the answers provided by the financial industry have been based on belief and conjecture rather than data and evidence--until now. In Just Keep Buying, hugely popular finance blogger Nick Maggiulli crunches the numbers to answer the biggest questions in personal finance and investing, while providing you with proven ways to build your wealth right away. You will learn why you need to save less than you think; why saving up cash to buy market dips isn't a good idea; how to survive (and thrive) during a market crash; and much more. By following the strategies revealed here, you can act smarter and live richer each and every day. It's time to take the next step in your wealth-building journey. It's time to Just Keep Buying.@david_perell @dollarsanddata My guy @dollarsanddata about to drop some amazing knowledge in his book. https://t.co/iYnTzLLsIb
Work Pray Code
Carolyn Chen
Her book, both sociological study and cultural rumination, is worth reading. Filled with interviews with actual employees who've subbed in their work lives for a broader religious or community one. It'll resonate with anyone in the Valley daze. https://t.co/9O0Vce3mF9
The Outsiders
William Thorndike
It's time to redefine the CEO success story. Meet eight iconoclastic leaders who helmed firms where returns on average outperformed the S&P 500 by more than 20 times.@VTocks Outsiders in one of my favorite books!
Religion and the Rise of Capitalism
Benjamin M. Friedman
The author demonstrates that the foundational transition in thinking about what is now called economics, beginning in the 18th century, was decisively shaped by the hotly contended lines of religious thought within the English-speaking Protestant world.Book 7 The rational thinking that shapes our models emerges from the pre-rational thinking that shapes our worldviews https://t.co/TKdWWDoahf
Common Stocks and Uncommon Profits and Other Writings
Philip A. Fisher
Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction "I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits...A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments." —Warren BuffetBook 6 No stock is due a period of high performance. Double down on companies that make a habit of creating new value by bringing existing strengths to bare on relevant adjacent opportunities https://t.co/H25YjDZPte
The Cryptopians
Laura Shin
The story of the idealists, technologists, and opportunists fighting to bring cryptocurrency to the masses. In their short history, Bitcoin and other cryptocurrencies have gone through booms, busts, and internecine wars. Yet today they are very much still with us: Bitcoin currently trades for over $50,000, the value of all crypto assets is greater than $1.7 trillion. The central promise of crypto is too good to pass up--vast fortunes made from decentralized networks not controlled by any single entity and not yet regulated by many governments. Yet cryptocurrency was growing increasingly marginal until a brilliant new idea changed its fortunes once again: Ethereum. In this book, Laura Shin takes readers inside the creation of this new form of cryptocurrency network, which enabled users to launch their own new coins, and in so doing, created a new crypto fever. You'll meet people like Vitalik Buterin, the wunderkind whose idea quickly became a $100 billion empire; Charles Hoskinson, the initial CEO who left the project within five months; and Joe Lubin, a former Goldman Sachs VP whose early involvement in Bitcoin and Ethereum helped him become one of crypto's most well-known billionaires. Sparks flew as these outsized personalities fought for their piece of a seemingly limitless new business opportunity. The fortunes of crypto continue to rise and fall, but the people fighting to take it mainstream are making and losing fortunes and careers on it. This fascinating book shows the crypto market for what it really is: a deeply personal struggle to influence the coming revolution in money, culture and power.Currently reading this on the history of Ethereum, by @laurashin (whom I should probably have on the Pull Request @getcallin show). https://t.co/MLK6wKppJX
This Time Is Different
Carmen M. Reinhart
Examines financial crises of the past and discusses similarities between these events and the current crisis, presenting and comparing historical patterns in bank failures, inflation, debt, currency, housing, employment, and government spending.@natbrunell Big Debt Crisis This Time Is Different The Death of Money Any book on equity IRRs Any book on valuing bonds The Changing World Order Richard Koo books are interesting but incomplete in his analysis (IMHO) I suspect you're good on the BTC books :-)
Big Debt Crises
Ray Dalio
"Ray Dalio's excellent study provides an innovative way of thinking about debt crises and the policy response." - Ben Bernanke "Ray Dalio's book is must reading for anyone who aspires to prevent or manage through the next financial crisis." - Larry Summers "A terrific piece of work from one of the world's top investors who has devoted his life to understanding markets and demonstrated that understanding by navigating the 2008 financial crisis well." - Hank Paulson "An outstanding history of financial crises, including the devastating crisis of 2008, with a very valuable framework for understanding why the engine of the financial system occasionally breaks down, and what types of policy actions by central banks and governments are necessary to resolve systemic financial crises. This should serve as a play book for future policy makers, with practical guidance about what to do and what not to do." - Tim Geithner "Dalio's approach, as in his investment management, is to synthesize information, and to convert a sprawling and multi-faceted issue into a clear-cut process of cause and effect. Critically, he simplifies without over-simplifying." - Financial Times For the 10th anniversary of the 2008 financial crisis, one of the world's most successful investors, Ray Dalio, shares his unique template for how debt crises work and principles for dealing with them well. This template allowed his firm, Bridgewater Associates, to anticipate events and navigate them well while others struggled badly. As he explained in his #1 New York Times Bestseller, Principles: Life & Work, Dalio believes that most everything happens over and over again through time so that by studying their patterns one can understand the cause-effect relationships behind them and develop principles for dealing with them well. In this 3-part research series, he does that for big debt crises and shares his template in the hopes reducing the chances of big debt crises happening and helping them be better managed in the future. The template comes in three parts:: 1) The Archetypal Big Debt Cycle (which explains the template), 2) 3 Detailed Cases (which examines in depth the 2008 financial crisis, the 1930's Great Depression, and the 1920's inflationary depression of Germany's Weimar Republic), and 3) Compendium of 48 Cases (which is a compendium of charts and brief descriptions of the worst debt crises of the last 100 years). Whether you're an investor, a policy maker, or are simply interested, the unconventional perspective of one of the few people who navigated the crises successfully, Principles for Navigating Big Debt Crises will help you understand the economy and markets in revealing new ways.@natbrunell Big Debt Crisis This Time Is Different The Death of Money Any book on equity IRRs Any book on valuing bonds The Changing World Order Richard Koo books are interesting but incomplete in his analysis (IMHO) I suspect you're good on the BTC books :-)
The Death of Money
James Rickards
In this New York Times bestseller and Wall Street Journal bestseller, Rickards explores the future of the international monetary system 'A fast-paced and apocalyptic look at the financial future, taking in financiers' greed, central banks' incompetence and impending Armageddon for the dollar ... Rickards may be right that the system is going wobbly.' Financial Times The international monetary system has collapsed three times in the past hundred years. Each collapse was followed by a period of war, civil unrest, or damage to the stability of the global economy. Now James Rickards explains why another collapse is rapidly approaching. The US dollar has been the global reserve currency since the end of the Second World War. If the dollar fails the entire international monetary system will fail with it. But Washington is gridlocked, and America's biggest competitors - China, Russia, and the Middle East - are doing everything possible to end US monetary hegemony. The potential results: Financial warfare. Deflation. Hyperinflation. Market collapse. Chaos. James Rickards offers a bracing analysis of the fundamental problem: money and wealth have become ever more detached. Money is transitory and ephemeral; wealth is permanent and tangible. While wealth has real value worldwide, money may soon be worthless. The world's big players - governments, banks, institutions - will muddle through by making up new rules, and the real victims of the next crisis will be small investors. Fortunately, it is not too late to prepare for the coming death of money. In this riveting book, James Rickards shows us how. 'A terrifically interesting and useful book...fascinating' Kenneth W. Dam, former deputy secretary of the Treasury and adviser to three presidents James Rickards is the author of Currency Wars, which has been translated into eight languages and won rave reviews from the Financial Times, Bloomberg, and Politico. He is a portfolio manager at West Shore Group and an adviser on international economics and financial threats to the Department of Defense and the U.S. intelligence community. He served as facilitator of the first-ever financial war games conducted by the Pentagon. He lives in Connecticut.@natbrunell Big Debt Crisis This Time Is Different The Death of Money Any book on equity IRRs Any book on valuing bonds The Changing World Order Richard Koo books are interesting but incomplete in his analysis (IMHO) I suspect you're good on the BTC books :-)
The Cryptopians
Laura Shin
The story of the idealists, technologists, and opportunists fighting to bring cryptocurrency to the masses. In their short history, Bitcoin and other cryptocurrencies have gone through booms, busts, and internecine wars. Yet today they are very much still with us: Bitcoin currently trades for over $50,000, the value of all crypto assets is greater than $1.7 trillion. The central promise of crypto is too good to pass up--vast fortunes made from decentralized networks not controlled by any single entity and not yet regulated by many governments. Yet cryptocurrency was growing increasingly marginal until a brilliant new idea changed its fortunes once again: Ethereum. In this book, Laura Shin takes readers inside the creation of this new form of cryptocurrency network, which enabled users to launch their own new coins, and in so doing, created a new crypto fever. You'll meet people like Vitalik Buterin, the wunderkind whose idea quickly became a $100 billion empire; Charles Hoskinson, the initial CEO who left the project within five months; and Joe Lubin, a former Goldman Sachs VP whose early involvement in Bitcoin and Ethereum helped him become one of crypto's most well-known billionaires. Sparks flew as these outsized personalities fought for their piece of a seemingly limitless new business opportunity. The fortunes of crypto continue to rise and fall, but the people fighting to take it mainstream are making and losing fortunes and careers on it. This fascinating book shows the crypto market for what it really is: a deeply personal struggle to influence the coming revolution in money, culture and power.Ordered: The Cryptopians by @laurashin https://t.co/rCwSCSbvQR
The Minimalist Entrepreneur
Sahil Lavingia
A new roadmap for building sustainable startups that last beyond the hype. As more and more cracks form in the myth of the VC-funded, IPO-driven billion-dollar company--they're not profitable, and are unethically run to boot--entrepreneurs are seeking an alternative path to building useful, sustainable, and sane businesses. The Minimalist Startup is the manifesto for a new generation of entrepreneurs who would rather build great companies than big ones. In 2011, Sahil Lavingia left his position as the second hire at Pinterest to chase his own dream of founding a billion-dollar company. His startup, Gumroad, was growing quickly and raising venture capital easily. Gumroad, a platform connecting creators with sellers, seemed like it was on the road to unicorn status, with the fancy offices and rapid hiring to match. Until one quarter, when growth faltered, and everything crumbled. But Lavingia rebuilt Gumroad from the ground up. In contrast to the waste and hypergrowth-for-growth's sake mentality that characterized his first attempt, he became a minimalist entrepreneur. Weaving together his own experience at Gumroad with stories of other likeminded companies, he offers a new roadmap for entrepreneurs choosing to grow meaningfully over growing unsustainably. Unicorns are not the best or only path for a startup. The Minimalist Entrepreneur teaches founders how to resist investments that set you up to fail, run a tight ship amid the rise of the gig economy and remote work, develop and release products without failing fast or often, and how to get to profitability and stay there.Some excerpts -- @shl writing about @interintellect_ in The Minimalist Entrepreneur, a book for our times!! https://t.co/UXoTSWUs6c
Just Keep Buying
Nick Maggiulli
Everyone faces big questions when it comes to money: questions about saving, investing, and whether you're getting it right with your finances. Unfortunately, many of the answers provided by the financial industry have been based on belief and conjecture rather than data and evidence--until now. In Just Keep Buying, hugely popular finance blogger Nick Maggiulli crunches the numbers to answer the biggest questions in personal finance and investing, while providing you with proven ways to build your wealth right away. You will learn why you need to save less than you think; why saving up cash to buy market dips isn't a good idea; how to survive (and thrive) during a market crash; and much more. By following the strategies revealed here, you can act smarter and live richer each and every day. It's time to take the next step in your wealth-building journey. It's time to Just Keep Buying.Highly recommend @dollarsanddata's new (and first) book, it's great. https://t.co/x27sPjL6Cy https://t.co/eQGffan3rS
Common Stocks and Uncommon Profits and Other Writings
Philip A. Fisher
Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction "I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits...A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments." —Warren Buffet@varma_ashwin97 https://t.co/NBEqsOOY2X
Pure Invention
Matt Alt
In the 1970s and '80s, Japan soared on the superior technology of Sony and Toyota while the West struggled to catch up. Then a catastrophic 1990 stock-market crash ushered in the "lost decades" of deep recession and social dysfunction. They should have plunged Japan into irrelevance; instead its cultural clout soared. Hello Kitty, the Nintendo Entertainment System, and entertainment empires like Pokémon and Dragon Ball Z--artfully packaged, dangerously cute, and dizzyingly fun--made Japan the forge of the world's fantasies, and gave us new tools for coping with trying times. Alt reveals how Japanese ingenuity remade global culture and may have created modern life as we know it. -- adapted from jacketReading Pure Invention, a book about the postwar Japanese entrepreneurs that made the electronics and media industries. It’s really good. Highlight was the story of Sony.
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.@blakraven7 Check out Thinking in Bets by Annie Duke (excellent book that covers similar topics)
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.@SHARMONJONES Yes, love both books
Amp It Up
Frank Slootman
The secret to leading growth is your mindset Snowflake CEO Frank Slootman is one of the tech world's most accomplished executives in enterprise growth, having led Snowflake to the largest software IPO ever after leading ServiceNow and Data Domain to exponential growth and the public market before that. In Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity, he shares his leadership approach for the first time. Amp It Up delivers an authoritative look at what it takes to transform an organization for maximum growth and scale. Slootman shows that most leaders have significant room to improve their organization's performance without making expensive changes to their talent, structure, or fundamental business model—and they don’t need to bring in an army of consultants to do it. What they do need is to align people around what matters and execute with urgency and intensity every day. Leading for unprecedented growth means declaring war on mediocrity, breaking the status quo, and making conflicted choices daily, all with a relentless focus on the mission. Amp It Up provides the first principles to guide that change, and the tactical advice for organizing a company around them. Perfect for executives, entrepreneurs, founders, managers, and leaders of all kinds, Amp It Up is a must-read resource for anyone who seeks to unleash the growth potential of a company and scale it to heights they never thought possible.@jrichlive Such a good book
Deficit Myth
Stephanie Kelton
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.Book 5 There’s a compelling line of argument that the only spending limit for a currency issuer like the US is inflation as you run up against actual resource constraints — but the last year makes me question the author’s assumed slack in the economy https://t.co/0M1bDAamFb
The Manager's Path
Camille Fournier
Managing people is difficult wherever you work. But in the tech industry, where management is also a technical discipline, the learning curve can be brutal--especially when there are few tools, texts, and frameworks to help you. In this practical guide, author Camille Fournier (tech lead turned CTO) takes you through each stage in the journey from engineer to technical manager. From mentoring interns to working with senior staff, you'll get actionable advice for approaching various obstacles in your path. This book is ideal whether you're a new manager, a mentor, or a more experienced leader looking for fresh advice. Pick up this book and learn how to become a better manager and leader in your organization. Begin by exploring what you expect from a manager Understand what it takes to be a good mentor, and a good tech lead Learn how to manage individual members while remaining focused on the entire team Understand how to manage yourself and avoid common pitfalls that challenge many leaders Manage multiple teams and learn how to manage managers Learn how to build and bootstrap a unifying culture in teams@cherishSLC @StevenBoneDev @ConstruxSW https://t.co/AJuBtQpPlP
Ringtone
Yves Doz
In less than three decades, Nokia emerged from Finland to lead the mobile phone revolution. It grew to have one of the most recognizable and valuable brands in the world and then fell into decline, leading to the sale of its mobile phone business to Microsoft. This book explores and analyzes that journey and distils observations and learning points for anyone keen to understand what drove Nokia's amazing success and sudden downfall. With privileged access to Nokia's senior managers over the last twenty years followed by a more concerted research agenda from 2015, the authors describe and analyze, the various stages in Nokia's journey. The book describes leaders making strategic and organizational decisions, their behavior and interactions, and how they succeeded and failed to inspire and engage their employees. Perhaps most intriguingly, it opens the proverbial 'black box' of why and how things actually happen at the top of organizations. Why did things fall apart? To what extent were avoidable mistakes made? Did the world around Nokia change too fast for it to adapt? And, did Nokia's success contain the seeds of its failure?Reading “Ringtone”—excellent book (if a bit dry) detailing the downfall of Nokia. It makes me wonder: was it even possible for them to succeed in smartphones? Or were they doomed, no matter how competent the mgmt team? Any examples of co’s in a similar position that won?
The Culture Map
Erin Meyer
An international business school professor discusses how to accept and understand diversity and work more effectively and sensitively with colleagues and counterparts from different countries with very different cultures in the new global marketplace. 15,000 first printing.I love how this book challenges my thinking, using everyday examples from the workplace - like a performance review, a meeting, or a team with several cultures experiencing miscommunication. Being more “culture-aware” is the first step in working well with others.
Crossing the Chasm, 3rd Edition
Geoffrey A. Moore
The bible for bringing cutting-edge products to larger markets—now revised and updated with new insights into the realities of high-tech marketing In Crossing the Chasm, Geoffrey A. Moore shows that in the Technology Adoption Life Cycle—which begins with innovators and moves to early adopters, early majority, late majority, and laggards—there is a vast chasm between the early adopters and the early majority. While early adopters are willing to sacrifice for the advantage of being first, the early majority waits until they know that the technology actually offers improvements in productivity. The challenge for innovators and marketers is to narrow this chasm and ultimately accelerate adoption across every segment. This third edition brings Moore's classic work up to date with dozens of new examples of successes and failures, new strategies for marketing in the digital world, and Moore's most current insights and findings. He also includes two new appendices, the first connecting the ideas in Crossing the Chasm to work subsequently published in his Inside the Tornado, and the second presenting his recent groundbreaking work for technology adoption models for high-tech consumer markets.Crossing the Chasm was one of the books that got me interested in business This convo with @geoffreyamoore is a comprehensive review of his frameworks for business, built across a long and storied career. You’ll need a notebook! Enjoy https://t.co/V5EFelq5Sf https://t.co/FlC0SERUke
Deficit Myth
Stephanie Kelton
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.Paired reading for the next few weeks https://t.co/uCheE9ltMw
Money
Felix Martin
A historical epic by an Oxford-educated economist traces the development and evolution of money from its origins in the ancient world to the gold standard, challenging conventional understandings while exploring the world's complicated monetary systems. 75,000 first printing.@lisatomic5 Best book for building intuition about the nature of money is “Money: The Unauthorized Biography” IMO
The Innovator's Dilemma
Clayton M. Christensen
The bestselling classic on disruptive innovation, by renowned author Clayton M. Christensen. His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic bestseller--one of the most influential business books of all time--innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right--yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation. No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices. Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation. Sharp, cogent, and provocative--and consistently noted as one of the most valuable business ideas of all time--The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without.The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.The Innovator's Dilemma
Clayton M. Christensen
The bestselling classic on disruptive innovation, by renowned author Clayton M. Christensen. His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic bestseller--one of the most influential business books of all time--innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right--yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation. No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices. Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation. Sharp, cogent, and provocative--and consistently noted as one of the most valuable business ideas of all time--The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without.The Innovator's Dilemma
Clayton M. Christensen
The bestselling classic on disruptive innovation, by renowned author Clayton M. Christensen. His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic bestseller--one of the most influential business books of all time--innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right--yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation. No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices. Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation. Sharp, cogent, and provocative--and consistently noted as one of the most valuable business ideas of all time--The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without.Zero to One
Peter A. Thiel
The billionaire Silicon Valley entrepreneur behind such companies as PayPal and Facebook outlines an innovative theory and formula for building the companies of the future by creating and monopolizing new markets instead of competing in old ones. 200,000 first printing.Competitive Strategy
Michael E. Porter
Now nearing its sixtieth printing in English and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world. Electrifying in its simplicity—like all great breakthroughs—Porter’s analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies—lowest cost, differentiation, and focus—which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and presents a whole new perspective on how profit is created and divided. In the almost two decades since publication, Porter's framework for predicting competitor behavior has transformed the way in which companies look at their rivals and has given rise to the new discipline of competitor assessment. More than a million managers in both large and small companies, investment analysts, consultants, students, and scholars throughout the world have internalized Porter's ideas and applied them to assess industries, understand competitors, and choose competitive positions. The ideas in the book address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing. Competitive Strategy has filled a void in management thinking. It provides an enduring foundation and grounding point on which all subsequent work can be built. By bringing a disciplined structure to the question of how firms achieve superior profitability, Porter’s rich frameworks and deep insights comprise a sophisticated view of competition unsurpassed in the last quarter-century.@vc https://t.co/dzsdYJPjMl
Subprime Attention Crisis
Tim Hwang
From FSGO x Logic: a revealing examination of digital advertising and the internet's precarious foundation In Subprime Attention Crisis, Tim Hwang investigates the way big tech financializes attention. In the process, he shows us how digital advertising—the beating heart of the internet—is at risk of collapsing, and that its potential demise bears an uncanny resemblance to the housing crisis of 2008. From the unreliability of advertising numbers and the unregulated automation of advertising bidding wars, to the simple fact that online ads mostly fail to work, Hwang demonstrates that while consumers’ attention has never been more prized, the true value of that attention itself—much like subprime mortgages—is wildly misrepresented. And if online advertising goes belly-up, the internet—and its free services—will suddenly be accessible only to those who can afford it. Deeply researched, convincing, and alarming, Subprime Attention Crisis will change the way you look at the internet, and its precarious future. FSG Originals × Logic dissects the way technology functions in everyday lives. The titans of Silicon Valley, for all their utopian imaginings, never really had our best interests at heart: recent threats to democracy, truth, privacy, and safety, as a result of tech’s reckless pursuit of progress, have shown as much. We present an alternate story, one that delights in capturing technology in all its contradictions and innovation, across borders and socioeconomic divisions, from history through the future, beyond platitudes and PR hype, and past doom and gloom. Our collaboration features four brief but provocative forays into the tech industry’s many worlds, and aspires to incite fresh conversations about technology focused on nuanced and accessible explorations of the emerging tools that reorganize and redefine life today.Finally, we talk about Tim's book, Subprime Attention Crisis -- he predicts a bubble in targeted digital advertising... Is there a strong foundation for the value created by Facebook, Google, and Twitter? Or is it an illusion waiting to collapse? https://t.co/ghBviKlkpA
Blitzscaling
Reid Hoffman
What entrepreneur or founder doesnt aspire to build the next Amazon, Facebook, or Airbnb? Yet those who actually manage to do so are exceedingly rare. So what separates the startups that get disrupted and disappear from the ones who grow to become global giants? The secret is blitzscaling: a set of techniques for scaling up at a dizzying pace that blows competitors out of the water. The objective of Blitzscaling is not to go from zero to one, but from one to one billion as quickly as possible.@tikhonjelvis @bartekci Have you read this book? It’s the type of scaling I’m referring to that several hypergrowth companies do deliberately, to win time-sensitive markets. Netflix would not have won if they did not scale everything they had so fast. https://t.co/1qWzMsHXIF
Made in Japan
Akio Morita
The chairman of the Sony Corporation discusses the rise of Sony, his extraordinary career as a businessman, and his views on the United States, Japan, and the world economy.This rules so far https://t.co/eHJJYPy99L
High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinatesThe Bible of Management. https://t.co/cbCJIcl1a6
Trillion Dollar Coach
Eric Schmidt
The team behind How Google Works returns with management lessons from legendary coach and business executive, Bill Campbell, whose mentoring of some of our most successful modern entrepreneurs has helped create well over a trillion dollars in market value. Bill Campbell played an instrumental role in the growth of several prominent companies, such as Google, Apple, and Intuit, fostering deep relationships with Silicon Valley visionaries, including Steve Jobs, Larry Page, and Eric Schmidt. In addition, this business genius mentored dozens of other important leaders on both coasts, from entrepreneurs to venture capitalists to educators to football players, leaving behind a legacy of growing companies, successful people, respect, friendship, and love after his death in 2016. Leaders at Google for over a decade, Eric Schmidt, Jonathan Rosenberg, and Alan Eagle experienced firsthand how the man fondly known as Coach Bill built trusting relationships, fostered personal growth—even in those at the pinnacle of their careers—inspired courage, and identified and resolved simmering tensions that inevitably arise in fast-moving environments. To honor their mentor and inspire and teach future generations, they have codified his wisdom in this essential guide. Based on interviews with over eighty people who knew and loved Bill Campbell, Trillion Dollar Coach explains the Coach’s principles and illustrates them with stories from the many great people and companies with which he worked. The result is a blueprint for forward-thinking business leaders and managers that will help them create higher performing and faster moving cultures, teams, and companies.@JoshuaOgundu Such a good book
The Fifth Discipline
Peter M. Senge
A pioneer in learning organizations offers five disciplines that reveal the link between far-flung causes and immediate effects and that can save organizations from becoming "learning disabled," helping them learn better and faster, in a revised edition of the best-selling business classic. Simultaneous. 20,000 first printing.This is pretty intense https://t.co/F1FAKYWVYM
Setting the Table
Danny Meyer
A landmark, bestselling business book and a fascinating behind-the-scenes history of the creation of Danny's most famous eating establishments, Setting the Table is a treasure trove of valuable, innovative insights applicable to any business or organization.@patrick_oshag I’m working on an unbundled boutique hotel concept for remote workers A few books I enjoyed reading in the process: Setting the Table Restaurant Success by the Numbers The New Gold Standard Plenty of MBA research papers online on why most hotel projects fail
How to Change
Katy Milkman
Award-winning Wharton Professor and Choiceology podcast host Katy Milkman has devoted her career to the study of behavior change. In this ground-breaking book, Milkman reveals a proven path that can take you from where you are to where you want to be, with a foreword from psychologist Angela Duckworth, the best-selling author of Grit. Set audacious goals. Foster good habits. Create social support. You've surely heard this advice before. If you've ever tried to change or encourage it -- to boost exercise or healthy eating, to prevent missed deadlines or kick-start savings -- then you know there are thousands of apps, books, and YouTube videos promising to help and offering sound guidance. And yet, you're still not where you want to be. This trailblazing book from award-winning behavioral scientist and Wharton Professor Katy Milkman explains why. In a career devoted to uncovering what helps people change, Milkman has discovered a crucial thing many of us get wrong: our strategy. Change, she's learned, comes most readily when you understand what's standing between you and success and tailor your solution to that roadblock. If you want to work out more but find exercise difficult and boring, downloading a goal-setting app probably won't help. But what if, instead, you transformed your workouts so they became a source of pleasure instead of a chore? Turning an uphill battle into a downhill one is the key to success. Drawing on Milkman's original research and the work of her dozens of world-renowned scientific collaborators, How to Change shares an innovative new approach that will help you change or encourage change in others. Through case studies, engaging stories, and examples from cutting-edge research, this book illustrates how to identify and overcome the barriers that regularly stand in the way of change. How to Change will teach you: * Why timing can be everything when it comes to making a change * How to turn temptation and inertia into assets that can help you conquer your goals * That giving advice, even if it's about something you're struggling with, can help you achieve more Whether you're a manager, coach, or teacher aiming to help others change for the better or are struggling to kick-start change yourself, How to Change offers an invaluable, science-based blueprint for achieving your goals, once and for all.Great book. Great time to read it! https://t.co/gyslXsMx9R
High Conflict
Amanda Ripley
"In the tradition of bestselling explainers like The Tipping Point, [this] book [is] based on cutting edge science that breaks down the idea of extreme conflict--the kind that paralyzes people and places--and then shows how to escape it"--This book came up during convo with @hollyhliu ✨ Pretty good, recommending! https://t.co/DrHj9ezBI0
Cracking the PM Interview
Gayle Laakmann McDowell
How many pizzas are delivered in Manhattan? How do you design an alarm clock for the blind? What is your favorite piece of software and why? How would you launch a video rental service in India? This book will teach you how to answer these questions and more. Cracking the PM Interview is a comprehensive book about landing a product management role in a startup or bigger tech company. Learn how the ambiguously-named "PM" (product manager / program manager) role varies across companies, what experience you need, how to make your existing experience translate, what a great PM resume and cover letter look like, and finally, how to master the interview: estimation questions, behavioral questions, case questions, product questions, technical questions, and the super important "pitch."The most common error I see PMs make during interviews is being unprepared. You may be a great PM but interviewing is a different skill and like the SATs, it gets better with prep. My recommendation for PM interview prep is Cracking the PM Interview. https://t.co/p2qZIByDSx
The Hard Thing About Hard Things
Ben Horowitz
A lot of people talk about how great it is to start a business, but only Ben Horowitz is brutally honest about how hard it is to run one. In The Hard Thing About Hard Things, Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley's most respected and experienced entrepreneurs, draws on his own story of founding, running, selling, buying, managing, and investing in technology companies to offer essential advice and practical wisdom for navigating the toughest problems business schools don't cover. His blog has garnered a devoted following of millions of readers who have come to rely on him to help them run their businesses. A lifelong rap fan, Horowitz amplifies business lessons with lyrics from his favorite songs and tells it straight about everything from firing friends to poaching competitors, from cultivating and sustaining a CEO mentality to knowing the right time to cash in. His advice is grounded in anecdotes from his own hard-earned rise—from cofounding the early cloud service provider Loudcloud to building the phenomenally successful Andreessen Horowitz venture capital firm, both with fellow tech superstar Marc Andreessen (inventor of Mosaic, the Internet's first popular Web browser). This is no polished victory lap; he analyzes issues with no easy answers through his trials, including demoting (or firing) a loyal friend; whether you should incorporate titles and promotions, and how to handle them; if it's OK to hire people from your friend's company; how to manage your own psychology, while the whole company is relying on you; what to do when smart people are bad employees; why Andreessen Horowitz prefers founder CEOs, and how to become one; whether you should sell your company, and how to do it. Filled with Horowitz's trademark humor and straight talk, and drawing from his personal and often humbling experiences, The Hard Thing About Hard Things is invaluable for veteran entrepreneurs as well as those aspiring to their own new ventures.On giving feedback: • be authentic & abandon the shit sandwich approach • be focused on their success • don't make it personal, talk about behavior & impact • don't embarrass in public • be direct but not mean • feedback is a dialogue not a monologue https://t.co/2b5NkbJWTU
Trillion Dollar Coach
Eric Schmidt
The team behind How Google Works returns with management lessons from legendary coach and business executive, Bill Campbell, whose mentoring of some of our most successful modern entrepreneurs has helped create well over a trillion dollars in market value. Bill Campbell played an instrumental role in the growth of several prominent companies, such as Google, Apple, and Intuit, fostering deep relationships with Silicon Valley visionaries, including Steve Jobs, Larry Page, and Eric Schmidt. In addition, this business genius mentored dozens of other important leaders on both coasts, from entrepreneurs to venture capitalists to educators to football players, leaving behind a legacy of growing companies, successful people, respect, friendship, and love after his death in 2016. Leaders at Google for over a decade, Eric Schmidt, Jonathan Rosenberg, and Alan Eagle experienced firsthand how the man fondly known as Coach Bill built trusting relationships, fostered personal growth—even in those at the pinnacle of their careers—inspired courage, and identified and resolved simmering tensions that inevitably arise in fast-moving environments. To honor their mentor and inspire and teach future generations, they have codified his wisdom in this essential guide. Based on interviews with over eighty people who knew and loved Bill Campbell, Trillion Dollar Coach explains the Coach’s principles and illustrates them with stories from the many great people and companies with which he worked. The result is a blueprint for forward-thinking business leaders and managers that will help them create higher performing and faster moving cultures, teams, and companies.People and relationships are the foundation of any company’s success. The primary job of each manager is to help people be more effective in their job and to grow & develop. Managers enable this through by supporting, respecting, and trusting their people. https://t.co/Rw0t9X1st4
The Fiat Standard
Saifedean Ammous
The Fiat Standard is an insightful study of the history, function, and impacts of the fiat monetary system on human society, economics, and politics over the past century. What are the possibilities for the rise of bitcoin in this system?#3: The Grid by Gretchen Bakke - This is an older book but was an outstanding overview of how the American electrical grid works and how it’s evolving. #4: Mastering the Lightning Network by @aantonop - This book is definitely for people that are running…
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.If you're looking for a great read on startups with lots of behind the scenes stories, look no further than @andrewchen's The Cold Start Problem https://t.co/vPXVkzk7JU
The Manager's Path
Camille Fournier
Managing people is difficult wherever you work. But in the tech industry, where management is also a technical discipline, the learning curve can be brutal--especially when there are few tools, texts, and frameworks to help you. In this practical guide, author Camille Fournier (tech lead turned CTO) takes you through each stage in the journey from engineer to technical manager. From mentoring interns to working with senior staff, you'll get actionable advice for approaching various obstacles in your path. This book is ideal whether you're a new manager, a mentor, or a more experienced leader looking for fresh advice. Pick up this book and learn how to become a better manager and leader in your organization. Begin by exploring what you expect from a manager Understand what it takes to be a good mentor, and a good tech lead Learn how to manage individual members while remaining focused on the entire team Understand how to manage yourself and avoid common pitfalls that challenge many leaders Manage multiple teams and learn how to manage managers Learn how to build and bootstrap a unifying culture in teams@Johnie The Manager's Path perhaps? It starts with the Tech Lead part. Instead of books I'd recommend this: https://t.co/irKQAesS1V
Wanting
Luke Burgis
Started reading a book about NFTs today: 'Wanting: The Power of Mimetic Desire in Everyday Life’
The Platform Delusion
Jonathan A. Knee
An investment banker and professor explains what really drives success in the tech economy Many think that they understand the secrets to the success of the biggest tech companies: Facebook, Amazon, Apple, Netflix, and Google. It's the platform economy, or network effects, or some other magical power that makes their ultimate world domination inevitable. Investment banker and professor Jonathan Knee argues that the truth is much more complicated--but entrepreneurs and investors can understand what makes the giants work, and learn the keys to lasting success in the digital economy. Knee explains what really makes the biggest tech companies work: a surprisingly disparate portfolio of structural advantages buttressed by shrewd acquisitions, strong management, lax regulation, and often, encouraging the myth that they are invincible to discourage competitors. By offering fresh insights into the true sources of strength and very real vulnerabilities of these companies, The Platform Delusion shows how investors, existing businesses, and startups might value them, compete with them, and imitate them. The Platform Delusion demystifies the success of the biggest digital companies in sectors from retail to media to software to hardware, offering readers what those companies don't want everyone else to know. Knee's insights are invaluable for entrepreneurs and investors in digital businesses seeking to understand what drives resilience and profitability for the long term.Excited to start reading this book tomorrow. https://t.co/lUAiZx54Jv
The Fiat Standard
Saifedean Ammous
The Fiat Standard is an insightful study of the history, function, and impacts of the fiat monetary system on human society, economics, and politics over the past century. What are the possibilities for the rise of bitcoin in this system?@nvk @saifedean Completely agree. This book is outstanding!
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.My @a16z friend @andrewchen spent ~3 yrs researching high-growth companies (Uber, Dropbox, Airbnb, Pinterest…) and drawing on his experiences to write "The Cold Start Problem" digging into what makes winning networks. Check it out! (link supports @Water) https://t.co/KH3IkYM85d https://t.co/MPr39oFq2S
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.New book! https://t.co/abgFY0g0kf
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.New book by @andrewchen. Useful for anyone trying to bootstrap a new community or network, which is virtually every founder these days. https://t.co/1jlIRDLFZ1
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.Every company and every business starts at zero customers, zero users. And grows from there. @andrewchen’s book The Cold Start Problem is a masterclass in how to think about growth for your product and company. https://t.co/jqnZyAwK90
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.This is one of my favorite excerpts from @andrewchen’s new book. It’s about PayPal’s double referral program. The same tactic that was later used by Dropbox to reach millions of users. Get Andrew’s book today and learn all about startup growth: https://t.co/IaAV2oXVME https://t.co/CI6JSinxFZ
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.Remember @andrewchen talking to me about the idea of writing a book years ago. Since then it’s been amazing to see the journey his book ( and our lives!) have taken. Special to now tweet this as a colleague. His book is out today, go get a copy! https://t.co/kA8pYPUMwG
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.🚨 Book Launch Day! 🚨 a16z general partner @andrewchen’s The Cold Start Problem is available now! It's the definitive book on network effects, based on 3 years of research & interviews with founders at Twitch, Tinder, Zoom, Airbnb, and more. Order at https://t.co/AlRhbzkvqV https://t.co/PQikyxhKHS
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.Blue Ocean Strategy, Expanded Edition
W. Chan Kim
Argues against common competitive practices while outlining recommendations based on the creation of untapped market spaces with growth potential.Finding this book very insightful. https://t.co/o56zUxXPlV
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.@Kazanjy @andrewchen https://t.co/aZsQcU7YrI
Capital Account
Edward Chancellor
Capital Account relates the story of the world’s greatest investment bubble from the perspective of professional investors. The book, comprised of selected reports from Marathon Asset Management, a successful global investment firm, explains how shareholder value - the notion that companies should be run in the interests of their shareholders - became corrupted in this era of frenzied finance. Senior managers, succumbing to the lure of stock option fortunes, took to manipulating their company’s earnings. Professional investors, interested only in maintaining their investment performance over the next quarter, were willing abettors. The ‘croupiers’ of Wall Street, also know as investment bankers, whipped up the euphoria and peddled to investors superficially plausible stories, ‘MacGuffins’, in order to generate huge fees for themselves. As a result, by the turn of the century almost the entire investment community had become fixated with chasing short-term profits at the expense of long-term returns for clients. By the end of 2002 this cynical game had ended in investment disaster- the world’s stock markets having produced more than $15 trillion of losses since their peak. Yet to a large extent, the outcome was predictable to those investors who had retained a disciplined approach to investment analysis throughout the bull market. This book introduces the ‘capital cycle’ approach to investment - an approach that brings together ideas from the fields of behavioral finance, economic theory and business analysis. Capital cycle analysis - based on the apparently simple insight that investor euphoria leads to excessive investment in the real world and subsequent poor returns for shareholders - enabled Marathon to identify at an early stage the inevitable collapse of the technology and telecoms bubble.Finished re-reading and taking notes from these classic texts. Educating and reminding oneself about capital cycle theory is vital for maintaining prudence and discipline during euphoric phases in bull markets. Highly recommended reading in the current times! https://t.co/lqk3roNosr
Capital Returns
Edward Chancellor
This book uses numerous examples to demonstrate how the capital cycle approach to investments works, and how it has provided investors with market-beating returns over the past decade.Finished re-reading and taking notes from these classic texts. Educating and reminding oneself about capital cycle theory is vital for maintaining prudence and discipline during euphoric phases in bull markets. Highly recommended reading in the current times! https://t.co/lqk3roNosr
The Minimalist Entrepreneur
Sahil Lavingia
A new roadmap for building sustainable startups that last beyond the hype. As more and more cracks form in the myth of the VC-funded, IPO-driven billion-dollar company--they're not profitable, and are unethically run to boot--entrepreneurs are seeking an alternative path to building useful, sustainable, and sane businesses. The Minimalist Startup is the manifesto for a new generation of entrepreneurs who would rather build great companies than big ones. In 2011, Sahil Lavingia left his position as the second hire at Pinterest to chase his own dream of founding a billion-dollar company. His startup, Gumroad, was growing quickly and raising venture capital easily. Gumroad, a platform connecting creators with sellers, seemed like it was on the road to unicorn status, with the fancy offices and rapid hiring to match. Until one quarter, when growth faltered, and everything crumbled. But Lavingia rebuilt Gumroad from the ground up. In contrast to the waste and hypergrowth-for-growth's sake mentality that characterized his first attempt, he became a minimalist entrepreneur. Weaving together his own experience at Gumroad with stories of other likeminded companies, he offers a new roadmap for entrepreneurs choosing to grow meaningfully over growing unsustainably. Unicorns are not the best or only path for a startup. The Minimalist Entrepreneur teaches founders how to resist investments that set you up to fail, run a tight ship amid the rise of the gig economy and remote work, develop and release products without failing fast or often, and how to get to profitability and stay there.Snagged @shl’s book. I spy Product Hunt in here. https://t.co/VUzzR8bsYb
Atomic Habits
James Clear
The #1 New York Times bestseller. Over 3 million copies sold! Tiny Changes, Remarkable Results No matter your goals, Atomic Habits offers a proven framework for improving--every day. James Clear, one of the world's leading experts on habit formation, reveals practical strategies that will teach you exactly how to form good habits, break bad ones, and master the tiny behaviors that lead to remarkable results. If you're having trouble changing your habits, the problem isn't you. The problem is your system. Bad habits repeat themselves again and again not because you don't want to change, but because you have the wrong system for change. You do not rise to the level of your goals. You fall to the level of your systems. Here, you'll get a proven system that can take you to new heights. Clear is known for his ability to distill complex topics into simple behaviors that can be easily applied to daily life and work. Here, he draws on the most proven ideas from biology, psychology, and neuroscience to create an easy-to-understand guide for making good habits inevitable and bad habits impossible. Along the way, readers will be inspired and entertained with true stories from Olympic gold medalists, award-winning artists, business leaders, life-saving physicians, and star comedians who have used the science of small habits to master their craft and vault to the top of their field. Learn how to: • make time for new habits (even when life gets crazy); • overcome a lack of motivation and willpower; • design your environment to make success easier; • get back on track when you fall off course; ...and much more. Atomic Habits will reshape the way you think about progress and success, and give you the tools and strategies you need to transform your habits--whether you are a team looking to win a championship, an organization hoping to redefine an industry, or simply an individual who wishes to quit smoking, lose weight, reduce stress, or achieve any other goal.Today I would like to share another book that I really enjoyed: ‘Atomic habits’. It taught me about the importance of small habits, consistency, time keeping, self-discipline, good planning, and preparation. All valuable lessons that help me to achieve my goals. https://t.co/dehXJneGaf
Law, Legislation and Liberty, Volume 1
F. A. Hayek
This volume represents the first section of F. A. Hayek's comprehensive three-part study of the relations between law and liberty. Rules and Order constructs the framework necessary for a critical analysis of prevailing theories of justice and of the conditions which a constitution securing personal liberty would have to satisfy.Reading list, math + law! The Hayek book is phenomenal, just getting started with the others. Always been interested in “law and economics” https://t.co/z0HU43QBg6
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.What are the books that made you better at 'business'? Define business however you like Here's my top 5 * Influence (@RobertCialdini) * The Effective Manager (@mahorstman) * The Goal (Goldratt) * The Mom Test (@robfitz ) * Thinking in Bets (@AnnieDuke) What are yours? https://t.co/2u4f72JoxK
Thinking in Bets
Annie Duke
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.What are the books that made you better at 'business'? Define business however you like Here's my top 5 * Influence (@RobertCialdini) * The Effective Manager (@mahorstman) * The Goal (Goldratt) * The Mom Test (@robfitz ) * Thinking in Bets (@AnnieDuke) What are yours? https://t.co/2u4f72JoxK
The Complacent Class
Tyler Cowen
"Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs. The problem, according to ... Tyler Cowen, is that Americans today have broken from this tradition--we're working harder than ever to avoid change ... Cowen [believes that] there are significant collateral downsides attending this comfort, among them heightened inequality and segregation and decreased incentives to innovate and create"--Amazon.com.Zero to One, The Complacent Class, Alexander Field’s book on the 1930s economy https://t.co/kZptfsEmyh
Wanting
Luke Burgis
Really enjoyed this book by @lukeburgis. "When a person’s identity becomes completely tied to a mimetic model, they can never truly escape that model because doing so would mean destroying their own reason for being." https://t.co/WJafDcZiof
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.How have I not heard of this book before? definitely a contender for the highest substance-to-book-cover-vibes ratio https://t.co/ggOMW6sK7J
Special Strength Training
Yuri Verkhoshansky
From a leading scientist and expert in sport training comes the most completeand up-to-date book in Special Strength Training (SST).Source: https://t.co/PF9JNPx7JU
The Great Crash 1929
John Kenneth Galbraith
Presents a study of the stock market crash of 1929 that reveals the influential role of Wall Street on the economic growth of America.@slimVic89 This is a good one https://t.co/jmudNzploo
Private Truths, Public Lies
Timur Kuran
Preface Living a Lie The Significance of Preference Falsification Private and Public Preferences Private Opinion, Public Opinion The Dynamics of Public Opinion Institutional Sources of Preference Falsification Inhibiting Change Collective Conservatism The Obstinacy of Communism The Ominous Perseverance of the Caste System The Unwanted Spread of Affirmative Action Distorting Knowledge Public Discourse and Private Knowledge The Unthinkable and the Unthought The Caste Ethic of Submission The Blind Spots of Communism The Unfading Specter of White Racism Generating Surprise Unforeseen Political Revolutions The Fall of Communism and Other Sudden Overturns The Hidden Complexities of Social Evolution From Slavery to Affirmative Action Preference Falsification and Social Analysis Notes Index.Actions are in general more costly than words, but not always. In communist countries, there were plenty of things you couldn't say without punishment, but that you could act on, kind of. Public lies, private truths. https://t.co/gRLWwZV5Ie
The Wealth of Networks
Yochai Benkler
Describes how patterns of information, knowledge, and cultural production are changing. The author shows that the way information and knowledge are made available can either limit or enlarge the ways people create and express themselves. He describes the range of legal and policy choices that confront.Book 27 Lesson: There are two primitive rewards for human beings in a social structure: economic standing and social standing, both measures of one's capacity to mobilize resources in said social context. https://t.co/NhLj9XNV79
System Error
Rob Reich
A forward-thinking manifesto from three Stanford professors--experts who have worked at ground zero of the tech revolution for decades--which reveals how big tech's obsession with optimization and efficiency has sacrificed fundamental human values and outlines steps we can take to change course, renew our democracy, and save ourselves. In no more than the blink of an eye, a naïve optimism about technology's liberating potential has given way to a dystopian obsession with biased algorithms, surveillance capitalism, and job-displacing robots. Yet too few of us see any alternative to accepting the onward march of technology. We have simply accepted a technological future designed for us by technologists, the venture capitalists who fund them, and the politicians who give them free rein. It doesn't need to be this way. System Error exposes the root of our current predicament: how big tech's relentless focus on optimization is driving a future that reinforces discrimination, erodes privacy, displaces workers, and pollutes the information we get. This optimization mindset substitutes what companies care about for the values that we as a democratic society might choose to prioritize. Well-intentioned optimizers fail to measure all that is meaningful and, when their creative disruptions achieve great scale, they impose their values upon the rest of us. Armed with an understanding of how technologists think and exercise their power, three Stanford professors--a philosopher working at the intersection of tech and ethics, a political scientist who served under Obama, and the director of the undergraduate Computer Science program at Stanford (also an early Google engineer)--reveal how we can hold that power to account. Troubled by the values that permeate the university's student body and its culture, they worked together to chart a new path forward, creating a popular course to transform how tomorrow's technologists approach their profession. Now, as the dominance of big tech becomes an explosive societal conundrum, they share their provocative insights and concrete solutions to help everyone understand what is happening, what is at stake, and what we can do to control technology instead of letting it control us.i would like to recommend this book to everyone in tech and whose life is affected by tech, ie, everyone https://t.co/DKX2f8QLr6 @mehran_sahami @robreich https://t.co/Kp5J9hoXNR
The Coaching Habit
Michael Bungay Stanier
Coaching is an essential skill for leaders. But for most busy, overworked managers, coaching employees is done badly, or not at all. They're just too busy, and it's too hard to change. But what if managers could coach their people in 10 minutes or less? In Michael Bungay Stanier's The Coaching Habit, coaching becomes a regular, informal part of your day so managers and their teams can work less hard and have more impact. Coaching is an art and it's far easier said than done. It takes courage to ask a question rather than offer up advice, provide an answer, or unleash a solution. Giving another person the opportunity to find their own way, make their own mistakes, and create their own wisdom is both brave and vulnerable. It can also mean unlearning our ''fix it'' habits. In this practical and inspiring book, Michael shares seven transformative questions that can make a difference in how we lead and support. And, he guides us through the tricky part - how to take this new information and turn it into habits and a daily practice. -Brené Brown, author of Rising Strong and Daring Greatly Drawing on years of experience training more than 10,000 busy managers from around the globe in practical, everyday coaching skills, Bungay Stanier reveals how to unlock your peoples' potential. He unpacks seven essential coaching questions to demonstrate how---by saying less and asking more--you can develop coaching methods that produce great results. - Get straight to the point in any conversation with The Kickstart Question - Stay on track during any interaction with The AWE Question - Save hours of time for yourself with The Lazy Question, and hours of time for others with The Strategic Question - Get to the heart of any interpersonal or external challenge with The Focus Question and The Foundation Question - Finally, ensure others find your coaching as beneficial as you do with The Learning Question A fresh, innovative take on the traditional how-to manual, the book combines insider information with research based in neuroscience and behavioural economics, together with interactive training tools to turn practical advice into practiced habits. Dynamic question-and-answer sections help identify old habits and kick-start new behaviour, making sure you get the most out of all seven chapters. Witty and conversational, The Coaching Habit takes your work--and your workplace--from good to great.Move
Parag Khanna
"In the 60,000 years since people began colonizing the continents, a continuous feature of human civilization has been mobility. History is replete with seismic global events-pandemics and plagues, wars and genocides. Each time, after a great catastrophe, our innate impulse toward physical security compels us to move. The map of humanity isn't settled-not now, not ever. The filled-with-crises 21st century promises to contain the most dangerous and extensive experiment humanity has ever run on itself: As climates change, pandemics arrive, and economies rise and fall, which places will people leave and where will they resettle? Which countries will accept or reject them? How will the billions alive today, and the billions coming, paint the next map of human geography? Until now, the study of human geography and migration has been like a weather forecast. Move delivers an authoritative look at the "climate" of migration, the deep trends that will shape the grand economic and security scenarios of the future. For readers, it will be a chance to identify their location on humanity's next map"--From @paragkhanna’s new book, Move. https://t.co/JsgqiywjNu
Human Powered
Trenton Moss
Working in a digital product environment? 85% of job success comes from well‐developed people skills. The greater your skills in leadership, emotional intelligence and resilience, the more likely you are to succeed. Human Powered is a concise and accessible guide that will help you collaboratively solve problems, resolve conflict and inspire others. Get everyone doing this and you'll have truly high-performing digital product teams. This book will show you how to: Influence, persuade and show true leadership to stakeholders, regardless of where you sit in the hierarchy Communicate in ways that make everyone in your team feel unstoppable, and enhance team performance Take responsibility for your job and workplace relationships as you've never done before Develop the emotional intelligence and people skills to transform your working life and supercharge your performance Gain lifelong people skills that you can use for the rest of your career Get access to more resources at www.humanpoweredbook.com.The Geometry of Wealth
Brian Portnoy
How does money figure into a happy life? In The Geometry of Wealth, behavioral finance expert Brian Portnoy delivers an inspired answer, building on the critical distinction between being rich and being wealthy. While one is an unsatisfying treadmill, the other is the ability to underwrite a meaningful life, however one chooses to define that. Truly viewed, wealth is funded contentment. At the heart of this groundbreaking perspective, Portnoy takes readers on a journey toward wealth, informed by disciplines ranging from ancient history to modern neuroscience. He contends that tackling the big questions about a joyful life and tending to financial decisions are complementary, not separate, tasks. These big questions include: • How is the human brain wired for two distinct experiences of happiness? And why can money “buy” one but not the other? • What are the touchstones of a meaningful life, and are they affordable? • Why is market savvy among the least important sources of wealth but self-awareness is among the most? • How does one strike a balance between striving for more while being content with enough? This journey memorably contours along three basic shapes: A circle, triangle and square help us to visualize how we adapt to evolving circumstances, set clear priorities, and find empowerment in simplicity. In this accessible and entertaining book, Portnoy reveals that true wealth is achievable for many - including those who despair it is out of reach - but only in the context of a life in which purpose and practice are thoughtfully calibrated.Book 26 Lesson: A healthier relationship with money can be reached by orienting priorities and expectations toward specific sources of contentment you could fund with wealth. https://t.co/4MIlSVhi8d
The Minimalist Entrepreneur
Sahil Lavingia
A new roadmap for building sustainable startups that last beyond the hype. As more and more cracks form in the myth of the VC-funded, IPO-driven billion-dollar company--they're not profitable, and are unethically run to boot--entrepreneurs are seeking an alternative path to building useful, sustainable, and sane businesses. The Minimalist Startup is the manifesto for a new generation of entrepreneurs who would rather build great companies than big ones. In 2011, Sahil Lavingia left his position as the second hire at Pinterest to chase his own dream of founding a billion-dollar company. His startup, Gumroad, was growing quickly and raising venture capital easily. Gumroad, a platform connecting creators with sellers, seemed like it was on the road to unicorn status, with the fancy offices and rapid hiring to match. Until one quarter, when growth faltered, and everything crumbled. But Lavingia rebuilt Gumroad from the ground up. In contrast to the waste and hypergrowth-for-growth's sake mentality that characterized his first attempt, he became a minimalist entrepreneur. Weaving together his own experience at Gumroad with stories of other likeminded companies, he offers a new roadmap for entrepreneurs choosing to grow meaningfully over growing unsustainably. Unicorns are not the best or only path for a startup. The Minimalist Entrepreneur teaches founders how to resist investments that set you up to fail, run a tight ship amid the rise of the gig economy and remote work, develop and release products without failing fast or often, and how to get to profitability and stay there.@nixcraft https://t.co/4iz6I0aSK0
The Second Machine Age
Erik Brynjolfsson
A pair of technology experts describe how humans will have to keep pace with machines in order to become prosperous in the future and identify strategies and policies for business and individuals to use to combine digital processing power with human ingenuity.@eclabadie @VaclavSmil @erikbryn Excellent book I should have included.
The Intel Trinity
Michael S. Malone
The definitive history of the Intel Corporation—the essential company of the digital age—told through the lives of its three preeminent figures: Robert Noyce, Gordon Moore, and Andy Grove Intel has often been hailed as the most important company in the world, and with good reason: While technology companies come and go, Intel remains, more than four decades after its inception, a defining company of the global digital economy. The legendary inventor of the microprocessor—the single most significant product in the modern world—Intel today builds the tiny "engines" that power almost every intelligent electronic device on the planet. But the true story of Intel is the human story of the three geniuses behind it. In The Intel Trinity, Michael S. Malone takes an unflinching look at the strengths and weaknesses each member of the trio has brought to Intel, and how, without the perfect balance, the company would never have reached its current level of success. Robert Noyce, the most respected high- tech figure of his generation, brought credibility (and money) to the company's founding; Gordon Moore made Intel the world's technological leader; and Andy Grove relentlessly drove the company to ever-higher levels of success and competitiveness. Without any one of these figures, Intel would never have achieved its historic success; with them, Intel made possible the personal computer, the Internet, telecommunications, and the personal electronics revolution. Based on unprecedented access to corporate archives, The Intel Trinity reveals the fascinating stories behind the company's ubiquitous products and the unique business practices—including a willingness to commit to new ideas, an initiative to make bold investments in lean times, and a devotion to upholding Gordon Moore's namesake law—that led Intel to consistent success unheard of elsewhere in the tech world. The Intel Trinity is not just the story of Intel's legendary past; it is also an analysis of the formidable challenges that lie ahead as the company struggles to maintain its dominance, its culture, and its legacy.@nachkari 1. Soul of a New Machine 2. Where Wizards Stay Up Late 3. A Mind at Play 4. Books by Walter Isaacson like The Innovators, Jobs, DaVinci, Einstein and Franklin 5. Wright Brothers (McCullough) 6. Fire in the Valley 7. Intel Trinity 8. Edison https://t.co/D4jYgxsyef
Skin in the Game
Nassim Nicholas Taleb
From the bestselling author of The Black Swan, a bold book that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility 'Skin in the game means that you do not pay attention to what people say, only to what they do, and how much of their neck they are putting on the line' Citizens, artisans, police, fishermen, political activists and entrepreneurs all have skin in the game. Policy wonks, corporate executives, many academics, bankers and most journalists don't. It's all about having something to lose and sharing risks with others. In his most provocative and practical book yet, Nassim Nicholas Taleb shows that skin in the game, often seen as the foundation of risk management, in fact applies to all aspects of our lives. In his inimitable style, Taleb draws on everything from Antaeus the Giant to Hammurabi to Donald Trump, from ethics to used car salesmen, to create a jaw-dropping framework for understanding this idea. Among his insights: For social justice, focus on symmetry and risk sharing. Minorities, not majorities, run the world. You can be an intellectual yet still be an idiot. Beware of complicated solutions (that someone was paid to find). Just as The Black Swan did during the 2007 financial crisis, Skin in the Game comes at precisely the right moment to challenge our long-held beliefs about risk, reward, politics, religion and business - and make us rethink everything we thought we knew.@anafabrega11 @nntaleb One of the best books ever. Great thread!
- What would happen if everyone in your company followed a disciplined approach to cost reduction? Go ahead -- imagine it. What would it look like? How can it be done? The answer -- smart cost management. Effective cost management must start at the design stage. As much as 90-95% of a product's costs are added in the design process. That is why effective cost management programs focus on design and manufacturing. The primary cost management method to control cost during design is a combination of target costing and value engineering. Target Costing Objectives: Identify the cost at which your product must be manufactured at if it is to earn its profit margin at its expected target selling price. Break the target cost down to its component level and have your suppliers find ways to deliver the components they sell you at the set target prices while still making adequate returns. Value Engineering: The connection to function: An organized effort and team based approach to analyze the functions of goods and services that the design stage, and find ways to achieve those functions in a manner that allows the firm to meet its target costs. The result: Added value for your company (development costs on-line with added value for your company; development costs on-line with selling prices) and added value for your customer (higher quality products that meet, possibly even exceed, customer expectations.)
Atomic Habits
James Clear
James Clear presents strategies to form good habits, break bad ones, and master the tiny behaviors that help lead to an improved life.@plattttttttt @ezerfernandes The chart comes from Atomic Habits, an excellent book. Maybe, just maybe, a good way of trying to improve every day is not precisely to get up in arms against a motivational chart trying to discredit how mathematically realistic it is. I’d recommend you read the book.
Devil Take the Hindmost
Edward Chancellor
Examines stock market speculation since the seventeenth century, discussing the range of motivations of investors and the effects on economies throughout history.Reco reading for the long weekend. Both works are intricately related. Speculation drives debt drives speculation. The former is an imp work in the context of crypto which gets a bad rap as v speculation driven. Turns out propensity to trade & speculate are as old as civilisation https://t.co/CT07jGlpPc
Debt
David Graeber
Here anthropologist David Graeber presents a reversal of conventional wisdom. He shows that for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors. --Reco reading for the long weekend. Both works are intricately related. Speculation drives debt drives speculation. The former is an imp work in the context of crypto which gets a bad rap as v speculation driven. Turns out propensity to trade & speculate are as old as civilisation https://t.co/CT07jGlpPc
The Sovereign Individual
James Dale Davidson
The authors identify both the likely disasters and the potential for prosperity inherent in the advent of the information age.Book 25 Lesson: Social outcomes are shaped by technological and economic progress. Familiarity with the mechanics of a new technology doesn’t improve our ability to predict its ultimate implications. https://t.co/gB0xX99jID
The Charisma Myth
Olivia Fox Cabane
Demonstrates how to improve one's persuasive abilities, sharing tools originally developed for Harvard and MIT to explain the fundamental components of charisma, what it really is, and how it works.What books have you found to be most useful for product leaders? Please do share them below.
Competing Against Luck
Clayton M. Christensen
Competing Against Luck, for conceiving products & solutions that resonate with customers (and understanding the importance of creativity in product work) https://t.co/dTILEgiCFk
The Charisma Myth
Olivia Fox Cabane
Demonstrates how to improve one's persuasive abilities, sharing tools originally developed for Harvard and MIT to explain the fundamental components of charisma, what it really is, and how it works.The Charisma Myth, for presence, communication, influence https://t.co/CU8s2tqxyk
Principles
Ray Dalio
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.Principles, for operating & setting culture https://t.co/kNzGu3w2wX
Understanding Michael Porter
Joan Magretta
Examines and explains the revolutionary business frameworks of Michael Porter, with examples to illustrate and update Porter's ideas for achieving and sustaining competitive success.4) Understanding Michael Porter, for product strategy https://t.co/Y3GrPjMVEo
Thinking, Fast and Slow
Daniel Kahneman
A psychologist draws on years of research to introduce his "machinery of the mind" model on human decision making to reveal the faults and capabilities of intuitive versus logical thinking.Most cited investment books by decade: 1990s: One Up on Wall Street (stock pickers) 2000s: The Intelligent Investor (value investors) 2010s: Thinking Fast & Slow (behavioral/index investing) 2020s: Sapiens (crypto)
Wanting
Luke Burgis
Interesting idea from @lukeburgis, from his book “Wanting:” Act as if your behavior influences what those around you want or desire, because it does. https://t.co/AUm6jVq55C
Alchemy
Rory Sutherland
The legendary advertising guru—Ogilvy UK’s vice chairman—and star of three massively popular TED Talks, blends the science of human behavior with his vast experience in the art of persuasion in this incomparable book that decodes successful branding and marketing in the vein of Freakonomics, Thinking Fast and Slow, and The Power of Habit. When Rory Sutherland was a trainee working on a direct mail campaign at the famed advertising firm OgilvyOne, he noticed that very small changes in design often had immense effects on the number of consumer responses. Yet no one he worked with knew why. Sutherland began taking stock of each effective yet nebulous trick—”the thing which has no name”—he discovered. As he rose in the advertising industry, he began to understand why these things had no name: no one was interested in quantifying them, cataloguing them, or really investigating them. So, he did it himself. Like classic behavioral economists Daniel Kahneman and Richard Thaler, Sutherland peels away hidden, often irrational human behaviors that explain how the world around us functions. In How to Be an Alchemist he examines why certain ads work and the broader truths they tell us about who we are. Why do people prefer stripy toothpaste, and how might that help us design retirement plans that young people would actually buy? Why do we think orange juice is healthy, and how does the same principle guide our feelings about nuclear reactors? Why do budget airlines advertise services they don’t offer—and what might insurance companies learn from them about keeping healthcare costs low? Filled with startling and profound conclusions, Sutherland’s journey through the world of advertising and its surprising lessons for human behavior is insightful, brilliant, eye-opening, and irresistibly fun.Trying to make sense of consumer behavior through a rationalist frame work is a losing game Rory Sutherland wrote the best book I’ve ever read on this intersection of psychology, sales, business, and decision making https://t.co/aO6d1IGboR
The Cold Start Problem
Andrew Chen
A venture capitalist draws on expertise developed at the premier venture capital firm, Andreessen Horowitz, and as an executive at Uber to address how tech's most successful products have solved the dreaded "cold start problem"--by leveraging networks effects to launch and scale towards billions of users. Although software has become easier to build, launching and scaling new products and services remains difficult. Startups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of "the network effect," where a product or service's value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them, whether they're messaging apps, workplace collaboration tools, or marketplaces. Network effects provide a path for fledgling products to break through, attracting new users through viral growth and word of mouth. Yet most entrepreneurs lack the vocabulary and context to describe them--much less understand the fundamental principles that drive the effect. What exactly are network effects? How do teams create and build them into their products? How do products compete in a market where every player has them? Andrew Chen draws on his experience and on interviews with the CEOs and founding teams of LinkedIn, Twitch, Zoom, Dropbox, Tinder, Uber, Airbnb, Pinterest -- to provide unique insights in answering these questions. Chen also provides practical frameworks and principles that can be applied across products and industries. The Cold Start Problem reveals what makes winning networks successful, why some startups fail to successfully scale, and most crucially, why products that create and compete using the network effect are vitally important today.I’ve already had the privilege of reading @andrewchen’s new book and it’s fantastic! Required reading for anyone aspiring to build a network effects driven business. Pre-order now! https://t.co/m25QAPfHBB
Warren Buffett
Robert G. Hagstrom
In Warren Buffett: Inside the Ultimate Money Mind, Hagstrom breaks new ground with a deep analysis of Buffett’s essential wisdom, an intricate mosaic of wide-ranging ideas and insights that Buffett calls a Money Mind. What exactly is a Money Mind? At one level, it’s a way of thinking about major financial issues such as capital allocation. At another level, it summarizes an overall mindset for successfully investing in today’s fast-paced stock market, a mindset that depends on a commitment to learning, adapting, and facing down irrelevant noise. This is not a method book. It is a thinking book. Warren Buffett: Inside the Ultimate Money Mind explains the philosophies of self-reliance, stoicism, rationalism, and pragmatism and their contributions to making intelligent investment decisions. It also outlines the evolution of value investing, discusses how to develop a business-driven investing mindset, and describes the defining traits of successful active management. Lastly, it examines the surprising aspects of a Money Mind – sportsman, teacher, and artist. In short, Warren Buffett: Inside the Ultimate Money Mind helps readers understand the building blocks that go into making a Money Mind so they can begin to incorporate its principles in the service to a life of value. Testimonials “An erudite masterpiece…” Lawrence A. Cunningham “It’s another must read…” Bethany McLean “Pure Genius. This is a game changer in investment books…” Robert P. Miles “Effervescence and thoughtful analysis of Buffett’s life and work…” Tom Gayner “Hagstrom’s books always enable readers to think about the world in new ways…” Tren GriffinI also read in galley format: "Warren Buffett: Inside the Ultimate Money Mind" My back book cover blurb: "Robert Hagstrom’s books always enable readers to think about the world in new ways." Tren Griffin, author, Charlie Munger: The Complete Investor https://t.co/jK4zi8RUfB
How Not to Be Wrong
Jordan Ellenberg
"Using the mathematician's method of analyzing life and exposing the hard-won insights of the academic community to the layman, minus the jargon ... Ellenberg pulls from history as well as from the latest theoretical developments to provide those not trained in math with the knowledge they need"--@singareddynm @adeets_22 @pamelamishkin Loved the Ellenberg book
Continuous Discovery Habits
Teresa Torres
Obviously I'm more than a little biased, but I truly believe this is the right 3 books for aspiring strong product people to get their career started in the right direction: https://t.co/bPBwcCaeZI
23 Things They Don't Tell You About Capitalism
Ha-Joon Chang
Challenges popular misconceptions while making startling revelations about free-market practices, explaining the author's views on global capitalism dynamics while making recommendations for reshaping capitalism to humane ends.@buzz I recommend the whole book. https://t.co/mbv7ZBEQXz
The Innovator's Dilemma
Clayton M. Christensen
The bestselling classic on disruptive innovation, by renowned author Clayton M. Christensen. His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell. In this classic bestseller--one of the most influential business books of all time--innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right--yet still lose market leadership. Christensen explains why most companies miss out on new waves of innovation. No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices. Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation. Sharp, cogent, and provocative--and consistently noted as one of the most valuable business ideas of all time--The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without.@sagar__dubey The TAM of the startup sector is miniscule compared to large enterprises, is the counter argument. This book gave me the answer to why the TAM being miniscule does not matter.
Limits
Giorgos Kallis
I like this video but it can't do justice to @g_kallis's marvelous book Limits. The fact that as people grow wealthier they choose to have fewer children is one obvious refutation of the cartoon version of Malthus, but this book offers so much more. Must read. 5 stars! https://t.co/e0XXahfgCd
The Complacent Class
Tyler Cowen
. @tylercowen | The Complacent Class As upshaking as I remembered. https://t.co/1TjBjDGCm0
How to Decide
Annie Duke
Through a blend of compelling exercises, illustrations, and stories, this workbook by the bestselling author of Thinking in Bets will train you to combat your own biases, address your weaknesses, and help you become a better and more confident decision-maker. What do you do when you're faced with a big decision? If you're like most people, you use a pro and con list, spend a lot of time second guessing or regretting decisions that don't work out, get caught in analysis paralysis, endlessly seeking other people's opinions and trying to find just that little bit more information that might make you sure, or you do the opposite and just go with your gut feeling. But this is exactly the wrong way to go about combating the biases working against you. What if there was a better way to make quality decisions so you can think clearly, feel more confident, second guess yourself less, and ultimately be more decisive and be more productive? The good news is that decision-making is not a matter of luck or smarts, but a teachable skill that anyone can get better at. And the great news is that even a small improvement in decision-making will make a huge impact on your life. In How to Decide, bestselling author and former professional poker player Annie Duke lays out a series of tools anyone can use to make better decisions. You'll learn how to identify and dismantle hidden biases and accept that you can rarely be certain of how things will turn out. Through practical exercises and engaging thought experiments, this book helps you analyze key decisions you've made in the past and troubleshoot those you're making in the future. Whether you're picking investments, evaluating a job offer, or trying to figure out your romantic life, this book is the key to happier outcomes and fewer regrets.Enjoyed reading this great book on decision making by @AnnieDuke. https://t.co/aDEpkGNXhs
Team Topologies
Matthew Skelton
In Team Topologies IT consultants Matthew Skelton and Manuel Pais share secrets of successful team patterns and interactions for IT through four fundamental team topologies and three interaction modes.@onejamesbrowne @imHashim Terrific book
The Good Fight
Liane Davey
More productivity. Less drama. It all starts with a healthy conflict culture. In the modern workplace, conflict has become a dirty word. After all, conflict is antithetical to teamwork, employee engagement, and a positive company culture. Or is it? The truth is that our teams and organizations require conflict to get things done. But we avoid conflict and build up conflict debt by deferring and dodging the difficult decisions. Our organizations are paying the price--becoming less productive, less innovative, and less competitive. Individuals are paying, too--suffering from overwhelming workloads, endless drama, and sleepless nights. In The Good Fight, Liane Davey shows you how to create the productive conflict your organization needs to get along and get stuff done. Drawing on her twenty-year career as an advisor to the C-Suite, Davey shares real-world examples and practical tools you and your team can use to handle even the most contentious conflicts as allies--instead of adversaries. Filled with strategies you'll use again and again, The Good Fight is an essential field guide for leaders at all levels.Good to Great
Jim Collins
The Challenge Built to Last, the defining management study of the nineties, showed how great companies triumph over time and how long-term sustained performance can be engineered into the DNA of an enterprise from the verybeginning. But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness? The Study For years, this question preyed on the mind of Jim Collins. Are there companies that defy gravity and convert long-term mediocrity or worse into long-term superiority? And if so, what are the universal distinguishing characteristics that cause a company to go from good to great? The Standards Using tough benchmarks, Collins and his research team identified a set of elite companies that made the leap to great results and sustained those results for at least fifteen years. How great? After the leap, the good-to-great companies generated cumulative stock returns that beat the general stock market by an average of seven times in fifteen years, better than twice the results delivered by a composite index of the world's greatest companies, including Coca-Cola, Intel, General Electric, and Merck. The Comparisons The research team contrasted the good-to-great companies with a carefully selected set of comparison companies that failed to make the leap from good to great. What was different? Why did one set of companies become truly great performers while the other set remained only good? Over five years, the team analyzed the histories of all twenty-eight companies in the study. After sifting through mountains of data and thousands of pages of interviews, Collins and his crew discovered the key determinants of greatness -- why some companies make the leap and others don't. The Findings The findings of the Good to Great study will surprise many readers and shed light on virtually every area of management strategy and practice. The findings include: Level 5 Leaders: The research team was shocked to discover the type of leadership required to achieve greatness. The Hedgehog Concept (Simplicity within the Three Circles): To go from good to great requires transcending the curse of competence. A Culture of Discipline: When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great results. Technology Accelerators: Good-to-great companies think differently about the role of technology. The Flywheel and the Doom Loop: Those who launch radical change programs and wrenching restructurings will almost certainly fail to make the leap. “Some of the key concepts discerned in the study,” comments Jim Collins, "fly in the face of our modern business culture and will, quite frankly, upset some people.” Perhaps, but who can afford to ignore these findings?For more, I highly recommend the books below: Good to Great: https://t.co/JqOrlh9rPn On Grand Strategy: https://t.co/ICCfOLzOh4 The Hedgehog and the Fox: https://t.co/j78kbgIVTF
- An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution—the Value Creation Report—and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation.
@laurenmwhite That book is quite interesting!
More Than You Know
Michael J. Mauboussin
My process was the mistake. Sometimes you have a good outcome with a bad process and sometimes you have a good outcome with a bad process. "The best long-term performers in any probabilistic field -- such as investing... emphasize process over outcome." https://t.co/V5xj8EBrpq https://t.co/jHqkZNs0F6
Arts and Minds
Anton Howes
"For almost 300 years, an organisation has quietly tried to change almost every aspect of life in Britain. That organisation is the Royal Society for the Encouragement of Arts, Manufactures and Commerce, often known simply as the Royal Society of Arts. It has acted as Britain's private national improvement agency, in every way imaginable - essentially, a society for the improvement of everything and anything. This book is its history. From its beginnings in a coffee house in the mid-eighteenth century, the Society has tried to change Britain's art, industry, laws, music, environment, education, and even culture. It has sometimes even succeeded. It has been a prize-fund for innovations, a platform for Victorian utilitarian reformers, a convenor of disparate interest groups, and the focal point for social movements. There has never been an organisation quite like it, constantly having to reinvent itself to find something new to improve. The book rewrites many of the old official histories of the Society and updates them to the present day, incorporating over half a century of further research into the periods they covered, along with new insights into the organisation's evolution. The book reveals the hidden and often surprising history of how a few public-spirited people tried to make their country better, offering lessons from their triumphs and their failures for all would-be reformers today"--This book is fucking amazing (sorry but there’s no better way to put it) https://t.co/Vql54DvVFo
American Colossus
H. W. Brands
From bestselling historian H. W. Brands, a sweeping chronicle of how a few wealthy businessmen reshaped America from a land of small farmers and small businessmen into an industrial giant.@generativist https://t.co/Nmp9MFJITY
Confessions of a Public Speaker
Scott Berkun
In this hilarious and highly practical book, author and professional speaker Scott Berkun reveals the techniques behind what great communicators do, and shows how anyone can learn to use them well. For managers and teachers -- and anyone else who talks and expects someone to listen -- Confessions of a Public Speaker provides an insider's perspective on how to effectively present ideas to anyone. It's a unique, entertaining, and instructional romp through the embarrassments and triumphs Scott has experienced over 15 years of speaking to crowds of all sizes. With lively lessons and surprising confessions, you'll get new insights into the art of persuasion -- as well as teaching, learning, and performance -- directly from a master of the trade. Highlights include: Berkun's hard-won and simple philosophy, culled from years of lectures, teaching courses, and hours of appearances on NPR, MSNBC, and CNBC Practical advice, including how to work a tough room, the science of not boring people, how to survive the attack of the butterflies, and what to do when things go wrong The inside scoop on who earns $30,000 for a one-hour lecture and why The worst -- and funniest -- disaster stories you've ever heard (plus countermoves you can use) Filled with humorous and illuminating stories of thrilling performances and real-life disasters, Confessions of a Public Speaker is inspirational, devastatingly honest, and a blast to read.@kennethn @berkun's Confessions of a Public Speaker https://t.co/9SEMPj7Rmh
Million Dollar Consulting
Alan Weiss
Build a thriving consultancy with the updated edition of this classic bestseller Having inspired generations of consultants and entrepreneurs around the world, the “Rock Star of Consulting” Alan Weiss returns with a revised and completely updated edition of his authoritative guide to consulting success. Weiss provides his time-tested model on creating a flourishing consulting business, while incorporating and focusing on the many dynamic changes in solo and boutique consulting, coaching, and entrepreneurship. In addition to guidance on raising capital, attracting clients, and creating a marketing plan, he also gives brand new step-by-step advice on: • Harnessing today’s global opportunities • Developing brands across markets • Creating and licensing intellectual property • Avoiding the pitfalls of social media • Landing unsolicited referrals through counterintuitive methods • Managing and organizing your time wisely • Succeeding in the face of continuing turbulence Find out why this book has been the classic go-to for consultants for nearly twenty-five years, and learn how to grow your business into a $1 million-per-year firm today!@Producthoe Contracts with revision counts are important. This is my favorite book on the topic of consulting. https://t.co/sUJiW51ZSa
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.@MilindMehere One of my favorite books!
The Truth Machine
Paul Vigna
The authors explain both the technical and business-relevant concepts that blockchain technology affords digital security.I recall someone once wrote a good book on this! @paulvigna @mikejcasey https://t.co/JWqKd68Ksh
No Filter
Sarah Frier
Award-winning reporter Sarah Frier reveals an inside, never-before-told, behind-the-scenes look at how Instagram defied the odds to become one of the most culturally defining apps of the decade. Since its creation in 2010, Instagram’s fun and simple interface has captured our collective imagination, swiftly becoming a way of life. In No Filter: The Inside Story of Instagram, technology reporter Sarah Frier explains how Instagram’s founders married art and technology to overcome skeptics and to hook the public on visual storytelling. At first, Instagram initially attracted artisans, but then the platform exploded in popularity among the masses, creating an entire industry of digital influencers that’s now worth tens of billions of dollars. Eighteen months after Instagram’s launch and explosive growth, the founders—Kevin Systrom and Mike Krieger—made the gut-wrenching decision to sell the company to Facebook. For most companies, that would be the end of the story; but for Instagram, it was only the beginning. Instagram borrowed some lessons from Facebook and rejected others, until eventually its success stirred tension with Facebook’s CEO Mark Zuckerberg, just as Facebook became embroiled in a string of public crises. Frier unearths the details that led to the cofounders’ departure, bringing to light dramatic moments unknown to the public until now. At its heart, No Filter draws on unprecedented exclusive access—from the founders of Instagram, as well as employees, executives, and competitors; hedge fund billionaire Ray Dalio; Anna Wintour of Vogue; Kris Jenner of the Kardashian-Jenner empire; and a plethora of influencers, from fashionistas with millions of followers to owners of famous dogs worldwide—to show how Instagram has fundamentally changed the way we communicate, shop, eat, and travel. The book brings readers inside users’ strategies to craft their personal image and fame, explaining how the company’s product decisions have affected the structure of our society. From teenagers to the pope, No Filter tells the captivating story of how Instagram not only created a new industry but also changed our lives.Here are some more recent-ish reads that I liked or found valuable off the top of my head: - Creative Quest- Empires of Light - Think Again - Tiger Woods - Boom Town - Liftoff - A Promised Land - No Filter - Becoming - That Will Never Work - The Ride of a Lifetime
Priceless
William Poundstone
Prada stores carry a few obscenely expensive items in order to boost sales for everything else (which look like bargains in comparison). People used to download music for free, then Steve Jobs convinced them to pay. How? By charging 99 cents. That price has a hypnotic effect: the profit margin of the 99 Cents Only store is twice that of Wal-Mart. Why do text messages cost money, while e-mails are free? Why do jars of peanut butter keep getting smaller in order to keep the price the "same"? The answer is simple: prices are a collective hallucination. In Priceless, the bestselling author William Poundstone reveals the hidden psychology of value. In psychological experiments, people are unable to estimate "fair" prices accurately and are strongly influenced by the unconscious, irrational, and politically incorrect. It hasn't taken long for marketers to apply these findings. "Price consultants" advise retailers on how to convince consumers to pay more for less, and negotiation coaches offer similar advice for businesspeople cutting deals. The new psychology of price dictates the design of price tags, menus, rebates, "sale" ads, cell phone plans, supermarket aisles, real estate offers, wage packages, tort demands, and corporate buyouts. Prices are the most pervasive hidden persuaders of all. Rooted in the emerging field of behavioral decision theory, Priceless should prove indispensable to anyone who negotiates.Every year, I respect marketing, messaging, sales, and communications more Best books: - Pitch Anything (Klaff) - Nobody Wants to Read Your Sh*t (Pressfield) - Positioning (Ries, Trout) - Influence (Cialdini) - Scientific Advertising (Hopkins) - Priceless (Poundstone)
Positioning
Al Ries
The first book to deal with the problems of communicating to a skeptical, media-blitzed public, Positioning describes a revolutionary approach to creating a "position" in a prospective customer's mind-one that reflects a company's own strengths and weaknesses as well as those of its competitors. Writing in their trademark witty, fast-paced style, advertising gurus Ries and Trout explain how to: Make and position an industry leader so that its name and message wheedles its way into the collective subconscious of your market-and stays there Position a follower so that it can occupy a niche not claimed by the leader Avoid letting a second product ride on the coattails of an established one. Positioning also shows you how to: Use leading ad agency techniques to capture the biggest market share and become a household name Build your strategy around your competition's weaknesses Reposition a strong competitor and create a weak spot Use your present position to its best advantage Choose the best name for your product Determine when-and why-less is more Analyze recent trends that affect your positioning. Ries and Trout provide many valuable case histories and penetrating analyses of some of the most phenomenal successes and failures in advertising history. Revised to reflect significant developments in the five years since its original publication, Positioning is required reading for anyone in business today.“Positioning” is one of the most important books I’ve read. “The basic idea is not to create something new and different, but to manipulate what’s already in the mind, to retie the connections that already exist.” E.g. this is how we came up with the term “Custom Indexing” https://t.co/vJpIZoep1Z
Radical Markets
Eric A. Posner
Revolutionary ideas on how to use markets to bring about fairness and prosperity for all Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking—and pretty much all conventional thinking about markets, both for and against—on its head. The book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation. Eric Posner and Glen Weyl demonstrate why private property is inherently monopolistic, and how we would all be better off if private ownership were converted into a public auction for public benefit. They show how the principle of one person, one vote inhibits democracy, suggesting instead an ingenious way for voters to effectively influence the issues that matter most to them. They argue that every citizen of a host country should benefit from immigration—not just migrants and their capitalist employers. They propose leveraging antitrust laws to liberate markets from the grip of institutional investors and creating a data labor movement to force digital monopolies to compensate people for their electronic data. Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition—Radical Markets shows how.I first learned about quadratic voting in that wonderful book "radical markets". A must-read for anyone who wants to refactor civilization.
Ask Iwata
Hobonichi
"On my business card, I am a corporate president. In my mind, I am a game developer. But in my heart, I am a gamer." --Satoru Iwata Satoru Iwata was the former Global President and CEO of Nintendo and a gifted programmer who played a key role in the creation of many of the world's best-known games. He led the production of innovative platforms such as the Nintendo DS and the Wii, and laid the groundwork for the development of the wildly successful Pokémon Go game and the Nintendo Switch. Known for his analytical and imaginative mind, but even more for his humility and people-first approach to leadership, Satoru Iwata was beloved by game fans and developers worldwide. In this motivational collection, Satoru Iwata addresses diverse subjects such as locating bottlenecks, how success breeds resistance to change, and why programmers should never say no. Drawn from the "Iwata Asks" series of interviews with key contributors to Nintendo games and hardware, and featuring conversations with renowned Mario franchise creator Shigeru Miyamoto and creator of EarthBound Shigesato Itoi, Ask Iwata offers game fans and business leaders an insight into the leadership, development and design philosophies of one of the most beloved figures in gaming history.Book 12 Lesson: Creativity is an expression of the ego. https://t.co/uFsQJDOAuZ
The Startup Owner's Manual
Steve Blank
More than 100,000 entrepreneurs rely on this book for detailed, step-by-step instructions on building successful, scalable, profitable startups. The National Science Foundation pays hundreds of startup teams each year to follow the process outlined in the book, and it's taught at Stanford, Berkeley, Columbia and more than 100 other leading universities worldwide. Why? The Startup Owner's Manual guides you, step-by-step, as you put the Customer Development process to work. This method was created by renowned Silicon Valley startup expert Steve Blank, co-creator with Eric Ries of the "Lean Startup" movement and tested and refined by him for more than a decade. This 608-page how-to guide includes over 100 charts, graphs, and diagrams, plus 77 valuable checklists that guide you as you drive your company toward profitability. It will help you: • Avoid the 9 deadly sins that destroy startups' chances for success • Use the Customer Development method to bring your business idea to life • Incorporate the Business Model Canvas as the organizing principle for startup hypotheses • Identify your customers and determine how to "get, keep and grow" customers profitably • Compute how you'll drive your startup to repeatable, scalable profits. The Startup Owners Manual was originally published by K&S Ranch Publishing Inc. and is now available from Wiley. The cover, design, and content are the same as the prior release and should not be considered a new or updated product.@KrystynaCoyle @malone_co @jjen_abel Yes! His book: https://t.co/zd45ns6wqf and his blog is great too: https://t.co/rTadgL6oVY
Tribal Leadership
Dave Logan
Every organization is composed of tribes—naturally occurring groups of between 20 and 150 people. Until now, only a few leaders could identify and develop their tribes, and those rare individuals were rewarded with loyalty, productivity, and industry-changing innovation. Tribal Leadership shows leaders how to assess, identify, and upgrade their tribes' cultures, one stage at a time. The result is an organization that can thrive in any economy.For founders transitioning to becoming managers. Here are three books worth reading. https://t.co/lf2dFVTnQs
High Output Management
Andrew S. Grove
The president of Silicon Valley's Intel Corporation sets forth the three basic ideas of his management philosophy and details numerous specific techniques to increase productivity in the manager's work and that of his colleagues and subordinatesFor founders transitioning to becoming managers. Here are three books worth reading. https://t.co/lf2dFVTnQs
Continuous Discovery Habits
Teresa Torres
Today Teresa's @ttorres new book Continuous Discovery Habits finally launched. I can tell you she put serious hours and effort into this book, and it fills a real gap in the available offerings. I view it as an important complement to INSPIRED: https://t.co/O300f22M3O
Bottle of Lies
Katherine Eban
A narrative investigation into the generic drug boom by an award-winning Fortune reporter draws on exclusive accounts and extensive confidential FDA documents to expose life-threatening practices of global fraud, data manipulation and unsafe medicine production. 150,000 first printing.Enjoyed reading this medical thriller. https://t.co/8Sbb1oI2hm
Amazon Unbound
Brad Stone
From the bestselling author of The Everything Store, an unvarnished picture of Amazon’s unprecedented growth and its billionaire founder, Jeff Bezos, revealing the most important business story of our time. Almost ten years ago, Bloomberg journalist Brad Stone captured the rise of Amazon, an internet pioneer quietly changing the way we shop online, in his bestseller The Everything Store. But ever since, Amazon has expanded exponentially, inventing novel products like Alexa and disrupting countless industries, while its workforce has quintupled in size and its valuation has soared to well over a trillion dollars. Jeff Bezos’s empire, once housed in a garage, now spans the globe. Between services like Whole Foods, Prime Video, and Amazon’s cloud computing unit, AWS, plus Bezos’s ownership of The Washington Post, it’s impossible to go a day without encountering its impact. We live in a world run, supplied, and controlled by Amazon and its iconoclast founder. In Amazon Unbound, Brad Stone presents a deeply reported, vividly drawn portrait of how a retail upstart became one of the most powerful and feared entities in the global economy. With unprecedented access to current and former executives, employees, regulators, and critics, Stone shows how seismic changes inside the company over the past decade led to dramatic innovations, as well as to missteps that turned public sentiment against its sharp-elbowed business practices and gameshow treatment of its search for a second headquarters. Stone also probes the evolution of Bezos himself—who started as a geeky technologist totally devoted to building Amazon, but who transformed to become a fit, disciplined billionaire with global ambitions; who ruled Amazon with an iron fist, even as he found his personal life splashed over the tabloids. As his empire expands, the book investigates how Bezos gradually pulled away from day-to-day activities at Amazon to focus on his many interests outside of it, announcing his momentous transition from CEO to executive chairman. Definitive, timely, and revelatory, Stone has provided an unvarnished portrait of a man and company that we couldn’t imagine modern life without.@BradStone Ready! https://t.co/vlyMrS9UD9
Amazon Unbound
Brad Stone
From the bestselling author of The Everything Store, an unvarnished picture of Amazon’s unprecedented growth and its billionaire founder, Jeff Bezos, revealing the most important business story of our time. Almost ten years ago, Bloomberg journalist Brad Stone captured the rise of Amazon, an internet pioneer quietly changing the way we shop online, in his bestseller The Everything Store. But ever since, Amazon has expanded exponentially, inventing novel products like Alexa and disrupting countless industries, while its workforce has quintupled in size and its valuation has soared to well over a trillion dollars. Jeff Bezos’s empire, once housed in a garage, now spans the globe. Between services like Whole Foods, Prime Video, and Amazon’s cloud computing unit, AWS, plus Bezos’s ownership of The Washington Post, it’s impossible to go a day without encountering its impact. We live in a world run, supplied, and controlled by Amazon and its iconoclast founder. In Amazon Unbound, Brad Stone presents a deeply reported, vividly drawn portrait of how a retail upstart became one of the most powerful and feared entities in the global economy. With unprecedented access to current and former executives, employees, regulators, and critics, Stone shows how seismic changes inside the company over the past decade led to dramatic innovations, as well as to missteps that turned public sentiment against its sharp-elbowed business practices and gameshow treatment of its search for a second headquarters. Stone also probes the evolution of Bezos himself—who started as a geeky technologist totally devoted to building Amazon, but who transformed to become a fit, disciplined billionaire with global ambitions; who ruled Amazon with an iron fist, even as he found his personal life splashed over the tabloids. As his empire expands, the book investigates how Bezos gradually pulled away from day-to-day activities at Amazon to focus on his many interests outside of it, announcing his momentous transition from CEO to executive chairman. Definitive, timely, and revelatory, Stone has provided an unvarnished portrait of a man and company that we couldn’t imagine modern life without.Brad's new book on #Amazon is out today, looking forward to reading it: https://t.co/lRUW9kwiyT @BradStone
Amazon Unbound
Brad Stone
From the bestselling author of The Everything Store, an unvarnished picture of Amazon’s unprecedented growth and its billionaire founder, Jeff Bezos, revealing the most important business story of our time. Almost ten years ago, Bloomberg journalist Brad Stone captured the rise of Amazon, an internet pioneer quietly changing the way we shop online, in his bestseller The Everything Store. But ever since, Amazon has expanded exponentially, inventing novel products like Alexa and disrupting countless industries, while its workforce has quintupled in size and its valuation has soared to well over a trillion dollars. Jeff Bezos’s empire, once housed in a garage, now spans the globe. Between services like Whole Foods, Prime Video, and Amazon’s cloud computing unit, AWS, plus Bezos’s ownership of The Washington Post, it’s impossible to go a day without encountering its impact. We live in a world run, supplied, and controlled by Amazon and its iconoclast founder. In Amazon Unbound, Brad Stone presents a deeply reported, vividly drawn portrait of how a retail upstart became one of the most powerful and feared entities in the global economy. With unprecedented access to current and former executives, employees, regulators, and critics, Stone shows how seismic changes inside the company over the past decade led to dramatic innovations, as well as to missteps that turned public sentiment against its sharp-elbowed business practices and gameshow treatment of its search for a second headquarters. Stone also probes the evolution of Bezos himself—who started as a geeky technologist totally devoted to building Amazon, but who transformed to become a fit, disciplined billionaire with global ambitions; who ruled Amazon with an iron fist, even as he found his personal life splashed over the tabloids. As his empire expands, the book investigates how Bezos gradually pulled away from day-to-day activities at Amazon to focus on his many interests outside of it, announcing his momentous transition from CEO to executive chairman. Definitive, timely, and revelatory, Stone has provided an unvarnished portrait of a man and company that we couldn’t imagine modern life without.Ah yes here we go https://t.co/BfeTX6dFDw
The AI-First Company
Ash Fontana
Defining data learning effects -- Lean AI -- Getting the data -- AI-first teams -- Making the models -- Managing the models -- Measuring the loop -- Aggregating advantages.My friend @AshFontana wrote a book on leveraging data+AI as a competitive advantage: https://t.co/48kbmreqLc. Ash is a super sharp, first principles thinker with a lot of investing experience at the intersection of data and AI. I'm excited to give this a read!
The New Builders
Seth Levine
Despite popular belief to the contrary, entrepreneurship in the United States is dying. It has been since before the Great Recession of 2008, and the negative trend in American entrepreneurship has been accelerated by the Covid pandemic. New firms are being started at a slower rate, are employing fewer workers, and are being formed disproportionately in just a few major cities in the U.S. At the same time, large chains are opening more locations. Companies such as Amazon with their "deliver everything and anything" are rapidly displacing Main Street businesses. In The New Builders, we tell the stories of the next generation of entrepreneurs -- and argue for the future of American entrepreneurship. That future lies in surprising places -- and will in particular rely on the success of women, black and brown entrepreneurs. Our country hasn't yet even recognized the identities of the New Builders, let alone developed strategies to support them. Our misunderstanding is driven by a core misperception. Consider a "typical" American entrepreneur. Think about the entrepreneur who appears on TV, the business leader making headlines during the pandemic. Think of the type of businesses she or he is building, the college or business school they attended, the place they grew up. The image you probably conjured is that of a young, white male starting a technology business. He's likely in Silicon Valley. Possibly New York or Boston. He's self-confident, versed in the ins and outs of business funding and has an extensive (Ivy League?) network of peers and mentors eager to help his business thrive, grow and make millions, if not billions. You’d think entrepreneurship is thriving, and helping the United States maintain its economic power. You'd be almost completely wrong. The dominant image of an entrepreneur as a young white man starting a tech business on the coasts isn't correct at all. Today's American entrepreneurs, the people who drive critical parts of our economy, are more likely to be female and non-white. In fact, the number of women-owned businesses has increased 31 times between 1972 and 2018 according to the Kauffman Foundation (in 1972, women-owned businesses accounted for just 4.6% of all firms; in 2018 that figure was 40%). The fastest-growing group of female entrepreneurs are women of color, who are responsible for 64% of new women-owned businesses being created. In a few years, we believe women will make up more than half of the entrepreneurs in America. The age of the average American entrepreneur also belies conventional wisdom: It's 42. The average age of the most successful entrepreneurs -- those in the top .01% in terms of their company's growth in the first five years -- is 45. These are the New Builders. Women, people of color, immigrants and people over 40. We're failing them. And by doing so, we are failing ourselves. In this book, you'll learn: How the definition of business success in America today has grown corporate and around the concepts of growth, size, and consumption. Why and how our collective understanding of "entrepreneurship" has dangerously narrowed. Once a broad term including people starting businesses of all types, entrepreneurship has come to describe only the brash technology founders on the way to becoming big. Who are the fastest growing groups of entrepreneurs? What are they working on? What drives them? The real engine that drove Silicon Valley’s entrepreneurs. The government had a much bigger role than is widely known The extent to which entrepreneurs and small businesses are woven through our history, and the ways we have forgotten women and people of color who owned small businesses in the past. How we're increasingly afraid to fail The role small businesses are playing saving the wilderness, small towns and redlined communities What we can do to turn the decline in entrepreneurship around, especially be supporting the people who are courageously starting small companies today.How to Change
Katy Milkman
Award-winning Wharton Professor and Choiceology podcast host Katy Milkman has devoted her career to the study of behavior change. In this ground-breaking book, Milkman reveals a proven path that can take you from where you are to where you want to be, with a foreword from psychologist Angela Duckworth, the best-selling author of Grit. Set audacious goals. Foster good habits. Create social support. You've surely heard this advice before. If you've ever tried to change or encourage it -- to boost exercise or healthy eating, to prevent missed deadlines or kick-start savings -- then you know there are thousands of apps, books, and YouTube videos promising to help and offering sound guidance. And yet, you're still not where you want to be. This trailblazing book from award-winning behavioral scientist and Wharton Professor Katy Milkman explains why. In a career devoted to uncovering what helps people change, Milkman has discovered a crucial thing many of us get wrong: our strategy. Change, she's learned, comes most readily when you understand what's standing between you and success and tailor your solution to that roadblock. If you want to work out more but find exercise difficult and boring, downloading a goal-setting app probably won't help. But what if, instead, you transformed your workouts so they became a source of pleasure instead of a chore? Turning an uphill battle into a downhill one is the key to success. Drawing on Milkman's original research and the work of her dozens of world-renowned scientific collaborators, How to Change shares an innovative new approach that will help you change or encourage change in others. Through case studies, engaging stories, and examples from cutting-edge research, this book illustrates how to identify and overcome the barriers that regularly stand in the way of change. How to Change will teach you: * Why timing can be everything when it comes to making a change * How to turn temptation and inertia into assets that can help you conquer your goals * That giving advice, even if it's about something you're struggling with, can help you achieve more Whether you're a manager, coach, or teacher aiming to help others change for the better or are struggling to kick-start change yourself, How to Change offers an invaluable, science-based blueprint for achieving your goals, once and for all.A practical guide to self-improvement through behavioral economics. Really well done book about understanding yourself and your inner opponents by @katy_milkman https://t.co/2ZyrqNaxZI
The New Builders
Seth Levine
Despite popular belief to the contrary, entrepreneurship in the United States is dying. It has been since before the Great Recession of 2008, and the negative trend in American entrepreneurship has been accelerated by the Covid pandemic. New firms are being started at a slower rate, are employing fewer workers, and are being formed disproportionately in just a few major cities in the U.S. At the same time, large chains are opening more locations. Companies such as Amazon with their "deliver everything and anything" are rapidly displacing Main Street businesses. In The New Builders, we tell the stories of the next generation of entrepreneurs -- and argue for the future of American entrepreneurship. That future lies in surprising places -- and will in particular rely on the success of women, black and brown entrepreneurs. Our country hasn't yet even recognized the identities of the New Builders, let alone developed strategies to support them. Our misunderstanding is driven by a core misperception. Consider a "typical" American entrepreneur. Think about the entrepreneur who appears on TV, the business leader making headlines during the pandemic. Think of the type of businesses she or he is building, the college or business school they attended, the place they grew up. The image you probably conjured is that of a young, white male starting a technology business. He's likely in Silicon Valley. Possibly New York or Boston. He's self-confident, versed in the ins and outs of business funding and has an extensive (Ivy League?) network of peers and mentors eager to help his business thrive, grow and make millions, if not billions. You’d think entrepreneurship is thriving, and helping the United States maintain its economic power. You'd be almost completely wrong. The dominant image of an entrepreneur as a young white man starting a tech business on the coasts isn't correct at all. Today's American entrepreneurs, the people who drive critical parts of our economy, are more likely to be female and non-white. In fact, the number of women-owned businesses has increased 31 times between 1972 and 2018 according to the Kauffman Foundation (in 1972, women-owned businesses accounted for just 4.6% of all firms; in 2018 that figure was 40%). The fastest-growing group of female entrepreneurs are women of color, who are responsible for 64% of new women-owned businesses being created. In a few years, we believe women will make up more than half of the entrepreneurs in America. The age of the average American entrepreneur also belies conventional wisdom: It's 42. The average age of the most successful entrepreneurs -- those in the top .01% in terms of their company's growth in the first five years -- is 45. These are the New Builders. Women, people of color, immigrants and people over 40. We're failing them. And by doing so, we are failing ourselves. In this book, you'll learn: How the definition of business success in America today has grown corporate and around the concepts of growth, size, and consumption. Why and how our collective understanding of "entrepreneurship" has dangerously narrowed. Once a broad term including people starting businesses of all types, entrepreneurship has come to describe only the brash technology founders on the way to becoming big. Who are the fastest growing groups of entrepreneurs? What are they working on? What drives them? The real engine that drove Silicon Valley’s entrepreneurs. The government had a much bigger role than is widely known The extent to which entrepreneurs and small businesses are woven through our history, and the ways we have forgotten women and people of color who owned small businesses in the past. How we're increasingly afraid to fail The role small businesses are playing saving the wilderness, small towns and redlined communities What we can do to turn the decline in entrepreneurship around, especially be supporting the people who are courageously starting small companies today.Super Pumped
Mike Isaac
Isaac delivers a gripping account of Uber's rapid rise, its pitched battles with taxi unions and drivers, the company's toxic internal culture, and the bare-knuckle tactics it devised to overcome obstacles in its quest for dominance.Book 8 Lesson: For better or for worse, companies embody the neuroses of their founders https://t.co/w4Mc4YeHkJ
Super Founders
Ali Tamaseb
"Every VC is chasing a unicorn-those billion dollar companies that fundamentally change their industries, and every entrepreneur certainly wants to become one. For Super Founders, author Ali Tamaseb gathered and analyzed 40,000 data points about the 200+ unicorns founded since 2005 and found out what these billion dollar companies and their founders actually looked like. And you'll be surprised by what he discovered. Half of unicorn founders are over 35. Most founders don't have any directly relevant work experience in the industry they're disrupting. There's no disadvantage to being a solo founder. Sixty percent of billion dollar companies are started by repeat entrepreneurs, many of whom already have at least one $50M+ exit under their belt. And over half of unicorns were competing with multiple incumbents at the time of their founding. What we thought we knew about these companies doesn't turn out to be true, which has serious implications for both the kinds of startups that get funding and the for the kinds of people who decide to start companies in the first place. Super Founders gives readers an unprecedented look not just at what the data tells us about the world's most successful startups and the people who create them, but also at those companies and founders themselves, many of which are not well-known among the general public. A blend of data, analysis, stories and exclusive interviews, the book is a paradigm-shifting guide for entrepreneurs and the investment community. You may look more like a Super Founder than you think!"--@alitamaseb 🥳📖 https://t.co/FSzzI5o7Hl
The Minimalist Entrepreneur
Sahil Lavingia
A new roadmap for building sustainable startups that last beyond the hype. As more and more cracks form in the myth of the VC-funded, IPO-driven billion-dollar company--they're not profitable, and are unethically run to boot--entrepreneurs are seeking an alternative path to building useful, sustainable, and sane businesses. The Minimalist Startup is the manifesto for a new generation of entrepreneurs who would rather build great companies than big ones. In 2011, Sahil Lavingia left his position as the second hire at Pinterest to chase his own dream of founding a billion-dollar company. His startup, Gumroad, was growing quickly and raising venture capital easily. Gumroad, a platform connecting creators with sellers, seemed like it was on the road to unicorn status, with the fancy offices and rapid hiring to match. Until one quarter, when growth faltered, and everything crumbled. But Lavingia rebuilt Gumroad from the ground up. In contrast to the waste and hypergrowth-for-growth's sake mentality that characterized his first attempt, he became a minimalist entrepreneur. Weaving together his own experience at Gumroad with stories of other likeminded companies, he offers a new roadmap for entrepreneurs choosing to grow meaningfully over growing unsustainably. Unicorns are not the best or only path for a startup. The Minimalist Entrepreneur teaches founders how to resist investments that set you up to fail, run a tight ship amid the rise of the gig economy and remote work, develop and release products without failing fast or often, and how to get to profitability and stay there.@nmasc_ The answer’s in the book!
How Asia Works
Joe Studwell
@timevalueofbtc @ctfallen @nfergus @adam_tooze @Breedlove22 @stig_brodersen really liked that book, I thought it was good too.
Birth of the Chaordic Age
Dee W. Hock
A inside look at the VISA corporation and the new chaordic business organization method, chaos and order combined, describes how this method works for VISA and how it is being put into practice all over the world. 75,000 first printing. $75,000 ad/promo. Tour.@JMihaljevic @deewhock Incredible human with lessons and ideas that should be far more widely known. Summary of one of his many incredible books below https://t.co/IovBz0PgGG
Where Are the Customers' Yachts?
Fred Schwed
"Once I picked it up I did not put it down until I finished. . . . What Schwed has done is capture fully-in deceptively clean language-the lunacy at the heart of the investment business." -- From the Foreword by Michael Lewis, Bestselling author of Liar's Poker ". . . one of the funniest books ever written about Wall Street." -- Jane Bryant Quinn, The Washington Post "How great to have a reissue of a hilarious classic that proves the more things change the more they stay the same. Only the names have been changed to protect the innocent." -- Michael Bloomberg "It's amazing how well Schwed's book is holding up after fifty-five years. About the only thing that's changed on Wall Street is that computers have replaced pencils and graph paper. Otherwise, the basics are the same. The investor's need to believe somebody is matched by the financial advisor's need to make a nice living. If one of them has to be disappointed, it's bound to be the former." -- John Rothchild, Author, A Fool and His Money, Financial Columnist, Time magazine Humorous and entertaining, this book exposes the folly and hypocrisy of Wall Street. The title refers to a story about a visitor to New York who admired the yachts of the bankers and brokers. Naively, he asked where all the customers' yachts were? Of course, none of the customers could afford yachts, even though they dutifully followed the advice of their bankers and brokers. Full of wise contrarian advice and offering a true look at the world of investing, in which brokers get rich while their customers go broke, this book continues to open the eyes of investors to the reality of Wall Street.@honam @ScottBRobinson1 Yes sir! I have these books - classics.
Common Stocks and Uncommon Profits and Other Writings
Philip A. Fisher
Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction "I sought out Phil Fisher after reading his Common Stocks and Uncommon Profits...A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments." —Warren Buffet@honam "Common stocks and uncommon profits" is my favourite investment book - Phil Fisher was a genius and decades later, his teachings are still so relevant today.
No Filter
Sarah Frier
Award-winning reporter Sarah Frier reveals an inside, never-before-told, behind-the-scenes look at how Instagram defied the odds to become one of the most culturally defining apps of the decade. Since its creation in 2010, Instagram’s fun and simple interface has captured our collective imagination, swiftly becoming a way of life. In No Filter: The Inside Story of Instagram, technology reporter Sarah Frier explains how Instagram’s founders married art and technology to overcome skeptics and to hook the public on visual storytelling. At first, Instagram initially attracted artisans, but then the platform exploded in popularity among the masses, creating an entire industry of digital influencers that’s now worth tens of billions of dollars. Eighteen months after Instagram’s launch and explosive growth, the founders—Kevin Systrom and Mike Krieger—made the gut-wrenching decision to sell the company to Facebook. For most companies, that would be the end of the story; but for Instagram, it was only the beginning. Instagram borrowed some lessons from Facebook and rejected others, until eventually its success stirred tension with Facebook’s CEO Mark Zuckerberg, just as Facebook became embroiled in a string of public crises. Frier unearths the details that led to the cofounders’ departure, bringing to light dramatic moments unknown to the public until now. At its heart, No Filter draws on unprecedented exclusive access—from the founders of Instagram, as well as employees, executives, and competitors; hedge fund billionaire Ray Dalio; Anna Wintour of Vogue; Kris Jenner of the Kardashian-Jenner empire; and a plethora of influencers, from fashionistas with millions of followers to owners of famous dogs worldwide—to show how Instagram has fundamentally changed the way we communicate, shop, eat, and travel. The book brings readers inside users’ strategies to craft their personal image and fame, explaining how the company’s product decisions have affected the structure of our society. From teenagers to the pope, No Filter tells the captivating story of how Instagram not only created a new industry but also changed our lives.Book 7 Lesson: Don't sell to Facebook if you want to stay in control of your company. https://t.co/sJh9RB8m9e
How to Change
Katy Milkman
Award-winning Wharton Professor and Choiceology podcast host Katy Milkman has devoted her career to the study of behavior change. In this ground-breaking book, Milkman reveals a proven path that can take you from where you are to where you want to be, with a foreword from psychologist Angela Duckworth, the best-selling author of Grit. Set audacious goals. Foster good habits. Create social support. You've surely heard this advice before. If you've ever tried to change or encourage it -- to boost exercise or healthy eating, to prevent missed deadlines or kick-start savings -- then you know there are thousands of apps, books, and YouTube videos promising to help and offering sound guidance. And yet, you're still not where you want to be. This trailblazing book from award-winning behavioral scientist and Wharton Professor Katy Milkman explains why. In a career devoted to uncovering what helps people change, Milkman has discovered a crucial thing many of us get wrong: our strategy. Change, she's learned, comes most readily when you understand what's standing between you and success and tailor your solution to that roadblock. If you want to work out more but find exercise difficult and boring, downloading a goal-setting app probably won't help. But what if, instead, you transformed your workouts so they became a source of pleasure instead of a chore? Turning an uphill battle into a downhill one is the key to success. Drawing on Milkman's original research and the work of her dozens of world-renowned scientific collaborators, How to Change shares an innovative new approach that will help you change or encourage change in others. Through case studies, engaging stories, and examples from cutting-edge research, this book illustrates how to identify and overcome the barriers that regularly stand in the way of change. How to Change will teach you: * Why timing can be everything when it comes to making a change * How to turn temptation and inertia into assets that can help you conquer your goals * That giving advice, even if it's about something you're struggling with, can help you achieve more Whether you're a manager, coach, or teacher aiming to help others change for the better or are struggling to kick-start change yourself, How to Change offers an invaluable, science-based blueprint for achieving your goals, once and for all.Just received a copy of How to Change from @katy_milkman -- big fan of science based approaches, looking forward to digging into this! https://t.co/hG8K0fdqdW https://t.co/mOdt0l0gy8
The Goal
Eliyahu M. Goldratt
"Includes case study interviews"--Cover.@arnav_kumar (startup/tech business biased) Everything written by Andy Grove The Gervais Principle by @vgr The Dilbert Principle by @ScottAdamsSays The Incerto Series by NNT The Goal by Goldratt PoPDF by Reinertsen The Mythical Man Month by Brooks Powerful by McCord
Powerful
Patty McCord
When it comes to recruiting, motivating, and creating great teams, Patty McCord says most companies have it all wrong. McCord helped create the unique and high-performing culture at Netflix, where she was chief talent officer. In her new book, Powerful: Building a Culture of Freedom and Responsibility, she shares what she learned there and elsewhere in Silicon Valley. McCord advocates practicing radical honesty in the workplace, saying good-bye to employees who don't fit the company's emerging needs, and motivating with challenging work, not promises, perks, and bonus plans. McCord argues that the old standbys of corporate HR--annual performance reviews, retention plans, employee empowerment and engagement programs--often end up being a colossal waste of time and resources. Her road-tested advice, offered with humor and irreverence, provides readers a different path for creating a culture of high performance and profitability. Powerful will change how you think about work and the way a business should be run.