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11 Business Biographies That Will Make You Rich
Jun 9, 2024
Lecture: 11 Business Biographies That Will Make You Rich
Introduction
Speaker's background:
Former drug addict at 16, made first million by 27
Currently flies a private jet, owns supercars, has a beautiful family
Credits his success to reading books, specifically business biographies
Purpose of the lecture:
Distilled 111 biographies to the top 11
Aims to inspire entrepreneurs, instill confidence, and encourage action
1. Open by Andre Agassi
Focus on performance, mindset, and growth
Teaches honesty and authenticity in life and business
Written by a ghostwriter who also wrote another top biography
Andre Agassi: decorated tennis player, influenced by demanding father
Themes: personal/professional development, adaptability, embracing change
2. Losing My Virginity by Richard Branson
Biography of Virgin Group founder
Emphasis on risk-taking, creativity, and fun
Focus on building brand and company culture over profits
Highlights: embracing innovation, disrupting industries, customer satisfaction
Richard Branson: started first business at 16 (a magazine called
Student
)
3. The Hard Thing About Hard Things by Ben Horowitz
Targeted towards tech and software entrepreneurs
Based on Horowitz's blog with rap lyrics starts
Focus: leadership, making tough decisions, navigating uncertainty
Personal story: speaker had to restructure his company, inspired by this book
4. Trailblazer by Marc Benioff
Biography of Salesforce founder
Pioneer of Software as a Service (SaaS) and cloud computing
Focus: disruptive technology, customer success, and vision-led leadership
Philanthropy: 1% of profit/resources/time to community projects
5. Founders at Work by Jessica Livingston
Compilation of interviews with founders like PayPal, Gmail, 37signals
Insights into early startup days and founding stories
Lessons: product building, scaling startups, leadership, and company culture
Personal anecdote: pivoting a productivity app to a marketplace
6. Snowball by Warren Buffett
Detailed and thick biography of investor Warren Buffett
Focus on long-term wealth building, continuous learning, and intellectual curiosity
Principles on frugality, integrity, hiring leaders, and simplicity
Investment strategies: risk management, patience, emotional discipline
7. Titan by John D. Rockefeller
Biography highlighting Rockefeller's impact on the American economy
Highlights: monopolizing the oil industry, vertical integration, and competitive nature
Lessons on competing aggressively and increasing self-worth
8. My Life and Work by Henry Ford
Autobiography of the Ford Motor Company founder
Innovation in manufacturing, introduction of the assembly line
Views on labor relations and introduction of the $5 workday
Influence on manufacturing strategies and continuous improvement
9. Steve Jobs by Walter Isaacson
Popular biography of the iconic Apple founder
Relentless pursuit of perfection, innovative product development (iPod, iPhone)
Leadership style: challenging norms, spy on customer behavior for feedback
Personal story: switch from Microsoft to Ruby on Rails after using a Mac
10. Elon Musk by Walter Isaacson
Deep dive into Musk's multiple companies (SpaceX, Tesla, SolarCity, Boring Co., Neuralink)
Philosophy: multi-planetary species, playing long-term strategy (chess vs. checkers)
Engineering principles: removing unnecessary parts, Vector leadership
Musk's openness for the biography: unrestricted access to all aspects of his life
11. Shoe Dog by Phil Knight
Biography of Nike founder
Written (with a ghostwriter) in an engaging, can't-put-down style
Story of building Nike from selling Japanese shoes to a global brand
Focus on team building, persistence, resilience
Personal anecdote: overcoming impossible odds to sustain business
Conclusion
Encouragement to read these biographies for lessons on entrepreneurship
Mention of a link to learn about the 15 Laws of Success
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Full transcript