Author: Rahul
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The startup way Book Summary
Established organizations often lack the ability to act and execute new ideas, being burdened with layers of bureaucracy that have mounted over many years. Nobody is accountable for dealing with uncertainty. Rather, a modern organisation should acknowledge entrepreneurship as a core discipline. Everything faced by a modern company cannot be controlled by an internal…
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Nail it Then Scale it Book Summary
Simplifying boosts customer adoption and reduces costs. Consumers are drawn by simplicity and confused by complexity. Simplifying the product doesn’t imply that you are neglecting the customer’s choice. Rather it conveys that you precisely know the customers well enough to deliver the exact solution they are searching for. Moreover, by developing something simple instead…
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Trillion Dollar Coach Summary
Project Aristotle at Google – characteristics of most successful teams. Psychological safety, had clear goals, meaningful roles, members were reliable and confident that teams mission was meaningful- making a difference Not just individuals but teams need coaching Teams of ambitious smart individuals have tension, to manage that tension well and build a community…
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Zero To One Book Summary
– Globalization Vs technology. Zero to one Vs one to many. – future is unknown and about new context – cannot do it alone and too big an organisation can also not deliver. Startup fewest number of people who can bring the change – it is better to risk boldness than triviality – a…
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Hooked Book Summary
Hooked model – trigger, action, variable reward, investment Triggers – internal or external Action – ease of doing and motivation to do it Variable reward- creates craving. Variable. Investment – user does not of a work- time, money, data, social capital, effort Difficult to wean customers away from a competition product that they are…
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Blitzscaling – The Lightning Fast path to building massively valuable companies Summary
Book: Blitzscaling – The Lightning Fast path to building massively valuable companies Author: Reid Hoffman Early stages grow really fast and get feedback. Hence need to Iterate fast. WeChat, Airbnb and slack stories prove this. Blitzscaling is about building Dominant World leading business in short period of times. Possible now because Internet has caused massive…
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The Hard Thing About Hard Things Summary
Tell it like it is – Don’t project a too positive picture. Should NOT be the only one worrying about the company, product, business. Builds trust. Gets more brains to work on the problem. Bad news travels fast in a good culture Laying off the right way – get your head straight, don’t delay,…
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Skin In The Game Book Summary
Decision makers need to have risk attached. Most rulers took personal risk. Decentralisation ensures we have fewer decision makers who are immune to the risks of their decisions. It reduces large structural asymmetries. Bob Rubin trade – others took his risk and paid for his losses. Government interference in general trend to reduce skin…
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Extreme Ownership Summary
Laws of combat – cover and move, simple, prioritize and execute. Decentralise command. LEADERSHIP – extreme ownership -no bad teams, only bad leaders – believe – drop the ego LAWS OF COMBAT – cover and move. Work as a team. Across levels – simple. Incentives, missions, tasks. So that each can rapidly adapt. –…
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The Four Book Summary
Most interesting aspect is how Scott looks at the base emotions that each of the 4 tech companies have managed to connect with e.g. Apple is like connecting with God, Amazon taps into our basic instict to hoard (uncertain future), etc. Factors that make the 4. T algorithm 1. Product differentiation 2. Visionary capital…
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The Everything Store: Jeff Bezos and the Age of Amazon Book Summary
Looked at the rapid growth of internet and asked what all will get disrupted by this. Came up with many ideas and DE Shaw actually launched a few. Couldn’t create an Everything store on day 1 so had to choose a product category. Chose books. Kept generating more orders than they could service. Increasing…
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Measure What Matters Book Summary
Basic definition of OKR Objective- what is target KRs- defined with a number and a timeline If OKRs were designed wellWhen all KRs are met objective should have been achieved. Why are OKRs powerful OKRs surface your primary goals. Channel efforts and coordination. Link diverse operations . Bring purpose and unity to the entire…
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Ikigai: The Japanese secret to a long and happy life Book Summary
Key Takeaways: 1. Ikigai is a Japanese concept that translates to “a reason for being” or “a purpose in life.” 2. The book emphasizes the importance of finding one’s ikigai in order to live a long and happy life. 3. Ikigai is a combination of four elements: what you love, what you are good…
