Just a quick heads up as I rush out the door for a meeting.
Forbes has a brief article titled Late-Blooming Billionaires
“Some strike it rich young, but for the tycoons on this list, wealth came only after long years of work, failure and chance inspiration.”
“Your most unhappy customers are your greatest source of learning.”
Amazon’s Jeff Bezos: The Ultimate Disrupter
Here’s an article on one of the finest business minds out there today: Jeff Bezos of Amazon. Amazon will be around for a long time because it has a solid business model and provides real value in the market-place unlike companies such as Facebook, Groupon, Pinterest, and a host of others which are nothing more than facilitators for time wasting.
He’s a pro-customer, tightfisted risk-taker who is conditioning Wall Street to embrace his erratic earnings. If you’re running a business with high margins — watch out.
The Men Who Built America Course
The excellent new series from the History Channel has generated a lot of interest in The Tycoon Playbook. I started working on the Playbook back in late 2007 with the intention of creating a 400 to 500 page manual on how to buy small businesses. I then quickly decided to make it more interesting by adding in actionable tactics and strategies from the self-made tycoons of the past 160 or so years. This swelled up the course to almost 900 pages of actionable details.
David Nasaw Talks About Andrew Carnegie
The Men Who Built America: Andrew Carnegie
Andrew Carnegie’s biographer David Nasaw appears throughout The Men Who Built America series to comment on his subject and times. By all accounts, his work Andrew Carnegie is the best biography of the diminutive Scotsman to date. In this 30 minute video Nasaw is interviewed by another prof about the book and Carnegie. If you have any interest in the tycoon invest the time to watch it as it’s well worth it. The two most interesting parts for me were the explanation of what fueled the man’s immense ambition and what his thoughts would have been on the recent “You didn’t build that” tempest in a teapot during the final months of the 2012 election here in the USA.
Go watch it. I am going to grab a copy of the book as well.
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