Founders

What I learned from reading A Success Story by Estee Lauder. ---- You can probably reach out with comparative ease and touch a life of serenity and peace. You can wait for things to happen and not get too sad when they don’t. That’s fine for some but not for me. Serenity is pleasant, but it lacks the ecstasy of achievement. [0:10] I’ve always believed that if you stick to a thought and carefully a...

What I learned from reading Pulitzer: A Life in Politics, Print, and Power by James McGrath Morris. ---- [0:20]  Joseph Pulitzer was the midwife to the birth of the modern mass media. Pulitzer’s lasting achievement was to transform American journalism into a medium of mass consumption and immense influence.  [3:04] He was the pioneer of the modern media industry.   [5:06] Teddy Roosevelt tried to...

What I learned from reading A Triumph of Genius: Edwin Land, Polaroid, and the Kodak Patent War by Ronald Fierstein.  ---- [0:21] He died in 1991 with 535 patents to his credit, third in U.S. history. His honorary doctorate degrees, too numerous to list, come from the most distinguished academic institutions, including Harvard, Yale, and Columbia. He received virtually every distinction the scient...

What I learned from reading Land’s Polaroid: A Company and The Man Who Invented It by Peter C. Wensberg. ---- [1:14] He was revered to an extraordinary extent by most of the people who worked for him.   [1:36] Land did not earn a college degree, yet he has received more medals and scientific honors than most living Americans.   [3:36]  Land's life seemed to be primarily a life of the mind. His gre...

What I learned from reading The Instant Image: Edwin Land and the Polaroid Experience by Mark Olshaker.  ---- [1:42] The word “problem” had completely departed from Edwin land's vocabulary to be replaced by the word “opportunity”.  [2:01] What was it about this man and his company that allowed such confidence and seeming lack of concern with the traditional top priorities of American business?  [2...

What I learned from reading The Big Score: Robert Friedland and The Voisey’s Bay Hustle by Jacquie McNish. ---- [0:04] Promoting a stock is like making a movie. You've got to have stars, props, and a good script.  [2:22] He had learned that there was nothing that Robert Friedland could not sell.  [2:50] This book is about how Robert Friedland accidentally discovers the largest nickel deposit in hi...

What I learned from reading Life of an American Workman by Walter Chrysler. ---- [0:56]The kitchen fire was the only heat we knew in the winter. Often I had to scamper barefoot across a floor where snow had drifted through the cracks of badly fitting windows. [1:56] We never spent money on things we could get without spending.  [3:10] This book was written about a year before he had a stroke and a...

What I learned from reading How to Get Rich: One of the World's Greatest Entrepreneurs Shares His Secrets by Felix Dennis. ---- [0:01] How Felix started his first business with no money.  [4:30] Human nature does not change. We are cooperative animals. Those who wish to start a company cannot expect a free ride, but they might be surprised at the number of people willing to help them to some degre...

What I learned from reading Master of Precision: Henry Leland by Ottilie Leland and Minnie Dubbs Millbrook. ---- [0:17] Henry Leland laid the foundation for the future of American industry. He had established manufacturing procedures never previously so effectively employed and took a position of leadership. In the next decades would be comparable in statute with, although quite different from, Wi...

What I learned from reading The Difference Between God and Larry Ellison: God Doesn't Think He's Larry Ellison by Mike Wilson ---- [1:06]  You want to know what I think about Larry Ellison? Well, I suppose he had some private sort of greatness but he kept it to himself. He never gave himself away. He never gave anything away. He just left you a tip. He had a generous mind. I don’t suppose anybody...

What I learned from reading The Billionaire and the Mechanic: How Larry Ellison and a Car Mechanic Teamed up to Win Sailing's Greatest Race, the America’s Cup, Twice by Julian Guthrie. ---- [0:01] Larry Ellison to Steve Jobs: I’m talking about greatness, about taking a lever to the world and moving it. I’m not talking about moral perfection. I’m talking about people who changed the world the most...

What I learned from reading Professional Amateur: The Biography of Charles Franklin Kettering by Thomas Boyd ---- [3:06] If you had to summarize Charles Kettering this is the way you would do it: “As symbol of progress and the American way of life—as creator of ideas and builder of industries and employment—as inspirer of men to nobler thoughts and greater accomplishments—as foe of ignorance and d...

What I learned from reading Softwar: An Intimate Portrait of Larry Ellison and Oracle by Matthew Symonds. ---- [0:01] Although much of my time with him coincided with a period of adversity for Oracle, I never once saw Ellison downcast. His unquenchable optimism and almost messianic self belief never faltered. [5:06] The single most important aspect of my personality is my questioning of convention...

What I learned from reading The Fast Times of Albert Champion: From Record-Setting Racer to Dashing Tycoon, An Untold Story of Speed, Success, and Betrayal by Peter Joffre Nye. ---- [0:01] A brief summary of the life of Albert Champion: Champion had been born in Paris April 2, 1878. By age twelve he was an errand and office boy for a Paris bicycle manufacturer. He became interested in bicycle raci...

What I learned from reading My Years with General Motors by Alfred Sloan. ---- [2:40] There are ideas worth billions in a $30 history book: Henry talked to me on several occasions about a book by the former chairman of General Motors. He told me he had learned a very important concept from that book, which he wished to use in the growth of Teledyne. . .during a very difficult economic time of rece...

What I learned from reading Billy, Alfred, and General Motors: The Story of Two Unique Men, A Legendary Company, and a Remarkable Time in American History by William Pelfrey. ---- [0:01] They were oil and water in all respects. Billy Durant, the high school dropout, was the flamboyant dreamer and gambler, focused on personal relationships and risk. Alfred Sloan, the MIT engineer, was the stern org...

What I learned from reading Billy Durant Creator of General Motors: The Story of the Flamboyant Genius Who Helped Lead America into the Automobile Age by Lawrence Gustin. ---- [0:32] DURANT MAY BE THE MOST IMPORTANT AUTOMOBILE PIONEER: Of all the colorful men who propelled the United States into the automobile age, Billy Durant was perhaps the most unusual, and from an organizational standpoint in...

What I learned from reading The Dodge Brothers: The Men, the Motor Cars, and the Legacy by Charles Hyde. ---- This is the story of two small town machinists who became enormously successful automobile manufacturers in the early years of the auto industry [0:01] Early life and first jobs [3:02] Moving to Detroit: Arriving at the right place, at the right time, with the right skill set [6:28] Horace...

What I learned by reading My Forty Years With Ford by Charles Sorensen. ---- Henry Ford’s greatest achievement and his greatest failure [0:01] Henry Ford had one, single idea [4:15] Henry Ford’s management style [5:46] The paradox of Henry Ford [8:27] Henry Ford’s greatest advisor [11:30] A great story about The Dodge Brothers [16:20] Why and how Henry Ford bought out all of the shareholders of Fo...

What I learned from reading Born of This Land: My Life Story by Chung Ju-yung. --- For a long time I was known as the bulldozer. [0:01] How Chung’s son remembers him: He had a wonderfully positive disposition and a rigorous work ethic. [3:15] Memories of his father + Half century of struggle + Why he is writing this book [9:25] Running away from home. Four times. [12:15] A different level of pover...

What I learned from reading Samuel Bronfman: The Life and Times of Seagram’s Mr. Sam by Michael R. Marrus. ---- The story of Sam’s rise to fame and fortune from a hard life on the Canadian frontier is inherently dramatic and yet touches a familiar nerve in a broad spectrum of the population. There is something in Sam’s response to his disappointments that most people recognize in their themselves....

What I learned from reading Benjamin Franklin: An American Life by Walter Isaacson. ---- He was, during his 84 year long life, America’s best scientist, inventor, diplomat, writer, and business strategist. [0:01] On Founders #62 I covered Ben Franklin’s autobiography [4:10] The family produced dissenters and nonconformists who were willing to defy authority, although not to the point of becoming z...

What I learned from reading The Professor, the Banker, and the Suicide King: Inside the Richest Poker Game of All Timeby Michael Craig. ---- Some Texas banker was playing poker with over $15 million on the table. 15 million on the table? This much cash would weigh over 250 pounds. [0:01] Founders #38 Jeff Bezos and Elon Musk The Space Barons: Elon Musk, Jeff Bezos, and the Quest to Colonize the Co...

What I learned from reading Black Titan: A.G. Gaston and the Making of a Black American Millionaire by Carol Jenkins and Elizabeth Gardner Hines ---- The grandson of slaves, born into poverty in 1892 in the Deep South, A. G. Gaston died more than a century later with a fortune worth well over $130 million [0:01] A 10 year old’s first business idea [5:35]  A.G. finds a blueprint to follow: A.B. Lov...

What I learned from reading Plagued by Fire: The Dreams and Furies of Frank Lloyd Wright by Paul Hendrickson.  ---- [0:01] Frank Lloyd Wright suffered a personal catastrophe that would have destroyed a man of lesser will and lesser ego.  [7:20] Ben Franklin writing about vanity 250 years ago: Most people dislike vanity in others, whatever share they have of it themselves; but I give it fair quarte...