#63 The King of Oil: The Secret Lives of Marc Rich
Founders10 Maalis 2019

#63 The King of Oil: The Secret Lives of Marc Rich

What I learned by from reading The King of Oil: The Secret Lives of Marc Rich by Daniel Ammann. ---- The spot market for oil was one of the most lucrative ideas of the twentieth century. [0:01] the historical events intertwined with the career of Marc Rich [5:15] how his family escapes the Nazi's [12:00] his first jobs + learning from his father + finding his vocation [14:30] learning the commodities business from A to Z [20:00] his work environment was training for entrepreneurship + how he thought about the opportunity in oil [30:30] Marc gets screwed on pay so he starts his own company [35:00] why Marc chose Switzerland as the headquarters of Marc Rich + Co. [37:00] why the invention of the spot market was important [43:00] why Marc Rich thought he was exempt from Jimmy Carter's executive order [46:15] the state of his business in 1990 [1:01:00] how to lose $172,000,000 [1:14:00] ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

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#24 No Better Time: The Brief, Remarkable Life of Danny Lewin, the Genius Who Transformed the Internet

#24 No Better Time: The Brief, Remarkable Life of Danny Lewin, the Genius Who Transformed the Internet

What I learnd by reading No Better Time: The Brief, Remarkable Life of Danny Lewin, the Genius Who Transformed the Internet by Molly Knight Raskin.  --- When Danny was excited about something, you cou...

15 Huhti 20181h 15min

#23 The New New Thing: A Silicon Valley Story

#23 The New New Thing: A Silicon Valley Story

What I learned from reading The New New Thing: A Silicon Valley Story by Michael Lewis --- He grew up poor, dropped out of high school, and made himself 3 or 4 billion dollars (0:01), New Growth Theor...

7 Huhti 20181h 1min

#22 How To Turn Down A Billion Dollars: The Snapchat Story

#22 How To Turn Down A Billion Dollars: The Snapchat Story

What I learned from reading How to Turn Down a Billion Dollars: The Snapchat Story by Billy Gallagher.  --- I'm not going to work for someone else (0:01) Early design decisions of Snapchat (7:45) Evan...

20 Maalis 20181h 3min

#21 Masters of Doom: How Two Guys Created an Empire and Transformed Pop Culture

#21 Masters of Doom: How Two Guys Created an Empire and Transformed Pop Culture

What I learned from reading Masters of Doom: How Two Guys Created an Empire and Transformed Pop Culture by David Kushner. --- [0:35] For a new generation, Carmack and Romero personified an American dr...

1 Maalis 20181h 28min

#20 Danny Meyer (The Transforming Power of Hospitality in Business)

#20 Danny Meyer (The Transforming Power of Hospitality in Business)

What I learned from reading Setting the Table: The Transforming Power of Hospitality in Business by Danny Meyer.  This is not a typical business book (0:30) Why don't you just do what you've been thin...

6 Helmi 201843min

#19 Becoming Steve Jobs

#19 Becoming Steve Jobs

What I learned from reading Becoming Steve Jobs: The Evolution of a Reckless Upstart into a Visionary Leader by Brent Schlender and Rick Tetzeli. --- Learning from great company-builders (0:30) Steve ...

19 Tammi 20181h 13min

#18 Let My People Go Surfing: The Education of a Reluctant Businessman

#18 Let My People Go Surfing: The Education of a Reluctant Businessman

What I learned from reading Let My People Go Surfing: The Education of a Reluctant Businessman by Yvon Chouinard. --- I had always avoided thinking of myself as a businessman. I was a climber, a surfe...

8 Tammi 201856min

#17 Jeff Bezos and the Age of Amazon

#17 Jeff Bezos and the Age of Amazon

What I learned from reading The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone.    ---- Founders Notes gives you the ability to tap into the collective knowledge of history's great...

1 Tammi 20181h 3min

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