#94 Henry Singleton (The Outsiders)
Founders20 Loka 2019

#94 Henry Singleton (The Outsiders)

What I learned from reading The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success by William Thorndike. ---- [0:30] The failure of business schools to study men like Henry Singleton is a crime— Warren Buffett [2:40]Buffett and Singleton: Separated at birth? [8:35]The Singular Henry Singleton [14:40] Supremely indifferent to criticism [19:50] Teledyne breaks up huge business into a bunch of small profit centers [29:30] Risk is controlled. Divisions will remain relatively small.[32:00} Building a cash generating machine [36:30] Bet heavily when you have an edge. [44:00] Singleton has found a way to run a multibillion dollar company in an entrepreneurial, innovative way. [50:16] Singleton had a different focus: Capital allocation. [50:37] Getting Rich vs Staying Rich [55:18] What the people profiled in this book have in common [59:00] Early career and the founding of Teledyne [1:00:38] How Henry Singleton thought about acquisitions 1:02:00] Actions express priority [1:07:12] Ruthlessly cut fat [1:11:20] Stay within your cirlce of competence and bet heavy[1:16:30] Singleton on Time Management [1:19:19] If everyone is doing them, there must be something wrong with them. — Henry Singleton ---- 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

Jaksot(437)

A conversation on focus and finding your life's work

A conversation on focus and finding your life's work

My friend Patrick O’Shaughnessy asked me to come to New York and record a conversation. Patrick had just finished listening to episode #383 "Todd Graves and his $10 Billion Chicken Finger Dream" and h...

9 Touko 20251h 22min

#387 Jim Simons Built The World’s Greatest Money-Making Machine

#387 Jim Simons Built The World’s Greatest Money-Making Machine

Jim Simons never took a single class on finance, wasn’t interested in business, and didn’t start trading full time until he was 40. The company he founded —  Renaissance Technologies — has made over $...

1 Touko 20251h 8min

#386 Akio Morita: Founder of Sony

#386 Akio Morita: Founder of Sony

Akio Morita was a visionary entrepreneur and co-founder of Sony. Born as the first son and fifteenth-generation heir to a 300-year-old sake-brewing family in Japan, Akio eschewed the traditional path ...

22 Huhti 20251h 11min

#385 Michael Dell

#385 Michael Dell

This is one of the most extraordinary founder stories you will ever hear. Michael Dell started his company with $1000 when he was 19 years old. The revenues for the first 16 years of Dell look like th...

14 Huhti 20251h 48min

#384 Ken Griffin: Founder of Citadel and Citadel Securities

#384 Ken Griffin: Founder of Citadel and Citadel Securities

Because of the podcast I get to meet a lot of super successful people. I'm always asking them "Who is the smartest person you know" and "Who do you think has the best business?". "Ken Griffin" is a ve...

1 Huhti 20251h 6min

The Invisible Billionaire: Daniel Ludwig

The Invisible Billionaire: Daniel Ludwig

Daniel Ludwig was the richest man in the world and no one knew his name. I've read almost 400 biographies of history's greatest founders and this book is one of my all time favorites. Daniel Ludwig st...

23 Maalis 202550min

#383 Todd Graves and his $10 Billion Chicken Finger Dream

#383 Todd Graves and his $10 Billion Chicken Finger Dream

Todd Graves is one of my favorite living entrepreneurs. He's a great example of Charlie Munger's maxim: Find a simple idea and take it seriously. Todd wanted to create a quick service restaurant that ...

17 Maalis 20251h 8min

#382 Who Is Michael Ovitz?: The Rise and Fall (and Rise) of the Most Powerful Man in Hollywood

#382 Who Is Michael Ovitz?: The Rise and Fall (and Rise) of the Most Powerful Man in Hollywood

At the core of Michael Ovitz's success is his relentless work ethic and commitment to mastering his craft. 50 years ago he founded Creative Artists Agency. CAA starts out as just five young guys in a ...

7 Maalis 20251h 31min

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