#117 : Chung Ju-yung founder of Hyundai (the most inspiring autobiography I've read)
Founders26 Maalis 2020

#117 : Chung Ju-yung founder of Hyundai (the most inspiring autobiography I've read)

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 poverty. [15:40] How struggle shaped his personality + Why he had to run away for the last time [17:15] On his own + Early jobs before the birth of Hyundai [19:24] On simple tasks + The fundamental principle of his life + Hard work paying off [21:15] Getting into the auto repair business + More struggle + More perseverance [25:55] Why you should emulate bedbugs. [31:00] Hyundai Auto Service Center + Hyundai Construction + Disaster strikes again + The Korean War [33:11] His management style + Don’t waste time if you want to be remarkable [39:30] Go where the money is: Hyundai must go abroad to escape poor domestic conditions. [42:15] The beginning of Hyundai Motors + Chung had only one speed: GO! That is not always a good thing. [45:57] Ships or how a great idea starts as a small idea [53:26] Why determination is more important than intelligence [58:10] Find something you love to do and do it until you die. [1:06:39] Don’t covet luxury. [1:08:49] Be diligent. [1:15:40] Positive thinking is the road to happiness. [1:16:48] ---- 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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#389 The Founder of Jimmy Choo: Tamara Mellon

#389 The Founder of Jimmy Choo: Tamara Mellon

When Tamara Mellon’s father lent her the seed money to start a high-end shoe company, he cautioned her: “Don’t let the accountants run your business.” Little did he know that over the next fifteen yea...

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#388 Jeff Bezos's Shareholder Letters: All of Them!

#388 Jeff Bezos's Shareholder Letters: All of Them!

(I fixed the audio and uploaded a new episode!)  "To read Jeff Bezos’s shareholder letters is to get a crash course in running a high-growth internet business from someone who mastered it before any o...

15 Touko 20251h 19min

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...

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