#46 I Love Capitalism: An American Story
Founders13 Nov 2018

#46 I Love Capitalism: An American Story

What I learned from reading I Love Capitalism: An American Story by Ken Langone. --- His early life: there was never much money (3:30) Ken's first jobs (5:35) [At school] I didn't apply myself at all . I did the absolute minimum . I was too busy having fun and working at all my various jobs (12:05) further adventures in entrepreneurship (13:24) Looking for work / finding excitement (17:00) stepping out into the void / getting creative to get a job (23:50) how he starts growing a business within the firm (26:33) his first big break (28:50) You treat a customer right and you never have to worry (32:00) A lesson about human nature and developing trust (34:45) Getting rich is one skill. Staying rich is a different skill altogether(43:10) moral of the story: who wants it the most? (48:25) Hubris and Redemption: Starting over (50:25) how he started his own business (54:00) learning about the opportunity for home depot from other founders and some early tactics to get traction for their stores (59:00) leave more on the table for the other guy than he thinks he should get (1:03:32) ---- 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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#398 Steve Jobs In His Own Words (Make Something Wonderful)

#398 Steve Jobs In His Own Words (Make Something Wonderful)

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#397 Jiro Ono: Simplicity Is The Ultimate Advantage

#397 Jiro Ono: Simplicity Is The Ultimate Advantage

Jiro Ono is the greatest living sushi chef. He was kicked out his house when he was 9. He started working in a restaurant so he wouldn't have to sleep under a bridge. He never stopped. Over his 75 ye...

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#396 The Obsession of Enzo Ferrari

#396 The Obsession of Enzo Ferrari

I've read hundreds of thousands of words about Enzo Ferrari. For this episode I distilled down his most important ideas into 1 hour. Ferrari was truly one of history's greatest obsessives. Episode sp...

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#395 How Geniuses and Speed Freaks Reengineered F1 into the World's Fastest-Growing Sport

#395 How Geniuses and Speed Freaks Reengineered F1 into the World's Fastest-Growing Sport

Those on the margins often come to control the center. That maxim ties together the three remarkable people profiled in this episode: Colin Chapman, known as “the mad scientist of F1”, did more to in...

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#394 An Orphan Who Built An Empire: Leonardo Del Vecchio and The Founding of Luxottica

#394 An Orphan Who Built An Empire: Leonardo Del Vecchio and The Founding of Luxottica

Your dad dies before you’re born. Your mom can’t afford to take care of you. You grow up without a family and in an institution. You learn a trade and start working full time at the age of 14. You wor...

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#393 The Marketing Genius of the Michelin Brothers

#393 The Marketing Genius of the Michelin Brothers

Your family asks you to take over a failing factory in a remote part of France. This “family business” comes with a stack of unpaid bills, a small team of workers who haven’t been paid in months, and ...

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#392 Michele Ferrero and His $40 Billion Privately Owned Chocolate Empire

#392 Michele Ferrero and His $40 Billion Privately Owned Chocolate Empire

You take over the family pastry shop and transform it into one of the most valuable privately held businesses in the world. Your father dies young. Your uncle does too. Everyone is relying on you and ...

23 Juni 202554min

#391 Jimmy Iovine

#391 Jimmy Iovine

You grow up in a rough neighborhood in Brooklyn. You drop out of college. Your dad is your best friend but you don’t want to work the docks like him. You’re determined to “do something special.” You g...

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