#342 The Lessons of History (Will & Ariel Durant)

What I learned from reading The Lessons of History by Will and Ariel Durant. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes ---- Follow Founders Podcast on YouTube ---- (1:00) This is a 100 page biography of the human species (1:00) The Story of Civilization by Will and Ariel Durant (Full Set) (2:30) Generations of men establish a growing mastery over the earth, but they are destined to become fossils in its soil. (4:00) Ruthlessly prioritize how you spend your time. (4:00) The influence of geographic factors diminishes as technology grows. (4:30) ALL OF THE NAPOLEON EPISODES: Napoleon: A Concise Biography by David Bell. (Founders #294) The Mind of Napoleon: A Selection of His Written and Spoken Wordsedited by J. Christopher Herold. (Founders #302) Napoleon and Modern War by Napoleon and Col. Lanza. (Founders #337) (8:00) Our job is to make our companies and ourselves better equipped to meet the test of survival. (11:30) Economic development specializes functions, differentiates abilities, and makes men unequally valuable to their group. (12:30) The Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Naval Ravikant and Eric Jorgenson. (Founders #191) (14:30) In the end, superior ability has its way. (16:30) Nothing is clearer in history than the adoption by successful rebels of the methods they were accustomed to condemn in the forces they deposed. (19:00) The imitative majority follows the innovating minority and this follows the originative individual, in adapting new responses to the demands of environment or survival. (20:00) If you can identify an enduring human need you can build a business around that. (21:00) In every age men have been dishonest and governments have been corrupt. (25:00) Survival at all costs: Nature and history do not agree with our conceptions of good and bad; they define good as that which survives, and bad as that which goes under. (25:00) Victory in our industry is spelled survival. — Steve Jobs (25:00) All that matters is to survive. The rest is just words. — Charles de Gaulle by Julian Jackson. (Founders #224) (26:00) By being so cautious in respect to leverage and having loads of liquidity, we will be equipped both financially and emotionally to play offense while others scramble for survival. — The Essays of Warren Buffett by Warren Buffett and Lawrence Cunningham (Founders #227) (27:00) History reports that the men who can manage men manage the men who can manage only things, and the men who can manage money manage all. (31:00) The Iron Law of Oligarchy (32:00) Every advance in the complexity of the economy puts an added premium upon superior ability. (33:00) The General and the Genius: Groves and Oppenheimer—The Unlikely Partnership that Built the Atom Bomb by James Kunetka. (Founders #215) (34:00) Freedom's Forge: How American Business Produced Victory in World War II by Arthur Herman (37:00) All technological advances will have to be written off as merely new means of achieving old ends ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes ---- “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 ---- 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