Summary of Duncan Mavin's The Pyramid of Lies

By IRB Media

Please note: This is a companion version & not the original book.

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#1 A story of a man named Roy Greensill who planted and harvested sugar cane, watermelons, and peanuts on a small plot outside Qunaba, Queensland. He had a difficult childhood, but eventually his farm tripled in size within twenty years.

#2 Lex Greensill was a young man who grew up on a farm in Queensland, Australia. He had a difficult childhood, but eventually his farm tripled in size within twenty years. He was skilled in law, wireless applications, international trade, insurance, capital raising, sales and marketing, public speaking, written communications, corporate governance, training, organization and management, and navigating Asian markets.

#3 Lex Greensill was a young man who grew up on a farm in Queensland, Australia. He had a difficult childhood, but eventually his farm tripled in size within twenty years. He was skilled in law, wireless applications, international trade, insurance, capital raising, sales and marketing, public speaking, written communications, corporate governance, training, organization and management, and navigating Asian markets.

#4 Cleland and a couple of his colleagues began to put together a business plan for a prototype supply chain finance firm. They talked to potential clients, but the feedback was positive. Cleland believed that the future of the company lay in London, so he moved the company there. The company folded soon after.

• Language: English
• Publisher: IRB Media
• Release date: Oct 4, 2022
• ISBN: 9798350032123

IRB Media

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Insights on Duncan Mavin's The Pyramid of Lies

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 7

Insights from Chapter 8

Insights from Chapter 9

Insights from Chapter 10

Insights from Chapter 11

Insights from Chapter 12

Insights from Chapter 13

Insights from Chapter 14

Insights from Chapter 15

Insights from Chapter 16

Insights from Chapter 17

Insights from Chapter 18

Insights from Chapter 19

Insights from Chapter 20

Insights from Chapter 21

Insights from Chapter 22

Insights from Chapter 23

Insights from Chapter 24

Insights from Chapter 25

Insights from Chapter 26

Insights from Chapter 27

Insights from Chapter 28

Insights from Chapter 29

Insights from Chapter 30

Insights from Chapter 31

Insights from Chapter 32

Insights from Chapter 1

#1

The Greensill family, who were farmers in Queensland, were often struggling financially. The point of the retelling was always clear: the financial system is rigged against the little guy, and fixing it was a mission for Lex.

#2

Lex was a hard-working farmer who rose to prominence in Bundaberg. He’d spent his time in college listening to cassette tapes mailed to the farm, but he’d still earned a law degree by correspondence.

#3

Lex Greensill, a young Australian businessman, went to work for Robert Cleland, a wealthy Australian businessman who had run some of Australia’s biggest construction and architectural firms. He was impressed by Lex’s chutzpah.

#4

At ST, one problem they had faced on large projects was how to make cash flow efficiently from property owners to contractors, subcontractors, and suppliers. They developed an electronic platform that processed invoices instantly, with funding from a bank that took a small fee.

#5

Lex Greensill, a junior employee at a start-up company, was sent to the UK to research potential clients. He met with a pea-producing cooperative that sold most of its peas to a giant frozen food company. He was not constrained by the humdrum nature of the TRM business.

#6

Lex had enjoyed some success while he was at TRM. He had helped develop a business plan for a tech-driven supply chain finance company, and had seen how good business ideas could suffer from fickle business partners.

Insights from Chapter 2

#1

In the