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#46 I Love Capitalism: An American Story

#46 I Love Capitalism: An American Story

FromFounders


#46 I Love Capitalism: An American Story

FromFounders

ratings:
Length:
71 minutes
Released:
Nov 13, 2018
Format:
Podcast episode

Description

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)—“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. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast 
Released:
Nov 13, 2018
Format:
Podcast episode

Titles in the series (100)

Learn from history's greatest entrepreneurs. Every week I read a biography of an entrepreneur and find ideas you can use in your work. This quote explains why: "There are thousands of years of history in which lots and lots of very smart people worked very hard and ran all types of experiments on how to create new businesses, invent new technology, new ways to manage etc. They ran these experiments throughout their entire lives. At some point, somebody put these lessons down in a book. For very little money and a few hours of time, you can learn from someone’s accumulated experience. There is so much more to learn from the past than we often realize. You could productively spend your time reading experiences of great people who have come before and you learn every time." —Marc Andreessen