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Politicians and corporate leaders who appeared to rule over their fellow humans were actually only puppets for the Masters, who used them to implement all their agendas to ensure a continuation of separation and control. In this way, when the populace became irate at a politician or corporate leader, the Masters would force them to resign from their position and have another puppet take their place. The populace would believe the problem had been taken care of and real change had occurred, that the root of the problem had been fixed, so they would rejoice and become complacent. When in actuality, the same old revolving-door record would play over and over again, with the real root of power, the Masters, staying at the helm of the ship.
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Jasun Ether (The Beasts of Success)
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I think we need more math majors who don't become mathematicians. More math major doctors, more math major high school teachers, more math major CEOs, more math major senators. But we won't get there unless we dump the stereotype that math is only worthwhile for kid geniuses.
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Jordan Ellenberg (How Not to Be Wrong: The Power of Mathematical Thinking)
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Cooperation, collaboration and coordination are together more powerful than competition.
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Hendrith Vanlon Smith Jr.
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What if one out of every three multinational corporation CEO's were raped every year? Don't you think that would raise a kind of ruckus?
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Inga Muscio (Cunt: A Declaration of Independence)
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When permaculture design principles are applied to business, business becomes a powerful platform for making the world a better place.
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Hendrith Vanlon Smith Jr.
“
In the general American population, 3.9 percent of adult men are six foot two or taller. Among my CEO sample, almost a third were six foot two or taller.
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Malcolm Gladwell (Blink: The Power of Thinking Without Thinking)
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A few solid pros are more powerful than dozens of cons,” Steve said. “So what should we do next?” Another lesson: Steve was great at weighing all sides of an issue and not allowing negatives to drown out positives, particularly for things he wanted to accomplish. It was a powerful quality of his.
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Robert Iger (The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company)
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When we join together, we can increase our bargaining power.
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Hendrith Vanlon Smith Jr.
“
Influence is more powerful than control.
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Hendrith Vanlon Smith Jr.
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The air between them was electric, the scent of his aftershave was intoxicating and she could feel the testosterone bouncing off him. She could immediately tell he was a powerful man.
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Kassandra Cross (Sex with the CEO)
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Maybe this is the case for many of us: No matter who we become or what we accomplish, we still feel that we’re essentially the kid we were at some simpler time long ago. Somehow that’s the trick of leadership, too, I think, to hold on to that awareness of yourself even as the world tells you how powerful and important you are. The moment you start to believe it all too much, the moment you look yourself in the mirror and see a title emblazoned on your forehead, you’ve lost your way. That may be the hardest but also the most necessary lesson to keep in mind, that wherever you are along the path, you’re the same person you’ve always been.
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Robert Iger (The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company)
“
Pricing power is important in business. You want your business to have the flexibility to raise prices as needed, especially with regard to inflation.
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Hendrith Vanlon Smith Jr.
“
Whereas gross revenue speaks more to a businesses pricing power and scale, net income speaks more to it's efficiency and operations.
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Hendrith Vanlon Smith Jr.
“
Often times, knowing where to access the information is as powerful as the information itself.
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Hendrith Vanlon Smith Jr.
“
A few solid pros are more powerful than dozens of cons,” Steve said.
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Robert Iger (The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company)
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If you'd like to gain a new understanding of the power of diversity in closed loop systems, get into gardening.
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Hendrith Vanlon Smith Jr.
“
Maybe you cannot be the CEO of a multinational corporation, but you can frighten a few people, or cause them to scurry around like chickens, or steal from them, or—maybe best of all—create situations that cause them to feel bad about themselves. And this is power, especially when the people you manipulate are superior to you in some way. Most invigorating of all is to bring down people who are smarter or more accomplished than you, or perhaps classier, more attractive or popular or morally admirable. This is not only good fun; it is existential vengeance. And without a conscience, it is amazingly easy to do. You quietly lie to the boss or to the boss's boss, cry some crocodile tears, or sabotage a coworker's project, or gaslight a patient (or a child), bait people with promises, or provide a little misinformation that will never be traced back to you.
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Martha Stout (The Sociopath Next Door)
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It might seem perverse, but the CEO is usually the last to know. With great power comes great ignorance.
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Jason Fried (It Doesn't Have to be Crazy at Work)
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Wokenomics is a powerful weapon for CEOs, which they can readily deploy as a smoke screen to distract from greed, fraud, and malfeasance. It
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Vivek Ramaswamy (Woke, Inc.: Inside Corporate America's Social Justice Scam)
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Stories are the single most powerful weapon any leader can arm themselves with – they are the currency of humanity. Those who tell captivating, inspiring, emotional stories rule the world.
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Steven Bartlett (The Diary of a CEO: The 33 Laws of Business and Life)
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Every year that I live I am more convinced that the waste of life lies in the love we have not given, the powers we have not used, the selfish prudence which will risk nothing, and which, shirking pain, misses happiness as well.” —Mary Cholmondeley
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Robin S. Sharma (The Saint, the Surfer, and the CEO: A Remarkable Story About Living Your Heart's Desires)
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Never underestimate the power of small consistent wins whose effects compound over time.
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Hendrith Vanlon Smith Jr.
“
when he analyzed what the highest-performing companies had in common, the nature of their CEOs jumped out at him. Every single one of them was led by an unassuming man like Darwin Smith.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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A leaders’ goal is to help people, not to please people. Sometimes people resist what’s good for them and you have to give it to them anyway; not in a show of power, but as an act of love.
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Hendrith Vanlon Smith Jr.
“
We'll have better communities, better cities, better states, better nations, and a better world - simply because businesses are creating and adding value for other groups of people. That's the power, the depth and the magnitude of the core essence of business.
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Hendrith Vanlon Smith Jr.
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Contrary to the Harvard Business School model of vocal leadership, the ranks of effective CEOs turn out to be filled with introverts, including Charles Schwab; Bill Gates; Brenda Barnes, CEO of Sara Lee; and James Copeland, former CEO of Deloitte Touche Tohmatsu.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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Many of the most influential business people in history have gone through persecution - allegations of monopoly or fraud or political manipulation, or other things. To some extent, great persecution comes with great influence.
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Hendrith Vanlon Smith Jr.
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A calling is not some fully formed thing that you find,” she tells advice seekers. “It’s much more dynamic. Whatever you do—whether you’re a janitor or the CEO—you can continually look at what you do and ask how it connects to other people, how it connects to the bigger picture, how it can be an expression of your deepest values.
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Angela Duckworth (Grit: The Power of Passion and Perseverance)
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Lucas, I never wanted children. I just want to be CEO. I want money, power, and on occasion, sex
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Norian Love (Money, Power & Sex: A Love Story)
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LinkedIn CEO Jeff Weiner sees “fewer things done better” as the most powerful mechanism for leadership.
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Greg McKeown (Essentialism: The Disciplined Pursuit of Less)
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Devon certainly did understand. Ramsey was like a CEO trying to shore up a dying company, or a dictator refusing to surrender. It was always the same story, she thought tiredly. Just small, angry men, clinging to fading power. They feared living without privilege because they'd abused it against others, and were now terrified of suffering the same cruelty they'd routinely death out.
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Sunyi Dean (The Book Eaters)
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The profit motive is powerful. It incentivizes people to be valuable, efficient and productive. Because profit cannot be sustainability obtained without first being valuable, efficient and productive.
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Hendrith Vanlon Smith Jr.
“
The trick never ages; the illusion never wears off. Vote to stop abortion; receive a rollback in capital gains taxes. Vote to make our country strong again; receive deindustrialization. Vote to screw those politically correct college professors; receive electricity deregulation. Vote to get government off our backs; receive conglomeration and monopoly everywhere from media to meatpacking. Vote to stand tall against terrorists; receive Social Security privatization. Vote to strike a blow against elitism; receive a social order in which wealth is more concentrated than ever before in our lifetimes, in which workers have been stripped of power and CEOs are rewarded in a manner beyond imagining.
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Thomas Frank (What's the Matter With Kansas?: How Conservatives Won the Heart of America)
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Oh God, my chin. I have a cluster of five hairs on the left side of my chin. They’re coarse and wiry, like boar hair, and for the past couple of years, they’ve been my hideous secret and my sworn enemies. They sprout up every couple of days, and so I have to be vigilant. I keep my weapons—Revlon tweezers and a 10X magnifying mirror—at home, in my Sherpa bag, and in my desk drawer at work, so in theory, I can be anywhere, and if one of those evil little weeds pokes through the surface, I can yank it. I’ve been in meetings with CEOs, some of the most powerful men in the world, and could barely stay focused on what they were saying because I’d inadvertently touched my chin and become obsessed with the idea of destroying five microscopic hairs. I hate them, and I’m terrified of someone else noticing them before I do, but I have to admit, there is almost nothing more satisfying than pulling them out.I stroke my chin, expecting to feel my Little Pig beard, but touch only smooth skin. My leg feels like a farm animal, which suggests I haven’t shaved in at least a week, but my chin is bare, which would put me in this bed for less than two days. My body hair isn’t making any sense.
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Lisa Genova (Left Neglected)
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The top 1% holds nearly half of the financial wealth, the greatest concentration of wealth of any industrialized nation, more concentrated than at any time since the Depression. In 1980, on average, CEOs earned 42 times the salary of the average worker, and these days they earn about 476 times that salary. Since 1980, the rich have been getting richer fast and furiously and hard-working people in the middle are sliding down the greasy slope who never imagined this could happen to them. The concentration of wealth and power in the hands of a few is the death knell of democracy. No republic in the history of humankind has survived this.
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Garrison Keillor (Homegrown Democrat: A Few Plain Thoughts from the Heart of America)
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I mean, to talk about "corporate greed" is like talking about "military weapons" or something like that―there just is no other possibility. A corporation is something that is trying to maximize power and profit: that's what it is. There is no "phenomenon" of corporate greed, and we shouldn't mislead people into thinking there is. It's like talking about "robber's greed" or something like that―it's not a meaningful thing, it's misleading. A corporation's purpose is to maximize profit and market share and return to investors, and all that kind of stuff, and if its officers don't pursue that goal, for one thing they are legally liable for not pursuing it. There I agree with Milton Friedman [right-wing economist] and those guys: if you're a C.E.O., you must do that―otherwise you're in dereliction of duty, in fact dereliction of duty. And besides that, if you don't do it, you'll get kicked out by the shareholders or the Board of Directors, and you won't be there very long anyway.
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Noam Chomsky (Understanding Power: The Indispensable Chomsky)
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[Trump] is also the personification of the merger of humans and corporations—a one man megabrand, whose wife and children are spin-off brands, with all the pathologies and conflicts of interest inherent in that. He is the embodiment of the belief that money and power provide license to impose one's will on others, whether that entitlement is expressed by grabbing women or grabbing the finite resources from a planet on the cusp of catastrophic warming. He is the product of a business culture that fetishizes "disruptors" who make their fortunes by flagrantly ignoring both laws and regularity standards. Most of all, he is the incarnation of a still-powerful free-market ideological project—one embraced by centrist parties as well as conservative ones—that wages war on everything public and commonly held, and imagines corporate CEOs and superheroes who will save humanity.
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Naomi Klein (No Is Not Enough: Resisting Trump’s Shock Politics and Winning the World We Need)
“
How do tyrants hold on to power for so long? For that matter, why is the tenure of successful democratic leaders so brief? How can countries with such misguided and corrupt economic policies survive for so long? Why are countries that are prone to natural disasters so often unprepared when they happen? And how can lands rich with natural resources at the same time support populations stricken with poverty? Equally, we may well wonder: Why are Wall Street executives so politically tone-deaf that they dole out billions in bonuses while plunging the global economy into recession? Why is the leadership of a corporation, on whose shoulders so much responsibility rests, decided by so few people? Why are failed CEOs retained and paid handsomely even as their company’s shareholders lose their shirts? In
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Bruce Bueno de Mesquita (The Dictator's Handbook: Why Bad Behavior is Almost Always Good Politics)
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These exceptional CEOs were known not for their flash or charisma but for extreme humility coupled with intense professional will.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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The real power of a leader is in the number of minds he can reach, hearts he can touch, souls he can move, and lives he can change.
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Matshona Dhliwayo
“
The moment you introduce property rights into the equation, everything changes: the starfish organization turns into a spider. If you really want to centralize an organization, hand property rights to the catalyst and tell him to distribute resources as he sees fit. With power over property rights, the catalyst turns into a CEO and circles become competitive.
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Ori Brafman (The Starfish and the Spider: The Unstoppable Power of Leaderless Organizations)
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Judge the powerful by their actions, not their rhetoric; by their deeds, not their words. If democracy is so desirable and wonderful, why aren’t markets, CEOs, managers, bankers, entrepreneurs, monarchs, religious leaders, media moguls, and so on, democratically elected? If they’re not, those in charge don’t rate democracy at all but are advocates of something utterly different. To what is that those who rule us actually subscribe? It’s authoritarian, dictatorial plutocracy – rule by the entrenched, rich elites. That’s the principle by which the world is truly run. Democracy is just a stage show for the marks and suckers, the gullible sheeple that have been so dumbed down that they believe every lie the rich sell them.
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Mike Hockney (All the Rest is Propaganda (The God Series Book 12))
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My hand shakes and some of the coffee I was bringing toward my mouth slips out of the cup and onto the table. Starving? This handsome CEO with his Jaguar and penthouse suite was starving?
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Caterina Passarelli (The Power of Salvation)
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The fact is that the higher you go in an organization, the less you’ll know what it’s really like. It might seem perverse, but the CEO is usually the last to know. With great power comes great ignorance.
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Jason Fried (It Doesn't Have to be Crazy at Work)
“
In 2015, Tesla founder and CEO Elon Musk quipped, “We have this handy fusion reactor in the sky called the sun. You don’t have to do anything. It just works. It shows up every day and produces ridiculous amounts of power.
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Varun Sivaram (Taming the Sun: Innovations to Harness Solar Energy and Power the Planet (Mit Press))
“
Brigham Young University management professor Bradley Agle studied the CEOs of 128 major companies and found that those considered charismatic by their top executives had bigger salaries but not better corporate performance.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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best-performing companies of the late twentieth century were run by what he calls “Level 5 Leaders.” These exceptional CEOs were known not for their flash or charisma but for extreme humility coupled with intense professional will.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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There’s a widespread conviction, spoken and unspoken, that the road to riches is trimmed in Ivy and the reins of power held by those who’ve donned Harvard’s crimson, Yale’s blue and Princeton’s orange, not just on their chests but in their souls. No one told that to the Fortune 500. They’re the American corporations with the highest gross revenues. The list is revised yearly. As I write this paragraph in the summer of 2014, the top ten are, in order, Wal-Mart, Exxon Mobil, Chevron, Berkshire Hathaway, Apple, Phillips 66, General Motors, Ford Motor, General Electric and Valero Energy. And here’s the list, in the same order, of schools where their chief executives got their undergraduate degrees: the University of Arkansas; the University of Texas; the University of California, Davis; the University of Nebraska; Auburn; Texas A&M; the General Motors Institute (now called Kettering University); the University of Kansas; Dartmouth College and the University of Missouri–St. Louis. Just one Ivy League school shows up.
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Frank Bruni (Where You Go Is Not Who You'll Be: An Antidote to the College Admissions Mania)
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The pull of fascist politics is powerful. It simplifies human existence, gives us an object, a “them” whose supposed laziness highlights our own virtue and discipline, encourages us to identify with a forceful leader who helps us make sense of the world, whose bluntness regarding the “undeserving” people in the world is refreshing. If democracy looks like a successful business, if the CEO is tough-talking and cares little for democratic institutions, even denigrates them, so much the better. Fascist politics preys on the human frailty that makes our own suffering seem bearable if we know that those we look down upon are being made to suffer more. Navigating the tensions created by living in a state with a democratic sphere of governance, a nondemocratic hierarchical economic sphere, and a rich, complex civil society replete with organizations, associations, and community groups adhering to multiple visions of a good life can be frustrating. Democratic citizenship requires a degree of empathy, insight, and kindness that demands a great deal of all of us. There are easier ways to live.
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Jason F. Stanley (How Fascism Works: The Politics of Us and Them)
“
For many of us, the companies we work for are an important cultural force in our lives. For instance, growing up, my dad liked to refer to himself as a DuPonter. All the pencils in our house were company-issued, embossed with phrases like Safety First, and my dad would light up every time a DuPont commercial came on television, sometimes even chiming in with the voice-over: “Better things for better living.” I think my dad only met the CEO of DuPont a handful of times, but he’d tell stories of his good judgment the way you might speak of a family war hero.
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Angela Duckworth (Grit: The Power of Passion and Perseverance)
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When architecture is viewed from a capital stewardship perspective, we see that the architect can have a beneficial impact on how vital resources are utilized. Right from the beginning of the design process, the architects choices have the power to influence forests, factories, jobs, land use, community dynamics and so much more. When these things are viewed as capital, and the process of appropriating them is approached with a spirit of stewardship, all of these things are influenced for better instead of for worse. And this results in multiplicative value effects.
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Hendrith Vanlon Smith Jr. (Business Essentials)
“
Soon after being appointed CEO, Smith made a dramatic decision to sell the mills that produced the company’s core business of coated paper and invest instead in the consumer-paper-products industry, which he believed had better economics and a brighter future. Everyone said this was a huge mistake, and Wall Street downgraded Kimberly-Clark’s stock. But Smith, unmoved by the crowd, did what he thought was right. As a result, the company grew stronger and soon outpaced its rivals. Asked later about his strategy, Smith replied that he never stopped trying to become qualified for the job.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
“
... according to a famous study by the influential management theorist Jim Collins, many of the best performing companies of the late twentieth century were run by what he calls "Level 5 Leaders." These exceptional CEOs were known not for their flash or charisma but for extreme humility coupled with intense professional will.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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performing companies had in common, the nature of their CEOs jumped out at him. Every single one of them was led by an unassuming man like Darwin Smith. Those who worked with these leaders tended to describe them with the following words: quiet, humble, modest, reserved, shy, gracious, mild-mannered, self-effacing, understated.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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Personal notes are particularly effective, especially if they emphasize being a role model, treating people well, and living the organization’s values. Doug Conant, a former CEO of Campbell Soup, is well aware of the power of personal recognition. During his tenure as president and CEO, he sent more than 30,000 handwritten notes of thanks to employees.
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Harvard Business Review (HBR's 10 Must Reads On Emotional Intelligence)
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True leaders pursue knowledge, not recognition;
understanding, not titles;
wisdom, not power;
purpose, not riches;
excellence, not success;
opportunities, not obstacles;
character, not fame;
diligence, not entertainment;
happiness, not money;
dignity, not position;
a career, not a job;
influence, not popularity;
performance, not acclaim;
and pursue dreams, not tradition.
True leaders are givers, not takers;
builders, not destroyers;
doers, not talkers;
encouragers, not flatterers;
lovers, not haters;
warriors, not worriers;
forgivers, not shamers;
performers, not complainers;
givers, not takers;
achievers, not quitters;
doers, not doubters;
winners, not losers;
performers, not manipulators;
and are masters, not amatuers.
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Matshona Dhliwayo
“
The gathering of information to control people is fundamental to any ruling power. As resistance to land acquisition and the new economic policies spreads across India, in the shadow of outright war in Central India, as a containment technique, India’s government has embarked on a massive biometrics program, perhaps one of the most ambitious and expensive information gathering projects in the world—the Unique Identification Number (UID). People don’t have clean drinking water, or toilets, or food, or money, but they will have election cards and UID numbers. Is it a coincidence that the UID project run by Nandan Nilekani, former CEO of Infosys, ostensibly meant to “deliver services to the poor,” will inject massive amounts of money into a slightly beleaguered IT industry?50 To digitize a country with such a large population of the illegitimate and “illegible”—people who are for the most part slum dwellers, hawkers, Adivasis without land records—will criminalize them, turning them from illegitimate to illegal. The idea is to pull off a digital version of the Enclosure of the Commons and put huge powers into the hands of an increasingly hardening police state. Nilekani’s technocratic obsession with gathering data is consistent with Bill Gates’s obsession with digital databases, numerical targets, and “scorecards of progress” as though it were a lack of information that is the cause of world hunger, and not colonialism, debt, and skewed profit-oriented corporate policy.51
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Arundhati Roy (Capitalism: A Ghost Story)
“
CEO Gil Amelio stumbled. Ellison may have been baffled when Jobs insisted that he was not motivated by money, but it was partly true. He had neither Ellison’s conspicuous consumption needs nor Gates’s philanthropic impulses nor the competitive urge to see how high on the Forbes list he could get. Instead his ego needs and personal drives led him to seek fulfillment by creating a legacy that would awe people. A dual legacy, actually: building innovative products and building a lasting company. He wanted to be in the pantheon with, indeed a notch above, people like Edwin Land, Bill Hewlett, and David Packard. And the best way to achieve all this was to return to Apple and reclaim his kingdom. And yet when the cup of power neared his lips, he became strangely hesitant, reluctant, perhaps coy. He returned to Apple officially in January 1997 as a part-time advisor, as he had told Amelio he would. He began to assert himself in some personnel areas, especially in protecting his people who had made the transition from NeXT. But in most other ways he was unusually passive. The decision not to ask him to join the board offended him, and he felt demeaned
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Walter Isaacson (Steve Jobs)
“
Caste is the granting or withholding of respect, status, honor, attention, privileges, resources, benefit of the doubt, and human kindness to someone on the basis of their perceived rank or standing in the hierarchy. Caste pushes back against an African-American woman who, without humor or apology, takes a seat at the head of the table speaking Russian. It prefers an Asian-American man to put his technological expertise at the service of the company but not aspire to CEO. Yet it sees as logical a sixteen-year-old white teenager serving as store manager over employees from the subordinate caste three times his age. Caste is insidious and therefore powerful because it is not hatred, it is not necessarily personal. It is the worn grooves of comforting routines and unthinking expectations, patterns of a social order that have been in place for so long that it looks like the natural order of things.
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Isabel Wilkerson (Caste: The Origins of Our Discontents)
“
Musk delved deeply into how solar cells work and the various compounds that can make them more efficient. He concluded the paper with a drawing of the “power station of the future.” It depicted a pair of giant solar arrays in space—each four kilometers in width—sending their juice down to Earth via microwave beams to a receiving antenna with a seven-kilometer diameter. Musk received a 98 on what his professor deemed a “very interesting and well written paper.
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Ashlee Vance (Elon Musk: How the Billionaire CEO of SpaceX and Tesla is Shaping our Future)
“
The one and only personality trait the effective ones I have encountered did have in common was something they did not have: they had little or no ‘charisma’ and little use either for the term or what it signifies.” Supporting Drucker’s claim, Brigham Young University management professor Bradley Agle studied the CEOs of 128 major companies and found that those considered charismatic by their top executives had bigger salaries but not better corporate performance. We
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
“
I am sitting across from the Wall Street investor and CEO of CBS, Larry Tisch. He is somewhat more charming than the fleshy gargoyle face would suggest. And he was, I must say, very good humored when he asked me to reach up to the overhead compartment to get down his jacket and I tipped it upside down so all his money and pens and credit cards rained down on his bald head, and he had to grovel around under the seat and retrieve them. I was tempted to hang on to his Amex.
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Tina Brown (The Vanity Fair Diaries: Power, Wealth, Celebrity, and Dreams: My Years at the Magazine That Defined a Decade)
“
Twitter was a potentially powerful platform for us, but I couldn’t get past the challenges that would come with it. The challenges and controversies were almost too much to list, but they included how to manage hate speech, and making fraught decisions regarding freedom of speech, what to do about fake accounts algorithmically spewing out political “messaging” to influence elections, and the general rage and lack of civility that was sometimes evident on the platform. Those would become our problems. They were so unlike any we’d encountered, and I felt they would be corrosive to the Disney brand. On the Sunday after the board had just given me the go-ahead to pursue the acquisition of Twitter, I sent a note to all of the members telling them I had “cold feet,” and explaining my reasoning for withdrawing. Then I called Jack Dorsey, Twitter’s CEO, who was also a member of the Disney board. Jack was stunned, but very polite. I wished Jack luck, and I hung up feeling relieved.
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Robert Iger (The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company)
“
If you think nothing’s changed in the past 50 years, ask somebody who lived through the Selma or Chicago or Los Angeles of the 1950s. Ask the female CEO who once might have been assigned to the secretarial pool if nothing’s changed. Ask your gay friend if it’s easier to be out and proud in America now than it was thirty years ago. To deny this progress, this hard-won progress—our progress—would be to rob us of our own agency, our own capacity, our responsibility to do what we can to make America better.
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Jon Meacham (His Truth Is Marching On: John Lewis and the Power of Hope)
“
At a young age, Evan would listen in on his father’s long legal calls, which he credits for giving him early business exposure that helped develop his critical thinking and business accumen. He can often become obsessed with ideas, hungrily learning everything he can about them at a rapid pace. Evan is constantly curious and is learning and getting better at being a CEO very quickly. But his two superpowers are (1) his ability to get inside his users’ heads and think like a teenage girl and (2) his knack for attracting brilliant, powerful mentors. Evan loves picking other people’s brains over a walk or a meal. Over the years he has attracted an A-list roster of mentors, including SoftBank’s Nikesh Arora, Twitter’s Jack Dorsey and Google’s Eric Schmidt. He doesn’t just limit these brain dumps to tech luminaries, though, as he often walks and chats with fashion designers, politicians, documentary filmmakers, and other intriguing peers. Often, these impressive people will come speak to Team Snapchat at their Venice headquarters.
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Billy Gallagher (How to Turn Down a Billion Dollars: The Snapchat Story)
“
when he analyzed what the highest-performing companies had in common, the nature of their CEOs jumped out at him. Every single one of them was led by an unassuming man like Darwin Smith. Those who worked with these leaders tended to describe them with the following words: quiet, humble, modest, reserved, shy, gracious, mild-mannered, self-effacing, understated. The lesson, says Collins, is clear. We don’t need giant personalities to transform companies. We need leaders who build not their own egos but the institutions they run.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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But when he analyzed what the highest-performing companies had in common, the nature of their CEOs jumped out at him. Every single one of them was led by an unassuming man like Darwin Smith. Those who worked with these leaders tended to describe them with the following words: quiet, humble, modest, reserved, shy, gracious, mild-mannered, self-effacing, understated. The lesson, says Collins, is clear. We don’t need giant personalities to transform companies. We need leaders who build not their own egos but the institutions they run.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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We're taught to talk about the world as a world of as states conceived as unified, coherent entities. If you study international relations (IR) theory, there's what's called "realist" IR theory, which says there is an anarchic world of states and states pursue their "national interest." It's in large part mythology. There are a few common interests, like we don't want to be destroyed. But, for the most part, people within a nation have very different interests. The interests of the CEO of General Electric and the janitor who cleans his floor are not the same.
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Noam Chomsky (Power Systems: Conversations on Global Democratic Uprisings and the New Challenges to U.S. Empire (American Empire Project))
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What you are asking God to do will induce a major impact on your life. That major impact cannot happen with minor faith. He will carry out His divine plan by providing you with opportunities to advance yourself in Him. Jesus said, in Luke, 10:19, “Behold, I give unto you power to tread on serpents and scorpions, and over all the power of the enemy: and nothing shall by any means hurt you.” He will teach you the skills you need to be a force in your industry, but He will not force you into success. You must reach out and walk through those doors, which are open just for you.
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V.L. Thompson (CEO - The Christian Entrepreneur's Outlook)
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A prison is perhaps the easiest place to see the power of bad incentives. And yet in many walks of life, we find otherwise normal men and women caught in the same trap and busily making the world much less good than it could be. Elected officials ignore long-term problems because they must pander to the short-term interests of voters. People working for insurance companies rely on technicalities to deny desperately ill patients the care they need. CEOs and investment bankers run extraordinary risks—both for their businesses and for the economy as a whole—because they reap the rewards of success without suffering the penalties of failure. District attorneys continue to prosecute people they know to be innocent because their careers depend on winning cases. Our government fights a war on drugs that creates the very problem of black-market profits and violence that it pretends to solve. We need systems that are wiser than we are. We need institutions and cultural norms that make us more honest and ethical than we tend to be. The project of building them is distinct from—and, in my view, even more important than—an individual’s refining his personal ethical code.
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Sam Harris (Lying)
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The essence of Kasulo is a devils' gamble: tunnel diggers risk their lives for the prospects of riches. Mind you, the "richest" income I documented in Kasulo was an average take home-pay of $7 per day. There are spikes to $12 or even $15 when a particularly rich vein of heterogenite is found. That is the lotto ticket everyone is after. The most fortunate tunnel diggers in Kasulo earn around $3,000 per year. By way of comparison, the CEOs of the technology and car companies that buy the cobalt mined from Kasulo earn $3,000 in an hour, and they do so without having to put their lives at risk each day that they go to work.
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Siddharth Kara (Cobalt Red: How the Blood of the Congo Powers Our Lives)
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Another great example of the power of vulnerability -- this time in a corporation -- is the leadership approach taken by Lululemon's CEO, Christine Day. In a video interview with CNN Money, Day explained that she was once a very bright, smart executive who "majored in being right." Her transformation came when she realized that getting people to engage and take ownership wasn't about "the teling" but about letting them come into the idea in a purpose-led way, and that her job was creating the space for others to perform. She chracterized this change as the shift from "having the best idea or problem solving" to "being the best leader of people.
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Brené Brown (Daring Greatly: How the Courage to Be Vulnerable Transforms the Way We Live, Love, Parent, and Lead)
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I vowed to myself that day that I would be wealthy when I grew up. It was my birthday-candle wish. I stood in that tiny dining room on stained carpet, in front of the yard-sale table, and I promised myself something better. I will never live like this when I have the ability to prevent it. I was vehement in this: someday I would be rich. I’m not supposed to say that, I know. Social media is filled with hundreds of male CEOs and self-made entrepreneurs who tout the power of wealth and the justification for achieving it. But, if you’re a woman, it’s frowned upon. It’s impolite. It’s not something good girls do. Good girls don’t talk about money, and they certainly don’t claim it as a life goal, regardless of their reasons why.
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Rachel Hollis (Girl, Stop Apologizing: A Shame-Free Plan for Embracing and Achieving Your Goals (Girl, Wash Your Face))
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The pioneering CEO Harold Geneen compared egoism to alcoholism: “The egotist does not stumble about, knocking things off his desk. He does not stammer or drool. No, instead, he becomes more and more arrogant, and some people, not knowing what is underneath such an attitude, mistake his arrogance for a sense of power and self-confidence.” You could say they start to mistake that about themselves too, not realizing the disease they’ve contracted or that they’re killing themselves with it. If ego is the voice that tells us we’re better than we really are, we can say ego inhibits true success by preventing a direct and honest connection to the world around us. One of the early members of Alcoholics Anonymous defined ego as “a conscious separation from.” From what? Everything
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Ryan Holiday (Ego Is the Enemy)
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Joe Marino, president of Rite-Solutions, and Jim Lavoie, CEO of the company, created this system as a reaction to problems they’d experienced elsewhere. “In my old company,” Lavoie told Berns, “if you had a great idea, we would tell you, ‘OK, we’ll make an appointment for you to address the murder board’”—a group of people charged with vetting new ideas. Marino described what happened next: Some technical guy comes in with a good idea. Of course questions are asked of that person that they don’t know. Like, “How big’s the market? What’s your marketing approach? What’s your business plan for this? What’s the product going to cost?” It’s embarrassing. Most people can’t answer those kinds of questions. The people who made it through these boards were not the people with the best ideas. They were the best presenters.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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REQUIREMENTS TO BE GREAT AT RUNNING HR What kind of person should you look for to comprehensively and continuously understand the quality of your management team? Here are some key requirements: World-class process design skills Much like the head of quality assurance, the head of HR must be a masterful process designer. One key to accurately measuring critical management processes is excellent process design and control. A true diplomat Nobody likes a tattletale and there is no way for an HR organization to be effective if the management team doesn’t implicitly trust it. Managers must believe that HR is there to help them improve rather than police them. Great HR leaders genuinely want to help the managers and couldn’t care less about getting credit for identifying problems. They will work directly with the managers to get quality up and only escalate to the CEO when necessary. If an HR leader hoards knowledge, makes power plays, or plays politics, he will be useless. Industry knowledge Compensation, benefits, best recruiting practices, etc. are all fast-moving targets. The head of HR must be deeply networked in the industry and stay abreast of all the latest developments. Intellectual heft to be the CEO’s trusted adviser None of the other skills matter if the CEO does not fully back the head of HR in holding the managers to a high quality standard. In order for this to happen, the CEO must trust the HR leader’s thinking and judgment. Understanding things unspoken When management quality starts to break down in a company, nobody says anything about it, but super-perceptive people can tell that the company is slipping. You need one of those.
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Ben Horowitz (The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers)
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But those constant interruptions strain the brain further and make a hash of our time. For every interruption, Jonathan Spira writes, it takes ten to twenty times the amount of the interruption time to return to the previous task: It can take five minutes after a mere thirty-second interruption to get back on track. Fully one-third of every worker’s day, he reports, is taken up by these endless cycles of unnecessary interruptions. Even Fortune 500 CEOs, with the ultimate power to predict and control their own time, are not immune. One study found they averaged only twenty-eight uninterrupted, productive minutes a day.24 “This overwhelm is not any one thing,” Huda Akil told me. “It’s not just technology. It’s not just two-career couples. It’s a thousand little stabs. You put that together and it’s like being constantly slightly jet-lagged.
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Brigid Schulte (Overwhelmed: Work, Love, and Play When No One Has the Time)
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The quintessential "self-made man" (and it is almost always a man) is self-sufficient, confident, stoic, righteously industrious, performatively heterosexual, and power. His success is signified through acquisition--home ownership, marriage, and children--and display of taste and things--craft beer and Courvoisier, Teslas and big trucks, bespoke suits and I-don't-care CEO hoodies. On the surface, it looks like that idea has evolved some. We have our Beyonces, Baracks, and Buttigiegs. But that doesn't mean the American Dream has become liberated from its origins or that its promise of freedom is more free. It just means more of us are permitted entry to the club if we do the double duty of conforming to its standards and continuing to meet the ones set for us--women must lean in, queer couples must get married, people of color must be master code-switchers.
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Mia Birdsong (How We Show Up: Reclaiming Family, Friendship, and Community)
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Collins hadn’t set out to make a point about quiet leadership. When he started his research, all he wanted to know was what characteristics made a company outperform its competition. He selected eleven standout companies to research in depth. Initially he ignored the question of leadership altogether, because he wanted to avoid simplistic answers. But when he analyzed what the highest-performing companies had in common, the nature of their CEOs jumped out at him. Every single one of them was led by an unassuming man like Darwin Smith. Those who worked with these leaders tended to describe them with the following words: quiet, humble, modest, reserved, shy, gracious, mild-mannered, self-effacing, understated. The lesson, says Collins, is clear. We don’t need giant personalities to transform companies. We need leaders who build not their own egos but the institutions they run.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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How, then, can Apple claim to be 100 percent renewable? It purchases a fraudulent “100 percent renewable” status from electricity producers. The basic way this works is that Apple pays utilities to give it credit for the solar and wind that others use—and to give others the blame for the coal, gas, and nuclear that Apple uses. It’s as if Apple CEO Tim Cook were traveling with nine other people on a yacht powered 90 percent by diesel and 10 percent by a sail—and Cook claimed that he traveled just using the sail, while the others traveled using the diesel. This energy accounting fraud is shameful and destructive, because it leads us to think that we can have innovators like Apple without the uniquely cost-effective energy we get from fossil fuels. Even worse, leading company after leading company, including Facebook, Google, Bank of America, and Anheuser-Busch, is claiming to be 100 percent renewable.[18]
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Alex Epstein (Fossil Future: Why Global Human Flourishing Requires More Oil, Coal, and Natural Gas--Not Less)
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The most groundbreaking and important work can easily be forgotten and undervalued. Just like cleaning, nursing and teaching today, some of the most important jobs that keep society functioning, are desperately underpaid. While some might argue that bankers, academics and CEOs are paid more because they contribute more to the economy, we need to remember that pay is as much about power as it is productivity. Imagine for a moment what would happen if all the hedge fund managers in the City of London decided collectively to quit their jobs. How much of an impact on our lives would this actually have? While I'm sure there is a case to be argued that the loss of these jobs would cause some damage to the economy, it is not unreasonable to ask whether the world might actually be a better place? Compare this to the alternative case where all the carers - the workers who look after children, the elderly and the sick - stopped turning up for work. The negative human impact would be undeniably immediate and devastating.
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Ben Tippet (Split: Class Divides Uncovered (Outspoken by Pluto))
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We can open a window on a world where all is sound, our creative powers are formidable, and unseen threads connect us all. Leadership is a relationship that brings this possibility to others and to the world, from any chair, in any role. This kind of leader is not necessarily the strongest member of the pack—the one best suited to fend off the enemy and gather in resources—as our old definitions of leadership sometimes had it. The “leader of possibility” invigorates the lines of affiliation and compassion from person to person in the face of the tyranny of fear. Any one of us can exercise this kind of leadership, whether we stand in the position of CEO or employee, citizen or elected official, teacher or student, friend or lover. This new leader carries the distinction that it is the framework of fear and scarcity, not scarcity itself, that promotes divisions between people. He asserts that we can create the conditions for the emergence of anything that is missing. We are living in the land of our dreams. This leader calls upon our passion rather than our fear. She is the relentless architect of the possibility that human beings can be.
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Rosamund Stone Zander (The Art of Possibility: Transforming Professional and Personal Life)
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WE LIVE IN AN age of nontraditional ladder climbing. Not just in politics, but in business and personal development and education and entertainment and innovation. Traditional paths are not just slow; they’re no longer viable if we want to compete and innovate. That’s great news, because throwing out the dues paradigm leads us toward meritocracy. But to be successful, we need to start thinking more like hackers, acting more like entrepreneurs. We have to work smarter, not just harder. We’ll see throughout the following chapters how Sinatra-style credibility and ladder switching—always parlaying for something more—are the foundation for how the most interesting people and companies in the world succeed. It’s not just how presidents get to the top. It’s how CEOs and comedians and racecar drivers hone their skills and make it in the big leagues. It’s how new businesses grow fast, and old businesses grow faster. It’s how entrepreneurs create life-changing products in record time and inventors parlay dreams for bigger dreams. Hacking the ladder is the mind-set they use to get places. The rest of this book is about becoming good enough to deserve it.
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Shane Snow (Smartcuts: The Breakthrough Power of Lateral Thinking)
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I’m not suggesting anyone has acted illegally. To the contrary: CEOs believe they are supposed to maximize shareholder returns, and one means of accomplishing that goal is to play the political game as well as it possibly can be played and field the largest and best legal and lobbying teams available. Trade associations see their role as representing the best interests of their corporate members, which requires lobbying ferociously, raising as much money as possible for political campaigns of pliant lawmakers, and even offering jobs to former government officials. Public officials, for their part, perceive their responsibility as acting in the public interest. But the public interest is often understood as emerging from a consensus of the organized interests appearing before them. The larger and wealthier the organization, the better equipped its lawyers and its experts are to assert what’s good for the public. Any official who once worked for such an organization, or who suspects he may work for one in the future, is prone to find such arguments especially persuasive. Inside the mechanism of the “free market,” the economic and political power of the new monopolies feed off and enlarge each other.
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Robert B. Reich (Saving Capitalism: For the Many, Not the Few)
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The illiberal left does not share this commitment. Their burgeoning philosophy in favor of government power to curtail freedom of thought, speech, and conscience is troubling. Environmentalist Robert F. Kennedy Jr.—a graduate of one of the nation’s most elite law schools, the University of Virginia—said in a September 2014 interview of those who deny climate change, “I wish that there were a law you could punish them under.”36 Accusing the libertarian Koch brothers of “treason” for disagreeing with his view of climate change, he said they should be “at the Hague with all the other war criminals.” He asked rhetorically, “Do I think the Koch brothers should be tried for reckless endangerment? Absolutely, that is a criminal offense and they ought to be serving time for it.” Kennedy’s penchant for arguing for state action against those who do not share his view of climate change is not new. In 2007, he said in a speech at Live Earth that politicians who are “corporate toadies for companies like Exxon and Southern Company” had committed treason and needed to be treated as traitors.37 In 2009, he deemed certain coal companies “criminal enterprises” and declared that one company’s CEO “should be in jail . . . for all of eternity.”38
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Kirsten Powers (The Silencing: How the Left is Killing Free Speech)
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To economists, everything revolves around scarcity - after all, even the biggest spenders can't buy everything. However, the perception of scarcity is not ubiquitous. An empty schedule feels different than a jam-packed workday. And that's not some harmless little feeling. Scarcity impinges on your mind. People behave differently when they perceive a thing to be scarce.
What that thing is doesn't much matter; whether it's too little time, money, friendship, food - it all contributes to experience a "scarcity mentality". And this has benefits. People who experience a sense of scarcity are good at managing their short-term problems. Poor people have an incredible ability - in the short term - to make ends meet, the same way that overworked CEOs can power through to close a deal.
Despite all this, the drawbacks of a "scarcity mentality" are greater than the benefits. Scarcity narrows your focus to your immediate lack, to the meeting that's starting in five minutes or the bills that need to be paid tomorrow. The long-term perspective goes out of the window. "Scarcity consumes you", Shafir explains. "You're less able to focus on other things that are also important to you."
...
There's a key distinction though between people with busy lives and those living in poverty: You can't take a break from poverty.
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Rutger Bregman (Utopia for Realists: How We Can Build the Ideal World)
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Here’s one much worse: that, in the end, everyone’s life is still dominated by the whims of the very rich and the social mores of the slightly rich. And that this new reality is exploited by the people who understand that appearances are more important than reality.
All of which is to say that by fixating on sex, the discussion around sexual harassment misses the key element.
Which is the harassment. The people who end up in positions of power end up in those positions because they are very, very good at humiliation.
That’s their skill.
That’s how they end up as CEOs.
Everyone who has ever had a job has been humiliated by their boss.
This is the nature of the thing.
And, yes, it sucks that the men who end up in power are so fucking crude that the only way they can imagine humiliating women is with sex.
But every single boss who’s humiliating his women underlings is also humiliating his male underlings.
This is who we, as a society, put into power.
Remind me: how many obsequious movies and books and articles have been written about Steve Jobs?
In the end, having a job, even a job like writing, is about interfacing with money, and the biggest lie of our society is that the individual currencies of money are units that measure value.
Money doesn’t measure value.
Money is the measure of humiliation.
What would you do for a dollar?
What would you do for ten dollars?
What would you do for a million dollars?
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Jarett Kobek (Only Americans Burn in Hell)
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Months later, Time magazine would run its now infamous article bragging about how it had been done. Without irony or shame, the magazine reported that “[t]here was a conspiracy unfolding behind the scenes” creating “an extraordinary shadow effort” by a “well-funded cabal of powerful people” to oppose Trump.112 Corporate CEOs, organized labor, left-wing activists, and Democrats all worked together in secret to secure a Biden victory. For Trump, these groups represented a powerful Washington and Democratic establishment that saw an unremarkable career politician like Biden as merely a vessel for protecting their self-interests. Accordingly, when Trump was asked whom he blames for the rigging of the 2020 election, he quickly responded, “Least of all Biden.” Time would, of course, disingenuously frame this effort as an attempt to “oppose Trump’s assault on democracy,” even as Time reporter Molly Ball noted this shadow campaign “touched every aspect of the election. They got states to change voting systems and laws and helped secure hundreds of millions in public and private funding.” The funding enabled the country’s sudden rush to mail-in balloting, which Ball described as “a revolution in how people vote.”113 The funding from Democratic donors to public election administrators was revolutionary. The Democrats’ network of nonprofit activist groups embedded into the nation’s electoral structure through generous grants from Democratic donors. They helped accomplish the Democrats’ vote-by-mail strategy from the inside of the election process. It was as if the Dallas Cowboys were paying the National Football League’s referee staff and conducting all of their support operations. No one would feel confident in games won by the Cowboys in such a scenario. Ball also reported that this shadowy cabal “successfully pressured social media companies to take a harder line against disinformation and used data-driven strategies to fight viral smears.” And yet, Time magazine made this characterization months after it was revealed that the New York Post’s reporting on Hunter Biden’s corrupt deal-making with Chinese and other foreign officials—deals that alleged direct involvement from Joe Biden, resulting in the reporting’s being overtly censored by social media—was substantially true. Twitter CEO Jack Dorsey would eventually tell Congress that censoring the New York Post and locking it out of its Twitter account over the story was “a mistake.” And the Hunter Biden story was hardly the only egregious mistake, to say nothing of the media’s willful dishonesty, in the 2020 election. Republicans read the Time article with horror and as an admission of guilt. It confirmed many voters’ suspicions that the election wasn’t entirely fair. Trump knew the article helped his case, calling it “the only good article I’ve read in Time magazine in a long time—that was actually just a piece of the truth because it was much deeper than that.
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Mollie Ziegler Hemingway (Rigged: How the Media, Big Tech, and the Democrats Seized Our Elections)
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Lucid Motors was started under the name Atieva (which stood for “advanced technologies in electric vehicle applications” and was pronounced “ah-tee-va”) in Mountain View in 2008 (or December 31, 2007, to be precise) by Bernard Tse, who was a vice president at Tesla before it launched the Roadster. Hong Kong–born Tse had studied engineering at the University of Illinois, where he met his wife, Grace. In the early 1980s, the couple had started a computer manufacturing company called Wyse, which at its peak in the early 1990s registered sales of more than $480 million a year. Tse joined Tesla’s board of directors in 2003 at the request of his close friend Martin Eberhard, the company’s original CEO, who sought Tse’s expertise in engineering, manufacturing, and supply chain. Tse would eventually step off the board to lead a division called the Tesla Energy Group. The group planned to make electric power trains for other manufacturers, who needed them for their electric car programs. Tse, who didn’t respond to my requests to be interviewed, left Tesla around the time of Eberhard’s departure and decided to start Atieva, his own electric car company. Atieva’s plan was to start by focusing on the power train, with the aim of eventually producing a car. The company pitched itself to investors as a power train supplier and won deals to power some city buses in China, through which it could further develop and improve its technology. Within a few years, the company had raised about $40 million, much of it from the Silicon Valley–based venture capital firm Venrock, and employed thirty people, mostly power train engineers, in the United States, as well as the same number of factory workers in Asia. By 2014, it was ready to start work on a sedan, which it planned to sell in the United States and China. That year, it raised about $200 million from Chinese investors, according to sources close to the company.
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Hamish McKenzie (Insane Mode: How Elon Musk's Tesla Sparked an Electric Revolution to End the Age of Oil)
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The CEO answered by saying the bill was too high, that he’d pay half of it and that they would talk about the rest. After that, he stopped answering her calls. The underlying dynamic was that this guy didn’t like being questioned by anyone, especially a woman. So she and I developed a strategy that showed him she understood where she went wrong and acknowledged his power, while at the same time directing his energy toward solving her problem. The script we came up with hit all the best practices of negotiation we’ve talked about so far. Here it is by steps: A “No”-oriented email question to reinitiate contact: “Have you given up on settling this amicably?” A statement that leaves only the answer of “That’s right” to form a dynamic of agreement: “It seems that you feel my bill is not justified.” Calibrated questions about the problem to get him to reveal his thinking: “How does this bill violate our agreement?” More “No”-oriented questions to remove unspoken barriers: “Are you saying I misled you?” “Are you saying I didn’t do as you asked?” “Are you saying I reneged on our agreement?” or “Are you saying I failed you?” Labeling and mirroring the essence of his answers if they are not acceptable so he has to consider them again: “It seems like you feel my work was subpar.” Or “… my work was subpar?” A calibrated question in reply to any offer other than full payment, in order to get him to offer a solution: “How am I supposed to accept that?” If none of this gets an offer of full payment, a label that flatters his sense of control and power: “It seems like you are the type of person who prides himself on the way he does business—rightfully so—and has a knack for not only expanding the pie but making the ship run more efficiently.” A long pause and then one more “No”-oriented question: “Do you want to be known as someone who doesn’t fulfill agreements?” From my long experience in negotiation, scripts like this have a 90 percent success rate. That is, if the negotiator stays calm
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Chris Voss (Never Split the Difference: Negotiating as if Your Life Depended on It)
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When Musk took delivery of his F1, CNN was there to cover it. “Just three years ago I was showering at the Y and sleeping on the office floor,” he told the camera sheepishly, “and now obviously, I’ve got a million-dollar car… it’s just a moment in my life.” While other McLaren F1 owners around the world—the sultan of Brunei, Wyclef Jean, and Jay Leno, among others—could comfortably afford it, Musk’s purchase had put a sizable dent in his bank account. And unlike other owners, Musk drove the car to work—and declined to insure it. As Musk drove Thiel up Sand Hill Road in the F1, the car was the subject of their chat. “It was like this Hitchcock movie,” Thiel remembered, “where we’re talking about the car for fifteen minutes. We’re supposed to be preparing for the meeting—and we’re talking about the car.” During their ride, Thiel looked at Musk and reportedly asked, “So, what can this thing do?” “Watch this,” Musk replied, flooring the accelerator and simultaneously initiating a lane change on Sand Hill Road. In retrospect, Musk admitted that he was outmatched by the F1. “I didn’t really know how to drive the car,” he recalled. “There’s no stability systems. No traction control. And the car gets so much power that you can break the wheels free at even fifty miles an hour.” Thiel recalls the car in front of them coming fast into view—then Musk swerving to avoid it. The McLaren hit an embankment, was tossed into the air—“like a discus,” Musk remembered——then slammed violently into the ground. “The people that saw it happen thought we were going to die,” he recalled. Thiel had not worn a seat belt, but astonishingly, neither he nor Musk were hurt. Musk’s “work of art” had not fared as well, having now taken a distinctly cubist turn. Post-near-death experience, Thiel dusted himself off on the side of the road and hitchhiked to the Sequoia offices, where he was joined by Musk a short while later. X.com’s CEO, Bill Harris, was also waiting at the Sequoia office, and he recalled that both Thiel and Musk were late but offered no explanation for their delay. “They never told me,” Harris said. “We just had the meeting.” Reflecting on it, Musk found humor in the experience: “I think it’s safe to say Peter wouldn’t be driving with me again.” Thiel wrung some levity out of the moment, too. “I’d achieved lift-off with Elon,” he joked, “but not in a rocket.
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Jimmy Soni (The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley)
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As I write this, I know there are countless mysteries about the future of business that we’ve yet to unravel. That’s a process that will never end. When it comes to customer success, however, I have achieved absolute clarity on four points. First, technology will never stop evolving. In the years to come, machine learning and artificial intelligence will probably make or break your business. Success will involve using these tools to understand your customers like never before so that you can deliver more intelligent, personalized experiences. The second point is this: We’ve never had a better set of tools to help meet every possible standard of success, whether it’s finding a better way to match investment opportunities with interested clients, or making customers feel thrilled about the experience of renovating their home. The third point is that customer success depends on every stakeholder. By that I mean employees who feel engaged and responsible and are growing their careers in an environment that allows them to do their best work—and this applies to all employees, from the interns to the CEO. The same goes for partners working to design and implement customer solutions, as well as our communities, which provide the schools, hospitals, parks, and other facilities to support us all. The fourth and most important point is this: The gap between what customers really want from businesses and what’s actually possible is vanishing rapidly. And that’s going to change everything. The future isn’t about learning to be better at doing what we already do, it’s about how far we can stretch the boundaries of our imagination. The ability to produce success stories that weren’t possible a few years ago, to help customers thrive in dramatic new ways—that is going to become a driver of growth for any successful company. I believe we’re entering a new age in which customers will increasingly expect miracles from you. If you don’t value putting the customer at the center of everything you do, then you are going to fall behind. Whether you make cars, solar panels, television programs, or anything else, untold opportunities exist. Every company should invest in helping its customers find new destinations, and in blazing new trails to reach them. To do so, we have to resist the urge to make quick, marginal improvements and spend more time listening deeply to what customers really want, even if they’re not fully aware of it yet. In the end, it’s a matter of accepting that your success is inextricably linked to theirs.
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Marc Benioff (Trailblazer: The Power of Business as the Greatest Platform for Change)
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My friend Richard Carrion, the CEO of Puerto Rico’s top bank, once shared a line with me that I’ll never forget: “Robin, nothing fails like success.” Powerful thought. Your business is most vulnerable when it’s most successful. Success actually breeds complacency, inefficiency and – worst of all – arrogance. Whenever I share this point with a roomful of CEOs, every one of them nods their head at this one. Please let me give you a real-world example from my own life.
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Robin S. Sharma
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At the café chain Pret A Manger, for example, regular customers noticed that, every now and then, they’d be given something for free with their order. One service expert wrote, of getting free coffee, “It has happened a few times over the last few years, too often for it to be a coincidence, yet so infrequent that it is unexpected. This makes me feel valued as a customer, puts a smile on my face and encourages me to visit again.” These “spontaneous” gifts are only half-spontaneous, as it turns out. Pret A Manger employees are allowed to give away a certain number of hot drinks and food items every week. Pret CEO Clive Schlee said of his staffers, “They will decide ‘I like the person on the bicycle’ or ‘I like the guy in the tie’ or ‘I fancy that girl or that boy.’ It means 28% of people have had something free.” Think on that. Almost a third of customers have gotten something free at least once. (Probably more than once, if they have dimples.) Other retail chains provide discounts or freebies to customers who use loyalty cards, of course, but Schlee told the Standard newspaper he rejected that approach: “We looked at loyalty cards but we didn’t want to spend all that money building up some complicated Clubcard-style analysis.” This is ingenious. Pret A Manger has restored the surprise and humanity to perks that, in a loyalty card scheme, would have been systematized. Note that the giveaways are satisfying for the staff as well as the customers. In an industry where rules tend to govern every employee behavior, it’s a relief for employees to be given some discretion: Hey, every week, give away some stuff to whomever you like. It broke the script for them, too. In the service business, a good surprise is one that delights employees as well as customers.
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Chip Heath (The Power of Moments: Why Certain Moments Have Extraordinary Impact)
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This is what happened when I cofounded LinkedIn. The key business model innovations for LinkedIn, including the two-way nature of the relationships and filling professionals’ need for a business-oriented online identity, didn’t just happen organically. They were the result of much thought and reflection, and I drew on the experiences I had when founding SocialNet, one of the first online social networks, nearly a decade before the creation of LinkedIn. But life isn’t always so neat. Many companies, even famous and successful ones, have to develop their business model innovation after they have already commenced operations. PayPal didn’t have a business model when it began operations (I was a key member of the PayPal executive team). We were growing exponentially, at 5 percent per day, and we were losing money on every single transaction we processed. The funny thing is that some of our critics called us insane for paying customers bonuses to refer their friends. Those referral bonuses were actually brilliant, because their cost was so much lower than the standard cost of acquiring new financial services customers via advertising. (We’ll discuss the power and importance of this kind of viral marketing later on.) The insanity, in fact, was that we were allowing our users to accept credit card payments, sticking PayPal with the cost of paying 3 percent of each transaction to the credit card processors, while charging our users nothing. I remember once telling my old college friend and PayPal cofounder/ CEO Peter Thiel, “Peter, if you and I were standing on the roof of our office and throwing stacks of hundred-dollar bills off the edge as fast as our arms could go, we still wouldn’t be losing money as quickly as we are right now.” We ended up solving the problem by charging businesses to accept payments, much as the credit card processors did, but funding those payments using automated clearinghouse (ACH) bank transactions, which cost a fraction of the charges associated with the credit card networks. But if we had waited until we had solved this problem before blitzscaling, I suspect we wouldn’t have become the market leader.
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Reid Hoffman (Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies)
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Toms Shoes CEO Blake Mycoskie harnessed the power of purpose by deciding to give away one pair of shoes to a child in the developing world for every pair sold.
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Peter H. Diamandis (Bold: How to Go Big, Create Wealth and Impact the World (Exponential Technology Series))
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If you want to increase your success rate, double your failure rate. Thomas J. Watson, Former Chairman and CEO of IBM
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Dan Siroker (A/B Testing: The Most Powerful Way to Turn Clicks Into Customers)
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Research from Brunel University shows that chess students who trained with coaches increased on average 168 points in their national ratings versus those who didn’t. Though long hours of deliberate practice are unavoidable in the cognitively complex arena of chess, the presence of a coach for mentorship gives players a clear advantage. Chess prodigy Joshua Waitzkin (the subject of the film Searching for Bobby Fischer) for example, accelerated his career when national chess master Bruce Pandolfini discovered him playing chess in Washington Square Park in New York as a boy. Pandolfini coached young Waitzkin one on one, and the boy won a slew of chess championships, setting a world record at an implausibly young age. Business research backs this up, too. Analysis shows that entrepreneurs who have mentors end up raising seven times as much capital for their businesses, and experience 3.5 times faster growth than those without mentors. And in fact, of the companies surveyed, few managed to scale a profitable business model without a mentor’s aid. Even Steve Jobs, the famously visionary and dictatorial founder of Apple, relied on mentors, such as former football coach and Intuit CEO Bill Campbell, to keep himself sharp. SO, DATA INDICATES THAT those who train with successful people who’ve “been there” tend to achieve success faster. The winning formula, it seems, is to seek out the world’s best and convince them to coach us. Except there’s one small wrinkle. That’s not quite true. We just held up Justin Bieber as an example of great, rapid-mentorship success. But since his rapid rise, he’s gotten into an increasing amount of trouble. Fights. DUIs. Resisting arrest. Drugs. At least one story about egging someone’s house. It appears that Bieber started unraveling nearly as quickly as he rocketed to Billboard number one. OK, first of all, Bieber’s young. He’s acting like the rock star he is. But his mentor, Usher, also got to Billboard number one at age 18, and he managed to dominate pop music for a decade without DUIs or egg-vandalism incidents. Could it be that Bieber missed something in the mentorship process? History, it turns out, is full of people who’ve been lucky enough to have amazing mentors and have stumbled anyway.
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Shane Snow (Smartcuts: The Breakthrough Power of Lateral Thinking)
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Get out,” Evan Williams said to the woman standing in his office doorway. “I’m going to throw up.” She stepped backward, pulling the door closed, a metal clicking sound reverberating through the room as he grabbed the black wastebasket in the corner of his office, his hands now shaking and clammy. This was it. His last act as the CEO of Twitter would be throwing up into a garbage can.
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Nick Bilton (Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal)
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@Loser-CEO: @GuyKawasaki, Art Of The Start kitabını ekibim için fotokopiyle çoğalttım. Sence cimri miyim yoksa şerefsiz mi?
@GuyKawasaki: .@Loser-CEO cimri bir şerefsizsin.
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Guy Kawasaki (The Art of Social Media: Power Tips for Power Users)