My Rating: 6/10 How Google Works – Quite boring book to read to say the least. It’s written from 3rd person perspective too – referring to Eric Schmidt – “he did this and he did that..” which was kind of strange for me, since the book was supposedly written by Eric Schmidt himself (& Jonathan. Couldn’t they just write different chapters on their own?). It’s a very general book too, nothing special. It talks a lot about hiring “smart creatives”, so I think that could be the central theme of this book, everything else was just common sense stuff.
Smart creatives – are impatient, outspoken risk-takers who are easily bored and change jobs frequently. They are intellectually versatile, typically combining technical depth with business savvy and creative flair.
My Rating: 9/10The Four Steps to the Epiphany – It’s a must read book for all Tech Entrepreneurs. Newer version of the book is called The Startup Owner’s Manual. Author of the book Steve Blank, was the lecturer of Eric Ries who popularized the Lean Startup book/movement. This book will teach you how not to build a company, and to avoid many pitfalls that early entrepreneurs normally do. It’s a highly recommended book that will change the way you approach building and growing startups.
My Rating: 6.5/10Zero to One – this is a very easy to read and simple book. Peter Thiel touches on many topics with simple examples (oftentimes too simplistic). But one takeaway from this book is, he suggests that everyone should try to build a monopoly-company (i.e proprietary products and solutions, closed ecosystem, patents etc). He argues that instead of competing with your competitors in the perfect competition market, which results in marginal increase in revenue, you should build a monopoly company where you can charge a lot higher margins for your products and services. He also argues that many of the successful companies (eg; Google, Apple etc) are monopolists, but they have been successful in “tricking” everyone that they are competing in a very competitive industry.
I have had this idea of reviewing books that I’ve read with a very short review – only the gist of them, the main theme so to speak – and it shouldn’t be more than five sentences. So, here goes the first one.
My Rating: 8.5/10The Innovator’s Dilemma – this book argues that the processes and resource allocation priorities that are setup in big corporations are not startup (new idea) friendly. For this very reason, it argues that big corporations often miss the boat on the new emerging and disruptive technologies. Because they are setup to keep churning more and more revenues from existing products and services. Their focus is to improve existing line of products and services, and ignore the new emerging technologies that are initially not directly competing with them.
Eg; Telcos – SMS vs Whatsapp, Taxis vs Uber, Hotels vs Airbnb etc.