book / built
The Crutch
“I wrote the crutch because I felt that. The Crux because I felt that that kernel was not sufficiently sharp enough for peak.”
Public evidence record
Richard Rumelt
Published podcast speaker
- Claims
- 13
- Episodes
- 1
- Shows
- 1
- Named items
- 4
Books, apps, and tools
The evidenced stack.
book / recommends
Only the Paranoid Survive
“I'd recommend Andy Grove's book Only the Paranoid Survive, and a few others, but I recommend that people read more broadly about people, Rockefeller's histories, it's fantastic.”
book / recommends
The Innovator's Dilemma
“It sort of is. The books that I'm... Clayton Christensen's stuff about The Innovator's Dilemma is always solid. Books on strategy that I recommend to other people on... There aren't that many. So, I like Playing to Win by Roger Martin. I really recommend other kinds of books, strategy books. It's easy to get a list of strategy books, but I think you should read biographies and histories. I think the book about Steve Jobs is brilliant. I like books about business leaders. I'd recommend Andy Grove's book Only the Paranoid Survive, and a few others, but I recommend that people read more broadly about people, Rockefeller's histories, it's fantastic. The stuff about Rockefeller and how he put together... Rockefeller was a robber baron and he built an empire and all that, you learn that in school, but what you don't learn in school is he dropped the cost of a gallon of kerosene from $1 to 10 cents. That's the robber baron, and he made kerosene so inexpensive that he drove all the little mom and pop proprietors out of business, which is why they hated him. So, he was a vicious competitor, but he dropped the price of something by an order of magnitude, fascinating. So, it's important to understand stories, not just theories, but stories.”
book / likes
Playing to Win
“It sort of is. The books that I'm... Clayton Christensen's stuff about The Innovator's Dilemma is always solid. Books on strategy that I recommend to other people on... There aren't that many. So, I like Playing to Win by Roger Martin. I really recommend other kinds of books, strategy books. It's easy to get a list of strategy books, but I think you should read biographies and histories. I think the book about Steve Jobs is brilliant. I like books about business leaders. I'd recommend Andy Grove's book Only the Paranoid Survive, and a few others, but I recommend that people read more broadly about people, Rockefeller's histories, it's fantastic. The stuff about Rockefeller and how he put together... Rockefeller was a robber baron and he built an empire and all that, you learn that in school, but what you don't learn in school is he dropped the cost of a gallon of kerosene from $1 to 10 cents. That's the robber baron, and he made kerosene so inexpensive that he drove all the little mom and pop proprietors out of business, which is why they hated him. So, he was a vicious competitor, but he dropped the price of something by an order of magnitude, fascinating. So, it's important to understand stories, not just theories, but stories.”
Claim ledger
What Richard said.
9 transcript-backed records
01 / evaluation
On the other hand, having a well-established reputation of a certain type can be the opposite of power because people don't expect you to be able to do something new.
“On the other hand, having a well-established reputation of a certain type can be the opposite of power because people don't expect you to be able to do something new.”
- Speaker
- Richard Rumelt
- Publisher
- Lenny's Podcast
02 / evaluation
I say power because there are different ways in which power is exhibited and you have to focus the power on a target that can actually be affected or achieved.
“I say power because there are different ways in which power is exhibited and you have to focus the power on a target that can actually be affected or achieved.”
- Speaker
- Richard Rumelt
- Publisher
- Lenny's Podcast
03 / evaluation
The politicians right now sort of decided for a few years that the problem is housing's too expensive, we're going to build housing at $700,000 a unit and give it to the all people.
“The politicians right now sort of decided for a few years that the problem is housing's too expensive, we're going to build housing at $700,000 a unit and give it to the all people.”
- Speaker
- Richard Rumelt
- Publisher
- Lenny's Podcast
04 / evaluation
Because there comes a point where everybody who can afford one has got one, and then the new sales drop off.
“Because there comes a point where everybody who can afford one has got one, and then the new sales drop off.”
- Speaker
- Richard Rumelt
- Publisher
- Lenny's Podcast
05 / evaluation
The United States went to Afghanistan and it wanted to catch Osama bin Laden, but at the same time they didn't want to put an army in the shield to actually catch him because it would the embarrassing to have that many Americans in the field.
“The United States went to Afghanistan and it wanted to catch Osama bin Laden, but at the same time they didn't want to put an army in the shield to actually catch him because it would the embarrassing to have that many Americans in the field.”
- Speaker
- Richard Rumelt
- Publisher
- Lenny's Podcast
06 / evaluation
We don't know much more than, what, 2,000, 3,000 years ago, which is you put five to eight smart people in a room and you tell them to come up with something.
“We don't know much more than, what, 2,000, 3,000 years ago, which is you put five to eight smart people in a room and you tell them to come up with something.”
- Speaker
- Richard Rumelt
- Publisher
- Lenny's Podcast
07 / evaluation
Well, having more people go to college doesn't solve the problem of 15 year olds not being able to do elementary math.
“Well, having more people go to college doesn't solve the problem of 15 year olds not being able to do elementary math.”
- Speaker
- Richard Rumelt
- Publisher
- Lenny's Podcast
08 / evaluation
If you don't have access to other times and other places and other things that have happened, it's very hard to think strategically about the situation you're in because there isn't a science of strategy.
“If you don't have access to other times and other places and other things that have happened, it's very hard to think strategically about the situation you're in because there isn't a science of strategy.”
- Speaker
- Richard Rumelt
- Publisher
- Lenny's Podcast
09 / evaluation
What we called years ago, network effects, where the more users you have, the more useful a product is. So I think the idea of network effects first arose with the telehealth system, which the idea was that you don't want to be connected to a telephone system that only connects to two other people.
“What we called years ago, network effects, where the more users you have, the more useful a product is. So I think the idea of network effects first arose with the telehealth system, which the idea was that you don't want to be connected to a telephone system that only connects to two other people.”
- Speaker
- Richard Rumelt
- Publisher
- Lenny's Podcast