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Book Summaries

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In The Power of the Other: The startling effect other people have on you, from the boardroom to the bedroom and beyond-and what to do about it, Psychologist and author Dr. Henry Cloud write about the power of association – the power that someone else, not you, has in your life of performance, achievement, and well-being.

“human performance requires fuel from relationship. But, the booster engine is not the rocket. The support is not the performance.”

“It is a story told through a life of creating and developing things, as well as expressing a call to arms for young people to become engineers, creating solutions to our current and future problems.”

James Dyson is one of my favorite living Entrepreneur for his passion for creating elegant products with great design. In Invention: A Life, Dyson describes his many failures as an inventor, the importance of mentorship, education, and self-reliance. The book explores his love for great design, scientists, innovators, engineers and farming.

The Book explores his constant desire to learn, fearlessness to step into the unknown, and an unflagging spirit of entrepreneurialism. Ultimately, it is a celebration of the role that young minds play in solving the world’s biggest problems, regardless of experience. 1

“Remember that there is nothing wrong with being persistently dissatisfied or even afraid. We should follow our interests and instincts, mistrusting experts, knowing that life is one long journey of learning, often from mistakes. We must keep on running and we really can do better!”

I saw the Netflix miniseries first and I really loved it, I had to read the book. The Series is one of my favorite Nigerian Netflix series ever: Educative, Informative, Engaging, and Funny. Author Arese Ugwu describes the money issues most millennials can relate to – consumerism, retail therapy, fear and misconception about money, societal pressures, and the roles they play in success and failure. 

The book presents the basic concepts of earning, budgeting, spending, borrowing, saving, investing as well as the behavioural and emotional aspects of money in a practical way that makes it easy to personalise.

Although Arese wrote the book with women as her primary audience, I found the lessons in the book to be very helpful for all gender. Each chapter in the book and episode in the Netflix series ends with a financial principle/nugget called Smart Money Lessons. The book shares the story of a typical Nigerian millennial that is very relatable, the roller coaster of being a Nigerian or African, black tax, lifestyle decisions that eventually affect our financial future.

The Smart Money Woman revolves around five young women and how they take control of their finances and assets, the series focuses on spending culture of women and how it ultimately affects their finances on the long run, the series also talks about how friendship, peer pressure and societal influence can affect how we spend money, It also features and teaches how women should learn to invest in their themselves amidst romantic and financial losses. 1

Arese is the Founder of smartmoneyafrica.org a personal finance platform for the African millennial. As a contributor to the Guardian newspaper, the host on Guardian TV’s new personal finance show “Your Life Your Money”, and a co-host for “Analyse This” on Ndani TV, she has helped shape the new narrative on personal finance in the media.

Rating – 9/10 (Loved the Book)

In Show Your Work!: 10 Ways to Share Your Creativity and Get Discovered, author Austin Kleon writes about self-promotion, thinking about your work as a never-ending process, how to share your process in a way that attracts people who might be interested in what you do, and how to deal with the ups and downs of putting yourself and your work out in the world.

Show Your Work is a list of 10 ways to share your creativity and get discovered in the process. The big idea of the book is that creativity is about the process and not the product. By sharing your process openly, you can build an audience that you can use to gather feedback, make a personal and professional connection or patronage.

Show Your Work! Book Trailer from Austin Kleon on Vimeo.

The Web’s Lesson: When Something Halves in Price Each Year, Zero Is Inevitable.

In Free: The Future of a Radical Price, English-American author, entrepreneur and former Editor in chief of Wired magazine, examines the freemium strategy where products and services are initially given to customers for free, and how businesses can profit more in the long run.

The costs associated with the growing online economy are trending toward zero at an incredible rate.

Anderson argues that in many instances businesses can profit more from giving things away than they can by charging for them. Far more than a promotional gimmick, Free is a business strategy that may well be essential to a company’s survival.

I am a super fan of the Masters of Scale podcast hosted by Reid Hoffman (founder of LinkedIn, investor at Greylock). In each episode of the podcast, Reid interviews visionary leaders and founders, distilling the strategies that power their company’s growth.

In Masters of Scale: Surprising Truths from the World’s Most Successful Entrepreneurs, teams up with Masters of Scale’s executive producers to offer a rare window into the entrepreneurial mind, sharing hard-won wisdom from leaders of iconic companies (including Apple, Nike, Netflix, Spotify, Starbucks, Google, Instagram, and Microsoft) as well as the bold, disruptive startups (such as 23andMe, TaskRabbit, Black List, and Walker & Co.) that are solving the problems of the twenty-first century.

Each chapter identifies one of ten key themes that carry you through the entrepreneurial journey. The journey begins with surprising ways to surface and recognize your big idea, then proceeds to some of the early-stage challenges of building and funding a new venture, a period when you must do things that don’t scale now in order to scale later.

Each chapter identifies one of ten key themes that carry you through the entrepreneurial journey. The journey begins with surprising ways to surface and recognize your big idea, then proceeds to some of the early-stage challenges of building and funding a new venture, a period when you must do things that don’t scale now in order to scale later.

 Our chief want in life is somebody who will make us do what we can. – Ralph Waldo Emerson

In Swim!: How a Shark, a Suckerfish, and a Parasite Teach You Leadership, Mentoring, and Next Level Success, American former professional basketball player, and peak performance speaker Walter Bond writes about timeless lessons that we can learn from Sharks, Suckerfishes and parasites. How to develop a shark mentality, live with the suckerfishes and manage the parasites in our lives.

Great leaders influence; bad leaders rule. A shark should recognize a suckerfish’s weaknesses or shortcomings and have a heart to help them grow and improve, knowing they are valuable.

At the core of Walter’s teaching is the sacred six:

  1. Sharks never stop moving forward.
  2. Sharks never look down; they always look up.
  3. Sharks are always curious and always learning.
  4. Sharks always respect their environment and recognize other sharks.
  5. Sharks are always flexible.
  6. Sharks always elevate their suckerfish to new levels.

“When we live in harmony with the Sacred Six, we are truly swimming like sharks. Sharks just don’t swim, they SWIM.

In Disarming the Narcissist: Surviving and Thriving with the Self-Absorbed, psychotherapist Wendy T. Behary offers a practical tool kit that gives readers insights into how to manage the emotional challenges of relating to someone who does not relate to us: the narcissistic individual. The book is a how-to survival guide filled with useful tips informed by two branches of science: the cognitive science view of how the mind is organized around schemas, and interpersonal neurobiology.

Swimming is, by our human definition, a constant state of not drowning.

In Why We Swim, New York Times contributor and swimmer Bonnie Tsui writes about the art of swimming, profiled swimming enthusiasts and long-distance swimmers such as Lewis Pugh,   Lynne Cox, Kim Chambers, Diana Nyad, Gertrude Ederle, Olympic champions such as Michael Phelps,  Katie Ledecky, Dara Torres.

She also writes about everyday people such as a Baghdad swim club that meets in Saddam Hussein’s former palace pool, modern-day Japanese samurai swimmers, and an Icelandic fisherman who improbably survives a wintry six-hour swim after a shipwreck. Bonnie investigates what it is about water that seduces us, and why we come back to it again and again.

In Too Much Information: Understanding What You Don’t Want to Know,  American legal scholar Cass R. Sunstein examines the effects of information on our lives. Policymakers emphasize “the right to know,” but Sunstein takes a different perspective, arguing that the focus should be on human well-being and what information contributes to it. Government should require companies, employers, hospitals, and others to disclose information not because of a general “right to know” but when the information in question would significantly improve people’s lives.

“Hard things are hard because there are no easy answers or recipes. They are hard because your emotions are at odds with your logic. They are hard because you don’t know the answer and you cannot ask for help without showing weakness.”

In The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers cofounder of Andreessen Horowitz, Ben Horowitz shares timeliness advice on building and running a startup. Ben tells the story of how his company Opsware went from doomed in the eyes of the world to a $1.6 billion outcome with no recapitalization. He shares war stories including several near bankruptcies, a stock price of $0.35 per share, unlimited bad press, and three separate layoffs where they lost a total of four hundred employees.

Ben describes strategies for laying off employees and executives the right way, communicating effectively, demoting a loyal friend, lessons learned as a founder-ceo, managing the toughest problems and making the tough calls.

Ben shared the insights he’s gained developing, managing, selling, buying, investing in, and supervising technology companies. A lifelong rap fanatic, he amplifies business lessons with lyrics from his favorite songs, telling it straight about everything from firing friends to poaching competitors, cultivating and sustaining a CEO mentality to knowing the right time to cash in.

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