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><channel><title>Business &#8211; Rich Maloy</title> <atom:link href="http://richmaloy.com/genre/business/feed/" rel="self" type="application/rss+xml" /><link>http://richmaloy.com</link> <description>Life, The Universe, and Everything</description> <lastBuildDate>Mon, 08 Apr 2019 04:17:47 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod> hourly </sy:updatePeriod> <sy:updateFrequency> 1 </sy:updateFrequency> <generator>https://wordpress.org/?v=6.9.4</generator><image> <url>https://i0.wp.com/richmaloy.com/wp-content/uploads/2017/02/cropped-richmaloy-vert.png?fit=32%2C32</url><title>Business &#8211; Rich Maloy</title><link>http://richmaloy.com</link> <width>32</width> <height>32</height> </image> <site
xmlns="com-wordpress:feed-additions:1">124687649</site> <item><title>Measure What Matters by John Doerr</title><link>http://richmaloy.com/book-review/measure-what-matters/</link> <dc:creator><![CDATA[Rich]]></dc:creator> <pubDate>Wed, 25 Apr 2018 04:11:16 +0000</pubDate> <guid
isPermaLink="false">http://richmaloy.com/?post_type=book-review&#038;p=2268</guid><description><![CDATA[I was all gung-ho on OKRs for a while and when this book came out, I picked it up right away. While the stories are great, I kind of wanted more out of it. Really what the book did for me was whet my appetite to read about Andy Grove. I've since backed off my initial excitement for OKRs after hearing some strong counter arguments from startup CEOs, including my partner at SpringTime, Jeff Gardner. Hearing how OKRs work against the direction of a company and its path to growth was enlightening. Regardless, if you want to learn about OKRs this has a number of interesting stories about how they've been implemented in successful companies, as well as clear guidelines and definitions. Dig in!<div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a>, <a
href="http://richmaloy.com/?genre=startups">Startups</a></span><br
/></div>]]></description> <content:encoded><![CDATA[<p>I was all gung-ho on OKRs for a while and when this book came out, I picked it up right away. While the stories are great, I kind of wanted more out of it. Really what the book did for me was whet my appetite to read about Andy Grove.</p><p>I&#8217;ve since backed off my initial excitement for OKRs after hearing some strong counter arguments from startup CEOs, including my partner at SpringTime, Jeff Gardner. Hearing how OKRs work against the direction of a company and its path to growth was enlightening.</p><p>Regardless, if you want to learn about OKRs this has a number of interesting stories about how they&#8217;ve been implemented in successful companies, as well as clear guidelines and definitions. Dig in!</p><h3 class="bc-heading
bc-color-basebc-spacing-smallbc-size-mediumbc-text-bold">Publisher&#8217;s Summary</h3><div
class="bc-boxbc-box-padding-nonebc-spacing-small"></p><p>Legendary venture capitalist John Doerr reveals how the goal-setting system of Objectives and Key Results (OKRs) has helped tech giants from Intel to Google achieve explosive growth &#8211; and how it can help any organization thrive.</p><p>In the fall of 1999, John Doerr met with the founders of a start-up whom he&#8217;d just given $12.5 million, the biggest investment of his career. Larry Page and Sergey Brin had amazing technology, entrepreneurial energy, and sky-high ambitions, but no real business plan. For Google to change the world (or even to survive), Page and Brin had to learn how to make tough choices on priorities while keeping their team on track. They&#8217;d have to know when to pull the plug on losing propositions, to fail fast. And they needed timely, relevant data to track their progress &#8211; to measure what mattered.</p><p>Doerr taught them about a proven approach to operating excellence: Objectives and Key Results. He had first discovered OKRs in the 1970s as an engineer at Intel, where the legendary Andy Grove (&#8220;the greatest manager of his or any era&#8221;) drove the best-run company Doerr had ever seen. Later, as a venture capitalist, Doerr shared Grove&#8217;s brainchild with more than 50 companies. Wherever the process was faithfully practiced, it worked.</p><p>In this goal-setting system, objectives define what we seek to achieve; key results are how those top-priority goals will be attained with specific, measurable actions within a set time frame. Everyone&#8217;s goals, from entry level to CEO, are transparent to the entire organization.</p><p>The benefits are profound. OKRs surface an organization&#8217;s most important work. They focus effort and foster coordination. They keep employees on track. They link objectives across silos to unify and strengthen the entire company. Along the way, OKRs enhance workplace satisfaction and boost retention.</p><p>In <i>Measure What Matters</i>, Doerr shares a broad range of first-person, behind-the-scenes case studies, with narrators including Bono and Bill Gates, to demonstrate the focus, agility, and explosive growth that OKRs have spurred at so many great organizations. This book will help a new generation of leaders capture the same magic.</p></div><div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a>, <a
href="http://richmaloy.com/?genre=startups">Startups</a></span><br
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xmlns="com-wordpress:feed-additions:1">2268</post-id> </item> <item><title>Startup CEO by Matt Blumberg</title><link>http://richmaloy.com/book-review/startup-ceo/</link> <dc:creator><![CDATA[Rich]]></dc:creator> <pubDate>Sat, 16 Aug 2014 05:08:21 +0000</pubDate> <guid
isPermaLink="false">http://richmaloy.com/?post_type=book-review&#038;p=2219</guid><description><![CDATA[I really want to be able to strongly recommend this to most of the startups I work with on a daily basis, but it's not for early stage startups. I have to keep in mind that this series of startup books originated with Brad Feld from Foundry Group, a venture firm that invests in Series A &#038; B rounds. The vast majority of the startups I see and work with are at the angel and seed level of capital and growth. As such, advice such as annual 360 reviews is not the most critical advice I would offer early stage startups.The title may have been better as "Scale-up CEO" and targeting companies that have found a scalable, repeatable business model. With the idea in mind that this is for "scale-up" executives, then I heartily recommend it. But for me and my audience, it's something to aspire towards. <div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a>, <a
href="http://richmaloy.com/?genre=startups">Startups</a></span><br
/></div>]]></description> <content:encoded><![CDATA[<p>I really want to be able to strongly recommend this to most of the startups I work with on a daily basis, but it&#8217;s not for early stage startups. I have to keep in mind that this series of startup books originated with Brad Feld from Foundry Group, a venture firm that invests in Series A &amp; B rounds. The vast majority of the startups I see and work with are at the angel and seed level of capital and growth. As such, advice such as annual 360 reviews is not the most critical advice I would offer early stage startups.</p><p>The title may have been better as &#8220;Scale-up CEO&#8221; and targeting companies that have found a scalable, repeatable business model.</p><p>With the idea in mind that this is for &#8220;scale-up&#8221; executives, then I heartily recommend it. But for me and my audience, it&#8217;s something to aspire towards.</p><h3 class="bc-heading
bc-color-basebc-spacing-smallbc-size-mediumbc-text-bold">Publisher&#8217;s Summary</h3><div
class="bc-boxbc-box-padding-nonebc-spacing-small"></p><blockquote><p>A definitive book for any CEO &#8211; first time or otherwise &#8211; of a high-growth company.</p><p>While big company CEOs are usually groomed for the job for years, startup CEOs aren&#8217;t &#8211; and they&#8217;re often young and relatively inexperienced in business in general.</p><p>Author Matt Blumberg, a technology and marketing entrepreneur, knows this all too well. Back in 1999, he started a company called Return Path, which later became the driving force behind the creation of his blog, <i>OnlyOnce</i> &#8211; because &#8220;you&#8217;re only a first time CEO once.&#8221;</p><p>Now, more than a decade later, he&#8217;s written <i>Startup CEO</i>. As the fifth in the StartUp Revolution series, this reliable resource is based on Blumberg&#8217;s experience as a startup CEO and covers a number of issues he&#8217;s faced over the dozen years he&#8217;s been a CEO.</p><p>Engaging and informative, this book is essential reading for any, and every, CEO.</p></blockquote></div><div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a>, <a
href="http://richmaloy.com/?genre=startups">Startups</a></span><br
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xmlns="com-wordpress:feed-additions:1">2219</post-id> </item> <item><title>Founder&#8217;s Dilemmas, The by Noam Wasserman</title><link>http://richmaloy.com/book-review/founders-dilemmas/</link> <dc:creator><![CDATA[Rich]]></dc:creator> <pubDate>Fri, 02 May 2014 05:21:23 +0000</pubDate> <guid
isPermaLink="false">http://richmaloy.com/?post_type=book-review&#038;p=2201</guid><description><![CDATA[I had the pleasure of seeing Noam speak at Techstars in Boulder, and I was deeply impressed by his research. If you are in the startup world, this is a...<div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a>, <a
href="http://richmaloy.com/?genre=startups">Startups</a></span><br
/></div>]]></description> <content:encoded><![CDATA[<p>I had the pleasure of seeing Noam speak at Techstars in Boulder, and I was deeply impressed by his research. If you are in the startup world, this is a must-read. Forget the link-bait articles and the CB Insights surveys that all say the same shit. The Founder&#8217;s Dilemmas is based absolutely massive research, over many years. He&#8217;s done this work not to get you to pay for a subscription, but to help founders understand the pitfalls of others in the hopes they can avoid repeating the mistakes. Go read it.</p><h3 class="bc-heading
bc-color-basebc-spacing-smallbc-size-mediumbc-text-bold">Publisher&#8217;s Summary</h3><div
class="bc-boxbc-box-padding-nonebc-spacing-small"></p><blockquote><p>Often downplayed in the excitement of starting up a new business venture is one of the most important decisions entrepreneurs will face: should they go it alone, or bring in cofounders, hires, and investors to help build the business? More than just financial rewards are at stake. Friendships and relationships can suffer. Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin. <i>The Founder&#8217;s Dilemmas</i> is the first book to examine the early decisions by entrepreneurs that can make or break a startup and its team.</p><p>Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. He looks at whether it is a good idea to cofound with friends or relatives, how and when to split the equity within the founding team, and how to recognize when a successful founder-CEO should exit or be fired. Wasserman explains how to anticipate, avoid, or recover from disastrous mistakes that can splinter a founding team, strip founders of control, and leave founders without a financial payoff for their hard work and innovative ideas. He highlights the need at each step to strike a careful balance between controlling the startup and attracting the best resources to grow it, and demonstrates why the easy short-term choice is often the most perilous in the long term.</p><p><i>The Founder&#8217;s Dilemmas</i> draws on the inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, while mining quantitative data on almost 10,000 founders. People problems are the leading cause of failure in startups. This book offers solutions.</p></blockquote></div><div
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href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a>, <a
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xmlns="com-wordpress:feed-additions:1">2201</post-id> </item> <item><title>The Rise of The Creative Class by Richard Florida</title><link>http://richmaloy.com/book-review/the-rise-of-the-creative-class/</link> <dc:creator><![CDATA[Rich]]></dc:creator> <pubDate>Thu, 21 Nov 2013 05:20:01 +0000</pubDate> <guid
isPermaLink="false">http://richmaloy.com/?post_type=book-review&#038;p=2155</guid><description><![CDATA[I picked up this book because Brad Feld referenced it once or twice in Startup Communities. Five and a half years later, I'm trying to write a review for it. I vaguely recall nodding my head quite a bit in agreement research and feeling hope from the conclusions. However, I didn't go back and re-read it. As much as I want to read a book that's backed by research, sometimes the research is too much of the narrative and I want suggested action. In 2013 I was just getting started as an ecosystem leader/builder. With a few years of experience in that realm under my belt now, I may go back and give this a re-read. Until then, three stars just because I want the gameplan book (Startup Communities) not the research book (this one).<div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=economics">Economics</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a></span><br
/></div>]]></description> <content:encoded><![CDATA[<p>I picked up this book because Brad Feld referenced it once or twice in Startup Communities. Five and a half years later, I&#8217;m trying to write a review for it. I vaguely recall nodding my head quite a bit in agreement research and feeling hope from the conclusions. However, I didn&#8217;t go back and re-read it. As much as I want to read a book that&#8217;s backed by research, sometimes the research is too much of the narrative and I want suggested action. In 2013 I was just getting started as an ecosystem leader/builder. With a few years of experience in that realm under my belt now, I may go back and give this a re-read. Until then, three stars just because I want the gameplan book (Startup Communities) not the research book (this one).</p><h3 class="bc-heading
bc-color-basebc-spacing-smallbc-size-mediumbc-text-bold">Publisher&#8217;s Summary</h3><div
class="bc-boxbc-box-padding-nonebc-spacing-small"></p><blockquote><p>The national best seller that defines a new economic class and shows how it is key to the future of our cities. <i>The Rise of the Creative Class</i> gives us a provocative new way to think about why we live as we do today &#8211; and where we might be headed. Weaving storytelling with masses of new and updated research, Richard Florida traces the fundamental theme that runs through a host of seemingly unrelated changes in American society: the growing role of creativity in our economy.</p><p>Just as William Whyte&#8217;s 1956 classic <i>The Organization Man</i> showed how the organizational ethos of that age permeated every aspect of life, Florida describes a society in which the creative ethos is increasingly dominant. Millions of us are beginning to work and live much as creative types like artists and scientists always have-with the result that our values and tastes, our personal relationships, our choices of where to live, and even our sense and use of time are changing. Leading the shift are the nearly 38 million Americans in many diverse fields who create for a living&#8211;the Creative Class.</p><p><i>The Rise of the Creative Class</i> chronicles the ongoing sea of change in people&#8217;s choices and attitudes, and shows not only what&#8217;s happening but also how it stems from a fundamental economic change. The Creative Class now comprises more than 30 percent of the entire workforce. Their choices have already had a huge economic impact. In the future they will determine how the workplace is organized, what companies will prosper or go bankrupt, and even which cities will thrive or wither.</p></blockquote></div><div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=economics">Economics</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a></span><br
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xmlns="com-wordpress:feed-additions:1">2155</post-id> </item> <item><title>Crossing the Chasm by Geoffrey A. Moore</title><link>http://richmaloy.com/book-review/crossing-the-chasm/</link> <dc:creator><![CDATA[Rich]]></dc:creator> <pubDate>Wed, 20 Nov 2013 05:08:43 +0000</pubDate> <guid
isPermaLink="false">http://richmaloy.com/?post_type=book-review&#038;p=2152</guid><description><![CDATA[It's hard to believe this was only released in 2012, because it instantly became part of the common language of tech startups everyone. It was brought up so frequently that by the time I read it in 2013, I assumed it had been around for a decade already. Regardless, it's a great framework. If all you need is to understand the terminology or the framework, then a YouTube explainer video should do the trick. If, after watching that you want to dive in then by all means—it will be worth your time.<div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a></span><br
/></div>]]></description> <content:encoded><![CDATA[<p>It&#8217;s hard to believe this was only released in 2012, because it instantly became part of the common language of tech startups everyone. It was brought up so frequently that by the time I read it in 2013, I assumed it had been around for a decade already. Regardless, it&#8217;s a great framework. If all you need is to understand the terminology or the framework, then a YouTube explainer video should do the trick. If, after watching that you want to dive in then by all means—it will be worth your time.</p><h3 class="bc-heading bc-color-base bc-spacing-small bc-size-medium bc-text-bold">Publisher&#8217;s Summary</h3><div
class="bc-box bc-box-padding-none bc-spacing-small"><blockquote><p>Here is the best-selling guide that created a new game plan for marketing in high-tech industries. <i>Crossing the Chasm</i> has become the bible for bringing cutting-edge products to progressively larger markets. This edition provides new insights into the realities of high-tech marketing, with special emphasis on the Internet. It&#8217;s essential reading for anyone with a stake in the world&#8217;s most exciting marketplace.</p></blockquote></div><div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a></span><br
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xmlns="com-wordpress:feed-additions:1">2152</post-id> </item> <item><title>Start with Why by Simon Sinek</title><link>http://richmaloy.com/book-review/start-with-why/</link> <dc:creator><![CDATA[Rich]]></dc:creator> <pubDate>Sat, 23 Feb 2013 04:33:15 +0000</pubDate> <guid
isPermaLink="false">http://richmaloy.com/?post_type=book-review&#038;p=1984</guid><description><![CDATA[An absolute must-read. There are very few non-fiction books I recommend unequivocally, and now that I think about it, this might be the only one that I recommend without preamble or qualification. I consider Start with Why to be baseline reading for anyone, anywhere. In case this wasn't abundantly clear, you should go read this book now. And if you have read it, go re-read it. I think I'll do the same.<div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=leadership">Leadership</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a></span><br
/><span
class="subjects"><strong>Subjects:</strong> <a
href="http://richmaloy.com/?subject=richs-recos">Rich's Reco's</a></span><br
/></div>]]></description> <content:encoded><![CDATA[<p>An absolute must-read. There are very few non-fiction books I recommend unequivocally, and now that I think about it, this might be the only one that I recommend without preamble or qualification. I consider Start with Why to be baseline reading for anyone, anywhere. In case this wasn&#8217;t abundantly clear, you should go read this book now. And if you have read it, go re-read it. I think I&#8217;ll do the same.</p><h3 class="bc-heading
bc-color-basebc-spacing-smallbc-size-mediumbc-text-bold">Publisher&#8217;s Summary</h3><div
class="bc-boxbc-box-padding-nonebc-spacing-small"></p><blockquote><p><b>The inspiring, life-changing best seller by the author of <i>Leaders Eat Last</i> and <i>Together Is Better</i>.</b></p><p>In 2009 Simon Sinek started a movement to help people become more inspired at work and, in turn, inspire their colleagues and customers. Since then, millions have been touched by the power of his ideas, including more than 28 million who&#8217;ve watched his TED Talk based on <i>Start with Why</i> &#8211; the third most popular TED video of all time.</p><p>Sinek starts with a fundamental question: Why are some people and organizations more innovative, more influential, and more profitable than others? Why do some command greater loyalty from customers and employees alike? Even among the successful, why are so few able to repeat their success over and over?</p><p>People like Martin Luther King Jr., Steve Jobs, and the Wright Brothers had little in common, but they all started with why. They realized that people won&#8217;t truly buy into a product, service, movement, or idea until they understand the why behind it.</p><p><i>Start with Why</i> shows that the leaders who&#8217;ve had the greatest influence in the world all think, act, and communicate the same way &#8211; and it&#8217;s the opposite of what everyone else does. Sinek calls this powerful idea The Golden Circle, and it provides a framework upon which organizations can be built, movements can be led, and people can be inspired. And it all starts with why.</p></blockquote></div><div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=leadership">Leadership</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a></span><br
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href="http://richmaloy.com/?subject=richs-recos">Rich's Reco's</a></span><br
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xmlns="com-wordpress:feed-additions:1">1984</post-id> </item> <item><title>Power of Habit, The by Charles Duhigg</title><link>http://richmaloy.com/book-review/power-of-habit/</link> <dc:creator><![CDATA[Rich]]></dc:creator> <pubDate>Mon, 01 Oct 2012 05:12:03 +0000</pubDate> <guid
isPermaLink="false">http://richmaloy.com/?post_type=book-review&#038;p=1928</guid><description><![CDATA[What's interesting about this book is that it's the why behind the how. If you want the "how" then read Hooked. But the "why" these things work, and why we have habits and what we do with or without them and the how they form is fascinating. I thoroughly enjoyed this book. Though it is basically a psychology book, it's a great read filled with tons of stories. <div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a>, <a
href="http://richmaloy.com/?genre=psychology">Psychology</a></span><br
/></div>]]></description> <content:encoded><![CDATA[<p>What&#8217;s interesting about this book is that it&#8217;s the why behind the how. If you want the &#8220;how&#8221; then read Hooked. But the &#8220;why&#8221; these things work, and why we have habits and what we do with or without them and the how they form is fascinating. I thoroughly enjoyed this book. Though it is basically a psychology book, it&#8217;s a great read filled with tons of stories.</p><h3 class="bc-heading
bc-color-basebc-spacing-smallbc-size-mediumbc-text-bold">Publisher&#8217;s Summary</h3><div
class="bc-boxbc-box-padding-nonebc-spacing-small"></p><blockquote><p>A young woman walks into a laboratory. Over the past two years, she has transformed almost every aspect of her life. She has quit smoking, run a marathon, and been promoted at work. The patterns inside her brain, neurologists discover, have fundamentally changed.</p><p>Marketers at Procter &amp; Gamble study videos of people making their beds. They are desperately trying to figure out how to sell a new product called Febreze, on track to be one of the biggest flops in company history. Suddenly, one of them detects a nearly imperceptible pattern &#8211; and with a slight shift in advertising, Febreze goes on to earn a billion dollars a year.</p><p>An untested CEO takes over one of the largest companies in America. His first order of business is attacking a single pattern among his employees &#8211; how they approach worker safety &#8211; and soon the firm, Alcoa, becomes the top performer in the Dow Jones.</p><p>What do all these people have in common? They achieved success by focusing on the patterns that shape every aspect of our lives. They succeeded by transforming habits.</p><p>In <i>The Power of Habit</i>, award-winning <i>New York Times</i> business reporter Charles Duhigg takes us to the thrilling edge of scientific discoveries that explain why habits exist and how they can be changed. With penetrating intelligence and an ability to distill vast amounts of information into engrossing narratives, Duhigg brings to life a whole new understanding of human nature and its potential for transformation.</p><p>Along the way, we learn why some people and companies struggle to change, despite years of trying, while others seem to remake themselves overnight. We visit laboratories where neuroscientists explore how habits work and where, exactly, they reside in our brains. We discover how the right habits were crucial to the success of Olympic swimmer Michael Phelps, Starbucks CEO Howard Schultz, and civil-rights hero Martin Luther King, Jr. We go inside Procter &amp; Gamble, Target superstores, Rick Warren’s Saddleback Church, NFL locker rooms, and the nation’s largest hospitals, and see how implementing so-called keystone habits can earn billions and mean the difference between failure and success, life and death.</p><p>At its core, <i>The Power of Habit</i> contains an exhilarating argument: The key to exercising regularly, losing weight, raising exceptional children, becoming more productive, building revolutionary companies and social movements, and achieving success is understanding how habits work.</p><p>Habits aren’t destiny. As Charles Duhigg shows, by harnessing this new science, we can transform our businesses, our communities, and our lives.</p></blockquote></div><div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a>, <a
href="http://richmaloy.com/?genre=psychology">Psychology</a></span><br
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xmlns="com-wordpress:feed-additions:1">1928</post-id> </item> <item><title>The Lean Startup by Eric Ries</title><link>http://richmaloy.com/book-review/the-lean-startup/</link> <dc:creator><![CDATA[Rich]]></dc:creator> <pubDate>Tue, 14 Aug 2012 05:42:58 +0000</pubDate> <guid
isPermaLink="false">http://richmaloy.com/?post_type=book-review&#038;p=1914</guid><description><![CDATA[Reading this for the first time in 2013 felt like reading the secret code for how all businesses will be run in the future. And it is. It's a must-read for the startup world. It's such an important piece of the modern business world it's practically table-stakes. <div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a></span><br
/><span
class="subjects"><strong>Subjects:</strong> <a
href="http://richmaloy.com/?subject=richs-recos">Rich's Reco's</a></span><br
/></div>]]></description> <content:encoded><![CDATA[<p>Reading this for the first time in 2012 felt like reading the secret code for how all businesses will be run in the future. And it is. It&#8217;s a must-read for the startup world. It&#8217;s such an important piece of the modern business world it&#8217;s practically table-stakes.</p><h3 class="bc-heading
bc-color-basebc-spacing-smallbc-size-mediumbc-text-bold">Publisher&#8217;s Summary</h3><div
class="bc-boxbc-box-padding-nonebc-spacing-small"></p><blockquote><p>Most startups fail. But many of those failures are preventable. <i>The Lean Startup</i> is a new approach being adopted across the globe, changing the way companies are built and new products are launched.</p><p>Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty. This is just as true for one person in a garage or a group of seasoned professionals in a Fortune 500 boardroom. What they have in common is a mission to penetrate that fog of uncertainty to discover a successful path to a sustainable business.</p><p><i>The Lean Startup</i> approach fosters companies that are both more capital efficient and that leverage human creativity more effectively. Inspired by lessons from lean manufacturing, it relies on “validated learning”, rapid scientific experimentation, as well as a number of counter-intuitive practices that shorten product-development cycles, measure actual progress without resorting to vanity metrics, and learn what customers really want. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute.</p><p>Rather than wasting time creating elaborate business plans, <i>The Lean Startup</i> offers entrepreneurs &#8211; in companies of all sizes &#8211; a way to test their vision continuously, to adapt and adjust before it’s too late. Ries provides a scientific approach to creating and managing successful startups in a age when companies need to innovate more than ever.</p></blockquote></div><div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a></span><br
/><span
class="subjects"><strong>Subjects:</strong> <a
href="http://richmaloy.com/?subject=richs-recos">Rich's Reco's</a></span><br
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xmlns="com-wordpress:feed-additions:1">1914</post-id> </item> <item><title>Screw It, Let&#8217;s Do It by Richard Branson</title><link>http://richmaloy.com/book-review/screw-it-lets-do-it/</link> <dc:creator><![CDATA[Rich]]></dc:creator> <pubDate>Sat, 30 Jun 2012 05:38:52 +0000</pubDate> <guid
isPermaLink="false">http://richmaloy.com/?post_type=book-review&#038;p=1911</guid><description><![CDATA[Richard Branson is one of those guys that everyone wants to be or wants to know. He does cool shit, does it his way, and doesn't seem to be a dick about it—from the limited I've read about him. I was excited to read a book by him. It was fun. It was cool. It had great stories about his origins and the growth of Virgin. I didn't get much else out of it. <div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=bios-memoirs">Bios &#38; Memoirs</a>, <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a></span><br
/></div>]]></description> <content:encoded><![CDATA[<p>Richard Branson is one of those guys that everyone wants to be or wants to know. He does cool shit, does it his way, and doesn&#8217;t seem to be a dick about it—from the limited I&#8217;ve read about him. I was excited to read a book by him. It was fun. It was cool. It had great stories about his origins and the growth of Virgin. I didn&#8217;t get much else out of it.</p><h3 class="bc-heading
bc-color-basebc-spacing-smallbc-size-mediumbc-text-bold">Publisher&#8217;s Summary</h3><div
class="bc-boxbc-box-padding-nonebc-spacing-small"></p><blockquote><p>Richard Branson is an iconic businessman. In <i>Screw It, Let’s Do It</i>, he shares the secrets of his success and the invaluable lessons he has learned over the course of his remarkable career. As the world struggles with the twin problems of global recession and climate change, Richard explains why it is up to big companies like Virgin to lead the way in finding a more holistic and environmentally friendly approach to business. He also looks to the future and shares his plans for taking his business and his ideas to the next level.</p><p>Richard reveals the new and exciting areas into which Virgin is currently moving, including bio fuels and space travel, and brings together all the important lessons, good advice and inspirational adages that have helped him along the road to success. This is a fantastic motivational book that will help listeners achieve their own dreams.</p></blockquote></div><div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=bios-memoirs">Bios &amp; Memoirs</a>, <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a></span><br
/></div>]]></content:encoded> <post-id
xmlns="com-wordpress:feed-additions:1">1911</post-id> </item> <item><title>Venture Deals by Brad Feld, Jason Mendelson</title><link>http://richmaloy.com/book-review/venture-deals/</link> <dc:creator><![CDATA[Rich]]></dc:creator> <pubDate>Tue, 22 May 2012 05:17:08 +0000</pubDate> <guid
isPermaLink="false">http://richmaloy.com/?post_type=book-review&#038;p=1884</guid><description><![CDATA[Note: this review is for an older edition of the book—they're on the third edition now.I don't offer many conditional reviews, but this review is predicated on the fact that you want to learn more about startup venture financing. It's a dry subject, and if you're not into it, or it's not relevant to you, then skip this book.  However, if you are in the startup world and you want to know about venture capital from the experts, then this is a must. It's just OK as an audio book, and I got a copy of the print book (print! so old fashioned) to be able to review the parts with math. <div
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class="post-data"><span
class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a>, <a
href="http://richmaloy.com/?genre=startups">Startups</a></span><br
/></div>]]></description> <content:encoded><![CDATA[<p><em>Note: this review is for an older edition of the book—they&#8217;re on the third edition now.</em></p><p>I don&#8217;t offer many conditional reviews, but this review is predicated on the fact that you want to learn more about startup venture financing. It&#8217;s a dry subject, and if you&#8217;re not into it, or it&#8217;s not relevant to you, then skip this book.  However, if you are in the startup world and you want to know about venture capital from the experts, then this is a must. It&#8217;s just OK as an audio book, and I got a copy of the print book (print! so old fashioned) to be able to review the parts with math.</p><h3 class="bc-heading
bc-color-basebc-spacing-smallbc-size-mediumbc-text-bold">Publisher&#8217;s Summary</h3><div
class="bc-boxbc-box-padding-nonebc-spacing-small"></p><blockquote><p>As each new generation of entrepreneurs emerges, there is a renewed interest in how venture capital deals come together. Yet there really is no definitive guide to venture capital deals. Nobody understands this better than authors Brad Feld and Jason Mendelson. For more than seventeen years, they&#8217;ve been involved in hundreds of venture capital financings, and now, with <i>Venture Deals</i>, they share their experiences in this field with you.</p><p>Inspired by a series of blog posts &#8211; created by the authors after a particularly challenging deal &#8211; this reliable resource demystifies the venture capital financing process and helps you gain a practical perspective of this dynamic discipline.</p><p>Whether you&#8217;re an experienced or aspiring entrepreneur, venture capitalist, or lawyer who partakes in these particular types of deals, you can benefit from the insights found throughout this book. Engaging and informative, Venture Deals skillfully outlines the essential elements of the venture capital term sheet &#8211; from terms related to economics to terms related to control. Feld and Mendelson strive to give a balanced view of the particular terms along with the strategies to getting to a fair deal. In addition to examining the nuts and bolts of the term sheet, <i>Venture Deals</i> also introduces you to the various participants in the process, discusses how fundraising works, reveals how VC firms operate, and describes how to apply different negotiating tactics to your deals. You&#8217;ll also gain valuable insights into several common legal issues most startups face and, as a bonus, discover what a typical letter of intent to acquire your company looks like.</p></blockquote></div><div
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class="genre"><strong>Genre:</strong> <a
href="http://richmaloy.com/?genre=business">Business</a>, <a
href="http://richmaloy.com/?genre=non-fiction">Non-Fiction</a>, <a
href="http://richmaloy.com/?genre=startups">Startups</a></span><br
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