Analyzing Wave-Surfing Success Factors
Founders
What I learned from reading Wildcatters: A Story of ...
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Feb 13 2024 59m
Chapter 1 58 sec
Family and business were the same thing to himChapter 2 59 sec
He possessed the directness and the utter simplicity of the old and the truly greatChapter 3 2 mins
His unquestioning confidence in the worthiness of his enterprise made him seem impervious to doubtsChapter 4 3 mins
The Morgans always believed in absolute monarchy. While Junius Morgan lived, he ruled the family and the business. Until Junius died his massive shadow dominated his son’s life. The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow. (Founders Everywhere they looked, they saw opportunity without limits. The land itself was empty, and so these men built cities upon it and founded dynasties. They left behind them a world made in their own imageChapter 5 59 sec
The old wildcatters had neither the time nor the inclination to question their own purposes, or to agonize about what the future consequences of their efforts might be. They just went out and did whatever was there to be doneChapter 6 15 mins
The trouble with this business is that everybody expects to find oil on the surface. If it was up near the top, it wouldn't be any trick to it. You've got to drill deep for oil. The Big Rich: The Rise and Fall of the Greatest Texas Oil Fortunes by Bryan Burrough (Founders Charlie’s surfing model. One thing I learned from having dinner with Charlie was the importance of getting into a great business and STAYING in it. There’s a tendency in human nature to mess up a good thing because of an inability to sit stillChapter 7 4 mins
There are times when certain cards sit unclaimed in the common pile, when certain properties become available that will never be available again. A good businessman feels these moments like a fall in the barometric pressure. A great businessman is dumb enough to act on them even when he cannot afford to. The Fish That Ate the Whale: The Life and Times of America's Banana King by Rich Cohen. (Founders Delusional optimism: Go from one setback to another setback without any loss of enthusiasmChapter 8 1 min
There's no what if. There's only what happenedChapter 9 59 sec
Rainmakers PodcastChapter 10 1 min
I’d rather be lucky than smart, because a lot of smart guys go hungryChapter 11 7 mins
Chaos and defiance ruled the day, and those who led the way made little secret of their refusal to be controlledChapter 12 15 mins
Anybody who's got an idea of his own has to be a little bit crazy. Being crazy is something big companies just don't understand