Sunday, 23 October 2022

Think Big, Act Small by Jason Jennings -- Book Summary

"Think Big, Act Small" by Jason Jennings is a compelling exploration of how the most successful companies in America manage to sustain exceptional performance over long periods. The book reveals that while these companies have ambitious goals, they maintain a humble, adaptable, and disciplined approach, enabling them to consistently outperform their competitors.

Jennings and his team studied numerous companies that maintained strong values, employee engagement, and customer satisfaction while achieving significant financial success. The book presents actionable insights that businesses can apply to sustain growth while retaining a startup mentality.


Core Principles of "Think Big, Act Small"

Jennings identifies key principles that make certain companies stand out. These principles emphasize humility, a culture of continuous improvement, customer focus, and operational discipline.

1. Maintain Humility and Avoid Complacency

Successful companies resist the urge to become arrogant. They continue to value customer feedback, employee insights, and external innovations instead of assuming they have all the answers.

Example: Cabela’s, the outdoor retail giant, grew into a billion-dollar brand without losing its small-business mindset. Employees were encouraged to contribute ideas, keeping the company agile and responsive.

Monday, 15 August 2022

Mini Habits by Stephen Guise - Book Summary

Mini Habits is a book written by Stephen Guise, is a writter, blogger and a researcher, who is expert to teach personal development strategy habits. This book has been sold over 1 million copies and has become the go-to habit formation strategy for many.

This book tells the strategy of making the most popular habit to achieve predictable and incompatible results and also tell us why it is very important to be consistent in our small habits. According to author, most people think that they are the reason for not getting their permanent changes but the problem is not with them, it happen with their strategy.

In this book, author explain, how some smaller habits of any person showing bigger results in their life. Positive habits can multiply your results and success.

"Be the person with embarrassing goals and impressive results instead of one of the many people with impressive goals and embarrassing results"
--Stephen Guise

This book isn't for eliminating bad habits, though some principles could be useful for breaking habits. Mini Habits is a strategy to create permanent healthy habits. Some categories include : exercise, writing, reading, thinking, positively, meditating, drinking water, eating healthy foods etc.

Friday, 15 July 2022

The Richest Man in Babylon by George S. Clason: A Detailed Book Summary

"The Richest Man in Babylon" by George S. Clason is a timeless classic that imparts financial wisdom through a series of parables set in ancient Babylon. The book's principles, though ancient, are still relevant today and offer practical guidance on wealth creation and financial success. This summary explores the key lessons from the book, enriched with examples to illustrate their application.

The Man Who Desired Gold

The story begins with Bansir, a chariot builder in Babylon, who realizes that despite his hard work, he has little wealth to show for it. He and his friend Kobbi, a musician, decide to seek advice from their wealthy friend Arkad, known as the richest man in Babylon.

Key Lesson

Desire for wealth is the first step towards achieving it.

Example

John is a software developer who works long hours but struggles to save money. Inspired by Bansir and Kobbi's quest, he decides to seek financial advice to better manage his income and achieve his goal of financial independence.

Wednesday, 15 June 2022

Think and Grow Rich by Napoleon Hill - Book Summary

Think and Grow Rich is a book written by Napoleon Hill, was a journalist and writer. Fortunately he got a chance to take the interview of the richest person of that time Andrew Carnegie. Interview was going well. In the middle of interview Andrew Carnegie put a serious offer in front of Napoleon Hill.

Carnegie said, "I know most of people will fail in trying to figure out everything themselves. So, I will open the door to the 500 richest people in America. So, you can interview them, take all their information, and put it into a series of book to help other young people be successful much faster. But I'm not going to pay you penny."

Napoleon Hill spent 20 years of his lifetime on researching and analyzing 500 of well-known people during his time to come up with his masterpiece. Hill makes some rules for achieve success, which helps millions of people to create fortunes.

 

     Desire

Everyone wants to achieve success but only a few people can achieve it. Have you ever tried to know its reason? Successful people are successful because they have a lot of interest about success. They are ready to go to any extent for success.

Sunday, 15 May 2022

Rich Dad Poor Dad by Robert T. Kiyosaki - Book Summary

RICH DAD POOR DAD is a all time number one personal finance book, more than 50 million copies have been sold. In this book, Robert Kiyosaki illustrates the mindsets and beliefs that make rich, rich and poor, poor by comparing the advice of his real dad with the father of the author's best friend.

Robert's biological father was very brilliant and highly educated. Finished his four year undergraduate degree in less that two years, then obtained Masters and PhD at two prestigious universities and reached number one position in the state of Hawaii's educational system. But at the end, he left debts to be paid upon his death, while Robert's mentor - who never ever finished eighth grade - become the richest man in state, leaving 10's of millions to his family and charity.

Robert's both father strongly believed in education but their mindsets are different. This book all about mindset. Poor dad was poor, and rich dad was rich, because of their thoughts about money and the actions to which those thoughts led.

Robert's compares both father's advice and finally accept his rich dad's advice and achieve financial freedom at the age of the 47.

Robert's rich dad teach him 7 key lessons -