Taking the plunge.

Finally finished reading Delivering Happiness by Tony Hsieh in just 6 hours of my commuting time. Thoroughly enjoyed it. Gonna be spending more time reading more books over the next few months. The next book I have is The Startup of You by Reid Hoffman. 

Here’s some of the highlights of the book which I bookmarked:

  • Poker is very much like business. Table selection is the most important decision you can make. It’s ok to switch tables if you discover it is too hard to win at your table. If there are too many competitors, even if you are the best it is a lot harder to win. Dont play games that you dont understand, even if you see lots of other people making money from them.
  • “I learned from a book that an experienced player can make ten times as much money sitting at a table with nine mediocre players who are tired and have a lot of chips compared with sitting at a table with 9 really good players who are focused and dont have that many chips in front of them.”
  • “I believe that there’s something interesting about anyone and everyone – you just have to figure out what that something is. If anything, I’ve found that it is more interesting to build relationships with people that are not in the business world because they almost always can offer unique perspectives and insights, and also because those relationships tend to be more genuine.”
  • The power of 1%. Think about what it means to improve just 1% per day and build upon that every single day. Doing so has a dramatic effect and will make us 37x better, not 365% (3.65x) better, at the end of the year. (1 + 1%) ^ 365
  • WOW people. 

Was a great great read. Huge amount of respect to Tony whom exited his first company LinkExchange to Microsoft for $260M and then exited Zappos to Amazon for $1 billion. There were a lot of moments where Tony almost went out of business, but he kept holding on, having the “all or nothing” mentality.

Wish I could have that kind of situation soon. 

Had a separate conversation with a friend which says that, the only way to make it big in our life, is to start a company. Period. 

That’s the exact word he used. 

“We have to take that plunge eventually. The plunge that will change our life.”

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