Waamax

About Anything … Almost.

Archive for the ‘Books’ Category

Book ~ How Will You Measure Your Life?

without comments

Just finished reading this book – Highly recommended – 4.5/5 (my rating)

Few notes from the book:

As a start up, you first need to work on finding a profit model because almost all companies had the change their original plan/strategy almost 93% of those; so unless you decide on the correct strategy focus on the profit;

Once you have a sustaining strategy, focus on growth not on profit; this is when even if you have to spent tons of money, its worth it – coz you have the right strategy.

Everything good that is achieved is by careful and deliberate planning and thoughtfulness. Nothing is by coincidence. You need to work to make a culture, be it at work or family, you need to define it and work around to make it work. Never leave anything to chance.

Saying “just this one” – in almost anything, breaking from your discipline, your dogma – is never a one time thing. The marginal thinking will persist and we will easily lose our way. It is easier to hold your belief 100% of the time  than to hold it for 98% of the time

Decide what you stand for and  and then stand for it all the time.

Purpose must be deliberately conceived and chosen, and then pursued.

The type of person you want to become- what the purpose of your life is, is too important to leave to chance; it needs to be deliberately conceived, chosen and managed.

One take away – bringing this back to work – how do I measure if the things I am trying to do is working? eg how do i make sure the PO changes we are trying to bring to WWT is working? at least in my products? Always be in look out for metrics – what it is now and where you want to take it to and track the progress all the way.

Written by admin

October 18th, 2015 at 3:34 am

Posted in Books,Living,USA

Tagged with , ,

Zero to One ~ A great read

without comments

Just completed zero to one by Peter Thiel. Such a great read. Any one working in this fast paced world, working in tech sector with ambitions to put a dent in the universe and more precisely someone with a dream to start a company in future, this is a must read.

One thing that stuck with me is the question he posed – What is something you think is true, but that most people disagree with you on?’

You will have to dive onto yourself to think long and hard to come up with an answer to that.

link on good reads: https://www.goodreads.com/book/show/18050143-zero-to-one?ac=1

There are 7 questions every company that wants to become a lasting monopoly must answer:

  1. The Engineering Question – Can you create breakthrough technology instead of incremental improvements?
  1. The Timing Question – Is now the right time to start your particular business?
  1. The Monopoly Question – Are you starting with a big share of a small market?
  1. The People Question – Do you have the right team?
  1. The Distribution Question – Do you have a way to not just create but deliver your product?
  1. The Durability Question – Will your market position be defensible 10 and 20 years into the future?
  1. The Secret Question – Have you identified a unique opportunity that others don’t see

more details in here - http://www.getnugget.co/zero-to-one-nuggets-from-peter-thiels-bestselling-book/

 

Written by admin

August 30th, 2015 at 1:14 pm

Posted in Books,Insight,Techie,USA,Work

Tagged with , ,

Elon Musk – Biography

without comments

Started with this read today. I haven’t read much about him – so should be an interesting read.

Written by admin

July 18th, 2015 at 7:26 pm

Posted in Books

The Talent Myth – Malcolm Galdwell

without comments

Very well written article by one of my favorite writer.

Here’s the link to the original article that was published in New Yorker - http://www.newyorker.com/magazine/2002/07/22/the-talent-myth

It never occurred to them that, if everyone had to think outside the box, maybe it was the box that needed fixing.

Written by admin

May 17th, 2015 at 10:16 pm

Posted in Books,Work

Book review – The Phoenix Project

without comments

my review: 4/5

Very well written. Very easy to relate to if you are into Dev/Ops/InfoSec space. Highlights the core of IT working and how it is tied up with the success and failure of business overall.

Also highlights the core importance of Dev and Ops team working in harmony. Overall it reiterates the system thinking where you analyze your work, your process and how it is connected to the overall success of the company. Highly recommended.

A very detailed review of the book is written here: https://www.simple-talk.com/books/book-reviews/book-review-the-phoenix-project/

Written by admin

April 22nd, 2015 at 4:07 am

Posted in Books,Techie,Work

Tagged with

Book Review: The Five Dysfunctions of a Team

without comments

My review: 3.5/5
Author:Patrick Lencioni

Main talking points:

Dysfunctions as discussed in the book:

Absence of Trust
Fear of Conflict
Lack of Commitment
Avoidance of Accountability
Inattention to Results

 

Written by admin

March 12th, 2015 at 2:20 pm

Posted in Books

Your Personal Book? In 12 hours?

without comments

Too good to be true, right? Well not at all. I was strolling thru product hunt website to get a sense at the new products in market and this was rather interesting. This is a service which will help write a book for you from your ideas with your minimal effort. Downtime? Just 12 hours.

This is how they define their service -

YOUR BOOK.
IN 12 HOURS.

Our team of professionals take your ideas and your words and turn them into a published book without you ever touching a keyboard.

http://bookinabox.com

Written by admin

February 26th, 2015 at 1:22 pm

Posted in Books,Insight,Techie,Work

The Lean Startup – Summary

without comments

This book provides real insight into the 21st century process oriented and feedback based systems. It applies not just for the startups but for pretty much all the work we do on daily basis.  Here’s the high level summary:
Startup success can be engineered by following the process, which means it can be learned, which means it can be taught.

Too many startups begin with an idea for a product that they think people want. They then spend months, sometimes years, perfecting that product without ever showing the product, even in a very rudimentary form, to the prospective customer. When they fail to reach broad uptake from customers, it is often because they never spoke to prospective customers and determined whether or not the product was interesting. When customers ultimately communicate, through their indifference, that they don’t care about the idea, the startup fails.

Using the Lean Startup approach, companies can create order not chaos by providing tools to test a vision continuously.

By the time that product is ready to be distributed widely, it will already have established customers.

A core component of Lean Startup methodology is the build-measure-learn feedback loop. The first step is figuring out the problem that needs to be solved and then developing a minimum viable product (MVP) to begin the process of learning as quickly as possible. Once the MVP is established, a startup can work on tuning the engine. This will involve measurement and learning and must include actionable metrics that can demonstrate cause and effect question.

The startup will also utilize an investigative development method called the “Five Whys”-asking simple questions to study and solve problems along the way. When this process of measuring and learning is done correctly, it will be clear that a company is either moving the drivers of the business model or not. If not, it is a sign that it is time to pivot or make a structural course correction to test a new fundamental hypothesis about the product, strategy and engine of growth.

Progress in manufacturing is measured by the production of high quality goods. The unit of progress for Lean Startups is validated learning-a rigorous method for demonstrating progress when one is embedded in the soil of extreme uncertainty.

To improve entrepreneurial outcomes, and to hold entrepreneurs accountable, we need to focus on the boring stuff: how to measure progress, how to setup milestones, how to prioritize work. This requires a new kind of accounting, specific to startups.

Build measure Learn.

For the principles of the lean start up:http://theleanstartup.com/principles

 

Written by admin

July 28th, 2014 at 1:37 am

Posted in Books,Insight

Flash Boys – Michael Lewis

without comments

Michael Lewis never disappoints. This one has good insight into the High frequency trading and at what length the Wall Street can go to currupt the system to gain itself.

My rating: 4/5

Book details:

https://www.goodreads.com/book/show/20604826-flash-boys

Written by admin

May 18th, 2014 at 2:07 pm

Posted in Books

Book: The Goal: A Process of Ongoing Improvement by Eliyahu M. Goldratt, Jeff Cox

without comments

Currently Reading…

This is my second time reading this book. The first time was almost 10 years ago when I was pretty new to business and the process world.

More to follow…

 

https://www.goodreads.com/book/show/113934.The_Goal?from_search=true

Written by admin

February 8th, 2014 at 4:35 pm

Posted in Books,Insight