5 comments about Personal History.

1. Fantastic, gripping book, though it bogged down for me near the end with the minutia of labor/management disputes at the Washington Post. Still recommend highly.



2. My only regret is that I did not pay more attention to Katharine Graham and the Washington Post while she was alive. Through unveiling her own insecurities and illustrating how she moved into one of the most powerful women in the world, I learned US History and the trials of a CEO woman in the 1960s and forward.
   
   Ms. Graham reveals much about "inside Washington" and does a particularly good job of making the "players" come to life. I really hated to see the book end. Yet, Ms. Graham did what she set out to do -- documented a time in our history. Kathy Condon Executive Coach



3. This is a great book about a great woman! Interesting to see how even the privileged have difficult experiences in life and how it all only depend on us. We are very capable of achieving our goals and this book shows that even though it might not be easy, in the end, it can be very rewarding. This book shows a great insight in the history of newspaper business and politics.



4. It is long (642 pages), and the print is small. Why would anyone want to read it? Because every page has something of interest in it. And because this is not only the personal history of Katharine Graham, but a view of the United States from a woman reluctantly thrust into power by the death of her Washington Post husband. The time covered is from the early 1900s, when her parents met, through the early 1990s. Think of how life changed during that time.
   
   Mrs. Graham was raised by nannies in New York while her parents were busy helping out in Washington. She showed her independence by attending the radical University of Chicago and working before she married. When Katherine's father stepped down from management of the Washington Post, her husband, Phil, took his place. When Phil became ill and died, it was she who became president of the Washington Post Company.
   
   Constantly during this sweep through politics, labor relations, corporate management, the rise of feminism, the importance of communications, and much more, Graham weaves her personal growing consciousness of where she and other women stand in relationship to it all. She writes of the help she received and downplays her own acumen in becoming the only woman in the Fortune 500. Never does she flaunt who she was, who she became, and the power she held.
   
   Every page brings not only her personal insights about the (mostly) maturing of America, but also explains how she gains confidence while remaining concerned with and involved in her own family as well. An excellent read, but don't expect to finish it in one reading.
   
   by Judith Helburn
   for StorycircleBookReviews
   www.storycirclebookreviewsorg
   reviewing books by, for, and about women



5. Absolutely perfect biography. Graham's book is frank in ways few would care to be. Her leadership of the Washington Post has been much talked about, and I'm a big fan of the paper, so it was a fascinating story. When she took over the Post in the 1960s, women could not be found in too many positions of power. She honestly discusses her difficulties, self doubts, and mistakes in ways one is not likely to find in many other places. Since I find politics interesting, I appreciated Graham's insights into the development of media over the twentieth century and her candid insider thoughts on some of the most important and powerful leaders of the 20th century.

No comments about The Snowball: Warren Buffett and the Business of Life.

5 comments about The Turnaround Kid: What I Learned Rescuing America's Most Troubled Companies.

1. This is a thoroughly enjoyable autobiography of Steve Miller, a rising Ford executive who became the go to guy for companies in crisis over more than two decades. At Chrysler, the Detroit Symphony Orchestra, Olympia & York, Morrison Knudsen, Federal Mogul, Waste Management, Reliance Group Holdings, Bethlehem Steel, Aetna and Delphi, he parachuted into companies on the brink of failure and tried to come up with the best solution. Sometimes the outcome is a roaring success, other times he has to settle for the best of a series of unpleasant choices, and other times he is ineffective.
   
   This book is more Miller's autobiography than a how-to guide to fixing broken companies. The book is only 230 pages long and each company's situation is only covered at a high level. Miller's strength as a businessman is his ability to take a fresh, hard look at the companies, face up to the cold reality and work with all parties to come up with the best possible solution. His book has many on the same strengths; he offers what appears to be an honest (sometimes brutally so) assessment of his own successes and failures, as well as those of the other parties in the drama.
   
   What emerges is the story of a leader who enjoys the excitement of trying to solve complex problems while trying, and succeeding, to do the right thing for his family and the people and companies that depend on him.



2. Mr. Miller comes across as a hard-working, pragmatic, unaffected and down to earth guy who sees the big picture and cares about people in it. We can only hope that there are more executives like him at the top of F500 companies. I would recommend this book to any MBA programme as a supplement to their business ethics programme or anybody who has ever struggled to calibrate his/her own moral compass under pressures from various constituencies.



3. I expected more. An exciting book that would provide insight on financial workouts. Well I didn't get, I wanted to close the book several times, but I hate leaving a book half read. If you are looking for a interesteing read, this isn't it.



4. THE TURNAROUND KID: WHAT I LEARNED RESCUING AMERICA'S MOST TROUBLED COMPANIES recounts the high points of the author's career rescuing American business disasters - and in the process offers college-level business libraries the opportunity to understand the evolution of a business genius. Blending business management concepts with a memoir, THE TURNAROUND KID shows how the author turned around his own life as well as businesses, reshaping and restructuring the very foundations of big business procedures in the process. An inspiring, enlightening account.
   
   Diane C. Donovan
   California Bookwatch



5. Very interesting read--both the business as well as personal. I felt as though the author was speaking to me on a one to one.

5 comments about iWoz: Computer Geek to Cult Icon: How I Invented the Personal Computer, Co-Founded Apple, and Had Fun Doing It.

1. Steve Wozniak spends a lot of this book detailing so many examples of his relentlessly positive attitude, his relentlessly great time growing up, and his relentless enthusiasm for all thing electronic. He does a good job in some early sections explaining movements of electrons along currents at their both basic level, which is appreciated by non-engineers. I was put off by his side story of opening/running the Mayfair theater in a "low-income" area of Silicon Valley and having to paint the bathroom black to stop the graffetii. I grew up in what he probably thinks are "low-income" areas of Silicon Valley, i e your house is under $2 million bucks, and I was pretty offended. Wow! We weren't super-rich and I never graffettied anything! This typifies the snotty elitist attitude of people in that area and reminds me why I high-tailed it for Sin City. Too bad that one of the men who built and contributed so much has this attitude as well. Stop playing to both sides of the fence, Woz. Your products are great, but your book needs some de-bugging!



2. This was an outstanding autobiography that gave me real insight into Steve Wozniak's life journey and thought process. Most interesting and prevelant was the invention of the first PC, but the book goes beyond that.
   
   As a tech person myself, I really liked how he would stop and describe how things worked as it related to how it shaped his life. Some of it was interesting and easy to understand (e.g., why twisted pair wire is twisted) while others were interesting but mostly went over my head (e.g., the intricacies of a complex circuit board). But I even enjoyed the stuff that went over my head.
   
   Some of the other reviews trashed this book because they thought he was too full of himself or they thought the book was written "at a 6th grade level". #1 - it's an autobiography - what do you want him to talk about? #2 - he invented the first personal computer - if anything I think he downplays his role too much (it's not like the PC has any impact on modern life, right?). #3 - the book's style is just about perfect if you ask me. If you want an autobiography that reads like a high-brow novel, then read one about a novelist. For me, this was perfectly what an autobiography should be: a behind-the-eyes look at someone truly interesting and impactful on everyone's lives, written in his own words.



3. I'm a mac user, and I always wanted to know how Woz lived all Apple's building process.
   It's a great biography and really enjoyable to read. All is written in a very friendly way.
   I really recommend it. It's a piece of computer history, I think, all geeks should know.



4. I enjoyed reading this book but like others, I found it annoying at times. It is an autobiography. Most of the book is about boring details of Steve Wozniak's life. His account of how Apple Computer started and how the Apple I and II where created is very interesting, unfortunately it is a very small part of the book. It was very annoying reading his constant bragging about how humble he is.
   
   The book gave me a better understanding of early PC history and the history of Apple. I also wanted to learn more about a guy I consider a hero. I did learn more about Woz but I must say that based on what I learned from this book I respect him a lot less than before.



5. As an early adopter of the TRS-80 (1978) and later Apple II I have been an avid reader of much history of this period. There are great nuggets of inside events in this book but a little too much of Woz's philosophy and not as much new as I had hoped. The tech info was great though some of it a bit hard to follow which might be understandable of a proven genius telling his story.

5 comments about The Billionaire Who Wasn't: How Chuck Feeney Made and Gave Away a Fortune Without Anyone Knowing.

1. I saw this book reviewed in The Economist and could scarcely believe what I was reading. I recommend this as a great read, a great book club or church group read, and a good book to give out to the board of directors of any organization, whether for profit or not! Here is a unique insight into the upbringing, growth and mindset of one of the most well grounded individuals of the modern era. If you are interested in how to make the world a better place, drop what you are doing and read this book!



2. The story of Chuck Feeney is long overdue. Bright, modest, humble, he lives the Gospels without preaching them. By giving away his fortune he enlarged himself, which is the inherent nature of selfless living. Whenever we give away something in the pursuit to help others we are both benefactor and beneficiary. We grow in the process. Nothing is depleted.
   
   At least that is the lesson that was reinforced for me in this fine book by Conor O'Clery about a philanthropist who leads quietly and by example. We should all follow.The Gospel of Father Joe: Revolutions and Revelations in the Slums of Bangkok



3. Nice job by Conor O'Clery. Following Chuck Feeney around to gather the info for the book had to be exhausting since Chuck doesn't appear to stand still for more than a few seconds. Aside from the millions of lives Chuck has influenced through his giving, the difficulties of remaining nameless and faceless - and multiple other sub-plots - think SALES. If you have anything to do with sales you should buy this book for yourself and your team. Chuck Feeney is the quintessential salesmen, "the pure and concentrated essence" of a Level 5 leader and consummate salesman. He calls audibles at the line of scrimmage on every play - a perpetual no huddle, run and shoot offense on steroids. There is no five year (or five minute) business plan in his briefcase - just an uncanny ability to trust his gut and get buy-in from the people around him. This is already a longer review than Chuck would read so I'm signing off......long live prodigal generosity....



4. Very interesting story. I know the subject as I worked for his company (DFS) for about four years. This is a really good story, about an exceptional individual. Unfortunately the author is uninspiring. It gets boring in spots.
   
   Chuck Feeney is a very unique individual. We need many more like him in the business world, instead of the Nardelli's and that ilk.
   
   This should be required reading for any wealthy person. The Feeney way of living and giving is spectacular in its simplicity and heart.



5. In 1988, Forbes magazine's annual list of America's most wealthy listed Charles F Feeney as the 23rd richest American alive, whose personal worth of $1.3 billion was greater than Rupert Murdoch or Donald Trump. In fact, four years earlier Feeney had secretly given away almost his entire fortune to a philanthropic trust. He had enough to live on for the rest of his life, but no longer even owned a house or a car. He was, as Irish journalist Conor O'Clery phrases it in this powerful biography, `the billionaire who wasn't'.
   
   This is two books in one: the remarkable story of duty free retailing and its leading company, DFS, whose extraordinary growth and profits paralleled the rise of jet travel; and that of Feeney himself, a slightly shambolic businessman, linguist and traveller, who took the needs of the world on his shoulders and became a model philanthropist.
   
   It is nicely written and pulls you in like a novel. As a business biography alone, O'Clery's book is valuable, showing that huge money can be made from very simple business models. DFS's success could be put down to `four men in a room' working out what they would bid for airport duty-free concessions, and winning them. Once established, profits came easily. Feeney insisted that luck played a big role in the company's fortunes, that they reaped the benefits of being the first trusted brand in a fast-growing new field. Yet the book is also peppered with Feeney's advice to other to always `think big' (in both business and philanthropy), and in his restless desire to build a great business even the other partners admitted that Feeney had been its driving force.
   
   I liked this book so much I included it as one of the classics of philanthropy in my own book "50 Prosperity Classics: Attract It, Create It, Manage It, Share It - Wisdom from the best books on wealth building and abundance".
   50 Prosperity Classics: Attract It, Create It, Manage It, Share It (50 Classics)

5 comments about The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders.

1. This book is a great reference point to many of the activities that occurred in the 1980s and how those events impact Wall Street and the financial markets today. While not as well written as other books in the genre, it makes an emphasis of using facts as opposed to circumstantial evidence presented as facts (which many similar books such as "Den of Thieves" and "Barbarians at the Gate" use) and that makes this book a cut above the rest.



2. Connie Bruck tells the tale of the rise of Drexel Burnham, Michael Milken, and the modern day junk bond market, from the early beginning all the way up to the end.
   
   The Predators Ball is a great bit of investigative writing. The dramatic events really keep you hooked, although at some points the level of detail requires hunkering down for the long haul. Overall, recommended for any Street junkie or anyone interested in Drexel Burnham and Michael Milken.



3. Highly regarded as one of the finest pieces of business investigative journalism written, Connie Bruck's groundbreaking work on the subject of junk bonds and corporate financing was written during a time when the business press universally admired Drexel Burnham for their ability to turn junk into gold.
   
   You will find this book quite entertaining and comprehensible. A smooth read not filled with too much industry jargon, its nomenclature friendly enough even for the beginner. It highlights the bright sides as well as the dark sides of the critically acclaimed Junk-bond king Michael Milken and allows each of us to have his or her own view on Milken and Drexel Burnham's underlying philosophy.
   
   Although the book does lean heavily towards Milken having a me first attitude, it does manage to pin down a few important business lessons underscored by him that cannot be overlooked. You will not waste any time reading this piece. You will definitely be on the winning side by reading this book.
   
   This book will definitely generate scores of topics to discuss and debate about the philosophies of American business that dominated Wall Street in the 1980s. This future classic highlights many corporate raiders that are still vehemently visible today. Just to name a few: players like Carl Icahn, Nelson Peltz, Ron Perelman, T. Boone Pickens and a host of others.
   
   A definite must read for those interested in banking, financial history, and especially for business students.



4. I Love this Book and the Brass ones it took to actually write it!
   Magic Mike was brilliant! Not so legal, but a genius!
   And "The Predator's Ball", was a just a Very expensive weekend party in a bungalow at The Hotel California!
   Great story, too bad it will never be a movie!



5. Today the phrase "securities fraud" evokes Enron, WorldCom and Tyco. Two decades ago, it evoked Drexel Burnham Lambert, the investment bank that ruled the junk-bond realm and helped fund some of the most audacious corporate takeovers of the 1980s. Enthroned at the center of Drexel Burnham was the king of junk, Michael Milken. Was he a financial genius who found ever more clever ways to make markets more efficient? Or was he a swindler running the world's biggest Ponzi scheme? New Yorker writer Connie Bruck sets out to answer those questions in this cautionary tale of Drexel's rise and fall. getAbstract recommends this fascinating, highly detailed financial history. However, the flaw in Bruck's narrative is the absence of a third act: She inexplicably ends the book before Milken's trial and sentencing. While its ending is weak, this provocative story makes one thing clear: Uneasy lies the head that wears a leveraged crown.

5 comments about Rigged: The True Story of an Ivy League Kid Who Changed the World of Oil, from Wall Street to Dubai.

1. Okay for light reading, but this is not as good as Mezrich's other works. He gets over his breast fetish in this one.
   
   The setting is back and forth between New York and Dubai, with stops in playgrounds for the very very very rich in Europe.
   
   The premise of the book is how two young men with a foot in each culture (Broklyn Italian-American and Ivy League kid counter-partied with a European-educated Wahhabist-Muslim Saudi) through luck, perseverance, and connections were able to persuade reluctant partnerships into a groundbreaking earth shattering development: an open-outcry/electronic trading oil exchange in the Middle East!!!
   
   Errrrrrrhhhh aahhhhhh...
   
   Forex has been trading in the Middle-East in Bahrain on an organized exchange for decades.
   
   So the whole "innovation" and "revolution" GEE-WHIZ factor of the incessant theme of "The True Story Of An Ivy League Kid Who Changed The World Of Oil From Wall Street to Dubai" is lost on those of us who actually know something about international markets. These two kids aren't innovators, they simply extended an already established and proven successful model.
   
   For traders and those with pit experience or financial experience there are both some funny characters that will be instantly recognizable, some "boys with toyz" hi-jinks that is becoming standard for the genre, and some jaw-dropping whoppers of mistakes that reinforce that this is more "truish" than truth.
   
   But if you want to skip one of Mezrich's books, this is the one.



2. Mezrich's skill as a writer is limited. His characters are shallow caricatures and his plot jumps from action packed scene to scene. At best, this is a screenplay for a fictional story about starting a new exchange.
   
   Skip Mezrich, look for something by Michael Lewis instead.



3. By the author's own admission, this "biography" is a composite profile and composite account of people and doings connected with the Mercantile Exchange. It's literally impossible to know how much of it is fiction and how much fact. It could be accepted as a work of fiction, with a few more thrills thrown in.
   
   It serves mainly to boost the image of Dubai as a paradise of capitalist extravagance and political stability in the war-torn Middle East. One wonders how much of a hand that country's boosters had in crafting these passages, as nothing is mentioned of the armies of "guest workers" there, indentured Indians, Filipinos and such, who keep the play palaces running.
   
   One fair question that the reader might ask, in these days of $4.00 a gallon gasoline, is why is it a good thing for Dubai to host a petroleum trading floor? There's no answer here.



4. I have read all of Mezrich's fiction books. This was the worst one of them all. I was waiting for the plot to improve and it never did. The ending was boring to say the least...



5. Mezrich books have been fun in the past, blackjack etc. and I really enjoyed Ugly Americans. However, this book is one dimensional with the minus of exaggerated dramatic situations. I cannot complain too much as I read it in a day, definitely fast paced, but I kept waiting for something cooler or more interesting to happen, which never did. To save you the time; Ivy league Kid gets job at the MERC in NY, UAE is figuring out how to position themselves for the future as a tiny middle eastern country and want to set up oil exchange in Dubai, NY Kid goes to Dubai and helps set up mid east oil mercantile exchange. Woulda been a good magazine article. Anyways I cannot recommend this book. "Bringing Down the House" and "Ugly Americans" were definitely much more interesting.

5 comments about The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron.

1. I still wonder if the title is supposed to be a play on the homonym "Smartest guise in the room."
   
   The authors step meticulously through the company's existence from the promising and fruitful beginnings of its energy operations to it's ultimate demise as America's largest bankruptcy with $10s of billions of debt.
   
   The most enlightening aspects of the Enron saga are the personalities and personal journeys of each of the key players behind Enron's existence. I think it's fair to say, in general, that most successful people in business are either 1) Brilliant, 2)Incredibly charismatic, or 3)Fortunate benefactors of nepotism. The founder (Ken Lay) wasn't very business smart, but had a good idea and was amazingly charismatic and quickly roped in his crack team.
   
   The reader very quickly sees what happens when incredibly intelligent people are put together towards a common goal in an atmosphere of amoral adherence to the "letter of the law". The operation was legitimately making money hand over fist the first year or so...but quickly after that, all "profits" were merely the magic of clever accounting.
   
   This is a story of brilliance turned to hubris and invincibility but yet no accountability. I think the theme of the epilogue "Is anybody to blame?" sums up well the personalities of the key players involved. Everyone felt as though they had done nothing wrong. It's almost impossible to pinpoint when any laws had actually been broken...the regime was one continual exploitation of loopholes and gray areas.
   
   The tale is truly terrifying in a very real sense. It's amazing to think that one of the worst businesses in American history was heralded as stable and as a "good buy" by many Wall Street analysts even up until the day before it imploded and ruined thousands of people's lives as well as the bottom line in some of the world's largest banks. It's amazing that brilliant accountants and relentlessly charismatic leaders can do more to bolster the stock of a company than actual legitimate earnings.



2. An interesting story of how a corporate belief in hiring intelligent people, or at least people who boast they are intelligent, leads to hubris and eventual ruin.
   
   When everything finally collapses, no one is responsible and no one did anything wrong. A telling tail of how smart people can convince themselves of things better than they can convince the world.
   
   What might Enron have done differently? The authors feel that Enron's use of "mark to market" accounting (booking the entire profits long term deal up front, based on a model of the future; the company is then supposed to adjust their revenues as time passes and the model is tested) was largely responsible for losses that Enron then hid.
   
   The length, at 400 pages, is imposing but goes by quickly. However, the authors took the unusual step of listing all the players with their role, which really helps with getting all the names straight.



3. This is probably the best corporate bio of Enron you'll find, at least for now. Very readable, the pages turn quick and it never gets boring. Some of the technical accounting details were beyond me, but it wasn't difficult to understand the bottom line: These schemes were illicitly lining a few pockets with massive amounts of cash.
   
   The amount of work that went into this account is mind boggling. I can't imagine the hours of conducting interviews and poring through complex legal and accounting documents to understand what happened over Enron's 15-20 years of existence.
   
   However, as with most journalistic novels like this, you need to be careful to not be influenced by the slant of the prose. I wouldn't say that this account is neutral enough to be good for a "historical" perspective. It was written to sell first, inform second. There are countless statements throughout that could be construed as overly opinionated and even unfair to some of the players.
   
   This is the story of Enron for the layman, not for an MBA student performing a case study on the company. If you're an interested layman like me, do yourself a favor and read it!



4. When one reads 'The Smartest Guys In The Room' there is one question that keeps recurring. How did no-one at Enron foresee the company's grizzly demise. The folly of mark to market accounting was reason enoough to expect certain problems, but the endless treadmill that Enron placed itself on concerning the stock price made those problems an inevitability.
   
   Although Elkind and Mclean portray the story well, they really don't have to do much with the material to make a fantastic story of the blistering story with which Enron rose and the calamitous pace at which it fell. The Enron tale is one of brash arrogance in almost every possible facet of a business, allied to a stubborn refusal to accept the economic reality even when it is staring you in the face. The real shame about the whole mess is that these were bright guys and this was potentially a great company. All they had to do was have a little common sense and regular business accumen and they could have been on to a real winner here.
   
   I would ultimately say to everyone that has an interest in business or the financial markets, however slight, that this book is a thumping good read and is worth some money ouot of anyone's pocket.



5. Very well researched account of the rise and downfall of Enron. It chronicles the start and the ultimate demise of this company, which never really had a great business model - (sorry Jeff Skilling). It is amazing that so many "smart" people did not understand basic business skills and the simple difference between economic and accounting gains. Jeff Skilling, a former McKinsey partner, should have stayed with the consulting firm where theory is safely differentiated from real world. Skillings' first mistake was not understanding his own limitations first and foremost. He breaks out a bottle of champagne to celebrate SEC's acceptance of a change in Enron's accounting system. Accounting does not create value - it does not appear that many Enron executives (especially Skillings who should have known better) understood this.
   
   McLean and Elkind do a nice job presenting some of the schemes and scams that Enron executives used to make themselves look good to investors, analysts, bankers and the general public. There are some scams that I had a hard time following, but the reader will grasp the general idea behind them. In light of recent accounting scandals, this is an important book to read for any investors and the public in general. Unfortunately the book ends around summer of 2002 and we do not find out what happens to some of the key characters. My interest was sparked enough that I researched some of the more recent findings after reading the book. Despite its difficulty to read at times I highly recommend it.

5 comments about Let My People Go Surfing: The Education of a Reluctant Businessman.

1. I thought this book was excellent. It definitely causes you to think about the relationship of your business to the world at large.
   
   The most helpful part of the book was how Patagonia incorporated their principles into the decision making for the corporation. The real world examples were helpful and easy to understand.



2. The tone of arrogance and condescension really diminish what would otherwise be a good autobiographical case study of growing a hobby/skill into a successful brand. Critical self assessment is sometimes subordinated to over emotive passages and screeds about Chouinard's take social and economic trends. Some of the more interesting aspects of forming company goals and culture were lost amid a general tone of contempt for what Chouinard considers `the business world'. The good stuff is there, you just have to get past the maverick chest thumping and "I am a reluctant businessman and I run my business better without old and tired business practices and paradigms. . . like profit".
   
   Two things were rather galling. First, the first sentence "No young kid growing up ever dreams of becoming a businessman." Well, sorry, a lot of kids actually do, they dream of following a parent or relation in a particular line of business or endeavor, just because Chouinard wasn't like that doesn't mean it doesn't occur.
   
   Second, the restructuring of 1991 was a prime example of the arrogance and hypocrisy that marks the books tone. In July of 1991, Patagonia fired 20% of its workforce. So what does Chouinard do? He packs his executives off to Argentina for a `walkabout' to discuss goals and direction. Nice. You fire a bunch of people then you blaze a huge carbon footprint down to Argentina to brainstorm. WOW, that is brilliant. Excellent use of corporate and global assets. That's the kind of morale crushing maneuver that Chouinard pillories `the business world' for throughout the book. "Where's the boss?" "Oh, after the red ink of the second quarter, he and the executive committee went to Argentina to figure things out." Right out of Dilbert.
   
   Again, some good information buried amid the screed and propaganda (at Patagonia, it's not propaganda, it's activism). I would recommend reading Goldratt's `The Goal' parallel with this. Still, the book is a good case study of brand development and growing a hobby/skill into a corporate business.



3. I found the book to be very enjoyable and definitely thought provoking. Even though I don't run a company, it got me thinking about ways I could have a similar affect on our world in my own job and personal life. If the book did that alone, I would consider it a success.



4. this is the best business book i've read in a long time, hands down. and, that's a bit strange, in many ways. because it's not a pure business book -- let's call it a business memoir. chuoinard tells his own life story, including a detailed telling of the creation of chouinard equipment, and then patagonia. he's sometimes-arrogant, he often unfairly generalizes, he occasionally overstates his case. he's overly proud of this "i did it my way" path.
   
   but... it works. and there are nuggets in here that are so wonderfullly different than what one would read in other business books. in a sense, this is a "life book" -- it's about leading a company who is voraciosly and unflinchingly committed to its mission and values, even when those are contrary to profit. it's about a company or an organization being about something other, something more, than revenue and profit. and, really, it's about being the kind of person who knows herself, knows his values, knows her strengths, knows his commitments, and works ruthlessly to keep them. for chouinard, those values are all about the environment. so the book is packed with both the theoretical and the practical when it comes to environmental issues (including lots of side stories).
   
   personally, i found the environmental stuff really helpful. we (ys) aren't patagonia (either in their singular commitment to environmental issues, or in many other ways). but we are trying to become more green. but the environmental passion of patagonia transfers, conceptually, to what other organizations could be passionate about (assuming that something is outside of themselves).
   
   so...
   1/3 personal and organizational memoir
   1/3 environmental manifesto and practical organizational guide
   1/3 business book on passionate commitment to internally and externally focused organizational mission and values
   
   i'm going to buy a case lot of these (really), and give them to the ys exec team, the ys green team (a group of ys staff working on ways to help ys be more environmentally friendly), and some on the zondervan leadership team.



5. Yvon Chouinard began his foray into business as a way to create a product for himself and his climbing colleagues. His desire to life an unconventional lifestyle, along with his mother's philanthropic influence, led him to create what Patagonia is today: a socially responsible business that makes high quality products while tending to the environment and its employees. Chouinard believes in his people and they in turn trust him.
   
   Author, "Trust is Everything: Become the leader others will follow"

2 comments about Creative Capital: Georges Doriot and the Birth of Venture Capital.

1. Americans always talk of saving France during WWII, yet at the same time, here was an intriguing French immigrant who rose to be a top professor of entrepreneurship at Harvard Business School, a founder of the venture capital industry, founder of INSEAD the European business school and to top it all off- played a critical role in saving countless American lives in WWII by leading the innovation and production of quality military equipment and supplies.
   
   Ante's portrait is one of a driven maverick, visionary and Renaissance man who made an astonishing contribution to the war effort and modern business culture, and yet he seems very human and at times poignant. I was especially moved by Doriot's tireless passion in helping American soldiers as well has his 48-year marriage to his wife Edna and how they spent their last years together.
   
   I loved this book because it's such an unusual and valuable contribution to our understanding of the 20th century. Doriot has been an unsung hero in many ways, and by bringing his life into focus, Ante weaves people and international events in a way that makes us see our world as ever more fascinating, multi-faceted and interconnected.



2. I was General Doriot's student at Harvard in 1960. He and his views had a profound impact on my life, both in business and personally. His emphasis on ethics, patience, creativity and freedom led me, in my various roles in life, to pass on these same qualities to all my associates.
   The book is well written and provides a useful insight on the private man. It's too bad that this information was not available in 1960.