TIP 107 : Jack Welch's book - Winning (Business Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Business, Investing

4.6 • 3.6K Ratings

🗓️ 9 October 2016

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: How to rise to the top in the corporate world. Why you should openly rank your employees and reward them accordingly. How to provide feedback for your boss. The one question you should ask to identify the best candidate for a job. Why you should implement Lean Six Sigma. Ask the investors: How much money do I need to start investing. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Jack Welch’s book, Winning – Read reviews of this book. Ed Catmull’s book, Creativity Inc – Read reviews of this book. William Thorndike’s book, The Outsiders – Read reviews of this book. Robert Cialdini’s book, Influence – Read reviews of this book. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. 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Transcript

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0:00.0	We study billionaires and this is episode 107 of the Investors Podcast.
0:06.0	Broadcasting from Bel Air, Maryland. This is the Investors Podcast.
0:14.0	They'll read the books and summarize the lessons. Don't test the waters. Tell you what it's called.
0:19.0	They'll give you actionable investing strategies.
0:23.0	Your host, Preston Pish, and Sting Broderson.
0:29.0	Hey, how's everybody doing out there? This is Preston Pish and I'm your host for the Investors Podcast.
0:34.0	As usual, I'm accompanied by my co-host Sting Broderson, out in Seoul, Korea.
0:39.0	Today we've got a book for you and this book is all about Jack Welch.
0:44.0	Jack and his wife, Suzy Welch wrote this book. It's called Winning, the Ultimate Business How To Book.
0:51.0	Before we chose this book, just so everyone knows, I'm pretty sure everybody out there knows who Jack Welch is.
0:57.0	Former CEO of General Electric. Very, very famous American CEO.
1:04.0	His personal net worth is not a billion dollars. It's around 720 million.
1:09.0	We really do try to read books from people that have a net worth over a billion or has been recommended by that.
1:15.0	But I think we can definitely make an exception to the rule with Jack Welch.
1:20.0	This book here was very good.
1:22.0	The thing that I'll tell you, if you're listening to the show and you're looking for investment advice as far as investing in stocks and bonds and that kind of stuff,
1:30.0	you're definitely not going to really get a lot of tips in that direction.
1:34.0	But what you can use this book for is how to find good sound management in a business that you might be investing in.
1:41.0	So that's kind of the angle that we're taking with this one.
1:44.0	And for anybody that's in middle management or lower management or anything like that and you're looking for what is it that executives are wanting to see in me in order to rise to the next level within my company.
1:56.0	This is also a fantastic book for that type of person that would be listening to the show.
2:01.0	So Stig and I have this broken down into four different segments, the first segment.
	...

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