TIP167: How The Mighty Fall by Jim Collins (Business Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 3 December 2017

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

One of the biggest names in business literature is Jim Collins. And we recently saw that Billionaire Jeff Bezos recommended Jim’s book, Built to Last. Since we are big fans of both Jim Collins and Jeff Bezos we felt like the book would be a fantastic read for the audience.

Click here to get full access to our show notes.

In this episode, you'll learn:

The 5 distinctive stages of decline
Which 3 key ratios can predict if a company will fall
How and why a company can pull itself out of a decline
Why a successful management should feel lucky rather than successful
Ask the investors: Can Bitcoin benefit from the increasing pressure on the US Dollar?

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to TIP.
0:02.5	One of the biggest names in business literature is Jim Collins.
0:06.3	And we recently saw the billionaire Jeff Bezos from Amazon recommended Jim's book, Bill
0:10.7	to Last.
0:11.7	Since we're big fans of both Jim Collins and Jeff Bezos, we felt like the book would be
0:15.5	a fantastic read that we could share with the audience.
0:18.4	So in episode 111, we covered Jim's book, Good to Great, that talked about all the fundamental
0:23.8	attributes that made a great company.
0:25.9	But today's book, Bill to Last, is the exact opposite.
0:30.3	Jim talks about all the qualities that destroy a great business and what leaders can do to
0:34.9	prevent such a dismantling from occurring.
0:37.5	Jim Collins is really a master of explaining why some companies are off-performing and
0:43.1	as we'll talk specifically about this episode, Why the Mind for.
0:47.3	And as a business person, whether or not you're a leader, employee or investor looking
0:51.2	into the company is just so important for you to be able to identify.
0:55.9	Another thing I would like to highlight about this episode is the question from the audience
0:59.5	at the very end of the episode.
1:01.8	And the question is about currencies.
1:04.2	In our discussion, we talk about why we might agree or disagree on what's happening here
1:08.8	with the frustration that we see about the US dollar and the potential impact of other
1:13.4	currencies, especially Bitcoin.
1:19.4	You are listening to the Investors podcast where we study the financial markets and read
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Stig Brodersen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Stig Brodersen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.