This book about Bernard Arnault costs $3,000 😳
I just finished reading it and wanted to buy another copy
I could only find 1 for sale
The book provides *incredible* insight into a young Arnault —when the book ends he is only 42 years old
One of the most incredible things is that a young Arnault called his shot
This is what he said 30+ years ago:
“My ten-year objective is that LVMH’s leading position in the world be furthered strengthened in the luxury goods sector.
I believe that there will be fewer and fewer brand names capable of retaining a worldwide presence and that those of our group will be among them.” 🎯
Listen to the latest episode of @FoundersPodcast to learn more ideas from this relentless, world-class entrepreneur.
Thanks to @djrosent for giving me this book — he paid almost $400 for it!
The book "Excellent Advice for Living" is so good I read it in one sitting.
The book is a collection of maxims Kevin Kelly wrote to his adult children. Each maxim contains a bit of wisdom he wish he'd known earlier.
79 maxims that resonated the most (I added #57 selfishly)
1. Choose to believe that the entire universe is conspiring behind your back to make you a success.
2. Mastering the view through the eyes of others will unlock many doors.
3. If you can avoid seeking the approval of others your power is limitless.
4. The reward for good work is more work.
5. Don’t be the best. Be the only.
6. The urgent is a tyrant. The important should be your king.
7. Find smart people who will disagree with you.
8. The main thing is to keep the main thing the main thing.
9. The most counterintuitive truth of the universe is that the more you give to others the more you'll get.
10. Life gets better as you replace transactions with relationships.
11. Courtesy costs nothing.
12. Life lessons will be presented to you in the order they are needed.
13. Cultivate an allergy to average.
14. If you repeated what you did today 365 more times would you be where you want to be next year?
15. If you're alive that means you still have lessons to learn.
16. Master something. Through mastery of one thing you'll command a viewpoint to steadily find where your bliss is.
17. Trust is earned in drops and lost in buckets.
18. First, always ask for what you want. Works in relationships, business, life.
19. If nobody else does what you do you won't need a resume.
20. How to apologize: quickly, specifically, sincerely.
21. The best way to advise people is to find out what they really want to do and then advise them to do it.
22. It is certain that 99% of the stuff you are anxious about won't happen.
23. What is important is not what happened to you but what you did about what happened to you.
24. Your golden ticket is being able to see things from other people's point of view.
25. Pay attention to who you are around when you feel best. Be with them more often.
26. To get your message across follow this formula: simplify, simplify, simplify, then exaggerate.
27. You will thrive more when you promote what you love rather than bash what you hate.
28. To be interesting just tell your own story with uncommon honesty.
29. When you truly think for yourself your conclusions will not be predictable.
30. Don’t measure your life with someone else’s ruler.
31. For maximum results focus on your biggest opportunities, not your biggest problems.
32. Pay attention to what you pay attention to.
33. Do more of what looks like work to others but is play for you.
34. Don't bother fighting the old just build the new.
35. Don't compare your inside to someone else's outside.
36. When you're stuck explain your problem to others.
37. Most stories are improved significantly if you delete the first page. Start with the action.
38. A long game will compound small gains that will be able to overcome even big mistakes.
39. Constantly search for overlapping areas of agreement and dwell there.
40. It is your destiny to work on things that only you can do.
41. Make stuff that is good for people to have.
42. You'll get 10 times better results by elevating good behavior rather than punishing bad behavior.
43. Life is not a straight line for anyone.
44. Aim for tasks that you never want to stop doing.
45. Regularly scheduled sabbaths, sabbaticals, vacations, breaks, aimless walks, and time off are essential for top performance of any kind.
46. Don't mistake a clear view of the future for a short distance.
47. Efficiency is highly overrated
48. Greatness is incompatible with optimizing in the short term.
49. The greatest teacher is called "doing."
50. Figure out what time of day you are most productive and protect that time period.
51. You are much better off delivering unwelcome news to someone yourself directly.
52. Don't ever work for someone you don't want to become.
53. Take one simple thing — almost anything — but take it extremely seriously as if it is the only thing in the world
54. Be frugal in all things except in your passions.
55. About 99% of the time the right time is right now.
56. Finite games are played to win or lose. Infinite games are played to keep the game going. Seek out infinite games because they yield unlimited rewards.
57. To be remarkable, read books.
58. Be a good ancestor. Do something a future generation will thank you for.
59. Bad things can happen fast but almost all good things happen slowly.
60. To transcend the influence of your heroes copy them shamelessly like a student until you get them out of your system. That is the way of all masters.
61. Don't worry how or where you begin. As long as you keep moving, your success will arrive far from where you start.
62. It is much easier to change how you think by changing your behavior, than it is to change your behavior by changing how you think. Act out the change you seek.
63. If you meet a jerk, ignore them. If you meet jerks everywhere every day, look deeper into yourself
64. Writing down one thing you are grateful each day is the cheapest possible therapy ever.
65. Ignore what others may be thinking of you because they aren't thinking of you.
66. Passion, persistence, belief, and ingenuity are required to invent new things. Qualities the poor and young often have in abundance. Stay hungry.
67. Calm is contagious.
68. When crises strike don't waste them. No problems, no progress.
69. Your purpose is to discover your purpose. This is not a paradox. This is the way.
70. Your passions should fit you exactly but your purpose in life should exceed you.
71. Fear makes people do stupid things.
72. When someone is nasty, hateful, or mean toward you treat their behavior like an affliction or illness they have. That makes it easier to have empathy toward them which can soften the conflict.
73. You don't need more time because you already have all the time you will ever get; you need more focus.
74. Compliment people behind their back. It'll come back to you.
75. Expand your mind by thinking with your feet on a walk or with your hand in a notebook. Think outside your brain.
76. Gratitude will unlock all other virtues.
77. You choose to be lucky by believing that any setbacks are just temporary.
78. It is useful to organize your thoughts with someone you trust and admire.
79. Over the long term the future is decided by optimists. To be an optimist you don't have to ignore the multitude of problems we create; you just imagine how much our ability to solve problems improves.
Legs crossed, sipping from his cup with both hands, Rubin answered Kushner’s anguish with a question, the way he might have done with Jay-Z or Slayer. “Do you know the biggest mistake most musicians make?” he said. “Their first album comes from love, heartbreak, passion, or depression. They have no expectation of how the world will respond. They write it from the heart, and if it catches on, they’re validated by the world. But then they start writing their second album, and they don’t necessarily write it based on love, heartbreak, or passion. They write the album they think the world will want.”
“My advice to you and your team is to just be yourselves,” Rubin explained. “Because if you do what you think the rest of the world wants, one of two things will happen. You might be right, but if you are, you won’t really know why; and if you’re wrong, you’ll be angry at yourself for deviating from what is true to your core. So just be yourself, and either you’ll be right, and it’ll feel really good; or you’ll be wrong. But at least you’ll still be yourself.”
“One thing I can explain is why what he said resonated so much,” Kushner told me in early September, in his peculiar way of speaking only in uncontracted forms—one of his boyish attributes that obscures a long memory and ferocity of ambition.
“I have navigated many complex situations in my life. I have learned not to care too much about what the world thinks. Not because I am special, but because I have had a unique lens on what the world is and how people can act. People love you, and then they hate you, and then they love you. The only thing that ultimately matters is how you feel about yourself. Trying to appease others is never a winning game.”
@JoshuaKushner @JeremySternLA
he turned to me and put his hand on my arm and said, ‘Money’s like water, see? All you have to do is learn to turn on the faucet,’” Duncan recalls. “I thought I was in a David Mamet movie, but he’s right. Where does the water want to flow? You’re not forcing it. You’re working with what already wants to happen.” @GrahamDuncanNYC @JeremySternLA
I have written my first book! A passion project of almost 10 years, Runnin' Down a Dream aims to give people both the motivation & the methods for thriving in a career they actually love. Put a lot of heart and soul into this - hope you ❤️ it. Pre-order: https://t.co/vR4XG6JxDy
Big thanks to @AcquiringMinds_ and @whentheresawill for having me on the show to discuss the role of family office capital in the independence sponsor and search ecosystem within private markets.
https://t.co/lZCX9fxWTC
What a show. 6000 people who like corporate history all coming together in one building to learn. I bet these guys never dreamed their pod would take them to @RadioCity@djrosent@AcquiredFM
Such a great story in itself. Congrats