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One Up On Wall Street SUMMARY Conclusion Chapter 20 – 50,000 Frenchmen Can Be Wrong

The market, like individual stocks, can move in the opposite direction of the fundamentals over the short term Be optimistic about America and investing in general Market declines are great opportunities to buy stocks in companies that you like You can never predict the market It takes years, not months to produce big results You can make serious money by compounding a series of 20-30 percent gains in Stalwarts Stock prices often move in opposite direction but the long term, the direct and sustainability of profits will prevail Buying a company just because its cheap is a losing strategy Selling an outstanding fast grower because its stock slights overpriced is a losing technique You don’t lose anything by not owning a successful stock Stock doesn’t know that you own it Don’t be attached to a winner Don’t stop monitoring the story If you don’t think you can beat the market then buy a mutual fund Keep an open mind to new ideas Read One Up On Wall Street by Peter Lynch Chapter 19 full su...
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The Lean Startup by Eric Ries SUMMARY Part One: Vision Chapter 2 Define

Who, Exactly, Is An Entrepreneur?
Entrepreneurs can be managers, teams or product innovators
Entrepreneurs who operate inside an established organization sometimes are called “intrapreneurs”

If I’m an Entrepreneur, What’s a Startup?
A startup is a human institution designed to create a new product or service under conditions of extreme uncertainty
The human enterprise is dedicated to uncovering a new source of value for customers and cares about the impact of its product on these customers
Innovation is at the heart of the company’s success

The SnapTax Story
A startup automating the process of collecting tax info from W-2 forms
Launched an early version of product that was not complete and then launched it as SnapTax with constant improvement which became a big success
Developed by Intuit, Americas largest producer of finance, tax and accounting tools

A Seven-Thousand-Person Lean Startup
Intuit’s founder Scott Cook had a wild goal that personal accounting should happen by computer
A decade later the company went public
Year 2002, many of it’s products were failing because of the management paradigm being practiced
Changed the management culture over the years
Built an innovation factory that creates disruptive innovations on a continuous basis
They hold themselves accountable by measuring the number of customers using products that didn’t exist 3 years ago and the percentage of revenue coming from offerings that did not exist 3 years ago

Read The Lean Startup by Eric Ries Chapter 1 full summary here 👇:
http://mysweetluck.blogspot.com/2020/05/the-lean-startup-by-eric-ries-summary_30.html

Watch The Lean Startup by Eric Ries Introduction full summary here 👇:
https://youtu.be/FNn0C1tucKU

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