The Self-Made Billionaire Effect: Summary Review
This is a summary review of The Self-Made Billionaire Effect containing key details about the book.
What is The Self-Made Billionaire Effect About?
"The Self-Made Billionaire Effect" by John Sviokla and Mitch Cohen explores the traits that successful self-made billionaires share, providing insights into how they think, act and create value, and how others can apply these principles to their own lives and businesses. Overall, the book provides valuable insights into the mindset and habits of self-made billionaires, and offers practical advice for anyone looking to achieve extraordinary success in business and in life.
The Self-Made Billionaire Effect breaks down the five critical habits of mind of massive value-creators, so you can learn how to identify, encourage, and retain such individuals—and maybe even become one yourself. Big companies tend to reward Performers and discourage the unconventional ways of Producers. But it’s the latter who integrate multiple ideas, perspectives, and actions, and who trust their insights enough to make game-changing bets.
Summary Points & Takeaways from The Self-Made Billionaire Effect
Some key summary points and takeaways from the book include:
* Self-made billionaires are not born with an innate ability to create wealth; they cultivate the right habits and mindset that enable them to succeed.
* Billionaires are able to generate massive value because they have an uncanny ability to spot opportunities that others don't see. They take calculated risks, make quick decisions, and move fast to capitalize on opportunities.
* Self-made billionaires are masters at creating and maintaining relationships that help them achieve their goals. They build networks of loyal and supportive people, and they are always looking for ways to give back to others.
* One of the most important traits of self-made billionaires is their ability to think long-term. They are patient and persistent, and they are willing to invest in their ideas even when others doubt them.
* Self-made billionaires are extremely disciplined and focused. They have a clear vision of what they want to achieve, and they work tirelessly to make it happen. They are also able to manage their time effectively, prioritizing the activities that will bring them closer to their goals.
* Self-made billionaires are also excellent at managing risk. They understand that every investment carries a certain amount of risk, but they are able to minimize that risk through careful analysis and due diligence.
* Finally, self-made billionaires have a strong sense of purpose that drives them forward. They are passionate about what they do, and they believe that their work can make a positive difference in the world.
Who is the author of The Self-Made Billionaire Effect?
John Julius Sviokla is an author and a principal and US Advisory Innovation Leader with PricewaterhouseCoopers. He also serves on PwC’s Advisory Leadership Group, the Global Thought Leadership Council, and leads The Exchange — an ongoing think tank for PwC clients and business leaders.
Mitchell Cohen is an author, essayist and critic, He is professor of political science at Baruch College of the City University of New York and the CUNY Graduate Center. From 1991 to 2009, he was co-editor of Dissent, one of the United States' leading intellectual quarterlies. He is now an Editor Emeritus.
What are good quotes from The Self-Made Billionaire Effect?
“creativeness is the ability to see relationships where none exist.”
Book details
- Print length: 198 Pages
- Genre: Business, Nonfiction, Entrepreneurship
What are the chapters in The Self-Made Billionaire Effect?
Chapter 1: Exploring Myths of Extreme Entrepreneurship
Chapter 2: Empathetic Imagination: The Art of Designing the Blockbuster
Chapter 3: Patient Urgency: How Billionaires Thrive Despite the Uncertainty of Time
Chapter 4: Inventive Execution: How Producers Bring Blockbusters to Market
Chapter 5: Reversing the Risk Equation: How Producers Avoid Risks Other Take and Take Risks Other Avoid
Chapter 6: The Producer-Performer Duality: How Producers Find Their Complement`
What do critics say?
Here's what one of the prominent reviewers had to say about the book: “This well-researched, fun-to-read book provides top management with a set of insights vital for finding and keeping the talent needed to design and deliver breakthrough value.” — LINDA A. HILL, Wallace Brett Donham Professor of Business Administration at Harvard Business School and coauthor of Collective Genius
* The editor of this summary review made every effort to maintain information accuracy, including any published quotes, chapters, or takeaways. If you're interested in furthering your personal growth, you may want to explore my list of favorite self-improvement books. These books, which have had a significant impact on my life, are carefully curated and come with summaries and key lessons.
Chief Editor
Tal Gur is an author, founder, and impact-driven entrepreneur at heart. After trading his daily grind for a life of his own daring design, he spent a decade pursuing 100 major life goals around the globe. His journey and most recent book, The Art of Fully Living, has led him to found Elevate Society.
