Tools of Titans

The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers

This week’s book review is Tools of Titans by Timothy Ferriss


Ferriss has compiled an extensive volume of advice from an impressive cast of high profile people on topics loosely categorized into health, wealth, and wisdom. Ferriss lives his life like “one big human experiment” and this book captures his experiences while leveraging the collective wisdom of all those who have influenced and impacted his life.

There is a ton of interesting material and wisdom in this book! There will also be some material that you do not find valuable . . . but that is the point of the book. You learn from what you can and ignore the rest!

My takeaway from this book is that I need to take more risks and challenges to grow in more areas. I also need to get a handle on cyber security and how it is impacting me and how it will impact me.

How to Thrive in a World of Monumental Change

We are all aware that the world around us is changing very quickly. In fact, the rate of change is continually accelerating. As a result, individuals, organizations, businesses and even entire cultures are struggling to keep up.

Furthermore, as business leaders, we can no longer assume that the market space we occupy today will be the same market space that we occupy in six months. Products and services that we offer and the technology that we use today will be obsolete tomorrow!

Renowned authors, Alvin and Heidi Toffler’s book entitled “Revolutionary Wealth” provides innovative ideas on how changes in society, government, culture and business are transforming our lives in this century. Especially relevant, the Tofflers have compared the rates of change of major institutions in North America to cars speeding along on a highway. They have rated nine institutions with a “change” rate of speed between 0 and 100 miles per hour as follows:

2 Sure Fire Ways to Build an Organization of Growth Minded People

…your personal growth is proportional to the number of risks you take plus the number of relationships you build.Jesse Tevelow

It is probably safe to say that most people want to improve their “lot in life” in some way. Whether it is a new house, new car, new clothes, more money, different city, different country, different career, different business or a million other motivators, most people have some sort of drive for personal growth and improvement.

What many people don’t realize is that the likelihood for success of this drive for personal growth is directly proportional to risks you take and the relationships you make. If you want to grow, you must always be pushing boundaries – taking a risk or building relationships or both.

5 Simple Steps To Fail Your Way To Success

The goal, then, is to uncouple fear and failure – to create an environment in which making mistakes doesn’t strike terror into your employees’ hearts.Ed Catmull

 

Organizations that value growth and success encourage their employees to innovate, try new things and stretch the boundaries of the business. These organizations embrace failure because they realize without failure an organization cannot grow and reach new levels of success. They also know that if an organization is not growing then it is stagnating . . . and stagnating businesses fail.

My son and a few of his friends started a landscape and lawn care company this summer. They built a website, flyers, posters and brochures. They knocked on doors, distributed flyers and sold their services to as many people as they could. Once they landed enough customers, they went and rented an aerator and power rake and worked their tails off. At the end of the first day they had lost $15! Talk about a disappointing failure!