Unconventional ways to build a successful business and avoiding failure (Tony Fadell)

Mar 21 2023 • 57 mins

"Build" by Tony Fadell is essential for entrepreneurs because it provides practical advice and real-world examples of how to build and scale successful products and companies. The book highlights the importance of starting with a clear vision and mission, building a solid team, focusing on user experience and design, and continuously iterating and improving.

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One example from the book is Fadell's experience at Apple, where he worked on developing the iPod. Fadell describes how the team had a clear vision of creating a music player that was "simple, elegant, and easy to use" This vision drove every decision they made during the product development process. This focus on simplicity and user experience helped the iPod become a massive success. It serves as an excellent example for entrepreneurs of the importance of having a clear vision for their products.

Another example from the book is Fadell's experience at Nest, where he co-founded the company to create an intelligent thermostat. Fadell emphasizes the importance of building a solid team with complementary skills and the ability to work collaboratively. He also emphasizes the importance of continuous iteration and improvement, using data and user feedback to make informed decisions and improve the product over time.

Overall, "Build" is an essential book for entrepreneurs because it provides practical advice and real-world examples of how to build and scale successful products and companies. The book emphasizes the importance of having a clear vision, building a solid team, focusing on user experience and design, and continuously iterating and improving.

INTRO
Tony Fadell introduces readers to his book and what he hopes we all take away from it
Mentor in a box (4m11)

WHERE TO BEGIN
Tony and what it takes to go from Idea to Product
It starts with an idea (1m20)

ADVICE FROM BUILD
Tony talks to Lex about what it takes to build a company or product that will be a success but be prepared to try and fail.
Build Yourself First (2m15)

Tony tells Lex to go into business to solve a problem worth solving, then figure out how to sell it.
Build Your Business (4m)

OUTRO
Tony closes the show with a significant insight into how not to take shortcuts, even if it goes against your investors.
Look closer (4m30)

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