#490
Mentioned in 22 episodes

How the Mighty Fall

Book • 2009
In 'How the Mighty Fall', Jim Collins explores the reasons behind the decline of once-great companies.

Through a four-year research project, Collins identifies five stages of decline: Stage 1: Hubris Born of Success, Stage 2: Undisciplined Pursuit of More, Stage 3: Denial of Risk and Peril, Stage 4: Grasping for Salvation, and Stage 5: Capitulation to Irrelevance or Death.

The book offers leaders practical advice on how to detect early signs of decline and reverse their course to avoid failure.

Collins emphasizes that decline is often self-inflicted and that understanding these stages can help companies avoid or recover from decline.

Mentioned by

Mentioned in 22 episodes

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Mentioned by Tim Ferriss as one of Jim Collin's books that explores how once-great companies can self-destruct.
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Mentioned by Tim Ferriss in the introduction, highlighting Jim Collins 's work on business and management.
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Mentioned by Mitch Rales when discussing his learnings and takeaways from his work with Jim Collins.
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Recommended by Brian Gottlieb as a great book telling you the five things to watch out for in decline.
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Mentioned by Guy Raz as his favorite book, offering insights into company failures.
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Mentioned by Ken Coleman as one of the four essential business books for those seeking to build a successful company.
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Mentioned by Keith Taylor as insightful books that used examples of what good or bad business practices look like.
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Mentioned by Trey Lockerbie as the episode guest and author of several best-selling books on business and leadership.
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Mentioned by Ryan Holiday as a book exploring the reasons behind the downfall of successful companies.
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Mentioned by Dave Ramsey while recounting a discussion with Jim Collins about teaching entrepreneurship.
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Mentioned by John Eades , sharing lessons learned from a meeting with the author.
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Mentioned by Dave Ramsey when discussing the importance of facing reality in business.
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