This book explores why some companies succeed in highly uncertain and chaotic environments while others do not. Collins and Hansen conducted extensive research, studying companies that beat their industry indexes by at least ten times over fifteen years in turbulent conditions. They debunk several myths about successful leadership in turbulent times, highlighting key principles such as fanatic discipline, empirical creativity, and productive paranoia. The authors also examine the role of luck and how successful companies leverage it to their advantage. The book provides practical insights and strategies for building a great enterprise in unpredictable environments.
This book provides 366 meditations on Stoic wisdom, featuring new translations of passages from Epictetus, Marcus Aurelius, Seneca, and other Stoic philosophers. Each day, readers are presented with a Stoic lesson explained in modern language, along with advice on how to apply these lessons in everyday life. The book is organized temporally and thematically across the twelve months of the year, making it a daily resource for practicing Stoicism[4][5][6].
In this book, Nate Silver delves into the world of prediction, examining why many predictions fail and how some succeed. He uses case studies from diverse areas like baseball, elections, climate change, financial crashes, poker, and weather forecasting to illustrate statistical principles. Silver emphasizes the importance of probabilistic thinking, humility, and acknowledging uncertainty in making predictions. The book is praised for its accessible explanation of complex statistical concepts and its wide-ranging coverage of predictive methods.
In 'Deep Work', Cal Newport argues that the ability to perform deep work—professional activities in a state of distraction-free concentration—is becoming increasingly valuable in our economy. The book is divided into two parts: the first part explains why deep work is valuable, rare, and meaningful, while the second part presents four rules to transform your mind and habits to support this skill. These rules include 'Work Deeply', 'Embrace Boredom', 'Quit Social Media', and 'Drain the Shallows'. Newport provides actionable advice and examples from various successful individuals to help readers master the skill of deep work and achieve groundbreaking results.
Timothy Davis has led performance marketing for all of Shopify for the past 2.5 years, and as a consultant has helped companies like Pinterest, LinkedIn, Redfin, and Eventbrite kickstart and scale their performance marketing teams. In every one of those cases, he got them so performant at paid growth that they significantly scale spend and investment in these channels. In our conversation, we cover:
• When and how to start investing in performance marketing
• Common mistakes companies make with paid ads
• How to build and structure a performance marketing team
• How to get your creatives performing better
• Strategies for optimizing workflows and team efficiency
• How AI will change performance marketing
• Much more
—
Brought to you by:
• BuildBetter—AI for product teams
• OneSchema—Import CSV data 10x faster
• Eppo—Run reliable, impactful experiments
—
Find the transcript and references at: https://www.lennysnewsletter.com/p/performance-marketing-timothy-davis
—
Where to find Timothy Davis:
• LinkedIn: https://www.linkedin.com/in/timothypatrickdavis/
—
Where to find Lenny:
• Newsletter: https://www.lennysnewsletter.com
• X: https://twitter.com/lennysan
• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/
—
In this episode, we cover:
(00:00) Timothy’s background
(02:31) Understanding performance marketing
(06:31) The importance of paid search
(08:39) Identifying growth potential
(09:54) Case studies: Hairstory and Ipsy
(12:22) Experimenting with new platforms
(18:57) Choosing the right platforms
(20:23) LinkedIn for B2B marketing
(27:56) When to start investing in paid growth
(33:33) Common mistakes in performance marketing
(37:41) Working with agencies and consultants
(40:36) Hiring for performance marketing
(47:33) Metrics that matter
(54:43) Competitor analysis and CPC insights
(56:15) Custom reports and data visualization
(56:38) Understanding impression and click share
(59:10) True competition metrics
(01:02:14) Attribution and incrementality
(01:08:52) Building a performance marketing team
(01:10:53) Creative and ad copy collaboration
(01:15:48) Managing workload and hiring strategy
(01:20:52) Training and onboarding new hires
(01:24:41) Impact of ATT on performance marketing
(01:25:56) The power of creative in ads
(01:29:47) Using AI in performance marketing
(01:37:16) Lightning round
—
Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.
—
Lenny may be an investor in the companies discussed.
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit
www.lennysnewsletter.com/subscribe