Business Wars

David Brown on The Art of Business Wars | 7

Apr 13, 2021
Join Rufus Griscom, host of The Next Big Idea podcast, as he dives into the creation of 'The Art of Business Wars,' a book that brings together thrilling tales of competition. He and David Brown explore the essence of a great business rivalry, tackling the dramatic clash between Gibson and Fender in the electric guitar arena. They also dissect Apple's strategic evolution under Steve Jobs, highlighting adaptability amid crises. With a sprinkle of humor, they discuss turning challenges into growth opportunities, making it a must-listen for any business enthusiast!
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ADVICE

Learning from Business Stories

  • Draw lessons from business stories to improve your own practices.
  • Focus on the human aspect and relatable narratives for deeper learning.
ANECDOTE

Ford's Strategic Supply Chain

  • Henry Ford secured his business by strategically controlling the supply chain.
  • He created an engine company to gain capital and buy out investors.
ANECDOTE

Fender's Timely Innovation

  • Fender's success with the Telecaster demonstrates that innovation timing is key.
  • Leo Fender capitalized on Les Paul's rejected "Log" guitar idea when Gibson hesitated.
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