The 80/20 Principle and 92 Other Powerful Laws of Nature is the second book that I have read from the quill of the author, investor and downright smarty-pants Richard Koch.
His first offering – The 80/20 Principle: The Secret of Achieving More With Less. is one of the most important books that you must read if you are interested in living a Lean Life. I mean, who doesn’t want to unlock the secrets of achieving more with less?
When talking about winners, Koch states in his book: “It means taking a few risks – the risk you should worry most about is the risk of not taking risks.” Fortunately, Koch leads by example with this book. He has taken a risk by creating a piece of work that follows the innovative rules that he teaches you from within.
When I teach people how to live a Lean Life I am taking a business ideology (Lean Principles) and analogizing it and comparing it to the way we can live our lives. Inside this book, Koch takes the laws of nature and draws parallels with the world of business in much the same way.
For example, the first part of the book covers the Theories on Natural Selection by Charles Darwin. Koch digs his fingernails into the skin of Darwin, and drags that knowledge into the world of business. In Darwin’s theories experimentation was vital. Life had to try different things out to get to where we are today. Koch urges us to do the same in business and life; as that experimentation is as crucial to business as it is to life.
After Darwin and the biological laws comes Newton and Einstein with their physical laws, and on and on until he has covered 92 different principles of nature that can be translated into a methodology to improve your business and life.
As I stated earlier, Koch, is a clever man, and at times the mining of some of this information can leave your brain a little weary, but he is acutely aware of this, and each chapter ends with a summary of events, action implications and notes, that encapsulates his thought process into the tongue of the common man.
‘People like to think that businesses are built of numbers (as in ‘bottom line’), or forces (as in ‘market forces’), or things (‘the product’), or even flesh and blood (‘our people’). But this is wrong. Businesses are made of ideas- ideas expressed as words.’ James Champy.
Champy hit’s the nail on the head with perfect precision. Richard Koch is a very successful businessman, and he has taken one hell of an idea and expressed it in a series of words that has resulted in quite a superb little book, and one that I highly recommend.
Do you have a book that you can recommend to the Needy Helper readers?
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