5 Lessons Billionaire Dropbox founder Drew Houston can teach us all






Access full interview here


Source: Google Images



Ferris expertly teases out Houston's philosophy of business, shedding a bright light on his success.

Lesson 1: Read

Houston is an avid reader and his reading list is useful for those who are interested in management, entrepreneurship, negotiation and innovation. The full list will be included below.                                


Source: Dropbox Instagram

Lesson 2: Create an OPP folder in email 

Houston calls this 'Other Peoples Priorities. His reasoning is that OPP's start becoming your own, therefore this folder helps you distinctively separate the two.


Lesson 3: Focus

Houston admits this advice came from watching a Netflix documentary on billionaire investor Warren Buffet who claims that focus is the largest contributor to his success. The logic is that by focusing on only one thing at a time you can be more thoughtful and thus effective.


Lesson 4: Do your homework

In the past Houston would respond to emails from various people seeking answers to simple business questions, only to find out that two months later these people had dropped their projects. Now he strongly advocates that if people want answers, they're just going to have to do their homework.
Source: Dropbox Instagram

Lesson 5 : Time Audit

Are you really making the most of your time?  Houston realised that he mistook being busy for being productive. An important lesson we can all learn from.







For those interested in more information about Houston, Dropbox and the books he recommended in this podcast I will add them into the comments section below.
Source: Dropbox Instagram
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Comments


  1. Some Books mentioned:

    1. Emotional Intelligence: Why it can matter more than IQ by Daniel Goleman
    https://www.amazon.co.uk/Emotional-Intelligence-Matter-More-Than-ebook/dp/B002ROKQNS/ref=sr_1_1?ie=UTF8&qid=1538666264&sr=8-1&keywords=Emotional+Intelligence%3A+Why+it+can+matter+more+than+IQ+by+Daniel+Goleman

    2. The Effective executive by Peter F. Drucker
    https://www.amazon.co.uk/Effective-Executive-Harvard-Business-Classics-ebook/dp/B01LBRS42Q/ref=sr_1_2?s=digital-text&ie=UTF8&qid=1538666307&sr=1-2&keywords=The+Effective+executive+by+Peter+F.+Drucker

    3. The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail (Management of Innovation and Change)
    https://www.amazon.co.uk/Innovators-Dilemma-Technologies-Management-Innovation-ebook/dp/B012BLTM6I/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1538666342&sr=1-1&keywords=The+Innovator%27s+Dilemma%3A+When+New+Technologies+Cause+Great+Firms+to+Fail+%28Management+of+Innovation+and+Change%29



    Warren Buffet Focus Video
    https://www.youtube.com/watch?v=gkhtYs22bLI



    Time Audit Template
    https://blog.rescuetime.com/wp-content/uploads/2018/03/Time-Audit-Template.pdf



    More info on Houston, Dropbox and Y-Combinator


    http://uk.businessinsider.com/how-drew-houston-created-dropbox-2018-1

    https://www.forbes.com/profile/drew-houston/#a721bb213ea9

    https://www.ft.com/content/fc283fac-25e4-11e8-b27e-cc62a39d57a0

    http://www.ycombinator.com

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