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 |
ReplyDeleteSome 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