Brief Summary
In September 2014, Chinese e-commerce giant Alibaba raised $25 billion in the world’s biggest-ever initial public offering. Since then, millions of investors and managers worldwide have pondered a fundamental question: What’s really going on with the new wave of China’s disruptors? Alibaba wasn’t an outlier—it’s one of a rising tide of thriving Chinese companies, mostly but not exclusively in the technology sector. Overnight, its founder, Jack Ma, appeared on the same magazine covers as American entrepreneurial icons like Mark Zuckerberg. Ma was quickly followed by the founders of other previously little-known companies, such as Baidu, Tencent, and Xiaomi.
Over the past two decades, an unprecedented burst of entrepreneurialism has transformed China’s economy from a closed, impoverished, state-run system into a major power in global business. As products in China become more and more sophisticated, and as its companies embrace domestically developed technology, we will increasingly see Chinese goods setting global standards. Meanwhile, companies in the rest of the world wonder how they can access the fast-rising incomes of China’s 1.3 billion consumers. Now Edward Tse, a leading global strategy consultant, reveals how China got to this point, and what the country’s rise means for the United States and the rest of the world. Tse has spent more than twenty years working with senior Chinese executives, learning firsthand how China’s most powerful companies operate. He’s an expert on how private firms are thriving in what is still, officially, a communist country.
His book draws on exclusive interviews and case studies to explore questions such as *What drives China’s entrepreneurs? Personal fame and fortune—or a quest for national pride and communal achievement? *How do these companies grow so quickly? In 2005, Lenovo sold just one category of products (personal computers) in one market, China. Today, not only is it the world’s largest PC seller; it is also the world’s third-largest smartphone seller. *How does Chinese culture shape the strategies and tactics of these business leaders? Can outsiders copy what the Chinese are doing? *Can capitalists really thrive within a communist system? How does Tencent’s Pony Ma serve as a member of China’s parliament while running a company that dominates online games and messaging? *What impact will China have on the rest of the world as its private companies enter new markets, acquire foreign businesses, and threaten established firms in countless industries? As Tse concludes: "I believe that as a consequence of the opening driven by China’s entrepreneurs, the push to invest in science, research, and development, and the new freedoms that people are enjoying across the country, China has embarked on a renaissance that could rival its greatest era in history—the Tang dynasty. These entrepreneurs are the front line in China’s intense hunger for success. They will have an even more remarkable impact on the global economy in the future, through the rest of this decade and beyond.”"
ISBN:9781591847540
Author:Edward Tse
Erick Ochieng –
In The 48 Laws of Power, Robert Greene distills 3,000 years of history into 48 laws to help us understand how we can masterfully acquire power and avoid being manipulated or crushed by others.
Chief, the NuriaStore bookseller –
I judge how much I enjoy a book based on how well it does one or more the following:
1. Gives me new and interesting ways of looking at the world.
2. Gives me new and interesting ways of looking at myself and others.
3. Challenges my values is some way.
This book satisfies all three of my criteria. It satisfies the 2nd more than any book I’ve ever read. Robert really gets under your skin with this one.
This is by no means a perfect book. I found the book a little repetitive/stale at some points. Robert also seems to contradict himself at many points.
Despite all this, I believe this is a phenomenal book. One of the best things I’ve read this year.
Below is a short breakdown of each chapter.
1. The Law of Irrationality. This chapter is essentially about how our irrational tendencies can negatively influence our lives. The first thing we have to all realize is how irrational we are. Only in awareness can we actually start to change. Robert gives some insightful advice about how we can work towards taming our emotional self.
2. The Law of Narcissism. A huge theme of this chapter is empathy. Robert starts by first pointing out that Narcissism should be looked at as a spectrum that we all are on. One end being what he called ‘Deep Narcissists’ (The type of narcissist we all know and love lol) and the other end being the selfless individual. He also goes into quite a bit of detail on how people end up as ‘Deep Narcissists’, which I found really fascinating. He then goes on to give advice on how we can transform self-absorption into empathy.
3. The Law of Role-Playing. This chapter is really about embracing the theatrical nature of reality and seeing through the masks that people present to the world. Robert gives some interesting advice on how we can use people’s non-verbal cues to not only gain an understanding of their self-opinion but also see through the masks they present.
4. The Law of Compulsive Behaviour. This one is about assessing the strength of people’s character. Definitely one of my favourite chapters in the book because of how well Robert articulated a few ideas I’ve been playing around with. It sort of builds off of the knowledge Robert drops on us in the previous chapter. He goes over how poorly equipped we are to gauge the character of the people we deal with because of how mesmerizing the public image they present can be. He goes over how little we know about how our minds work. Nobody likes to believe that they are operating under some kind of compulsion beyond their conscious control (FREE WILL IS AN ILLUSION). Quite a disturbing thought to entertain for some. In our conscious day to day life, we are sleepwalking, unaware of what we really are; we present a front of reasonableness to the world and we mistake this mask for reality. We constantly delude ourselves into thinking the story we tell ourselves of who we are is the reality. As Yuval Noah Harari puts it, “Life is not a story.”.
5. The Law of Covetousness. This chapter is essentially about how you can ‘weaponize’ absence. Robert lays out a framework for how we can exploit what he calls the ‘grass-is-always-greener’ syndrome (Human tendency to romanticize what we don’t have). I honestly think this chapter could have been bundled with one of the other laws. It is extremely insightful, but I don’t think it’s strong enough to stand on its own.
6. The Law of Shortsightedness. This chapter is simply about elevating your perspective. We constantly lose ourselves in trivial pursuits and petty everyday dramas that drain us. We humans are essentially wired for short-term thinking. We are wired to respond to what is immediate and seek instant gratification. Our brains never evolved to examine the big picture. I love how the talks about how the abundance of information these days has lead to an increase in nonconsequential thinking because the speed and ease of access of this information give people the illusion that they are informed and have thought deeply about things. Robert lays out a very interesting way of relating to people and events in the world that he calls a ‘farsighted perspective’.
7. The Law of Defensiveness. This is my favourite chapter in the book. This chapter revolves around assessing people’s self-opinion. People go through life with an opinion of themselves and their abilities. When this opinion is challenged in any way, people get defensive. Robert lays out 3 universal aspects that apply to almost everyone’s self-opinion. He then gives advice on how to influence others by working with their self-opinion. “If you wish to win a man’s heart, allow him to confute you” – Benjamin Disraeli.
8. The Law of Self Sabotage. This chapter is about the power of your attitude and how much influence it has on your circumstances. Robert encourages us to let go of narrow attitudes and have more expansive childlike attitudes. Our attitudes tend to have a self-fulfilling component to them, so making sure you’re attitude isn’t self-sabotaging should be a priority.
9. The Law of Repression. This chapter is basically about the Jungian concept of the shadow. Robert offers a few tips on how to creatively channel our shadow. Not much else to say about it really. If you’re familiar with the shadow concept, this chapter presents nothing new aside from advice on how to integrate your shadow in your everyday life.
10. The Law of Envy. This chapter was another gem. Of all human emotions, none is tricker and more elusive than envy. To conceal envy from ourselves and others, we convert the objects of our envy into unsympathetic characters to justify hostility towards them. Alot of what he covers in this chapter builds off on the knowledge he drops in the previous one. Robert offers some ways we can detect envy in not only others but ourselves as well.
11. The Law of Grandiosity. A very insightful chapter this was. It’s essentially about knowing the limits of your abilities. Robert offers some compelling arguments for why he thinks grandiosity is at an all-time high. He also offers some advice on how we can go through life without sliding into what he calls ‘Fantastical grandiosity’, which is when we imagine we are greater and more superior that is actually the case.
12. The Law of Gender Rigidity. This chapter is about the Jungian concept of ‘Anima’ and ‘Animus’. Just like the chapter on the shadow, this chapter presents nothing new aside from some actionable advice on how we can channel our anima/animus for creative power.
13. The Law of Aimlessness. This chapter talks about how a majority of people go through life with no sense of purpose. This is a special one. Don’t want to say much about it (READ THE DAMN BOOK LOL).
14. The Law of Conformity. This chapter is about how much influence the group has over an individual. Robert talks about a ‘social force’ that affects and binds groups together through shared sensations and creates intense feelings of connection and belonging. He then goes on to talk about the effects groups have on individuals and the dynamics that are present in almost every group.
15. The Law of Fickleness. This chapter could have been bundled with either the ‘Law of Conformity’ or the ‘Law of Grandiosity’. It’s essentially about the ambivalence of human emotions towards our leaders. A big theme throughout this chapter is the concept of authority, how it manifests itself, and how we can become consummate observers of authority.
16. The Law of Aggression. This chapter is essentially about productively channelling the aggression that we all possess. He talks about how our tendency to look down on aggression and strong desires for power can have a detrimental effect on the way we channel our own aggression energy.
17. The Law of Generational Myopia. This chapter talks about generations and how the relationships among all the generations alive at a particular moment in history create the zeitgeist. One of the most insightful things.
18. The Law of Death Denial. This chapter (shortest in the book) is about a lack of meditation on our own mortality has a detrimental effect on our relationship with time and others.