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Simplify
Book

Simplify

How the Best Businesses in the World Succeed

Entrepreneur Press, 2016 更多详情


Editorial Rating

7

Qualities

  • Analytical
  • Innovative
  • Well Structured

Recommendation

Google dominates search, Amazon commands online retail, Ikea rules the furniture business, Apple and Samsung control the smartphone industry, Southwest Airlines outearns all other airlines and a few chains dominate the fast food industry. These companies became powerful in large part by doing less – that is, by simplifying. Though a bit repetitive, investors Richard Koch and Greg Lockwood tell you how to simplify your firm or protect it from rival simplifiers. getAbstract recommends their manual to the rare firm that can lead in “price simplification” or “proposition simplification” and to the majority of companies who must compete with their category’s giants.

Take-Aways

  • Success comes in many forms, but only “simplification” leads to domination.
  • “Price-simplify” your company by reducing its features and cutting complexity so you can reduce costs and prices by half or more.
  • Successful price simplification can lead to decades of mass-market dominance.

About the Authors

Richard Koch and Greg Lockwood invest in star firms. Koch wrote the best-selling The 80/20 Principle and 20 other books and co-founded LEK Consulting. Lockwood founded the London-based venture capital firm Piton Consulting and co-wrote Superconnect with Koch.


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