Founders: #56 The Biography of Herb Kelleher
David Senra 1/22/19 - Episode Page
What I learned from reading Nuts!: Southwest Airlines' Crazy Recipe for Business and Personal Success
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Reality is chaotic; planning is ordered [0:01]
Vince Lombardi is the Steve Jobs of coaches [3:48]
how Southwest Airlines is different [11:31]
the beginning of Southwest [16:00]
fighting anticompetitive practice [24:30]
finding a new market by doing the opposite of your competition [29:00]
missionaries make the best products [31:00]
being forced to innovate leads to questioning assumptions which leads to finding new markets [34:00]
how Southwest became the largest liquor distributor in Texas [38:00]
remember your fundamental reason for being and don't deviate from that [40:45]
optimize for profits, not market share [42:30]
know what you are competing with - not who [44:15]
how having only one type of airplane gives Southwest an advantage [46:30]
how keeping it simple saved Southwest $2 million [51:30]
know what you do best - have the discipline to stick to it [53:00]
if you are going to be small you have to be fast [1:01:19]
the benefits of curiosity are unpredictable [1:03:45]
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