01 A short shelf
Someone counted, and nine books came out close. The count only falls from 14 to 8. Dalio and Horowitz share the top. Ferriss sits two back. Frankl and Thiel share 10. A book from the camps, level with a book about startups. That is the shelf worth keeping.
An equals sign means the count matches, so the next place skips. A tie is a shared count. It is a shared place, not a verdict that the books are the same.
| Rank | Book | Count |
|---|---|---|
| 1= | Principles, Ray Dalio | 14 |
| 1= | The Hard Thing About Hard Things, Ben Horowitz | 14 |
| 3 | The 4-Hour Workweek, Tim Ferriss | 12 |
| 4= | Man's Search for Meaning, Viktor Frankl | 10 |
| 4= | Zero to One, Peter Thiel | 10 |
| 6= | Thinking, Fast and Slow, Daniel Kahneman | 9 |
| 6= | The Lean Startup, Eric Ries | 9 |
| 8= | Shoe Dog, Phil Knight | 8 |
| 8= | High Output Management, Andrew Grove | 8 |
02 Two ways to run the hour
Principles is the long book. Dalio spent about forty years turning life, management, economics, and investing into rules. He argues you can understand them like machines. He founded Bridgewater in 1975, out of a two bedroom apartment in New York. The culture on the publisher page is an idea meritocracy, aimed at meaningful work and meaningful relationships, held up by radical truth and radical transparency. The tools are employee baseball cards, strengths and weaknesses on one card, and a system that weights a decision by who has been right. A New York Times line printed on that page says that under the clinical surface he is arguing for humility and pointed criticism. The card is that criticism after it has been made into a form you can use.
The Hard Thing About Hard Things is the other 14, and it is the field manual. The subtitle is the promise. Building a business when there are no easy answers. Horowitz writes for the hour when every option is ugly. Firing a loyal friend. Knowing when to sell the company. What the page calls wartime leadership, drawn from the crash and the years after. He likes rap lyrics in the lessons. The style runs from Bill Campbell to Nas, candid and profane, and he names the CEO psychological meltdown in the open. The page singles out his advice on controlling your own psychology as a founder. Business school does not cover this hour. The manual does.
You can trust the field manual more than the machine when the decision is ugly.
592 pages of rules, and 304 pages on the hour with no good option. The count is 14 either way. A baseball card and a firing are the same number here.
03 The exit, two back
Ferriss is not a softer copy of either book. The subtitle already says Escape. Leave the job, live anywhere, and join what he calls the new rich. Forget retirement and the rest of the deferred life. Live more and work less. What is being sold is a way out of the job, not the building of a firm.
Horowitz, up at 14, includes another exit. Knowing when to cash in. The sale of the company you built. Those are not the same door. One leaves the job. One sells the thing.
04 The tie worth keeping
Then the count goes to 10, and one of the books is not a business book.
Man's Search for Meaning has been giving people a way to stand up since 1946. Frankl wrote out of the camps. The theory had started in Vienna before the arrest, and he used it there. The book moves from the camp to logotherapy, a therapy built on meaning. The primary drive, he argues, is not pleasure. It is the pursuit of what a person finds meaningful. Life holds meaning when the circumstances are cruel. When everything else is taken, the last human freedom is the attitude you choose. Meaning comes from what life expects of you, not from what you expect of life. Freedom goes bad unless you live it as responsibility. He proposed a Statue of Responsibility on the West Coast. That statue belongs on this shelf.
Zero to One is the other half of the tie, and it is short. Peter Thiel with Blake Masters, notes on how to build the future. Doing what someone already knows how to do takes the world from 1 to n. Doing something new goes from 0 to 1. The winners, the page says, escape competition because the business is unique. He thinks the age is stagnant even when a phone makes it look busy, and that progress starts when you think for yourself. He favors monopoly, because perfect competition competes the profit away. He wants a jump, not a small step. PayPal and Facebook are the examples. Masters was his student. He is not a separate name on the shelf.
Frankl binds freedom to responsibility. Thiel wants an escape from competition. Ferriss, at 12, already has Escape in the subtitle. The list did not arrange that for you. Reading the claims side by side produces it. Dalio's meaningful work and meaningful relationships is the aim of an idea meritocracy. It is a business use of a word Frankl uses for something else. Keep them apart. The shelf gets more interesting that way.
05 The fast read, and the plan
At 9, Thinking, Fast and Slow ties with The Lean Startup. One is a case against the fast read. The other refuses to trust the plan.
Kahneman describes two systems. System 1 is fast, intuitive, and emotional. System 2 is slower, more deliberative, and more logical. The fast one does not switch off. The slow one often accepts what the fast one hands over. If you identify yourself with the slow system, you have picked the wrong self. The fast system assumes that what you see is all there is. It is poor at the statistical thinking a good decision often needs. Kirkus says he treats intuitions as generally wrong. He won the Nobel in economics in 2002. The book is dedicated to Amos Tversky, who died in 1996.
Horowitz treats a founder's psychology as part of the job. Kahneman is writing about judgment in general, the kind you use before you ever start a firm. If intuitions are generally wrong, the baseball cards become a live tool. They can catch the fast error. They can also write the impression down and call the writing a procedure. You want the catch. Watch the procedure.
The Lean Startup is the other 9. Ries defines a startup as a human institution designed to create something new under extreme uncertainty. Too many of them polish a product for months, never show a customer, and then meet indifference. The issue is whether it should be built, and whether a business can live around it. Entrepreneurship, on that page, is a kind of management, and the learning has to come from an experiment. Build, measure, learn. A small first version. Then pivot, or stay the course. A pivot, in his gloss, is a change of course with one foot still on the ground.
A pivot is not Horowitz's hour. A pivot is the turn you still have when you have been building the wrong thing. The hour with no good option is a different hour. Ries will not walk you through the meltdown. He will stop you from trusting the plan. You will meet both hours. Name them, and you can tell them apart.
06 Still on the shelf at eight
Shoe Dog, tied at 8, is Knight's memoir. At twenty four he set out to make something of his own. He borrowed a small sum from his father, brought running shoes in from Japan, and sold them from the trunk of a Plymouth Valiant. Bowerman, his old track coach, is in the story, and so is a ragged first crew. Gates calls the path messy, perilous, and chaotic, full of mistakes and sacrifice. Stanford presents the company as a gold standard startup story. Keep the Valiant. That is the part you can use.
High Output Management is the other 8. Grove takes a mess like Knight's and tries to run it as a line. He starts with breakfast. A three minute egg, toast, and coffee, and all of it has to arrive together. If almost all visa applications will be approved, a spot check can clear a backlog. Batch the similar work. Prefer a meeting you scheduled over a meeting called because someone is anxious. Split the person who knows from the person who holds the chair. The breakfast factory sits beside Intel. Campbell later called the book a bible every manager should read. It is aimed at sales managers, accountants, consultants, and teachers, not only at people who founded the firm.
At the cut, building is still the subject. The shoes in the Valiant. The egg that has to meet the toast. The hour with no good option is still up at 14. The customer who never saw the product is still in Ries. Grove hands you the line that keeps the rest of the shelf usable. On this shelf, lower means 8.
07 Keep the odd tie
The shelf ends with Grove. Frankl is still tied with Thiel. One of them asks what life expects of you. The other asks you to leave competition behind and build something that did not exist. The count that put them together never said what a person was. That tie is the reason to read the shelf twice.
08 Sources
The shelf follows these pages. A line on a publisher page is a selling line. Kirkus and the Guardian review are named when the line is theirs.
- Simon & Schuster, Principles
- HarperCollins New Zealand, The Hard Thing About Hard Things
- Open Library, one 2014 edition
- Penguin Random House, The 4-Hour Workweek
- Library of Congress, first edition
- Beacon Press, Man's Search for Meaning
- Beacon Press, teacher's guide
- Penguin Random House, Zero to One
- Kirkus, Zero to One
- The Lean Startup, book page
- The Lean Startup, principles
- The Lean Startup
- Internet Archive, 2011 Crown Business edition
- Macmillan, Thinking, Fast and Slow
- Macmillan, Thinking, Fast and Slow, another edition
- Chicago Public Library record
- The Guardian, December 2011
- Kirkus, Thinking, Fast and Slow
- Stanford, Shoe Dog
- Simon & Schuster, Shoe Dog
- Penguin Random House, High Output Management
- Kirkus, High Output Management
- Simon & Schuster Canada, Principles