167 TIP. How The Mighty Fall By Jim Collins

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In today’s show, Preston and Stig cover a book recommended by Amazon’s Jeff Bezos, titled, How the Mighty Fall. The book’s author, Jim Collins, is a New York Times Best Selling Author and a professor at Standford University. The book talks about the various phases a business goes through when declining in the market place. More importantly, the book address what needs to be done to self-correct the problems that are causing the issues.

IN THIS EPISODE, YOU’LL LEARN:
– The 5 distinctive stages of decline
– Which 3 key ratios can predict if a company will fall
– How and why a company can pull itself out of a decline
– Why a successful management should feel lucky rather than successful
– Ask the investors: Can Bitcoin benefit from the increasing pressure on the US Dollar?

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