There's two ideas in this book that are repeated.
Marcus Wallenberg Jr.
Prioritized investing in technology and surrounding yourself with great people.
That is actually something that multiple generations of the Wallenbergs would repeat.
And I've been telling you lately that there's a lot of similarities that I noticed between people like Steve Jobs and Jeff Bezos and Jensen Huang last week.
And now I would add Marcus Wallenberg Jr.
To that list as well.
And it starts with Jeff Bezos's very first shareholder.
Where Jeff Bezos emphasizes the importance of having the very best team.
He wrote, setting the bar high in our approach to hiring has been and will continue to be the single most important element of Amazon success.
You will HEAR Marcus Wallenberg Jr.
Say something very similar to that.
Jeff's focus on talent is very similar to this quote that actually found that Steve Jobs gave in an interview that very same year in 1997.
This is what Steve said.
He says, I think I've consistently figured out who the really smart people are to hang around with.
You must find extraordinary people.
The key observation is that in most things in life, the dynamic range between the average quality and the best quality is at most 2 to 1.
But in the field that I was interested in, I noticed the dynamic range between what the average person could accomplish and what the best person could accomplish was 50 or 100 to 1.
Given that, you are well advised to go after the cream of the cream, you want to build a team that pursues the the A players.
That is exactly what Ramp did.