The Invisible Billionaire: Daniel Ludwig

隐形的亿万富翁:丹尼尔·路德维希

Founders

商务

2025-03-23

50 分钟
PDF

单集简介 ...

Daniel Ludwig was the richest man in the world and no one knew his name. I've read almost 400 biographies of history's greatest founders and this book is one of my all time favorites. Daniel Ludwig started his company at 19 and was working on it well into his 90s. He built a massive conglomerate of over 200 companies operating in more than 50 countries. Spending the time to learn how he did this is a great investment. This episode will tell you what I learned from rereading The Invisible Billionaire: Daniel Ludwig by Jerry Shields.
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单集文稿 ...

  • I read two books this week, one I hated and one I loved, and neither would make a good episode.

  • So I wanted to republish one of my favorite episodes on one of my favorite books and one of my favorite founders,

  • which is Daniel Ludwig,

  • who at the one time was the richest person in the world and no one even knew his name.

  • He started his company when he was 19, and he worked well into his 90s.

  • And Ludwig built this massive conglomerate of 200 companies in 50 different countries.

  • So he had this obsessive focus on efficiency and cost control.

  • He was notorious for eliminating any expense that didn't directly contribute to his profits.

  • And that's how you know that if he was alive today, he'd be running his business on Ramp.

  • Let me give you one example.

  • He designed his ships with thinner decks than the industry standard so he could reduce weight and fuel costs.

  • And then he famously snapped when someone asked why he didn't put grand pianos on his ships like his Greek competitors.

  • He said, you can't carry oil in a grand piano.

  • So one thing is very, very clear from studying hundreds of history's greatest entrepreneurs.

  • Anyone who's committed to being great at building their business is obsessed with watching their costs and building an efficient company.

  • They did that because they understood that by doing so gives you a massive competitive advantage.

  • And Ramp helps you do so.

  • So using Ramp becomes a competitive advantage.

  • Ramp gives you easy to use corporate cards for your entire team,

  • automated expense reporting and cost control, all on a single platform.