The Innovator's Dilemma

Book Summary: The Innovator's Dilemma (when new technologies cause great firms to fail) by Clayton Christensen

At some point, the incumbent’s product’s performance exceeds the demand of most customers. Then the “edge” that these performance metrics provided is lost, and the customers’ value proposition changes. They start valuing some other metrics, along which a disruptor’s product has better performance. The disruptor has an early mover’s advantage as well as leading to the demise of the incumbent.

Book Summary: The Education of Millionaires by Michael Ellsberg

The book emphasizes heavily life education, glorifies college dropouts, and questions college education except for specialized fields like law and medicine.