Outliers the story_of_success
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Outliers the story_of_success

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  • Quiz - Rich Intro (MJ) - Rich Ch 1-2 - Blair Ch 3-5 - mikemcc Ch 6-7 - Rich Ch 8-9 - Mhopps Conc (MJ) Q+A - Rich

Outliers the story_of_success Outliers the story_of_success Presentation Transcript

  • Outliers Trivia
    • Did this Outlier attend UM?
  • Larry Page - Google Co-founder/CEO
  • UMICH
  • George Clooney
  • Northern Kentucky University
  • Billy Joy - Co-founder Sun Microsystems
  • UMICH
  • Iggy Pop - Rockstar
  • UMICH
  •  
  • How did Michael Jordan rise to the top?
  • Michael McCarthy, Richard Ozdowy Michael Hopps, Blair Hagerman
  • Intro
      • Major Themes:
        • Why do some people succeed?
        • Why do some live remarkably productive and impactful lives, while so many more never reach their potential?
        • What are common attributes of an “Outlier”?
  • Chpt 1
      • Many overemphasize “personal” qualities instead of focusing on timing
        • Sometimes better to be in the right place at the right time than
      • Canadian Hockey
        • Maturity advantage due to age cutoff
      • “ The Matthew Effect”
        • Compounding effect on success
  •  
  • How do I become successful like these guys?
  • Chpt 2
      • 10,000 hour rule
        • To master a particular skill, it takes approximately 10,000 hours (or about 10 years)
        • Examples: Bill Joy, Bill Gates, The Beatles
      • Nearly all exceedingly successful individuals are the beneficiary of some kind of unusual opportunity
  • Ch 3
    • Einstein and who??
  • Ch 3
      • Lewis Terman - Stanford Psychology Researcher
        • 250,000 elementary students
          • Of those, he followed on the top .1%
          • "Termites"
      • What happened with his experiment?
      • Results weren't at all what he expected
      • Divided adult Termites into 3 subgroups
      • A, B, and C
  • Ch 3
      • Liam Hudson – IQ is like height in NBA, only passing threshold matters
      • University of Michigan study on Umich Law students
      • Convergence vs Divergence test – creativity, being able to think outside the box
      • Pitirim Sorokin Sociologist that critiqued Terman
  • Ch 4
      • Chris Langan vs J. Robert Oppenheimer
        • Difference in upbringing
      • Practical Intelligence
      • Innate knowledge vs. learned knowledge – social savvy
      • Annette Lareau - study of 3rd graders and class differences
    • "One child is better off than another because s/he's wealthier and because s/he goes to a better school, but also because—and perhaps this is even more critical—the sense of entitlement that s/he has been taught is an attitude perfectly suited to succeeding in the modern world."
  • Ch 5
    • Joe Flom - Skadden Arps - NYC Law Firm, another typical rags to riches story?
    • 3 Factors: Race/Ethnicity, Demographic Luck, Parent's Occupation
      • Jewish
      • Looking for work in 50s, 60s when Litigation/"proxy fights" were seen as second class work
      • Parent's were entrepreneurs
    Skadden Arps 2,000 Attorneys Revenue: 2.2 Billion
  • Ch 6
      • Cultures of honor
        • European herdsmen vs. farmers
        • Southern United States
        • Murder rates vs petty crimes
        • Howard-Turner Feud
  • Ch 6
      • Southern man living by gas station
      • "He wouldn't of been much of a man if he hadn't shot them fellows"
  • Ch 6
      • University of Michigan Study
        • Students tested on propensity to anger
        • Insulted the students
        • Students from South more prone to anger
  • Ch 7
      • From 1988 to 1998, the percentage of flights lost by Korean Airlines was seventeen times higher than that of United Airlines
      • Why?
  • Ch 7
      • Black boxes revealed "mitigated speech"
      • Similar crash from Colombia to JFK
        •   Pilot : "Advise him [the air-traffic controller] we don't have fuel"
        • First officer to ATC : "Climb and maintain three thousand and, ah, we're running out of fuel, sir"
      • Some cultures have high deference for authority
      • Korean Air changed language to English
  • Ch 8:  Agriculture: Western vs Eastern
      • "Single village of 15 people can support itself with 450 acres of rice paddy land (pg 232)."
      • Eastern farming attitudes transfer to the classroom...
    Eastern : Rice paddies required intense human labor, 360-day work years, detail-oriented techniques Western : Wheat and corn fields allowed for breaks during cold winter season, mechanically-driven
  • Ch 8:  Learning: Western vs Eastern
      • Western schools took notice, established KIPP public school system in Bronx, embedded hard-working Eastern aptitude
      • "84% excel in math, 90% scholarships rewarded to private high schools, 80% KIPP graduates attend college" (pg. 267)
    Eastern : Hard working aptitude + logical language -> better memorization ->  better math skills -> love to learn -> success Western :  Shorter school days, longer summers,  "a mind must be cultivated, but not too much, lest it be exhausted ." (pg 254)
  • Michael Jordan: A True Outlier
  • Michael Jordan: A True Outlier
      • Born in Brooklyn, New York
      • Moved to Wilmington, North Carolina when toddler
      • Mom worked in banking, father GE plant supervisor
      • Father loved sports and pushed Michael to play
      • Did not make varsity team as high school sophomore due to height
      • To prove worth, practiced 24/7
      • Grew 4" the following summer and became star of varsity
      • Basketball scholarship to UNC Chapel Hill
      • Legendary coach Dean Smith at UNC
    •