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

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