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The Dumbest Guy at the Table

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( 17 ratings, 2 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
The Dumbest Guy at the Table by David Shein offers insights into building a successful business by leveraging humility and learning. Drawing from Shein's experiences, the book emphasizes the importance of surrounding oneself with talented individuals and being open to continuous learning in the entrepreneurial journey.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might like this book if you enjoy insightful stories and practical advice from an experienced entrepreneur. It's especially appealing if you appreciate learning about leadership, overcoming challenges, and the entrepreneurial journey from someone who's been in the trenches.

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Lessons learned building Australia's first unicorn. Fully updated edition.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Twenty-one years after selling the company that I founded, Com Tech Communications, for an enterprise value of over $1 billion—arguably Australia's first tech unicorn—I decided to write a book. Drawing on over three decades of experience—gee I'm getting old—and sharing some lessons that I hope will provide valuable advice to anyone looking to start a company or manage a good business.

Since 1987 I have hired hundreds of outstanding people, knowing that if I paid well, listened to their valuable ideas and ensured that they loved coming to work every day, I could still be part of something great ... even if I am the dumbest guy at the table. These principles have formed the basis of my management style for over 30 years.

So much has changed from a technology perspective—yet, in some ways, nothing has changed. Products come and go, but you will always have customers, staff, and business partners. How you treat these three constituents will be the difference between building a good company, a great company, an irrelevant company, or one that simply disappears.

As a businessman, David Shein has lived up to his ideals. Don't be fooled by the title of the book; this guy really knows his shit. - Ian Chappell

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

The Dumbest Guy at the Table by David Shein is praised for its insightful, practical advice for entrepreneurs and business leaders. Readers appreciate its engaging storytelling and real-life examples, making complex business concepts accessible and relatable. The book is considered a valuable resource for those looking to navigate the challenges of starting and scaling a business.

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Book Details

INFORMATION

ISBN: 9781760688370

Publisher: Allen & Unwin

Format: Paperback / softback

Date Published: 29 August 2023

Country: Australia

Imprint: Echo Publishing

Audience: General / adult

DIMENSIONS

Width: 128.0mm

Height: 198.0mm

Weight: 260g

Pages: 240

About the Author

In June 1987, David, having recently migrated from South Africa, founded Com Tech Communications as a specialist supplier of networking and communications products. Fourteen years later, he sold the business to Dimension Data at an enterprise value of over $1 billion. At the time of sale, Com Tech employed over 1400 people, with offices Australia-wide and revenues of $700 million. If this weren't remarkable enough, the business was profitable from inception, never used any external debt, and was regularly voted as one of the leading companies to work for in Australia.
Since then, David has been actively involved in mentoring young management teams and investing in a number of startups, many of which have been successfully exited. He serves as an investor and board member for some innovative Australian startups, including cyber security company Kasada; Advanced Navigation, a leader in positioning solutions from the seabed to a satellite; and Simpology, a fintech company providing disruptive home-loan origination software. David is also co-founder of Our Innovation Fund (OIF), an early-stage venture capital fund that invests in interesting Australian startups, as well as a founding partner in the Israeli venture capital enterprise OurCrowd, the first global equity-based crowd-funding platform.



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