284: Lessons from the Tech Titans that Small Business Leaders Can Steal, Adopt, and Use to their Advantage with Alex Kantrowitz

Alex Kantrowitz and Bill Ringle discuss the secrets of how the culture of Amazon and Facebook spur innovation and AI to free up human creativity and can be adopted by small business leaders. *20201109*

Alex Kantrowitz, author of Always Day One: How the Tech Titans Plan to Stay on Top Forever

>>> Visit MyQuestforTheBest.com  for complete show notes and more expert advice and inspiring stories to propel your small business growth.

Top 3 Take-Aways from this Interview

  • If we split work up into two categories, the idea work, and the execution work, we spent too much time working on execution on actually like supporting our preexisting products and not enough energy on dreaming up new things and bringing them to life.
  • Optimizing process and finding ways where can bring in technology to help you cut down on execution work is really a big deal.
  • If a company does execution right and then finds a way to make use of the ideas, that’s when they can find themselves going ahead of the market instead of playing from behind.

Tweet-Ready Insights from this Episode

Everybody in the company should be approaching their work as if it’s the company’s first day. #MQ4B Ep284 with Alex Kantrowitz (@Kantrowitz), author of Always Day One: How the Tech Titans Plan to Stay on Top Forever Click To Tweet Leaders should impress upon their employees that they need to be constantly reinventing. #MQ4B Ep284 with Alex Kantrowitz (@Kantrowitz), author of Always Day One: How the Tech Titans Plan to Stay on Top Forever Click To Tweet Why we spend so much time on execution work is because we’re bad at it. #MQ4B Ep284 with Alex Kantrowitz (@Kantrowitz), author of Always Day One: How the Tech Titans Plan to Stay on Top Forever Click To Tweet Think about how it’s always day one and how you should be reinventing. #MQ4B Ep284 with Alex Kantrowitz (@Kantrowitz), author of Always Day One: How the Tech Titans Plan to Stay on Top Forever Click To Tweet A company should use machine learning to help cut down some of its core work and its core businesses to let people come up with new ideas. #MQ4B Ep284 with Alex Kantrowitz (@Kantrowitz), author of Always Day One Click To Tweet If you build a system that helps take their ingenuity and turn it into what your company does next, you’re going to be ahead of the curve. #MQ4B Ep284 with Alex Kantrowitz (@Kantrowitz), author of Always Day One Click To Tweet The Day One mindset is to create a culture of building, creating, and inventing. #MQ4B Ep284 with Alex Kantrowitz (@Kantrowitz), author of Always Day One: How the Tech Titans Plan to Stay on Top Forever Click To Tweet Leaders are going to need to evolve from being dogmatic decision-makers into highly collaborative facilitators. #MQ4B Ep284 with Alex Kantrowitz (@Kantrowitz), author of Always Day One: How the Tech Titans Plan to Stay on Top Forever Click To Tweet The key to the Day One mindset is to harness the brainpower and the very best ideas of all your people, not just those at the top. #MQ4B Ep284 with Alex Kantrowitz (@Kantrowitz), author of Always Day One Click To Tweet Leaders as facilitators – that's got to be a good thing. #MQ4B Ep284 with Alex Kantrowitz (@Kantrowitz), author of Always Day One: How the Tech Titans Plan to Stay on Top Forever Click To Tweet In order to reinvent, leaders need to harness the ingenuity of their employees and to do that. #MQ4B Ep284 with Alex Kantrowitz (@Kantrowitz), author of Always Day One: How the Tech Titans Plan to Stay on Top Forever Click To Tweet

Interview Insights

Read the Show Notes from this Episode

  • Stephen Kinzer inspired Alex. [1:26]
  • Never be shy about asking, allowing someone to do you a favor can be a great gift. [3:35].
  • Examples of how tech companies reinvent themselves. [7:15] 
  • The innovation cycle and the mindset of big tech companies like Amazon. [8:35]
  • Big tech company employees welcome change, reinvention, and transformation. [12:20]
  • Having an engineer’s mindset is important to a company’s success. [13:30]
  • Divide work into two buckets: execution work and idea work. It’s what the tech giants are very good at doing. [15:59]
  • How tech giants build stuff that people need and tend to love. [22:25]
  • The flip side of how Amazon benefits disproportionately from making these technologies available and gathering data from people. [23:16]
  • My Quest for the Best Lightning Round begins [27:24]

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Expert Bio

Alex Kantrowitz is the founder of Big Technology, a newsletter, and podcast about Amazon, Apple, Facebook, Google, and Microsoft. His first book ALWAYS DAY ONE: How The Tech Titans Plan To Stay On Top Forever debuted in April 2020. His work has been referenced by dozens of major publications, from The New Yorker to The Wall Street Journal to Sports Illustrated. Kantrowitz is a graduate of Cornell University‘s School of Industrial and Labor Relations.

Contact Info for Alex Kantrowitz

Web address: https://alexkantrowitz.com/

Travels from: San Francisco, CA

Social Media Links

Books Authored by Alex



Resources Mentioned During the Interview

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