#29 The HP Way: How Bill Hewlett and I Built Our Company

What I learned from reading The HP Way: How Bill Hewlett and I Built Our Company by David Packard.

[0:01] How Steve Jobs was inspired by David Packard

[1:00] Books are the original hyperlinks

[4:30] Profit is the measure of how well we work together

[9:00] HP's first product

[11:00] Podcasts before podcasts

[14:00] Many of the things I learned in this process were invaluable, and not available in business schools

[15:00] More businesses die from indigestion than starvation

[16:30] The importance of maintaining a narrow focus

[20:00] Growth from profit

[21:00] Lessons from the Great Depression = No long term debt

[26:30] A Maverick's persistence

[29:00] How to avoid layoffs in a recession

[30:20] Employees should outgrow you

[31:00] The perils of centralization

[35:00] Closing with optimism

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