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by Robin Sharma
Putting the Power of Disruptive Innovation to Work
Disrupt Yourself by Whitney Johnson is a self-help book that encourages readers to step out of their comfort zone and embrace change. Johnson offers actionable advice for achieving personal and professional growth through disruption and innovation.
Have you ever considered skydiving? Maybe you watched a video on YouTube and thought it looked like fun. But before you make that jump, it’s important to do your research and ensure you know what kind of risks you’re taking. This same philosophy applies to jumping into the world of business as well.
If you’re preparing to take a risky business move, it’s important to distinguish between competitive risk and market risk.
So what makes something a competitive risk? Well, let’s say you have an idea for a great product and it has tested well in a variety of studies and appears to have the potential for huge success. But, at the same time, you’re pretty sure that similar products are being developed by other companies that are aware of the demand.
By going ahead in this scenario you’re taking what’s known as a competitive risk, since you’ll be competing against others.
A market risk, on the other hand, is when you have a unique idea for a new product or service but are uncertain about its chances of success.
In this scenario you have no idea whether your company will generate revenue, but you are certain that your unusual idea will give you a head start on the competition.
While a competitive risk is seen as the safer route, since there’s a known demand for the product, the market risk is usually the best option if you’re looking to disrupt yourself.
In fact, studies show that start-up companies fare better when they take a market risk.
In 1995, Harvard Business School professor Clayton Christensen conducted a landmark study on the computer industry. He determined that two kinds of disc drive companies had emerged between 1976 and 1993, and they’d either taken a market risk or a competitive risk.
Of these companies, it turned out that only six percent of competitive risk companies had reached $100 million in revenue, while 37 percent of the market risk companies had soared past the $100 million mark.
Disrupt Yourself (2015) is about embarking on the journey of constant discovery that is your career. By following your interests, discovering your unique talents, taking the right risks and being prepared to learn, you will find yourself constantly stimulated and satisfied by your work.
Disrupt Yourself (2015) is a game-changing book that empowers readers to embrace the power of personal disruption for success in their careers and lives. Here's why this book is worth reading:
Be a Columbus to whole new worlds within you, opening new channels, not of trade, but of thoughts. - Henry David Thoreau
It's highly addictive to get core insights on personally relevant topics without repetition or triviality. Added to that the apps ability to suggest kindred interests opens up a foundation of knowledge.
Great app. Good selection of book summaries you can read or listen to while commuting. Instead of scrolling through your social media news feed, this is a much better way to spend your spare time in my opinion.
Life changing. The concept of being able to grasp a book's main point in such a short time truly opens multiple opportunities to grow every area of your life at a faster rate.
Great app. Addicting. Perfect for wait times, morning coffee, evening before bed. Extremely well written, thorough, easy to use.
Try Blinkist to get the key ideas from 7,500+ bestselling nonfiction titles and podcasts. Listen or read in just 15 minutes.
Start your free trialBlink 3 of 8 - The 5 AM Club
by Robin Sharma
What is the main message of Disrupt Yourself?
The main message of Disrupt Yourself is to embrace change and take proactive steps to drive personal and professional growth.
How long does it take to read Disrupt Yourself?
The reading time for Disrupt Yourself varies depending on the reader's speed, but typically takes several hours. The Blinkist summary can be read in just 15 minutes.
Is Disrupt Yourself a good book? Is it worth reading?
Disrupt Yourself is worth reading for anyone looking to navigate the complexities of modern career paths. It provides valuable insights to help you adapt and thrive.
Who is the author of Disrupt Yourself?
The author of Disrupt Yourself is Whitney Johnson.