russia has launched a full-scale war in Ukraine. Donate to support Ukraine and protect the world’s peace.

library / 
book

Summary of Masters of Scale 

4.5 . 403 reviews

Short summary

Many people fantasize about changing the world with their company concept. However, the capacity to start a firm from the ground up requires more than just passion. This summary will assist in determining the ideal formula for launching a successful firm. In the remarkable experiences of the founders reflected in this summary, you'll identify your own unique entrepreneurial story — your ups and downs, your troubles, and achievements — as well as commonality, camaraderie, and courage. Reid Hoffman played a significant role in establishing several of today's most successful consumer Internet companies, including Facebook and Airbnb. In addition, June Cohen and Deron Triff were members of the TED executive team; they assisted in developing over 100 collaborations that expanded TED's monthly audience to over 100 million people. “All humans are entrepreneurs not because they should start companies but because the will to create is encoded in human DNA, and creation is the essence of entrepreneurship.” ~ Reid Hoffman

Table of content

  • Summary of Masters of Scale
  • About the author
  • What is Masters of Scale about?
  • Who should read Masters of Scale
  • Topics in Masters of Scale
first key point

Companies don’t morph into an international mammoth overnight; it takes a steady grind

Listen the first key point
00:00
00:00
Founders understand what's at stake when starting a new business, especially in these unpredictably uncertain times when old thinking isn't reliable. We understand that the arduous path to business success may be treacherous at times, full of inconsistencies and unexpected turns. Yet, we also believe that every one of us has the potential to cultivate an entrepreneurial mindset that leads to success — and scale.

Great investors, entrepreneurs, and business leaders like Airbnb's Brian Chesky, YouTube's Susan Wojcicki, Starbucks' Howard Schultz, Netflix's Reed Hastings, Apple's Angela Ahrendts, and media mogul Arianna Huffington are some of the great testimonies of successful scalers.
Sometimes, like a rose from concrete, a tremendous idea emerges from adversity. Simply put, resistance generates friction, which causes sparks.
These leaders come from a variety of businesses and nonprofit sectors worldwide, from tiny communities to housing developments in big cities (and everywhere in between). Surprisingly, several of them have relatively similar winning techniques, as well as embarrassing gaffes and sad loss moments. In this synopsis, it may feel like you're listening in on a private chat between them and Reid Hoffman.

As an entrepreneur and an investor, Reid understands what it takes to scale a business. He was instrumental in founding some of the most successful companies of our day, including PayPal and LinkedIn. In addition, he was among the first to see the potential in paradigm-shifting startups like Airbnb, Facebook, Zynga, Aurora, and Dropbox, among many others, first as an angel investor and then as an investor with Greylock Partners. Reid has even coined new terms, such as “blitzscaling,” which refers to the pursuit of rapid expansion by emphasizing speed above efficiency, or “risk-intelligent scaling,” which refers to risk-aware scaling.

Weaving these narratives together, we can see how one leader's insights link to another's ideas, with counsel and analysis strewn throughout the summary. So, seize the opportunity to unravel the secrets of growing a small, thriving business into a global power by following this piece through to the end.
second key point

As an entrepreneur, convincing investors about the viability and scalability of your idea can be exacting

The first rule of entrepreneurship and investing is that the most innovative ideas are always counter-intuitive; they go so far against the popular belief that they appear hazardous and absurd. These are the types of concepts that get a lot of “nos.” So, if you're selling a counter-intuitive proposal, one that challenges the status quo and imagines a better way of doing things, be prepared to face a slew of rejections and learn from them. Start looking for more clues that you're onto something when you hear that chorus of “nos.”
book
Continue reading with Headway app
Continue reading
Full summary is waiting for you in the app
third key point

Enthusiastically embrace your humble beginnings; they’re more pivotal than you think

fourth key point

The myth of the lightbulb moment and how big ideas materialize

fifth key point

Company culture has transformative tendencies in the fate of the organization

sixth key point

Waiting to attain perfection with a startup idea can become an impediment to scaling

seventh key point

Startups sometimes fail, only to re-emerge as a different but foolproof entity

eighth key point

Conclusion

Buy full book on AmazonContinue the summary

What is Masters of Scale about?

Who should read Masters of Scale

book
book

Enjoy summarized nonfiction bestsellers

Grasp the book’s key ideas in less than 15 minutes

Get started

Get new knowledge easily

Let’s check how many titles you can finish in a month with Headway! Tell us how much time you’d like to spend on reading:

2 min/day
5 min/day
10 min/day
15 min/day
20 min/day
30 min/day
45 min/day
4 titles/month
10 titles/month
20 titles/month
30 titles/month
40 titles/month
60 titles/month
90 titles/month
image
image
image
image
image
image
image
image
image
image
image
image
image
image
image
image
image
4 titles/month
10 titles/month
20 titles/month
30 titles/month
40 titles/month
60 titles/month
90 titles/month
image
image
image
image
image
image
image
image
image
image
image
image
image
image
image
image
image
image

Join 30+ million learners around the world

60K5 reviews on App Store and Google Play
icon

Everything you need to be motivate, to learn & to self improves is all here. I actually do appreciate the reminders because otherwise this wouldn’t work for me. Thank you

icon

sandypantalones

icon

Headway is the answer! No longer accumulating books I never read. With Headway, I initially chose the areas important to me such as productivity, time management, etc., and each day I'm provided several book summaries from which I devote 20 minutes or more each day reading. All of this on my phone! My life has improved with Headway. Truly my most useful app.

icon

Carol Slinker

icon

An excellent concept, executed well. Headway can help you retain what you've read while introducing you to the essential core of new information. It's an easier way to stay inspired, and to be reminded of the mental tools you've learned

icon

Fuse Henry

icon

In today’s world, we rarely have time. Between our jobs, our families are social obligations, when do we have time to grow and develop ourselves? Headway is an excellent app that gives you that time it gives you those little snippets of information that you need to direct your focus in on your life. Headway gives you a chance to find out the meat of a book that you might want to purchase and read or listen to in-depth without wasting a lot of time trying to figure out is this book for me? I highly recommend the app.

icon

sleepy sprite

icon

The selections are on point and the summaries are excellent! I listen while I walk my pup 🐶 and have in turn, ordered a few selections! REALLY loving the app, it’s layout, daily selections and features!

icon

JuicyBaby328

icon

I've gotten multiple books out of the library with the intent to read them, but always have a hard time finding the time. This app has helped me finally be able to get to them. Summarized, yes, and thank goodness too! Just short enough I can finish one on my way picking kids up from school/practice, or while I'm cooking dinner. I can't wait to listen to them over the summer when we visit the beach!

icon

Jillian Emmert

icon

It amazed me! There is the possibility to highlight the most important points of each book and instantly translate unfamiliar vocabulary. With the ability to review the searched words. It's a great way to learn more about English as well. The price is great.

icon

Fiamma

icon

I’m enjoying what I’m learning on headway.each summary comes with quotes at the end which you can save to help you remember key points. You can listen or read, I’ve found that reading puts me to sleep before I can finish but the listening feature keeps me engaged and I can finish in a brief amount of time if not one session.

icon

Epic waters

icon

The app it’s so easy to use. I use it while driving or cooking and is great. I love the fact that the chapters are short, so you can finish them quickly. Very knowledgeable.

icon

kathytaveras

icon

The best app for self development.It helps to keep pace with your reading and also suggests the kind of reading material you might like.It is fun as you can switch from reading to listening and vice-versa as per your convenience .Just get started and partake of the treasure of knowledge at your fingertips .I feel lucky to have spotted the app.It has helped me become self-disciplined and much better informed.The audio track is excellent.

icon

anita yadav

icon

Exactly what I need! I always have booklist to read, but can't committed enough to finish/start bc of too much pages. Headway is really helpful and concise with their summary. What I love the most is that the essence of the book is well crafted, so I don't only read the key points, but also there's the story and how personality of the author still well shown through the summary. Well done!

icon

Feninda Amalia

icon

This is outstanding best app ever and honestly whoever came up with is my app is an absolute genius kudos my gratitude definitely goes out and I’m only on my first week free trial and I’m certainly going to purchase this app annually. Now that I have it, I can’t even imagine living without it.

icon

Darlin NIKKIDOLL0923

Have questions?

Asking the right questions brings you closer to achieving your goals

Can I test out Headway before purchasing it for my team?Payment

Sure, we will gladly give you access to our app for a certain period if you are interested in purchasing a corporate subscription for your team. Please fill out the form on the website or email partners@makeheadway.com. We will get back to you soon.

What should I do if some of my employees already have your Premium subscription?Payment

Sure, we will gladly give you access to our app for a certain period if you are interested in purchasing a corporate subscription for your team. Please fill out the form on the website or email partners@makeheadway.com. We will get back to you soon.

Can I increase or decrease the number of subscriptions on my corporate subscription once it’s started?Payment

Sure, we will gladly give you access to our app for a certain period if you are interested in purchasing a corporate subscription for your team. Please fill out the form on the website or email partners@makeheadway.com. We will get back to you soon.

What are the benefits of books summary?

Do you find yourself staring at your computer for long minutes, unaware of time slipping by? Do you enter a room and suddenly cannot remember why you stepped in the first place? Is it a herculean task for you to sit through ten pages of a book without reaching for your phone? If yes, your focus needs some work and fast.

Actually, yours is not a unique situation. Many adults like you have issues concentrating on a given task. However, in this fast-paced world of ours, you can’t afford to be not focused at all times. Thankfully, this article comes to your rescue! With the tips and tricks from Hyperfocus by Chris Bailey, you will get in the top percent of folks who have mastered the art of concentration.

Do you find yourself staring at your computer for long minutes, unaware of time slipping by? Do you enter a room and suddenly cannot remember why you stepped in the first place? Is it a herculean task for you to sit through ten pages of a book without reaching for your phone? If yes, your focus needs some work and fast.

Actually, yours is not a unique situation. Many adults like you have issues concentrating on a given task. However, in this fast-paced world of ours, you can’t afford to be not focused at all times. Thankfully, this article comes to your rescue! With the tips and tricks from Hyperfocus by Chris Bailey, you will get in the top percent of folks who have mastered the art of concentration.