Influence

Influence

Influence by Robert Cialdini
Rating: 5/5

80/20 Summary:
               Influence, the Psychology of Persuasion. Just as the cover alludes, this book tells how people are influenced. Cialdini discusses six principles that can yield automatic compliance from people.
Reciprocation - cultural norm requires that people repay favors and debts
Consistency - people try to be consistent in mind and action
Social proof - peer pressure
Liking - people are receptive to people and things they like or know
Authority - real or perceived authority induces compliance
Scarcity - people are naturally loss averse

Reader thoughts:
               While the summary above gives a clue as to what these principles are and how they operate, the book gives specific examples and meaningful insights for each. This book is routinely referenced as a seminal work on this topic. This book was initially published in 1984 and updated several times. It’s a bestseller and probably seen steady sales since release. While parts of the book are showing some age, the principles remain as real and relevant as ever. The best example of this is the author’s use of a tape recorder analogy throughout the text. A growing number of people have never seen a tape recorder and most children have probably never heard of the device. The power of some of these principles is changing as society evolves. Several examples used in the book no longer hold their former power. For example, a title is cited as sufficient evidence of authority to yield a response. This remains true in certain contexts, but today a title or uniform lends less authority than it did in earlier times. Even in hierarchical organizations we see examples of people more willing to question leaders and resist requests for compliance. Despite these and other examples, the principles are timeless and still applicable.
               It’s challenging to give a genuine response without saying this next line. This book was influential. It is influential. That may add credibility considering it’s supposed to teach others about influence. It would be an irony and knock against the author if he wrote a book on influence that lacked that attribute. This book is engaging and easy to read. That’s a compliment considering the author holds a PhD in Psychology and could easily lose most people with academic jargon. He demonstrates his ability to simplify the concepts into a narrative that illustrates his points effectively. The well-told stories provide helpful insights.
               This summary doesn’t delve into the topics as it is far too much content to cover. Read the book. It’s worth your time. You will learn both how to influence others as well as gain even more insight into ways in which you are complying without thinking about it.

The Automatic Millionaire

The Automatic Millionaire

The Automatic Millionaire - David Bach
Rating: 5/5

80/20 Summary:
               Pay yourself first, automate the process, own your house, and live debt free. Paying yourself first means investing in retirement accounts with pre-tax income. Automate this process with direct deposit and automatic contributions to retirement accounts. Your goal is to save at least 10% of your pre-tax income. Owning your home and paying off the mortgage early will increase your wealth. Automation applies here as well. Finally, the author gives a strategy for eliminating credit card debt. In total the book illustrates how to live debt free while fully funding your retirement.        

Reader thoughts:
               The summary explains so much that you might question why it was worth a whole book. In fact, one reader commented at the end, “It’s very repetitive.” The concepts are so simple and practical I wonder why they aren’t common knowledge. Every person on the planet should understand these concepts. The Automatic Millionaire gives practical, actionable guidance. Unlike many self-help books that ask you to change your life and implement unintuitive models to deliver marginal improvement, this book gives strategies that you can realistically implement in one hour with life-changing impact. I'd already implemented many of these strategies, but Bach gave deeper insight and pushed my thinking further on this subject. For example, consider his suggestion to invest 10% pre-tax to retirement accounts. This is the only way to pay yourself first, legally. If you don't do this, the government gets first dibs on every dollar you earn. Previously, I thought it sufficient to hit the company match on my 401(k) and the annual IRS limit in a Roth IRA. After reading this book, I maxed out my pre-tax and after-tax retirement contributions. Annual limits exist for both categories of accounts. In a 2016 update, Bach gave statistics to address the topics of investment returns and recessions such as 2007-2009.
               Near the end of the book the author provides an excellent summary. It could replace the rest of the book with minimal impact on a reader's financial results. Here are the steps to become an automatic millionaire. Pay yourself first. Deposit your paycheck. Fund your "rainy day" emergency account. Fund your dream account. Pay your credit card bills. Pay all your monthly bills. Give to charity. Just add 'automatically' to the end of the last seven sentences and you have Bach's summary minus explanatory notes. Before you skip most of the book in favor of the quick summary, at least consider that Bach is an experienced financial planner. He gives many practical details throughout. My main criticism is how repetitively he talks about automation and paying yourself. But considering that's the central message he is trying to impress upon the reader, repetition may be justified. Look at our debt-ridden society. People clearly haven’t got the message. In the author's own words, "The purpose of this book is not just to share the secrets with you. It's also to get you to put them into practice." Read the book. Do what it says. Have a better life. Move this book to the top of your reading list and you’ll thank yourself later.

The Revenge of Analog

The Revenge of Analog

The Revenge of Analog - David Sax  
Rating: 3/5

80/20 summary:
               Mr. Sax gives four reasons why people choose analog: pleasure, profit, health, and connection. Pleasure refers to the tactile nature of analog objects. Profit refers to the growth in revenues in certain analog areas. Health refers to the negative impacts of digital that are not associated with analog objects. Finally, connection refers to the bonds formed through real-time interaction in physical spaces. Sax argues that increasing numbers of people are drawn to analog, we are living in a post-digital economy, and human input will regain its value.
               In part one, The Revenge of Analog Things the author makes case studies of vinyl records, paper, film, and board games. Sax relates that vinyl record sales have grown since 2010 to compose at least 10% of music sales in 2016. The section on paper focuses on the Moleskine brand of notebooks and asserts that many diehard techies carry a phone in one hand and a Moleskine notebook in the other. He relates the story of an Italian company, FILM Ferrania that is forecasting a huge market for film as other legacy film companies develop analog products to compete in a modern marketplace. In the last case study, he tells the story of the recent rise in board games and cafes that focus on these games.
               In part two, The Revenge of Analog Ideas, Sax focuses on print, retail, work, and school. People prefer to read on paper, therefore print provides superior engagement and profit than digital. Retail stores are witnessing a revival with the return of bookstores held up as the prime example. Digital work does not provide the number of jobs required for the population; therefore, analog work is the more desirable alternative for many. Push back against some digital education initiatives demonstrates the value of analog methods. Finally, even in the digital world some people are trying to incorporate analog experiences.

One reader’s thoughts:
               The author's basic premise is that humans are analog creatures living in an analog world so analog things and ideas are making a comeback in a post-digital world. I won't skip down nostalgia lane as I grew up without digital but was young enough to get on the digital train early. In result I agree generally with the author's assessment that people like analog things and a place remains for them despite digital advances. I disagree specifically with his assessment that the increases in analog things and ideas in recent years indicates a sustainable trend. This was most apparent in the author’s assessment that digital education has failed and that analog is more effective and always better. We are in the early rounds of digital education. The tools are still clumsy and raw. My analog education of sitting and listening to lectures was terrible. I don't remember most of the classes I took. Clearly, I learned something and built on it. But insisting that digital has failed because some iPad school programs didn't pan out is an aggressive generality. While I think the book captures the essence of a moment in time (2015-2020) I've read other arguments that we are still in the early phases of the digital era. We're still learning how to leverage these technologies. It took us decades to understand and master industrial era technologies. Understand that I'm arguing against this book even as I personally prove many of the author's statements. I hate looking at screens all day. My paper notebook is one of my most valued daily tools. It's also much more satisfying to use. It's not nearly as fast as my computer though. When I need to search or learn something, my paper notebook is inefficient. When I need to make a quick note, the paper notebook is awesome. It's also easier on my eyes as my eyesight has suffered in correlation with increased computer use.
               I agree with the author’s reasoning behind pleasure. I personally love the tactile nature of analog objects and believe others do as well. In contrast, his reasoning behind profit carries big assumptions. I find most to criticize here of any of his four reasons for analog. Sax argues that increasing numbers of people are drawn to analog, we are living in a post-digital economy, and human input will regain its value. I think all three of these points are huge assumptions. Globally, people are digitizing every aspect of life. India, China, and Africa are moving millions of people to digital. Digital is the true growth area while analog is only growing in pockets of society. Calling 2016 post-digital is like referring to 1995 as post-internet. The internet had been around in some form for a couple of decades, but few people used it routinely let alone understood it in 1995. His third reason of health assumes that analog is the solution for the negative consequences of digital. This omits the possibility that digital could evolve to reduce or eliminate some of its own negative externalities. For example, timer features that shut off devices during quiet hours. I agree with the author’s fourth reason for analog, connection. None of my digital relationships have come anywhere close to the bonds formed in real time in physical space. The deep connections of the analog world in my experience still bring me greater satisfaction.
               In part one the author makes case studies of vinyl records, paper, film, and board games. Except for paper all these things are eclectic, niche interests at best. Even during the film era, a small percentage of the population ever processed film and it's a much smaller number that processed movie film. I am one of the minority that took photography classes and can appreciate the art of film photography having packed my own film cassettes, taken pictures, processed the film, and made my own prints. The section on paper focuses on the Moleskine brand of notebooks and asserts that many diehard techies carry a phone in one hand and a Moleskine notebook in the other. I carry a notebook from another brand and have developed a balance between digital and analog in this category. This is the only case study that demonstrates practical use. The other three are hobbies. Basing such a big argument on niche hobbies feels like a stretch.
               In part two Sax focuses on print, retail, work, and school. Part two is much less prone to nostalgia as it focuses on how analog is evolving within these areas. This part of the book may be a good place to inspire business ideas for the near term. If experiences hold more value in a digital world, then developing experiences with a balance of analog and digital could be profitable. Part two of this book might inspire you in that regard. My suggestion would be to save your time by reading a summary and listening to a few short interviews to get the concepts. This book is more pleasure read than source of business advice or inspiration.

The Joy of Work

The Joy of Work

The Joy of Work - Scott Adams
Rating: 4/5

This book is 60% Adams' twisted and often dated humor, 40% well-delivered practical advice on being creative and funny with solid, specific examples. The split is physically distinct with most of the practical advice falling in the last 40% of the book. The first 50 pages are funny and provide some insight that could be used professionally. The next 100 pages are often funny but just as often dated. The last 100 pages were my favorite and the most valuable if you're looking for more than just laughs. I wanted to love this book. I almost didn't make it to the good part. Perhaps if I was ten years older and read this book ten years earlier, it would have been painfully funny and relevant. As it stands in 2018 the world has become so politically correct and technology changed our social norms to such an extent that much of the work place shenanigans Adams describes are simply irrelevant or impossible. The pranks induce more nostalgia for obsolete technologies and social norms than provide ideas that can be implemented. If anything, Adams highlights how fortunate he was to get ahead of the curve on understanding and leveraging the internet age. Much of humor is timing.  And while I enjoy Adams' sense of humor and the way he dispenses it, the time has passed for many jokes in this book. Fortunately, many of the jokes are still funny.

I put this book on my reading list but forgot why. I bought the book at the end of last year and recently got around to reading it without conscious expectations. On page 158 I had such a distinct impression of a change in tone that I made a note. I wrote: this is the page where I started to get what I came here for. It suddenly hit me that I was reading Adams' genuine opinion and advice on creating humor and being creative. Adams includes practical frameworks for doing both through writing and other methods. I added the book to my list for the writing tips. Throughout chapters four and five I questioned the value of continued reading. However, the last 40% of the book was excellent. I believe this part of the book is timeless advice. I made numerous highlights and notes and will be returning to this practical and logical approach to humor as an ongoing reference.

It's interesting that Adams wrote this book when he was about 38 years old. He was only a few years into his career as a full-time cartoonist and yet he had clearly studied his craft before going pro. His provided frameworks and clarity of thought showcase an underrated intellect. His ability to rationally examine situations helps him both identify the humor and draw meaningful insights.

For anyone thinking of reading this book to gain practical insight on writing, humor, and creativity you could safely read pages 1-58 and 157-259 and ignore everything else. Of course, if you were born before 1980 that middle part may be exactly the laugh therapy you need.