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FoundersJanuary 18, 2021
#163 Alfred Nobel
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About This Episode
What I learned from reading Alfred Nobel: A Biography by Kenne Fant. ---- [16:24] The self-awareness that would become so characteristic of him was awakening and with it the determination to be the master of every situation. He was not going to throw himself into the world and let luck or chance lead the way. [26:26] When it comes to serious matters, I have adopted the rule of acting seriously. [28:09] Alfred never forgot poverty. [30:04] Financial pressure was accelerating his development as an inventor. [39:15] Alfred asked her what she wished as a wedding present. The quick-witted young woman astonished him by replying without hesitation, “As much as Monsieur Nobel himself earns in one day.” Impressed and amused, Alfred agreed. The girl received a monetary gift of such size that she and her husband could enjoy it as long as their marriage lasted. The bank draft Alfred signed was for $110,000. [47:33] It would take many years for Alfred to accept the idea that sometimes business failures were inevitable, that steps forward in one market were very often followed by a decline in another. Alfred learned to steel himself so that the disappointments would not depress him into inaction. [51:18] Never do yourself what others could do better or equally well. [57:26] Nobel had a soul of fire. He worked hard, burned with ideas, and spurred his collaborators on with his contagious energy. [58:04] When he went somewhere he liked to get there fast. [59:17] Whatever a human being manages to accomplish during his or her lifetime, there are so utterly few whose names will remain on the pages of history for any extended amount of time. Rarer still are those whose renown grows after their death. Alfred Nobel belongs among these. ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast
Book Mentions
4 book mentions in this episode.
Jump to booksTip: Click “Mentioned at …” to copy a timestamp.
Tip: Click a cover image to open a book link.
Books Mentioned

Alfred Nobel
Kenne Font
“The podcast discusses the book 'Alfred Nobel' written by Kenne Font, which explores the life and legacy of Alfred Nobel, including his personality and contributions.”
Sentiment: Deep Dive
Trigger: Alfred Nobel's life reflections
For: Readers interested in historical figures and their psychological complexities.
Key quote: “His letters are particularly invaluable to Nobel.”
The host delves into Alfred Nobel's complex personality and his struggles with self-worth and public perception. This exploration highlights how his private letters reveal deeper insights into his character and the motivations behind his legacy.
ASIN: 1559702222
Buy on AmazonClick the book cover image to open the affiliate link.

A History of Great Inventions
James Dyson
“The host mentions reading 'A History of Great Inventions' by James Dyson, which covers significant human inventions over thousands of years.”
Sentiment: Passing Reference
Trigger: inventions and their impact
For: Readers interested in the history of inventions and influential inventors.
Key quote: “It's a book that's called A History of Great Inventions.”
The host mentions 'A History of Great Inventions' by James Dyson to highlight the significance of inventions throughout history. This book serves as a backdrop for discussing the life and character of Alfred Nobel, emphasizing the complexities of influential figures in the realm of innovation.
ASIN: 1841199036
Buy on AmazonClick the book cover image to open the affiliate link.

“The host references a book called 'The Empire of Light' to illustrate a point about differences in financial perspectives between Alfred Nobel and his family.”
Sentiment: Passing Reference
Trigger: Alfred Nobel's upbringing
For: Readers interested in business philosophy and historical figures.
Key quote: “The one that comes to mind is that book. I think it's called The Empire of Light.”
The host mentions 'The Empire of Light' to illustrate the contrasting approaches to business and finance between Alfred Nobel and his family. This comparison highlights the importance of financial acumen in achieving lasting success.
ASIN: N/A
Buy on AmazonClick the book cover image to open the affiliate link.

“The host discusses the book 'Meet You in Hell', which details the partnership and eventual fallout between Andrew Carnegie and Henry Clay Frick.”
Sentiment: Deep Dive
Trigger: financial management struggles
For: Readers interested in business history and financial management
Key quote: “I just went through. I reread yesterday. My highlights for the book. Meet you in hell, which is about the part of the partnership that eventually fractured between Andrew Carnegie and Henry Clay Frick.”
The host mentions 'Meet You in Hell' to illustrate the financial dynamics and tensions between Andrew Carnegie and Henry Clay Frick, which parallel Alfred Nobel's own experiences with financial mismanagement in his family. The book highlights the importance of understanding costs and financial control, themes that resonate with Nobel's life and struggles.
ASIN: N/A
Buy on AmazonClick the book cover image to open the affiliate link.