“I’ve Read 425 Biographies. This Is The Best” - David Senra

CChris Williamson
Small Business/StartupsBooks & LiteratureManagement

Transcript

00:00:00Out of every single biography and autobiography I've ever read in my life, and I think as of
00:00:04today, it's like 425 or something like that because it correlates with the Founders episodes I've
00:00:08done. If you only read one book, it'd be his first autobiography, which is called Against the Odds,
00:00:13an autobiography by James Lyson. Because it's not about... Today, you fast forward, he's 78 years
00:00:19old. He owns 100% of one of the most successful private companies in the world. He wouldn't sell
00:00:22it. I had a friend that tried to buy it. He guessed, my friend that tried to buy it, that
00:00:27if James would sell, it'd fetch between $60 to $80 billion. James has no outside shareholders.
00:00:33That's 100% of it. My friend put a flyer out to him saying, we want to buy your company.
00:00:38He paraphrased the response that came back from Dyson, which was, fuck you, this is a family heirloom.
00:00:43It's not about the money. He's an engineer. He's a designer. He's obsessed with the work that he's
00:00:47doing. So that book is not about this. It's not the 78-year-old James Dyson. It is the Dyson in his
00:00:5330s and mid-40s that is just failing for a decade and a half over and over and over again.
00:00:585,126 failed prototypes. The 5,127th one is the one that worked. It's the James Dyson that's going to
00:01:04bed because he's working in a carriage house, which I guess is like a garage in England. What is a
00:01:09carriage house?
00:01:10No idea. I had to look it up. It's in the UK, so I figured you'd know. So it's like a detached
00:01:15little workshop outside your main house. I think it's in Bath, England where he is, where he's failing
00:01:22all day long, walks inside, passes his kids, gets into bed, cries himself to sleep. Then his kid is
00:01:28four, sees him failing. His kid is seven. Dad's still failing. His kid is a teenager. Dad is still
00:01:33a failure. And so the reason this was so important to me is because I knew I wanted to podcast. I knew
00:01:37I loved it more than anything else. I have this irrational love of podcasting that people make
00:01:41fun of me for and I'm fine with. But I was having no success. It was not that like I wasn't making any
00:01:47money. It was, I was, it was costing me money to do this. My, my savings went down every month and I
00:01:52for some reason wouldn't quit. And one of the reasons I don't think I quit is because episode 25,
00:01:57the very first time I read James Ice's book is I read this book and I'm like, well, this guy
00:02:01struggled for 14 years. Like I can give it a go for a year when it being five and a half. I didn't
00:02:06think it'd take that long, but like just knowing that story and rereading that book over and over
00:02:09and over again, just, I was able to relate to him. I was like, he didn't give up. Why do I have to
00:02:13give up? Like, do you know how good you're going to feel if you get to the other side of this?
00:02:16And I did have a lot of faith that I would get to the other side of it. And so when you meet James
00:02:21Dyson though, like I read his first autobiography at least five times. I've read the highlights from
00:02:25that book hundreds of times. This is not a joke. I'm not exaggerating. I read his second biography,
00:02:30which he wrote when he was in the seventies twice. I read, he has, he wrote an encyclopedia when he was
00:02:36like 45 or 50 about, he's obsessed with inventions. It's called a history of great inventions. It literally
00:02:41like somebody printed out a Wikipedia page of like 200, um, inventions with hand scrawled notes.
00:02:48There's a picture of me and James going through the book and me showing him like me annotating every
00:02:51single thing. And so be able to sit with him. I thought I understood him completely. And there
00:02:57was still, this is why it's so powerful to be able to talk to these people. First of all,
00:03:00he sits across from you and you realize that he's built, he doesn't, he's not a, he's not a
00:03:04absentee executive. He does the work. He's, and he's on the, the manufacturing line. He's in the
00:03:10engineering meetings. He's in design meetings. So you sit across from him. He's a very thin guy.
00:03:15His fingers are probably twice as wide as mine are. Why? Because he's been working with his hands.
00:03:23Like if you look at your biceps, like your, how many curls did you do to get those biceps?
00:03:27How many, like him tinkering with his hands did he get? He's got massive fingers. They don't fit
00:03:33the rest of his body. Cause it's like a lifetime of tinkering. It's incredible. But then the reason
00:03:37I say, if you go to sleep on a win, you wake up at a loss is like most people that have success,
00:03:41they're like, I fucking made it. Look at me. I'm the best. And they forget it's the work that got
00:03:46in there. Not them. It's tied to the megalomania thing where Dyson's not like that at all. I didn't
00:03:50understand his organizing principle. And so this is what he said. He said, okay, I pick up a product,
00:03:55right? I look at it. I think about how can I make it better? I make it better. I put it back down.
00:04:02Short mile later, pick it back up. How can I make it better? I make it a little bit better. Put it
00:04:06back down. And he went through this over and over again. I think he used a coffee cup in the episode.
00:04:10It's been, you know, six months. I don't remember. And he goes, and I just didn't, I just did that
00:04:14for 45 years. I never stopped. That's the anecdote to the anecdote. I don't know if that's the right
00:04:20word to going to sleep on a win. He never slept on a win because he likes the activity itself. He just,
00:04:27he has an engineering mind, everything around him. He says it doesn't torment him, but he'd see this
00:04:31table. He's like, I think I could shave off a little bit there. I could fix that. I could do that.
00:04:34That's how his brain just works. And he just loves it. It's like a giant puzzle to him. And that's,
00:04:38I think that's the way to do it. It's just like, man, if you just love the activity for the sake of
00:04:42itself and you never stop improving it, like you're not going to fall prey to the failures and
00:04:47disasters of like a Kanye or a Conor McGregor or any of these other people you see.
00:04:51Fascinating that that was a quote from Conor McGregor, somebody that's had one of the biggest
00:04:54fall-offs in history. Yeah, unfortunately. Yeah. Yeah. I've kind of been obsessed thinking about
00:04:59the difference between what it feels like to have fallen off and what it feels like to have never made it.
00:05:06I would rather never make it. I am, this is another thing where you're surprised. Like I've talked to
00:05:11Michael Dell about this, Daniel Ek about this, Todd Graves, Brad Jacobs, like all these, every single
00:05:15person I just mentioned is worth tens, Michael Dell's worth like $200 billion. And he's just like,
00:05:20it's not the love of success. It's a fear of failure. It's like, for me, that is my worst nightmare
00:05:26that like, I do mean that. Like I would rather never make it than make it, right? And then lose it.
00:05:33And so this is why I wanted to say something earlier that you just, you just prompted this
00:05:38thought. It's like, it's weird because like I'll meet with like young entrepreneurs a lot. Right.
00:05:42And I feel like the middle child because I'm not my twenties anymore, but I'm not 70, you know?
00:05:47And so I'm in both of these worlds and the advice I give to these like 25 years ago, you should go
00:05:52and spend some time with like a 65 year old, 70 year old. Like try to get an afternoon with Jimmy
00:05:58Yavin who's in his seventies, who's seen everything in the world or James Dyson who's seen everything in
00:06:03the world. Like we, we have this guest list that, uh, we want, we want to get, and it's in reverse
00:06:08chronological order by age, because some of these guys, like I got to sit down with Charlie
00:06:10Mugger, never got to record a podcast with him. Now it's that opportunity is gone. Same thing.
00:06:14Got to sit down with Sam Zell, never got to record a podcast with him. They have all this knowledge
00:06:17and all you have to do is just like sit down and they'll, they, they're already down the path
00:06:22that you're, that you want to go on. And they'll say, Hey, watch for that pitfall there.
00:06:25What don't, don't turn right when this is going to happen to you. Cause you realize like everything
00:06:28that happens to us is not us. If somebody else was sitting in your position, they'd be getting
00:06:32those DMS too. Like they just would. It's not you. It's the position that you're holding.
00:06:38Um, and I, yeah, I think it's like super important. People say I have a fetish for old people. I
00:06:42don't have a fetish for old people. It's just like, I, I want to avoid the failure, the, the, the
00:06:50set to success. And then the decline in failure that you see so over and over and over again,
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00:08:12Congratulations, you made it to the end of a clip, and the full-length episode is available
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00:08:18Go on.

Key Takeaway

Long-term success stems from a commitment to the process of incremental improvement, demonstrated by James Dyson’s 5,127 iterations to create a functional product.

Highlights

  • James Dyson experienced 5,126 failed prototypes before the 5,127th design succeeded.

  • The book Against the Odds documents a decade and a half of consistent failure during Dyson's 30s and 40s.

  • James Dyson maintains 100% ownership of his company, refusing to sell despite offers valued between $60 and $80 billion.

  • Success often derives from a lifelong process of incremental improvement rather than a single breakthrough event.

  • Learning from those in later stages of their careers helps entrepreneurs identify pitfalls and avoid the cycle of success followed by failure.

  • The organizing principle for long-term achievement involves treating work as a continuous puzzle, focusing on the activity itself rather than the outcome.

Timeline

Lessons from Persistent Failure

  • Against the Odds by James Dyson serves as a primary case study in endurance.
  • Dyson reached a functional product only after 5,126 failed prototypes.
  • The narrative of early-career struggle provides a template for maintaining motivation during periods of little to no professional success.

The biography chronicles a decade and a half of near-constant failure. It highlights the reality of working in a small workshop while balancing family life and financial strain. Knowing that successful figures endured years of struggle provides necessary perspective for those facing their own initial hurdles.

The Mechanism of Incremental Improvement

  • Dyson's hands-on approach involves participating directly in engineering and design meetings rather than acting as an absentee executive.
  • The core operating principle is the constant, minute improvement of existing products over decades.
  • Focusing on the activity for its own sake prevents the tendency to 'sleep on a win,' which often precedes professional decline.

Dyson’s work ethic is characterized by a continuous, puzzle-like refinement of objects. By consistently asking how a product can be made slightly better and repeating this process for 45 years, he avoids the complacency that leads to career stagnation. His physical hands, described as calloused and uniquely shaped from a lifetime of tinkering, serve as evidence of his active involvement in the manufacturing process.

Avoiding the Cycle of Decline

  • Many successful individuals experience a significant fall-off because they mistake their personal identity for the work that achieved their results.
  • Engaging with experienced figures aged 60 to 70 provides critical foresight regarding professional pitfalls.
  • External success is often tied to the position held rather than the individual, making it essential to prioritize long-term sustainability over short-term accolades.

High-profile failures often result from a loss of focus on the work itself. Spending time with individuals who have already navigated the arc of a full career allows younger entrepreneurs to identify potential blind spots. This practice helps distinguish between individual effort and the benefits afforded by a specific professional position.

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