The Remix Podcast – Season 1 Episode 11 – Steve Ballmer makes a prediction about the iphone

Imagine that you are the CEO of a multi-billion dollar company. You are raking in profits like snow falling on a winter Edmonton’s day. You have sold millions and millions of books. A competitor now comes up trying to disrupt you – they also have a book, but it’s more expensive and it does not have any writing in it – it does not cater at all to the reader. You laugh at the competitor and think that in a few years, they will have to go back to the drawing board.

Years later, you realize only a little too late that this is what customers actually wanted. Only it’s not books, it’s a smartphone. And the new competitor is Apple with their iPhone.

In this episode, we hear a clip from Freakonomics from their CEO series and we discuss:

  • Where else will you get a three times return on your listening investment? The Remix Podcast with Shawn and Wang!
  • Wang talks about the time when he saw Steve Ballmer in a meme video
  • the Freakonomics podcast and the CEO series
  • Wang shares his thoughts on what Steve Ballmer said
  • Why it is difficult to predict disruption and innovation and Shawn shares his thoughts on why Microsoft was slow to innovate
  • Wang’s suggestion on how to innovate
  • Wang asks Shawn – if the Microsoft CEO came to him and asked him how to completely disrupt Microsoft’s business, what would Shawn recommend?
  • Shawn asks Wang what he has learned from the CEO series of podcasts on Freakonomics and Wang shares what he has learned from Indra Nooyi – the CEO of Pepsi Co
  • Do Indians need to sleep?
  • Shawn makes a surprising observation about the CEOs on Freakonomics
  • Shawn and Wang talk about the importance of diversity on boards and in companies

What do you think about the CEO series in Freakonomics?

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