New Feature! Download infographics with key insights from bestselling non-fiction books.
Book Summary
When you look at how well a company is doing, you tend to look at stock prices.
That’s because the media is swarming with men in ties telling people when they should buy and when they should sell.
But, that whole buy and sell charade really just concerns the people who are trying to make money. It doesn’t really benefit the company itself.
According to Simon Sinek in his book, “The Infinite Game” the CEO of a company must not get too caught up in stocks. They shouldn’t be focused on the stockholders, they should be focused on the company’s best interests.
“If your actions inspire others to dream more, learn more, do more and become more, you are a leader.”- Simon Sinek
They need to keep their eyes on the prize, create innovative products and ideas, and work to make their company the best it can be, rather than trying to appease the crowd of stockholders.
In his book, Sinek gives great insight into how companies can get back to long-term thinking and how they can stay afloat in a market that is so up and down.
There is a difference between a finite game and an infinite game.
A finite game is like a game of baseball. When the two teams begin the game, they know the rules and know what they have to do in order to win. They have to score more points than the other team.
But, business is an infinite game. And CEOs must understand that. It’s an infinite game because in business there are no rules. Innovative companies are trying new strategies and tactics every single day.
The goal of the business game is to stay in the game as long as possible. So, really the game could go on forever if your company knows how to play.
“Finite players play to beat the people around them. Infinite players play to be better than themselves.”- Simon Sinek
Profit and revenue are not the only tell-tale signs that a business is “winning.” High profits don’t mean anything if a company cannot beat unexpected obstacles.
This is why CEOs should raise a business to adapt to ever-changing external circumstances. These adaptive businesses are made to last, rather than to just “win” the money-making game.
Tunnel vision can occur when a CEO is focused on short-term goals, such as an increase in profits in the next quarter. But, really what these CEOs should be focusing on is creating innovative new products that will appeal to the masses and last.
They should be putting their creative energy toward the product they are putting out for the consumer, rather than focusing on the money. If they focus on their product, the money will come.
In the early 2000s, Microsoft made the mistake of trying to compete with Apple. They copied what Apple was doing instead of creating new products. Apple still got an innovative reputation and Microsoft slowly began to die.
There are five keys that make up the infinite mindset:
Users get access to two FREE summaries. Become a pro user for unlimited access.
LoginSave time with unlimited access to text, audio, and video summaries of the world's best-selling books.
Become a pro user
Try Sumizeit to get the key ideas from thousands of bestselling nonfiction titles. Listen, read, or watch in just 15 minutes.
Highest quality content
Our book summaries are crafted to be unbiased, concise, and comprehensive, giving you the most valuable insights in the shortest amount of time.
New content added constantly
We add new content each week, including New York Times bestsellers.
Learn on the go
Learn anytime, anywhere - read, listen or watch summaries on IOS, tablet, laptop, and Kindle!
Cancel anytime
Changed your mind? No problem. Cancel your subscription anytime.
Collect Achievements
Learning just got more rewarding - track your progress and earn prizes using our mobile app.
And much more!
Improve your retention with quizzes. Enjoy PDF summaries, infographics, offline access with our app and more.
Join thousands of readers who learn faster than they ever thought possible.
Olga Z.
I love this app! As a busy executive, I don't have time to read entire books, but I still want to stay informed. This app provides me with concise summaries of the latest bestsellers, so I can stay up-to-date on the latest trends and ideas without sacrificing my precious time.
Chen L.
Very good development in last months. Content updates on a regular basis and UI is getting better and better.
Erica A.
Great product. Have used them for a long time. One of my favorite things about them is that they are able to summarize a whole book into just 10 minutes.
William H.
This app has been a lifesaver for my studies. Instead of struggling to finish textbooks, I can quickly get the key points from each chapter. It's helped me improve my grades and understand the material much better.