Bloomberg by Bloomberg is the autobiography of American Businessman and Politician Micheal Bloomberg. He is the majority owner and co-founder of Bloomberg L.P. He was a three-term New York City Mayor from 2002 to 2013 and was a candidate for the 2020 Democratic nomination for the United States president. According to Forbes, Bloomberg is the 16th-richest man globally, with a net worth of $USD 59 billion as of March 13, 2021.
He got his start in 1966 on Wall Street at investment bank Salomon Brothers selling stocks. He rose to become a general partner at the firm but was fired in 1981, after Phibro Corporation bought Salomon Brothers. Bloomberg was paid $10 million for his equity stake in Salomon Brothers, and he used the windfall to start his firm Bloomberg L.P.
Bloomberg by Bloomberg is a great book by a hardworking successful entrepreneur and he shares his thought process, philosophy, management style, keys to becoming successful, his highs and lows. The book is a great read and I would recommend it highly for every aspiring and budding entrepreneur. Lots of insights, nuggets, words of wisdom and practical lessons for navigating life and dealing with the challenges of business.
“Our greatest challenge today? Fighting the stultifying effects of success, the paralyzing results of growth, the debilitating cancer of entrenchment.”
Here are my favourite takeaways from reading, Bloomberg by Bloomberg: