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Book Summary Preview : Revolutionary Strategies of the Founding Fathers

Leadership Lessons from America’s Most Successful Patriots

By Scott Thorpe
Sourcebooks, Inc. 2003
ISBN 1-57071-934-9
237 pages

The Big Idea
Revolutionary adjustments are essential for businesses and other enterprises to survive and keep pace with the technological advances and innovations that are constantly changing the economic landscape. The author has come up with the radical idea of applying the strategies and tactics of the Founding Fathers during the American Revolution to contemporary business situations.

The lessons provided by revolutionaries George Washington, Thomas Jefferson, Benjamin Franklin, John Adams – to name a few – need not be confined to students of history. The strategies that made the Founding Fathers succeed in forging a republic can also be applied to the boardrooms of IBM, Nike, Honda, Wal-Mart and other modern corporations. The pitfalls and difficulties they encountered also give a valuable insight on how the attitude, tenacity and pragmatism of the leaders enabled them to overcome tremendous obstacles.

 

Change and Revolutions are Inevitable
The Revolutionary War that gave birth to the United States of America changed the lives of the colonists, even those who were contented under British rule. Under the protection of the British Empire, some of the Founding Fathers made their fortunes.

Benjamin Franklin, satisfied under King George III, became a rich publisher renowned for his Poor Man’s Almanack. He expanded his fortune as a colonial agent, living in England for most of the years leading up to the rebellion.

John Hancock was embroiled in the Revolution. He was a wealthy Boston ship owner and merchant who inherited a fortune from his uncle. John Adams, who would become second president of the fledgling Republic, was a family man building a law practice.

On the other hand, the Revolution gave Henry Knox the opportunity to escape the obscurity of his bookshop. He became one of Washington’s trusted generals and later Secretary of War.

An orphan from the West Indies, Alexander Hamilton shed his disreputable origin by proving his capability as a revolutionary. He will play a vital role in Washington’s administration as Secretary of Treasury.

In business, changes are also irksome and have uncertain effects. But they also open new doors to fresh opportunities and tremendous wealth to those who can lead the entrepreneurial revolution.

Bill Gates and Paul Allen, founders of Microsoft, revolutionized the software industry, tangling with giant IBM. Larry Ellison saw the trend and created Oracle Corporation.

Warren Buffett, Chairman of Berkshire Hathaway, rebelled against the trend in investing and made billions from his revolutionary investment strategies.
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