Smart People Should Build Things
By Andrew Yang
How to Restore Our Culture of Achievement, Build a Path for Entrepreneurs, and Create New Jobs in America. Harper Business, 2014.
Summary of Smart People Should Build Things book by Andrew Yang
An inspirational text based on Yang’s own experiences that suggests students from top-level schools can create jobs and expand our culture by becoming entrepreneurs rather than following traditional job paths.
Chapters in Smart People Should Build Things book summary
What do you get from this book? Discover the secrets to successful entrepreneurship and help strengthen the economy
Recruiters lure students down conventional career paths with money and prestige, but the job market would benefit from more entrepreneurs
There are pros and cons to professional training, but to get the best of both, you must take risks
Most companies fail in their first year, as did Yang’s, but he learned from mistakes and gained valuable insights
For companies to succeed and cultures to prosper, you must focus on “value creation” rather than “rent-seeking”
Yang’s Venture for America promises to create U.S. jobs by assisting developing startups
Nonprofits are difficult to build, but VFA had a great team and strong word of mouth driving their success
VFA’s policies support a trainee’s growth as well as the startup they’re working for
Summary of the key insights
Selected critiques in brief
Final word
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Smart People Should Build Things — Book Summary Snapshot
Who should read Smart People Should Build Things book
- Entrepreneurs
- college students
- recent graduates
- young professionals
- anyone not interested in traditional nine-to-five jobs
About the author of Smart People Should Build Things
Andrew Yang
Andrew Yang earned his degree from Columbia Law School before becoming an entrepreneur. In 2011, he was named the “Champion of Change” by President Obama’s administration, and in 2015 became a “Presidential Ambassador for Global Entrepreneurship.” He is the founder of Venture for America (VFA), a nonprofit dedicated to helping recent graduates find work in startups.
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