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A wonderful summary of the rags to riches story by Richard Tedlow. The book describes Andy Grove's early childhood in war-torn Hungary, and how his departure along with thousands of other refugees landed him in America. From his humble beginnings his career led him to a central position in silicon valley working at Intel. From a young age Andy understood the value of getting an education and was determined to get one even if he could not afford the fees of more prominent institutions. «In 1998, Andy Grove said that 'a lot of what is good in America I learned at City College. They accepted me with respect, without condescension. They gave me a start, and they gave it in a classy way. It's an institution that is crucial to the working of America, and America should be proud of it. I am.'» We learn about the challenges Andy faced during his time at Intel, and the incredible decisions he made with his colleagues when faced with major competitors like IBM. The summary ends with a few key principles that Grove presented to the board of directors at Intel. They in themselves summarize his winning business strategy, making this an interesting read for directors, managers and technology fans.
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