Play Bigger audiobook cover - How Pirates, Dreamers and Innovators Create and Dominate Markets

Play Bigger

How Pirates, Dreamers and Innovators Create and Dominate Markets

Al Ramadan, David Peterson, Christopher Lochhead and Kevin Maney

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Key Takeaways from Play Bigger

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Mind Map

Play Bigger
Category Kings+
Timing & Patience+
Discovering Opportunities+
Storytelling & Point of View (POV)+
The Lightning Strike+
Execution & Team+

Quiz — Test Your Understanding

Question 1 of 6
What defines a "category king" according to the text?
  • A. A company that dominates an existing market by offering the lowest prices.
  • B. A person or company that creates a game-changing solution to a problem consumers didn't realize they had.
  • C. A business that acquires all of its competitors to create a monopoly.
  • D. An entrepreneur who invents a new technology faster than anyone else.
Question 2 of 6
Why is practicing patience crucial when a company introduces a new category?
  • A. Neuroscience research shows it can take six to ten years for an ingrained idea to be replaced by a new one in a person's mind.
  • B. Investors typically require at least five years of financial projections before funding a new category.
  • C. Developing the underlying technology for a new category usually takes a decade of research.
  • D. Competitors will try to block the new category with lawsuits that take years to resolve.
Question 3 of 6
According to the text, why did Steve Jobs' iPad succeed while Bill Gates' earlier Tablet PC failed?
  • A. Jobs possessed superior technology insight, while Gates relied entirely on market insight.
  • B. Jobs executed a better "lightning strike" by targeting the sensor industry instead of the tech industry.
  • C. Gates tried to solve a technology problem by making a smaller PC, while Jobs identified a specific consumer need for an internet and presentation device.
  • D. Gates failed to hire an external consultant to help name and market the new category.
Question 4 of 6
How does "technology insight" differ from "market insight" when discovering new categories?
  • A. Technology insight involves inventing a product first and finding its application later, whereas market insight starts with intimate knowledge of a market's needs.
  • B. Technology insight relies on customer surveys, while market insight relies on laboratory research.
  • C. Technology insight guarantees immediate profitability, while market insight requires long-term investment.
  • D. Technology insight is used exclusively by software companies, while market insight is used by hardware manufacturers.
Question 5 of 6
What is the primary purpose of a company's Point of View (POV) and storytelling?
  • A. To secure the trademark and copyright for the new category name.
  • B. To convey how the company defines its place in the world and how it solves customer problems.
  • C. To distract competitors from the company's actual product roadmap.
  • D. To entertain potential investors during initial funding rounds.
Question 6 of 6
What does the book mean by executing a "lightning strike" strategy?
  • A. A sudden, aggressive lawsuit against a primary competitor to halt their product launch.
  • B. A rapid price drop designed to capture maximum market share in a single day.
  • C. A broad, blanket marketing campaign aimed at every possible demographic simultaneously.
  • D. A carefully planned, dazzling event targeted at a specific market to grab attention and surprise competitors.

Play Bigger — Full Chapter Overview

Play Bigger Summary & Overview

Play Bigger (2016) details strategies you can employ to break into any market successfully. Creating a new product isn’t easy but getting people to buy it is even harder. This book shows you how to pick the right market for your product by creating it yourself and making people take notice.

Who Should Listen to Play Bigger?

  • Business leaders with great ideas
  • Entrepreneurs looking for new ways to market products
  • People curious as to why Uber is so successful

About the Author: Al Ramadan, David Peterson, Christopher Lochhead and Kevin Maney

Al Ramadan, Dave Peterson and Christopher Lochhead are the co-founders of Play Bigger Advisors, where they coach technology firms to help them dominate in their respective market categories. Learn more about their work at www.playbigger.com. 

Kevin Maney is a best-selling author and award-winning columnist for Newsweek.

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