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DELIVERING HAPPINESS A Path to Profits, Passion, and Purpose Book By Tony Hsieh Slides by Ryan Battles HSIEH, TONY. DELIVERING HAPPINESS: A PATH TO PROFITS, PASSION, AND PURPOSE. NEW YORK: BUSINESS PLUS, 2010.
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Delivering Happiness

May 28, 2015

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Business

Ryan Battles

Notes from Delivering Happiness by Tony Hsieh
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Page 1: Delivering Happiness

D E L I V E R I N G H A P P I N E S S

A P a t h t o P r o f i t s , P a s s i o n , a n d P u r p o s e

B o o k B y To n y H s i e h S l i d e s b y R y a n B a t t l e s

H S I E H , T O N Y. D E L I V E R I N G H A P P I N E S S : A PAT H T O P R O F I T S , PA S S I O N , A N D P U R P O S E . N E W Y O R K :

B U S I N E S S P L U S , 2 0 1 0 .

Page 2: Delivering Happiness

The book itself is largely a series of stories from Hsiegh’s experience.

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These notes are inspirational, actionable takeaways from those stories.

Page 3: Delivering Happiness

Happiness is both an art and a science, and the science part can be learned

Page 4: Delivering Happiness

That which makes us happy is always evolving and requires constant attention

Page 5: Delivering Happiness

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Happiness comes from experiences and perspective, not from things

Page 6: Delivering Happiness

The risk/reward payoff in pursuing happiness is better than one thinks

Page 7: Delivering Happiness

Money isn’t the source of happiness.

Page 8: Delivering Happiness

Having a larger amount of money makes it much easier and likely to actually work on things you are passionate about. This can

make you happy, too

Page 9: Delivering Happiness

Money and achievement to prove something to others are both tempting

distractions from pursuing more fulfilling activities

Page 10: Delivering Happiness

Happiness isn’t always immediate

Page 11: Delivering Happiness

Happiness is not driven by achieving a goal. It’s driven by figuring out what circumstances

make you happy and then creating those circumstances.

Page 12: Delivering Happiness

Higher purpose matters a lot more than immediate pleasure.

Page 13: Delivering Happiness

Friends are vital to creating a successful business and living a successful life.

Page 14: Delivering Happiness

Including others in your success makes your success and happiness that much greater

and more rewarding

Page 15: Delivering Happiness

Good culture is critical for organizational success because it creates a company’s

brand.

Page 16: Delivering Happiness

Culture is not an immediate byproduct of the people working at a company but rather

the product of conscious work and effort

Page 17: Delivering Happiness

Zappos’ success is a clear illustration of the importance of not only strictly adhering to

core values but also having them be complementary to each other.

Page 18: Delivering Happiness

The choice of a location has a disproportionate impact on a company, far

beyond the location of its physical buildings and employees.

Page 19: Delivering Happiness

Do not outsource your competitive advantage

Page 20: Delivering Happiness

Treating vendors well pays off in the long run.

Page 21: Delivering Happiness

Sometimes you have to believe in yourself and your passion, and take a leap of faith,

even when no one else does

Page 22: Delivering Happiness

Businesses built on loyalty usually end up driving greater penetration than focusing on

penetration alone

Page 23: Delivering Happiness

Choosing where to play is the most important decision in business.

Page 24: Delivering Happiness

Many of the services Tony was religious about at Zappos (e.g. free shipping,

upgraded overnight service, culture book, customer service) were expensive and had

hard-to-quantify ROI’s , yet ultimately drove long-term success for the company.

Page 25: Delivering Happiness

T H I S H A S B E E N A B R I E F O V E R V I E W O F T H E M A I N I D E A S O F D E L I V E R I N G H A P P I N E S S .

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B U Y T H E B O O K F O R T H E F U L L E X P E R I E N C E !

H S I E H , T O N Y. D E L I V E R I N G H A P P I N E S S : A PAT H T O P R O F I T S , PA S S I O N , A N D P U R P O S E .

N E W Y O R K : B U S I N E S S P L U S , 2 0 1 0 . !

A L L P R O D U C T A N D C O M PA N Y N A M E S A R E T R A D E M A R K S O R R E G I S T E R E D T R A D E M A R K S

O F T H E I R R E S P E C T I V E H O L D E R S . U S E O F T H E M D O E S N O T I M P LY A N Y A F F I L I AT I O N

W I T H O R E N D O R S E M E N T B Y T H E M .