The Value of Unsummarizable Books and the Success of Atlanta's Calendly

Kazuki Nakayashiki

Hatched by Kazuki Nakayashiki

Sep 27, 2023

3 min read

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The Value of Unsummarizable Books and the Success of Atlanta's Calendly

Introduction:
The question of whether a book is worth reading if it can be adequately summarized is a thought-provoking one. It suggests that books with deep and complex ideas are often the ones that resist easy summarization. As we delve into this topic, we will also explore the success story of Calendly, a scheduling tool that turned a common frustration into a $3 billion startup.

The Value of Unsummarizable Books:
The difficulty of summarizing a book can be seen as a measure of its value. When a book defies easy summarization, it indicates that there is depth and nuance to its contents. As we read and digest more books, we start to uncover connections and patterns, gaining a richer understanding of the world. Summaries may provide a glimpse into the content, but they cannot capture the full essence and experience of reading a book.

A book proposal, for example, is merely a summary of a book that has yet to be written. It serves as a marketing tool to generate interest and funding for the book. However, the proposal alone does not capture the intricacies and complexities that the actual book will bring. Similarly, works of art cannot be fully understood or appreciated by simply summarizing them. By extracting a piece from its context and spotlighting it, we risk altering its true meaning and essence.

Unique Insights:
As time goes by, we naturally connect the dots and find deeper connections between ideas and concepts. The more we read and digest, the more we uncover these connections and patterns. This process of intellectual growth allows us to gain unique insights and perspectives. It is through this journey that we realize the value of reading books that resist easy summarization.

The Success Story of Calendly:
Calendly, a scheduling tool developed in Atlanta, has transformed the way people schedule meetings. The founder, Tope Awotona, identified a personal need for a more efficient scheduling solution. Frustrated by the excessive back-and-forth emails required to arrange a meeting, Awotona saw an opportunity to solve this problem.

Unlike other calendaring services that required immediate subscription commitments or were tailored to specific industries, Calendly adopted a freemium model that appealed to a broader audience. This approach, coupled with its user-friendly interface, led to a rapid increase in users. In the last twelve months alone, the number of Calendly users grew by a staggering 1,180%, reaching 10 million monthly users.

Calendly's profitability is another testament to its success. With approximately $70 million in annual subscription revenues from its SaaS-based business model, Calendly is confident that it will soon reach $1 billion in aggregated revenues.

Actionable Advice:

  1. Embrace the Complexity: Seek out books that challenge you and resist easy summarization. These books often hold the most valuable insights and ideas. Embrace the complexity and allow yourself to dive deep into the text.

  2. Identify Frustrations: Pay attention to the frustrations and inconveniences you encounter in your daily life. These frustrations can be the catalyst for innovative solutions and entrepreneurial ventures. Look for opportunities to solve problems and make people's lives easier.

  3. Focus on Continuous Improvement: As Calendly expands its services, it recognizes the importance of continuous improvement. Consider ways in which you can enhance your products or services to better meet the needs of your customers. Strive to provide value beyond the initial solution by offering follow-up tools and features.

Conclusion:
The value of unsummarizable books lies in their ability to challenge and expand our understanding of the world. By embracing the complexity of these books, we can gain unique insights and perspectives. Similarly, the success of Calendly demonstrates the power of identifying frustrations and developing innovative solutions. By continuously improving and expanding their services, Calendly has become a $3 billion startup. So, next time you come across a book that resists easy summarization, remember that it may hold the key to unlocking new perspectives and ideas.

Sources

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