The Business Plan Is Dead Review

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The Business Plan Is Dead Review
This is definitely a MUST READ for anyone starting a business, as well as those looking to raise capital. Being privileged to have worked in several different industries as a financial consultant, I thought I knew all there was to know or at least enough. BOY WAS I WRONG! My business partner and I just completed a business plan which in turn took six weeks of work. After reading the Business Plan Is Dead, I realized what was done in six weeks could have been done in three and been much more effective. This book has given me a different perspective and approach on writing a business plan. THIS IS A GREAT BOOK !!!!!!!!!!!The Business Plan Is Dead Overview

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Pink Slip to Product Launch in a Weak Economy: Small Business Advice from a High School Dropout Who Landed Her Sweets on Retail Store Shelves-and How You Can Too Review

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Pink Slip to Product Launch in a Weak Economy: Small Business Advice from a High School Dropout Who Landed Her Sweets on Retail Store Shelves-and How You Can Too ReviewAbsolutely loved this book...from beginning to end, I enjoyed it all around. I just loved every inspirational quote she had put in the book. To hear her story is just the thing I needed to keep me focused on my path of success. She lead me to believe that if she came this far, then so could I. Where there is a will, there is a way. Definitely recommend this book for others to read. Enjoy...Pink Slip to Product Launch in a Weak Economy: Small Business Advice from a High School Dropout Who Landed Her Sweets on Retail Store Shelves-and How You Can Too Overview

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Entrepreneur Journeys: Bootstrapping: Weapon Of Mass Reconstruction (Volume 2) Review

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Entrepreneur Journeys: Bootstrapping: Weapon Of Mass Reconstruction (Volume 2) ReviewHaving been near the front lines of the dot-com boom (and bust), I remember how much money was being thrown around at ideas that were utterly ridiculous. And if you could get venture capitalists to fund you long enough, you could then shift to an IPO and cash out for big bucks. Those days are gone, and now you have to be much more self-sufficient to get yourself started and maintain your momentum. Sramana Mitra looks at a number of entrepreneurs who have gone the bootstrapping route with great success in her book Entrepreneur Journeys: Bootstrapping: Weapon Of Mass Reconstruction. This is a good source of personal stories and input on how to do it on your own without giving up control of your idea and hard work.
Contents:
Prologue
Doing More With Less: The Real VCs Of Silicon Valley; Fund Envy; Bootstrapping, Montana Style (Greg Gianforte - Right Now)
Getting Started with Little or No Capital: Passion and Leverage (Cree Lawson - Travel Ad Network, Beatrice Tarka - Mobissimo), Barack Obama's Finance Lesson (Om Malik - GigaOM, Rafat Ali - paidContent, J. R. Johnson - Virtual Tourist, Guillaume Cohen - Veodia, Wayne Krause - Hydro Green Energy); Weapon of Mass Reconstruction (Scott Wainner - SysOpt & ResellerRatings, Ramu Yalamanchi - hi5)
Validating The Market - On The Cheap: Carts Ahead of Horses (Murli Thirumale - Ocarina, Manoj Saxena - Webify)
Resurrecting The Dead: Silicon Lazarus (Lars Dalgaard - SuccessFactors)
Epilogue
Mitra structures Entrepreneur Journeys as a series of interviews with people who have started businesses and willingly (or unwillingly) went without massive funding for the first part of their histories. The ranges of personalities are rather astonishing... everything from veterans of startups who have "been there, done that" to youngsters who happened to be at the right place at the right time, and organically grew an idea into a money-generating website. Some of the individuals couldn't get a venture capitalist to listen to them, and others decided not to go that route in order to retain control. But in all cases, these entrepreneurs were able to successfully negotiate that tightrope between growth and funding.
While I learned a lot from each of the interviews, I also found Mitra's commentary quite valuable. She points out a number of flaws in our current VC mindset that cause many good companies to die off too early. Running a company for the first time is hard, and mentoring is even more valuable in many cases than money. Normal VC arrangements don't do a good job in close mentoring. Instead, it's a push to build up the value so the VCs can cash out. Angel investors are more likely to work closely with the business, helping them reach their potential without sacrificing the longer-term potential of the business. Very valuable advice...
If you're starting your own business in the technology industry, Mitra's book might well give you some perspective on initial funding that you may not have considered. And given what's at stake, you will want to take the couple of hours you'll need to read this.Entrepreneur Journeys: Bootstrapping: Weapon Of Mass Reconstruction (Volume 2) Overview

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The Power of Impossible Thinking: Transform the Business of Your Life and the Life of Your Business Review

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The Power of Impossible Thinking: Transform the Business of Your Life and the Life of Your Business ReviewWho says I am not capable of change?
When I first say this book I was turned off by what I perceived as its "positive thinking power" approach. I am glad I did not stop there. A careful reading revealed the book to contain a systematic process which helps define the importance of mental models, assess their relevance and steps for action.
The authors propose a four step process for assessing and changing your models.
1.Recognize the power and limits of mental models.
2.Test the relevance of your models against the changing environment, generate new models and develop an integrated portfolio.
3.Overcome change inhibitors by reshaping infrastructure and thinking.
4.Transform your world by quick action. Continuously experiment, assess and strengthen your models.
This fourth point, the authors say, is accomplished by "zooming in" and "zooming out." Zooming in is a process that involves focusing of a situation's details without being over whelmed by them. The process includes these approaches:
1.Engage in rigorous analysis. Pay attention to outliers and inconsistencies.
2.Categorize and Prioritize. Categorize by similarity, common fate and continuation.
3.Avoid Paralysis caused by too broad a focus.
Zooming out allows you to look at the big picture. It is accomplished by:
1.Recognizing the limits of your vision field.
2.Avoid Cognitive fixation.
3.Appreciate the context.
4.Create time for reflection.
5.Use many approaches.
6.Collaborate.
The models you adopt shape your approach to life. The dot-bomb bubble provides interesting lessons, the authors say.
1.Understand your models.
2.Know when to change. Do not get swept away with fads.
3.Recognize that paradigm shifts are a two-way street. Old models have value in an e-commerce world.
4.Develop a new way to see and perceive.
5.Mine nuggets of sense from streams of complexity.
6.Experiment.
7.Bridge disconnects.
8.Examine your infrastructure.
9.Trust your intuition - but have the courage to challenge it.
To change your world, you have to change your thinking. This book is a thoughtful, systematic approach expanding your personal and business opportunities.The Power of Impossible Thinking: Transform the Business of Your Life and the Life of Your Business Overview

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