Showing posts with label entrepreneurshi p. Show all posts
Showing posts with label entrepreneurshi p. Show all posts

How to Sell What You Make Review

How to Sell What You Make
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How to Sell What You Make ReviewThe title of this book suggests that it is directed towards the crafter just starting out, but the wholesale trade shows it focuses on are out of reach for me. I recommend it for anyone interested in mass production for wholesale buyers, but if beginning crafteres are anything like me, shows like this are completely out of reach at this point. I was hoping for a book that would help with the issues I'm dealing with on a day to day baisis - like trying to start my business from scratch with no capital except from pieces I sell here and there; most of which must go into supplies for the next piece I'll sell, business cards, a good camera . . . etc. It's a bit outdated as well, and someone should inform the author that some of us do in fact remember macrame. (like the millions of hemp artists out there)How to Sell What You Make Overview

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Starting Them Up Review

Starting Them Up
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Starting Them Up ReviewThis book was really fantastic. I've read a very good share of books on entrepreneurship, and this is one of the best. I sought out this book because I specifically was looking for information and inspiration from "serial entrepreneurs"... and this is it. I have to be honest, I never heard of the author, Warren Struhl before... but wow, I should have. There is absolutely no doubt that he is an expert authority on being an entrepreneur - several times over. This guy has started, bought, and sold companies several times over to the tune of a couple hundred million dollars.
In particular, I liked this book because it is a first-hand account. It definitely includes lots of tips and what not, but its not a guide or a textbook. Its a real-life sorta autobiography of how a very successful businessman started many successful (and a couple not so successful) companies. I don't want to read about how someone "thinks" I should start a business - I want to read about how someone else actually did it, and what I can learn and be inspired by from that. This is it.
So why did this book leave me hungry? Well for one it was a great book that was hard to put down. But secondly, one of Warren's most successful companies is Popcorn, Indiana - and after reading night after night about kettle corn, I literally put the book down to go to Walgreens and buy a bag (see my uploaded picture, if you don't believe me). Yes its as good as he says. I have no affiliation with the author other than the fact that I'd love to work for or with him one day - he is a true real business leader for our times. I'm an active reviewer on Amazon and I was anxious to review this book as soon as I finished reading it. A must read for any entrepreneur or wanna-be.
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Rich Dad's Advisors®: The ABC's of Writing Winning Business Plans: How to Prepare a Business Plan That Others Will Want to Read -- and Invest In Review

Rich Dad's Advisors®: The ABC's of Writing  Winning Business Plans: How to Prepare a Business Plan That Others Will Want to Read -- and Invest In
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Rich Dad's Advisors®: The ABC's of Writing Winning Business Plans: How to Prepare a Business Plan That Others Will Want to Read -- and Invest In ReviewThis is a must-read book for anyone thinking about starting or expanding a business. Rather than simply another book about writing a business plan, Sutton makes the case early and often about why such a plan is needed - and it isn't always to raise money.
Sutton introduces the reader to Robert Kayosaki's Cashflow Quadrant. He points out that those in the E (employee) and S (self-employed) quadrants really focus on operating solo - and as a result have slim chances for building a business. Why? Because they are creating jobs for themselves for which there is no exit strategy. Those in the B (business) and I (investor) quadrants are team players and are always looking at how they remove themselves from the business situation - if and when they want to.
Sutton makes use of practical examples that help the reader understand the various aspects of writing the business plan - and why each part is critical. He emphasizes that it's okay - and perhaps preferable to get help on various parts of the plan - for example engineers can write and entire plan of 30-300 pages, but may find it difficult to boil it down to an effective one-page summary.
The book provides simple common-sense questions to answer that might be difficult for the would-be business plan writer to come up with alone. Questions like: Is the purpose of my business to make money and serve people - or to serve people and make money? The answer to this question is critical - and in the book he explains why.
He also provides simple, but powerful advice on the traditional SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats). He points out that many people struggle with this because they don't want to appear too full of themselves - or because they think that pointing out weaknesses dooms their chances for success and or funding. He powerfully points out that strengths should be common and compelling - that is the strength should exist in most all business of this type - but that you execute better than anyone else. He also helps the reader understand that weakness should be common rather than catastrophic.
Armchair Interviews says: A must read for business owners.Rich Dad's Advisors®: The ABC's of Writing Winning Business Plans: How to Prepare a Business Plan That Others Will Want to Read -- and Invest In Overview

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Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad's Advisors) Review

Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad's Advisors)
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Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad's Advisors) ReviewAlmost everyone will either start-up a new business or invest in one at some point. Almost all of these investments will be unsuccessful. Most people will think that they merely have their investment sums at risk. Take the wrong approach to structuring the investment legally, however, and your whole career and life savings can be at risk. If you carefully follow this book's advice, none of these investments will cost you anything more than you planned to lose in the worst case.
When Robert Kiyosaki was a youngster, he loved to read about the early explorers like Columbus and Magellan. His Rich Dad encouraged him to also study those who financed the explorers, to learn about how they managed their risk and reward to expand and protect their wealth. "Don't climb the corporate ladder, why not own the corporate ladder?" was other advice that Rich Dad gave. To do this, Mr. Kiyosaki advises you to "find a good attorney and use him or her as your advisor on this important subject."
Own Your Own Corporation does an excellent job of explaining the various advantages and disadvantages of C and S Corporations, Limited Liability Companies, and Limited Partnerships from the legal perspective of how to save money on taxes and protect yourself from successful attacks on your personal assets. I particularly liked the way that the usual legal gobbledegook was avoided, and the ideas expressed in clear, simple language.
As a lawyer, I felt that the work was highly accurate and well presented for a layperson. I was especially impressed with the very long appendix that outlined the legal circumstances in each state. On the other hand, the book makes it clear that you should get some legal and accounting help to make sure that you do things properly.
My complaint about the book comes from the lack of describing the other methods that can be used to protect an individual and a family from liability. Setting up the right business structure is just part of what needs to be done. Other assets need to be protected using other techniques such as trusts, and insurance can also play a helpful role in protecting you from mistakes.
In picking a legal advisor, I will also mention that many perfectly capable practitioners will not be familiar with this particular area of legal practice. So choose well, or you will not necessarily end up with the business structure you need. A good use of this book is to arm you with questions and background knowledge to help you test how current and experienced your potential legal advisor is. In fact, you may need more than one legal advisor to help you set up the optimum structures for your personal assets and your business activities.
Taking time to eliminate risks and taxes in advance is well worth your focus and investment!
Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad's Advisors) Overview

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Rich Dad's Advisors: Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them Review

Rich Dad's Advisors: Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them
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Rich Dad's Advisors: Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them ReviewThis book is written by a legal advisor.
Robert T. Kiyosaki did only wrote a foreword, the rest is written entirely by Garrett Sutton, the author of many business books (e.g. how to raise funds, how to write business plans and so on).
Although the book is not aimed to give you professional legal advice, it may be useful for those who do not have a business education, or for non-U.S. persons who would like to understand better the similarities and the differences between the business types in the U.S. and the country of origin of that person
This book gives great background on types of businesses in the U.S.: sole proprietorship, general partnership, limited partnership, S-corporation, C-corporation and the limited liability company (LLC). It also presents the strengths and weaknesses of each type. It also covers basic tax matters related to these types of businesses. It also covers benefits of Wyoming and Nebraska corporations in the income taxes. The book also describes how to open a corporation in a different state to get various benefits.
Another area of the book is devoted to asset protection: how to use corporations and LLCs to protect your property in legal disputes.
Besides describing the steps to create and to run a company, the book also helps you to avoid pitfalls of third-party services of registering a corporation for you.
The structure of corporate management is also covered briefly.
I was listening an audio version of this book, and found it very pleasant. I highly recommend an audio version for you too.Rich Dad's Advisors: Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them Overview

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