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101 Things I Learned in Business School Hardcover – May 20, 2010

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Editorial Reviews

About the Author

MICHAEL PREIS has served as an executive for several companies, consulted to numerous businesses and designed a successful consumer product. He currently teaches marketing at the University of Illinois. He holds a Ph.D in Business from The George Washington University and an MBA from Harvard. His expertise includes sales performance, industrial marketing, retail dynamics, and organizational strategy. His research has been published in numerous journals.
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Product Details

  • Series: 101 Things I Learned
  • Hardcover: 212 pages
  • Publisher: Grand Central Publishing; 1 edition (May 20, 2010)
  • Language: English
  • ISBN-10: 0446550280
  • ISBN-13: 978-0446550284
  • Product Dimensions: 5.2 x 1 x 7.2 inches
  • Shipping Weight: 8 ounces (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (13 customer reviews)
  • Amazon Best Sellers Rank: #57,476 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

Format: Hardcover
What we have in this easy-to-dismiss book (because of its cutesy title and unorthodox shape) is a collection of remarkably interesting, in some instances valuable insights or explanations provided by the co-authors, Michael W. Preis and Matthew Frederick, who presumably learned more than 101 "things" (a useless word when you think about it) within and beyond a business school community. Preis and Frederick stick to business basics with this approach: following an assertion ("X is...." or "Y is not necessarily...."), they provide a brief but insightful delineation that corrects or modifies a misconception. For example:

"Not all capital is economic." (#5)

"A mission or vision statement that is impossible to disagree with might not be saying much of significance." (#15)

"Cannibalize your own sales." (#27)

"Profitable, fast growing companies can be chronically short of cash." (#38)

"Promoting the best performer to manager is often a mistake." (#67)

"Sacrifice the trivial few for the vital many." (#77)

"Obsolete does not always mean useless." (#81)

After each of these and the other 94 "things," Preis and Frederick offer a brief explanation of the given assertion's significance. None offers a head-snapping revelation but together, throughout the sequence in which they are presented, the "nuggets" provide a thought-provoking and informative briefing on key business concepts, issues, and concerns.

I urge those who share my high regard for this book to check out these, listed in alpha order:

The Future of Management
Gary Hamel

Hard Facts, Dangerous Half-Truths and Total Nonsense: Profiting From Evidence-Based Management
Jeffrey Pfeffer and Robert I.
Read more ›
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3 of 3 people found the following review helpful By Amazon Customer on September 13, 2010
Format: Hardcover
I perused this book in a Barnes & Noble. I read up to the 70th point. I don't have time for a full on review but I just wanted to inform potential readers that it is in fact an excellent resource especially for people who are into business and entrepreneurs.

I was worried that too many statements would've been too plain or general, albeit some were, most were very interesting things to note.

I'm going to look up on my iPad if there's an ebook version.

Great read
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1 of 1 people found the following review helpful By Daniel Estes on October 15, 2010
Format: Hardcover
This book is an excellent primer if you, like me, wished you had taken a Business 101 course but never got around to it. It is part conventional wisdom and part how to adapt to an ever-changing world.

Right from the start, the most startling realization is that the term "business" is simply a collection of many interconnected subjects such as accounting, marketing, finance, organizational behavior, etc.

Some of my favorite bits of wisdom include: There's a trolley every 15 minutes. (i.e. It's better to wait for a good business opportunity than to invest your time and money in a bad one out of fear.) People buy copy machines because they need copies, not because they want a copy machine. (i.e. People buy things to solve problems so sales should primarily address the problem and not the product.) Hire your own boss. (i.e. Being good at a particular task rarely means you'd be good at managing a group performing the same task.)

The best advice is probably "If you want to be a good leader, you must be a good reader." This statement attests to the ever-important skill of adaptability and ongoing education.
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1 of 1 people found the following review helpful By Dan on September 3, 2013
Format: Hardcover Verified Purchase
Precise, memorable, accurate and cleverly written. I enjoy the approach and spot on topic evaluation. Will order additional copies for friends.
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By tcobMbluenote on June 22, 2015
Format: Kindle Edition Verified Purchase
Owning a design - build custom homes and light commercial contracting business, providing land planning and development, and involved in real estate, this book certainly helps my 17 year old high school student to get a foot in the doors, and be advanced as we move along with his plans to be a part of our company, and one day being the CEO.

For the same reasons, I also bought 2 others - 101 Things I Learned in Architecture School and Engineering School, and The Art of Construction, being my son loves and does well in Art. .
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Format: Hardcover
This is a fun little book. Every time I'd open it up to read a few pages, I found it hard to put down and wound up reading much more than I planned. While the book may not produce Eureka! moments for readers already somewhat versed in business, it still contains many useful nuggets of business insight and wisdom, presented in an engaging way. A good book for newbies to get a sense of what business is about, and for veterans to take a step back and survey the big picture of business.
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By Nancy E Schriner on June 17, 2013
Format: Hardcover Verified Purchase
Took a while to get to me, some bumps along the way, but it was the book I needed for my daughter
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