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

4.3 out of 5 stars 18 customer reviews

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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: 4.3 out of 5 stars  See all reviews (18 customer reviews)
  • Amazon Best Sellers Rank: #62,210 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By Robert Morris HALL OF FAMETOP 500 REVIEWERVINE VOICE on September 18, 2010
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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Format: Hardcover Verified Purchase
Few of the concepts are directly actionable without further reading to understand the details--in particular the limits of where and how each can be applied--ultimately the whole is much less than the sum of the individual one page chapters. Instead "Management: Tasks, Responsibilities, and Practices" by Peter Drucker, "Secrets of Consulting" by Gerald Weinberg, or "Effectual Entrepreneurship" by Saras Sarasvathy would be better choices depending upon your interests.
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Format: Kindle Edition Verified Purchase
This book didn't really hit a place that makes it an eye opener or worthy reminders. I could get most of these 101 pieces of learnt knowledge for free off the internet. It's more of a gift for people who really understand or went through business school. Some reviewers like the refreshers and up and comings. But it is like a "HA-HA" inside joke on most of the pages. I knew that I wouldn't buy this again so I bought it for my Kindle. Cheaper and it won't hog space on my book shelf. This book didn't help me to understand my classes better.

If I buy / bought the 101 law school one I bet it would be different because I know nothing from law school. Not worth the hard cover price in my opinion. It's a one read and done sort of deal.
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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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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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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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