The American Dream [Paperback]

Dan Amzallag (Author)

Book Description

Publication Date: December 2, 2001

New Book Helps Young Entrepreneurs Become Corporate Titans

-- Financial Advice for Cash-Poor Business Leaders –

DATELINE – Got a great idea for a business or product, but strapped for cash? A new book helps bust the myths of corporate financing and offers young entrepreneurs the tools and know-how to buy or start a business without using any of their own money.

“The American Dream: How do you buy or start a business with none of your own cash”, by Dan Amzallag, uses real-world case studies and anecdotes to illustrate the strategies and resources required for business innovators to accomplish this objective. In addition, the book offers insights into the three key strategies necessary to purchase and start a business, including:

•Self-confidence in approaching sellers, bankers and government agencies

•Understanding of the seller’s perspective to better negotiate a purchase

•Knowledge of business concepts and how to apply them

The book explores options from acquisitions and takeovers using leverage to buy the business to understanding the seller’s behavior during negotiation. For example:

• How to use credit card to pay “down payments”,

• How to use the business's own receivables, either by borrowing against them from a bank or selling them, can bring in the cash you need for your down payment to the seller

• How to use negotiating techniques to close the deals on great terms.

“Many young entrepreneurs have the business ideas and know-how but not the financial acumen required to start up a business and live their dream,” said author Dan Amzallag. “My book uses simple terms that anyone can understand, regardless of whether they have an MBA or just a great idea. As a result, readers gain the tools and knowledge to become their own boss.”

Dan Amzallag has an MBA from the University of Texas and 8 years of experience as an entrepreneur and financial executive. “The American Dream: How do you buy or start a business with none of your own cash”, began as a thesis for his degree and evolved based on his own experience and insights gleaned from other entrepreneurs, consultants and financial experts.

Editorial Reviews

Review

" A wonderful , necessary and reliable book for anyone who desires to finance their own business" -- Opportunity World Magazine.December 14th 2001

"...a great instructional manual for anybody who has dreamed of running their own company. The perfect book for any entrepreneur" -- MOntgomery Sentinell,July 17th 2001

"...show[s] readers how to start or buy a business with the world's favorute asset---someone else's money." -- Washington Jewish Week, june 29, 2001

"A wonderful,necessary and reliable book for anyone who desires to finance their own business" -- Opportunity World Money magazine,june 15th, 2001

From the Publisher

Realistically, the audiences for this kind of publication are mostly business-oriented people who wish to find other possible avenues for achieving their goals than those traditionally offered to them. The aim of this book is to inform the public, the entrepreneurs among them, of how they may obtain the information that is critical to their success. I would like to present strategies that will be understandable to most entrepreneurs and business-oriented minds. I would like to open the eyes of the readers to the new strategies which are available and can be used at any time and in many situations. The objective is to enable the readers to have the opportunity to join those who own their own businesses and are successful. Nowadays, anyone can buy or start a business by being supported and financed by venture capitalists. It will show them how to obtain this information and what other avenues exist for motivated entrepreneurs to get businesses going without using! their own money.

The primary audiences will be individuals with entrepreneurial spirit who want to make a positive change in their lives but don't really know where to start or what strategies to use. This would include any individuals opposed to working for someone else and who have great ideas to start new ventures, as well as entrepreneurs who are seeking to buy an existing business but who do not have the capital to do so. Additionally, it is addressed to current and former employees of a company who desire to buy out their employer.

The secondary audience consists of curious and intelligent entrepreneurs who currently own a business and are skeptical of the concept of purchasing a business without using their own money. These individuals will be interested for curiosity’s sake and will apply the techniques detailed in the book once they understand that they are possible and practical.

The third audience is comprised of educational institutions. Students would purchase a copy of the book to find out the reality or reliability of the strategies. Instructors would be interested in using this book as a means towards teaching leveraging techniques in their business classes. Any other professional associations such as “Entrepreneur Magazine” will be interested in using this book as an example for future seminars.

See all Editorial Reviews

Product Details

• Paperback: 210 pages
• Publisher: ProAce Publishing (December 2, 2001)
• ISBN-10: 0968864406
• ISBN-13: 978-0968864401
• Product Dimensions: 8.2 x 5.1 x 0.5 inches
• Shipping Weight: 11.2 ounces
• Amazon Best Sellers Rank: #6,219,143 in Books (See Top 100 in Books)