Starting a business is easy; staying in business is an altogether different story. This guide reveals how to stay in business and be successful through such topics as understanding the psychology of failure and success, mastering money management, developing essential leadership skills, applying successful sales and marketing techniques, saving a business that is already in trouble and tapping into overlooked strategies for success. While many books deal with entepreneurshim, there are very few that look at how to avoid failing. This is an essential read for anyone risking life savings or plunging deeply into debt to start a new business.
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Editorial Reviews
Review
An excellent real world book. -- Bennie Thayer, President, National Association for the Self-Employed
Great book. -- Herb Myers, CEO, Boxlight Corporation, Inc 500 Hall of Fame member
Valuable guide full of sound counsel and wisdom. -- Dr. Louis Lataif, Dean, School of Management, Boston University
Great book. -- Herb Myers, CEO, Boxlight Corporation, Inc 500 Hall of Fame member
Valuable guide full of sound counsel and wisdom. -- Dr. Louis Lataif, Dean, School of Management, Boston University
About the Author
Dr. Paul E. Adams, aka Dr. Fail-Proof, is a successful entrepreneur who has also brought a business back from the brink of disaster. He taught entrepreneurship and business administration for over 20 years.
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Most Helpful Customer Reviews
3 of 3 people found the following review helpful:
4.0 out of 5 stars
Valuable, easy-to-read advice for start-up entrepreneurs.,
By A Customer
This review is from: Fail-Proof Your Business: Beat the Odds and Be Successful (Paperback)
This easy-to-read book, which focuses on avoiding the common mistakes made by most new business owners, also discusses the telltale warning signs of failure, how to deal with them and how to prevent potentially fatal problems. Adams offer basic financial tips--how to devise a simple cash analysis report, prepare a budget, put together a one-page financial statement and more--and touches on such topics as accounts receivable, profit margins, budgeting, cash management and collections. Adams, himself once on the brink of business failure, clearly and pointedly addresses the risks that concern all entrepreneurs, reveals the countless threats most have never considered, and shares some cogent counsel. This one is certainly worth a read.
3 of 3 people found the following review helpful:
5.0 out of 5 stars
A must-read book for the aspiring entrepreneur.,
By A Customer
This review is from: Fail-Proof Your Business: Beat the Odds and Be Successful (Paperback)
As a part-time, adjunct professor who teaches in the evening management courses and as a management consultant, I find that Dr.Adams avoids the conventional academic jargon and the everyday stuffiness frequently found in the management literature. He writes in a matter-of-fact, easy to read, conversational style. His vast experience based on his personal near-failures and those of others provide a wealth of worthwhile material. I encourage all who are contemplating entrenpreneurship to read this book. I intend to urge my college to make this book required reading for all management degree students. Additionally, I intend to integrate Dr. Adams's "points to remember," found at the end of each chapter, in my work as a management consultant as I assist CEOs and their organizations in enhancing their efficiency and effectiveness.
2 of 2 people found the following review helpful:
5.0 out of 5 stars
Insightful, informative and a great read...,
By A Customer
This review is from: Fail-Proof Your Business: Beat the Odds and Be Successful (Paperback)
...The concepts and ideas in this book have proven invaluable. Starting my first business, I avoided many of the failures other have experienced and have built this small company to a 5 million dollar a year operation thanks to the many insightful examples and passages. In particular, I was able to start the business with little cash, and by using my vendors credit, I was able to build the company without accumulating any long term debt. Its just great to have a guide to help you through the many complex issues in starting, growing and running a small company......Scott R. Adams - President and CEO - Digital Video Communications, Inc.
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