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Lucky Or Smart?: Fifty Pages for the First-Time Entrepreneur [Paperback]

Bo Peabody
4.4 out of 5 stars  See all reviews (5 customer reviews)

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Book Description

November 11, 2008
At twenty-seven, Bo Peabody was an Internet multi-millionaire. He has co-founded five different companies, in varied industries, and made them thrive during the best and worst of economic times. Through it all, the one question everyone asks is: Was it his smarts that made him an entrepreneurial leader, or was it just plain luck? The truth is, Bo was smart enough to know when he was getting lucky. And he wants you to have the same advantage. With proven methods for success and a witty, conversational voice, Bo takes the reader through the lessons his experiences as an entrepreneur have taught him. At the heart of Bo's manifesto is a mantra that everyone, whether working for a multinational corporation or a solo start-up, should heed: If you want your business to be successful, make sure your work is fundamentally innovative, morally compelling, and philosophically positive. Lucky or Smart? will teach you how to put yourself in a position to get lucky, create the right situations for success, and take advantage of every opportunity. It is the first truly authentic guide to an entrepreneurial life, a must read for anyone looking for his or her own road to fulfillment.

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Editorial Reviews

Review

In 80 pages of entertaining reading, Bo gets down to the essence of entrepreneurial success in a direct and candid manner. I've been involved in venture capital for over 15 years and worked with hundreds of teams and think Bo has hit the nail on the head.

Bo's insights as both and company founder and now a venture capitalist are right on the money and will resonate with those born with the entrepreneur gene everywhere. It's not a how-to manual but it will focus your thinking on what you need to do to improve your chances for entreprenurial success in your current or next business venture.

Successful entrepreneurs and their venture capital investors will find themselves nodding in agreement on almost every page. If you don't find yourself doing the same when you read it, give a copy to a successful entrepreneur or venture capitalist that you know and trust, then ask their opinion.

An essential read for every entrepreneur. --Paul McManus (Boston, MA USA)

Review

This is one of the best business books I've ever read. It conveys highly insightful, meaningful ideas in a remarkably concise and common-sense way. No droaning on with complex business models or contrived new management theories. Peabody simply shares his views of what makes a successful entrepreneur and manager, and the importance of understanding the value of diverse personalities and skill sets. The ideas it contains are motivating, entertaining and invaluable. I've purchased several copies for colleagues. I highly recommend it.

Product Details

  • Paperback: 78 pages
  • Publisher: BookSurge Publishing (November 11, 2008)
  • Language: English
  • ISBN-10: 1439210101
  • ISBN-13: 978-1439210109
  • Product Dimensions: 7.6 x 4.8 x 0.3 inches
  • Shipping Weight: 10.4 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #569,227 in Books (See Top 100 in Books)

Customer Reviews

4.4 out of 5 stars
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4.4 out of 5 stars
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Most Helpful Customer Reviews
1 of 1 people found the following review helpful
4.0 out of 5 stars Short, engaging and informative. April 11, 2010
Format:Paperback
Bo Peabody is a successful entrepreneur, in this short engaging book he describes some of his experiences and tells us what he has learned. He answers the perennial question of whether or not he was lucky or smart by saying he is smart enough to know that he was getting lucky.

The book makes no pretense of being a scholarly work, there are no citations, there is not even and index. This is explicitly the authors experience and opinions. None of his advise was surprising. All of it was clearly and well explained; usually with an entertaining anecdote.

This short book is definitely worth reading for any would be entrepreneur, but is also worthwhile to anyone contemplating working at a start up. In fact it is an interesting read for most anyone.
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1 of 1 people found the following review helpful
5.0 out of 5 stars Brief Bullseye! January 19, 2009
Format:Paperback
I saw there was only one review and had to add my two cents. I actually listened to the CD version and didn't have high expectations from a 2-CD publication. I was very impressed though with the no-fluff info and examples that Bo Peabody gives. He outlines a few important priciples and pitfalls that visionaries need to know before starting a business. He doesn't get caught up in ego and personal accomplishment like some of the big names in the business community. I read or listen to about 50 books a year, mostly on business and personal improvement. I think this book is an absolute must-read for anybody that thinks they are (or wants to be) an entrepreneur. This book will either correct your fantasy or help you on your way.
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5.0 out of 5 stars one of the best books I read in 2013 June 15, 2013
Format:Paperback|Amazon Verified Purchase
very cool book! worth reading. short, smart, has good positive energy, very motivational.
I love this book and will recommend it to friends.
good purchase.
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4.0 out of 5 stars A First-read for the First-Time Entrepreneur May 4, 2013
Format:Kindle Edition|Amazon Verified Purchase
This book is interesting enough if you haven't read a lot of other start-up or entrepreneur books. I like the tone, the quickness and the good choices of anecdotes and advice.
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4.0 out of 5 stars Story of a dot-com entrepreneur who lucked out December 18, 2008
Format:Paperback
Bo Peabody is a lucky guy indeed. He founded Tripod and sold it to Lycos in 1997 for $58 million in stock, even though his company never made a profit. He was restricted from selling his stock for two years, during which the value increased tenfold. After the lockup period expired, he sold his stock at the peak of irrational exuberance.

Bo describes himself as a B-student who surrounded himself with A-students. His original idea for Tripod was a nonstarter, but his staff developed a homepage builder which quickly gained traction - eventually 1 million registered members.

"Start a company that is fundamentally innovative, morally compelling, and philosophically positive. Create an aura of authenticity around your start-up by carefully crafting your mission and communicating it with charisma and passion. Your company will attract smart, inspired people who will work very hard... Provide them with a clear action plan and give them the latitude to exercise their creativity."

In a down-to-earth style, Bo says: Don't believe your own press. Learn to love the word no. Always be gracious. And know what you don't know.

Think of this as an autobiography with insights into life in a start-up, rather than a repeatable formula - the chances of selling your unprofitable venture for $58 million are between slim and none.

I like that this book is short. He says what he has to say in 50 pages without padding it to fill a quota, like so many 200-page books out there. The book gets four stars. What could be more appropriate for a B-student?
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