7 of 8 people found the following review helpful:
3.0 out of 5 stars
Title should be: "how to start and sell an enterprise software company", October 20, 2009
This review is from: Strategic Entrepreneurism: Shattering the Start-Up Entrepreneurial Myths (Hardcover)
I read this book over the last week as I'm about to embark on starting my company. My intent is to start an internet-based business, so this book was definitely seemed n interesting read.
The good:
- Quick, easy read
- Simple and good concepts (ie you *don't* need to be first mover!)
The bad:
- This guy started his own enterprise software company and he wants you to as well. He talks incessantly about the value of an enterprise customer over selling to the consumer space. Yet he doesn't touch on the downside: if you get that one company and they walk you are screwed!
- His examples are not correct a good chunk of the time. For example: he uses Apple as a success model for differentiating from Microsoft by building their own machines, conveniently omitting the fact Apple may have made a HUGE mistake by not licensing their OS to compete with windows from day 1.
- His laser-like focus on acquisition misses another path: grow your successful business and keep running it, or IPO and exit yourself. He highlights the sale exit but cleverly dismisses the others.
- He makes high-level blanket assertions like "build your product with your customer". Okay, great idea. How do I do that? Who do I call? He doesn't touch on the nuts and bolts at all.
I found this book to be useful about 40% of the time, and filled with platitudes the rest. I'm glad I read it at the library.
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8 of 11 people found the following review helpful:
1.0 out of 5 stars
Luckily this was a fast read!, January 14, 2009
This review is from: Strategic Entrepreneurism: Shattering the Start-Up Entrepreneurial Myths (Hardcover)
I worked for a start up that competed directly with Jon's company and basically crushed it in the marketplace. He never even mentioned us and the product he touted was only partially implemented by Wells Fargo, another thing he did not mention. I have been with five different companies that either went from private to public or in one case, the company that crushed Bharosa in the market, got sold. We went from standing start to over 8000 financial institution customers and 100 million users in less than 3 years. But, beyond all of this, the content of the book is so thin, it could have been 50 pages instead of 150. Luckily for me, I read the entire thing while watching a Warriors basketball game during time-outs, other breaks in the action and half-time. The "vision" of going after Wells instead of BofA because Wells was the recognized technology leader is BS since the real reason is that we had already signed BofA. In fact, BofA had surpassed Wells as the web banking technology leader once Wells was acquired by Norwest, with only the name remaining.
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1 of 1 people found the following review helpful:
5.0 out of 5 stars
Must read during the planning phase of your startup!, October 28, 2008
This review is from: Strategic Entrepreneurism: Shattering the Start-Up Entrepreneurial Myths (Hardcover)
Strategic Entrepreneurship does an amazing job of implicitly describing the new way to launch a venture. I am currently launching a high tech business and the info was amazing. I found myself scribbling notes on how the advice related to my business and came away with some great ideas. It was a quick read and I thoroughly enjoyed it. I only wish I would have read it a little sooner when we were still in the planning stages!
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