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EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches

EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches

byDave Ramsey
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Top positive review

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Fr. Charles Erlandson
4.0 out of 5 starsSolid Work on Leadership in Business: Very Good, But not Great
Reviewed in the United States on September 20, 2011
Even though I'm not a businessman, I'm very interested in leadership and have read a lot of works on leadership. I've also learned so much from Dave Ramsey's Financial Peace University that I thought surely Dave's newest work, "EntreLeadership" would be worth my money.

"EntreLeadership," is a good book on leadership in business. But I don't feel it's a great one. He has, as always, a lot of good practical knowledge that he's willing to share with us. But it's usually not something I haven't read elsewhere in books on leadership or related literature. So, yes, the book's probably worth buying, but it didn't seem to be as excellent in its genre as is Dave's "Financial Peace." There is a lot of excellent basic material here on leadership, goals, organization, working with people, etc. But it's not especially original or compelling. And it's not very in-depth, largely because Dave deals with so many topics all in one book. Still, "EntreLeadership" is a good, one-stop place for good, basic advice on many subjects related to leadership and business. Almost everyone will find something of value in it, especially businessmen looking for a proven, practical vision with integrity.

What Dave shares in this book is his "playbook" for business success, divided up into 15 topics.

Dave sets out first to define what an "EntreLeader" is. It's kind of an ugly word, but Dave feels that what he wanted in business from himself and others was people who had the good characteristics of both leaders and entrepreneurs. So what is an EntreLeader? I'm glad you asked! According to Dave, they're people who can be:
Passionately serving
Mavericks who have integrity
Disciplined risk takers
Courageous while humble
Motivated visionaries
Driven while loyal
Influential learners

Dave concludes Chapter 1 by discussing some of the characteristics of leaders, such as power, the need to be servants, and passion. There's some good stuff here, but it's not really original or uniquely compelling.

In Chapter 2, Dave walks us from Dreams to Visions to Mission Statements and Goals. Again, there's good wisdom here, but it's not really unique, and he doesn't spend a lot of time on each. He spends the most time on goals (I won't rehearse what he says here), and it's good material that almost anyone will benefit from. But once again, it's not groundbreaking or original stuff you can't get elsewhere.

Chapter 3 deals with time management and organization. This is something I'm naturally good enough at but not nearly as good as I ought to be. So I learned some new tricks in this chapter - or, more accurately - was motivated to make a better effort to apply what I already know.

The rest of the chapters follow suit in giving good and even excellent advice, but possibly material you've heard before. I have less experience with business than with leading or dreaming, so I can't speak as specifically to the parts that deal specifically with business (such as Chapters 7, 13, and 14). But from what I can tell, they're good solid material for running a business, if that's what I did. I particularly like the chapter on selling (such as Chapters 7, 8, 11, and 12) because in these chapters Dave shows how business can be done with integrity. I like as well the way that throughout he demonstrates a genuine interest in the people who work for him (this especially came out in a touching story in Chapter 7 about someone Dave hired who couldn't live off the salary he could afford to pay her) and those he is serving. These chapters, dealing with people, are probably his strongest chapters because he highlights the need to serve the people around you and not exalt yourself at their expense.

A lot of what Dave says applies, even if you're not in business. For example, any leader can benefit from Dave's philosophy in Chapter 11 that as leaders we must put people first and that the way to judge this is by the Golden Rule. It's good advice to remember, as he teaches in Chapter 12, that we should remember to recognize people. I know that personally, I thrive on appropriate and deserved recognition. In Chapter 12, Dave provides a list of various ways we can actually do this for others. Most of these, such as casting a vision, storytelling, passion, and example, are ways of recognizing others that you could use outside of business, too.

There's much more I could say, but by now you've gotten an idea of the value of the book.

The remainder of the book is organized this way (I'm giving the gist of each chapter, and not the fancy titles):

Chapter 4 - Making Decisions
Chapter 5 - Great Marketing
Chapter 6 - Launching Your Dream
Chapter 7 - Hiring and Firing
Chapter 8 - Selling by Serving
Chapter 9 - Financial Peace for Business
Chapter 10 - Great Communication and Great Companies
Chapter 11 - People Matter Most
Chapter 12 - Recognizing and Inspiring Employees
Chapter 13 - Contracts, Vendors, and Collections
Chapter 14 - Compensation Plans
Chapter 15 - Delegating

I recommend "EntreLeadership" as a good, big picture, book that will help leaders and businessman lead and innovate with greater integrity and skill.
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130 people found this helpful

Top critical review

All critical reviews›
AdamMVega
3.0 out of 5 starsIf it didn't have Dave's name on it, this would not have such glowing reviews.
Reviewed in the United States on February 22, 2012
Full disclosure - I love Dave Ramsey and I believe his teachings are beyond beneficial to the often jaded public of today. I would recommend his work to nearly every person out there, but if brand new and interested in running a business I think "Financial Peace" is the way to go, compared to this one. "Entreleadership" was not a bad book by any means; it provided classic Dave Ramsey insight and addresses a gap in business that is often overlooked. Having said that, "Entreleadership" would be a mediocre business/entrepreneurial book at best, but is receiving RIDICULOUS claims in these reviews simply because it says Dave Ramsey on it. If you're like me and interpret the word "entrepreneur", however incorrect it may be, as meaning a relatively small or upstart business where the owner is just scrapping for everything they get, then this book is not for you; not right now at least. I stated earlier that this book addresses a gap in business, and it does, but not for a "small" business. I feel this book is directed to a small business that is rocketing towards major corporate stardom and thus at risk of losing its identity, its connection with their employees, and the manager losing their own identity. Much of the content in this book would have been nicely stated in a chapter or two in a more detailed startup book because if you want to run a team you should know this stuff. So if you are thinking this is a book that will help you in starting and running a small business, think again. But if you are an established small business and losing your identity (or afraid of one day losing your identity) then I highly recommend this book. And if you're just interested in business and want a book to read then pull the trigger, all of Dave's works are worth reading at least once.
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From the United States

Fr. Charles Erlandson
4.0 out of 5 stars Solid Work on Leadership in Business: Very Good, But not Great
Reviewed in the United States on September 20, 2011
Verified Purchase
Even though I'm not a businessman, I'm very interested in leadership and have read a lot of works on leadership. I've also learned so much from Dave Ramsey's Financial Peace University that I thought surely Dave's newest work, "EntreLeadership" would be worth my money.

"EntreLeadership," is a good book on leadership in business. But I don't feel it's a great one. He has, as always, a lot of good practical knowledge that he's willing to share with us. But it's usually not something I haven't read elsewhere in books on leadership or related literature. So, yes, the book's probably worth buying, but it didn't seem to be as excellent in its genre as is Dave's "Financial Peace." There is a lot of excellent basic material here on leadership, goals, organization, working with people, etc. But it's not especially original or compelling. And it's not very in-depth, largely because Dave deals with so many topics all in one book. Still, "EntreLeadership" is a good, one-stop place for good, basic advice on many subjects related to leadership and business. Almost everyone will find something of value in it, especially businessmen looking for a proven, practical vision with integrity.

What Dave shares in this book is his "playbook" for business success, divided up into 15 topics.

Dave sets out first to define what an "EntreLeader" is. It's kind of an ugly word, but Dave feels that what he wanted in business from himself and others was people who had the good characteristics of both leaders and entrepreneurs. So what is an EntreLeader? I'm glad you asked! According to Dave, they're people who can be:
Passionately serving
Mavericks who have integrity
Disciplined risk takers
Courageous while humble
Motivated visionaries
Driven while loyal
Influential learners

Dave concludes Chapter 1 by discussing some of the characteristics of leaders, such as power, the need to be servants, and passion. There's some good stuff here, but it's not really original or uniquely compelling.

In Chapter 2, Dave walks us from Dreams to Visions to Mission Statements and Goals. Again, there's good wisdom here, but it's not really unique, and he doesn't spend a lot of time on each. He spends the most time on goals (I won't rehearse what he says here), and it's good material that almost anyone will benefit from. But once again, it's not groundbreaking or original stuff you can't get elsewhere.

Chapter 3 deals with time management and organization. This is something I'm naturally good enough at but not nearly as good as I ought to be. So I learned some new tricks in this chapter - or, more accurately - was motivated to make a better effort to apply what I already know.

The rest of the chapters follow suit in giving good and even excellent advice, but possibly material you've heard before. I have less experience with business than with leading or dreaming, so I can't speak as specifically to the parts that deal specifically with business (such as Chapters 7, 13, and 14). But from what I can tell, they're good solid material for running a business, if that's what I did. I particularly like the chapter on selling (such as Chapters 7, 8, 11, and 12) because in these chapters Dave shows how business can be done with integrity. I like as well the way that throughout he demonstrates a genuine interest in the people who work for him (this especially came out in a touching story in Chapter 7 about someone Dave hired who couldn't live off the salary he could afford to pay her) and those he is serving. These chapters, dealing with people, are probably his strongest chapters because he highlights the need to serve the people around you and not exalt yourself at their expense.

A lot of what Dave says applies, even if you're not in business. For example, any leader can benefit from Dave's philosophy in Chapter 11 that as leaders we must put people first and that the way to judge this is by the Golden Rule. It's good advice to remember, as he teaches in Chapter 12, that we should remember to recognize people. I know that personally, I thrive on appropriate and deserved recognition. In Chapter 12, Dave provides a list of various ways we can actually do this for others. Most of these, such as casting a vision, storytelling, passion, and example, are ways of recognizing others that you could use outside of business, too.

There's much more I could say, but by now you've gotten an idea of the value of the book.

The remainder of the book is organized this way (I'm giving the gist of each chapter, and not the fancy titles):

Chapter 4 - Making Decisions
Chapter 5 - Great Marketing
Chapter 6 - Launching Your Dream
Chapter 7 - Hiring and Firing
Chapter 8 - Selling by Serving
Chapter 9 - Financial Peace for Business
Chapter 10 - Great Communication and Great Companies
Chapter 11 - People Matter Most
Chapter 12 - Recognizing and Inspiring Employees
Chapter 13 - Contracts, Vendors, and Collections
Chapter 14 - Compensation Plans
Chapter 15 - Delegating

I recommend "EntreLeadership" as a good, big picture, book that will help leaders and businessman lead and innovate with greater integrity and skill.
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Kendal Brian Hunter
5.0 out of 5 stars One-volume MBA
Reviewed in the United States on October 10, 2011
Verified Purchase
My background is in history, and I am a freelance writer. So why on earth do I need this book?

Simple.

May of the principles that apply to running a business also apply to running your life. For example, chapter 2 focuses on dreams, mission and purposes statements, and the like. Everyone, including freelance writers, need to have a solid grip on what their purposes is. Like "
Fiddler on the Roof ," each of us must determine "who he is and what God expects him to do."

And chapter 3 is about time management and prioritization. Freelance writers, as all other people, need to know what comes first, what come second, and what the big things are in in life. Are we doing the most important things we need to be doing day by day?

Chapters 8 and 10 also apply to me. They focuses on salesmanship, and marketing. Ramsey proclaims that the key to marketing is service. If you serve people, then sales will take care of themselves. Writers sell their articles and books and manuscripts. The sale pattern--qualification, rapport, education/information, close--can help writers, or anyone, get heir message and manuscript out in the open (167).

And chapter 9, on money and budgets. Freelancers have irregular income. Therefore we need to take special care to have our cash flow under control, and that we are sticking to the irregular income budget.

So the key things is to find relevant principles, and see how they apply to your work. A person like me can even use the latter chapters that focus on the nuts-and-bolts of running a business. This is the concept of "YOU, inc."

One of the books sportiest features are the smart-phone videos. Those newfangled 3D bar codes are in the book. And, if like me, you do not have newfangled gizmos, you can get the videos online. An upgrade from the DVD in Covey's book.

The book does have some weaknesses. In 
Good to Great and the Social Sectors: A Monograph to Accompany Good to Great , Jim Collins makes the point that business thinking may not be the answer for private-sector or religious-sector problems. So must must adapt things. This book has the same weakness, but also the same potential--if we are astute.

Another has to do with wisdom. Although Ramsey warns us no to "freak out" and assets that "you are not about to enter the Christian theology of business zone" (3)(
Business By The Book: Complete Guide of Biblical Principles for the Workplace ), he has 8 quotes from Proverbs--which is Jewish scripture ( Thou Shall Prosper: Ten Commandments for Making Money ). He has the same ticklishness that Covey has with his Mormonism: their values drive their books and success, but they are shy about "coming out of the closet."

Also, this book does not discuss wisdom. Dave has wisdom, and he seeks wisdom (86), but he does not talk about wisdom as part of his success. Compare this to Covey's "
The 8th Habit: From Effectiveness to Greatness ," which proclaims that the Information Age with give way to the Wisdom Age. Wisdom is crucial, since it is the basis for mission statements and prioritization.

When I set this book down, I had the feeling that I had just read a one-volume MBA.

And that may be true.
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Steve Burns
5.0 out of 5 stars Business Building from the ground up
Reviewed in the United States on October 23, 2011
Verified Purchase
If you are looking for some gimmick leadership principles that claim to be able to change the world you will be sorely disappointed in this book. However if you want to know how an entrepreneur climbed out of bankruptcy and took a business from his kitchen table to become a multimillion dollar nationally known brand with hundreds of employees this is the book for you.

Much like his personal finance books, Dave's EntreLeadership book is packed full of principles that are at their core common sense but when followed can change your circumstances and your life. How can this be so? The vast majority of us our driven by our emotions, feelings, and ego, so common sense becomes uncommon for the majority of people. Dave Ramsey's skill is to bring us back to reality and ask that we use principles that work not our personal opinions.

EntreLeadership is combining the entrepreneurial spirit with managers and leaders in business. Not just the owner but with every employee that works there. Dave prefers to call managers:leaders and employees:team members. He really hates the idea of a run of the mill employee just punching the clock and getting by doing the least amount possible to still get paid. He expects each team member at his company to own his job and hold them responsible for their personal impact on sales, profits and controlling expenses. He believes in rewarding these team members with monthly profit sharing and great pay, but at the same time he has zero tolerance for laziness, tardiness, under performance,theft, and even employees that cheat on their spouses. If the spouse can't trust them how can he?

He takes us through the gauntlet of hiring, training, holding employees accountable, coaching, leading, cheer-leading, firing, motivating, inspiring, and creating a great work environment. How to handle your employee when they are going through a crisis or drama. Nipping gossip in the bud and setting the right example for your team. Anyone who thinks this is all easy stuff has likely never managed a business and definitely never owned one. This is tough stuff in the real world out side of academic theories and consulting.

With true life battle stories from his business and life Dave walks us through how he really built his business from the ground up and continues to win to this day. This is not your run of the mill leadership book this is real life, these are not opinions or ideas this is his guidebook he wrote while winning where most fail.

(I have been listening to Dave Ramsey on the radio since he began in Nashville 18 years ago, his personal finance advice has changed my life and really showed me how to achieve all my financial goals, this book could do the same for wanna be entrepreneurs.)
5 people found this helpful
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jo
5.0 out of 5 stars Unlike any "how-to" books, it speaks to your soul and so spiritual.
Reviewed in the United States on June 3, 2018
Verified Purchase
My younger friend was on the brink of depression about her MLM business and chaos about her employees. So I ordered this book for her.
As she's not keen in English I had to read it first and convey the lessons to her later. But I was the one who got my eyes opening because of the book.

As usual, the strength of Dave Ramsay is his great writing style. You feel like he was talking to you heart to heart, one on one. No high vocabulary, no non-sense. But what astonishes me so much is his spiritual insight on business. I never read or encounter any business mentors who teach these spiritual insights before.

1. "Start with the dream, end with the goal"
Dreams are good but in the end your goal must be very clear since day 1. That's when dreams become visions.

2. "Setting CORE GOAL of your business"
CORE means the values inside you. What you truly want your business to accomplish. For example my friend's business is lingerie. She needs to find her business core goal, such as, "self-love" or "make women feel beautiful and worthy".

Dave's core goal is not only giving lessons on debt and entrepreneurship to people but give them HOPE. Hope is Dave's company's core goal and when the book sellers deliver his books to people they deliver "hope".

3. "Hire people with the SAME VALUES as yours"
My friend still struggles with this lesson. She felt she was unlucky to have bad employees around her. (Which Dave insists there's no such thing. Everything comes from the head, US, the leaders.)

4. "Set your business' mission statement which aligns with your faith (either religious or personal faith).
This hits me the most because it's not what I expect to hear. (Though I'm a Buddhist I understand what Dave means by that.)
Dave gave a very good example of how he used the bible as his business' inspiration.

Another example that hits me emotionally, the annual party Dave arranged for his "team members" and their families. His son was with him on that day also. As a hired director of companies and in my own business I fired people a lot. I mean "a lot". The party story that Dave wrote about 97 young kids running around playing games with their dads and moms and with another kids of another team members, he told his son about the consequences of leaders. If Dave screwed up at his job or made mistakes they would effect those young kids too because Dave's mistakes mean the kids' dads and moms could lose their jobs.

Wow, that was the revelation for me and it changed my perspective forever.
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nate
5.0 out of 5 stars read it, you won’t regret it!
Reviewed in the United States on January 20, 2023
Verified Purchase
Well worth the read. I am not an entrepreneur but this book goes beyond covering how to simply run a business. It will help you manage your life well. I really appreciate the practicality of each chapter.
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C. M. Aiken
5.0 out of 5 stars AMAZING!!
Reviewed in the United States on December 17, 2012
Verified Purchase
This is perhaps my favorite book of the year. Honestly, it sat on my "to read" shelf for several months as I worked through my normal diet of Theology, History, and Leadership. I expected something totally different from the book than it delivered.

As someone who, as a pastor, reads "religiously" (pun intended), I get a steady diet of philosophical stuff from people who offer ideas and approaches that are still relatively novel. Even in the leadership piece, many of the books are theoretical in their offering. Ramsey though, offers some straight-shooting wisdom and a resume to back it up.

There is practical instruction on a variety of areas, including vision casting, time management, personnel, etc.; however, the greatest value to me was the emphasis on how these things are applied, implied, and passed on within the organization. It is one thing for an executive to have good time management. It is a far greater thing for him to build a culture of time management in a company. Sure...the leader can care about the vision and be responsible for the bottom line, but the wise leader finds a way to make everyone feel responsible for the bottom line.

Also very helpful was the chapter on developing compensation plan that accentuates the core values of the company. If you want people to work hard...they ought to be able to enjoy the fruit of their labors by being paid handsomely. Pay should be tied to corporate objectives if you want to receive maximum benefit and growth in a company. By tying every level of leader in an organization to achieving those objectives, a wise executive can have others working the plan with him/her.
Dave's style is very bottom-shelf. I could almost hear him speaking from the pages (with that voice from the radio). To carry through with a few "Daveisms," not reading this book will mean you have to pay a "stupid tax" (the consequences of lost resources or revenue for ignoring the right thing to do).

So, my copy is all marked up and will be a strong reference source for years to come I believe. Thanks Dave for sharing! It makes a difference!!
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Business Guy
4.0 out of 5 stars Excellent Book as an Overview, Lacking in Detail
Reviewed in the United States on September 21, 2011
Verified Purchase
I bought this book in hopes that it would be a good substitute for Dave's EntreLeadership Master Series 7-Day Conference. The Master Series is an expensive, small group counseling session where Dave teaches the same topics as the chapters of this book. I've been on the fence about attending, mainly due to cost, and hoped this book would be a "book version" of the Master Series Conference. To be honest, it didn't make good business sense to release a product that would kill another successful product, so I didn't expect this book to include the same content as his conference. But I was hopeful.

To the point, this book represents a broad overview of Dave's business playbook. Think of a football playbook that shows how everyone is to line-up but doesn't show the arrows for each player's assignment. So, it's up to the reader (me) to determine the details of executing the play. For some topics, it is easy for me to figure out how to execute. For other topics, I'm left wanting more details as to how to execute those ideas in my business environment.

If you are a business owner or a future business owner, the contents of this book are generally worthless if you don't execute and priceless if you do. Just like a diet book is worthless if you don't follow it's plan. So, if you intend to execute the full package plan, there is probably not enough detail to pull it off. On the other hand, you can use your best guess on how to execute, execute, measure the results, and adjust the execution until you get it down pat. Realize there will be a lot of details you have to work out for yourself, in your environment, using trial-and-error.

Dave didn't give up his Master Series with this book, and smartly so. He gives enough to either leave it to the reader to determine the execution or at least help you decide if the Master Series Conference is worth attending for the extra details.
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D. T. Kleven
5.0 out of 5 stars This book has helped me a ton!
Reviewed in the United States on January 15, 2013
Verified Purchase
I own a small business that currently has 3 employees and is rapidly growing. I read this book a year ago at the recommendation of another small business owner and found it to be the most helpful book I've ever read on business, though the  The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It  is a very close second. I've read dozens of business books and this is the best. Every single one of his chapters sets a solid framework for the essential elements of running a business. It starts with setting goals and making them clear and trackable. He give tips for prioritizing and time management. He helps with how to hire employees, train them, communicate to them, encourage them, compensate them and fire them if necessary. He goes through marketing, sales, accounting, financing, and vendors. Basically, every single aspect to running a business is covered, and Dave walks you through step by step how to implement these principles.

If I hadn't read this book last year, there's no way I would be where I am today. I wouldn't have had a plan, been able to motivate employees, or handle the growth we experienced. I even had one of my employees read certain chapters of this book throughout the year to get us on the same page and help him grow in his leadership capabilities. I'm planning to read it again this year in order to try to take my business to the next level again. I compiled in the back a list of other books that he cited in the book as I read - in itself it is a great bibliography for business and leadership. And be sure not to miss the bonus chapters online, they're just as good as the rest of the book.

I highly recommend this book to anyone who owns a business or is in management to any degree.
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Austin P.
5.0 out of 5 stars 10 out of 5 stars! Stop reading and BUY IT, no, buy TWO!
Reviewed in the United States on August 17, 2020
Verified Purchase
Still reading? Seriously, I can't fit all the reasons you need this book into a review! This book changed my life permanently. It's the first book I've read cover to cover in 15 years! And I read it in 2 days! That was many months ago. I've had time to apply what I learned and my future is already completely changed. I'm now coming back and buying more copies just to gift to people. Please, just do yourself a massive favor and buy this book! It has PRACTICAL wisdom in it. It's NOT a get rich quick scheme. It's NOT just for stupid people or just for middle and lower class income households. It's NOT just for Christians either. Though he often refers to the Bible it's not a doctrinal discussion, often it's just pulling wise words from the scriptures that have been proven for centuries to benefit people. This book is for EVERYONE who has or will have the responsibility of handling money. It's written based on Bible principals and common sense (which are almost the same thing anyway). THAT'S IT! No secret formulas, no conveluded schemes. It just takes common sense, hard work, avoiding dangers you will learn about and time and this book will change your life for the better GUARANTEED.
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Twenty Something
4.0 out of 5 stars Pretty Good but not as good as the Total Money Make Over
Reviewed in the United States on December 1, 2011
Verified Purchase
This book was pretty good but not as good as the Total Money Make Over (TMMO).

After reading many of his previous books and listening to his radio show, Dave gets a lot more personal in this book.

The first 1/4 of the book is very well written and was the most captivating. The chapter on going from Dreams to Visions to Goals is spectacular. This chapter alone makes the book worthwhile.

I am very grateful that Dave was willing to be so personal to share some of his secrets to success in this book.

However, some portions of the book did not live up to my high hopes (TTMO really set the bar high). Especially towards the end this book, the material begins to get very dry and sounds like most standard business books (i.e. the chapter on contracts and marketing).

Also, I felt the book was a little too long and wordy. More editing could have been done to keep the best parts and ditch the mundain.

Some things that Dave discloses will startle and shock the reader. I was really taken aback that Dave will automatically fire long time, loyal employees if they have an affair with their spouse. Affairs definitely are not good, but one would think that this is not your employer's business. Dave however thinks it is.

Also, the story about Dave firing a lady for "gossiping" or complaining with off-hand remarks about an IT problem to non-IT person in the company was hard to believe. I have never worked for Dave but I would be scare to talk at all in such a workplace. One has to wonder whether Dave's employees (or team-members as he calls them) are really happy in the workplace or just scared into becoming complacent, subdued workers.

However, overall the book is definitely worth the time to read this one, especially if you are a fan of Dave Ramsey.
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