Blanchard, Hutson and Willis’ One Minute Entrepreneur – Book Review

title and author: The One Minute Entrepreneur Ken Blanchard and Don Hutson and Ethan Willis

Content Synopsis:

This book on starting your own business is a story format about a young man who soon gets married and together they start a company. The story covers his growing pains and problems and the solutions. At the end of each chapter there are a few one minute ideas and most of them are below. The book uses real and imaginary people to create tutorial situations and teach basic lessons.

Readability/Writing Quality:

Well written and very easy to read.

Notes on the author:

Ken Blanchard has made his mark writing about business management with his One Minute Manager series of books. He is highly respected and has been invited to speak and instruct Fortune 500 corporations around the world.

Three great ideas that you can use:

One-minute insights (well, more than three: this is good, what are we going to get?)–

1. Associate with people you admire and from whom you can learn.

2. Keep a notebook of the wisdom you read, listen to, and learn, and draw that learning into One-Minute Insights.

3. A good life is built on strong and solid values ​​such as integrity, love, honesty and purposeful work.

4. You never need to cheat to win.

5. What is right is more important than who is right.

6. You will be the same year after year except for the people you meet and the books you read. (Zig Ziglar).

7. You can get what you want in life if you help other people get what they want.

8. Success occurs when opportunity and preparation meet.

9. It’s not who you know that counts; he is the one who knows you and what he thinks of you.

When you feel that moments impact your destiny, seize the opportunity.

10. Humility helps you to be open to learn and grow in your field of expertise.

11. Take care of your numbers and your numbers will take care of you.

12. To create a successful business, you must first master the basics.

13. For a mentor to be effective, they need to be an enthusiastic and committed protégé.

14. Always visualize the desired result in advance.

15. In sales and any other business, you are constantly on stage, so act like it.

16. Ambition is the fuel that can drive life-changing events.

17. Identify what you are passionate about doing. Look to do more of that.

18. Don’t be afraid to dream big.

19. Don’t quit your day job until you have some success under your belt.

20. If no one pays you to do what you love, you have a hobby, not a career.

21. On the entrepreneurial path, few people come into your life for no reason.

22. Becoming a successful entrepreneur and having a spouse are not mutually exclusive.

23. When it comes to finding a life partner, character and values ​​trump personality and appearance.

24. To build a great marriage, especially if you’re an entrepreneur, make sure you commit to spending time together outside of meals and sleep.

25. You and your spouse are a team. Act like one.

26. Too many people dream too small. You will never achieve more than you think you can. So create a big dream.

27. When opportunity calls, sixteen it.

28. Never let your expenses exceed your income.

29. Don’t be a banker to your clients. The timely collection of invoices is crucial.

30. Your customers are the lifeblood of a company: they pay the bills.

31. Take care of your people. They make everything happen. Without them, you have no company.

32. Unless you want to do all the work, you need to think of ways to find new sources of income.

33. If you focus only on managing costs, your business will never grow.

34. Don’t be afraid to seek advice when your business takes to a new level.

35. Making a profit is always a must if you want to stay in business.

36. As an entrepreneur the secret to success is generating CASH, CASH, CASH.

37. Without good cash management, you will never succeed as an entrepreneur.

38. Profit is the applause you get for taking care of your customers and creating a motivating environment for your people.

Disclosure Information:

Copyright: 2008 Blanchard Management Corporation, Don Hutson and Ethan Willis

Posted by doubleday

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