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figuring out who should buy your business

Book Report – Profit First by Mike Michalowicz

You know how roughly half of all new businesses fold within five years? Mike Michalowicz says they’re actually the lucky ones because it’s the survivor who gets stuck with a “scary, soul-sucking, cash-eating monster” to manage. In Profit First, his boat-rocking 2014 book that was reissued last year, the author warns us about the Survival Trap: watching bank balances dwindle…

Book Report – The Greatest Business Decisions of All Time by Verne Harnish & the Editors of Fortune

Henry Ford doubling his workers’ pay (kinda/sorta). IBM executives hitting the road to win back unhappy customers. Zappos offering free shipping and a liberal return policy. Essays on these seminal shifts and more (including the obligatory Steve Jobs puff piece) can be found in The Greatest Business Decisions of All Time, the Verne Harnish-led project compiled alongside some nine Fortune…

Book Report – Beach Reads!

Below are a half-dozen books I’ve read lately for fun. If you’re looking for something worthwhile for your summer break, you might consideration any of these. Relentless, Julian Edelman – Yup, the wide receiver/model/social media stud is also an author. Much to my amazement (and perhaps yours), his memoir is a legit page-turner. Edelman was coached by a maniacal father…

Book Report – The Undoing Project by Michael Lewis

Rather than a standard review of Michael Lewis’ The Undoing Project, below is a list of handy takeaways from his latest masterpiece. This one tells the story of the intense working relationship between renowned psychologists Daniel Kahneman & Amos Tversky and their impact on behavioral economics (with all quotes below credited to Lewis). Confirmation bias: A condition that happens without…

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