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A Tale Of A Business Failure
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Author :John D. Davis (CPA/ABV.) Publisher :Danbury Publishing Company, Limited ISBN 13 :9780982421703 Total Pages :292 pages Book Rating :4.4/5 (217 download)
Book Synopsis A Tale of a Business Failure by : John D. Davis (CPA/ABV.)
Download or read book A Tale of a Business Failure written by John D. Davis (CPA/ABV.) and published by Danbury Publishing Company, Limited. This book was released on 2009 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Tale of a Business Failure is a story of how a highly successful company quickly eroded and failed. The impact of the company on the shareholders' lives modified behavior and decision-making to the point that the company was directly affected. The tale captures the intensity of a struggling business through a shareholder's direct perspective. Although this story is about one company, the lessons are deep and far reaching. Anyone the currently owns a business; is contemplating owning a business; is involved with a business as a consultant, banker, lawyer or advisor, is a business educator; or is a student of business will benefit from reading this story.
Book Synopsis Why Startups Fail by : Tom Eisenmann
Download or read book Why Startups Fail written by Tom Eisenmann and published by Currency. This book was released on 2021-03-30 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.
Download or read book Power Failure written by Mimi Swartz and published by Currency. This book was released on 2004-03-09 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: “They’re still trying to hide the weenie,” thought Sherron Watkins as she read a newspaper clipping about Enron two weeks before Christmas, 2001. . . It quoted [CFO] Jeff McMahon addressing the company’s creditors and cautioning them against a rash judgment. “Don’t assume that there is a smoking gun.” Sherron knew Enron well enough to know that the company was in extreme spin mode… Power Failure is the electrifying behind-the-scenes story of the collapse of Enron, the high-flying gas and energy company touted as the poster child of the New Economy that, in its hubris, had aspired to be “The World’s Leading Company,” and had briefly been the seventh largest corporation in America. Written by prizewinning journalist Mimi Swartz, and substantially based on the never-before-published revelations of former Enron vice-president Sherron Watkins, as well as hundreds of other interviews, Power Failure shows the human face beyond the greed, arrogance, and raw ambition that fueled the company’s meteoric rise in the late 1990s. At the dawn of the new century, Ken Lay’s and Jeff Skilling's faces graced the covers of business magazines, and Enron’s money oiled the political machinery behind George W. Bush’s election campaign. But as Wall Street analysts sang Enron’s praises, and its stock spiraled dizzyingly into the stratosphere, the company’s leaders were madly scrambling to manufacture illusory profits, hide its ballooning debt, and bully Wall Street into buying its fictional accounting and off-balance-sheet investment vehicles. The story of Enron’s fall is a morality tale writ large, performed on a stage with an unforgettable array of props and side plots, from parking lots overflowing with Boxsters and BMWs to hot-house office affairs and executive tantrums. Among the cast of characters Mimi Swartz and Sherron Watkins observe with shrewd Texas eyes and an insider’s perspective are: CEO Ken Lay, Enron’s “outside face,” who was more interested in playing diplomat and paving the road to a political career than in managing Enron’s high-testosterone, anything-goes culture; Jeff Skilling, the mastermind behind Enron’s mercenary trading culture, who transformed himself from a nerdy executive into the personification of millennial cool; Rebecca Mark, the savvy and seductive head of Enron’s international division, who was Skilling’s sole rival to take over the company; and Andy Fastow, whose childish pranks early in his career gave way to something far more destructive. Desperate to be a player in Enron’s deal-making, trader-oriented culture, Fastow transformed Enron’s finance department into a “profit center,” creating a honeycomb of financial entities to bolster Enron’s “profits,” while diverting tens of millions of dollars into his own pockets An unprecedented chronicle of Enron’s shocking collapse, Power Failure should take its place alongside the classics of previous decades – Barbarians at the Gate and Liar’s Poker – as one of the cautionary tales of our times.
Book Synopsis Anatomy of a Business Failure by : Sherry McGee
Download or read book Anatomy of a Business Failure written by Sherry McGee and published by . This book was released on 2003 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Do you do what's good for your community or what's profitable? At what point along the way in your entrepreneurial venture do you cut your losses and turn back? Are you willing to risk it all to ensure the survival of your small business? What do you do at the end of the rainbow when there's no pot of gold? These are just several of the many questions this amazing story will raise in the minds of aspiring entrepreneurs. Don't even think of becoming an entrepreneur unless you can comfortably answer them all. In this book, the founder of Detroit's beloved Apple Book Center offers a unique view from the inside of small business management"--Cover.
Book Synopsis When Genius Failed by : Roger Lowenstein
Download or read book When Genius Failed written by Roger Lowenstein and published by Random House Trade Paperbacks. This book was released on 2001-10-09 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure.”—The New York Times NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall. When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term’s fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new Afterword, Lowenstein shows that LTCM’s implosion should be seen not as a one-off drama but as a template for market meltdowns in an age of instability—and as a wake-up call that Wall Street and government alike tragically ignored. Praise for When Genius Failed “[Roger] Lowenstein has written a squalid and fascinating tale of world-class greed and, above all, hubris.”—BusinessWeek “Compelling . . . The fund was long cloaked in secrecy, making the story of its rise . . . and its ultimate destruction that much more fascinating.”—The Washington Post “Story-telling journalism at its best.”—The Economist
Book Synopsis The Idiot's Guide to Business Failure by : Rohan Aggarwal
Download or read book The Idiot's Guide to Business Failure written by Rohan Aggarwal and published by Rohan Aggarwal. This book was released on 2024-07-14 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The Idiot’s Guide to Business Failure” by Rohan Aggarwal is a compelling exploration of the rise and fall of various businesses. This book delves into the unique stories of companies like Hooters Air, Subway, and Blockbuster, etc. highlighting the key lessons from their failures. With a mix of humor and insight, Aggarwal provides a cautionary tale for entrepreneurs and business enthusiasts, emphasizing the importance of diversification, market adaptation, and effective management. Perfect for readers seeking to understand the pitfalls of business and how to avoid them.
Book Synopsis Bedtime Business Stories by : Gary Hoover
Download or read book Bedtime Business Stories written by Gary Hoover and published by American Business History Center. This book was released on 2020-12-05 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of 34 business stories that chart the successes and failures of businesses and their leaders. The stories originally appeared in the American Business History Center's free weekly email newsletter.
Book Synopsis The Failed Entrepreneur by : Duncan Ridler
Download or read book The Failed Entrepreneur written by Duncan Ridler and published by Createspace Independent Pub. This book was released on 2012-07-23 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the true story of an ordinary man determined to avoid an ordinary life. His solution? To become an entrepreneur, exploiting a talent for turning almost anything into a business opportunity. However, as each new venture starts to go wrong, success slips away as fast as it arrives. He responds to misfortune with a resilient sense of humour, but is his misfortune self-inflicted? Should we admire his courage and effort or condemn his mistakes? Narrated with a bittersweet blend of humour and honesty, The Failed Entrepreneur offers a tantalising insight into the entrepreneurial spirit. As you follow the story's twists and turns, you are drawn into a world of unbearable frustrations and impossible decisions. And you start to realise how perceptions of business failure can influence the way we judge each other. But in a culture that often values winning ahead of trying this is also an optimistic story, and one that could completely change the way you think about success and failure.
Book Synopsis Why Businesses Fail... and the Journey Through Our Irrational Minds by : Bob Weir
Download or read book Why Businesses Fail... and the Journey Through Our Irrational Minds written by Bob Weir and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: What was the real reason for the failure of South Canterbury Finance and could it have been saved? Was it really the fall in coal prices that sank Solid Energy? Why did Pumpkin Patch collapse? Why do over 2000 small businesses go into liquidation every year in New Zealand? Why did David Ross defraud over $100 million from Kiwis' life savings in the failure of Ross Asset Management?Why did the leaders of these businesses make decisions that ultimately saw the demise of the business they led? Why do we all make decisions that we know are not likely to be good for us, whether in business or in life?To take a journey through the failures of kiwi business requires a journey through all our irrational minds. While failures were caused by factors such as excessive debt, no cash, external forces, weak governance, poor skills, failure to pay taxes and more, all can be linked back to the decisions people did or didn't make.This book is backed by the extensive research of leading academics, and interviews with the CEOs, CFOs and board members of failed businesses. It includes discussions with journalists, fraudsters, insolvency experts, lawyers, official information requests and much more. Take a journey through the irrational mind that we all share and see what part that mind plays in the success and failure of business. Share the background and the stories of those at the heart of these failures.In reading this book you will learn why businesses fail, and what role being human played in the decisions made. Most importantly, you will learn what can be done to be more successful in our business lives.
Download or read book The Lost Bank written by Kirsten Grind and published by Simon and Schuster. This book was released on 2013-07-16 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on reporting for which the author was named a finalist for the Pulitzer Prize and the Gerald Loeb Award, this book traces the rise and spectacular fall of Washington Mutual.
Book Synopsis Lessons In Business Adventure by : Hollie Landini
Download or read book Lessons In Business Adventure written by Hollie Landini and published by Independently Published. This book was released on 2021-08-14 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author's story is a fascinating journey to success. Through his commitment, persistence, perseverance, and resilience he navigates through the peaks and valleys of an entrepreneur's journey. The lessons learned are as applicable to life's journey as they are to entrepreneurship. His story shows what can happen when you never give up. This is a real-life business adventure story that follows the journey of an immigrant to the U.S. who was told he "didn't know a damn thing about American business." But as opportunity would have it, a short time later he found himself an accidental entrepreneur with a front-row ticket to the ins and outs of launching and growing a business. He was flying high on his growing success-until a fateful moment when everything changed.
Book Synopsis A Story with a Purpose by : Ken Arrowood
Download or read book A Story with a Purpose written by Ken Arrowood and published by WestBow Press. This book was released on 2016-02-18 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: A must read for anyone thinking about starting a small business or currently in the prelaunch or launching phase or an owner who is struggling with fear, doubt, or unsatisfactory results. A practical, experience-based, how to start, sustain, and survive book in the tough world of small business written in an Ive been there done that style based on successes and failures of the author, not a bunch of theoretical bromides. Learn the keys to increasing your chances of success by first evaluating your risk exposure based on our human nature to be delusional or unreasonably optimistic in our expectations of wealth and success. Chapter 1: Don't be a Sucker and your Entrepreneurial Right Stuff are based on a profile of success-identified characteristics. Both areas represent baselines for potential success or failure. Proprietary questionnaires and optional evaluations for both aspects are provided free of charge. The book then takes you on a fast track of essential management and business tools and proverbs garnered from years of experience, not from books, but from the trenches. For example, planning, research, marketing, sales, budgeting, funding, misplaced pride, needed advisors and professionals, hiring, product fatigue, relaunch signs, and soul preservation. This is followed by the autobiographical journey of the authors business successes and failures with proverbial lessons learned and not learned, spanning decades, sectors, and both domestic and international arenas.
Book Synopsis Do. Fail. Learn. Repeat. by : Nicholas Haralambous
Download or read book Do. Fail. Learn. Repeat. written by Nicholas Haralambous and published by Jonathan Ball Publishers. This book was released on 2018-06-25 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you bored and baffled by spin doctors telling you how to succeed, how to make $1 000 000 or how to build the best business in just 30 days? Everyone claims to have the next best short cut or hack to help you along the path of entrepreneurship. It's all bullshit. In his business autobiography Do. Fail. Learn. Repeat. Nicholas Haralambous discusses the truth about the last 15 years of his entrepreneurial journey. ANYONE CAN START SOMETHING. Nic openly discusses his failures and sacrifices over the past decade and a half spent building businesses. There is advice all over the place about the rules to follow if you want to succeed, the do's and don'ts of running a company, the how-to of how-to do this, that or the next thing. There are also many personalities out there telling young entrepreneurs to hustle non-stop, risk everything and never sleep if they want success. YOUR CHANCE OF FAILURE IS ALMOST GUARANTEED. No one talks about how hard it is, how lonely it is and how difficult it is to build a business. No one is willing to forgo their ego and be honest. If nothing else, Nic Haralambous is honest about his journey. MOST PEOPLE WON'T LEARN. Nic has lived the hustle; he has pushed through physical pain, mental suffering, business failures, personal torment and relationship strife all in the name of building businesses. ALMOST NO ONE DOES IT AGAIN. Nic decided to write a big book of his failures so that entrepreneurs around the world can begin to understand that it is not always glamorous, easy or fun to build a business. If entrepreneurship is calling you then you absolutely cannot miss out on the truth, behind the business, written by Nic Haralambous.
Book Synopsis Shortcut Your Startup by : Courtney Reum
Download or read book Shortcut Your Startup written by Courtney Reum and published by Simon and Schuster. This book was released on 2018-01-16 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Reum brothers—former Goldman Sachs investment bankers, successful operators, and investors—comes Shortcut Your Startup, a practical playbook for both aspiring and seasoned entrepreneurs, filled with unconventional yet accessible advice for maximizing your business venture. Courtney and Carter Reum have years of experience in the field, from investing in over 130 companies, including Lyft, Pinterest, Warby Parker, and ClassPass, to driving the success of their own liquor brand, VEEV Spirits. The Reum brothers have learned from every triumph and tribulation, and over the years have developed an effective and easy-to-understand guide to help entrepreneurs through the startup journey from inception to sale. Complete with personal anecdotes and real-life advice from the business playing field, Shortcut Your Startup outlines Courtney and Carter’s ten key “Startup Switchups” that flip traditional advice on its head: · Get into the Trenches · Know if You’re a Speedboat or a Sailboat · Obsessively Take Advantage of Your Unfair Advantages · Do What You Do Best, and Outsource the Rest · Build in Flexibility and a Diversified Focus · Think Milestones, Not Time · Nail It Before You Scale It · 1 Percent Better Is 1000 Percent Better · Gain Buy-in with Heart-Based Momentum · Success Doesn’t Equate to a Successful Exit Whether you’re a veteran entrepreneur looking for new ways to boost performance and reinvent your brand, or an aspiring entrepreneur ready to take a leap of faith, Shortcut Your Startup is essential reading to speed up your success!
Book Synopsis Learning from Entrepreneurial Failure by : Dean A. Shepherd
Download or read book Learning from Entrepreneurial Failure written by Dean A. Shepherd and published by Cambridge University Press. This book was released on 2016-03-04 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth examination of the psychological obstacles to learning from entrepreneurial failure and how these can be overcome.
Book Synopsis The Great Mental Models, Volume 1 by : Shane Parrish
Download or read book The Great Mental Models, Volume 1 written by Shane Parrish and published by Penguin. This book was released on 2024-10-15 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the essential thinking tools you’ve been missing with The Great Mental Models series by Shane Parrish, New York Times bestselling author and the mind behind the acclaimed Farnam Street blog and “The Knowledge Project” podcast. This first book in the series is your guide to learning the crucial thinking tools nobody ever taught you. Time and time again, great thinkers such as Charlie Munger and Warren Buffett have credited their success to mental models–representations of how something works that can scale onto other fields. Mastering a small number of mental models enables you to rapidly grasp new information, identify patterns others miss, and avoid the common mistakes that hold people back. The Great Mental Models: Volume 1, General Thinking Concepts shows you how making a few tiny changes in the way you think can deliver big results. Drawing on examples from history, business, art, and science, this book details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making and productivity. This book will teach you how to: Avoid blind spots when looking at problems. Find non-obvious solutions. Anticipate and achieve desired outcomes. Play to your strengths, avoid your weaknesses, … and more. The Great Mental Models series demystifies once elusive concepts and illuminates rich knowledge that traditional education overlooks. This series is the most comprehensive and accessible guide on using mental models to better understand our world, solve problems, and gain an advantage.
Download or read book Very Good Lives written by J. K. Rowling and published by Little, Brown. This book was released on 2015-04-14 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: J.K. Rowling, one of the world's most inspiring writers, shares her wisdom and advice. In 2008, J.K. Rowling delivered a deeply affecting commencement speech at Harvard University. Now published for the first time in book form, VERY GOOD LIVES presents J.K. Rowling's words of wisdom for anyone at a turning point in life. How can we embrace failure? And how can we use our imagination to better both ourselves and others? Drawing from stories of her own post-graduate years, the world famous author addresses some of life's most important questions with acuity and emotional force.
