Summary of Warren Buffett's Ground Rules – [Review Keypoints and Take-aways]

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Author :
Publisher : by Mocktime Publication
ISBN 13 :
Total Pages : 15 pages
Book Rating : 4./5 ( download)

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Book Synopsis Summary of Warren Buffett's Ground Rules – [Review Keypoints and Take-aways] by : PenZen Summaries

Download or read book Summary of Warren Buffett's Ground Rules – [Review Keypoints and Take-aways] written by PenZen Summaries and published by by Mocktime Publication. This book was released on 2022-11-29 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: The summary of Warren Buffett's Ground Rules – Words of Wisdom from the Partnership Letters of the World’s Greatest Investor presented here include a short review of the book at the start followed by quick overview of main points and a list of important take-aways at the end of the summary. The Summary of The book "Warren Buffett's Ground Rules" from 2016 is an analysis of the investment approach taken by the world's fourth-richest man, who is worth multiple billions of dollars. The author, Jeremy C. Miller, identifies key strategies that investors can use to play the stock market to their financial advantage by analysing the semi-annual letters that Buffett sent to partners in the fund he managed from 1956 to 1970. Buffett managed the fund from 1956 until 1970. Warren Buffett's Ground Rules summary includes the key points and important takeaways from the book Warren Buffett's Ground Rules by Jeremy C. Miller. Disclaimer: 1. This summary is meant to preview and not to substitute the original book. 2. We recommend, for in-depth study purchase the excellent original book. 3. In this summary key points are rewritten and recreated and no part/text is directly taken or copied from original book. 4. If original author/publisher wants us to remove this summary, please contact us at [email protected].

Summary of Rocket – [Review Keypoints and Take-aways]

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Author :
Publisher : by Mocktime Publication
ISBN 13 :
Total Pages : 14 pages
Book Rating : 4./5 ( download)

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Book Synopsis Summary of Rocket – [Review Keypoints and Take-aways] by : PenZen Summaries

Download or read book Summary of Rocket – [Review Keypoints and Take-aways] written by PenZen Summaries and published by by Mocktime Publication. This book was released on 2022-11-27 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: The summary of Rocket – Eight Lessons to Secure Infinite Growth presented here include a short review of the book at the start followed by quick overview of main points and a list of important take-aways at the end of the summary. The Summary of The documentary Rocket provides an insider's perspective on the success of companies such as Starbucks and Victoria's Secret, whose meteoric rise had nothing to do with luck. The proven science of building a brand is discussed in these blinks. Companies like these have used this science to propel themselves to such impressive growth and immense success. Rocket summary includes the key points and important takeaways from the book Rocket by Michael J. Silverstein, Dylan Bolden, Rune Jacobsen, Rohan Sajdeh. Disclaimer: 1. This summary is meant to preview and not to substitute the original book. 2. We recommend, for in-depth study purchase the excellent original book. 3. In this summary key points are rewritten and recreated and no part/text is directly taken or copied from original book. 4. If original author/publisher wants us to remove this summary, please contact us at [email protected].

Think Like a Rocket Scientist

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Publisher : PublicAffairs
ISBN 13 : 1541762614
Total Pages : 322 pages
Book Rating : 4.5/5 (417 download)

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Book Synopsis Think Like a Rocket Scientist by : Ozan Varol

Download or read book Think Like a Rocket Scientist written by Ozan Varol and published by PublicAffairs. This book was released on 2020-04-14 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: * One of Inc.com's "6 Books You Need to Read in 2020 (According to Bill Gates, Satya Nadella, and Adam Grant)"* Adam Grant's # 1 pick of his top 20 books of 2020* One of 6 Groundbreaking Books of Spring 2020 (according to Malcolm Gladwell, Susan Cain, Dan Pink, and Adam Grant). A former rocket scientist reveals the habits, ideas, and strategies that will empower you to turn the seemingly impossible into the possible. Rocket science is often celebrated as the ultimate triumph of technology. But it's not. Rather, it's the apex of a certain thought process -- a way to imagine the unimaginable and solve the unsolvable. It's the same thought process that enabled Neil Armstrong to take his giant leap for mankind, that allows spacecraft to travel millions of miles through outer space and land on a precise spot, and that brings us closer to colonizing other planets. Fortunately, you don't have to be a rocket scientist to think like one. In this accessible and practical book, Ozan Varol reveals nine simple strategies from rocket science that you can use to make your own giant leaps in work and life -- whether it's landing your dream job, accelerating your business, learning a new skill, or creating the next breakthrough product. Today, thinking like a rocket scientist is a necessity. We all encounter complex and unfamiliar problems in our lives. Those who can tackle these problems -- without clear guidelines and with the clock ticking -- enjoy an extraordinary advantage. Think Like a Rocket Scientist will inspire you to take your own moonshot and enable you to achieve liftoff.

What the Heck Is EOS?

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Publisher : BenBella Books
ISBN 13 : 1944648836
Total Pages : 122 pages
Book Rating : 4.9/5 (446 download)

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Book Synopsis What the Heck Is EOS? by : Gino Wickman

Download or read book What the Heck Is EOS? written by Gino Wickman and published by BenBella Books. This book was released on 2017-09-05 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Has your company struggled to roll EOS out to all levels of your organization? Do your employees understand why EOS is important or even what it is? What the Heck is EOS? is for the millions of employees in companies running their businesses on EOS (Entrepreneurial Operating System). An easy and fast read, this book answers the questions many employees have about EOS and their company: • What is an operating system? • What is EOS and why is my company using it? • What are the EOS foundational tools and how do they impact me? • What's in it for me? Designed to engage employees in the EOS process and tools, What the Heck is EOS? uses simple, straightforward language and provides questions about each tool for managers and employees to discuss creating more ownership and buy-in at the staff level. After reading this book, employees will not only have a better understanding of EOS but they will be more engaged, taking an active role in helping achieve your company's vision.

An Elegant Puzzle

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Publisher : Stripe Press
ISBN 13 : 1953953336
Total Pages : 281 pages
Book Rating : 4.9/5 (539 download)

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Book Synopsis An Elegant Puzzle by : Will Larson

Download or read book An Elegant Puzzle written by Will Larson and published by Stripe Press. This book was released on 2019-05-20 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: A human-centric guide to solving complex problems in engineering management, from sizing teams to handling technical debt. There’s a saying that people don’t leave companies, they leave managers. Management is a key part of any organization, yet the discipline is often self-taught and unstructured. Getting to the good solutions for complex management challenges can make the difference between fulfillment and frustration for teams—and, ultimately, between the success and failure of companies. Will Larson’s An Elegant Puzzle focuses on the particular challenges of engineering management—from sizing teams to handling technical debt to performing succession planning—and provides a path to the good solutions. Drawing from his experience at Digg, Uber, and Stripe, Larson has developed a thoughtful approach to engineering management for leaders of all levels at companies of all sizes. An Elegant Puzzle balances structured principles and human-centric thinking to help any leader create more effective and rewarding organizations for engineers to thrive in.

Rocket Fuel

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Publisher : BenBella Books, Inc.
ISBN 13 : 1941631150
Total Pages : 208 pages
Book Rating : 4.9/5 (416 download)

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Book Synopsis Rocket Fuel by : Gino Wickman

Download or read book Rocket Fuel written by Gino Wickman and published by BenBella Books, Inc.. This book was released on 2015-04-28 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the vital relationship that will take your company from "What's next?" to "We have liftoff!" Visionaries have groundbreaking ideas. Integrators make those ideas a reality. This explosive combination is the key to getting everything you want out of your business. It worked for Disney. It worked for McDonald's. It worked for Ford. It can work for you. From the author of the bestselling Traction, Rocket Fuel details the integral roles of the Visionary and Integrator and explains how an effective relationship between the two can help your business thrive. Offering advice to help Visionary-minded and Integrator-minded individuals find one another, Rocket Fuel also features assessments so you're able to determine whether you're a Visionary or an Integrator. Without an Integrator, a Visionary is far less likely to succeed long-term ,and realize the company's ultimate goals—likewise, with no Visionary, an Integrator can't rise to his or her full potential. When these two people come together to share their natural talents and innate skill sets, it's like rocket fuel—they have the power to reach new heights for virtually any company or organization.

Well Designed Life

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Publisher :
ISBN 13 : 9780996734578
Total Pages : 414 pages
Book Rating : 4.7/5 (345 download)

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Book Synopsis Well Designed Life by : Kyra Bobinet

Download or read book Well Designed Life written by Kyra Bobinet and published by . This book was released on 2015-09-12 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: "I know what I should do...I just don't know why I don't do it." This phrase captures a universal human experience--we can't always get ourselves to do what we know is best for us. In Well Designed Life, you will learn that the solution to this stumbling block resides in coupling two disciplines: brain science and design thinking. Brain and behavior sciences have exploded in recent years. This catalyzes new insights into why we do what we do--and how we can change. Meanwhile, major advances in consumer technology, service industries, and public health are rapidly changing how we live. This boom of innovation has been fueled by a creative approach to solving problems called design thinking. We are living in the age of design--and designers are the new rock stars. Dr. Kyra Bobinet brings together over 25 years of successfully designing interventions, products, and experiences that change lives--to empower you as the designer of your life. Dr. Bobinet has gathered ten key concepts from psychology, behavior and neuroscience and applies each of them to changing your health, relationships, and well-being. Bobinet insists that the success or failure of changing our lives hinges on both understanding what's going on inside our head and applying the flexible mindset of a designer. She writes, "Adopting the mindset of a designer puts you in the driver's seat of making life work. Grounding yourself in the science of how we see the world and how our brain responds helps you design behaviors that work--in real life. This is about you acting on what you always wished you would do. It's about stepping out of any areas of helplessness and into creative self-direction. You have a choice: design your life or let it design you!" Infused with relatable narratives that are at once witty and gripping, professional and personal, Bobinet takes you on a journey through the origins of your self-image, motivations, decisions, and unconscious behaviors--leaving you with the keys to free yourself from your conditioning and lead a well-designed life.

One Giant Leap

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Publisher : Simon & Schuster
ISBN 13 : 1501106309
Total Pages : 512 pages
Book Rating : 4.5/5 (11 download)

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Book Synopsis One Giant Leap by : Charles Fishman

Download or read book One Giant Leap written by Charles Fishman and published by Simon & Schuster. This book was released on 2020-09-22 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times bestselling, “meticulously researched and absorbingly written” (The Washington Post) story of the trailblazers and the ordinary Americans on the front lines of the epic Apollo 11 moon mission. President John F. Kennedy astonished the world on May 25, 1961, when he announced to Congress that the United States should land a man on the Moon by 1970. No group was more surprised than the scientists and engineers at NASA, who suddenly had less than a decade to invent space travel. When Kennedy announced that goal, no one knew how to navigate to the Moon. No one knew how to build a rocket big enough to reach the Moon, or how to build a computer small enough (and powerful enough) to fly a spaceship there. No one knew what the surface of the Moon was like, or what astronauts could eat as they flew there. On the day of Kennedy’s historic speech, America had a total of fifteen minutes of spaceflight experience—with just five of those minutes outside the atmosphere. Russian dogs had more time in space than US astronauts. Over the next decade, more than 400,000 scientists, engineers, and factory workers would send twenty-four astronauts to the Moon. Each hour of space flight would require one million hours of work back on Earth to get America to the Moon on July 20, 1969. “A veteran space reporter with a vibrant touch—nearly every sentence has a fact, an insight, a colorful quote or part of a piquant anecdote” (The Wall Street Journal) and in One Giant Leap, Fishman has written the sweeping, definitive behind-the-scenes account of the furious race to complete one of mankind’s greatest achievements. It’s a story filled with surprises—from the item the astronauts almost forgot to take with them (the American flag), to the extraordinary impact Apollo would have back on Earth, and on the way we live today. From the research labs of MIT, where the eccentric and legendary pioneer Charles Draper created the tools to fly the Apollo spaceships, to the factories where dozens of women sewed spacesuits, parachutes, and even computer hardware by hand, Fishman captures the exceptional feats of these ordinary Americans. “It’s been 50 years since Neil Armstrong took that one small step. Fishman explains in dazzling form just how unbelievable it actually was” (Newsweek).

The Cult of Smart

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Publisher : All Points Books
ISBN 13 : 1250200385
Total Pages : 149 pages
Book Rating : 4.2/5 (52 download)

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Book Synopsis The Cult of Smart by : Fredrik deBoer

Download or read book The Cult of Smart written by Fredrik deBoer and published by All Points Books. This book was released on 2020-08-04 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: Named one of Vulture’s Top 10 Best Books of 2020! Leftist firebrand Fredrik deBoer exposes the lie at the heart of our educational system and demands top-to-bottom reform. Everyone agrees that education is the key to creating a more just and equal world, and that our schools are broken and failing. Proposed reforms variously target incompetent teachers, corrupt union practices, or outdated curricula, but no one acknowledges a scientifically-proven fact that we all understand intuitively: Academic potential varies between individuals, and cannot be dramatically improved. In The Cult of Smart, educator and outspoken leftist Fredrik deBoer exposes this omission as the central flaw of our entire society, which has created and perpetuated an unjust class structure based on intellectual ability. Since cognitive talent varies from person to person, our education system can never create equal opportunity for all. Instead, it teaches our children that hierarchy and competition are natural, and that human value should be based on intelligence. These ideas are counter to everything that the left believes, but until they acknowledge the existence of individual cognitive differences, progressives remain complicit in keeping the status quo in place. This passionate, voice-driven manifesto demands that we embrace a new goal for education: equality of outcomes. We must create a world that has a place for everyone, not just the academically talented. But we’ll never achieve this dream until the Cult of Smart is destroyed.

Rockets of the World

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Publisher :
ISBN 13 : 9780962787676
Total Pages : 384 pages
Book Rating : 4.7/5 (876 download)

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Book Synopsis Rockets of the World by : Peter Alway

Download or read book Rockets of the World written by Peter Alway and published by . This book was released on 1999 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Summary, Analysis & Review of Margot Lee Shetterly’s Hidden Figures by Instaread

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Publisher : Instaread
ISBN 13 : 1683785312
Total Pages : 27 pages
Book Rating : 4.6/5 (837 download)

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Book Synopsis Summary, Analysis & Review of Margot Lee Shetterly’s Hidden Figures by Instaread by : Instaread

Download or read book Summary, Analysis & Review of Margot Lee Shetterly’s Hidden Figures by Instaread written by Instaread and published by Instaread. This book was released on 2016-10-11 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summary, Analysis & Review of Margot Lee Shetterly’s Hidden Figures by Instaread Preview: Hidden Figures: The American Dream and the Untold Story of the Black Women Mathematicians Who Helped Win the Space Race by Margot Lee Shetterly is a history of black women who were mathematicians and engineers in twentieth-century aeronautics and space programs. It focuses particularly on black women who served as human computers as they performed calculations at Langley Air Force Base in Virginia during and after World War II. During the war, the United States was desperate for mathematicians and engineers to work in aeronautics. With many men fighting in the war, women took on professional jobs. A number of black women applied for positions at Langley. Among them was Dorothy Vaughan, who had excelled in mathematics as a young woman and had then gone into teaching. Pay in segregated schools was much less than Vaughan could make as a human computer performing calculations for engineers. So she changed careers… PLEASE NOTE: This is a Summary, Analysis & Review of the book and NOT the original book. Inside this Summary, Analysis & Review of Margot Lee Shetterly’s Hidden Figures by Instaread · Overview of the Book · Important People · Key Takeaways · Analysis of Key Takeaways About the Author With Instaread, you can get the key takeaways, summary and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience. Visit our website at instaread.co.

The Girl Who Could Not Dream

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Publisher : HarperCollins
ISBN 13 : 0544464990
Total Pages : 389 pages
Book Rating : 4.5/5 (444 download)

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Book Synopsis The Girl Who Could Not Dream by : Sarah Beth Durst

Download or read book The Girl Who Could Not Dream written by Sarah Beth Durst and published by HarperCollins. This book was released on 2015-11-03 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A perfect combination of adventure, humor, and pure imagination!" —Jessica Day George, New York Times best-selling author of Tuesdays at the Castle "Funny, scary, and endlessly inventive.” —Bruce Coville, author of Jeremy Thatcher, Dragon Hatcher Sophie loves the hidden shop below her parents' bookstore, where dreams are secretly bought and sold. When the dream shop is robbed and her parents go missing, Sophie must unravel the truth to save them. Together with her best friend—a wisecracking and fanatically loyal monster named Monster—she must decide whom to trust with her family’s carefully guarded secrets. Who will help them, and who will betray them?

The Year-Round Solar Greenhouse

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Publisher : New Society Publishers
ISBN 13 : 1550926187
Total Pages : 331 pages
Book Rating : 4.5/5 (59 download)

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Book Synopsis The Year-Round Solar Greenhouse by : Lindsey Schiller

Download or read book The Year-Round Solar Greenhouse written by Lindsey Schiller and published by New Society Publishers. This book was released on 2016-10-01 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Build your own passive solar greenhouse for year-round food production in any climate Fresh, local nutrient-dense fruits vegetables are hard to find in winter in cold climates. Growing warm-weather crops like tomatoes, bananas, avocados, and other perennials is nearly impossible using conventional structures. The solution for millions of backyard and small-scale commercial growers is self-heating solar greenhouses. The Year-round Solar Greenhouse is the one-stop guide to designing and building greenhouses that harness and store energy from the sun to create naturally heated, lush growing environments even in the depths of winter, covering principles of solar greenhouse design and siting, glazing material properties and selection, controlling heat loss, ventilation, and construction methods. Additionally, an in-depth section covers sustainable ways of heating the greenhouse without fossil fuels, including using thermal mass and storing heat underground with a ground to air heat exchanger. Variations include attached solar greenhouses, earth sheltered greenhouses, plus integrating hydroponics and aquaponics. More than a dozen case studies from across North America provide inspiration and demonstrate specific challenges and solutions for growing year-round in any climate. Grow your own food, anytime, anywhere using the power of the sun!

Where Is My Flying Car?

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Publisher : Stripe Press
ISBN 13 : 1953953271
Total Pages : 360 pages
Book Rating : 4.9/5 (539 download)

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Book Synopsis Where Is My Flying Car? by : J. Storrs Hall

Download or read book Where Is My Flying Car? written by J. Storrs Hall and published by Stripe Press. This book was released on 2021-11-30 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: From an engineer and futurist, an impassioned account of technological stagnation since the 1970s and an imaginative blueprint for a richer, more abundant future The science fiction of the 1960s promised us a future remade by technological innovation: we’d vacation in geodesic domes on Mars, have meaningful conversations with computers, and drop our children off at school in flying cars. Fast-forward 60 years, and we’re still stuck in traffic in gas-guzzling sedans and boarding the same types of planes we flew in over half a century ago. What happened to the future we were promised? In Where Is My Flying Car?, J. Storrs Hall sets out to answer this deceptively simple question. What starts as an examination of the technical limitations of building flying cars evolves into an investigation of the scientific, technological, and social roots of the economic stagnation that started in the 1970s. From the failure to adopt nuclear energy and the suppression of cold fusion technology to the rise of a counterculture hostile to progress, Hall recounts how our collective ambitions for the future were derailed, with devastating consequences for global wealth creation and distribution. Hall then outlines a framework for a future powered by exponential progress—one in which we build as much in the world of atoms as we do in the world of bits, one rich in abundance and wonder. Drawing on years of original research and personal engineering experience, Where Is My Flying Car?, originally published in 2018, is an urgent, timely analysis of technological progress over the last 50 years and a bold vision for a better future.

Rocket: Eight Lessons to Secure Infinite Growth

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Author :
Publisher : McGraw Hill Professional
ISBN 13 : 1259585433
Total Pages : 321 pages
Book Rating : 4.2/5 (595 download)

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Book Synopsis Rocket: Eight Lessons to Secure Infinite Growth by : Michael J. Silverstein

Download or read book Rocket: Eight Lessons to Secure Infinite Growth written by Michael J. Silverstein and published by McGraw Hill Professional. This book was released on 2015-10-06 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rocket tells the story of how sixteen remarkable business leaders created great brands. Leslie Wexner tells you how he turned a two-store chain into a $6.5 billion worldwide brand called Victoria Secret, and Howard Schultz shares how he took his passion for a little coffee shop in Seattle and grew it into a 22,000-store chain, just to name two. Every story is connected to a “how-to” lesson, and by the end, you’ll have what you need to turn your best customers into apostles, cravers, and brand ambassadors. A must-have guide for everyone who wants to grow their business faster than a competitor, this authentic, vibrant, and engaging book brings you the latest practical techniques for knowing your customers’ desires and behaviors in order to deliver intimately rewarding experiences every time they shop—including knowing what they need before they do. Included is a “self critique” to identify where you are currently before you transform your career and company by mastering how to: • Create a demand-space map and predict how big a share of a demand space you can win with the proper mix of emotional and functional benefits satisfying the attributes of that space • Determine a strategic direction for where to place investment bets, identify which brands are best suited to win, and which are most responsive to investment • Deliver all the core benefits of a particular demand space in your product—from packaging, shelving, pricing, and promotion to message development, store operations, delivery, and employee engagement • Maintain a long-term vision to continuously quantify and modify for ongoing improvement, while using your successes to convert more champions along the way With Rocket, you can rise into a cycle of renewal, energy, and power that can launch startups to phenomenal success and turn around the fate of multinational corporations.

Hacking Growth

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Author :
Publisher : Crown Currency
ISBN 13 : 0451497228
Total Pages : 322 pages
Book Rating : 4.4/5 (514 download)

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Book Synopsis Hacking Growth by : Sean Ellis

Download or read book Hacking Growth written by Sean Ellis and published by Crown Currency. This book was released on 2017-04-25 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive playbook by the pioneers of Growth Hacking, one of the hottest business methodologies in Silicon Valley and beyond. It seems hard to believe today, but there was a time when Airbnb was the best-kept secret of travel hackers and couch surfers, Pinterest was a niche web site frequented only by bakers and crafters, LinkedIn was an exclusive network for C-suite executives and top-level recruiters, Facebook was MySpace’s sorry step-brother, and Uber was a scrappy upstart that didn’t stand a chance against the Goliath that was New York City Yellow Cabs. So how did these companies grow from these humble beginnings into the powerhouses they are today? Contrary to popular belief, they didn’t explode to massive worldwide popularity simply by building a great product then crossing their fingers and hoping it would catch on. There was a studied, carefully implemented methodology behind these companies’ extraordinary rise. That methodology is called Growth Hacking, and it’s practitioners include not just today’s hottest start-ups, but also companies like IBM, Walmart, and Microsoft as well as the millions of entrepreneurs, marketers, managers and executives who make up the community of Growth Hackers. Think of the Growth Hacking methodology as doing for market-share growth what Lean Start-Up did for product development, and Scrum did for productivity. It involves cross-functional teams and rapid-tempo testing and iteration that focuses customers: attaining them, retaining them, engaging them, and motivating them to come back and buy more. An accessible and practical toolkit that teams and companies in all industries can use to increase their customer base and market share, this book walks readers through the process of creating and executing their own custom-made growth hacking strategy. It is a must read for any marketer, entrepreneur, innovator or manger looking to replace wasteful big bets and "spaghetti-on-the-wall" approaches with more consistent, replicable, cost-effective, and data-driven results.

Profit First

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Author :
Publisher : Penguin
ISBN 13 : 073521414X
Total Pages : 225 pages
Book Rating : 4.7/5 (352 download)

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Book Synopsis Profit First by : Mike Michalowicz

Download or read book Profit First written by Mike Michalowicz and published by Penguin. This book was released on 2017-02-21 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.