The World's Best Book Summaries
What are the reasons to sell a business? Should you hand over the responsibility to someone else? Built to Sell by John Warrillow takes you through the process of running and selling a profitable small business. One of the biggest reasons why you should consider selling your business is because it gives you multiple options in life. Let’s look at a few reasons why you should consider selling your business to the highest bidder.
What is a scalable business model? Do you have a product that you specialize in selling? According to John Warrillow’s book Built to Sell, a scalable business is one that focuses on the efficiency of the services it specializes in. If you’re looking to sell your business, you need to find a product that is scalable. Keep reading to learn how to model a scalable business.
Do you want to know how to earn money while you sleep? What is the best way to generate passive income? Investing time in work that generates passive income—by creating a product or system that’s capable of earning an income long after your original time investment—is the key to financial freedom. Without a source of passive income, you are practically trapped—once you stop working, the cash stops flowing. Here’s why you should leverage your time to learn how to make money while you sleep.
Wondering how to get a small business started? How can you turn an idea into a business? What should you know first? In Reboot, Jodie Fox provides advice on how to get a small business started from scratch. In the book, she offers a vulnerable, honest look into her successes and failures as an entrepreneur, proving that there’s always value in the process of owning a business, even if your business doesn’t work out. Read on to learn how to get a small business started, according to Fox’s five first steps.
What role does mindset play in financial success? How do you identify and overcome financial beliefs that hold you back? According to MJ DeMarco, the author of Unscripted, the state of your finances depends on your financial mindset, that is, your beliefs about money. If you want to get rich, you need to cultivate an entrepreneurial mindset. To do that, you must first dismantle your limiting beliefs about money. Here are eight unproductive beliefs about money you must overcome if you want to build serious wealth.
What does it mean to lead with empathy? Why is empathy critical for managers to exhibit? Out of all the skills needed to lead, empathy is the most important. Employees want an empathetic leader who understands their feelings, communicates with them, and makes them feel seen at work. Without empathy, your company will be a cold environment that doesn’t drive results. Let’s look at how leading with empathy impacts work, and how you can be an empathetic leader.
How can entrepreneurs cope with the mental health struggles of business ownership? What are some tips for managing burnout or imposter syndrome? In Reboot, Jodie Fox describes building her start-up business, Shoes of Prey, and how being an entrepreneur affected her mental health. Fox shares the lessons she learned about coping with mental health struggles as a business owner. Keep reading for advice on managing mental health as an entrepreneur, according to Fox.
What is MJ DeMarco’s Unscripted about? What is the key message to take away from the book? In his book Unscripted, MJ DeMarco claims that most people can’t achieve financial success because they have unproductive beliefs about money that dissuade them from pursuing an entrepreneurial path. However, he argues that though these beliefs are pervasive, they’re surmountable. Below is a brief overview of the key takeaways from Unscripted: Life, Liberty, and the Pursuit of Entrepreneurship by MJ DeMarco.
What is the book The Snowball about? What are the main takeaways of the book? In her book The Snowball, Alice Schroeder details the life and career of business magnate Warren Buffett. In the field of high finance, Warren Buffett stands alone as a man not driven by appearances, ego, or the quest for an easy dollar—but as a man of integrity and honesty. Read below for a brief overview of The Snowball book about Warren Buffett.
What are the lessons to learn from Warren Buffett? Why is Buffett an inspirational figure in business? In his biography The Snowball, Alice Schroeder praises Buffett for his authenticity and honesty. He may be one of the richest people in the world, but he uses his platform to teach what he can about business and life. Let’s look at many of Warren Buffett’s lessons that are worth listening to.