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8 Building Blocks To Launch, Manage, and Grow A Successful Business - Second Edition is about opportunity and achieving success, reinforced by the opening Mark Twain quote "So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sail. Explore. Dream. Discover." The book helps readers navigate from business idea to launching a successful new venture. An easy-to-read entertaining book delivering powerful, useful counsel. Entrepreneurs with experience learn starting a new venture really is the easy part– from business idea, business plan, resources, and launch- these skills can be learned. A recent search on Amazon showed 9,003 "start your own business" or "SYOB" books and many are excellent. And they cover skills the author calls Entrepreneurial Management 1.0. But SBA statistics show half of all these new ventures fail within five years- the challenge is not starting a new business but growth and survival. So, with plenty of books out there, why kill trees for one more? The more relevant question is despite all these resources, why do half of all new ventures fail to meet the critical five- year milestone? Today's challenges demand you know more. Entrepreneurial Management 1.0 skills are just not good enough to help you be a "Survivor" entrepreneur. Simply put, yesterday's skills do not meet today's entrepreneur's needs. Before committing resources to develop new ventures, Fortune 500 firms go further, look at strategic issues, identify alliance and global strategies, understand how new venture metrics impact overall return given 3 to 5,000 other products and services in their business. And these Fortune 500 techniques provide the foundation for what the author defines as Entrepreneurial Management 2.0, a new entrepreneurial management discipline drawing upon new venture 'best practices', Fortune 500 firm techniques for launching and managing new ventures, and the author's experience working with many early-stage public and private companies. Helping entrepreneurs gain new skills needed to meet today’s challenges, reach the critical five-year milestone, and create more "Survivor" rather than "Maybe Next Time" entrepreneurs, is why the author wrote this book. Entrepreneurial Management 2.0 includes a portfolio of new entrepreneurial management skills organized into the eight "Building Blocks" which are defined and explained with examples in the new book. The Second Edition includes edits to improve readability and several new sections. The Digital Marketing arena is moving quickly, impacting today’s traditional sales and marketing processes. The Second Edition includes a new section on Digital Marketing, reviewing tools, methodologies, and impact for entrepreneurs. Regulatory guidelines for securing capital have changed significantly since the First Edition release in 2015. The regulatory section has been revised and updated with updates on the JOBS Act related regulations and a new section addressing the SEC's 'Regulation Crowdfunding' initiative offering entrepreneurs new alternatives to secure financing.
'8 Building Block' or '8BB' is a book about opportunity and achieving success. '8BB' Second Edition provides motivation, guidance, management tools and a vision helping readers navigate from a business idea to create a new venture.
The Doc Larsen Business Adventure Series draws upon the author's corporate management experience, teaching entrepreneurship and management at three universities, publication of two entrepreneurship books and mentoring many new business managers. A portion of proceeds from book sales is being donated to several organizations committed to helping young entrepreneurs including Junior Achievement of America. So how do we educate and motivate young potential entrepreneurs, helping them understand how to plan, launch, and manage a new business? Empowering young adults with entrepreneurship skills helps them excel no matter what career path they pursue. Entrepreneurship programs teach students critical thinking, problem solving, creativity, teamwork, ethics, social responsibility and to plan, develop and launch a new business. But there are challenges. Young adults prefer stories to textbooks. Understandable, compared to action stories, business can be boring. But it doesn't have to be if we develop creative strategies to attract, motivate, and educate young adult readers. The author created the Doc Larsen Business Adventure Series to spur young adult interest in entrepreneurship, help them develop new business ideas and create a successful new business venture. The conversational style of Freddie and Billie's New Business Adventure targets young adults, providing a strong foundation to understand the challenges and solutions for creating a successful new venture. Using conversations and storytelling techniques, not academic lectures, and a light entertaining, highly readable, jargon-free style ensures Freddie and Billie's 'learn by doing' experience is shared with readers. Understanding how new ventures are developed typically demands a 'textbook' approach and this can be overwhelming. The author created the Business In A BoxTM system- a powerful, simple to understand tool to plan, launch and manage new ventures with seven integrated models offering a simplified process and powerful tool helping young adult entrepreneurs develop a new venture. The Story: Living near Long Island's south shore, Freddie Lampert and Billie Phillips were two high school seniors, spending all their spare time pursuing their favorite pastime, fishing. They had an idea for a new fishing jig- they designed it, built it, tested it, and it attracted more fish than any other jig. They knew they had a great idea. So now what? Many more questions than answers, clueless on where to start, and as they said, '... they knew zilch about business'. Both are older now, married with families, and co-founded a successful public software design company. They share their story on their teen age business journey, through a three-hour interview on a new TV show, Lessons For Young Entrepreneurs, describing their experience creating a new fishing jig business with the help of Dr. Ralph Larsen, or 'Doc', and his constant companion, Mitch, described as the 'droolingest' St. Bernard they ever saw, totally out of place on Long Island's south shore. The teens' journey with Doc's mentoring, starting with an idea and creating an exciting opportunity is shared with readers. So for a young entrepreneur like Freddie or Billie, thinking about a new business idea they want to pursue, maybe design a new kitchen tool, create a new pet accessory, or maybe develop a new fishing jig, and don't know where to start, or like the idea of 'doing your own thing', this book can help. Helping young entrepreneurs is why Freddie and Billie's New Business Adventure was written. And if their journey helps even one young entrepreneur say, 'I can do that', the author will have accomplished his mission.
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Judging by all the hoopla surrounding business plans, you'd think the only things standing between would-be entrepreneurs and spectacular success are glossy five-color charts, bundles of meticulous-looking spreadsheets, and decades of month-by-month financial projections. Yet nothing could be further from the truth. In fact, often the more elaborately crafted a business plan, the more likely the venture is to flop. Why? Most plans waste too much ink on numbers and devote too little to information that really matters to investors. The result? Investors discount them. In How to Write a Great Business Plan, William A. Sahlman shows how to avoid this all-too-common mistake by ensuring that your plan assesses the factors critical to every new venture: The people—the individuals launching and leading the venture and outside parties providing key services or important resources The opportunity—what the business will sell and to whom, and whether the venture can grow and how fast The context—the regulatory environment, interest rates, demographic trends, and other forces shaping the venture's fate Risk and reward—what can go wrong and right, and how the entrepreneurial team will respond Timely in this age of innovation, How to Write a Great Business Plan helps you give your new venture the best possible chances for success.