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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.
Storytelling has come of age in the business world. Today, many of the most successful companies use storytelling as a leadership tool. At Nike, all senior executives are designated "corporate storytellers." 3M banned bullet points years ago and replaced them with a process of writing "strategic narratives." Procter Gamble hired Hollywood directors to teach its executives storytelling techniques. Some forward-thinking business schools have even added storytelling courses to their management curriculum. The reason for this is simple: Stories have the ability to engage an audience the way logic and bullet points alone never could. Whether you are trying to communicate a vision, sell an idea, or inspire commitment, storytelling is a powerful business tool that can mean the difference between mediocre results and phenomenal success. Lead with a Story contains both ready-to-use stories and how-to guidance for readers looking to craft their own. Designed for a wide variety of business challenges, the book shows how narrative can help: * Define culture and values * Engender creativity and innovation * Foster collaboration and build relationships * Provide coaching and feedback * Lead change * And more Whether in a speech or a memo, communicated to one person or a thousand, storytelling is an essential skill for success. Complete with examples from companies like Kellogg's, Merrill-Lynch, Procter Gamble, National Car Rental, Wal-Mart, Pizza Hut, and more, this practical resource gives readers the guidance they need to deliver stories to stunning effect.
Sharing stories and communicating openly are critical tools to promote the growth of individuals, resulting in organizational success as a whole. The stories and lessons contained within this work can benefit any type and size organization.
Since the early 2000s, storytelling as a means of managerial communication has been increasingly advocated, with a focus on the management practices of leadership, change and organizational culture. Most research on storytelling in management practice derives from practitioner experience, but little is known about the specific dynamics behind storytelling as a tool for managerial communication. This book derives from one of the first research studies into storytelling in management practice, which sought to evaluate the assumed, but not necessarily proven, effectiveness of storytelling as a management tool. Building on existing theories of narrative and storytelling in organizations, the book explores how managers use storytelling in their daily practice, revealing that it can be employed both, purposively - like a tool, and perceptively - spontaneously and intuitively. The book explains that storytelling has different functions in management practice at different levels of the organization, such as: Creating direction for the organization Translating strategic messages into operational ones and supporting the professional development of staff Shaping the organization’s social fabric through the sharing of personal stories Aided by a wealth of interviews and case studies, Storytelling in Management Practice reveals an analysis of the dynamic relationship between story, storyteller, audience and organizational context. As such, it will be useful for students and researchers working across a variety of sub-disciplines, including: leadership, organizational behaviour and business communication.
The formula is simple: take a passion--something you love to do, something you're good at, something you already have expertise and interest in--and use it as the basis of a way to generate income. This Passion Profit strategy could be your "plan Bquot; during an economic downturn (or pandemic)! Yes, you CAN make money doing what you love. Steps: 1. Find your purpose. 2. Discover your passion. 3. Create a product. 4. Market it for profit. (338 pages; 7" x 10"; ISBN:978-0974531328) Read more at www.passionprofit.com Read more at : https://www.waltgoodridge.com/books/
There seems to be no dearth of suggestions for making money at home, as the growing number of books devoted to the topic proves. But how many of these ideas are practical and creative at the same time? The experienced team of Sanders and Bullen not only describes more than 100 of the more unusual business vocations, but also interviews quite a few practitioners and lists specific resources to consult. Each entry includes a lengthy explanation of the job, and its duties and responsibilities, along with a top tip (e.g., for aspiring dog or cat breeders, it's suggested as an adjunct to other pet-related businesses, not as a solo venture), getting started, and the going rate. Sure to provoke chuckles are some of the recommendations, albeit all bona fide, such as a garden goosewear designer (yes, for concrete birds) and a beekeeper (no stings in this thought). Good information, well presented.
Turning Passions Into Profits provides specific techniques forrapidly closing the gap between where you are today and where you'dlike to be tomorrow. In this book, Christopher Howard teachespowerful, innovative tools for modeling and replicating theultimate success of some of the world's greatest leaders andbillionaires. With the ability to select and incorporate some ofthe traits, strategies, thought patterns, and behaviors of thosealready achieving results, individuals can plot a course and arriveat a chosen destination quicker than they ever thought possible. Itprovides concrete tools and strategies to fully understand thegoverning principles outstanding achievers use to realize theirvision. In addition, Turning Passions Into Profits supplies exercises toapply these communication and leadership tools to master theseskills-ultimately gaining career, financial, and personal success.
A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.