Summary of The Entrepreneur Equation
Evaluating the Realities, Risks, and Rewards of Having Your Own Business
If you want to run your own company, learn whether entrepreneurship is right for you.
Consultant and author Carol Roth takes a straight-up, no-nonsense tone in this easy-to-read guide containing useful, if somewhat obvious, advice. For example, individuals who can’t manage their personal finances shouldn’t try to manage a business. Or future entrepreneurs think that if they run their own companies, they’ll have more free time, though, in reality, they will have less. While Roth writes in an engaging style and provides useful self-analysis questions in each chapter, her book needs more examples of real-world successful and failed entrepreneurs. Future entrepreneurs could be deterred by Roth’s fairly negative tone, although she might be doing them a big favor in that sense. getAbstract recommends this helpful if limited overview to potential future entrepreneurs who must evaluate whether they’re cut out for such a path.
In this summary, you will learn
- What the challenges of entrepreneurship are,
- How to debunk prevalent false assumptions about entrepreneurship and
- How to determine if becoming an entrepreneur is the right career path for you.
Comment on this summary
4 years agoWell written and clearly summerizes the book contents and ideas.
I've read the book (Audio version) and this abstract fails to clarify that this is for newbies who dream of becoming entrepreneurs. At the end, it strikes me as a slap back to reality for those newbies.
Of course Hard realities are every where, even in a game of Monopoly. If you are a serious entrepreneur who understand what risks are you taking and ready to take on unusual challenges, this book is not for you.
4 years agoI like the summary, but don't like the book. Yet another book written by an "expert" who's never started or run a business and sounds like she is too fearful to do so herself.
Better books for serious entrepreneurs are "The art of the start", written by a successful serial entrepreneur, and "how to get rich" written by a British billionaire entrepreneur...and many others.
She bangs on about needing money, yet most successful businesses were boot-strapped not VC funded. She approaches the whole thing from an "employee mindset".
4 years agoAgree!
However, to the authors' defence, this is a trend that has to be addressed. I talk everyday to people who whine on their desk jobs and dream of becoming their own bosses. I would recommend this book to them.
Others with high potentials, I'll go with your recommendations
4 years agovery good audio book
Contained in Knowledge Pack:
Knowledge PackCorporate EntrepreneurshipHow to drive your company to the top by instilling entrepreneurial spirit in every employee.
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