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Fail Fast or Win Big
Book

Fail Fast or Win Big

The Start-Up Plan for Starting Now

AMACOM, 2015 mais...


Editorial Rating

8

Qualities

  • Innovative
  • Applicable

Recommendation

One of four new businesses fails in the first year, so entrepreneurs undertaking a start-up must know what they are doing. Bernhard Schroeder, the acclaimed director of the Lavin Entrepreneurship Center at San Diego State University, offers advice and wisdom gained from his entrepreneurial success. Schroeder was a senior partner at the marketing agency CKS | Partners, which sold for more than $300 million. His firm planned the business strategy for Amazon. Though perhaps somewhat optimistic about crowdfunding, his advice is useful and direct. It is accessible and almost always very comprehensible, though he occasionally offers impenetrable statements like, “Customers are not always right, but they are never wrong.” Seasoned salespeople will intuitively understand what he means, though beginners could be a bit baffled at first. getAbstract recommends Schroeder’s solid, wide-ranging and applicable advice to all aspiring entrepreneurs and to those leading entrepreneurial ventures within established firms.

Take-Aways

  • Moving fast gives entrepreneurs an advantage and a better chance to succeed.
  • Today’s market pace makes the “traditional entrepreneur’s model” obsolete. Once you spot an opportunity, you don’t have time to write a business plan.
  • Creating a business plan wastes time and doesn’t spur sales, and a plan ages quickly.

About the Author

Bernhard Schroeder, a director at the Lavin Entrepreneurship Center at San Diego State University, was a senior partner at CKS | Partners.


Comment on this summary or Iniciar a Discussão

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    H. U. 9 years ago
    Great read. Very concise and underlined the most crucial aspects of starting a business in this fast changing world
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    L. O. 9 years ago
    Great summary indeed,intellectual at work, very articulated and concise. Am motivated already.
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    N. I. 9 years ago
    A great summary of a great book. Truly, with dynamic and highly changing business world today, time is the most important resource and this is what the punch line of this book. Well written summary deserves high credit.

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