Think Bigger
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Оглавление
Sonnenfeldt Michael W.. Think Bigger
Acknowledgments
Introduction
STAGE 1. Self-Assessment
LESSON 1. Know Thyself!
LESSON 2. Self-Control Beats Passion
LESSON 3. Be Wildly Optimistic – Delusional, Even
LESSON 4. Let Others Underestimate You
LESSON 5. Grit Beats IQ – Most of the Time
LESSON 6. Experience at a First-Rate Company Is Really Valuable
LESSON 7. Your Disability Can Be an Advantage
LESSON 8. Your Significant Other Must Enjoy Roller Coasters
STAGE 2. Team Building
LESSON 9. You’re Never Too Smart – or Too Old – for a Mentor
LESSON 10. Mentors Are Available for the Price of Asking
LESSON 11. The Right Partner Can Multiply Your Potential
LESSON 12. Know When to Be Nice
LESSON 13. Hire for the Good – the Bad Comes at No Extra Expense
LESSON 14. Surround Yourself with People Who Are Smarter Than You
LESSON 15. Diversity Makes You Smarter
STAGE 3. Risk Management
LESSON 16. Risk Is in the Eye of the Beholder
LESSON 17. Approach Risk Like a Farmer
LESSON 18. Identify Your Blind Spots with a Periodic Portfolio Defense
STAGE 4. Growing Your Business the Smart Way
LESSON 19. Entrepreneurship Is Rarely about Just Making Money
LESSON 20. Hone Three Different Kinds of Focus
LESSON 21. Curiosity Fuels Creativity
LESSON 22. Think Bigger
LESSON 23. Think Twice Before Investing with Friends and Family
LESSON 24. Don’t Overvalue Your Company
LESSON 25. Live Below Your Means
LESSON 26. Make Failure a Key Part of Success, and Don’t Let Success Blind You to Even Bigger Opportunities
LESSON 27. Don’t Keep Your Family in the Dark
LESSON 28. Hire Your Kids with Care
LESSON 29. Take a Lot of Vacations
STAGE 5. Protecting Your Wealth
LESSON 30. Entrepreneurial Skills Can Limit Investing Success
LESSON 31. Get Financially Literate
LESSON 32. If You’re Not a Professional Investor, Be a Passive One
LESSON 33. Diversify Prudently
LESSON 34. Spend Less
LESSON 35. Don’t Give Your Kids Anything – But Be Willing to Invest Everything in Them
LESSON 36. Consider Life Insurance
LESSON 37. We Actually Live in an After-Tax World
STAGE 6. Making It Meaningful
LESSON 38. Apply Your Skills to Solve Social Problems
LESSON 39. Leverage Public/Private Support for Social Entrepreneurship
LESSON 40. Seek Double-Bottom-Line Returns
Conclusion
About the Author
Index
Отрывок из книги
Michael W. Sonnenfeldt,
Founder, Tiger 21
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It turns out that I wasn’t the only entrepreneur who craved the advice and community that only fellow entrepreneurs could provide. Unlike those who work in hedge funds, banks, or traditional businesses, entrepreneurs lack the structure and institutional knowledge that these more established businesses provide.
Entrepreneurs need guidance – and not just when they’re starting out. They need guidance when they’re growing their companies and pulling them through the inevitable crises that pop up. Those lucky few whose businesses become valuable enough to sell need it even more. The right advice can position a sale to yield multiples of after-tax or philanthropic dollars that might have been lost because of poor planning or missed opportunities. It can save an entrepreneur from jumping into a sale prematurely and help prepare him or her for what comes next – which is often even more challenging. There are any number of people and firms who will offer you investment and management advice for a price. But objective, disinterested guidance from fellow entrepreneurs who have already built and sold companies of their own is awfully hard to come by.
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