According to John Warrillow, the number one mistake entrepreneurs make is to build a business that relies too heavily on them. Thus, when the time comes to sell, buyers aren't confident that the company-even if it's profitable-can stand on its own. To illustrate this, Warrillow introduces us to a fictional small business owner named Alex who is struggling to sell his advertising agency. Alex turns to Ted, an entrepreneur and old family friend, who encourages Alex to pursue three criteria to make his business sellable: * Teachable: focus on products and services that you can teach employees to deliver. * Valuable: avoid price wars by specialising in doing one thing better than anyone else. * Repeatable: generate recurring revenue by engineering products that customers have to repurchase often.
This book also shows you how to master the psychology of selling subscriptions and how to reduce churn and provides a road map for the essential statistics you need to measure the health of your subscription business.
" Filled with hundreds of specific examples and organized into a coherent framework of practical concepts that can be applied by managers and entrepreneurs at all levels, Built to Last provides a master blueprint for building organizations ...
Throughout, the book uses revealing case studies that show how to energize customers in both consumer and business - to - business worlds, in both large and small firms.
Built to Grow is your game plan, your blue print to deliver accelerated, sustained and profitable business growth and through the process become the architect of your own destiny.
This book dispatches a raft of real-world examples and case studies from Fortune 500 marketers like American Express, Dell, Federal Express, IBM, and many more.
Most people wake up and drive to a job that they hate.
In Zero to One, legendary entrepreneur and investor Peter Thiel shows how we can find singular ways to create those new things.
The essential guide to selling your business—and walking away with maximum wealth Nearly every entrepreneur dreams of one day selling their business for big bucks, but far too many aren’t aware of exactly what it takes to do so.
Yet few people—even ardent students of management and corporate history—know anything about Darwin Smith. He probably would have liked it that way. A man who carried no airs of self-importance, Smith found his favorite companionship ...
Do you want to sell your company for maximal profit? Why read this summary: Save time Understand the key concepts Notice: This is a BUILT TO SELL Summary. John Warrillow'sBook. NOT THE ORIGINAL BOOK.