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Bootstrap to Billions: Proven Rules from Entrepreneurs who Built Great Companies from Scratch, by Dileep Rao
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From the stories of entrepreneurs who have built some of the world's great companies (such as the world's largest medical device company and the world's largest consumer electronics retailer), Bootstrap to Billions shows entrepreneurs how they too can control and build a huge business from scratch to create wealth and keep it.
There are many ways to failure, only a few to success. Bootstrap to Billions shows entrepreneurs and managers how to succeed by learning from 28 entrepreneurs who started and built some of the world's great companies.
Contrary to currently popular belief, entrepreneurs can bootstrap to success. Bootstrap to Billions shows entrepreneurs and managers how these business giants bootstrapped and used alternate financing options to grow. Most of them - about 80% - never got venture capital. These entrepreneurs found their best market, designed the right strategy, developed the organization culture and leadership, and reached the top with capital-efficient strategies to minimize the need for capital. Lack of money did not constrain their growth. Many entrepreneurs may be better off by bootstrapping and alternate financing to build and control their business to create wealth and keep it.
- Sales Rank: #1002610 in Books
- Brand: Brand: Interfinance Corporation
- Published on: 2010-01-11
- Original language: English
- Number of items: 1
- Dimensions: 8.90" h x .90" w x 5.90" l, 1.20 pounds
- Binding: Paperback
- 328 pages
- ISBN13: 9780980047721
- Condition: New
- Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!
About the Author
Dr. Dileep Rao is an entrepreneurial columnist for Forbes.com, author of books for the American Management Association and the New York Times, and adjunct professor at the U of Minnesota. Previously, he was the managing director of five companies and has financed 450 startups, growing businesses, and real estate projects. Dr. Rao was the chairman of one corporation and a director of emerging ventures and financial institutions. Dileep Rao consults with entrepreneurs, managers, governments, corporations and development financiers in venture development; and assists financial institutions in business financing programs. Dr. Rao has been an adjunct professor teaching New Business Formation and Development and Venture Financing in MBA programs in the U.S., Europe and Asia. He is a three-time winner of the Outstanding MBA Teacher of the Year, and won the 2008 Excellence in Teaching Award. Dr. Rao has also written nationally acclaimed business reference books including Finance Any Business Intelligently™, Business Financing: 25 Keys to Raising Money (New York Times Pocket MBA Series, N.Y.) and the Handbook of Business Finance & Capital Sources (Co-Publisher: American Management Association, New York, NY). Sample reviews include: ''Business needs all the help it can get. Like the U.S. Cavalry, (Rao's) Handbook enters the scene just in time'' -Inc. magazine.
In addition to two engineering degrees, Dr. Rao has a doctorate in business administration
Most helpful customer reviews
3 of 3 people found the following review helpful.
Very insightful read - up close and personal
By S. M.
This is one of the best books I've read about what makes a successful entrepreneur. It reads very easily and is packed with information that is easy to understand - even to someone who is not an entrepreneur like myself. Each chapter in the book is about a different entrepreneur and covers companies like Aveda, Best Buy, Great Clips, Medtronic, among several others. In the introduction the author mentions that the book is a result of interviews with each of the entrepreneurs - which is probably why each chapter reads like a story in itself. Each chapter has details starting from the the childhood experiences of the entrepreneur, to the successes and lessons learned on their journey to success - and includes circumstances and considerations that resulted in decisions made by them. I liked how the author highlights "lessons learned" after each section. I also liked that I got a good insight into not just the financial and environmental circumstances and decisions that led to their successes, but that I also got a good sense of the personalities of the entrepreneurs interviewed. Besides the insight into entrepreneur's personal considerations, I also found the details on how they handled funding and cash flow related situations very insightful. Overall, I would highly recommend this book to anyone who either wants to become an entrepreneur, or is an entrepreneur and would like to gain insight into how to deal with some complex situations, or is just plain curious about what makes these billionaires tick.
3 of 3 people found the following review helpful.
This is a one of those "you gotta read it" books
By Bruce Bratton
I am an entrepreneur and have my MBA from The Wharton School. What I learned from Dr. Rao and his book was like receiving a mini-MBA in how to launch and grow a business.
First, I heard Dr. Rao make a speech presenting many insights he found in his adventure of interviewing this group of successful entrepreneurs. Dr. Rao's presentation used humor and his perspective from his own successful career to demonstrate how entrepreneurs often start down a chosen path but have life and competitors steer them in other directions which leads to the entrepreneur's success and wealth. I took notes furiously during the presentation, barely able to keep up with the ideas that come flying at you from Dr. Rao. The presentation was as valuable as the book.
And then, of course, I had to buy the book. I have dog-eared so many pages which had great ideas I wanted to study and remember that the book doesn't lay flat anymore. What makes the book so compelling is that Dr. Rao's interview style with his subjects was very successful since it was able to draw so many ideas out of the minds that created them. Equally as interesting and helpful is that the content of the entire book is laid out in numbered paragraphs according to each entrepreneur interviewed with many of those paragraphs containing their own $1,000,000, $10,000,000, $100,000,000 and $1,000,000,000 ideas.
This is one of those "you gotta read it" books.
1 of 1 people found the following review helpful.
A Great Read
By Joan Bursack
This book is a great read for the lay person who wonders what makes some entrepreneurs so successful. I am not a business person, but found the lessons applicable for finding success in any pursuit. It is also fascinating to read about people who have had influence in our lives because of their innovations and insights.
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