8 Building Blocks To Launch Manage And Grow A Successful Business Second Edition


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8 Building Blocks To Launch, Manage, And Grow A Successful Business - Second Edition


8 Building Blocks To Launch, Manage, And Grow A Successful Business - Second Edition

Author: Paul B. Silverman

language: en

Publisher: BookLocker.com, Inc.

Release Date: 2024-04-10


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8 Building Blocks To Launch, Manage, and Grow A Successful Business - Second Edition is about opportunity and achieving success, reinforced by the opening Mark Twain quote "So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sail. Explore. Dream. Discover." The book helps readers navigate from business idea to launching a successful new venture. An easy-to-read entertaining book delivering powerful, useful counsel. Entrepreneurs with experience learn starting a new venture really is the easy part– from business idea, business plan, resources, and launch- these skills can be learned. A recent search on Amazon showed 9,003 "start your own business" or "SYOB" books and many are excellent. And they cover skills the author calls Entrepreneurial Management 1.0. But SBA statistics show half of all these new ventures fail within five years- the challenge is not starting a new business but growth and survival. So, with plenty of books out there, why kill trees for one more? The more relevant question is despite all these resources, why do half of all new ventures fail to meet the critical five- year milestone? Today's challenges demand you know more. Entrepreneurial Management 1.0 skills are just not good enough to help you be a "Survivor" entrepreneur. Simply put, yesterday's skills do not meet today's entrepreneur's needs. Before committing resources to develop new ventures, Fortune 500 firms go further, look at strategic issues, identify alliance and global strategies, understand how new venture metrics impact overall return given 3 to 5,000 other products and services in their business. And these Fortune 500 techniques provide the foundation for what the author defines as Entrepreneurial Management 2.0, a new entrepreneurial management discipline drawing upon new venture 'best practices', Fortune 500 firm techniques for launching and managing new ventures, and the author's experience working with many early-stage public and private companies. Helping entrepreneurs gain new skills needed to meet today’s challenges, reach the critical five-year milestone, and create more "Survivor" rather than "Maybe Next Time" entrepreneurs, is why the author wrote this book. Entrepreneurial Management 2.0 includes a portfolio of new entrepreneurial management skills organized into the eight "Building Blocks" which are defined and explained with examples in the new book. The Second Edition includes edits to improve readability and several new sections. The Digital Marketing arena is moving quickly, impacting today’s traditional sales and marketing processes. The Second Edition includes a new section on Digital Marketing, reviewing tools, methodologies, and impact for entrepreneurs. Regulatory guidelines for securing capital have changed significantly since the First Edition release in 2015. The regulatory section has been revised and updated with updates on the JOBS Act related regulations and a new section addressing the SEC's 'Regulation Crowdfunding' initiative offering entrepreneurs new alternatives to secure financing.

8 Building Blocks To Launch, Manage, And Grow A Successful Business - Second Edition


8 Building Blocks To Launch, Manage, And Grow A Successful Business - Second Edition

Author: Paul B Silverman

language: en

Publisher:

Release Date: 2024-04-10


DOWNLOAD





'8 Building Block' or '8BB' is a book about opportunity and achieving success. '8BB' Second Edition provides motivation, guidance, management tools and a vision helping readers navigate from a business idea to create a new venture.

8 Building Blocks to Launch, Manage, and Grow a Successful Business


8 Building Blocks to Launch, Manage, and Grow a Successful Business

Author: Paul B. Silverman

language: en

Publisher:

Release Date: 2015-05-29


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Why Do Half of All New Ventures Fail After 5 Years? Think about two types of entrepreneurs, what the author calls a " "Survivor"" and" "Maybe Next Time"" entrepreneur. Your challenge - survive the critical 5 year milestone and be a " "Survivor"" entrepreneur. More rewarding and more fun compared to a " "Maybe Next Time"" entrepreneur. Unfortunately today's " SYOB books" (" start your own business" books) fall short. Simply put, yesterday's skills do not meet today's entrepreneur's needs. Today's " SYOB " books cover skills the author calls " Entrepreneurial Management 1.0 " - not good enough to help you be a " "Survivor"" entrepreneur. " Develop strategy management plans. Develop defensible business models. Execute winning capital formulation strategies. Understand how shifting markets, technology, competition impact your business. Use value chain analysis to drive business models. Develop Key Performance Indicators. Understand how to gauge market attractiveness with Five Force models. Identify "crossing the chasm" strategies to create scale. Analyze financials using accounting metrics. Manage and communicate professionally with investors and stakeholders." These are not today's typical start your own business skills but must be. And these new skills are the foundation for what the author calls " Entrepreneurial Management 2.0 ", a new entrepreneurial management discipline developed by the author, drawing upon Fortune 500 firm management techniques, and the author's experiences working with many early stage companies. " "To be a great athlete or entrepreneur, you must master the fundamentals of the game. If you want to score big as an entrepreneur, Paul Silverman has provided the path--all the basics plus compelling real life stories. A must read for the next Steve Jobs, Mark Zuckerberg, or Jeff Bezos."" - Tom McMillen, Former Congressman, Olympian, NBA star, and businessman " Entrepreneurial Management 2.0 " provides two powerful benefits for Entrepreneurs: Improve your ability to "professionally manage" your business Send a strong positive message to investors, stakeholders, partners, colleagues, and others by sharpening your management skills, helping you be a " "Survivor"" entrepreneur. Improve your ability to attract investors and secure financing Demonstrate to investors that you understand your market, competition, pricing, strategic positioning, and are executing well thought out strategies- these are the drivers to secure funding. And these messages are woven throughout " Entrepreneurial Management 2.0 " What You Will Learn Reading 8 Building Blocks to Launch, Manage, And Grow A Successful Business " Entrepreneurial Management 2.0 " includes new entrepreneurial management skills with examples organized into " 8 core Building Blocks: " Building Block 1: Idea vs. Opportunity: Do you have a Business Idea or a Real Business Opportunity? Building Block 2: Business Model: How Will You Create Value for You and Your Investors? Building Block 3: Marketing Plan: What Will You Sell To Whom, For How Much- How Will You "Cross The Chasm?" Building Block 4: Financials: What are Your Financial Projections? Building Block 5: Competition: Current, Future, Market Evolution, Outlook? Building Block 6: Business Plan: What is Your Strategy to Create a Sustainable, High Growth Company? Building Block 7: Capital Formulation Strategy: What Are Your Funding Needs, Structure, Timing? Building Block 8: Growth Management: How Do You Manage Your Company to Demonstrate Credibility and Scalable Growth Opportunities? For reviews and book details refer to www.paulbsilverman.com/books.