Every great business - whether it's a popular pizza restaurant or a baby formula maker - is built on the same core fundamentals. Warren Buffett figured out this universal business truth at an early age, and used it to turn an initial investment of $105,000 into a massive $40 billion fortune. Building a Small Business that Warren Buffett Would Love takes this sound investment methodology and adapts it for small business owners looking to build, grow, or improve their own businesses.
Taking a long, hard look at Buffett's investment choices, business and investing guru Adam Brownlee identifies the common principles that link the many companies that populate Berkshire Hathaway's impressive portfolio. Highlighting the essentials that make these businesses great - from their strong earnings track records to their ability to successfully raise prices to match inflation - the audiobook presents a road map for transforming your business using the same simple values that define these economic powerhouses.
Humorous and accessible, Building a Small Business that Warren Buffett Would Love looks at some of the world's most successful businesses - Coke, Hershey's, McDonald's, and many others - to demonstrate the sound logic and plain-to-see success of Buffett's way of doing business. Packed with essential information for start-ups and existing small businesses looking to take things to the next level, the audiobook includes everything budding entrepreneurs need to know to build fundamentally sound small businesses that will not only survive but thrive in today's uncertain economic climate.
Warren Buffett redefined successful investing when he figured out exactly what makes a successful business tick and then put his money into those businesses - and only those businesses. It worked for him, and it can work for you. With this audiobook, you've taken the first step towards creating the kind of small business that not just Buffett, but any intelligent investor, will love.
©2012 Adam Brownlee (P)2012 Gildan Media, LLC
Can's say I regret buying the audiobook, but the narration could have been a bit more engaging and I found at times that the book was focusing too much on executing the formula rather then talk about conceptualizing the intention of the author. Antagonistically, at times it was far too conceptual when I felt it should have provided a more detailed and technical insight.
"The Busines Warren Buffett would Invest in"
It simplified the understanding of business numbers
I learned how to understand financials and view more accurately the true value of a business.
Ratios! This came out as critical to measuring a business.
"Stating the obvious again and again..."
This book contains one semi-interesting idea for your business (monopoly) and the a rehash of business numbers over and over, with "building a small business that Warren Buffett would love" inserted into every third sentence. If you know that consistent profit is good you don't need this book, cause that's all it says over and over, offering no clue as to how to achieve that profitability.
Enjoyed the narration a great deal. Listening to numbers and figures were frustrating, so I bought the print copy. However, I found this audio book so helpful and practical, I'm listening again and implementing into my business piece by piece.
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