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Product Description
Review
Since Koch has been about equally successful as an entrepreneur and investor and as a business author, he is someone worth listening to.
Product Description
Richard Koch has made a career out of spotting 'Star Businesses' - and has made millions from them. By a 'Star Business' he means a new business that operates in a high-growth market and is a leader in that market. In his new book, the author of the worldwide bestseller The 80/20 Principle shows how you too can get rich from the 'Star Principle'. Chapters in this book include: 1. So what exactly is a star business? 2. The art of creating stars 3. Benefit from somebody else's star 4. Fake stars 5. The star takes off!
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First Sentence
To know much is not to be wise. Read the first page Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
To know much is not to be wise. Read the first page Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most Helpful Customer Reviews
6 of 6 people found the following review helpful
Format:Paperback
Having read Richard Koch's much admired earlier book, the 80/20 Principle, I was quite intrigued to read a follow up. To substantial surprise it informs us he's made over £100 million from his 'Star' investments; something he never mentioned in his earlier book, but most certainly makes his opinion that bit more worthwhile to listen to. It's usually better advice on how to make good investments from a guy worth £100 million than a guy who is not.
It's written more as a biography with a wealth of business and investment experience, insights and advice rather than a step by step 'how to' styled or overly formula laden, dry business book. Although this format from successful entrepreneur types can get a little tiresome, this one keeps its head above water by not being too indulgent in his ego, in fact it's probably the opposite. He discusses his mistakes with as much insight as his successes, and the lessons he learnt from both.
Through the different chapters he enlightens the reader more and more through his case studies in his own career, brands such as Betfair, Belgo's, FiloFax, Plymouth Gin and others, so you get a clear idea that all of his statements aren't just abstract philosophies or impressions but a principle he's tested and seen succeed.
So what is the Star Principle? It's really the 80/20 of investing. The 80/20 in it's essence states that 80% of outputs come from only 20% of inputs. Here Richard Koch believes he's isolated the small number of inputs and factors necessary to produce a star business; a business which is top performer in a rapidly growing niche. It's quite simple, but it is insightful.
While sifting through different projects and businesses to invest my time and effort in, this book has recently proved to be a highly useful tool to add to many other methods of analysing which projects to go ahead with and which to put on the shelf.
The tone is light, warm and novel-like, so you can fly through it in a few hours. Well worth a read!
It's written more as a biography with a wealth of business and investment experience, insights and advice rather than a step by step 'how to' styled or overly formula laden, dry business book. Although this format from successful entrepreneur types can get a little tiresome, this one keeps its head above water by not being too indulgent in his ego, in fact it's probably the opposite. He discusses his mistakes with as much insight as his successes, and the lessons he learnt from both.
Through the different chapters he enlightens the reader more and more through his case studies in his own career, brands such as Betfair, Belgo's, FiloFax, Plymouth Gin and others, so you get a clear idea that all of his statements aren't just abstract philosophies or impressions but a principle he's tested and seen succeed.
So what is the Star Principle? It's really the 80/20 of investing. The 80/20 in it's essence states that 80% of outputs come from only 20% of inputs. Here Richard Koch believes he's isolated the small number of inputs and factors necessary to produce a star business; a business which is top performer in a rapidly growing niche. It's quite simple, but it is insightful.
While sifting through different projects and businesses to invest my time and effort in, this book has recently proved to be a highly useful tool to add to many other methods of analysing which projects to go ahead with and which to put on the shelf.
The tone is light, warm and novel-like, so you can fly through it in a few hours. Well worth a read!
4 of 6 people found the following review helpful
Format:Paperback
This book is a "must read" for all private equity investors and everyone thinking of changing jobs. Richard Koch quickly shows how to identify a "star" business and the rewards that can be achieved by investing in or working in one. This book is not a technical manual; more a quick guide with plenty of real life examples of businesses that have been stars or are still stars.
3 of 5 people found the following review helpful
Format:Paperback
If you're looking for the big idea or you already have one you hope will make you rich this book will help you to hone it. The advice is clear and forcefully presented. I found the chapter on prompts particularly useful
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Most Recent Customer Reviews
The Star Principle
A very useful and informative book by Richard Koch who has put into writing his success template over 20 years in investing in star niche businesses. Read more
Published 18 months ago by Greg
Start Principle
What makes a Star business and the strategies that have to be produced and implemented. An interesting analysis and the steps to take to make or identify a Star business. Read more
Published 21 months ago by Mr. Eric Sutherland
A thoroughly enjoyable and very worthwhile read.
I found The Star Principle to be very accessible and easy to digest (unlike most business books) with the key messages clearly presented. Read more
Published on 27 April 2008 by Mr. J. Finch
HOW TO GET RICH
Very easy to read and quite convincing. It's made me want to start my own business, whereas I had not really thought about that seriously before. Read more
Published on 19 Mar 2008 by Douglas H. Blowers
Stimulating
Very enjoyable and stimulating read, provokes lots of thinking about how you could create or find a star business.
Published on 18 Mar 2008 by Cadman
The Secret of Success
Another stimulating and thought provoking contribution from Richard Koch. The Star Principle sets out a robust and convincing methodology for picking investments but includes so... Read more
Published on 11 Mar 2008 by R. A. Field
Practical advice from someone who has been there and done it
There's something in this book for everyone who believes there must be a practical, easy-to-follow and implement 'success formula' for business, whether it be through starting or... Read more
Published on 7 Mar 2008 by christopher valle
A GREAT SEQUEL TO THE 80/20 PRINCIPLE
Richard Koch is best known for his books about the 80/20 principle. Here is a real sequel -- a totally different subject, about how to get rich by using a proven economic... Read more
Published on 28 Feb 2008 by A. Calder
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