- Audio Download
- Listening Length: 10 hours and 8 minutes
- Program Type: Audiobook
- Version: Unabridged
- Publisher: Gildan Media, LLC
- Audible.co.uk Release Date: 14 Dec. 2011
- Language: English
- ASIN: B006M35WFM
- Amazon Bestsellers Rank:
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Street Smarts: An All-Purpose Tool Kit for Entrepreneurs Audio Download – Unabridged
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Top Customer Reviews
Many small business owners get stuck in what Perry Marshall called 'bright, shiny object syndrome', where you're always reaching for new distractions that you think will boost your business, without doing the simple things right. Norm Brodsky brings you through those simple things in a very easily readable narrative, focusing on case studies of his own successes and failures as well as those of the people who he gave advice through the years. It's about the importance of key numbers in your business, but also equally the psychology behind your decisions and actions.
He's quite up front about his own failures and character flaws, and writes in a warm, relaxed and confident tone of a man who's been there and done that and has little to prove, least of all to himself. It makes for easy reading, but there's value in there.
Seemingly this book sprang from a popular column in Inc Magazine, but thankfully it doesn't feel like a couple of dozen articles stretched over 250 pages, a trap some fall into. In fact he neatly slides excerpts from his 'Ask Norm' column into relevant case studies. He's very balanced, broad and empathetic in his descriptions and analysis of himself, his competitors and those he gave advice to.
To conclude each chapter he does a little bullet point reminder of principles he's just explored. Some might find this a little over-simplistic but for me it was a welcome addition. It might have benefited further by expanding that to explicit actionable tasks to analyse one's own business. Maybe that would be asking too much.
To sum up, it was an enjoyable read, and I still managed to gain insights in spite of already having read dozens of business books. Get it, it's well worth the price!
However, from there the book goes on to be an educative primer on just about every aspect of owning and running a small business - from closing the right types of sales to identifying your core competencies; from spreading your client base to dealing with banks, venture capitalists and other lenders.
There is basic advice on building a business for sale; how to treat competitors; negotiation skills; holding on to clients; choosing salespeople; and who to turn to for advice.
In 274 pages it isn't going to teach you all you need to know about the above, but with lots of real-life cases from the author's mentoring background and own business (and in the form of letters, presumably from his magazine column, which are too brief and don't add much), this book is a fast and useful read containing many pieces of advice that I suspect will serve any budding entrepreneur well.
I've been teaching classes about how to start small businesses for many years and have many clients around the world who run small businesses. From these experiences, I've learned that those who want to learn about small business usually fall into one of the following categories:
1. They like the idea of being their own boss but have no idea of what's involved . . . but they would like to learn more.
2. Someone in the family had a successful small business, and they liked what they saw and want to do it for themselves.
3. They do something very well and work for an employer who doesn't treat them well enough. They feel they can strike out on their own, do well, and make more money.
4. The person has fallen in love with a dream of what a small business might be, but they aren't interested in changing anything about the dream . . . including things that doom the dream to fail.
5. They have been successful in a managerial role in a medium-to-large business, have some money, and want to take on a situation where they can improve effectiveness.
Why am I tell you all this? It's to help you understand who should read The Knack. This book will be highly valuable for those in the first category by filling in some of their knowledge gaps due to a lack of experience in running a small business. The book will also help them to realize they should find some experienced business people to learn from.
There's a drawback for this group: This book is a little too advanced for people who have few ideas about what a small business does. Mr.Read more ›
Most Recent Customer Reviews
Bought this s*** thinking it was Knack, put it in PS4 but didn't work, very disappointed the developers need to get their s*** together. 7.8/10 would bangPublished 14 months ago by Jimmy rustler
I originally got this book in audiobook version but I wanted to physically look at some of the examples so I bought the hardcopy. Read morePublished 21 months ago by Wakey
a great book full of useful advice and tips and real key points of how to watch your numbers, costs and plan for the future. Read morePublished on 4 Oct. 2011 by darren smith
I really enjoyed this book. It's a pracitcal insight into how the author (Norm) built his businesses, and he goes over successes and mistakes. Read morePublished on 12 Dec. 2009 by Ian Howlett
I own hundreds of books varying from business to sales to educational literature and this book is in the top 5 of books that I not only enjoy reading but must read on a regular... Read morePublished on 5 Nov. 2009 by Niblick
I especially like the first part detailing use of profit statement, cashflow statement etc. The book is an entertaining read.Published on 4 July 2009 by PS User