Wake Up and Change Your Life Hardcover – 21 Aug 2008
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Part autobiography, part business polemic, it will no doubt take pride of place on any aspiring entrepreneur's coffee table. (SHORTLIST - Summer Reading List)
Case studies and a riveting personal history make Dragons' Den star's get-rich book an amusing and helpful read (CITY AM)
His new book is not an autobiography but is backed up with personal reflections that support his claim that anyone with dedication and gumption can make it. (SUNDAY TIMES - In Gear)
His advice is worth its weight in gold for any wannabe dragon (NORTHERN ECHO)
One of Britain's most successful self-made multi-millionaires reveals how you can change your life and make a fortune.See all Product description
Top customer reviews
It's a no nonsense guide to getting your idea developed and your business started.
There's no doubt that Duncan Bannatyne has had an interesting life and done remarkably well from it and while this isn't an autobiography, he does share some of his own story. He wasn't born with the normal advantages which you may think you need to be a hugely successful entrepreneur. His family wasn't rich, he left school without any qualifications, he was dishonourably discharged from the Royal Navy and he admits that he bummed around for ten years before he showed any entrepreneurial flair.
The message is that if he can do it, then so can you.
Chapter 1 focuses on Removing the Barriers - whatever is stopping you from starting a business.
Chapter 2 is about The Idea for your business and how you can find it and check that it's a good one. He lists the ten reasons why some new businesses fail and the seven myths about starting a new business.
Chapter 3 looks at You to make sure that you're made of the right stuff to be a business owner.
Chapter 4 looks at your business plan and why you should do it and not pass it on to someone else. I thought some of his comments about the Profit & Loss account and cash flow were confusing.
Chapter 5 on Raising Finance is excellent. It starts with finding the funds needed from your own resources, moves on to bank finance, other sources of funds and then to business angels and finally venture capitalists.
Chapter 6 is Running Your Business which is a wide ranging chapter covering the business name, branding, the legal form of the business, premises, hiring staff and VAT. There are some useful tips here but the book starts to feel a little superficial in its coverage.
Chapter 7 is Growing Your Business which is about marketing and building your team. Again there are some interesting tips but it's a brief summary of huge topics.
Chapter 8 is called Millionaire and looks at how you turn your successful business into big money by selling it, floating it on the stock market or stepping back and retaining ownership but passing the management over to someone else.
The main strength of this book is in the first five chapters which make it an ideal primer for anyone thinking about starting a business. While it's an interesting read, it is much less relevant for business owners who already have their businesses up and running and want to improve performance.
The book is recommended for anybody who is thinking about starting a business and especially for those who love the Dragons Den TV programme.
About my book reviews - I aim to be a tough reviewer because the main cost of a book is not the money to buy it but the time needed to read it and absorb the key messages. 4 stars means this is a good to very good book.
Paul Simister, business coach
I still recommend you buy,study and act and implement on his advice!!!
Having just buried my first business I wish I had had it 5 years ago. Lessons I have learnt the hard way are spelt out here and should be heeded.
While giving every encouragement to the budding small business person, he makes no bones about the need to know your market, your figures and when to walk away.
A valuable book no small business should be without.
It is not surprising that the advice they give is very similar in style and not one of them says that they regret anything about how they got started.
Buy it, it truly is a great book.
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Most recent customer reviews
and became very rich. Good read.
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