Wake Up and Change Your Life Paperback – 21 Aug 2008
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|Paperback, 21 Aug 2008||
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Top Customer Reviews
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.
Written with unequivocal business insight, this unique bible offers genius and sound advice from someone who has travelled the journey from extreme poverty to multi-millionaire status.
A must read for business entrepreneurs everywhere, it is an inspiration beyond compare for all of us who want to better ourselves and emulate our nation's richest, most popular and treasured Dragon !
I finished the book in the early hours of this morning and felt inspired to leave a review before I jetted off for 2 weeks as I couldn't wait 2 weeks to tell my business friends how good it is!
I found the book to be an essential tool in planning, raising funds and running your own business.
This is a 'must read' from the most famous Dragon from the BBC2 program.
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.Read more ›
"Anyone can do it"..."Wake up and change your life"... are these really the words of the same person who slumps in his chair and shakes his head from side to side when an enthusiastic entrepreneur pitches their dream to him? If only the "dragons" were as rich in manners as they were money, then perhaps I could have some admiration for them. The book is okay, hence the three stars, but If I was a publisher and Duncan was an unknown, not on the telly as a dragon,then I would have to shake my head from side to side and say "sorry, I'm out".
I expected a fairly lukewarm standard business start up book.
Idea...blah blah ..plan blah blah... funding blah blah
It was so much more than that, and as a serial business owner, I found of a lot of interesting stuff in all departments, not just how he views a business, but issues like motivation of staff, and even why he does not outsource., and some of these insights are real golddust
Good and well worth the read, including the anecdotal stuff.
If it has weaknesses they are partly because no book can cover it all, and also because much of his business career has been focussed on such as subscription model businesses with a property capital asset. So did not identify some other risks for example , for newcomers I would have liked to have seen serious healthwarnings leasing property commercially, since the contracts lock you in to a cage, and can be the thing that bankrupts a new entrepreneur if the business fails, also that even if you sell the business unless you are careful with lease drafting you can be responsible for new owner debts.
All in all a great book - and if Duncan wants to improve it , I would have liked to see an anecdoatal chapter about getting out of a potentially terminal scrape, and crisis management, which all entrepreneurs face from time to time.
Looking forward to reading the next one.
Most Recent Customer Reviews
Very good book. Here's a man who started with nothing
and became very rich. Good read.
Duncan Bannatyne is superb in his mentor seating approach to this Publication, despite the odd typography oversight by the Publishers.Published 2 months ago by David Milburn
I bought this second hand from The Book Depository on Amazon, in very good condition and well delivered. Read morePublished 6 months ago by Lynneda K. Geraghty