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I believe that if you truly understand Market Based Management philosophy introduced in this book, then you have the best chance of succeeding in your business endeavors. I have read a lot of business books on how to succeed in business. This book gave me a better framework and more ideas to implement than any other I have read.
I believe this is a great blueprint to implement in my business and look forward to using these ideas.
I recommend this book to everyone.
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Would you listen to Good Profit again? Why?
Yes. Koch gives simple solutions many people seem to miss in business. He has wrapped this into a program that has been taught throughout his company. If he offered a course to non employees, I would go. I can apply these daily. For example, who owns the risk in an agreement (contract). Are they really capable of owning that risk. Other topics include compensation and evaluating employees, consultants, products that succeed, products that fail, etc.
Who was your favorite character and why?
I think I would say his family was my favorite character. His dad did not simply give the business. He made him prepare and earn it. In that respect, the book is also a good practice in reflecting on my own parenting.
Have you listened to any of Paul Michael and Charles G. Koch ’s other performances before? How does this one compare?
Was this a book you wanted to listen to all in one sitting?
Any additional comments?
If you don't like his politics, don't let that stop you from hearing his business wisdom. I would say how he seems to treat employees is a key indicator you can respectfully disagree politically while admiring and learning from him in other aspects.
1 of 1 people found this review helpful