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The Founder's Dilemmas
- Narrated by: Mark Mosely
- Length: 13 hrs and 28 mins
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Publisher's summary
Often downplayed in the excitement of starting up a new business venture is one of the most important decisions entrepreneurs will face: should they go it alone, or bring in cofounders, hires, and investors to help build the business? More than just financial rewards are at stake. Friendships and relationships can suffer. Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin. The Founder's Dilemmas is the first book to examine the early decisions by entrepreneurs that can make or break a startup and its team.
Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. He looks at whether it is a good idea to cofound with friends or relatives, how and when to split the equity within the founding team, and how to recognize when a successful founder-CEO should exit or be fired. Wasserman explains how to anticipate, avoid, or recover from disastrous mistakes that can splinter a founding team, strip founders of control, and leave founders without a financial payoff for their hard work and innovative ideas. He highlights the need at each step to strike a careful balance between controlling the startup and attracting the best resources to grow it, and demonstrates why the easy short-term choice is often the most perilous in the long term.
The Founder's Dilemmas draws on the inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, while mining quantitative data on almost 10,000 founders. People problems are the leading cause of failure in startups. This book offers solutions.
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Performance
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Why is profitable growth so hard to achieve and sustain? Most executives manage their companies as if the solution to that problem lies in the external environment - find an attractive market, formulate the right strategy, win new customers. But when Bain & Company's Chris Zook and James Allen (authors of the best-selling Profit from the Core) researched this question, they found that when companies fail to achieve their growth targets, 90 percent of the time the root causes are internal, not external.
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Actionable book
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Under New Management
- How Leading Organizations Are Upending Business as Usual
- By: David Burkus
- Narrated by: Rich Orlow
- Length: 6 hrs and 31 mins
- Unabridged
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Overall
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Performance
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A provocative work that challenges the traditional and widely accepted principles of business management - and proves that they are outdated, outmoded, or simply don't work. Do open floor plans really work? Are there companies that put their employees' welfare first, and their clients second? Are annual performance reviews necessary? Dr. David Burkus is a highly regarded and increasingly influential business school professor who challenges many of the established principles of business management.
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information age work assembly line management
- By A. Davis on 04-15-16
By: David Burkus
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Attacker's Advantage
- Turning Uncertainty into Breakthrough Opportunities
- By: Ram Charan
- Narrated by: Mark Bramhall
- Length: 6 hrs and 8 mins
- Unabridged
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Overall
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Performance
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Story
In The Attacker's Advantage, Charan reveals the upside of uncertainty for those leaders who are nimbly positioned to anticipate the catalysts of disruption and embrace change. He updates and adapts the principles of his previous best sellers to address the current turbulent business environment, cutting through the veil of complexity to concentrate on the new customer needs and expectations and providing the tools for corporate leaders to take their companies to a higher level.
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Fantastic book - volume lower than usual
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By: Ram Charan
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The Complete Guide to Mergers and Acquisitions
- Process Tools to Support M&A Integration at Every Level, 3rd Edition
- By: Timothy J. Galpin, Mark Herndon
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- Length: 10 hrs and 39 mins
- Unabridged
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Overall
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Performance
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Merger and acquisition activity across the globe continues to grow, and is also playing a major role in the development of expanding markets. A well-managed integration effort is essential to success, and failure means a tremendous waste in terms of time and money, as well as the rapid destruction of shareholder value. The Complete Guide to Mergers and Acquisitions: Process Tools to Support M&A Integration at Every Level, Third Edition is an invaluable resource to guide firms in managing M&A integration and maximize the value of their deals.
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Sales brochure for the authors
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By: Timothy J. Galpin, and others
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Who
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- Length: 4 hrs and 47 mins
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Geoff Smart and Randy Street offer a simple, four-step method for hiring with confidence, designed for everyone from the CEO on down. Who shows you how to avoid the most common pitfalls of hiring, how to identify "A Players" - people who can perform their job better than 90 percent of the candidates in their field - and how to make sure the best candidate will be excited to join your organization.
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Great book but need PDF of Scorecard material
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Strategy Beyond the Hockey Stick
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To make these big moves happen for your company, you’re going to have to break through inertia, gamesmanship, and risk aversion. You’re going to have to mitigate human biases and manage group dynamics. Eight practical shifts can help you do this, and unlock bigger, bolder, better strategies. This is not another by-the-book approach to strategy. It’s not another trudge through frameworks or small-scale case studies promising a secret formula for success. It’s an irreverent, fact-driven, and humorous take on the real world of strategic decision making.
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Ok beginning, superb finish
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Engine of Impact
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Overall
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Performance
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We are entering a new era - an era of impact. The largest intergenerational transfer of wealth in history will soon be underway, bringing with it the potential for huge increases in philanthropic funding. Engine of Impact shows how nonprofits can apply the principles of strategic leadership to attract greater financial support and leverage that funding to maximum effect.
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Must listen for all nonprofit leaders
- By Peter A. Mello on 02-09-19
By: William F. Meehan III, and others
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Black Faces in High Places
- 10 Strategic Actions for Black Professionals to Reach the Top and Stay There
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Black Faces in High Places is the essential guide for Black professionals who are moving up through their organizations or industries but need a roadmap for how to get to the top and stay there. Based on the authors' considerable experiences in business, in the public eye, and as a minority, the book shows how African-American professionals can (and must) think and act both entrepreneurially and "intrapreneurially".
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purchased by accident, too much one way
- By mimi on 02-22-22
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Finish Big
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Overall
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Performance
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When pioneering business journalist and Inc. magazine editor at large Bo Burlingham wrote Small Giants, it became an instant classic for its original take on a common business problem - how to handle the pressure to grow. Now Burlingham is back to tackle an even more common problem - how to exit your company well. Sooner or later, all entrepreneurs leave their businesses and all businesses get sold, given away, or liquidated.
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Begin with the end in mind
- By D. Hartzell on 02-05-15
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The Million-Dollar Financial Advisor
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Overall
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The best financial advisors are well equipped to succeed regardless of market conditions. Based on interviews with 15 top advisors, each doing several million dollars worth of business every year, The Million-Dollar Financial Advisor distills their universal success principles into 13 distinct lessons. Each is explained step-by-step for immediate application by veteran and new financial professionals alike.
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Fantastic tips and practices
- By SS MacIntyre on 03-10-15
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What listeners say about The Founder's Dilemmas
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Stanley Tan
- 10-02-14
Too much talk on the data
What was most disappointing about Noam Wasserman’s story?
Before buying I was excited that Noam has gather data from 1000s of businesses but after completing the book, the book was more towards sharing and talking about the data instead of using those data to create insights and actionable knowledge for the listeners.
Oh... and if you're a listener on the go, its better if you get the a book instead of an audiobook for Founder's Dilemma because this book will point you to a graph instead of explaining to you the graph. (e.g: Here is what 27% of the companies did that the others didn't do. Refer to graph 10.1)
Who would you have cast as narrator instead of Mark Mosely?
Mark could have added more emphasis into his tones at different points of the book. There wasn't any feeling in his reading. It's like the tone is same when the founder's company went bankrupt and when the founder's company went IPO.
What reaction did this book spark in you? Anger, sadness, disappointment?
Disappointed because there was too much sharing of the data instead of giving the listeners actionable knowledge to the data.
Any additional comments?
If you want a great book which applies the author's insights from his data research + a narrator's tone which emphasis key points on the books, get Great by Choice by Jim Collins.
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13 people found this helpful
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- Rick
- 04-29-14
An important FACT based book on entrepeneurship
Would you listen to The Founder’s Dilemmas again? Why?
Yes, I will refer to the book often as it is full of interesting facts and figures
What did you like best about this story?
I appreciated the research based findings.
What does Mark Mosely bring to the story that you wouldn’t experience if you just read the book?
Honestly, this might be a better book to read in print and refer back too, but it was an entertaining, easy listen in the car too
Any additional comments?
So many entrepreneurship books are just stories and anecdotes, this one is actually based on the findings of research. It's really fascinating!
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4 people found this helpful
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- Jonathan
- 12-09-12
Story is not bad but bad performance
What did you like best about The Founder’s Dilemmas? What did you like least?
It was very informative however, for an audio book to rely on charts and graphs is kind of tough. The material is very good and has some insights that are useful, overall the content is not too bad, it is very all over the place but not a bad book.
Would you be willing to try another one of Mark Mosely’s performances?
I thought it was awful, it was like listening to hours of an overly dramatic movie trailer actor. I was barley able to make it through with the way the narrator, I would never buy another book by this narrator it was just too cheesy it was overly dramatic for the context and painful to listen to.
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4 people found this helpful
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- MartyMom
- 02-12-17
Good book, but not in audio format
Would you try another book from Noam Wasserman and/or Mark Mosely?
Yes, I actually bought the paperback version.
What didn’t you like about Mark Mosely’s performance?
There wasn't anything wrong with the performance, but this book has diagrams and information that is better digested on paper.
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3 people found this helpful
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- L
- 02-27-14
Stating the obvious, backed up by statistics
Probably worthwhile to refresh your mind on things to think about, but it's basically a restatement of common sense, backed up by great statistics. Here's the entire book in a nutshell: 1) founders' motivations fall on a spectrum between control (being king) and cash (making money). Decide where you are on the spectrum and act and make busienss decisions consistently with that. Inconsistency in implementation of that can damage you. 2) mixing business and personal relationships is fraught with danger. Work with people who you've worked with, not your family or friends.
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- Chris
- 11-12-12
Very chaotic style of writing and presenting
The subject of this book is very fascinating and I really want to know, but the way this book is written is pretty chaotic. You can sense that it is written by a researcher-type writer who wants to beat you to death with facts. He uses a lot of other people as examples, but in a way that he constantly switches between characters so you quickly get lost.
The narrator, though he uses a lot of intonation in his voice, sounds a little like a news anchor which, in combination with the detailed level of information and chaotic writing style, makes you tune out time and again. It requires a lot of effort to stay focused on listening and understanding the point. That makes it unsuitable to listen to in the car in my opinion, which is the whole reason for me to listen to audio book versions instead of reading.
But if you listen to it behind your desk and take notes, it might work.
I do recommend reading or listening to this book, because of the topic it adresses, but you must be really focused all the time to understand it.
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- Lewis ward
- 02-26-24
Boring
This book is as such a drag. Listened to it at 2.5 speed. Written from a guy that studies startups but had never started one. Did not get any value out of it. Written by a very smart guy
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- Anonymous User
- 12-05-23
Super helpful advice
Real, pertinent and practical advice. The lessons here are completely worth it. I would say this book is a must have for any startup entrepreneur at every stage
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- scott
- 09-06-23
Future Impact of Founder Decisions
Great data based review of Decisions that Founders must make, starting with if and when to become a Founder. through if and when to hire outside management, through if and when to accept dilution, VC money, buyout offer. Accompanying PDF is a an excellent summary of the book and the decisions.
A couple of interesting facts: Wealth Creation vs. Control orientation of Founder will impact wealth creation. Family and Friends as Co-founders may provide support but prevent hard and necessary discussions on how business should operate. Only about 17% of founding CEO's make it through third fundraising round.
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- Jozsef Z Bedocs Jr
- 06-13-23
Every entrepreneur should read
The book is really informational. It’s a little dry. But I book that every entrepreneur must read.
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