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Index
Cover Praise for All in Title Copyright Dedication Table Of Contents CHAPTER 1: I BELIEVE IN YOUR BIG DREAMS I Was Once You A Great Idea Is a Powerful Weapon Why Listen to a Guy like Me? But That’s Not the End of the Story College Can Be a Double-Edged Sword Still, I Had a Thirst for Knowledge A Lifetime of Business Experience in One Book CHAPTER 2: WHAT CAN YOU CONTROL THAT IS FREE? “What’s Free in Life?” 1: Always Be on Time 2: Be Positive and Smile 3: Return Calls in Less Than 24 Hours 4: Find a Mentor 5: Look Successful, Act Successful, and You’ll Be Successful 6: Sweat Everything 7: Understand Your Business Market Size 8: Sell a Product They Need, Not One They Want 9: Be a Second-Mover Pioneer 10: Winging It Is Not a Strategy 11: Use Your Time Wisely 12: You Can Kid Others, but Don’t Kid Yourself CHAPTER 3: DO YOU HAVE ENTREPRENEURIAL DNA? (HINT: IT DOESN’T MATTER) A Will to Win Is Even Better 13: Do Whatever It Takes to Succeed My First Product 14: What Goes Around Comes Around 15: Know When a Good Opportunity Falls in Your Lap 16: Turn Your Passion into Your Trade The Rest of My Childhood Career 17: Embrace the Aha Moment 18: Make Lemonade out of the Lemons Life Deals You My First Mentor Pays Off 19: You Can Do Great Things When Failure Is Not an Option 20: Create Multiple Profit Arms for Your Business Michael’s Hardware Is Born It Takes All You Have CHAPTER 4: BOOTSTRAPPING A STARTUP Do Battle with Complacency Every Day Something in That New Jersey Water Adapt, Adapt, Adapt! Selling to Commercial Clients My Marketing Obsession Pays Off Wilmar Is Born 21: Don’t Just Be the Low-Cost Provider 22: Create a Niche. Be Unique. 23: Know Your Business Inside and Out: Be a Savant 24: I Repeat: Do Whatever It Takes! 25: Embrace Technology as Much as You Can My Dad Rejected Technology 26: Fight for Your Right to Grow Daring to Cast a Wider Net 27: Be Persistent and Consistent Dad Handed Me a Brick, and I Built a House Buying the Rest of the Business 28: Make Your Business a Piggy Bank, Not a Cash Cow 29: Think Big, Act Big, and You Will Be Big Another Dream Comes True CHAPTER 5: IT’S ALL ABOUT THE CUSTOMER 30: Create an Army of Raving Fans 31: Learn Your Clients’ Wants and Needs 32: If You’re Talking, You’re Not Listening 33: Good Customers Complain, Bad Customers Go Away 34: Fix Mistakes Fast 35: Be Creative, Be an Undercover Boss 36: Underpromise, Overdeliver 37: Be Multilocal: Think Nationally, Act Locally 38: Tailor Your Experience to the Customer Database Management for Better Customer Service 39: Make Your Transaction Model Easier Than Your Competition’s People Love Same-Day Servic 40: Survival of the Fittest: Adapt to Advance I’ll Say It Again: Keep Adapting CHAPTER 6: BUILDING A CHAMPIONSHIP TEAM 41: Surround Yourself with Winners 42: Let Your Employees Complete You 43: Employees Are Your Lifeblood. Make Them Count. 44: Understaff and Outsource When Starting Up 45: Always Be Interviewing 46: Don’t Let Loyalty Cloud Your Judgment Don’t Hire Friends 47: Don’t Promote to Incompetence 48: Get Creative in the Interview Process 49: Raid Talent from Other Companies 50: No Raises? C’mon! Managing Is Not a Four-Letter Word 51: Managing Is Like Parenting 52: People Do What’s Inspected Rather Than What’s Expected 53: Management by Walking Around 54: Cut Down on Meetings 55: Get Out of Your Comfort Zone and Delegate 56: Encourage Employees to Admit When They Don’t Know 57: You Can’t Measure Trust and Loyalty 58: You Can’t Fire Bad Hires Fast Enough 59: Train, Train, Train! 60: Avoid Paralysis by Analysis CHAPTER 7: CRUSHING IT IN SALES 61: No Harvest Without Rainmakers A Great Salesperson Should Be . . . The Telltale Traits of a Great Salesperson The Intangibles Are Huge 62: Always Be Sincere 63: Engage with the Customer! 64: The Customer Always Comes First Hunters Versus Farmers 65: Ask for the Order! 66: I Repeat: Be Persistent and Consistent 67: What’s Luck Got to Do with It? 68: The Company Owns the Customer Poaching Is Not Allowed 69: Sell Through the Organization 70: Peace-of-Mind Sales 71: Master “Relationship Selling” 72: Embrace the Power of Networking 73: Pounce on Your Competition’s Weaknesses 74: He Who Does His Homework Makes the Most Sales 75: Nail Your Sales by Doing It Differently 76: Guerrilla Negotiating Three Categories of Vendor Negotiation The Benefits of Overseas Importing Cutting Out the Middleman CHAPTER 8: TAKING YOUR BUSINESS TO THE NEXT LEVEL Good Is Not Good Enough: Dare to Be Great 77: Become a Tactical and Strategic CEO Experience Plus Wisdom Equals Strategy 78: A Healthy Company Can Grow Organically 79: Have a Dual Business Strategy Climbing the Summit with Summit Partners Going Public My Way Running a Public Company Versus Running a Private Company The Upside of Having a Value-Added Board 80: Your Shareholders Will Own You If You Let Them Analysts Also Own You Everyone Knows Your Business Hunting Trolls on Social Media How to Seek Strategic Alternatives Cinderella at the Ball The Hunted Becomes the Hunter CHAPTER 9: MASTERING THE ART OF THE ACQUISITION All Good Things Pass. Plan for It. 81: Success Can Be an Optical Illusion 82: Who Wants It the Least, Wins 83: Never Make a Deal with a Gun to Your Head 84: The Best Deals Are the Ones You Don’t Make 85: Keep Your Brand Game Strong Becoming Interline Brands 86: Learn from Your Integration Mistakes 87: New Employees Will Always Be Skeptical 88: Don’t Let Your Ego Make Business Decisions 89: Have an Exit Strategy CHAPTER 10: RETIREMENT? NOT SO FAST Keeping My Dad Game Strong Satisfying My Shooter’s Mentality Boredom Leads to a Rebranding Effort Going Back to Get That Monkey Off My Back 90: When All Else Fails, Listen to Respected Peers 91: Know Yourself to Please Yourself WSG Partners Is Born 92: Killing It Now Doesn’t Mean You Always Will One-Man Bands Never Go Far No Product Will Please Everyone 93: Do What You Love, and Good Things Will Happen CHAPTER 11: ONE-TRICK PONY NO MORE You Can Age in Reverse Putting Out Fires on the USS Aramsco Putting the Deal Together Success Has Everything to Do with Timing 94: Never Invest in an Unpredictable Market Back in the CEO Saddle Again Billy, the Wartime CEO 95: If You’re Going the Wrong Way, Turn Around Turning the Sinking Ship Around The Silver Lining Is Always the People The Smart Adapt My Venture into VC Waters I’ll Say It Again: Sweat Everything! CHAPTER 12: THE CRESTAR STORY: NEVER STOP PIVOTING Shooting ’Til My Arm Fell Off 96: You’re Never Old Enough to Stop Doing Homework Getting a Taste of Tax Lien Auctions CCTS Capital Is Born Evolving into Crestar Capital The World Learns Our Little Secret In Search of My Next Big Idea 97: Keep Building Off What You Know Battling the Big Time for Market Density Sailing Off into the Sunset? You’ve Got the Wrong Guy! Diving into Crestar Loan Fund To Be or Not to Be Institutional 98: Is It a Trade or a Business? Pivoting into Real Estate Financing 99: Build New Businesses Off What You’ve Learned I’ll Say It Again: Be a Second-Mover Pioneer Why So High on Real Estate Finance? Crestar Funding Becomes LendingOne Crestar Real Estate Income Fund 100: Unique Business Models Have Bright Futures Surround Yourself with Smart People 101: Not Every Dream Comes True, and That’s Okay You Can’t Sink All Your Shots in Life CHAPTER 13: NOW IT’S YOUR TIME TO SHINE Time Flies When You’re Living Your Dream You’ve Got What It Takes to Win Believe in the Power of You Find a Way to Give Something Back When You Can Give Back, Do It Any Way You Can He Who Works the Hardest Usually Wins One Final Call to Action ACKNOWLEDGMENTS
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