It can be hard for busy professionals to find the time to read the latest books. Stay up to date in a fraction of the time with this concise guide.Eric Ries 2011 bestseller The Lean Startup is a valuable guide for startup founders and aspiring entrepreneurs. Ries applies the methods of lean management to the creation and development of startups, with the aim of allowing users to reduce waste, optimise production processes and find out what their customers really want. The principles of his approach will help entrepreneurs to achieve sustainable growth and adapt rapidly to changes in their environment, which is vital given the uncertainty and risk which characterise most startups. The Lean Startup has won legions of devoted followers all over the world, and Ries innovative approach has been applied to many businesses across a wide range of sectors.This book review and analysis is perfect for: •Startup founders looking to ensure sustained growth•Entrepreneurs and anyone thinking of starting a company•Anyone interested in understanding this innovative approach to entrepreneurshipAbout 50MINUTES.COM | BOOK REVIEWThe Book Review series from the 50Minutes collection is aimed at anyone who is looking to learn from experts in their field without spending hours reading endless pages of information. Our reviews present a concise summary of the main points of each book, as well as providing context, different perspectives and concrete examples to illustrate the key concepts.
The must-read summary of Jack Welch and Suzy Welchs book: The Real-Life MBA: Your No-BS Guide to Winning the Game, Building a Team and Growing Your Career.This complete summary of the ideas from Jack Welch and Suzy Welchs book The Real-Life MBA shows that in business nowadays it isnt enough to have a purely theoretical or conventional MBA; you need a Real-Life MBA. You need to have real-life experience to understand how best to manage and grow your career. The authors focus on the three competencies that you should master; you have to know the game so that you can win it, form a great team through strong leadership and know how to manage your career. By mastering these competencies, you will be able to take charge of your own career path and achieve the success you want. This summary tells you all you need to know to earn your own Real-Life MBA and watch your career flourish.Added-value of this summary: • Save time• Understand the key concepts • Increase your business knowledgeTo learn more, read The Real-Life MBA and master the competencies they didnt teach at school!
The must-read summary of Bernhard Schroeders book: Fail Fast or Win Big: The Start-Up Plan for Starting Now.This complete summary of the ideas from Bernhard Schroeders book Fail Fast or Win Big shows that the traditional approach to business plans used by entrepreneurs is outdated, as markets evolve too quickly nowadays. This means it is necessary to have a business plan that is being constantly adapted to suit the current market. The author explains the LeanModel Framework, which is based on customer truth. This framework requires you to get feedback from customers in an ongoing cycle to avoid being left behind with an outdated business model. If you are an entrepreneur in the process of writing your business plan, this summary will give you all the information you need to adapt your approach and stay ahead of the game.Added-value of this summary: • Save time• Understand key concepts • Develop your business knowledge To learn more, read Fail Fast or Win Big and discover a new approach to writing your business plan; youll never look back!
50MINUTOS.es te ofrece un análisis rápido y conciso de El método Lean Startup de Eric Ries, un revolucionario libro que enseguida se convierte en una obra de referencia para los emprendedores. Si quieres descubrir en un tiempo récord cómo reducir el despilfarro en tu empresa emergente y optimizar sus resultados, ¡en50Minutos.es te lo pone fácil! ¡Comienza hoy mismo a ampliar tus horizontes con 50MINUTOS.es!En tan solo 50 minutos, este libro te aportará:•Una nueva visión sobre el universo de las empresas emergentes basada en el lean, que busca evitar a toda costa el despilfarro para concentrar los esfuerzos, el tiempo y el dinero en lo que realmente importa•Las claves para dominar y emplear conceptos como el ciclo del feedback o las técnicas de los lotes pequeños y de los cinco porqués •Los trucos para alcanzar el éxito de tu empresa a través de una innovación continua, que optimizará tus resultadosSobre 50MINUTOS.es | Book Review50MINUTOS.es te ofrece análisis rápidos y prácticos de grandes superventas que te ayudarán a triunfar tanto en el ámbito profesional como en la esfera privada.Nuestras obras sintetizan los libros de forma completa y ágil, para que puedas sacarles todo el jugo sin perder ni un minuto. ¿A qué esperas para marcar la diferencia?Con Book Review 50MINUTOS.es, ¡atrévete a pensar en grande!
Une analyse concise pour comprendre rapidement tout lintérêt du livre Lean Startup dEric Ries !Que faut-il retenir de Lean Startup, ce best-seller portant sur la réussite entrepreneuriale ? Retrouvez tout ce que vous devez savoir sur la méthode dEric Ries dans une synthèse complète et détaillée.Vous trouverez notamment dans ce livret :• Une mise en contexte• Un résumé du livre mettant laccent sur les notions clés développées par lauteur, telles que le moteur de croissance, la boucle de feed-back, la technique des 5 pourquoi ou le pivotement• Les répercussions de louvrage (critiques et approches similaires)• Et bien plus encore !Le mot de léditeur :« Avec lauteur, Xavier Xhoffray, nous avons cherché à présenter de manière synthétique aux lecteurs cet outil de réussite entrepreneuriale à destination des entrepreneurs quest louvrage Lean Startup. Sattachant à en décrire le contexte de rédaction et les principes-clés, nous avons voulu mettre en avant les spécificités de lapproche dEric Ries permettant dappliquer ce modèle de réussite entrepreneuriale. » Laure DelacroixÀ PROPOS DE LA SÉRIE 50MINUTES | Book ReviewLa série « Book Review » de la collection 50MINUTES propose des documents qui invitent tous les curieux à réfléchir sur les grands textes fondateurs de léconomie ainsi que sur les sommes récemment parues qui participent à la réflexion globale des réalités économiques actuelles. Nous avons conçu la collection Business & Economics en pensant aux nombreux professionnels obligés de se former en permanence en économie, en management, en stratégie ou en marketing. Nos auteurs combinent des éléments de théorie, des pistes de réflexion, et, pour certains sujets, des études de cas et de nombreux exemples pratiques pour permettre aux lecteurs de développer leurs compétences et leur expertise.
Hotel companies who are able to deal with Big Data will create a sustainable competitive advantage. But what is Big Data and how can we use it in the Hospitality Industry? What is the distinctive value and what are key areas for a successful implementation? Michael Toedt explains in this book the biggest hurdle - the lack of knowledge within the senior management and the willingness to implement the necessary changes - and gives hoteliers recommendations to avoid the main failures. Dr. Michael Toedt is Managing Partner and CEO of Toedt, Dr. Selk & Coll. He is responsible for the fields of marketing technology, consulting and data protection. Besides his activities with Toedt, Dr. Selk & Coll., he is assistant lecturer at the University of Applied Sciences of Munich and as guest lecturer at various universities such as the University of Applied Sciences of Bad Honnef or Kempten and responsible as HSMA vice president for the South-East region. Dr. Michael Toedt has published also a lot of articels and whitepapers about CRM and Marketing and the book Big Data - Challenges for the Hospitality Industry and is also reviewer of the International Journal of Economic Sciences.
Masters Thesis from the year 2017 in the subject Business economics - Company formation, Business Plans, grade: 1,5, Berlin School of Economics and Law (Berlin Professional School), course: MBA Master Thesis, language: English, abstract: This thesis examines how a software start-up can effectively shape its internationalization process to secure its market position and to achieve a sustainable competitive advantage. To formulate possible recommendations, a literature study and a descriptive case study are carried out. The literature review considers the research domains of born globals, or rather, international new ventures, which describe the emergence of young, small and fast internationalized organizations. Furthermore, the literature study also reflects relevant theoretical explanations and frameworks such as: resource-based theory, knowledge-based view, dynamic capabilities, organizational learning, innovation theory, and international entrepreneurship. On this theoretical basis, study propositions are derived, which are then tested against the case study. The study consists of two cases and describes the internationalization process of two software start-ups. The results of the case study are then compared with the study propositions. Deviations are discussed in detail later. Finally, 24 recommendations are made which can support the effective internationalization process of a software start-up.
Masters Thesis from the year 2017 in the subject Business economics - Company formation, Business Plans, grade: 2,0, Andrássy Gyula Deutschsprachige Universität Budapest, language: English, abstract: As more and more startup companies are founded every year worldwide, building up ones own business does not get easier. Since 9 out of 10 startups fail, future entrepreneurs are well advised to take a look at potential reasons for failure and success. Learning from others mistakes and studying success stories can improve their own performance and help to avoid critical errors. The academic paper at hand will provide valuable insights for entrepreneurs. After delivering an overview of the most commonly used terms and definitions in the startup scene, chapter 6 will describe the components of a business idea and how experts can assess a companys value. Subsequently, the most important factors for a startup companys success, according to literature review, will be listed and illustrated. Various standpoints of academic research and studies will be discussed. Delineating both internal and external factors, this thesis not only delivers a synoptic view of potential challenges inside a startup as well as in its ecosystem, but also juxtaposes these influences in opposition. The second part of this paper analyzes a series of interviews with twelve startup founders from three different regions (the province of North-Rhine Westphalia in Germany, Budapest in Hungary and the state of California in the US). Their views and experiences will be summarized and put into the context of their respective startup ecosystem. This way, the study is able to provide an understanding of the distinctive attributes of these ecosystems. Furthermore, the interviewees challenges and advices will be compared to previously reviewed literature. Therefore, the reader is able to gain insights from an academic perspective, as well as from real-life examples.
The must-read summary of Chip Conleys book: The Rebel Rules: Daring to Be Yourself in Business.This complete summary of the ideas from Chip Conleys book The Rebel Rules shows how todays rebel entrepreneurs are those who start new companies that break the established rules. In his book, the author explains that you do not necessarily have to conform and do what everyone else has done in the past to succeed. Chip Conley analyzes four personality traits that those who succeed against conventional wisdom have in common. This summary will help you gain the confidence you need to become a business rebel and start succeeding on your own terms.Added-value of this summary:• Save time• Understand key concepts• Expand your business knowledgeTo learn more, read The Rebel Rules and find out how you can develop the qualities that will make you more competitive on the market.
The must-read summary of Norm Brodsky and Bo Burlinghams book: The Knack: How Street-Smart Entrepreneurs Learn to Handle Whatever Comes Up.This complete summary of the ideas from Norm Brodsky and Bo Burlinghams book The Knack shows how everyone wants to find a step-by-step formula or a specific set of rules that will guarantee success in business. However, no such thing exists. In their book, the authors demonstrate that, instead of trying to find a fail-safe success formula, you should focus on getting and maintaining the right mind-set. This summary reveals the true key to business success and how you can change your companys mind-set to become determined and dedicated.Added-value of this summary:• Save time• Understand key concepts• Expand your knowledgeTo learn more, read The Knack and stop wasting your time trying to find a miracle formula and start developing the right mind-set for success.