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midwifereading's review against another edition
5.0
I learned a lot about myself, and some general principles I can apply to my work with some confidence. Definitely recommend to any business owners.
sonialusiveira's review against another edition
4.0
4-4.5 stars. A great book with many practical principles and tools on management, leadership, and entrepreneurship. It’s not that this book contains some new, extra especial tips; but it gives great and logical, common sense advices that can be applied to our everyday social life. I will probably reread some parts of it in the future :)
mdrewb20's review against another edition
5.0
Great book with lots of concrete examples and ideas. I appreciate the level of detail and explanations for how the author runs all phases of his business. I hope to use many of these ideas in my own small business.
kimball_hansen's review against another edition
4.0
Dave Ramsey gives some great business advice in this book. I'm thinking that it can be applied across the board but it seems to be geared towards small businesses. Now I want to work for a small company again. EntreLeadership means Entrepreneur and Leadership.
Dave's parents would listen to audiobooks while they were out on the road. I didn't know they had audiobooks back then. But I like that they did that. And if you're not familiar with his history he was a millionaire in his mid 20's then went belly-up due to some unforeseen event and lost everything. Had to start from scratch at around age 30 and was a millionaire again in about 10-15 years later. I like that he got started late in the game. Gives me hope. Plus he's a fan of the Dubya or #43.
It's neat how they operate over there in Tennessee. For example, for the final interview, they will take out the incumbent and their spouse so they can see what he/she is like, also. They treat the employees as equals (they call them team members). Some people that have been fired by Dave have written him thank you notes later on. This is because he's kind and thinks "how would I want to be treated in this instance?" He also will fire someone for having an affair with their spouse. Good for you Dave.
Their profit sharing program sounds pretty complex but fair and very responsible. I like how they give a week off for ministering and service.
I was surprised they hold weekly meetings. I figured he'd be the anti-meeting type.
Items of Business:
Personal finance isn't a math problem but a behavior problem.
The two main causes of indecision are fear and criticism. Options are power and can help remove fear.
"Those who never make mistakes work for those of us that do." - Henry Ford
As you grow your business, your personal strengths will become your company's strengths. The same applies with your weaknesses.
If you lead with positional power you are only a boss. An EntreLeader pulls the rope. The positional power boss pushes the rope. They also lead with threats and fears.
You can't lead without passion. There is no energy in logic, only emotion. Passion makes the sale. If you can't get shouting excited about the thing you are doing then do not do that thing.
Your mission statement or calling should have a What, How, and Why. The What reflects your company's skills and abilities. The How is how does your team execute things. And finally, the Why is your company's values, dreams, and passions.
Goals are visions and dreams with work clothes on.
There are seven spokes of goals in the wheel of life:
*Career
*Financial
*Spiritual
*Physical
*Intellectual
*Family
*Social
If you don't put a deadline on your goal it is never going to happen and you are going to eat the bitter fruit of regret. I almost ate that bitter fruit with flying airplanes. After 15 years of talking about it I'm finally doing it and that fruit tastes much sweeter.
It is almost impossible to accomplish something big without a written blueprint. Goals should be owned by the person making them. Meaning if you set a goal for someone else, he/she prolly won't do it.
A year of intense exercise and watching what you eat will likely change the trajectory of your life, physically. If you do a 10 day diet or something that involves drinking a stupid "yummy shake" then your results won't be permanent. To create big time success you have to stay focused and stay intense over big periods of time. Sounds extremely hard and it is. And that is also why we have the majority of the population in debt and overweight. Whatever your plan is, it shouldn't be microwaved by rather crockpotted.
If you focus really hard for 15 years you will have overnight success. If you somehow have success before then it will most likely be short-lived.
Before you sell you need to know the history of your product. When people don't know what is going on in the company it is not a team. We are not a team at Plano. Owners set the work ethic for their team members.
Don't cut pay when people are producing, that will make them stop producing.
Gossip is the opposite of unity. Motivation doesn't last, neither does bathing. But they both need to be done daily.
Dave's parents would listen to audiobooks while they were out on the road. I didn't know they had audiobooks back then. But I like that they did that. And if you're not familiar with his history he was a millionaire in his mid 20's then went belly-up due to some unforeseen event and lost everything. Had to start from scratch at around age 30 and was a millionaire again in about 10-15 years later. I like that he got started late in the game. Gives me hope. Plus he's a fan of the Dubya or #43.
It's neat how they operate over there in Tennessee. For example, for the final interview, they will take out the incumbent and their spouse so they can see what he/she is like, also. They treat the employees as equals (they call them team members). Some people that have been fired by Dave have written him thank you notes later on. This is because he's kind and thinks "how would I want to be treated in this instance?" He also will fire someone for having an affair with their spouse. Good for you Dave.
Their profit sharing program sounds pretty complex but fair and very responsible. I like how they give a week off for ministering and service.
I was surprised they hold weekly meetings. I figured he'd be the anti-meeting type.
Items of Business:
Personal finance isn't a math problem but a behavior problem.
The two main causes of indecision are fear and criticism. Options are power and can help remove fear.
"Those who never make mistakes work for those of us that do." - Henry Ford
As you grow your business, your personal strengths will become your company's strengths. The same applies with your weaknesses.
If you lead with positional power you are only a boss. An EntreLeader pulls the rope. The positional power boss pushes the rope. They also lead with threats and fears.
You can't lead without passion. There is no energy in logic, only emotion. Passion makes the sale. If you can't get shouting excited about the thing you are doing then do not do that thing.
Your mission statement or calling should have a What, How, and Why. The What reflects your company's skills and abilities. The How is how does your team execute things. And finally, the Why is your company's values, dreams, and passions.
Goals are visions and dreams with work clothes on.
There are seven spokes of goals in the wheel of life:
*Career
*Financial
*Spiritual
*Physical
*Intellectual
*Family
*Social
If you don't put a deadline on your goal it is never going to happen and you are going to eat the bitter fruit of regret. I almost ate that bitter fruit with flying airplanes. After 15 years of talking about it I'm finally doing it and that fruit tastes much sweeter.
It is almost impossible to accomplish something big without a written blueprint. Goals should be owned by the person making them. Meaning if you set a goal for someone else, he/she prolly won't do it.
A year of intense exercise and watching what you eat will likely change the trajectory of your life, physically. If you do a 10 day diet or something that involves drinking a stupid "yummy shake" then your results won't be permanent. To create big time success you have to stay focused and stay intense over big periods of time. Sounds extremely hard and it is. And that is also why we have the majority of the population in debt and overweight. Whatever your plan is, it shouldn't be microwaved by rather crockpotted.
If you focus really hard for 15 years you will have overnight success. If you somehow have success before then it will most likely be short-lived.
Before you sell you need to know the history of your product. When people don't know what is going on in the company it is not a team. We are not a team at Plano. Owners set the work ethic for their team members.
Don't cut pay when people are producing, that will make them stop producing.
Gossip is the opposite of unity. Motivation doesn't last, neither does bathing. But they both need to be done daily.
vnessreads's review against another edition
3.0
Dave's advice is incredibly straight-forward, and a refreshing counterpoint to most tech startup / Silicon Valley type advice. He oversimplifies on occasion and glorifies some entrepreneurs I wouldn't consider role models (Hobby Lobby & Chick-fil-A leaders), but he also speaks to empowering teams and maintaining integrity better than most leaders I've read. I especially loved his characterization of team members as Tigers or Koalas. Happy I read this.
mikecnorthrup's review against another edition
5.0
Business is as complicated as you make it. After 15 years of running businesses, this is something I’ve come to believe and it was echoed in this book. Dave’s straightforward, no-nonsense approach is a breath of fresh air in a world full of abstract books on business theory. I learned a lot of things that I can immediately apply, was reminded of some things I have forgotten, and was reaffirmed to do some things I’ve been doing for years just because it felt right.
mallory_is_booked's review against another edition
5.0
The knowledge in this book is amazing. Some of it is so simple, yet so often overlooked. Every business owner should read.
victoriakleinco's review against another edition
4.0
If you're a freelancer, business owner, or entrepreneur - this book is for you.
If you're THINKING ABOUT becoming a freelancer, business owner, or entrepreneur - this book is for you.
Focusing on being a "leader" sounds super-corporate, but being an "entrepreneur" doesn't have the same ring to it. Dave Ramsey's EntreLeadership combines the two concepts, starting with a list of qualities EntreLeaders have:
Passionately serving
Mavericks who have integrity
Disciplined risk takers
Courageous while humble
Motivated visionaries
Driven while loyal
Influential learners
As someone who has been in business for herself for 15 years, I can definitely support that list!
Like all of Dave's writing (I've read + currently working through his Total Money Makeover steps), he doesn't beat around the bush. He tells you exactly what you need to know, why you need to know it, and what to do about it.
Specifically, in the first chapter, he gets right to the point with:
"I am the problem with my company and you are the problem with your company. Your education, character, capacity, ability, and vision are limiting your company. You want to know what is holding back your dreams from becoming a reality? Go look in the mirror."
Blunt, possibly a little harsh, but oh so accurate.
Dave delves a lot into the art of delegation and choosing team members, as well as time management, marketing + sales (many entrepreneurs two most uncomfortable subjects), and communication.
While some content may seem like it's geared only toward businesses that want to have 50+ employees and lots of office space, this is a valuable book for online-based entrepreneurs as well - ESPECIALLY the money chapter.
Dave's entire business is structured around financial knowledge, so he knows his stuff. Both people and businesses DO NOT need debt, and I'm confident that Paul Jarvis and The Minimalists are on board with that too. The money chapter alone is reason enough to read this book.
Overall, I'd say at least 70% of this book can easily apply to online-based entrepreneurs, making it 100% worth reading.
You are the problem in your business and you always will be, so make yourself LESS of a problem and get MORE of the help you need.
If you're THINKING ABOUT becoming a freelancer, business owner, or entrepreneur - this book is for you.
Focusing on being a "leader" sounds super-corporate, but being an "entrepreneur" doesn't have the same ring to it. Dave Ramsey's EntreLeadership combines the two concepts, starting with a list of qualities EntreLeaders have:
Passionately serving
Mavericks who have integrity
Disciplined risk takers
Courageous while humble
Motivated visionaries
Driven while loyal
Influential learners
As someone who has been in business for herself for 15 years, I can definitely support that list!
Like all of Dave's writing (I've read + currently working through his Total Money Makeover steps), he doesn't beat around the bush. He tells you exactly what you need to know, why you need to know it, and what to do about it.
Specifically, in the first chapter, he gets right to the point with:
"I am the problem with my company and you are the problem with your company. Your education, character, capacity, ability, and vision are limiting your company. You want to know what is holding back your dreams from becoming a reality? Go look in the mirror."
Blunt, possibly a little harsh, but oh so accurate.
Dave delves a lot into the art of delegation and choosing team members, as well as time management, marketing + sales (many entrepreneurs two most uncomfortable subjects), and communication.
While some content may seem like it's geared only toward businesses that want to have 50+ employees and lots of office space, this is a valuable book for online-based entrepreneurs as well - ESPECIALLY the money chapter.
Dave's entire business is structured around financial knowledge, so he knows his stuff. Both people and businesses DO NOT need debt, and I'm confident that Paul Jarvis and The Minimalists are on board with that too. The money chapter alone is reason enough to read this book.
Overall, I'd say at least 70% of this book can easily apply to online-based entrepreneurs, making it 100% worth reading.
You are the problem in your business and you always will be, so make yourself LESS of a problem and get MORE of the help you need.
tmrogersjr1's review against another edition
5.0
As a teacher and entrepreneur I love books with practical, useable advise that really dig into a subject and this book is just that. I avoided reading this book for some time now but I'm not sure why. I believe it may be because I boxed Ramsey in as strictly a "financial guru" instead of someone that has great knowledge in other areas as well. Boy was I wrong! This book covers every aspect of business you can think some of my favorites were: The importance of a mission statement, Decision making skills, Marketing, How to Sell, Launching your business, Building your business without debt, and Building a great team and company culture. I learned so much from this book Ive since purchased the audiobook as well as the hard cover version. 5 star read!
anomoly's review against another edition
4.0
It was a pretty awesome book. Even for those who are not running their own business. Those who are there are a lot of gems in there if you are willing to implement. Worth the read. Will re-read.