So this is the last chapter titled “It’s Not the Economy, Stupid, It’s You.†I guess almost every business and finance book that has been written over the past year or so references something about the economy issues. Cloutier uses this chapter to mostly call out people that want to use the economy as an
Looks like book is coming to an end as this is the second last chapter titled “Teamwork Is Vastly Overrated.†It’s kind of similar to the other points I read in the other chapters where Cloutier emphasizes that employees and your business structure should be follow a military type of setup. Basically, you are like
The chapter title was “Give Up Golf, Retreats, Off-Sites, and Trade Shows.†Cloutier sure bashes golf a lot in this chapter where he feels for the most part it just costs business owners a lot of time and money. Example, factoring in how much you have to spend on memberships as well as looking at
There wasn’t really too many strategies in this chapter as it was more like just a nag reminder. Interestingly enough, the title of the chapter is “Don’t treat sales like your mother-in-lawâ€. It just emphasized how most people hate the idea of having to do sales where you need to be pro active and convince
This chapter dived into the topic of a business filing for chapter 11 bankruptcy. It’s titled “When Filing For Bankruptcy Is Your Best Option, Do It Early!†Cloutier talked about how while many people have a very negative social view of bankruptcy, sometimes it just makes perfect sense and that the law of bankruptcy was
What kind of chapter was this? My goodness. It’s definitely not any kind of advice I have ever heard of before. The chapter title is “You are not in the business to pay your vendors.†It revolved around trying to keep your cash as long as you can and in this case that means paying