The chapter was titled “The Best Family Business Has One Member†as it revolved around family owned businesses and how that can create a lot of conflict. I guess the main point is how making business decisions simply because the person is a family member where you feel the need to take care of them
With a title like “Love your business more than your family†for this chapter I figured this would be some very blunt writing. Interestingly enough, the chapter seemed to focus more on how you should be working as much as possible including the weekends. The main thing where family came in is how it can
“Forget Sweat Equity†was the name of this chapter. It revolves around how most business owners believe that their own salaries should take a back seat to making a business successful since you own it. For example, if you had an employee then you would cut your own salary first for reasons such as you
The title of this chapter is “End Denialâ€. While it did have a lot to do about you having to take accountability for the results that you generate, from what I gathered it had a lot to do about stubbornness too. Cloutier gave examples where there was a business that was going down fast financially
This was a pretty short chapter that consisted of about seven pages. A lot of the material had to do about making sure that you collect the money that is owed to you. One example that was used was definitely intriguing. Essentially, there was a guy that was owed tens of thousands of dollars from
While opening the book each chapter looks like it follows a format where the chapter is a “Profit Rule†which you are supposed to follow like a checklist. The introduction pages starts off by painting a very gloomy picture where you are running a business that seems like it is going under. At the same