ChrisS417
New Contributor
Well I am about half way finished with this wonderful book, but I felt I couldn't wait to tell everyone about it and recommend people read it.
The book is broken down into 3 parts.
Part one is essentially Ryan's story and background in a nutshell, how he went from a kid playing SimCity and Cannon Fodder to a local one man "geek squad" to web designer to Mutimillion dollar company CEO.
In five years the company went from $11k annual sales in '03 to $6.8 million in '07
Part Two is the ten step process he used to get there. This section mostly focuses on the how-to of building a business: developing a plan, implementing systems, raising capital, finding your motivation, a system for evaluating your business idea, online marketing, scaling your business, etc etc.
Part Three is called Choosing to Be Sucessful. I can't say much on this as I am still in the middle of part 2.
So far this is a great read and is quite inspiring. He seems to be very fastlane oriented with an emphasis on building systems to do more and increase efficiency while adding more value in his product for the customer.
One thing that stood out for me is that he mentioned that as important a great business idea is, it is only a small part of a bigger equation of the greater importance of executing the idea more effectively and more efficiently than everyone else.
In Allis's words, "Ideas are a dime a dozen. Unless you have a Ph.D and are doing cutting edge research at a top university, if you have thought of a business idea, someone else has thought of it too. The key to success then is rarely the idea and is nearly always good execution...I have heard many venture capitalists say they would rather have an A management team and a B idea than and A idea and a B management team."
This book has fastlane written all over it and is (so far) a great read for people who are looking to build an Information Age era business.
I am going see Allis speak tonight here in St. Louis at SLU, should be pretty interesting. Hopefully I'll finish the book before I go.
Hope this was helpful. Enjoy!
The book is broken down into 3 parts.
Part one is essentially Ryan's story and background in a nutshell, how he went from a kid playing SimCity and Cannon Fodder to a local one man "geek squad" to web designer to Mutimillion dollar company CEO.
In five years the company went from $11k annual sales in '03 to $6.8 million in '07
Part Two is the ten step process he used to get there. This section mostly focuses on the how-to of building a business: developing a plan, implementing systems, raising capital, finding your motivation, a system for evaluating your business idea, online marketing, scaling your business, etc etc.
Part Three is called Choosing to Be Sucessful. I can't say much on this as I am still in the middle of part 2.
So far this is a great read and is quite inspiring. He seems to be very fastlane oriented with an emphasis on building systems to do more and increase efficiency while adding more value in his product for the customer.
One thing that stood out for me is that he mentioned that as important a great business idea is, it is only a small part of a bigger equation of the greater importance of executing the idea more effectively and more efficiently than everyone else.
In Allis's words, "Ideas are a dime a dozen. Unless you have a Ph.D and are doing cutting edge research at a top university, if you have thought of a business idea, someone else has thought of it too. The key to success then is rarely the idea and is nearly always good execution...I have heard many venture capitalists say they would rather have an A management team and a B idea than and A idea and a B management team."
This book has fastlane written all over it and is (so far) a great read for people who are looking to build an Information Age era business.
I am going see Allis speak tonight here in St. Louis at SLU, should be pretty interesting. Hopefully I'll finish the book before I go.
Hope this was helpful. Enjoy!
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