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The Entrepreneur Equation
- Evaluating the Realities, Risks, and Rewards of Having Your Own Business
- Narrated by: Mike Chamberlain
- Length: 9 hrs and 37 mins
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Publisher's summary
There’s never been a better time to start a business—or so the conventional wisdom would have you believe. But with up to 90 percent of businesses failing within the first five years, it’s time to take off the rose-colored glasses and think twice before you invest your precious time, money, and energy.
The Entrepreneur Equation helps you do the math before you start down the entrepreneurial path so you can answer not just “Could I be an entrepreneur?” but also “Should I be an entrepreneur?” By understanding what it takes to build a valuable business as well as how to assess the risks and rewards of business ownership based on your personal circumstances, you can learn how to stack the odds of success in your favor and ultimately decide if business ownership is the best possible path for you, now or ever.
Through illustrative examples and personalized exercises, tell-it-like-it-is Carol Roth helps you create and evaluate your own personal “entrepreneur equation” as you: learn what it takes to be a successful entrepreneur in today’s competitive environment; save money, time, and effort by avoiding business ownership when the time isn’t right for you; identify and evaluate the risks and rewards of a new business based on your goals and circumstances; evaluate whether your dreams are best served by a hobby, job, or business; gain the tools that you need to maximize your business success.
The Entrepreneur Equation is essential reading for the aspiring entrepreneur. Before you invest your life savings, invest in this book!
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It's an axiom of business that great companies grow their revenues and profits year after year. Yet quietly, under the radar, a small number of companies have rejected the pressure of endless growth to focus on more satisfying business goals. Goals like being great at what they do, creating a great place to work, providing great customer service, making great contributions to their communities, and finding great ways to lead their lives. In Small Giants, veteran journalist Bo Burlingham takes us deep inside 14 such remarkable companies.
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fantastic book for small company builders
- By Amazon Customer on 08-01-17
By: Bo Burlingham
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The Gig Economy
- The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want
- By: Diane Mulcahy
- Narrated by: Marguerite Gavin
- Length: 5 hrs and 42 mins
- Unabridged
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From Uber to the presidential debates, the gig economy has been dominating the headlines, and for good reason. Today, more than a third of Americans are working in the gig economy - mixing together short-term jobs, contract work, and freelance assignments. For those who've figured out the formula, life has never been better! The Gig Economy is your guide to this uncertain but ultimately rewarding world. Succeeding in it starts with shifting gears to recognize that only you control your future.
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interesting and informative
- By Erin P. on 03-26-17
By: Diane Mulcahy
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Company of One
- Why Staying Small Is the Next Big Thing for Business
- By: Paul Jarvis
- Narrated by: Paul Jarvis
- Length: 7 hrs and 32 mins
- Unabridged
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Paul Jarvis left the corporate world when he realized that working in a high-pressure, high profile world was not his idea of success. In Company of One, Jarvis explains how you can find the right pathway to do the same, including planning how to set up your shop, determining your desired revenues, dealing with unexpected crises, keeping your key clients happy, and of course, doing all of this on your own. Company of One is a refreshingly new approach centered on staying small and avoiding growth, for any size business.
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Starts out strong...
- By Oliver Nielsen on 05-02-20
By: Paul Jarvis
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Reality Check
- Outsmarting, Outmanaging, and Outmarketing Your Competition
- By: Guy Kawasaki
- Narrated by: Paul Boehmer
- Length: 14 hrs and 53 mins
- Unabridged
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In Silicon Valley slang, a "bozo explosion" is what causes a lean, mean, fighting machine of a company to slide into mediocrity. As Guy Kawasaki puts it, "If the two most popular words in your company are partner and strategic, and partner has become a verb, and strategic is used to describe decisions and activities that don't make sense"...then it's time for a reality check.
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The Reality of Reality Check
- By Ben on 08-18-09
By: Guy Kawasaki
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Mastering the VC Game
- A Venture Capital Insider Reveals How to Get from Start-Up to IPO on Your Terms
- By: Jeffrey Bussgang
- Narrated by: Ramon De Ocampo
- Length: 7 hrs and 14 mins
- Unabridged
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Finding the right venture capitalist to back your start-up is a challenge. Even if you manage to get backing, you want your VC to be a partner, not some dictator who will undermine your vision and take control of your life's work. Jeffrey Bussgang is one of a very few people who have played on both sides of this high-stakes game. Now he draws on his unique perspective to offer high-level insights, colorful stories, and practical advice. He reveals how to get noticed, perfect a pitch, and negotiate a partnership that works for everyone.
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slow in beginning but gets really good
- By Diana on 04-11-19
By: Jeffrey Bussgang
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No More Mondays
- Fire Yourself -- And Other Revolutionary Ways to Discover Your True Calling at Work
- By: Dan Miller
- Narrated by: Dan Miller
- Length: 6 hrs and 43 mins
- Unabridged
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For everyone who dreads going to work on Monday mornings, inspiring advice on how to find fulfilling work in an uncertain age. Do you hate Mondays? If so, what's keeping you at your current job? If you said a steady paycheck and the promise of a secure retirement, then you're in for a big disappointment. In today's volatile economy, there is nothing safe about punching the clock for a job you hate.
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"No More Mondays"
- By Sandra on 03-09-09
By: Dan Miller
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Angel Investing
- The Gust Guide to Making Money and Having Fun Investing in Startups
- By: David S. Rose
- Narrated by: David S. Rose
- Length: 6 hrs and 42 mins
- Unabridged
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From building your reputation as a smart investor, to negotiating fair deals, adding value to your portfolio companies and helping them implement smart exit strategies, David provides both the fundamental strategies and the specific tools you need to take full advantage of this rapidly growing asset class.
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Very enlightening
- By Keith L. on 04-06-15
By: David S. Rose
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The Education of Millionaires
- It's Not What You Think and It's Not Too Late
- By: Michael Ellsberg
- Narrated by: Erik Synnestvedt
- Length: 9 hrs and 42 mins
- Unabridged
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The Myth: If you get into a good college, study hard, and graduate with excellent grades, you will be pretty much set for a successful career. The Reality: The biggest thing you won't learn in college is how to succeed professionally. Some of the smartest, most successful people in the country didn't finish college. None of them learned their most critical skills in an institution of higher education. And like them, most of what you'll need to learn to be successful you'll have to learn on your own, outside of school.
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I can't get past the introduction
- By DaveO on 01-30-13
By: Michael Ellsberg
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The Intelligent Entrepreneur
- By: Bill Murphy Jr.
- Narrated by: Fred Berman, L. J. Ganser
- Length: 12 hrs and 35 mins
- Unabridged
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In 1998, three Harvard Business School graduates - two men and one woman - turned down six-figure salaries at big corporations, bet on themselves, and launched their own new companies. By their 10-year reunion, their audacity had paid huge dividends. They'd made many millions of dollars, created hundreds of jobs and left their mark on the world. The Intelligent Entrepreneur tells the compelling and instructive story of how these three young founders did it.
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Terrible waste $ and a lot of time
- By David on 01-23-11
By: Bill Murphy Jr.
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Midas Touch
- Why Some Entrepreneurs Get Rich - and Why Most Don't
- By: Robert T. Kiyosaki, Donald J. Trump
- Narrated by: John Dossett, Skipp Sudduth
- Length: 7 hrs and 42 mins
- Unabridged
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In the tradition of their number-one blockbuster Why We Want You to Be Rich, the all-star team of best-selling authors Donald Trump and Robert Kiyosaki reunites to teach listeners what it takes to be successful and influential entrepreneurs in Midas Touch. What makes some business owners wildly successful? What separates the entrepreneurs who build businesses from ones who just seem to create more work for themselves? Here are answers.
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Nothing New - But Great Motivational Speakers
- By Chad on 07-02-12
By: Robert T. Kiyosaki, and others
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The Last Safe Investment
- Spending Now to Increase Your True Wealth Forever
- By: Bryan Franklin, Michael Ellsberg
- Narrated by: Tim Andres Pabon
- Length: 7 hrs and 14 mins
- Unabridged
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Michael Ellsberg and Bryan Franklin think you've been fed a lie: that if you save for decades and invest in 401(k)s, IRAs, and a home, these investments will grow steadily over decades, allowing 20 to 30 years of secure, peaceful retirement. This might have been true at some point in the last century, but it is not true any longer. If you want to get ahead and enjoy a life of prosperity, the authors argue that you must invest in the most powerful source of wealth you'll ever know: your own earning power.
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Great Paradigm Shift For Me...
- By Brad Spencer on 07-01-16
By: Bryan Franklin, and others
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All In
- How Great Leaders Build Unstoppable Teams
- By: Mike Michalowicz
- Narrated by: Mike Michalowicz
- Length: 7 hrs and 39 mins
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ALL IN is the pinnacle book in Mike Michalowicz's Entrepreneurship Simplified series, setting the standard for building high-performing teams in today’s challenging work environment. Whether dealing with remote work, flex schedules, or generational divides, ALL IN provides a proven framework for recruiting top talent, transforming underperformers into superstars, and cultivating a culture where every employee is as dedicated as an owner.
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Outstanding
- By Lance Lawshe on 06-27-24
By: Mike Michalowicz
What listeners say about The Entrepreneur Equation
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Gerald Holt
- 10-12-16
Great content though do not like narration
Would you consider the audio edition of The Entrepreneur Equation to be better than the print version?
No. The print version is better because I do not like the narration. I had to stop listening several times because I do not like the narration style.
What do you think the narrator could have done better?
The narration is over-enunciated and sounds more forced than natural flow. Specifically the often said word, entrepreneur, detracts from the content.
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- Janet Caraballo
- 08-30-21
Full of options
There are many details,options and opinions here. A great listen to open up your mind and allow you to compare the small business entity and the small business idea.
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- Adam
- 06-10-22
why a man's voice?
The author is a woman. The cover of the book has her on it. And much to my surprise a man's voice is doing the audio. At least let me pretend the voice is Carol's. Hearing a man's voice just through me off from the start. I say record it again and have a woman do the audio.
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- David
- 09-27-23
An outline of my 4 years of College in one sitting
The main question of this book is, "Are you really better off trying to start your own business, or are you better off just working for someone else?" And this is an important question. If you're not cut out for business, a failure to recognize that fact could cost you everything.
I read this book in one sitting while at work at 1.4x speed. It struck me how much it was like my Finance Major business courses I took in college. I think if I had read this at the beginning of my college education, for instance, as an audiobook textbook for Business 101, which was my first class in my major, then the rest of my college work would feel like it all fit into a big picture rather than just seeming like random concepts all thrown at me, one concept after another. This book shows the whole entrepreneurial equation, and goes through it factor by factor. Do you know about this aspect of running a business, and this? Do you know that you're on the hook for everything when you own the business? Have you considered how risk-free it is to just work for someone else? Do you realize that you have to compete against producers all over the world? Do you know about finances, financing, and financial statements? Are you prepared to work 3000 hours or more a year instead of the 2000 hours that most employees work? Why not just work 3000 hours a year at your current job? You might make more than you could reasonably expect starting a business, which would require you to work like a workaholic.
Are you trying to make your hobby your job? That's probably not a financially profitable task. Don't quit your day job for that, but if you like doing that in your free time, that's cool.
I like the marriage analogies in this book.
Business is like marriage. Maybe you're not ready to go into it yet-- but with solid preparation, it could be a great idea and is the best thing you could do. It comes with a lot of risk, and requires a lot from you, including patience, service, and hard work, but it could possibly be the most rewarding and valuable decision you ever make. But don't go into it with delusions, or you will be disillusioned after a failure or near-failure. This book can help cure your delusions and educate you into a better position. If you somehow gain nothing as it relates to business by reading this book, you may find it helps you with marital advice, which is much like business advice.
There is a summary of the chapters in the final chapter of this book, which perhaps some people may find to be a nice outline of the book before they read it.
"Think of this book as a prequel to "The E-Myth Revisited."
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- Avery J Gaddis
- 02-17-21
Nice Guy Check for Wannabe Entrepreneurs
Carol Roth does a nice job of explaining the perils of entrepreneurship. In an ocean full of feel good books about the successes, triumphs of some, Roth’s book offers refreshing insight.
I dig this book and encourage its consumption.
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1 person found this helpful
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- WENDY DREMANN
- 12-01-22
Shark Tank
Really good book however, it seems like they are talking about the shark tank variety of entrepreneur. I’ve been self-employed for 30 years and this book really doesn’t pertain to me. however, it is very interesting.
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- Tim
- 05-08-16
Essential to any Entrepreneur
Even if you think you know something about running a business this book serves as a sort of entrepreneur check list; it brings up several things you weren't even thinking about, and puts several others into a new perspective. The message can be a little intimidating at times, and that's a very good thing — you need to know exactly what you're getting into. Carol tells it like it is without a lot of sunshine and jellybeans: she delivers your wake up call with both barrels.
I always hope to finish a book and have at least one takeaway, "The Entrepreneur Equation" gave me several. I'm working on a startup, and this book forced me to rethink parts of my strategy, which will save me lots of pain and money in the future. Grateful to have read it and definitely recommend.
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- BaconLover
- 03-14-13
Needs Woman Narrator
This is a great book for anyone considering starting their own business. I would certainly recommend the book, but that audio book isn't the best format as is. It is written by a woman in a first person perspective. Since she uses personal references throughout the book it sounds odd at times with a male narrator. Mike Chamberlain does a good job, but his male voice does not lend well to this book. A woman narrator is needed.
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- Michelle
- 06-22-22
Great read.
This should be read by everyone before opening a business. Very vital information is highlighted.
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- Albert
- 01-30-12
A must read for any aspiring enterpreneur.
Where does The Entrepreneur Equation rank among all the audiobooks you’ve listened to so far?
Outstanding. Unique expertise delivered in concise organized form. If this book doesn't teach one sensibility in business decisions, nothing would. All the angles are covered.
What other book might you compare The Entrepreneur Equation to and why?
N/A
Which character – as performed by Mike Chamberlain – was your favorite?
N/a
Was this a book you wanted to listen to all in one sitting?
Definitely no.
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3 people found this helpful