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SCALING SMART

HOW TO DESIGN A SELF-MANAGING BUSINESS

An indisputably helpful guide to the finer points of entrepreneurial expansion.

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Rich and Kathy Fettke present a book of tips and tricks for growing a business.

As is stated in the introduction, the goal of this work is to help entrepreneurs with an obvious, though difficult, task: growth. This is not a book for readers dreaming up new businesses but rather a guide for those seeking to transform what they have already built “from a time-sucking, stress-inducing monster into a well-oiled, income-generating machine.” Chapters cover subjects including developing a winning company culture, recruiting the right employees, and determining the ways in which new technology (like artificial intelligence) can be of assistance. It all begins with an entrepreneur’s personal vision: Business creators need a “clear target” of where they want their businesses to go (one should not try to grow too quickly, the Fettkes caution). The authors also emphasize the importance of creating a strategic plan including an organizational chart so that it is clear who will do what in a company. Clarity and organization are common themes, as evidenced by the advice about working with partnerships: “Written agreements prevent disagreements.” Throughout the chapters, the authors, a husband-and-wife team, share their experiences of working in real estate. Their down-to-earth approach has much to offer: Readers learn everything from what constitutes a useless meeting (and how to avoid one) to how a great team can make all the difference. (The authors also recount some less-than-great teams they have encountered, such as one including an employee who used work emails to promote her own events that “made anything on OnlyFans look tame!”) Though the book is full of practical content, some of the text can read as obvious or vague. A quote from the founder of Groupon exhorts readers to “Hire great people and give them freedom to be awesome.” Solid advice, but perhaps easier said than done. Nevertheless, as each chapter ends with a handy list of “Takeaways,” the content is easy to navigate. Readers will be comforted knowing they need not attempt the arduous task of growing a business alone.

An indisputably helpful guide to the finer points of entrepreneurial expansion.

Pub Date: Sept. 10, 2024

ISBN: 9781960178169

Page Count: 288

Publisher: BiggerPockets

Review Posted Online: Aug. 19, 2024

Kirkus Reviews Issue: Oct. 15, 2024

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THINKING, FAST AND SLOW

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...

A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.

The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.

Pub Date: Nov. 1, 2011

ISBN: 978-0-374-27563-1

Page Count: 512

Publisher: Farrar, Straus and Giroux

Review Posted Online: Sept. 3, 2011

Kirkus Reviews Issue: Sept. 15, 2011

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WHO KNEW

MY STORY

Highly instructive for would-be tycoons, with plenty of entertaining interludes.

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  • New York Times Bestseller

Well-crafted memoir by the noted media mogul.

Diller’s home life as a youngster was anything but happy; as he writes early on, “The household I grew up in was perfectly dysfunctional.” His mother lived in her own world, his father was knee-deep in business deals, his brother was a heroin addict, and he tried to play by all the rules in order to allay “my fear of the consequences from my incipient homosexuality.” Somehow he fell into the orbit of show business figures like Lew Wasserman (“I was once arrested for joy-riding in Mrs. Wasserman’s Bentley”) and decided that Hollywood offered the right kind of escape. Starting in the proverbial mailroom, he worked his way up to be a junior talent agent, then scrambled up the ladder to become a high-up executive at ABC, head of Paramount and Fox, and an internet pioneer who invested in Match.com and took over a revitalized Ticketmaster. None of that ascent was easy, and Diller documents several key failures along the way, including boardroom betrayals (“What a monumental dope I’d been. They’d taken over the company—in a merger I’d created—with venality and duplicity”) and strategic missteps. It’s no news that the corporate world is rife with misbehavior, but the better part of Diller’s book is his dish on the players: He meets Jack Nicholson at the William Morris Agency, “wandering through the halls, looking for anyone who’d pay attention to him”; hangs out with Warren Beatty, ever on the make; mispronounces Barbra Streisand’s name (“her glare at me as she walked out would have fried a fish”); learns a remedy for prostatitis from Katharine Hepburn (“My father was an expert urological surgeon, and I know what I’m doing”); and much more in one of the better show-biz memoirs to appear in recent years.

Highly instructive for would-be tycoons, with plenty of entertaining interludes.

Pub Date: May 20, 2025

ISBN: 9780593317877

Page Count: 352

Publisher: Simon & Schuster

Review Posted Online: May 12, 2025

Kirkus Reviews Issue: June 15, 2025

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