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Title: The Origin and Evolution of New Businesses by Amar V. Bhide ISBN: 0-19-517031-8 Publisher: Oxford University Press Pub. Date: October, 2003 Format: Paperback Volumes: 1 List Price(USD): $19.95 |
Average Customer Rating: 4.36 (14 reviews)
Rating: 5
Summary: First-Class Work on Entrepreneurship
Comment: When Bill Gates and Paul Allen started Microsoft, they had no business plan, only a brainstorm that they should write a program in the BASIC computer language. Such seat-of-the pants planning is typical among entrepreneurs, says author Amar Bhide. Successful entrepreneurs don't need unique ideas and long resumes, he writes. Rather, they must be able to adapt quickly to changing business conditions, and they must enter industries in a state of shake, where established players are lacking.
I'd strongly recommend this book to entrepreneurs and to those thinking of starting their own companies. But this is not a "how to get-rich-quick" series book on how to start and grow a new business. This bright analytical work sets a new standard for books about entrepreneurship. Professor Bhide offers a revealing look at the characteristics that make for successful start-ups, and also gives plenty of real world examples to illustrate his concepts.
Rating: 5
Summary: Rigor for the Entrepreneurs and Concepts for Intellectuals
Comment: This book provides both valuable practical insights for someone considering a new business and concise conceptual frameworks for those with an academic bent on the subject. Bhide makes excellent use of data to support his assertions, and this gives the book its academic flavor. But he also brings the subject alive with real world evidence and anecdotes. For example, he points to data that shows many entrepreneurs lack credentials one might expect to begin a successful business. He then explains a rational basis for the low credential (not to be confused with low skill) level of many entrepreneurs: that their opportunity cost is low because they "don't have the credentials and experience that could secure them highly paid employment." Hence they have less to lose. "[I]ndividuals who face high opportunity costs...usually do not start small, boot-strapped ventures." Entrepreneurs often even avoid the emotional costs of quitting satisfactory jobs. He then provides the entertaining quote of John Mineck who started Practice Management Systems in 1982 while still employed by the Personal Care Division of Gillete, Inc.: "You could do something on the side very easily; they seemed to discourage hard work."
But the book is by no means all humorous anecdote. It has heavy data, with charts and graphs that are not simply conceptual in nature, but quite empirical. Overall an excellent text for both the intellectually curious and the entrepreneurially inspired.
Rating: 4
Summary: Insightful!
Comment: The Origin and Evolution of New Businesses When Jann Wenner launched Rolling Stone magazine, he did no market research and considered himself merely an "amateur journalist." When Bill Gates and Paul Allen started Microsoft, they had no business plan, only a brainstorm that they should write a program in the BASIC computer language. Such seat-of-the pants planning is typical among entrepreneurs, says author Amar Bhide. Successful entrepreneurs don't need unique ideas and long resumes, Bhide writes. Rather, they must be able to adapt quickly to changing business conditions, and they must enter industries in a state of upheaval, where established players are lacking. Bhide offers a revealing look at the characteristics that make for successful start-ups. In spite of his often-dense prose, Bhide gives plenty of real-world examples to illustrate his concepts. We [...] recommend this book to entrepreneurs and to those thinking of starting their own companies.
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Title: GROWING A BUSINESS by Paul Hawken ISBN: 0671671642 Publisher: Fireside Pub. Date: 15 October, 1988 List Price(USD): $13.00 |
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Title: The Entrepreneurial Mindset by Rita Gunther McGrath, Ian MacMillan ISBN: 0875848346 Publisher: Harvard Business School Press Pub. Date: August, 2000 List Price(USD): $29.95 |
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Title: Innovation and Entrepreneurship by Peter F. Drucker ISBN: 0887306187 Publisher: HarperBusiness Pub. Date: 26 May, 1993 List Price(USD): $16.95 |
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Title: The Innovator's Solution: Creating and Sustaining Successful Growth by Clayton M. Christensen, Michael E. Raynor ISBN: 1578518520 Publisher: Harvard Business School Press Pub. Date: September, 2003 List Price(USD): $29.95 |
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Title: Open Innovation: The New Imperative for Creating and Profiting from Technology by Henry William Chesbrough ISBN: 1578518377 Publisher: Harvard Business School Press Pub. Date: 01 March, 2003 List Price(USD): $35.00 |
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