Billion Dollar Lessons, Paul B. Carroll
Billion Dollar Lessons, Paul B. Carroll
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Billion Dollar Lessons
What You Can Learn from the Most Inexcusable Business Failures of the Last Twenty-five Years

Author: Paul B. Carroll, Chunka Mui

Narrator: Jim Bond

Unabridged: 10 hr 38 min

Format: Digital Audiobook Download (DRM Protected)

Published: 09/11/2008


Synopsis

“This book is your chance to learn from others’ mistakes.” —EntrepreneurIn the 1960s, IBM CEO Tom Watson called an executive into his office after his venture lost $10 million. The man assumed he was being fired. Watson told him, “Fired? Hell, I spent $10 million educating you. I just want to be sure you learned the right lessons.”There are thousands of books about successful companies but virtually none about the lessons to be learned from those that crash and burn. Now Paul Carroll and Chunka Mui draw on research into more than 750 flameouts to reveal the seven biggest reasons for business failure.

About Paul B. Carroll

Paul B. Carroll wrote for The Wall Street Journal for seventeen years. The author of Big Blues, he founded Context, the first “new economy” magazine, in 1997. He lives outside Sacramento, California. Chunka Mui is the coauthor of the major business bestseller Unleashing the Killer App and a fellow at Diamond Management and Technology Consultants. He lectures and consults widely on strategy and innovation and lives in Chicago, Illinois.


Reviews

Goodreads review by Clare

I found this book from an old Wall Street Journal book review that absolutely raved about it, and it's easy to see why. It's truly one of the best and most helpful business book I've ever read. There are so many books that talk about a business' success, so it's refreshing to see that concept turned......more

Goodreads review by Timothy

I'm a big fan of the "mistakes to avoid" genre, and this book is an excellent representative of it. The authors romp through a broad spectrum of industries, outlining cases of how companies incurred big losses -- everything from metal ore shippers to film photography -- and delve into the dynamics th......more

Goodreads review by Mousek

I'm honestly surprised more people don't rate this book 5 stars. After reading some of the reviews I was a little worried that I wouldn't find much relevance in this book. As I'm finishing it up, however, I've got to say that I've learned an awful lot of not just company failures but how anthropolog......more

Goodreads review by Amr

A great book with many lessons that will benefit any reader.......more