| Title | : | EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches |
| Author | : | |
| Rating | : | |
| ISBN | : | 1451617852 |
| ISBN-10 | : | 9781451617856 |
| Language | : | English |
| Format Type | : | Hardcover |
| Number of Pages | : | 306 |
| Publication | : | First published September 20, 2011 |
Your team will never grow beyond you, so here’s another question to consider—are you growing? Whether you’re sitting at the CEO’s desk, the middle manager’s cubicle, or a card table in your living-room-based start-up, provides the practical, step-by-step guidance to grow your business where you want it to go. Dave Ramsey opens up his championship playbook for business to show you how to:
-Inspire your team to take ownership and love what they do
-Unify your team and get rid of all gossip
-Handle money to set your business up for success
-Reach every goal you set
-And much, much more!
is a one-stop guide filled with accessible advice for businesses and leaders to ensure success even through the toughest of times.
EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches Reviews
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Really good. With a title like EntreLeadership, I thought this book was going to be a little cheesy, but not so. There were some rock solid tactics and strategies for improving your business acumen and your leadership skills.
The book is pretty methodical too, so it's easy to see where you're going and where you've been.
One of the stories that stuck out to me illustrates his hiring practices. He would take the potential employee and the spouse out to dinner. Dave was always surprised by the number of spouses who will would candidly explain that this wasn't the right job for their spouse. Also, one time, an angry girlfriend/wife call Dave asking why in the world she had to be involved in the hiring process?! She was angry and yelling. Of course, she was one of the reasons for the process! It's hard to imagine that her husband could be a good employee to anyone considering the likely turmoil at home or at least the stress that he was under outside of the 9-5. To think that that wouldn't translate into his work in some way, shape, or form is naive.
Nuggets of wisdom like this and more traditional, time-tested advice abounds in this book! -
I like Dave's straightforward approach to... pretty much everything in life. Finances, business, employees, parenting... The list goes on and on. I was listening to his podcast almost daily for 2 years and I still enjoy listening to it occasionally. He really helped me to solidify certain rules for myself and, yes, also get out of debt. My finances were not horrible, but nothing to be proud of either and now I can see a drastic change which I attribute first and foremost to his principles.
Now, I may disagree with certain things - like putting his Religion as a cornerstone, but I can't (and shouldn't) judge. I may have some other principles, but it doesn't change the outcome. So, even if you're atheist or you hate George W Bush (apparently Dave loves him) or you don't think porn is a problem - just get over it, as long as you don't work with Dave his principles won't affect you, just benefit from the words of the guy, who in my opinion impersonates common sense.
TL;DR
Great book for any entrepreneur. Pure common sense instead of theories out of the thin air. -
HEY, LOOK WHAT I FINALLY FINISHED!!!
I have lost track of how many times I picked this book up and put it down over the years. At least 4 times. And I'm not sure why. It is an incredibly relevant, useful book about leadership, management, and entrepreneurship. I consider it super foundational and worth reading.
At the same time, while I agree with the content, I think Dave Ramsey comes across a bit too curmudgeonly to really appeal to me. He talks in the book about the four work personality types - lion, otter, golden retriever, and beaver. I am solidly, and always have been, an otter. I don't remember if he said what he is, probably a lion, but whatever it is, I have to get out of my natural head space to appreciate his words. I don't automatically work well with people like him. At the same time, I recognize he created an excellent work environment and I liked hearing about the way he structures incentives, etc. Like many excellent management books, I easily saw how what he talks about fit with what I have personally experienced in the work force.
I highly recommend this one...but mostly I'm highly glad to finally get it off my to-read list! -
Ramsey dispenses both leadership philosophy and practical advice about running a business. He emphasizes ethics and integrity, showing from firsthand experience how to apply Christian principles to business and use the Golden Rule when dealing with customers, employees, and vendors. He both tells and shows with his stories that business requires hard work, and that with success comes criticism.
The book is filled with Ramsey’s personal experience, which comes mostly from his twenty-plus years running his business. Most of the advice applies to any business, but I feel that this type of book is better when written by someone with experience in multiple businesses.
The book is relatively shallow; Ramsey covers so many areas that he can't go in depth on any of them. He frequently references well-known business books such as
The 7 Habits of Highly Effective People and
Good to Great. Anyone interested in this type of book would be well to read these and other popular books he mentions for more in-depth treatment of various topics.
I’m not a fan of Ramsey’s personal finance advice, especially his anti-debt stance (see my reviews of
Financial Peace Revisited and
The Total Money Makeover), but I found the business advice in this book much more worthwhile.
I’ve been aware of this book for a while, but decided to read it after two friends who own businesses recommended it.
Notes
Miscellaneous
• A mission statement says who you aren’t, enabling you to avoid opportunities that aren’t a good fit.
• “There is only one way to avoid criticism: do nothing, say nothing, and be nothing.” - Aristotle
• Solve problems by engaging different parts of the brain by 1) thinking about, 2) talking about, and 3) writing about problems.
• Create perception of scarcity by having a lot of quality or talent.
Hiring and firing
• Hire your first employee when you’re both busy and profitable enough; not just because you’re busy.
• Hire slowly: 6-15 interviews, 90 days from initial contact to hire.
• “There is a ridiculous unwritten rule that if you are professional enough you can overlook vast differences in value systems. You might, but why bother? I would rather pay my money to, and spend time with, people I actually like.”
• Do a “spousal interview”: you and your spouse have casual dinner with the candidate and his/her spouse.
• “Always go too far in extending grace in the case of personal problems because you will never have regrets that way.”
• “Ask yourself about a problem team member: if you hadn’t hired them yet, would you hire them again?” from
Good to Great by Jim Collins
• Pay well for high-performers. “I am not trying to get a great deal on a mediocre player; I would rather pay top dollar for a superstar.”
Sales
• Figure out the personality type of the buyer and appeal to it.
• End most sales with the assumptive close; assume prospect is buying and start filling out paperwork.
• The alternative close: “Do you want it in blue or green?” or “Do you want an appointment for Tuesday or Thursday?”
Managing employees
• “Treat your team like family and they will act like family.”
• Most employees aren’t loyal to their company and leadership because their company and leadership aren’t loyal to them.
• Know your team; their families, stories, aspirations, etc. “When you have the power or the connections or the money to help them live their lives better, always do it.”
• Don’t ignore drama; deal with it. -
This book should be read by any person in leadership, ministry, business, or any position of authority, whether big or small. I thoroughly enjoyed reading the thoughts, advice, and experiences of someone who has been on both sides of the fence.
In Entreleadership, Dave Ramsey pours his heart out to the reader in giving all the advice that he has learned through his twenty-year-journey through the ups and downs of business. He will make you laugh talking about the ignorance of some, and he will make you cry recalling the hardest thing he ever had to tell a "team member". Dave has a heart for people, business, and God. Through this book he discloses many commonsense tips and advice that most common people never even think of. One of the most important things that he shares, in my opinion, is that through leading, you should be serving. As a business leader, you are responsible for the team members, their families, their kids, and the choices and attitudes that will transpire based upon you as the leader.
Dave changed my view of business and its technicalities, but most of all, he changed my view of a leader. He gave me a great understanding of people and how to deal with them. To entirely grasp the load of beneficial information in this book, one would have to read it twice, which is what I intend to do very soon! -
One of my resolutions this year was to read more “business” books and this is one I’ve had on my shelf for awhile. I’m a huge Dave Ramsey fan so I went into this book expecting to really enjoy it. His advice (and he will admit this) is usually common sense stuff – some of it you already know and some of it is new but good. This book is more of the same of that. So did I like it? Meh. I think DR’s personality was featured a little too strongly in the book and it came as a bit of a turn off. He’s REALLY rich and I thought he was reminding us of that frequently. His attempts to come off as humble worked about half the time and the other half of the time I felt like I was being reminded that he was REALLY rich. An editor should have taken care of that better. I’d recommend this book to someone that has a business and is a DR fan because there is some basic information that is good to be reminded of but I’d also give them permission to skim parts.
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Not sold on this... Some of the advice about not hiring employees, sorry team members, could border on discrimination. My favourite, not hiring the admin assistant who mentioned that US citizens will need financial advice because of the clown just elected (George Bush) was extremely accurate.
Also personally, taking a massive platform against public health care, yet preaching giving money to church? Nope these priorities are wrong. I will not be spending any more of my money on Dave Ramsey's products. -
I really enjoyed this book. It has tons of good ideas for people that are self-employed or run their own business.
I work as an author and also writer for others. This gave me good ideas on leadership, staying consistent, being patient, managing change, and dealing with ups and downs.
What stands out is that you get perspective. This guy had a good business and then went broke. Now he counsels people on how to get out of debt. Overall, he has good insight from 30+ years in the field.
I recommend this to self-employed people that are trying to break out of that plateau. -
As a running joke, I’ve always said that I live my life by the Bible and Dave Ramsey. And even though it’s more of a silly thing I say to show how much I appreciate Dave Ramsey’s teachings, the older I’ve gotten, the more I begin to realize that there might actually be some truth to that statement.
I was one of the fortunate, and very few–I’m learning, children who grew up with the Junior financial books that the Ramsey foundation first released in the early 2000s. Because of that, I have been indoctrinated with Dave Ramsey’s money teachings from a very young age, and as I’ve grown up and encountered others my age, I’ve seen what a HUGE advantage that gave me in the real world. I’ve personally seen the success that managing money RIGHT can have on one’s life.
And since I’ve seen the benefits of applying Ramsey’s wisdom in the area of money, I was excited to listen to his book, EntreLeadership, which is a book for both business entrepreneurs AND leaders. I walked away from this book with SO MUCH GOODNESS.
Just because this book has the word “business” in its title does not mean that it’s only for business owners! If you’re a leader, in any way, shape, or form, there is some valuable leadership lessons in here for you! Personally, I don’t consider myself an entrepreneur because I really don’t intend to own my own business in the future, BUT, I am striving to be this new coined term: EntreLeader, at the place of business I work.
Even if you never want to “own a business”, the odds are that you likely want to advance to a higher rank within the company you currently work for, or in the future, and to do that, even if you’re not the one writing the checks, you will still need to know how to lead well. And THAT is reason enough to pick up this book!
Dave Ramsey shares all of his ups and downs as examples. He tells what worked and what didn’t work for him. He gives excellent business advice, he gives excellent parenting advice, and of course, leadership advice. This is, quite frankly, one of those books that EVERYONE should be able to get at least something out of , even if it’s only one chapter. It’s just an all around, good book to read. For dreamers, for workaholics, for parents, etc. There’s something here for everyone.
This is a LiteratureApproved.com Review. -
Dave Ramsey is full of good advice and anecdotes from his own personal business career. This book contains a lot of practical advice for someone who is starting their own very small business and contains good practical suggestions for people who have companies that are at later stages as well.
It is clear that Mr. Ramsey has been extensively trained and counseled by some very good minds on the subject of leadership. The content of the book is an amalgam of Napoleon Hill's "Think and Grow Rich," Dale Carnegie's "How to Win Friends and Influence People," and draws most heavily from Stephen Covey's "Seven Habits." At some points Ramsey pretty blatantly takes Covey's ideas. I didn't get the impression that Ramsey even knew that he was taking broad swaths of principles from these books. This is why I think that he learned the ideas from leadership training and consulting sessions.
That being said, Ramsey intersperses his own personal experiences and philosophies into this book and make it a valuable read for anyone in business. Frankly, the principles in these books are always good to review for everyone.
I very much admire Dave Ramsey and his mission to help people get out of debt. I respect his commitment and philosophy to this idea.
In my opinion, this book's ideal target audience is people who work a full-time job at Costco and want to start their own business on the side. They have time to read exactly one book about business. Those are the kind of people who will benefit from this book.
Otherwise, I recommend Covey's "Seven Habits." The downside to reading Covey is that it is a massive volume that took me months to get through. -
EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches, Hardcover, by Dave Ramsey, Howard Books, 2011, 320 Pages, ISBN-13: 978-1451617856, $26.99
Dave Ramsey, well-known author, financial guru and nationally syndicated radio host calls his new release a “playbook” that led to his financial success, satisfaction and joy. His unconventional practical advice, devoid of theories and formulas, comes from twenty years of practical, hands-on business experience that began on his living room table after bankruptcy.
His initial flush of business success brought Ramsey a million dollar net worth and over four million dollars in real estate holdings built on leveraged bank loans, a common practice then. The bank recognized he had overextended and called in his loans. Ramsey’s wealth vanished. Suddenly he was faced with law suits, foreclosures, bankruptcy and ultimate brokenness. At age twenty-six—unable to pay bills or care for his family he was a “broken man,” with two kids and a marriage he didn’t know would or could survive.
Although that brokenness and surrender was the beginning of his eventual success, this book isn’t about failure. It’s about… Full Review:
http://tinyurl.com/3mtbn43 -
Awesome book. Perfect for the entrepreneur, but also great for anyone wanting to get practical advice on being a leader.
Some big takeaways for me were:
Passion beats almost anything. Passionate people win. He would take a less talented person with passion over an passionless top talent person every day. Dave talks about how important passion is and some specific things he does to hire passionate people and bring out the passion in his current employees
I love that Dave shares specific stories from his business. He has chapters on hiring, compensation, goal setting, selling, finance, communication, recognition, and delegation. The principles he shares are great, but the specific examples and ideas even better.
I love his quote in the last paragraph - "I am sure that quality leadership skills are always valuable in our marketplace. I am sure that the passion of the entrepreneur is a skill that is always valuable in the marketplace."
He also tires his faith in God to how he leads. Brilliant.
Definitely keeping this one close by when I start a business. -
Excellent book about understanding competent business leadership, an area many companies of all sizes lack. I am not in a leadership role in my current position, nor am I self-employed. However, this book has given me insight to improve my current role as a low-ranking team member, and makes me excited for the future. I have also been thinking about starting some sort of business on the side, but I am not yet there to begin that. When I do, this book will be a great educational asset when I do.
I have to say as someone who graduated from college with a degree in Economics & Finance, I have learned more from the books written by Dave Ramsey then the textbooks and lectures presented to me at the university about real world business. -
This book was not very good and I am stunned at the all of the 5 star reviews it received on Amazon. That is more a testament to the powerful brand Dave Ramsey has built up that he can put out a very mediocre book like this and have so many great reviews. I would pass on this one.
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Go back to first chapter for list of things you must always be doing.
Positional leadership vs Persuasion Leadership
Head of fries is positional, persuasion is discussion.
Leader must have a servant mentality.
teaching
meantoring
start with a dream - end with a goal
Dream and do something
Vision is what happens to the dream
where there is no vision, you will perish. business, family, etc..
chapter 3
what do you do
how do you execute
why do you do what you do
goal are visions and dreams with work clothes on
goal convert vision into energy
goals are specific and measurable
quadrants
important and urgent
important but not urgent
urgent but not important
not important and not urgent
Chapter 5
Decision makers
Fear - Decision
Citisism - do not be afraid of it. But be careful who you listen to.
Do nothing, say nothing are not those whom you listen to
To make a decision
1. Set a deadline
2. Take right amount of time, larger decisions take larger amounts of time to decide.
3. Give yourself lots of options, then narrow them down.
Team your team how to make a decision. Be information gatherers.
take time to allow them to offer their suggestion before offering yours.
Make sure you have a clear sense of ethics.
Situational ethics are bad.
One great tip is to ask your spouse. Most of the times they can see things from the outside and help make the best decision.
Marketing
Oprah effect -
(2nd) 60 Minutes effect -
Momentum therom
- focused intensity over time multiplied by God equals momentum.
Reasons to loose Momentum
- loss of focus
- greed (to much too fast)
Make sure that 'focused intensity over time' - you focus on the things that really matter
Chapter 7
Don't flop Whoppers
Start small and be proud.
Start humble and be proud.
When is it time to jump, quite your day job.
Two things that determine.
One: percentage of startup versus day job.
Second: how income is trending in startup
Passion matters
Hard work is a prison if the work has no meaning.
What: How: Why:
People buy the why you do it. The why...
Build your flower bouquet from the
Flowers within reach. Things you are great at.
Passion trumps obstacles and age.
Do your research. Investigate the company.
Conclusion
Small businesses help thrive our economy.
Chapter 8
Hiring Firing and Personanilty.
Turnover is bad for business
Take more time in hiring. Take more time.
Don't get an employee, get a team member
12 components in hiring.
1. Prayer
2. Advertise and get referrals - waste of time.
Referrals from current employees - bonus
3. 30 minute drive-by interview
2 ears to 1 mouth
4. Resume and references
5. Testing tools - relational intelligance
The disc test.
Dominance - lion
Influencer - otter
Steady - golden retriever
Compliant - beaver
6. Do you like them? Hire people you like.
7. Do they light up? They have passion for their position. They would do the work without being paid.
Philosophy of what you do. Working hard and Christian. But not just one of those.
8. Personal budge and mission statement. Look at their budget. Make them create a personal mission statement.
9. Compensation calculation - develop exactly what people will be paid and benefits before interview. People who talk money first, are not those whom you want on your team.
10. Key results areas - detailed job description, KRA. What are requirements of the job.
11. Spousal Interview - get advice and thoughts from your spouse. Dinner with department head and boss and their spouse. Dinner with new hire and spouse.
12. 90 day probation - no obligation to our company, we have every obligation to the new hire.
Subtracting - team members
Three reason checklist for release.
Root cause of failure.
1. Leadership failure - KRA outlines well? Given the tools to win? IT department 2 week story.
2. Personal problem - Quantify the problem. Assess how to help. Always go to far in extending personal problems.
3. Incompetence - Quantify the level. Behaviors issue. Never quite reaches excellence, and never will.
Set them free. Fire a gun, sets the bullet free to go elsewhere
Timeframe for release.
Immediately - integrity and stealing. Act. Zero tolerance.
Treat people with kindness and care about them.
Verbal reprimand - paternal instructions on what you must do to stay.
- be short
- be uncomfortable for everyone
- attack the problem directly. Sandwich - praise, problem, praise
- private, never do it in front of someone else
- be gental. Kindness.
Death of a salesman
The art of selling by serving.
Believe in what you sell, or don't sell it.
Know the competition and serve your customer. Know why you are better, without tearing down.
Listen instead of talk, ask questions. They will tell you what they want.
People don't buy products, they buy what those products do.
Describe the benefits, not the product.
The Closer. - techniques
The Entreleader does not close with the wrong attitude. Not arm twisting techniques
Feel, felt, found
The Assumptive Close - simply take the order.
Shut Up - teach your team to listen and shut up, ask question.
Alternative Close - brother of assumptive, present two closure options. No yes or no.
Calendar Close - two days that you will present the closure time.
Integrity Close (test drive, puppy close) - it is really hard to give it back.
Money in the House - invoices are promises. Without Money there is no sale.
Conclusion - love product, love customer, and serve in order to serve.
Chapter 9
Financial Peace for Business
Story of economy and not being in fear when stock mArket was in panic.
Never make big decisions when in fear or drunk.
Lots of cash, no debt, margin on products, spirits of generosity.
Basic principles work.
* Do the accounting - cash flow problems, result of lack of accounting.
*
* Micro businesses - primitive accounting, no embezzling. Never pay business expenses from personal, or personal from this account. (oops)
* Taxes will kill your business - borrow sales tax money. Have a tax checking account and save 25% for taxes
* Budget - P&L yourself. But you must do more. Budget... Looking forward.
* Act your wage - business overspend when they. Adding credibility, need for toys. ONLY buy with surplus cash. Don't impress with decorations.
* Tax savings on unnessary products in order to make a profit. - stupid, not buy to save on taxes.
*
* $75,000 profit a year = 25% tax bracket
* $10000 spent to get that deduction
* Saving 25% or $2500
* Spent $10,000 in order to save at $2500
* Debt - survive on 10% of ideas. Debt magnifies mistakes. None-fatal failure.
*
* Space Camp - 1 book every five weeks. Made 8 books, three more to advertise. Space camp was trademarked. Borrow would have caused them to eat money when having to spread books.
* Debt kills cash - cash flow problem, tax and debt problems.
* Debt mythology
1. Starting without debt - start small with cash
2. Line of credit myth - cash flow fluxuations
3. Credit Card debt in business - reactive, didn't think.
4. Large purchase require debt - rent and save to stay ahead. Slow and steady
Rules for large purchases
1. Pay cash
2. Rent until you can pay.
3. Outsource to avoid debt
4. We buy used (questionable with electronics)
* Save - retained earnings ? 6 months of operating capital.
* Expect unexpected
* Investing in your favorite company. Having extra money allows you to try new things.
* Oportunity is knocking.
* Be generous - hallmark of operating with soul.
* Applying the principles - stop spending, if you have debt
* drop your personal income
* Apply profits for debt reduction, and use some for cash reserves
Chapter 10
Grasping relationship between great communication and great companies
Map / Directions story - bad directions are frustrating
Communication in a business is a great map to the party
1. Don't make communication a priority
2. Management intendially under communicate
Team does know what's going on = employees Not team members
Fear, frustration, distrust - culture of secrets and gossip.
Tell them what the dream is. Repeat the goals and dreams.
Communication in times of trouble. Decide how you will communicate during a crisis.
- win in doubt over share. more details and more of the story then you are comfortable with.
- disclaimer. No gossip. Sensitive info. Acting like adults
- never embaris persons while over sharing.
- no privacy on my equipment.
Common ways to communicate
1. Staff Meetings. What are other staff members doing? Productivity and Sinergy went up.
2. Devotional Meetings. Inspirational times with local pastor or leaders.
3. Mail. Voicemail, Email, Non-verbal communication is 80% of communication
4. Weekly reports. Summary written to yourself. High and Low points, personality.
5.
1. Report musts - read and react!
6. Key result areas - Define what winning looks like.
7. Management by walking around - no better way to communicate than in person
8.
1. Tom Peters - In Search of Excellence
1. MBWA - hands on leadership
Chapter 11. People Matter Most
Story of Employee - Tragic News
How to make decisions quickly?
Golden Rule
Treat others how you want to be treated if you want to build loyalty and unity.
People have a need to be treated with dignity.
Story of Salesman compensation with million dollar deal.
Fanatical Integrity
Never miss payroll
Be transparent
Never mistreat
Entreleaders must follow through in a predictable, positive, and proactive manner on every issue and opportunity.
People allow themselves to be lead only when they feel valued and are treated with dignity.
Unity
Belgian Draft Horse - 8000 one, 20000 two.
It's not simple or easy
Disunity more than offsets the unity of all others
Five enemies of unity
1. Poor Communication
2. Lack of shared purpose, goals, mission, vision, dream
3. Gossip - problems grips must be handed up in leadership
4. Unresolved disagreements - Resolve them. Shared integrity and shared respect
5. Sanctioned Imcompetance - good team members become demotivated.
Unity and loyalty
Caught in the act
Getting attention is necessary
People yearn for affection
Recognition
1. Just to do it. Recognize when you see it. If u do it you'll be a leader and human.
2. Do it in front of people that person cares about.
3. Recognize in writing.
4. Recognize in front of peers for extra power.
5. Recognition doen't have to be expensive.
6. Must be inspiring
7.
1. Vision casting
2. Compensation
3. Crusader mentality
4. Story telling - history, building
5. Predictability - erratic behavior does not inspire.
6. Passion
7. Example - set the tone, speed, work ethic of the team
Conclusion - its not unreachable. It just makes sense.
Show me the money - compensation that fires people up.
Pay them - like you would want to be paid if you were in their shoes.
Creativity is key.
Don't overpay them. Your team can tell.
Incentives that share in the win. Commission people get rich.
Ways to pay people
* Salary - don't motivate
* Profit Sharing - great way, but dangerous if done poorly
New Animals - team discussed on compensation.
Tigers - snooty waiter.
Koala bears -
5:30:00
Seniority sounds corporate. 50% years on job. 33% personal score effort and attitude. 17% profitability of department.
Ways to give profit sharing money.
* Profit sharing means I am sharing some of my profits
* Only given with expenses went down and profit went up.
Commission
* Straight commission - make a sale and collect the percentage.
* Salary plus - lower commission rate, salary is just over starvation level.
* Draw plus - draw is like a salary. Commission isn't paid until draw is repaid. 5:37:30
Profit and loss bonus - lousy salary. Percentage on month after. Fighters. Their own company.
* Vesting - CFO, COO - based on business control matrix.
Broke sales people smell bad. They pressure.
Benefits
* Free products
* Random meals
* Health insurance - enough for the premium is less. Never pay 100%
*
* Disability insurance - group rates are great
* Cool and creative - movies, pot luck once a month.
* Gym memberships - but with rules
* Ministry week - extra week off if they used it in a certified non-profit.
* Education - web site story. Sometimes they learn and leave with your education. But
* HR fund - education, 401k, flowers, airline tickets.
Conclusion - develop a generous culture. When in doubt be generous
Mastering the Rope - Delegation , the best way to build a bigger business than yourself.
* Trust - don't bust the trust. -
* Shorten the rope, steps allow the rope to be loosened.
The art if delegating is silimar to lengthening the rope
Last Not First
When you delegate inproperly you will build a mess.
Properly prepare your organizations future, Hire and keep only the right people, build unity and loyalty, Recognize achievement and creatively compensate, delegation will become the joy of your life.
Magic formula - In order for an entre leader to successfully delegate you must trust the team members integrity and compotensy.
Paper cost.
Delegation is a lengthy process.
Integrity - complicated tasks only to integrity. If you steal, you are fired.
Henry Cloud - Integrity - integer, any whole number. No fraction. Function in wholeness.
Compotensy - trust in smarts and skills. Walk with them as they display their knowledge and ability.
Compotensy is more than just the ability to accomplish the task.
* How was the task accomplished
* How did all the people feel
* Were all the problems considered?
* Were all the downside considered?
* Were all the financial conciderations of cash flow and profit considered and handled?
Never expect more than you inspect. Never surrender
Levels of delegation - Stephen cover, principle centered leadership
Systems and processes can only do so much verification of integrity and compensation, continue to teach why.
Gofer level delegation - simple tasks that are easily verified.
Management - delegating concepts that have implied tasks. Inspect the concept. Home building story.
Micro managers - bad bosses. Until they prove their competency, it's called training.
Authority - never give someone responsibility without the authority to perform.
Titles don"t make leaders. Give them the title, must allow them to lead.
Conclusion - share Ramsey play book.
Passion of an entre leader is always a skill valuable in the work place.
Go make a difference in the way business is conducted.
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I read this book because I'm a Dave Ramsey fan, and not because I'm a business owner. So with that, this didn't really appeal to me because I'm clearly not the target audience here. It had some unique ideas for being successful at building a business as well as a boat load of common sense. He also covered the importance of taking care of your employees. One other thing that didn't appeal to me was the audio. I'm not sure what it was exactly, but Dave came across as distant and a little stiff. So for me, 3 stars.
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Really enjoyed this. I enjoy anything Dave Ramsey writes. I love his knowledge, advice, and common sense. This book is great for anyone wishing to start a business, someone who’s already running a business, or even someone working for a business. Ramsey gives solid advice about how to attribute qualities of an entrepreneur and a leader, hence the name “entreleadership”. Highly educational. I took notes the whole time.
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Good! Solid leadership advice. Dave Ramsey does not shy away from sharing his faith-filled Biblical perspective and vantage point, while not getting so engrossed that it's off topic. I really really appreciate that balance. Now I need a "how to" for starting a business with nuances and details.
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It's ok
Lots of platitudes you can find from other sources. Dave's experiences building a successful sales and servant focused business. Worth getting but not enough to call yourself a leader. -
Good advice from a straight shooter. Better for those starting a business than for the self-employed, but there is helpful stuff here for both.
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This could be a replacement and a summary to tens of book about business, management, leadership and entrepreneurship.
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had to read this for work lol
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If you ever want to start a business, I recommend reading this books first. I do wish Dave Ramsey would have narrated the audio book, but it is such a great book to read and reread.
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I learned a lot about myself, and some general principles I can apply to my work with some confidence. Definitely recommend to any business owners.
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Excellent protective on how to really win in business.
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BASIC.
This book is soooo basic. If you’ve ever had a job before or even interacted with someone, somewhere doing business you probably know half the stuff in here. -
Can I just say it? We love Dave Ramsey at our house. We read his Total Money Makeover when we first got married. It changed the entire way we handled money and we have been much better off because of it! He is honest, down to earth, and hilarious. This book, Entreleadership, I thought was just as good! Even though many of his points had nothing to do with my specific business and field, I still got many ideas out of it. I recommend this book to anyone who is thinking of having or does have a business of their own. Or even leaders in the corporate business world.
