With 7 ratings
By: Adam Brownlee
Purchased At: $20.99
The book that presents the same fundamentals that Warren Buffet used to turn an initial $105,000 investment into a $40 billion fortune in a way the general reader can apply, Building A Small Business that Warren Buffett Would Love is a succinct, logical, and straightforward guide to financial success. Highlighting one simple message: that Warren Buffett successfully invests in great businesses with strong fundamentals, it argues that these fundamentals can be replicated in a small business to yield outstanding results. Offering a solution for people wanting to start a business to provide additional income in today's uncertain economy, and designed to help entrepreneurs build fundamentally sound, small businesses using Warren Buffett's business investment perspective, the book covers:
- An overview of Warren Buffett's investment methodology and how it applies to small businesses
- The details of the Buffett investment criteria—a consumer monopoly, strong earnings, low long term debt, and high ROE with the ability to reinvest earnings—and the application of these fundamentals to both start-up and existing small businesses
An approach to building a small business that applies the well respected principles of Warren Buffett, the book presents an exciting new look at the steps to success that have been proven trustworthy by one of the richest men in the world.
Some business encounters were fairly successful, others not so much. Transportation proved to be in the latter category.
After reading the book, I can see (as a visual learner) where I made some of my mistakes!
I appreciate how Adam uses charts and then re-iterates the most import information, based upon a proven Business Man, Warren Buffett.
Therefore, if I decide to start up a new business, I will be a step ahead of the "game" having read the book, "Building A Small Business That Warren Buffett Would Love".
J. Mark Yates
In practice, the author explains a simple,logic and effective process which can be mainly applied for buying a small business that Mr. Buffett would love.
One thing is building, another thing is buying: it's quite different!!
Anyway, this isn't what I haven't liked because the main flaw of this book in my opinion is that there isn't any case history.
I've payed $19 for a book of about 190 pages on a particular subject, hence I would have liked to read at least just one case history!!
Suggestion for the author: include at least a meaningful case history ( a must ) and if he feels like, he might go deeper because there also other kinds of competitive advantages: