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Go Broke, Die Rich: Turning Around the Troubled Small Business - Poetry for the Ailing Entrepeneurby William Manchee
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Go Broke, Die Rich is a How-Not-To-Do-It book designed to help small business owners avoid the many pitfalls in running a small business. Written to be an entertaining as well as an informative read, attorney William Manchee shares his experiences representing small business owners for over 30 years. Yes, We're Open focuses on the causes of small business failure and how to defend the troubled business while taking the necessary steps to turn it around.
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About the author: William Manchee grew up in Ventura, California in the 60s. After obtaining his BA from UCLA in 1965 he and his family moved to Texas in 1970 where Manchee attended law school at SMU. He began his legal career in Dallas as a sole practitioner in 1976 and currently practices with his son Jim. A resident of Plano, Texas he and his wife Janet have been married nearly 40 years and raised four children. Inspired by twenty years of true life experiences as an attorney, Manchee discovered his passion for writing in 1995. My review: This book is good but it is by far not my favorite. I do think that the author writes good. I just think it was not my cup of tea. Just because it was not my cup of tea does not mean it is not yours. So you should make your own decision on if you would like it.. ((: Stars I give this book: **** (4)
Go Broke, Die Rich was a great read. It was very easy to follow and, a very easy read. I decided to read the book to try to avoid mistakes made by business owners as someone who is considering starting a business. I thought, if there is any way to avoid some common failures, or to learn from others experiences, I would love to get that chance. Mr. Manchee gives real life examples and has a story for each example of what really not to do. He goes over some things that I expected, looting, giving away a product, and misfortune. But he also wet over some not so common things that we hear about such as local, state, and federal tax problems, hoping the problems will go away, and coming back from a failure. This is one of many books that I have read on the “to do’s” and “not to do’s” in starting and operating a business, but this is really well written and I have already recommended it to others.
Do you have a small business already or are you thinking about starting one? William Manchee's has written a simple and easy to read book with great tips in what he calls “Poetry for the Ailing Entrepreneur”. Go Broke, Die Rich is a great resource for anyone wanting to start a business and succeed! Frankly, I have many ideas floating around in my head regarding future business opportunities and have always been concerned about how to make a business thrive and be successful. It seems that no matter how great an idea may be, if you don’t have the right plan, backing and determination it won’t work. As a man who quickly learned his dislike for working for someone else, William Manchee has a great grasp on why many of us want to become successful business people ourselves. Fresh out of college and looking for work, he felt the strain of others opinions and requirements upon him. The idea of stepping out and being his own boss called to him and eventually won out. Becoming a lawyer who often advised small business owners himself, Manchee picked up many ideas, tips and thoughts along the way to help you become the most successful business person you can be. He covers everything from business start-up, stretched budgets, looming threat of bankruptcy and all those icky tax issues none of us like to think of on a personal level let alone a business level. I was impressed with his knowledge of bookkeeping/tax/money end of small businesses. There was very little within his pages regarding taxes and hiring employees that I didn’t nod my head and agree with. I felt that this book was truly a great start for someone who finds themselves in over their head in a newer small business or someone like myself who is always thinking of a new business endeavor and how to make it possible. This book doesn’t give the “secret to success” nor does it “guarantee you won’t fail” but it does give very practical and useful information that if taken seriously and weighed against all the other factors of a business (like supply and demand, quality and need) could definitely help prevent the close of an existing business or assist and making a new business succeed. Updated from his original manuscript called “Yes, We’re Open, Defending the Small Business Under Siege”, Manchee gives sounds advise to those who are willing to listen and take heed. Not my typical style of book to review, I found this an easy to read and well written work. I was interested in it when the opportunity presented itself because, like anyone else out there – I’d love to be my own boss full time and be successful. Not just barely floating along, but well above water and making strides toward climbing ashore and building that great resort on a deserted island! Manchee is obviously knowledgeable in the areas he writes of and has an ease about his writing that makes it a simple read. Most books of this nature tend to be boring, but his cute and witty poetry at the beginning of the chapters makes you smile and keeps you guessing as to what riddle he will solve next. I easily can give the book 4 stars and have gladly turned it over for my boyfriend to read and glean from as well. Although this is not a book for everyone, definitely a book for the ambitious potential business owner or the struggling to survive business owner.
As a small business owner myself, it is beyond difficult to explain to other “non-entrepreneurial” people just how hard it is to make a business work. And explaining to my kids that every single dollar I make depends on me and not a regular paycheck – well that is an adventure in itself. In William Manchees new book, Go Broke, Die Rich: Poetry for the Ailing Entrepreneur, he fully explains the reasons, as he sees them, why small businesses do not succeed. If you think about people you know that have tried and failed with a small business, from the outside, it is easy to say that they should have done this or that and they would be successful. But in reality, 3/4 of the small businesses that fail COULD actually be successful with the right tools and direction. This book, while it doesn’t give you a magic potion for succeeding, does walk through the steps to turn your business around if it is close to failure. The author speaks from experience as he has run several small businesses himself and watched as numerous colleagues fail in business and then in marriage because of financial troubles. This book is an easy read and it makes so much sense! He provides solutions and strategies to help you turn around your business and get it on the right track – most of it is common sense! My husband and I both read this book because we own a small business together and other businesses on our own. We both gleaned some great information and found it to be very helpful! I highly recommend that anyone that owns a small business read this book – whether you are successful or your business is on the decline! If you would like to win a copy of Go Broke, Die Rich, visit my Facebook page and tell me why! One winner will be randomly chosen.