In this "refreshingly different" high-toned business book, three leading business school professors take to America's back roads in search of offbeat small businesses—enterprises that hold valuable lessons for executives and entrepreneurs everywhere ( Bloomberg Businessweek ).
While playing hooky from a conference in Boston a few years back, three former colleagues from Northwestern's Kellogg School of Management hopped in a car and embarked on a life-changing road trip. They pulled into a shoe store in Maine and noticed that the sales help was unusually pushy. After a few questions, they discovered the store had a "secret shopper" program, in which employees would be marked down if they were not sufficiently aggressive with customers. A lightbulb went off.
Instead of teaching the tried-and-true case studies involving GE and Microsoft, these three men decided to pull their heads out of their ivory towers and search for insights about product differentiation, pricing, brand management, building a team, and a host of other topics. Why take your cues on employee compensation from Wall Street when you can learn from a Main Street company like Couer D'Alene's best crime-scene cleaner? Want to learn about scaling a business? Come meet Dr. Burris, the flying orthodontist, who operates multiple, profitable practices in rural Arkansas.
Spiced with vehicular mishaps and unexpected finds, this is one business book you won't want to miss.
This is a good book if you have that business mindset and are probably thinking of going to get a MBA one day. The lessons that are presented in here are pretty good and one should definitely take into consideration if starting a small business, but shouldn't be the bible or anything.
Based on the book itself, I was kinda disappointed. It was put together weirdly (some chapters had them on the same trip, other had them jumping from area to area), the humanizing parts of the story kinda seemed forced, and the way it was written was just odd. It seemed like one (if not all) of the authors were referring themselves in third person. Certainly not something I would pick up again, but I enjoy reading a variety of stuff.
Might be useful for students in Econs or Business 101 to enrich their lessons.
This economist trio aren't as funny or amusing as they thought they are, but they tried their best in giving structure to the case studies. Despite taking to the road their very academic style is still too dominant for this to be as fun as the freakanomics series.
Rather than break out of the box, they try to fit the cases into their theory boxes. But in this way it makes the book easy to digest and as I've mentioned, probably well-suited for students looking to add relevance to their classroom theorems.
Perhaps for the sequel (yes they're continuing this) they can shift their attention to pitfalls and mistakes small businesses are prone to make using the same case study format. Although from the notes it seemed as though they'd be doing the same things, just in different locations.
If you must do so, professors, maybe try Europe or Asia. At least we'd have the cultural shock jokes to spice things up, and you'd have more fun too, guaranteed!
I loved this book. I was an English major, not an Econ major, so I was surprised that I found this book so fascinating. To illustrate their points, the authors use case studies that are more anecdotal than scientific, and that certainly appealed to me. The personalities of the three economist-authors shine through as brightly as the dozens of small business owners they profile, but this book is first and foremost about the challenges and rewards of operating a small business. This should be required reading for anyone considering a step in that direction, and highly recommended for everyone else.
Great title. Great content. I enjoyed, indeed, the dozens of lessons, principles and tips highlighted during this road trip by three university economists who agree to hit America's back roads and towns to discover the best business practices of several small to mid-size American companies. Taking many notes, I appreciated every stop along the way--gleaning one of my personal business goals for this upcoming new year: centralize all back-office operations.
Exciting? Not necessarily. But for entrepreneurs and startups, Roadside MBA lots of solid, timeless business wisdom, with a generous dose of good common sense. Highly recommended for small business owners, and those just interested in seeing best business practices put into practice in real-time business situations.
Good book for entrepreneurs. Their approach is simple, fun and instructive whether you have a mind for business or not. I do like the idea of sharing lessons learned from small businesses who have figured out how to do business--and not only that but well. Insightful examples from guys who got degrees and broke it down in a digestible way for their readers.
A book about 3 professors going on a roadtrip and trying to give lessons about basic economics.
When i picked the book I loved the concept they will pass by A LOT of companies and giving fun lessons by doing that. Well, They did pass A LOT of companies. And they introduce every single company in the exact same way. Causing the book to be super repetitive, boring and hard to get through.
An easy, light read full of dad jokes and references. It's basically a compilation of tips and tricks used by small businesses in the US. Probably not enough to make you want to copy or revamp existing business models, just some smart perspectives to consider when working out your own business ideas.
Loved this book. The banter between the professors and the lessons they learned. It is nice to see academics spend time in the real world with real people who employ real people. I found myself laughing at their internal banter and encouraged by some great small business owners from around the country, most of whom just learned lessons the hard way, not from a text book.
Although there were good lots of clear exposition of business principles with informative examples, this book is saturated with completely awful dad jokes, some of which came across extremely poorly as quite dated, especially for a book that's barely 15 years old. Good information, bad choice of tone.
I love the stories and case studies presented in this book. Thank you for sharing your visits. This was laid-back and informative. Quite funny at times.
The book read faster than I'd expect, I was often pleasantly surprised to realized I'd read 50 pages in what I thought would be 10.
That being said, there is near-constant "mild" racisms/sexisms throughout the book ("powwows" are not meetings) and it gets old fast, having to deal with small microaggressions of 3 divorced men sharing a roadtrip together.
That being said, overall it seems like they're a decent gaggle, racism/sexism aside and it did genuinely feel more benign/unintended than most other books that do it. I'll leave it to you to decide if that's better or worse.
I have learnt a lot, the writing was wonderful aside from the above, I just wish I could have enjoyed the read without having to sidestep the sexist and racist commentary.
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Dudes hitting the road to do business while their marriages fail. Interesting characterization and casting approach at the start (e.g., “think Sting, frontman to The Police, with some make up on to look more Jewish,” or “Kosher Sting”) to show the authors. Love “every strategic question has one answer - it depends.” Interesting variety of in-scene case studies from numerous companies/industries (many of which have a materials focus).
An interesting book about 3 College Economists who take to the road to validate the concepts and strategies they are teaching in the classroom carry over from Wall Street to the small business on Main Street. The stories of how the small business compete and thrive that the Author shares are inspiring.
Cripes just noticed it took me five years to finish this Audible. It was good for learning about small and medium business strategy outside of Silicon Valley and the east coast bubble. Also, chock full of Dad jokes.
Meh. Dry like HBS case studies and long form textbook examples. Too much chit chat on the eccentricities of the authors that come across as sounding man-child. Dnf@30%
Loved the real life examples from actual small businesses. Cool to learn about companies and business niches that I would’ve never known existed otherwise