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Double Your Profits: In Six Months or Less
by
One of the nations' foremost financial consultants shares 78 proven ways to cut costs dramatically, send productivity through the roof, and, in just six months, double profits.
...moreGet A Copy
Kindle Edition, 258 pages
Published
October 18th 2011
by Harper Paperbacks
(first published January 1st 1993)
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Showing 1-30
Start your review of Double Your Profits: In Six Months or Less
So, I read this book not because I was interested in doubling my profits, but because I currently work for a Heinz supplier and wanted greater insight into the management style of 3G - and, by extension, some understanding of what is happening in the tomato industry / the food industry at large.
This book sucks. I can't remember the last time I wanted to spit in an author's face.
I concede that Double Your Profits challenges sacred cows and espouses unpopular views. It is not the first to argue th ...more
This book sucks. I can't remember the last time I wanted to spit in an author's face.
I concede that Double Your Profits challenges sacred cows and espouses unpopular views. It is not the first to argue th ...more
Very short and straight to the point book.
The main part of the book focuses on cutting costs. It seems to work better in bigger companies - and not so much when your company is made of two people and their two computers. :)
After that initial "cutting costs" part, there are some points about negotiations and sales, and the importance of being persistent.
Besides the patent advice, I think there is a mindset that the author imparts in the reader, one about continuous improvement, pruning the superf ...more
The main part of the book focuses on cutting costs. It seems to work better in bigger companies - and not so much when your company is made of two people and their two computers. :)
After that initial "cutting costs" part, there are some points about negotiations and sales, and the importance of being persistent.
Besides the patent advice, I think there is a mindset that the author imparts in the reader, one about continuous improvement, pruning the superf ...more
This book was handed out by the CFO at a recent meeting I attended. A few interesting ideas, but mostly unusable. Couldn't help but hear the voice of Jerry McGuire's mentor (Dickie Fox) as I read: "I LOVE getting up in the morning! I clap my hands and say THIS is going to be a great day!"
Anyway, how can I take the advice of an author who would write, "When Apple hired John Sculley away from Pepsi to be CEO, they demonstrated that knowing consumers is more important than knowing computers." ...more
Anyway, how can I take the advice of an author who would write, "When Apple hired John Sculley away from Pepsi to be CEO, they demonstrated that knowing consumers is more important than knowing computers." ...more
This is the book that is a required reading for managers at Ambev and by all companies when bought by 3G. It's very aggressive in tactics for reducing waste and making more improvements. Sometimes it looks harsh, but depending on the company and the market it makes lot of sense. Very good tool to choose what and when to apply ideas to improve profit.
...more
Critics of the book don't get the point - this book is not to be taken literally and applied to real life without any judgment. Obviously if you're a mom and pop retailer buying from an industrial behemoth it may not be the greatest idea to unilaterally change payment terms. Nonetheless the spirit behind the book is great and should be required reading for company managers.
...more
Succinct, practical, ruthless, written in a way that is perfectly consistent with what it preaches
Dec 09, 2016
Gaurav Mathur
rated it
really liked it
·
review of another edition
Shelves:
business-management,
mmm-money
One of the few delightful/provocative books which I read in one go.
I see how a lot of people dislike it, and in fact, that was one of the reasons I took it up. I believe that the only argument against a book is that it is boring. Well, this book is not boring.
The writes sounds like an extreme salesman, which he probably is. He talks straight and talks sense, and he is not "nice". But he talks like someone who gets the job done. And he focuses on the details.
Some ideas are out of date in today's ...more
I see how a lot of people dislike it, and in fact, that was one of the reasons I took it up. I believe that the only argument against a book is that it is boring. Well, this book is not boring.
The writes sounds like an extreme salesman, which he probably is. He talks straight and talks sense, and he is not "nice". But he talks like someone who gets the job done. And he focuses on the details.
Some ideas are out of date in today's ...more
The first half of this book deals with the cost side of the equation, the second focuses on revenues. Starting with a disarmingly accurate warning that none of this is rocket science, or highly complex, and ending with advice to be stubborn and determined in pursuit of profit. The rules of thumb are, truly, not complicated, but they would require stubborn determination to apply. Why? Because this book revers a world in which continuously shaving every penny you can from the cost equation is the
...more
Author leads us in a concise and straight-to-the-point way through number of steps to realization that increasing your profit is relatively easy task. What we need is healthy logic, discipline and consistency - like in every aspect of the life and business.
So this is my assessment of this book Double Your Profits by Bob Fifer according to my 7 criteria:
1. Related to practice - 5 stars
2. It prevails important - 4 stars
3. I agree with the read - 4 stars
4. not difficult to read (as for non English ...more
So this is my assessment of this book Double Your Profits by Bob Fifer according to my 7 criteria:
1. Related to practice - 5 stars
2. It prevails important - 4 stars
3. I agree with the read - 4 stars
4. not difficult to read (as for non English ...more
Meh, lots of common sense advice and plenty of advice that has since been proven wrong... Stick people in the smallest crappiest offices to save money is no way to build a great internal culture.
Must set clear and high standards!
Run a meritocracy company! Reward those doing well adding to your profits!
Tell new hires if they do well they'll love the rewards! If they don't do well they won't be happy and will leave.
Then COMMUNICATE WEEKLY AND DEFINE THE TERMS AND HOW PERFORMANCE IS MEASURED AND DELIVER THE RESULTS!
Focus on RESULTS, not processes! However processes should lead to results!
Understanding STRATEGIC COSTS (increase revenue.)
Out spend competitors on strategic costs and cut ...more
Run a meritocracy company! Reward those doing well adding to your profits!
Tell new hires if they do well they'll love the rewards! If they don't do well they won't be happy and will leave.
Then COMMUNICATE WEEKLY AND DEFINE THE TERMS AND HOW PERFORMANCE IS MEASURED AND DELIVER THE RESULTS!
Focus on RESULTS, not processes! However processes should lead to results!
Understanding STRATEGIC COSTS (increase revenue.)
Out spend competitors on strategic costs and cut ...more
Here in Brazil this book is famous due to some declarations of Marcel Telles, a brewery tycoon, recommending it as one of his lifetime best reads.
Reading it was a pleasure.
The book is incredible as a guidebook for entrepreneurs, managers, and salesmen - who isn't the last one?!
I could suggest some ways to improve your experience reading it:
1. If you were a truly good person, start from the last chapters about how to balance your work and personal responsibilities. Although the common sense, wor ...more
Reading it was a pleasure.
The book is incredible as a guidebook for entrepreneurs, managers, and salesmen - who isn't the last one?!
I could suggest some ways to improve your experience reading it:
1. If you were a truly good person, start from the last chapters about how to balance your work and personal responsibilities. Although the common sense, wor ...more
3g In Bev Recommendation
I have been reading everything I can about the 3G group, so I read this book because mr. Teles recommended. It’s interesting to see some of the concepts like Strategic Costs that are used in many of their companies. Other advice it’s hard to digest like the supplier squeezing techniques. It’s worth reading if you want to understand AB InBev, Burger King, Heinz...
I have been reading everything I can about the 3G group, so I read this book because mr. Teles recommended. It’s interesting to see some of the concepts like Strategic Costs that are used in many of their companies. Other advice it’s hard to digest like the supplier squeezing techniques. It’s worth reading if you want to understand AB InBev, Burger King, Heinz...
very clear and direct to the vein, too much in some passages ... I really like the part of how to reward workers and the concepts of how to avoid unnecesary costs. Good reading to form a management philosophy. I do not think that everything should be implemented literally, such as sharing computers ... today, not betting on technology as a means to achieve productivity, I think it would be silly.
Fast reading , very didactic and focused . You can not take all advices literally. Must read book ! If you want to be a focused CEO you have to start acting like one, even in low positions. This will help with good insights .
Inspirational
An absolute must-read for anyone running a business. Conveys plenty of actionable advice. Some of the recommendations might seem a bit over the top, but the underlying philosophy is always true.
An absolute must-read for anyone running a business. Conveys plenty of actionable advice. Some of the recommendations might seem a bit over the top, but the underlying philosophy is always true.
The most straight forward book I've ever read.
Short and to the point. it contains very practical and easy to implement ideas.
Some of the ideas sound very radical but I think it is reasonable.
It is recommended for any business owner ...more
Short and to the point. it contains very practical and easy to implement ideas.
Some of the ideas sound very radical but I think it is reasonable.
It is recommended for any business owner ...more
Interesting book. I enjoyed it. There are some good ideas and some seemingly unusable or extreme ideas. I wrote down those that spoke to me and left the rest behind.
Absolutely Practical..Some methods are a little outdated given today's dynamic environment. But overall a really good book
...more
Pros:
It reads as if Donald Trump wrote it:
1. No difficult words
2. Straight to the point
3. Some good ideas mixed with some terribly myopic ones
Cons:
It reads as if Donald Trump wrote it
It reads as if Donald Trump wrote it:
1. No difficult words
2. Straight to the point
3. Some good ideas mixed with some terribly myopic ones
Cons:
It reads as if Donald Trump wrote it
Best business book I've read
You can read it in an afternoon. Invaluable advice. I took about 100 notes in it. Looking forward to applying this in my work ...more
You can read it in an afternoon. Invaluable advice. I took about 100 notes in it. Looking forward to applying this in my work ...more
Apr 08, 2019
Pedro Zagury
rated it
it was amazing
·
review of another edition
Shelves:
management,
business
Quick and impactful read on management strategies to cut costs and be more profitbale. Valuable lessons for a short book.
A primer on private equity style capitalism.
Stupid book title, but most of the insights and suggestions are very good. Very easy to read and every business person can get something useful out of it.
There are some useful thoughts that apply to all businesses and all people but definitely not "78 ways" to cut the costs and double the profits. "78 advises" would be more appropriate but it sounds less convincing.
I really didn't like the author's attitude towards his suppliers. Yeah, we see it often: treat the seller like shit when you are a buyer, squeeze him for each cent you pay and always do all you can to pay less, tell him you'll find a cheaper one but... sell your services to your buyers ...more
I really didn't like the author's attitude towards his suppliers. Yeah, we see it often: treat the seller like shit when you are a buyer, squeeze him for each cent you pay and always do all you can to pay less, tell him you'll find a cheaper one but... sell your services to your buyers ...more
Aside from the appearance of the book, it's actually a really informative step-by-stop guide on how to eliminate corporate waste (SG&A and marketing expenses) and how to be effective at sales (increase revenue), which ultimately leads to the promise of doubling your profits. It's more of a "profit mindset" that most firms simply don't have. Group all expenses into strategic or non-strategic. The result will likely prove that there are numerous non-strategic expenses hampering your profitability.
...more
Excellent. A refreshing review of the basics.
A well structured read that may make certain leaders uncomfortable. A very clear message.. More execution, both sorts. If you don't have the stomach to do everything, everyone will make a difference. ...more
A well structured read that may make certain leaders uncomfortable. A very clear message.. More execution, both sorts. If you don't have the stomach to do everything, everyone will make a difference. ...more
I cannot find my copy of this book... someone probably swiped it from my shelf. Unreal!!
Aug 30, 2016
Jamie
rated it
really liked it
·
review of another edition
Shelves:
biz-leadership-self-imp
Super easy read that I plan to revisit in the future. It's full of suggestions for cutting costs, boosting revenue and creating the culture for those activities to thrive in.
...more
Great book on the mindset necessary to be excellent at business. I would recommend this book to anybody looking to make a career in business.
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