Double Your Profits: In Six Months or Less
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....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
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
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
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Some ideas are out of date in today's ...more
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
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
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
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...
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
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
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