Think Red Flags: A Proactive and Profitable Approach for Your Small Business

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Think Red Flags: A Proactive and Profitable Approach for Your Small Business image
ISBN-10:

1736473301

ISBN-13:

9781736473306

Author(s): HILL, Walter
Released: Jun 18, 2021
Publisher: Icon Blue, Inc.
Format: Hardcover, 212 pages
Related ISBN: 9781736473313

Description:

Product Description Think Red Flags is a book that offers a simple but new proactive approach to achieve a profitable small business.Owning your own business is one of the great opportunities that we enjoy in the United States. To develop a winning business strategy for your current or startup business you should start with the right mindset to achieve your goal. Why?The Small Business Administration (SBA) released a good news, bad news report you should know about. The bad news is 20% of new businesses fail within the first two years and 45% fail within the first five years. These business statistics should not make you afraid to forge ahead, but instead, to do so with the understanding that success is intentional, it doesn't just happen. The good news is 55% of successful new businesses are achieved within the first five-year period. Knowing this, you might ask yourself, "How can I increase the odds to my favor and join the 55% winning group?" Think Red Flags was written to help you get there. Whether you are starting a company or currently operating one, learning to Think Red Flags will help you develop the mindset to ultimately: . Analyze and validate your business plan. . Manage complex projects without costly errors. . Establish a safety net. . Create a low error rate business performance. . Increase longevity and profit.How can an entrepreneur learn to anticipate potential problems and avoid them before they happen? In Think Red Flags I wrote about the 3 ways people learn; Reading/Education, Personal Experience, and Other People's Experience. Reading and Other People's Experience are the most effective approach to executing your business idea. Personal Experience is also important, but, if you have to experience everything to gain knowledge, you will likely be very senior before you have the wisdom to succeed.Think Red Flags has only one purpose, to provide you with a way of thinking that will become your greatest business asset. Once you learn the process, you can apply it to both your business and personal life. Happy Red Flagging! Review "This book is a must read for all starting entrep! Not only is it filled with great advice and techniques, but it is enjoyable and easy to understand." - Deb Russ"Most entrepreneurs and small business owners do what they do because their is a passion for making a difference. They are so focused on what makes them feel good about the business that they miss the "red flags". In this book Walter Hill encourages business owners to catch potential problems in the early stage before they become a bigger challenger or a crisis.The book also had the added bonus of including a workbook that helps put the Red Flag approach into action.I would highly recommend this book no matter what stage your business is in." - Linda B."I consider this book a financial investment, as the knowledge I gained will save me from committing costly errors in my business.The greatest thing about this book is that it teaches a way of thinking. It explains how to think about a every situation and difficulty that arises, so that I can handle them with the most efficiency. Because Think Red Flags is a mindset, it's principles are are more applicable to life and business than almost every other business book I've read.Also, the author Walter Hill, Jr is an exceptional entrepreneur himself, and I find its best to learn from teachers who have actually succeeded in what their teaching." - JGK"Finally a business book that has principles I can actually apply!! It's not like I'm running GE! Mr. Hill gives advice like a wise uncle. I can tell from the tone of the book he really wants small businesses like mine to succeed. I'll be applying the principals I learned to my design/e-commerce business. Great book for young entrepreneurs. Highly recommended read!" - Cali Colibri"This is one of those books that bummed me out as soon as I started reading it because I wish I had it sooner. Mr. Hill's venture filled exp

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