Billion Dollar Lessons
What You Can Learn from the Most Inexcusable Business Failures of the Last 25 Years
Recommended by Ryan Holiday, and 1 others. See all reviewsRanked #42 in Private Equity
Most executives shudder at the word “failure” and try to avoid thinking about it. No wonder there are thousands of books about successful companies but virtually none about the lessons to be learned from those that crash and burn.
Paul Carroll and Chunka Mui think there’s enormous value in learning from companies that lost millions (if not billions) in pursuit of strategies that led to spectacular flameouts. Everyone makes mistakes, but why make the same mistakes over and over?
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Reviews and Recommendations
We've comprehensively compiled reviews of Billion Dollar Lessons from the world's leading experts.
Ryan Holiday AuthorI am putting this book on here as a cautionary tale for all the supposed business strategists out there. Because it turns out that most (if not all) genius business strategies are totally misguided and lead to catastrophic failure. Your planned merger, roll up, pivot–it’s probably got glaring strategic flaws in it. Why? Because you’re too caught up in your own vision to see what can go wrong, to see where you’ve been overly optimistic, to accept how little you control. Pairing this book with some of the books on war is a good idea. It will humble you and keep you conservative–which all good... (Source)
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