The World's Best Book Summaries
What business stages must entrepreneurs understand and navigate? What are the risks of each phase? In The E-Myth Revisited, Michael E. Gerber describes three business stages: infancy, adolescence, and maturity. He explains the characteristics—as well as the risks—of each. Business owners must learn to navigate these phases. Keep reading to learn about the three business stages of E. Gerber.
What are the issues in the debate about the environmental effects of acid rain? What’s the science and what doubts exist? In Merchants of Doubt, historians Naomi Oreskes and Erik Conway discuss how doubt-mongering has affected the debate surrounding the environmental effects of acid rain. It’s a fascinating history of science, economics, and politics. Read more to learn how merchants of doubt impacted the narrative about the environmental effects of acid rain.
What was Donald Trump like behind the scenes and the limelight? Who did he allow into his inner circle? In A Warning, a book about the behind-the-scenes of Donald Trump’s presidency, the anonymous author discusses what it was like to work under Trump’s administration. In Donald Trump’s administration, most Steady Staters and people who were willing to stand up to Trump were gone. What was left were defenders and pleasers. Let’s take a closer look into President Trump’s administration, as described by Anonymous in his 2019 bestseller A Warning.
What is crowdfunding and how does it work? What are the best websites to crowdfund a project or a business venture? Crowdfunding is a way of raising money for a project or a business venture from a large number of people, each contributing a small amount. Typically, crowdfunding is done on the crowdfunding internet platforms such as indiegogo and seedinvesttechnology. So what is crowdfunding and how does it work? Read more about tips and strategies to effectively raise money through crowdfunding and familiarize yourself with different crowdfunding platforms.
Would you say you are a responsible spender? Do you tend to live above, below, or just in line with your means? How can you get better at conscious spending? It’s common to think that being successful means living a lavish lifestyle and not having to think about what you spend money on. Though living the lifestyle you want while investing and growing your wealth is an admirable goal, it’s still important to learn how to consciously spend money. Keep reading for tips on developing a conscious spending mindset.
What are mastermind groups? How can joining a mastermind group help you further yourself on the path to success? Mastermind groups are groups where professionals from different fields discuss business and offer advice in their area of expertise. The concept originated in the 1937 book Think and Grow Rich, by Napoleon Hill. This article covers how to form a mastermind group, how to work with an accountability partner, and how to form a support team.
What can you learn from reading The Undercover Economist? What are the main takeaways from the book? The Undercover Economist by Tim Harford will help you think like an economist without boring you with endless graphs or complex math. You’ll learn why you make the economic decisions that you do and what happens when the basic economic principles that efficiently govern much of the world break down. Below is a brief overview of Tim Harford’s The Undercover Economist.
Should you weigh yourself every day? What should you do if you slip up on your diet or meal plan? According to Dr. Glenn Livingston, the author of Never Binge Again, you should weigh yourself every day while on his eating plan. This allows you to track your progress and to be accountable when you slip back into your binge eating habits. Continue reading to learn why Livingston says to weigh yourself every day and for advice on staying on track.
In what ways was the Airbnb booking process allowing for racial discrimination? What actions did the executives take to fight Airbnb racism? In Biased by Dr. Jennifer Eberhardt, she discusses the issues Airbnb had with racism on their website. Black users had a difficult time booking stays due to rejection and black hosts were forced to lower their prices otherwise guests chose to book with their white counterparts. Learn what steps Airbnb took to fight back against racial discrimination.
Was segregated housing a thing of the past or is it still present today? How can physical spaces be used as tools for bias? Is technology hurting or helping the problem? In her book Biased, Jennifer Eberhardt revealed that although it’s now illegal, de facto segregated housing still persists today. This happens because if a neighborhood is even 30% black, people assume it has high crime rates and low property value and opts not to live in it. Thus, housing segregation still persists. Continue below to read the sad truth about modern segregated housing.