The guide to making money the Warren Buffett way
Every great business—whether it's a popular pizza restaurant or a baby
formula maker—is built on the same core fundamentals. Warren Buffett
figured out this universal business truth at an early age, and used it
to turn an initial investment of $105,000 into a massive $40 billion
fortune. Taking a long, hard look at Buffett's investment choices,
business and investing guru Adam Brownlee’s new book Building a Small
Business that Warren Buffett Would Love (Wiley; Hardcover and eBook;
March 2012; $24.95; 978-1-1181-3888-5) takes this sound investment
methodology and adapts it for small business owners looking to build,
grow, or improve their own businesses.
Highlighting the essentials that make Berkshire Hathaway's impressive
portfolio of businesses great, from their strong earnings track records
to their ability to successfully raise prices to match inflation, the
book presents a road map for transforming a business using the same
simple values that define these economic powerhouses.
“The core of a strong business is not a mystery, nor is it a complicated
mess. It is found in the wisdom of Warren Buffet, which is a virtual
blueprint to create superior business results and build a powerful small
business engine,” says Brownlee. “If you follow this blueprint, digest
its meaning, and learn its intricacies, you can build an economically
superior small business, one that Warren Buffet would love.”
Designed to help entrepreneurs build fundamentally sound, small
businesses using Warren Buffett's business investment perspective, the
book is packed with essential information for start-ups and existing
small businesses looking to take things to the next level, such as:
The details of the Buffett investment criteria: a consumer monopoly,
strong earnings, low long term debt, high ROE with the ability to
reinvest earnings - and how it applies to start-ups and small businesses
How to pick the right business by looking at such factors as long term
debt, margins, return on equity, etc.
The thrill and opportunity of pursuing a passion through small business
and the difficulties faced by start-up and existing business owners
Examples from Buffett company investments including Fruit of the Loom,
Geico, Coke and more in order to demonstrate the sound logic and
plain-to-see success of Buffett's way of doing business
Humorous and accessible, Building a Small Business that Warren Buffett
Would Love presents a succinct, logical, and straightforward guide to
financial success and offer a solution for people wanting to start a
business to provide additional income in today's uncertain economy.
“The material itself can lead to employment through entrepreneurship for
the reader, but it can also lead to the additional job creation with the
small business start” adds Brownlee. “Additionally, I encourage
unemployed folks with limited options to start a business doing
something they love part-time and to pick up the rest of the hours
through a part time job. This should result in work with a purpose and a
paycheck. With this message I hope to make a significant dent in the
unemployment rate and improve the economy.”
For each purchase, Brownlee will give away a book or eBook to an
entrepreneur or a person searching for work.
For addition information about the book, please visit http://www.onemillionjobsnow.com/index.html
