The definitive guide for setting up and managing the financial aspects of a startup--updated with critical information for succeeding in today's business landscape
The new edition of "Entrepreneurial Finance" covers all the major topics in previous editions--from writing a growth business plan and compiling and understanding financial statements to making a company profitable, valuing a company, and raising additional venture capital--but it also details new, proven methods for: Raising capital via crowdsourcing Avoiding the new tech bubble and over-valuation of digital companies Implementing a lean start-up entrepreneurship model and understanding why it's so financially beneficial
Steven Rogers is a Senior Lecturer of Business Administration at Harvard Business University. He was previously the Gordon and Llura Gund Family Distinguished Professor of Entrepreneurship at Kellogg.
This is one of the most important books I have read on entrepreneurship recently.
Six years after my MBA, and practical entrepreneurial activity, the book was able to present the type of challenges I have undergone. I could relate to a lot of the situations where an advise from this book would have given me an upper hand advantage.
The book is simple, straightforward, and relevant to any business owner. I can go back to it to review financial business concepts and build on the simple forms it was presented in into something more complex and relevant.
I strongly recommend this book. And although it is finance, the simplicity it has been written with made it an enjoyable read even before bed.
Fundamentals (e.g. Financial Statements) haven’t changed much since 2009. But reading this also reveals how much business has changed since then.
If you’re starting a remote-first SaaS metaverse company that plans to finance itself with a combination of accelerators, crowdfunding, and ICOs, then this book won’t help too much.
Honestly, it’s a bit scary how fast the world is moving. How long will it be until Goldman Sachs becomes Blockbuster and “Entrepreneurship” is the name of a AI software program?
Expect change. Stay grounded. Meditate. Stockpile surface-to-air Anti-Drone artillery. Study speleological subsistence agronomy. Etc.
This book was and is dog water. It was dollar tree headset level when it comes to teaching and preparing someone for entrepreneurship. There are no actionable items. There are no steps for you to take on how to prepare yourself. Simple concepts are explained in a completely unnecessary over-complicated way. I hate this book. Don’t waste your time.
This Book provides a nice overview of all Financial issues and obstacles on different stages of the start-up company, which can be faced by entrepreneurs.