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Everything I Know About Business I Learned from my Mama: A Down-Home Approach to Business and Personal Success PDF

226 Pages·2007·0.77 MB·English
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Everything I Know About Business I Learned from My Mama A Down-Home Approach to Business and Personal Success TIM KNOX John Wiley & Sons, Inc. Praise for Everything I Know About Business I Learned from My Mama “Not your typical success book by any means. It’s laugh-out-loud funny, full of great stories and outstanding business ideas, and has real heart. This is one I would spend my money on!” —Larry Winget New York Times best-selling author of It’s Called Work for a Reason and star of A&E’s hit reality series, Big Spender “Every now and then I find a book that is so inspiring I immedi- ately start making a list of all the people I know who must have a copy. Everything I Know About Business I Learned from My Mama is one of those books.” —Dan Miller Author, 48 Days to the Work You Love “This book is a great combination: both entertaining and educa- tional. You’ll get some terrific ideas and insights and have so much fun in the process, you might not even realize you’re learning. I rec- ommend it.” —Mark Sanborn Author, The Fred Factor: How Passion in Your Work and Life Can Turn the Ordinary into the Extraordinary “This is one of those rare books that works on every level. Tim Knox is an absolute pleasure to read, his stories are joyfully engag- ing, and there’s a business lesson on every page. I enthusiastically recommend that you get this book immediately and, like me, you won’t put it down until you’ve reached the last page. Hey, Tim, write another one soon!” —Joe Calloway Author, Work Like You’re Showing Off! “Think of this book as Jeff Foxworthy meets Donald Trump. You get all of The Donald’s wisdom dished up in some of the most hi- larious business adventures ever described anywhere. Only Tim would learn a major business lesson from having his daddy try to electrocute him. If it ain’t fun, don’t do it. By that advice, you should read this book—it’s an entrepreneur’s gold mine nestled in a silly foam container.” —Jerry Newman Author, My Secret Life on the McJob Copyright © 2007 by Tim Knox. All rights reserved Published by John Wiley & Sons, Inc., Hoboken, New Jersey Published simultaneously in Canada Wiley Bicentennial Logo: Richard J. Pacifico No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions. Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages. For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 762-2974, outside the United States at (317) 572-3993 or fax (317) 572-4002. Wiley also publishes its books in a variety of electronic formats. Some content that appears in print may not be available in electronic books. For more information about Wiley products, visit our web site at www.wiley.com. L i b r a r y o f C o n g r e s s C a t a l o g i n g - i n - P u b l i c a t i o n D a t a : Knox, Tim, 1960– Everything I know about business I learned from my mama : a down-home approach to business and personal success / Tim Knox. p. cm. ISBN 978-0-470-12756-8 1. Success in business. 2. Success. 3. Industrial management. 4. Entrepreneurship. I. Title. HF5386.K753 2007 650.1—dc22 2006101142 Printed in the United States of America. 10 9 8 7 6 5 4 3 2 1 Contents ■ FOREWORD Dan Miller ix ABOUT THE AUTHOR xiii ACKNOWLEDGMENTS xv IS THIS BOOK REALLY FOR YOU? xxiii ABOUT THIS BOOK xxxi Chapter 1 How the Heck Did I Get Here? 1 Chapter 2 The Day I Took a Beating in the Produce Business 7 Chapter 3 Maybe I Was Just Too Dumb to Know When to Quit 9 Chapter 4 A Quick Word About PMA 17 Chapter 5 How to Figure Out What Success Really Means to You 19 Chapter 6 When Business Stops Being Fun, Get Out of Business 25 Chapter 7 A Tale of Lightbulbs and Red Tape 29 Chapter 8 Maybe I Just Think Too Much 35 Chapter 9 Serial Entrepreneur Doesn’t Mean You Manufacture Breakfast Food 39 Chapter 10 Burning Out Like an Old Muffler 41 Chapter 11 Are You Just Waiting for the Right Opportunity to Come Along? 45 v CONTENTS Chapter 12 Be a Serious Entrepreneur—The World Has Enough Contractors 49 Chapter 13 There Is No Such Thing as a Perfect Entrepreneur 53 Chapter 14 There Are No Dumb Business Questions, Only Dumb Business Question Askers 65 Chapter 15 Start Your Business When Life Tells You To, Never Before 69 Chapter 16 How Important Are Book Smarts and Experience to Business Success? 73 Chapter 17 Are You Ever Too Old to Start Your Own Business? 77 Chapter 18 Look Out Boys, Them Crazy Girls Are Catching Up! 81 Chapter 19 How to Choose the Business That’s Right for You 85 Chapter 20 Just How Big Is Your Really Big Idea? 89 Chapter 21 Learning About Market Research from the Back of a Boat 93 Chapter 22 Perceived Value Is in the Eye of the Beholder 99 Chapter 23 What’s in a Name? When It Comes to Your Business, Plenty 103 Chapter 24 When Signing a Lease, Look for the Words “First Born” 107 Chapter 25 Never Borrow Money from Anyone Who Sits Across from You at Thanksgiving Dinner 115 Chapter 26 Operator Error Is Why Most Businesses Really Fail 119 Chapter 27 Do a CSI on a Failed Business to Discover the Real Cause of Death 125 Chapter 28 Use Roadmapping to Plot Business and Personal Growth 129 Chapter 29 Business Lessons Learned at the Mall 133 vi CONTENTS Chapter 30 Piercings, Tattoos, and Other Important Matters of Business 137 Chapter 31 How to Boost Your Bottom Line with Two Little Words 141 Chapter 32 Most Customer Service People Are Walking Oxy-Morons 145 Chapter 33 You Should Never Stop Caring About What Your Customers Think 149 Chapter 34 Sometimes You Have to Give Customers the Boot 153 Chapter 35 Managing Employees Is a Little Like Herding Cats 157 Chapter 36 If It Were Easy, Everybody Would Do It 165 Chapter 37 Is Brick and Mortar Dead as a Door Nail? 169 Chapter 38 Moving Your Business to the World Wide Web 173 Chapter 39 Can You Really Make Money with an Online Business? 183 Chapter 40 The Last Word (For Now) 187 FOR MORE INFORMATION ON TIM KNOX PRODUCTS AND SERVICES 189 vii “Business is like extreme skiing. The person who wins is the one who screws up the least and doesn’t die.” —Bo Peabody “Don’t worry about people stealing your ideas. If your ideas are any good, you’ll have to ram them down people’s throats.” —Howard Aiken “My son is now an ‘entrepreneur.’ That’s what you’re called when you don’t have a job.” —Ted Turner “And everything is possible; you’ve just got to find a way to make it work.” —Wally Amos

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