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The Big Enough Company: Creating a Business That Works for You PDF

319 Pages·2011·1.19 MB·English
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Table of Contents Title Page Copyright Page Dedication Introduction PART ONE - THE BIG QUESTIONS: Chapter 1 - What’s In It for You? Chapter 2 - What Will Your Business Be Known For? Chapter 3 - What Do You Do Best? Chapter 4 - Where Do You Go from Here? PART TWO - THE CRITICAL SKILLS: Chapter 5 - Progress Makes Perfect Chapter 6 - Perfection Is a Trap Chapter 7 - Enough Is Enough Chapter 8 - Don’t Go It Alone POSTSCRIPT IN GOOD COMPANY: ADVICE FROM ENTREPRENEURS INCLUDED IN THE BIG ENOUGH COMPANY Acknowledgements ABOUT IN GOOD COMPANY INDEX PORTFOLIO / PENGUIN Published by the Penguin Group Penguin Group (USA) Inc., 375 Hudson Street, New York, New York 10014, U.S.A. Penguin Group (Canada), 90 Eglinton Avenue East, Suite 700, Toronto, Ontario, Canada M4P 2Y3 (a division of Pearson Penguin Canada Inc.) Penguin Books Ltd, 80 Strand, London WC2R 0RL, England Penguin Ireland, 25 St. Stephen’s Green, Dublin 2, Ireland (a division of Penguin Books Ltd) Penguin Books Australia Ltd, 250 Camberwell Road, Camberwell, Victoria 3124, Australia (a division of Pearson Australia Group Pty Ltd) Penguin Books India Pvt Ltd, 11 Community Centre, Panchsheel Park, New Delhi–110 017, India Penguin Group (NZ), 67 Apollo Drive, Rosedale, Auckland 0632, New Zealand (a division of Pearson New Zealand Ltd) Penguin Books (South Africa) (Pty) Ltd, 24 Sturdee Avenue, Rosebank, Johannesburg 2196, South Africa Penguin Books Ltd, Registered Offices: 80 Strand, London WC2R 0RL, England First published in 2011 by Portfolio / Penguin, a member of Penguin Group (USA) Inc. Copyright © Adelaide Lancaster and Amy Abrams, 2011 All rights reserved LIBRARY OF CONGRESS CATALOGING IN PUBLICATION DATA Lancaster, Adelaide. The big enough company : creating a business that works for you / by Adelaide Lancaster and Amy Abrams. p. cm. Includes index. ISBN : 978-1-101-54429-7 1. Small business. 2. Business enterprises. 3. Businesspeople—Case studies. I. Abrams, Amy. II. Title. HD2341.L265 2011 658.1’1—dc22 2011013124 Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise), without the prior written permission of both the copyright owner and the above publisher of this book. The scanning, uploading, and distribution of this book via the Internet or via any other means without the permission of the publisher is illegal and punishable by law. Please purchase only authorized electronic editions and do not participate in or encourage electronic piracy of copyrightable materials. Your support of the author’s rights is appreciated. http://us.penguingroup.com For Ruby, Noa, and Eloise For KLR This all started with an e-mail from you. We are forever indebted. INTRODUCTION The Promise of Entrepreneurship They didn’t start out unhappy. They started out eager, excited, ready for a challenge, and hungering for meaning. Looking for freedom, autonomy, and a sense of accomplishment, they had decided to start their own business and were determined that their company would provide them the satisfaction no other job could. But somehow they lost their way. Maybe they had compromised on what they wanted, or maybe what they wanted had changed. In any event, their businesses no longer met their needs and they were stuck with jobs they didn’t enjoy. They came to us looking for advice. There were those who had settled for a business that worked well enough: the consultant who had grown weary of consulting but kept doing it because that’s how she made money; the counselor who had perfected her craft and was making a decent living but still found herself asking, “Is this all?” And there were others who had pursued growth for growth’s sake: the recruiter who hired staff, only to learn she hated managing people; the jewelry designer whose collection grew stagnant because she was too busy handling wholesale clients to actually design new pieces. These entrepreneurs aren’t unusual. In fact, their stories are all too familiar, their fates all too common. In nearly ten years of working with entrepreneurs through our business In Good Company, we’ve heard countless stories and lamentations like these. And that’s what concerns us. All of these entrepreneurs started their companies because they thought it would give them freedom— freedom to work on their own terms, be their own boss, and create a company that met their needs. But in the end the opposite happened, and they ended up encumbered by businesses that bore little to no resemblance to those they had envisioned. They were working for their companies, but their companies weren’t working for them. Chances are, if you run a small business, you’ve felt the same way at one point or another. But that doesn’t mean the game is over. The beauty of entrepreneurship is that no matter how off course you may feel, your future and fate are in your hands. Even the best of us can get stuck from time to time. We just need a little help to get going in the right direction again. And that’s what

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All entrepreneurs start their companies because they think it will give them freedom-freedom to work on their own terms, be their own bosses, and create a company that meets their needs. But so often the opposite happens, and they end up encumbered by businesses that bear little to no resemblance to
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