Economics Books
Related Subjects: Organizations Money
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A Quick EducationReview Date: 2008-06-11
Considering Franchising - This is a must read !!!Review Date: 2008-06-08
A Must Read for Anyone Interested in Franchising!Review Date: 2008-04-17
Good choiceReview Date: 2007-11-06
Waste of Money -- Suspicious of Other ReviewsReview Date: 2008-05-11

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Streetwise is a bounty of informationReview Date: 2005-09-25
IndispensibleReview Date: 2001-02-26
Still good as goldReview Date: 2003-08-28
Excellent Treatise on E-marketing!!Review Date: 2001-12-26
I absolutely love this book and strongly suggest you pick it up. ...Isn't it worth it to gain some powerful, usable and workable strategies that will make you 1000 times the investment?! It's a no-brainer!
Kevin Hogan...
The Book is not as great as the review says...Review Date: 2001-06-15

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I am just blown away at the thoroughness, quality of process and thought that has gone into this bookReview Date: 2008-03-16
I am always looking for what I think is the best sales book to recommend. This is the book for B2B sales this year. A very high sales performer, Bill Stinnett has really hit the mark with this book. If you coupled the strategies and methods of Stinnett with the strategies and tactics used by Bill Freese, (Question Based Selling) you could build the ultimate sales machine in your company. I am just blown away at the thoroughness, quality of process and thought that has gone into this book. When I asked Bill for a review copy he arranged to call me to find out where I was coming from and what I did with the reviews. This gentleman dots the i's and crosses the t's.
Buy it, read it, and keep it on your read often, do not lend bookshelf. Of course if you are content with the status quo, this book will only make you realize how much more there is out there. I am really pumped by Stinnett!
An Invaluable ResourceReview Date: 2007-03-11
Stinnett is an apostle of the "diagnostic approach" to selling, in which the seller undertakes a process of discovery to identify what results the customer is trying to achieve. The focus is always on the customer--his motive, the urgency of reaching the objective, the consequences of doing nothing and remaining where he is, the expected payback from attaining the objective, the resources the customer has available to devote to the effort, and the risks he will face in moving in a new direction. These "Action Drivers," Stinnett explains, govern and control just about every buying decision. If a sale falls through, chances are that one of these "Action Drivers" was missing.
In the first half of the "Think Like Your Customer," Stinnett analyzes how buyers evaluate their options and assess risk. Weeks after reading the book, I still open it up and turn to the chart on page 49, where Stinnett lists the eight major types of value your customer may be attempting to derive from a relationship with you and your company. They are:
Economic Value (increasing revenue, reducing costs, better utilization of assets)
Emotional Value (need for recognition and security)
Simplicity Value (making the easy choice and reducing headaches)
Relational Value (repaying loyalty and commitment; avoiding potential conflict)
Political and Image Value (looking good to others)
Guidance or Advice Value (access to expert advice)
Quality Value (reducing product defects; better service)
Time Value (shorten time to market; free up time for other things)
Stinnett points out for each of these denominations of value, there is a corresponding denomination of risk. Since value and risk are two sides of the same coin, a seller can increase the perceived value of his offering--and overcome prospects' perennial objections about price, by focusing carefully on the customer's concerns and reducing risk in the areas of value that are important to that particular customer.
In the second half of the book, Stinnett dissects the anatomy of the customer's buying process. Instead of focusing our attention on how we sell, Stinnett says we should concentrate on how the customer buys and--more importantly--what affirmative steps we can take to help the buyer move through each stage of the buying process that the buyer needs to traverse in order to buy from us.
Nothing in "Think Like Your Customer" is startlingly new; rather, Stinnett teaches how we can turn our thinking inside out and look at a transaction from the perspective of the buyer.
This book is well organized and highly readable; the reasoning is persuasive, and the advice is immensely practical. Immediately after reading "Think Like Your Customer," I began to conduct conversations with my clients using the tools and skills Stinnett provides. The difference in the quality of the communication was nothing short of amazing. Buy this book and profit from its wisdom!
Valuable tools to use right awayReview Date: 2006-04-02
The chapter on what customers really want is worth far more than the price of the book. It identifies the factors that must exist for a customer to buy from us. And it teaches how to weave key questions about these factors into our informal conversation with the customer.
Another example: The book teaches how to learn what specific results a customer really wants and how to tie that to our product or service. The specific "result" a customer wants may differ greatly from the generic benefits we assume our product or service's features provide.
I've found that using Stinnett's tools to focus even more on how the customer thinks increases sales and the number of satisfied customers.
How to understand the high-probability customer's purchase process Review Date: 2007-01-31
Bill Stinnett concludes the Introduction to this book with a remarkable statement: "Now let me be clear: I don't take credit for any of these truths [culled from a variety of other sources]. I didn't make them up. They have been there all along, waiting to be observed. My life's work has been to recognize them and organize them in an effort to advance my own career and yours." Stinnett refers to popular sales methodologies which include Strategic SellingĀ®, Solution SellingĀ®, and SPIN SellingĀ®. Whatever the given methodology, its ultimate outcome is an increase in revenue which, Stinnett duly acknowledges, can be accomplished in three ways: maximizing sales velocity, increasing average "deal size" or the "wallet" share, and increasing customer loyalty and satisfaction.
Throughout Stinnett's narrative, his emphasis is on presenting and then explaining "a winning strategy" (actually an aggregate of several strategies) to increase his reader's understanding of how and why customers buy. The chapter titles for Part 1, "Why Customers Buy," correctly indicate how practical his approach is: What Customers Think About, What Customers Really Want, How Customers Perceive Value and Risk, The Cause and Effect of Business Value, and The Value of Customer Relationships. It should be noted that, along the way, Stinnett also offers excellent advice with regard to all manner of "how not to's" and "why nots" when formulating and then implementing what should be a cohesive, comprehensive, and cost-effective game plan to increase revenue.
To me, some of the most valuable material in the book is presented in Chapter 8 as Stinnett explains how to reverse-engineer the buying process. That is, in Stephen Covey's words, "begin with the end in mind." This is a process by which to identify what must happen before a given customer is ready to buy. Previously in Chapter 2, Stinnett introduced what he calls his "Customer Results Model" which involves a process that begins with fully understanding the prospective buyer's current situation. I agree with Stinnett that there is no inherent value (as perceived by customers) in the solution offered by a given product or service unless it will achieve the prospective buyer's desired outcomes or results. As the former CEO of Home Depot once observed, people don't buy a quarter-inch drill; they buy quarter-inch holes. In this context, the quarter-inch drill fills a gap between a current, often an urgent need and filling it.
One of this book's several reader-friendly devices is the isolation of key points presented in bold face. This facilitates and accelerates frequent review of those points later. For example:
"It's a lot easier to sell somebody something if it's positioned as a way to help them achieve a goal or an objective that they already want to achieve." (Page 15)
" Far more critical than what is valuable and important to your customer is why it is valuable and important to them." (Page 65)
"A deep, meaningful, high-trust relationship with a client who has no business disparity [i.e. compelling need], no motive to take action, or no means to take action even if they did have a motive, equals no sale. It's just a relationship." (Page 105)
"It's not what we do in our sales process, but what the customer does in their buying process, that really matters." (Page 135)
"We should spend 80 percent of our time and effort on the 20 percent of our opportunities that carry a strong urgency, motive, and consequence, because these are the deals that can close." (Page 179)
None of Stinnett's key points is a head-snappy revelation, nor does he make that claim. However, all of them - preferably reviewed in the sequence in which they are presented - offer valuable reminders of where the proper focus and emphasis should be during a high-probability customer's purchase process.
There are dozens of excellent books on the art and science of sales, and this is one of the best.
Well-done!
Pack the sales punchesReview Date: 2005-12-19
If you are a career saleperson then this one is definitely for you.

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Insightful!Review Date: 2004-12-22
Everyday Leadership for ManagersReview Date: 2004-01-01
Teaches well how to think about credibility and improveReview Date: 2005-03-13
The biggest thing I didn't like is that it uses the "motherhood and apple pie" approach to convincing you of the value of most dimensions. There's sort of an implicit assumption that everything the book says sounds good, and therefore you must do it, resulting in... profit? If they'd not only pointed out studies that showed how many people were bad at certain things but were also more consistent in showing how each of their dimensions contribute to productivity of staff, profitability of the company, or some other company-specific metric, it would've been nice. I'm not saying that I necessarily disagree with them; rather that I don't like seeing people espouse behavior changes just because they "feel right."
Additionally, it's pretty clear they run a high-level executive consulting business. At times, it seemed too CEO / senior-VP focused, with the assumption that not only do you have reports, but that your reports have tiers of reports. Finally, the number of times that they mention the specific services they provided and specific role they played made it feel less like a self-help book and more like an advertisement for them.
Still, a good book and to be recommended, but I'd take it with a grain of salt at times. It triggered a little bit of cynicism more than once, though I'm sure that they'd be willing to work with me on that :-)
Hats off to these authorsReview Date: 2003-12-17
Evonne Weinhaus,
Co-author of Stop Struggling With Your Teen
& Stop Struggling With Your Child
Finally - Permission to be lead from the heart!Review Date: 2004-01-09
With the huge generation of baby boomers all entering the business scene at the same time, I think a lot of us have felt tremendous pressure to conform to what seemed some pretty harsh norms. Being professional and getting ahead was all about being efficient - not taking the time to explain what was going on; being strong, which means never appearing vulnerable; being tough - which means focusing solely on the more easily quantified sales and profit implications of a decision, and shutting out the human factors.
I work in the communications/consulting business and, at every company I've worked for, senior management would get up every year at the annual meeting and say something like - "What sets us apart and gives us our competitive advantage is how we care about our people," and "The most valuable asset in this company goes home every evening." And everyone would just look at each other and roll their eyes, because nobody believed them!
If they cared so much, why didn't they tell us candidly the reasons behind some of their apparently uninformed and careless decisions? Even bad news would be better than all the confusion and speculation in the ranks when no-one knew what was going on. Why did they do all this management training, yet still knowingly tolerate bosses who brutalized their subordinates? Why did they ask for our suggestions - and even ask us to put extra time in volunteering for various corporate task forces - only to break their implied promise of change by ignoring everything we came up, and proceeding with business as usual?
As I moved up into management myself, I understood better what some of the pressures are that push the people in charge into some of these behaviors, and there were times when I found it hard to reconcile my own choices. I saw it as having to make a trade-off between what I thought was the right thing to do (i.e., my responsibility to my personal values), and doing the right thing for the company (i.e, my responsibility as a professional).
What The Transparency Edge does is show beyond a doubt that standing true to your values makes good business sense. Yes, it's harder to do sometimes, and yes, sometimes the benefits are long-term rather than immediate. But leaders have a responsibility to the long-term welfare of the company, which includes maintaining their own and their company's reputation, as well as creating the motivation for people to follow their leadership. Both of those goals are impossible to achieve without personal credibility. And personal credibility is built through conscientiously respecting the nine principles in this book.
Pagano demonstrates that, without question, the reason to behave transparently is not only because it's right, but because it's smart. What a breath of fresh air - it's about time!

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Great Book!!Review Date: 2008-01-20
NEVER TOO RICHReview Date: 2007-11-27
A Very Easy Read.....Review Date: 2007-11-28
Investment concepts explained so I understand themReview Date: 2007-11-23
Great Read. Al S. Laguna Beach Ca.
Solid ReadingReview Date: 2007-11-20

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Treat Your Career With The Respect You Would Any Other ProjectReview Date: 2008-04-10
Amy Mosher
Director Of Sales Operations at PivotLink and owner of Sales Operations Solutions
Excellent guidebook for everyone!Review Date: 2007-08-26
Fantastic Career AdviceReview Date: 2007-08-26
Owning Your CareerReview Date: 2008-06-30
The results have been fantastic, and immediate!Review Date: 2007-06-20

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Gave me motivationReview Date: 2007-02-02
Kahle's Time Management BookReview Date: 2007-01-10
Better than expected - Fully recommendReview Date: 2006-04-19
"You can choose not to do this. You can be like most of the mediocre salespeople in the world. You can allow yourself to become reactive... or you can choose to work far more effetively by implementing the disciplines of thinking about it before you do it, and thinking about it in the right way. It's a free country. It's your choice."
I am very glad I bought the book and will use it as a reference for motivating my team on a regular basis.
Helpful tool for a Sales ManagerReview Date: 2004-08-01
A Good Read!Review Date: 2004-06-11

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Very UsefulReview Date: 2007-12-28
This book provides very useful information for someone like me. Reminds me that in addition to the "art" aspect, photography is also a business that must be self sustained in order to support me...
Very well written, and inspirational in its own unique way.
You need this book!Review Date: 2008-03-23
Just Buy ItReview Date: 2007-11-16
A must for professional photographersReview Date: 2008-04-07
I have applied all his techniques and can promise it increased my income! I learned to price on usage and value.
Highly recommended to professional photographers and starting out photographers that would like to learn the business side of photography.
Jason
www.wallisphoto.com
No Stone UnturnedReview Date: 2008-01-04
- Tactical decision making and serving the overall strategy
- Importance of proper equipment
- Being prepared for the unexpected
- Working with employees, contractors, interns, and apprentices
- Pricing and licensing your work to stay in business
- A real cost-of-doing-business approach with a photography-tailored CODB calculator
- Proper bookkeeping and accounting
- All types of insurance needed, and the importance of a COI (certificate of insurance)
- Everything about legal issues including copyright registration, infringements, and contract breaches
- All types of contracts and negotiations with real-life examples, and when to say "no"
- Why you need an accountant and an attorney, and what to ask them
- Great methods for dealing with slow and non-paying clients
- The power of email and professional writing along with the use of proper signatures
- Great advice on proper storage archiving, redundancy, security, and the importance of backing up both onsite and offsite in this new digital age
John also offers ample recommended reading at the end of each chapter, and sites excellent references from other sources throughout the book. There's no question John has been around the block multiple times in this industry. Some of the stories he tells are invaluable lessons and give real insights into the rapport of the business. The book is also up to date with discussions on the new and various methods of tapping into that extra stock revenue using the latest stock portals such as Digital Railroad and PhotoShelter. Through all of this, John does not lose sight of the importance of the human aspect, covering everything from the proper care and feeding of your clients to ongoing education, networking, charity, and giving back. And in case you are wondering, he explains how it is possible to do what you love and still have time for your loved ones.
In summary, a fantastic book, and one that will have a lasting impact on both your business and your personal life. Thanks John for paying it forward.

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A must-read for business and interpersonal successReview Date: 2006-09-17
The Big AhaReview Date: 2006-05-02
The BIG AHAReview Date: 2006-05-02
AHA, a PRACTICAL guide to Workplace ConflictReview Date: 2006-05-01
The Big "Thank You"Review Date: 2006-05-01


Brought Back MemoriesReview Date: 2000-04-06
Format is great: direct and conciseReview Date: 2000-02-24
I bought your book.Review Date: 2000-01-27
The book jumped out at me.Review Date: 2000-03-28
An empty readReview Date: 2000-04-11
Related Subjects: Organizations Money
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