Built to Sell by John Warrillow.
Built to Sell is a most versatile book. Picture a good utility baseball player who can play different positions really well and hits at a batting average clip of .320. There is something in it for company owners, managers and employees.
Built to Sell is a fictional story about ad agency owner Alex Stapleton and his attempt to sell his company. His current business isn't worth a bucket of beans. Family friend Ted Gordon takes Alex under his wings and lays out an eight step process to build the company into a sellable entity. This process causes the company to increase in value and causes Alex to think, do I really want to sell this company now?I wrote a review at The Technician Shop geared towards employees. The bottom line here is that employees would want to work for an owner who is passionate about increasing the value of his business. I also wrote a review for the Service Roundtable (not available to public) to show how John's book can help company owners. Today's note is directed toward managers.
Sarah Buckner is Alex's talented, senior designer. Primarily due to Alex's inability to run an effective company, Sarah is as disengaged as a person can be. Listen to how John describes Sarah after receiving an assignment from Alex:
"She accepted her sentence, donned her sound-canceling earphones to shut out the sorry world she found herself in..."
Sarah* goes on to quit Alex's company. The message for managers is: continue to manager poorly and your top performers will leave.
Check out Ivana Taylor's most excellent review of Built to Sell at Anita Campbell's Small Business Trends site.
The Service Roundtable is an online support engine designed to help contractors run efficient and profitable companies. If you are a contractor I highly recommend joining. All you have to do is sign up for one month and you'll be hooked. My only problem is that their price is so inexpensive, people will equate it to perceived value of less than what it is.Those people would be wrong.
*A quick note about folks like Sarah. In their most excellent book, The Art of Possibility, Roz and Ben Zander say that an employee who looks least engaged may be the most committed member of the group. Instead of speaking to their cynicism, speak to their passion.
