Extended Audio Sample

Billion Dollar Lessons: Learn from the Most Inexcusable Business Failures Audiobook (Unabridged)

Extended Audio Sample Billion Dollar Lessons: Learn from the Most Inexcusable Business Failures (Unabridged), by Paul B. Carroll
3 out of 53 out of 53 out of 53 out of 53 out of 5 3.00 (58 ratings) (rate this audio book) Author: Paul B. Carroll Narrator: Jim Bond Publisher: Brilliance Audio Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
Coming Soon! We're adding audiobooks daily and hope to make this one available for download very soon. Submit your vote below to let us know you really crave this title!
Vote this up! This audiobook has 0 votes

In the 1960s, IBM CEO Tom Watson called an executive into his office after his venture lost $10 million. The man assumed he was being fired. Watson told him, Fired? Hell, I spent $10 million educating you. I just want to be sure you learned the right lessons.

In Billion Dollar Lessons, Paul Carroll and Chunka Mui draw on research into more than 750 business failures to reveal the misguided tactics that mire companies over and over. There are thousands of books about successful companies, but virtually none about the lessons to be learned from those that crash and burn.

  • Lesson One: The cold hard facts are that between 1981 and 2006, 423 major companies with combined assets totaling $1.5 trillion filed for bankruptcy.
  • Lesson Two: The number-one cause of failure was misguided strategy - not sloppy execution, poor leadership, or bad luck. These strategic errors include pursuing nonexistent synergies; moving into an adjacent market that isn't really adjacent and buying more problems than efficiencies through misguided consolidation.

    Billion Dollar Lessons provides proven methods that managers, boards, and even investors can adopt to avoid making the same mistakes. It draws on vivid examples to help you thoroughly assess potentially disastrous strategies before they bring your company down.

    Think of Billion Dollar Lessons as the flip side of Good to Great, but just as eye opening and essential as that business classic. Billion Dollar Lessons will keep you from going from good to gone. Download and start listening now!

  • BK_BRLL_000702

    Listener Reviews

    • 3 out of 53 out of 53 out of 53 out of 53 out of 5 Review by Lynn | 10/23/2013

      " I only read it because it covered the Iridium story (which I played a bit part in). The rest of the stories were interesting, but the Iridium chapter disappointed. There was SO much more stupidity! "

    • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Review by Phil Simon | 8/30/2013

      " Amazing book. Makes the business failures in my first book look like mere pittances. Not merely statistics; great stories and quotes from people involved in massive failures such as Motorola's Iridium. "

    • 2 out of 52 out of 52 out of 52 out of 52 out of 5 Review by Phil Newman | 8/21/2011

      " Eh, interesting topic and stories. Sadly repetitive. The book is interesting but not engaging. I gave up after 4 chapters. "

    • 2 out of 52 out of 52 out of 52 out of 52 out of 5 Review by Scott | 11/1/2010

      " Some interesting case studies...but nothing remarkable. "

    • > Show All
    Write a Review
    What is FlexPass?
    • Your first audiobook is just $3.95
    • Over 90% are at or below $12.95
    • "LOVE IT" guarantee
    • No time limits or expirations