Double Your Profits has ratings and 31 reviews. Stuart said: So, I read this book not because I was interested in doubling my profits, but because I. One of the nations’ foremost financial consultants shares 78 proven ways to cut costs dramatically, send productivity through the roof, and, in just six mont. Author: Bob Fifer The title of this book might seem a bit exaggerated. Doubling your profits isn’t rocket science; it is simply a matter of resolve.
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One of the nations’ foremost financial consultants shares 78 proven ways to cut costs dramatically, send productivity through the roof, and, in just six months, double profits.
Every chapter is a mini-refresher course on controlling costs, satisfying customers, motivating people, improving profits and building pride. Best book my wife ever gave me. Best common sense business book I’ve fufer read.
Double Your Profits: In Six Months or Less – Bob Fifer – Google Books
It’s a book that needs to be read periodically by any business owner and their associaties. I made Double Your Profits required reading for all the up and coming assistants I trained. We increased our sales and nearly tripled our profits in one year! Fifer doesn’t hold back anything. His sage advice rolls off of every page. If it’s time for you to get a wake-up call about your business, this could be the bell.
This peerless profit-boosting guide presents seventy-eight key insights that are notable for their aggressive approach and contrarian perspective. Top consultant Bob Fifer shows how to turn the tables on hardball-playing suppliers and competitors. He also challenges outmoded assumptions and explains why arbitrary budgets are sometimes the best budgets; computers often hinder more than help; bosses are frequently underpaid; customers can often be persuaded to pay more; and suppliers can often be persuaded to charge less.
By following Bob Fifer’s advice, you’ll be able to cut costs to the bone, send productivity through the roof, and double your profits in the space of only six months. Would you like to tell us about a lower price? If you are a seller for this product, would you like to suggest updates through seller support?
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Double Your Profits: In Six Months or Less
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Learn more about Kindle MatchBook. Start reading Double Your Profits: In Six Months or Less on your Kindle in under a minute. Don’t have a Kindle? Try the Kindle edition and experience these great reading features: Share your thoughts with other customers. Write a customer review. Read reviews that mention bottom line quick read burger king double your profits great book easy to read cutting costs bob fifer common sense used by many highly recommended must read read this book every business business owner many of the people small business excellent book book should be required read business book.
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Please try again later. Burger King now has a corporate management turnover rate similar to the turnover rate of low wage workers at its fastfood restaurants; this can’t be good for long term growth or attracting employees who have mortgages to pay. This book is considered 3G’s bible when operating an acquired company, so I figured I had to read the book.
The book focuses bov cutting costs by any means necessary. The book would be most useful for large corporations that have gotten bloated.
At Heinz 3G fired 14 of the 15 executives with full vesting of retirement plans. Cutting luxuries like corporate jets and helicopters make sense. This book also declares war on the company’s own employees as necessary evils that need to be cut. Some of the advice is good, but some of it is sleazy and could create long term harm to a business. Make sure the letter is from someone high up and intimidating Are you trying to get me fired?
Step 37 Accounts Payable “Never pay a bill until the supplier asks for it at least twice. A few suppliers will take as much as two years before they finally get around to asking for their money. How does a company value such contributions?
This book was written almost 20 years ago. A few parts of the author’s advice may appear to be dated, but there is enough content to recommend the book. The author distills his advice into 78 steps taking up less than pages.
It is a quick read. In today’s highly competitive business environment, it is important to instill a culture of cost consciousness.
In the author’s opinion every cost is up for grabs and needs to be justified. There is waste in any organization such as too many layers of management, the amount of time spent in meetings, spending on offsite meetings, and duble reports. However when it comes marketing, the author recommends outspending the competition in both good and bad times. Some parts of the book will likely make readers uncomfortable including the lack of concern for many of the people who make up a company’s workforce and certain suggestions for extracting concessions from suppliers.
In the latter case some people will question the ethics of his approach. It is a no nonsense book about improving the ;rofits line.
There is no doubt a company can improve the bottom line following the author’s advice especially in the first few years. I would be interested in case studies of some of the author’s client companies. What has been the longer term impact on their corporate culture, employee turnover and relations with suppliers? How bon their top line and bottom line growth fared over time?
In reading this book I had to work to separate the message from the messenger. I was turned off a bit by the author’s tone. It is interesting that the author left Kaiser Associates, Inc. I did some research and found fier interesting quote from a May 28, interview with U. News and World Report.
The company did very, very well, but we hit a wall. If I knew then what I know now, I would still be there, and the company would be 20 times larger. I would come into the office and, by force of my person and bravado, try to move the company by myself. It worked until we had eight offices on five continents. If I had had more humility and been more principled in how I treated other people, I would have built an organization with depth.
No CEO is good at everything, but when people perceive you are selfish and greedy, the holes remain exposed and don’t get closed.
When you have a strong character, people rally behind you in a way that plugs those holes. Bob Fifer is a well known management consultant who has written a how-to succeed in business book in the right way. He has 78 short chapters, all of which apply as well today as they did when he wrote this in the ‘s.
Each chapter has an example, either from Bob’s business or one of his highly regarded clients. Fifer makes it clear at the start that this is a book for those who are willing and able to focus on profits.
If morale, feeling good about your contributions, writing 3 page mission statements is your thing, you are you not ready for these lessons. A few will cause long term problems if abused, like getting rid of your staff, not paying bills, not developing employees but the flow is right on.
The most important lessons I learned from this book were: Determine yojr costs are strategic and over-invest in those areas as long as you can see they are effective. Dont overquantify things especially when the extra precision wont change anyone’s mind. Just say no to office space, furniture, reports, travel, price increases, and capital expenditures; If you are wrong they will difer asking until you say yes.
Set cost targets and always go to bid. One person found this helpful. Bob describes the “old school” methodology to business management; which has been demonstrated to work time and time again. Even though some of the tactics are antiquated and may not be a good fit in today’s millennial rich environment, I strongly recommend the read.