Finance
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Peggy's Follow-up Review-3 years later
Better book exists elsewhere
A reader from New York...
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Out-of-Date Information about a Moving TargetAs the authors point out, between 1984 (when they published the original research on this subject) and 1994 (when this paperback edition was published) only 55 of the original 100 companies persisted on the list. I suspect that the fallout since 1994 has been even greater. The list contains many companies that went through dire times in the 1990s like Armstrong, Compaq, Cray, Cummins Engine, Donnelly, DuPont, Hewlett-Packard, Inland Steel, Kellogg, 3M, Motorola, J.C. Penney, Tandem, and Xerox. In fact, companies that are riding for a fall in their business peformance are often the ones that have been great places to work. Before its performance plummeted in the early 1990s, IBM used to be on the list . . . just before it laid off an enormous percentage of the total workforce.
So a weakness of this backward-looking research is that it is not very good at predicting what will be the best companies to work for. The list is obviously dominated by very big companies, and they are the ones that offer the least job stability these days, even though the authors try to make the opposite point. "Job security is not a relic of the past for them."
The more obvious point is that for tens of millions of Americans the best employer is themselves. That point is not considered in this book.
The majority of the organizations and companies that will provide the best pay/benefits, opportunities, job security, pride in work/company, openness/fairness, and camaraderie/friendliness (the criteria for selection by the authors) in the next 10 years either were tiny or did not exist in 1994. So you need more contemporary sources for your search.
A good example of the need for newer information is that many companies now encourage you to work at home, due to the Internet. If you want to do that, this book won't help you find those companies. If you want to avoid doing that, this book won't help you avoid those companies.
My main concern about studies like this is that they focus your attention on what your employer can do for you. I suspect that thinking about your personal life goals would be a better starting point. Then, within those goals, what kind of career works best for the future in light of important future trends? Then, what jobs should you consider to develop that career? Next, should you work for someone else or be on your own? Finally, how should you screen potential employers to meet your personal criteria? After you have finished doing all that thinking, I doubt if this book will be very helpful to you.
Don't let the old paradigm of the employer as the source of paternalism and stability distort your judgment of what's right for you!
Make your life a joy by following the road to health, happiness, peace, and prosperity!
100 best companies and over1000 ways to manage people well
100 best companies and over1000 ways to manage people well
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I disagree with his results.
One way to shop for a job
Great book!
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The right business for you!For each business listed, the authors provide a short description, an explanation of "why" it's a good pick, the skills necessary, the initial investment required, resources for more information and a brief dialog with even more information. This book will guide you to making a wise choice.
You can skim the choices listed in the table of contents and then read the details on those that sound most interesting. Or you can read all of them. Either way, you're sure to find some you'd never thought of and perhaps even eliminate some you'd been considering.
Excellent Reference!
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In fact, Tracy's 100 laws are so cheerily practical, such an astoundingly uncomplicated affirmation of good old American bootstrap self-determinism, they recall the days when Alger's fictional bootblacks and newsboys finally made it big through pluck, elbow grease, and wide-grinning high hopes alone. (And, consciously or not, Tracy does seem to reside in a boys' world: among the countless men of means he cites here--from Emerson, Twain, and Lincoln to Henry Ford, Sam Walton, and, uh, Jesus Christ--this reviewer counted a whopping two women.) At times, Tracy's laws read like a Rotarian's shameless plug for capitalism ("The free market is the most efficient way for millions of people to have their needs met at the lowest possible cost"), an expression of Nietzschean contempt ("People are poor because they have not yet decided to become rich"), or, in a few instances, the kind of declaration that sets survivors of totalitarian regimes all a-tremble ("Power gravitates to the person who can use it most effectively to get the desired results"--yikes!).
That said, Tracy's pronouncements are more than usually correct; an unfailing boost to the indecisive, underconfident, or fatalistic soul ("You are completely responsible for everything you are and for everything you become and achieve"); and even occasionally astute, especially in matters of sales ("Top money-earners in sales are viewed as consultants, helpers, counselors, and advisors to their customers, not as salespeople"), where he had his own humble beginnings. You won't find anything especially new in Tracy's 100 Absolutely Unbreakable Laws, so think of it as all the best advice for improvement of your self, career, and business you'll ever read or hear, packed into one turbocharged go-getter's almanac. At the book's start, Tracy promises us that just by writing down 10 of our goals in the first-person present tense ("I actually AM too rich and too thin!"), eight will have come true in a year's time. I ask you: Did even your own mother ever have that much faith in you? --Timothy Murphy

The 100 ABSOLUTELY UNBREAKABLE LAWS OF BUSINESS SUCCESS
YOU MAY HAVE READ IT ALL BEFORE-BUT READ THIS REGARDLESS!
Powerful--it exploded my businessThe 100 Absolutely Unbreakable Laws of Business Success will show you how to:
* Attract and Keep better people
* Produce and sell more and better products/services
* Control costs more intelligently
* Expand and grow more predictably
* Increase your profits, and much more.
The fourth law in chapter 60 was very beneficial to me. The ideas in this book exploded my business. Nobody does it better than Brian Tracy.

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A Great Contarian Indicator of the Busted Internet BubbleEvery new industry, every new technology, and every new way of competing enjoys a brief period of euphoria on Wall Street. Usually, the end comes within five years . . . or sooner if major disappointments creep up before then. The surest part of the Internet development was the inevitable cataclysmic fall, which was scheduled for either 2000 or 2001. It looks now like both years will have this characteristic. Again, there is no mention of this phenomenon in this book.
Why then did I give the book two stars, rather than one? Well, it's near Christmas, so I wanted to say something nice. I think you can use this book as a guide to web sites that might be worthwhile visiting, at least until the companies go out of business. I graded it two stars for its web site information. I found a few that had good material that I had not visited before.
If I could, I would rate it a zero or as a negative number for investment advice.
Now, there may be a good day to buy Internet stocks in the future. But this book won't help you figure out when or what to buy.
To the best of my knowledge, there is yet to be a good book written about investing in Internet stocks. So continue to be careful. One thing I can guarantee is that the day when there are 100 good stocks to buy related to the Internet is well into the future.
Avoid overpriced stocks and books about them, unless they are guides to short selling. Buy a lottery ticket instead. You have about the same chance of winning, and you'll lose less money this way.
Solid adviceIt is comforting to know that this book, "100 Best Internet Stocks to Own" by Greg Kyle, is now available so that I can recommend it with confidence to my clients as a very solid tool that will help them to understand and identify the strengths, weaknesses and pitfalls of this market catagory.
It is my belief that this book can be used as one of the key guidebooks when contemplating an investment in internet stocks. The feedback from my clients confirm this.
Good for beginners
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Of their "Top 10" THREE are no longer in business, or are barely able to stay listed on exchanges, and the other 7 are equally ugly.
When Walden wrote his self-aggrandizing review, he stated there would be the potential for a 75% swing DOWN in a stock. HE A) wrote that after the bottom fell out of internet stocks, B) failed to warn that the "upper number" was closer to 98% swing down, not 75%, and C) failed to give eBay its due, a very very successful internet stock "to own."
And they BOTH missed PayPal, the young internet upstart--in business when they wrote this tout, who blew eBay's Billpoint in house payment service plumb off the race track as well.
Those who want to know what to short and when to short should be the only ones to buy Walden's advisory books...he's rung the bell at the top more than once by his cookie cutter, rush to press, just as the "game" is over and the momentum players surge to a new gambit tack. A review of his titles bears out this historic reality.