The Benevolent Dictator: Empower Your Employees, Build Your Business, and Outwit the Competition

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John Wiley & Sons, May 9, 2011 - Business & Economics - 272 pages
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An unconventional philosophy for starting and building a business that exceeds your own expectations

What does it require to take a concept rapidly and effectively from mind to market? The Benevolent Dictator recognizes that entrepreneurship is a gauntlet. Those who succeed are benevolent dictators—able to make the intricate process happen in days, weeks and months to win.

The Benevolent Dictator gives you no-nonsense how-to advice and examples that have worked. This non-traditional, gung-ho guide is not afraid to lay out the leadership methods that can effectively get a new business off the ground, and through the requisite fast-track growth phases that produce tangible success measured by your bottom line and your wallet.

  • Learn critical specifics on how to move from idea development to build-out, through steps for continuous improvement, and on to the big cash out
  • Features proven tools, strategies, and tactics that will help you bottle entrepreneurial lightning over and over again
  • As the cofounder of office retail giant OfficeMax, the author turned a $3 million investment into a $1.5 billion sale in his 16 years as CEO

Beating the competition is never easy. For those times when you need an iron hand, then you also need the wisdom to know when and how to use it. Whether you're a business student, aspiring entrepreneur, or a practicing executive, you need to discover the winning ways of The Benevolent Dictator.

 

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Contents

The Best Ideas Can Come from
11
to Really Test an Idea
29
Dont Underestimate the Power
35
Phase Two Build Out and Put the Idea to the Test
43
Treat an Idea Like Clay
53
CONTENTS
57
Always Be Prepared with Plan
59
Youll Never Reach Critical
66
How to Keep Lethargy
122
How to Avoid Analysis Paralysis
128
Dont Drink Your Own Bathwater
135
Using the Mother Rule
148
Survival MathBusiness
160
You Cant Live with EmHow
170
When Its Time to Pull the Trigger
188
The Easiest Path to Hypergrowth
204

Raising Additional Capital
74
Everything You Wanted to Know
82
Good Intentions Will
95
Dont Open the Doors until
101
Phase Three Constant Reinvention
107
Is Perception Reality?
115
If You Negotiate with Yourself
217
If the Flame Starts Flickering
234
How to Put Lightning Back in
242
Epilogue
253
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About the author (2011)

Michael Feuer cofounded OfficeMax in 1988 starting with one store and $20,000 of his own money, a partner, and a small group of investors. As CEO, he grew it to more than one thousand stores worldwide with annual sales topping $5 billion. He is also CEO of Max-Ventures, a venture capital and retail consulting firm, and cofounder and CEO of Max-Wellness, a comprehensive health and wellness retail chain that launched in 2010. After opening initial laboratory test stores in Florida and Ohio, a national roll-out is now underway.

Dustin S. Klein is the Publisher and Executive Editor of Smart Business Network, publishers of Smart Business, the nation's second-largest chain of regional business publications. He has interviewed thousands of senior executives and civic leaders across America. He is a regular presenter on business-related issues for public and private business audiences and is a frequent guest on television, radio, and Internet programs.

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