Roys:
Recommended book.
Germany on Oct 29, 2022
Neil C.:
I know the book and it is a well written, easy to digest world of information. When used in business life or in fact in your whole life, the learnings can add real value to society
United Kingdom on Aug 22, 2021
Zokuaku:
This book was well written and has a nice backstory to how the family came into it's name and built the initial business. As you read through the content Charles builds a framework with examples and justifications for the conclusions he formed as well as the evolution and transition for the decisions he makes. The ideas behind MBM and Principled Entrepreneurship are well defined and fairly concise; that being said I recommend reading the conclusion chapter first as he does well in explaining the intent and idea for how to get the most out of "Good Profit" which I think goes along way in setting expectations.
This book will introduce you to things such as MBM, Principled Entrepreneurship, Schumpeter's Creative Destruction, Maslow's Theory of Hierarchical needs and many other ideas that define the importance of pursuing Healthy/Good Profit vs. distinctly Poor/Bad Profit. Charles does an exceptional job clearly defining the expectations of how he would like his Organization to operate as well as the moral viewpoint in which it is described. His idea's throughout seem natural, fluid and almost inline with one's moral objectivity... if you find yourself at...
Canada on May 26, 2020
vikas kapoor:
Practical and to the point - must read to understand how build an organisation for the long haul. Highly recommend.
India on May 26, 2019
Bob Burg:
Mark Twain is credited with saying, "It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so."
In my opinion, never does this adage hold more truth than for the all-too many people who provide negative comments about Charles Koch.
Why a person should be so vilified simply for creating immense value in the marketplace, greatly improving the lives of the masses, and becoming extremely wealthy as a result is confusing enough. What's worse is that he is vilified for so much that he is not. For example, he is not a cronyist who seeks favors from government but rather eschews ALL forms of such. (In other words, he does not buy special favors from politicians but rather supports those who do *not* participate.) He is also not a "right-wing" Republican but rather a Classical Liberal (which most of us would call Libertarian). And, that’s just the tip of the iceberg of misunderstandings about this man.
What he IS is a person who lives his life and conducts his business in a way we should all do our very best to emulate. Based on principles of honesty, integrity, civility, respect, and value creation in...
United States on Dec 26, 2015
M. J. Smith:
After watching Megyn Kelly’s October 16, 2015 interview with Charles Koch, I purchased Good Profit to learn more about the man and his approach to business. The book provided excellent insight to both.
I have recommended Good Profit to my friends and I recommend it to you if you are interested in learning why Charles Koch does what he does. Also how Koch Industries achieves the success it does using the Market-Based Management (MBM) approach that Koch developed through forty years of trial and error.
To get the most out of the explanation of the MBM it’s important that you understand it’s a philosophy, not a set of rules. The following two paragraphs, taken from the book’s conclusion, make this clear.
The first is…
When people are first exposed to the overall foundation and philosophy of MBM, their tendency is to become overly focused on the words, the terminology and definitions. What works much better (after a broad introduction) is persuading them to take the time to understand a few concepts that are particularly relevant to their role, and then have them apply those concepts to real problems, followed by prompt...
United States on Nov 01, 2015
| "Good Profit: How Creating Value for Others Helped Build One of the World's Most Successful Companies" Hardcover | "The Richest Man in Babylon" Paperback Book: A Guide to Financial Wisdom and Wealth Management | Hardcover Copy of the Original Edition of "The Richest Man in Babylon" | |
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| B2B Rating |
86
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98
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| Sale off | $9 OFF | $3 OFF | |
| Total Reviews | 222 reviews | 4 reviews | 4 reviews |
| Item Weight | 1.08 pounds | ||
| Dimensions | 6.36 x 1.04 x 9.53 inches | ||
| ISBN-13 | 978-1101904138 | ||
| Hardcover | 288 pages | ||
| Decision-Making & Problem Solving | Decision-Making & Problem Solving | ||
| Business Management (Books) | Business Management | ||
| Business Decision Making | Business Decision Making | ||
| Customer Reviews | 4.5 4.5 out of 5 stars 938 ratings var dpAcrHasRegisteredArcLinkClickAction; P.when.execute { if { dpAcrHasRegisteredArcLinkClickAction = true; A.declarative { if { ue.count || 0) + 1); } } ); } }); P.when.execute { A.declarative{ if { ue.count || 0) + 1); } }); }); | 4.7/5 stars of 33,226 ratings | 4.7/5 stars of 33,226 ratings |
| Language | English | ||
| ISBN-10 | 1101904135 | ||
| Best Sellers Rank | #243 in Business Decision Making #519 in Decision-Making & Problem Solving #1,678 in Business Management | #71 in Business Ethics #661 in Motivational Management & Leadership#780 in Business Motivation & Self-Improvement | #457 in Business Ethics #498 in Wealth Management #1,372 in Budgeting & Money Management |
| Publisher | Currency; First Edition |
Brazil on Oct 23, 2023