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Publisher's Summary

"The evangelist of entrepreneurship" (The Economist) reveals the true stories about how a range of entrepreneurs created their successful start-ups: hint, many of them never began with a business plan.

Business schools teach that the most important prerequisite for starting a business is a business plan. Nonsense, says Carl Schramm in Burn the Business Plan, who for a decade headed the most important foundation devoted to entrepreneurship in this country. Microsoft, Apple, Facebook, and Google are just a few of the companies that began without one.

Schramm explains that the importance of a business plan is only one of the many misconceptions about starting a company. Another is the myth of the kid genius - that all entrepreneurs are young software prodigies. In fact, the average entrepreneur is thirty-nine years old and has worked in corporate America for at least a decade. Schramm discusses why people with work experience in corporate America have an advantage as entrepreneurs. For one thing, they often have important contacts in the business world who may be customers for their new service or product. For another, they often have the opportunity to strategize with knowledgeable people and get valuable advice.

Burn the Business Plan tells stories of successful entrepreneurs in a variety of fields. It shows how knowledge, passion, determination, and a willingness to experiment and innovate are vastly more important than financial skill. This is an important, motivating look at true success that dispels the myths and offers invaluable real-world advice on how to achieve your dreams.

©2018 Carl J. Schramm (P)2018 Brilliance Publishing, Inc., all rights reserved

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Explains the Dilbert like business buzzwords

Uplifting and sobering data for any business. However, we need more graphs and charts please! I need something to show my mentors.

1 of 1 people found this review helpful

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applicable advice for wannabe entrepreneurs

Good narrator, well written book, nice flow, awesome content! Carl J. Schramm does a fabulous job of telling the success and failure stories of others--many who are now a household name--as well as presenting his own experience and acquired knowledge, in a very entertaining way.

1 of 1 people found this review helpful

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Truth!

incredible book, mandatory reading for anyone trying to become an entrepreneur. This goes into detail what is required in order to succeed in small business.

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Have been waiting for this book and message!

The author mentioned 1MillionCups and believe it to be the Cold Circle he mentioned previously.