Bestbookbits Built, Not Born by Tom Golisano | Book Summary
Nov 24, 2025
Discover the mindset necessary for entrepreneurs to spot opportunities by questioning everything. Learn why action matters more than mere projections; thorough homework is essential before seeking investors. Gain insights into financial statements and the significance of cash flow forecasting. Explore Golisano's six crucial questions and strategies for boosting profit margins while managing risks. Delve into effective hiring practices, negotiating sweet spots, and maintaining a healthy work-life balance. This guide is full of practical lessons from building a billion-dollar company.
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Question Everything To Find Opportunities
- Successful entrepreneurs constantly question how businesses operate and challenge the status quo.
- Questioning everything reveals opportunities and fuels an entrepreneurial mindset.
Bring The Four Financial Documents
- Always bring an executive summary, income statement, balance sheet, and cash-flow forecast to fundraising pitches.
- These documents show investors you understand the business and its financial reality.
Ask Six Pre-Launch Questions
- Before launching, answer six key questions about market size, margins, delivery, longevity, capital, and tech risk.
- Use these questions to avoid over-optimism and undercapitalization when starting a venture.
