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Download Our Fall 2012 Catalog PDF - Berrett-Koehler Publishers

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BK Business<br />

Peter S. Cohan<br />

Hungry Start-up Strategy<br />

Creating New Ventures with Limited Resources and<br />

Unlimited Vision<br />

• The first research-based book on business strategy for start-ups<br />

• Based on Cohan’s venture investment experience and on his<br />

interviews with over 150 start-up CEOs<br />

• Offers specific approaches, designed for the unique needs and<br />

dynamics of start-ups, for making six critical business decisions<br />

Entrepreneurs are hungry. But it’s not just because they’re living on ramen and<br />

adrenaline while they pour their all into their business. Peter Cohan has found<br />

it’s something deeper: a hunger to create the kind of world they want to work in.<br />

To leave a legacy, they build carefully with limited resources and maintain control<br />

of the venture’s direction.<br />

For years, students have told Cohan that the seminal business strategy guide,<br />

Michael Porter’s Competitive Strategy, was too big-company focused. So Cohan—<br />

who once worked with Porter—has written the first business strategy book to<br />

address start-ups’ very different challenges.<br />

Cohan focuses on six key start-up choices—setting goals, picking markets, raising<br />

capital, building teams, gaining market share, and adapting to change—explaining<br />

the unique rules start-ups must follow. For example, when setting goals, large<br />

corporations try to maximize their long-term return on equity, but resource-poor<br />

start-ups have to plan by setting a series of short-term goals—and how they do<br />

this will mean the difference between blazing a trail or flaming out. When entering<br />

a new market, well-fed companies can invest substantial time and capital before<br />

ever launching a product, but hungry start-ups must get an adequate prototype in<br />

front of customers fast, get feedback, and quickly develop a viable business model<br />

or they’ll starve to death.<br />

For each of these six areas, Cohan provides a decision-making approach and lively<br />

case studies of what actual entrepreneurs have done. He extracts hard-hitting<br />

lessons not only for start-ups but also for investors and even established companies.<br />

Hungry Start-up Strategy offers a full menu of vital information for anyone seeking<br />

to cook up a thriving business from scratch.<br />

Peter S. Cohan is president of Peter S. Cohan & Associates, a management<br />

consulting and venture capital firm that has conducted 150 consulting projects for<br />

companies and governments and invested in six private companies, three of which<br />

were sold for $2 billion. He teaches strategy at Babson College and entrepreneur -<br />

ship at the Olin College of Engineering. He has taught at Stanford University,<br />

Columbia University, MIT, and Barcelona’s EADA and has conducted management<br />

development programs sponsored by IBM, Intel, Hewlett-Packard, Oracle, Fidelity<br />

Investments, and Procter & Gamble. He has written nine books and coauthored two.<br />

Publication date: November <strong>2012</strong><br />

$27.95, paperback, 264 pages<br />

6¹/8" x 9¼"<br />

ISBN 978-1-60994-528-2<br />

<strong>PDF</strong> ebook, ISBN 978-1-60994-529-9<br />

Business<br />

Rights: world<br />

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U.S. Orders (800) 929-2929 11

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