Summary : What They Don’t Teach You at Harvard Business School – Mark H. Mccormack

Minority equity in a privately held company is worthless. If you are offered any in return for services, negotiate a fee in addition to equity agreement or a guaranteed buy-back agreement. The minority shareholders are at the mercy of the majority shareholder.

Being self-employed is the purest form of capitalism and the best way available to get paid what you are truly worth.

The trick is to control your business day, rather than having it controls you. In other words, making activities fit the time available rather than trying to expand your time to accommodate the activities. Work towards doing the things you

Take the time to put some distance between a business occurrence and your reaction, instead of an immediate response. You act instead of react.

There is never any complacency or basking in past glories.

Try carrying blank cards in your pocket for notes and ideas as they crop up. Head the cards with topics, and carry them with you to jot down

you are an early go-getter, schedule key efforts for those time

manager’s personal style, particularly how good he is at exchanging information, contributes more to a department’s efficiency than the results of anything else.

What makes me think I’m the one to make it work?

Deadlines are sensitive pieces of information in any negotiation.