russia has launched a full-scale war in Ukraine. Donate to support Ukraine and protect the world’s peace.

Business Adventures

summary ofBusiness AdventuresBook by John Brooks

15 min
00:00
/
00:00
Get full summary

You’ll learn

  • How small mistakes affect whole economies
  • What drives icons like Bezos and Gates
  • About surprising impacts of insider trading cases
  • What is the importance of keeping company secrets

first KEY POINT

You need to understand what makes a business work, and here's why

The economy of a country can be broken by minor lapses that degenerate into big problems. Most nations like the United States, China, South Africa, the United Kingdom, etc., build their economy around business and trade, and it's important to know how they have succeeded or why they have failed.Are you confused about what big names like Tim Cook, Jeff Bezos, and Bill Gates did and are doing to control the business world? Then you need to understand that being at the top requires taking the right steps. A good business needs time and planning, which is why this summary tells the story of successful and unsuccessful businesses, and the reason for their outcome.John Brooks was a certified professional whose books on business and financial planning have been used as guidelines by many people to gain success. This particular book is popularly known as one of the best books read by Microsoft founder Bill Gates.The success or failure of a business is built around its planning and execution. The outcome of such planning and execution is a combined effort of risk and confidence.

Businesses are not self-sustaining, it takes active effort to keep a thriving one healthy.

For a businessperson to attain their desired goal, they must first understand why they want to start a business in the first place. They must find a target audience and study them. They must also consider factors like:
• What the people need
• Why people need it
• When the people need it
• It's affordability
• It's ease of use
• It's maintenance and revenueIn this bite-sized book, you’ll learn more about the right approach to business.

second KEY POINT

The fall of the Ford Edsel is a primary example of how a business can fail without proper planning

The fall of stocks in the market can cause mass hysteria and frantic panic. Lack of attention to business and greed from business owners can trigger an adverse effect on the Stock Market.

book cover

Continue reading with Headway app

Continue reading

Full summary is waiting for you in the app

first KEY POINT

Estimates and big spending alone do not guarantee the success of a business

second KEY POINT

Careful planning and good partnership are integral to the success of any business

third KEY POINT

Entering into a good partnership can help you to move to the next stage of your business

fourth KEY POINT

Private information about businesses should not be taken advantage of unless made public

fifth KEY POINT

Private information cannot be said to be public until the media has been duly informed by the organization in question

sixth KEY POINT

An employee's trust should be expected even when they work for a rival company

seventh KEY POINT

Conclusion

About the author

John Brooks was a notable 20th-century American author, journalist, and contributor to The New Yorker magazine.

Join 55+ million learners worldwide

172K 5 reviews on App Store and Google Play

Get started

Frequently asked questions

What is Business Adventures: Twelve World Classic Tales from the World of Wall Street about?

Business Adventures: Twelve World Classic Tales from the World of Wall Street, written by John Brooks, explores timeless stories of the stock market and corporate life, illustrating key economic lessons through engaging narrative. These tales dissect phenomena such as market crashes, corporate ethics, and the human aspects of business.

What are the key takeaways from Business Adventures: Twelve World Classic Tales from the World of Wall Street?

Key takeaways from Business Adventures include insights on the cyclical nature of markets, the importance of management decisions, and the often unpredictable human behaviors that influence financial outcomes. Brooks effectively highlights how historical events provide valuable lessons for modern business practices.

Is Business Adventures: Twelve World Classic Tales from the World of Wall Street worth reading?

Yes, Business Adventures is highly regarded for its insightful storytelling and relevancy to both investors and business enthusiasts alike. Its blend of narrative and analysis makes it a valuable read for anyone looking to understand the corporate world better.

How many pages is Business Adventures: Twelve World Classic Tales from the World of Wall Street and when was it published?

Business Adventures spans 352 pages and was originally published in 1969. Despite its age, the wisdom contained within remains pertinent to contemporary business discussions.

How does Business Adventures relate to contemporary business practices?

Business Adventures remains relevant today by providing lessons on risk management, ethical decision-making, and the impact of economic conditions on business strategies. The real-life examples serve as a reminder of how past events shape current practices in the world of finance.