The star principle is a nice book. This book is intended to be a sort of a guide to new investors as well as employees. It helps in giving the tips to find a "star" bussiness as the author calls them, and hold fast to them until you are a billionaire. Star bussinesses are rare to find but whenever one is presented in the way should follow or work for it.
The author have worked for BCG(Boston Counseling Group) first and then resigned just to get into a new star enterprise where he could fit better, and got promoted twice in two years.
According to the book the star bussinesses have 2 attributes:
1. Leader in a fast growing market or niche
2. The growth rate is more 10%
Do they have a weak point? They have one huge weak point. If it looses its leadership is finished.
There is also a matrix made by the BCG according to the market share and the growth of the market. Most likely to succed is probably the question mark after the star of course. It is because if the question mark invests too much money in the market and tries to take the leadership.
Thank you very much for your valuable blog.
YanıtlaSili can find your picture and content very helpful.
Erald Kasa