The Second Bounce Of The Ball: Turning Risk Into Opportunity

A unique insider's guide to turning risk into opportunity, essential reading for entrepreneurs. 'One of the best books written on entrepreneurship in recent years' Financial Times One of the best books written on entrepreneurship in recent years—FINANCIAL TIMES The book sets out the principles of successful entrepreneurial behaviour - a detailed cookbook, making Cohen the Delia Smith of the entrepreneurial world—NEW STATESMAN A most valuable and instructive bible about how to move your enterprise forward and manoeuvre past early limitations and obstacles—FORBES A tour-de-force covering both the economic history of entrepreneurship and private equity...and real, experience-based stories about successes and failures that are designed to make the reader assess their own entrepreneurial potential—BUSINESS ECONOMIST

''One of the best books written on entrepreneurship in recent years'' FINANCIAL TIMES


In business, everyone can see the first bounce of the ball. It is the second bounce that is uncertain. Ronald Cohen, one of the world''s leading private-equity investors, argues that the entrepreneur''s aim is to take advantage of that uncertainty: for it is only in situations of uncertainty that significant gains can be made. Putting it another way, successful entrepreneurs know how to turn risk into opportunity.

The book is essential reading for entrepreneurs, wannabe entrepreneurs and all those who want to apply entrepreneurial approaches in all walks of life. It provides relevant background on the development of entrepreneurship and of the venture-capital and private-equity industry through the prism of Cohen''s experience at Apax. It provides guidance about how to take advantage of business opportunity: the right people and the right money and the roles played by personality and luck and underlines the importance of ethics.

• | Author: Sir Sir Ronald Cohen
• | Publisher: Orion Publishing Co
• | Publication Date: Sep 04, 2008
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• | Binding: Paperback / softback
• | ISBN-13: 9780753824368
• | ISBN-10: 0753824361