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Thursday, December 28, 2017

Review: Critical Business Skills for Success

I checked out Critical Business Skills for Success from the library. Until January 10th, Audible has a deal where you pay $5/month for 3 months for an Audible subscription. If you sign up for this deal, this audio course should be one of the audible books you use your credits on. I plan on doing so, despite having listened to the entire 30 hour course. It is that good.

Have you ever wondered about how to read a balance sheet? Income statement? Wondered why people make a big deal out of free cash flow? Curious about how an accountant could have figured out that Enron was running a big fraudulent operation through forensic accounting? The tools needed for you to do so are in this course. What if you're an engineer and always wondered what a marketing person is supposed to be doing with his time? Is marketing just about creating and placing ads? The answers are here. What is a business strategy? How should investment decisions be made? How do you get the best out of your reports? There's a sequence of lectures here about this as well.

As an investor, I frequently hear people discuss investments without an understanding of what finance is, and how to use it to analyze a business. Just that alone would be worth the price of this audio course. Throw in the rest of it (the weakest part of the lecture series are the ones about HR --- everything else is pure gold), and this lecture series is worth every minute of your time.

Highly recommended for everyone. Go buy it.

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