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	<title>Channelship&#039;s Video Blog &#187; 20 interesting lines</title>
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	<description>Channelship&#039;s video blog offers a fun, simple and easy way to learn about web and social media topics in plain English</description>
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		<title>Book review: &#8220;Making br€ad&#8221; by Brody Sweeney (Fouder of O&#8217;Briens)</title>
		<link>http://www.channelship.ie/blog/post-30-book-review-making-bread-by-brody-sweeney-fouder-of-obriens.php</link>
		<comments>http://www.channelship.ie/blog/post-30-book-review-making-bread-by-brody-sweeney-fouder-of-obriens.php#comments</comments>
		<pubDate>Mon, 05 Jan 2009 22:34:26 +0000</pubDate>
		<dc:creator>Fred Caballero</dc:creator>
				<category><![CDATA[Review]]></category>
		<category><![CDATA[20 interesting lines]]></category>
		<category><![CDATA[Brody Sweeney]]></category>
		<category><![CDATA[business plan]]></category>
		<category><![CDATA[franchise]]></category>
		<category><![CDATA[O'Briens]]></category>
		<category><![CDATA[ol]]></category>
		<category><![CDATA[Prontaprint]]></category>
		<category><![CDATA[success]]></category>

		<guid isPermaLink="false">http://www.channelship.ie/blog/?p=30</guid>
		<description><![CDATA[I finished yesterday reading "Making Bread" from the founder of O'Briends sandwich bars.

It is the story of one man’s dream, which nearly ended as soon as it begun, to build a successful international franchise. Brody Sweeney shares very interesting stories about all the releveant ups and downs that he went thought while leading his previous business, "Prontaprint" and his actual, "O'Briens".]]></description>
			<content:encoded><![CDATA[<p>I just finished  reading &#8220;Making Bread&#8221; from the founder of O’Briens sandwich bars.</p>
<p>It is the story of one man’s dream, which nearly ended as soon as it begun, to build a successful international franchise. Brody Sweeney shares great stories about all the relevant ups and downs that he went thought while leading his previous business, &#8220;Prontaprint&#8221; and his actual, &#8220;O&#8217;Briens&#8221;.</p>
<p>Find below the book-recap in 20 interesting lines:</p>
<p>1.    You are the business<br />
2.    Bank loans: Banks are run by people. Build a relationship with your bank  manager if you want a loan approved. Banks have no interest in taking risks. They&#8217;ll never give you 100% of the funding.<br />
3.    Business plan: Your projections will never be correct; they will be way below or above.<br />
4.    Avoid headaches, get a bookkeeper!<br />
5.    Make a list with a worst-case-scenario for your business.<br />
6.    They key of success lies in being consistent.<br />
7.    Recognise your suppliers&#8217; achievements.<br />
8.    Planning the networking is key!!<br />
9.    The best networking is always face to face.<br />
10.    Do not network at the golf course if you are serious about business results.<br />
11.     Best investment: The day you buy is the day you sell.<br />
12.    Retail shop&#8217;s conversion: if you convert 2% you are doing really well.<br />
13.    Don&#8217;t worry about how much the other guy is making, concentrate on your own business.<br />
14.    Equity is blood.<br />
15.    Cash is king<br />
16.    What gets measured gets done.<br />
17.    Understand the key drivers of your business.<br />
18.    Understand the 80:20 rule<br />
19.    Be ready to do whatever it takes<br />
20.    Being good is good business (giving back to the community)</p>
<p>I strongly recommend this book for absolutely anybody that is thinking about getting into business or even is already, no matter for how long.</p>
<p>All the best<br />
Fred</p>
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