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Reviewed by Asher Syed for Readers' Favorite
In Lean Startup, Lean Company, Rich Exit, Kenan E. Sahin shares his ideas on leadership, strategy, and resource management for startups, advocating for a lean approach to growth. Sahin emphasizes the importance of understanding finance, contracts, and the AAWE hiring principle—focusing on aptitude, attitude, willingness to learn, and experience. Sahin talks about structured documentation and a flat communication structure to improve information flow. He champions situational leadership, rotating roles to prevent power concentration, and ethical leadership to maintain trust. Sahin is adamant about staying lean, warning against overexpansion. He speaks on sales and marketing, the need for structured compensation, and controlling company leads. As he moves toward the Rich Exit concept, Sahin advises careful planning for business exits, including mergers, acquisitions, and IPOs, while promoting flexibility in post-exit life.
Kenan E. Sahin’s Lean Startup, Lean Company, Rich Exit provides a valuable resource for entrepreneurs looking for a go-to guide for a different approach to business growth. I found his writing to be really clear and simple to grasp, which makes it accessible even for those new to concepts like financial statements and contract negotiations. Sahin’s innovative ideas, the standout to me being "peace contracts," prove that his practical approach to fostering clarity and fairness in business dealings is greater than mere lip service. Sahin does well in centering ethical leadership and strong corporate culture, and it's a relief to come across a guide that is more than just a manual for operational efficiency. While some strategies may seem unconventional, they are necessary for the goal of rethinking outdated, counter-productive practices. Overall, this book is a win for its blend of practical advice and thoughtful insights, offering a complete guide for anyone aiming to build a successful and sustainable business.
