Saturday, November 22, 2008

Book Report: Burn Rate


The Fall Quarter is almost over (yehey!!), and our book presentation is due to start sometime next week in our TINST207 class with professor Andrew Fry.
Our group, which is composed of six students decided to present a summary of the book entitled “ Burn Rate: How I survived the Gold Rush Years on the Internet” by Michael Wolff.
This book tells the rags-to-riches story of Michael Wolff on how he survived lots of obstacles on opening up an Internet business during the early days of the computer web, then became one of the modern Rockefeller of the cyberindustry. The reason why the title is burn rate because he was losing money as fast as the fire burning up any things into ashes. Yet, Wolff turned his ashes of failure into gold. It is kind of interesting because this book is quite different from any entrepreneurs' story wherein he put some humors and fancy audacious things about it.
I reckon that some readers who will peruse this book might get vexed of his too-good-to-be-true stories. Well, c'mon, everybody is entitled to their own opinion. No matter what they say, he has an outstanding writing style, I enjoyed reading his book, and I learned a lot from his perspectives! For me he is the cyberbusiness guru because in spite of what he had gone through in his life, he still had the resilience to face the chaotic and fast-paced cyberworld with chin up and without batting an eyelash! Now that's what we call the real fighting spirit! Some additional information about our presentation can be read on some of my group members blogs.

Livin' La Vida Digital
Scott1223's Blog
It's Only After You've Lost
Simply Complex


Kudos to Michael Wolff and cheers!

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