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Book Summary InformationAuthor: John Lusk, Kyle Harrison Edition: Hardcover Audio: English (Unknown); English (Original Language); English (Published) Published: 2002-01 ISBN: 0738205737 Number of pages: 256 Publisher: Basic Books
Book Reviews of The MouseDriver ChroniclesBook Review: Great Education, and a Great Read, too! Summary: 5 Stars
I saw "The MouseDriver Chronicles" in several bookstores, and passed because it sounded like it would be yet another story of dot-com failure. But finally I decided it looked like a "fun read" and bought it, and I'm glad I did.I'm adding "The MouseDriver Chronicles" as my number-two title (after "Dot.Bomb," by by J. David Kuo) on my "must read" book list for entrepreneurs. "Dot.Bomb" was more fun to read, in part because it was about a dot-com company that crashed and burned, and it's always more fun to write about failure than success. Though "The MouseDriver Chronicles" isn't quite as fun to read, it is more useful for potential entrepreneurs. The book recounts many logistical and planning issues, in an exceptionally well-written style, using straighforward language and sharing more details (business and personal) than I'd expected (though the details seem to fade in the later chapters, presumably to protect the trade secrets of the continuing company). Most important, "The MouseDriver Chronicles" is not about a crash-and-burn dot-com failure. It's about a modestly successful startup whose mission was to build a product and sell it at a profit, a concept that seemed almost obscene when Lusk and Harrison launched their business in mid-1999. In January 2002, that concept (build a product and sell it at a profit) sounds much better, making the book more timely. Even if there are fewer entrepreneurs this year, they all should profit from reading "The MouseDriver Chronicles." The authors especially deserve credit for admitting how "ignorant" they were (in many respects) when they received their MBA degrees from Wharton, even after earlier careers working for consulting firms. They frankly disclose some embarassing experiences, which should profit wise readers who may experience fewer mistakes as a result. My main gripe with the book is that it ends before the end. I expected the final chapter to recount the company's failure, or its sale to a larger company, or some other "exit strategy" that would provide "closure" for the book. Instead, the book's chronology ends in early 2001, but the company continues even today. Ending the book a year before it reached bookstores (in January 2002) seemed quite unfair (but that is the reality of the book-publishing industry). Fortunately, the MouseDriver.com web site contains an archive of the author's "Insider" newsletter updates, so I could read "the rest of the story" (which is still unfolding, since the company is still plodding along).
Summary of The MouseDriver ChroniclesWhen John Lusk and Kyle Harrison graduated from Wharton in 1999, nearly all of their entrepreneurially minded classmates set their sights on conquering the dot-com world. To the almost universal disdain of their friends and professors, these two turned down tempting job offers, borrowed money from friends and family, loaded up on credit card debt, and decided to start a single-product company to manufacture and market a computer mouse shaped like the head of a golf club.They watched enviously as nearly all of their friends became millionaires in the dot-com boom, but they persevered and forged their own path. To chart their progress and to keep themselves motivated against the odds, they kept a diary that recorded the realities of their everyday life as entrepreneurs. Out of their diary entries grew The MouseDriver Chronicles, an intimate, insightful, and often funny look into the minds of two entrepreneurs and how they brought a simple idea to market.From The MouseDriver Chronicles:"School was just about over, and the wondrous combination of brick-baking heat and relentless high humidity that defines summer in south Philadelphia wasn't too far off. We couldn't afford to wait around for it. We needed to blaze to San Francisco and get rolling. Fine. No problem. Except we didn't yet have an office in San Francisco. Or a place to live. Or MouseDrivers in stock. We had all our plans and ambition, but everything real about running a business was ahead of us. Immediately ahead." John Lusk and Kyle Harrison seemed slightly out of their minds when, unlike their fellow MBAs, they skipped on flashy, lucrative offers from dot-coms to become entrepreneurs. Specifically, to produce and sell a computer mouse designed to look like a golf-club head (a state-of-the-art titanium driver to be exact). "I wanted to feel the pain of starting a company," Lusk writes in this clear and insightful memoir, "to go into debt, have my ego crushed and experience first-hand the thrill of working like a dog for months without a paycheck." Since he also expected to make a million in two years, it's not surprising that all these come to pass. The duo struggle with the fundamentals of making and selling, run-ins with typhoons, shabby off-shore manufacturing, and soon dot-com envy sets in. But when the dot-coms start going belly-up, this little-retail-product-company-that-could shows that the basics of business still apply--a handy lesson for those wondering what happened after the dot-com crash, as well as any would-be entrepreneurs wanting to make a go of it. --Lesley Reed
Company Profiles Books
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