My good friend Ellie Byrd just published her first book last week – Eating Ramen: A Survival Guide for Tough Financial Times. The book is part autobiography, part inspiration, and part personal finance. Some of my favorite takeaways from the book:
- Czechoslovakian payment plan – don’t buy it unless you can pay cash for the whole thing
- Don’t keep employees on the bench after an economic meltdown (Sept. 11, 2001) unless you have a couple years worth of cash on hand – and are willing to use it
- Physical office space isn’t required to be successful – virtual companies are becoming more and more common
- The best offense for becoming financially secure is a strong defense around spending money – especially things like lattes
The book is a quick read, has many funny stories, and is worthwhile for anyone who enjoys entrepreneurial stories, financial tips, and reading about the lives of others.