By Eric Flamholtz and Yvonne Randle (Jossey-Bass, 496 pp.)
A wise old entrepreneur once told me: "The leading cause of failure for entrepreneurial businesses is success." If not managed properly, high-growth ventures often fail due to the inability of the entrepreneurs to successfully transition their businesses through the various stages of growth. Now in its fourth edition, this book still offers entrepreneurs the best insights into what it takes to successfully navigate through the white water that constantly faces the owner of a high-growth venture.
• Jeff Cornwall directs the Center for Entrepreneurship at Belmont University in Nashville, Tenn.
