Library

No. 006

201 Great Ideas for Your Small Business (3rd Edition)

Jane Applegate (Bloomberg Press)

BusinessEnglish~420 min original read

201 Great Ideas for Your Small Business, now in its third edition from Bloomberg Press, is a practical reference guide by longtime small-business journalist and consultant Jane Applegate. Like Jeremy Kourdi's similarly structured 100 Great Business Ideas, the book presents its content as a large number of discrete, numbered ideas — 201 of them — organized into topic-based chapters covering the full life cycle of running a small business, from setting up an office and managing client relationships through marketing, international expansion, and crisis management.

Applegate draws each idea from real small-business owners she interviewed over years of reporting and consulting work, giving the book a grounded, anecdotal quality distinct from more theory-driven business texts. The third edition, updated substantially from earlier versions, places particular emphasis on online marketing, social media, and navigating difficult economic conditions, reflecting the book's ongoing revision to stay current with how small businesses actually operate.

A distinctive feature of this edition is its closing chapter, "Great Ideas and Insights from VIPs," which departs from the numbered-idea format to present short interview-style profiles of well-known businesspeople and entrepreneurs — including Michael Bloomberg, Tom Peters, Guy Kawasaki, Kay Koplovitz, Wally Amos, and Lillian Vernon — each distilled into a single "top tip" framing (for example, "Herb Kelleher: Be a Maverick" or "Tom Peters: Forget Credentials"). This closing chapter functions as a capstone that reframes the book's practical, day-to-day advice within the broader career philosophies of recognizable business figures.

Throughout the body chapters, Applegate covers a wide practical range: everyday operational efficiencies (like orienting new offices for natural light to cut costs), building informal advisory boards, streamlining meetings, navigating international expansion (including chapters on exporting, manufacturing abroad, and country-specific guidance for markets like Mexico, India, China, and Russia), and marketing in a social-media-driven environment. The tone throughout is accessible and anecdote-driven rather than academic, consistent with the book's origin in Applegate's journalism and small-business consulting work rather than formal management research.

Because the book explicitly organizes its 201 ideas into numbered chapters by topic (unlike Kourdi's unordered format), this entry follows the book's own broad topical groupings as best confirmed through available tables of contents, while noting that full chapter-by-chapter titles for the entire book could not be independently confirmed beyond the sections referenced in available excerpts.

Who This Is For

Small-business owners looking for a browsable, anecdote-rich reference of practical fixes across operations, marketing, and international expansion, rather than a single strategic framework.

When To Read This

Best used as an ongoing reference to consult when facing a specific operational or marketing problem, revisited periodically as your business grows into new challenges (like international expansion).