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Summary: Bond E-Book

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The must-read summary of Terence Maher's book: "Bond: The Business Career of Alan Bond".

This complete summary of the ideas from Terence Maher's book "Bond" tells the story of Australian entrepreneur, Alan Bond. In his book, the author covers his entire life, right from his childhood, and reveals how he came to be so successful. This summary provides readers with a valuable insight into the highs and lows of his career, and is a fascinating tale about one of the world's most talked-about tycoons.

Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge

To learn more, read "Bond" and discover the story behind the world-famous entrepreneur and multi-millionaire, Alan Bond.

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Seitenzahl: 43

Veröffentlichungsjahr: 2013

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Book Presentation: Bond by Terence Maher

Summary of Bond (Terence Maher)

Book Presentation: Bond by Terence Maher

Important Note About This Ebook

This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.

Summary of Bond (Terence Maher)

1. Early 1950s – School in England

Alan Bond was born at Ealing, London on 22nd April 1938. He was the second child born to Kathleen and Frank Bond following the birth of their daughter 18 months earlier.

Frank Bond was Welsh, and had begun his working life in the South Wales coalmines. Kathleen Bond nee Smith was the daughter of a physician and conservative politician of some note. In London, Frank Bond found work as a painter and decorator. In the Second World War, Frank Bond enlisted as a PT. instructor in the Royal Air Force responsible for training commandos. In 1944, he was badly wounded in action and lost a lung. He was told that for health reasons, he would have to move away from London’s damp climate.

Alan Bond attended primary school in England and seemed to do well enough. However, when he was twelve years old, the family decided to join more than one and a half million Britons who were going to Australia as assisted passage immigrants. This decision was made partly to improve his father’s health, and partly to give them the chance to start afresh after the war had ended. On arriving in Fremantle, Alan Bond hated the place and missed London.

Fremantle at that time was most definitely a working class town. The union influence in the area was powerful, and wharf laborers dominated the town’s population. It had a reputation throughout Australia as a hard town in a very hostile environment. However, Fremantle was an extremely busy place as everything the settlers needed had to be shipped in from Eastern Australia while exports from Fremantle included gold, wool and tons of wheat.

2. Mid 1950s – Early Fremantle Days

Alan Bond started school in Australia as a sixth grader. He was no doubt quite a handful. At one stage, he screamed at his teacher, “When I’m older, I’m gonna buy and sell people like you!” The teacher’s response is unknown.

One of his friends later said, “We always knew Alan would either make a quid or have his head cut off. He was a very cocky, mature bloke. While we were still playing cowboys and indians, he was more interested in girls. You could see he had a pretty good head on his shoulders, and knew what he wanted to do.”

His school achievements reflected his definite lack of interest, with a mixture of bare passes and failures to his credit. However, what Bond lacked in academic achievements, he compensated for with boyish charm, adaptability and confidence. Above all, he had a supreme confidence in his own ability.

Alan Bond turned 13 in April 1950 and graduated to Fremantle Boys High School. He ran into some difficulties here, as one friend later said, “Bondy always insisted he was smarter and better than the rest of us. The reason he left school early was because he argued so much with the teachers.” However, he was also beginning to work out how to make some money in his spare time.

His first job was selling newspapers at the Fremantle wharves each night after the paper shop shut at 7 p.m. In no time, Alan had secured a supply of papers from the shop owner and supplied a group of other kids to do the same, in effect making them his employees. Before long, he realized that going to school was standing in the way of making and spending money.

He went to his father when he was fourteen and told him it was time for him to leave school. His father realized the futility of steering him back to school, and decided that he should get a trade to fall back on if all else failed. The only thing Alan liked to do was draw, so he arranged an apprenticeship for Alan at a local sign maker. This has turned out to be the first and only time that Alan Bond has ever worked for someone else in his entire life.

The sign maker, Fred Parnell, thought he had a bright personality and presented himself well. He liked his drawings but was horrified by Alan’s spelling whenever he wrote down telephone messages. Bad spelling was not exactly a glowing attribute from a sign writer’s point of view. In spite of this, Alan began a five year apprenticeship at the sum of just over two pounds a week.

3. Mid 1950s – First Job

In 1955, Alan Bond is 17. His favorite saying is, “You’ve got to move a quid, move a quid. Keep the money rolling.”