You may believe that all you need to start a business is an idea and some funds. If it were that simple, every business would succeed. Unfortunately, statistics reveal that more than 90% of new businesses fail to survive in the market. Do you want to know why? Inadequate understanding of how to run a business. So, if you want to be in the top 10%, you need to invest time learning everything you can about marketing and running a new business. How do you do this? One way is to read books on starting a business from established authors.
We’ve researched the top of the books that speak on starting a business, let’s look at it!
Best Books on Starting a Business
To help you improve your business acumen, we’ve picked up the top books to look out for when starting a business, they include:
#1. Starting a Business Quick Start Guide by Ken Colwell
The author’s goal with this book is to help readers build a knowledge of the fundamental factors of starting a business. Colwell begins with the foundations and helps you acquire the attitude of an entrepreneur before teaching you a detailed step-by-step business plan. Once you understand what distinguishes entrepreneurs from others who work nine-to-five jobs, the book shows you the value of knowing your clients.
You’ll discover that in order to dominate the market for your niche, you must investigate and comprehend every part of it.
#2. Starting a Business: All-in-One for Dummies by Bob Nelson and Eric Tyson
For about the same price as the other books on this list, you receive a book that is nearly double the size; this book is 656 pages long! This business book will teach you all you need to know about starting a new job, including accounting, entrepreneurship, franchise management, small enterprises, marketing, and management. You may be confident that you will have all of the knowledge required to enter the entrepreneurial world thanks to these helpful resources.
#3. The Young Entrepreneur’s Guide to Starting and Running a Business by Steve Mariotti
Steve Mariotti’s The Young Entrepreneur’s Guide to Starting and Running a Business is ranked third. Mariotti founded the Network for Teaching Entrepreneurship (NFTE), a non-profit organization that has taught thousands of people how to start their own small businesses. With just under 500 pages, this information-packed book provides substantial knowledge. Readers adore it!
#4. Mind Your Business by Ilana Griffo
This book is intended to assist readers in turning their creative passion into a profitable, full-time job. If you have a specific artistic gift, such as cooking, singing, or drawing, Griffo’s book can help you find out how to turn it into a full-time, rewarding career.
This book also focuses on aspects of business administration that most creatives are unfamiliar with, such as management, marketing, budgeting, and legal rules to help you preserve your assets.
#5. The Lean Startup by Eric Ries
Are all new businesses doomed to fail? Or are all failures the result of simple errors that might be avoided? According to Eric Ries, a startup faces a lot of uncertainty, and business planning may not be the best way to keep things running smoothly. This book provides a scientific approach to proper startup management, mostly through the application of innovation.
The Lean Startup provides entrepreneurs and would-be entrepreneurs with a semi-scientific, real-world method to constructing a business through validation, identifying a profitable business model, and developing a growth engine.
#6. Zero To One by Peter Thiel
You might think that we’ve learned everything and that there’s nothing new to develop at this time. That all of the greatest inventions have already emerged. And here’s where you might be mistaken: entrepreneur Peter Thiel confirms that there are still endless opportunities for us to develop something new. And all of this can be accomplished by harnessing your power and asking the correct questions in order to create the next innovation.
Zero To One is an inside look into Peter Thiel’s philosophy and method for launching a successful firm, based on the lessons he gained from creating and selling PayPal, investing in Facebook, and becoming a billionaire.
#7. The Hard Thing About Hard Things by Ben Horowitz
It’s wonderful to have your own business. To be honest, having a business and running it efficiently is difficult. In this book, Ben Horowitz shares essential experiences resulting from his achievement, which was not as easy to achieve as many people believe. To get right to the point, this book will address all of your questions, whether you already have your own business or are considering starting one.
#8. The $100 Startup by Chris Guillebeau
The $100 Startup teaches you how to break free from the 9-to-5 grind by combining your passion and abilities into your own micro business, which you can start for $100 or less and transform into a full-time income thanks to the power of the internet.
Nowadays, it is necessary to have a meaningful and purposeful life, but it is equally important to earn a good living. This book is packed with fundamental principles that will help you figure out exactly what you need to do to achieve the life you want. The best part is that it does not get lost in generalities, which may not provide you with the necessary understanding.
#9. The E-Myth Revisited by Michael E. Gerber
The E-Myth Revisited discusses why 80% of small businesses fail and how to avoid being one of them by developing a company that is based on processes rather than the work of a single person.
Do you want to discover how to effectively build your business? In this book, Michael Gerber provides the solution and leads you through all of the processes required to start a business. And it’s all acute insight from his own experience that will help you demolish all the myths about how one should work in business.
#10. Crush It by Gary Vaynerchuk
Crush It is the blueprint you need to turn your passion into a career, and it will provide you with the skills to turn yourself into a brand, harness social media, create amazing content, and reap the financial benefits.
What would you do if you could turn your dream or pastime into a profitable venture? This book will teach you how to turn your passions into a profitable business simply by utilizing the power of the Internet. And all of this by taking it one step at a time, in a world where the Internet and technology components are integral to our daily existence.
#11. The Art Of The Start by Guy Kawasaki
The Art Of The Start is your how-to guide for starting a business, covering everything from finding the right people to drafting a winning business plan and building your brand.
Sometimes all it takes is an idea to create something new – and that demands the determination to persevere in the face of adversity. If you think your idea will be difficult to put into reality, this book will provide you with all the information you need to keep trying, all based on the author’s nearly two decades of experience.
#12. The Power Of Broke by Daymond John
The Power of Broke teaches you how to turn a lack of money into a competitive edge in business by compensating with innovation, passion, and sincerity.
If desperate minds necessitate desperate tactics, then innovation should be included, as Daymond John did. What began as a simple notion became a global phenomenon, and all while he was broke. This book teaches you that sometimes all you need is a little optimism and your best effort to attain success – you never know when the ideal opportunity will knock.
#13. Rework by Jason Fried
Rework demonstrates why you need far less than you believe to start a business, showing why plans are actually damaging, how productivity isn’t a result of working long hours, and why employing and seeking investors should be your last alternative.
Do you believe that all of the outdated business advice you’ve been given by business books isn’t truly what you need to start your own company? What if there was a simpler and better approach to thrive in a business that didn’t involve, say, creating numerous business plans? This book uses an easy-to-understand technique to show you the route to not only productivity but also inspiration. Are you up for the task?
#14. Crushing It by Gary Vaynerchuk
Crushing It is Gary Vaynerchuk’s follow-up to his personal branding manifesto Crush It, in which he emphasizes the value of a personal brand and demonstrates the limitless possibilities that come with developing one today.
Your brand is crucial nowadays, and you must leverage it to be successful. And you may do so by utilizing social media – Gary presents us to those secrets in this practical guide, in which he compiled various experiences of people who have followed their dreams and gotten exactly where they wanted to be.
#15. The Four Steps To The Epiphany by Steve Blank
The Four Steps To The Epiphany teaches startups how to plan for and achieve success by providing instances of failed businesses and detailing the path they must take to thrive.
Do you want a book that provides simple, yet concrete illustrations of how businesses operate? This book demonstrates that not all startups succeed right away. This straightforward, step-by-step guide may become indispensable to you, as it provides valuable insight into how you should structure all aspects of your business in order for your startup to prosper rather than fail.
Which Book to Read to Start a Business?
The following are some of the best books on entrepreneurship:
- The Lean Startup by Eric Ries.
- Zero To One by Peter Thiel.
- The Hard Thing About Hard Things by Ben Horowitz.
- The $100 Startup by Chris Guillebeau.
- The E-Myth Revisited by Michael E. …
- Crush It by Gary Vaynerchuk.
- The Art Of The Start by Guy Kawasaki.
- The Power Of Broke by Daymond John.
Is 12 Months to 1 Million a Good Book?
12 months to $1 Million is a reliable, repeatable 10-step pathway for taking a business from zero to one million in a way that establishes a brand that can then be sold for millions of dollars in the future. Very clever formula. This is a highly recommended read.
How to Run a Small Business?
The following steps are included in How to Run a Business:
- Define clear KPIs.
- Make great marketing and branding.
- Draft a business plan.
- Keep innovating.
- Develop a strong company culture.
- Focus on financial goals.
- Refine business processes.
- Use the right tools for your growth strategy.
How Do I Decide What Business Idea to Start?
Choosing a Small Business Idea to pursue might be difficult, however, the following actions can help alleviate stress:
- Determine Your Passion.
- Research Your Small Business.
- Build a Business Plan.
- Consider Funding.
- Location and Business Model.
- Employees and Partners.
What Should a Business Book Include?
A business book contains the names and contact information of your previous and current customers. You can also give details about the types of business or transactions you’ve done with them. You can add new clients’ details to your book as they come in.
What Happens if You Read 100 Books a Year?
Reading 100 books in a year is a significant achievement. Most people will have their horizons and wits stretched to their limits. But it won’t make you smarter unless what you read has an impact on how you live. Knowledge on its own inflates.
How Many Books Do Rich People Read a Month?
Reading can help the typical millionaire grow and learn. According to Thomas Crowley’s research, 85 percent of self-made billionaires read two or more books per month. While recreational reading has its place, millionaires read books that promote self-improvement.
Conclusion
We believe that these 15 books on entrepreneurship are the greatest. Begin by reading the one that is most relevant to you, and then progress from there.
Most of us fantasize of living a life where we establish our own rules. But are we willing to accept responsibility for anything goes wrong along the way? When you’re an entrepreneur, you’re responsible for everything. Finally, you are the one in charge. You’ll need commitment and perseverance to make things happen, but just because the road is difficult at first doesn’t mean you should give up.
Related Articles
- INVESTING FOR BEGINNERS BOOK: 12 Great Options for 2023
- IV Crush: Implied Volatility Crush Overview (+ tips on how to avoid them)
- CORPORATE RECORD BOOK: Meaning, Importance & How to Get It
- INVESTING MONEY: Guide To Investing Money For Beginners
- Implied Volatility Options; How to Identify High & Low Volatility Options
References
