6 Must Read Books If You Are Starting Your Own Business
There are many reasons why you want to start a business. It may be that you want to follow your passion, be your own boss, make enough money to take early retirement or maybe even work from somewhere else in the world. Whatever the desire, starting your own business is a big learning curve.
Most of us have entertained the thought of starting our own business but many have struggled to turn those thoughts into actions. The truth is, it’s not easy. Along with family, a day job and all the other things that add up it can seem like you have to climb a mountain before you even get started. This doesn’t mean it’s impossible it just means that it takes time, hard work and direction to start seeing results. The process of becoming successful usually takes a number of years and is often a bumpy ride! So to help you along your entrepreneurial journey we have selected 6 must read books that will make your business life a little easier and hopefully more successful.
Success is the ability to go from one failure to another with no loss of enthusiasm. – Winston Churchill
A great place to start is by reading The Idea in You by Martin Amor and Alex Pellew. It’s certainly not one of those books that waffles on about vague, unrelatable advice with no real actionable information. In fact, it breaks down the reasoning and thought processes you need to get the seed of a simple idea into a money making business. It inspires you to take action – now. Martin and Alex underline the urgency to do things when you think of them and also reassuringly guide you through your early versions of an idea. It’s clear, thoughtfully written and includes the journey’s of other real life business’s to illustrate their unique paths to success.
In a nutshell: A bulletproof system for finding the right idea and shaping it in to a success – on your own terms.
Money is the oil that runs your business and if it runs out your business will break down. One of the keys to starting your own business is understanding money. Robert Kiyosaki’s best seller Rich Dad Poor Dad explains what the rich teach their kids in order to successfully manage their finances. The book follows the journey of Robert and his upbringing where he learns from his real father, a poor but well educated working man and his friends Dad who is a rich investor. Robert learns and compares the results of their actions and how they lead to financially different lives. It is a great starting point in understanding how to manage money and with the right know-how you can avoid some of the most costly mistakes when starting your own business.
In a nutshell: The financial know-how that is the difference between being rich or being poor.
Starting your own business is much easier today than it was before the world wide web. The internet has changed the way we communicate, work and socialise. It has disrupted industries, created new ones and enabled billions to connect across the world. Being online has meant everyone is able to access the wealth of information and online tools to help them build their dream business.
The $100 startup focuses on being able to start your own business with little or no money. It does sound like it’s easier said than done and the idea requires a lot of time and effort but starting small and ending up at a comfortable spot is certainly possible. The idea is that you can lose the shackles of your 9-5 and gain control of your life and do what you love. One of the great things about this book is that it gives you real examples of what small successful startups have done which provides you with some great insights and inspiration.
In a nutshell: Learn from people who have built a successful business for next to no money.
If we really think about it we aren’t spending money we are spending time. Time is the real currency as once you have spent it you cannot get it back. As most of us know we exchange time for money in the form of a job where we work for someone else. This work model satisfies most peoples needs but ultimately it comes with its limitations in the form of a salary, fixed hours, set holiday leave, limited flexibility etc. So what if we could earn money but not spend time doing it? This is the passive income model. With the 4-hour work week it explores the possibilities of working from anywhere and with minimal time spent you can enjoy your time how you want along with the benefits of a passive income.
In a nutshell: The blueprint to living more and working less.
In Zero to One, Peter Thiel offers his immense insight and experience as one of the the co-founders of PayPal and other successful ventures. In business it’s easy to replicate what others have already done by imitating and often replicating the success but in the long term this approach to business can stagnate innovation and ultimately leads to the creation of new ideas slowing to a halt. Thiel focuses on the idea that to truly innovate with ideas that will shape the future you need to make the shift from 0 to 1. This is illustrated by not redoing the same ideas to the nth degree but by looking to take big enough steps forward to break new ground. The book encourages you to think big and discusses ways to navigate your startup to reach it’s true potential.
A timeless book written by Dale Carnegie, published in 1936 still carries the same principles and advice on human relationships as it does to this day. Carnegie explores the way our behaviours, thinking and emotions affect the way we influence people and how we can conduct ourselves to foster better relationships in our business and personal lives. It is certainly one of the must read books if you are looking to broaden your opportunities and extend your network.
In a nutshell: Broaden your horizons and opportunities with timeless practical advice.