Advertising
Advertising

20 Books to Read Before You Start Your Own Business

20 Books to Read Before You Start Your Own Business

If you dream of starting your own business, there is a way to go around enrolling to business school. Many successful CEOs have actually never been to college and yet they are among the most knowledgeable individuals in their business and industry. You can turn to a more grassroots approach to learn everything you need to know about starting a business by reading the words of those who have been down the entrepreneurial path before.

While no single business “How-to” or “”How-I” book contains all the information you need to launch a successful business, a collection of quality books can help you glean vital wisdom and inspiration before you take the plunge. Here is a list of 20 books I would comfortably recommend to any serious would-be founder.

1. Will It Fly? by Thomas K. McKnight

Will It Fly by Thomas K. McKnight

    One of the biggest questions aspiring founders grapple with before they make the leap into entrepreneurship is how to know if their new business idea has wings. Will the business idea take off or fall flat? McKnight offers a 44-item checklist drawn from his immense depth of experience in business launches to help you evaluate your new business ideas. His book will guide you through everything from evaluating your personal attitudes to your business exist strategy. In the end, you should have a clear idea of what your chances of success are.

    2. Lucky Or Smart? by Bo Peabody

    Lucky Or Smart by Bo Peabody

      Bo Peabody was an Internet multimillionaire by his late twenties after co-founding five different companies in different industries. Was Peabody plain lucky or smart to have achieved this feat at his age? He addresses this question in his book and helps us understand how luck and intelligence work together. Peabody notably observes that he was at least smart enough to know when he was getting lucky and goes in depth to teach us how we too can cultivate the same perception and advantage.

      3. The Fire Starter Sessions by Danielle LaPorte

      The Fire Starter Sessions by Danielle LaPorte

        If you’ve been timid about taking the plunge into entrepreneurship, Danielle La Porte’s book is designed to give you that little nudge you need to get right on with it and launch your biz. This beautifully written book, chock-full of personal anecdotes and motivational goodies features 16 elaborate startup sessions that will shake action out of you. This is a pleasurable, self-help read that is definitely one to consider if you are looking for something to get you fired up for the entrepreneurial journey ahead.

        Advertising

        4. Million Dollar Consulting by Alan Weiss

        Million Dollar Consulting by Alan Weiss

          Million Dollar Consulting is what many people in business circles call the consultant’s bible. The book has earned Alan Weiss the enviable tag of “Rock Star of Consulting.” If you are selling yourself into the C-suite, this is your book. The book covers the fundamentals from setting up your office to writing proposals and delegating labor, as well as effective networking and pricing strategies.

          5. Start Run & Grow a Successful Small Business by Toolkit Media Group

          Start Run n Grow a Successful Small Business by Toolkit Media Group

            If you are looking for the perfect all-in-one small business reference book, this is one of the best references you will get. The book walks you through the entire process of setting up a business from planning to accounting and staffing with handy checklists, case studies and model business plans to help you start and grow your business. You will learn effective human resource management strategies including payroll, benefits, hiring and firing methods.

            6. The Barefoot Executive by Carrie Wilkerson

            The Barefoot Executive

              Wilkerson’s personal story of how life circumstances forced her to work from home is both inspiring and enlightening. If you are thinking of starting a home-based or online business, this book is for you. The book tackles topics like how to find your target market, develop effective marketing strategies and build your brand with easy-to-understand and follow charts and tables. This is a good read for all those in “soft” services like online marketers, consultants and other service providers.

              7. The Business Start-Up Kit by Steven D. Strauss

              The Business Start-Up Kit by Steven D. Strauss

                Steven D. Strauss, small business columnist for USAToday.com and one of the nation’s foremost authorities on small businesses, certainly knows his game. In this book, Strauss offers a compendium of valuable information to benefit every aspiring founder who wants to start and succeed in business. He explains what works and what doesn’t work in start-ups and offers ample tips and guidance on, among other things, picking a business and why one’s passion is important.

                Advertising

                8. Start Your Own Business by Rieva Lesonsky

                Start Your Own Business by Rieva Lesonsky

                  Who are better placed to understand what it takes to start a business than Rieva Leonsky and the editors of Entrepreneur magazine? This book that bears the tagline: “The only start-up book you’ll ever need” is thorough in a quest to live up to its high premise. Now in its fourth edition, the book has sold more than 200,000 copies and become widely regarded as the quintessential business start-up book for people starting their own businesses.

                  9. The Art of the Start by Guy Kawasaki

                  The Art of the Start by Guy Kawasaki

                    Guy Kawasaki’s startup classic is a great replacement for whatever textbook you would use in an entrepreneurship class to prepare for business ownership. The book offers insider information on a wide range of topics, covering all stages of the start-up process from raising money to motivating staff. Kawasaki offers many golden nuggets of information like how investors will view you, which is helpful for those seeking external financing.

                    10. Escape from Cubicle Nation by Pamela Slim

                    Escape from Cubicle Nation by Pamela Slim

                      If you are currently an employee for a corporation somewhere silently wishing you could start your own business and be your own boss, this book is for you. If you recently left your corporate job to start your own business, this book is for you too. Pamela Slim lucidly explains everything you need to know about starting a business before and soon after you take the plunge from how to get clients to how to get insurance. She offers valuable guidance and motivation that will re-energize and reinforce your commitment to escape the corporate cubicle horde for good.

                      11. The Business Planning Guide by David H. Bangs Jr.

                      The Business Planning Guide by David H. Bangs Jr.

                        The Business Planning Guide is one of those sobering guide books that offer a reassuring voice of experience when venturing into the unknown waters of business startups. Bangs Jr., a former banker and entrepreneur, draws on his vast experience and provides expert guidance on different aspects of launching a new business venture, including how to analyze your business strengths, weaknesses, opportunities and current market conditions. Some people consider this book an essential “compass” and “map” for anyone embarking on the entrepreneurial journey for the first time.

                        Advertising

                        12. Startup from the Ground Up by Cynthia Kocialski

                        Startup from the Ground Up by Cynthia Kocialski

                          Kocialski is a talented writer and her book a handy resource for anyone with a new business idea but isn’t sure where to begin. The book provides useful information to help you transform your idea into a business. You will learn how to take your service or product concept and translate it into a viable business model, as well as how to seek funding and recruit and hire an effective team. If you are ready to build a successful business not just a job, grab this book and read everything the author has to say.

                          13. The $100 Startup by Chris Guillebeau

                          The $100 Startup by Chris Guillebeau

                            The $100 Startup is a book I enjoyed reading both for the pleasure of it and value it provides. Guillebeau gives a rousing case for creative thinking and how you can (and should) leverage your natural talent or long-loved hobby to build a thriving business. He gives compelling case studies of somewhat-accidental, but passionate entrepreneurs who built businesses earning more than $50,000 from very modest budgets (often $100 or less). If you’re looking to build a small business that allows you to lead a location independent lifestyle of adventure, meaning and purpose, this is the book that will point you in that direction.

                            14. The Lean Startup by Eric Ries

                            The Lean Startup by Eric Ries

                              The Lean Startup is a book you will find handy if you are looking to start a software or technology-based business. Author Eric Ries shares insightful stories and case studies from his experience with software startups and other companies during the dot com boom. Ries teaches on the principles of lean manufacturing and advocates continuous innovation tocreate radically successful businesses. You will find this book especially valuable if you lack experience in creating and measuring business processes.

                              15. The E-Myth Revisited by Michael Gerber

                              The E-Myth Revisited by Michael Gerber

                                Michel Gerber is credited for popularizing the important distinction between working “on” and working “in” your business. If you don’t know what the distinction is, you need to grab this underground bestseller and find out. The book will walk you through the entire steps in the life of a business from idea infancy, through to the troubling pains of business adolescence and the sweet stage of business maturity, as well as dispel any myths surrounding starting a business that you may have. You will also learn how common place advice and assumptions can get in the way of establishing a successful business.

                                Advertising

                                16. The Startup Owner’s Manual by Steve Blank

                                The Startup Owners Manual by Steve Blank and Bob Dorf

                                  If you are thinking of starting a Silicon Valley style scalable startup, this bestselling classic by Silicon Valley serial-entrepreneur and academician Steve Blank is a near-encyclopedic guide you ought to get. The book offers a scientific approach to entrepreneurship that emphasizes on the need for “rigorous and repeated testing” to unlock the secret to startup success. The authors draw from The Four Steps to the Epiphany, one of the most influential and practical customer development business book available.

                                  17. Rework by Jason Fried and David Hansson

                                  Rework by Jason Fried and David Hansson

                                    Rework is a collection of essays drawn from the authors’ design and usability blog, Signal vs. Noise by 37signals.com. The authors lay bare the philosophies and strategies that have helped propel 37signals to its enviable success with the aim to inspire us to put the strategies into practice. If you would like to hear an alternative voice to much of the startup advice given out there and learn how to make money as a primary goal in the early part of your startup, this is a quick-read book you should definitely get.

                                    18. The 4-Hour Workweek by Timothy Ferriss

                                    The 4-Hour Workweek by Timothy Ferriss

                                      It’s difficult to read The 4-Hour Workweek without feeling fired up and ready to go. The book is fun, inspirational and quite motivational. It teaches the intricacies of how to create an automated income-generator that leaves you free to pursue your other passions, such as traveling. If you’ve heard of the Pareto Principle (otherwise known as the 80/20 rule), this book explores surprising applications of the principle and offers some useful information about building a successful web business.

                                      19. Flying Without a Net by Thomas J. DeLong

                                      Flying Without a Net by Thomas J. DeLong

                                        Flying Without a Net isn’t exactly about how to start a business, but it explores a series of personality traits and anxieties among would-be entrepreneurs that often sabotage the very success high achievers seek when starting a venture. The book teaches how to draw strength from your vulnerability and adopt practices that give you the courage to “do the right things poorly” before “doing the right things well.” If you like a little psychoanalysis and would like to realign your entrepreneurial sensibilities, this is a book that should be at the top of your reading list.

                                        20. Founders at Work by Jessica Livingston

                                        Founders at Work by Jessica Livingston

                                          Founders at Work is a brilliant collection of interviews with successful entrepreneurs from the 80s and 90s sprinkled with an adequate dose of newer blood. The book is weighted more toward inspiration than technical instruction, but there is nothing quite like hearing the stories of the world’s most celebrated founders like Steve Wozniak (Apple) and Max Levchin (PayPal) tell us straight how it was for them in the very early days. You will hear how these entrepreneurs got the ideas that made them rich, launched their businesses, went out of business, overcame start-up challenges and the lessons they learned along the way. If I could recommend only one book to a new entrepreneur, this would be it.

                                          More by this author

                                          David K. William

                                          David is a publisher and entrepreneur who tries to help professionals grow their business and careers, and gives advice for entrepreneurs.

                                          25 Memory Exercises That Actually Help You Remember More 12 Simple Ways to Boost Your Confidence Right Now 10 Amazing Health Benefits Of Beer You Probably Never Knew 15 Funny Idioms You May Not Know (And What They Actually Mean) Great Leaders Remember to Offer These 10 Things All The Time

                                          Trending in Productivity

                                          1 How Not to Feel Overwhelmed at Work & Take Control of Your Day 2 13 Work Life Balance Tips for a Happy and Productive Life 3 How to Commit, Achieve Excellence And Change Your Life 4 How to Stay Consistent and Realize Your Dreams 5 How to Set Goals in Life to Achieve the Success You Want

                                          Read Next

                                          Advertising
                                          Advertising
                                          Advertising

                                          Last Updated on July 13, 2020

                                          How Not to Feel Overwhelmed at Work & Take Control of Your Day

                                          How Not to Feel Overwhelmed at Work & Take Control of Your Day

                                          Overwhelm is a pernicious state largely caused by the ever-increasing demands on our time and the distractions that exist all around us. It creeps up on us and can, in its extreme form, leave us feeling anxious, stressed and exhausted.

                                          If you’re feeling overwhelmed at work, here are 6 strategies you can follow that will reduce the feeling of overwhelm; leaving you calmer, in control and a lot less stressed.

                                          1. Write Everything down to Offload Your Mind

                                          The first thing you can do when you begin to feel overwhelmed is to write everything down that is on your mind.

                                          Often people just write down all the things they think they have to do. This does help, but a more effective way to reduce overwhelm is to also write down everything that’s on your mind.

                                          For example, you may have had an argument with your colleague or a loved one. If it’s on your mind write it down. A good way to do this is to draw a line down the middle of the page and title one section “things to do” and the other “what’s on my mind”.

                                          The act of writing all this down and getting it out of your head will begin the process of removing your feeling of overwhelm. Writing things down can really change your life.

                                          2. Decide How Long It Will Take to Complete Your To-Dos

                                          Once you have ‘emptied your head,’ go through your list and estimate how long it will take to complete each to-do.

                                          Advertising

                                          As you go through your list, you will find quite a few to-dos will only take you five or ten minutes. Others will take longer, often up to several hours.

                                          Do not worry about that at this stage. Just focus on estimating how long you will need to complete each task to the best of your ability. Here’s How to Cultivate a More Meaningful To Do List.

                                          3. Take Advantage of Parkinson’s Law

                                          Now here’s a little trick I learned a long time ago. Parkinson’s Law states that work will fill the time you have available to complete it, and us humans are terrible at estimating how long something will take:((Odhable: Genesis of Parkinson’s Law))

                                            This is why many people are always late. They think it will only take them thirty minutes to drive across town when previous experience has taught them it usually takes forty-five minutes to do so because traffic is often bad but they stick to the belief it will only take thirty minutes. It’s more wishful thinking than good judgment.

                                            We can use Parkinson’s Law to our advantage. If you have estimated that to write five emails that desperately need a reply to be ninety minutes, then reduce it down to one hour. Likewise, if you have estimated it will take you three hours to prepare your upcoming presentation, reduce it down to two hours.

                                            Reducing the time you estimate something will take gives you two advantages. The first is you get your work done quicker, obviously. The second is you put yourself under a little time pressure and in doing so you reduce the likelihood you will be distracted or allow yourself to procrastinate.

                                            Advertising

                                            When we overestimate how long something will take, subconsciously our brains know we have plenty of time and so it plays tricks on us and we end up checking reviews of the Apple Watch 4 or allow our colleagues to interrupt us with the latest office gossip.

                                            Applying a little time pressure prevents this from happening and we get more focused and more work done.

                                            4. Use the Power of Your Calendar

                                            Once you have your time estimates done, open up your calendar and schedule your to-dos. Go through your to-dos and schedule time on your calendar for doing those tasks. Group tasks up into similar tasks.

                                            For emails that need attention on your to-do list, schedule time on your calendar to deal with all your emails at once. Likewise, if you have a report to write or a presentation to prepare, add these to your calendar using your estimated time as a guide for how long each will take.

                                            Seeing these items on your calendar eases your mind because you know you have allocated time to get them done and you no longer feel you have no time. Grouping similar tasks together keeps you in a focused state longer and it’s amazing how much work you get done when you do this.

                                            5. Make Decisions

                                            For those things you wrote down that are on your mind but are not tasks, make a decision about what you will do with each one. These things are on your mind because you have not made a decision about them.

                                            If you have an issue with a colleague, a friend or a loved one, take a little time to think about what would be the best way to resolve the problem. More often than not just talking with the person involved will clear the air and resolve the problem.

                                            Advertising

                                            If it is a more serious issue, then decide how best to deal with it. Talk to your boss, a colleague and get advice.

                                            Whatever you do, do not allow it to fester. Ignoring the problem will not make it go away. You need to make a decision to deal with it and the sooner you do so the sooner the problem will be resolved. (You can take a look at this guide on How To Make Good Decisions All The Time.)

                                            I remember long ago, when I was in my early twenties and had gone mad with my newly acquired credit cards. I discovered I didn’t have the money to pay my monthly bills. I worried about it for days, got stressed and really didn’t know what to do. Eventually, I told a good friend of mine of the problem. He suggested I called the credit card company to explain my problem. The next day, I plucked up the courage to call the company, explained my problem and the wonderful person the other end listened and then suggested I paid a smaller amount for a couple of months.

                                            This one phone call took no more than ten minutes to make, yet it solved my problem and took away a lot of the stress I was feeling at the time. I learned two very valuable lessons from that experience:

                                            The first, don’t go mad with newly acquired credit cards! And the second, there’s always a solution to every problem if you just talk to the right person.

                                            6. Take Some Form of Action

                                            Because overwhelm is something that creeps up on us, once we feel overwhelmed (and stressed as the two often go together), the key is to take some form of action.

                                            The act of writing everything down that is bothering you and causing you to feel overwhelmed is a great place to start. Being able to see what it is that is bothering you in a list form, no matter how long that list is, eases the mind. You have externalized it.

                                            Advertising

                                            It also means rather than these worries floating around in a jumbled mess inside your head, they are now visible and you can make decisions easier about what to do about them. Often it could be asking a colleague for a little help, or it could be you see you need to allocate some focused time to get the work done. The important thing is you make a decision on what to do next.

                                            Overwhelm is not always caused by a feeling of having a lack of time or too much work, it can also be caused by avoiding a decision about what to do next.

                                            The Bottom Line

                                            Make a decision, even if it is to just talk to someone about what to do next. Making a decision about how you will resolve something on its own will reduce your feelings of overwhelm and start you down the path to a resolution one way or another.

                                            When you follow these strategies to can say goodbye to your overwhelm and gain much more control over your day.

                                            More Tips for Reducing Work Stress

                                            Featured photo credit: Andrei Lazarev via unsplash.com

                                            Read Next