Becoming a business owner can be the most rewarding career path you ever dreamed of. But it takes a lot of work and requires you to wear many different hats. Not only must you learn how to manage the day-to-day operations and market your company, but you have to handle a slew of tasks before you even launch your business!
Here’s the thing: If you have a fire to start a business, it’s likely that no other career path will satisfy you. And instead of stressing about all the moving parts of getting a company up and running, you can start studying and preparing today! ibooksta has listed six of the best small business books for your reading:
1. The Art of the Start 2.0 | Guy Kawasaki
If you’re looking for a good book to start with The Art of the Start 2.0 is hard to beat. The title says it all; this book will introduce you to many business fundamentals that can help you develop a healthy mindset for laying a foundation for a flourishing company.
One of the key ideas discussed is how most entrepreneurs fail because they never get out of an employee mindset. Kawasaki declares that “entrepreneur is a state of mind, not a job title.”
2. Financial Statements, Third Edition | Thomas R. Ittelson
Being able to read and interpret financial statements is a critical skill for anyone operating a business. Financial Statements by Thomas R. Ittelson is an excellent primer on the specified language of accounting and the three primary financial statements used to evaluate a company’s health.
Knowing how to read financial statements is necessary and so is easy to use bookkeeping software that can generate those statements. With good accounting software, you’ll be able to not only evaluate your company’s financial position quickly and accurately, you’ll also be able to make better decisions to positively affect your company’s future. Best of all, your software can scale with your business needs, ensuring that you’ll always have the right tools for the job.
3. Crushing It! | Gary Vaynerchuk
Gary Vaynerchuk is well-versed in the art of branding and a respected professional among entrepreneurs. Crushing It! provides fundamental and unique strategies for building a business brand from the ground up. Ultimately, it will help your company resonate with your target market without forgetting about your mission and values in the process.
4. Atomic Habits | James Clear
Atomic Habits by James Clear is all about maximizing productivity. Time is of the essence when it comes to starting a business, and you will want to have habits in place that help you capitalize on each minute of the day. This book will teach you how to make small-but-significant changes over time that can boost your chances of long-term success.
5. Profit First | Mike Michalowicz
Financial management is one of the leading challenges of starting and running a business. Your business must make money, but you also have to know how to pay yourself while investing back into your business for growth. Profit First breaks this down into a simple, easy-to-understand formula that you can grasp—whether or not you are naturally good with numbers.
6. Successful Business Plan: Secrets & Strategies | Rhonda Abrams
Successful Business Plan: Secrets & Strategies by Rhonda Abrams is one of the best books to read on this subject. It’s widely distributed, and the author has written more than a dozen books on entrepreneurship and business leadership.
This book will break down the process of creating a business plan, and provide tips for beating your competitors and impressing investors. From researching to writing to formatting, read this book if you want to create a killer business plan from start to finish that spurs your business onward.
No one inherently knows everything they need to start a thriving business. While experience is an effective teacher, you can also learn many entrepreneurial principles and strategies by reading well-regarded business books like those above. Along with exploring these titles, keep researching other books and materials that can help you achieve your goals. And be sure to check out ibooksta for great book reviews!