A guide to learning general business concepts
Learn General Business Concepts
So, you have decided starting a business is right for you. We know it can be VERY exciting, but if you want to increase your chances for long-term success, you have to understand some basic business concepts. No, these are not “school like” accounting and documentation concepts.
We feel that you should do some more reading. Yes, please PLEASE read some more. Before you attempt to set up any accounts or document or create a logo or slogan of your idea, read these business books.
- Read, The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses – Before you actually “Start… start” your business, we suggest that you bring your idea through business model testing. Testing your idea and concept will allow you to learn what doesn’t work until you finally understand what does. You actually NEED to do some failing. This book will help you understand the starting concepts and ideas behind testing your ideas.
- Read, The E Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It – Successful businesses are run like a well-oiled machine. This book will take you through the life cycle of business and applying lessons to operating your business with process.
- Read, Shark Tank Jump Start Your Business: How to Launch and Grow a Business from Concept to Cash – Entrepreneurship is confusing. Start with Re-confirming the desire to start a business and work to pitching your business idea. Get tips and insights from the entrepreneur panel on the hit tv show Shark Tank.
- Read, The 10X Rule: The Only Difference Between Success and Failure – Now its time for some high intensity motivation to go into your next step. You need to take massive actions. Many entrepreneurs suffer from analysis peralysis (wiki link), and don’t take action. Get pumped up, stop thinking, and start DOING the next steps to get your business started.