I have graduated with bachelor degree in Business Administration and Entrepreneurship 3 years ago, and looking to buy books that could help expand my knowledge in the area and help launch my own business. Currently I do not have a business idea, but I would like to have a book that works as a tool guide to starting my business. Since I have a background in Entrepreneurship, I am not looking for something too basic. Thank you!
Paul's idea is a good one, Ghadeer, except if you don't have an idea for a business, you may not have an idea of a vertical, either. It sounds like your background in Entrepreneurship is academic, rather than practical, so perhaps you need a bit of real-world work and life experience rather than another book.
Look around at the world and try to figure out something it needs or a way of doing something better. No book will help with that!
Good luck for the future!
There are a ton of great books out there but I would suggest the MFCEO podcast as a starting place. If you start at the beginning and run through the episodes you'll learn everything you need to know. I wish it would've been available 10 years earlier because I had to learn so many of the lessons discussed the hard way. I have read hundreds of business books and I would rate that podcast as more valuable than all of them combined. That said some of my favorites are:
Good to Great
Rich Dad Poor Dad
Lost and Founder
Built to Last
The Lean Startup
Start With Why
Building a Brand Story
I also like to read about great business people and would suggest:
The Everything Store
There are a lot of great books in the market. I started developing my business idea 7 months ago and these are the books I have used along the journey:
the lean entrepreneur by Seth Godin
the value proposition design by Alex Osterwalder (stratgyzer series)
business model generation (Alexander Osterwalder (Strategyzer series)
operating model canvas by Andrew Campbell (Startegyzer series)
The opportunity centred Entrepreneurship- David Rae
How business works (DK)
The art of opportunity by Marc Sniukas
the service innovation handbook- Lucy Kimbell
Note that the key is to implement the strategies in the book. Simply reading through without implementing won't do much good. Good Luck!
I've never, ever seen a book do the job better than an experienced mentor. Find one, no TWO seasoned veterans of your market vertical and start there.
“Startup Communities” edition 1 and 2 by Brad Feld; Startup Community by Ian Hathaway; Lean Startup and the Lean Startup Way by Eric Ries.
My book, The Slicing Pie Handbook, will teach you how to build a team using equity, instead of cash. Most early-stage startup teams share equity during the bootstrap stage and most of them create agreements for splitting the equity that are doomed to failure and will lead to founder disputes. The Slicing Pie model, on the other hand, always creates a perfectly fair equity split.
If you get your equity split wrong you will regret it forever. Success in business depends on a lot of things, how you experience success, however, is entirely based on your equity split!
Read the books if for no other reason to be able to evaluate who has experience from who is just quoting books. The art of the start, lean startup..etc. Always things you can pull. More advanced reading..the portable MBA in Entrepreneurship..written by Babson Faculty. It has some great exercises for advancing ideas. The Kid Stays in the Picture is an entertaining read and captures the entrepreneurial spirit of connecting the dots and seeing opportunities. Working on your own ventures is the best way to learn obviously. But like I say..if you read the books it will help you distinguish experience level when you are out there working with businesses.
readitfor.me is a great place to
The Art of the Deal with the one and only Donald Trump & Tony Schwartz.
It's about deal making in Real Estate but deal making initiative is a transferable skill.
No deal making, no business. No business, no revenues.
Your own business is good. We really need to train more entrepreneurs. I was a young entrepreneur but was told to work for others later in life. That's bad because what if you become disabled or can't get a job, then you're on unemployment, welfare or just broke.
Good you are starting your own business.