As an entrepreneur, any form of help is always welcome. Whether they are former colleagues, your family or investors, each of them is likely to offer their knowledge and skills or know-how during the creation of your start-up. However, the success or failure of your business is solely your own responsibility. Here are 5 books that every entrepreneur must read. These are tips or views on entrepreneurship that you may not have thought about.
“Getting to Plan B” by John Mullins and Randy Komisar
The book “Getting to Plan B” states that many startups must operate some form of pivot in the 18 months following their creation. Indeed, the founders become aware, in this period of time, what consumers really want.
Pivoting aims to give a new direction to the startup in order to avoid being in a situation of failure. John Mullins and Randy Komisar, the two authors of the book, strive to make entrepreneurs understand the importance of being flexible. In addition, they must continuously evaluate the performance of their business model in order to respond appropriately to the needs of their future customers.
Gary Hamel’s “Leading the Revolution”
Gary Hamel, author of the book “Leading the Revolution” is recognized as one of the best business writers of the last twenty years. The book “Leading the Revolution” deals with entrepreneurial innovation.
The secret of success according to Guy Hamel? The ability of a startup to take advantage of new ideas, innovation and growth. This book helps entrepreneurs understand how they can build the future of their startup.
“Confessions of a Venture Capitalist” by Ruthann Quindlen
Of the various ways to finance a business, venture capital is an area likely to frighten most entrepreneurs. Nevertheless, as the founder of a startup, it is up to you to understand the opinion investors have of your project.
Ruthann Quindlen’s book “Confessions of a Venture Capitalist” addresses the world of venture capital. The structure of the book is not akin to a textbook. Nevertheless, the author identifies himself as an entrepreneur who needs to really understand what venture capital is.
“Fundraising: Practical and Legal Aspects” by Simon Azan
Fundraising involves having knowledge of law and finance. Unfortunately, many entrepreneurs do not have such skills. The book deals in particular with the entry to the capital, the protection of the investment or the company, etc.
All these topics are explained by specialists in law and finance. When creating a startup, it is essential to think about the different legal steps to take. Through this book, entrepreneurs discover the most effective methods for raising funds, mistakes not to commit, investors likely to be interested in your project, etc.
Guy Kawasaki’s Reality Check
The Reality Check book, written by Guy Kawasaki, is a practical guide for entrepreneurship. Guy Kawasaki has chosen to address different themes in his book: fundraising, team building, good practices to respect when using social networks, etc.
According to Guy Kawasaki, the profile of a good entrepreneur is characterized by his ability to survive his startup. In addition, he provides advice on mistakes made regularly by entrepreneurs.
Becoming an entrepreneur can not be improvised. In addition to its own skills and willingness to create a sustainable startup, do not neglect the advice provided by seasoned entrepreneurs.