If you’re embarking on your own business venture, then you’ll need a solid business plan. Titles like The Lean Startup and Getting Real will help you learn about the concept of MVPs and how to pivot your company in response to market feedback. Meanwhile, Sun Tzu’s The Art of War can serve as a tactical guide for surviving in just about any industry. Beyond that, there are several other books that will help provide you with some much-needed insights that can help make or break your startup.
In this guide, we review the Best Books For Business Plan, most important books for business, What are the 7 steps of a business plan, and How do I create my own business plan?
Best Books For Business Plan
The business plan is the foundation of your company. If you don’t have one, you’re going to struggle to succeed in the long run. However, not all business plans are created equal—some are better than others. So which ones should you look into? Well, here are seven books that will help you develop a solid foundation for your new venture:
It’s Not About the Coffee: Leadership Principles from a Life at Starbucks
This book is not about the coffee. It’s about Starbucks, one of the most successful and respected companies in the world. Howard Schultz, former CEO and chairman of Starbucks Corporation, shares his life lessons from thirty years at Starbucks—from taking over a failing business to leading a team of 120,000 employees worldwide.
Schultz believes that leadership is about people: creating trust through respect, demanding excellence with compassion and providing hope for tomorrow through inspiration and inclusion. He offers his own personal experiences as examples for other leaders to follow when trying to achieve their goals in business or otherwise.
Why Your Business Needs a Blog
If you want to build your brand, blogging is a great way to do it. Blogging is an excellent way to get more exposure on social media and build relationships with customers. Blogging can also help you build trust with customers, which will lead them to become repeat buyers over time. Additionally, blogging can help you reach new audiences who may not be familiar with your business yet but are interested in what the company has to offer.
The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It
The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It is a business book by Michael Gerber, who believes that most small businesses fail because they’re run not by entrepreneurs but by managers who don’t know how to grow their companies beyond the first level. The book is meant to help readers become entrepreneurs, which means planning and executing your business plan with a clear vision of how each part of your company fits into the whole—and knowing when to hire professionals for assistance.
This book will help you recognize why many people fail at starting their own businesses, identify the common traits among successful small businesses (and what those traits look like), understand how you can use those traits in order to create an effective business plan for your own venture, and learn about other crucial aspects such as leadership skills and management philosophy.
Winning is a book that helps you think about your business in a new way. It’s based on the author’s experience as an entrepreneur and written in a simple style that you can read in just a few hours. The author has packed his book full of practical advice and will help you to find the best way for your business to succeed.
Guerrilla Marketing in 30 Days
This is the book for anyone who wants to start a business, but has no idea where to begin. It offers an easy-to-follow 30-day program that will help you create a business plan, develop marketing strategies and get your business off the ground.
It’s also very affordable—only $10 or less—which makes it perfect for people with tight budgets or limited resources. The author explains how he used guerrilla marketing techniques to build his own real estate investment company from scratch, so if you want some inspiration from someone who has done it himself (and made a lot of money doing so), this is definitely worth reading!
The book is about how to create a business that brings in money before you spend it. It discusses how to not be afraid of making mistakes, and how to use them as stepping stones for the next phase of growth.
The book also deals with finding people who will help you grow your business, handling stress, finding mentors and advisors, getting investment funding, motivating employees and understanding the financials behind your business.
The 4-Hour Workweek
The 4-Hour Workweek is a book by Timothy Ferriss that explores the idea of achieving more with less work. The book is actually based on the idea of outsourcing work to others, so it’s more about creating a lifestyle business than just working less. While some people find this concept exciting and liberating, others may find it overwhelming or ineffective in their industry.
If you’ve already got a business idea but aren’t sure how to make it profitable or if you want to start your own business but don’t know where to begin (or what kind), this could be the right choice for you!
The 7 Habits of Highly Effective People
The 7 Habits of Highly Effective People by Stephen Covey is a bestseller that has been selling since its release in 1989. The book offers an approach to achieving personal effectiveness, based on the author’s own experiences with leadership and management. It is written as a self-help book, where people who want to become more effective can learn how to do so through their own actions and commitments.
The book starts by introducing the idea that there are two types of success: external success and internal success. External success comes from what other people think about you; it’s often measured by money or status, but it’s not necessarily all that satisfying because it doesn’t measure how much value your life brings others (which might be less than you think). Internal success, on the other hand, is self-defined—it’s about finding happiness within yourself rather than trying to find validation from outside sources like your spouse or boss at work.
Next up are habits 1-3: Be Proactive; Begin With The End In Mind; Put First Things First.” The first habit teaches you not just react when events occur around you (which could lead down several paths) but instead take charge of those same events so they can be used for good instead bad—for example if someone does something wrong toward us we have choices about how we respond instead letting anger cloud our judgment.”
most important books for business
Hundreds of great business books come out every year. It’s not possible to read them all, but the best business books attract readers and positive reviews long after their publication dates.
Here are seven great business books that can help entrepreneurs and leaders at all stages of their careers.
1. Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine (2014) by Mike Michalowicz
Profitable business owners are sometimes surprised to find money leaves the business almost as quickly as it arrives. This book provides a system for small business owners who want to take charge of their cash and grow a business.
I interviewed Michalowicz in 2019. He told me, “I say, ‘How do I get the same results I’ve always had, if not better, with less money?’ And I start thinking outside the box.”
2. The E Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It (1995) by Michael E. Gerber
Before Tim Ferriss’s The 4-Hour Workweek was The E Myth (1986). The title fooled me at first. Gerber’s book isn’t about running an online business.
Instead, Gerber explains how business owners or entrepreneurs of all types can set up a business that runs without their intervention.
He writes, “If your business depends on you, you don’t own a business—you have a job. And it’s the worst job in the world because you’re working for a lunatic!”
3. The Effective Executive: The Definitive Guide to Getting the Right Things Done (1966) by Peter F. Drucker
Published way back in 1966, Drucker’s advice for executives holds true today. It’ll help a busy person accomplish more at work either as an executive or manager. The book also covers how to manage upward and master effective delegation.
Expect gems like, “Unless commitment is made, there are only promises and hopes; but no plans,” and, “Management is doing things right; leadership is doing the right things.”
This classic business book also pairs nicely with Drucker’s much shorter book published by Harvard Business Review Classics in 2008, titled Managing Oneself.
4. Deep Work: Rules for Focused Success in a Distracted World (2016) by Cal Newport
Knowledge work is tough. It lacks hard edges and can feel endless. What’s more, many of the tools and services clamour for our attention through instant messaging, notifications and endless feeds.
This book explains what to do about distractions and how to focus on long-term projects. Unlike a lot of other business books, it contains practical advice for creative people too.
Read it for advice like, “If you don’t produce, you won’t thrive—no matter how skilled or talented you are.”
5. Getting Things Done: The Art of Stress-Free Productivity (2001) by David Allen
This is one of the most famous productivity books in recent years. Allen’s work was also a hit in Silicon Valley. Getting Things Done details how to build a system for capturing ideas and working on the right things at the right time. As Allen writes, “Your mind is for having ideas, not holding them.”
Allen also recommends overloaded executives and entrepreneurs review their priorities and workload once a week. This practice, known as a weekly review, will help you focus on what matters during the week ahead.
6. Great by Choice: Uncertainty, Chaos, and Luck—Why Some Thrive Despite Them All (2011) by Jim Collins
To be honest, any Jim Collins title belongs in a list like this. He excels at profiling large companies and the decision-makers behind them.
Some of the companies profiled in his older book From Good to Great (2001) have since disappeared, making this title more relevant today. If you’re serious about running a larger business, Collins’s books are required reading.
Expect gems like, “When you marry operating excellence with innovation, you multiply the value of your creativity.”
This book also pairs nicely with Collins’s more recent written study of about 30 pages titled Turning the Flywheel: A Monograph to Accompany Good to Great (2019), which also applies to creative work.
7. The 4 Disciplines of Execution: Achieving Your Wildly Important Goals (2012) by Chris McChesney, Sean Covey and Jim Huling
I put off reading this book for a few years, as I thought it was a derivative of The 7 Habits of the Highly Effective People: Powerful Lessons in Personal Change by Sean’s father, Stephen R. Covey.
In fact, this book is a gem of its own. Read it to discover why most executives and entrepreneurs set lag measures for their goals they’ve no real control over. The author also explains why it’s far better to set lead measures you can influence rather than lag measures that come after the fact.