This article is a compilation of the best small business management books specifically written for entrepreneurs. This is a continuation of a series I started sometime ago; where I recommended to you high impact business books written specifically for entrepreneurs. Just like I said in the previous part of this series, I am recommending these business books based on the three criteria below.
a) I have read each of them and found the content highly valuable. This means that you are bound to pick up one or two lessons when you read them.
b) The authors of these business books are experienced in their field and best of all; they are doers, not just preachers. They practice what they preach.
c) The business books I am recommending have helped its readers to achieve breakthrough results in their respective businesses and I am a reader who has benefited.
I am adding these small business management books because management, as well as leadership is highly vital to undergoing the entrepreneurial process successfully. Having said all this; below are five small business management books I highly recommend for entrepreneurs interested in building a business from scratch.
Five Highly Recommended Small Business Management Books for Entrepreneurs
1. Competitive Strategy – Michael Porter
When it comes to competitive strategy and strategic planning, Michael Porter is the genius to listen to. Michael Porter in this great book outlines steps on how to effectively and strategically thwart your competitors marketing efforts with minimal budget. If you are interested in learning how to make strategic calculations and moves that will position your business for success, then please order your own copy of Competitive Strategy: Techniques for Analyzing Industries and Competitors.
2. How to manage your business and get results – by Peter Drucker
Peter Drucker is referred to as the father of modern management and he really proved it in his book “How to manage your business and get results.” I have read this book, applied its lessons and measured its impact on my business; which I can say was impressive.
If you are seeking information to help you gain a stronger hold on your cash flow and increase profitability, then this book is for you. With lessons ranging from how to take key decisions in your business and measure the impact to analyzing your business financial status to positioning your business for growth and expansion, you are sure to find one or two business lessons that will prove useful to your business.
To be sincere, the information contained in this book is priceless and I hope to do a more detailed review on it in the near future. But if you can’t wait till then, I will recommend you get a copy of How to manage your business and get results “The Practice of Management”from Amazon bookstore.
3. Business at the speed of thought – Bill Gates
I read the book ” Business @ the Speed of Thought: Succeeding in the Digital Economy ” a few years ago and I can confidently say that its lessons have stuck with me all these years. Business at the speed of thought simply reveals in details how to strategically use information to gain a competitive edge over your competitors.
One of the main reasons I recommend this book is because its lessons and impact has been tested and proven by one of the richest men in the world; Bill Gates. If using information to gain undue advantage interest you, then order your copy of this book “Business @ the Speed of Thought: Succeeding in the Digital Economy”from Amazon bookstore.
4. Competitive Advantage – by Michael E. Porter
This is another awesome book by Michael Porter. Just as the name implies, the book was specifically written to provide entrepreneurs with strategies and tactics that will help their businesses gain undue advantage over competitors. This book will open your eyes to some little overlooked things in your business that make big differences; and also teach you how to use them to your advantage. If you are looking to position your business as an invincible force in the market place, then get a copy of the book “Competitive Advantage: Creating and Sustaining Superior Performance” from Amazon and read.
5. The E-Myth Revisited – by Michael Gerber
I have done an in-depth review on this book but I just can’t stop recommending it to loyal readers of this blog and the reason is this; the book contains practical strategies for small business owners. This book explains in detail why most small businesses don’t work and what you can do about it. If growing your business from a small startup to a big business is your concern, then I will recommend you read the book “The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It.“
As a final note, I will also advice you read The Mafia Manager. I would have added The Mafia Manager to the list above but it’s never too late. “The Mafia Manager : A Guide to the Corporate Machiavelli,” contains shrewd, ruthless business management strategies that shuns conventional wisdom. Keep a date with us as I bring to you more result producing books.