Want to be an entrepreneur? Start by reading a book.
The world is full of people who, while toiling away within an organization, dream of one day owning their own company or turning their hobby into a business.
Here is a book that these people should read as a first step, before they reach the business planning stage, to better understand the kind of business they could create and what would suit them. It was recommended to me by the boss of a venture capital firm, a definitive volume for small business, crammed with lots of relevant expertise.
The E-Myth Revisited – Why Most Small Businesses Don't Work and What to Do About It.
The most salient point in Michael E. Gerber’s book is that a person who starts a business needs three skill-sets. He or she needs to be an “entrepreneur” (a visionary who craves change), a “manager” (a pragmatist with a knack for administration) and a “technician” (a hands-on individualist). The book tells us that the three skill-sets compete for supremacy, and it is when they are in balance that business magic can occur.
This book is useful in allowing you to objectively discover your own business propensities.
But it's not really about the book
The benefits of reading are more far-reaching than the knowledge in the book, beause many entrepreneurial minded individuals may continue to waver in their decision to strike out on their own.
Even some experienced small business owners will look back on the significant benefits of working for an organisation, not purely because of job security. There are the structured work processes, being able to connect with others, and being part of a larger community.
As such, it is common for people who want to start a business to keep thinking about it, but get carried away by the busyness of each day without ever making any definitive plans.
For them, picking up a book and gaining a new awareness from reading the words of those ahead of them in the entreprenurship journey, could help supply them the courage to take the first step.