Skeptics state that, if advices
were worth something, they wouldn't be given - they would rather be
sold.
However, I have known so many victims of the "financial illiteracy" - I
myself am one of them - that I couldn't refrain from sharing the
extremely
useful knowledge that I have recently acquired. The reading of a good
book
allows for the most inexpensive and at the same time most effective
growth.
The results may not be immediate, but when they come up - and they
certainly
do - every minute of reading turns into a fantastic investment.
My first recommendation is "Rich Dad, Poor Dad - What the rich teach their kids about Money - that the poor and middle class do not" by Robert T. Kiyosaki (ISBN 0-9643856-1-9). All our educational system is dedicated to forming vassals. That is certainly an unambitious goal for talented people who could grow and produce much more if properly educated. Robert Kiyosaki's style is light and pleasant, and the knowledge he transmits is extremely practical and useful.
Accounting is another very important area many entrepreneurs lack knowledge in. Financial literacy - the ability to read and understand financial statements - allows for the identification of the strengths and weaknesses of any business. So, visit your local library and look for a good book on the subject. I hope to have a few to recommend in the near future.
Finally, I am currently reading a very interesting book on the spirit that should guide entrepreneurs: "The portable MBA in Entrepreneurship" by William D. Bygrave (ISBN 0-471-57780-4), the cover of which says "Complete coverage of what leading business schools teach about Entrepreneurship. Insights on marketing, financing, planning, legal and tax strategies, and more."
To
finish, I quote Nike's brief
and precious advice:
Just
do it!
I
believe the value of action can
never be overestimated.