The Best Books for Starting an Online Business in 2022

Module 1.04

Why are books a good source of information?

Books are a great way to absorb and digest a new subject matter.

They’re generally packaged up in a structured manner and have been reviewed before publishing.

This generally makes them easier to follow and understand.

The other great benefit to books is many are now available on Amazon.

This allows you to not only get digital copies (Kindle) at a lower price than a physical copy but also check out reviews and see what other people think before you spend your precious money.

If you prefer a physical copy then you usually have that option as well.

I like the idea of having it instantly available for download.

I almost prefer reading books on my smartphone, rather than on my tablet at times.

On most smartphones and tablets, you’ve got the option to adjust the font type and size. Some also now allow you to adjust them, so they have less blue light, so it doesn’t put as much strain on your eyes.

If you’re tight on budget and cannot borrow these books from a library, friend, or family member that may have them, then the books I highly recommend you at least read are these:

Rich Dad Poor Dad

  • 4.7 out of 5 stars with about 54,000 reviews (as of the time of writing)
  • 336 pages
  • Summary:
    • Written by Robert Kiyosaki who is now a multimillionaire
    • One of the main books about finance and business
    • Changing your mindset about money
    • This book is about Robert’s story of growing up with two dads ― his real father and the father of his best friend, his rich dad ― and how both men shaped his thoughts about money and investing.
    • The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you
    • Explodes the myth that you need to earn a high income to become rich
    • Challenges the belief that your house is an asset
    • Shows parents why they can’t rely on the school system to teach their kids about money
    • Defines the difference between an asset and a liability
    • Teaches you what to teach your kids about money for their future financial success

From Nothing: Everything You Need to Profit from Affiliate Marketing, Internet Marketing, Blogging, Online Business, e-Commerce and More… Starting With <$100

  • 4.4 out of 5 stars with about 170 reviews (as of the time of writing)
  • 360 pages
  • Summary:
    • Written by Ian Pribyl
    • These pages contain EVERYTHING you need to start an online business in the affiliate marketing, internet marketing, blogging, and e-commerce industries… using less than $100.
    • Reading this book was what helped me regain the confidence and motivation that I could be able to earn passive income by starting an online business.
    • Ian doesn’t try to dazzle you with unrealistic expectations that you’ll be able to make millions of dollars in a matter of a few months – maybe you do strike some luck though and something goes viral.
    • He also mentions ‘delayed gratification’ – something I’ve heard a few times from several sources. For example, for me, it may be 6-12 months before I start seeing a reasonable amount of traffic to this website.
    • He changed my thinking about my goals and to set specific tasks to reach those goals. Rather than setting a goal to hit a certain financial target, instead set controllable goals – such as setting tasks to complete a certain number of blog posts by a certain time – you are in control of that. If you’ve followed the right techniques, then you should see the results to start coming in (traffic).
    • Once you start seeing traffic (i.e. 100+ visitors a day to your website), then you can start looking at monetization.

The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich

  • 4.5 out of 5 stars with almost 13,000 reviews (as of the time of writing)
  • 416 pages
  • Summary:
    • Written by Timothy Ferris
    • Tim is an American entrepreneur, investor, author, and podcaster.
    • This was the 2nd ‘business’ book that I read. It helped me even in becoming more efficient in my day job.
    • The book covers determining whether a task or activity needs to be done or not, outsourcing your life/work overseas with virtual assistants, email efficiency, negotiating with bosses and clients, and more.

Some other great books worth reading

Note that I have not yet read these books but have looked at the reviews and they look well worth the read and are at the top of my list of books to read.

However, as mentioned in the introduction, it’s important to take action and execute a plan, rather than to keep reading and watching more content.

Check out more about the books and their reviews on Amazon – links provided.

Wrapping Up

Typically, books are more useful sources of information than what you find on the internet for free.

The information in books is packaged up in an easy-to-follow structure and has been reviewed before publishing. This usually results in higher quality delivery of information.

Books though, usually cost money. Fortunately, with online stores like Amazon, you can check out book reviews to determine if a particular book you’re interested in is worth purchasing or not.

Many people try to obtain as much information online as possible for free.

The downside of this is that it typically takes many more hours to sift through all the online information – good and bad – and get the most out of what you’ve found online.

I think a balance between gaining information and knowledge through both books and online sources is the best approach.

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If any of the information here has helped you or been useful, please let me know in the comments!

As part of Module 1, I’ll also be running through the below:

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