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The Start Your Own Business Bible by Richard Walsh

The full title of this book by Richard Walsh is

The Start Your Own Business Bible: 501 New Ventures You Can Launch Today

In my review on Amazon.co.uk, I rated the book at 4 Stars. This means it is good to very good.

Here is my review.

As a business coach, I sometimes get calls that start with “I want to start a business but I don’t know what kind. Can you tell me a business where I can make a lot of money?”

The short answer is No. It depends so much on you and where your skills, interests and passions lie.

But this book gives you some answers to that question. It tells you about 501 different ideas for starting a business separated into categories based on how much money is needed.

For each business idea, you get a concise summary of what’s required which will help you to narrow your focus. Then you can start to research deeper into the particular business types that interest you. Not all the businesses will be practical. You can’t suddenly become a lawyer, an accountant or architect because you normally need to get a degree and then take professional qualifications. The journey can be long before you reach the end. Other types of business, including what I do as a business coach, don’t have any of these mandatory qualifications but it’s still best to get relevant experience before you risk starting a business.

As a general rule, the harder it is to get into a particular type of business, the more money you can make. That’s a simple application of supply and demand. If demand is high and supply is short, prices are high but it will attract new people unless it’s tough to break through and become established.

If you already know what business you want to start, then this book isn’t for you. If you see it in a bookshop, it’s worth reading what it says. When you already know the business type, there are plenty of niche specific business books on Amazon so search for the “(trade or profession) + marketing” or “starting a (trade or profession) business”. Just be wary of authors who take a cookie cutter approach and have written the same book for many types of businesses by using the find and replace facility in Word. With care, you can find books written by genuine experts in the trade you’re interested in.

I don’t understand why there are so many bad reviews. What can people expect from a book that takes a short look at so many types of business.

I originated rated this book with Five Stars but because time has passed with an update, I’ve knocked one star off.

You can buy the book from Amazon.co.uk or Amazon.com

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