Are you aware of any good reputable up-to-date book/resource on such topic?
Thanks a lot!
2. Learn some basic accounting/finance. For example, you should know the difference between equity and debt or the difference between Net Income and Revenue.
3. https://www.ycombinator.com/library
5. Start reading more financial news (Bloomberg, CNBC, WSJ, FT)
6. Find successful founders/CEOs you admire and watch their interviews.
7. Work on something that has great potential rather than an area that is too small or secularly declining. "When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."
There's nothing too complicated about it - my father taught me most of this by osmosis before I even graduated from high school because he's come home and talk about all the things he did (he was a business unit director - a business unit he founded after years in engineering sales) and the political intrigue that came with it. My MBA was marginally useful - the biggest value was the paper of the diploma which small minds think is important. I learned 90% of the knowledge before I stepped foot into my first MBA course from working in industry and from my father.
The one added thing: accounting is really important because everything you do as an entrepreneur generally begins and ends with accounting. All your projections and costing built into your pitch deck are derived from accounting specifically income statements. My MBA mostly cemented my accounting knowledge and my ability to use Excel to its corners (99.99% of accounting and finance uses Excel).
A cliffs notes version might be the interview prep books that prepare you for product Management and business consulting roles.
Empowered - Marty Cagan | For digital product leadership insights.