The Kickass Entrepreneur’s Guide to Investing
Although I am not particularly an entrepreneur of any sort, and my investing tends to be pretty straightforward and in small amounts, I am interested enough in saving for retirement and financial independence to read the odd investing book, which is how I ended up being asked to review this one. It’s a short book, but has some potentially useful investing advice for people who own their own businesses.
“The Kickass Entrepreneur’s Guide to Investing” starts with the premise that most investing advice is aimed at people drawing salaries from someone else, not the business owners themselves. In a nutshell, it argues for entrepreneurs keeping more of their money in cash in order to take advantage of opportunities as the arise, and for investing in real estate as well as the stock market.
The book assumes a certain base level of knowledge, although it does eventually explain things such as CAP and REITs. People who know nothing about investing will probably find it a little too specialized for them, but people who own their own businesses and are used to handling their own finances will probably find it more approachable. It provides some persuasive arguments in favor of real estate investments, either through hands-off approaches such as REITs or hands-on approaches such as owning your own building, and gives a chart showing the pros and cons of the different types of real estate investment. Overall, it gives some useful tips and food for thought for business owners wanting to branch out into real estate or investment, while also being short and easy to read. It comes with a link to an Excel spreadsheet you can use to play around with the numbers provided and experiment with different scenarios.
I reviewed this book at the request of the author. All opinions are my own.
This book is temporarily free on Amazon here.