The Best Business Book You’ll Ever Read
In 2010, I turned down formal training and asked for a £500 budget to buy books instead. That decision led me to what I still believe is the best business book you will ever read.
At the time, I was working for a national business consultancy as a Business Growth Adviser. During an annual performance review, my manager asked me to agree a personal development plan for the next 12 months. Nothing on offer really inspired me. I had already studied on a master’s in business course, gained Institute of Directors qualifications, and advised over a thousand businesses in real world situations. So, I suggested something different.
Rather than attend more courses, I would use the equivalent budget for short courses to buy books, read them, and share the insights through a book club with the team. Surprisingly, that idea was approved without hesitation.
Freedom, Autonomy, and a New Perspective
What followed became one of the most valuable learning experiences of my life. I was given complete freedom over what I chose to read, along with the autonomy to share insights with colleagues during work hours.
My thinking was simple. Much of the business theory I had studied was valuable, but it was also becoming repetitive. There are only so many ways to run a business, and much of the content is repackaged to suit different audiences. There is nothing wrong with that. I have done the same myself in my own book, Life Led Business. But at the time, I wanted to go deeper. Instead of traditional business books, I chose autobiographies, particularly from people who were not always labelled as business people but had created something significant from nothing, often with minimal resources. While I occasionally read biographies, I preferred hearing directly from the individual in their own words.
Entrepreneurs Beyond Business
My reading list included names you might expect, such as Nelson Mandela, Isambard Kingdom Brunel, and Bill Gates, but also less obvious figures like Abraham Lincoln, Ernesto Che Guevara, and Robert Craig Knievel, better known as Evel Knievel. When you look beyond the rhetoric, their stories reveal consistent lessons. Whether working for good or less noble pursuits, all of them were entrepreneurial in their thinking.
Having worked with many business leaders, I had come to see that this is the essence of entrepreneurship: the vision, determination, and leadership to create something new that did not previously exist.
A Chance Discovery in Bude
Out of the more than forty books I read that year, one stood out above all others. I found it in a on a dusty shelf in a second-hand bookshop in Bude (sadly no longer in business): the autobiography of Phineas Taylor Barnum, the 19th century American showman and entrepreneur.
What stood out was not the familiar rise to wealth, something you might also see in modern stories of figures like Jeff Bezos or Richard Branson. It was what came after. Barnum lost his fortune through a bad deal and had to start again from nothing. With no capital to invest, he rebuilt through public speaking, storytelling, and sharing ideas, what we might now recognise as an early form of keynote speaking or business workshops.
At the bottom of one page, I noticed a reference to another work: The Art of Money Getting; or Golden Rules for Making Money. That piqued my interest, so I followed the trail and bought a copy.
The Book Behind Everything
The book is short, more of a pamphlet than a conventional business book. In it, Phineas Taylor Barnum sets out, in his own words, what he believes entrepreneurship is about, covering the actions, beliefs, and behaviours required to succeed.
Its power is in its simplicity. The message is clear, practical, and undiluted. It reads less like a traditional book and more like a set of principles designed to be spoken and applied. For me, it was the book I had been searching for.
A Necessary Edit
However, there was a challenge. The text was first published in 1880 and contains prejudices from that era that have no place in modern society. It is a product of its time, and Barnum himself remains a controversial figure.
I shared it with the team regardless and described it as the best business book you will ever read, but it did not sit entirely comfortably. Still, the book stayed with me, so I decided to edit it for a modern audience.
I did not change the meaning or dilute the lessons, and I did not rewrite the remaining text. I simply removed the elements of prejudice and ignorance. In reality, this was more straightforward than it might sound, as those elements were infrequent and often added as afterthoughts within paragraphs. Removing them did not change the intended business lessons.
I later approached the P T Barnum Museum in the United States, explained the work I had done, and shared how I was using the material with businesses in the UK. They were supportive of the changes at the time.
A Blueprint That Never Left Me
That book has stayed with me ever since. It has become a blueprint, a way of holding up a mirror and asking whether you are truly being as entrepreneurial and enterprising as you can be.
But it goes beyond business. It also asks whether you are happy in what you do and why you do it. In many ways, it became the starting point for my own Life Led Business thinking.
For years, I have shared my edited version with customers, particularly those who feel lost or overwhelmed.
Bringing It to Life in 2026
With the advancement of technology, I have taken this a step further by creating a YouTube series that presents the full text of the book in video format. It uses a digital recreation of Barnum’s likeness and voice, with my own insights added at the end of each section.
The entire video series lasts just under an hour. P. T. Barnum did not try to turn his words into a long, overworked volume. What survives is a short, direct work, and that is its strength. It is more like a script than a traditional book, with clear, practical ideas that are quick to understand and apply. That simplicity, what I would call uncommon common sense, is where its power lies.
The Best Business Book You’ll Ever Read
For me, it remains the greatest business book you will ever read, or now, listen to or watch.
To watch the full YouTube series, visit
https://youtube.com/the-art-of-money-getting
If you would like a PDF copy of my edited version of The Art of Money Getting by Phineas Taylor Barnum, please feel free to direct message me.
This article was written by Elliot Forte, founder and Director of Business Think, a business strategist, digital marketing specialist, and educator with over 25 years’ experience supporting thousands of organisations to grow and adapt in an evolving marketplace. The views expressed are solely those of the author and are based on his professional experience working with businesses across a wide range of sectors.
If you would like to work with Elliot, explore collaboration opportunities, or discuss how he can support your business growth, please get in touch.
Disclaimer and Use of Material
The Art of Money Getting; or Golden Rules for Making Money by Phineas Taylor Barnum was published in 1880 and the original text is now in the public domain. In the UK, written works are generally protected for 70 years after the death of the author, and Barnum died in 1891, so the original material is long out of copyright.
This means the original work can be reproduced, shared, and adapted. The version referenced here has been edited for a modern audience. These edits have been made carefully and intentionally to remove outdated language and prejudiced content that no longer aligns with contemporary values. No changes have been made to the core lessons, principles, or intended meaning of the original work.
Any additional commentary, interpretation, or insights included alongside the original material are my own and are intended to help contextualise and apply the ideas within a modern business and personal development setting.