The Business Ownerís Guide to Personal Finance: When Your Business is Your Paycheck

Jill Andresky Fraserís new book, "The Business Ownerís Guide to Personal Finance: When Your Business is Your Paycheck," (Bloomberg Press, $25.95,) is based on a simple though profoundly important insight. For the vast bulk of entrepreneurs, your personal finances and the financial life of your business are inexorably intertwined; and to ignore this link invites disaster. Accordingly, Fraser provides wise advice to entrepreneurs on tending to critical such matters as paying yourself a salary, creating a good credit history, and thinking through the tradeoffs of working at home or how to communicate with investors who are often friends and family. Naturally I am drawn to this book for recognizing the dynamic link between the individual who runs the business and the way in which this personís behavior animates the enterprise; in financial matters the cause and effect takes on critical importance which Fraser carefully limns. Her book goes beyond keeping the books to guide one in all aspects of starting and growing a business. I rank this with "Small Time Operator" by Bernard Kamoroff, "Self-Defense Finance for Small Business" by Wilbur Yegge, and "Managing by the Numbers" by Chuck Kremer and Ron Rizzuto with John Case, as the top finance books for entrepreneurs.

Posted by tom at April 16, 2002 10:17 PM

Tom this is great! What a wonderful concept, and I love the review. I need the book.

Posted by: Maggy Atwater on April 19, 2002 03:46 PM

I needed this book two years ago... better late than never.

Posted by: Ellen Lamb on April 19, 2002 03:53 PM

Great intelligent review, Tom. I'd love to have this book as well as yours as a reference to begin my own business.

Posted by: Kathy Fratus on April 23, 2002 10:42 AM
Post a comment

Recent Writing

Flow as the Grand Unifying Theory of Productivity

Lowering the Personal Entrepreneurial Threshold

Sufjan Stevens, Entrepreneur

Good Writing Begets Good Writing



Book cover



Read or print the Intro and Chapter 1 .

Read some book reviews at Inc, 1-800-CEO-READ, and the Miami Herald.

Read the publisher's press release.

Visit the companies that Tom discusses in the book

Hear a recent lecture by Tom on the Startup Garden


Read about other books and web sites about starting your own business.


Just Managing – articles that Tom wrote for The Industry Standard and some Business Articles written for Inc., Fortune Small Business, Harvard Management Update, and other places.



To buy directly from me, simply go to Paypal and send 15 bucks to I'll take care of the rest. If you have any questions, email me at that address.

© 2001-2003 Tom Ehrenfeld | Site design by Tim Swan