The "Bootable" legacy ISO you've used is in fact not bootable, it relies on CDROM emulation provided by BIOS. VMs don't usually do this sort of emulation. If you set the guest OS to something like ...

If you have bought an Apple Silicon Mac or MacBook but need to upgrade your storage without buying a brand new device, you can set up your Mac to run from an external drive. Here's how to boot macOS ...

When something goes wrong with your Mac, it's a boon to have a separate, external drive that you can work from — but Apple no longer makes that easy. Here's how to do it. The short answer to how you ...