Are you ready to take the plunge into entrepreneurship? Starting up and running a business is no easy task, and learning from others who have done it successfully will be key to your success. To help you build the skills you need for managing your own business, we’ve compiled a list of some of our favourite books, written by and for, successful entrepreneurs.
From inspirational biographies to how-to guides explaining practical strategies on everything from starting up a company to growing and scaling what you’ve already created, these entrepreneur books are sure to get any budding businessperson into the right mindset. Read on for our roundup!
Why you should read entrepreneur books
Reading entrepreneur books can be a great way to gain insight, knowledge and skills that will help you grow and succeed as an entrepreneur. The information inside these volumes often comes directly from experienced and successful business leaders, giving aspiring business owners access to invaluable wisdom and expertise. Not only can you learn from other people’s experiences, but you can also apply the new ideas, strategies and tactics that you read about to your own business endeavours.
Additionally, reading entrepreneur books may help you develop self-awareness, accountability and resilience; all of which are qualities needed for entrepreneurial success. All in all, reading such books is an effective way to get the skill set, knowledge and confidence necessary to take your entrepreneurial dreams to the next level.
The modern economy is largely based on entrepreneurial thinking, and books written by entrepreneurs provide readers with the essential understanding they need to succeed in business. Each author offers a unique perspective on the entrepreneurial journey, offering valuable guidance and insight that other publications simply can’t. With an entrepreneur book in hand, you have access to decades worth of experience and knowledge that would otherwise take years of education and on-the-job training to acquire. Whether you’re looking to support your current profession or find a completely new career path, entrepreneur books are invaluable tools that can help set you up for success.
The benefits of reading entrepreneur books
If you’re an aspiring, successful entrepreneur, reading can be one of the most practical activities for gaining knowledge and understanding in your field. Reading books about entrepreneurship provides valuable advice on topics such as managing finances, building successful teams, developing an effective marketing strategy, and more.
From surviving startup life to scaling your business smartly – there are incredible learnings from business leaders who have walked the path before us that can save you time, help you avoid common pitfalls and show the most effective ways to achieve greater success in both your professional and personal life.
The best entrepreneur books to read today
1.The Lean Startup
The book, The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses is written by Eric Ries. The Lean Startup Book is a revolutionary guide for modern entrepreneurs. It teaches you how to test your assumptions, avoid costly mistakes and make data-driven decisions. Building a successful business doesn’t have to take years of research and development before launch – instead, you can use Lean principles with minimal resources and maximum efficiency.
Unlike traditional approaches that focus on fully building out a product, Lean encourages businesses to keep iterating until they find the right fit for the market. This approach helps new organisations quickly become profitable and minimise failure rate.
Key takeaway: Always collect metrics that you can use to improve your business.
2.The 4-Hour Workweek
The 4-Hour Work Week book is here to inspire readers to break away from the traditional 9-5 lifestyle and realise that they can achieve financial stability and freedom without delaying the life they really want. Although it sounds too good to be true, author Timothy Ferriss provides more than fifty proven strategies for living an extraordinary life by taking control of time, courageously striving for financial independence, and creating passive income streams.
From case studies of contributors who have doubled their income, to techniques on dealing with common obstacles that prevent people from achieving their desired lifestyle, this book is a great way for anyone looking to take their work and personal lives to the next level.
Key takeaway: Challenge societal expectations of the ‘work-life balance’.
3.The Innovator’s Dilemma
The Innovator’s Dilemma written by Clayton Christensen is a classic bestseller and one of the most influential business books ever written. In it, he dives into how companies that do everything right can still lose market leadership if they don’t know when to abandon traditional business practices.
With success stories and cautionary tales from leading companies, The Innovator’s Dilemma is a must-read for managers wanting to capitalise on the phenomena of disruptive innovation. His work has been praised by some of the world’s most famous thought leaders such as Steve Jobs and Malcolm Gladwell, making it worth your read.
Key takeaway: The way a company is initially set up affects the choices and investments it makes further down the line.
4.The E-Myth Revisited
In The E-Myth Revisited, Michael E. Gerber offers invaluable advice to small businesses seeking success. He helps entrepreneurs understand how underlying assumptions and expectations can cloud judgement and impact company growth. By delving into the life cycle of a business, from infancy to adolescence and full maturity, Gerber provides a roadmap for businesses seeking success without having to resort to franchising.
Of particular importance is Gerber’s emphasis on working ON your business instead of IN it – recognising the difference between mere technical expertise and understanding true entrepreneurship. This comprehensive work offers entrepreneurs an opportunity to grasp necessary concepts in order to build their companies the right way.
Key takeaway: It’s not just the product that matters, it’s also how you deliver it.
Utilising the newly accessible technology and tools, anyone can make their entrepreneurial dreams a reality. With Rework, you can forget about having to invest hundreds of hours and all your savings in hopes of success. This book teaches you how to keep it simple and under control, as you build your business from the ground up, starting with when and why you need to launch, how to promote yourself, and even the best time to bring on help.
All these instructions are presented in an informative yet friendly manner that makes it easier to understand and digest without feeling overwhelmed.
Key takeaway: It does not matter how many hours you work. What matters is what you accomplish in those hours.
How to Win Friends and Influence People
Dale Carnegie’s classic book How to Win Friends and Influence People has been credited with improving the lives of millions around the world. Compiled from his exuberant and conversational style, it provides practical examples and advice on how to increase your popularity, win new friends, talk effectively, persuade others to follow your way of thinking, and create a more rewarding life.
Through personal anecdotes laced with timeless wisdom, Carnegie will teach you how to make relationships with everyone in your life much more meaningful and satisfying. Whether you’re looking for self-help tips or strategies for business or social networking success, this inspiring read is sure to have something for you.
Key takeaway: How other people perceive and react to you is something that you can generally control.
Overall, entrepreneur books are a valuable asset to anyone looking to start a business or run an existing one better. They provide an avenue for everyone, from the ground up, to gain experience and knowledge in starting or furthering their entrepreneurial venture. Not only does this give entrepreneurs an opportunity to grow and develop their skills but also it allows them to deepen their understanding of the concepts involved in running a successful business.
There are many excellent choices available today when it comes to selecting the best entrepreneur books that range from introductory reads suitable for beginners to more advanced material that will challenge even the most seasoned business professionals. By taking advantage of these resources entrepreneurs can advance their practice with ease and benefit significantly from all of the invaluable insight they provide.