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Entrepreneurship

15 books every entrepreneur must read

 

  • Think and grow rich

Author: Napoleon Hill

Year: 1937

Genre: Mind, Self-help

Think and grow rich – Review

This book is a classic and is likely to top any list of top books in its field. This is because the book is filled with generations of knowledge of the secrets of achieving significant success and becoming rich. The author, Napoleon Hill says the book was inspired by Andrew Carnegie who himself is a business tycoon and possesses so much knowledge of how to achieve significant levels of money. The book has 13 principles outlined in various chapters explaining how indeed you can think and grow rich

Key points – summary: The book places emphasis on the capability of the mind and the power we have as individuals to make decisions and act upon them

Why/who should read: Anyone looking at setting themselves to make money and live a life of contributions and significance and entrepreneurs

 

  • The secret

Author: Rhonda Byrne

Year: 2016

Genre: Mind, Body, Self-help

The secret – Review

The secret is actually the name of a film with the same title by the author. The book has the law of attraction as its key secret to significance. The law of attraction reflects the belief that thoughts are powerful and as such, they can make or unmake an individual. The book explains how ordinary people can use this law to achieve their purpose and dreams

Key points – summary: The law of attraction and related laws actually work either for or against you. What you can do is to learn how to use them for your good and that’s just what the book teaches. The book emphases that whatever you think about will eventually become your reality

Why/who should read: Entrepreneurs and anyone looking at improving themselves

 

  • Rich dad, poor dad

Authors: Robert Kiyosaki and Sharon Lechter

Year: 2000

Genre: Finance, Self-help

Rich dad, poor dad – Review

The authors of this book are personal finance advocates and that is what they do in this book. The book educates the reader about the importance of personal finance, financial literacy, and financial independence.

Key points – summary:  Assets are properties that bring in cash or money, and that’s how to become wealthy – by making money from residual income from assets. To become truly free, you need to become rich.

Why/who should read: Anyone looking at improving their personal finance and entrepreneurs

 

  • The intelligent investor

Author: Benjamin Graham

Year: 1949

Genre: Finance (Investing)

The intelligent investor Review

The author of this book was an associate and mentor to Warren Buffet, one of the richest people in the world and a serial investor. It is from Benjamin Graham that Warren learned a lot about investing and recommends the book to anyone looking to making a career out of investing. The intelligent investor

The book itself is a widely known book and covers areas on investing such as risk assessment and management, maximizing probabilities and managing portfolios effectively. This book will provide you with strategies to avoid following the crowd and stand out as an intelligent investor.

Key points – summary: Three principles which are long term analysis, risk assessment and minimizing loses and no going for insane amounts of profits govern investing. The key to investing is not following the market by being rational as you study both the long and short term. The last point is to stick to a plan and strategy you set for yourself.

who should read: Investors, entrepreneurs

 

  • Money master the game

Author: Anthony Robbins

Year: 2014

Genre: Finance, Self-help

Money master the game Review

Tony Robbins uses his extensive contact with finance gurus to compile financial secrets and guides the reader to make their own lifetime financial plan. The guide is based on the secrets from over 50 experts in the field. It contains a blueprint for financial independence as it distinguishes different income types and what they entail.

Key points – summary: He summarizes the secrets into 7 steps and broadly delves into issues like what is money. Where does money get it right and where does it get it wrong. It also talks about investing as a way to make financial freedom.

who should read:  People searching for financial independence and entrepreneurs

 

  • The 4 – hour workweek

Author: Timothy Ferris

Year: 2007

Genre: Business, Self-help

The 4 – hour workweek – Review

Tim Ferris is an American entrepreneur, writer, and educationist. In this book, he educates

Key points – summary: The key points of the book are that you can become successful and rich without having to work the usual 9-5 for your whole life. Tim Ferris introduces his strategies and plans he uses to achieve this and the good thing is anyone can implement them. He gives several resources one can use to run their business and virtually any task they want to be done without the usual stress. He advocates for a life that transcends a single country and culture allowing each person to become what they want to become without the limitations of culture and geography

Why/who should read: Entrepreneurs and anyone looking forward to being self-employed and working less while making more money

 

 

  • The millionaire next door

Authors: Thomas J. Stanley & William D. Danko

Year: 1996

Genre: Self-help

The millionaire next door Review

After studying the American wealthy, the authors set out to write this book in which they reveal the secrets of America’s wealthy. In the book, they reveal a set of traits that a typical millionaire has. I personally think some of them don’t apply so well with even billionaires. For example, the book says they live within their means which is true and they also don’t prefer to display their cash which I find not so true. Some also like to show their wealth.

Key points – summary: This book is meant to help the reader evaluate their life. Are you a millionaire, on your way to being a millionaire or you are diverting far from becoming a millionaire? This book will help to make the necessary changes to get you to a millionaire.

Why/who should read: Seekers of financial independence and entrepreneurs

 

  • The power of habit

Author: Charles Duhigg

Year: 2012

Genre: Self-help

Review: After having an addiction to eating cookies, the author, Charles Duhigg, writes this book based on his research and how he was able to conquer his habit. He sets out a number of steps on how to change a habit and live a better and desirable lifestyle to yourself.

Key points – summary: Habits can be changed using a three-step procedure outlined and explained in detail. The author makes it easy to track habits in a mechanical form instead of at random.

Why/who should read: Anyone looking forward to changing a few habits, entrepreneurs

 

  • Atlas Shrugged

Author: Ayn Rand

Year: 1957

Genre: Romance novel, Science Fiction, Mystery, Philosophical fiction, Adventure fiction, Dystopian Fiction

Review: This is a big book of 1,168 pages in the first edition. The novel features John Galt, Dagny Taggart, and Henry Rearden. The novel opens with the question, who is John Galt? As the story unfolds, the author talks about matters of liberalization, socialization of the American society among several others. This book reveals much about economics meltdowns and how to rise above them. The author of rich dad poor dad recommends this book to entrepreneurs.

Why/who should read: Entrepreneurs

 

  • How to win friends and influence people

Author: Dale Carnegie

Year: 1936

Genre: Self-help (Communication & Relationships)

Review: How to win friends and influence people much more like the 48 laws of power by Robert Greene. Both aim at helping the reader gain trust and build relationships. The difference comes when we consider the approach of both authors. How to win friends and influence people is a classic in the field of communication is recommended by most communication experts. The publishers have sold 15 million copies since its first publishing. Its definitely a must read

 

Why/who should read: Commutators (thus everyone cos we all at some point have to communicate), entrepreneurs

 

  • The $100 startup

Author: Chris Guillebeau

Year: 2012

Genre: Self-help (Business)

Review: Are you a fresh graduate or you are already on the job? Chris Guillebeau will teach you his strategies in living a life of adventure without a regular job and yet with good money to live a good and live filled with meaning and purpose.

Key points – summary: The book adopts the step by step approach in helping the reader find and fuel their passion while making a good income from that. The book teaches 3 key lessons:

  1. Passion is 1/3 of the equation
  2. Focus on income and costs
  3. Keep plans clear and simple

These lessons will help you create a business out of $100

Why/who should read: Entrepreneurs and self-employed

 

  • The monk who sold his Ferrari

Author: Robin Sharma

Year: 1996

Genre: Fiction, Self-help

Review: Robin Sharma is an acclaimed motivational speaker, writer, and expert at productivity. He has a good way of making good stories while teaching life-transforming lessons titans need to achieve their impact.

Key points – summary: The book teaches a few lessons which are very essential in attaining a wholesome successful life encircling health, wealth and contribution. He embodies these lessons in the story of a Garden and a Japanese sumo wrestler. The story seems very simple but that is to help in teaching it while it’s very deep in the lessons embedded in it.

Why/who should read: Entrepreneurs and anyone who wants to live a life of 360 degrees success

 

  1. The E myth revisited

Author: Michael E. Gerber

Year: 1985

Genre: Self-help

Review: With millions sold, this book is undoubtedly successful. The author talks about small businesses and entrepreneurs; the road to the top. He draws a line between a small business owner and an entrepreneur. He says the difference I necessary to becoming successful. Thereby, there is an E-myth which he demystifies in his book.

Key points – summary: The book looks at business as self-development, the myth of the entrepreneur, how things go wrong in business, establishing business systems,

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etc.

Why/who should read: Entrepreneurs and business owners

 

  • The 10x rule

Author: Grant Cardone

Year: 2011

Genre: Self-help

Review: Entrepreneur and sales master Grant Cardone has created massive success for himself straight from the grown up. He attributes this to his 10x approach to his life and what he requires of himself.

Key points – summary: Grant Cardone is unapologetic to how things should be done. He believes that everything we do for our own good and success must come with massive dreaming and massive efforts. His point is that goals should be big enough to move you into massive action. Even if you don’t reach the exact goal, you may have achieved more than if your goal was a small one

Why/who should read: Anyone seeking to get more done, entrepreneurs

 

  • Zero to one

Authors: Blake Masters & Peter Thiel

Year: 2014

Genre: Self-help

Review: Zero to One: Notes on Startups, or How to Build the Future is a 2014 book by venture capitalist, PayPal co-founder, and early Facebook investor Peter Thiel along with Blake Masters. Blake Master worked with Peter as his student to get this book done. The book was compiled from notes from Peter’s lectures.

Key points – summary: The core of the book talks about doing relevant things and creating solutions where none existed. Takes the advice as one from an entrepreneur who helped found PayPal.

Why/who should read: Entrepreneurs and leaders

You can add to the list…Down in the comments.

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