5 Must Read Books for Entrepreneurs
There are lot of great books out there for entrepreneurs. Although I love to read, it is important to leverage your time and read the highest quality books
1. The Lean Startup by Eric Ries
What it is About: Eric describes a new model for businesses and products. Instead of spending a lot of time and money creating the “perfect” product and releasing it once it is finished, The Lean Startup recommends many lean approaches to creating a company/product, releasing it early and adapting to customer feedback.
Why We Recommend It: Times are changing faster than ever. It is important to utilize lean practices to use your time and resources efficiently and effectively for your venture.
2. For Better or for Work: A Survival Guide for Entrepreneurs and Their Families by Meg Cadoux Hirshberg
What it is About: Meg describes the experiences of entrepreneurship first-hand as her husband created their Stonyfield Farms yogurt company. This involves many topics like sharing your house with your business, communication and the balancing act or work and business.
Why We Recommend It: This is one of the few resources that we have found that covers the topic of balancing entrepreneurs and their families. Meg not only describes her experiences, but shares experiences of many other entrepreneurs and how they manage the two.
3 .The E-Myth Revisited: Why Most Small Businesses Don’t Work and What To Do About It by Michael Gerber
What it is About: Gerber discusses why most small businesses fail and provides valuable insights into how small businesses can be successful.
Why We Recommend It: We had always heard that most small business fail within the first year. This initially scared us away from starting a small business, but after reading this book we gained a much better understanding of the real reasons why most small businesses fail. We use this as the basis for running my multiple small businesses.
4. Rich Dad, Poor Dad by Robert Kiyosaki
What it is About: Robert Kiyosaki describes his “2 Dads.” His “poor dad” is his biological father who is educated but is in the “Rat Race” and acquires liabilities. His “rich dad” is his friend’s father who uses his financial literacy to acquire assets. Throughout the book, Kiyosaki describes the different mindset of his 2 fathers.
Why I Recommend It: I grew up in a lower middle class home. My parents did not go to college and both of them worked. I learned some basic financial lessons from them, but realized that I needed to do things differently in my life to achieve my goals. This book changed the way that I think about assets vs. liabilities and is the basis for financial decisions that I make in my life.
5. Think & Grow Rich by Napolean Hill
What it is About: Napolean describes the mindset of many successful people and provides a case for the power of positive thinking. There have been many books published on this topic (ex. The Secret), but the is the original and my favorite.
Why I Recommend It: Many people are afraid of failure. Many are also afraid of success and don’t understand how to achieve their goals. This book will aid you in becoming successful.
Do you have any books that we don’t have on our list? Let us know in a comment below.