Best Books For Entrepreneurs of all time
Best Books for Entrepreneurs 2020 0f all time, So, there are many great books out there for any entrepreneur to read in general, but I chose 10 specific books for young or teenage entrepreneurs to read. And I chose 10 different subjects and topics for you to read and study before you become an entrepreneur or if you’re already on the journey of becoming an entrepreneur.
So, with that being said, the 10 topics will be very simple. Clarity, economy, enemy, your inspiration, strategy, playing hurt, long-term thinking, discipline, system and being duplicatable, and innovation.
So with that being said, let’s get right into it.
Begineers Best Books For Entrepreneurs
10: Innovation and Entrepreneurship
Its title is Innovation and Entrepreneurship. And Peter Drucker, in general, has a lot of great books for you to read. If you study Peter Drucker, you will learn a ton about hiring, firing, marketing, strategy, advertising. I don’t agree with everything he believes in, but he has a lot of great things that will make you think and get creative about what is the formula to being innovative or creative, all this other stuff that different people have used in the past. He covers that in the book, Innovation and Entrepreneurship.
Click here to buy from Amazon: https://www.amazon.com/Innovation-Entrepreneurship-Peter-F-Drucker/dp/0060851139
9: Made in America
This a book on the system, and duplicatable. Let me tell you why I think it’s very important for a teenage or young entrepreneur to read a book on this and that book is Made in America.
It’s the story of Sam Walton. The reason why I love Sam Walton the most when I talk to a young or teenage entrepreneur, the reason why I think it’s the best book for you to read or study, the best person to study, here’s a guy named Sam Walton. There was nothing special about him.
In 1962 it was the year of the super discount stores. That’s when K-Mart was founded. Wal-Mart was founded. Target. All of these guys all got started in 1962. And Sam Walton used to own one of these Franklin stores and then he started Wal-Mart.
In the first five years, K-Mart opens up 250 stores and Wal-Mart only opened nine stores. Fast forward to today. K-Mart’s out of business. Wal-Mart’s got 2.2 million employees worldwide. He has four kids. Each of them is worth a minimum of $40 billion, today. If he was alive today he would be worth $160, two and a half times Bill Gates.
So you want to study Sam Walton because there nothing special about the guy. He’s not somebody where you may study someone and that guy’s an absolute genius. Sam Walton was a simple guy who was a hard worker and he always looked for ways to make his business better. So Made in America for me would be number nine on the list.
Click here to buy from Amazon: https://www.amazon.com/Sam-Walton-Made-America/dp/0553562835/ref=sr_1_1?crid=SFXPJC0QJBSQ&dchild=1&keywords=made+in+america&qid=1600590011&s=books&sprefix=made+in+%2Cstripbooks-intl-ship%2C535&sr=1-1
8: Lean Startup
For discipline, I chose Lean Startup. Lean Startup teaches you when you’re younger and you’re just looking at business, thinking I can’t believe if I could only get some money for my mom, my dad, some investor, some venture capital angel that gives me a quarter-million dollars, I can start my own business. And you haven’t yet tested the idea of making your money.
If you truly are an entrepreneur watching this, and you’re 13, I guarantee you’ve made some kind of money. You’ve sold cookies, shirts, something you’ve sold. If your blood, if you’re one of these folks that’s an absolute entrepreneur since you were a kid, you probably already sold something.
If you’re someone that’s going to be an accidental entrepreneur from watching something like this, and you become inspired by it, you got to learn some of those concepts of making the money and how to stay lean so that you can turn this $200 into $400. And money’s all about doubling your money. So how can I make this $400 into $800? $800 into $1600 $1600, $3200, $6400, $12,000,$25,000, $50,000, $100,000, 200, 400 million dollars. That’s a Lean Startup, it teaches you how to stay very disciplined.
Click here to buy: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898/ref=sr_1_1?crid=29GT7222RJEKY&dchild=1&keywords=lean+startup&qid=1600589677&s=books&sprefix=lean+s%2Cstripbooks-intl-ship%2C463&sr=1-1
7: The Snowball
Long-term thinking is a thing that a lot of young and teenage entrepreneurs, especially today, you need. I’ll tell you why today. Many, many years ago, when there was no social media or YouTube, or Instagram or Snapchat, people weren’t as much in a hurry or impatient as they are today.
So for long-term thinking, I chose Snowball by Warren Buffett because even though Warren Buffett today is worth 60, 70 billion dollars, at 52, he was only worth $50 million. Now you may say, “$50 million is a lot of money.” Not compared to $60 billion. So he went from 52 years old at $50 million to now having $60 billion. It requires a lot of long-term thinking. I think one of the best places I went, I went to Venice, Italy. One church I went to that was 330 years old.
When you were reading the story of it, it took 80 years to build. And the man who designed this thing to build, he knew he was 50 years old, what he wrote up, he’s never going to see the final product. And most likely, his kids are never going to see the final product. The only people that were going to see the final product was his grandkids.
When you study Warren Buffett, you will learn about long-term thinking where it may be helping you in some of the decisions you make, about hurrying, hurrying, hurrying, hurrying, hurrying. You become aggressively patient. You’re still aggressive. But you’re patient for your business to be built. It’s a very important concept to pick up as a young, teenage entrepreneur.
Click here to buy from Amazon: https://www.amazon.com/Snowball-Warren-Buffett-Business-Life/dp/0553384619
6: The Obstacle is the Way
‘Obstacle is the Way’ which is a great book by Ryan Holiday. In this book, he explains to you the concept of stoicism. And stoicism is a philosophy that was born from cynicism. A lot of times we call people cynics. The word, “cynic” comes from cynicism.
Cynicism used to be a philosophy of people who would sit around and they would say, “Nothing good’s going to happen. If your wife’s going to leave you, odds are she’s going to leave you. If you get sick, odds are, you’re going to die. Everything was cynical. So they had this philosophy cynicism and one of the members of cynicism was a guy named Seneca.
He said, “I just can’t listen to this company more” and he started stoicism. And the first major leader in the world that picked up stoicism and took it to a whole different level was Marcus Aurelius who wrote the book Meditations. He took stoicism to a whole different level. And he ran Rome, he was the emperor for seven years.
He was loved, adored, everybody loved this guy, Marcus Aurelius. And Ryan Holiday takes the concept of stoicism and explains it in today’s world of business. And he explains to you that challenges are going to happen but the obstacle is the way.
I think a lot of times young, or teenage entrepreneurs, the moment you face one challenge or one issue that comes up people get too distracted. Oh, you know it’s not for me, I can’t do it. Which in reality, obstacles are never going to stop.
The moment you identify that, and you know that’s a part of life, you will look at obstacles in a completely different way. So Ryan Holiday’s book The Obstacle is the way is number 6.
Click here to buy from Amazon: https://www.amazon.com/Obstacle-Way-Timeless-Turning-Triumph/dp/1591846358
So for strategy, Blue Ocean Strategy is going to help your mind think about ways of doing business better that maybe a millennial ora gen x may not even think about. You’re going to see things from a completely different lens.
So if you can get the strategy down on how it’s done, you’ll have an edge on everybody else. So Blue Ocean Strategy, a phenomenal book for you to read. I put that as number five.
Click here to buy from Amazon: https://www.amazon.com/Blue-Ocean-Strategy-Uncontested-Competition/dp/1591396190
4: Elon Musk
Inspiration is Elon Musk, the book is called Elon Musk. It’s written by an author who chased him down and said, you’re either going to let me come and interview you or if you don’t, I’m going to write you based on what other people say about you vs. I can come and interview you and I can tell you what other people told me about you and then you can verify it and give me your story of the version and I’ll tell both stories. And Elon agreed.
So the author went and interviewed and wrote the book. It’s a phenomenal book, good, bad ugly. And you see how this kid was grown, how he was raised and how he viewed things and what books he read growing up and why he was so turned on my certain things and who was his uncle, his father, his parents and what kind of an impact that made in the way he was raised. It’s just a very good book to read as a source of inspiration.
Click here to buy from Amazon: https://www.amazon.com/Elon-Musk-SpaceX-Fantastic-Future/dp/006230125X
You need to know your enemy very, very early on. And the book I’m going to recommend an enemy is called Outwitting the Devil. Outwitting the Devil was a book written by Napoleon Hill. I want to say 1929, 1930 that he didn’t publish at that time, and years later the book was published by a lady named Sharon Lechter.
So Outwitting the Devil will be your number one enemy. You’ve got to read that. That will be the number three book.
Click here to buy from Amazon: https://www.amazon.com/Outwitting-Devil-Secret-Freedom-Success/dp/1469259036
I think the best book that I can recommend to you on the economy is not necessarily like here, go read capitalism, socialism, communism and realize what it is to hire this person, fire this person, why you got to let go of this person, why you want to associate with this. Why do some people become wealthy and some don’t?
Who do some countries produce more successful people than others? Why do certain philosophies work and network? So the book I recommend here for you to read for the economy is by Ayn Rand. It’s called Atlas Shrugged. Atlas Shrugged.
Now there are two ways you can do it. You can actually read the book. It’s a big book. It will change the way you view everything in life. It’s a big book if you read it. And if you don’t want to read it, you can listen to it. There’s an audio version of it as well. But regardless, it will change the way you view every single thing.
You’re going to think about John Galt in a different way, you’re going to look at the economy in a different way. You’re going to look at the people you work with, the friends, family, parents, teachers – you’re going to look at everything in a completely different lens when you read this book, Atlas Shrugged. She wrote two books, Fountainhead and Atlas Shrugged. I recommend Atlas Shrugged over Fountainhead.
Click here to buy from Amazon: https://www.amazon.com/Atlas-Shrugged-Ayn-Rand/dp/0451191145
Zero To One teaches you the way Peter Thiel thinks, how he approaches to drive his business, how you can build your own startup’s future, and how you can give a shape to the industry. Zero to One presents at once an optimistic view of the future of progress in America and a new way of thinking about innovation: it starts by learning to ask the questions that lead you to find value in unexpected places. After reading this book, I understood founders need a vision that helps them to take their business from “zero to one.”
Click here to buy from Amazon: https://www.amazon.com/Zero-One-Notes-Startups-Future/dp/0804139296
Best Inspirational Movies for Entrepreneurs: https://bihaanipost.com/top-10-best-inspirational-movies-for-entrepreneurs/