20 Books Every Young Entrepreneur Must READ
Being a young entrepreneur is all fun and games until you realize that
you’re actually younger than everybody. Your knowledge might not be at the same
level as those who’ve been in the business for twenty years and that scares
you. No need to worry though, if you have a high teachability index, you will
be fine! The list below of books for young entrepreneurs is designed to help
you grow both in life and in business in order to become a successful
entrepreneur. The list provides books that will give you basic knowledge
about being an entrepreneur but also share advice on what happens while on
the journey to entrepreneurial success.
This book is guaranteed to change your life forever. Not only will it teach
you all the do’s and don’ts of the social life, but it will also teach you how
to be a better entrepreneur. We all know that the digital age has made it
harder to be influential outside of the Internet, which is just as important as
web influence, but Dale Carnegie breaks down all the steps you need to take in
order to make friends with everyone you meet. It teaches you the etiquette
of how to overcome competition or how to win over people who are close-minded
or simply not interested in your pitch. Every young entrepreneur needs to read
this book at least once a year, it’s a business classic!
Every entrepreneur knows that the key to a good business is good sales
technique. Not only do you have to sell your product, but you also have to sell
yourself and your idea. Having a great product doesn’t do anything if you don’t
know how to approach the person and make them fall in love with you
and the
product. This book by Brian Tracy gives you valuable information and
strategies about how to make more selling by focusing on one thing – the
person. Young entrepreneurs tend to forget the basics of selling and jump right
over to getting results, but in order to get results, you need to know the
basics. Brian Tracy goes over those major points thoroughly.
With only 96 pages of wisdom, this book is an easy weekend read. Featuring
four mice – Sniff, Scurry, Hem and Haw – the story goes over the four different
personalities and how they can affect one’s business. This book will
enlighten all young businesspeople on themselves and the choices they make in
life. It will teach you how to become flexible with your decisions in order to
move forward confidently towards your dreams and goals. At the end of the book,
it’s recommended to draw a map and position yourself between the four mice, at
the personality type that best fits your own. If you are within a type that
will most likely keep you from succeeding in business, do something.
4. Rich Dad, Poor Dad by Robert Kiyosaki and Sharon Lechter
Another great read for every young entrepreneur.
When you are younger in age, financial education might not be as high as the
older competition, which puts you in a place of vulnerability. Robert
Kiyosaki’s book breaks down everything you need to know about financial
education without giving you a headache. The book will shine a light
on the 9-5 job and the rat race that keeps you in that job you hate in
order to pay the debts. He teaches you how to make your entrepreneurial dreams
come true by giving you the cold, hard truth about wealth – it’s not found
by going to school, getting good grades, graduating with a diploma, and working
for a secure company.
All women unite! Again, young entrepreneurs don’t have the financial
education that most older entrepreneurs tend to have, which is why reading
books on financials education is key to succeeding! Kim Kiyosaki takes on the
challenge to inform women everywhere about the power of money and how they can
get a piece of that too. She empowers women to learn about their finances to
make sure that they don’t depend on men for the rest of their lives. She
teaches women from all ages on how to create a budget, invest in real estate,
stocks or businesses, and how to use the financial knowledge you have – the one
they don’t teach you in school – to become wealthy and independent.
Daniel Kahneman goes over the two systems found in our mind, that can make
or break our ability to move forward and succeed in life, in his book
Thinking,
Fast and Slow. He talks about the fast and emotional system, and the slow,
more logical system that makes up our whole mind. He breaks down the various effects
of each system on our success, mentality, confidence, and teachability index.
Young entrepreneurs where raised in a fast environment, this book is a
must-read for everyone who wants to get to the top of the tower without
actually killing the dragon.
It’s time to get inside the mind of LinkedIn’s co-founder and chairman, Reid
Hoffman, and learn more about the keys to managing your career as if you were
already an entrepreneur. It’s possible that you are still working a part-time
job while you’re growing your business and it might be hard to stay focused on
your entrepreneurial life while you still have to answer to a boss, but Reid
Hoffman is here to help. In his book, he teaches you how to put yourself in the
entrepreneurial mindset even if you’re still working for someone else. This
will help you think like an entrepreneur at all times, which will motivate you
to continue on your venture no matter what. At the same time, you will know
what to look for in employees when your business becomes big enough to employ
people. Win-Win.
Who hasn’t heard of Timothy Ferriss? His name has been everywhere since he
launched in his book,
The 4-Hour Workweek. Nowadays, everyone is
looking for that easy fix, and becoming an entrepreneur is all about enjoying
the wonders of life without having to work 40 hours a week. Timothy knows that
and therefore puts you in the right mindset to start building a business that
will allow you to work not 20, not 10, but 4 hours a week and still build a
fortune.
This is a very interesting book for anyone who feels unmotivated because
they lack funds. You might be just out of College, or
still in
school and feeling unmotivated because of your lack of funds, but Chris turns
the tables around and gives you the upper hand. In his book, he talks about 50
of the most amazing success stories of entrepreneurs who are making more than
$50,000 and who started with only a few bucks in their bank accounts. This is
the perfect book to motivate you to move forward without focusing on the money
or the HOW. Get the idea, have the passion, and the rest will follow.
The Internet is taking over the world with more e-commerce businesses
opening than ever before. Scott Fox focuses his words on how to combine
outsourcing and automated online marketing to build monthly cash-flow online.
He thoroughly teaches you how to build an online business by going over all the
tools that are available to you. It’s the perfect book to learn more about
online business and how to utilize the software that’s been available to you
since you were a baby.
There are many misconceptions out there about starting your business and
being a successful entrepreneur, and it’s only natural to become a little
confused as the contradicting information is thrown at you from all directions.
Michael E. Gerber breaks down each myth and walks you through the real life
steps of having a business and becoming successful as an entrepreneur in
today’s era. He wants to make sure that you know the difference between working
on your
business and working
in your business.
12. Crush It! by Gary Vaynerchuk
Gary takes a very motivating and persuasive voice in his book
Crush
It! by motivating you to move on your passions. In his book, he goes other
the many reasons why you should stop sitting on your couch dreaming about the
day you will get paid to do what you love. He wants you to get out of your
comfort zone and create a happy and passionate life for yourself. If you need
that little extra nudge to move on your passion and create a business, this is
your go-to book!
We all hear the success stories after they happened: how millionaire XYZ
started their business with only $1,000 in their bank accounts. But how did
they grow their business from that starting point? How did they become
millionaires? What was their journey? How did they feel while they were
battling through the obstacles? Jessica Livingston goes over all those
questions in her book
Founders at Work by interviewing some of
the biggest entrepreneurs in the world and asking all the right questions. How
did Steve Wozniak from Apple grow his business? Where did Sabeer Bhatia get the
strength to move past obstacles? All these questions will be answered only if
you read the book!
Ah, conformity. Most people tend to fail because of conformity; they want to
follow what everyone else is doing just to not feel rejected. This book is
perfect for all young entrepreneurs looking to break away from the crowd and
face entrepreneurship head first. It’s time to stop believing the assumptions
we were told about life and start living life differently. In his book, Chris
Gillebeau talks about how to live the life you want, following the rules you
create, and the goals you set for yourself. This is a great and inspiring book
for the young entrepreneur struggling with their ability to break away from
their toxic entourage and making a run for it towards what they want most in
life – entrepreneurship.
The games have changed; building a business is no longer about updating the
business plan every other week according to Eric Ries. In his book, he goes
over the various techniques an entrepreneur can use in order to create a
business that will go against the odds and succeed. He takes on a more
scientific and intuitive approach as to how to be a successful entrepreneur
with a lasting business under your arm.
Everything starts in the mind. If you have negative thoughts all day, it’s
pretty certain that your day will not end on a good note. Kevin D. Johnson
knows that and wants to help entrepreneurs around the world to change their
mindset in order to be successful. In his book,
The Entrepreneur
Mind, Kevin D. Johnson talks about the different ways to change your
way of thinking in order to start a business, make it grow, and make it last.
By the end of the book, he makes sure you know when to keep going and when
it’s time to let go and start again. Being an entrepreneur means being able to
get back up, and this book will teach you how to get back up without too many
scars.
Great for the visual entrepreneur. We’re all used to looking at pictures
more than we are reading books, which is why Alexander Osterwalder wants to
teach you the right way, according to him, to create a business plan and act on
it. With pictures, graphs and timelines, this book is a must-have for every
visionary young entrepreneur. If you need calendars, post-its and picture
reminders in order to do something, this is for you. Build a successful business
plan, and you’ll build a successful business. Back to the basics.
18. Rework by Jason Fried, David Hansson
Compared to Alexander Osterwalder, David Hanson and Jason Fried want to
approach the other type of entrepreneurs – the ones who want fast results and
don’t really care or have the time to go through all the basic steps. The two
authors team up together to crunch down the basics and create a whole new
system that will make you act upon your dreams and goals faster. The book will
motivate you to get up on your feet and move forward without planning the steps
on a piece of paper before. This is for the go-getters who prefer to learn by
doing!
There are many things that school doesn’t teach us, and Ben Horowitz wants
those things to be out in the open for entrepreneurs. His book,
The
Hard Thing About Hard Things, gives advice on how to build and run a
startup in the real world. He will give you advice on things that school
just doesn’t seem to go over, like how to analyze problems and find solutions,
or how difficult running a business actually is. He puts you in the CEO
mentality by sharing his entrepreneurial story of how he overcame the
competition and cultivated success. It’s a great read for young entrepreneurs
looking for a mentor to guide them through their journey. This book isn’t
censored – it’s the real truth about being an entrepreneur!
Jim Rohn has inspired many with his words over the years, and his book
My
Philosophy for Successful Living, is no exception. This book will teach
you the principles and values behind being successful in life. According to Jim
Rohn, living a successful life isn’t about being selfish, it’s
about bringing value to people. It’s about being kind to others and
letting the good karma come back to you. Of course, he pushes you to work hard
towards your goals as well, but he also goes over what a successful attitude
should look like. No one wants to associate with someone who brings them down.
With only 64 pages, it’s a great read to remind yourself to be good to the
people around you and be thankful for everything in your life.
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