The difference between being a successful entrepreneur and a business owner is that an entrepreneur has the mindset of an “owner”, someone who is not afraid to take risks, have the courage to take calculated chances, and leave their comfort zone in order to make something happen. A successful entrepreneur listens and learns from people around them, constantly comparing their own experiences with those of others. They use this valuable information as a way to identify opportunities for improvement or growth.
Book 1: Think and Grow Rich by Napoleon Hill
If you’re reading this, you should have read this book at least once. If you haven’t already, turn off your computer and go out and buy a copy. Don’t return until you’ve finished. This book is the originator of the “law of attraction,” which states that you will get what you want most if you work hard enough. I get so caught up in the day-to-day operations of running a business that I forget why I’m there! This book teaches me that if I keep that goal in my mind at all times, I will succeed.
Book 2: The One Thing by Gary Keller
Do you have any idea who you are? What factors contribute to your success? These are the questions that The One Thing raises. This is the book you need if you can’t figure out what makes you special or valuable. This book taught me how to analyse myself; once I figured out what makes me unique, I was able to ignore distractions and become more profitable.
Book 3: Manage Your Day-to-Day by Jocelyn K. Glei
“Stop wasting your time with useless tasks. Start putting forth your best effort “is the book’s central theme. Many times, I’ve met inspiring entrepreneurs and creative geniuses who are unable to achieve extraordinary success due to a poor schedule or a lack of routine. The same thing happened to me. Until I created a manageable schedule, no amount of talent or skill could help me.
I used to always rush to the office to put out the latest “fire,” and I would get nothing done all day. When I come in with a plan in place, I not only add more value, but I also get more done, and things tend to fall into place.
Book 4: Traction by Gabriel Weinberg
Successful companies aren’t the first ones to the market. The best startups aren’t the ones with the most original product. (Ask Myspace, Yahoo, or Vine.) Startups rise and fall on the traction they have at operational levels. You can have the best idea in the world, but if your production process is garbage, you’ll never make a dime. Traction is the easiest way to bring your company in line with your goals. It’s the CliffsNotes version of running an effective business.
Book 5: Mastery by Robert Greene
Success is not what you know. It’s about who you are. Taking a true leader in any industry, he or she may find a way to succeed in other industries. Why? The qualities required for success are not limited by the degree of the university and do not vary from industry to industry. The
Mastery will teach you what those traits are, how many of your own you have, and how to develop what you are missing. And if you master yourself, the rest is easy. You can master any industry or market. Mastery is a book that I have visited many times to remind myself of my qualities, and then I find something I missed. When I put it back into practice, the way my business fixes itself is almost magical!
Whether you are just starting a business or a longtime veteran, you will face business challenges. You have to take the time to read. From classics to newly released titles, books should be taken by all entrepreneurs.