7 essential books that every entrepreneur should read
Being an entrepreneur is a challenging and rewarding journey. In addition to practical skills and a clear vision, theoretical knowledge is an essential pillar for success. Here are seven must-have books that provide deep, practical insights for any entrepreneur.
1. "Rich Dad, Poor Dad" by Robert Kiyosaki
This classic explores different approaches to money and investing through Kiyosaki's experience with his "two fathers" - his biological father, "Poor Dad", and his best friend's father, "Rich Dad". The book demystifies financial education and emphasizes the importance of investing in assets.
Main topics:
- Difference Between Assets and Liabilities
- Importance of financial education
- Entrepreneurial vs. entrepreneurial mindset employee mentality
2. "The Power of Habit" by Charles Duhigg
Duhigg explores the science behind habits and how they can be changed to transform our personal and professional lives. The book looks at the "habit loop" - a trigger, a routine and a reward - and how understanding this loop can lead to meaningful change.
Main topics:
- Science of habits
- Habit Loop Structure
- How to turn bad habits into good ones
3. "Lean Startup" by Eric Ries
Eric Ries introduces the concept of "lean startup", focusing on how to create a sustainable and scalable business. It emphasizes the importance of validated learning, scientific experimentation, and agility in product creation.
Main topics:
- Build, measure and learn
- Minimum Viable Product (MVP)
- Pivot or persevere
4. "How to Win Friends and Influence People" by Dale Carnegie
This classic book offers practical techniques for improving communication and interpersonal skills. Carnegie provides strategies for influencing people and building strong relationships, both in personal life and in business.
Main topics:
- Effective communication techniques
- How to gain people's sympathy
- How to influence without generating resistance
5. "From Zero to One" by Peter Thiel
PayPal co-founder Peter Thiel offers insights into building companies that create new things. He argues that true innovation happens by creating something unique, not just improving what already exists.
Main topics
- Build monopolies
- Contrary thinking
- Importance of deep and fundamental questions
6. "Mindset: The New Psychology of Success" by Carol S. Dweck
Dweck explores the difference between a “fixed mindset” and a “growth mindset.” She argues that people with a growth mindset are more likely to achieve success, as they believe that skills and intelligence can be developed through dedication and hard work.
Main topics:
- Difference between fixed and growth mindset
- Impact of mindset on success
- How to develop a growth mindset
7. "Blue Ocean Strategy" by W. Chan Kim and Renée Mauborgne
Kim and Mauborgne present a new approach to business strategy, suggesting that companies should look for "blue oceans" of untapped markets rather than competing in saturated "red oceans." The book provides practical tools for identifying and creating these new market spaces.
Main topics:
- Create and capture new market spaces
- Analytical tools for innovation
- Success stories and practical implementation
Conclusion
Reading these books offers a solid foundation of essential knowledge for any entrepreneur, covering personal finances, habits, creating startups, interpersonal relationships, innovation and the psychology of success. Incorporating these lessons into your arsenal of skills can make a significant difference in your entrepreneurial journey.
Remember that continuous learning is one of the keys to lasting success in the business world. To further expand your e-commerce and Shopify knowledge and skills, visit the PlayEcom website and explore our expert articles and tutorials.
