
The Best 5 Finance Books Every Entrepreneur Should Read
Starting a business is a daunting task. Running a business is a challenging task. Selling a business, closing a business, expanding a business, and everything in between and around these phases is difficult. These five books guide you through all these processes:
1. The 7 Habits of Highly Effective People by Stephen Covey: This book will teach every entrepreneur how to build their business, how to be a better entrepreneur, and how to run a successful business.
The 7 Habits of Highly Effective People by Stephen R. Covey has become one of the best-selling books in the realm of Personal Development and entrepreneurship. With over 15 million copies sold, the seven habits (be proactive; begin with the end in mind; put first things first; think to win/win; seek first to understand, then to be understood; synergize, and sharpen the saw) have helped many people focus on what’s most important to them. Though not directly pertaining to humor in the workplace, the book does help you understand how to create a sense of work/life balance.
2. Think and Grow Rich by Napoleon Hill: This is one of the finest books for entrepreneurs who are looking for some advice on personal and professional development. This book teaches us how to think outside of the box and execute a plan for success.
Written in 1937 after a 25-year research on some of the most economically successful individuals, “Think And Grow Rich” is one of the universally recognized personal development masterpieces (more than one hundred million copies sold worldwide, according to recent estimates). The book‘s philosophy centers around the idea that success, in any endeavour, can be reached through mental visualization and imagination. To put it in simple terms, you can become anything that your mind deems possible; as a result, your mind becomes the one thing that can either stop you or propel you toward becoming the best version of yourself.
3. The Lean Startup by Eric Ries: This book is considered a bible for an aspiring entrepreneur as it teaches us how to build a company in an efficient and effective way by leveraging its employees’ creativity. The Lean Startup is a business approach that is synonymous with the work of Eric Ries (who has also published a book called The Lean Startup) and Stanford professor Steve Blank. It describes a new approach for start-ups and prescribes behaviours they should adopt to increase the likelihood that they will succeed. While the concept is best suited in a technology or Internet context, it has a wider application for all start-ups.
4. Getting Things Done by David Allen: This book will teach you how to avoid this stress and keep a clear mind when you make decisions for your business. Getting Things Done is a system to help us be more organized and productive. It basically turned into a popular movement during the early 2000s. David Allen says we can feel in control of our busy work lives, simply by learning to manage our daily tasks effectively.
5. Predictable Revenue by Aaron: Predictable Revenue is a fantastic book for B2B start-ups that want a more modern perspective on consistent quality lead generation and more predictable revenue. If you lead a team or are part of a team that does any outbound prospecting, Predictable Revenue, by Aaron Ross and Marylou Tyler, is a must-read book for you? In recent times, one of the most influential books on the topic, Predictable Revenue provides a step-by-step process to achieve repeatable and scalable lead generation through outbound – without the traditional cold calling.
To sum up, there are a ton of books out there that can provide valuable financial knowledge. But, these are the best business finance books that cover the most important and effective topics of business.