According to the US Census, bold entrepreneurs start up to 4.4 million new businesses each year. Only half of those companies will be in operation five years later.
What sets successful start-ups apart from the millions of failures? There’s no single, simple answer, but there are plenty of books for entrepreneurs that can offer tips based on experience in the business world.
The best books for small business owners include first-hand anecdotes that can transform your understanding of what it takes to succeed. Excellent business books illuminate the common pitfalls that smart innovators often miss. We sincerely believe a single book can change the trajectory of your life.
We’ve gathered the four best entrepreneur books we’ve read this year to get you started. Read on to discover the tome that will ensure your success.
Table of Contents
1. The Effective Executive by Peter Drucker
When starting a new business, management and leadership resources are indispensable. That’s why our first recommendation is The Effective Executive: The Definitive Guide to Getting the Right Things Done by Peter Drucker. It’s accessible and full of valuable anecdotes that put institutional leadership in perspective.
Drucker shares particular insight into creating effective proposals. If this is an area where you struggle, start here.
2. The $100 Startup by Chris Guillebeau
Sometimes the best way to exceed your own expectations is to begin with a challenge. The $100 Startup is part how-to guide and part inspiration, pushing new business owners to do more with less. Not only will it help you craft compelling and actionable business goals, but it will also help you reframe your role as a leader in your own life.
This is an excellent option for anyone who needs a push to get started. It’s a clear call to action for a reluctant innovator-in-transition.
3. Reading People by Anne Bogel
Entrepreneurial success is about more than ideas and funding. You’ll need to hire dedicated innovators who share your vision and are willing to push hard to see it through. If you can’t read and understand people, how can you expect to see beyond their job interview facade and know you’re investing in the right collaborators?
That’s why Reading People by Anne Bogel should be essential reading for all business owners. Hiring is an investment. Invest in your ability to make the right choices from the start.
4. The Little Red Book of Selling by Jeffrey Gitomer
The word “sales” has a lot of negative associations, but The Little Red Book of Selling seeks to reclaim its reputation. Jeffrey Gitomer takes the sleaze out of becoming an effective salesperson. You’ll learn tips and tricks that can transform your reputation without sacrificing your conversion rate.
Our Top 4 Books for Entrepreneurs
Succeeding in business often depends on your ability to make the right decisions under incredible pressure. Great books on starting a business can supplement your personal experience, offering insights that can steer you in the right direction. All of our top four books for entrepreneurs will help provide you with first-hand advice to ensure your new enterprise’s longevity.
Reading and knowledge are crucial to success in almost any field. Check out the rest of the blog for more informative posts to help you find your footing, whatever you hope to achieve.