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15 Valuable Business Books That Can Bolster Your Skill Set

15 Valuable Business Books That Can Bolster Your Skill Set

According to many studies, the value of an MBA is declining. As more and more people pursue business degrees, and as colleges make those degrees more convenient, the value of the knowledge associated with an MBA is becoming less and less powerful. However, for those seeking to gain business knowledge, there are many cheap and affordable alternatives to an MBA. For that reason, we have compiled a list of 15 short business books that are a valuable alternative to costly educational programs.

1. How To Lie With Statistics by Darrell Huff

How To Lie With Statistics is a valuable alternative to any business statistics class. While not necessarily based heavily in math, this book does give the reader a thorough knowledge of how people use numbers to manipulate facts, to create hypotheses, and, most importantly, how to obscure the truth. Grab this one and learn how you’re being lied to on a daily basis.

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    2. Who Moved My Cheese by Spencer Johnson

    Who Moved My Cheese is an important work detailing valuable business lessons through the parable of two mice caught in a maze. Each day they realize the cheese is not in the same place it was yesterday; this imitates how the goals of a business change and change often, and how the best businesses are able to readily adapt to those changes.

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      3. The Tipping Point by Malcolm Gladwell

      In addition to being prime water-cooler conversation fodder, The Tipping Point makes clear how an idea, business or otherwise, turns from an idea into a trend into a social epidemic. Using examples such as the popularity of Hush Puppy shoes in the ’90’s, The Tipping Point identifies three types of people that contribute to social epidemics and lays out how these types of people can be used to create epidemics. It is a business book that is valuable for marketers and others concerned with how trends form.

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        4. Rich Habits by Thomas Corley

        In Rich Habits, Thomas Corley lays out the results of his five-year study in which he observed the daily habits of both rich and poor people. Rich people were more likely to engage in regular routines such as brushing their teeth or calling friends on their birthdays. This work is special because Corley takes some simple data and makes it into a highly readable, pocket-sized work.

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          5. Good to Great by Jim Collins

          This intricately data-driven study by University of Colorado professor Jim Collins makes his case for why many businesses fail, and what drives those that succeed. Good to Great uses many visual metaphors to make clear how certain companies moved from average to amazing, while others struggle. Collins’ terms “The Hedgehog Concept” and “The Flywheel and the Doom Loop” are vital to the vocabulary of any successful business person.

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            6. Turn the Ship Around! By L. David Marquet

            Marquet, a retired Navy submarine captain, lays out brilliant leadership methods that he developed during his tenure as a leader of men in trying circumstances. In the take-orders culture of the military, Marquet become wary of giving commands that could not be followed, so he turned each of his individual sailors into leaders instead of followers. Turn the Ship Around is an important study of how to empower those in your command to use their minds.

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              7. Thinking Fast, and Slow by Daniel Kahneman

              In Thinking Fast, and Slow, psychologist Daniel Kahneman spends his efforts deconstructing the reasons why people are often misinformed at the first glance, and how leaders can control their thinking to make sure they are not hoodwinked by logical fallacies or by their own emotions. This work is a brilliant piece of writing that delves deep into how our brains don’t necessarily operate efficiently in the short-term, and gives insights about how we can train ourselves to think more coherently long-term.

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                8. The Black Swan by Nassim NicholasTassib

                In The Black Swan, many misconceptions about the impact of the highly improbable are diagnosed and dissected. Many business leaders read this book to understand how wrong they are often are, and the impact of their wrong-headedness on others. This is a brilliant read.

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                  9. Rules for Radicals by Saul Alinsky

                  Alinsky’s book is a manifesto on how to create grassroots support of any idea, no matter how ridiculous or ‘radical.’ Alinsky’s work is often thought of as more of a handbook on how to organize political, but this is the book that created the idea of personalizing trivial issues, and holds many positive thoughts on how to galvanize people.

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                    10. How to Win Friends and Influence People by Dale Carnegie

                    In the early part of the 20th Century, How To Win Friends and Influence People more or less started the self-help movement. This book is a powerful tool on how to negotiate with others, how to influence conversations, and how to look good while doing both. No business leader should go without it.

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                      11. Flow by Mihaly Csikszentmihalyi

                      This work is by an Icelandic psychologist and goes thoroughly in-depth on how creative and scientific types dial into their trade and really begin to experience oneness with their work. A brilliant study on how to tap into your potential, Flow is not to be left off this list.

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                        12. The Balanced Scorecard by Robert S. Kaplan and David P. Norton

                        The Balanced Scorecard is all about creating an optimal strategy and implementing it through accurate performance measures that naturally drive goals to completion. These book has a three-pronged approach to justifying strategy, creating measures that will drive the company forward, and optimizing those measures.

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                          13. Sam Walton: Made In America: by Sam Walton

                          What better way to find out about effectiveness in business than by reading the words and perspective of one of the most successful CEO’s in history. Sam Walton’s story is equal part effective narration of his mindset and shrewd business advice.

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                            14. The Art of the Start 2.0 by Guy Kawasaki

                            Kawasaki’s The Art of the Start 2.0  is a diagram of entrepreneurship and how to build something from the ground up. Kawasaki is thought of as a visionary on many subjects; I, myself, was once in a webinar in which he taught social media skills to many, free of charge. If anyone can do it yourself, it’s you, and if anyone can show you how to do it yourself, it’s Kawasaki.

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                              15. The Lexus and the Olive Tree by Thomas Friedman

                              Friedman has several works that could make this list– most notably The World Is Flat– but The Lexus and the Olive Tree gains the last entry because they truly make the reader delve into and even embrace globalization and the shrinking and complicating of business process as they occur. Read about how geographical and geopolitical boundaries are necessary to be maintained even as business circumvents them all.

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                                Featured photo credit: 42-15181265/Rhodri Utility Warehouse Distributor via flickr.com

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                                Last Updated on November 15, 2018

                                Success In Reaching Goals Is Determined By Mindset

                                Success In Reaching Goals Is Determined By Mindset

                                What do you think it takes to achieve your goals? Hard work? Lots of actions? While these are paramount to becoming successful in reaching our goals, neither of these are possible without a positive mindset.

                                As humans, we naturally tend to lean towards a negative outlook when it comes to our hopes and dreams. We are prone to believing that we have limitations either from within ourselves or from external forces keeping us from truly getting to where we want to be in life. Our tendency to think that we’ll “believe it when we see it” suggests that our mindsets are focused on our goals not really being attainable until they’ve been achieved. The problem with this is that this common mindset fuels our limiting beliefs and shows a lack of faith in ourselves.

                                The Success Mindset

                                Success in achieving our goals comes down to a ‘success mindset’. Successful mindsets are those focused on victory, based on positive mental attitudes, empowering inclinations and good habits. Acquiring a success mindset is the sure-fire way to dramatically increase your chance to achieve your goals.

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                                The idea that achieving our goals comes down to our habits and actions is actually a typical type of mindset that misses a crucial point; that our mindset is, in fact, the determiner of our energy and what actions we take. A negative mindset will tend to create negative actions and similarly if we have a mindset that will only set into action once we see ‘proof’ that our goals are achievable, then the road will be much longer and arduous. This is why, instead of thinking “I’ll believe it when I see it”, a success mindset will think “I’ll see it when I believe it.”

                                The Placebo Effect and What It Shows Us About The Power of Mindset

                                The placebo effect is a perfect example of how mindset really can be powerful. In scientific trials, a group of participants were told they received medication that will heal an ailment but were actually given a sugar pill that does nothing (the placebo). Yet after the trial the participants believed it’s had a positive effect – sometimes even cured their ailment even though nothing has changed. This is the power of mindset.

                                How do we apply this to our goals? Well, when we set goals and dreams how often do we really believe they’ll come to fruition? Have absolute faith that they can be achieved? Have a complete unwavering expectation? Most of us don’t because we hold on to negative mindsets and limiting beliefs about ourselves that stop us from fully believing we are capable or that it’s at all possible. We tend to listen to the opinions of others despite them misaligning with our own or bow to societal pressures that make us believe we should think and act a certain way. There are many reasons why we possess these types of mindsets but a success mindset can be achieved.

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                                How To Create a Success Mindset

                                People with success mindsets have a particular way of perceiving things. They have positive outlooks and are able to put faith fully in their ability to succeed. With that in mind, here are a few ways that can turn a negative mindset into a successful one.

                                1. A Success Mindset Comes From a Growth Mindset

                                How does a mindset even manifest itself? It comes from the way you talk to yourself in the privacy of your own head. Realising this will go a long way towards noticing how you speak to yourself and others around you. If it’s mainly negative language you use when you talk about your goals and aspirations then this is an example of a fixed mindset.

                                A negative mindset brings with it a huge number of limiting beliefs. It creates a fixed mindset – one that can’t see beyond it’s own limitations. A growth mindset sees these limitations and looks beyond them – it finds ways to overcome obstacles and believes that this will result in success. When you think of your goal, a fixed mindset may think “what if I fail?” A growth mindset would look at the same goal and think “failures happen but that doesn’t mean I won’t be successful.”

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                                There’s a lot of power in changing your perspective.

                                2. Look For The Successes

                                It’s really important to get your mind focused on positive aspects of your goal. Finding inspiration through others can be really uplifting and keep you on track with developing your success mindset; reinforcing your belief that your dreams can be achieved. Find people that you can talk with about how they achieved their goals and seek out and surround yourself with positive people. This is crucial if you’re learning to develop a positive mindset.

                                3. Eliminate Negativity

                                You can come up against a lot of negativity sometimes either through other people or within yourself. Understanding that other people’s negative opinions are created through their own fears and limiting beliefs will go a long way in sustaining your success mindset. But for a lot of us, negative chatter can come from within and these usually manifest as negative words such as can’t, won’t, shouldn’t. Sometimes, when we think of how we’re going to achieve our goals, statements in our minds come out as negative absolutes: ‘It never works out for me’ or ‘I always fail.’

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                                When you notice these coming up you need to turn them around with ‘It always works out for me!’ and ‘I never fail!’ The trick is to believe it no matter what’s happened in the past. Remember that every new day is a clean slate and for you to adjust your mindset.

                                4. Create a Vision

                                Envisioning your end goal and seeing it in your mind is an important trait of a success mindset. Allowing ourselves to imagine our success creates a powerful excitement that shouldn’t be underestimated. When our brain becomes excited at the thought of achieving our goals, we become more committed, work harder towards achieving it and more likely to do whatever it takes to make it happen.

                                If this involves creating a vision board that you can look at to remind yourself every day then go for it. Small techniques like this go a long way in sustaining your success mindset and shouldn’t be dismissed.

                                An Inspirational Story…

                                For centuries experts said that running a mile in under 4 minutes was humanly impossible. On the 6th May 1954, Rodger Bannister did just that. As part of his training, Bannister relentlessly visualised the achievement, believing he could accomplish what everyone said wasn’t possible…and he did it.

                                What’s more amazing is that, as soon as Bannister achieved the 4-minute mile, more and more people also achieved it. How was this possible after so many years of no one achieving it? Because in people’s minds it was suddenly possible – once people knew that it was achievable it created a mindset of success and now, after over fifty years since Bannister did the ‘impossible’, his record has been lowered by 17 seconds – the power of the success mindset!

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