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10 Powerful Books Every Entrepreneur Needs To Read

10 Powerful Books Every Entrepreneur Needs To Read

1. The Knowledge to Succeed by Wendy Day
Wendy Day - The Knowledge to Succeed
    Put the business in music business…

    You may not have heard of Wendy Day, but you hear the fruits of her labor everywhere. Tired of seeing her favorite musicians being screwed, Day quit her day job and went to work in the music industry. She’s credited for discovering Master P and his No Limit Records label, Eminem, Cash Money Records (Lil Wayne, BG, Juvenile, Hot Boyz, Big Tymers, etc), Twista, Do Or Die, David Banner, and many others. The Knowledge to Succeed is where Wendy Day teaches anyone how to replicate their success or hers.

    2. The Seven Habits of Highly Effective People by Steven R. Covey

      Seven Habits is a timeless lesson in leadership and success. By changing your mindset to embrace an alternative perspective, Covey walks you through the self-mastery Paradigm Shift. The process is broken down into Independence, Interdependence, and Continual Improvement, resulting in meaningful and consistent growth.

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      3. The 4-Hour Workweek by Timothy Ferriss

      The 4-Hour Workweek

        Prepare to have your mind blown. Americans have the least amount of vacation hours in the industrial world. We also work much more than 40 hours per week. Timothy Ferriss challenges conventional wisdom by providing case after case to prove normal “banking hours” aren’t as productive as we think. As an entrepreneur, you’ll find it easy to relate to the ideas presented in Workweek

        4. Shark Tank: Jump Start Your Business by Michael Parrish DuDell and the Shark Tank cast

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        Shark Tank - Jump Start Your Business

          On the hit ABC show Shark Tank, hopeful entrepreneurs present their business ideas to savvy investors, such as FUBU founder Damon Johns and Dallas Maverick owner Mark Cuban. The show is filled with useful business advice from these savvy investors that every entrepreneur could use. From always knowing your customer acquisition cost to the real-world value of your business, don’t start a business without the fundamentals from the sharks.

          5. The Secret by Rhonda Byrne

          Rhonda Byrne - The Secret
            It’s no secret – you’re the problem…

            A company’s brand is an extension of the person running it. If you want to create a successful business, you’ll need to create a successful self. Self-help books are an oxymoron, but The Secret manages to avoid the pitfalls of the genre by focusing on actionable exercises over generic advice. It’s no secret that Byrne’s tips lead you down a better path, so add it to your entrepreneurial reading list.

            6. Who Moved My Cheese? by Dr. Spencer Johnson

            Who Moved My Cheese by Spencer Johnson, M.D.
              Cheesy, but invaluable…

              The business world is a rat race, and Dr. Spencer Johnson uses this imagery to illustrate our different reactions to change. Cheese is a business fable featuring two mice and two littlepeople. When their treasured cheese supply dwindles, the characters have different reactions to the change. Traversing through the maze, some learn to adapt to their new cheese situation, while attempting to assist the others in finding their own way. Change is inevitable, and as an entrepreneur it becomes part of your daily routine. Dr. Johnson can help you find comfort when you’re constantly forced out of your zone.

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              7. How to Win Friends and Influence People by Dale Carnagie

              How to Win Friends and Influence People by Dale Carnegie

                Although Simon Pegg’s spoof How to Lose Friends and Alienate People is a great tip of the hat to the disruptive side of relationships, Dale Carnagie’s classic book is every bit as relevant today as it was the day it was written. Negotiations are a cornerstone of entrepreneurial endeavors. Learn how to successfully steer people toward your line of thinking, whether it’s clients, customers, or employees.

                8. Losing My Virginity by Richard Branson

                Losing My Virginity by Richard Branson
                  No man is an island, but some own one…

                  If you’re going to emulate someone in business, you’d be hard-pressed to find someone better than Richard Branson. He started his first business at 17, and opened the Virgin Records stores at 22. Branson expanded his iconic Virgin brand from a record store to an empire, including a music label, airline, mobile carrier, and even a space shuttle. Branson even has his own island where celebrities such as Mariah Carey take a vacation. He explains how he did it in his own words in Virginity

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                  ,his autobiography.

                  9. Il Principe (The Prince) by Nicolo Machiavelli

                  The Prince by Niccolo Machiavelli
                    Ever wonder what made Tupac 2Pac?

                    In 1532, Nicolo Machiavelli published one of the most important works of political philosophy in human history. Although written in Italian, and quite short, he summarizes all the lures and trappings of the quest for power. It may seem like an oddball choice for an entrepreneur, but it’s important to understand that when you stand on your own and attempt to build an empire, you’re joining reality’s Game of Thrones, and those in power will notice your success because it takes away from theirs. Know your enemy – you may one day become him.

                    10. The Signal And The Noise by Nate Silver

                    The Signal and the Noise by Nate Silver

                      Big data is a new concept to many people, but it’s been studied by large organizations for years. After gaining public recognition for developing a performance forecasting system for Major League Baseball, Nate moved into politics, where he analyzed the data and near-flawlessly predicted the results of both the 2008 and 2012 elections. As big data becomes more prominent, every entrepreneur needs to understand what it is and how it can be leveraged. The Signal And The Noise is your first lesson.

                      Featured photo credit: Rene Skaflestad via reneskaflestad.com

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                      Last Updated on March 23, 2021

                      Manage Your Energy so You Can Manage Your Time

                      Manage Your Energy so You Can Manage Your Time

                      One of the greatest ironies of this age is that while various gadgets like smartphones and netbooks allow you to multitask, it seems that you never manage to get things done. You are caught in the busyness trap. There’s just too much work to do in one day that sometimes you end up exhausted with half-finished tasks.

                      The problem lies in how to keep our energy level high to ensure that you finish at least one of your most important tasks for the day. There’s just not enough hours in a day and it’s not possible to be productive the whole time.

                      You need more than time management. You need energy management

                      1. Dispel the idea that you need to be a “morning person” to be productive

                      How many times have you heard (or read) this advice – wake up early so that you can do all the tasks at hand. There’s nothing wrong with that advice. It’s actually reeks of good common sense – start early, finish early. The thing is that technique alone won’t work with everyone. Especially not with people who are not morning larks.

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                      I should know because I was once deluded with the idea that I will be more productive if I get out of bed by 6 a.m. Like most of you Lifehackers, I’m always on the lookout for productivity hacks because I have a lot of things in my plate. I’m working full time as an editor for a news agency, while at the same time tending to my side business as a content marketing strategist. I’m also a travel blogger and oh yeah, I forgot, I also have a life.

                      I read a lot of productivity books and blogs looking for ways to make the most of my 24 hours. Most stories on productivity stress waking up early. So I did – and I was a major failure in that department – both in waking up early and finishing early.

                      2. Determine your “peak hours”

                      Energy management begins with looking for your most productive hours in a day. Getting attuned to your body clock won’t happen instantly but there’s a way around it.

                      Monitor your working habits for one week and list down the time when you managed to do the most work. Take note also of what you feel during those hours – do you feel energized or lethargic? Monitor this and you will find a pattern later on.

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                      My experiment with being a morning lark proved that ignoring my body clock and just doing it by disciplining myself to wake up before 8 a.m. will push me to be more productive. I thought that by writing blog posts and other reports in the morning that I would be finished by noon and use my lunch break for a quick gym session. That never happened. I was sleepy, distracted and couldn’t write jack before 10 a.m.

                      In fact that was one experiment that I shouldn’t have tried because I should know better. After all, I’ve been writing for a living for the last 15 years, and I have observed time and again that I write more –and better – in the afternoon and in evenings after supper. I’m a night owl. I might as well, accept it and work around it.

                      Just recently, I was so fired up by a certain idea that – even if I’m back home tired from work – I took out my netbook, wrote and published a 600-word blog post by 11 p.m. This is a bit extreme and one of my rare outbursts of energy, but it works for me.

                      3. Block those high-energy hours

                      Once you have a sense of that high-energy time, you can then mold your schedule so that your other less important tasks will be scheduled either before or after this designated productive time.

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                      Block them out in your calendar and use the high-energy hours for your high priority tasks – especially those that require more of your mental energy and focus. You also need to use these hours to any task that will bring you closer to you life’s goal.

                      If you are a morning person, you might want to schedule most business meetings before lunch time as it’s important to keep your mind sharp and focused. But nothing is set in stone. Sometimes you have to sacrifice those productive hours to attend to other personal stuff – like if you or your family members are sick or if you have to attend your son’s graduation.

                      That said, just remember to keep those productive times on your calendar. You may allow for some exemptions but stick to that schedule as much as possible.

                      There’s no right or wrong way of using this energy management technique because everything depends on your own personal circumstances. What you need to remember is that you have to accept what works for you – and not what other productivity gurus say you should do.

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                      Understanding your own body clock is the key to time management. Without it, you end up exhausted chasing a never-ending cycle of tasks and frustrations.

                      Featured photo credit: Collin Hardy via unsplash.com

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