The summer holiday is an ideal time for entrepreneurs to enjoy themselves relaxing and reading books. As the summer days warm up and days get longer, most of the people have more free time to start learning new things spatially entrepreneurs! This slower pace gives you an excellent opportunity to get into the business and start learning as much as possible. As an entrepreneur, you need not stop learning. And of course, reading is one of the most effective ways to learn. In this post, we’ve tried to introduce some outstanding summer books for entrepreneurs who wish to enhance their knowledge. They can also develop their business and succeed.
Getting some reading will help you generate some ideas. Moreover, you will be able to chew over, reassess, or even expand your business practices. Today’s giants of the business world like Elon Musk, Jeff Bezos, Warren Buffett, Bill Gates, and nearly all experts agree that’s how knowledge works.
Want to improve your knowledge and business? Here’s a list of books which you can count on this summer:
The book has some remarkable points about startups, labor environments for brand new and small-scale businesses, and a firm conviction for its methodology and beliefs, which is pleasant to read. It starts by learning to ask the questions that guide you to find value in unexpected places. Every chapter is powerful, with quotes and examples that it just points your mind to a different perspective on the startups and people. As opposed to many other startup books, this book’s potential lies in its method of making a point not only through examples but also through experiments. Such a style of communicating a message will make this a lasting book.
Good to Great is told to be one of the impressive books on Jeff Bezos‘s leadership skills. This book is the outcome of a five-year project by Collins and his research team. It explains how enterprises must challenge the bare facts of their business. Entrepreneurs should discover what unique abilities they have, and finally, overcome their flywheel, in which each part of the company strengthens and accelerates the other parts. The results will amaze many readers and throw light on almost every quarter of the management strategy.
These findings are:
- Level 5 Leaders which is the type of leadership required to achieve greatness
- The Hedgehog Concept which means to go from good to great requires surpassing the curse of competence.
- A Culture of Discipline combined with an ethic of entrepreneurship which leads to magical results.
- Technology Accelerators and their important roles.
- The Flywheel and the Doom Loop which means those who make radical changes will almost fail to make the leap.
3.The 4-Hour Workweek by Timothy Ferriss (2007)
4-Hour Workweek is about accepting a new mindset toward your work/life balance. The author claim that the reader should not limit making money to working 8 hours a day, that’s a waste of life!
For the author, there are more fulfilling ways to be financially stable and live a free life. Ferriss gives you instructions, slowly but surely, on how to work less and live more. Living more includes traveling, learning, and spending time with the people you love or you find really interesting!
This book’s Q & A (questions and actions) gives guidelines to shift people out of their comfort zone.
Join Tim Ferriss and he will teach you:
- How to remove 50% of your work in 48 hours?
- How to trade a challenging job for short work fragments and frequent “mini-retirements”?
- What is the vital distinction between absolute and relative income?
- How to train your manager to appreciate performance over presence?
- What are the leadership secrets of Remote Control CEOs?
- How to fill the void up and make your life meaningful after eliminating work?
4.The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses by Eric Ries (2011)
The Lean Startup is an essential and highly acclaimed book for new startup ventures. It is one of the critical business books that dramatically altered the startup environment over the last decade.
Eric Ries stripped everything down to the core underlying principles of being lean and agile in response to customer feedback. The Lean Startup is also heavily biased towards the software industry while coming from that industry.
There is another perspective which is to know your value and where you’re going. You should start with the presumption that you will dominate the industry, and your solution is a game-changer. Zero to One by Peter Thiel also asserts this position.
The practical next steps on the day to day basis of how you prove and correctly position your company for initial customer acquisition is crucial.
The Lean Startup is not only excellent for advice and similar stories to help reinforce the approach but also an inspirational book. This book dares you to challenge everything and rationalize with customer validation that your vision is viable scalable.
Companies will need to innovate more than ever rather than waste time creating elaborate business plans. Ries provides a scientific approach to creating and managing successful startups and offers entrepreneurs – in companies of all kinds – to test their perception continuously and adjust before it’s too late.
5.Theory of People: Understanding Behaviors, Business, Economics, Feelings, and the Mind by Jakub Lasak (2020)
The theory of people is a brand new book revolving around consumer behavior. It is the outcome of three-year scientific research and questions the assumption that exists in social sciences—that human psychology has to be complicated. It also offers a simple explanation that can be verified in multiple experiments and real-life.
This book criticizes scientists’ approach, which includes creating thousands of theories that have no application in real life. On the other side, Jakub provided a simple method that can be applied in various real-life situations.
The theory of people allows us to understand the concepts of Behaviors, Feelings, Mind, Economics, Business, and to answer our questions in these areas.
All in all, It seems to be necessary to put in your “summer books for entrepreneurs” list.
Traction could be summarized in the following sentence “Nearly every unsuccessful startup has a product. What they don’t have is enough customers.”
This book will help you define your business strategy and enhance it over time until you get to a point where you start to detect your traction!
The book revolves around taking steps that make your needle move. Meaning, as long as your business strategy moves your company forward, you are on the right track. Through constant testing and improving, you will get to a stage where what used to work no longer does, so you will need to adjust your activities to your growth.
If you’ve got one book to read about building startup growth, let it be this one. The book does not tell a magical formula for bringing in a million customers overnight. In fact, there is no such formula. What the book does, is to outline a series of tried and proven growth tactics thematically, and to link them to real people in the industry.
If you are running a project, you can start applying those tactics right away, as you read the book. It is not a book you read once, it is more like a guide to return to once in a while.
This book should be required reading for everyone in any form of a leadership role in the real world and of course, putting in your “summer books for entrepreneurs” list. It goes beyond “finding your passion” and gets to the actual root of how to be prosperous. While the book focuses on successful businesses by pointing at the leaders and why they started in the first place, it is entirely applicable to everything we do in life. Examples include historical and non-business stories, and many of the stories are genius.
Moreover, it is an excellent illustration of the significance of communication and the importance of purpose. The mindset of “starting with why” will help you organize your own goals, and the book will give a lot more depth to the idea of the Golden Circle.
Simon Sinek studied the leaders who’ve had the most considerable influence in the world and discovered that they all think, act, and communicate in the exact same way—and it’s the complete conflicting with what everyone else does. Sinek calls this powerful idea The Golden Circle, and it provides a structure upon which entrepreneurs can build organizations, lead movements, and inspire people. And it all starts with WHY.
All in all, it is necessary to know that as we go forward and the technology grows, most of the books revolve around business and entrepreneurship may seem outdated. It is also good to mention that the main concept stays solid so you could adapt the strategies and apply them.
Have fun in the upcoming summer days and enjoy this “summer books for entrepreneurs” reading list!