“The man who does not read best books has no advantage over the man who can not read.” -MARK TWAIN
In this article, We have created a list of life-changing 52 Best Books For Entrepreneurs which you must read in order to improve yourself in 2019.
The average CEO reads 60 best books a year…
Because they know that the key to success is constant learning.
But how do you keep up?
Well…. This article is the answer.
Whether it’s for a massive competitive edge in business, or to take your personal and social life to a new stratosphere… we’ll show you how.
The majority of wealthy people devote at least 30 minutes a day to reading. If it works for them, it could work for you.
If you are an aspiring entrepreneur or already one, this ultimate guide of 52 all-time best books will just be the most helpful thing you ever came across.
Even if you are not a bibliophile, the contents of these books will leave you within your space, compelling you to regret all those years you ran away from books. So, the list starts from here.
Also, this is a list, but it is not meant to be read as a ranking. Each of those books has shaped and sharpened my understanding of the entrepreneurial and business world in a way that is not possible to rank it.
For a productive start to the new year, crack open one of these highly recommended and helpful books.
Here is the ultimate guide of 52 All-Time Best Books For Entrepreneurs:
If you are looking for a tool that can boost your effectiveness in the real world, there is no better book than Tim Ferris’ “Tools of Titans.”
In fact, this is a book about health, wealth, and wisdom (the book comprises three sections).
Favorite quote: “The world is changed by your example, not by your opinion.”
Tools of Titans is the distilled knowledge of over 200+ guests interviewed in more than two decades at “The Tim Ferris Show,” one of the best podcasts currently available for business and lifestyle.
What makes Tools of Titans unique?
Most of the content of the book is actionable. Ready for use. In other words, if you are looking to transform your life, that is a fantastic way to start.
I suggest you go through this book with a notepad and mark the pages you find more interesting (you will see most parts of the book fascinating).
Buy it here OR
This book is written by Napoleon Hill. The biggest seller of Hill’s books. Although written in 1937, the book is highly useful to the youth of this age.
The book talks about the 13 principles of ‘Philosophy and achievement’, positive talk, the influence of people on us.
Favorite quote: “When defeat comes, accept it as a signal that your plans are not sound, rebuild those plans, and set sail once more toward your coveted goal.”
Boost after a defeat. This quote tells us that we need to accept our mistakes first to move forward and succeed.
An absolute divine mix of thoughtfulness and positivity.
Buy it here OR
The book is written by Robert Kiyosaki. Highly successful and sold over millions of copies, Rich dad poor dad is based on the personal experiences of Kiyosaki’s childhood and life.
The book talks about the Rich dad, who is eighth grade dropout but successful self earned millionaire, the father of the author’s best friend.
The poor dad is author’s own father, who is highly educated but poor.
Favorite quote: “We all have tremendous potential, and we all are blessed with gifts. Yet, the one thing that holds all of us back is some degree of self-doubt. It is not so much the lack of technical information that holds us back, but more the lack of self-confidence.”
The glimpse of this beautiful book. The book, although talks about financial independence, investment, real estate, and the fiscal intelligence, it also says a big No for self-doubt, lust for money, mediocre methodology.
Oprah Winfrey loved this book and endorsed it on her show. Do I need to say more?
Buy it here OR
Related: Book Review: Rich Dad Poor Dad
A great book is written for every stockholder, The Intelligent Investor: The Definitive Book On Value Investing was one of the first books that narrated the possible implementation of financial analysis to stock investments. Warren Buffett defines it as one of the best investment books ever written.
In the book, Graham has explained various principles and strategies for investing safely and successfully without taking bigger risks.
Modern-day investors still continue to use his proven and well-executed techniques for value investment.
The author of this phenomenal book is widely regarded as one of the greatest investment advisors of the twentieth century.
He shares his philosophy of value investing, a concept that can protect investors from considerable errors and subsequent losses.
This stock market bible advises readers to plan long term.
It is a detailed version with several wisdom quotes that are likely to change one’s investing career and lead to the path of financial safety and security.
Buy it here OR
Written by Eric Ries, the book is highly productive and goes on a different track, a fresh piece of advice on the entrepreneurship.
The book advice the readers to not to stick to a non-fruitful or a moderately performing plan but to adapt, change and modify yourself and the program according to the new needs and innovations.
Favorite quote: “Leadership requires creating conditions that enable employees to do the kinds of experimentation that entrepreneurship requires.”
This pristine take on leadership will certainly help the reader, helping him apprehend the actual leadership qualities, and if you are already a good one, it will help in getting better.
The unique path this book lays on the concept of entrepreneurship is prominently appreciable.
Buy it here OR
Related: 8 Deadly Start-Up Mistakes To Avoid
6.Rich20Something: Ditch Your Average Job, Start an Epic Business, and Score the Life YouWritten by Daniel DiPiazza, the young founder of the massively popular Rich20Something.com, was once a typical twentysomething, logging mind-numbing hours at low-paying jobs in hopes of moving up.
Now twenty-eight, DiPiazza has launched multiple successful businesses with zero startup capital—simply by identifying and monetizing his skills into a career and life he loves. And with this book, so can you.
DiPiazza teaches you step-by-step techniques for turning your best skills into a business you’re passionate about that pays well to boot, including success secrets like:
– The three questions that will help fail-proof your business idea
– How to ruthlessly prioritize, focus, and “ride the Motivation Wave” to get your gig-going
– Promotion strategies that literally make you money while you sleep
It’s time to toss out your parents’ career guides (sorry, mom and dad). Rich20Something is the only book you need to blaze your own path to an epic career and start getting the most out of your life now.
Buy it here OR
A total straightforward title! So you get the picture of the content if the book. This book is written by Dale Breckenridge Carnegie, a self-help writer and designed several courses on public speaking, corporate training, and interpersonal skills and this book is majorly focusing all of that.
All these are very much essential in the development of the personality of a person as well as the organization.
Favorite quote: “The first sign of greatness is when a man does not attempt to look and act great. Before you can call yourself a man at all, Kipling assures us, you must “not look too good nor talk too wise.”
Right you are, Sir Carnegie, the book gives you the most useful thoughts and apprehension about the self-consciousness, overcoming the fear of the audience, persuasion skills, and personality enhancement.
The book overall is useful to every other person there is!
Buy it here OR
8. Zero To OneWritten by Peter Thiel, the legendary entrepreneur, and the investor himself, this book is a masterpiece!
The book talks about the innovations, tells the reader that progress can be achieved by the most important quality of the entrepreneur, learning to think for one’s self!
Favorite quote: “ZERO TO ONE EVERY MOMENT IN BUSINESS happens only once. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine.”
This quote explains a lot about innovative thinking rather than going down the path that’s already been walked on.
The book also pushes the reader to ask himself the right questions, prompts him to think that success can be achieved in any place.
Buy it here OR
In a straightforward and accessible manner, the Dhandho Investor lays out the powerful framework of value investing.
Written with the intelligent individual investor in mind, this comprehensive guide distills the Dhandho capital allocation framework of the business savvy Patels from India and presents how they can be applied successfully to the stock market and real estate.
Readers will be introduced to important value investing concepts such as “Heads, I win! Tails, I don’t lose that much!,” “Few Bets, Big Bets, Infrequent Bets,” Abhimanyu’s dilemma and a detailed treatise on using the Kelly Formula to invest in undervalued stocks.
Using a light, entertaining style, Pabrai lays out the Dhandho framework in an easy-to-use format.
Any investor who adopts the framework is bound to improve on results and soundly beat the markets and most professionals.
Buy it here OR
The book is written by Robert B. Cialdini, gives very useful tips and thoughts about your persuasion skills.
Favorite quote: “Often we don’t realize that our attitude toward something has been influenced by the number of times we have been exposed to it in the past.”
Another unconventional quote, which makes us question the things we have been avoiding so far due to the experiences we have gone through in the past.
The book is comprised of quotes like these, which are about passive issues which are mostly gone unnoticed.
Buy it here OR
Summary of the Book
Mark McCormack’s story of success is an inspiring one.
His strategies to tackle business issues such as analysing oneself and others, negotiation, sales, decision-making, time management, and communication, have set benchmarks for others.
This title shares the author’s techniques, business skills, and wisdom based on his experience of over twenty-five years.
It fills the gaps between what they teach in business schools and what a businessman learns in day-to-day experiences of running a business and managing people for real.
This complete summary of the ideas from Mark H. McCormack’s book “What They don’t Teach You at Harvard Business School” demonstrates that a business school can’t teach you how to be street smart.
Buy it here OR
The book’s major focus is about intuition, emotion, and logic.
The book also discusses the places where we can use our emotions, where our strategies go wrong and other things.
Favorite quote: “The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even if they see little.”
The book, just like I mentioned, has the above quote, which is both logical and illogical too.
The confusion of the things, the way we emotions and intuitions can make things seem wholly different can be found in the book.
Buy it here OR
Bogle, founder of the Vanguard Group and creator of the world’s first index fund, details the simplest and most efficient strategy: low-cost index funds.
Warren Buffett also says that every investor, large-scale and small, should pick up a copy.
He also lets his reader know how easy it may seem, starting a company but how hard it is to run one.
Favorite quote; “Hard things are hard because there are no easy answers or recipes. They are hard because your emotions are at odds with your logic. They are hard because you don’t know the answer, and you cannot ask for help without showing weakness.”
Okay, I admit this is harsh but it is the truth.
Brace yourself as you are going to come across so many bitter things like this but eventually, you will realize the immense importance of the truths you failed to realize, even if realized, the ones you ignore.
Almost everyone dreams of starting their own business but very few do.
But what if it only had to be a decision of a weekend and it didn’t cost a fortune?
In 48-Hour Start-Up, Fraser Doherty uses his experience building a multi-million-dollar company to attempt an experiment; starting with a blank piece of paper.
He sets out to start a profitable new business over a weekend, without relying on any technical ability whatsoever.
He succeeds and you can, too.
This book is perfect for – Young entrepreneurs – Students learning about start-ups – Established entrepreneurs looking for shortcuts – Teams within corporates who want to create a more innovative and competitive environment
The author is so sweet, he doesn’t suggest you that you need to have supernatural powers to achieve something, he tells that if you are nothing but ordinary, you can still achieve success with the plan and executing the plan in a perfect way.
Favourite quote: “Look at things not as they are, but as they can be. Visualization adds value to everything. A big thinker always visualizes what can be done in the future. He isn’t stuck with the present”
The beauty in belief and vision is clearly expressed here and inspires the reader to visualize without fear and execute without any doubt.
The book will coax you to wake your dormant ideas and beliefs.
Helping you refresh your mind and soul, the pieces put together from this book will lay the path of success to the young entrepreneur.
With a $40 budget, Daymond had to strategize out-of-the-box ways to promote his products.
Favorite quote: “When your back is up against the wall, your bank account is empty, and creativity and passion are the only resources you can afford, success is your only option.”
The author shows that, far from being a liability, broke can actually be your greatest competitive advantage as an entrepreneur.
Why? Because starting a business from broke forces you to think more creatively.
It forces you to use your resources more efficiently.
This book also include stories of dozens of other entrepreneurs who have hustled their way to wealth. You’ll meet:
· Steve Aoki, the electronic dance music (EDM) deejay.
· Gigi Butler, a cleaning lady from Nashville who built cupcake empire.
The passions, desires we have in lives and the ways we can convert them into purposeful projects and also earn a good living.
They identified people who are making it huge with really low investments fills the reader with fresh passion and the thirst for success.
Favorite quote: “As you begin to think like an entrepreneur, you’ll notice that business ideas can come from anywhere.”
This quote right here, is the cherry on the cake. The book has several useful and valuable quotes but, this one prompts the entrepreneur to think outside the box, not to stick to the old ways and encourages to think big and new.
Overall, the book mostly focuses on helping the reader in following his passions, identifying the winners, investing in them and also about the lifestyle.
The No. 1 New York Times best-selling author teaches you that you don’t have to predict the future to win the investment game; rather, if you focus on what you can control, you can be the master of your investment fate.
Self-made millionaire and financial adviser David Bach exposes a handful of money misconceptions in his easy-to-read bestseller.
As you’ll learn in “The Automatic Millionaire,” you don’t need a budget, you don’t need to make a lot of money and you don’t even need the willpower to accumulate a fortune.
Tim Ferriss released another monster book, as he is known for doing. How Ferriss came up with the idea to write this book, and how he went about doing it, is just as instructive as any of the advice within its pages.
The intro of this book explains Ferriss’ process of goal-creation and execution that anyone seeking success could benefit from reading.
Penned down by Kevin.D. Johnson, it is one of the best business books there are. Business is not much an attainable topic to every reader but the author simplified it and made it approachable to everyone. ‘The entrepreneur’s mind’ gives dearly knowledge about the way one is supposed to think to achieve success, with a share of the author’s personal experiences and the practices, attributes of various celebrated entrepreneurs and more!
Favorite quote: “elite entrepreneurs respond quickly, put their business first, consult with mentors often, hire the best team, create an environment of stressful urgency, use time wisely, and so on’
The author has several scholarly insights and he shares it with his readers in a very simplified and straight manner. He also tells us about the elite habits of the businessmen, for instance, this quote tells about the right way entrepreneurs use their time and efforts. The ways of executing an idea successfully, the book is like a blueprint of the entrepreneurship!
In just a decade and a half Jack Ma, a man who rose from humble beginnings and started his career as an English teacher, founded and built Alibaba into the second largest Internet company in the world. The company’s $25 billion IPO in 2014 was the world’s largest, valuing the company more than Facebook or Coca Cola.
Alibaba today runs the e-commerce services that hundreds of millions of Chinese consumers depend on every day, providing employment and income for tens of millions more.
Duncan explores vital questions about the company’s past, present, and future: How, from such unremarkable origins, did Jack Ma build Alibaba?
What explains his relentless drive and his ability to outsmart his competitors? With over 80% of China’s e-commerce market, how long can the company hope to maintain its dominance? How will Alibaba grow its presence and investments in the US and other international markets?
If you procrastinate, this book is not your cup of tea.
Rework, by Jason Fried, co founder and president of 37signals, will not give you any advice on ‘what to do’.
This one guides you on ‘how to do’! This is one book you can’t put down once you start reading, The book talks about the little things that get ignored usually, the way sometimes intuition can go horribly wrong, the way getting competition into your head can actually harm you is clearly stated in the book.
Favorite quote: “When you don’t know what you believe, everything becomes an argument. Everything is debatable. But when you stand for something, decisions are obvious.”
This one is not just something you need to remember in just business but in life! The sheer honesty presented along with philosophy will make you want to eliminate the distractions in life there and then.
The book will clear your sight, making you want to prioritize certain things and will help you with organizing things and making progress in your entrepreneur career!
Everyone dreams of getting better, growing in career, moving forward in life but only some actually achieve it.
The people who stop making plans in their heads and start implementing are the ones who actually win at life.
This book by Scott Fox is for all those people who are the do-ers.
A very useful guide on teaching the young startups about the marketing techniques, financial adjustments, revenue management and many beneficial techniques and tips for the young and aspiring tycoons.
Favorite quote: “Money is not the destination on your life’s road trip; it’s just the gas to help you enjoy the journey.”
The quote is just another peek at what treasure you are going to find in the book. The quote relates to the financial and recurring income management. One of the interrelated topic of marketing management that can be found in the book. The book not only fulfills the tall claim of being an absolute business guide but also can be related to in one’s personal life.
From Guy Kawasaki, the bestselling author, The Art of Social Media is a no-nonsense guide to becoming a social media superstar. By now it’s clear that whether you’re promoting a business, a product or yourself, social media is near the top of what will determine your success or failure. And there are countless pundits, authors, and consultants eager to advise you.
But there’s no one quite like Guy Kawasaki, the legendary former chief evangelist for Apple and one of the pioneers of business blogging, tweeting, Facebooking, tumbling and much, much more.
With more than 100 practical tips, tricks and insights, they guide you through the steps of building your foundation, amassing your digital assets, going to market, optimizing your profile, attracting more followers and effectively integrating social media and blogging.
For beginners overwhelmed by too many choices, as well as seasoned professionals eager to improve their game, The Art of Social Media is full of tactics that have been proven to work in the real world. Or as Guy puts it, “Great Stuff, No Fluff.
Ah, bible of entrepreneurship and finance management.
The book is written by George S Clason, a classic! Loved and relished by millions, this book is basically for everyone, not just entrepreneurs, although they can be benefited particularly.
A worth reading one with tips for people who are distinct about their finances.
You will understand why books are called as treasures after reading this one.
Favorite quote: “Advice is one thing that is freely given away, but watch that you only take what is worth having.”
Right, so we may have many dears and well-wishers who want us to prosper, yadda yadda.
But then, too many cooks spoil the broth! This quote advices exactly the same.
The author shows you the way, all you need to do is connect the dots.
Saving 10% of everything and investing the savings is the main mantra of this book. Like I said, a classics.
The pioneer of Paypal, Tesla Motors, SpaceX, the legendary Elon Musk’s biography, captured by Ashlee Vance. The dreams of Musk, his upbringing in South Africa, the way he had landed into the United states, his involvement in technology, his innovative ideas and more. The book is a total inspiration for young entrepreneurs and there is so much to learn from the real-life Tony stark!
Favorite quote: “It is important to view knowledge as sort of a semantic tree — make sure you understand the fundamental principles, ie the trunk and big branches, before you get into the leaves/details or there is nothing for them to hang on to.”
This quote tells us about the difference between the geniuses and the not so geniuses. The book will show us the way, literally let us know the “when there is a will, there is a way’, the aftermath of Paypal acquisition, the launching of Tesla Motors, SpaceX and the subsequent incidents through all this. True motivation and stimulus to entrepreneurs!
Whether you are selling houses or mutual funds, advertisements or ideas—or anything else—this book is for you.
When Frank Bettger was twenty-nine he was a failed insurance salesman.
By the time he was forty he owned a country estate and could have retired.
What are the selling secrets that turned Bettger’s life around from defeat to unparalleled success and fame as one of the highest paid salesmen in America?
The answer is inside How I Raised Myself from Failure to Success in Selling.
Bettger reveals his personal experiences and explains the foolproof principles that he developed and perfected.
No matter what you sell, you will be more efficient and profitable—and more valuable to your company—when you apply Bettger’s keen insights on:
• The power of enthusiasm
• How to conquer fear
• The keyword for turning a skeptical client into an enthusiastic buyer
• The quickest way to win confidence
• Seven golden rules for closing a sale
The book is full of ideas that will help the young entrepreneur to start his own company with low income, taking the help of his wits, passion and internet.
The advice from the charming leader of his own organization, Gary gives you his immense perception on the topic.
Favorite quote: “Live your passion. What does that mean, anyway? It means that when you get up for work every morning, every single morning, you are pumped because you get to talk about or work with or do the thing that interests you the most in the world.
You don’t live for vacations because you don’t need a break from what you’re doing—working, playing, and relaxing are one and the same.”
Simple yet realistic. That’s how the whole book is! The numerous ways you can use your passion, turn time into money, make things that are useful and entertaining to you as well as profitable, all these are the exclusive lessons you are going to get from a highly skilled teacher like Gary.
Pull this in your “to-read” list already!
Good professionals learn the trade.
This is what You Can Sell teaches you how to do-to gain thorough knowledge of the trade, better understanding of the task at hand and sell your way to success.
This book explains how to:
* Gain success and avoid pitfalls
* Meet and exceed goals
* Establish credibility and grow
* Gain a competitive edge
* Learn the qualities of a winning professional.
With 42 chapters, covering all of the life of Jobs, including his childhood, his teenage, the apple, the controversy about his daughter, the limelight of apple, the success of Macintosh, the remaining journey of Apple and pretty much everything about Jobs that we need to know.
Favorite quote: “If you just sit and observe, you will see how restless your mind is. If you try to calm it, it only makes it worse, but over time it does calm, and when it does, there’s room to hear more subtle things”
You see this quote? Although most of us prefer to watch the movie because of Ashton Kutcher (Yes, I’m looking directly at you, girls!), read the book, you can drool over him later!
The book has many things that will genuinely help an entrepreneur and also, you can take a look at what it is like in that genius’s head!
If you don’t plan on working hard all your life… this book is for you. If you’re ready to retire (or want to retire early enough to enjoy your retirement years) you can learn from Robert’s story of how he and his wife Kim started with nothing and ‘retired’–financially free–in less than 10 years.
This book makes the case for how a context shift in the way we think about money and investing allows us to see opportunities others miss and create the life you deserve.
The book is written by M.J.DeMarco, the book rubbishes the old methods of finance, revenue, and income management which is designed to make you retire rich, that is!
But, The Millionaire Fastlane helps you grow rich young, techniques of retiring out of that boring 9-5 job, getting your own independence of revenue, and yes, not drowning in the sea of depths for all this!
Favorite quote: “Money is like a mischievous cat; if you chase it around the neighborhood, it eludes you. It hides up a tree, behind the rose bush, or in the garden. However, if you ignore it and focus on what attracts the cat, it comes to you and sits in your lap.”
The book gives you inspiration, motivates you to not to settle for anything less than what you deserve, gives you the much-needed push to get your own access to that alternative, parallel yet the road that takes you faster to your destination!
Written by Brian Tracy, one of the bestsellers, this book talks about the importance of the right amount of focus one is supposed to have during the task you are carrying out.
The book talks about the seven vital areas where one is supposed to have expertise and focus to succeed in life and career.
Favorite quote: “Just as your car runs more smoothly and requires less energy to go faster and farther when the wheels are in perfect alignment, you perform better when your thoughts, feelings, emotions, goals, and values are in balance.”
The importance of mental health just about told in one sentence!
The book, as I mentioned, tells you how to be a total win-win, with the right amount of focus on the right things and how they will help you to proceed and progress towards your target.
On the whole, the book’s spirituality and brilliance will fuel passion!
Author talks about the entrepreneur’s techniques, that help them up with the personal life, career, profession and the lifestyle.
What’s more, this book is written with the extensive knowledge and research of not just the interviews of the tycoons but also the medical sciences and the psychology.
Favorite quote: “If you can’t tell me what you’d like to be happening, you don’t have a problem yet. You’re just complaining. A problem only exists if there is a difference between what is actually happening and what you desire to be happening.”
Confusing? Yet totally clear in some sort of bizarre way. The book is a manual, no, a prototype for the modern day life itself, the way we arrange our meetings minute to minute and schedule our life according to it. The knowledge obtained by this book will help you worm its way into the busiest of busy schedules and rule it!
Rich Dad’s Guide to Investing is a roadmap for those who want to become successful investors and invest in the types of assets that the rich do.
Whether your goal is to become financially secure, comfortable, or rich this book is your guide to understanding the asset classes and investment strategy.
Robert explains his basic rules of investing, how to reduce your risk and Rich Dad’s 10 Investor Controls as well as ways to convert your earned income into passive portfolio income.
In this particular book, the story is about the young and aspiring entrepreneurs who are driven, focused and hungry for success and power. Rashmi explains that there is no immediate need of any kind of assets except for your brains and innovation.
Favorite quote: “In India, if you want a successful company, you have to give at least 75% of your time to sales.
When I say sales, I mean ‘face to face’ meetings. Look at Justdial, Naukri or Zomato – they have all made money through feet on street.
Stay grounded and stay focused, automatically, success will come to you.”
A piece of useful advice, is it not? Stay grounded and stay focused.
The book as I said, is all about the ideas you need to have and the only thing you will be needing is an internet connection, passion, and energy. A really, really cool book.
In this book, Stephen Covey gives an intense approach to being masterful in accomplishing personal changes which ultimately lead to success.
He treats the readers to the paradigm-shifting approach that to anyone thing there are various perspectives.
Readers get a clear picture of how perspectives rule our lives and how a shift in the perspective or accepting other’s perspectives also as valid can bring about a whole new personality.
At the end of the book, the readers are clear on how these seven habits can forward their lives.
Steven Johnson’s book Where Good Ideas Come from is like reading a magical exploration where he examines human brain and working and identifies seven important patterns that rule innovation.
This book is like a walk through the history of innovation. Johnson puts forth his theories from Darwin to Freud to current generation Apple founder.
He expounds on the common approaches in all that are distinctly common during that eureka moment. This book certainly is a must for you to read to tackle your life to move forward.
In this book, bestselling author Ashwin Sanghi and co-author Sunil Dalal explore how one can become wealthy even if one is not blessed with the proverbial silver spoon.
Taking a radically fresh view of wealth, they show that the journey to becoming wealthy is difficult, but not impossible. With some thought and work, wealth is well within anyone’s reach.
The steps presented in 13 Steps to Bloody Good Wealth are easily implemented and do not require anything more than your attention and belief.
The authors tear away the halo and secrecy that surrounds wealth and how one can earn it.
Read this little book to understand how you too can do it!
In The Little Book That Builds Wealth, author Pat Dorsey, reveals why competitive advantages, or economic moats, are such strong indicators of great long-term investments and examines four of their most common sources: intangible assets, cost advantages, customer-switching costs, and network economics.
Along the way, he skillfully outlines this proven approach and reveals how you can effectively apply it to your own investment endeavors.
Now updated with fresh content from the authors, Blue Ocean Strategy argues that cutthroat competition results in nothing but a bloody red ocean of rivals fighting over a shrinking profit pool.
Based on a study of 150 strategic moves (spanning more than 100 years across 30 industries), the authors argue that lasting success comes not from battling competitors but from creating “blue oceans”—untapped new market spaces ripe for growth.
Blue Ocean Strategy presents a systematic approach to making the competition irrelevant and outlines principles and tools any organization can use to create and capture their own blue oceans.
This expanded edition includes:
1). A new preface by the authors: Help! My Ocean Is Turning Red.
2). Updates on all cases and examples in the book, bringing their stories up to the present time.
3). Two new chapters and an expanded third one—Alignment, Renewal, and Red Ocean Traps.
Everybody loves the idea of being a winner. The practice of winning by Prakash Iyer is one such book which tells the reader how one can win in every and anyway if they just change their ways and make it a habit to win.
Summary of the Book
The Habit of Winning is a book that encourages people to want to win.
Everybody can be a winner if they want, but that would mean that they should not give up.
One need to change the way they think, live and work.
The self help book guides you on how to be confident, involve in teamwork and most importantly it teaches one how to be a leader.
Leadership qualities do not come easy to everyone.
With some help and guidance from these books one can slowly and steadily find the strength to be that person.
In Trump: How To Get Rich, Trump tells all–about the lessons learned from The Apprentice, his real estate empire, his position as head of the 20,000-member Trump Organization, and his most important role, as a father who has successfully taught his children the value of money and hard work.
With his characteristic brass and smarts, Trump offers insights on how to
• invest wisely
• manage a business efficiently
• hire, motivate, and fire employees
• negotiate anything
• maintain the quality of your brand
• think big and live largely
Donald J. Trump is one of a kind in American business. Every day, he lives the American dream.
Now he shows you how it’s done, in this rollicking, inspirational, and illuminating behind-the-scenes story of invaluable lessons and rich rewards.
Like the sayings of the ancient Chinese philospher Lao-tzu, Warren Buffett’s worldly wisdom is deceptively simple and enormously powerful in application.
The Tao of Warren Buffett is full of Warren Buffett’s smartest, funniest, and most memorable sayings with an eye toward revealing the life philosophy and the investment strategies that have made Warren Buffett, so enormously wealthy.
Warren Buffett’s investment achievements are unparalleled.
The quotations in this book exemplify Warren’s practical strategies and provide useful illustrations for every investor — large or small — and models everyone can follow.
As Warren says: “You should invest in a business that even a fool can run, because someday a fool will.” “With enough inside information and a million dollars, you can go broke in a year.” “No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.”
The Tao of Warren Buffett inspires, amuses, sharpens the mind, and offers priceless investment savvy that anyone can take to the bank.
The book has been divided into three sections taking the reader through nuances of how to buy a stock to development of an investment philosophy.
In the first part of the book, Fisher lists 15 points to look for in a common stock. These pointers have become famous as a qualitative guide for companies who are seeking diagnosis.
Part one of the book also consists of other basics, including what and when to buy and when to sell stocks.
The second part of the book covers the four dimensions of a conservative investment.
Part three of the book uncovers a chapter on judging the market and building an investment philosophy. The appendix of the book covers some people factors, functional factors and some key factors in evaluating promising firms.
- The book is a proven resource for stock investors.
- It covers all aspects an investor must learn and know.
The author has a fresh perspective on life.
He advises the reader on money-making, he makes the reader aware of the differences between the relative income and absolute income, and many other crucial topics of entrepreneurship.
Favorite quote: “Ever tried, ever failed, no matter, try again, fail again. Fail better; You won’t believe what you can accomplish by attempting the impossible with the courage to repeatedly fail better.”
This is the most realistic and useful advice as it says that failing is very natural and that there is nothing wrong with failing multiple times because that’s how we are going to learn things.
The 4-Hour Workweek is step by step blueprint of achieving professional fulfillment even in the volatile financial times of today.
Recommend reading it to get all fired up to go for the action. A wave of new hope will reach you after you finish the book.
The primary focus of the book is the ability to get things done, knack of persuasion and the importance of the right action.
Favorite quote: “Problem-solving doesn’t produce results. It prevents damage. Exploiting opportunities produce results”
Another precious quote that pushes the reader towards lateral thinking.
This book details his exact processes for going big in life, and what it actually takes.
Anyone seeking financial freedom would be hard-pressed to find a more thorough guide.
The book explains the concept of successful investing in a very simple manner. Practicing the advice of the authors would not only benefit the tenured investors but also the novices.
As per this book, investing money in any company isn’t a matter of luck and should not be played as a lottery game.
There is an in-depth thought process behind that and through this book, the authors help the readers know about picking companies which would prove to be worth investing their money in.
One of the highlights of this book is the author’s list of principles, which are titled ‘Peter’s Principles’.
These principles provide a great deal of information about the world of finance, which can benefit amateur investors and seasoned ones as well.
All in all, this book is definitely worth a read.
Now, with The Little Book of Value Investing, Christopher Browne shows you how to use this wealth-building strategy to successfully buy bargain stocks around the world.
If you are a value investor by temperament, you will (or should) find a lot that is persuasive in what Christopher Browne has to say about the craft of value investing in a delightful new book out this autumn…
“one of the best guidebooks toward protecting and growing a retirement nest egg. This advice comes from a legend of value investing, and it’s presented with enough clarity that anyone can follow it.” (Forbes.com)
The 52 best books listed above should serve as an ideal jumping-off point for those interested in starting 2018 the right way.
Each book is packed with hard-won wisdom that will benefit readers interested in advancing their careers, starting a new business or creating the next disruptive technological innovation.
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