Entrepreneurship is no easy trail to walk but it’s definitely worth it.
In order to be successful in business we must acquire knowledge. Whether its through reading, watching a youtube video or listening to a PODCAST. Bill Gates reads 50 books a year. Mark Cuban reads for more than 3 hours every day. And, when asked how he learned to build rockets, Elon Musk simply said, “I read books.”
Here are Five books that Every Entrepreneur should read to be successful.
There are many others like Chris – those who’ve found ways to opt out of traditional employment and create the time and income to pursue what they find meaningful. Sometimes, achieving that perfect blend of passion and income doesn’t depend on shelving what you currently do. You can start small with your venture, committing little time or money, and wait to take the real plunge when you're sure it's successful.
In preparing to write this book, Chris identified 1,500 individuals who have built businesses earning $50,000 or more from a modest investment (in many cases, $100 or less), and from that group he’s chosen to focus on the 50 most intriguing case studies. In nearly all cases, people with no special skills discovered aspects of their personal passions that could be monetized, and were able to restructure their lives in ways that gave them greater freedom and fulfillment.
This step-by-step guide to luxury lifestyle design teaches:
• How Tim went from $40,000 per year and 80 hours per week to $40,000 per month and 4 hours per week
• How to outsource your life to overseas virtual assistants for $5 per hour and do whatever you want
• How blue-chip escape artists travel the world without quitting their jobs
• How to eliminate 50% of your work in 48 hours using the principles of a forgotten Italian economist
• How to trade a long-haul career for short work bursts and frequent “mini-retirements”
Designed for the busy and impatient, this detailed roadmap will show you how to select, launch, refine, and make money from your side hustle in under a month. You’ll learn how to:
• Brainstorm, borrow, and steal to build an arsenal of great side hustle ideas (day 3)
• Apply “Tinder for Side Hustle” logic to pick the best idea at any time (day 6)
• Learn, gather, or create everything you need to launch; then set up a real life way to get paid (days 13-14)
• Start raking in the money by channeling your inner Girl Scout (day 18)
• Master the art of deals, discounts, and special offers (day 21)
• Raise your game: improve, expand, or make more money off your hustle (days 24-26)
The Lean Startup approach fosters companies that are both more capital efficient and that leverage human creativity more effectively. Inspired by lessons from lean manufacturing, it relies on “validated learning,” rapid scientific experimentation, as well as a number of counter-intuitive practices that shorten product development cycles, measure actual progress without resorting to vanity metrics, and learn what customers really want. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute.
Vital rules you’ll find in Straight Talk for Startups include:
The best ideas originate from founders who are users
Create two business plans: an execution plan and an aspirational plan
Net income is an option, but cash flow is a fact
Don’t accept money from strangers
Personal wealth doesn’t equal good investing
Small boards are better than big ones
Add independent board members for expertise and objectivity
Too many unanimous board decisions are a sign of trouble
Choose an acquirer, don’t wait to be chosen
Learn the rules by heart so you know when to break them