Seven Books Every Startup Entrepreneur Should Read

Starting a company on your own and becoming an Entrepreneur is an uphill battle and you only win it if you desire to make the impossible possible and bring out the ‘out-of-the-box’ among the typical. Reasons that motivate a person to become an entrepreneur can be many! It’s obvious that Money matters the most but besides that, taking authority of the work, having the freedom of doing it your way with your own rules and many more are the driving forces to make you run the race. Yet, inexperience in coping with certain internal and external business affairs can end in shutting your startup doors in a short span of time. To bridge the gap of this inexperience and mastering the art of touching the sky of business, many famous personalities have shared their knowledge and journey through words and books that can help new entrepreneurs to set a base.  As Dr. Seuss said, “The more you read, the more things you will know. The more that you learn, the more places you’ll go”, here are few books that will enlighten you on how startups create wonder.

The Lean Startup by Eric Ries

From his journey of experiences as a startup advisor, and employee to founder, Eric understood the reason of failure of his first startup i.e. not knowing what the target customers want and focusing too much time and energy on initial product launch. He uncovers the errors in working forward from the technology instead of working backward from the business results you’re trying to achieve. The book casts a light upon importance of starting from knowing customers in form of interviews to research discovery and recommends the process of ‘Five Why’ that are designed to address the core of issues.

Rework by Jason Fried

Whenever you seek business advice from experienced ones or read about it in books, you will always find same old suggestions like draw a business plan, research and study on market and competition, find investors and so on. If your ears are tired of all these traditional , you ought to have this book on your shelf. Rework will give you insight on why plans are actually harmful, why no investors are required and why you need to ignore the competition out there. The ultimate truth is you need less than you can ever think. You need not work 20 hrs or have a big staff or waste time on meeting and paper work. All you need is stop talking and start working. Show productivity and how to get exposure without breaking the bank and tons of counteractive ideas to provoke you and inspire the entrepreneur in you in easy-to-approach and straightforward language.

Rich Dad Poor Dad by Robert T. Kiyosaki

The first thing that pops up in your head while thinking of a startup is ‘Finance’. But before running the race to find investors, you should master the art of managing your own finance. Kiyosaki shares about his two dads: one his real father and other is his best friend’s dad i.e. his rich dad who gave a shape to his thoughts on money and investment. The book breaks the myth that you need to earn high to be rich and explains the difference of working for money and having your money work for you.

Outliers: The Story of Success by Malcolm Gladwell

Have you ever thought how Microsoft co-founder earned extreme wealth, how The Beatles became a successful music band, how cultural differences play a large part in perceived intelligence and  rational decision making. No, right! Examining the factors that contribute to high level of success be it anything, Gladwell says that we pay too much attention to what successful people are like and too little interested to know about their culture, family and idiosyncratic experiences in their upbringing. He mentions ‘10,000 hours’ rule claiming that the key to success or expertise in any skills is, in a larger extent, a matter of practicing the correct way.

The Essays of Warren Buffett: Lessons for Corporate America by Warren Buffet

Autographed by Buffett himself, this book became popular for its widespread appetite for the unique compilation of Buffett’s thought that are understood and digestible by readers. It will shower invaluable informal education and includes Warren’s retrospective on his 50th anniversary at Berkshire Hathaway, in what Bill Gates called Warren’s best letter ever. Charlie Munger’s 50th anniversary essay ‘The Berkshire System’ and Buffett’s definitive defense of Berkshire’s no dividend systems,the book also features the best advices of investing, whether in apartments, farms or businesses, how to value market, evaluate companies and many more.

The $100 Startup: Reinvent the way you make a living, do what you love, and create a new future by Chris Guillebeau

Still in mid thirties, Chris is on verge of completing a tour on every country of earth (almost visited 175 countries). Never having to do a real job or worry for leaves or regular earning, he rather became genius for turning ideas in to money and using it to run his life of adventure and to give back.  Instead of finding traditional ways to employment, many others like Chris found ways to earn and do something that they find meaning in. Starting small, committing for little money, you can wait to take the plunge where you think you will be surely successful. This book is an easy-to-easy guide as it features the most valuable lessons from those who’ve learned how to turn what they do into a gateway to self-fulfillment.

Losing my Virginity: How I survived, had fun, and made a fortune doing business my way by Richard Branson

An unfamiliar, extremely outrageous autobiography of the great business geniuses, Richard Branson started his first business and he & his friends called it ‘Virgin’, as they were completely virgins at business. With time, the business grew from airlines to Music Company to cola and megastores, and several more including financial services to bridal wear, and set a record that is second to none. This book says that Branson has his ‘own’ rules for success, and I talks of an inspiring and interesting story written in a spectacular narrative style that takes readers to a journey filled with courage and undoubting self-belief. 

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