To be an entrepreneur, one must be able to undertake challenges as well as manage people and situations. It is a challenging occupation, but many long-standing entrepreneurs have published advice on how to be successful. To steer you in the right direction, here are a few of the best books for any budding entrepreneur:
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“The Entrepreneur Equation: Evaluating the Realities, Risks, and Rewards of Having Your Own Business” by Carol Roth
Carol Roth’s book is a great place to start before venturing into the business world. If you are wavering, this book can help you determine whether you are actually ready to take the plunge. Deciding the right time can save you a lot of pain and money. Roth’s book is also a guide for choosing what kind of industry would be right for you, depending on your personality, job and hobbies. By analyzing the risk and reward offered by starting your own business, Roth explains the reality of entrepreneurship. Reading this could either scare you away or make you rally forth and fight for success. Either way, it will help you make a decision.
“EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches” by Dave Ramsey
Long-time radio and television host Dave Ramsey has taken to the written word. In a little over 300 pages, Ramsey covers every aspect of how to be an exceptional team leader. This guide covers a huge range of topics like learning decisions, hiring the right team, firing employees who don’t fit and successful marketing strategies. This book is a great resource for entrepreneurs who are looking to build and lead a great team of employees.
“How to Get Rich: One of the World’s Greatest Entrepreneurs Shares His Secrets” by Felix Dennis
Felix Dennis is a poet and highly successful magazine publisher whose book doubles as a guide on how to achieve and maintain financial success. This brutally honest book walks you through a few of the sacrifices and challenges any would-be entrepreneur will face along the way. As entertaining as it is educational, this is a great read for anyone aiming to make money.
“The Toilet Paper Entrepreneur: The tell-it-like-it-is guide to cleaning up in business, even if you are at the end of your roll” by Mike Michalowicz
This may be the most worthwhile toilet paper you have ever purchased. Mike Michalowicz is a sharp-tongued entrepreneur who has founded three multimillion-dollar businesses. A helpful resource for beginners, this book encourages you to stay focused, build a plan and stick with it. Michalowicz also throws in helpful tips for cutting costs and staying motivated.
“Innovation and Entrepreneurship” by Peter F. Drucker
If you prefer theory to guidebooks, Drucker’s book is the one for you. “Innovation and Entrepreneurship” is just one of the many books Drucker produced in his 60 years of influential writing. This book is an exploration of the history of innovation, and it provides a compelling argument as to why staying ahead of the pack is the only way to make money. Drucker presents innovation as a systematic endeavor that requires a great deal of work and knowledge.