10 Must-Read Books For Young Entrepreneurs
When it is the time for the emergence of start-ups, this is indeed an era of ‘Achhe-din’ at least for young entrepreneurs who wish to be successful someday. No doubt, there are enough incentives for start-ups and ‘wantrepreneur’ today that will definitely ease their way to success along with doing business in India. However, the rest of the efforts need to be put in by the young entrepreneurs by strengthening their qualities which can increase their prospects of being successful. An entrepreneur needs not just an unending passion to work and open-mindedness, but at the same time, he must have a constant flow of ideas and has to be a creative thinker, social, knowledge seeker and a risk-taker.
It is not just enough to have these qualities, but it is very important to keep nurturing them with every passing day. There is always a room for self-improvement. Reading can help one build a great sense of self-confidence, to enhance one’s knowledge and to think more creatively. So, here we come with 10 must-read books for young entrepreneurs, that have been designed to help them succeed in their lives as well as businesses and to compete with the those who have years of experience in the same field.
1. The $100 Startup by Chris Guillebeau
One of the most common problems faced by young entrepreneurs is lack of funds which demotivates them to go on further with their start-up. In this book, the author tries his best to cheer up the readers by giving examples of 50 entrepreneurs who started with just a few bucks in their account and are the epitome of success now as entrepreneurs. This does not only motivate the readers but also provides them with ideas to proceed with utilizing fewer funds.
2. The Psychology of Selling by Brian Tracy
The best quality of an entrepreneur is a good sales technique. A successful will be the one who will not try to sell his product, but actually his idea and himself. The book focuses on the basics of how to sell your product by influencing people.
Another such book focusing on the same aspect of selling is “To Sell Is Human” by Daniel Pink.
3. The 7 Habits of Highly Effective People by Stephen Covey
This book has been the best-sellers for years. Recognized as one of Time Magazine’s 25 most influential Americans, Stephan Covey was an internationally respected leadership authority, family expert, teacher, organizational consultant and author. Millions of people of all ages and occupations have used its step-by-step pathway to change and to take advantage of the opportunities that change creates.
4. The Startup of You: Adapt to the Future, Invest in Yourself, and Transform Your Career by Reid Hoffman
The author is LinkedIn’s co-founder and chairman, Reid Hoffman. In this book, he deals with a particular situation when one is already working under someone, but at the same time, wants to start with one’s own business and has given valuable tips on how to manage as well as get the most of such situation. He teaches how to get into an entrepreneurial mindset and keep on planning your investments.
ALSO READ: DPIIT Proposes Startup India Vision 2024
5. How to Win Friends and Influence People by Dale Carnegie
One of the most important qualities of a young entrepreneur is being social. One of the lacking and needed qualities in any profession or business is ‘ethics’. This books not just teaches how to lead a social life, but also how to be a good entrepreneur.
6. Purple Cow by Seth Godin
Godin is undoubtedly one of the greatest entrepreneurial minds in the world. In this book, he put emphasis upon building something so amazing that people are unable to ignore you.
7. The Slight Edge by Jeff Olson
The book is based on the philosophy that on doing little things, which, done consistently over time, add up to the big accomplishments. This is great and unusual stuff for young entrepreneurs that shows how even little changes incorporated in life or business as a practice can make a big difference and help one succeed.
8. The E-Myth Revisited by Michael E. Gerber
To start with something new, we are usually open to advise from all the directions which instead of clearing our mind, confuses us as the chances are many information may be contradictory and involves numerous myths. The author very carefully scrutinizes such situations and myths and clears the mind of readers and makes sure that they are at the end of reading are clear with the difference between working on a business and working in a business.
9. The 4-Hour Work Week by Tim Ferris
In this age, when youth is after short-cuts, the author very well understands what the young entrepreneurs want and definitely shows them a path to achieve their goal, their way.
The author knows what the young minds want, and therefore, puts you in the right mindset to start building a business that will allow you to work not 20, but just 4 hours a week and still build a fortune. It’s definitely like a dream come true. No doubt, the book has been a bestseller.
10. The Entrepreneur Mind: 100 Essential Beliefs, Characteristics, and Habits of Elite Entrepreneurs
To become one, you must know how one is. The book is based on this very ideology. It focuses on if you want to become the one you want, you have to change your thinking that way. To become a successful entrepreneur, you must develop the entrepreneur mind, a way of thinking that comes from learning the vital lessons of the best entrepreneurs.
The author is himself the President of a multimillion-dollar company- Johnson Media Inc. and shares essential beliefs, characteristics and habits of elite entrepreneurs.