When you have both positive and negative consequences in front of you, you are able to decide, Ok, I want to go this way and that’s how an efficient thought process is developed.
Finding the right book is as important as finding a productive hobby that can help you in reaching certain heights and improve your mindset. Many entrepreneurs in the initial stage of their careers don’t make it a habit of reading books and simply reply on practical procedures. However, entrepreneurship is a lot about solving real-life problems. Now to solve them, you have to understand the development of a thought process. For example, how things work in the real-life and how to proceed while solving a challenge.
Learning from the mistakes of other entrepreneurs is very important for a quickly productive journey. Not doing so will result in irrelevant mistakes and time waste. And as we know, time is the most important currency we have. No one even with trillion dollars was able to big even 1 millisecond of time. Thus, reading productive books helps in developing innovative skills.
How to Look after the best book on entrepreneurship?
Well, this is not a difficult thing to do. If you look at how the market is evolving and the key components of the market, you can easily figure out what you should read. Globalization, technology, diversity, and sustainability are the four main components of a business.
For example, if a business-like Amazon, if it has to go global then the company must pursue its ambitions accordingly.
Now for going global, there must be the use of a top-notch technical stack so, no one can beat them.
Now in a business, there are chances of losses as well as profits. To increase profits and reduce losses, the need for diversification is important. The business must invest in multiple sectors. In a similar fashion, we can see Amazon building multiple products like Amazon Kindle, Amazon Web Services, and Amazon.in, Amazon prime, etc.
After achieving all the goals, it is important to stay sustainable. This means the company should have morals in protecting the environment. Bad practices of businesses shall be avoided.
With passion and Purpose, many students pursue many degrees from numerous colleges and universities. However, many of them also drop out to start their venture. In candid accounts and success stories. From launching their start-ups with high valuations and solving real-life problems to working in big MNCs, we’ve come a long way.
Now let’s understand the top book recommendations by the leading entrepreneurs:
1. The man who wanted to be happy by Laurent Gounelle
The book is about a vacation in Bali. Julian, the main character decides to consult a legendary healer with a high reputation. The old Master Samtyang’s diagnosis on meeting the schoolteacher is firm: you are healthy, but you are not . . . happy. During the series of daily encounters, samtyang meets Julian and shares cryptic messages.
In an unusual manner, Samtyang teaches Julian how thoughts take shape and how what we believe becomes reality. His teachings are more about nature and happiness, what we carry inside us, the manifestation of hopes and dreams, thrilling adventures, self-discovery, etc. In short, the man who wanted to be happy explores the world full of possibilities available in the environment, how we discover them, and how it prevents us from being truly happy.
2. Disciplined Entrepreneurship by Bill Aulet
We can guarantee that digital entrepreneurship can change the way you think about general businesses and entrepreneurship. Generally, when an entrepreneur starts a new company, there are many things in mind but digital entrepreneurship gives clarity to the thoughts, and the idea to pursue challenges becomes easy.
The book will surely give you an idea of what successful start-ups look like. Basically, the components in the book break down the necessary processes individually and then Integrate them. A comprehensive, 24-step framework is also given for a person to learn leadership and business.
3. The Running Lean by Ash Mauryal
We live in an age of opportunities and innovation. We are building products that were never built before and that’s why the competition is so high. Almost, everyone is trying to put their personal touch to develop innovative things. All we need is a systematic process and many problems are wiped off and the odds of success increase. That’s what we get in return by running lean.
4. 7 Habits for Daily Effective People by Stephen Covey
The book represents a Central approach to solving personal and professional problems. With penetrating insights and pointed anecdotes, the author reveals a step-by-step path for living with integrity, honesty, and human dignity. These are the principles that let us adapt to change, wisdom, and power to take advantage of the opportunities around us.
5. The Crossroads between should and must: Find and follow your passion by Elle Luna
In this book, Elle Luna shares the story of standing at the crossroads of should and must. In our personal lives also, we do get many moments when we have to choose like I should do this or I must do this. Should is when someone expects something from us and we are not sure of our will. However, in must, we are internally sure about the thing and the heart’s desire to do that. Luna’s day-to-day battle between the should and must encourages her to write this book.
As we discussed all of us face this choice very frequently, and this book touched millions of readers. Now Ms. Luna expands her ideas into an inspirational, visual book that every change seeker, artist, and a person full of passion likes.
6. Design the life you love by Ayse Birsel
Life on its own is a kind of problem with constraints like time, location, age, and circumstances. You cannot have everything easily until you are born into a super-rich family. To be more creative about life and to achieve more things, you have to design in such a way that you earn the most. Here earning it doesn’t mean money only but time, respect, money, skills, etc. The constraints you have, try to convert them into opportunities with optimism and utilize each process efficiently. The four steps given below can help you achieve the same:
• Take a whole part
• Give it a few
• Put things in an efficient manner
• Give it a form
7. A more beautiful question by Warren Berger
In this book, journalist and innovative leader Warren Berger shows the power of implementing efficient changes in businesses. In our day-to-day activities, we don’t value changes a lot. For example, whenever something doesn’t work, we keep try making it work for better results. However, changing the approach most of the time helps in the same. That’s why to improve our logical thinking and approaches we are always advised to play strategic games as they help in developing alternative thought processes.
8. Business model generation A Handbook for Visionaries, Game Changers, and Challengers by Alexander Osterwalder and Pigneur
Business model generation is a handbook of visionaries, and game-changers striving to defy business models and design tomorrow’s enterprises. If your organization has to adapt to new realities and you are out of strategy then this book will surely work for you.
9. Value proposition designs by Alexander Osterwalder, Yves Pigneur, Gregory Bernada, Alan Smith, and Trish Papadakos
Value proposition design lets you tackle the core challenge problems of any business, creating compelling products and services customers want to buy. The highly practical book, in combination with the online application, lets you learn the processes efficiently and you are able to create the products that you can sell.
10. The matters: How Google and the Gates Foundation Rock the World with OKRs by John Doerr
In this book, John Doerr shares the broad range of how a person works behind the scenes while making a product until it creates a boom. Whenever we encounter a new, trendy and efficient business idea creating a boom in the market, we miss the years of hard-works co-founders and team members do to make it such big. This book demonstrates the focus on agility and the reasons behind the explosive growth of such organizations.
For new generation leaders, this book can be very helpful as they’ll get a structure of knowledge about how things have been built till now.
Conclusion
All the points we discussed either discuss the experience from the past or the implementation of that experience in the future. Books are very important in entrepreneurship because writers who’ve written them have gone through multiple phases of life. Reading them infuses that knowledge and values into your character so while you are doing business, you don’t commit such mistakes again.
For example, suppose being consistent is important. Now from the perspective of word-of-mouth, everyone says it but in books, you read the real-time stories of how people destroyed their life by not following it and how many followed it and created big businesses. Now it is up to you which approach you want to follow. When you have both positive and negative consequences in front of you, you are able to decide, Ok, I want to go this way and that’s how an efficient thought process is developed.
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