First things first this list isn’t the best motivational
books, or the top entrepreneurial start-up guides. Instead these are the ones
that can give you the motivation to get going or get back on track.
If like myself and 99% of other businesses you are going to
have bumps in the road and how quickly you get over them will help establish
how successful your business will be.
4 Must Read Books to Motivate Your Entrepreneurial Spirit
Whether it be week 1 or 20 years from now, it’s likely you
will have some bad turns leading to the thought: “Is this really for me?” or “Should
I be an Entrepreneur?”
These times are 100% un-avoidable but when they do come
around, that is the time to pick up one of the below and get reading. They will
help explode your imagination and at the same time motivate you to get back on
track with your business.
Here are 4 must read books to motivate your entrepreneurial
spirit.
1. The Entrepreneurial Revolution
A book by Daniel Priestley talking about how the
age of the entrepreneur is now upon us. Previously we had the agricultural
revolution and more recently in the last 200 years the industrial revolution.
But nowadays the young individuals that are truly successful
aren’t the ones that go to University or college and get a degree and settle
into the bottom rung of the corporate ladder for the next 40 years.
Instead the individuals who are successful are the ones
creating the “global small business” with teams of 1-10 these
companies make huge profits targeting a small specific industry but with the
use of the internet quickly become global.
2. The Millionaire Fast-lane
Despite a cheesy title this was the first book that ever
truly made me believe I could become a self-employed entrepreneur and
a book I highly recommend every aspiring start-up owner to read regardless of
your industry or aspirations.
Especially if you are in a full time position that seems to
be going nowhere!
MJ DeMarco talks about how students & young people
have been brain washed into what they should do, and what he refers to as the “slow
lane” to success, which he quotes will get you enough money to be wealthy
in your retirement, when in fact you don’t have time or the health to enjoy
your earnings anyway!
The slow-lane is probably a process you’ve seen before, it
involves going to school, getting good grades, going to a good University,
getting a good degree and then working your way up the corporate ladder to a
position where you can retire with$500,000 by 60 (if you’re lucky).
Which to me sounds absolutely crazy, but for 99% of people
is now how they envision success.
Instead DeMarco talks about how to establish the
millionaire Fastlane and become successful within a time to actually reap the rewards
of your work before it’s too late.
DeMarco also talks about how selling your business isn’t
actually selling out and how everyone should have an exit plan to sell for the “big
sum” and teaches you how to live off the 10-20% interest a year whilst working
as much as you like.
3. The Entrepreneur Roller-coaster
Darren Hardy’s take on starting your own business, and again
focuses on the theme of: why now is the prime time to become a self-employed
entrepreneur.
Darren outlines some great nuggets of information here, like
how landing 1 “golden” client is better than chasing 100’s or 1000’s of second
rate ones.
And as a result putting 100% of your effort into
landing this client is almost always better than having 10% of your effort
across many different client generation techniques.
Another method mentioned was the highly aggressive
(borderline dangerous) client generation technique that pretty much involve
stalking your prospects until they give you the time of day.
Hardy also explains that with the help of a stopwatch you
can actually calculate how much time you dedicate to the growth of your
business, chances are it will be a lot less than you actually think.
Perfect book for anyone who’s been in business for 3-12
months and wants to scale and explode their sales.
Again another title that isn’t going to win any awards, yet
in my opinion Napoleon Hill’s greatest book, far superior to think
and grow rich which many people consider to be one of the top 10 business books
ever written.
In the law of success Hill outlines the 16 keys to running a
successful billion dollar business which he learnt from his years with Andrew
Carnegie.
The key theme throughout the law of success is setting up a
definite chief aim and evolving your business in a way that always relates back
to this.
Although very motivational this book isn’t for the
faint-hearted, it’s a 500+ page tough read. Saying this, if you can
consume the knowledge inside you will be well on your way to owning an
extremely successful business.
To Sum Up
To recap in short on the 4 must read books to motivate your
entrepreneurial spirit, here they are:
The Entrepreneurial Revolution
The Millionaire Fast-Lane
The Entrepreneur Roller-Coaster
The Law of Success in Sixteen Lessons
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