The life of a small business owner is seldom easy, and you don’t become an expert overnight. Reading the books of other entrepreneurs who have been there and done that is one of the best ways to soak up their wisdom and knowledge, while avoiding unnecessary mistakes. There are a few great books in particular that every small business owner should read.
Tools of Titans (Tim Ferriss)
Tim Ferriss is a serial entrepreneur, angel investor, speaker and author. Over the years, he’s gained a reputation for his unconventional approach to business and for his willingness to be a “human guinea pig.” His most recent book, Tools of Titans is a 600+ word behemoth that examines the “tactics, routines and habits of billionaires, icons and world-class performers.”
Tim discusses key points that he’s learned in over 200 podcast interview sessions from people like Seth Godin, Edward Norton and even Arnold Schwarzenegger. He offers practical tips and “hacks” that can be implemented to run your business more efficiently and make the most of your resources.
Crush It! (Gary Vaynerchuk)
Ever since childhood, Gary Vaynerchuk has had a passion for entrepreneurship and has been “addicted to the hustle.” He got his start by growing his fairly small family wine business into a $50 million a year juggernaut. Although he’s known for being over the top and even a little crude, Gary’s enthusiasm and energy are unparalleled.
In this book, he talks about choosing a hobby or obsession and turning it into a viable business model. More specifically, he explains how to use online mediums such as social media to build your brand and reach a wide-scale audience.
The 7 Habits of Highly Effective People (Stephen R. Covey)
This is an oldie but a goodie. Stephen R. Covey is one of the most highly respected authorities on leadership, and his work has had a tremendous impact on countless entrepreneurs. Although it’s over 25 years old, the message of this book is still highly relevant to today’s small business owner.
In it, you will learn how to be more productive, think more positively, manage your time more effectively and more. You will also learn how to be a better leader and communicate on a deeper level.
Virtual Freedom (Chris Ducker)
Chris Ducker is a fairly well known blogger, speaker, podcaster and entrepreneur. His main area of emphasis is virtual staffing and using technology to help small business owners run their enterprises more efficiently.
In his book, Virtual Freedom, Chris explains how many of today’s employers try to wear too many hats at once. For instance, they may try to handle sales, marketing, accounting, HR and more until the point of burnout. His solution is to hire virtual employees to handle much of the workload so that you can focus on your core competencies and growing your business.
These great books focus on different areas of small business ownership. Each one lends its own unique perspective that should enable you to become more adept at running your business and accelerating its progress.