Reading business books is undoubtedly one of the best ways to improve your strategies at making the venture a success. Navigating the business becomes far less complex when you have better knowledge about what the world holds in store for entrepreneurs like you. Once you decide to make reading a habit, the biggest confusion that arises would be of the selection of a good book. With hundreds of books releasing every year, it could be hard for you to pick one. Reading all of them isn’t possible either; your only option is to select the best ones from the list. If you are new to this, try and learn more about business with books from all eras on your rack. Here is a list of a few such excellent business books that you must read.
1. Profit First by Mike Michalowicz
This is the ideal book for every aspiring entrepreneur or owner of small business since it builds a system for you to save money in order to grow your business. One of the most significant issues faced by the profitable business owners is that they have more money flowing out than coming in after a certain point of time in their business. If this could continue for a long time, the company can face immense losses. Managing money couldn’t get any easier than with the tips the book provides. By doing so, you can invest the funds into developing your business.
2. The E Myth Revisited by Michael E. Gerber
Tim Ferris originally wrote the E Myth in 1986, and Gerber revisited it in 1995. At first, you might have a feeling that the book is about running an online business, and the title only augments that confusion. However, it is a guide about the strategies to set up businesses without the intervention of the entrepreneurs. Outsourcing can be tricky if you have less experience with it; the E Myth can help you in constructing standard procedures for outsourcing.
3. The Effective Executive by Peter F. Drucker
Although this book released in 1966, Drucker’s theories hold true even today. Since the concept of business hasn’t changed radically except for the medium through which it is done, the advice can help you always. All executive have to read this book so that they train themselves to accomplish more or them and the company. Managing upward and master effective delegation is also discussed in the book. The content is concise and is provided with a lot of clarity that you might not find it hard to understand. You are likely to fall in love with his writing. ‘Managing Oneself’ is another book by Drucker that was published in 2008 by Harvard Business Review Classics. It is a much shorter book, and if you want to reap its best benefits, pair it with the ‘Effective Executive to understand the layers of business that you may have missed in your profession.