Becoming an entrepreneur is not easy by any yardstick. You need a superb idea, and you need capital. You require people in the right places to assist in your daily work, and you need licenses from various authorities.
However, in my opinion, anyone that wants to be an entrepreneur also needs to learn from other successful people in the world. I mean, read their success stories and find inspiration.
Therefore, if you’re an entrepreneur or planning on starting your own business, I strongly recommend reading books. Most of these best entrepreneur books are written by persons that faced big problems while trying to get their enterprise or business on its feet.
They have sailed through every imaginable doldrum that life and business throw in their course. And yet, they’re successful.
In fact, reading these 10 best business books can actually help you to develop a new way of thinking. Or even make you restructure your existing business model.
Actually, there’re several reasons to read the 10 best business books for entrepreneurs in 2023. I will describe these reasons now. Later, I will also be writing about these top 10 business books, which would help you find them more easily at your local bookstore or an online seller.
Reasons Why Entrepreneurs Should Read
As I mentioned earlier, an entrepreneur has several reasons to read one or all of the 10 best business books. Here I will write these top reasons why every entrepreneur should read.
Key to Success
As a matter of fact, some of the topmost billionaires of the world, including Warren Buffett, founder of Hathaway-Berkshire, Bill Gates, founder of Microsoft and Mark Zuckerberg, founder of Facebook, read daily. All these rich men attribute their success in business and wealth to their reading habits.
Whether we agree or not, it’s a fact. The Covid-19 pandemic that struck the world in 2020 has left us all stressed. We were cooped up at home during the peak of the pandemic in 2020 and also part of 2021.
Therefore, reading is a superb way to relieve this stress in 2023. And reading books by other entrepreneurs can give us the necessary inspiration.
Goldmine of Ideas
Some of the books that I will be writing about in this article are a goldmine of ideas. They speak about various ways and means that successful entrepreneurs of our times are using to steer their businesses clear of any trouble and how they could manage with minimal investments and resources.
Therefore, such books can prove ideal for your business plans too. Of course, there’re several other benefits of reading books. Reading books also encourages us to think outside the box, which is essential as an entrepreneur. However, these are the extra benefits for an entrepreneur who reads these ten best business books.
Importance of Books to Entrepreneurs
As an entrepreneur, you really wouldn’t have much time for entertainment. In such cases, a business book comes handy. Furthermore, some top business books, such as the ones I will be writing about, could help you avoid expensive mistakes in your business.
10 Best Business Books for Entrepreneurs
Here are the ten best business books for 2023 to give you the much-needed edge. I have included even the best business books in this list.
1. The Minimalist Entrepreneur- How Great Founders Do More with Less
The Minimalist Entrepreneur- How Great Founders Do More with Less is acclaimed by the US Chamber of Commerce as the topmost book for entrepreneurs for 2023. The book is written by Sahil Lavingia, founder and CEO of Gumroad.com, a startup that allows creators to sell their works.
The author traces his journey from a small-time entrepreneur to the owner of a successful venture. He says it’s unnecessary to hold a degree from an Ivy League College or even have a large capital to start a business.
The book provides superb insights into any entrepreneur's obstacles and helps avoid business mistakes.
2. Your Next Five Moves- Master the Art of Your Business Strategy
If you’re stuck somewhere as an entrepreneur or while planning to launch an enterprise, the best book to read is Your Next Five Moves- Master the Art of Your Business Strategy, written by Patrick Bet-David.
Strategy, clear thinking, growth tactics, skills as well as insights are some of the most important things that you will learn from this book, says Goodreads.com.
The author equals an entrepreneur to a chess player. A good chess player will always plan the next moves by looking at the chessboard and the positions of the coins.
Similarly, this book teaches entrepreneurs how to develop skills, create winning strategies, and think clearly when they hit hurdles, growing in adverse conditions and insights.
3. You Don’t Need This Book: Entrepreneurship in the Connected Era
Author Ben McDougall of the book You Don’t Need This Book: Entrepreneurship in the Connected Era hopes to spur thousands of budding entrepreneurs into action with his writings.
This is the best book on entrepreneurship as it is inspired by several success stories of startup founders and their struggles. Ben McDougall states that in our era where we’re connected over the Internet, there’s no real need for endless resources to start an enterprise. Instead, it simply takes thought and action to launch a superb business.
It contains strategies on how to make plans and put them into action. The success would inspire others too, he says. The famous American author and entrepreneur Seth Godin calls this book: “Jam-packed with hard-earned tips, tactics and approaches for entrepreneurs of all stripes.”
4. The Entrepreneur Roller Coaster: It’s Your Turn to Join the Ride
Between 60 per cent and 90 per cent of all new businesses fail within the first three to five years of opening. This could be your case. In his book, The Entrepreneur Roller Coaster: It’s Your Turn to Join the Ride, author Darren Hardy takes a wonderful shot at solving problems that plague new ventures, especially startups. This is one of the best books for entrepreneurs.
Darren Hardy is a famous American success mentor who has written several books. However, in this book, the author likens entrepreneurship to riding a roller coaster, with all the ups and downs, highs and lows.
He mentors entrepreneurs on how to rise from various pitfalls and recover quickly. It can give you vital insights on how to avoid failures and hardships as an entrepreneur or a budding one.
Also read: Business Lessons You Can't Learn Without Failure.
5. Black Magic: What Black Leaders Learned from Trauma & Triumph
If you’re an entrepreneur from any minority community that feels or suffers marginalization in any way, read Black Magic: What Black Leaders Learned from Trauma and Triumph.
The author Chad Sanders speaks with various successful leaders of the African-American community and speaks about their experiences in setting up an enterprise.
These entrepreneurs reveal how they could overcome all problems, such as lack of financing to stereotyping in the world. This book is meant to inspire Americans and people from every marginalized community worldwide.
6. The Soul Sourced Entrepreneur: An Unconventional Success Plan for the Highly Creative, Secretly Sensitive and Wildly Ambitious
In her book, The Soul Sourced Entrepreneur: An Unconventional Success Plan for the Highly Creative, Secretly Sensitive and Wildly Ambitious, author and former songwriter Christine Kane speaks about how typically sensitive persons can overcome their mental hurdles to become highly successful.
She exhorts that our school-day thinking is not going to take us anywhere, and nor can we succeed with the typical mindset of trying to copy hardcore businesspeople.
Instead, she guides people to turn their weaknesses into assets and use them successfully as entrepreneurs. This is a must-read book for women entrepreneurs as well as sensitive men.
7. The Entrepreneur’s Paradox: How to Overcome the 16 Pitfalls Along the Startup Journey
The author of this book, Curtis J Morley, is an entrepreneur and writer. He runs a startup- the Entrepreneur’s Paradox, and the book gets its name from the venture itself.
In his book, the author discusses the 16 different paradoxes that any entrepreneur can face. These include building a business without plans to sell the product or service and the creation of successful business plans based on own strengths.
The author also points out how an entrepreneur that wishes to gain financial freedom and free time ends up spending long hours setting up a business that can earn low profits or even fail. He coaches budding entrepreneurs on how to avoid these 16 paradoxes and pitfalls in business.
8. Intrapreneur: Strategies to Build Your Business as an Introverted Entrepreneur
Are you an introvert and face hurdles in setting up your enterprise? Then read Intrapreneur: Strategies to Build Your Business as an Introverted Entrepreneur by Jen Jones.
In her books, she points out that introverted people can easily overcome their shortcomings in meeting people and become successful businesspersons. An introvert herself, Jen Jones is also the founder of a successful real estate business.
For introverted entrepreneurs, she speaks about various skill-building techniques that could help them thrive and succeed in their businesses. Though primarily meant for introverts, this book is also excellent for other entrepreneurs that wish to develop their business skills.
9. The Power of Regret: How Looking Backward Moves Us Forward
All of us regret some or the other decisions in life. And entrepreneurs often regret certain business decisions that go wrong. In this book, The Power of Regret: How Looking Backward Moves Us Forward, author Daniel H. Pink says that to be successful, we can actually use regret and make it into something constructive that could help an enterprise.
The book explores the hidden power of regret, a common human emotion. Daniel H. Pink explains how we can use this regret to make informed decisions in future for our life and business. Every occasion we regret provides an opportunity to become a better entrepreneur.
10. Emotion by Design: Creative Leadership Designs from a Life at Nike
As the title suggests, this book is written by someone at Nike, one of the top five sportswear and sports goods companies. In fact, it is written by Greg Hoffman, former CMO at Nike. The author himself is a globally acclaimed brand builder, advisor and speaker.
In his book, Greg Hoffman speaks about his three decades of experience channelling creativity into building a formidable brand such as Nike. He asserts that using creativity in business by drawing inspiration from your offerings can help you create a powerful brand.
The author further states that every entrepreneur has the potential to build their own brand and discusses various techniques to do so. This is a powerful book for any entrepreneur who wants to take their business to a higher level.
Also read: Best Small Business Ideas in 2023
Free E-Books for Entrepreneurs
Understandably, all these books are easily available, and you can buy them easily from any online or offline store. They’re also available in electronic format as e-books.
Yet, all entrepreneurs might not be able to read these books. That’s because a lot of us have given up the wonderful hobby or pastime of reading. And some of us may never have seriously gotten into reading. If that’s your case, you might wish to start reading and learn how to read fast too.
If that’s your case, I would suggest you start with free e-books for entrepreneurs. There’re several websites from where you can download and read e-books or even read them online, depending on your choice. These e-books are the same as printed books; some are older ones, which won’t be available at bookstores. Hence, you could read some of the old-time business techniques too.
Regardless of what you read, I believe that it’s important for every entrepreneur to read relevant books if they wish to succeed in their business. These books can help save your business from making losses and closing down.
The books I mention above are even mentioned by famous organizations such as the US Chamber of Commerce. Therefore, you can safely assume that these are among the ten best business books every entrepreneur should read in 2023.
You can select one or more books, depending on your interest and reading speed. I suggest you read all these books because they’re packed with powerful suggestions and lessons for every entrepreneur.