Best Books Make you Best Business Man
1. The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It
Indicating that 40 percent of small businesses fail within their first year, Gerber, a small business expert, talks about how to be successful. In this revision of his 1986 book, he describes the “E-Myth,” which basically states that a person with technical but few management skills can do well in business. Gerber describes developing a precise business system that produces consistent results because it has been tested and refined. He says that businesses thrive because of innovation, quantification, and orchestration. Visualize what is true success to you as a person, Gerber advises, and work from the ideal to the specific. While the author is a consumate salesman who reads his material in soothing tones, he offers too many abstract ideas and too few concrete plans. There is little useful content here.
2. The Lean Startup: How Constant Innovation Creates Radically Successful Businesses
Our current economic environment is favorable for innovative startups, but there’s no consensus as to the best strategies these companies should use to find and maintain growth. Some managers randomly try out different solutions to see what will work, creating as many failures as successes. The chances of being successful can be significantly increased simply by taking a rational and systematic approach to finding the best strategy for running the business.
The Lean Startup is a method to develop and manage startups. Standard business practices can be harmful to startups. These organizations necessitate special policies and procedures for managing innovative enterprises. These policies and procedures aren’t created randomly, of course — they’re the result of scientific techniques and research.
The book offers a systematic, scientific way for business managers to get the information they need to make fast decisions in today’s changing world. While it may be impractical to follow this method to the letter in every situation, executives should come away from the book with a fresh viewpoint on the problems they face and the decisions they must make.
The name The Lean Startup was inspired by the lean manufacturing revolution developed at Toyota. This system includes: attending to the ideas and knowledge of the workers; making smaller batch sizes; implementing just-in-time production; and accelerating cycle times. Long-range planning is a useful strategy in an environment where the future is predictable. In a constantly shifting world, however, the advantage goes to those who are light on their feet and can change direction quickly.
There are many unknowns when it comes to launching a startup. The founder has a vision, but where that vision will lead is uncertain. In the beginning, even the product is unknown. Markets, partnerships, platforms — everything must be sorted out. Learning is essential to the company’s development. Validated learning is a system for demonstrating progress in a chaotic and changing environment. This method has the advantage of being quick and easy, and it’s backed by empirical data culled from real customers.
Although the book’s title suggests it is geared toward startups, the principles and tools are just as useful for larger companies. Established organizations can also unlock the growth potential of innovation, but to do so, they’ll have to make some conscious changes in company culture. Startups might benefit by having innovative qualities already built into their cultures, but older companies can catch up.
Eric Ries uses real case studies from a wide array of different businesses to illustrate the principles he discusses. He draws most of his material, however, from his own background as an entrepreneur, extensively detailing his experience at IMVU, the social media game company. At times, all the examples dominate the discussion at the expense of the subject matter.
The tenor of the book changes dramatically in the epilogue. Through most of the book, Reis assumes a tone that’s friendly yet professional. He displays enthusiasm for the subject, but the epilogue becomes a rousing call to action. It is there that The Lean Startupmorphs from a method into a movement. The move from the rational, sensible tone used in the book to the urgent emotional appeal in the epilogue might induce dissonance in some.
3. The $100 Startup: Fire Your Boss, Do What You Love and Work Better To Live More
The book is not all bad. There’s a lot of good advice, like I mentioned above, for anybody who wants to start a small business, but not for somebody who’s looking to get inspired to start a small business. This book gives you the steps, but not the reasons. It makes it all look easy, but it doesn’t tell you why you should go for it. And if the author’s reason for going for it is because it’s easy to start a small business, then the author should reconsider his reasons.
The advice I did love in the book was in the very beginning, and of course repeats itself throughout, the ideas of freedom and value when having a small business. The author says that having a small business did not make him rich, but it did pay the bills, and give him freedom. That is something we would all love to have. To be able to have the freedom we want, not worrying about a fixed schedule job. (Not having an annoying, pressing boss is a plus). I agree very much with the author on the idea of value. Doing something you’re passionate about, and helping others, and giving value to the business is something that is really encouraging,
But beyond those ideas, there wasn’t much that got me inspired to startup.
4. Hooked: How to Build Habit-Forming Products
If you’re involved in digital product design
this book is a must read. You’ll read this. Then you’ll hope your competition isn’t reading this. It’s that good. Stephen Anderson — Author of Seductive Interaction Design
Dipping into the psychology of users, Hooked shows us how companies have tackled the same issues UXers come across every day.
Whilst reading Hooked I found it so easy to see how I could put in place or use the techniques described. Even the most simple of websites or products you’re currently working on could benefit.
Hooked does lean towards techniques that encourage repeat use. Hence the title “Hooked”. But the principles can be applied to almost any product.
5. Side Hustle: Build a Side Business and Make Extra Money — Without Quitting Your Day Job
The Book Explain Following things
- Generate ideas and evaluate them to choose the most viable one for a side hustle.
- Create a profit forecast and price your product or service appropriately.
- Launch your idea to the right people and create a workflow to consistently deliver your idea to customers.
- Sell like a girl’s scout, assemble the resources you need and focus on what is necessary to succeed.
- Ask people for help, continuously refine your side hustle to retain what works, while letting go of what doesn’t.
5 things I learned from the book “Smarter Faster Better — The Transformative Power of Real Productivity”
When I picked up “Smarter Faster Better — The Transformative Power of Real Productivity” I expected the same kind of conventional wisdom prescribed in Charles Duhigg’s last book, The Power of Habit. A couple of anecdotes and a handful of case studies later, I beg to differ. I’ve picked five concepts to share, which I’ve found to be helpful or personally enlightening in some way. Not all concepts are productivity hacks, but all are definitely interesting:
7. Influence: The Psychology of Persuasion
The Book Explain Following things
- It can help you in defending yourself from Influence of marketing professionals.
- It can help you in taking a right decision to as many people as possible.
- It can be used to design & craft such products which will be widely accepted by users. This book is an excellent prologue if you are interested in studying Product Design or User Experience Design.
