13 Books Every Entrepreneur Can Benefit From Reading

A lot of times I find myself referencing a book or two that I’ve read and people will ask me for a list of books that I recommend on business startups, business growth, personal development, or about being an entrepreneur in general so I compiled this list of books with links where you can purchase them on Amazon.

UPDATE: I’ve recently added 13 more books every entrepreneur should read!

Here is the short list:

  1. The Art of the Start – Mantras and milestones
  2. Getting Things Done – Work when appropriate
  3. Good to Great – Kill the cash cow and sell the mills
  4. The E-Myth Revisited – Organize and appoint
  5. The 4 Hour Workweek – Outsource and diversify
  6. Tribes: We Need You to Lead Us – Use the crowd
  7. Think and Grow Rich – The secret to everything
  8. The Richest Man in Babylon – Pay yourself first
  9. Cashflow Quadrant – Ownership pays dividends
  10. Made to Stick – Stories stick
  11. The Tipping Point – Little things don’t always stay so small
  12. Freakonomics – Question “common sense”
  13. Multiple Streams of Income – Tim Ferriss + Robert Kiyosaki

And here is more detailed descriptions: Read More

7 Ways to Grow the Action Habit

People at the top of every profession share one quality — they get things done. This ability supercedes intelligence, talent, and connections in determining the size of your salary and the speed of your advancement.

Despite the simplicity of this concept there is a perpetual shortage of people who excel at getting results. The action habit — the habit of putting ideas into action now — is essential to getting things done. Here are 7 ways you can grow the action habit:

1. Don’t wait until conditions are perfect
– If you’re waiting to start until conditions are perfect, you probably never will. There will always be something that isn’t quite right. Either the timing is off, the market is down, or there’s too much competition. In the real world there is no perfect time to start. You have to take action and deal with problems as they arise. The best time to start was last year. The second best time is right now.

2. Be a doer – Practice doing things rather than thinking about them. Do you want to start exercising? Do you have a great idea to pitch your boss? Do it today. The longer an idea sits in your head without being acted on, the weaker it becomes. After a few days the details gets hazy. After a week it’s forgotten completely. By becoming a doer you’ll get more done and stimulate new ideas in the process.

3. Remember that ideas alone don’t bring success
– Ideas are important, but they’re only valuable after they’ve been implemented. One average idea that’s been put into action is more valuable than a dozen brilliant ideas that you’re saving for “some other day” or the “right opportunity”. If you have an idea the you really believe in, do something about it. Unless you take action it will never go anywhere.

4. Use action to cure fear
– Have you ever noticed that the most difficult part of public speaking is waiting for your turn to speak? Even professional speakers and actors experience pre-performance anxiety. Once they get started the fear disappears. Action is the best cure for fear. The most difficult time to take action is the very first time. After the ball is rolling, you’ll build confidence and things will keep getting easier. Kill fear by taking action and build on that confidence.

5. Start your creative engine mechanically – One of the biggest misconceptions about creative work is that it can only be done when inspiration strikes. If you wait for inspiration to slap you in the face, your work sessions will be few and far between. Instead of waiting, start your creative motor mechanically. If you need to write something, force yourself to sit down and write. Put pen to paper. Brainstorm. Doodle. By moving your hands you’ll stimulate the flow of ideas and inspire yourself.

6. Think in terms of now
– Focus on what you can do in the present moment. Don’t worry about what you should have done last week or what you might be able to do tomorrow. The only time you can affect is the present. If you speculate too much about the past or the future you won’t get anything done. Tomorrow or next week frequently turns into never. As Ben Franklin said, “Never put off until tomorrow what you can do today.”

7. Get down to business immediately – It’s common practice for people to socialize and make small talk at the beginning of meetings. The same is true for individual workers. How often do you check email or RSS feeds before doing any real work? These distractions will cost you serious time if you don’t bypass them and get down to business immediately. By becoming someone who gets to the point you’ll be more productive and people will look to you as a leader.

It takes courage to take action without instructions from the person in charge. Perhaps that’s why initiative is a rare quality that’s coveted by managers and executives everywhere. Seize the initiative. Be a crusader. When you have a good idea, start implementing it without being told. Once people see you’re serious about getting things done they’ll want to join in. The people at the top don’t have anyone telling them what to do. If you want to join them, you should get used to acting independently.

Review of a Self-Help Dropout

It’s as if Chris Hardwick asked WIRED, “Is there anything I can do to re-inspire confidence in your magazine with Jason Cobb?  He’s been reading your magazine since your covers featured tight-fisted EFF logos, even before Marc Andreesen launched Netscape. He’s the rebellious teenage hacker whose grown up to work in an office everyday, but still yearns for the fancifulness that only WIRED can bring.  Let me bring it to him.  Let me be the one.”  And so, we get “Diary of a Self-Help Dropout” by Chris Hardwick, freelance writer, comedian, and musician.

Its a review of three self-help books including Allen’s Getting things Done, a feature favorite and life changer for Jason Cobb and millions of others around the globe.  I busted out laughing on page 75 when he summarized Allen’s system for prioritization, “Explode my individual tasks into a philosophical framework incorporating my life’s ultimate purpose.  Oh, OK. That’s all I have to do.”  I’ve often felt the same way.  One more quote that just reeks of Jason is on page 77 when Hardwick says of menial tasks, “You might as well write a check to ‘Failure’.”  I think that if Jason just gives this issue a chance he might come to love WIRED again.

Best “Crash” Ever?

Jan 2009’s WIRED magazine sees more bells and whistles than ever before.  There are more things going on, each page filled with sub-boxes, clues to guide you through the choose-your-own adventure that editor Chris Anderson wants every issue to be.  The first article to stick out to me was by Scott Brown on page 66 entitled “Best Crash Ever.” What caught my eye was a reference to “The Great Facebook Panic!”. Okay, Scott, you have my attention.  Go on.  He does.  The premise of the story is to imagine what the new depression, which starts in 2008 will look like now that we are in the digital age, but around half-way through the article, something started sounding familiar.  The dystopian mix of technology and hard-times sounded like a sequel to Snow Crash and then it hit me.  Why not have a sequel to Snow Crash set in today’s “metaverse” and economic slowdown. When the only thing we are good at as a nation is programming and pizza delivery, it pays to have tight wheels, friends you can trust, and a fast connection – even if it means living in a U-Stor-It.

I emailed Scott Brown this message:

Great story in the Jan 2009 issue.  Wondered if “Crash” was a wink to Stephenson’s Snow Crash? I didn’t think about this until about half-way through when I realized how your article could be construed as a premise for a sequel to Neal’s epic.

And he replied a little over a month later:

Oh dude. I wish!