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You deserve some time to relax.
Why not accelerate your growth while you are at it.
As anyone who is an entrepreneur knows, we hardly have time to eat lunch let alone weed through books. As I continue to my goal to read a book per week, I wanted to share with you my favorites this year. These books have been huge in my personal and business life. These will stand the test of time on your shelves. You may even find yourself coming back to them again as I did.
1. Tools of Titans: Tim Ferriss
I read this book earlier this year. It’s almost 700 pages long but I could not put it down. I finished it in under a week. There are knowledge bombs coated on every page. Tools of Titans isn’t structured in a typical fashion. Tim Ferriss takes you on a personal development journey. Taking your from health, wealth, and knowledge, he interviews top performers in every area of life.
A few of my favorite are:
- Arnold Schwarzenegger
- Scott Adams
- Seth Godin
- Tony Robbins
- Jocko Willink
- Derek Sivers
I can’t say enough about this book and that’s why it’s first on my list. Expect to be referencing it over and over. I immediately added it to my ‘read every year list’.
2.) Extreme Ownership: Jock Willink
Jocko is a former navy seal (whom you probably have noticed I quote a lot). He has an uncanny knack for pulling the best out of you. Extreme ownership is a must-read for anyone looking to develop their leadership skills. Jocko uses stories from his deployment in Iraq, the tough decisions he had to make, and how he thought through those tough decisions.
He now owns a leadership company. From startups to Fortune 500 companies, they teach the same leadership principles used during war. This book changed the way I thought about business management and brought the simplicity of a leader’s job to the forefront. To lead and win.
3.) The Warren Buffett Way: Robert Hagstrom
I studied this book as a textbook. I took notes with every turn of the page. It’s a great insight into how the greatest investor of all time (The GOAT) developed a large portfolio of businesses and investments. It dives deep into how Warren thinks about investing, in addition to how he handled adversity, negotiation, and how he structures his deals. Every entrepreneur should be thinking through capital allocation the way he does.
4.) The Power of Habit: Charles Duhigg
Diving deep into the truths of why we do what we do, The Power of Habit gives powerful examples of our daily rituals association to our success. Providing stories on every end of the spectrum. From NFL football coaches implementing systems to allow football players to develop positive habits. To how a chain-smoking alcoholic turned her life around and became an executive at her company. This book shows You how important your daily routine is, and how you can change it. That goes for you, your employees, or anyone else involved in your organization. Pro Tip: The audio version is fantastic.
5.) The One Thing: Gary Keller and Jay Papasan
The one thing gives you a powerful outlook on your priorities in business. The premise asks the question: what is the one thing I must do such that by doing it everything else will become easier or unnecessary? Gary and Jay show you how to prioritize everything in life and it starts with your ‘one thing’.
This is a book that will change the way you think about your day. You will begin to second guess your schedule. In the end, you will come out more productive and focused than you were before you started reading.
6. Atomic Habits: James Clear
One of the most eye-opening books I have ever read. James shows the deep roots of what makes a habit. In of the coolest parts of the book, James shows how you can make good habits something you crave, and bad habits distasteful.
Profit First: Mike Michalowicz
Most businesses run their accounting by taking revenue – expenses = Profit. Mike throws all accounting principles and states what if you took Profit-Revenue = Expenses. A must read for anyone with cashflow problems.
What are your favorite entrepreneurial books have read this year?
Andrew is the host of The Personal Finance Podcast, a show that is changing the way you think about your money. His primary goal with the podcast is to bring as much value as possible to his listeners.
Andrew's favorite free financial tool he's been using since 2014 to manage his net worth is Personal Capital. Each month he uses their free Investment Checkup tool and Retirement Planner to track his investments and ensure that he's on the fast track to financial freedom.
His favorite investment platform is M1 Finance, a site that allows him to build a custom portfolio of stocks for free. It has no trading fees and is his preferred way to invest without having to lift a finger.
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