Warren Buffett is definitely one of the most experienced capitalists of our point in time. He shared his secret of success, which was reading 500 pages a day; He said that knowledge which we get from leading books about business increases like interest. The examples of other important business people who have made reading their habit are Bill Gates, who read 50 books each year. The co-founder of Facebook made a goal of reading a book in 2015. If you want to learn about new ideas, want to think out of the box, an advance comprehensive of sundry knowledge, and then wait no further, start reading:
- The Intelligent Investor by Benjamin Graham- One of leading books about business
The key point to summarize is that never believe in the market, i.e., don’t follow the market’s sentiments. Sometimes, the Apple Company’s shares may rally due to the release of a new Apple mobile, but due to not liking by customers may turn the stocks in the red. He also describes how an investor believes the market price is judged by established principles of value; shareholder bases all of their principles of value lying on the market price, which is a major difference. An exceptional way to check if the market is really your value-judgments is to ask yourself whether you would be happy to invest in a meticulous stock if you were not capable of knowing its current price. That way, you have to rely on your gut feeling.
- The Innovator’s Dilemma by Clayton Christensen
It is one of the top listed leading books about business for a very long time. It is one of the bestselling books. Huge names in the start-ups like Steve Jobs, Jeff Bezos have promoted this book. A renowned Harvard Business School professor Christensen has based this book on outlining his seminal hypothesis. He gives famous lectures on business movers and shakers of all stripes.
It guides struggling companies to best business practices; for example, benchmarking the competition, investing in new technologies, and listening to the customer can make any company turn around and become successful.
- The Art of War by Sun Tzu
This book is one of the best books written around 2000 years ago. It’s been so popular and relevant worldwide. The lesson learns from this book can be applied directly to other competition fields, such as sports or business. To make it more relevant, I’ll discuss it in terms of it in a business:
i) Choose those battles, which you end up winning:
For the new business owners, this is the first question they should ask: Do they have the ability to defeat the big players in that market? If not, they should not pursue it and look for another sector to be ahead of their competitors.
ii) Give your competitions false news:
Always show your strength as a weakness to your competition. This will make them do what you, as the company, want them to do.
- Emotional Intelligence by Daniel Goleman
I became very much interested in talking about this book. This is about Emotional Intelligence. This great book has been sold over 5 million copies around the world. The author gives in detail the success recipe that has to do with our way of thinking. It takes a different approach and gives practical advice to enhance our emotional skills, leading to achieving more and making us happier.
Conclusion:
I have done a detailed search for these titles. The main point was to bring on cross-referenced lists of the Best Books for Starting a Business according to influential business people and major media outlets to bring you this list.
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