Career Financial Literacy Entrepreneurship Financial Planning

6 Must-Reads for Young Entrepreneurs

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Here are six books written for the young entrepreneur. If you’re looking to start a business, or turn your hobby into a career, these books could help:

Must Read 1: “The Young Entrepreneur's Guide to Starting and Running a Business: Turn Your Ideas into Money!” By Steve Mariotti

Steve Mariotti has co-authored more than 30 books about entrepreneurship, pulling from his own experience starting and running businesses. In this book, Mariotti sets out to prove that age doesn’t have to be a stopper. He provides valuable insights from other young entrepreneurs, and discusses the basic how-to’s involved. With this book, aspiring entrepreneurs can gain an important understanding of the basics involved with building and running a successful business.

Must Read 2: “The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich” By Timothy Ferriss

Timothy Ferriss is breaking the stereotype of a 40-hour work week. Many believe that the more hours you work, the more you earn, but Ferriss challenges that school of thought. He encourages young people to focus on their mindset at work, instead of the hours they put in.

Must Read 3: “How to Win Friends & Influence People” By Dale Carnegie

This classic, first published in 1936, is a popular book among entrepreneurs and goal-seekers of all ages, but it’s a great motivator for young people looking to hit the ground running with a new business. With over 15 million copies sold, How to Win Friends has earned a cult following by helping people improve both their work and personal lives. It also provides key insights into influencing how others perceive you and your ideas. 

Must Read 4: “Founders at Work: Stories of Startups' Early Days” By Jessica Livingston

Nothing gets one motivated like hearing the success stories of others who started in the same position one is in today. In this book, Jessica Livingston offers stories of trial and error by start-up legends, including the founders of Apple, PayPal, Hotmail and more. 

Diving deep into the transformations of a range of business owners from young visionaries to top-tier celebrities, Livingston offers valuable insights into how these people overcame obstacles and beat the odds to make it.

Must Read 5: “Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!” By Robert T. Kiyosaki

First introduced to the world over 22 years ago, this book has been translated into multiple languages and continually tops the charts as a leading book on personal finance. 

Robert Kiyosaki dives deep into the fundamental differences between how high-net-worth and low-income families discuss money. Pulling from his childhood experiences listening to his own father and the wealthy father of a friend, Kiyosaki breaks down common myths about money and building wealth versus growing your income. 

For young entrepreneurs, Rich Dad Poor Dad offers a refreshing and thought-provoking perspective on handling money and growing your wealth.

Must Read 6: “Rework” By Jason Fried and David Hansson

This book is designed to rework the way one thinks about starting a business. Instead of the old-school steps young entrepreneurs are taught to follow, this book offers a goal-based, action-leading alternative to motivate and encourage young go-getters to get moving right away. What many may consider “business essentials,” Jason Fried and David Hansson consider obstacles, excuses and non-necessities. Instead of drawing up a plan, these authors encourage just getting to work. 

If you have the passion and drive to run a business, you may still need some encouragement and knowledge to get started. These six books will help you understand the challenges of starting and running a business, and will  keep you excited about your new venture.

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This content is developed from sources believed to be providing accurate information, and provided by Kelly Financial Planning. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.