Do you want to become a successful entrepreneur? Do you often search for ways to become a millionaire?
Millionaires are not born with silver spoons; rather, they work hard to reach this position. If you aim to establish a business and become a millionaire, you should excel at investing your money and making financial decisions. You need to follow the right path to gain power and hold on to it.
The best way to gain knowledge is to feed your mind through reading. Reading about business ideas, investments, and millionaires is a great way to get started and stay on course. Books by famous business owners and financial professionals will boost your confidence and provide helpful guidance on investment and wise financial decision-making.
To help you in your entrepreneurial journey, we have listed below the top ten business books that can make you a millionaire. Any aspirational business owner should read them to gain the courage to take on challenges and achieve financial success.
- Thinking, Fast, and Slow, by Daniel Kahneman
Thinking Fast and Slow, by Nobel Prize-winning writer Daniel Kahneman, shows how easily people deviate from reason. We are all biased; entrepreneurs should be particularly conscious of this since they often perceive the world only from their point of view.
Kahneman’s extensive research explains how two different systems affect human behavior. One is automatic and impulsive; it works without our conscious awareness. The second is our capacity for reason and decision-making; it is intelligent, methodical, and calculated. The second system, which is the foundation of human intelligence, is significant since it depends on our capacity for self-control and attentional concentration. It’s crucial to understand, though, that when faced with insufficient information, our minds tend to oversimplify, which frequently results in poor judgment.
- Think and Grow Rich by Napoleon Hill
One of the best business books, Think and Grow Rich Millionaire by Napoleon Hill, is referred to as a life-changing book. Since its publication in 1937, over 15 million copies of this book have been sold. Many rich businesspeople have followed the principles the book promotes, such as the “Law of Success.”
This book inspires, which may be its greatest quality. You get a new way of thinking that will enable you to make long-lasting changes to the way you handle money. Its tenets are basic concepts like goal-setting and the value of an optimistic outlook. It’s possible that Napoleon Hill, a fictional character in the book, embellished some parts of his biography and anecdotes. But keep in mind that this book is a classic for a reason. Because it fosters a transforming mindset, everyone should read it.
- The Highest Calling by Larry Janesky
Another book on that list, The Highest Calling, is “an inspirational novel about business and life, struggle and success.” This book narrates a story about Troy Becker, a fictitious remodeling company entrepreneur, with business tips woven throughout. Troy struggles to make ends meet, puts in 70 hours a week at work, and is not able to grow in his career. Then, one day, Troy meets an enigmatic mentor who begins giving him advice on how to build a company that will bring him greater personal fulfillment and value.
The author of The Highest Calling achieved great success in waterproofing the basement in real life. He established a national company with nine-figure yearly sales. If you also think that starting a high-tech company is the only way to make money, you need to think again. Success will follow if procedures and systems are in place and your priorities are clear.
- The Millionaire Fastlane by M.J. DeMarco
A lot of people never become millionaires because they follow the traditional paths to becoming rich, which are ineffective. The Millionaire Fastlane by M.J. DeMarco will guide you if you want to start your own business and feel like you are wasting your time at a job you do not like.
Failing is one of the main issues with becoming rich. Lack of planning is one of the main obstacles to becoming a rice farmer. You will go bankrupt even with a large income if you are always indulging in luxuries like fancy dinners and cars.
The traditional route to wealth involves working extremely hard when you’re young to accumulate enough savings for retirement. That might take a very long time! You can develop a self-sustaining product or enterprise and begin creating wealth. When that happens, you will continue to make money even when you are not working.
- Built Not Born by Tom Golisano
Tom Golisano, the founder of Entrepreneur and Paychex, wrote the Built, Not Born book. It shows the author’s self-made journey and how he started his business with just $3000 in 1971. The book chronicles his 50-year journey as a businessman, starting with a small company and growing it into a multibillion-dollar enterprise.
Although Tom Golisano is a billionaire, this book is not his pet project. You should follow the lessons of Built, Not Born to achieve success and increase your net worth. This is a terrific place to start if you’re searching for actionable guidance on how to improve business performance in your organization, hire competent staff, and implement a solid business plan.
- The Automatic Millionaire by David Bach
One of the top business books that can make you a millionaire, The Automatic Millionaire by David Bach, proves how being wealthy does not require having a big, fat salary.
David Bach demonstrates how being wealthy doesn’t require having a large salary by telling the tale of a normal American couple.
Bach believes that you should always put yourself first and that setting up an automated financial system will benefit you down the road. You can also pay your bills on time by automating your payments. It just takes an hour to set up the system, and you only need to “do it once, and the rest is automatic!
- Secrets of the Millionaire Mind” by T. Harv Eker
The book “Secrets of the Millionaire Mind” draws a line between wishing to be wealthy and truly being wealthy. It’s divided into two sections:
The first part covers how to discover and reset your financial blueprint, and Part 2 offers insight into the attitudes and actions of the wealthy. According to the book, while some people aren’t wired for financial success, you can rewire yourself to be successful if you change your financial blueprint and adopt their way of thinking.
- Total Money Makeover by Dave Ramsey
When it comes to daily money management in the US, Dave Ramsey is the undisputed king. With millions of listeners to his daily radio program, personal finance classes, books, and even a budgeting software called Every Dollar, Ramsey has created an empire in the personal finance space. Ramsey experienced financial ruin before becoming a multimillionaire. Nobody likes to be impoverished, and Ramsey’s method has helped a lot of people by creating wealth, controlling their spending, and achieving debt freedom.
The amount you spend determines your net worth more than your income. The first step in achieving your company objectives is to release yourself from the burden of constant debt and money worries. You need to change your spending patterns. Until you get control, it is tough to measure the actual weight.
- Blitzscaling by Chris Yeh and Reid Hoffman
Blitzscaling by Chris Yeh and Reid Hoffman is a popular choice when it comes to guidance to become a millionaire. The subtitle of the book is the lightning-fast route to creating extraordinarily valuable businesses. Hoffman explains that “blitzscaling is what you do when you need to grow quickly.
Growing a business quickly to cater to a sizable global market is both an art and a science, both to be the first mover at scale. Billionaires often recommend this book as guidance to begin their businesses and become millionaires. It has received over 5,000 positive Goodreads ratings and a foreword by Bill Gates.
- Money: Master the Game, by Tony Robbins
Money: Master the Game, by Tony Robbins, is for anyone who wants to achieve true financial freedom and make their money work for them.
To live your life as you choose, money helps you through the essential stages to turn a little nest egg into a mountain of fortune. Building an investing fund that would ultimately set you free, or a “freedom fund,” is one of the concepts Robbins outlines.
Ensure that your money is working hard and not just sitting around in a low-interest savings account. Your funds should be accruing interest annually. Most importantly, be confident in yourself and complete your task. Having a positive mindset is the first step towards success.
In summary
So, these are the 10 best business books that can make you a millionaire. Reading good books inspires you to do great things. Make the right financial moves and guide your business path on what to do and how to do it. You increase your chances of success and empowerment when you move toward your aspirations and goals.