My favorite business book

1,575 Views | 14 Replies | Last: 5 hrs ago by bagger05
BartInLA
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OldArmyCT
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AG

infinity ag
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BartInLA said:




My wife mentioned the book a few days ago. She isn't a reader but she heard about it. Will check out.
BBDP
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AG
I'll try to put my list out here. I started a business almost 5 years ago and have been reading business books like crazy. I have been wanting to make a list and give grades.
Rich Dad Poor Dad is middle of the pack but I'm more of a Ramsey fan.
Ag92NGranbury
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AG
Kiyosaki is a MLM hack. Only about 20% of his stuff is useful.
permabull
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AG
Ag92NGranbury said:

Kiyosaki is a MLM hack. Only about 20% of his stuff is useful.


https://markets.businessinsider.com/news/stocks/robert-kiyosaki-rich-poor-dad-tuna-gold-silver-bitcoin-inflation-2022-6?op=1

I don't know man he seems to have it all figured out
MRB10
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AG
I'll save you some time.

Buy gold, bitcoin, and income producing real estate. He's had a hell of a ROI since Covid.
BBDP
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AG
Upside by Kenneth W Gronbach (A)
Range by David Epstein (opposite of Outliers) (B)
Buy Back Your Time by Dan Martell (A)
Traction by Gino Wickman (C… overrated IMO)
The E-Myth Revisited by Michael E Gerber (do not recall)
The Lean Startup by Eric Ries (C)
AI for Business by Russel Grant (F… I think AI wrote it)
Atomic Habits by James Clear (A+)
Simple Numbers, Straight Talk, Big Profits… and Simple Numbers 2.0 by Greg Crabtree (1st one is an A, second is a D)
How to Win Friends and Influence People by Dale Carnegie (B)
Change your Paradigm Change your life (B-)
The Millionaire Next Door by Thomas J. Stanley (A+)
Leadership and Self Deception by The Arbinger Institute (A)
The 7 Habits of Highly Effective People by Stephen Covey (B)
Outliers by Malcolm Gladwell (A)
Entreleadership by Dave Ramsey (A)
The Richest Man in Babylon by George S Clason (A)
The Psychology of Money by Morgan Housel (A)
Rich Dad Poor Dad by Robert T Kiyosaki (B)
Shoe Dog by Phil Knight (A)
Zero to One by Peter Thiel (TBD)
80/20 Principal by Richard Koch (TBD)
The Let Them Theory by Mel Robbins (TBD)
Boundaries by Henry Cloud (B)
Ag92NGranbury
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AG
chatgpt: please make that list more usable:

A+ (Top Tier)
  • Atomic Habits James Clear
  • The Millionaire Next Door Thomas J. Stanley
A
  • Upside Kenneth W. Gronbach
  • Buy Back Your Time Dan Martell
  • Simple Numbers, Straight Talk, Big Profits Greg Crabtree
  • Leadership and Self-Deception The Arbinger Institute
  • Outliers Malcolm Gladwell
  • Entreleadership Dave Ramsey
  • The Richest Man in Babylon George S. Clason
  • The Psychology of Money Morgan Housel
  • Shoe Dog Phil Knight
B
  • Range David Epstein
  • How to Win Friends and Influence People Dale Carnegie
  • The 7 Habits of Highly Effective People Stephen Covey
  • Rich Dad Poor Dad Robert T. Kiyosaki
  • Boundaries Henry Cloud
B-
  • Change Your Paradigm, Change Your Life
C
  • Traction Gino Wickman
  • The Lean Startup Eric Ries
D
  • Simple Numbers 2.0 Greg Crabtree
F
  • AI for Business Russell Grant
Not Yet Rated / Uncertain
  • The E-Myth Revisited Michael E. Gerber (do not recall)
  • Zero to One Peter Thiel (TBD)
  • The 80/20 Principle Richard Koch (TBD)
  • The Let Them Theory Mel Robbins (TBD)
techno-ag
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AG
Add to the list Profit First by Mike Michalowicz.
The left cannot kill the Spirit of Charlie Kirk.
phorizt
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techno-ag said:

Add to the list Profit First by Mike Michalowicz.

The Pumpkin Plan by Michalowicz is my favorite of his books.

I have a problem staying focused and always want to try to do everything and have as much variety in my business as possible which can be a real negative as it stretches people and resources thin. This book was great for helping me.

Another book along the same lines that I really like is The One Thing by Gary Keller.

bagger05
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AG
Quote:

Traction by Gino Wickman (C… overrated IMO)

I'm a big EOS enthusiast. The book itself is whatever. The system is excellent.

More accurately picking any system and running it is excellent (once you get to a certain size and complexity).

I'm big into EOS but there's nothing magic about it. You can run Great Game, Pinnacle, Rockefeller Habits, or any of the others out there but there's enormous value to picking one system and sticking with it. I like EOS because it's pretty widely used and there's a good community to tap into.

The book itself might give you a couple good ideas you could incorporate into your business but honestly I haven't seen it do much good for anyone who doesn't basically go all in.
one safe place
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About to write my own book.

Get Rich by Writing a Book Telling Others How to Get Rich But Not Mentioning Doing So by Writing a Book

I know the title is very long but with only a single page, it is a quick read.
BBDP
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I worked for a firm that was implementing EOS and it was painful. I was not at the corporate office trying to run their new acquisition and they were not giving support but wanting to use EOS.
Then I started my own firm and read the book with that recent bad experience. As I've gotten bigger, I read it most of the way through a second time and am just not ready for that much process and bureaucracy.
I have a friend who thinks it's the greatest thing out there but he loves process.
I'll give it another try this year.
bagger05
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It works great if you're the type of company it's designed for. As I said, I'm a big time enthusiast. But I have plenty of friends that I wouldn't recommend run EOS (or any other system like it).

If you have a young company, you need tons of flexibility and a system like EOS can be stifling. If you're a big company with a ton of people and lots of legal requirements it can be way too light for you to meet your obligations.

I'd say the ideal company for a system like that is one at risk of the "founder's trap." The company grows through one person's hard work and strength of will, but at some point that becomes the bottleneck for the business. In the book they talk about "hitting the ceiling." If you're a young company and you're still growing by just working hard and figuring it out as you go, you haven't hit the ceiling yet and systems and process are just going to bog you down.
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