It’s all about efficiency: The most successful people are pupils who observe and learn from others who have already achieved success. Here’s a list of books that top achievers recommend. This article takes a look at 10 business books that will change your finance in 2022.
10 business books that will change your finance in 2022
1. The Power of One
Author: Bryce Courtenay
“[It’s] a historical novel, but for me, it’s a tale about overcoming adversity with grit, determination and relentless optimism. Whether in a start-up or an established business, competition makes it hard to drive profitable growth. While it’s critical to have smart strategies, superior leadership and execution through optimism, I find that grit and determination are invaluable. The Power of One is also a great read, which is why it’s one of the few books I’ve read multiple times.”
Apply For: CBN Non-Interest Loan 2023
2. Principles: Life and Work
Author: Ray Dalio
“I just finished [it] last weekend and it’s a phenomenal book. He’s kind of this investor savant and he believes that you can structure and write down rules for almost anything, including human behavior and how you manage. He has a fascinating sense of principles, but also talks about the different psychological tests that are prevalent in the workplace–like Myers Briggs–and describes innovative tools like creating ‘baseball cards’ so that employees can understand the personality types of the people they work with. For an engineer trying to understand management, it’s a great read.”
During his ten years as CEO of Red Hat, an open source software firm, Jim Whitehurst has supported the widespread use of open source across industries and increased the company’s income.
3. Leading at The Edge: Leadership Lessons from the Extraordinary Saga of Shackleton’s Antarctic Expedition
Author: Dennis N.T. Perkins
“The backdrop of [this book] is Sir Ernest Shackleton’s remarkable journey of crossing the unexplored Antarctic continent with a team of seamen and scientists. As the true story unfolds, revealing the crew’s dire pursuit for survival, ten lessons of what it takes to be a great leader emerge–focusing on core leadership principles of balancing optimism with realism, summoning the courage to take risks, the importance of consistent messaging and more. The lessons from Shackleton, while conveyed in page-turning adventure, are appropriate for any level of leader and apply universally to businesses in all phases of growth or evolution.”
Stericycle, a healthcare waste management company that has disposed of over 70 million pounds of pharmaceutical waste since 1989, is led by Charlie Alutto.
4. Start with Why: How Great Leaders Inspire Everyone to Take Action
Author: Simon Sinek
“‘People don’t buy what you do; they buy why you do it.’ Based on his powerful TED Talk, Start with Why is Simon Sinek’s model and movement for inspirational leadership. Through his foundational question of ‘why’ Sinek probes deep into the success of some people and organizations that goes beyond their profitability. Rather, he examines why their influence, innovation, loyalty and more lead some to be more successful than others. He provides a framework that allows leaders across industries to emulate the practices of successful leaders like the Wright Brothers, [Martin Luther King] and Steve Jobs who shared no commonalities except that their ideas, movements and products were seeped in the ‘why.’ This book has enabled me to identify my ‘why’–to make people happy–and align my personal and professional goals with that purpose.”
Fabio Ronga is the CEO of beqom, a cloud-based complete compensation solution used by over 100 significant corporations across the world.
5. How to Win Friends and Influence People
Author: Dale Carnegie
“The principles presented in [this book] are just as pertinent today as they were when it was originally published in 1936. At its core, the book represents the most valuable lessons in relationships and empathy, all critical to achieving business success. From learning to acknowledge your mistakes, to avoiding criticism and complaints, to empowering others to express their ideas and opinions, Dale Carnegie’s straightforward yet prolific insights have helped me establish a company culture that supports individual creativity, growth and equality.”
Since 2011, Mark Buff, CEO of Mohu, “The Cord Cutting Company,” has helped people save over $1 billion by removing monthly cable and satellite expenses.
6. Shoe Dog
Author: Phil Knight
“For those seeking a truly honest account of the path to business success, there’s no book that better articulates the realities of the experience than [this one], which chronicles the many challenges Phil Knight faced and overcame in building what ultimately became the biggest shoe empire in the world, Nike. Phil’s memoir poignantly illustrates how perilous, uncertain and struggle-ridden the road to success is for entrepreneurs, emphasizing the value that comes from failure, and the importance of endurance in learning to deal with setbacks. It’s been a great source of advice and comfort in coping with the many challenges and emotions that have come with scaling Koio’s rapid organic growth over the past couple years.”
Last year, Chris Wichert, co-CEO of Koio, a leather footwear business that cooperated with Game of Thrones, JonBoy, and The Beverly Hills Hotel, saw a 400 percent increase in income.
7. The Four Tendencies
Author: Gretchen Rubin
“Have you ever thought ‘Why can’t I accomplish this goal? I should be able to.’ This book provides a deep insight into how you work every day, and by extension, what criteria is needed for you to reach a goal. By taking her quiz, you can identify as a Rebel, Questioner, Obliger or Upholder. The result is an understanding of why you can’t achieve some goals and why you over-achieve in different settings. This self-awareness can help you structure your work, your personal goals and your life in a way designed for you to succeed. It keeps you from thinking ‘I should be able to do that,’ and helps you rework it into ‘I can do that if I do it this way.’ Understanding the tools and structure that you need to succeed can help you work around things that normally would hinder you and move toward the best version of yourself.”
Loni Freeman, VP of human resources at SSPR, a national public relations firm with clients such as Groupon, Halogen Software, and TOGO’s Sandwiches.
8. In Search of Excellence
Author: Robert H. Waterman Jr. and Tom Peters
“This book and the success strategies it uncovered have formed much of the basis of my approach to entrepreneurship and management. The notion that ‘structure is not organization,’ is embodied in the way we operate here at PowerInbox. Instead of investing in and over-emphasizing formalities like a large HQ, corporate hierarchy and other traditional business structures, we’ve instead chosen to stay lean, agile and close to the customer, which has made all the difference in our success. In Search of Excellence , with its expose’ about what it takes to be successful in the long term, was decades ahead of its time in terms of how to empower and motivate employees through autonomy. I’m so glad that I discovered this wisdom early in my career. It has no doubt saved me from several missteps along the way.”
PowerInbox, a multichannel digital monetization technology utilized by over 600 publications to create income through one-to-one engagement with over 85 million unique monthly subscribers, is led by Jeff Kupietzky.
9. Atlas Shrugged
Author: Ayn Rand
“I read this book in high school and it inspired me to try to be one of the people in the world that drives change. Later in life I realized disruptors actually need a full team to carry the weight of the world on their shoulders.”
Rajeev Behera is the cofounder and CEO of Reflektive, a real-time feedback HR platform that recently received $60 million to end annual performance reviews.
10. The First 90 Days
Author: Michael D. Watkins
“The book is written to help the leaders who are in transition between companies or roles. However, I found that wisdom from the book is very useful for new team members regardless their levels, and also early startup founding members who are continuously challenged by new roles and responsibilities as their companies grow.”
Ikkjin Ahn is the cofounder and CEO of Moloco, a mobile advertising Infrastructure as a Service (IaaS) firm that just raised $11 million in Series B funding.
Apply For: CBN Non-Interest Loan 2023