Matt & Scott share their business books that have provided them value and insight as business owners themselves.
The E Myth Revisited (Matt)
This book discusses business systems. There are owners, managers, and technicians in every business. If you’re a great technician, you might not be a great manager or owner (e.g. if you’re a great coach, it doesn’t meat you’d be great at running a gym).
Scott’s Initial Recommendations
He recommended reading the Wall Street Journal daily for a few years--stick to the business stuff. The Harvard Business Review is another good source. Lots of new business books are just repackaged old ideas.
Scott got much out of My Years with General Motors.
Poor Charlie's Almanac (Matt)
The 4 Steps to the Epiphany (Scott)
This book is about creating a start up.
The Effective Executive (Matt)
This book discusses time management and how to best focus your efforts. It really can apply to anyone who runs anything (a household or family, for example).
Some Newer Options
Creating a Company Culture & Expertise
This is difficult to do.
Also, you ultimately have to do and get over the expertise hurdle. Keep learning, get after it, and ask questions.
The Autobiography of Benjamin Franklin
This book delivers great productivity, work ethic, and living good life tips.
This book discusses how to have difficult but necessary conversations. This applies to business, but also normal human interactions in any relationship.
The Business of Business
Business is hard. People glamorize it, but it comes with challenges and the probability of failure and failure’s consequences.
Plus some rapidfire book recommendations that didn’t quite make the top cut.
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