Read 500 pages every day.

That’s how knowledge works, according to Warren Buffet, an American business magnate and one of the most successful investors of the 20th century. As a businessman, Buffet has always stood by his principle of how reading – books, annual reports, news – is the locomotive of his success in the money-making field.

It is no surprise that reading can make one wiser, especially in the field of business. If you are a business owner, here are five books you definitely should not be missing out on this 2023.

Top 5 Books Every Business Leader Should Read Today

We’ve compiled a list of books for business managers that became best sellers for a reason. Fire up your business with these great reads.

1. The Richest Man in Babylon

Author: George S. Clason

First publication: 1926 Review from a business leader

“ From the father of the phrase ‘pay yourself first’, you receive all the knowledge you need to develop an investor’s mindset,...This book was recommended to me by a friend before I launched my business, and the only regret I have is not reading it sooner. Through this book, I was able to expand my view on money and finances. It’s a unique and interesting parable fresh to any reader’s mind, even though it was written almost a century ago.”

Anthony Martin, Founder and CEO of Choice Mutual.

Image Source: ibooks

Book in short

George Clason discusses the concepts of personal finances, investing, and the rules of money and depicts a wealth-building journey of a man from Babylon. This man eventually becomes one of the wealthiest people in Babylon. How does he do that? By saving money, investing regularly, diversifying income sources, fighting procrastination, and seeking financial freedom. The book also highlights the sloppy and slippery nature of debt.

2. Rich Dad Poor Dad

Author: Robert Kiyosaki

First publication: 1997

“ Rich Dad Poor Dad is a timeless classic and well-loved book all around the world when it comes to business. When I read this book, it changed the way I perceived money: you don’t work for money; instead, you let money work for you. Robert Kiyosaki tackles mind-boggling yet eye-opening topics in terms of self-management and financial literacy. A must-read, for sure.”

Ben Knegendorf, Co-Founder of Dropship Breakthru.

Image Source: elearnmarkets

Book in short

There were two dads in the life of Robert Kiyosaki:

• Poor Dad – his biological dad, an extremely well-educated man with a PhD behind his back.
• Rich Dad – his best friend’s dad, a school dropout.

Both didn’t lack charisma and influence. Both earned substantially. But – One always faced financial struggles and left bills to be paid after his death. The other one turned into a millionaire and left piles of money to charities and his family. The author claims the ‘rich’ are not the ones with the most money and possessions but rather the ones who make use of their minds to be financially free. One of the best books on business, Rich Dad Poor Dad teaches you how to manage yourself not to be a slave for money.

You’ll also discover:

• 6 lessons learned from the Rich Dad + mistakes of the Poor Dad
• 5 roadblocks that prevent people from becoming and staying wealthy
• 10 steps towards awakening your financial genius

He also dwells on the essentials of people management required for leading a successful business. In the final chapter, Kiyosaki summarizes all points from his book and provides an actionable list of recommendations on how to make money work for you.

3. The 4-Hour Work Week: Escape 9-5, Live Anywhere, and Join the New Rich

Author: Timothy Ferriss

First publication: 2007

“ I have recently read The 4-Hour Work Week by Tim Ferriss, and I wholeheartedly recommend it,...This business book provides a detailed plan to break free from the traditional 9-5 grind, open mind to global opportunities, explore automated solutions for organizing work, and ultimately, increase work efficiency. Anyone who reads it will gain valuable insight into how to live a better life while working less but earning more.”

Jack Underwood, CEO & Co-Founder at Circuit.

Image Source: readingraphics

Book in short

What would you choose: an 80-hour workweek and $40K yearly or a 4-hour workweek and $40K monthly? Of course, it would be the second variant. If so, here’s the DEAL for you:

• D – Definition
• E – Elimination
• A – Automation
• L – Liberation

That’s how you should become a ‘dealmaker’ – a true entrepreneur who can break a vicious circle of 9-to-5.

In his book, Tim Ferriss talks about how people can get out of the nine-to-five working routine trap. Implementing his ideas, you can start living life outside the confines of offices and work hours. He gives out some practical tips on how to work remotely. One of the sure-fire ways to get the most from it is to use automatic scheduling tools and other instruments to boost productivity.

Anyway, you’ll find all of them in the book.

4. The Art of Impossible: A Peak Performance Primer

Author: Steven Kotler

First publication: 2021

“ Steven is a ‘flow’ specialist who instructs other leaders on how to maximize their performance. This science-driven guide helped me set my goals higher to achieve a condition of optimal performance in eCommerce business management. All that thanks to the four components: motivation, learning, creativity, and flow.”

Jonathan Elster, CEO at EcomHalo.

Image Source: Next Big Idea Club

Book in short

This New York Times bestseller tells its readers how each one of us is capable of so much more than we think we can achieve. In fact, your unattainable dreams that seem so far away are within your reach. You can actually become so much more than you think you are and reach goals faster and more efficiently.

Steven Kotler strongly believes that motivation is what gets you into this game and drives the whole process. Putting it under your belt, you can lead the productivity revolution and operate at peak performance.

5. It’s the Manager: Moving from Boss to Coach

Authors: Jim Clifton and Jim Harter

First publication: 2019

“ This is a reference book that should lie on the tables of all C-suite leaders.It taught me how to go from bossing to coaching our team of developers and engineers. And eventually, we were able to bring cybersecurity app development to the next level with the power of employee engagement as the main driving force.”

Volodymyr Shchegel, VP of Engineering at Clario.

Image Source: readingraphics

Book in short

If you think you’re not bossy at all, you might be wrong. Do you know why?

Two authors, both leaders at Gallup, will give you the answer in this bestseller from the Washington Post and Wall Street Journal lists. They also share the critical how-tos for a business manager like as follows:

• How to establish your organizational culture.
• How to attract and hire ‘star’ employees.
• How to review performance.
• How to promote diversity and inclusion in the workplace.
• How to approach innovation management, and other significant things.

But more importantly: how to develop the traits of a great leader and engage employees more effectively.

The Art of Books in Business

Books for business owners do not start and end with books about financing or money. Books on self-improvement, leadership, and people management are also vital for building a thriving business.

Food may feed your stomach, but only books and experience build your mind. Reading can help you expand your knowledge in ways you never imagined before. So, what are you waiting for?

Grab a book and open new horizons for yourself and your team.