There are so many great business books that inspire, educate, and help create better entrepreneurs. In this article, we’ll share 20 business books in 2020 that’ll change your life and grow your business. By reading one of these must read business books on this list, you’ll learn countless lessons that’ll help you achieve more success. They’re all jam-packed with actionable advice.
- 20 Best Business Books in 2020
- 1. How to Win Friends & Influence People by Dale Carnegie
- 2. Think and Grow Rich by Napoleon Hill
- 3. Rich Dad Poor Dad by Robert T. Kiyosaki
- 4. The 4-Hour Workweek by Timothy Ferriss
- 5. Change Your Questions, Change Your Life by Marilee G. Adams
- 6. The $100 Startup by Chris Guillebeau
- 7. Dropshipping 101: Ecommerce Without Inventory by Daniel Threlfall
- 8. 50 Ways to Get Sales with Dropshipping by Nicole Martins Ferreira
- 9. The Personal MBA by Josh Kaufman
- 10. The Art of War by Sun Tzu
- 11. The Lean Startup by Eric Ries
- 12. MONEY: Master the Game by Tony Robbins
- 13. The Miracle Morning by Hal Elrod
- 14. Lean In by Sheryl Sandberg
- 15. The Ultimate Guide to Starting Your First Ecommerce Business by Tomas Slimas
- 16. The Complete Guide to Marketing Channels by Lily Cichanowicz
- 17. Facebook Ads Tactics That’ll Skyrocket Sales by Paulius Melkūnas
- 18. 10 Online Stores to Use as Inspiration for Your First Store by Nicole Martins Ferreira
- 19. Free Traffic: No Cost Ways to Promote Your Online Store by Dan Virgillito
- 20. Make Money From Home by Adeel Qayum
- Want to Learn More?
20 Best Business Books in 2020
These are the best business books that will help your business grow.
1. How to Win Friends & Influence People by Dale Carnegie
Business Book Synopsis: How to Win Friends & Influence People by Dale Carnegie provides readers with strategies on building relationships and dealing with people. Despite being written in the 1930s, the concepts still prove to be applicable today. The 214-page book covers principles ranging from ‘Give honest and sincere appreciation’ to ‘Ask questions instead of giving direct orders.’
Why it’s a great business book: This is one of the most influential business books on dealing with people. It was #19 on Time Magazine’s 2011 list of the best books of all time. Mega-billionaire Warren Buffett was so greatly influenced by Dale Carnegie’s book that he even signed up for one of his public speaking courses. The book contains numerous nuggets of information to help make you a better leader, listener, and relationship builder. It’s one of those books that you should re-read throughout your career and the author even recommends re-reading it. It contains many quotable moments such as “You can make more friends in two months by becoming interested in other people than you can in two years by trying to get other people interested in you.” If you implement the concepts from business books like this, you’ll create a more enthusiastic team, improve customer service, and more.
2. Think and Grow Rich by Napoleon Hill
Business Book Synopsis: Think and Grow Rich by Napoleon Hill has been considered one of the greatest self-development books. In the 238-page book, he tells stories from successful men such as Thomas Edison, Henry Ford, Andrew Carnegie, and other millionaires from his generation.
Why you should read this business book: When it comes to business books, Think and Grow Rich is a classic. The book offers great insight into what causes a person to achieve greatness. Some of the most popular quotes have come from this book such as “A quitter never wins-and-a winner never quits.” Despite being a book from the 1930s, its popularity has grown, even after Hill’s death. In 2015, the book had sold over 100 million copies since its original release, despite only selling 20 million copies at the time of Hill’s death. The book is worth checking out as Think and Grow Rich quotes are powerful and insightful.
3. Rich Dad Poor Dad by Robert T. Kiyosaki
Business Book Summary: Rich Dad Poor Dad is a popular personal finance book. The book often taught in colleges tells the story of Robert T Kiyosaki’s two fathers: one rich, one poor. The poor dad was his biological father while the rich dad was a friend’s father who acted as his mentor. He shares financial lessons he learned from his rich dad often dispelling common myths in the process.
Why check out this business book: When it comes to business books about financial literacy, Rich Dad Poor Dad is considered one of the best. With over 26 million copies sold, celebrities like Oprah, Will Smith, Donald Trump, and Daymond John have publicly praised the book. This book is great for those who are starting out who want to get into the mindset of an entrepreneur. One of the book’s memorable quotes is, “Workers work hard enough to not be fired, and owners pay just enough so that workers won’t quit.” If you read this while still holding a 9 to 5 job, you might feel slightly more motivated to venture out on your own. The book has received some criticism for its factual inaccuracies, so it’s important to take what you read with a grain of salt. When reading it, use it as inspiration to move forward in your business.
4. The 4-Hour Workweek by Timothy Ferriss
What’s this business book about: The 4-Hour Workweek is considered a game-changing business book by many. It offers insight into how life is and how it could be. Ferris shares his story of how he was an overworked entrepreneur and how he managed to create a better work-life balance. The book offers a step-by-step guide to lower your workweek such as via outsourcing.
Why you’ll love this business book: Business books don’t get any better than this one. Tim Ferriss’ book became so popular that it was translated into 35 languages and sold over 1.3 million copies around the world. The New York Times bestseller was on the list for over four years. The book popularized outsourcing and living a life of freedom. If you decide to become a dropshipper, this book should be at the top of your reading list as the business model complements many lessons from this book. The book is great for new entrepreneurs. One of the memorable quotes in Ferriss’ book is, “The question is then, how can one achieve the millionaire lifestyle of complete freedom without first having $1,000,000?” as it teaches you that you can change your lifestyle even without being a millionaire.
5. Change Your Questions, Change Your Life by Marilee G. Adams
Business Book Synopsis: Inspirational books like Change Your Questions, Change Your Life by Marilee G. Adams doesn’t inspire you in a rah rah kinda way. It delves deep into rewiring your mindset. This entrepreneur book breaks down the difference between a Judger and a Learner mindset. A judger one is often filled with thoughts like ‘What’s wrong with me?’ and ‘Who can I blame?’ but a learner mindset is all about asking questions like ‘What can I learn from this?’ and ‘What’s possible?’ Of course, if you’re knee deep in negative it can be hard to make a sudden switch. But this book helps you transition into a positive mindset by shifting the questions you ask yourself. And it really does work!
Why It’s a Great Business Book: Must read books like this one by Adams don’t get featured on book lists. However, if you’ve been filled with self-doubt, negative thoughts or more obstacles than you know how to overcome, it’s basically like reading the words straight out of an executive coach’s mouth. Adams shares simple transition questions that can help you move from a negative judger mindset into a positive learner one without having to do any drastic personality changes. Entrepreneur books often teach you tactics that’ll help you run your business but this one helps you gain more control of your business by improving your mindset.
6. The $100 Startup by Chris Guillebeau
About this business book: In his book The $100 Startup, Chris Guillebeau shares case studies from 50 individuals who make at least $50,000 from a low investment under $100. He shares the exact amount people spent to create their businesses. Then, he promotes action over planning to achieve results. He also encourages choosing profitable passions.
Why read this business book: The $100 Startup is one of the best business books for entrepreneurs on a tight budget. Starting a business doesn’t need to cost a lot of money which the book reiterates with its case studies. Guillebeau also recommends failing quickly and not investing in projects unless they’ve proven to be profitable.The book contains a one-page business plan which is meant to promote action. He reiterates the importance of action within his book with quotes such as “Plans are only good intentions unless they immediately degenerate into hard work.” Readers will also be reminded to also focus on organic growth instead of a dependence on advertising.
7. Dropshipping 101: Ecommerce Without Inventory by Daniel Threlfall
Business Book Summary: Need a breakdown of what dropshipping is all about? Daniel Threlfall dives deep into the dropshipping basics in Dropshipping 101 you’ll need to know to become an ecommerce success. For those of you who need to start from ground zero, you’ll learn what exactly dropshipping is, what you’re going to need to start a dropshipping business, how to choose your niche and products, how to promote your business and more.
Why it’s a must read business book: Dropshipping is all the rage right now. And while you may have heard people buzzing about it, you might not know where to start. So where do you start? With this ebook! By diving deep into what dropshipping is all about you can get a good grasp to discover if dropshipping is the right business model for you. This is a must read business book for those just starting out with dropshipping. The strategies in this ebook are beginner friendly making it easy to follow along with.
8. 50 Ways to Get Sales with Dropshipping by Nicole Martins Ferreira
Business Book Summary: 50 Ways to get Sales with Dropshipping is a free ebook that helps store owners learn marketing tactics that work to help them succeed in ecommerce. In this business ebook, you’ll learn the exact steps you need to take to level up your online store. Readers who struggle with marketing will learn tactics that they can apply to help them achieve better results.
Why you’ll love this business ebook: Most marketing books share a general overview in the ways you can market your business. But no one ever shares the exact marketing strategies and tactics you need to do to win in business. This isn’t the type of ebook where you’ll learn you should market on Facebook or some other platform. This is the type of ebook where you’ll learn the exact tactics within Facebook marketing you should be exploring. You’ll also discover what other online businesses are doing differently within the whole realm of marketing. You’ll also get to read some pretty great advice from successful marketers and entrepreneurs. No other marketer would ever share this many secrets – business books don’t get better than this. And this one’s the most popular in Oberlo’s collection.
9. The Personal MBA by Josh Kaufman
Business Book Description: In Josh Kaufman’s The Personal MBA, he teaches readers the business fundamentals you’d learn in business school so that you don’t have to enroll. Readers will learn how to master productivity, decision-making and experimentation. You’ll also learn how things actually work in the business world so that you can build a profitable empire.
Reasons to read a business book like this: Many people put off starting a business until they pursue an education or take an online course. With business books like this, you learn the business school essentials in an easy to read book. The book teaches great business insights such as “A good salesman, as the old (and politically incorrect) saying goes, can sell a refrigerator to an Eskimo. It’s a cliché, but there’s some truth to it: Inuit who live above the Arctic Circle use insulated refrigerators to keep their food from freezing in subzero temperatures.” Readers will also learn concepts such as the iron law of the market.
10. The Art of War by Sun Tzu
Business Book Synopsis: The Art of War by Sun Tzu is an ancient Chinese military book. However, many of the concepts in this book apply to politics and business. The book shares insights into how to outsmart the competition and how to be an effective leader.
Why it’s one of the best business books: The Art of War was written in the 5th century BC yet is still being taught in many business school programs today. The concepts from the book apply to highly competitive business settings to help brands crush the competition. The book offers intelligent insights such as “If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” In a business setting, replace enemy with competitor and it instantly becomes applicable.
11. The Lean Startup by Eric Ries
Business Book Description: The Lean Startup by Eric Ries encourages business to be more efficient with their spending while maximizing the creativity of employees. It covers topics such as experimentation, ways to measure progress and how to understand the needs of customers. The book’s focus is on teaching businesses to be more adaptable.
Why you should read business books like this: Eric Ries’ book offers great actionable insights for entrepreneurs. For example, in his book he writes, “The only way to win is to learn faster than anyone else.” However, he emphasizes action with “Reading is good, action is better.” The best way for an entrepreneur to learn isn’t by reading business books it’s by trying things out. Thus, making it a great read for entrepreneurs who hide behind books instead of diving into their business. The book has case studies throughout creating an easy read while teaching readers valuable lessons.
12. MONEY: Master the Game by Tony Robbins
Business Books Synopsis: In MONEY: Master the Game Tony Robbins shares financial secrets from 50 of the world’s best financial experts. In his book, he shares insights from billionaires Warren Buffett and Carl Icahn. Robbins simplifies the interviews into seven simple steps to help the average person achieve financial freedom.
Why business books like this are worth checking out: Tony Robbin’s book is best for entrepreneurs who are looking to invest their profits. However, learning the concepts in business books like this will help you make strategic financial decisions. In this book, you’ll learn how to invest in the stock market. The New York Times bestseller offers success insights such as “Success leaves clues. People who succeed at the highest level are not lucky; they’re doing something different than everyone else does.” Thus, reminding people to pay attention to what successful people do differently and learning from those who’ve succeeded before you.
13. The Miracle Morning by Hal Elrod
Business Book Summary: The Miracle Morning covers some of the best practices for waking up in the morning. It teaches readers how to wake up with more energy and motivation. He encourages readers to start each day with good habits. Business books such as this include actionable steps to improve your mornings.
This business book is worth reading because: Most people try to change all of their bad habits at once. With The Miracle Morning, Hal Elrod recommends changing a person’s morning habits as a simple but effective solution. He goes on to say, “How you wake up each day and your morning routine (or lack thereof) dramatically affects your levels of success in every single area of your life. Focused, productive, successful mornings generate focused, productive, successful days—which inevitably create a successful life—in the same way that unfocused, unproductive, and mediocre productive morning routines generate unfocused, unproductive, and mediocre days, and ultimately a mediocre quality of life. By simply changing the way you wake up in the morning, you can transform any area of your life, faster than you ever thought possible.” Starting your day with good habits can transform your entire day and your life.
14. Lean In by Sheryl Sandberg
Business Book Synopsis: Sheryl Sandberg’s Lean In delves into the lack of female leaders and how to succeed as a female in the business world. She offers women insight into how to grow professionally while sharing personal stories and real data. Sandberg shares her personal struggles to help prevent women from making the same mistakes.
Read business books like this because: Sheryl Sandberg’s Lean In is one of the few business books geared for women. Women are encouraged to break the glass ceiling and accept praise when deserved. She encourages women to “…be more empowered at work.” She teaches women to focus on being independent instead of relying on mentors. The best advice Sandberg gives in her book is “Taking initiative pays off. It is hard to visualize someone as a leader if she is always waiting to be told what to do.”
15. The Ultimate Guide to Starting Your First Ecommerce Business by Tomas Slimas
Business Book Summary: Tomas Slimas’ The Ultimate Guide to Starting Your First Ecommerce Business introduces readers to the fundamentals of starting an ecommerce business. You’ll learn how to come up with product ideas, how to launch your online store, how to find suppliers and even tips for creating your first ad.
You’ll want to read this business book because: Tomas Slimas’ is a dropshipping mastermind. He’s a successful ecommerce entrepreneur. He even co-founded Oberlo, which revolutionized the ecommerce industry. The advice he shares in this free business ebook is based on years of experience. People looking to start their first online business will find this business book easy-to-read. It’s great at giving the ecommerce basics to help put you on the right track.
16. The Complete Guide to Marketing Channels by Lily Cichanowicz
Business Book Description: Lily Cichanowicz’ The Complete Guide to Marketing Channels dives into the types of marketing channels entrepreneurs can use to promote their businesses. The free business ebook looks at marketing on Facebook Ads, Instagram, email marketing, Reddit, Google Adwords, and Twitter.
Why you’ll love this business book: If you’re just starting out in marketing and you need help figuring out how to create your first ad or want to find examples of social posts, this is the guide for you. It goes in-depth with specific marketing channels when it comes to running successful ad or marketing campaigns on them. If you’re more of a visual learner, this free ebook is includes visuals for easy learning.
17. Facebook Ads Tactics That’ll Skyrocket Sales by Paulius Melkūnas
Business Book Summary: Paulius Melkūnas’ Facebook Ads Tactics That’ll Skyrocket Sales introduces new business owners to proven Facebook Ads tactics. As Oberlo’s Facebook Ads Manager, Melkūnas shares the strategies he knows works based on his vast ad management experience. In his ebook, he covers how to set-up a Facebook Pixel, creating your first ad, ad monitoring and optimization.
Why this business book is great: This business book offers a quick and easy crash course into Facebook Ads. If you’re looking for something you can read in under an hour, this handy ebook covers the Facebook fundamentals. By the end of this, you’ll know which KPIs to watch out for, the right Facebook ad strategies, and more.
18. 10 Online Stores to Use as Inspiration for Your First Store by Nicole Martins Ferreira
Business Book Synopsis: In Nicole Martins Ferreira’s 10 Online Stores to Use as Inspiration for Your First Store, you’ll learn what ten top retailers do differently. How do top brands like Disney, Amazon, and Luxy Hair take their brands to the next level? How did these top brands grow their stores into massive empires? You’ll learn all this and more in this brief business book.
Why you should read this business book: In this free business ebook, Martins Ferreira breaks down how top retailers design their online stores differently. You’ll also learn some of the marketing hacks these retailers do to stand out from the competition. You’ll learn simple yet effective hacks to take your customer service, store design and brand to the next level.
19. Free Traffic: No Cost Ways to Promote Your Online Store by Dan Virgillito
What’s this Business Book All About: Rumor has it that starting a business requires financial investment. Dan Virgillito confirms that it’s just not true. In his latest ebook Free Traffic, he shares all the ways you can get free traffic to your website to promote your online store. Learn how to create extraordinary content and working with micro influencers. You’ll discover the best strategies for driving traffic back to your website at absolutely no cost.
Why it’s One of the Best Books of 2020: In an age where advertising plays the biggest role for businesses, it can be hard to discover how to build a business if you’re still working a 9 to 5 job and limited by how much money you have. But by reading Virgillito’s business book you’ll realize that anyone can start a business. Nope, it doesn’t matter where you start. Strapped for cash? You’ll find marketing methods that you can try with zero dollar budgets to land more sales.
20. Make Money From Home by Adeel Qayum
Business Books Synopsis: In Adeel Qayum’s business book Make Money From Home he breaks down how to make money from home by building an online business. You’ll discover a list of 12 business ideas you can start today from starting a blog or building a dropshipping business. You’ll also learn how to sell products from home or how to be a freelancer.
Why this is one of the must-read books: Many people want to escape the 9 to 5 by building a business on the side. Want to escape the commute or spend more time with your kids? This book is exactly what you’ll need to learn how to build a home based business.
Which business books have changed your life? Comment below!