Whether you're currently in the midst of developing a business idea or are an aspiring entrepreneur, obtaining funds is essential to your venture. But what does it take to be a successful entrepreneur and gain attention from venture capitalists? Below are five favorite VC books to help you with your journey as you work toward building a successful company.
Book #1: The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz
Ben Horowitz is one of Silicon Valley’s most respected entrepreneurs. In this book, Horowitz draws from his own personal experience in the tech space and offers advice on how to build and run a successful startup. From firing his own friends to poaching competitors, Horowitz has done it all. Through these pages, he’s here to share his story and, hopefully, help you succeed. As a fun twist, Horowitz uses lyrics from his favorite songs to explain key business lessons. If you’re into rap and starting a new venture, this book is perfect for you.
Book #2: Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel
“Zero to One” is a revolutionary novel that highlights the power of creating something new. Peter Thiel emphasizes that a leader must learn to think on their own because true success comes not from building upon what someone already did, but rather from creating something entirely new. Thiel says, “doing what someone else already knows how to do takes the world from 1 to n, adding more of something familiar. But when you do something new, you go from 0 to 1.”
Book #3: The Alchemist by Paul Coelho
It’s true this book is fiction, but it’s one of the top reads by VCs. “The Alchemist” tells the story of Santiago, who travels the world in search of a treasure he’s seen in his dreams. This is a book of self-discovery, teaching its readers to never lose hope. As an entrepreneur hoping to start a new venture, it provides an important reminder to continue to follow your dreams, regardless of what happens.
Book #4: Mastering The VC Game by Jeffrey Bussgang
Geared toward entrepreneurs, this book helps identify how you can find a venture capitalist that is right for you. Offering important insights, “Mastering the VC Game” discusses the importance of working with someone whose goals and values are carefully aligned with your own. Having the opportunity to be both an entrepreneur and a venture capitalist, Jeffrey Bussgang offers unique insights and shares his experience. Read this book to not only learn the dos and don'ts of the VC game, but also master it.
Book #5: Venture Capital Exit Strategies by Alex Wilmerding
This book is written by leading VCs explaining what checkpoints and barometers they use to analyze investment opportunities. It offers readers an insightful look inside the minds of venture capitalists. Use this opportunity to discover what they want from you and how you can make that happen.
Turning your ideas into action takes time and hard work. But without the proper funding, your dreams may not reach reality. Use these five books to gain important knowledge and inspiration as you work toward achieving success.
This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.