Did you know that only 2 in 5 startups are profitable, and others will break or continue to lose money? What’s more, the tech market is saturated with ambitious and progressive people who believe in achieving success. But don’t worry, if you’re one of them, you can reach for the help of those who have already beaten the competition!
As we all know, one of the best ways to deepen your knowledge and grow is to read a book. And if you’re a tech lover dreaming of starting a business, you need to know the essential know-how before bringing your startup to life. Equip yourself with the knowledge on how to break through the market and learn the secrets of many successful entrepreneurs who can lead you through the first steps of starting your own business.
Read the best-selling, essential readings for tech startup entrepreneurs, and be ahead of the competition!
Data Privacy Law: A Practical Guide by G. E. Kennedy, L.S.P. Prabhu
If you’ve already come up with the idea of what you want to sell and dream about loads of money that you can get as a successful entrepreneur, that’s great. But take a step back and take a closer look at the law to avoid the black-case scenario in which you would breach the data privacy law, and your marvelous idea would come to naught.
Meeting the legal requirements and data protection is crucial in the tech industry, and plenty of big corporations like Apple, Samsung, or Facebook pay vast fines for violating data privacy. Data Privacy Law is, as the sheer title suggests, a practical manual of how to customize your medium-sized or small business to GPDR compliance and not to repeat big companies’ mistakes.
In the book, you will find concrete examples that provide you with the answers to rankling questions such as which data privacy law applies to your business. You’ll get to know what is GDPR gap analysis and is it worth outsourcing the legal responsibilities to the third-party. Even though they might sound mysterious, don’t neglect those aspects. The book is written in accessible language, and the authors are professionals in the field. It’s a must-read if you want to achieve success and ensure your customers about their safety.
The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses by Eric Ries
When you know what to do in terms of data protection, you can start deepening your knowledge on how to avoid the most common mistakes of startup founders. What’s best about reading books about other companies is that you can learn from the entrepreneurs’ mistakes. Eric Ries is a cofounder of IMVU that is a highly successful VR app. However, his way of making this venture successful was not always that colorful.
This a product management book that shows the secrets of lean startups. If you don’t want to waste your time creating an unsuccessful elaborative business plan, after reading this book, you can think if your idea has chances of continuity and alter it to face the business needs. The author teaches you that each startup’s needs are individual and gives you step-by-step guidance on how to take the first steps in the tech industry.
Startupland: How Three Guys Risked Everything to Turn an Idea Into a Global Business by Mikkel Svane, Carlye Adler
Again, here you can take an opportunity to learn more about the obstacles you can face on your way to success while being a startup founder. The author, Mikkel Svane, CEO at Zendesk that is now a tech giant and one of the most lucrative software companies in the world, gives you a behind-the-scenes of how to risk everything… and go broke.
The story of his life is not a fairytale, but it gives you valuable insight into scaling your business. The surprising statement awaits you every few pages. The author shows you which popular opinions about founding a startup are myths and what you definitely should not do in a tech venture. Read that captivating, well-written book that, aside from being your guidance, is a pleasurable feed to your wisdom due to the engaging language and humor.
Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel, Blake Masters
It’s a whiff of optimism in the startup world, proving that there is still a place for innovation in our highly technologically advanced world. The author along with his cofounders presents you the way you need to overcome to find the sparkle of creativity in yourself and invent something completely new.
This book is a guide on how to go from zero to one, from nothing to success. And the victory in the author’s mind can be building a monopoly. Read this captivating piece to get a new perspective to entrepreneurship.
Crossing the Chasm: Marketing and Selling High-Tech Products to Mainstream Customers by Geoffrey A. Moore
As a dessert, you are served the book that gives you an insight into marketing strategies in the tech industry. Your product itself would do nothing without being adequately displayed on the market and promoted accordingly to your target. You probably know that you should run a social media campaign, have a catchy name to your product, and be visible but how to gather that knowledge and make use of it?
In the book, the author shows you that successful marketing in the tech industry is beyond a leap of faith that you would meet your customers’ needs. What is a chasm, according to Moore? It’s a gap you need to cross between the early market and mainstream high-tech market. Hence, if it’s your first time in the tech industry and you want to know how to sell your product better and be on the top, reach for that bestselling book.
Conclusions
These are some of the best books to help you if you want to start your business. Spend your time deepening your knowledge of startups and the technological world to become a successful tech business founder.
You can find many new management strategies in them, and they can help you better understand what it looks like to be an entrepreneur in the technological world, create new things, and meet your consumers’ needs. Don’t wait too long, as those books can change your life and perspective. Who knows, maybe you’ll be the main character of a similar book in the future?
