Founding, financing and scaling new ventures, including venture capital, product-market fit and the founder's own experience of building something. Read by founders, early employees and investors in young companies.
Innovation as a learnable discipline, with seven sources of opportunity to search.
Recommended by: Patrick Collison, Matt Mullenweg and 1 other
How Walmart grew from one Arkansas store by cutting costs and prices.
Recommended by: David Cancel, Mohnish Pabrai, Iman Gadzhi and 3 others
Why well-run firms lose to cheaper, worse products that enter at the market's bottom.
“Awesome book. May move soon to my Top Ten List. If anything will keep CEOs awake at night, reading this book certainly will.” — Mohnish Pabrai
Source: Mohnish's Bookshelf — Books on Sales & Marketing, entry 66
Recommended by: Jim Collins, Mohnish Pabrai, Aaron Levie and 27 others
How a company can build new businesses through low-end and new-market disruption.
Recommended by: Jeff Bezos, Keith Rabois
Howard Hughes as aviator, film producer and Las Vegas hotel owner, and his decline.
Recommended by: Elon Musk
The Business Model Canvas: nine blocks for how a firm creates and captures value.
Recommended by: Nir Eyal
The story of how Twitter was founded and of the founders who built it.
Recommended by: Alexis Ohanian, Casey Neistat, Ron Conway and 1 other
Why startups should build something new and own a small market before growing.
Recommended by: Balaji S. Srinivasan, Eric Weinstein and 36 others
How a running-shoe importer became Nike, surviving one cash crisis after another.
“…books I've recommended, highlighted to death, or forced on friends.” — Andrew Wilkinson
Source: Andrew Wilkinson's Bookshelf, neverenough.com
Recommended by: Andrew Wilkinson, Bill Gates, Mohnish Pabrai and 25 others
How Theranos reached a $9 billion value with blood tests that never worked.
Recommended by: Alfred Lin, Bill Gates, Andrew Chen and 7 others
How Uber grew on subsidies and aggression until its founder was pushed out in 2017.
Recommended by: Alexis Ohanian, Andrew Wilkinson, Anna Cheng and 3 others
Venture capital from Arthur Rock to SoftBank, and why a few big bets pay for all.
Recommended by: Andrew Wilkinson, Anthony Pompliano and 4 others
A milkshake-machine salesman finds the McDonald brothers and builds the franchise.
Recommended by: Mohnish Pabrai
Apple's growth from a garage workshop to a company with over $1 billion in sales.
Recommended by: Keith Rabois, Patrick Collison
McDonald's to the mid-1980s, from the brothers' stand to Kroc's franchise system.
Recommended by: Mohnish Pabrai
Why tech products stall between early adopters and the mainstream, and how to cross.
Recommended by: Andrew Wilkinson, Mohnish Pabrai and 13 others
How Asa Candler built Coca-Cola and Robert Woodruff made it a global brand.
“Great Book to help understand Coca-Cola.” — Mohnish Pabrai
Source: Mohnish's Bookshelf — Books on Entrepreneurship, Management and Leadership, entry 202
Recommended by: Mohnish Pabrai
210 short pieces of business advice for a fast-changing early-1990s economy.
Recommended by: Mohnish Pabrai
How to move a tech product past early adopters into a fast-growing mass market.
Recommended by: Mohnish Pabrai
Small firms fail when technicians run them; build systems that run the business.
Recommended by: Alex Lieberman, Ali Abdaal, Andrew Wilkinson and 6 others
How Britain, Germany, Japan and the US each built their own form of capitalism.
Recommended by: Mohnish Pabrai
Cost-cutting can't produce growth; a company must stand out to win.
Recommended by: Mohnish Pabrai
How $27 lent to 42 villagers grew into Grameen Bank and microcredit.
Recommended by: Mohnish Pabrai, The Barefoot Investor
How two fired executives built Home Depot into a national chain.
Recommended by: Mohnish Pabrai, David Cancel, Frank Blake and 1 other
Jim Clark, founder of Silicon Graphics and Netscape, starts a third company in 1999.
Recommended by: Ryan Holiday, Andrew Chen, Austen Allred and 1 other
A manifesto to rebuild firms for an age of automated white-collar work and design.
Recommended by: David Cancel
The empirical work that established how venture returns and cycles behave.
Fourteen companies, such as Anchor Brewing and Zingerman's, that chose to stay small.
Recommended by: Mohnish Pabrai, Catriona Wallace, Noah Kagan and 1 other
Georges Doriot, who showed that investing in small, risky firms could pay.
Recommended by: Patrick Collison
How Salesforce was built, set out as 111 plays on marketing, sales and growth.
Recommended by: Aaron Levie, David Cancel, David Sacks and 3 others
Why most government efforts to build venture capital sectors fail.
Why Israel produces so many tech start-ups, from military service to immigration.
Recommended by: Balaji S. Srinivasan
Lessons on fearlessness drawn from the life of the rapper 50 Cent.
Recommended by: Nat Eliason
From LinkExchange to Zappos, and the case for building a company on its culture.
Recommended by: Mohnish Pabrai, Ev Williams, Ran Segall and 2 others
Steve Jobs's life and Apple's products, from forty interviews with him and many more.
Recommended by: Mohnish Pabrai, Patrick Collison and 17 others
Innovation as a game played by the state, capital markets and competition.
“He wrote this book, which I really recommend, it's called Doing Capitalism” — Marc Andreessen
Source: Dwarkesh Podcast — Marc Andreessen (transcript)
Recommended by: Marc Andreessen
Netflix from its 1997 founding to Qwikster in 2011, and its war with Blockbuster.
Recommended by: Balaji S. Srinivasan
Amazon's first two decades, from an online bookshop to selling nearly everything.
Recommended by: Andrew Wilkinson, Mohnish Pabrai and 7 others
The wildcatters, from George Mitchell to Harold Hamm, who started the shale boom.
Recommended by: Mohnish Pabrai
Musk's life from South Africa and PayPal to running SpaceX and Tesla at once.
Recommended by: Mohnish Pabrai, Anthony Pompliano and 10 others
How people champion new ideas, and how leaders can encourage originality.
Recommended by: Mohnish Pabrai, Tony Hsieh, Alfred Lin and 7 others
From student apartments in Ann Arbor to selling Equity Office to Blackstone in 2007.
Recommended by: Codie Sanchez
How to search for, buy and run a small business as its owner-manager.
Airbnb from three air mattresses in 2007 to a global lodging business.
Recommended by: Brian Chesky, Reid Hoffman, Tony Hsieh
How Uber and Airbnb built businesses in regulated markets by acting first.
Recommended by: Sean Ellis
When and how to put speed before efficiency to capture a market before rivals.
Recommended by: Anthony Pompliano, Bill Gates, Biz Stone and 7 others
Building Creative Artists Agency into Hollywood's top agency, then failing at Disney.
Recommended by: Ben Horowitz, Benedict Evans and 4 others
How to position software so it clearly wins for a chosen market.
Recommended by: Nat Eliason
How venture capital works, from fund economics to term sheets, for founders.
Recommended by: Benedict Evans, Eric Schmidt, Gaby Goldberg and 2 others
How Dollar Shave Club, Warby Parker and other online brands took on incumbents.
The rise of WeWork and Adam Neumann and its failed public offering.
Amazon's shareholder letters from 1997 to 2019, with speeches and interviews.
How to launch a network product that is worthless until enough people use it.
Recommended by: Reid Hoffman
WeWork's rise under Adam Neumann, the failed 2019 IPO and SoftBank's rescue.
PayPal from Confinity and X.com through the merger to the 2002 sale to eBay.
Recommended by: David Sacks, Elon Musk, Keith Rabois and 3 others
Two years shadowing Musk, across SpaceX, Tesla, Neuralink and the buying of Twitter.
Recommended by: Andrew Wilkinson, Terrance McArthur
Four companies, from Planet Labs to Rocket Lab, racing to build cheap satellites.
Masayoshi Son's rise from Kyushu to SoftBank, Yahoo Japan and the Vision Fund.
Recommended by: Andrew Wilkinson
Insider account of a New York developer's own deals.
Recommended by: Shane Parrish
Recommended by: Mohnish Pabrai, Naval Ravikant
Value pricing for solo and boutique consultancies.
Recommended by: Nat Eliason, Noah Kagan
Supply-side case for entrepreneurs as the actual source of growth
“on how economic systems that encourage aggressive entrepreneurship build the most for the benefit of the most” — Marc Andreessen
Source: @pmarca, companion thread to 'It's Time to Build'
Recommended by: Marc Andreessen
The only dedicated English biography; stops before the handover.
Recommended by: Mohnish Pabrai
The one dedicated book: Huizenga's roll-up and the sale to Viacom.
“The Wayne Huizenga Story. On my Top Ten List. Awesome. An inspiration.” — Mohnish Pabrai
Source: Mohnish's Bookshelf — Books on Entrepreneurship, Management and Leadership, entry 270
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Insider account: Schultz on building the company to 1997.
Recommended by: Mohnish Pabrai
Insider account of build-to-order, negative working capital and cutting the channel.
Recommended by: Mohnish Pabrai, Andrew Grove
Oral history interviews with the first generation of VCs.
Recommended by: Niki Scevak
Subtitled 'Big Ideas from the Computer Age'; collects early essays
Recommended by: Brian Armstrong, Ev Williams, Keith Rabois and 3 others
Insider account by an early PayPal marketing hire; partisan but first-hand.
Recommended by: Sahil Lavingia
Venture capital as finance: valuing startups, reading terms and expected returns.
Recommended by: Ryan Holiday, Alexis Ohanian, Andrew Chen and 6 others
Recommended by: Andrew Wilkinson, Jason Fried, Jeff Bezos and 6 others
Business-model innovation as a discipline, with a profit-formula framework.
How to build a deliberately small, niche software business that pays.
Recommended by: Mohnish Pabrai
Owner-operator economics: labour efficiency and the four keys.
Recommended by: Nat Eliason
How venture funds work: LP terms, fund mechanics and how returns reach investors.
Inside Y Combinator in the years before Altman ran it.
Recommended by: Garry Tan, Paul Graham
3G Capital's meritocracy-and-zero-based-budgeting playbook, from AmBev to Heinz.
Recommended by: Warren Buffett
Recommended by: Nat Eliason, Andrew Chen, Andy Budd
Recommended by: Nat Eliason, Alex Lieberman, Alexis Ohanian and 7 others
How Chinese private champions including Alibaba actually built scale.
Recommended by: Mohnish Pabrai, Ev Williams, Keith Rabois and 1 other
How an ordinary business can add subscriptions for steady recurring revenue.
How Kenya's tech startups and M-Pesa grew, with interviews with their founders.
How to turn an existing business into a franchise system.
The SaaS growth playbook: niche, funnel, hiring cadence.
Recommended by: David Cancel
The Ansari X Prize and the start of commercial human spaceflight.
Bain's account of what founder-led companies lose as they scale.
A worker's guide to the gig economy and how platforms price labour.
An angel investor's rules for picking, backing and helping early-stage startups.
What older consumers want and buy, against the stereotypes firms design for.
Reported from inside Uber just before the 2017 crisis broke.
Recommended by: Alfred Lin
Why buying a small business beats starting one, and how to find, fund and buy it.
Operating manual for scaling a company from fifty to thousands
Recommended by: Balaji S. Srinivasan, Matt Mullenweg and 10 others
The commercial-space policy fight that let SpaceX in.
SpaceX against Blue Origin and the legacy contractors.
Four women venture capitalists and the deals the industry forgot
Recommended by: Melinda Gates, Reid Hoffman
How to design a free tier that turns users into paying customers.
Insider account: Netflix co-founder, including the Blockbuster pitch.
Recommended by: Reed Hastings
How startup brands such as Casper and Allbirds built loyal customers.
On direct listings and the alternatives to the traditional IPO, SPACs included.
Data on 30,000 startups testing what predicts a billion-dollar outcome.
Bootstrapped SaaS economics: pricing, churn, plateau.
Media executive's memoir spanning Paramount, Fox and IAC
Recommended by: Bill Gates
The founder scene around OpenAI, reported from inside the funding rounds.
How to use prize competitions, crowdfunding and communities to go big.
Recommended by: Nat Eliason, James Altucher, Tom Bilyeu
Founder's account of building Firestone; business sense from the tyre trade
Recommended by: Andrew Wilkinson, Charlie Munger and 1 other
Tire-shop founder's memoir on profit sharing and dealer economics
“If you want to read one book, read the autobiography of Les Schwab... He ran tire shops in the Midwest and made a fortune” — Charlie Munger
Source: Notes from the 2004 Berkshire Hathaway Annual Meeting, by Whitney Tilson, p. 35
Recommended by: Charlie Munger
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
How leaders turn a founder-driven startup into a company that lasts.
Recommended by: Reed Hastings
Recommended by: The Barefoot Investor
How firms lead future industries by seeing tomorrow's chances and building skills.
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Tim Ferriss
How a basement kitchenware business grew into a billion-dollar company.
Recommended by: Mohnish Pabrai
Recommended by: Patrick Collison, Keith Rabois
Strategy as constant reshaping of advantage in fast, unpredictable markets.
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai, Iman Gadzhi and 1 other
Recommended by: Mohnish Pabrai
Glen Bell's rise from poverty to build Taco Bell and sell it for $130 million.
Recommended by: Mohnish Pabrai
A marketing adviser's ideas for growing a business or a career.
Recommended by: Nat Eliason, Andrew Wilkinson, Ramit Sethi and 1 other
A venture adviser on startups and the trap of the deferred life plan.
Recommended by: Nat Eliason, Patrick Collison, Ev Williams and 3 others
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Why long-lived companies underperform the market, and how to transform them.
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai, Warren Buffett
Recommended by: Ran Segall, Casey Neistat
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Disruption theory used to forecast how industries will change.
Recommended by: Ev Williams
How to get a mutual fund off the ground: what to do, what it costs, how it works.
Recommended by: Mohnish Pabrai
How companies can serve the world's poor profitably and reduce poverty in doing so.
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Ev Williams, Keith Rabois
Recommended by: Patrick Collison
Recommended by: Mohnish Pabrai
Customer development: how startups find customers before building the full product.
“Buy it, read it, keep it under your pillow and absorb it via osmosis.” — Marc Andreessen
Source: Book of the week: Best book for tech entrepreneurs this year, blog.pmarca.com
Recommended by: Marc Andreessen, Andrew Chen, Brad Feld and 2 others
How a college dropout with no family money made himself a fortune.
Recommended by: Andrew Wilkinson, Derek Sivers, Sam Parr and 1 other
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
How Chuck Feeney made a fortune from Duty Free Shoppers and gave it away in secret.
“I just finished it and it's incredibly inspiring. He died last year, giving away over $8 billion in his lifetime.” — Andrew Wilkinson
Source: Newsletter
Recommended by: Andrew Wilkinson, Mohnish Pabrai
Entrepreneur's memoir of building and selling successive companies
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai, Nat Eliason, Nick Huber
Why imitating others' innovations matters as much as innovating.
Recommended by: Mohnish Pabrai
Techstars lessons for accelerating a startup
Recommended by: Brad Feld
Recommended by: Mohnish Pabrai, Guy Kawasaki, Simon Sinek
Recommended by: Mohnish Pabrai
Recommended by: Johnnie Gomez
Lessons from building CD Baby from a side project to an $85 million business.
Recommended by: Nat Eliason, Ali Abdaal, Paul Jarvis and 2 others
Recommended by: Mohnish Pabrai
A step-by-step playbook for growing a small business, from Ramsey's own company.
Recommended by: David Cancel, Nick Huber
Recommended by: Mohnish Pabrai
Jeff Bezos and Amazon's early years, from D. E. Shaw to the founding in 1994.
Recommended by: Mohnish Pabrai
Recommended by: Brett Adcock, Elon Musk
Buyer's-side guide to picking and vetting a franchise.
How Method's eco-friendly cleaners took shelf space from P&G and Unilever.
Recommended by: Keith Rabois
Why jobs, 401(k)s and frugality are a slow lane, and business ownership a fast one.
Recommended by: Nat Eliason, Ali Abdaal
Venture financing term by term, for founders negotiating their first rounds.
Recommended by: Patrick Collison, Brad Feld, Gaby Goldberg and 4 others
Recommended by: Mohnish Pabrai
Subtitled 'Building an Entrepreneurial Ecosystem in Your City'
Recommended by: Nat Eliason, Matej Latin, Tony Hsieh
Lessons in 'unreasonable thinking' from building companies and giving away wealth.
Recommended by: Mohnish Pabrai, Bill Gates
How entrepreneurs spread four centuries of progress to the world's excluded majority.
Recommended by: Mohnish Pabrai
Data on 10,000 founders: co-founders, hiring, investors, control and succession.
Recommended by: Patrick Collison, Leo Polovets
A step-by-step guide to finding customers, a market and product-market fit.
Recommended by: Patrick Collison, Matej Latin and 1 other
Recommended by: Gary Vaynerchuk
second edition 2022 adds Matt Blumberg
How entrepreneurs and tech investors are building companies in the Middle East.
Recommended by: Andrew Chen, Brad Feld
Recommended by: Brad Feld
Recommended by: Eric Jorgenson, Garry Tan, Justin Kan
Recommended by: Mohnish Pabrai
Recommended by: Paul Jarvis
Cash discipline for small businesses; a system, not an accounting theory.
Recommended by: Nat Eliason, John D Saunders, Ran Segall
Recommended by: Noah Kagan, Tim Ferriss
Recommended by: Reid Hoffman
Nine principles of lateral thinking that innovators use to reach goals faster.
Recommended by: Nat Eliason, Noah Kagan
Rakuten's founder and his economist father debate how Japan can compete again.
Recommended by: Bill Gates, Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: John D Saunders
Recommended by: Mohnish Pabrai
How to anticipate change and create your own opportunities in business.
Recommended by: Tom Bilyeu
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Recommended by: Jason Fried
Recommended by: Nat Eliason, David Cancel, Noah Kagan
Recommended by: Cynthia Johnson
A brewer's business lessons, anecdotes and advice for building a career or a company.
Recommended by: Tony Hsieh
Recommended by: Alfred Lin, Brad Feld, George Hatzis and 1 other
Recommended by: Safi Bahcall
Recommended by: Ran Segall
Recommended by: Chelsea Krost
Where politics meets startups taking on incumbents in regulated industries.
Recommended by: Audrey Gelman, Michael Bloomberg
Case studies of Israeli technologies and how they were commercialised.
Why a business can stay small on purpose instead of chasing growth.
Recommended by: Cal Newport, David Hellmann, Eric Jorgenson and 3 others
Recommended by: Jason Calacanis, Terrance McArthur
Why organisations kill breakthrough projects, and how structure can protect them.
Recommended by: Arianna Huffington, Bill Gates and 8 others
An operating manual for founders scaling from a few people to a few hundred.
Recommended by: Nat Eliason, Alexis Ohanian, Ali Abdaal and 4 others
Recommended by: Donald Trump
Culture is how people behave when the leader is absent, and must be designed.
Recommended by: Matt Mullenweg, Andrew Chen, Anu Hariharan and 2 others
Expanded edition of the 1992 book
Two decades of short reflections on entrepreneurship, creativity and philosophy.
Recommended by: Johnnie Gomez
A process for using power in negotiations to close deals and reach a chosen outcome.
Recommended by: James Altucher
One of the few attempts at a survey of the commercial sector.
Naval Ravikant's ideas on building wealth and being happy, gathered from his talks.
Recommended by: Balaji S. Srinivasan, Nat Eliason and 9 others
Recommended by: Ali Abdaal
Book drawn from the Masters of Scale podcast
Recommended by: Sarah Pritula
An operating framework for growing firms: priorities, data and meeting rhythm.
Recommended by: Julie Stevanja
A children's story of the small digger that worked to free the stuck ship Ever Given.
Recommended by: Keith Wasserman, Terrance McArthur
“my friend Nick Huber's excellent new book on how to get rich by starting blue collar businesses” — Andrew Wilkinson
Source: Newsletter
Recommended by: Andrew Wilkinson
Paul Grahamwrote 1 book here
Sam Zellwrote 1 book here
Ray Krocwrote 1 book here
Paul Grahamrecommends 6 books here
Sam Altmanrecommends 3 books here
Andrew S. Groverecommends 2 books here
Charlie Mungerrecommends 2 books here