Reading for Results
Thinking about self improvement and growing your business acumen? The following books were recommended by local Topeka business professionals.
Profit First
By Mike Michalowicz
Many entrepreneurs find themselves struggling to manage their cash flow effectively. Michalowicz introduces a revolutionary system that shifts the focus from revenue and expenses to profits. His approach ensures that businesses remain financially healthy and profitable from day one.
Key Takeaways
The Four Core Principles
Use Smaller Plates
Serve Sequentially
Remove Temptation
Enforce a Rhythm
Bank Accounts Setup
Income Account
Profit Account
Owner’s Pay Account
Tax Account
Operating Expenses Account
Instant Assessment Formula
Go-Giver
By Bob Berg and John David Mann
In a world where the pursuit of success often leads to competitiveness and self-interest, "The Go-Giver" offers a refreshing perspective on achieving success through generosity and value-giving. This book is not just another business guide; it's a philosophy that can transform your personal and professional life.
Five Laws of Stratospheric Success:
The Law of Value - Your true worth is determined by how much more you give in value than you take in payment.
The Law of Compensation - Your income is determined by how many people you serve and how well you serve them.
The Law of Influence - Your influence is determined by how abundantly you place other people’s interests first.
The Law of Authenticity - The most valuable gift you have to offer is yourself.
The Law of Receptivity - The key to effective giving is to stay open to receiving.
Margin
By Richard Swenson
Swenson, a medical doctor and futurist, introduces the concept of "margin" as the space that exists between our load and our limits. It's the buffer zone that allows us to breathe, reflect, and recharge. Without margin, we are perpetually stressed, overworked, and overwhelmed.
Key Takeaways:
Reevaluate Priorities
Simplify Your Life
Invest in Relationships
Health and Well-being
Spiritual and Emotional Health
Have a great book recommendation? Send to Tara at tara@tkmagazine.com.
