5 MUST READ Business Books for Engineers

Want to become a more business-savvy engineer? In this video I share 5 business books to help you understand the five areas of business.
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⚙️ TIMESTAMPS
00:00 Intro
00:23 The 5 Areas of a Business
01:00 Management - "The E-Myth Revisited" by Michael E. Gerber
03:16 Entrepreneurship - "The Lean Startup" by Eric Ries
05:46 Marketing & Sales - "Oversubscribed" by Daniel Priestley
09:00 Finance & Admin - "The Millionaire Fastlane" by MJ DeMarco
13:01 Operations - "Traction" by Gino Wickman
15:49 Next Steps for Becoming a Business-savvy Engineer
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Пікірлер: 28

  • @minjeonglee3953
    @minjeonglee3953 Жыл бұрын

    Love your content Anna, As a future female Mechanical engineer I aspire to be like you!

  • @theannareich

    @theannareich

    Жыл бұрын

    Awww thank you so much! Wish you all the best for your engineering journey ✨ And please let me know if there's anything specific you'd like me to make a video about or question you'd like me to answer :)

  • @kelvinho4ssathekge795
    @kelvinho4ssathekge795 Жыл бұрын

    Wow anna thank you for the video, Todays mood has been anxious about what I want. Persuing my mechanical engineering career and eventually open a business in a few years or persue my hustle which I know will make me money now. But I’m only one me. I can’t do both😕. I’m battling with it. I hate being undecided.

  • @theannareich

    @theannareich

    Жыл бұрын

    I would opt for both ;) and think about how you maybe can make that happen (without overworking yourself of course). The book "The Minimalist Entrepreneur" has really inspired me in this regard. It's written by the founder of Gumroad and talks about a strategy for starting something on the side. One point that really stood out to me is how limitations in time & money can actually help you focus on a few key tasks that really help your business and grow it organically and therefore also over time figure out a business idea and business model that really works as opposed to throwing a lot of time and money at it - or maybe even procrastinating forever because you have "too much time". For me in can be a huge motivator that I only have an hour before work or a couple of hours after work to get something done. Another great book with a similar philosophy and great actionable steps to take when starting a business is "The $100 Startup". If you want I'm also happy to chat about it, hopefully I can help you figure something out - and maybe even get a new video idea out of it ;) Just send me an email theannareich@gmail.com and we can schedule something!

  • @lucacavazzini3141
    @lucacavazzini3141 Жыл бұрын

    Hi Anna, as a fellow (chemical) engineer interested in business I would also recommend Rework by David Heinemeier Hansson and Jason Fried. Btw the quality of your videos is really increasing so keep it up!

  • @theannareich

    @theannareich

    Жыл бұрын

    Thanks so much! I'll definitely check it out :)

  • @theannareich

    @theannareich

    Жыл бұрын

    Daang it's got good reviews! Really excited to read it! Thanks again :D

  • @Majedalpha
    @Majedalpha Жыл бұрын

    Power of compounding I suggest check it out it’s really helpful

  • @MaurizioParenzan
    @MaurizioParenzan Жыл бұрын

    great overview, they are all in my Kindle pipeline now

  • @grlugo6647
    @grlugo6647 Жыл бұрын

    Great ! Review : Thank you !! Anna . saludos !

  • @theannareich

    @theannareich

    Жыл бұрын

    Thanks for watching!

  • @Charles1002
    @Charles1002 Жыл бұрын

    Great video, it provided me good insight. Would genuinely and personally benefit from part 2. And as always, great content

  • @theannareich

    @theannareich

    Жыл бұрын

    Awesome, thank you! :)

  • @biodunwisdom577
    @biodunwisdom577 Жыл бұрын

    Thank God I saw your channel it's really helping me

  • @theannareich

    @theannareich

    Жыл бұрын

    Glad to hear!

  • @rupeshchoudhari5426
    @rupeshchoudhari5426 Жыл бұрын

    The content is lit!

  • @theannareich

    @theannareich

    Жыл бұрын

    Thanks a lot :)

  • @sinaldehyde
    @sinaldehyde Жыл бұрын

    Thanks Anna for culling out this list. Please keep making more on this topic as you read more books. This was helpful to me as I wish to stack up some skills with my engineering background. Hi5 to fellow female engineer! 😊

  • @theannareich

    @theannareich

    Жыл бұрын

    Will do! 😊

  • @mohibquadri4053
    @mohibquadri4053 Жыл бұрын

    Superb 💙 Only you can help me in a perfect way ! Anna - could you tell how to beat & outsmart the competition in the field of freelancing hvac engineer or in general online entrepreneur in an effective way to establish ourselves, become trustworthy completely in the market..I m witnessing a lot of competition & clients normally going for projects with people whom they have previously worked with so how to break that chain & prove ourself ? there any good books on this subject to get some exact details..How to convince/get potential clients by using linked in to trust us with a portfolio as beginner & work with us for projects where many experienced people are available in abundance to get those deals ? How to set us apart from that crowd or make the competition irrelevant..

  • @theannareich

    @theannareich

    Жыл бұрын

    Hi Mohib! I recently read the book "The Minimalist Entrepreneur" which has a lot of actionable advice for starting a business and it sounds like it could be exactly the kind of advice you're looking for! Personally, I think content creation of any kind is a really good way to share your knowledge and find potential clients. Otherwise I'd be happy to do a (free) brainstorming session together to figure out some steps you could take. Just send me an email with some more details and we can schedule a call: theannareich@gmail.com 😊

  • @maalikserebryakov
    @maalikserebryakov Жыл бұрын

    5:40 Lol this is exactly what Andrew Tate said he was doing in his earliest businesses

  • @theannareich

    @theannareich

    Жыл бұрын

    Lol I don't recommend using him as a role model Maybe we can find a "lighter", more ethical version of this market testing strategy 😅

  • @maalikserebryakov

    @maalikserebryakov

    Жыл бұрын

    @@theannareich The pimping, trickery and frauding aside I think he’s a great guy. He didn’t exactly use it as exclusively market testing strategy. He said he would advertise products before actually stocking up on them. If he got enough “sales” , then he would order the stock and deliver them along with a 10% discount on their next purchase as an apology for the lateness. If he didn’t get many sales, he would refund the customers along with an apology, so he wouldn’t waste money on a failed business. This was his advice for new entrepreneurs who don’t have much money. 😎 I don’t know how optimal this approach is. Andrew said he failed 80+ times before a business finally made him decent money.

  • @Tomasxxzz
    @Tomasxxzz Жыл бұрын

    wow 😀

  • @theannareich

    @theannareich

    Жыл бұрын

    Great editing, wouldn't you agree 😉

  • @snowglider400
    @snowglider400 Жыл бұрын

    @Anna Reich, are you from the US? did you go to school in the us??

  • @theannareich

    @theannareich

    Жыл бұрын

    Hi! I'm from Germany but I did spend a year in the US during high school :)