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
Love your content Anna, As a future female Mechanical engineer I aspire to be like you!
@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 :)
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
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!
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
Жыл бұрын
Thanks so much! I'll definitely check it out :)
@theannareich
Жыл бұрын
Daang it's got good reviews! Really excited to read it! Thanks again :D
Power of compounding I suggest check it out it’s really helpful
great overview, they are all in my Kindle pipeline now
Great ! Review : Thank you !! Anna . saludos !
@theannareich
Жыл бұрын
Thanks for watching!
Great video, it provided me good insight. Would genuinely and personally benefit from part 2. And as always, great content
@theannareich
Жыл бұрын
Awesome, thank you! :)
Thank God I saw your channel it's really helping me
@theannareich
Жыл бұрын
Glad to hear!
The content is lit!
@theannareich
Жыл бұрын
Thanks a lot :)
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
Жыл бұрын
Will do! 😊
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
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 😊
5:40 Lol this is exactly what Andrew Tate said he was doing in his earliest businesses
@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
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.
wow 😀
@theannareich
Жыл бұрын
Great editing, wouldn't you agree 😉
@Anna Reich, are you from the US? did you go to school in the us??
@theannareich
Жыл бұрын
Hi! I'm from Germany but I did spend a year in the US during high school :)