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The 6 Best Books of the Year for Entrepreneurs (They Make Great Gifts, Too)

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I read about 75 nonfiction books a year. As an author of nine of my own books, I must stay current on what the greatest minds in business are thinking. When a title really sparks my imagination, I contact the authors directly. But I only write about books that teach me something new.

Each of these books taught me something new. I’m sure they’ll inspire you, too. The hardcovers also make great gifts for the entrepreneur on your holiday list.

1. Edison by Edmund Morris

Thomas Edison didn’t just invent the light bulb. He averaged one patent for every 10 to 12 days of his adult life. Edison is the last book written by Morris, a Pulitzer Prize winning biographer who died in May. The book runs close to 800 pages (and gets very technical in places), but it’s a great read for inventors, scientists, and anyone who has a keen interest in the hard sciences and the history of inventions. 

The passages in which Morris describes what it was like to listen to recorded sound for the first time (Edison invented the phonograph) or to see a world illuminated by electric light are reminders of why entrepreneurs do what they do. Light bulbs were “globes of glass that gave off no fumes and sooted no ceilings.” When people heard the phonograph, a “miraculous machine” that recorded and played back a human voice, most couldn’t believe it. “Since the dawn of humanity … the human voice was a product of the body and therefore must die too … but here now were echoes made hard, resounding as often as anyone wanted to hear them again.”

If you choose to listen to the audio book of Edison, you know whom to thank for it.  

2. That Will Never Work by Marc Randolph

In That Will Never Work, Netflix’s co-founder tells the story of how Netflix went from concept to company–and how it nearly didn’t make it. It reads like a novel full of ups and downs, failures and successes.

One memorable story is the time Randolph and co-founder Reed Hastings (Netflix’s current CEO) pitched Blockbuster about a partnership. Netflix was making $5 million in revenue while Blockbuster was making $6 billion. Blockbuster executives laughed the founders out of the room–literally.

On the flight home, Hastings was exhausted, and the two men sat quietly. Randolph broke the silence with a line that became their rallying cry. Randolph said, “It looks like we’re going to have to kick their a**.” And so they did.

3. What You Do Is Who You Are by Ben Horowitz

Horowitz is co-founder of the legendary venture capital firm Andreessen Horowitz. The book is about how to create a business culture, one of the most important things any entrepreneur must do to sustain success. “Your culture is how your company makes decisions when you’re not there … it’s how they [your employees] behave when no one is looking.”

What You Do Is Who You Are is not just a culture book. It’s one of the most intriguing history books I’ve read in the business category. You’ll learn about slave rebellions, the samurai warriors who ruled Japan for 700 years, Genghis Khan, who built the world’s largest empire, and other stories you’re unlikely to find in a standard business book.

According to Horowitz, “Companies–just like gangs, armies, and nations–are large organizations that rise or fall because of the daily microbehaviors of the human beings that compose them.”

Read full article @ Inc here >>> https://www.inc.com/carmine-gallo/the-6-best-books-of-year-for-entrepreneurs-they-make-great-gifts-too.html

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Entrepreneurship

How Entrepreneurs Are Connecting the World With IoT

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Some have dubbed the Internet of Things, or IoT, the “Intelligence of Things,” and even the “Internet of Everything.” Whatever they call it, there is no doubt that IoT has been steadily emerging and shaping our future. Put simply, IoT eliminates the need for human interaction with other humans or computers to transfer data. 

IoT already has numerous uses — smart homes, connected cars and smart retail to name a few — and it is expected to have an even larger impact on our lives in the future. Gartner reports that in the year 2017, there were more than eight billion IoT-connected devices in the world, while in 2018, that figure surpassed nine billion. It is expected that in 2020, IoT-connected devices worldwide will close to 21 billion.

Read full story @ Entrepreneuer here >>> https://www.entrepreneur.com/article/341451

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Entrepreneurship

Shaquille O’Neal Discusses Investing, Franchising, and Donuts | WSJ

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This new event series wants to help entrepreneurs of color scale

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S. Lovey Parker’s Social Entrepreneurs’ Circle event series aims to create a sense of community among D.C.’s social impact founders of color and provide access to spaces, people and resources to support their ventures.

Since S. Lovey Parker completed her role leading the recent SEED SPOT accelerator, she’s been hard at work focusing on a new event series for entrepreneurs of color.

Parker worked as SEED SPOT’s Impact Accelerator program associate. She has 16 years of experience working with corporations and business owners to increase capacity for value-enhancing partnerships, and has previously coordinated corporate event programming for Bank of AmericaCitiGroupBlack Enterprise and “O, the Oprah Magazine.”

Since wrapping up with SEED SPOT, Parker said she has dedicated herself full-time to her own venture.

In 2015, she launched EVOLVED Development, a boutique business development and upscale event programming firm that created unique event programming for small businesses and nonprofits. Now, Parker told Technical.ly, the company’s focus has shifted to social innovation and impact in the startup ecosystem.

“EVOLVED has pivoted to elevate its model for scalable social impact,” Parker said. “We’re officially entered startup territory, creating an innovative hospitality-based, tech-enabled solution for startup entrepreneurs of color that streamlines access to the complete range of support required to create exponential impact.”

Under EVOLVED, Parker launched the Social Entrepreneurs’ Circle, an event series to bring entrepreneurs of color (EOCs) together. Parker said she launched Social Entrepreneurs’ Circle to create a sense of community among D.C.’s social impact founders of color and to validate that they need access to spaces, people and resources that support their ventures.

“We launched Social Entrepreneurs’ Circle because we felt that this distinct combination, that was explicitly created for and by D.C. EOCs, was untapped in the District,” Parker said.

Read full article @ https://technical.ly/dc/2019/11/01/new-event-series-help-dc-social-entrepreneurs-of-color-scale-circle/

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