![]() ![]() The middle class buy liabilities they think are assets.” It changed the way I think about innovation, entrepreneurship and investment more than any other book I’ve read.īonus: Would also add Profit First and Simple Talk, Straight Numbers, Big Profits. This book gave me a framework to think about what the Internet and related technologies are doing to markets, society, and business. This book is academic, but critically important reading for anyone interested in startups and funding cycles. The Age of Steel, Electricity and Heavy Engineering, beginning in 1875Įach lasted around a century (with some overlap from the previous paradigm) and had two major phases: installation and deployment. The Age of Steam and Railways, beginning in 1829 The Industrial Revolution, beginning in 1771 ![]() Perez suggests we’ve gone through three major techno-economic paradigms since the rise of capitalism: Technological Revolutions and Financial Capital presents a new model for innovation and investment cycles. Technological Revolutions and Financial Capital I know many entrepreneurs who operate 7-figure businesses and have cited this book as their most valuable resource for gaining the basic financial intelligence to run a business. ![]() Were you also a humanities major with no accounting background? Accounting is one of the few subjects I wish I had actually taken in college and while I’m sure there’s plenty of textbooks you could pick-up, this book made me go from staring at P&Ls like they were in Russian to being able to read a business prospectus. “Accounting is the art of using limited data to come as close as possible to an accurate description of how well a company is performing.” My Best Entrepreneur Book Recommendationsįinancial Intelligence for Entrepreneurs: What You Really Need to Know About the Numbers My Best Entrepreneur Book Recommendations. ![]()
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