Build a Music School founder, Jonny Wilson shares 9 books that every music school owner should have on their bookshelf. Dave also shares his self-learning routine that only requires 20 minutes a day.
1. “The E-Myth Revisited” by Michael E. Gerber
In this book, Gerber addresses the common misconceptions about entrepreneurship, primarily the belief that having technical skills and passion for one’s work is enough for business success. He introduces the idea of the Entrepreneurial Myth (E-Myth) and argues that successful businesses require a balance of three roles: the Entrepreneur, Manager, and Technician. Gerber emphasizes the importance of developing systems and processes to work on the business, not just in it, offering practical guidance for aspiring and current small business owners.
2. “How the Mighty Fall” by Jim Collins
Jim Collins explores the stages of decline that once-great companies often experience. Drawing from extensive research, he identifies five stages of decline and provides insights into how companies can recognize and reverse their downward trajectory. This book serves as a cautionary tale for businesses and leaders, emphasizing the importance of vigilance and adaptability to maintain long-term success.
3. “The Truth About Employee Engagement” by Patrick Lencioni
Patrick Lencioni delves into the dynamics of employee engagement and its impact on organizational performance. He argues that a lack of engagement is often due to the absence of a healthy work culture and proposes a model for building strong, cohesive teams. Lencioni presents practical strategies to foster employee engagement, emphasizing the role of leadership in creating a positive workplace environment.
4. “Profit First” by Mike Michalowicz
Mike Michalowicz introduces a unique approach to managing business finances. He suggests that businesses should prioritize profit from the outset by allocating a percentage of revenue to profit before covering expenses. Michalowicz provides a step-by-step system to implement this profit-first mentality, helping entrepreneurs and business owners achieve financial stability and growth.
5. “The Best Leaders Don’t Shout” by Bruce Cotterill
Bruce’ Cotterill shares his insights on effective leadership, emphasizing that true leadership is not about loud commands and displays of power but about building trust, empathy, and collaboration within teams. He provides practical advice on how to develop leadership skills that create a positive and productive workplace culture.
6. “Developing the Leaders Around You” by John C. Maxwell
John C. Maxwell explores the idea that leadership is not limited to a select few but can be developed in others. He outlines principles and strategies for identifying and nurturing leadership potential in individuals within an organization. Maxwell’s book serves as a valuable resource for those looking to create a culture of leadership development.
7. “Great by Choice” by Jim Collins
In this book, Jim Collins and co-author Morten T. Hansen examine why certain companies thrive in uncertain and chaotic environments while others falter. They identify key principles and behaviors that set successful companies apart, including disciplined decision-making and a focus on empirical validation. Collins and Hansen’s research-based insights offer valuable lessons for leaders navigating challenging business landscapes.
8. “Winning” by Jack Welch
Jack Welch, the former CEO of General Electric, shares his management philosophy and leadership strategies in this book. He discusses the importance of setting clear goals, fostering a culture of candor, and differentiating employees. Welch provides a comprehensive guide to achieving success in business through effective leadership and strategic thinking.
9. “Hot Seat” by Jeff Immelt
Jeff Immelt, the former CEO of General Electric, reflects on his experiences leading the company through a period of significant change and challenges. He offers insights into leadership, innovation, and managing a global corporation. Immelt’s book provides a behind-the-scenes look at the complexities of leadership in a large, multinational organization.