I’ve always been a very slow reader. I rarely buy or read physical books; so thank goodness I live in the 21st century because audiobooks have been a life saver for me. Audiobooks are the top choice for me when it comes to self-improvement and self-education. They are great because you can listen to them while you’re doing other things, like driving, washing the dishes or even when you’re taking a shower. They are also a major time saver because you can increase the speed up to 1.5+ times and get through the book faster. If you don’t already have an audible subscription, I highly suggest you sign up for one. Right now, the gracious folks over at Audible are offering all The Airbnb Course readers a free trial for 30 days PLUS two free audiobooks. Click here to get your Audible 30-day trial and 2 free audiobooks.
I absolutely love audiobooks, overtime I’ve consumed close to 200 audiobooks; but there are only a handful that I truly recommend and that have made a major impact in my life. As I’ve gone through my Airbnb entrepreneurship journey, I can point to a handful of books that have helped me with my Airbnb business and have inspired me for various reasons. Here are the top 10 books every Airbnb host should read (or listen to):
I read this book when I was in college. This was the first book I read that introduced me to the concept of “financial freedom” and real estate investing. I learned that I could put my “money to work” and benefit from it over and over.
Kiyosaki’s book helped me realize that you don’t need high income to be rich. His book proposes many mindset shifts intended to propel you towards your quest for financial freedom. This book definitely challenged me and changed the way I think about money and my time. The concepts I learned in this book have been the most influential in my Airbnb business; this book is also the top book cited by entrepreneurs as being a game changer that helped them take the plunge to start their own business.
This is another great book from Robert Kiyosaki. The cashflow quadrant builds upon the ideas in Rich Dad Poor Dad. In the book, Kiyosaki talks about 4 different categories that people fall under depending on how they think and talk about money. This book will help you:
- Move beyond job security and begin to find your own world of financial freedom
- Make significant changes in your life
- Take control of your financial future
This book helped me gain a deeper understanding of how to think about money. By deciding which quadrant I wanted to be in, I was able to narrow down the type of people I surround myself with. Changing who I spend my time with has had a huge impact on my quality of life.
3. The E-Myth Revisited – Why Most Small Businesses Don’t Work and What to Do About It by Michael E. Gerber
This book helped me realize that I personally don’t need to do everything in my business.
The E-Myth dispels the myths surrounding starting your own business and shows how commonplace assumptions can get in the way of running a business. Gerber draws the often overlooked distinction between working on your business and working in your business. After listening or reading this book you will truly be able to grow your business in a predictable and productive way.
The concept of working on your business rather than working in your business has been instrumental in the growth of my Airbnb properties. There is no way that I could do everything myself. In the Airbnb business it is necessary to have a team in place that will keep your business running, especially when you’re not around. It’s ok to outsource and ask for help. In fact, not only is it ok, it’s vital!
The Compound Effect is based on the principle that decisions shape your destiny. Little, everyday decisions will either take you to the life you desire or to disaster by default. The book discusses an easy-to-use, step-by-step operating system that allows you to multiply your success, chart your progress, and achieve any desire. Anything from becoming CEO to losing 20 pounds.
This book helped me realize that success is not one single, big event; but a series of small calculated and consistent decisions and actions.
This book is definitely a game changer. I make it a point to re-read this book at least once a year —it’s that great!. This book was published in 1936 and over 30 million copies have been sold world-wide, making it one of the best-selling books of all time.
This book helped me realize that not everybody wants the same things I want. Go figure! I learned how to be empathetic to what others are feeling and thinking and it taught me to become a better person overall. Here’s some of what you’ll learn in this book:
- Six ways to make people like you
- Twelve ways to win people to your way of thinking
- Nine ways to change people without arousing resentment
My main takeaway from this book was that less is more. If you want to be great, you’ve got to cut out distractions, be able to say no to what’s not serving you, and focus, focus, focus on the one thing that will make the biggest impact in your life—right now!
With this book I learned to cut through the clutter, dial down the stress and achieve better results in less time. Keller helps you figure out how to master what matters to you, build momentum toward your goal and overcome overwhelming feeling. I’ve definitely learned how to stay on track and remind myself of “the one” thing I want to accomplish.
This is a great book because it will paint a realistic picture of what it takes to get what you want so you don’t get discouraged. This book is going to eloquently explain why you’ll need to put in more work than you thought in order to attain your goals. It will help you remove luck and chance from your business equation, and lock in massive success. With this book I learned that it doesn’t matter what you’re doing, whether it’s in your personal life or in your business, you should always aim ten times higher in everything that you do.
This book goes into the background of how the sharing economy came to be what it is. It was very helpful to me to understand what it took for these companies to get off the ground and get into the minds of Travis Kalanick of Uber and Brian Chesky of Airbnb. As an Airbnb host, it is imperative that you understand the history and learn from the entrepreneurs that have disrupted the entire gig-economy as well as the hospitality industry.
This is probably the best book ever written about how to earn money. Money is a mindset. Hill will teach you that you can achieve whatever you set your mind to. Ask for $100k a year and you’ll get it, ask for $50k a year and you’ll get it. Over a span of 20 years Hill interviewed 504 successful business men, including 3 U.S. presidents to figure out what made them so successful.The original book is a classic and was written in 1937; it is considered the number-one inspirational and motivational book for a lot of entrepreneurs, including me. The mind is a powerful thing, if you use it positively you will get what you ask out of life. MUST READ!!
This is a great book for learning how to do more with less. It’s full of great ways to travel for less, strategies for long term travel, and also building a business that doesn’t require you to personally to be present. The point of the book is that you can set up your life so that you only have to work 4 hours a week and forget about old concepts that require you to be physically present at your current job. Ferriss discusses ways you can make more money, work less hours, and travel more. The book even includes templates you can use to eliminate email and negotiate with bosses and clients.
Before I was running my own Airbnb business (back when I had an employer), I used the principles in this book to convince my boss to let me work remotely 3 days a week. Thanks to this book I have been able to spend less time on the road commuting and spend more time at home with my infant daughter.
I hope this list of 10 Books every Airbnb host should read helps you get started on the right foot with your Airbnb business. There is a lot of valuable information that can truly transform your life and kick-off your Airbnb hosting endeavors. Remember to sign-up for your free 30-day trial PLUS get two free audiobooks from Audible. Click here to get started.
P.S. Did you already read one of these books? Let me know which one you read and how it has impacted your Airbnb business. I look forward to reading your comments below. If you liked this post I think you will also like Why Financial Freedom Must Be Your #1 Focus! (Part 1)