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Top 15 Best Business Books That You Should Read

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The fine form of time analysing is a book that is both informative and pleasing — a book that makes you sense smarter without boring you to tears. I will tell you about The 15 best business books to read.

They are not constantly smooth to locate, but Lucky you — we’ve got determined 15 of them. Beneath, you’ll see our favourites from psychologists, records scientists, CEOs, and different business professionals.

As entrepreneurs, an knowledge of essentially any and everything is valuable. To lower the risk of making crucial errors on your path to success, it is always useful to read exemplary case studies. With this list of best business books for entrepreneurs, you’ll be sure to find something that will peak your interest!

Before you are a business leader, you first have to read these best business books which we selected for you.

Do not be surprised in case you eat multiple in a single vacation week, and go back to the office brimming with new ideas.

Here is a list of the 15 best business books that you should read. These are not in any particular order. My favourite is a tie between Good to Great, Built to Last, and The Effective Executive. Select the title you would like to read.

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1. ‘Hit Makers’ by Derek Thompson

The 15 best business books to read

Derek Thompson, the senior editor at the Atlantic, argues that the concept of “going viral” has induced us to have overly simple perceptions of what makes successful a hit.

as a substitute, Thompson takes you through painstaking studies to expose how file labels manufacture pop sensations, how Facebook’s newsfeed shapes country wide discourse, and how Donald Trump took an not likely course to the presidency.

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2. ‘One Mission’ by Chris Fussell and C.W. Goodyear

The 15 best business books to read

 

As Gen. Stanley McChrystal’s aide-de-camp in the United States of America’ joint unique operations project pressure, former navy seal Chris Fussell experienced what it took to preserve disparate special operations devices, each with its personal dreams and subculture, running toward not unusual dreams.

“One assignment” is Fussell’s sequel to the 2015 e-book “crew of groups,” which he wrote with McChrystal. While the first one typically targeted on larger topics, “one undertaking” is a group of practical solutions to inter-group conflicts that could arise in any corporation.

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3. ‘Popular’ by Mitch Prinstein

The 15 best business books to read

In case you think that reputation turned into most effective something that mattered in high college, you are wrong, says Dr Mitch prinstein a psychologist at the University of North Carolina at chapel hill.

“Popular” is an adaption of the class on the psychology of reputation he is taught at unc and Princeton, and in it, prinstine explains that there are sorts of reputation: likability and standing.

By means of the quit, you’ll recognise how your happiness and success have been formed for the reason that early life by means of your perception of and ranking in both styles of recognition, and why it is now not too late to change.

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4. ‘Wild Ride’ by Adam Lashinsky

The 15 best business books to read

 

The turmoil at uber that led to co-founder Travis Kalanick’s pressured resignation is the tech tale of the summer time, and “wild journey” is the definitive tale of the rise before the fall.

 

 

fortune senior editor at massive Adam Lashinsky drew upon more than one extensive interviews with Kalanick and others to discover how uber became an international journey-sharing empire.

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5. ‘Pause’ by Rachael O’Meara

The 15 best business books to read

 

O’Meara remembers the day she met along with her boss’ boss at Google to speak about her negative performance. in no unsure terms, he said that her skill set wasn’t a healthy for her current position and she or he’d need to discover an exclusive function. yes, it was scary — however, it became additionally the be careful call she needed.

so O’Meara took three months off via google’s sabbatical program to determine out what her strengths had been, do not forget what she loved, and most importantly, recharge. “pause” is O’Meara’s recounting of that sabbatical, juxtaposed with recommendation on how readers can do the identical factor — even if their organisation isn’t always as generous with time off as Google is.

these days, o’meara remains (spoiler in advance!) a googler as well as a transformational leadership trainer. Inside the e-book, she consists of a few psychological sports to assist readers who’re struggling with their careers reframe their poor thoughts and high themselves for achievement.

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6. ‘Captivate’ by Vanessa Van Edwards

The 15 best business books to read

Van Edwards calls herself a “getting a better awkward character.” in “captivate,” she shares the secrets and techniques which have helped her end up greater charismatic, likeable, and secure in social conditions.

Those secrets and techniques are based on the studies she’s conducted at her human behaviour research lab, known as the science of human beings. (Van Edwards also runs an internet site with the aid of the same name.)

Inside the e-book, she stocks tricks to spicing up small talk, creating a solid first impression, being more popular, and tapping into people’s personalities based totally on their language. It is the form of advice you can use the immediately you finish studying the e-book.

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7. ‘The New Rules of Work’ by Alexandra Cavoulacos and Kathryn Minshew

The 15 best business books to read

Cavoulacos and Minshew are the co-founders, and COO and CEO. Respectively, of popular career recommendation and process listings web page the foundation. In “the brand new rules of labour,” they proportion the maximum crucial instructions they’ve found out about finding and building your dream career.

The satisfactory part approximately this book is how actionable their recommendation. As an example, they do not simply tell you to electronic mail your dream employer; they come up with a template for sending the ones cold messages.

And while the authors get that taking manage of your profession may be frightening and difficult, in addition, they aren’t afraid to present real communicate. as in, don’t look ahead to your boss to give an explanation for the course to advertising. You’re responsible for identifying the competencies you’ll want to increase.

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8. ‘Psyched Up’ by Daniel McGinn

The 15 best business books to read

McGinn, an editor at Harvard commercial enterprise assessment, has committed an entire e-book to the technological know-how of mental training for hard moments.

The book consists of the author’s interviews with successful humans in a number fields — from athletes to comedians, to military leaders — in addition to relevant mental research.

Now and again, the science is less complicated than you may suppose. As an instance, most “winning formulas” for buying your team psyched up earlier than an essential overall performance boil all the way down to course giving, expressions of empathy, and which means making.  According to McGinn’s research, having a personal pre-performance ritual actually can provide you with a lift.

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9. ‘The Captain Class’ by Sam Walker

The 15 best business books to read

 

A few years ago, Wall road journal deputy editor and sports activities segment founder Sam Walker developed a system to decide the sixteen greatest professional sports dynasties around the arena from the ultimate century.

When he tested his listing to locate shared developments that might explain their fulfilment. He determined that everyone had a rather influential captain with a fixed of traits like first-rate emotional control and extreme tenacity.

Walker’s research is, broadly speak me, a look at what it takes to be an elite leader in any subject, and the records will, in particular, resonate with even the most informal sports fan.

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10. ‘Unshakeable’ by Tony Robbins

The 15 best business books to read

 

Tony Robbins, the performance coach best known for his high-energy speeches, has made a crusade of spreading personal finance education the past couple of years.

“Unshakeable,” is a much slimmer version of his 2014 book “Money: Master the Game,”. It is based on 50 interviews with some of the world’s greatest investors, like Bridgewater’s Ray Dalio and investor Carl Icahn, and features extensive insights from Peter Mallouk. Mallouk was rated the No. 1 wealth adviser in the US by Barron’s three times and brought Robbins into his firm Creative Planning in 2016.

“Unshakeable” is a quick read for those new to investing or anyone looking to take their personal finance knowledge to the next level.

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11. ‘Insight’ by Tasha Eurich

The 15 best business books to read

As an organisational psychologist, Eurich facilitates people overcome obstacles to professional achievement. And a big one is being oblivious to their flaws and mistakes.

In “Perception,” she dives deep into the subject of self-recognition, and why it’s crucial to fulfilment at work. Specifically, in case, you’re a leader. Every bankruptcy juxtaposes an anecdote about a struggling customer. She’s coached with applicable scientific studies and ends with a few practical physical games readers can use in their everyday lives.

Those sporting events — like inviting someone to a meal and asking them to inform you the whole lot it is incorrect with you — take braveness. However, Eurich’s revel in indicates that, in case you do take her recommendation, you’ll be higher located to enhance your profession.

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12. ‘Option B’ by Sheryl Sandberg and Adam Grant

 

The 15 best business books to read

“Option B” is a raw, powerful book focused on FB COO Sheryl Sandberg dealing with the loss of her husband Dave Goldberg, who died in 2015.

 

 

With the assist of Wharton psychologist Adam provides, Sandberg makes use of her own experience to discover resiliency in the wake of a tragedy as well as how to great show compassion for others who’re struggling.

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13. ‘Barking Up the Wrong Tree’ by Eric Barker

The 15 best business books to read

For years now, Barker has been strolling an incredible popular weblog through the same name as the e-book, in which he shares insights from social psychology that help readers address ordinary challenges.

In the book, Barker makes use of compelling anecdotes and scientific studies to debunk commonplace myths across the science of achievement. As in, your high-college valedictorian may not have a higher shot at wealth and reputation then you do! what is extra, he offers readers tools for identifying what success sincerely method to them.

Barker writes in a conversational-bordering-on-jokey tone, so it’s certainly easy to observe. However, he also takes the technology of achievement seriously. So you won’t go more than a few pages without having learned something useful.

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14. ‘Everybody Lies’ by Seth Stephens-Davidowitz

The 15 best business books to read

Stephens-Davidowitz is a Harvard-trained economist and previous google data scientist. In his book, he explores the myriad makes use of big records and how the very definition of “facts” is constantly increasing.

You ought not to be numbers need to have your thoughts blown by means of some of the findings inside the e-book. Those findings include: it would not virtually be counted wherein you go to college. You can expect the unemployment rate with the range of internet searches for pornography. And Netflix set of rules possibly is aware of you better than yourself.

It is a smooth examine that also leaves you complete with charming tidbits to the percentage at your next networking occasion. And could exchange the way you view the sector round you.

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15. ‘Black Edge’ by Sheelah Kolhatkar

 

The 15 best business books to read

In 2014, the 8th worker of legendary investor steve cohen’s hedge fund sac capital advisors turned into convicted of insider buying and selling. Cohen himself became no longer discovered responsible however was barred from managing outdoor capital until 2018.

“Black Side” is the story of the judicial branch’s research into sac capital. And new yorker workforce creator Sheelah KolhatKar has made it as gripping as a thriller.

If you’re partial to “billions,” it’s worth checking out this authoritative take on the authentic tale this is often simply as dramatic as fiction.

There are hundreds of great business books out there on self-help, motivation, marketing, and several other skills that can help you better your career and business.

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Business

Build a Profitable One-Person Business That Runs Itself — with These 7 AI Tools

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Opinions expressed by Entrepreneur contributors are their own.

Most entrepreneurs are still using AI like a digital intern — rewriting emails, polishing posts and hoping for a little lift. But what if you flipped the script?

What if AI didn’t just help you run your business — what if it became the business?

Imagine a solo operation where content is created, leads are generated, and sales are made — all while you sleep. No team. No burnout. Just smart systems working around the clock.

In this video, you’ll discover seven powerful tools from the AI “Black Book” — designed specifically for founders who want to scale without adding headcount. These aren’t quick hacks. They’re plug-and-play systems built for autonomy, leverage and profit.

Inside, you’ll learn how to:

  • Find the conversion killers on your site — and fix them instantly, no coding required.
  • Uncover market gaps and messaging angles that would take a research team weeks to find.
  • Deploy your own AI workforce to handle onboarding, support and admin — so you can focus on growth.
  • Turn ideas into high-converting pitch decks in minutes — perfect for clients, webinars, and lead gen.
  • Create data-backed content that grabs attention and drives action — without the guesswork.
  • Diagnose and optimize your funnels with instant performance insights and actionable feedback.
  • Access a toolbox of AI agents that replace entire roles — from copywriters to analysts to VAs.

No fluff. No jargon. Just a clear roadmap to building a business that runs 24/7 — without you on the hamster wheel.

If you’re ready to stop doing it all yourself and start building something that works harder than you do, this is the blueprint.

Download the free “AI Success Kit” (limited time only). And you’ll also get a free chapter from my brand new book, “The Wolf is at The Door – How to Survive and Thrive in an AI-Driven World.”

Most entrepreneurs are still using AI like a digital intern — rewriting emails, polishing posts and hoping for a little lift. But what if you flipped the script?

What if AI didn’t just help you run your business — what if it became the business?

Imagine a solo operation where content is created, leads are generated, and sales are made — all while you sleep. No team. No burnout. Just smart systems working around the clock.

The rest of this article is locked.

Join Entrepreneur+ today for access.

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A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.

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Why Your New Company Needs a Mission Statement Before Its First Transaction

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Opinions expressed by Entrepreneur contributors are their own.

A lot goes into building a company before it ever makes a sale — from brainstorming the idea to developing a business plan and crafting a go-to-market strategy. Whether you’re launching a physical storefront or an online business, early-stage planning involves countless moving parts. But there’s one critical step that often gets overlooked: writing a mission statement.

A mission statement defines the purpose of your business in one or two clear, compelling sentences. It acts as a north star for your team, your customers and your stakeholders — guiding decisions, shaping culture and communicating what your company stands for. It should be completed before launch, because it lays the foundation for everything that follows.

In my experience managing 22 companies across 89 countries, I’ve learned this firsthand: the businesses with the clearest missions move faster, scale smarter and stay grounded in their values.

Related: 11 Effective Marketing Strategies to Help Streamline Your Startup

Why a mission statement matters

At its core, a mission statement explains why your company exists. It clarifies your purpose, expresses your values and points to your goals. It’s not just a description — it’s a declaration. A good mission statement is:

  • Clear and concise
  • Actionable and achievable
  • Aligned with your company’s five-year plan

It doesn’t just inspire; it directs. When my team faces a major decision, I often ask: What does our mission statement say? That one lens can resolve uncertainty, align priorities and keep us on course.

For example, one of my companies has a simple mission: To empower individuals by providing clean, effective and science-backed wellness solutions. That clarity filters everything — from product development to marketing to customer service. And it keeps us focused on our longterm goals, not just short-term wins.

How to write a mission statement

Writing a mission statement isn’t about sounding impressive. It’s about being intentional. Here’s a simple formula that works:

“Our mission is to [main goal for the next five years], in order to [the impact you want to make].”

This structure keeps your mission grounded and forward-looking. Save the big, audacious future goals for your vision statement — that’s where longterm aspiration lives. Here are some great examples of clear, focused mission statements:

  • Nike: To bring inspiration and innovation to every athlete in the world.
  • JPMorgan Chase: To be the most respected financial services firm in the world.
  • Ford: To help build a better world where every person is free to move and pursue their dreams.

Now compare that to their vision statements, which take a broader, longterm view:

  • Nike: To do everything possible to expand human potential.
  • Ford: To shorten the distance between where you are and where you want to go.

Mission statements should be memorable. If you can’t say it in a single sentence, it’s not a mission — it’s messaging.

Why it should come before launch

Think of your mission as the blueprint for your business. Just like an architect wouldn’t start building without a plan, you shouldn’t start accepting orders without clarity on why your company exists.

Your mission should guide key decisions before you ever go to market:

  • Product development: Does this align with our purpose?
  • Hiring: Do these candidates reflect our values?
  • Branding and marketing: Are we communicating what we truly stand for?

After launch, your mission continues to guide you, ensuring that growth doesn’t come at the expense of your core purpose. It also helps your business adapt while staying anchored to its identity.

A tool for attracting the right investors and talent

Investors today want more than financial returns. They want to believe in your why. A strong mission statement tells them you’re building something that lasts — not just chasing short-term profit.

The same is true for your team. A well-defined mission increases engagement, attracts values-aligned talent and builds a strong internal culture. People want to do meaningful work — and your mission tells them what that meaning is.

Related: How to Write An Unforgettable Company Mission Statement

Set your direction before you hit “go”

A mission statement does more than clarify your purpose — it drives focus, builds culture, and attracts support. It helps every stakeholder — from employees to investors to customers — understand your business on a deeper level.

By crafting your mission before your company makes its first sale, you create alignment from day one. You establish a guiding principle that shapes every action and decision — now and into the future.

Before you launch, take the time to ask: What’s the purpose behind this business? Your answer might just be the most valuable asset you create.

A lot goes into building a company before it ever makes a sale — from brainstorming the idea to developing a business plan and crafting a go-to-market strategy. Whether you’re launching a physical storefront or an online business, early-stage planning involves countless moving parts. But there’s one critical step that often gets overlooked: writing a mission statement.

A mission statement defines the purpose of your business in one or two clear, compelling sentences. It acts as a north star for your team, your customers and your stakeholders — guiding decisions, shaping culture and communicating what your company stands for. It should be completed before launch, because it lays the foundation for everything that follows.

In my experience managing 22 companies across 89 countries, I’ve learned this firsthand: the businesses with the clearest missions move faster, scale smarter and stay grounded in their values.

The rest of this article is locked.

Join Entrepreneur+ today for access.

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A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.

Continue Reading

Business

Descending The Corporate Ladder: A Solution To A Better Life

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Feeling burned out and underappreciated? Tired of managing people and just want to focus on your craft? Thinking about going back to school to do something more meaningful? If any of this resonates, don’t quit your job. Instead, it might be time to consider a strategic descent down the corporate ladder to take back control of your life.

Don’t see it as a failure, but as a way to improve your longevity, well-being, and overall happiness. Drastic changes aren’t always necessary.

In this post, I want to explore whether descending the corporate ladder might actually be a great solution for achieving a better work-life balance. It’s a similar concept of feeling relief once you overcome the downer of no longer making maximum money. If you can swallow your pride, good things tend to happen.

My Desire to Get Ahead As A Young Man

One of the reasons I left my career was my ambition to climb the corporate ladder, an ambition that ultimately hit a ceiling. After being promoted to VP at 28 and Director at 31, I failed to make Managing Director by 34. Yes, I only tried for a year before negotiating a severance package, but it still stung to fall short. That unmet goal was a key catalyst in my decision to retire from finance.

Looking back 13 years later, I sometimes wonder if I could’ve been content staying a Director. If I had been satisfied with my role, I could have continued earning a handsome salary for years.

As a Director, I had one and a half direct reports and ran a business covering the West Coast. Had I been promoted to MD, I likely would’ve had to relocate to New York City or Hong Kong and manage a much larger team—something every experienced manager knows comes with significantly more stress.

Ultimately, I didn’t want to descend the corporate ladder, because progress meant happiness to me at the time. Asking for a demotion was unheard of in the cuthroat world of banking. Meanwhile, staying in place would’ve also meant slowly falling behind as my colleagues got promoted. I had too much pride to just run in place.

Ultimately, I decided to kickstart the modern-day FIRE movement in 2009 and chronicle my journey out of a lucrative career just three years later.

The Health Benefits of Descending the Corporate Ladder

Whether you choose to get demoted or simply stay in place, stepping back can have big health benefits as your responsibilities lighten. With fewer demands, you’ll have more flexibility to work from home, play pickleball midday, and even enjoy a nap after lunch.

Your day should also have fewer meetings—a relief for many. And even if you do attend a meeting, you’re less likely to be called on to lead or contribute as often, making it easier to keep a low profile.

If you have young children, you’ll have more time to spend with them during standard work hours, e.g. attending their soccer practice at 3:30 pm. With a lower paycheck, the guilt of blending family and work time fades, as long as you get your responsibilities done in a timely manner.

More time with family and friends, more exercise, and greater freedom can all do wonders for your mental health. Chronic pain—like lower back pain, sciatica, or golfer’s elbow—may lessen or even disappear. Your hair might even stop graying and falling out at such a rapid pace.

Ultimately, descending the corporate ladder can lead to a healthier, longer life. Isn’t that worth more than a pay raise or added status thanks to a promotion? I think so!

In a survey by Randstad, a global HR consultancy, nearly half (47%) of respondents reported no interest in career progression. Instead, talented workers prioritize work-life balance (93%), flexible hours (81%), and mental health support (83%) over career ambition (70%).

Unless you’re doing something amazing like caring for baby pandas or protecting innocent children from abuse, it may be hard to feel truly passionate about work. Many people I’ve spoken to feel disgruntled in their jobs because they don’t see their work making a meaningful difference in society.

Gone are the days when everyone aspired to be the “big boss” with a corner office furnished with a huge desk, a leather chair, and a sofa for power meetings. I remember being awed by the large, glass-walled offices at Credit Suisse and Goldman Sachs in New York City. The ambition to one day reach that level was exciting.

But as I climbed higher, I realized the toll it could take. When I didn’t reach Managing Director in 2011, I let go of the dream, and maybe, just maybe, I dodged a bullet. If I’d made MD, my chronic pain might have worsened, and quitting would have been harder.

Promotions can trap you with the allure of higher pay and prestige. Sometimes, not getting promoted might be the best thing for your life.

Descending the corporate latter and happy to stay in a role they like even if there's no room for career progression

Descend To Remove A Target On Your Back

Back in finance, I noticed that Managing Directors—the highest earners—were often the first to be let go. The man who recruited me from Goldman to Credit Suisse, Myles, was laid off just a year later, which was disappointing because he was a fantastic leader. My biggest supporter was gone, and I had to find a way to ingratiate myself with a new boss.

Over my 11 years at Credit Suisse, I went through four heads of desks and even more heads of products. If your MD salary didn’t align with your productivity, you were gone. And if you didn’t get along with a few fellow MDs, consensus could turn against you. Once you reach the highest levels, navigating those dynamics can be just as critical as performance.

By descending the corporate ladder, you may improve your chances of staying employed. As the old Japanese saying goes, “The nail that sticks out gets hammered down.” In addition to practicing stealth wealth during economic downturns to avoid getting hated on, adopt a stealth career for increased longevity.

Maybe Younger Generations Are Less Ambitious

In the same Randstad’s survey, Gen Z respondents were more likely than Millennials or Gen Xers to say, “I don’t want career progression.” How interesting, given Gen Z tend to be the most junior employees in most organizations. This generation doesn’t want senior leadership roles due to concerns for long hours and too much pressure.

But the funny thing is, almost another generation ago, I posted my now classic post, Are There Really People Who Work 40 Hours A Week Or Less And Complain Why They Can’t Get Ahead? Ah, it seems like Gen Z is simply mirroring the feelings about work that Millennials felt at their age.

Older generations will attribute the lack of desire for career progression to laziness or lack of ambition. But in today’s world, where layoffs are common and lifetime pensions are largely a thing of the past, why be overly ambitious? With globalization and tech-driven competition, job security feels more elusive, making the pursuit of senior roles less attractive.

Top barriers to work-life balance result to people descending the corporate ladder

Might Be Harder To Get Motivated As A Young Adult

It must feel strange to be a young person fresh out of high school or college today, knowing that AI has a decent chance of making your skills obsolete. You can either throw in the towel and YOLO your way through life, or you can embrace the challenge and leverage AI to supercharge your productivity and creativity. The choice is yours—disruption or evolution.

For my children’s sake, I’m investing aggressively in artificial intelligence as a hedge. If AI ends up displacing millions of jobs, I want to get rich from my AI investments. Then I’ll use the proceeds to support them, just in case they struggle to find meaningful work in the future.

At the same time, I hope they never need the help and instead figure out their own path to financial independence.

Managing People May Not Be As Fun as Producing

Many companies promote their top producers into managerial roles, but excelling in production doesn’t automatically make someone a great manager. Sometimes, climbing the ladder means giving up what you’re good at to manage others. It’s a tradeoff that may appeal only to those who genuinely enjoy wielding more authority.

When I joined a startup part-time in November 2023, I learned a term I hadn’t encountered before: IC, or “individual contributor.” At first, I was baffled—aren’t we all supposed to contribute? If not, then what, just tell people what to do? My colleagues laughed and said, “Yes, that sounds about right.”

In startups, everyone is expected to contribute meaningfully because survival depends on it. But in larger companies, where individual contributions are harder to tie directly to profitability, it’s easier to coast.

Personally, I’d far rather earn a handsome $500,000 working a mere 30 hours a week at a big tech company like Google, with three days a week at home, than work 60+ hours a week in the office at a startup with the slim chance of a huge IPO windfall. Goodness knows you don’t need to earn a top 0.1% income to be happy.

Maybe the FIRE Movement Is Making a Difference, Too

It’s strange there is a rising popularity in descending the corporate ladder. However, perhaps the rise of FIRE (Financial Independence, Retire Early) blogs, podcasts, YouTube channels, and books may also be influencing people to downshift their career ambitions. At first, early retirement with a smaller nest egg may seem risky. But as more people successfully navigate this path, it fosters a sense of possibility.

Even if not everyone takes the extreme step of retiring in their 50s, 40s, or even 30s, the FIRE movement may encourage people to ease up on the grind. Coast FIRE, a subset of this movement, is a popular approach that allows people to grow wealth passively after an initial savings phase, rather than through relentless effort and career climbing.

That said, Coast FIRE is also the most dangerous early retirement movement to follow as it might lead to complacency. Thanks to life circumstances that can change unexpectedly, I encourage people not to remain in Coast FIRE land for too long.

Thirteen years after leaving the traditional workforce, I’ve shared as many of the ups and downs as possible. Given that I’m not lying on the street every night as DUPs, I’d like to think I’ve helped others to find more courage to enjoy life a little more.

When you see what’s possible, it makes the possibility a greater reality.

Descending the corporate ladder is a good way to achieve better work-life balance
Source: Source: Randstad Workmonitor 2023

The Hardest Part of Descending the Corporate Ladder

If you’re convinced that descending the corporate ladder could be great for your life, the hard part is actually doing it. Staying in place or opting for a demotion requires swallowing your pride and watching as your peers keep climbing. Unfortunately, comparison truly is the thief of joy.

You’ll need to be okay with not driving the luxury car your ascending peers have. You’ll have to accept your current home as your long-term dwelling while others climb the property ladder. And, hardest of all, if you have children, you might not be able to provide everything you want for your children.

Is it any wonder, then, that many keep pushing for more money and titles?

Quitting the money chase is one of the hardest things to do. For me, it took a failed promotion to walk away. I then figured out how to get a severance package so I could leave with financial security.

Afterward, I consulted for fintech companies and earned online through Financial Samurai. I did so partly out of a lingering fear of descending too far. Now, I’m focused on building back our passive income so it can fully cover our desired living expenses by December 31, 2027.

So yes, descending the corporate ladder is tough. But it just might be the best thing you’ll ever do for your mental health, finances, and overall quality of life.

Readers, what do you think about descending the corporate ladder for greater happiness? When does the drive for raises and promotions finally lose its grip? Is it possible to coast in your career, if you can shake off the guilt of not always pushing for more?

Alternatively, Leave Your Job For Something Better

Sometimes a clean break is the better path. After 13 years in finance, I negotiated a severance and left. Burned out from the pressure, long hours, and travel-induced pain, all I really wanted was to write and explore—and that’s exactly what I did until my son was born in 2017.

If you’re looking to break free from a job you no longer enjoy, check out my bestseller, How To Engineer Your Layoff: Make A Small Fortune By Saying Goodbye. Now in its 6th edition, it shares all the strategies I used to successfully negotiate a severance.

How to engineer your layoff - learn how to negotiate a severance package and be free

You can either descend the corporate ladder or take a leap toward a better life. I chose the latter—and years later, I know it was the right decision for my health, happiness, and soul. Use the code “saveten” at checkout to save $10.

Subscribe To Financial Samurai 

Listen and subscribe to The Financial Samurai podcast on Apple or Spotify. I interview experts in their respective fields and discuss some of the most interesting topics on this site. Your shares, ratings, and reviews are appreciated.

To expedite your journey to financial freedom, join over 60,000 others and subscribe to the free Financial Samurai newsletter. Financial Samurai is among the largest independently-owned personal finance websites, established in 2009. Everything is written based on firsthand experience and expertise.

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