Here are 100 books that Real Impact fans have personally recommended if you like Real Impact. Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.

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Book cover of Manifesto for a Moral Revolution: Practices to Build a Better World

Kusi Hornberger Author Of Scaling Impact: Finance and Investment for a Better World

From my list on investing for impact.

Why am I passionate about this?

I am a Partner at Dalberg Global Development Advisors, where I lead a lot of our finance and investment advisory work with development finance institutions, family offices, and impact investors. I also serve on several impact investment and field-building organization advisory boards and regularly contribute to the ecosystem through thought leadership and speaking engagements at leading conferences. Over the course of my 20+ year career, I have played the role of advisor, investor, and technical assistance provider on more than 200 individual projects across the globe.   

Kusi's book list on investing for impact

Kusi Hornberger Why Kusi loves this book

I recommend this book for any leader seeking to better understand their ‘why’. I have long admired Jacqueline Novogratz and Acumen and while not her most famous book, this one really gets deep into the inside of what motivates Jacqueline and the work she does at Acumen.

As someone who considers themselves to be values-led, I deeply admire how Jacqueline doesn’t shy away from the ethics of financing social and impact enterprises and instead leans in to explain her thinking in this book and to challenge our collective moral imagination about what is right.

It is also filled with useful examples and interviews with changemakers across the globe, which helps bring her work and the concepts in the book to life. A must-read for anyone interested in impact-first investing. 

By Jacqueline Novogratz ,

Why should I read it?

2 authors picked Manifesto for a Moral Revolution as one of their favorite books, and they share why you should read it.

What is this book about?

"An instant classic." ―Arianna Huffington
"Will inspire people from across the political spectrum." ―Jonathan Haidt

Longlisted for the Porchlight Business Book of the Year Award, an essential shortlist of leadership ideas for everyone who wants to do good in this world, from Jacqueline Novogratz, author of the New York Times bestseller The Blue Sweater and founder and CEO of Acumen.

In 2001, when Jacqueline Novogratz founded Acumen, a global community of socially and environmentally responsible partners dedicated to changing the way the world tackles poverty, few had heard of impact investing―Acumen’s practice of “doing well by doing good.” Nineteen years…


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Book cover of Aggressor

Aggressor by FX Holden,

It is April 1st, 2038. Day 60 of China's blockade of the rebel island of Taiwan.

The US government has agreed to provide Taiwan with a weapons system so advanced that it can disrupt the balance of power in the region. But what pilot would be crazy enough to run…

Book cover of Adventure Finance: How to Create a Funding Journey That Blends Profit and Purpose

Kusi Hornberger Author Of Scaling Impact: Finance and Investment for a Better World

From my list on investing for impact.

Why am I passionate about this?

I am a Partner at Dalberg Global Development Advisors, where I lead a lot of our finance and investment advisory work with development finance institutions, family offices, and impact investors. I also serve on several impact investment and field-building organization advisory boards and regularly contribute to the ecosystem through thought leadership and speaking engagements at leading conferences. Over the course of my 20+ year career, I have played the role of advisor, investor, and technical assistance provider on more than 200 individual projects across the globe.   

Kusi's book list on investing for impact

Kusi Hornberger Why Kusi loves this book

This is a great practical read loaded with examples of all the innovative financing approaches that can be used to finance impact and social enterprises in emerging markets.

I had a chance to read and review the book before it was published, and I particularly appreciate how Aunnie is able to distill complex concepts into easy-to-understand prose. The structure of the book, which is organized around different innovative approaches and an extensive glossary of terms, is also very useful.

It is a great read for anyone interested in learning about and deploying alternative financing models. 

By Aunnie Patton Power ,

Why should I read it?

1 author picked Adventure Finance as one of their favorite books, and they share why you should read it.

What is this book about?

The venture capital model doesn't work-at least not for 99% of startups and small businesses. In this 99% are a lot of companies with incredible potential: businesses headed by female founders and those from diverse racial backgrounds, organizations headquartered outside of venture capital hubs, and purpose-driven enterprises that are creating social and environmental impact alongside financial success.

Counter to what the press-savvy venture capital world would have you believe, there are a lot of funding options out there for startups and small businesses. Adventure Finance is designed to help you understand some of these options, and walk you through real…


Book cover of Viva the Entrepreneur: Founding, Scaling, and Raising Venture Capital in Latin America

Kusi Hornberger Author Of Scaling Impact: Finance and Investment for a Better World

From my list on investing for impact.

Why am I passionate about this?

I am a Partner at Dalberg Global Development Advisors, where I lead a lot of our finance and investment advisory work with development finance institutions, family offices, and impact investors. I also serve on several impact investment and field-building organization advisory boards and regularly contribute to the ecosystem through thought leadership and speaking engagements at leading conferences. Over the course of my 20+ year career, I have played the role of advisor, investor, and technical assistance provider on more than 200 individual projects across the globe.   

Kusi's book list on investing for impact

Kusi Hornberger Why Kusi loves this book

This book is an excellent read for any entrepreneur who is looking for a firsthand account of the ups and downs of starting and growing a business in emerging markets.

I got to know Brian during my time living in Brazil and truly admire his story, as well as the candor and honesty that he brings to this book. Brian shares tons of funny and useful anecdotes, particularly as they relate to raising funding and negotiating with venture capital and private equity investors.

Filled with insight, this is a must-read for anyone starting a business or investing in startups that they hope to see scale and change the world. 

By Brian Requarth ,

Why should I read it?

1 author picked Viva the Entrepreneur as one of their favorite books, and they share why you should read it.

What is this book about?

The entrepreneurial journey is lonely—especially if you’re looking to start a business in Latin America, where opportunities are ripe but resources are scarce. Brian Requarth is well acquainted with the challenges unique to this part of the world, having grown Viva Real from two people to over 500 employees, and tens of millions in dollars of revenue.

Now, Brian wants to help demystify the obstacles you’ll face, teach what you won’t learn in business school, and offer you inspiration and encouragement on your journey.

Viva the Entrepreneur shares the lessons Brian learned while building his company. He shows how to…


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Book cover of Trusting Her Duke

Trusting Her Duke by Arietta Richmond,

A Duke with rigid opinions, a Lady whose beliefs conflict with his, a long disputed parcel of land, a conniving neighbour, a desperate collaboration, a failure of trust, a love found despite it all.

Alexander Cavendish, Duke of Ravensworth, returned from war to find that his father and brother had…

Book cover of Crazy Is a Compliment: The Power of Zigging When Everyone Else Zags

Kusi Hornberger Author Of Scaling Impact: Finance and Investment for a Better World

From my list on investing for impact.

Why am I passionate about this?

I am a Partner at Dalberg Global Development Advisors, where I lead a lot of our finance and investment advisory work with development finance institutions, family offices, and impact investors. I also serve on several impact investment and field-building organization advisory boards and regularly contribute to the ecosystem through thought leadership and speaking engagements at leading conferences. Over the course of my 20+ year career, I have played the role of advisor, investor, and technical assistance provider on more than 200 individual projects across the globe.   

Kusi's book list on investing for impact

Kusi Hornberger Why Kusi loves this book

I love the title of this book–it is thought-provoking in the right kind of way.

The book, which is more about Linda’s story of founding and building Endeavor, a community of entrepreneurs in emerging markets, and less about finance, is on my list because of the lessons it offers about what it takes to be successful in doing something difficult.

In the book, Linda encourages readers to embrace risk and unconventional thinking to achieve success. Not to be afraid if others think what you are doing doesn’t make sense if you believe in your purpose, have a strong network of support, and are willing to adapt and learn along the way. It's a great read for any impact finance leader. 

By Linda Rottenberg ,

Why should I read it?

1 author picked Crazy Is a Compliment as one of their favorite books, and they share why you should read it.

What is this book about?

'Some books on entrepreneurship are of little practical use. Rottenberg's new book is different. Sober, convincing and offers the best ways to build new business ventures' Financial Times

'Linda has tapped into something important - that we all need to be more entrepreneurial these days. With her impressive track record and inspiring story, she shows us all how to overcome our fears and take smart, achievable steps to improve our organisations' Sheryl Sandberg

'Buy it. Read it. Live it' Seth Godin

These days everybody needs to think and act like an entrepreneur. We all need to be nimble, adaptive, daring…


Book cover of Humanomics: Moral Sentiments and the Wealth of Nations for the Twenty-First Century

Andreas Ortmann and Benoit Walraevens Author Of Adam Smith's System: A Re-Interpretation Inspired by Smith's Lectures on Rhetoric, Game Theory, and Conjectural History

From my list on the Adam and smith of modern economics.

Why are we passionate about this?

 AO: I have been intrigued by the Adam and smith (a play on Adam Smith’s name due to K. Boulding) of social sciences ever since, as a graduate student, I was given the privilege to teach a history-of-thought course. I found a lot of wisdom in Smith’s works and continue to find it with every new read. BW: I first met Adam Smith when I was studying for my master’s degree in economics almost twenty years ago. Since then, I have enjoyed rereading him, always finding new sources of fascination and insights. For me, Smith's work is endlessly rich and remains astonishingly topical, three centuries after his birth. 

Andreas and Benoit's book list on the Adam and smith of modern economics

Andreas Ortmann and Benoit Walraevens Why Andreas and Benoit loves this book

Smith is generally considered as the father of economics, laying its foundations in the eighteenth century.

But he can also be an inspiration for rethinking economics (providing more realistic assumptions about human conduct) and laboratory experiments in the twenty-first century, helping us to build a new “Humanomics” (see also McCloskey’s two books on this subject). That’s what Vernon Smith (Nobel Prize in Economics in 2002) and Bart Wilson convincingly argue for in their uncommon and innovative book. Smith is still alive (and well alive) today. 

By Vernon L. Smith , Bart J. Wilson ,

Why should I read it?

1 author picked Humanomics as one of their favorite books, and they share why you should read it.

What is this book about?

While neo-classical analysis works well for studying impersonal exchange in markets, it fails to explain why people conduct themselves the way they do in their personal relationships with family, neighbors, and friends. In Humanomics, Nobel Prize-winning economist Vernon L. Smith and his long-time co-author Bart J. Wilson bring their study of economics full circle by returning to the founder of modern economics, Adam Smith. Sometime in the last 250 years, economists lost sight of the full range of human feeling, thinking, and knowing in everyday life. Smith and Wilson show how Adam Smith's model of sociality can re-humanize twenty-first century…


Book cover of Conscious Capitalism

Neil Gaught Author Of CORE

From my list on purpose and the future of business.

Why am I passionate about this?

I’ve read countless books and articles on business, leadership, and sustainability—but the ones I return to are those that grapple with purpose. I’m drawn to anything that challenges the "business as usual" status quo and shows how business can be a force for good. Having worked across sectors and shaped my own thinking around the challenges facing business and society, I know how powerful purpose can be when done right. But more than that, I feel it—these books fuel my belief that meaningful change is possible. If you care about business’s potential to positively shape society and the planet, give them a go.

Neil's book list on purpose and the future of business

Neil Gaught Why Neil loves this book

I’ve read lots of books about the future of business and the future of capitalism, but this book deeply inspired me. Mackey and Sisodia articulate with clarity and conviction what I’ve long believed—that purpose and profit are not mutually exclusive but, in fact, must go hand in hand.

I particularly connected with their emphasis on conscious leadership and the need for a higher purpose to guide business strategy. It reinforced my own thinking and sharpened my understanding of how critical it is for leaders to align values with actions. I saw clear parallels with the approach I have developed, and it affirmed for me that embedding purpose isn’t just desirable—it’s essential.

By John Mackey , Rajendra Sisodia ,

Why should I read it?

1 author picked Conscious Capitalism as one of their favorite books, and they share why you should read it.

What is this book about?

As seen on Oprah's Super Soul Sunday A New York Times and Wall Street Journal Bestseller In this book, Whole Foods Market cofounder John Mackey and professor and Conscious Capitalism, Inc. cofounder Raj Sisodia argue for the inherent good of both business and capitalism. Featuring some of today's best-known companies, they illustrate how these two forces can--and do--work most powerfully to create value for all stakeholders: including customers, employees, suppliers, investors, society, and the environment. These "Conscious Capitalism" companies include Whole Foods Market, Southwest Airlines, Costco, Google, Patagonia, The Container Store, UPS, and dozens of others. We know them; we…


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Book cover of The Duke's Christmas Redemption

The Duke's Christmas Redemption by Arietta Richmond,

A Duke who has rejected love, a Lady who dreams of a love match, an arranged marriage, a house full of secrets, a most unneighborly neighbor, a plot to destroy reputations, an unexpected love that redeems it all.

Lady Charlotte Wyndham, given in an arranged marriage to a man she…

Book cover of Worn Out: How Our Clothes Cover Up Fashion's Sins

Stacy Igel Author Of Embracing the Calm in the Chaos: How to Find Success in Business and Life Through Perseverance, Connection, and Collaboration

From my list on memoirs about thought leaders who created brands.

Why am I passionate about this?

I grew up in Chicago and at a very young age worked in retail. While my mom was building her own brand, lumbar support called the “back machine”, I watched the process and got to shadow her to understand what the customers’ needs were. I went to the University of Wisconsin in Madison and triple majored in Design, Retail, and Business. I then moved to NYC and launched my brand BOY MEET GIRL® in 2001. When I couldn’t find a book on a woman building a brand who was also a mother I knew I had to write my book to show others how you can do it.

Stacy's book list on memoirs about thought leaders who created brands

Stacy Igel Why Stacy loves this book

I have been in the fashion industry for over two + decades and have been fortunate to work with Alyssa Hardy the author of this book. She has featured me in several articles she writes for and has been a model in one of my anti-bullying campaigns.

Why I would recommend her book is not only because I think she is a rock star but because how important her book is to our society. It gives a real insider look at the rise of “fast fashion” and the abuse and neglect of garment workers.

By Alyssa Hardy ,

Why should I read it?

1 author picked Worn Out as one of their favorite books, and they share why you should read it.

What is this book about?

An insider's look at how the rise of "fast fashion" obstructs ethical shopping and fuels the abuse and neglect of garment workers

"With years of expertise in the fashion industry, Alyssa's reporting is consistently deep and thoughtful, and her work on sustainability and ethics has changed how I view the clothes I wear."
-Brittney McNamara, features director at Teen Vogue

Ours is the era of fast fashion: a time of cheap and constantly changing styles for consumers of every stripe, with new clothing hitting the racks every season as social media-fueled tastes shift.

Worn Out examines the underside of our…


Book cover of Herman Daly's Economics for a Full World: His Life and Ideas

David Miller Author Of Solved: How the World's Great Cities Are Fixing the Climate Crisis

From my list on books that evoke a place and take you there.

Why am I passionate about this?

I love cities, and as a former Mayor, I understand their vibrant complexity. Like all of us, I am deeply worried about planetary breakdown, but unlike most, I’ve had the privilege of seeing firsthand the great work that leading mayors are undertaking globally to address the climate crisis. It's my belief that if more of us knew what is happening in some cities, and therefore what is possible in all, we would not only see that it is possible to avoid climate breakdown but fuelled by that hope, we would demand change from those we elect. You can hear more in the podcast I lead, Cities 1.5, or read more in my occasional newsletter on substack.

David's book list on books that evoke a place and take you there

David Miller Why David loves this book

This book is a lovingly and expertly written biography of an underappreciated but vastly significant economist, Herman Daly. Professor Daly was an early proponent of ecological economics, and his work is becoming increasingly important and relevant if we want to stop climate breakdown.

One of the main reasons we are approaching climate breakdown is because neo-liberal economic theories and the economic system they have led to through trade agreements and the like rely on false or oversimplified assumptions—like pollution is free or that any resource constraints can be met by new inventions. The fact that neither is true—and the policy implications that set out from that conclusion - are persuasively documented in this biography.

The book is about economics and a great economist who brilliantly and convincingly demonstrated that the Planet and human resource demands on it must be included in our economic analysis and rules. As such, the biography…

By Peter A. Victor ,

Why should I read it?

1 author picked Herman Daly's Economics for a Full World as one of their favorite books, and they share why you should read it.

What is this book about?

As the first biography of Professor Herman Daly, this book provides an in-depth account of one of the leading thinkers and most widely read writers on economics, environment and sustainability.

Herman Daly's economics for a full world, based on his steady-state economics, has been widely acknowledged through numerous prestigious international awards and prizes. Drawing on extensive interviews with Daly and in-depth analysis of his publications and debates, Peter Victor presents a unique insight into Daly's life from childhood to the present day, describing his intellectual development, inspirations and influence. Much of the book is devoted to a comprehensive account of…


Book cover of Obstacles to Ethical Decision-Making

Donna S. Sheperis Author Of Ethical Decision Making for the 21st Century Counselor

From my list on ethics is deeply painfully human.

Why am I passionate about this?

I’ve spent over three decades as a therapist and professor, with ethics at the heart of everything I do. Many clients come to therapy feeling at odds with their moral compass, and I’m passionate about helping them navigate those gray areas with compassion and clarity. As a professor, I live what I teach—engaging in real-world ethical decision-making, mentoring new professionals, and writing books that bring complex concepts to life. I love books that challenge us to think deeply, sit with ambiguity, and reconnect with our moral center. This list reflects that journey—these are the books that stay with you long after the last page. 

Donna's book list on ethics is deeply painfully human

Donna S. Sheperis Why Donna loves this book

I’ve never forgotten the Milgram experiment—but I’d never turned it inward until I read this book. It forced me to ask: Do I ever follow instructions just because they’re expected? That question unsettled me—in a good way.

This book helped me recognize the quiet moments where obedience can blur into complicity. And more importantly, it gave me tools to pause, reflect, and re-anchor my values. What stayed with me most was the reminder that ethical clarity doesn’t have to happen in isolation. Community and collaboration are essential—not going it alone is a value I didn’t realize I’d been craving.

By Michael S. Pritchard , Patricia H. Werhane , Laura Pincus Hartman , Crina Archer , Elaine E. Englehardt

Why should I read it?

1 author picked Obstacles to Ethical Decision-Making as one of their favorite books, and they share why you should read it.

What is this book about?

In commerce, many moral failures are due to narrow mindsets that preclude taking into account the moral dimensions of a decision or action. In turn, sometimes these mindsets are caused by failing to question managerial decisions from a moral point of view, because of a perceived authority of management. In the 1960s, Stanley Milgram conducted controversial experiments to investigate just how far obedience to an authority figure could subvert his subjects' moral beliefs. In this thought-provoking work, the authors examine the prevalence of narrow mental models and the phenomenon of obedience to an authority to analyse and understand the challenges…


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Book cover of Old Man Country

Old Man Country by Thomas R. Cole,

This book follows the journey of a writer in search of wisdom as he narrates encounters with 12 distinguished American men over 80, including Paul Volcker, the former head of the Federal Reserve, and Denton Cooley, the world’s most famous heart surgeon.

In these and other intimate conversations, the book…

Book cover of Girls Just Wanna Have Impact Funds: A Feminist Guide to Changing the World with Your Money

Janine Firpo Author Of Activate Your Money: Invest to Grow Your Wealth and Build a Better World

From my list on women want more money investments.

Why am I passionate about this?

Almost 20 years ago, I committed to investing all of my money–starting with my cash–in ways that align with my values. It’s been a long and arduous journey, even with the help of financial advisors. When I retired, I took control of my money and realized investing this way does not have to be that hard. Moreover, most women want to invest in their values, but no one is helping them. So, I wrote a book to share the knowledge I’ve gained over 40 years as an investor. Later, I co-founded Invest for Better, a non-profit that puts women into investment clubs to help them become confident, values-aligned investors.   

Janine's book list on women want more money investments

Janine Firpo Why Janine loves this book

This small, beautifully laid out book was published a few years after mine–and it does a great job of introducing readers to a range of topics related to values-aligned investing.

It lays out the case for values-aligned investing and then gives you a few pages on topics as diverse as bonds and cryptocurrency. The highly visual nature of the book makes this a quick and engaging read

By Camilla Falkenberg , Emma Due Bitz , Anna-Sophie Hartvigsen

Why should I read it?

1 author picked Girls Just Wanna Have Impact Funds as one of their favorite books, and they share why you should read it.

What is this book about?

What if building your own personal wealth didn't have to come at the expense of the planet?

Put your money where your mouth is when it comes to handling your finances and join the Female Invest trio on a mission to investigate sustainable stocks and funds, angel investing, and empowering initiatives-for both you and the planet.

Cutting through the noise, this trusted resource will rationalize the vast scope of the term "sustainable investing" and consider how investments, funds, stocks, and shares can be responsible, ethical, green, and impactful-enabling you to partake in a truly circular economy. Ditching the jargon shrouding…


Book cover of Manifesto for a Moral Revolution: Practices to Build a Better World
Book cover of Adventure Finance: How to Create a Funding Journey That Blends Profit and Purpose
Book cover of Viva the Entrepreneur: Founding, Scaling, and Raising Venture Capital in Latin America

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