Best Money Making Books To Read – I’ve read hundreds of books, but there are 40 books on making money that really stuck with me.
So in this article, I will combine all of these books into a basic course that will really motivate you.
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First, you need to know your mind. I don’t come from wealth and I remember in my youth people saying that money was the root of all evil.
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“Secrets of the Millionaire Mind” explains how these words lead us to believe that the rich are the devil.
It took me a long time to get over the bad feeling in my stomach when I thought about making money.
But I think the goal is the same: to be able to do whatever you want, whenever you want.
Cars were not purchased, diamonds were not purchased, pay raises were deferred, travel clothes were discounted and upgrades to first class were granted.
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I remember a classmate of mine saying things like, “I hope I can find a good job after I graduate.”
The “magic of thinking big” means that people set the deadline too early and therefore never have a chance of winning.
This is probably because I chose the job I wanted rather than study independently from school.
The book describes how a positive correlation was found between traders with a good stock market and testosterone levels.
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Additionally, success increases the number of testosterone receptors in your brain, which will make you more successful in the future.
I believe that my struggles in school and my efforts to succeed have had a positive impact on my life.
Although he was greatly outnumbered by the enemy, he burned his ships and left them without an escape plan.
This forced his soldiers to fight with everything they had, resulting in a miraculous victory against all odds.
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The author claims that society strives to make us model citizens, that is, simple, obedient, well-fed, happy and deprived of life.
The book says that all the water creating a fog 100 meters deep and seven cities wide can be exposed to a small piece of glass.
For this reason, throughout my life I have tried to focus only on things that I can influence.
“Habits of the Atom” shows that most people focus on the ultimate goal, without commitment, and the process of achieving it is completely in their hands.
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It involves combining a new habit with an existing one so that both end at the same time.
I know too many people take action with no direction and before they know it, time is up.
“The Seven Habits of Highly Effective People” emphasizes how important it is to always know where you’re going and think about how you want to be remembered.
While short-term pain is often necessary to achieve long-term benefits, it can be difficult to remember it when you’re in trouble.
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“The Art of Getting Things Done” highlights how important it is not to rely on your brain to remember all your tasks.
This way you can organize your work without mixing them up, and you can also choose how you spend your time.
“Essentials” reminds us that for every action we say “yes” to, we must say “no” to many others.
My main suggestion is that you need to develop unique skills that cannot be copied.
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“Stealing Like an Artist” reiterates this point, suggesting copying various influences until an original mix is created.
When I was young, I had a mentor named Dave who taught me how rich people manage their money.
The most important lesson I learned and shared in Rich Dad Poor Dad is that everything we buy is either an asset or a liability.
To know what this is all about, we need to ask ourselves, is it about putting money in your pocket or taking it away?
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Of course, if you want to be rich, your goal should be to buy as much real estate as possible, but many people don’t see the value in investing.
When most people understand this, they get excited, but end up jumping into the market without understanding anything.
Everyone thought they knew what they were doing, but it was a big bubble waiting to burst.
You can do this by investing in something like the S&P 500 or a large index fund.
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Although, since I find it boring, I also like to invest in interesting stocks with a small portion of my money.
As “The Smart Investor” advises, you should consider inviting someone named Mr. into your family every day. Market.
While the company may be doing better than before, that’s because the stock price is based on demand, not real-world value.
This means that if you have a lot of experience with a company or product, you can definitely have a bigger advantage than the best when it comes to investing.
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So if you’re going to invest, you need to make sure you’re using a tool that gives you all the information you need to make an informed decision.
Now that you have corrected your inner beliefs to take the next step, you need to know how to generate more profit than you can sell your time.
Business owners and investors have a vested interest in using other people’s time and money to build their wealth.
Therefore, it is important to move to the right side of the quadrant if you want to be rich.
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On the other hand, an e-commerce entrepreneur who earns 40,000,000 per year but only works four hours a week, who is rich?
However, if we take time worked into account, a banker earns $120 per hour while a contractor earns $200 per hour.
Taking it a step further, an entrepreneur can actually live the retirement that a banker dreams of because they can work anywhere in the world.
“Zero to One” says that the first step to starting a project is to decide on conflicting facts.
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For example, Netflix had to convince people that they wanted to watch TV at home, and Airbnb had to believe that people would agree to stay in a house they didn’t know.
“Anxiety” is a great way to write down three things that bother you every day and think about how you can improve them.
People like to be very protective of their plans, but the truth is that the idea itself usually isn’t very great.
“Starting to Trust” emphasizes the importance of implementing and using building, measuring, learning and validating ideas.
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The blue ocean refers to a market with little competition, while the red ocean is named so because of the fierce competition between competitors.
The study found that 39% of profits came from trading in competitive markets and 61% of profits came from using a blue ocean strategy.
However, the people driving Ferrari are not sleeping because they know that scarcity creates greater demand and the cars are more desirable.
All subscription products have people who want to buy them but can’t get their hands on them.
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It says that you cannot create a desire, but your job is to create a product that satisfies a natural desire.
Elon Musk wouldn’t be as successful as he is today if he couldn’t motivate others to do what he showed.
I have used this principle for years in my model shop because my employees are motivated to help customers get a quick fix for free.
I know that if we do this, there is a greater chance that someone will come back in the future and buy more.
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You can’t lose sight of your vision, but you also have to make sure people don’t hate you.
People want to be understood and, as mentioned in How to Win Friends and Change People, they don’t want to be told they are wrong.
The coconut brain developed when we were still animals, the central brain and neocortex where we make all our decisions.
Many people try to appeal to the neocortex when they want to sell something, but first you have to go through the crocodile brain.
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Management is something I have been learning for a long time because the better you are, the more money you can make.
Maybe it’s about the center, what about the center ring and what’s in the outer ring.
It’s like my teachers at school who told me to study because that’s what I needed, but never encouraged me to do anything.
On the other hand, my mentors told me that if I wanted to be rich and free, I should read specific books and give me tips on how to achieve my goals.
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This happens to an employee and a manager if they can be replaced by someone who will never have real power.
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