Why are books important?
Everyone that has dedicated their life to becoming financially successful has encountered a multitude of failures caused by ignorance along the way. Failures are inevitable on the journey to success and the lessons taught at each setback should be embraced. The books listed below are comprised of remarkable individuals who have walked the treacherous path to success and have documented the lessons they have learned. Learning from others especially in the form of books can entirely change your perspective on your goals and drastically improve your ability to accomplish them.
Best books for building wealth
Book 1: Think and Grow Rich (Napoleon Hill, 1937)
Think and Grow Rich has 15 chapters of life-changing financial and success orientated philosophies that have altered perspectives and inspired millions for countless years. The information in this book is timeless, focusing on the power of desire and explaining not only that anything can be accomplished but also providing detailed instructions on how to do it. Hill uses stories about some of the most successful men in U.S. history such as Andrew Carnegie, Thomas Edison, Henry Ford, and other millionaires of his generation to illustrate his principles. The secret to success is revealed slowly throughout the book but once the techniques are understood lasting success and riches are almost unavoidable.
Rich Dad Poor Dad (Robert Kiyosaki, 1997)
In Rich Dad Poor Dad, Kiyosaki explains the importance of financial literacy, financial independence, and building wealth through his personal experiences. Growing up he had two influential figures, a poor dad which was his biological father that was highly educated and held a government job yet never accumulated wealth, and then his rich dad who was his friend’s father that dropped out of school at a young age but with finical education accumulated wealth through business and investments. Kiyosaki had a unique opportunity to learn through two different lenses which provided him with a unique perspective on life and money. The lessons explained in the book are eye-opening and are essential to understand for anyone that wants to accumulate great wealth.
The 4-Hour Workweek (Tim Ferriss, 2007)
The 4-Hour Workweek breaks the stereotypical cookie-cutter format that the majority of people peruse for making money and how to live. Focusing on escaping the draining 9-5 day job Ferris explains how to alter your believes and habits in order to share your working hours but maintain or even increasing your salary. This book is essentially a step-by-step blueprint on how to free yourself from a cooperate job and use the new free time to live and enjoy life like a millionaire. The creative concepts in this book change the view of how time is spent vs how time should be spent with a detailed explanation on how to make it happen financially.
The Magic of Thinking Big (David J. Schwartz, 1959)
The Magic of Thinking Big unveils the enormous power of the mind and explains strategies on how to increase the control and direction of one’s life. Schwartz addresses the commonly ignored fact that one’s thought patterns whether conscious or subconscious will ultimately become a reality over time. Through vivid explanations, he stresses the importance of thinking big and maintaining a positive and optimistic outlook because “Believe in Success and You Will Succeed”. The psychological ideas in this book open the mind to unlimited possibilities and provide the encouragement and enthusiasm to see them become a reality.