Books to read #7: Mind

These three books have had a profound impact on my life. I first read them when I was 15 and have re-read them every 2-3 years to remind myself of the valuable lessons they contain. While simply following the rules outlined in these books may not make you a millionaire, they will help you understand the true value of things, become a kinder person, and get more value out of your interactions with others.

Dale Canegie: “How to Win Friends and Influence People”

Don’t criticize, condemn, or complain: This creates animosity and puts people on the defensive.
Give honest and sincere appreciation: People are more likely to respond positively when they feel appreciated.
Arouse in the other person an eager want: Help others see the value in what you’re offering and how it can benefit them.
Be genuinely interested in other people: Show a genuine interest in others and their interests and experiences.
Smile: A smile can go a long way in creating a positive impression and building rapport with others.
Remember that a person’s name is, to that person, the sweetest and most important sound in any language: Use someone’s name when speaking to them to create a connection and show that you value them.
Be a good listener: Show that you’re listening by giving your full attention and acknowledging what the other person is saying.

7 rules of highly effective people

Be proactive: Take responsibility for your actions and don’t just react to situations.
Begin with the end in mind: Set clear goals and work towards them.
Put first things first: Prioritize your tasks and focus on the most important ones first.
Think win-win: Seek mutually beneficial solutions in your relationships and interactions.
Seek first to understand, then to be understood: Listen actively to others and try to understand their perspectives before trying to explain your own.
Synergize: Work effectively with others to achieve more than you could on your own.
Sharpen the saw: Take care of your physical, mental, emotional, and spiritual well-being to maintain balance and effectiveness.

Robert Kiyosaki: “Rich Dad Poor Dad”

Mind your own business: Focus on building your own assets and wealth, rather than relying on a job or someone else’s assets.
Work to learn, not to earn: Seek out opportunities to learn new skills and acquire knowledge that will help you build wealth.
Don’t save money, invest it: Save money for emergencies, but invest it in assets that will generate income and grow in value.
Don’t worry about the price of an asset, consider the value: Look for assets that offer value, rather than just focusing on the price.
Don’t let your ego get in the way: Don’t be afraid to ask for help or advice, and be willing to learn from others.
Don’t let fear hold you back: Take calculated risks and don’t be afraid to try new things.

Financial education is important because it helps you build wealth.
Your mindset plays a crucial role in financial success. The book suggests adopting a wealth-building mindset and being proactive in your approach to money.
Building passive income streams is key to achieving financial independence. Passive income is income that is generated without requiring active effort.
Consumer debt, such as credit card debt, can be dangerous and should be avoided or paid off as quickly as possible.
Long-term thinking and planning for the future are important in building wealth.

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Jan 25   Books
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