A few years ago, I rarely picked up a book.. I was more interested in playing video games or watching movies. But as I became more interested in passive income I’ve had a strong desire to learn as much as possible about business, entrepreneurship and changing my mindset.
I thought it would be helpful to list of the books I’ve read over the last 12 months so you can start to learn about ‘changing your mindset‘. The list of books below have really changed who I am and how I think about money and my financial future. I would love to hear what books you’ve read and recommend – so please leave a comment below.
Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Mass Market – By Robert T. Kiyosaki
Rich Dad Poor Dad was actually the most recent book I’ve read from this list. I’ve put it as number one because it focuses on mindset of an entrepreneur and the difference between the thinking of Robert’s two fathers (one of which is technically his best friends father)
Roberts two father’s had two different ways of thinking about money, careers and having their money work for them. I think this is why I put Rich Dad Poor Dad at the top of the list. Simply because most people have never really thought about a financial education before and Kiyosaki really helps you to understand why it’s so important. Rich Dad Poor Dad is very easy to read and his writing style is very captive. This is a fantastic book to give to someone thinking about starting their own business or who is undecided about going into the work force. It’s a 5 out of 5 from me! I’m also currently reading Kiyosaki’s second book, the Cashflow quadrant which is a follow on from Rich Dad Poor Dad.
So far I’m loving that one too and I’ll give you my full review once it’s done. Rich Dad Poor Dad is also super cheap on Kindle at at the moment. (Affiliate link below)
2. How to Fail at Almost Everything and Still Win Big: Kind of the Story of My Life – by Scott Adams
I heard about Scott Adams book through the Tim Ferris’ podcast and his most recent book ‘Tools of the Titans’. I never thought reading a book about a cartoonist would teach me so much about myself and learning to deal with failure. Adam’s provides insight into why failing is so important and more importantly how it leads to real success in life. He also goes into detail about the this real issues he’s overcome on his way to success and how others can apply what’s learnt in really practical ways. I really related to his quirky personality, fun loving spirit and easy to follow advice.
One of the things I’ve taken on board is his use of affirmations. I’ve been using them to help me grown my Merch business and keep me focused to build my business to a $1000 a month passive income stream. Although theres no way to prove affirmations ‘really work’ I believe it helps you focus on what your goal is and how to build real business systems to achieve those goals.
I absolutely love this book. Go get it! (Affiliate Link)
3. The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime – By
I’ve never read a book more than once. However, I can honestly say I’ve read The Millionaire Fastlane 3 times cover to cover. It’s that good. Here’s the thing.. MJ DeMarco has an incredible story of basically taking nothing but an idea and turning it into a 10 million dollar business. I think DeMarco is a realist and he doesn’t talk marketing bs or try and sell you anything. He just gives you the honest truth of what it really takes to make it big.
The Millionaire Fastlane is a seriously long, in depth book that covers almost everything you can think of. That being said it’s never boring and it’s never out of touch with the real world.
DeMarco even questions other Entrepreneur gurus and the messages they preach, and I respect that. If you’re looking for the one book that has it all, does it all and gives you a clear cut way of making it – this is it.
Just so you know, this book would definitely be #1 on my list but I think understanding the mindset of an entrepreneur is really important and that’s why Rich Dad Poor Dad is sitting at number one. I also feel that this might be information overload for some people but it’s still highly recommended!
4. Will It Fly? How to Test Your Next Business Idea So You Don’t Waste Your Time and Money – By Pat Flynn
Ahhh, Pat Flynn. What an absolutely legendary guy he is. If you haven’t already checked the Smart Passive Income you’re seriously missing out on one the best online resources out there.
Will it Fly is the perfect book for anyone who is unsure if their next business idea has the potential to make it big or not. In my opinion Pat is the most approachable, straight up guy in the online entrepreneur space ever. I can’t speak more highly of someone.
Will it Fly is the book to read once you’ve changed your mindset and decided to delve into the wide world of online business. He talks you through finding your ‘people’ and having 1000 true fans to sell to. I wish I had Will It Fly about 10 years ago when I was undecided what career path to take because I know it would of helped me tremendously. Even if you don’t buy Will it Fly, take the time to either read Pats blog or listen to his Podcast. In 2016 when we travelled overseas, I downloaded 20+ episodes and listened to them on flights. It was one of the best things I ever did to helping make the decision to start an online Print on Demand business.
So if you’re reading this blog and you’re thinking about taking the next step, get Will it Fly. You won’t regret it!
5. The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich by Tim Ferris
Tim Ferris is a pretty amazing person. The first time I read through the 4 hour work week I was blown away by what he’s accomplished with his life. The thing is, Tim shows you how easy it is to live a life of freedom and join the ‘New Rich’ or NR as he calls it. I’ve read through the 4-Hour workweek 3 times and every time I read it through I find another golden nugget that I missed the last time.
One of the biggest take away’s from the book is how to use outsourcing and VA’s (Virtual assistants) to help you run your business, answer your emails, and do medial tasks that trap you to your computer and emails. I’ve applied what Tim talks about and changed my work flow to have designers do my T-Shirt designs to free up my time to do more important things.
I know for a lot of people, the 4-Hour work week would be at the top of their lists. It’s the book that changes everything. Tim’s story shows you the how he went from working insane 15 hour days thinking he had to do everything himself to working only a few hours and week and making more than ever. I had a really hard time trying to work out what book would be number one on my list, but I think understanding how to change your mindset is the first step for most people so Rich Dad Poor Dad just bump 4-hour work week down to number 5. I’d also highly recommend the audible version of the book too because sometimes the language can be a bit confusing 🙂