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Posted about 8 years ago

Books! Books! Books!

Folks have asked me where should I start in terms of books since everything that comes from a BP legend needs to be taken in context. Here are the fab four books and trifecta of business books that everyone should read IMHO:

Books - In this order
1) Rich Dad Poor Dad
2) Millionaire Real Estate Investor
3) Cashflow Quadrant
4) Equity Happens
Any more is just overkill.


Business Books
1) 4-hour workweek
2) E Myth
3) Think And Grow Rich (read this again and again, all the Gurus regurgitate this book)

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*Some people like to use "oh I need to read and get more educated" as a crux to not step up and take action. May Human Resources departments uses a theory of 70-20-10 where 70% is learned by doing, 20% by peers, and 10% is academic/book/classroom training. Don't be that shelf-help guy.

*Tim Ferris talks about the $100,000 MBA, where you don't really go out to school but you jump right in with your business/investment and might operate at a loss. Heck you might lose $100,000 but you will have far more experience than getting that silly MBA degree from some school.

*Why would someone want to spend $20-30K on training when that alone is a down payment on a cashflowing property that you can learn through doing and make 300-400 a month cashflow. Heck you could even buy a turnkey property from a crappy re-seller on Biggerpockets and still make money and get your education that way too.

Link to original post:

https://www.biggerpockets.com/forums/12/topics/285...

More at my blog!




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