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Last Updated on June 25, 2019

5 Books You Must Read if You Want to Be a Millionaire in Your 20’s

5 Books You Must Read if You Want to Be a Millionaire in Your 20’s

Millionaires and billionaires read more than you think. In fact, the likes of Warren Buffet are said to read 1.000 pages a day. As the old saying goes “There’s no smoke without fire”; so, start off with these 5 incredible books!

1. The 48 Laws of Power

48-laws-of-power

    “If you are unsure of a course of action, do not attempt it. Your doubts and hesitations will infect your execution. Timidity is dangerous: Better to enter with boldness. Any mistakes you commit through audacity are easily corrected with more audacity. Everyone admires the bold; no one honors the timid.”

    On your journey to becoming a millionaire in your 20’s, there will be many people trying to manipulate you into doing what they want. This international bestseller by Robert Greene is the widely read by those in the entertainment industry because of its dog-eat-dog environment. This book is a must-read for anybody who wants to claim power and keep it. it’s a fun read that tells the story of some of the most powerful people in history.

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    An example of a law of power is: Always say less than necessary.

    • When trying to impress, the more you say the more common you look and less in control.
    • Be vague.
    • Powerful people impress and intimidate by saying less.

    2. Influence: The Psychology of Persuasion

    influence-the-psychology-of-persuasion

      “Often we don’t realize that our attitude toward something has been influenced by the number of times we have been exposed to it in the past.”

      This book explains the core strategies people use to influence others using real world examples. Robert Cialdini’s book goes over human quirks like the need to be consistent, and how you can use that in your marketing strategy to make more money. “People’s ability to understand the factors that affect their behaviour is surprisingly poor,” Cialdini says, “which leads to people making poor decisions without realising why.”

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      Cialdini includes real world examples of why people join cults, buy certain jewellery, or give to charity.

      3. Blue Ocean Strategy

      blue-ocean-strategy

        “Value innovation is the cornerstone of blue ocean strategy. We call it value innovation because instead of focusing on beating the competition, you focus on making the competition irrelevant by creating a leap in value for buyers and your company, thereby opening up new and uncontested market space. Value innovation places equal emphasis on value.”

        This book argues that leading companies don’t succeed by battling competitors in “Red Oceans”, but by creating “Blue Oceans” where they have uncontested market space to grow. It goes over case studies like “Cirque Du Soleil” who created a blue ocean by creating a circus platform that didn’t include animals or more than one act on at once but instead, decided to focus on talented performers and music who created a mystical storyline.

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        4. The Fountainhead

        the-fountainhead

          “A man’s spirit is himself. That entity which is his consciousness. To think, to feel, to judge, to act are functions of the ego.”

          The Fountainhead takes place in the United States, mostly in New York City, during the 1920s and 1930s. Billionaire Mark Cuban named his yacht “Fountainhead” after this book. This classic novel is about the struggles of an innovative architect named Howard Roark and his effort to achieve success on his own terms. Many entrepreneurs are inspired by this book because it depicts how you should be uncompromising when it comes to your vision and your goals. If you follow this way of life, you develop the ability to change the world and creating something unique.

          5. The Compound Effect

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          the-compound-effect

            “Do you know how the casinos make so much money in Vegas? Because they track every table, every winner, every hour. Why do Olympic trainers get paid top dollar? Because they track every workout, every calorie, and every micronutrient for their athletes. All winners are trackers.”

            This book is by Darren Hardy the CEO of Success Magazine, he goes over how it’s the small, seemingly insignificant choices that compound to create success or failure over time. No one has a plan to be broke and fat but that’s what happens when you don’t have a plan and go along the path of least resistance. Hardy argues that you cannot improve something until you measure it and to always take 100 percent responsibility for everything that happens to you.

            So, those are five books you must read if you want to give it a try to become a millionaire in your 20’s. What are the best books you have ever read? Leave a comment and share these life-changing books with your friends to help them become successful like you.

            Featured photo credit: Bill Gates Foundation via businessinsider.com

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            Lifehack Reads is the curated collection of our favorite books, carefully categorized and sorted by our Editorial Team.

            5 Books You Must Read if You Want to Be a Millionaire in Your 20’s 27 Must Read Books Every Novel Lover Should Read at Least Once 1 Minute Book Summary: 59 Seconds 2 Minutes Book Summary: How the World Sees You Good Book to Read: What I Know For Sure

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            Last Updated on November 19, 2019

            Work Smarter, Not Harder: 12 Ways to Work Smart

            Work Smarter, Not Harder: 12 Ways to Work Smart

            I imagine that like me, you say that you never have enough time and that you just cannot cope with 60 dozen things all at once.

            How on earth do you get out of that spiral?

            Many people never sit down and look at how to work smarter, rather than harder and even longer hours. But not you, you’re smart enough to try to learn effective ways to work.

            So how to work smarter not harder? Here are 12 smart ways you should be following:

            1. Improve Your Time Management Skills

            Easier said than done? Well, no actually, because there are a few simple rules that can really help you to manage time better.

            For example, when setting up a top priority task, you need to switch off the phone and ignore your email first. Then you need to abandon any ideas of multitasking as that will slow you down and ruin your focus.

            Finally, set a reasonable deadline and do everything in your power to meet it.

            “When you’re born, you’re born with 30,000 days. That’s it. The best strategic planning I can give to you is to think about that.” — Sir Ray Avery

            2. Speed up Your Typing and Use Shortcuts

            These days we’re all keyboard slaves. So why not speed up your typing and try to get rid of the two finger syndrome. In fact, when you save 21 days per year just by typing fast!

            This is exactly what I am doing now, so I cannot honestly say I am practicing what I preach!

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            But help is at hand. Try some of these apps and games to help you type fast: 8 Most Effective Games and Apps to Learn to Type Fast

            Using shortcuts on the keyboard is another time saver and can speed up your work.

            For example, press F2 to rename a selected file, while CTRL + I will put selected text in italics.

            There are so many of these. If you make the effort to learn them, they really can be helpful.

            3. Learn How to Use Productivity Tools

            It is well worth downloading all the useful tools and apps that can highly boost your productivity. Take a look at these 18 Best Time Management Apps and Tools and install whatever fits your needs.

            Now that is really a great way of working smarter, not harder.

            4. Use Your Phone Wisely

            Instead of writing emails, sometimes it’s better to pick up the phone and talk to the person responsible. It saves time, especially for important or urgent discussions.

            If that colleague works in the same office, it is even better to go and talk to him or her. It gives you a break, you get some exercise and you actually make human contact which is becoming quite rare in this electronic world.

            5. Keep a Tab on Your Tabs

            If you are like me, you might well find that you have a ton of tabs open at the top of your browser.

            In order to find the one you want, you have to search for them as they are off screen. Having all these tabs open slows down your browser too.

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            One solution is to use OneTab which can keep a neat list on the screen of all these tabs when you want to quickly get to one of them or you want to remind yourself which ones you have open.

            6. Use a “To Don’t” List

            We all know about to do lists and I find that they are generally great. They give me a great sense of achievement as I cross off the tasks done.

            But often, I find that we are doing non-essential tasks or ones that can easily be postponed. That is why many people recommend the to don’t list.[1]

            Some people prefer to savagely prune the to do list while others prefer to have two separate lists, to do and to don’t. You just have to work out what works best for you when you are trying to save precious time to become more productive.

            7. Expect Failure and Fight Paranoia

            When failure rears its ugly head, some people get a bit paranoid and fear that this may become a trend.

            Projects will go wrong and failure should be expected rather than feared. Learning lessons from failure and analyzing what went wrong is the best way forward.

            “Do not be embarrassed by your failures, learn from them and start again.” — Richard Branson

            And here you can find 10 Great Lessons Highly Successful People Have Learned From Failure.

            8. Be Concise

            Rambling on at meetings, in emails and even when introducing yourself to new clients can waste a lot of people’s time.

            One way is to practice and sharpen your “elevator speech,”[2] which tells people in 30 seconds or less why they need your skills and how they can benefit from doing business with you.

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            Just think of the many situations where this could be useful:

            • Making new contacts
            • Talking about yourself at a job interview
            • Meeting people at conferences or parties
            • Phone calls to new clients

            9. Ask the Right Questions

            “You can tell whether a man is clever by his answers. You can tell whether a man is wise by his questions.” — Naguib Mahfouz

            How do you get feedback? The secret is to ask the right questions at the right time.

            When you do this, you are gathering the information you need to help in decision making. This will save you time and you will be able to cut meetings to a minimum.

            Forbes magazine reports on research that they carried out on asking the right questions.[3] When that happens, the positive effects are increased by 400%. There are also other benefits in staff motivation and a positive impact on the company’s bottom line.

            Lifehack’s CEO Leon has shared about how to ask for feedback to learn faster: How to Learn Quickly And Master Any Skill You Want

            10. Learn as Much as You Can

            You should always be on a steep learning curve. Look at your skills profile and determine where you need to fill a gap. Talk to important connections and network in your niche.

            Keep up to date on trends and developments. It is a fact-changing world. When an opportunity arises, you will be the best equipped to seize it because you have never stopped learning. Just another way of working smarter.

            “Live as if you were to die tomorrow. Learn as if you were to live forever.” — Mahatma Gandhi

            11. Look After Your Greatest Resource

            No, your greatest resource is not time. It is YOU.

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            If you do not get enough sleep, exercise and relaxation, you find that you become less and less productive. You begin to work longer and longer hours, which is the exact opposite of what you want.

            What you should be doing is making sure you are in the best shape. It is useful to remember that you need a break of 15 minutes after every one and a half hours of work.[4]

            Taking breaks and getting fresh air and exercise is one of the best ways of working smarter, not harder.

            12. Don’t Fall into the Trap of Working Smarter and Harder

            As a society, we are obsessed with doing everything smarter so we are more efficient and we save time all around.[5]

            But the most important thing to remember is to accept when we are ready to switch off that computer and not fill up the time with even more work!

            The Bottom Line

            The key to greater productivity is to work smarter, not harder. Working smarter saves precious time and energy for the things that really matter — your life goals, your personal growth, your health and your relationships.

            Stop working for more hours and start working smarter!

            More About Working Smart

            Featured photo credit: Unsplash via unsplash.com

            Reference

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