Tokokoo 468x60

Welcome

Most people are just not oriented to do anything about their ideas, while others believe it would take too much of their time or leave them open to others taking advantage of their original idea and benifiting themselvs. The situation is wide open for the person who can'create' profitable ideas, and then invest some time and money in following through the idea to completion...... MORE

Books of Money Making

Here’s a more detailed overview of some influential money-making books, including key themes and sources where you can find them.

1. "Rich Dad Poor Dad" by Robert Kiyosaki

Overview: This book contrasts the financial philosophies of Kiyosaki’s two "dads"—his biological father (poor dad) and his best friend’s father (rich dad). It emphasizes the importance of financial literacy, investing, and entrepreneurship over traditional employment.

Key Themes:

  • The importance of assets vs. liabilities.
  • The mindset shift from earning a salary to creating passive income.
  • Investing in real estate and small businesses.

Source:

2. "The Millionaire Fastlane" by MJ DeMarco

Overview: DeMarco argues against the "slow lane" of saving and retirement plans, advocating for entrepreneurship as the fastest way to wealth. He outlines a roadmap to financial freedom through scalable business models.

Key Themes:

  • The "Fastlane" mindset of wealth creation.
  • Importance of leveraging your time and skills.
  • Identifying market needs and creating solutions.

Source:

3. "Think and Grow Rich" by Napoleon Hill

Overview: Based on Hill’s study of successful individuals, this book outlines 13 principles for achieving personal and financial success. It emphasizes the power of thought and a positive mental attitude.

Key Themes:

  • The importance of desire and belief in achieving goals.
  • The role of a mastermind group for support and ideas.
  • Persistence as a key factor in overcoming obstacles.

Source:

4. "The 4-Hour Workweek" by Timothy Ferriss

Overview: Ferriss presents a blueprint for escaping the 9-to-5 grind by automating income through online business and outsourcing tasks. The book encourages readers to design a lifestyle that prioritizes freedom.

Key Themes:

  • Principles of lifestyle design.
  • Techniques for outsourcing and automation.
  • Strategies for mini-retirements instead of traditional retirement.

Source:

5. "You Are a Badass at Making Money" by Jen Sincero

Overview: Sincero combines motivational storytelling with practical advice to help readers shift their mindset about money. The book encourages embracing self-worth and overcoming mental blocks regarding finances.

Key Themes:

  • The relationship between self-love and financial success.
  • Practical steps to increase income and financial confidence.
  • Overcoming limiting beliefs.

Source:

6. "The Intelligent Investor" by Benjamin Graham

Overview: Considered the definitive guide to value investing, Graham’s book teaches investors how to make informed decisions and avoid pitfalls in the stock market.

Key Themes:

  • The concept of "margin of safety" in investing.
  • Differences between investing and speculating.
  • The importance of long-term strategies.

Source:

7. "Money Master the Game" by Tony Robbins

Overview: Robbins interviews top financial experts and distills their advice into actionable steps. The book provides strategies for creating wealth and securing financial independence.

Key Themes:

  • Understanding the investment landscape.
  • The importance of diversification and asset allocation.
  • Building a financial plan for the long term.

Source:

These books provide valuable insights into making money, from mindset changes to practical investment strategies. You can find them at major online retailers, and many are also available in libraries. Happy reading!