Research shows that 88% of the rich people read at least 30 minutes a day. The richest person in the world, Bill Gates, reads 1 book a week. The 2nd richest person in the world, Warren Buffett, reads at least 6 hours a day. If it works for them, it can work for you too.
Financial education is not the strongest part of mankind. A lack of a good financial base is often the reason why so many people have financial problems. And that is strange, because there is a lot of good financial information available.
Whether you want to create million dollar company or become highly successful in your field, the best way to get there is to learn from the best. There is no better learning school than the knowledge of a few billionaires.
Insights from Bill Gates, leadership classes from Richard Branson or the financial wisdom from Marc Cuban, if you want to read it, you can learn it. Even Donald Trump lets you learn a thing or two.
There are hundreds of pages waiting for you to you how to conquer the world.
The following books, from personal finance to invest can put you in the front seat so the next 12 months you can become rich.
# 1. “Think and Grow Rich” by Napoleon Hill
Napoleon Hill investigated the behavior of 500 self-made millionaires including famous names such as Andrew Carnegie, Henry Ford and Charles M. Schwab before he wrote this book in 1937. This book is a timeless classic that
# 2. “The Little Book of Common Sense Investing” by John C. Bogle
One of the most effective ways to get rich is by investing. At least, when you know what you are doing. John C. Bogle, founder of the Vanguard Group (the world’s largest provider of ETFs), explains in detail how to invest: simple and efficient.
# 3. “Tools of Titans” by Tim Ferriss
What is needed to become a billionaire? Bestseller author Tim Ferriss writes about the daily routines and habits of those successful people. Ferriss interviewed over 200 highly successful people to unravel the ‘secret’ formula.
# 4. “Rich Dad Poor Dad” by Robert Kiyosaki
Robert Kiyosaki repudiates the myth that you need a lot of money to get rich. He tells the story of 2 fathers – his own father and a friend’s father. He explains how to get rich with a small salary. The father with a high salary is not rich in his story while the father with a small salary succeeds. You can read the book to know what the latter did different.
# 5. “How Rich People Think” by Steve Siebold
Siebold interviewed hundreds of millionaires and billionaires to find out what they’ve done to get rich. He learned that when you want to get rich, you have to think like the rich. And siebold did what he was told, and now he’s a self-made millionaire.
# 6. “The Power of Broke” by Daymond John
Shark Tank investor and founder of FUBU Daymon John started his career with $ 40. He built his business into a brand worth $ 6 billion. But on his journey he had to overcome many obstacles. At one point, as a millionaire, he lost all of his money. Daymond John proved no money at the bank is not an excuse to get rich. Being broke was one big advantage to him. He was becoming more creative and looking for exceptional solutions that learned him the secrets to success.
# 7. “You Can Negotiate Anything” by Herb Cohen
Many people forget that a higher salary can also lead to more wealth. A higher salary is a strategy most people overlook. With this book you can learn how to ask your boss a salary increase.
# 8. “The Money Savvy Student” by Adam Carroll
Making money is just like sport: The offense is the way you make money. The defense is the way you keep your costs low. In this book, you will learn how to keep your costs under control and how to handle your money to earn as much as possible. In the end, you just have to score to win.
# 9. “Not Your Parents’ Money Book” by Jean Chatzky
This book explains how the economy works in a young language. Questions are answered by young people.
# 10. “Loaded: Money, Psychology, and How to Get Ahead Without Leaving Your Values Behind” by Sarah Newcomb
Many young people still think that “living under your means”, means you can’t do anything in life. This book refutes this thought. The basis of your finances will be explained as you are challenged to make a difference between what you need and what you would like. That will make a big difference in your life.
# 11. “The Young Entrepreneur’s Guide to Starting and Running a Business” by Steve Mariotti
This 1996 classic got an interesting update on internet marketing, social media and apps to track your financial footprint. Business plans and strategies are discussed.
# 12. “What All Kids Should Know About Saving and Investing” by Rob Pivnick
This book also is a basis for important personal finance. From the importance of saving to the necessity of a stock portfolio. It’s all explained in clear language and beautiful infographics. They show how beginners can cope with a life full of financial success.
# 13. “The Virgin Way” by Richard Branson
Billionaire Richard Branson himself has never read a book about leadership. But his 50 years of experience gives him an idea or 2 on how to lead a business to success. ‘The Virgin Way’ teaches management, entrepreneurship and how to hire the right people. Branson talks about his successes and his failures.
# 14. “Onward” by Howard Schultz
In 2000, Howard Schultz resigned as CEO of Starbucks to return in 2008. He pulled the coffee chain out of misery and made it a multinational. In this book, Schultz explains how he got Starbucks back on the rails. You can learn how to make difficult decisions, like closing 7,000 stores temporarily. It is a true inspiration for entrepreneurs.
# 15. “How to Win at the Sport” of Business by Mark Cuban
In this book, the billionaire Mark Cuban writes his insights about his entrepreneurship. He writes about the progress he made by leading a company that made him successful. Although he didn’t know much about computers, Cuban spent so much time learning about the software that sold his company that he drove all his competition into destruction. This story tells you what needs to be done to succeed.
# 16. “Business @ the Speed of Thought” by Bill Gates
In the book written by the richest person in the world, technology is linked to business. The book was written in 1999 but is as relevant today as almost 2 decades ago. Using examples such as Microsoft and General Motors, Gates shows how companies use technology to improve their operation.
# 17. “Bloomberg at Bloomberg” by Michael Bloomberg
Michael Bloomberg is the former Mayor of New York and the man that build the Bloomberg empire. He describes how he made career at Salomon Brothers, got fired and used the money of his severance pay to set up Bloomberg. This book is full of valuable, honest insights about leadership and management.
# 18. “Think Like a Champion” by Donald Trump
American president Donald Trump has a book about his own personal and financial successes. Trump combines anecdotes with experiences and inspirational advice. He puts the emphasis on promoting the strongest brand: yourself.
# 19. “Soros on Soros” by George Soros
Georges Soros survived the Holocaust to become one of the most intelligent investors. He combines personal anecdotes with theories about finance and politics. He writes openly about his successes and failures. His controversial opinions makes the book particularly interesting to read.
# 20. “The New Coffeehouse Investor: How to Build Wealth, Ignore Wall Street, and Get On With Your” Life by Schultheis
This book explains the complexity of investing on the basis of 3 principles: Don’t put all your eggs in one basket; there’s no such thing as a free lunch; and save for a rainy day. These are very boring but simple solutions to invest your money successfully.
Farrell provides highly understandable, applicable tips and strategies for investing. It is intended for a wide audience and has been written in a pleasant style. If you only want to read 1 book when you start investing, then this is it.
This is a short but very useful book. It teaches beginners how to start and track their investment portfolio. It also teaches you to avoid common risks and mistakes.
# 23. “The Elements of Investing” by Burton G. Malkiel and Charles D. Ellis
Both authors are among the top experts in their sector. They give seminars and write bestsellers for the financial sector. In this book, they have bundled their strengths to explain everything at an understandable level.
# 24. “How a Second Grader Beats Wall Street: Golden Rules Any Investor Can Learn” by Allan S. Roth
There is a well-known saying that you should only buy shares when you can explain a company’s activity to a child of 5 years old. In this book, Roth explains how investing works to his daughter of 8. He explains the basis of investing and treats complex matter with a simple approach.