breakthroughs I had reading books

I always refer to books and encourage taking a look into them but you might wonder why haven’t I share anything that’s I read. Well my concern is giving you my wrong interpretation of the original author meaning but today is a risk worth taking because after this you are responsible to confirm my understanding.

Books may say one thing but to us come as something totally different and sometimes we miss the whole point of the writer and we focus on money making books only or novels that’s becomes a form of entertainment ,today we not going to go much into fiction and novels but business books and life books with personal development.
I want to make this point clear the goal in reading a book is not to pass or fail like school or know everything in it but one breakthroughs is enough ,one idea or insight
.

  • From how to invest in real estate by Brandon tenor

This book is supposed to be focused on acquiring houses and all different types of real estates although they end up doing that’s but my breakthroughs came from the behavior lessons they teach first and good financial habits to become a great investor.

My first realisation was 80% percent of your income goes to 20% of expenses every month you need to figure what’s those is and try to consciously direct your funds ,cause at this moment they control you and you cannot take a bank loan without first learning to think critically and logical about your money rather than only relying on your feelings and social pressures.

We all know this is a pareto principle that’s was found by George Pareto in 1952 which states 80% of our efforts lead to 20% of our results and 20% of our efforts leads to 80% of our results the only thing we need to figure out is which 20% is more effective.

This application to all life happenings ,but what’s I found intriguing here was that’s I already knew about the principle but because the examples weren’t made about money I didn’t connect the dots up until this book did.

From crucial conversation*

This is a great book im still reading it too many lessons im going to get , already took something. This book is a research of years which has some human behaviour in it and encourage the necessary skills that’s builds emotional intelligence ,about 3 authors turned consultants wrote this one.

What’s I got we as people when we are in serious conversations with important people in our lives may be boss ,spouse ,parents and so on we tend to be in two modes of trying to solve the differences fight or flight mode ,winning or losing ,making him look bad and cover my ego and so on.

The authors state before talking back out of anger first ask yourself 3 questions 1. What’s do you want 2. What’s my motives especially that’s drives my blood to rush in the first place & 3. Can’t I have the same out come or third solution without making a noise out of ut.

They argue that’s there’s always a third option that’s we are blind to because our emotions and inability to think through our responses blinds us. Mastering this skills is a choice between having a successful meeting and be the only one standing up for the group and not annoy the boss in the process ,is putting in law’s in their place the moment you get merried and still retain their love for your new family. There’s a lot in this book and already something keeps sleeping through my mind.

The cash flow quadrant by Robert Kiyosaki and rich dad team

We all should know Robert Kiyosaki while taking his lessons with a grain of salt he’s all over the internet but this book he didn’t write alone there is a professional business people involved even from real estate but as of writing this the points I want to make seems to keep going back and forth.

With that’s said it’s important to take some notes when reading or listening to a book. This one taught me that’s there are 4 type of quadrants in Life ” E-employee ,S-Self-employed ,B-Business , I-Investor” and they all operate differently in life and their thoughts process and their lifestyle differ a lot and they encourage if people want financial freedom they should focus on B & I .

And made point like if you are an employee E ,you can finance a house for 15-30 years and call it an asset but what’s you don’t know is that’s it’s whose asset yours or a bank ,you got it right a bank because it’s pays the bank money from your salary every month and to you it’s a liability because it’s takes your money.

While if you are in B can make a profit from other people’s efforts from the system you have set up to buy a house in cash while it’s didn’t come as your burden .

You have to read this book because it’s easy to understand while the title make it look like a tough business book ,they touch on taxis as well that’s B- business pay less taxes because of their financial savvy and can always use the money that’s supposed to go to taxes to grow their businesses while S-self employed pay higher taxes then anyone because they don’t create jobs like B and make huge difference in a community and E pays taxes even before they recieve their paychecks from their bosses so already they don’t have control of their finances and lastly I -investing makes money with money and other finance vehicles like stocks ,real estate and mutual funds this one can pay less tax because other investments has high risks and high returns and there are average investors and sophisticated ones like mr Warren Buffet you should also beware of ponzi schemes and get rich quick in I ,.

Unscripted and Fastlane millionaire by Mj Demarco

This are 2 books by the same author you can skip millionaire fastlane if you are in a rush to riches and need tools now because unscripted touches most important aspect of millionaire fastlane.

MJ found his major success in tech space after being in real estate and firstly being a limousine driver here he ended up being a computer programmer making a program that’s made 100 thousands every month till its evaluation lead to millions of acquisitions and made MJ a multimillion and he retired at 30.

The first thing I like about Mj view of the world is unlike most people and the accepted beliefs in our society today he crushes them and from psychological perspective he tries to frees our minds for believing man made dogmas that’s ends up having our lives set up in a certain way.

Like monday to Friday and chill on the weekend for him everyday is the same no boring lazy monday and a crazy weekend ,all is in his control and balance hence he encourage like cashflow quadrant creating system that’s frees our time to do what’s ever we want and when ever we want and not having a boss telling us what’s to wear or which time to go.

In order to achieve this self discipline is vital ,understand the industry you want to generate income from its must have this 4 qualities ,1. Entry barrier – it’s should be a hard market to get into thus less unnecessary competition and wanna bees. 2. Control – if your business run through Facebook for example you are in risk of being out of business if facebook changes it’s algorithms ,that’s why Mj has his own website with like minded people and traffic that’s make him money. 3. Time – What’s you do you should do it once and be able to leave it and maintain it without it requires you to be there everytime ,internet based businesses most are like this now uber and more you buy a car someone else drives it and gives you money.

He hates the businesses that’s rely on too much people because of HR involvement and people have a way of making things complicated but yet encourage business a also a great tool to financial freedom. And Forth is Scale – What’s you set up should be able to scale and make millions because it’s reach millions or it should have a magnitude one sale can be a million e.g royce royce or Ferrari etc.

This is MJ last stand to the worlds ignorance of money because he say a person seeking a financial freedom needs to first have a

difference beliefs about money , and see money as equivalent of value he produces and provides and encourage people to be producers rather than consumers more. This is amazing books the value in them cannot be matched I will really recommend you take the time to read them.

Lastly I want to recommend different books for different reasons

I have a lot of books that’s im reading and have read and I feel like not doing justice if I list the last one rather I will give you names and titles :*Sa tue- The art of War this book taught me that’s ,if you say you going to do something do it or people won’t respect you and you will loose credibility and seem weak

* 48 Laws of power by Robert Green , I read this book as audio book and one of my earliest books it’s easy to understand but at the time I couldn’t apply it to my life but today its a different story.

*25 Laws of doing the impossible by Patrick Bed David ,I saw this guy on YouTube having a valuetainment channel and kept following him until he recommend his book since he was teaching about entrepreneurship he is such an inspiration and he made me see life and business differently.

* DR money guide by Dave Ramsey this book taught me a lot of things about money budgeting ,babysteps saving and most importantly negotiations and my mindset about failure and money.

* African Midwives I forgot the author is the first book In my life in 2017-18 this book literary changed my life and open up me to the world of reading ,its author is a mother it’s taught me more about life and helped me to be able to understand people and be open to then not judge them before I know them , also taught me to know the god role in my life I have been always been a religious person but because that’s what’s we did at home other than that’s I was still a normal person than this book tolds me let’s go and let god.


*How to win friends and influence people by Dell Carnegie ,I have never read a book twice but I owe it to this one its not a manipulative book its a skill everyone should have in order to live with other people productive and effective.

*Think and grow rich by Napoleon Hill this is a famous book it’s too big but I read it in my eary days and its was so fascinating , the thought are what’s make us or break us .

*Rich Dad poor dad by Robert kiyosaki * I read it earlier too and everyone has to its a no brainer the book is famous for a reason. *How to win in a sport of business Mark cuban it’s self explanatory but this billionaire is not doing numbers here he simply tells us how he made it starting from bottom up without loans and stuff , he says you only have to be right once to win big so failure is a normal thing here.

*Hustle Hard hustle smart by 50 cent this one showed me a lot of common things we have challenges with as people like our families are so close to our hearts they can be our downfall as well. *Elon must biography by Ashely vans , the inventor and business man elon must of this era who is still making big things taking us to space and building nice cars a must read.

*Ford biography , Hendry Ford whose a founder of a ford motor company worth millions to day ,his story is word listening to or reading. *Man search for a meaning by Dr Franklin , who was in 3 concentration camps and suffer the nazi oppression during the wars back theb a must read or listening he argues there’s always a meaning behind things that’s happens in our lives good or bad.

*Sepians by Yuvol noah harari , this is history of mankind where we come from till today how we have evolved and build this kind of society we are living in today , I haven’t read a book called homo dues which the author is said to be talking about the future ,a both must read in your lifetime.


*Negotiations without splitting a difference by Chris Voss ,best book on negotiations from a FBI hostage negotiator fun to read and quite humorous.

*Influence the psychology by Rorbet * I might not remember author surname but online you will find this book and others , this one touches our humanly born with triggers in our systems brains to comply and give in or not give in to situation ,reading this book will save you from a lot of psychological trick that’s can be played at you, from buying things you don’t like or need to not being easily manipulated .

The list is endless but im sure I have gave you the great start this mixture will do you good in your life , Novels I will recommend in their own blogs and possibly tv series that’s are educational Thanks for taking the time and reading such a long blog. LnM (ULwaz No Makhula) follow us every where .

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