In the quest to become a millionaire, the overwhelming advice is to read books that offer insights on wealth building. But with so many options out there, where do you even begin? In a recent YouTube video titled "Insights from 40 Money Books: The Path to Wealth," the speaker shares the condensed core lessons from the top money-making books that have truly made an impact. Drawing from personal experience of going from zero to making tens of millions in the business world, the speaker promises tangible strategies that can take you from zero to a hundred thousand dollars, a hundred thousand to a million, and a million to 10 million dollars if applied correctly. From mastering your mindset to understanding the true definition of wealth, the video delves into key concepts that are essential for anyone looking to achieve financial success. Let’s explore some of the key takeaways discussed in this insightful video.
So you want to become a millionaire and everyone is telling you to read books but hardly anyone’s got time for that luckily over my many years in business I’ve read hundreds of books but there are 40 money making books that have really stuck with me so in this video I’m going to condense all of these books into the core lessons that will actually make you rich and no I’m not just saying this I have experience doing it I’ve gone from absolute zero to making tens of millions and I didn’t make my money on YouTube like most people on here I did it running real businesses so I promise that the things I’m going to share with you today will take you from zero dollars to a hundred thousand dollars a hundred thousand to a million and a million to 10 million dollars if you apply them correctly level one going from zero to a hundred thousand dollars first you need to master your mind I didn’t come from a wealthy background and during my youth I vividly remember people saying the phrase money is the root of all evil secrets of the millionaire explains how these phrases programmers to believe that rich people are the devil it took me a long time to rid myself of the negative feel in my stomach when I thought about making money if I’d have read this book sooner it would have helped me realize this issue earlier once I got over this hurdle I had to ask myself what is money actually for for me the answer was Freedom the psychology of money puts it a little differently and says it’s all about control but I suppose the goal is the same to be able to do whatever you want whenever you want it also touches on how there’s a clear difference between the rich and the wealthy wealth is what you don’t see the car’s not purchased diamonds not bought Renovations postpone closed for gone and first class upgrades declined unfortunately many people don’t even believe that they can become wealthy I remember my school friend saying things like I hope I can get an okay job when I graduate they weren’t even hoping for a good one the magic of thinking big explains that people are setting their Finish Line too soon and therefore never have a shot at being successful while I don’t believe that thinking bigger alone will make you successful it’s certainly the first step I always struggled in school and felt like a failure interestingly when I left and started working in the real world I found that I kept winning this was probably because I chose jobs I had an interest in rather than learning things I didn’t care about at school the winner effect talks about actual studies to back up this phenomenon the book discusses how positive correlation has been found between successful stock market Traders and their testosterone levels furthermore winning increases the testosterone receptors in your brain which causes you to win more in the futur
Q&A
Q: What is the focus of the YouTube video "Insights from 40 Money Books: The Path to Wealth"?
A: The focus of the video is to condense learnings from 40 money-making books into core lessons that can help viewers achieve financial success and wealth.
Q: What personal experience does the speaker have in relation to wealth?
A: The speaker has gone from absolute zero to making tens of millions through running real businesses, rather than making money on YouTube.
Q: According to the video, what is the first step to go from zero to a hundred thousand dollars?
A: The first step is to master your mind and change your beliefs about money, as this is crucial in overcoming negative associations with wealth.
Q: How does the video address the difference between being rich and being wealthy?
A: The video explains that wealth is what you don’t see – it’s about control and freedom rather than flashy purchases like cars or diamonds. It emphasizes the importance of setting goals for wealth rather than just being rich.
Q: What book is mentioned in the video that discusses the importance of thinking big for success?
A: The "Magic of Thinking Big" is mentioned in the video, which explains how setting bigger goals and aiming higher can lead to greater success in life and finances.
In Retrospect
In conclusion, the key insights from the 40 money books discussed in the YouTube video "Insights from 40 Money Books: The Path to Wealth" offer valuable lessons on mastering your mind, understanding the true purpose of money, and thinking big in order to achieve financial success. By applying these principles, you can progress from zero to a hundred thousand dollars, and beyond. Remember, wealth is about more than just material possessions – it’s about freedom, control, and the ability to live life on your own terms. So take these lessons to heart, believe in your potential, and start on your own path to wealth. The journey may be challenging, but with dedication and perseverance, you can achieve your financial goals. Thank you for watching and best of luck on your wealth-building journey.
