While it may not be the stated or top priority for most of us becoming a millionaire is something very few if any could turn away from if they had the option. For those, like me, who have not tasted millionaire status yet any information that can help us along the way is extremely valuable. Many who have reached that status credit books and reading as one of the activities that got them there. In trying to construct a list of 10 must-read books I ended up with 20. I failed to cut the list down and could’ve easily come to 30. So there will be a follow up to this post with 10 more books for aspiring millionaires. For now, let’s get into our list. In no particular order.
Millionaire fast lane by MJ De Marco
The title may be a little off-putting to some but fortunately, we don’t judge a book by its cover or title. DeMarco has a simple message, you can follow the advice of people who are most likely not millionaires or you can tear up the guide book and tread the path of those who have. The path of those who have is shorter and with his approach a fulfilled one.
The richest man in Babylon by George Clason
The Richest Man in Babylon is one of the greatest texts on personal finance to exist. What is being a millionaire if not excelling at personal finance. Preferred by many for its simplicity the book is worth more than one reading. With each reading, the concepts take on a new deeper meaning unlocking the next level in your personal finance journey.
Rich dad poor dad by Robert Kiyosaki
Robert Kiyosaki started somewhat of a revolution with this book which may well be the most popular books on personal finance. Financial literacy is a handy skill for an aspiring millionaire to possess. Kiyosaki’s ideas will focus you on understanding the system you find yourself in.
Think and grow rich by Napoleon Hill
Despite its somewhat misleading title, this book focuses your mind on creating the right conditions through action for wealth. The text remains a popular recommendation in millionaire lists. It is incredibly practical.
The 10x Rule by Grant Cardone
One of the more recent entries on this list Grant Cardone’s approach is simply unmatched. The 10 X rule is more of a philosophy that will change the way you do things and your output. If you’ve questioned if you’re doing enough or the results you’re getting this is the one to start with.
The obstacle is the way by Ryan Holiday
We’ve all heard before that success comes from solving problems. Ryan Holiday’s book is about mindset and how a stoic mind can get more done especially in a world where we are inundated with distractions and what seem like complexities that complicate everything we try to do.
The 7 habits of highly effective people by Stephen Covey
The late Dr Stephen Covey gave us one of the greatest texts on leadership. His approach to being effective in your personal life and professional pursuits is probably the most important thing and if you only read one book in your life I would recommend it be this one. Another book that warrants multiple readings as it builds on the previous reading to strengthen your leadership muscles.
How to win friends and influence people by Dale Carnegie
To make a million you’re going to have to make a few friends or at least connections. How to win friends and influence people gives you practical skills in getting along with incredibly effective people. Even if you aren’t particularly looking for friends you will still have to forge connections with customers, investors, partners and many other types of people.
The one thing by Gary Keller
The one thing is a text that breaks down success, especially on a large scale to one thing. While it’s easy to look at million dollar business ideas and get overwhelmed by the various things under their umbrella it is a universal truth that they all got there by doing one thing. One thing extremely well and grew from that.
Principles by Ray Dalio
This book distils the experience of investment expert Ray Dalio in principles. Dalio suggests that these principles can be followed to financial success as a system to live by. It is hard to argue with the man’s track record and how he puts forward his ideas. You do not get to a million-dollar net worth simply through earned income, investing is a.big part of it.
How many of these have you read so far?