@fmarciano - Fabio | Money ain't wealth
I was 25. I was broke. I became a millionaire at 36. Here are the 10 books that changed my life, (and will change yours too):
@fmarciano - Fabio | Money ain't wealth
1. The Millionaire Next Door 7 common traits among real millionaires, not the fake rich. Lessons: • Anyone can do this, even me • Investing > lavish spending • Disciplined habits are key • Live below your means • They're entrepreneurs https://amzn.to/3p0SrhZ
@fmarciano - Fabio | Money ain't wealth
2. Rich Dad, Poor Dad Challenged financial norms. Lessons: • Get passive income • Become financially literate • Your house is not an asset • Assets put $ in your pocket • You don’t need a high income https://amzn.to/3qCWdig
@fmarciano - Fabio | Money ain't wealth
3. The Automatic Millionaire A couple earning $55K became millionaires. I was hooked. Lessons: • Pay yourself first • Automate savings & investments • Your financial plan - set it & forget it • Watch small daily expenses - the "Latte Factor" https://amzn.to/43LFuYa
@fmarciano - Fabio | Money ain't wealth
4. The Millionaire Fastlane Why frugality and jobs is a loser proposition. Lessons: • The mindset of winners • Leverage your way to wealth • Businesses get you in the Fastlane • Solve problems & fulfill market needs
@fmarciano - Fabio | Money ain't wealth
5. One Up on Wall Street This was the start of my stock-picking training. I got to meet Lynch in college. Lessons: • Evaluating winning stocks • Finding the best opportunities • Why amateurs can beat the pros • The power of “ten bagger” stocks https://amzn.to/3P1bmUv
@fmarciano - Fabio | Money ain't wealth
6. Early Retirement Extreme WOW kind of book. Lessons: • A really frugal lifestyle • Develop multiple income streams • Challenge societal norms & consumerism • Embrace self-sufficiency & learn practical skills 👉 You can retire in 10 years or less https://amzn.to/3CmGtTe
@fmarciano - Fabio | Money ain't wealth
7. Rise: 3 Steps for Advancing Your Career • I read this book. • Got promoted 6 months later. • It works. Lessons: • Do Better: Prioritize & do strategic work • Look Better: Build your credibility • Connect Better: Develop your network https://amzn.to/45S8RtH
@fmarciano - Fabio | Money ain't wealth
8. The Talent Code Science behind skill development and reveals key factors for mastery in any field. Lessons: • Deep practice leads to skill mastery • Seek out the right mentors & coaches • Cultivate a growth mindset & embrace failure https://amzn.to/42xz3H9
@fmarciano - Fabio | Money ain't wealth
9. The 4-Hour Workweek So many concepts to cover! Lessons: • Don’t be the fat man in a red convertible • Maximize personal freedom and enjoy life • Embrace automation & delegation • Ahead of its time on remote work • Focus on efficiency & key tasks https://amzn.to/43y0xh6
@fmarciano - Fabio | Money ain't wealth
10. Good to Great (GTG) How any company can become great. Lessons: • Hedgehog Concept • Culture of Discipline • Level 5 Leaders: What great leaders really look like • Flywheel & the Doom Loop: Radical change doesn’t work. Amazon’s famous Flywheel. https://amzn.to/42z205J
@fmarciano - Fabio | Money ain't wealth
11. Moneyball The revolutionary approach to baseball - use of stats and analytics Lessons: • Challenge traditional methods • Embrace data-driven decision-making • You don't need a lot of money to compete • Recognize undervalued assets to gain an edge https://amzn.to/3p3ThdQ
@fmarciano - Fabio | Money ain't wealth
The books that built my wealth: 1. The Millionaire Next Door 2. Rich Dad, Poor Dad 3. The Automatic Millionaire 4. The Millionaire Fastlane 5. One Up on Wall Street 6. Early Retirement Extreme 7. Rise 8. The Talent Code 9. The 4-Hour Workweek 10. Good to Great 11. Moneyball
@fmarciano - Fabio | Money ain't wealth
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