I've Read 350+ Business Books, These 5 Made Me Rich

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  • Опубликовано: 10 фев 2025
  • In this video, Ken McElroy delves into five books that have impacted my life and business, helping me grow to over 300 employees and a 10,000-unit real estate portfolio. These books cover essential themes like honesty, self-awareness, and strategic thinking, offering invaluable lessons for both personal and professional development.
    Ken has a real estate strategies podcast! Follow your favorite platform each week.
    Apple Podcasts: apple.co/3jDqftx
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    Follow Ken on social media at: x.com/kenmcelroy
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    Be sure to click the bell to be notified as soon as the next informational video is posted!
    Visit Ken's Bookstore: kenmcelroy.com...

    ABOUT KEN:
    Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
    Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
    Ken's company: mccompanies.com/

    DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.
    Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’
    Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.
    Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.
    All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
    2024 KenMcElroy.com, LLC. All Rights Reserved.
    #kenmcelroy #realestate #realestateinvesting #selfimprovement #business #entrepreneurship #personalgrowth #realestate #bookrecommendations #MScottPeck #TheRoadLessTraveled #honesty #selfassessment #NapoleonHill #ThinkAndGrowRich #specializedknowledge #generalknowledge #StevenPressfield #TurningPro #professionalhabits #RyanHoliday #EgoIsTheEnemy #selfawareness #ChrisVoss #NeverSplitTheDifference #negotiationtechniques #businesssuccess #personaldevelopment

Комментарии • 88

  • @KenMcElroy
    @KenMcElroy  8 месяцев назад +30

    If you want to support the channel, I humbly ask you to share this video with someone you think would benefit. It would really help us out.
    Thank you!

    • @andreasdej3892
      @andreasdej3892 8 месяцев назад

      Dispari

    • @mr.elastomeric1787
      @mr.elastomeric1787 8 месяцев назад +1

      You have some beautiful properties if you ever think about coating them; don't put SILICONE on them it's the most god awful product ever made. Put it on my own house 20 years ago. For about five years I tried every product/ procedure nothing sticks to it. Silicone doesn't stick to it. I;m in Fort Lauderdale. Great content you put out; on video number 6. Thanks Ken.

  • @w.shawnconway9619
    @w.shawnconway9619 8 месяцев назад +182

    1. The Road Less Traveled
    2. Think & Grow Rich
    3. Turning Pro
    4. Ego is the Enemy
    5. Never split the difference

  • @desertdc123
    @desertdc123 8 месяцев назад +6

    0:16 The Road Less Traveled - M Scott Peck (1978)
    3:36 Think & Grow Rich - Napoleon Hill (1937)
    6:06 Turning Pro - Steven Pressfield (2012)
    9:37 Ego is the Enemy - Ryan Holiday (2017)
    11:50 Never Split the Difference - Chris Voss (2017)

    • @JosephLopezDearborn
      @JosephLopezDearborn 16 дней назад +1

      Wow, thanks. That’s a great job appreciate the time you took to do that..

  • @williamdemartino3386
    @williamdemartino3386 8 месяцев назад +24

    I don’t comment on many videos. Ken I find your transparency and desire to teach very compelling. I am grateful for your teaching.

  • @RichieRichIIII
    @RichieRichIIII 8 месяцев назад +12

    This could be the most important channel on RUclips today. ✅

  • @israelcastaneda840
    @israelcastaneda840 8 месяцев назад +46

    A mentor told me instead of thinking of your dream life write down your nightmare life & see the difference. What choices are you making that will lead you to the nightmare life? What will lead you to your dream? Words to live by.

    • @jameswalker366
      @jameswalker366 8 месяцев назад +1

      That’s what Charlie Munger calls ‘inversion’. “Invert, always invert”

    • @maxwellspeedwell2585
      @maxwellspeedwell2585 8 месяцев назад +1

      Thanks for that helpful comment!
      If there is a beautiful woman who is everything I ever dreamed of, how fast could I run to her? If there is a hungry grizzly bear behind me, how fast could I run from him? Truly, running from horror is more impetus than running to desire. Especially a desire that is an undefined target.

    • @dvega5657
      @dvega5657 8 месяцев назад

      Great example!

  • @J4reyTampa
    @J4reyTampa 8 месяцев назад +6

    Thanks Ken! I am happy to have you as one of my RUclips mentors.

  • @vivekkakaria5763
    @vivekkakaria5763 8 месяцев назад +3

    Thanks for being open and sharing your journey and how we can become better human beings in our personal and professional lives.

  • @jbrandonporter
    @jbrandonporter 8 месяцев назад +5

    Chris was amazing at Limitless last year. Bought Never Split the Difference right after listening to his speech. It was well worth it.

    • @marksimon8393
      @marksimon8393 4 месяца назад

      I was at the recent limitless conference in Texas and I found a lot of value there, met Ken took a picture with him. Super nice guy.

  • @richarddamien4654
    @richarddamien4654 8 месяцев назад +192

    I enjoyed this content. Although I have been watching less yt and doing more research. My retirement contributions are not making my 401k any better, should I buy popular index funds in a brokerage account, is this a better alternative to outperform and rebuild my retirement?

    • @patrickjones1392
      @patrickjones1392 8 месяцев назад +12

      My suggestion to any investor old or new is to get a mentor and don’t just go buying stocks without proper considerations. Most of what is pumped out by the media is what most RUclips ‘fin-entertainers’ churn out to you as fear uncertainty and doubt.

    • @tammystut
      @tammystut 8 месяцев назад +4

      Agreed. That and reading some basic principles laid out in books like The Intelligent Investor by Benjamin Graham. There are also good RUclipsrs out there like Felix, Graham Stephan, Humphrey Yang and a few others, but generally you are right.

    • @clementdan9417
      @clementdan9417 8 месяцев назад +7

      Its unclear which stocks and sectors will lead the market in the next uptrend. Stay away from the stock market if you do not have guidance from a plannner and investment strategist. My finances have been in order since I got a wealth planner like Monica with a 600 B AUM working for me.

    • @richarddamien4654
      @richarddamien4654 8 месяцев назад +4

      Who is this monica you speak about? I have also been searching for a fin-adv who can direct us on where the economy is headed new year. I don’t live in a big city.

    • @clementdan9417
      @clementdan9417 8 месяцев назад +7

      There are many independent advisors to choose from. But I work with Monica Mary strigle and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements.

  • @findfundfixflip4fgroup
    @findfundfixflip4fgroup 8 месяцев назад

    Ken ,
    I appreciate you very much. I'm taking a better look at my self. The way are you evaluate myself and how I approach moving forward.

  • @samhiss6807
    @samhiss6807 19 дней назад

    Thanks for the mentoring. God bless you

  • @TruthInspector
    @TruthInspector 8 месяцев назад +1

    I think we are rapidly coming to a point where none of this will matter. I admire your balanced approach and your willingness for self analyzation. At the end of the day all that matters is to know where you're going when you die. Will it be heaven or will it be hell? This life is but a breath

  • @alphabeta8403
    @alphabeta8403 8 месяцев назад

    3:35 Think and Grow Rich
    11:50 Never split the difference
    13:55 The 7-38-55 Rule
    15:00 Takeaways

  • @jonm57
    @jonm57 8 месяцев назад +1

    This guy has great advice. Wise. It’s amazing how so many teenagers and 20-year-olds are trying to give advice to the world.

  • @arnocuban
    @arnocuban 8 месяцев назад

    Ken, you provide incredibly good content in real estate, business and life in general.
    Thank you

  • @monkeyfinger7949
    @monkeyfinger7949 5 месяцев назад

    Ken, thank you for your videos. I have learned a lot from you and really appreciate the information.

  • @tenminutetravelbreak
    @tenminutetravelbreak 8 месяцев назад +5

    I recognized that name, Steven Pressfield, from something else he wrote (had to look it up - 'War of Art'). I'll have to get this other book you refer to, Ken.

  • @Puravidaselect
    @Puravidaselect 8 месяцев назад

    Hi, Ken,
    I love this material. You are a great teacher and role model! Thank you

  • @denniscarr-home-solutions
    @denniscarr-home-solutions 8 месяцев назад +2

    Ken, thank you for sharing and breaking down your value takeaways from each. I took notes, and will purchase these. Some I have had on my purchase list already.

  • @finiteloops8610
    @finiteloops8610 8 месяцев назад +6

    Superb video. Sure I've read one or two, but haven't thought about them in years. You've inspired me to do a lot more reading. This of course means less movies... which, these days, are continually disappointing to me... so your friendly advice has come at a good time. Thank you!

  • @bigsireric
    @bigsireric 8 месяцев назад

    Can't wait to get started on these books!!!

  • @zhenshan456
    @zhenshan456 8 месяцев назад +2

    IMO, to be rich(er) is not that important at your level but you still want to share your experience and still learning things to push yourself to a better person. You definitely made a well role model to us whom are figuring out things and want to be a better version of us as well.

  • @Mckcvision
    @Mckcvision 8 месяцев назад +2

    Ken, thanks for introducing the book - never split the difference. I subscribed to the Masterclass last month and learnt alot of negotigation techniques from Chris Voss. He is a former FBI agent.

    • @KenMcElroy
      @KenMcElroy  8 месяцев назад

      Awesome, thank you!

  • @xXyasabeXx
    @xXyasabeXx 8 месяцев назад

    Hi Ken, thanks for all the valuable information your giving us.
    What are you thoughts on psychedelics?

  • @rossferguson5786
    @rossferguson5786 8 месяцев назад +1

    Thank you Ken. Great video. Shocked that Rich Dad Poor Dad, didn’t make the list.

  • @delboydad5233
    @delboydad5233 6 месяцев назад +1

    Hi Ken,
    I would absolutely love to start my property venture.
    In a $400,000 apartment what would be your target money rental range. ?
    The reason I’m asking this in all honesty is because my daughter is at the University of Edinburgh Scotland, and is struggling massively to find an apartment to rent, I’ve looked into buying a 3 bedroom flat / apartment which would be in the region of around £400,000 GBP.. I don’t know how to start with using OPM as most mortgages require 75% LTV. If Buy to let under my name & unfortunately will not consider the students for mortgage as they have part time jobs and do not take into account Student loans.
    She is 19 and is fully aware this would be a great opportunity to compound from a young age it’s just seems the whole system is stacked against progression for students and low income families, ( myself ). …
    Ps scammers don’t bother saying contact me. 🙄…
    Thanks in advance for any help, advice or guidance 👍

    • @Narry-q9m
      @Narry-q9m 5 месяцев назад +1

      Your best option I think from where you are financially....is to buy,flip repeat until you are in the position where you don't need OPM...Seek God's Guidance.. peace

  • @iragenaemmanuelofficial
    @iragenaemmanuelofficial 8 дней назад

    Thank you ken

  • @leeroach3381
    @leeroach3381 8 месяцев назад

    Very helpful Thank you for sharing

  • @davidr4523
    @davidr4523 8 месяцев назад

    Great list, but Robert Kiyosaki will not be happy that his book "Rich Dad Poor Dad was not mentioned. I would have included his book along with
    Think & Grow Rich, 7 Habits of Highly Effective People, E-Myth, Getting to Yes. Honorable Mention: Getting Things Done/Lean Startups/Execution/How to Win Friends and Influence People

  • @elizabethmcalister449
    @elizabethmcalister449 8 месяцев назад +3

    You make money... I'm listening!

  • @MusabTheMachine
    @MusabTheMachine 8 месяцев назад

    All Areas Balanced ⚖️⚖️⚖️

  • @clareinc2009
    @clareinc2009 7 месяцев назад +1

    Some one with so much money, why keep going? Help me understand

  • @russandrews3078
    @russandrews3078 8 месяцев назад

    Thank you!!!

  • @hansdampf3468
    @hansdampf3468 8 месяцев назад +1

    Well, and in school or university you get taught to focus on your strength not on your weaknesses. And people wonder why they are stuck in one specific job afterwards.

  • @ToniEvanu
    @ToniEvanu 8 месяцев назад +1

    Let’s goooo Ken!!!!

  • @EyesnBrody
    @EyesnBrody 8 месяцев назад

    Chris Voss is fantastic

  • @TheSwissViking
    @TheSwissViking 8 месяцев назад

    "Lock in" -Ken

  • @realestatejunkie0414
    @realestatejunkie0414 7 месяцев назад

    Steven Pressfield is da man

  • @bombbbesttestt23
    @bombbbesttestt23 8 месяцев назад

    I believe u I’m where I’m at in life as far as I am because of books 😂😂😂😂thanks ❤❤❤

  • @BScott-hi2hc
    @BScott-hi2hc 8 месяцев назад +3

    Currently reading 'think and grow rich' ive always said so much of this doesn't apply to me. So ive decided to make it apply to me. Change of mind=change of life.

    • @certifiedfinest5065
      @certifiedfinest5065 8 месяцев назад +1

      As the book helped?

    • @BScott-hi2hc
      @BScott-hi2hc 8 месяцев назад

      @@certifiedfinest5065 well I'm not rich yet...lolll honestly the book that has helped me the most was Rich Dad,Poor Dad. I'm just a regular employee,but now I'm starting a business and currently about to start the process to get my first investment property. Also helping my wife scale her business.

  • @johnyang1420
    @johnyang1420 8 месяцев назад

    Nice books

  • @dimitristripakis7364
    @dimitristripakis7364 8 месяцев назад +1

    Meanwhile, this is one of the people responsible for your housing crisis lol

  • @paultexasusa
    @paultexasusa 8 месяцев назад +2

    Diamond Ideas.

  • @gregg2097
    @gregg2097 4 месяца назад

    think and grow rich was not written by napolion hill, the book that napolion wrote, before henry ford took it off the shelves and butchered it, and renamed it think and grow rich, was the law of success, in 15 lessons, written in 1925 and can only get from amazon usa, and it is a black covered hard cover

  • @EcomCarl
    @EcomCarl 8 месяцев назад

    Embracing these principles can truly transform someone mindset, enhancing their leadership skills. 📚

  • @MrEast900
    @MrEast900 8 месяцев назад

    The generalized versus specialized knowledge slide completely contradicts what McElroy said. The slide says generalized knowledge is not enough for wealth while McElroy says it is

    • @johnyang1420
      @johnyang1420 8 месяцев назад

      I know!!!!

    • @scottcoleman5088
      @scottcoleman5088 8 месяцев назад

      That is very weird .... spoken reverse.

    • @MrEast900
      @MrEast900 8 месяцев назад

      Someone will need to read that book to see which one is correct

  • @mattheusser1390
    @mattheusser1390 8 месяцев назад

    You don't find "Never split the difference" icky and manipulative? I mean, he tried to "trip you up" using the techniques ... that's ... that's icky, right?

  • @hashimsalim2665
    @hashimsalim2665 8 месяцев назад +2

    great

  • @glenncavett9953
    @glenncavett9953 8 месяцев назад +1

    You may want to take another look at the chapter on specialized knowledge. The book teaches the opposite of what you explained.

  • @jomedial
    @jomedial 8 месяцев назад

    When were you officially rich & financially free? Can I achieve this before my 30s?

  • @DCC72
    @DCC72 2 месяца назад

    Business and real estate expertise is one thing. Personal self help books can be discarded for ONE: the Bible.
    The Bible is the general book for humans. Ego, and other human traits are accurately covered not theoretically covered.
    Eternally relevant not temporarily relevant.

  • @chazlyle41
    @chazlyle41 8 месяцев назад

    Am I the only one who found Think and Grow Rich (and How to Win Friends and Influence People) to be one simple point drawn out into several chapters?

    • @certifiedfinest5065
      @certifiedfinest5065 8 месяцев назад

      Yeah I stopped reading both after a couple chapters… might be missing out though…

    • @chazlyle41
      @chazlyle41 8 месяцев назад

      @@certifiedfinest5065 I read both through but felt they were pretty basic ha

  • @dropoutandretireearly1781
    @dropoutandretireearly1781 8 месяцев назад

    DAVE RAMSEY'S BOOK MADE ME REALLY RICH !!!! LOL !!!!!

  • @slmn48
    @slmn48 8 месяцев назад

    Really interesting @KenMcElroy