I've Read 350+ Business Books, These 5 Made Me Rich
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- Опубликовано: 26 сен 2024
- 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.
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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/
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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.
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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.
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#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
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!
Dispari
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.
1. The Road Less Traveled
2. Think & Grow Rich
3. Turning Pro
4. Ego is the Enemy
5. Never split the difference
Thank you
W post
thanks
Efficient.
MVP. I got three kids I don’t have time to waste
I don’t comment on many videos. Ken I find your transparency and desire to teach very compelling. I am grateful for your teaching.
This could be the most important channel on RUclips today. ✅
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.
That’s what Charlie Munger calls ‘inversion’. “Invert, always invert”
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.
Great example!
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?
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.
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.
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.
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.
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.
Chris was amazing at Limitless last year. Bought Never Split the Difference right after listening to his speech. It was well worth it.
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.
Thanks Ken! I am happy to have you as one of my RUclips mentors.
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)
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!
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.
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.
Ken, thank you for your videos. I have learned a lot from you and really appreciate the information.
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
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.
Ken, you provide incredibly good content in real estate, business and life in general.
Thank you
Hi, Ken,
I love this material. You are a great teacher and role model! Thank you
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.
Awesome, thank you!
Can't wait to get started on these books!!!
Thank you Ken. Great video. Shocked that Rich Dad Poor Dad, didn’t make the list.
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.
As the book helped?
@@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.
You make money... I'm listening!
3:35 Think and Grow Rich
11:50 Never split the difference
13:55 The 7-38-55 Rule
15:00 Takeaways
Hi Ken, thanks for all the valuable information your giving us.
What are you thoughts on psychedelics?
Very helpful Thank you for sharing
Thank you!!!
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.
Some one with so much money, why keep going? Help me understand
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
Chris Voss is fantastic
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 👍
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
All Areas Balanced ⚖️⚖️⚖️
Let’s goooo Ken!!!!
Diamond Ideas.
"Lock in" -Ken
great
I believe u I’m where I’m at in life as far as I am because of books 😂😂😂😂thanks ❤❤❤
Nice books
Meanwhile, this is one of the people responsible for your housing crisis lol
Embracing these principles can truly transform someone mindset, enhancing their leadership skills. 📚
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
I know!!!!
That is very weird .... spoken reverse.
Someone will need to read that book to see which one is correct
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?
You may want to take another look at the chapter on specialized knowledge. The book teaches the opposite of what you explained.
I agree with you
When were you officially rich & financially free? Can I achieve this before my 30s?
Yes
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?
Yeah I stopped reading both after a couple chapters… might be missing out though…
@@certifiedfinest5065 I read both through but felt they were pretty basic ha
DAVE RAMSEY'S BOOK MADE ME REALLY RICH !!!! LOL !!!!!
Really interesting @KenMcElroy
Thanks for being open and sharing your journey and how we can become better human beings in our personal and professional lives.
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.
Steven Pressfield is da man
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.
5:58 Undercover Billionaire episode????!!!!!!