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Should I actually read this book? What does point #6 mean? Does it mean I should literally go back to school?
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>>51582662
Hopefully the book explains it. I just got my used copy off of EBay and haven't read it yet.
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>>51582662
#6 is probably the best advice from based dad cringe dad. It means get a job not for the wagie paycheck, but to intentionally learn a skill. His example was taking a sales job to learn how to deal with people and stop being a sperg.
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work to learn= learn the skills and tricks of the trade
Clone it, innovate it and start your own shit
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>>51583176
Well it's the classic problem of not knowing which skill. I have a few potential options but not really serious about any of them. Like getting into a trade or some shit for example. Should I just bite the bullet and fucking pick one?
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I have a skill and now I just work minimum wage like everyone else with my skill. Can probably freelance but that's more work.
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>>51583672
I work a shit job in something 110% irrelevant to anything I ever went to school for. I want to get really fucking rich. I'm blessed with a set of circumstances that provide me with a solid safety net. But I want to be my own man and make fucking huge amounts of money and fuck tons of bitches.
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>>51582662
I fucking agree with most of the poor dad statements due to like conditioning or whatever idk. Am I fucking doomed?
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>>51583757
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>>51583616
Pick the one you think you’ll be most motivated to pursue. That’s not the point of the advice. He’s not telling you to get a skill and work a trade, he’s telling you to use your job as a means to become the kind of person that makes lots of money. If your tradie job allows you to become a successful businessman that simply owns a thriving business and reaps the dividends then wonderful. You need to think of things in a horizontally beneficial way ie you have employees and specialists handling the difficult or mundane aspects of your life. For instance, hire a landscaper instead of wasting an entire Saturday pulling weeds. Spend that Saturday learning a new skill or developing a new stream of income. Have a book keeper do your books or an accountant do your taxes. It costs more but you save time and you know it’ll be done right the first time.

If you can have multiple people helping you achieve your goals you can make a hell of a lot more money than if you’re busting your ass all alone on every aspect of your life. This is the true difference between rich and poor people: rich people collaborate and organize as opposed to being a one trick pony destined to work for a boss-man until they retire or die.
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>>51583803
>For instance, hire a landscaper instead of wasting an entire Saturday pulling weeds. Spend that Saturday learning a new skill or developing a new stream of income. Have a book keeper do your books or an accountant do your taxes. It costs more but you save time and you know it’ll be done right the first time.
This is already my mentality in most cases for things like home repairs. My hot water tank broke a few months ago and my inclination was to spend as little time as possible in getting the most reasonable deal to get it done right the first time. I was advised to shop around with multiple places and inquire individually.

> learning a new skill or developing a new stream of income
Well this is the hard part isn't it? These things aren't exactly free. What if I learn all these skills and develop streams of income and nothing happens?

Thank you I am going to purchase the book right now.
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>>51582662
Personally, I think it’s terrible and completely overrated. That faggot only blew up because an mlm shilled his book and his practical advice is dogshit. I’ll save you the read with the only practical summary you should come away with from that book
>Rich people buy assets, poor people buy liabilities
Stay away from those motivational Think Like The Rich conmen.

For business, read
>Personal MBA (Kaufman) - business concepts
>Will It Fly (Knight) - idea validation
>The Lean Startup (Ries) - starting up
>ProfitFirst (Michalowicz) - managing cashflow
>Levers (Schwartzfarb & Boehm) - business optimization
>The Decision Book (Krogerus & Tschäppeler) - personal & business management
>Traction (Wickman) - scaling
>Re-Work (Heinemeier & Fried) - business philosophy
>The Hard Thing About Hard Things (Horowitz) - business philosophy
>How To Lead (Rubenstein) - leadership philosophy
>The Relational Enterprise (Cooper) - business relationships
>Systems Thinking (Gharajedaghi) - business systems
>The 22 Immutable Laws of Branding (Ries & Ries) - marketing

Less for business and more for self development, read
>Principles by Ray Dalio
>Critical Thinking by Jonathan Haber
>Wealth of Nations by Adam Smith
>Art of War by Sun Tzu
>Meditations by Marcus Aurelius
>Poetics and Rhetoric by Aristotle
>The Prince by Niccolò Machiavelli
>The Rebel by Albert Camus
>The Myth of Sisyphus by Albert Camus
>The 4 Engines of Cognition books

All can be found for free on the web if you know where to look. Learn to learn quickly, write well, and speak effectively. Work diligently on bettering yourself. Avoid comparing yourself to your competition or the people around you. Instead, compare yourself to how you were yesterday, the week prior, etc.

t. former co-founder and c-level exec that sold company for several millions and I now spend my free time gambling on NASDAQ with you fucks
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>>51583945
Are these listed in order of priority? Assume literally zero prior knowledge of economics, finance, or money management (because no one fucking teaches this shit in schools and if your parents wont, nobody will).
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>>51583945
I'm going to change my life and make real money. I'm going to retire to a shithole country where my dollar is even more valuable and where I can live like a prophet and a literal god. This is the future I envision for myself.
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>>51584093
The business list is sort of in chronological order.
>goes from learning concepts, starting up, management, and then optimizing & scaling
Personal MBA assumes no prior knowledge of anything economics or business related and serves as a great all-encompassing handbook on business. The decision book serves the same purpose but for basic management.

As for finding “The Idea”: My peers and I formed successful businesses rooted in solving problems that really grind our gears. Normally these problems are relevant to our career fields and we each created a product or service to solve these problems. There’s a saying that goes “the riches are in the niches” and I’ve found it to be true. Don’t be afraid to work a little longer to gain a thorough understanding of the problem you’re trying to solve. Keep in mind that starting a business is one of the most stressful undertakings you’ll ever put yourself through. Just be ruthlessly honest with yourself at all times and keep going to the bitter or glorious end.
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>>51583945
>Learn to learn quickly, write well, and speak effectively. Work diligently on bettering yourself. Avoid comparing yourself to your competition or the people around you. Instead, compare yourself to how you were yesterday, the week prior, etc.
These are all traits I believe I have already although the speaking park could be improved upon. My own dad did Toastmasters or whatever and he's actually rich, but we're estranged at the moment.
>>51584294
There's many things that grind my gears that I could make money from, just not enough money. And I simply lack the knowledge to even know where to begin. All I can realistically do is read, is it worth paying tuition? I have a close-knit, small, group of friends who are also sort of going nowhere in life that I could feasibly convince to join me in doing something. Is teamwork and trust the key? Steve Jobs had a partner, so did Bill Gates.
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>>51583945
actually good advice in /biz/. what the hell lol



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