Search Results for “warren buffett” – Next Luxury https://nextluxury.com The Online Men's Magazine Fri, 28 Jul 2023 05:23:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.3 https://nextluxury.com/wp-content/uploads/favicon.png Search Results for “warren buffett” – Next Luxury https://nextluxury.com 32 32 74 Warren Buffett Quotes https://nextluxury.com/mens-lifestyle-advice/warren-buffett-quotes/ Mon, 31 Jul 2023 19:00:00 +0000 https://nextluxury.com/?p=308946 …]]> In the dynamic and ever-changing world of finance and investment, few names hold as much reverence and admiration as Warren Buffett. Often hailed as the “Oracle of Omaha,” Buffett’s unparalleled success as arguably the greatest investor to have ever lived has not only made him one of the wealthiest individuals in the world but also a beacon of inspiration for aspiring investors and entrepreneurs alike. However, beyond his vast fortune lies a treasure trove of wisdom encapsulated in the form of Warren Buffett quotes, which continue to resonate and guide individuals across various domains.

In this article, we embark on a captivating journey through the profound insights and timeless wisdom distilled within Mr Buffett’s quotes. Delving deep into the Berkshire Hathaway founder’s thoughts on investing, business, life, and success, we aim to uncover the essence of his principles and unravel the secrets that have driven his extraordinary accomplishments.

Warren Buffett’s quotes are not merely snippets of financial advice; they are profound reflections of a mindset that has been honed through decades of experience, learning, and relentless curiosity. Embodying simplicity and clarity, his words offer a glimpse into the brilliance of a man who revolutionized the world of investing by adhering to fundamental principles.

As we traverse through the carefully chosen collection of Warren Buffett’s quotes, we discover how he approaches risk, value, opportunity, and what it takes to become a successful investor. His emphasis on long-term thinking, patience, and diligence forms the bedrock of his investment philosophy, challenging conventional wisdom and offering a unique perspective on wealth creation and preservation.

Beyond the realm of finance, Buffett’s quotes have transcended their original context to become guiding beacons in diverse spheres of life. From leadership and decision-making to the pursuit of knowledge and personal growth, his timeless wisdom imparts valuable life lessons that have the potential to transform one’s outlook on success and happiness. We can glean a deeper understanding of the man behind the quotes and draw inspiration from the resilience and adaptability he has demonstrated throughout his illustrious career. He might not be the richest man in the world but Buffett has amassed a fortune that is almost unequaled.

Join us as we dive into the world of Warren Buffett’s quotes, analyzing their meanings, implications, and applications. Whether you are a seasoned investor, a business leader, a real estate mogul, or an individual seeking profound wisdom, this exploration promises to offer invaluable insights that stand the test of time. So, buckle up, as we embark on an enlightening journey through the mind of one of the most extraordinary visionaries the world has ever known.

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Unlocking the Genius: 60 Profound Warren Buffett Quotes for Success

warren buffet quotes
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  1. “Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.”
  2. “Price is what you pay. Value is what you get.”
  3. “Someone’s sitting in the shade today because someone planted a tree a long time ago.”
  4. “American magic has always prevailed, and it will do so again.”
  5. “Fear is the most contagious disease you can imagine. It makes the virus look like a piker.”
  6. “If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes.”
  7. “You’ve got to understand accounting. You’ve got to. That’s got to be like a language to you,”
  8. “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
  9. “[Our] favorite holding period is forever. We are just the opposite of those who hurry to sell and book profits when companies perform well but who tenaciously hang on to businesses that disappoint. [American investor] Peter Lynch aptly likens such behavior to cutting the flowers and watering the weeds.”
  10. “The most important investment you can make is in yourself.”
  11. “A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.”
  12. “The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money.”
  13. “Lose money for the firm, and I will be understanding; lose a shred of reputation for the firm, and I will be ruthless.”
  14. “You cannot make a good deal with a bad person.”
  15. “It’s never paid to bet against America. We come through things, but it’s not always a smooth ride.”
  16. “The most important quality for an investor is temperament, not intellect.”
  17. “Remember that the stock market is a manic depressive.”
  18. “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”
  19. “The important thing is to know what you know and know what you don’t know.”
  20. “Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”
  21. “Never invest in a business you cannot understand.”
  22. “Risk comes from not knowing what you are doing.”
  23. “The most important thing to do if you find yourself in a hole is to stop digging.”
  24. “Uncertainty actually is the friend of the buyer of long-term values.”
  25. “As in the case with marriage, business acquisitions often deliver surprise after the “I do’s.'”
  26. “The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”
  27. “Never depend on a single income. Make an investment to create a second source.”
  28. “Beware the investment activity that produces applause; the great moves are usually greeted by yawns.”
  29. “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”
  30. “If returns are going to be 7 or 8 percent and you’re paying 1 percent for fees, that makes an enormous difference in how much money you’re going to have in retirement.”
  31. “No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.”
  32. “Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.”
  33. “In my view, for most people, the best thing is to do is owning the S&P 500 index fund. There are huge amounts of money people pay for advice they really don’t need.”
  34. “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.”
  35. “We never want to count on the kindness of strangers in order to meet tomorrow’s obligations. When forced to choose, I will not trade even a night’s sleep for the chance of extra profits.”
  36. “In the business world, the rearview mirror is always clearer than the windshield.”
  37. “Don’t pass up something that’s attractive today because you think you will find something better tomorrow.”
  38. “The sillier the market’s behavior, the greater the opportunity for the businesslike investor.”
  39. “Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.”
  40. “You only learn who has been swimming naked when the tide goes out.”
  41. “When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the clients.”
  42. “Time is the friend of the wonderful company, the enemy of the mediocre.”
  43. “When seeking directors, CEOs don’t look for pit bulls. It’s the cocker spaniel that gets taken home.”
  44. “The best chance to deploy capital is when things are going down.”
  45. “I have every possession I want. I have a lot of friends who have a lot more possessions. But in some cases, I feel the possession possesses them, rather than the other way around.”
  46. “The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.”
  47. “On the margin of safety, which means, don’t try and drive a 9,800-pound truck over a bridge that says it’s, you know, capacity: 10,000 pounds. But go down the road a little bit and find one that says, capacity: 15,000 pounds.”
  48. “The best way to think about investments is to be in a room with no one else and to just think. If that doesn’t work, nothing else is going to work.”
  49. “Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”
  50. “The three most important words in investing are margin of safety.”
  51. “What we do is not beyond anyone else’s competence. I feel the same way about managing that I do about investing: It’s just not necessary to do extraordinary things to get extraordinary results.”
  52. “All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.”
  53. “There seems to be some perverse human characteristic that likes to make easy things difficult.”
  54. “I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”
  55. “Time is the friend of the wonderful company, the enemy of the mediocre.”
  56. “Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.”
  57. “Market fluctuations are your friend, not enemy”
  58. “The investor of today does not profit from yesterday’s growth” 
  59. “Do not take yearly results too seriously. Instead, focus on four or five-year averages.”
  60. “Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.'”
  61. “Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a fly epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.”
  62. “Success in investing doesn’t correlate with IQ … what you need is the temperament to control the urges that get other people into trouble in investing.”
  63. “I call investing the greatest business in the world … because you never have to swing. You stand at the plate, the pitcher throws you General Motors at 47! U.S. Steel at 39! and nobody calls a strike on you. There’s no penalty except opportunity lost. All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.”
  64. “There is nothing wrong with a ‘know nothing’ investor who realizes it. The problem is when you are a ‘know nothing’ investor but you think you know something.”
  65. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”
  66. “Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”
  67. “You only have to do a very few things right in your life so long as you don’t do too many things wrong.”
  68. “Keep things simple and don’t swing for the fences. When promised quick profits, respond with a quick ‘no.'”
  69. “You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.”
  70. “Half of all coin-flippers will win their first toss; none of those winners has an expectation of profit if he continues to play the game.”
  71. “A horse that can count to ten is a remarkable horse—not a remarkable mathematician.”
  72. “If past history was all that is needed to play the game of money, the richest people would be librarians.”
  73. “Long ago, Ben Graham taught me that ‘Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”
  74. “Money is not everything. Make sure you earn a lot before speaking such nonsense.”
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The 15 Best Business Biographies for Entrepreneurs https://nextluxury.com/mens-lifestyle-advice/best-business-biographies/ Mon, 15 Nov 2021 22:00:29 +0000 https://nextluxury.com/?p=258514 …]]> We can learn a lot for those that have been successful in business. If you want to reach your personal goals then it’s wise to get as much help as you can. This includes finding out how successful people obtained their wealth but also what mindset they had, along with their philosophy.

Thankfully for us, there are many great resources available that allow us to tap into that information. This includes books from entrepreneurs who have achieved things we can only dream of. We’ve found 15 of the best that have ever been written sure to provide you with a creative spark.

These books will inspire you and give you a motivational boost to go out there and smash your goals. They are brilliantly written by people who have had an in-depth look at each entrepreneur. Let’s get started with our list. 

Best Buy

1. The Snowball: Warren Buffett and the Business of Life - Alice Schroeder

The Snowball: Warren Buffett and the Business of Life

 

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The book was written by Alice Schroeder, an insurance industry analyst, and gifted business writer. She was given unprecedented access to family and friends of Warren Buffett who had never written a memoir himself.

His life was very private compared to other celebrities, which made it even more fascinating. In the cutthroat world of business, Buffet is often seen as a nice guy who treated his investors as partners. He believed in honesty and integrity in business which made many want to partner with him.

Through his hard work and determination, Warren Buffet became one of the world’s richest men. His legacy will not only be his wealth but also his principles and ideas that have aided other people to better their lives. This book perfectly details his business philosophy.

 

2. Steve Jobs - Walter Isaacson

Steve Jobs

 

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In this book, Walter Isaacson writes about one of the most innovative entrepreneurs the United States has ever produced. The book talks about Steve Jobs’ creativity, passion, and intense personality and how a single person managed to revolutionize several industries. Based on over 40 interviews with Jobs and numerous friends, family, and competitors, Walter Isaacson captures the various ups and downs of the Apple CEO.

It showcases what he had to go through to achieve all that he did and how he became one of the richest people in the world. The book talks about how determination and persistence paved the way for his genius to shine. 

 

3. Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future - Ashlee Vance

Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future

 

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This great book was written by technology journalist Ashley Vance about the life and achievements of the famous Elon Musk. It offers an insight into the life, struggles, and wins of the real-life Tony Stark.

The book describes Musk’s simple upbringing in South Africa and how he managed to make it in the USA. It talks about how the tech genius manages to incorporate his innovative technological ideas and come up with mind-shattering advancements.

From the creation of Tesla and the development of SpaceX, Musk is considered one of the greatest minds in the world. We see a close look at how he has dedicated most of his fortune and life to the development of a better, more exciting future.

 

4. Shoe Dog: A Memoir by the Creator of Nike - Phil Knight

Shoe Dog: A Memoir by the Creator of NIKE

 

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This memoir describes the history of Nike from its founding as Blue Ribbon Sports into becoming one of the world’s most recognized brands. It details the amazing story of how Nike turned from a back street shop into a household name.

We read some of the challenges Phil Knight had to overcome to build the Nike Empire we know today. Learn how Knight, with just $50, created a company that began by importing high-quality low-cost athletic shoes from Japan and selling them from the trunk of his car. It’s a fascinating study of how to build a mega-brand with some great tips along the way. 

 

5. Losing My Virginity - Richard Branson

Losing My Virginity: How I Survived, Had Fun, and Made a Fortune Doing Business My Way

 

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If you believe that business doesn’t have to be all formal and that you can have fun while making a fortune, then this is a perfect book for you. Learn from the man himself, Richard Branson, how he managed to make several businesses thrive across a wide variety of industries. He has a habit of being told not to do something by experts, then managing to pull a rabbit out of his hat and make everything work.

Branson managed all this while still living an interesting life with various adventures along the way. We get to read about many of those moments in great detail such as his air balloon crash, battle with British Airways, and surviving a violent storm in Mexico. Much like his life, this book is a wild ride. 

 

 

6. Alibaba: The House That Jack Ma Built - Duncan Clark

Alibaba: The House That Jack Ma Built

 

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In this epic biography, we see how an English teacher from China, Jack Ma, managed to build one of the largest IPOs ever in the world, Alibaba. The e-commerce empire which hundreds of millions of Chinese people depend on was worth $25 billion by 2014, making Jack an icon in China. His business acumen led to him being courted and admired by various world leaders and CEO’s.

Learn how Duncan Clark first met Jack Ma in 1999 in an apartment where Alibaba was born. Get an inside look at how he was granted access to Jack’s life and ideas. Clark managed to give a compelling account of Alibaba’s rise while giving a fascinating insight into Ma. 

 

7. Titan: The Life of John D. Rockefeller Sr. - Ron Chernow

Titan: The Life of John D. Rockefeller, Sr.

 

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Learn about history’s first billionaire and how he managed to build a monopoly in the oil industry from this amazing biography about John. D Rockefeller, the man, the myth, the legend. Born to an oil salesman and a straitlaced mother, Rockefeller rose from humble origins to become the world’s richest man of his time.

Believed to have built his wealth doing everything from employing sketchy tactics and extreme pricing to espionage and wholescale corruption, the titan managed to dodge authorities for over 30 years. The book, however, tries to look at the real Rockerfeller and does a wonderful job humanizing him.

 

8. The Everything Store: Jeff Bezos and the Age of Amazon - Brad Stone

The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone (2013-01-01)

 

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This book talks about how he managed to develop a corporate culture of relentless ambition and drive that led to the growth of Amazon as a company. Brad Stone was granted unprecedented access to both current and former Amazon employees as well as Bezos’ family members. We get to know how the company came to be, the struggles Bezos had to go through to build it, and the principles he employs to keep the company running at its optimum level.

He stands out for his restless pursuit for new markets and revolutionizing the retail industry. This book is a very good insight into how the company gambled on the Internet and won, forever changing the way we shop and read.

 

9. Bloomberg by Bloomberg - Michael R. Bloomberg

Bloomberg by Bloomberg

 

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Written by Bloomberg himself, the book showcases the victories and frustrations he had to experience in his pursuit to grow the Bloomberg brand. Bloomberg is an online information service that thousands of investors cannot live without. This book talks about how the man rose from the ashes of being fired from Salomon Brothers in 1981.

He created something incredible with his payoff and the aid of a $30 million investment from Merrill Lynch. Since then the company has managed to surpass all competitors.

It details how he applied the concept of synergy and managed to build success upon success. By using a low-cost pricing strategy, he conquered even larger and diverse markets. Learn from Bloomberg how his managerial methods enabled him to build his empire.

 

10. Iacocca: An Autobiography - Lee Iacocca and William Novak

Iacocca: An Autobiography

 

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Lee Iacocca became a media celebrity by being able to bring the car company Chrysler back from the brink of collapse. Despite being the son of an Italian immigrant, Iacocca managed to rise spectacularly through the ranks of Ford Motor Company and become its president. Eight years later he left Ford under a dark cloud.  

He managed to get even by leading Chrysler through a survival battle and bringing it back to its former glory. His gutsy nature and integrity are greatly adored by millions of Americans.

In his biography, we learn how Iacocca was vital in the revolution of the motor industry in the 1960s by creating the famous Mustang. He talks about how he managed to foster the rebirth of Chrysler from near bankruptcy to the repayment of its $1.2 billion loan.

 

 

11. Rising To the Challenge: My Leadership Journey - Carly Fiorina

Rising to the Challenge: My Leadership Journey

 

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This brilliant bio talks about Carly Fiorina and the many challenges she has had to endure to reach where she is today. Fiorina talks about the lessons she learned from both her difficulties and successes, including being the CEO of Hewlett Packard.

Being an experienced pioneer in business, a leader, and a parent, she reveals how people are held back by systems that prevent their advancement. Many lack the chance to use their gifts to better their lives and improve their general lifestyle.

Her inspirational story shows how being diagnosed with breast cancer and the loss of a daughter almost broke her. Despite all this, she managed to see positive lessons from her tragedies and used them to grow. This book beautifully details that journey. 

 

12. The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company - Robert Iger

The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company (Random House Large Print)

 

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During his 15 years as Walt Disney’s CEO, Robert Iger was able to reinvent one of the world’s leading brands and inspire people to add a little magic to their lives. He became the CEO of the company in 2005 when the competition was higher than ever and technological advances were coming in fast. Iger believed in the concept that high-quality matters, that one should embrace technology instead of fighting it and people should think bigger.

Because of his efforts, Disney is the largest media company in the world proudly owning Pixar, Marvel, Lucas Films, and 21st Century Fox. He is considered one of the most innovative and successful CEOs in the modern era. The ideas in this book inspire confidence in everybody as they navigate their lives.  

 

13. Sam Walton: Made In America - Sam Walton

Sam Walton: Made In America

 

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This inspiring autobiography about Sam Walton talks about a hard-working and risk-taking entrepreneur. Through his hard work and determination, he managed to turn a single store into Walmart, the largest retailer in the world.

Sam Walton tells the story of his success in his own words. He shares how his candid, straight from the shoulder style and ideas led to the birth of Walmart and Sam’s Club. Get an idea of how to build your own company from the ground up with nothing but good old-fashioned elbow grease and determination by getting yourself a copy of this great book.

 

14. Empire State of Mind: How Jay Z Went from Street Corner to Corner Office - Zack O’Malley Greenburg

Empire State of Mind: How Jay Z Went from Street Corner to Corner Office, Revised Edition

 

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Jay-Z is considered one of the greatest musical masterminds of all time. This book talks about how a simple boy from New York managed to build an empire from the ground up.

Today Jay-Z is not only known for his musical prowess but also for his many business ventures. He invested in various industries like fashion, music, technology, top-shelf liquor, nightclubs, streaming services, and record labels. It’s a fascinating insight into how he managed to turn every situation into an opportunity to grow his empire. 

 

15. Setting the Table - Danny Meyer

Setting the Table: The Transforming Power of Hospitality in Business

 

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Are you thinking of going into the catering business? Learn how the then 27-year-old Danny Meyer started Union Square Café with only an idea and a hopeful investor. He is now the co-owner of a restaurant empire. Meyer used strong in-house relationships, as well as customer satisfaction to develop something special.

Danny’s story and ideas are sure to help you become more effective and productive while learning to appreciate a job well done. While maybe not the biggest name on this list, this book is highly rated for a reason as you’re going to have plenty of inspirational takeaways.

 

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Top 50 Best Business Books For Men – All-Time Entrepreneur Reads https://nextluxury.com/mens-lifestyle-advice/business-books-for-men/ Sun, 26 Mar 2017 00:58:12 +0000 http://nextluxury.com/?p=97741 …]]> If this is the only life you’re given, then that’s what’s stopping you from truly living it? Acquire something very few in this men world can claim they actually own: A sense of freedom to follow their own passion. Escape your cubicle, get rich beyond your wildest dreams, and only work two hours a week while sipping cocktails at the beach…

Said every bullsh-t business book written by a dofus guru ever. The truth is, there’s lot of time-wasting material out there; written by people who haven’t been there or done that. After awhile, the constant feel good pep talk gets annoying and becomes a distraction.

While it isn’t easy filtering through the millions and millions of books out there, luckily I’ve done the hard work for you. These books aren’t going to be your best friend, they are going to be your bibles of gems, golden advice and nuggets of wisdom. If there was a fire at your home, you can be d-mn sure you’d want to run back inside to save them.

In this collection of the top 50 best business books for men you’ll find practical approaches to building wealth in the real world. Not some dofus guru’s fantasy world! You’ll draw motivation and battle plans from those who have actually been in the trenches and gotten their hands bloody.

Regardless if you’re a business owner, executive or aspiring entrepreneur, I’m confident you’ll find significant value in these all-time greatest reads below. To your future success!

Top 50 Best Business Books For Men

Best Buy

1. Bankable Business Plans By Edward Rogoff

Bankable Business Plans

 

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The best way to start the next multi-billion dollar company is with someone else’s money. To do that you must be able to craft a business plan that makes wealthy venture capitalists want to dig deep into their pockets and throw handfuls of large denomination bills at you. Or maybe write a huge check. If you plan to solicit funds, this book shows you how.

 

2. Business Model Generation By Alexander Osterwalder

Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers

 

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If you believe the same kind of thinking that built the industrial revolution will get your business idea to the next level, go to the back of the line. Technology, and the internet, in particular, has changed everything. Today’s visionaries know that yesterday’s business models won’t work. Learn what works today from the ones who have already climbed the mountain.

 

3. Business Stripped Bare By Richard Branson

Business Stripped Bare: Adventures of a Global Entrepreneur

 

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Richard Branson has started so many successful companies he’s forgotten half of them. However, a dude could do worse than learn from the maverick entrepreneur behind the Virgin brand (airlines, music, mobile phones, etc). The bottom line is he’s the only guy to build eight separate billion dollar companies from scratch. Think you could learn something picking his brain?

 

4. Cashvertising By Drew Eric Whitman

CA$HVERTISING: How to Use More than 100 Secrets of Ad-Agency Psychology to Make Big Money Selling Anything to Anyone

 

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It’s no secret that advertisers have been controlling our brains for a long time now. Ever seen a Taco Bell commercial and get an unstoppable urge to run for the border? That’s not mind control, it’s psychology, friends. If you want people to buy your product or service and not even know why, dig into these 100 ad agency secrets that persuade consumers every day.

 

5. Competition Demystified By Bruce C Greenwald

Competition Demystified: A Radically Simplified Approach to Business Strategy

 

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The truth is that the permutations of implementing a business strategy can make the Rubik’s Cube look like child’s play. It’s not a simple task, and is made worse when it seems like the industry breeds them like rabbits. It’s time to let Bruce Greenwald, an exalted business professor, help clear the mystery associated with creating a business strategy. Unless you’re an idiot, you really can do it.

 

6. Crush It! By Gary Vaynerchuk

Crush It!: Why NOW Is the Time to Cash In on Your Passion

 

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What’s better than making a living indulging in your favorite hobby or passion? The answer is nothing. If you thought your devotion to underwater basket weaving could never bring in the big bucks – you might be right, but you’ll never know until you investigate this guide about how to use the internet to turn a passion into a real business.

 

7. Delivering Happiness By Tony Hsieh

Delivering Happiness: A Path to Profits, Passion, and Purpose

 

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Some people just get it. This tome from Tony Heish, ultra-hip dude who created the online customer service-centric shoe company, Zappos, is a rip-back-the-curtains look at how to build the sort of corporate culture that makes employees stay for a long time. Zappos is unique. If you want to grab some of that and sprinkle it over your business, here’s how.

 

8. E Myth Revisited By Michael Gerber

The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It

 

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Making money online is soooo easy. All you have to do is put up a website. It’s like hacking into an ATM, right? Actually, no. It would be a great idea to read this instant classic before your head fills with dreams of avarice. Small businesses fail online at least as often as they do in the real world. Read how and why internet entrepreneurs go awry so maybe you won’t.

 

9. Escape From Cubicle Nation By Pamela Slim

Escape From Cubicle Nation: From Corporate Prisoner to Thriving Entrepreneur

 

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“Mommy, I want to grow up and work in a cubicle,” said no kid ever. If you’ve been having secret fantasies of bashing your cubicle-mate over the head with a TPS report, it might be time to read this book. Author Pamela Slim ditched the corporate world 12 years ago and never looked back. Here’s how she did it.

 

10. Founders At Work By Jessica Livingston

Founders at Work: Stories of Startups' Early Days

 

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This collection of interviews from the people that started companies like Apple, Flickr, Hotmail, and PayPal reads like a who’s who of the technology billionaire sector. If ever you wanted to be a fly on the wall, this is it. Understand why these startups went on to to change the world when a million others failed.

 

11. Good To Great By Jim Collins

Good To Great And The Social Sectors: A Monograph to Accompany Good to Great

 

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In this sequel to his landmark book, Jim Collins teaches budding 501(C)(3)ers how to apply the principles of profit to the social sector. In other words, how to make your nonprofit a lean, mean, revenue-producing machine using tried and true capitalist techniques. Just because you run a nonprofit doesn’t mean you should do so poorly.

 

12. Guerrilla Marketing By Jay Conrad Levinson

Guerilla Marketing: Easy and Inexpensive Strategies for Making Big Profits from Your Small Business

 

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It was almost 35 years ago that Jay Levinson dropped this little business bomb on the world. Finally! Strategies showing small business owners how to compete for market share with the big boys of the corporate world. This fourth edition updates those strategies for today’s world of social media, blogs, and mobile computing. It’s the entrepreneur’s bible. Why isn’t it on YOUR shelf?

 

13. Hiring Smart By Pierre Mornell

Hiring Smart!: How to Predict Winners and Losers in the Incredibly Expensive People-Reading Game

 

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Are people a company’s most important asset? That’s this book’s conceit and it’s likely right on the mark. To anyone who’s ever been in charge of hiring, you know it can be a gut-curdling experience. Are the recruits crazy? Lazy? Just putting on a good show for the interview? This guide to successfully hiring quality people comes from one of the world’s leading human resource experts.

 

14. Innovation And Entrepreneurship By Peter F Drucker

Innovation and Entrepreneurship

 

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This was the first book to focus on innovation and entrepreneurship as a purposeful activity. In other words, one that can be planned and achieved through a step-by-step process. While the steps may vary in order and content, the overall strategy has not. Peter Drucker’s writings were manna from heaven to a generation of people desperate to escape the corporate world.

 

15. Made To Stick By Chip Heath

Made to Stick: Why Some Ideas Survive and Others Die

 

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Mark Twain was a smart guy. He said, “A lie can get halfway around the world before the truth even gets its boots on.” What does that have to do with anything? Authors’ Chip and Dan Heath have written a little book about how to come up with better ideas. Stickier ideas.

These two accomplished educators have made careers of analysing why some ideas fly and others crash like an anvil falling off a table.

 

16. Making Ideas Happen By Scott Belsky

Making Ideas Happen: Overcoming the Obstacles Between Vision and Reality

 

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For millions of wannabe entrepreneurs ‘round the world, the chasm between idea and reality is a disheartening gap. According to Scott Belsky, the ability to push an idea through to creation is not inborn to humans. Luckily, it’s a learnable skill that’s critical to escaping corporate drudgery and making your own positive mark in the world.

 

17. Maverick By Ricardo Semler

Maverick: The Success Story Behind the World's Most Unusual Workplace

 

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Brazil’s Ricardo Semler took an aging family business and turned it into a juggernaut of innovation. How did he do it? By turning antiquated ideas of layered management on its head and introducing the idea of democracy to the workplace. Did it work? Better than gangbusters, whatever that is. This out-of-the-box thinking can inspire entrepreneurs at any stage of the process.

 

18. My Life In Advertising By Claude Hopkins

My Life in Advertising

 

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Claude Hopkins. The name is synonymous with copywriting genius. Though the man died in 1932, his works are still the foundation of the advertising game. Hopkins believed that advertising existed only to sell something and should be judged solely on the results it produced. Get your marketing up to speed by going back in time with this two-volume set.

 

19. One Simple Idea By Stephen Key

One Simple Idea: Turn Your Dreams into a Licensing Goldmine While Letting Others Do the Work

 

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Except for the dullards, we’ve all got at least one. A singularly brilliant idea that would spawn a global phenomenon – if only we knew what to do with it. Stephen Key has a long track record of turning ideas into a deluge of money, and this book reveals a step-by-step process to get your product to market without spending a dime.

 

20. Permission Marketing By Seth Godin

Permission Marketing: Turning Strangers into Friends and Friends into Customers

 

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Is it too lofty of praise to call Seth Godin today’s Claude Hopkins? Maybe. Then again, maybe not. This “ultimate entrepreneur for the information age” turns the age-old idea of disruptive advertising on its weary little head, and introduces what he calls permission marketing. Consumers should rejoice. Online marketers should buy.

 

21. Purple Cow By Seth Godin

Purple Cow: Transform Your Business by Being Remarkable

 

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According to Seth Godin, you’re either remarkable or you’re not. In his second entry on our list, the man tells us to throw out the 4 P’s of standard promotion – they don’t work any more – and embrace whatever it takes to distinguish yourself from the crowd. As he discusses in case studies, it worked for Krispy Kreme, Starbucks, JetBlue, Apple, and more.

 

22. Ready, Fire, Aim By Michael Masterson

Ready, Fire, Aim: Zero to $100 Million in No Time Flat

 

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Michael Masterson turns traditional entrepreneurial thinking all wonky with his sneaky little idea that there is such a thing as too much planning when it comes to launching a business. The reality is you can’t know what needs adjusting until you start. Is over-planning killing your progress? If so, just do it already. You can fix stuff later.

 

23. Release Your Brakes By James Newman

Release Your Brakes

 

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Do you spin your wheels and cover the same ground over and over, never really making forward progress with your ideas? You’re not alone. Millions of successful endeavors die a slow death while we try to figure out what holds us back. This book is about finding what’s stopping you and getting rid of it.

 

24. Scientific Advertising By Claude Hopkins

Scientific Advertising

 

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This little book from ace copywriter, Claude Hopkins, moved advertising into the scientific age. His idea is brilliant. If you can’t measure the return on a piece of advertising, you have no business running it because it’s just a shot in the dark. Advertising must be measured and compared to other pieces in the eternal search for improved profitability.

 

25. Secrets Of Closing The Sale By Zig Ziglar

Secrets of Closing the Sale

 

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You may not think you’re a salesman but you are, according to Zig Ziglar. We’re all out there trying to close deals every day, whether it be with a vendor, potential client, or the homeless guy down the street. If you suspect a personal lack in the personality and charm department, you’re in luck. Ziglar can teach even the stiffest guy how to loosen up and turn on the charm.

 

26. See You At The Top By Zig Ziglar

See You at the Top: 25th Anniversary Edition

 

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If Zig Ziglar can’t get you motivated, you must be dead. As one of the world’s greatest motivators, Ziglar has helped generations transform themselves from underachieving losers to inspired doers. He does it with lessons on honesty, loyalty, faith, integrity, and personal character. If you think those are old-fashioned values, it could account for the rut you’ve been walking in.

 

27. Start Small Stay Small By Rob Walling And Mike Taber

Start Small, Stay Small: A Developer's Guide to Launching a Startup

 

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Not every entrepreneur wants to grow into a huge corporation with a private jet on the runway and mistress on the side. Some aren’t interested in soliciting millions in startup cash. They simply want to bring their idea to the world without mountains of debt or fanfare. The idea is simple. Start small and stay small. It doesn’t mean you can’t make a comfortable living.

 

28. Street Smarts By Norm Brodsky

Street Smarts: An All-Purpose Tool Kit for Entrepreneurs

 

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Do you need an MBA to make a business work? Absolutely not. There’s a little thing called street smarts which has been working just fine for entrepreneurs, and it doesn’t involve a bunch of step-by-step strategies absorbed from a textbook. This brilliant gem of a book teaches anyone with an IQ above 50 how to spot opportunities and solve problems to make them a reality.

 

29. The 10 Pillars Of Wealth By Alex Becker

The 10 Pillars of Wealth: Mind-Sets of the World's Richest People

 

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Too many get hung up with the idea of trading time for money. These are usually the people who are dissatisfied with life. Shake off the lethargy and dig into the mindsets that propelled the most successful people of all time to the heights of money and fame. There is a repeatable strategy that consists of ten pillars. What have you got to lose?

 

30. The 33 Strategies Of War By Robert Greene

The 33 Strategies of War (Joost Elffers Books)

 

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What does war have to do with business? Quite a bit actually. If you don’t believe so, take a gander at Robert Green’s exploration of how military strategy through the ages can help your social and business game. This book could be just the thing you need to break out of a failure pattern and take the upper hand in life for a change.

 

31. The 48 Laws Of Power By Robert Greene

The 48 Laws of Power

 

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How are your plans for world domination going? If you need a boost towards that lofty goal, Robert Green’s book on the ruthless application of power has a lot more to do with business than one might think. If you swear that Wal-Mart, Amazon, IBM, or eBay got where they are by being relentlessly nice, think again. Learn from history how to gain and defend ultimate control over others.

 

32. The Art Of The Start By Guy Kawasaki

The Art of the Start: The Time-Tested, Battle-Hardened Guide for Anyone Starting Anything

 

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What’s the hardest part about becoming an entrepreneurial titan? If you said getting started, you’re not alone. As one of the original Apple team members that marketed the Macintosh computer back in 1984, Guy Kawasaki knows a little bit on the topic. These lessons in best practices for your startup could make all the difference.

 

33. The Boron Letters By Gary Halbert

The Boron Letters

 

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Gary Halbert, copywriter extraordinaire, wrote a series of letters to his son Bond. The result, now public, is pure marketing gold. If you’re tired of “theoretical” advice, this might be the best source of specific, actionable advertising training to be found. “Who is Gary Halbert?” you might ask. If you do, we want you to stop reading right now and leave. He’s that important.

 

34. The Essays Of Warren Buffett By Warren E Buffett

The Essays of Warren Buffett: Lessons for Corporate America

 

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Warren Buffett is a genuine, folksy American folk hero who just happens to worth about $15 billion. When it comes to turning a little money into a lot over time, there’s been no one better in history. In this book, Buffett holds forth on investing, business, and other life lessons. With principles grounded in the teachings of his mentor, Ben Graham, the Bard of Omaha has become something of a mentor himself.

 

 

35. The Four Steps To The Epiphany By Steven Gary Blank

The Four Steps to the Epiphany

 

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If not for this book, the Lean Startup Revolution might never have happened. In it, Steve Blank touts the benefit of a new business embarking on a four-step process. If uncovering flaws in your product and strategy before it costs a small fortune to correct sounds good, this is the book for you.

 

36. The Hard Thing About Hard Things By Ben Horowitz

The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers

 

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It’s not easy to make a name for yourself in Silicon Valley as a big time venture capitalist, but Ben Horowitz has managed to do this that. Entrepreneurs in search of money from people like this would be good to take a look at it from the other side of the table – where the one writing the checks sits. This is the kind of practical, real-world advice that too many business schools lack.

 

37. The Innovators Dilemma By Clayton M Christensen

The Innovator's Dilemma: The Revolutionary Book That Will Change the Way You Do Business

 

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What do you do if you’re the CEO of a company that was built of brick and mortar and has been having a tough time transferring to the Internet Age? A good start would be to read this book. With a focus on disruptive technology, the author begs old-style CEO types to ditch their dusty ways and get with the program. Unless, of course, they like the idea of living on unemployment checks.

 

38. The Intelligent Investor By Benjamin Graham

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)

 

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This is the one that launched Warren Buffett on his trajectory to the title of “Best. Investor. Ever.” Penned by Ben Graham in 1949, the timeless strategies for protecting yourself from disaster and developing long-term strategies remain as cogent today as ever. If it’s good enough for Warren Buffett, it’s good enough for you.

 

39. The Lean Startup By Eric Ries

The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses

 

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Most startups fail, but they don’t have to. The idea of creating a lean business has taken the world by storm and changed forever the way new products and companies are launched. This approach is all about using capital efficiently and leveraging the power of human creativity to the maximum. In today’s radically shifting business climate, you have to be able to change direction faster than Stephen Curry on a pull-up three..

 

40. The Millionaire Fastlane By Mj Demarco

The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime!

 

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This book preaches the concept of getting out of the slow lane and into the fast one. You know the slow one, right? Where you go to school, get a job you hate, scrimp to save 10 percent of what you earn and retire exhausted at 65. Yeah, this book thinks that’s a dumb idea. Need an alternative? We thought you’d never ask.

 

41. The Obsolete Employee By Michael Russer

The Obsolete Employee: How Businesses Succeed Without Employees - And Love It!

 

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The time and hassle spent searching for, interviewing, and hiring employees seems to never stop. What if there was a way you could get the same amount of productivity and never hire another full-time worker? There is, and it’s called outsourcing. Many business owners are saving money by ditching the overhead of an office and making the switch to independent contractors. Here’s how to do it and why it’s so smart.

 

42. The Personal MBA By Josh Kaufman

The Personal MBA: Master the Art of Business

 

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Did you know you can get an MBA for less than thirty bucks? Sure, you won’t have the piece of paper to hang on the wall, but this book by Josh Kaufman lets you skip the business school assembly line and get your degree in real world results. Learn marketing, sales, negotiations, and other essentials of entrepreneurship for the low cost of a single book.

 

43. The Profit Zone By Adrian Slywotzky

The Profit Zone: How Strategic Business Design Will Lead You to Tomorrow's Profits

 

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What you’re doing right now as a business is all well and good, but will it transfer to a profit in tomorrow’s economy? This is the question that keeps business owners up at night asking, “What the heck will be different in the future?” Since we left our crystal ball at home, you’ll have to make do with this analysis of why some companies seem to stay in the high profit zone all the time. Here’s how you can get there too.

 

44. The Sales Bible By Jeffrey Gitomer

The Sales Bible, New Edition: The Ultimate Sales Resource

 

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It takes a lot of guts to name your book the “Bible” of anything. That’s what Jeffrey Gitomer did with this book and then went out and got the Dale Carnegie Course to endorse it. That ain’t small potatoes. If you need sales methods and strategies that work in real world situations, here it is.

 

45. The Toyota Way By Jeffrey K Liker

The Toyota Way: 14 Management Principles from the World's Greatest Manufacturer

 

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Here’s the deal with Toyota. They make the highest quality cars, with the fewest defects, using fewer man-hours, less inventory, and half the floor space. Think you could learn something from this juggernaut of a manufacturer? This business titan’s management principles and philosophy are finally broken down for a general audience.

 

46. Thick Face Black Heart By Chu Chin Ning

Thick Face, Black Heart: The Warrior Philosophy for Conquering the Challenges of Business and Life

 

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Asian cultures have a business philosophy all their own, and it has more in common with Bruce Lee than one might think. Read all about how to apply the warrior way of thinking from ancient times to modern day business competition. Written by the world’s foremost expert on Asian business psyche.

 

47. Think And Grow Rich By Napoleon Hill

Think and Grow Rich

 

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This classic business book was written by Napoleon Hill, who loved to say, “What the mind of man can conceive and believe, it can achieve.” These techniques of learning to apply simple, basic techniques to supercharge your life and business have won rave reviews from practitioners of these concepts over the years.

How powerful can your personal beliefs become and what real world results can they yield? Try it and find out.

 

48. Why We Buy By Paco Underhill

Why We Buy: The Science Of Shopping

 

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Shades of Claude Hopkins!

This inquisition into the reasons why consumers choose one product or service over another is brought to you by one of the coolest names ever – Paco Underhill. But don’t let that fool you. This is important stuff. To understand the science behind shopping decisions is to have the power to make the heavens open and vomit money down on you.

 

49. Your First 100 Million By Dan Pena

 

The first million was the hardest. After that, it was all downhill. If you really want to pick the brain of super-high performance business coach, Dan Pena, a leather bound volume of this book is available for the low, low price of you “probably can’t afford it”.

Copies are rare to come across and reserved for seminar attendees. If you want to aquire your own Guthrie Castle, the $50 Billion dollar man will force you to just f-cking do it!

 

50. Zero To One By Peter Thiel

Zero to One: Notes on Startups, or How to Build the Future

 

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Ever the contrarian, Peter Thiel takes the stance that, despite all the shiny things that distract us, we live in an age of technological stagnation. Tomorrow’s business champions won’t arrive by following along where trailblazers have already been.

To find real success, you must create something unique – something outside of competition. Think about Bill Gates with his Windows operating system or the Google founders and their modest little search engine.

 

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How To Be A Successful Businessman – 50 Rules Of Entrepreneurship Only The Rich And Ruthless Know https://nextluxury.com/mens-lifestyle-advice/how-to-be-a-successful-businessman-entrepreneurship/ Mon, 31 Oct 2016 16:25:44 +0000 http://nextluxury.com/?p=73628 …]]> To the poor man, a rich man is lucky. To the rich man, a poor man is lazy. Yet, universally, every man shares one key thing in common: It’s called life. What you choose to do with it is entirely your own decision to make. If a man offered you one hundred thousand dollars for you leg, would you take it?

For most men, the answer is: Probably, yeah, well… Why, who’s paying, and when can we do this?!

Would you sell your arm for another one thousand dollars? How about your eye, your other leg, your other arm, and so on…

Tally up your entire body, and you’ll reach a million dollars or more. Perhaps this is the first time you’ve realized you’re a millionaire without ever knowing it. Needless to say, life is valuable, yet, it is an unfortunate shame that so many men today waste it all away. Things like luck or even intelligence play no role in success, though many gentlemen still believe in the fallacy wholeheartedly.

You certainly don’t have to be born with a silver spoon in your mouth or have a lot of “connections” either, as they always like to say. The truth is, if you want to know how to be a super successful businessman in this world, all that is required of you is to be breathing!

After reading this guide, you will know exactly why this is true. If you are in doubt, you haven’t done it. Many of these steps will make you sick to your stomach; perhaps you will sh-t your pants. With all the misinformation thrown at you over the years on business and success by doofuses, I wouldn’t be surprised one bit. With that said, I would like to welcome you to the uneasiness of being a super successful businessman and entrepreneur. Here’s to your success!

1. Face Reality, There Is No Work–Life Balance!

There’s only work-life-choices, all of which have consequences. Birthdays, holidays, anniversaries, etc. are for poor people.

Men who refuse to believe that are riddled with excuses. It starts with the younger gentlemen saying things like, “Yeah, I’ll get it done… If I don’t have a hangover, if I’m not loaded up on drugs, only if it’s between my tennis and golf lessons.

Then it progresses to men with families who have grown into their years. Their excuses shift to things like, “Unless I have to take my son to the dentist,” or “unless I have to take my family to counseling.” But by far, the biggest excuse is, “I want to have a life.”

Face reality, there is no work – life2 – balance - Successful businessman

2. Eagles Fly Alone.

Do you want to have a life? Look at the high-performance businessmen of the world. I’m talking about Richard Branson, Mark Zuckerberg, Bill Gates, and the Trumps. They don’t go to the Super Bowl or World Cup. They are not going to all the college football bowl games. If they did end up going, you can be certain they wouldn’t go with a group of drunk assholes.

When it comes to entrepreneurship, loneliness is a topic no one wants to talk about. The truth is, it’s very lonely at the top. However, that doesn’t mean you have to feel depressed about it. Successful entrepreneurs who truly love what they’re doing are always high on life. They don’t need friends or drugs to feel good.

In other words, show me your friends, and I’ll show you your future. You can’t be a successful entrepreneur hanging out with a bunch of losers and bums. You ARE the result of the five people you spend the most time with. For most men, that includes mom, dad, a brother or sister, and a close friend.

If you go to the bar every night to watch the game, belch, fart, and down a pint of beer with friends, I guarantee you will be doing that for the rest of your life. Time is the MOST valuable thing a man can spend in his life. Why in the world are you wasting it? Most men think they have plenty of it, but the reality is that’s just not true.

Eagles fly alone - Successful businessman

3. It’s Bloody Hard, Regardless of What Happens To You In Life.

Any person who tells you anything different hasn’t been successful!

Whether you’re a successful person or a dipsh-t, life is difficult for every man out there. What separates successful men from the failures is one thing: How you end up reacting to and interrupting what happens to you in life.

Truthfully, we all have issues. However, high-performance businessmen accept the issues, learn how to deal with them, and move forward right past them.

It’s bloody hard, regardless of what happens to you in life - Successful businessman

4. There’s Only One Way To Grow As An Individual.

You must step out of your comfort zone and keep swinging until you hit a home run, every single day. You’ve got to start sticking your head out like a turtle.

Theodore Roosevelt once wrote a book on how to become fearless and courageous. Summed up, the point entailed creating drills and lists. It starts by naming one thing you are deathly afraid of doing, and you repeat the process every day. At the end of the day, you must accomplish it!

Do things that are beyond your wildest expectations. Set goals in life that you cannot possibly obtain in two or even three lifetimes. 10x your goals! You must constantly grow more and more ambitious. For example, it’s like the Hunchback of Notre Dame asking Marilyn Monroe out on a date. It certainly is a big stretch to make. Ideally, you want to get stuck in courage and continually sucker yourself into becoming a successful person. Start seeing possibilities where others only see limitations.

Remember that customers, too, will continually raise the bar when it comes to their level of expectation. Keep up!

There’s only one way to grow as an individual - Successful businessman

5. Burn Your Ships.

As surprising as it is, thousands of men, every single day, try to get back with their ex. They don’t know how to make a clean break. Instead, they give them ties in which to get back into their life. Why is that?

They aren’t just desperate; they are relying on sh-t like backup plans, fail safes, plan Bs, etc. (They are afraid of being alone.) It doesn’t matter if you’re in the business world or the dating game; those things will destroy you! As Alexander the Great once said, equipping your mind to deal with and ultimately overcome fear is the difference in battle.

Consider Caesar’s failed first invasion of Britain back in 54BC. Sure, he was disastrously defeated. However, his second invasion in 55BC would forever change the story. His plan the second time included burning the ships of his men. By doing so, he forced them to either succeed or ultimately die. There was no backup plan, there could be no retreat!

If you have things like a plan b in place, you’ve already built that kind of thinking into your subconscious. You will fail! You’re essentially telling yourself, “It’s okay to fail.” Failure must NEVER be an option. Remember, FEAR is false expectations appearing real. You must never be afraid of fear, nor the idea of embarrassing yourself. Neither of the two ever stopped Caesar from claiming victory he believed to be rightfully his.

Burn your ships - Successful businessman

6. You Can Accomplish Anything With Sacrifice.

Every man knows how to lose weight, yet, 60% of the United States population is obese. Shocking, right? How to lose weight is well-advertised and there are endless writings on the subject. However, it’s still not enough, and in reality, it will never be enough. Because most men are not willing to pay the price of action or make sacrifices! You know how to eat healthily and go to the gym, goddammit.

There’s a reason the rich business people of this world have more choices in life. It’s because they were willing to make MORE sacrifices EARLY on. In comparison, most guys today proclaim the same old sh-t, “I want to have a life.” Too many gentlemen have their priorities ass backward.

You can accomplish anything with sacrifice - Successful businessman

7. Your Emotional Bank Account Is What Forces You To Quit.

Not your financial bank account. Seeking investment costs you nothing! Hell, most of the time, bankers will end up buying you a free lunch. You must admit to yourself why you’re so f-cked up in the first place. In 99% of all cases for most men, it begins with their parents. Most men starting out in the business world only know one thing: what their parents taught them.

Let’s face it, parents procreate, and it’s one of the last things they’re actually prepared to do. Most of them don’t have a clue about how to raise a successful entrepreneur. Of course, the exception is if you were raised by, say, world-class Olympian athletes at the top of their food chain.

In the first seven to eight years of your life, your self-esteem is built. It’s the time you spend with your parents. Remember again, you are the result or average of the five people you spend most of your time with. That’s normally mom, dad, an older brother/sister, etc. None of these people have any idea nor recipe nor knowledge for success.

Consider Babe Ruth’s quote, “It’s very tough to beat someone who never gives up.” Also remember, if you don’t love yourself, nobody is going to love you! You must be able to deal with the emotional unsteadiness of success.

Your emotional bank account is what forces you to quit - Successful businessman

8. Smell The Leather.

Get a good whiff of luxury. Go to the Rolls Royce and Lamborghini dealers and window shop. Tour million dollar homes. Visit country clubs, even if you can only afford a single dinner once a month. Give yourself a reason to set your goals higher and higher. See your dreams come to life before they actually happen. Focus on the goal line, not the rocky road ahead standing in your way.

Every business owner out there knows one thing to be true: The road to success is always under construction. Even lawyers and accountants you cannot afford will see you. More often than not, the first few meetings are free.

Dress presidential. Wear what successful entrepreneurs wear, a suit. Ditch the jeans and t-shirt. It doesn’t matter if you wear a suit to the grocery store or banking office. Either you act your most successful all the time, or you don’t! Remember, these small habits can dramatically change the way you think about and ultimately perceive yourself. Of course, first impressions are everything. You never really know who you’ll run into while out on the town.

Dream now, and in the future, these things will come true. It’s not some feel-good motto; it’s real life and perhaps one of man’s greatest secrets. If you don’t believe it, you haven’t done it! I think Earl Nightingale said it best, “We are what we think about.” It’s as simple as that.

Smell the leather - Successful businessman

9. Be Selfish!

Whoever said having too much money was a bad thing doesn’t know where to shop. Period.

Let’s face it; you can’t fix things in life with Zen. It takes money. It’s time to stop worrying about things like global warming when you can’t even afford the monthly payments on your Toyota Yaris. If you really want to change those things, you can, but it requires wealth and money first.

Almost all the things we worry about in life are simply inconsequential, meaning they’re of no consequence. In the cosmos of time in this big world, nobody is nothing more than a fart in the wind. Even Thomas Edison was a fart in the wind! While most men live lives of quiet desperation, the truth is, if they were never born, it wouldn’t have changed sh-t!

Instead of being a worrier all your life, be a warrior. Though you should always remember cash doesn’t avoid death; it only prolongs it. Rich businessmen simply have more choices in life.

Be Selfish - Successful businessman

10. Don’t Read About Taking Action.

Do it. Truthfully, the businessmen best at selling their deals are simply the ones who practice. I know a lot of men equate shooting hoops or tossing a football as practice for being an all-star. Yet, when it comes to practicing for success, well, that slips their minds entirely. Before a meeting, practice the way you stand, your handshake, and so on. Do it for years to come.

Most men today think buying books and listening to podcasts are steps toward business success. In reality, these aren’t! High-performance businessmen take action; they pull the trigger, do the deals, put in hard work, make mistakes, and step on their own dick.

I don’t care if you’ve read a thousand books. The steps have always been the same: Fail fast, take lots of risks, and fall forward. The bottom line is, without risk, there’s no glory. Some of the greatest battles would be merely fairy tales had there not been someone willing to take action first.

Remember, the bigger the risks you take, the greater the business success you see. Ask yourself: is buying books and podcasts risky? No, it’s often stupid, is what it is! Don’t get me wrong; even I enjoy a good read now and then. But I don’t let them get in the way of taking action, ever.

Understand that if you aren’t experiencing any discomfort or anxiety, the risks you are taking are more than likely not worthy of you. If a risk doesn’t scare you to death, it’s one you’ve outgrown! Super success doesn’t get accomplished by playing it safe and taking risks with a high comfort level. You must always be testing your limits!

Don’t read about taking action - Successful businessman

11. Make Yourself Accountable.

As I mentioned the drills and lists above, I want you to consider the process. It requires you to be accountable. These things force you to ultimately do what you really don’t want to do and be what you don’t want to be. As every day passes on, you come to a realization: Either you did them or you didn’t.

If you didn’t do them, was someone holding a knife to your throat? Was asking out a woman or pitching for a bank loan really a life and death situation? Would it have killed you? No. No. No. STOP blaming your failures on anything or anyone but YOURSELF!

Here’s where peer pressure works wonders, especially from a mentor, because it shames and guilts you into doing things on your list. Think of it like an AA meeting you know. When you’re successful, you can’t wait to brag and talk about it.

It’s not just YOU who need to be accountable. Make your children accountable. In fact, make everything in your life accountable!

Understand that EVERY minute matters. Time is not something you can simply buy back; it doesn’t work like that! How much time do you waste on Facebook, Twitter, television, etc. every day? If you kept a log for a week or even a day, I’d bet the number would scare the hell out of you. If it has no part in reaching your goals, it has NO part in your life! Period.

Not to mention, all the negative people in your life. Cut them out, make clean breaks. Never give them a hook in which to get back in!

Make yourself accountable - Successful businessman

12. You Don’t Have To Be Elon Musk or Jeff Bezos.

The movies have done a great job at making the super successes of this world look like alpha males on the big screen. In reality, the real world isn’t always like that. You have the George Pattons and Donald Trumps on one end and the Henry Kissingers on the other. Most successful business people today fall on the second end of the spectrum.

You don’t have to be an - Successful businessman

13. Do Whatever It Takes!

Focus. That one word captures everything that defines how to be successful in business. What is truly your definition of commitment? In the real world, dreams aren’t commitments. Any man can envision his future; few follow through with it. Success requires a different level of commitment, aka going the extra mile. It’s either coma or death. It’s what separates the boys from the men and the billionaires from the millionaires.

The successful businessmen of this world are all at the top because they have one thing in common: They are committed.

You must be all that you can be all the time! Period. Good has always been the enemy of great! Remember, what gets measured gets accomplished. Unless you’re dead or in a coma, you must perform. Perhaps, it’s better you’re dead if you’re not going to do it. Always act as if you have no limits to your abilities.

Do whatever it takes - Successful businessman

14. Develop A System For Things That Work.

It’s okay, as long as it’s honest, ethical, moral, legal, and you’re not hurting anybody. Understand, there are four steps of the action plan you must follow. In short, it’s OCMM. The outcome is your desired completion. Commitment: your pay price to action and how much you are willing to sacrifice. Measure periodically. Modify, change the plan as necessary. (Go back and measure the modified plan.)

Great companies know how to change operating practices, culture, and technologies as needed. Yet, they still are able to retain their purpose and core values.

In other words, they adapt. Speaking of which, the number of brick-and-mortar businesses in this country that still refuse to have a website or give a price quote over the phone is shocking. They’ve essentially given up; they’ve become a bunch of fat cats. However, that doesn’t mean their competition will sit idle, waiting for them to catch up.

Moreover, one of the keys to growing a small business is to pour all your attention into high-value tasks. It’s easy to get bogged down with administrative tasks that offer little long-term value. Ideally, you should carefully balance your days with tasks that will offer long and short-term value. If you’re spending every day focused on completing administrative tasks, rarely will this prove to be a truly productive use of your time. The most high-value tasks you can focus on are about building for the future.

Develop a system for things that work - Successful businessman

15. Find Something You Can’t Live Without.

Don’t start a company selling foot fungus cream if you hate the subject. Within a few months or a year, you’ll get bored and lose focus. The high-performance businessmen of this world cannot be stopped because they love what they work on so much. They could fail a million times, but they’re so addicted to the subject they will always refuse to fail or give up.

It’s like dating a woman in the honeymoon phase; you’re hooked! All you can think about is getting her back into your bed as fast as possible. You can’t get enough of her. The moment you find that in business, go all in!

Understand that the super successful men in this world wholeheartedly believe they are genetically encoded for their specific field of endeavor. They don’t need anything else, they are high on life!

Find something you can’t live without - Successful businessman

16. If Someone Says No

It’s because you have failed to present to them enough information to make a yes answer. Remember, when the customer says “No,” that’s when the sales process truly starts. The psychology behind the car dealership industry teaches you a lot of tricks, some manipulative and others not. Yet, I’ve learned thousands over the years.

Here’s my personal favorite: You ask the customer if they are ready to purchase a new vehicle. They say no and provide an excuse. “We don’t like how it drives.” You then proceed to ask them, “Is there anything else in addition to that?” This time, they mention, “No, that’s it.

At this point, you might assume you’d look foolish asking the same question twice. However, you ignore their response and you ask it again, “Is there anything else in addition to that?

They stare back at you confused, wondering why you just asked the same question. Only, this time, they respond with, “We really can’t afford it; the down payment is too high.” Now, you know the real reason behind what’s holding them back from making a purchase. Now, you have the opportunity to present new information. It could be an incentive program that lowers the price of the car, another bank with lower interest rates, or a dealer demo that’s the same model with a significant discount — ALL of the things you failed to mention beforehand! The customer could have never once mentioned their finance issues in the sales process.

Remember, there are a lot of different ways to read people. Most importantly, just know that when someone says “No,” it doesn’t mean the deal is trash! It means you must present new information. There’s no sleaziness about it; it’s simply the art of being a good salesman and helping your customer discover what meets their means.

If someone says no - Successful businessman

17. Be Wise And Careful About The Mentor You Pick.

Napoleon Hill, the American author on self-success, once said, “A human being is like a river; he travels along the path of least resistance.” When it comes to finding a mentor, these words ring true.

An aspiring entrepreneur often seeks mentorship from people like their uncle or brother instead of actually searching for the right person. It’s the path of least resistance, it’s straightforward, and it’s less of a knock to your ego and self-esteem. Remember, there’s a higher probability of someone you already know saying “yes,” which is easily tempting.

Understand that your mentor must have already obtained the level of success you wish to reach or acquire. If they haven’t, you’re only wasting your time. Remember when I pointed out that you were the average of the five people you spend the most time around? If your brother has never worked outside of a low-paying 9-5 his entire life, that’s exactly where you’ll end up, and that’s the kind of advice you’ll get!

In reality, I know you will be met with gatekeepers. They’ll ask what you want to talk about if you suggest eliminating 25% of all employees. Who’s ever going to let you in? Instead of asking for an appointment, ask their secretary when they’re going to be in town. Honestly, gentlemen, you can meet your next mentor outside of their office, at a conference, a restaurant, or even in their own driveway if you park outside of their house overnight. Remember, whatever it takes!

When you start looking for a mentor, find one who’s geographically desirable. Think about it as if you were back in high school. Would you rather date a girl who lives in the same city and goes to the same high school as you, or one who lives three hours away, where you can only see her twice a year? You want to make it as EASY as possible to get plenty of face time as often as possible. Never let the person lose face.

Be wise and careful about the mentor you pick - Successful businessman

18. Maintain A Rock Solid Relationship With Your Mentor From The Start.

Don’t be a “Yes” person when you first see them. Just be YOURSELF. Nine out of ten times, mentors will ask you something totally outrageous and off the wall in order to see how YOU respond and comment. If you really want to endear them and develop a strong relationship, start by being completely honest.

Try to find something non-business in common with them and build rapport. If you can’t do that with your hobbies, just remember you can always share a common love of business, success, and work ethic to get things done with them.

Understand, even the old dogs want recognition. Sure, they don’t have as much energy as the younger guys, yet, they still want to be a part of a successful team. Everyone wants that, old and young, regardless of age. Remember, humans are teachers by nature.

Always pick up the tab. I don’t care if it’s his club or you’re dead broke! Call the club beforehand and ask if they allow guests to pay. If yes, leave your credit card with the waiter. When it comes to money, never accept your mentor’s money! Don’t just go to see them when you need something. Everyone does that! When you really need them the most, they will respond.

Maintain a rock solid relationship with your mentor from the start - Successful businessman

19. You Can Never Have Too Much Feedback From Your Mentor.

Both ways. Produce a weekly report composed of three sections: 1. Your accomplishments for the week; 2. Your accomplishments for the next week; and 3. The problems and challenges you face.

Never get frustrated if you don’t get the answers you want. Continue to follow their advice and share your progress often.

You can never have too much feedback from your mentor - Successful businessman

20. Focus On The Few, Not The Many.

You must never let sentimental attachments determine your path in business. Being ruthless is what separates the average business owner and the super successful all-stars.

When your goals grow, so do your decisions; both become harder and harder. It’s a fact of life. In reality, you cannot please everyone and take care of everything all at the same time. You must know how to delegate duties and double down on what works. When you are shown terrible ideas, you must never be afraid to say no! Without a response, you are giving consent to run with things you know will never work. You are validating a future of continually shooting yourself in the foot.

There is no harm in being honest. However, there can be a great deal of pain when you let others decide things for you. Remember, if you want a successful business, it requires a team with a crystal clear sense of vision and impact.

Focus on the few, not the many - Successful businessman

21. Stop Seeking Constant Approval From Others.

Do what you want because you want to be the best. Disregard what others think. Don’t seek approval from your parents like most men do when it comes to their life decisions. You don’t need a nod of approval from your father to start a business or make a financial deal.

Your mother shouldn’t be giving you the okay to sign off a paper contract when it comes to selling your company. Your parents don’t need to hear about your first sale. You’d be amazed at how many small things men bring up while secretly seeking approval from others.

Remember, approval doesn’t mean advice. Building your dream team and hiring the best lawyers, accountants, etc. are critically important! If you truly want to know if your business concept will last, ask yourself one simple question, “Does my company stand for something great to someone?

Stop seeking constant approval from others - Successful businessman

22. Never Miss A Meeting.

It doesn’t matter if it’s your birthday, a holiday, your anniversary, or a day before your wedding. If you were in a car accident and broke your leg, drag it to the board room. If a meeting is requested or scheduled, you make it. Period!

Never complain about the date or time, or how inconvenient it was for you. Get the idea of being polite out of your head; it’s all about having mental discipline. It goes right back to being accountable and committed.

Never miss a meeting - Successful businessman

23. Time Matters More Than Money.

Most businessmen today drastically underestimate the value of time. Instead of thinking in terms of ROI, or return on investment, start thinking in terms of ROM, or return on minutes.

Time matters more than money - Successful businessman

24. Be A Strong Leader And A Constant Student.

Great leaders make sense of change in the world, and proceed to share that insight with their team. You are paid in life for what you can get others to do for you. You don’t have to be the smartest individual in the room. In fact, you could start a business in a field you know absolutely nothing about. Your job as a leader is to attract smart employees to work for you!

Remember, the brainpower of the group will always trump that of just one individual. Though you should never stop trying to become qualified for the job. Be a macro manager, where less control equals more control.

Be a strong leader and a constant student - Successful businessman

25. Get Great People On Your Bus.

It doesn’t matter what business you’re in; all that matters is who you do it with. Most businesses end up morphing into other industries while starting out.

Sure, they hadn’t planned on being in them in the first place. However, their success all starts with one thing: They all picked great people to do it with. When you build your dream team, the people on your bus shouldn’t be focused on where you’re going. In reality, they should be on your bus because they like who’s riding along with them!

Put them all through a doofus test. Stress them and judge their reaction to pressure when being a high-performance person is demanded of them. When you have big problems, put your best people on them; you will be confident in doing so.

Get great people on your bus - successful businessman

26. Choose Your Battles.

Don’t sue over every small matter of wrongdoing. Large lawsuits are better than minor ones. When warranted, choose your venue and choose to be the plaintiff. In some cases, this won’t be possible; however, you should still play the part. That means to prepare for trial, don’t fear it or be intimidated by the process.

Use mock trials to your advantage. Bring your wife to the front row every day, children as well, if allowed, and other members of your family in the second row. You want them to know what you’re going through.

Hire the best representation. It goes back to building your dream team; don’t worry about the cost. If you have a better strategy in mind, it’s time to find a new lawyer. If you find a team that consistently wins, stay with them. It’s hard trying to get new lawyers on your team up to speed; avoid changes when possible. Remember to keep in close contact with your lawyer, preferably once a month. Don’t let them disappear to handle everything.

Elect for jury trials rather than a judge only. You shouldn’t be afraid to trust your fellow citizens. To show respect for the judge and jury, dress conservatively. That means a white shirt, simple tie, dark suit, and no jewelry other than your wedding band. When it comes to recorded videos in court and in depositions, look at the camera.

The same is true for the jury and judge; make eye contact. If you don’t know the answer to a question, never guess. Say you don’t know. Remember, honesty is key!

Don’t lose your temper in court, however, if authentic emotion is fine. Never talk in public about the case, regardless of where you are at. Someone may very well overhear your conversation. That includes the press, who may misinterpret your words while in a hurry. If you choose to make a statement, “We believe in our case, and that is why we went to court,” is enough.

Choose your battles - Successful businessman

27. Perfection Equals Paralysis.

Don’t waste time on things you cannot change. Truthfully, it’s really easy to fall into the trap of working on things that don’t matter. You could spend an entire year putting together the perfect business plan, only to see it fail after being put into action. Even small things like picking out the right font, color, messaging, etc. on a simple brochure can be a major time suck.

When in doubt, trust your gut; don’t delay if you don’t have to. A good plan today is always better than a great plan you execute next week. By then, well, it just might be too late. Remember, your gut is your most valuable asset, don’t just ignore it. The truth is, conventional wisdom is almost always wrong in the first place.

Perfection equals paralysis - Successful businessman

28. Every Problem Solved Will Eventually Be Replaced By A Much Larger One.

Never underestimate how wrong you can be. Even with careful planning, external circumstances and events can create chaos. Super successful businessmen live for that kind chaos; it’s what fuels the fire in their bellies. Understand that progress often masquerades itself as trouble.

Never opt for the easy, Band-Aid solution; it will eventually peel off. Short-term solutions don’t work for long-term problems, regardless of how alluring they may appear. Instant gratification can get in the way of your goals; avoid that.

Every problem solved will eventually be replaced by a much larger one - Successful businessman

29. Being A Super Successful Businessman Is NOT For Every Man.

I don’t care what the gurus and coaches tell you. Most of them made money putting asses in seminar seats and pushing book sales, NOT in business. But boy, will they sell you a dream they couldn’t even acquire on their own. They love to pump out misinformation, which gives you no chance to succeed.

Let’s face it, most men today are TOO weak. A strong drink and a good f-ck would kill most of them. You’re not going to work 4 hours a week; you’re going to work 120. You’re not going to be sipping mojitos and napping at the beach; you’re going to sleep in the office!

Understand that it doesn’t matter if you’re working 12 hours a day, you could be “busy” for 12 hours a day in reality. There’s a difference between working smart and staying busy.

Being a super successful businessman is NOT for every man - Successful businessman

30. Kiss A Lot Of Frogs.

Life is a numbers game, regardless if you’re asking out women or trying to acquire financing. If you want to see entrepreneurial success, you must always be kissing frogs! Twenty women may turn down your request to take them home for the night, but the twenty-first woman may very well agree. Yet, most men can’t take that kind of hit to their ego or emotional bank account!

In business, you’ll be met with calls that are hung up on you, abusive callbacks, and flat-out refusals to talk. What divide the men from the boys are persistence and focus. Very few are willing to make a thousand phone calls when it comes to getting financing.

After a handful of rejections, most men quit. They proclaim, “I can’t get financing,” “No one will invest in my idea,” etc. ALL of them, excuses! There is a sucker out there who will invest in anything, including your idea, but only if you take the time to find them first.

Kiss a lot of frogs - Successful businessman

31. Expand In A Down Cycle.

Double your work effort when times are difficult. Tough times don’t last; tough businessmen do. It’s a reminder of what Henry Ford once said, “A man who stops advertising to save money is like a man who stops a clock to save time.

This is especially true when it comes to times of recessions and depressions. When the stock market falls, you won’t see Warren Buffett jumping ship. Yet, the rest of the world believes this may really be the end. Meanwhile, he’s buying up everything in sight with the utmost confidence.

Understand that building wealth at the levels most men can never fathom means buying small companies, rolling them into one, puffing your company up like a fat hog, and selling it at the market. When you stop expanding, so does your success. Take for instance this very moment, interest rates are incredibly low.

Banks are flush with cash, literally waiting for you to come and take it. It reminds me of the housing crash years ago. Fast-forward in time, and you’ll see Buffet again, ready to buy bulk real estate when others are still uneasy over the thought of it.

Expand in a down cycle - Successful businessman

32. Pay Yourself And Your Employees First.

That includes through all economic cycles. Share your wealth with your dream team and do it with cash, equity, options, or wants that are tangible rewards for performance and loyalty. Pull cash out of the company and enjoy the lifestyle you and your family have earned.

Most business owners today work their entire lives in one place, waiting for the day they can “cash out.” When the time comes, they are shocked. They discover the market isn’t willing to pay what they had planned to sell off at. Remember, it doesn’t matter how much YOU value your company. What matters is how much someone else is willing to ultimately pay for it!

If you are over 40 and in an upmarket, sell your business. You might not be around long enough to see another one.

Pay yourself and your employees first - Successful businessman

33. Know How To Negotiate.

Define the boundaries of the other parties’ comfort zone. Place the deal inside of them nearest to your own interests. Remember, a deal has to sound good before it is good!

Respect the gentleman on the other side of the table. He’s not as stupid as you may believe, and you’re not as clever as you think!

Know how to negotiate - Successful businessman

34. All Ideas Are Worthless Until Put Into Action.

You are standing in your own acres of diamonds. I’m talking about your mind here. It churns out ideas day after day. But if you aren’t willing to dig for them, they’re worthless.

It doesn’t matter what you invent, figure out, or what mystery of the world you unlock. If you don’t file for a patent, your competitor will. If you don’t pitch your idea in order to get financing, someone else will get the money, and your product will never reach the store shelves. If you don’t write down your idea with the goal of making it a reality, it will NEVER happen.

On the other end of the spectrum here, even the most bizarre business concept can often be profitable. Who would have ever thought pet rocks or even the plastic grocery bag with the smile on it could be multi-million dollar ideas in reality? The people who took action did, and guess what, they succeeded.

Can you imagine how many people called them crazy in the process? How many times they got rejected and ridiculed? It’s truly a shame most men give up on great ideas because they are either too embarrassed, afraid or unmotivated.

All ideas are worthless until put into action - Successful businessman

35. Go From Idea To Execution The Right Way.

Identify the idea. It could be expanding your revenue or forming a new joint venture partner, and so on. Investigate. Then investigate again to see if it is what you think it is. The second time, use different people from within your organization. Commit to the idea. If you’re not obsessed with it, no one else will be. In that scenario, sh-t can it!

Share the obsession and start living it. Discuss how great it will be, how great it will be for America, for whatever. You live it and you breathe it, and you share it with others. Don’t talk about anything else, period! It becomes your whole life. Walk the talk.

Never share your doubts with anyone, ever! Not your wife, mistress, etc. even if it eats you up inside or makes you an insomniac at night. You WILL have a lot of doubts, however, you must be a bulldog. The moment you say, “I don’t know if it’s going to work,” the deal is DEAD. It’s over, it has fallen apart.

Put together a critical path. Your team of decision-makers will do this, not you! They are the ones who are going to have to implement and execute it. If they don’t get it accomplished, you are the one who puts their heads on a pole. Stay out of it! Create a detailed timeline. Continually measure every single thing. You don’t measure it, they do.

Your other decision-makers will implement the plan. They keep focused and follow up at subordinate levels. This is the grunt work, the real work. Focus follow-up at the decision-maker level.

Execution. It means laser beam focus without deviation and no blinders. You lead from the front; it is the only thing in your life. Never second-guess your subordinates, as they will make mistakes at all levels and lots of them. Only step in and override when you believe it will take down the company. People must be given permission to make mistakes. It’s the only way they can grow exponentially. Reevaluate and start all over again.

Go from idea to execution the right way - Successful businessman

36. Conventional Wisdom Is Almost Always Wrong.

You can’t do that“… You will hear those words a million times! It comes in many different forms. “It’s the worst recession ever, you can’t get a loan.” “You can’t get financing if you have bad credit.” The most obvious rationale given to you will almost always be wrong.

The truth is, it’s extremely difficult when you’re starting out to overlook the obvious and go against all conventional wisdom; it’s near impossible. However, you MUST remain focused on the positive. Talk about the positive, never the times you weren’t successful. Keep your eyes set far down the road. Assume people are honest and that they will deal with you fairly. When you discover they are not, the rules change entirely.

You can investigate at either the beginning or the end, though, if you’re uncomfortable do it at the start. Spend a few thousand dollars to see if that person is no good. Hire real investigators. Every penny you spend will be worth it. Period. For instance, if you are doing a $5 million dollar joint venture with a partner, spending $10,000 is a drop in the bucket; it’s cheap!

Conventional wisdom is almost always wrong - Successful businessman

37. Establish A Line Of Credit.

Contrary to popular belief, credit cards are NOT a line of credit. A fourteen-year-old child can have an American Express card. Any moron on the face of the planet can get one. If you feel proud because you have one, you’re an idiot!

You must start thinking in terms of fishing with nets, not lines. Doing thirty deals and closing multiple houses instead of buying one at a time. Most refuse to do twenty or thirty deals at a time because they are afraid of what happens when more than one gets approved.

Establish a line of credit - Successful businessman

38. You Don’t Need A Business Plan To Get Financed.

Never go into a bank with a business plan. On the first meeting, you must show up with nothing. No papers!

Ask the financial banker for a copy of a proposal that has been approved by the bank. Tell them to redact and black out the names. They’ll give you a business plan that works and you don’t even have to write one.

Remember, business plans are NOT set in stone. At best, there are wild-ass guesses. The same is true for when you estimate how much financial cash you will need.

You don’t need a business plan to get financed - Successful businessman

39. When You Borrow Money, Borrow Big Bucks.

If you need ten thousand, borrow fifty! Always borrow more than you believe you will need. In all honesty, you never truly know what the number will be; you’re only assuming. Understand that you’re not doing anything wrong here.

When it comes to 1, 3, or 5 over prime, it should NOT make a difference in your deal. If it does not pencil out, your deal is too tight and it’s no damn good! Expect there to be a margin for errors and mistakes.

You don’t need a business plan to get financed - Successful businessman

40. It’s Not That Money You’ve Got To Worry About, It’s The Deal!

In reality, banks today are flush with cash. The only problem is, most men aren’t smart enough to get off their ass and actually go get it. You don’t have money for your projects because you don’t ask for it! And you don’t ask for it because you don’t wholeheartedly believe in it enough. And if you don’t believe in it enough, the bank knows it and so do you. And that’s why you don’t ask them because, let’s face it, you already know exactly what they’re going to say!

Without any enthusiasm, your chances are next to ZERO. Remember the most beautiful woman at your school, the one you never asked out? It’s no different!

It’s not that money you’ve got to worry about, it’s the deal - Successful businessman

41. Bad Credit And All Other Excuses Are Not Valid.

It’s true bankers are more inclined to lend you money when you have a track record. The same can be said for your credit rating. They lend to people who have had a successful chain of transitions. If you have none of these, you need to partner with someone who does.

Past the first transition, even if you give up most of your equity, it will be worth it. That track record will carry over to the second, third, and so on. Understand that having your mother-in-law or father-in-law on the deal with you can be a red flag to bankers. More than one last name across the page is always the better option.

When you’re looking for banks, keep an eye out for two that have just merged. If there’s a new bank in town, set up a tent outside their front door. Also remember, there ARE financial institutions out of this country that require none of the above. It’s YOUR job to go to them even if it means hunting for cheap flights or riding on a boat! The US is not the only financial playground in the world.

Of course, it’s also perfectly fine to shop for a deal. More than six credit checks on your report is not a big thing!

When it comes to angels, aka the old man with money who will fund your project, expect a GREAT one to take 85-95% of your deal and throw your ass out within 1 year if you can’t deliver as the CEO or boss. While you might think you can manage, the truth is most can’t! Finding angels is not difficult; it’s only difficult but you never ask.

If possible, position yourself properly by using audited financials. You’ll double your chances of approval. When they’re from a big fix firm, you can expect that to be even 25% higher.

Remember, you must be willing to put your neck out on the line. If you won’t, why should a banker? You are the one running the company, not them! Roll your financial worth if you have to.

Aside from bankers, you have other options. Owner financing for one. For instance, a man may have run his business for fifty years, and now he’s watching his wife cough up blood at the hospital. He wants out, FAST! Let’s face it, there are plenty of opportunities out there. However, you must look for them and ask first!

Bad credit and all other excuses are not valid - Successful businessman

42. Success In Selling Is Smiling And Dialing.

When pitching for funding, you’ll be met with an emotional hurdle! Think of yourself as a concept salesman. It doesn’t have to feel sleazy like being a used car salesman or the guy who sells encyclopedias at your front doorstep.

You must practice! Do so for two to three hours before a presentation, and you will be a thousand times more at ease. You must sell your vision with clarity. The banker has to feel like you’ll do WHATEVER it takes to pay back the money. That passion needs to be crystal clear!

Success in selling is smiling and dialing- Successful businessman

43. Know How To Deal With Bankers.

You want to work with a banker who can make a decision, NOT one that will waste your time. Ask them, “What is the lending limit of your bank?” Immediately, you will separate yourself from 99% of the other people he’s ever talked to. When he responds, ask, “Secured or unsecured limit?” When you have that information, ask, “What is your lending limit?” By that, I mean the amount he doesn’t need a sign-off from his superior for. If his limit is $25,000, you ask for $24,950.

If he can’t make a credit decision himself, you don’t want to talk to him. If you must talk to a committee of two, make sure both of them are present at the same time. If it’s more than two, find another bank!

Before stepping a foot in the door, call and set up the interview, and ask to speak with the senior leading officer. “This is Brian Cornwell, is your bank in a lending mode right now?” You don’t want to invest time only to find out the FDIC is closing the bank down next month.

If they ask why, respond, “I’m looking for a new financial relationship.” Remember, it is always better to have an assistant set up your interviews for you when possible. What you are really doing here is simply qualifying the bank.

Know how to deal with bankers - Successful businessman

44. When Interviewing Banks And Financial Institutions, Don’t:

NEVER mention that you are looking to borrow money. That’s what 99% of the people who walk into banks today say. And you know what, it reeks of desperation! Always mention that you are looking to establish a new financial relationship.

Be a bum and walk around with your hat in your hand. YOU are in control; YOU are driving the show here. Avoid appearing nervous; it will affect your ability to pitch your deal with confidence. Again, it goes right back to the practice bit. You must rehearse beforehand.

When interviewing banks and financial intuitions don’t - Successful businessman

45. Consolidate Fragmented Industries.

Let’s face it, starting from scratch with a brand new business takes years and years of hard work. Even then, you’re looking, on average, at roughly 3 to 5% profit margins. However, when you build groups of enterprises through acquisitions, the rewards are exponential and the time frame is considerably short.

Aim to generate a combined value in this group. Achieve a synergy by which that bottom line value is far superior to the sum of the individual operations. Think in terms of Unilever, Time Warner Cable, General Motors, US Steel, and so on. Remember, real wealth is the result of repeated acquisition, sale, and/or IP of businesses.

ConsoliConsolidate fragmConsolidate fragmented industries - Successful businessman

46. When It Comes To Purchasing, The Majority Of The Choice Stems From Emotion.

If there’s one thing car dealerships are really good at, it’s using this statement above to their advantage. They know the moment you test drive a new vehicle off the lot, you will, more often than not, fall in love with it. However, it doesn’t matter what you’re selling; the rule applies to unloading a business as well.

Assume a potential buyer visits your location. They will see everything from the dirty carpet to the cluttered receptionist desk. They will notice how loud your employees are alongside the awards you have hung up on the wall. (It’s a good reason why franchises in the dealer world have STRICT showroom guidelines. I mean, fine tooth comb strict.) You MUST puff up the hog.

When it comes to purchasing, the majority of the choice stems from emotion - Successful businessman

47. The Market Decides How Much Your Business Is Worth.

Not you! There’s the market comparison approach, the asset approach, the gross revenue approach, and the “here’s how much I’m willing to pay” approach.

Most buyers will request three years of records. While you may supply your projections, no one is going to believe you. Buyers will do their own research and make their OWN projections, on which they’ll base the valuation.

When it comes to purchasing, the majority of the choice stems from emotion - Successful businessman

48. Don’t Become A Fat Cat.

Most of the successful entrepreneurs and business leaders you see today were once like you. They were bold, determined, and ruthless in accomplishing their dreams. After their first entrepreneurial success, they stopped and decided it was time to play it safe. In other words, they practically retired early. They might wait for their sons to take over their company after they die.

Remember, you can’t cling to your past successes like a teddy bear. You MUST repeat the process over and over again.

Interestingly enough, on the other end of the spectrum, you have the businessmen who become rich, yet feel they didn’t ultimately deserve it. What happens is they usually end up going broke.

Don’t become a fat cat - Successful businessman

49. You Must Sell The Seller On You.

It’s not uncommon to find a business founder or owner who is VERY protective over their company. It’s pretty apparent when you hear people talking about the “BRAND” over and over. (I can’t tell you how many times I’ve come across people who are so focused on the “brand” they put business completely aside. It’s amazing.)

They want to know their baby is going to be in good hands with you. They’ll ask who you are and ask how you will run the company. To answer these questions, you NEED credibility. Having your accountant or lawyer make the first call will do that. If you insist on calling yourself, give references to the two above. It will satisfy their due diligence. Of course, you can also include these in a letter as well.

You must sell the seller on you - Successful businessman

50. Start Today.

If you do not take action within the next 24 hours, you NEVER will. Time flies; you could be in your twenties or thirties at this very moment. The next thing you know, you’ll be in your sixties and seventies. All within the blink of an eye. Don’t wait until it’s too late because that time WILL come.

You need nothing more than a cell phone and a notebook. It doesn’t matter if you’re dead broke or haven’t worked a day in your miserable life! The only thing holding you back from reaching the level of super success you desire is, quite simply, YOU!

Accept that life isn’t fair, stop being weak, and start taking action. Period.

Start today - Successful businessman
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Top 151 Best Books For Men – What Successful Businessmen And Entrepreneurs Read https://nextluxury.com/mens-lifestyle-advice/top-150-best-books-for-men/ Sun, 04 Jan 2015 16:35:07 +0000 http://nextluxury.com/?p=9699 …]]> “Education begins the gentleman, but reading, good company, and reflection must finish him.” – John Locke

Can you guess the strangest secret of successful men?

Clickty, clank, clickty, clank…

It’s not just the money in their piggy bank…

Truth be told it’s the books in their library. Read the biographies of successful men and you’ll find two universal truths: They are avid readers and lifelong learners. The moment you think you know it all, you stop growing. Without knowledge, you have no power. Without literature, you have no freedom.

A private library has always been an escape for the curious mind; start one. After finishing this list you may just be more inclined to start something even greater. A Fortune 500 company perhaps…

This is the most comprehensive list of books for men on the planet.

Business, Start-Up, and Management Books

BUSINESS, START UP AND MANAGEMENT BOOKS - Successful Businessmen And Entrepreneurs Read

Best Business Books For Men

I came. I saw. I made millions.

1. The Lean Startup – Eric Ries
2. One Simple Idea – Stephen Key
3. The Obsolete Employee – Michael Russer
4. Hiring Smart – Pierre Mornell
5. The Profit Zone – Adrian Slywotzky
6. Start Small, Stay Small – Rob Walling and Mike Taber
7. E-Myth Revisited – Michael Gerber
8. Business Model Generation – Alexander Osterwalder
9. Crush It! – Gary Vaynerchuk
10. Delivering Happiness – Tony Hsieh
11. Founders at Work – Jessica Livingston
12. Good to Great – Jim Collins
13. Innovation and Entrepreneurship – Peter F. Drucker
14. Made to Stick – Chip Heath
15. Making Ideas Happen – Scott Belsky
16. Maverick – Ricardo Semler
17. Purple Cow – Seth Godin
18. Ready, Fire, Aim – Michael Masterson
19. Street Smarts – Norm Brodsky
20. The Art of the Start – Guy Kawasaki
21. The Toyota Way – Jeffrey K. Liker
22. The Personal MBA – Josh Kaufman
23. Escape from Cubicle Nation – Pamela Slim
24. Bankable Business Plans – Edward Rogoff
25. The Innovator’s Dilemma – Clayton M. Christensen
26. The Four Steps to the Epiphany – Steven Gary Blank
27. Business Stripped Bare – Richard Branson
28. The Hard Thing About Hard Things – Ben Horowitz
29. Zero to One – Peter Thiel
30. Competition Demystified – Bruce C. Greenwald

INVESTING, WEALTH AND FINANCE BOOKS

INVESTING, WEALTH AND FINANCE BOOKS - Successful Businessmen And Entrepreneurs Read

Wealth And Finance Books For Men

Stack That Cash

31. Fail-Safe Investing – Harry Browne
32. How to Get Rich – Felix Dennis
33. The Investor’s Manifesto – William J. Bernstein
34. The Smartest Investment Book You’ll Ever Read – Daniel R. Solin
35. Common Stocks and Uncommon Profits – Philip A. Fisher
36. The Millionaire Fastlane – MJ DeMarco
37. The Intelligent Investor – Benjamin Graham
38. The Power Curve – Scott G. Kyle
39. Rich Dad Poor Dad – Robert T. Kyosaki
40. When Genius Failed – Roger Lowenstein
41. The Essays of Warren Buffett – Warren E. Buffett
42. Stocks for the Long Run – Jeremy J. Siegel
43. I Will Teach You To Be Rich – Ramit Sethi
44. Your Money or Your Life – Joel Dominguez & Vicki Robin
45. The Millionaire Next Door – Thomas Stanley & William Danko
46. One Up On Wall Street – Peter Lynch & John Rothchild
47. It’s Not About The Money – Brent Kessel
48. Work Less, Live More – Bob Clyatt
49. The Little Book That Still Beats the Market – Joel Greenblatt

SALES, MARKETING AND PSYCHOLOGY BOOKS

SALES, MARKETING AND PSYCHOLOGY BOOKS - Successful Businessmen And Entrepreneurs Read

Best Sales And Marketing Books For Men

Sell Me This Pen

50. The Culting of Brands – Douglas Atkin
51. Inbound Marketing – Brian Halligan, Dharmesh Shah & David Meerman Scott
52. The 22 Immutable Laws of Marketing – Al Ries & Jack Trout
53. How We Decide – Jonah Lehrer
54. Influence– Robert Cialdini
55. Tribes – Seth Godin
56. CrowdSourcing– Jeff Howe
57. The Wisdom of Crowds – James Surowiecki
58. Cashvertising– Drew Eric Whitman
59. Words That Sell
60. Words That Work
61. Persuasion IQ – Kurt W. Mortensen
62. Permission Marketing – Seth Godin
63. Why We Buy – Paco Underhill
64. Guerrilla Marketing – Jay Conrad Levinson
65. Blue Ocean Strategy – W. Chan Kim
66. Chasing Cool – Noah Kerner
67. The Paradox of Choice – Barry Schwartz
68. The Ultimate Sales Machine – Chet Holmes, Jay Conrad Levinson & Michael Gerber
69. Tested Advertising Methods – Caples
70. The Tipping Point – Malcom Gladwell
71. The Boron Letters – Gary Halbert
72. Max Money – Gary Halbert
73. On Writing Well – William Zinsser
74. Presentation Zen – Garr Reynolds
75. The Copywriter’s Handbook – Robert Bly
76. How To Write A Good Advertisement – Vic Schwab
77. Breakthrough Advertising – Eugene Schwartz
78. Scientific Advertising – Claude Hopkins
79. Buyology – Martin Lindstrom
80. Selling the Invisible – Harry Beckwith
81. Secrets of Closing the Sale – Zig Ziglar
82. SPIN Selling – Neil Rackham
83. Crucial Conversations – Kerry Patterson
84. The Sales Bible – Jeffrey Gitomer

MOTIVATION, PRODUCTIVITY AND SELF-IMPROVEMENT BOOKS

MOTIVATION, PRODUCTIVITY AND SELF-IMPROVEMENT BOOKS - Successful Businessmen And Entrepreneurs Read

Best Productivity And Self Improvement Books For Men

A Wise Man Once Said…

85. Seeking Wisdom – Peter Bevelin
86. Little Bets – Peter Sims
87. Brain Rules – John Medina
88. Outliers – Malcolm Gladwell
89. Here Comes Everybody – Clay Shirky
90. Never Eat Alone – Keith Ferrazzi & Tahl Raz
91. Talent Is Overrated – Geoff Colvin
92. Making a Good Brain Great – Daniel G. Amen
93. The Talent Code – Daniel Coyle
94. Hackers & Painters – Paul Graham
95. The Time Paradox – Philip Zimbardo & John Boyd
96. The $100 Startup – Chris Guillebeau
97. Getting Things Done – David Allen
98. 10 Days to Faster Reading – Abby Marks-Beale
99. StrengthsFinder 2.0 – Tom Rath
100. The Power of Less – Leo Babauta
101. The 80/20 Principle – Richard Koch
102. Bit Literacy – Mark Hurst
103. The Power of Full Engagement – Jim Loehr & Tony Schwartz
104. How To Win Friends and Influence People – Dale Carnegie
105. Self-Directed Behavior – David L. Watson & Roland G. Tharp
106. Personal Development for Smart People – Steve Pavlina
107. Re-Create Your Life – Morty Lefkoe
108. Lead the Field – Earl Nightingale
109. The Art of Exceptional Living – Jim Rohn
110. The 7 Habits of Highly Effective People – Stephen R. Covey
111. Drive – Daniel H. Pink
112. Losing My Virginity – Richard Branson
113. Rework – Jason Fried
114. Steve Jobs – Walter Isaacson
115. The 4-Hour Workweek – Timothy Ferriss
116. The Dip – Seth Godin
117. The One Minute Entrepreneur – Ken Blanchard
118. The Power of Now – Eckhart Tolle
119. The 48 Laws of Power – Robert Greene
120. Think & Grow Rich – Napoleon Hill
121. Art of War – Sun Tzu
122. Awaken the Giant Within – Tony Robbins
123. Getting Things Done – David Allen
124. How Life Imitates Chess – Gary Kasparov
125. Eat That Frog – Brian Tracy
126. Negotiating with Giants – Peter D. Johnston
127. The Lazy Man’s Way To Riches – Joe Karbo
128. Integrity – Henry Cloud
129. Think Big – Donald J. Trump
130. Turn the Ship Around! – L. David Marquet

APARTMENT AND REAL ESTATE BOOKS

APARTMENT AND REAL ESTATE BOOKS - Successful Businessmen And Entrepreneurs Read

Real Estate Books For Men

For Rent!

131. What Every Real Estate Investor Needs to Know About Cash Flow – Frank Gallinelli
132. Millionaire Real Estate Investor – Gary Keller
133. Buy and Hold Forever – David Schumaker
134. The Complete Guide to Buying and Selling Apartment Buildings – Steve Burgess

BOOKS SPOTTED IN THE WILD

BOOKS SPOTTED IN THE WILD - Successful Businessmen And Entrepreneurs Read

I heard you were reading..

135. Atlas Shrugged – Aryn Rand
136. How to Be Invisible – JJ Luna
137. An Ordinary Man – Paul Rusesabagina
138. Freakonomics – Steven D. Levitt
139. Capital in the Twenty-First Century – Thomas Piketty
140. Business Adventures – John Brooks
141. Quiet – Susan Cain
142. Setting the Table – Danny Meyer
143. Man’s Search for Meaning – Viktor E. Frankl
144. A Random Walk Down Wall Street – Burton G. Malkiel
145. Getting Naked – Patrick Lencioni
146. The 4 Disciplines of Execution – Chris McChesney
147. My Life in Advertising and Scientific Advertising – Claude Hopkins
148. Start with Why – Simon Sinek
149. The Prophet – Kahlil Gibran
150. The Power of Habit – Charles Duhigg
151. Financial Peace – Dave Ramsey (Thanks Tony)

Anything I Missed?

Thank you to all the businessmen who sent me their list of favorite books.
Now it’s time to hear from you:
Are there any books that I missed?
Or maybe you have an idea of how I can make the guide even better.
Either way, tweet me @NextLuxury and let me know.

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