The 17 Books That Changed My Life.

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Iman Gadzhi
This is how I started making $10,000/month when I was reading a book per week: https://youtu.be/uCjc...
Video Transcript:
I have read hundreds of books on everything from investing to corporate structure to the psychology of persuasion and here's the truth 95 of what they tell you is completely useless when it comes to actually getting rich so let me go ahead and save you the thousands of hours I have spent reading that never actually benefited me when it comes to making money now listen do not get me wrong the books I read were wonderful in their own right they were fascinating but they didn't help me get rich and honestly you have no time to waste
so these are the 17 books that will actually make you rich the first thing that you really need to understand is that the type of books you're gonna read to go from zero to ten thousand dollars a month will be very different to those that you're going to read in order to hit a hundred thousand dollar months or even make a million dollars a month so therefore I actually divided these 17 books into three categories going from zero to ten thousand dollars a month ten thousand to a hundred thousand dollars a month and a hundred
thousand dollars to a million dollars a month then I actually threw in a bonus category which is the books that will help you grow from a million dollars a month to ten million dollars a month and Beyond and honestly I would say that that is probably the most interesting one and that's because at that level macro economics actually become the most important thing that's really when you start to study how the world actually works you get into books like the house of Morgan which explains the truth behind the banking system but we're gonna get to
that a little later in the video now the first book on this list almost sets the foundation for everything to come and by the way it's also the only fictional work on this list and I'm talking about The Alchemist now this book tackles the very prerequisite of making money and getting rich and that's having the guts to actually follow your purpose because make no stake about it is far easier to never take that leap of faith or to never start that business so before you can even think about making money you need to have a
very honest conversation with yourself and you need to decide if you're willing to take that bet on yourself and decide if you are willing to overcome the obstacles that come with following your purpose because when you're starting from zero and you want to get to ten thousand dollars per month that is probably the hardest income threshold to reach and the reason behind that is because everything is working against you you see when you're first starting out you actually need to rewire your entire brain you don't need to Simply make money but you need to become
the person that's worthy of making money so when I say that everything is working against you what I mean by that is that the person you once were is at odds with the person that you're becoming and just like Newton's first law of motion you're fighting inertia and in some sense zero to ten thousand dollars a month boils down to one thing mindset you need to adopt that mindset that success is not just a desire it's a necessity and that is exactly the lesson of the next book on the list Think and Grow Rich by
Napoleon Hill and much like the title of the book suggests it boils down to the idea that if you're able to conceive it and leave it well then you can achieve it and I'd say that's really the first step towards becoming rich actually believing that you can and realizing that it's the only path forward you see the book also talks about another Pitfall I see far too often in people just getting started you see often when you're getting started you'll get stuck waiting waiting for the perfect moment waiting for the perfect business model just waiting
for everything in order to not get started and the truth is as obvious as it seems is that there's no perfect time there never was and there never will be in the beginning of any Journey let alone the Journey of getting rich is going to be messy and my friend that's simply the name of the game and honestly being able to navigate through that mess is what will make you successful and here's where we get to the next book Atomic habits you see the next book Atomic Habits by James Clear teaches you how to do
exactly that you see we already established that you need to become a person worthy of success so how do you do that well you are the sum of all of your actions so to change yourself you need to change your actions and obviously you can't just reinvent yourself overnight so you need to do it in incremental steps by implementing new habits killing old ones and keeping the worthy ones and that's exactly what Atomic habits teaches you to do I remember when I read it for the first time it completely changed how I approached my work
and allowed me to stack all of my good habits day by day I kept solidifying my habits until they eventually became second nature now real quick before I get to the next book I know a lot of you guys are watching this and going this is amazing but none of these books are going to show me what online business do I start this year that will actually get me Rich because as I said these are 17 of my favorite books out of hundreds that I've read but these books aren't going to tell you hey this
year this model is working this model is not working maybe you should try this based on your personal personality type so that's why I'm going to leave the link to my most popular YouTube video down below this video has helped millions of people decide what business model is the right one for them and which ones they should start today because it is working the best so once you finish that video I will leave a link in the description go ahead check out that YouTube video pick the right business model for you and let's get back
to the video now once you've built a solid base of habits and perhaps you've already chosen your business model and you're starting to make some cash you need to start setting expectations and what I mean by this is you need to really begin to understand how to think about money and that is exactly what you're going to learn in money Master the game by Tony Robbins you know it's funny I distinctly remember being 17 years old reading this book and doing one of the exercises where you have to design your life in three ways in
the first scenario you're just scraping by and you write down how much money you need in order to make that happen from your passive investments in the second scenario you're living comfortable but not extravagantly and once again you need to calculate how much of a nest egg you need in order for that to happen and in the final scenario you calculate how much money you need to go all out and what you'll come to realize is that if you're being honest with yourself success is a lot closer than you may think and it's funny I
even went through this exercise as a 17 year old and I'm sure we all think we're like oh I need to make a 10 million dollars a year to live my dream lifestyle and I looked at it and after I had written everything down my dream lifestyle was like seventy thousand dollars a month and the funny thing is the next year when I was 18 years old I was making that amount of money every single month so I guess it's just crazy how writing things down physically works and it's funny I still have those journals
in my house to this day but anyways back to my point I think for me it was very powerful because in my mind as I said I thought like from my dream lifestyle I have to make millions and millions of dollars a year and listen seventy thousand dollars a month I understand it's still a good chunk of of money it was still substantially less than what I thought I did so when I wrote everything down I was like oh wow for me to live my dream lifestyle it's a lot closer than I thought now listen
of course your expectations will always change and as you become more successful you might want more from life but it's just a very powerful exercise to get you to quantify what success actually looks like financially because how can you start working towards success if you don't even know what it means when it comes to cents or dollars so once you've set your expectations you need to start executing and executing by the way means how do I make that money actively you know in the same way that a year later I was actively earning what was
my dream lifestyle you know my future dream lifestyle I had written 18 months before or you know a year before and what's even more powerful is that if your passive income gets to a point where where it pays for that lifestyle for the rest of your life and what I mean by passive I mean the income from your Investments not some business that is passive because these things can always shrink and you know and businesses get stale and I'm talking about your safe Investments to grow your one year and what was crazy for me was
that three years later after I had done that from an active perspective I'd built up a big enough Nest Egg where I made that every single year just from my investments so that's really all to say that this stuff is powerful and the stuff works now the next set of books I want to talk about is going from ten to a hundred thousand dollars a month because once you've nailed down your mindset and your work machine you really enter the next phase of getting rich now instead of working harder you need to learn how to
work smarter or preferably still do both but that really means that you need to focus on systems that you can leverage and as a result the type of books that will get you from ten to a hundred thousand dollars a month are very very different in the four hour work week illustrates this point perfectly in describing the Pareto Principle you see the Pareto Principle also known as the 80 20 rule states that 80 percent of Any Given output derives from 20 of the input so in other words twenty percent of your clients will make up
eighty percent of your revenue and the craziest part is that this rule extends far beyond just business it's pretty much a law of nature for example 20 of food causes 80 of weight gain so regardless of how you frame it the 80 20 rule allows you to figure out how to work smarter not harder the next book we need to talk about is influence and the psychology of persuasion now this is one of the highest leveraged skills you can have is the ability to persuade masses of people and that's really where influence the psychology of
persuasion this book truly shines and I feel like this book is very powerful when you read it right before reading the next one which is confessions of an advertising man you see this book paired with David ogilvy's confessions of an advertising man are pretty much the only marketing books that you will ever need to get rich because they're going to teach you the fundamentals of persuasion both in marketing and more broadly as well as the skill of copywriting so once you know how to Market and persuade buyers you need to make sure that your product
is constantly evolving and that is the focal point of the next book I'm going to recommend which is the Lean Startup now the book talks about the importance of execution plus having a proper feedback loop because when you're able to execute fast and have proper feedback you're going to be able to quickly pivot off the back of that and tap into the heart of the demand in any given market now the next high leverage skill you need in Your Arsenal as you build your way up from ten to a hundred thousand dollars per month is
negotiation and we've all heard the saying that everything is a negotiation and that's precisely why it's so important to be good at it now the difference between knowing nothing and just reading a few books on the topic are massive and that's why I never split the difference is going to give you the Baseline you need in your path to a hundred thousand dollars a month it teaches you a method called tactical empathy which you can use to build trust and Rapport and the result of this the other person will mimic the same level of empathy
for you whether you're negotiating with clients business partners or potential investors the techniques in this book will help you make more money and it doesn't have to be Complicated by the way simple things like mirroring what the person is doing in front of you will have a profound subconscious effect on them that could mean just repeating someone's last few words at the beginning of your sentence that can form the familiarity that you need to win negotiations but the key to success here is understanding people and that's where the next book comes in now listen no
matter where you make your money you're gonna have to deal with people it doesn't matter if it's your employees or the police you need to know how to deal with people because the difference between knowing how to navigate the social landscape and not is truly the difference between failure and success you need to learn how to inspire others to fulfill your vision and also how to not piss off the wrong people because let me tell you something friends are far more useful than enemies and that's why how to Win Friends and Influence People is perhaps
the best book I've read when it comes to understanding human nature that book when the 48 Laws of Power are your complete guide to Human Relationships the 48 Laws of Power teaches you laws of human nature it's actually rooted in history now I also want to give you a disclaimer and say that the 48 Laws of Power can also be used for evil so make sure you use it wisely now once you've nailed down your marketing your product and your relationships there's one Central Point that remains you need to be able to build a bulletproof
business and that means you need to understand the ins and outs of business so when you're trying to get from ten thousand dollars per month you can be a bit rough around the edges but that does not fly when you want to play in the big leagues now sure you could go out and spend a quarter million dollars on an MBA or you could just read the personal MBA because this book distills everything you need to know about business and really 99 of the things you'd learn from doing an MBA in the first place this
book talks about everything from operations management and finance to leadership and accounting and I can promise you that if you read just this book you'll know more than most business owners now next let's talk about going from a hundred thousand dollars a month to a million dollars a month now something interesting happens when you go from 100K to a million dollars a month you see up until 100K per month you focus on building skills you want to learn the nitty-gritty that allows you to excel essentially there's a one-to-one relationship between your skills and your income
but that changes drastically when you want to get 10 million dollars per month now the knowledge you begin to seek is far more esoteric instead of looking to improve your sales you're trying to understand the bigger picture that you operate in in simply where you start to look beyond your business and that's when things get really exciting and at a hundred thousand dollars a month is also when investing becomes crucial in your wealth accumulation now of course you should have good investing habits from day one but at a hundred thousand dollars a month and above
is where things get serious and that is precisely why you need to read books like the intelligent investor to really move the needle when it comes to making you more money and this is not just some get rich quick scheme this is a tried and tested method since 1949. the book outlines everything you need to know about value investing which is really the only way you should be investing to protect and multiply your wealth with minimal risk now later in the video we're going to talk a little bit about JP Morgan but there's one quote
in particular that stands out from him you see JP Morgan famously once said that whilst millionaires don't use astrology billionaires do in the next book reality Tran surfing is less about astrology but it is about using the world to your advantage reality Tran surfing posts a theory that you can manage your reality with Tran surfing you can make your goal rules happen now of course take this with a grain of salt but there is no doubt that there is much more to reality than meets the eye and equally it is clear that some people just
seem to be able to bend reality to their will and all I'm gonna say to that point is that I know a lot of people look at me with that same thought they look at me and they go how have you done all of this how have you accomplished all this how have you been able to bend reality to exactly what you wanted and all I'm going to say to that is I read reality Tran surfing when I was 14 years old for the first time since then I must have reread it over a dozen
times I'm not going to say anything more make of that who you will now as important as it is to master your own reality you also need to understand everyone else's because how people act ultimately shapes the economy and that's what the book misbehaving is all about it's an introduction to behavioral economics behavioral economics is one of those areas that simply doesn't matter when you just want to get to ten thousand dollars a month but it matters a whole lot when you want to get to a hundred thousand dollars and especially a million dollars a
month or more the book explains how investors can use behavioral economics to their advantage and this is yet another great example of how one simple book can make you now let's go from a million dollars a month to 10 million dollars a month and further and this is where things get very very interesting here's where things begin to really shift to get to a million dollars a month and above you need to analyze the world around you and you need to understand how things work but in order to get to 10 million dollars a month
onwards you need to start analyzing history in order to understand the future and it's at this level you need to get into the most esoteric books books that I've been talking about for years on my YouTube books like the creature of Jekyll Island this book unveils The Secrets of the money magicians of the Federal Reserve because it's only once you begin to understand how money actually works that you can start to really get wealthy and I know that when I read this book it completely opened my eyes to the real world a world which most
people are blind to but once you understand the Federal Reserve you also need to understand how the banking system works and once you understand the fed and the banking system you can truly begin to realize your ultimate potential and that's why these books are so important in making you rich and that's why the next book I want to talk about which is the house of Morgan it's actually a biography of the entire Morgan family and how they created the modern day banking system I have said this time and time again but history is doomed to
repeat itself and the only way to truly be able to understand the future is by studying the past and once you have a firm grasp on the past you can even begin to start predicting the future you see history repeats itself and you can actually use that to your advantage go ahead and think about all the different bubbles in history everything from the gold rush in the 1850s to the rise of Bitcoin I mean what if you'd bought Bitcoin in 2010 well if these cycles of boom and bust have happened all throughout history well then
they're bound to happen again the key is that you need to be able to spot the trend before everyone else and that is exactly what devil take the hindmost teaches you this book will walk you through the major cycles of boom and bust in recent history and that means that after reading this you're going to be able to identify these Trends and that my friend is how you can multiply your wealth tenfold equally it's also how you can protect your wealth so that's why it's so important to understand the past in order to understand or
even predict the future you see in some sense getting rich is all about doing the right thing in the right order at the right time I mean just think about it you could have had the best idea for a tech startup after the.com bubble but you would have never gotten funding and vice versa so that's why it's important to be able to spot the trends as they emerge so ladies and gentlemen those are the 17 books that will help you make your first ten thousand dollar a month all the way up to your first 10
million dollar a month those are the best books I I have used in that time period if you want to make more than 10 million dollars a month I can't help you with that because I've never done that but these books read at the right time in that order have helped me the most and I can tell you the books that I read to start making more than a million dollars a month I still read some of those books when I was dead broke it was interesting but I don't feel like it helped me at
the right time and that's why I think it's so important that you read these books I mean you can read them for entertainment even if they don't apply to your current situation but just understand when you read these books at the right time when you're facing the problems that these books will teach you about that's when it's the most powerful a lot of these books I reread when I applied more to me and my life situation at that period of time and it was always so mind-blowing because I would read the book and I'm like
but I've read this before but why is it that this time I find it so incredible like why has this been so powerful this time and of course it was because it directly reflected what I was going through at that point in my wealth creation phase so ladies and gentlemen I really hope enjoyed this video I stayed at a very very late compiling all these books and just going through all of my physical books all of my Kindle books everything to really bring you this specific list so I hope it was a value to you
and as always I'll be watching you from afar and I'm rooting for you
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