I’m reading ABC’s of Real Estate Investing by Ken McElroy. I love the goal setting chapter, love the book. I wonder if I’ll ever put up a book here that I don’t love. A metric is in order (1-5? thumbs?). After reading the first chapter, I contacted half a dozen people for rec letters and finally took the first steps to getting away from computer programming and had my first interview for a job where I’ll be learning skills I actually want and plan to use and will be giving more than I take! So far this book has the highest rating possible. Period. Tied with Rich Dad, Poor Dad itself….
Update: Read the whole book. It’s amazing and goes through all the parts of the process. It’s super motivational and super educational. It’s a must read.
You can live in a palace filled with treasures and still be poor. To be wealthy you must own the things you have.
So too with poverty of the mind: You may have all the knowledge and brilliant ideas in the world, but you are still poor until they have become part of you.
From the wisdom of the Lubavitcher Rebbe; words and condensation by Tzvi Freeman. To order Tzvi’s book, “Bringing Heaven Down to Earth”, click here.
(from Chabad‘s Thought of the Day)
SalesDogs (or Sales Dogs?) is another book that rocks. Also by Blair Singer. I’m not in sales, and have never been in sales, but after reading the book, I got all excited about it anyway. It made me want to go out and try my hand at it. I like how the book breaks down different kinds of people (or dogs) and its attitude. Instead of fixing what you suck at, it says get good at your natural skills, then start picking up skills from others. Its a neat flip of an approach. Some other cool things in the book are attitudes toward trying, rejections, getting started, and getting things done. I think this is a really good book to follow Rich Dad, Poor Dad or the Rich Dad Cashflow Quadrant book with. It gives a kind of path to someone that wants to move to the right side of the quadrant but isn’t sure how, and it does so realistically too. One of the interesting things it mentions is that it’s worth the time to stay at a certain place to build knowledge of the territory and learn all the skills and build the necessary authority and networks. It says that in choosing a company to work for, one should choose it for the training and knowledge that one will receive. It also gives a progression from selling products for someone and building the skills and knowledge, to opening a franchise and selling the product or service yourself, to eventually selling the franchise and learning to sell franchises. Very neat, optimistic, more realistic and clear. After reading this book I really started to wonder about my whole actuary endeavor. It got me all excited about sales and made me more eager to try real estate. The SOA exam is in mid February. I still plan to pass it, but as far as work goes, big surprise (sarcasm) now I’m thinking about another field. Next book: something about getting started in real estate.