16 highly effective investing and money books.

These are the key ones that will help you get your financial shit together: 1. MINDSET Books

Getting your head straight on how to build wealth is step #1 in your journey.

Secrets of the Millionaire Mind
Before you can become a millionaire, you have to think like one.

Here’s a thread I wrote on the book:

https://twitter.com/fmarciano/status/1676639262609997845

28 Ways to Guarantee Poverty by @AlexHormozi

A year ago Alex posted an epic list of one-liners.

Then he expanded on the ideas in a video.

Here’s all 28 with my added commentary (so you don’t stay poor).

Plus, a bonus reminder in tweet 2 below: @AlexHormozi 1. Start tomorrow

• We like to put off the important for the urgent.
• We choose comfort over discomfort.

Alt: Build the habit of doing things now.

His new book $100M Leads comes out next month.

Register for the FREE webinar on Aug 19th:

acquisition.com/leads?url=100m…

Tony Robbins’ mentor was Jim Rohn.

Jim’s mentor was Earl Shoaff.

He's the guru behind the guru's guru.

These 17 quotes are the real deal.

Read them.

Live them.

Watch as they transform your life:

1. “Don’t wish it was easier, wish you were BETTER.” 2. “To have more, you’ve got to BECOME MORE.”

3. “DISCIPLINE is the bridge between goals and accomplishment.”

4. “Work harder on YOURSELF than you do on your job.”

5. “Don’t wish for less problems, wish for MORE SKILLS.”

Someone asked me for top tips on building wealth.

Thought I'd share with you.

39 short wealth hacks with a massive return.

How many do you do?

0. Live below your means - at every income level. The ultimate wealth hack.

1. Marry the right partner - they can build or bust you! 2. Save at least 20% of your income monthly - start with whatever you can.

3. Track your expenses meticulously - know where your money goes.

4. Diversify your investments - don't put all your eggs in one basket. Not every stock is $APPL.

Why do some people get paid more and promoted faster?

Lessons from 30 years in the corporate world:

1. Don't micromanage - Any asshole can do this and is replaceable.

2. Don’t gossip - It will bite you in the ass & drag you down to the underperformers level.

Sorry about #3🧵 3. Make your boss’s life easier - You'll get the biggest raises and praise come review time.

4. Deliver impactful results - Talk is cheap. Bring value, always.

5. Prioritize the important tasks - Focus on the 20% that generates 80% of the results. Avoid busywork.

Awake for hours.

My family, sound asleep.

The ocean waves are crashing.

I am so blessed & grateful for my life.

Here are some lessons that might help you live your best life.

1. When someone says "just kidding" they're not.

2. A divorced, overweight billionaire is broke.🧵 3. Your mother loves you more than anyone in the world.

4. "Retirement is when you stop sacrificing today for an imaginary tomorrow. When today is complete, in and of itself, you're retired." - Naval

5. Travel while you're young. You're young right now.

I started investing when I was 19.

I’m 49.

Here’s every major lesson I learned, latest to the first in my 30-year career:

1. If you’re standing at a urinal, don’t look over at another man’s: Portfolio.

Background: In January 2021, my portfolio was soaring.

I thought I was hot shit.

Then some big account posted about his 140% gains for the month.

You read that right.

TL;DR - He was into options and leverage.

And so I made a mistake….

Amy Cuddy’s TED Talk has 15.3MM Views.

It’s the second most popular….ever!

She just SOLVED Imposter Syndrome with a 6-word phrase.

It’s ridiculously easy to use... Imposter Syndrome sucks.

What is it?

Ever felt like you don't belong or that your achievements are just luck?

Until you break free from self-doubt and embrace your abilities, you’ll never be successful.

Unfortunately, the most common “solution” for it doesn’t work…

Why are some people Rich, but most are Poor?

I’m rereading a book that gave me the Millionaire’s Mindset when I was at my lowest point.

I just had to share the 17 ways Rich people Think & Act differently from Poor and Middle-Class people.

The Rich have better wealth files… What are wealth files?

The author says your mind is a big file cabinet.

You store information in files.

If a question comes up, you go to a file & decide what to do.

Your “money” file controls all your financial decisions.

The Rich have better files.

Now you can too…

I became a millionaire at 36.

When I started I was worth a negative ($4,238.34).

I had less than $500 in my bank account.

I never received an inheritance.

I live in a high-cost-of-living area in the Northeast of the US.

If I had to do it all over, here's what I would do: 1) Make more money.

This is the sexy part I ignored.

I got my MBA and a huge boost in salary.

Then got comfortable.

I should have left my company years earlier.

I would have:
• Got a new title
• A 20%+ bump in salary
• Started fresh where no one knew me

I would also...

Felix Dennis is a polarizing legend.

He built a $500M+ publishing empire.

But…

Admits to spending $100M+ on drugs, alcohol, & “mistresses”

He wrote a book so good, the guys on the My First Million podcast reference it often.

Here are 16 lessons to get FILTHY rich: First let's cover what RICH is according to Dennis.

Just look at this chart.

This guy thought big!

He does say that measurements are arbitrary.

Implication: Define rich and wealthy however you want.

Just go after it, hard.

I thought it was going to be a great day, but...

My company fired me.

On 4/20/20 at 10:17 in the morning.

During the pandemic.

With little job prospects on the horizon.

And yet, it was the best thing that happened to me.

Here’s how I made myself financially indestructible: I was 46.

Cut from a company I loved.

No longer leading the team I built and loved.

No one was hiring.

I had 3 mouths to feed.

My emergency fund would cover us, but only for a few months.

I might have to tap my retirement accounts.

I did something crazy instead…

I was 25.

I was broke.

I became a millionaire at 36.

Here are the 10 books that changed my life, (and will change yours too): 1. The Millionaire Next Door

7 common traits among real millionaires, not the fake rich.

Lessons:
• Anyone can do this, even me
• Investing > lavish spending
• Disciplined habits are key
• Live below your means
• They're entrepreneurs

amzn.to/3p0SrhZ

Why do some people get paid more and promoted faster?

Lessons from 30 years in the corporate world:

1. Don't micromanage - Any asshole can do this and is replaceable.

2. Don’t gossip - It will eventually bite you in the ass and drag you down to the level of underperformers.
🧵 3. Make your boss’s life easier - You'll get the biggest raises and praise come review time.

4. Deliver impactful results - Talk is cheap. Bring value, always.

5. Prioritize the important tasks - Focus on the 20% that generates 80% of the results. Avoid busywork.

When people panic, fortunes are made.

The stock market has proven resilient through wars and panics.

The market can make you a millionaire, many times over.

You just have to start and stick with it...

Black Monday - October 19, 1987
Dot-com Crash - March 10, 2000
👇 📈💰 September 11 Attacks - September 17, 2001
Global Financial Crisis - September 29, 2008
Flash Crash - May 6, 2010
European Debt Crisis - August 8, 2011
Brexit Referendum - June 24, 2016
China Stock Market Crash - August 24, 2015

Someone asked me for quick advice on building wealth.

Thought I should share.

39 short wealth hacks with a massive return.

How many do you do?

1. Save at least 20% of your income monthly - start with whatever you can.

2. Marry the right partner - they can build or bust you! 3. Track your expenses meticulously - know where your money goes.

4. Diversify your investments - don't put all your eggs in one basket. Not every stock is $APPL.

5. Avoid impulsive purchases - pause before you buy.

I became a multi-millionaire at age 41.

I could have done it faster if I had learned these 7 lessons faster:

// thread // 1. Double down on what’s working

I was good at picking growth stocks.

But I wanted to try real estate.

I wanted to build a solopreneur business.

I wanted to write novels.

I got distracted.

I invested (um, spent) a lot of money on courses, coaches, and business tools.

I love this quote & thought:

"I know that God is working for me, I surrender the idea that I know what the path will look like." - Garrain Jones

I bought into this idea of "surrendering" a few years ago.

It's made all the difference in my peace of mind.

Here's how: I don't let failures get to me.

I know success is coming.

I don't let missed opportunities weigh me down.

Another opportunity is coming.

My lack of progress on my expectations.

I know I'm stacking my small wins.

My wife is away on a girl's weekend trip.

I had some time to reflect on life.

Here are some lessons that might help you.

1. When someone says "just kidding" they're not.

2. A divorced, overweight billionaire is broke.
🧵 3. Your mother loves you more than anyone in the world.

4. "Retirement is when you stop sacrificing today for an imaginary tomorrow. When today is complete, in and of itself, you're retired." - Naval

5. Travel while you're young. You're young right now.

How to build a profitable side hustle

Why?: Diversify your income streams and pursue your passions

The simple steps:
• Identify your skills & interests.
• Research market demand and competition.
• Brainstorm potential ideas.
• Evaluate profitability and ability to execute. Create a compelling brand.

Build trust and attract loyal customers.

How:
• Define your target audience & niche.
• Develop a unique value proposition.
• Design a memorable bio & visuals.
• Use a consistent brand voice.

Stand out to win customers with your brand

Building wealth is a journey.

You have to enjoy every step of the way.

Why?

Life's too short and you never know what happens.

No matter how rich you are, you don't get back lost time in life.

Here are a few ways to make the most of every second you have: There are 5 Pillars of Wealth:

You must invest in all of them!

Let's go through how in this thread: