In 'Think Again', Adam Grant argues that the ability to rethink at personal, interpersonal, and collective levels is crucial in today's polarized world. He uses scientific research, personal anecdotes, and engaging stories to illustrate how people can find joy in being wrong, leverage the benefits of impostor syndrome, and cultivate environments of lifelong learning. Grant emphasizes the need to challenge our convictions, adopt a scientific mindset, and foster curiosity and humility. He provides examples of individuals who have successfully rethought their approaches, from firefighters to business leaders, and offers practical exercises for improving rethinking skills[2][4][5].
The book tells the story of Robert Kiyosaki's two fathers: his 'poor dad,' a highly educated but fiscally poor man, and his 'rich dad,' the father of his best friend who was a successful entrepreneur. It emphasizes the importance of financial education, distinguishing between assets and liabilities, and building wealth through investing in assets such as real estate and businesses. Kiyosaki argues that a good education and a secure job are not guarantees for financial success and provides practical lessons on how to make money work for you rather than working for money[1][3][5].
Paulo Coelho's "The Alchemist" is an allegorical novel that follows Santiago, a shepherd boy, on a journey to fulfill his Personal Legend. The story blends elements of fantasy and realism, exploring themes of self-discovery, following one's dreams, and listening to one's intuition. Along his journey, Santiago encounters various characters and challenges that teach him valuable lessons about life and the importance of perseverance. The book's simple yet profound message has resonated with readers worldwide, inspiring them to pursue their passions and embrace the journey. The Alchemist is a timeless tale of self-discovery and the pursuit of one's dreams.
Beyond Entrepreneurship 2.0 is an updated version of the classic book by Jim Collins and Bill Lazier. It includes the original text of 'Beyond Entrepreneurship' along with four new chapters and fifteen new essays. The book provides a roadmap for turning a company into a thriving, enduring entity, emphasizing leadership growth, people decisions, the importance of 'BHAG' (Big Hairy Audacious Goals), and the concept of 'The Map'—an integrated framework for building superior companies. Collins honors his mentor, Bill Lazier, and reexamines the original text with his 2020 perspective, making it a valuable resource for both new and experienced entrepreneurs.
This book, written by George S. Clason, uses a series of parables to convey fundamental principles of personal finance and wealth accumulation. Published in 1926, it remains highly relevant today, offering practical advice on saving, investing, budgeting, and financial discipline. The parables are engaging and easy to understand, making complex financial concepts accessible to readers of all backgrounds. Key principles include paying yourself first, living within your means, and making money work for you through wise investments. Despite its historical setting, the book's core lessons are adaptable to modern financial practices and have had a profound impact on countless readers worldwide.
The Book on Rental Property Investing by Brandon Turner provides practical advice on creating wealth and passive income through smart real estate investing. It covers topics such as finding deals, managing properties, and maximizing cash flow. The book is designed for both beginners and experienced investors looking to build a profitable real estate portfolio.
Single-family rentals are where most real estate investors start. In one way or another, a new investor realizes that there is more to life than just their job. They save up, get educated, and buy their first rental property. Those who do well repeat the process, slowly growing their portfolio to double-digit numbers. But, at a certain point, they realize they can’t go any further with the system they’ve set up for themselves. What should they do?
Rich Fettke, co-founder of Real Wealth, and author of The Wise Investor, fell into real estate accidentally. Over the years he’s had to fine-tune his system, scale his team, and learn how to become not only a successful investor but a successful leader. Now, he runs one of the premier real estate investing websites on the internet, manages three syndications per year, and still individually invests in rental properties.
Thanks to his track record of more than two decades, he knows what does and doesn’t work when trying to scale your real estate portfolio. Most importantly, Rich knows who to hire onto your team so you can continue to build wealth, without having to do all the work yourself.
In This Episode We Cover:
Where new investors should look to purchase their first investment property
How to scale from single-family rental properties to syndication deals
Why most investors “trap” themselves without a scalable team
Turning challenges into adventure and shutting down the “inner gremlin”
Asking yourself, “what pisses me off?” when defining your company’s core values
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
David’s YouTube Channel
Ask David Your Real Estate Investing Question
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Real Wealth Network
The Simplest Way to Successfully Scale Your Business
Syndications—Everything You Need to Know BEFORE You Invest
David’s Instagram
David’s BiggerPockets Profile
Rob's Youtube
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's BiggerPockets Profile
Books Mentioned in the Show
Think Again by Adam Grant
The Book on Rental Property Investing by Brandon Turner
The Wise Investor by Rich Fettke
BE 2.0 (Beyond Entrepreneurship 2.0) by Jim Collins
Connect with Rich:
Follow Rich on Instagram
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-617
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