Thursday, July 27, 2017
Small Town Riches




Spotlight

Must Read Books

win friends and influence peopleIt’s not often that you find a book written more than 70 years ago that is still relevant today. The fact that Dale Carnegie’s “How To Win Friends & Influence People” still resonates with the modern reader is testament to the advice given by the author. What it all boils down to is that while technology and the way we live is in a constant state of change, human nature pretty much remains the same through it all. Mr. Carnegie believed that about 85% of a person’s financial success could be attributed to leading and influencing the people around you.

The book, which comes in at a touch over 300 pages, is basically broken down into 4 main chapters that are geared towards bringing you success in your business dealings. While some of the techniques employed can certainly be rolled over into personal relationships, this is a book that is best suited to those looking to attain a leadership role in your line of work. That begins with a section on “Fundamental Techniques For Handling People.” It is here that the author outlines how you should take an interest in what others have to say, whilst still getting your point across. The keys of this section are about showing appreciation and steering clear of criticism of others.

 

 

no bs marketing to the affluentThere is a terrible truth anyone hoping to build a successful business must face – how products and services  are priced says more about the quality of the products and services than you may think.

Nowhere is this truth been represented so well than in author Dan S. Kennedy’s latest book titled No B.S. Marketing to the Affluent: The No Holds Barred, Kick Butt, Take No Prisoners Guide to Getting Really Rich. There are those who will teach you to price your expertise according to what the market currently will bear or worse yet, undercutting competitor to capture sales.

Dan Kennedy explains that this is the hugest mistake entrepreneurs and small businesses routinely make. This book will teach you how to property price and market your products and services to those that are ready to buy and that are looking for quality over quantity. Think of it as a Dodge Neon vs. a Ferrari Enzo!

 

 

 

4 hour work weekIf you’re one of the 90% of people that work way too hard for their money, then The 4-Hour Workweek by Timothy Ferriss is for you! Tim will show you how he went from working 80 hours a week making $40,000 per year to working 4 hours per week making $40,000 per month! Obviously those results won’t be for everyone, but he explains simple things you can do to make the most of your precious time.

If you’re a small business owner or are diving into the making money online world, you will find this book extremely useful. Tim will show you how to lay the groundwork to allow virtual assistants to take care of your day to day requirements for $5 per hour. Once the groundwork is laid, he then shows you how it’s possible to automate your entire business while you’re sitting on a beach getting a tan!

The last part of his technique is Scaling Up! Once you’ve perfected the approach with one business it’s time to start the process over again with another to increase your profits.

 

 

real estate investing canadaThis month (Oct. 2016), it was announced that the average price for a house in Canada was almost $500,000! That was nearly a 10% increase from the previous year. Those of us that know it’s not good to put all your eggs in one basket when it comes to investing, have no doubt considered real estate as an option. However, most end up shying away seeing it as too risky considering the money required.

Real Estate Investing in Canada by Don R. Campbell helps to alleviate those fears by instructing potential investors to follow an intricate system called the ACRE System (Authentic Canadian Real Estate). By following the due diligence of this system, investors are able to put hype and emotion aside and only consider a set of per-determined factors to help find the right property.

I already had two rentals before I read this book. Of those two properties, one would have not passed through the ACRE system. I sold that property in Oct. 2016 for roughly a $10,000 loss. With the knowledge I have today, in part due to this book, I would have never purchased that property in the first place!