In this article titled “10 Books That Changed My Life (Out of 627!)”, the video by Real Estate B-School is discussed. The speaker shares their personal journey of growth and success, emphasizing the importance of mindset and personal development.
The article outlines the ten books that have had a profound impact on the speaker’s business and life, covering topics such as building habits, managing finances, personal development, and professional growth.
Some of the recommended books include “Atomic Habits” by James Clear, “Profit First” by Mike Michalowicz, “Unleash the Power Within” by Tony Robbins, and “E Myth Revisited” by Michael Gerber.
The speaker encourages readers to explore these books for transformative insights and to achieve significant success in their own industries.
1. Atomic Habits by James Clear
One of the most impactful books in the speaker’s business and life is “Atomic Habits” by James Clear. This book delves into the core principles of building effective habits that can transform your life. It emphasizes the importance of focusing on small, daily actions that can lead to significant results over time. By implementing atomic habits, you can create positive changes in your personal and professional life.
The key takeaway from this book is the concept of “systems over goals.” Clear argues that instead of solely focusing on achieving specific goals, it is more effective to develop systems or routines that support your desired outcomes. These systems consist of the small habits and actions that you consistently engage in every day.
For example, if your goal is to become a successful real estate agent, you can develop a system of daily prospecting, networking, and continuous learning. By making these actions a habit and consistently following through with them, you increase your chances of achieving your goals and attaining long-term success.
“Atomic Habits” provides practical strategies on how to build and sustain positive habits while breaking bad ones. The book offers actionable steps, real-life examples, and scientific insights to guide you on your journey towards personal and professional growth.
2. Profit First by Mike Michalowicz
Another transformational book recommended by the speaker is “Profit First” by Mike Michalowicz. This book challenges the traditional approach to managing finances in business and offers a unique perspective on achieving profitability.
“Profit First” introduces a cash management system that flips the formula for business success. Instead of the traditional “Sales – Expenses = Profit” equation, Michalowicz suggests “Sales – Profit = Expenses.” By prioritizing profit and allocating funds accordingly, you ensure that your business is consistently profitable.
The book provides practical steps on how to implement the profit-first system in your business. It guides you through setting up multiple bank accounts to allocate funds for profit, owner’s compensation, taxes, and operating expenses. By separating these accounts, you gain better control over your finances and make informed decisions about your business’s financial health.
“Profit First” is a game-changer for entrepreneurs and small business owners who want to increase profitability and build a financially stable enterprise. It emphasizes the importance of fiscal responsibility and offers valuable insights on managing cash flow effectively.
3. Unleash the Power Within by Tony Robbins
“Unleash the Power Within” by Tony Robbins is a book that delves into personal development and unleashing one’s full potential. This book was impactful for the speaker, especially the concepts covered in Robbins’ personal development events known as UPW (Unleash the Power Within).
The book explores the power of the human mind and its ability to overcome obstacles, break through limiting beliefs, and achieve greatness. Robbins emphasizes the importance of mindset in achieving success and provides practical strategies and techniques to transform your thinking patterns.
Through exercises, visualizations, and actionable steps, “Unleash the Power Within” empowers individuals to take control of their lives and create the future they desire. It offers tools for overcoming fear, building confidence, and developing a compelling vision for personal and professional growth.
The speaker highly recommends attending a UPW event or reading the book to experience the transformative power of Tony Robbins’ teachings. “Unleash the Power Within” provides the motivation and strategies needed to unlock your true potential and create lasting change.
4. E Myth Revisited by Michael Gerber
In “E Myth Revisited,” Michael Gerber explores the entrepreneurial mindset and provides insights on how to build a scalable business. The book highlights the importance of working on your business rather than just working in it.
Gerber introduces the concept of the technician, manager, and entrepreneur within each individual. Most entrepreneurs, including real estate agents, spend the majority of their time in the technician role, focusing on the day-to-day operations and transactions of their business. However, they neglect the manager and entrepreneur roles, which are vital for long-term success and growth.
The book guides readers on how to shift their mindset and develop a franchise prototype that can scale their business without being dependent on their personal involvement. It emphasizes the importance of creating systems and processes that can be replicated and implemented by others.
“E Myth Revisited” is a wake-up call for entrepreneurs who want to break free from the trap of working endlessly without achieving sustainable growth. It provides practical advice, case studies, and actionable insights on how to transform your business into a scalable enterprise.
5. First Things First by Stephen Covey
“First Things First” by Stephen Covey is a book that helps individuals prioritize their true priorities in life. Covey introduces the concept of the time management matrix, which categorizes activities into four quadrants: urgent and important, not urgent but important, urgent but not important, and not urgent or important.
The book emphasizes the need to focus on activities in the second quadrant, which includes important but not urgent tasks such as personal and professional development, relationship-building, and long-term planning. Covey argues that many individuals spend too much time in the urgent quadrants, responding to immediate demands and neglecting activities that contribute to their long-term success and fulfillment.
“First Things First” offers practical strategies for managing time effectively, setting meaningful goals, and aligning actions with your values and priorities. It guides readers on how to create a balance between work, personal life, and self-improvement.
By implementing the principles of “First Things First,” you can gain better control over your time, focus on what truly matters, and achieve a greater sense of purpose and fulfillment in your personal and professional life.
6. Rich Dad, Poor Dad by Robert Kiyosaki
“Rich Dad, Poor Dad” by Robert Kiyosaki is a legendary book that teaches about financial independence and investing. It challenges conventional beliefs about money and opens readers’ minds to the possibilities of building wealth through smart financial decisions.
The book contrasts the experiences and teachings of two fathers: the author’s own father (poor dad) and his best friend’s father (rich dad). Through these different perspectives, Kiyosaki introduces essential lessons about financial literacy, assets vs. liabilities, and the importance of financial education.
“Rich Dad, Poor Dad” encourages readers to shift their mindset from being employees who work for money to becoming investors who make money work for them. It emphasizes the value of acquiring assets that generate passive income and creating a strong financial foundation.
The book provides insights on various investment strategies, including real estate, stocks, and entrepreneurship. It also highlights the need to continually educate oneself about finance and make informed decisions to secure financial freedom.
“Rich Dad, Poor Dad” is a must-read for anyone looking to gain financial independence, develop a wealth mindset, and take control of their financial future.
7. Eat That Frog by Brian Tracy
“Eat That Frog” by Brian Tracy focuses on the importance of tackling difficult tasks early in the day. The book borrows its title from a quote by Mark Twain, who famously said, “Eat a live frog first thing in the morning, and nothing worse will happen to you the rest of the day.”
Tracy emphasizes the need to overcome procrastination and prioritize tasks based on their importance and impact. He suggests that by completing the most challenging or critical task first, you gain a sense of accomplishment and momentum that carries you through the rest of the day.
The book provides practical techniques and strategies for effective time management, goal setting, and task prioritization. It offers actionable steps for overcoming the habit of delaying tasks and breaking them down into manageable chunks.
“Eat That Frog” serves as a guide for individuals who want to increase their productivity, eliminate procrastination, and achieve their goals with greater efficiency. By following the principles outlined in this book, you can develop discipline, focus, and a proactive approach to your daily tasks.
8. The Ultimate Sales Machine by Chet Holmes
“The Ultimate Sales Machine” by Chet Holmes provides comprehensive insights on building a successful business. While primarily focused on sales and marketing, the book covers various aspects of business growth, including team building, time management, and customer relationship management.
Holmes emphasizes the importance of having a systematic approach to sales and marketing. He introduces the concept of the “Dream 100” – identifying and targeting the top 100 prospects who have the potential to bring significant business to your company.
The book offers strategies for effective lead generation, nurturing leads, and closing deals. It provides techniques for building rapport with customers, overcoming objections, and becoming a trusted advisor in your industry.
“The Ultimate Sales Machine” also emphasizes the crucial role of continual learning and self-improvement in achieving sales success. It encourages readers to invest in their personal and professional growth to stay ahead in the constantly evolving marketplace.
By implementing the strategies outlined in this book, you can transform your sales and marketing efforts, build a high-performing team, and position yourself as a leader in your industry.
These were just the first eight books that the speaker discussed. The remaining two books were not provided in the context, so they will not be covered in this article.
However, the first eight books alone offer a wide range of knowledge and insights in areas such as habit-building, financial management, personal development, entrepreneurship, time management, and sales and marketing.
Whether you are a real estate professional or an individual seeking personal growth and success, these books can serve as valuable resources on your journey to becoming the best version of yourself. Happy reading!
Embark on a thrilling journey of discovery as you explore the 10 books that have revolutionized your business and life. These books encompass success strategies and personal growth, serving as the catalyst for your future!
You can find Lars Hedenborg, the host of the Real Estate Business Builders podcast and Founder of Real Estate B-School, on his quest to assist agents and team leaders in building profitable and sustainable businesses.
With over 5,000 families served, Lars is committed to helping you achieve time and financial freedom through the eXp platform. He is also the author of the bestselling book “Scale or Die.”
After enduring his initial challenging year as a real estate agent, working exhausting 70+ hour weeks, Lars was driven to expand his real estate business to operate independently. Lars is a devoted follower of Jesus and is happily married to his better half, Julie. Their two children, Anders and Kendal, keep them on their toes.