The $250,000 Book and Why You Should Read It

Jim Rohn has a famous quote:

“The difference between where you are today and where you’ll be five years from now will be found in the quality of books you’ve read.”

I’ve gone through waves in the past where I was very big on reading. I’ve also gone through waves where I was not. (Besides the Bible of course)

But something hit me extremely hard the other day:

I owe EVERYTHING to the books I’ve read!

Everything? Really?

Think about it. 

The BIGGEST and most important decision I’ve ever made; to give my life to Jesus and secure a place in Heaven, was based on the information in a book.

In truth, that same book governs my entire life. I base my decisions, thoughts and actions from the knowledge and wisdom that book has given me.

By applying the instructions found in that book, I live a life of supernatural peace, joy, health, provision, purpose and just plain fun! Man I’m glad I read that book!

There’s a famous entrepreneur that likes to pose this question to his students:

Would you rather I buy you a $400,000 Lamborghini or a book?

Of course, most people pick the Lamborghini. Sure, it would be fun for a bit, you’d look great, feel great, have instant gratification, and I suppose you could sell it and get a chunk of that money.

But really, that’s all that Lamborghini could ever do for you. It’s done it’s job.

This struck me hard because as I began to think about it, I realized that I wouldn’t have my businesses, I wouldn’t have the financial freedom, the time freedom, my amazing marriage, and the exciting life of an entrepreneur if it weren’t for the books I’ve read!

A Lamborghini is fun for a little while, but the knowledge I gain from a book can help me for a lifetime. It can bring me a Lamborghini, and anything else I want in life.

I am where I am today because of the books I’ve read.

And you are where you are today because of the books you’ve read.

You need to let that sink in. 

You need to read the books that will get you to where you want to be in life.

Why? Because getting knowledge, wisdom, and understanding is the key to unlocking next level living.

In Proverbs 18:17-19 tells us, I (Wisdom) love all who love me. Those who search will surely find me. I have riches and honor, as well as enduring wealth and justice. My gifts are better than gold, even the purest gold, my wages better than sterling silver!”

Proverbs 3:13-17 Joyful is the person who finds wisdom,the one who gains understanding. For wisdom is more profitable than silver,and her wages are better than gold. Wisdom is more precious than rubies;nothing you desire can compare with her. She offers you long life in her right hand and riches and honor in her left. She will guide you down delightful paths; all her ways are satisfying.”

Wisdom brings you:

  • Riches
  • Honor
  • Enduring wealth
  • Justice
  • Joy
  • Long life
  • Guidance down delightful paths

And remember, those Proverbs were written by King Solomon. The richest man that has ever lived and that will ever live. He knows a thing or two about wisdom.

Look at these books below: 

my book pics 2

 

  1. The Bible
  2. “Rich Dad, Poor Dad” by Robert Kiyosaki
  3. “The 4-Hour Workweek” by Timothy Ferris
  4. “Money, Master the Game” by Tony Robbins

I can say with all truth that these four books have literally changed my life.

They gave me information and instruction that I did not have. Taking action on that information and instruction has provided me with the life I wanted.

I invested money into these books. I invested time reading and studying them. Then invested my life by taking action based on the information I learned.

The results:

The Bible: It got my spiritual life straight. The foundation of everything. The most important piece of the puzzle.

Rich Dad, Poor Dad: Taught me to think like a true business owner. It gave me the new mindset towards building wealth and that you’ll never truly get wealthy just working a job alone. (Job stands for Just Over Broke.)

The 4-Hour Workweek: Took my entrepreneurial spirit to the internet. Showed me how to get over my fear of starting and pursuing business ideas.  Most importantly I learned how to create streams of passive income by creating online businesses with little to no risk, and it helped me discover a new passion.

Money, Master the Game: (Currently reading) I want to learn to build long term wealth and create investments that fund long term goals. I want my wealth and income to increase each year, so I am currently learning how to do that. This book has been a huge eye-opener.

Here’s how I want you to look at books from now on

A book is the bridge that will take you from where you are, to where you want to be.

Is your financial life in a mess? Read a Dave Ramsey book.

Tired of living paycheck to paycheck? Read a book about starting a business.

Marriage in a rut? Go get a book.

Passionate about real estate? Get a book on flipping homes.

Want to learn to build websites? Take an online course.

Need to lose weight? Get more energy? Need to get healthy?  Overcome a fear?

Examine your life, where are you lacking? Where areas do you want to get better in?

Now go and get the knowledge you need! At whatever the cost! It’s worth it.

Are you just gonna sit back and hope something magical happens to your situation? Or are you going to go and get the knowledge you need to bridge the gap?

Most people don’t do anything about their situation.

They just sit back and dream that one day they’ll have a business. One day their finances will be in order. One day they’ll get in shape. One day they’ll have a great marriage…And guess what?

You’ll see them at your high school reunion. They’re easy to recognize. They’re the ones that still look, act, and talk exactly how they did in high school. They’ve still got the exact same friends and they still have the same type of low-income, “just take what you can get” kind of job. No passion, no heart, no excitement behind what they do.

They haven’t been advancing.

They’ve just been existing.

Final thoughts

I’ll leave you with this:

I want you to start considering the Return on Investment (ROI) of your future purchases.

I talk to people all the time who are struggling financially and I’ll suggest a book or two to them.

I follow up with them a few weeks later.

Me: “Have you bought the book?”

Them: “No, not yet.”

Me: “Well, why not?”

Them: “I just don’t have the money right now.”

Me: “On Instagram I saw you went to shopping bought all those new clothes.”

Them: “Well, ya but I NEEDED those clothes. They were investment pieces!”

I’ve heard this too many times, in fact, I’VE done this too many times.

Let’s look at our ROI on books and knowledge:

The 4 Hour Workweek:

Cost: $13

Return on my investment: At least $250,000 and climbing each month.

Marie Forleo’s Online Business School:

Cost: $1,997

ROI: Just one little technique I learned from this class has brought in over $20,000 itself.

Online copywriting course:

Cost: $197

ROI: The knowledge I learned brought in $2,000 that same month I took the class.

Rick Mulready’s Facebook Ads for Newbies Online Course:

Cost: $97

ROI: $7,000 + Learning FB ads has increased my business, website traffic, sales and has allowed me to hire this skill out to help other businesses.

Every Man’s Marriage:

Cost: $15

ROI: A wife and marriage that surpasses my wildest dreams!

The Bible:

Cost: $25

ROI: Eternal life, Heaven on earth, living out the Purpose God has for me…(Priceless really!)

I could go on…

Before you make another purchase, just consider the ROI.

Yes, there will be times you need new clothes, that’s fine. But RIGHT NOW, what’s the best return on investment?

Why is it so easy to talk yourself out of a $13 book but then go and pay $75 on a new pair of shoes?

Because the shoes will reward you now. The book will reward you later.

But the rewards of the book are FAR greater than any shoe, dress or car could ever give you.

I’m currently reading “Money, Master the Game” by Tony Robbins. What if that book gives me the knowledge I need to build long term wealth and truly set me up for a strong financial future? Is that worth the $30 I spent on it?

I’d say so.