Skip to main content

I'm 25 years old and I want to become a millionaire by 35. How do I do this?

A bit of simple advice that works for any age.

Copy what millionaires do.
I’ve studied over 40 millionaires and finally found out their secret to wealth.
It took me a long time to piece together the puzzle, but I’ve finally figured it out. Here’s the golden question:
What do Elon Musk, Warren Buffet, Bill Gates, Mark Zuckerberg, Mark Cuban, and Tonny Robbins have in common?
Besides the mulah...they all read.
Yep - reading.
Don’t believe me? Let one of the most successful and admired entrepreneurs tell you...

Musk built four multibillion-dollar companies by his mid-40s -- in four separate fields (energy, software, transportation and aerospace).
How is that possible? Because he reads.
SpaceX co-founder, Jim Cantrell, mentions Elon Musk’s passion for reading,
He'd been borrowing all my college textbooks on rocketry and propulsion. You know, whenever anybody asks Elon how he learned to build rockets, he says, 'I read books.' Well, it's true.[1]
That’s how Musk was able to go up against the entire aerospace industry and successfully launch SpaceX. Because he’s an avid reader.
And all the millionaires like Warren Buffet, Bill Gates and Mark Zuckerberg have an eye for reading.
The information you provide yourself -- the books and articles you read -- are the nutrients you feed your brain.
If you only read about how Trump is whining about building a wall, then you’re not feeding your brain the proper nutrients to nourish.
However, if you read about economics, psychology or even how Hitler rose to power, then you are one step closer to success.
Reading daily works for Musk, Buffett, Gates and all the millionaires alike.
Chances are, it will work for you too.
The Takeaway? Read non-fiction books and apply. You’ll be one step closer to becoming a millionaire.

Comments

Popular posts from this blog

The Feynman Technique Model to learn better

The Feynman Technique is a  Mental Model  named after  Richard Feynman , a Nobel Prize Winning Physicist. It is designed as a technique to help you learn pretty much learn anything - so understand concepts you don't really get, remember stuff you have already learnt, or study more efficiently. The Feynman Technique was actually a big inspiration for this blog - I try and apply this to a lot of the concepts and Mental Models that I write about. The technique can be broken down into four easy steps, but first a quick video from  Scott Young  that sums it up very simply. Learn Faster with the Feynman Technique  So now for a recap of the steps: Step 1 Write the name of the concept at the top of a blank piece of paper. Step 2 Write down an explanation of the concept on the page. Use plain English. Pretend you are teaching it to someone else (e.g a new student). This should highlight what you understand, but more importantly ...

What is procrastination and get rid if that?

I will become an IAS officer. For that, I need the best books available in the market. I need to be enrolled in the best training institute. I need the advice of a few successful candidates. I need a separate room in my house. It must have a comfortable study table and an Airconditioner. I must have the fastest wi-fi and the best laptop to study. I must take a week's break and enjoy the fullest before I start my preparations. It's too late now I will plan for the “holiday” tomorrow. In the meanwhile, a poor auto driver's daughter was studying under street lamp from torn second-hand books at 3 am in the morning. Procrastination starts from- Putting conditions on a particular task. From the lack of urgency and non-compulsive nature of an activity. From the thought of having a perfect environment to do something. The wait for the perfect moment (which never comes) The thought of undervaluing the present moment. Fear of failures or facing complexit...

There Are Two Ways to Read — One Is Useless

Reading is telepathy, and a book is the most powerful technology invented. Homer, Shakespeare, Voltaire, Flaubert, Tolstoy, Woolf, Hemingway — these are names without a living body. We can’t talk to them, nor touch them, but their thoughts are immortalized through the written word. Aristotle’s logic, Kepler’s astronomy, Newton’s physics, Darwin’s biology, Wittgenstein's philosophy — these are memes without living originators. They no longer champion their ideas, and yet, we still talk about them. Without books, humans would never have escaped the boundaries of space and time. Each new generation would have had to learn the realities of life for themselves rather having the luxury to build on the past; knowledge accumulation would have quickly dimmed towards an asymptote. Everything that we value in the modern world has its root in invention of writing. Everything that we have accomplished has come from reading. Even on an individual level, one of the most effective way...