Influential Books

Rich Dad, Poor Dad
What The Rich Teach Their Kids About Money That The Poor And Middle Class Do Not!
by Robert T. Kiyosaki with Sharon L. Lechter C.P.A.

BOOK REVIEW
by Christine Greene

Rich Dad, Poor Dad dispels the idea that you have to make a lot of money to become rich, explains the difference between an asset and a liability, and why your house is not an asset, and points out the fact that schools don’t teach kids about money so it’s up to parents to educate their kids.  Kiyosaki recounts growing up with two dads, a Rich Dad and a Poor Dad.  His Poor Dad was highly educated and his Rich Dad never finished the eighth grade.  Poor Dad struggled financially his entire life while Rich Dad amassed tens of millions of dollars.  Kiyosaki and Lechter explain how this happened and demonstrate how you can make money work for you, instead of working for it, and how you can be like Rich Dad.  Kiyosaki was born and raised in Hawaii.  He is the author of numerous books including Rich Dad’s CASHFLOW Quadrant; Rich Dad’s Guide to Investing, What the Rich Invest in, That the Poor and the Middle Class Do Not!; and Rich Kid Smart Kid: Giving Your Child a Financial Head Start; Second Chance: for Your Money, Your Life and Our World; 8 Lessons in Military Leadership for Entrepreneurs; The Business of the 21st Century; Why “A” Students Work for “C” Students and Why “B” Students Work for the Government: Rich Dad’s Guide to Financial Education for Parents; Retire Young Retire Rich: How to Get Rich Quickly and Stay Rich Forever! (Rich Dad’s); and Rich Dad’s Before You Quit Your Job: 10 Real-Life Lessons Every Entrepreneur Should Know About Building a Million-Dollar Business.  He is an investor, entrepreneur, financial literacy activist, motivational speaker and radio personality.  He established and sold an International education company, and has business ventures in the information technology, retail, financial, publishing, education, mining and energy industries.  A large portion of his wealth has come from real estate investing including residential and commercial investments, property management and real estate development.  Sharon L. Lechter is a CPA, author and business woman who founded Pay Your Family First, an organization that teaches families fiscal responsibility.  She is also an investor, speaker and philanthropist who serves on distinguished boards and is the recipient of many accolades.  She was CEO of the Rich Dad company for 10 years and co-authored Rich Dad’s CASHFLOW Quadrant and many other books.  She also has book projects with Napoleon Hill Foundation such as Think and Grow Rich for Women: Using Your Power to Create Success and Significance; Outwitting the Devil: The Secret to Freedom and Success; and Three Feet from Gold: Turn Your Obstacles into Opportunities (Think and Grow Rich).  In 1989, she teamed up with the inventor of the first electronic ‘talking book’ and was partly responsible for expanding the electronic book industry into a multi-million dollar
market.

The 9 Steps to Financial Freedom
Practical & Spiritual Steps So You Can Stop Worrying
by Suze Orman

BOOK REVIEW
by Christine Greene

The 9 Steps To Financial Freedom will give you tools to handle money and help you knock down barriers to financial success.  Suze Orman explores the psychological and spiritual effect money has on us and shows us how to create a new view of money.  She discusses investments, credit, insurance, estate planning and retirement planning, and provides practical steps for us to plan for ourselves and our families.  She shows us how we can overcome financial anxieties and open up to true wealth.  She encourages us to go back into our past so that we can figure out what is holding us back and determine how we can break free of mental chains in order to elevate our financial status.  Orman recounts how she was a stockbroker in the 1980s and how it was scary telling people what to do with their money while trying to make money for herself to keep her position.  She let her fears overwhelm her until she decided to get a new perspective and create a new reality for herself.  She talks about the power of positive thinking and how mantras you speak, write and believe can help you achieve financial success.  Orman is a well known financial advisor, motivational speaker and television host who has written many personal finance books including The 9 Steps To Financial Freedom, Suze Orman’s Financial Guidebook: Put the 9 Steps to Work; The Money Book for the Young, Fabulous & Broke; Women & Money: Owning the Power to Control Your Destiny; The Money Class: How to Stand in Your Truth and Create the Future You Deserve; The Road to Wealth, You’ve Earned It, Don’t Lose It: Mistakes You Can’t Afford to Make When You Retire; Suze Orman’s Action Plan: New Rules for New Times; The Laws of Money: 5 Timeless Secrets to Get Out and Stay Out of Financial Trouble; The Courage to be Rich: Creating a Life of Material and Spiritual Abundance, Revised Edition; Suze Orman Protection Portfolio; Suze Orman The Money Tools; and Ask Suze: About Wills and Trusts and more.

Think and Grow Rich
by Napoleon Hill

BOOK REVIEW
by Christine Greene

Napoleon Hill was born into poverty and became the author of Think and Grow Rich, one of the most famous personal-success books in history, selling over 70 million copies worldwide.  Hill spent his early working years in several fields including publishing, coal mining, law, the lumber business and the automobile industry.  The premise for Think and Grow Rich was born when Hill was assigned to write a profile on the steel industry tycoon Andrew Carnegie.  Carnegie proposed that he connect Hill to the most powerful people in the U.S. so that he could learn their secrets of success, and in return, Carnegie asked Hill to develop a success philosophy that could be available to and understood by average people.  Carnegie, who was a billionaire in today’s dollars, was a philanthropist and believed that the wealthy should use their wealth to help society.  Hill jumped at the opportunity and met some of the most successful people to ever live including Henry Ford, John D. Rockefeller Jr., Theodore Roosevelt, Alexander Graham Bell, Thomas Edison, Wilbur Wright and F.W. Woolworth.  Think & Grow Rich reveals the secrets of success which are tested and demonstrated by Hill’s interviews of over 500 multimillionaire men and women from every calling.  Other notable books include Outwitting the Devil: The Secret to Freedom and Success by Napoleon Hill and Sharon L. Lechter CPA; The Law of Success In Sixteen Lessons by Napoleon Hill; Napoleon Hill’s Keys to Success: The 17 Principles of Personal Achievement by Napoleon Hill; and Success Through A Positive Mental Attitude by Napoleon Hill and and W. Stone.  Sharon L. Lechter is a CPA, author and business woman who founded Pay Your Family First, an organization that teaches families fiscal responsibility.  She is also an investor, speaker and philanthropist who serves on distinguished boards and is the recipient of many accolades.  She was CEO of the Rich Dad company for 10 years and co-authored Rich Dad’s CASHFLOW Quadrant and many other books.  In addition to Outwitting the Devil: The Secret to Freedom and Success, she has other book projects with Napoleon Hill Foundation such as Think and Grow Rich for Women: Using Your Power to Create Success and Significance; and Three Feet from Gold: Turn Your Obstacles into Opportunities (Think and Grow Rich).  In 1989, she teamed up with the inventor of the first electronic ‘talking book’ and was partly responsible for expanding the electronic book industry into a multimillion dollar market.

The Millionaire Next Door
by Thomas J. Stanley, Ph.D. & William D. Danko

BOOK REVIEW
By Christine Greene

The Millionaire Next Door starts out by turning the idea of wealth on its head and pointing out that a high income doesn’t necessarily translate into wealth if all of that income is spent.  When someone spends all of their high income, they are living high but not building wealth.  Therefore, not everyone living in expensive houses and driving fancy cars is wealthy.  Wealth is less likely a result of advanced degrees, inheritance or intelligence and more likely a result of hard work, self discipline, planning and dedication.  Most millionaires are not the descendants of rich and powerful families, and 80% of U.S. millionaires are first-generation rich.  Most millionaires live below their financial means, and they are motivated by financial independence rather than social status.  The Millionaire Next Door is someone who doesn’t look like, dress like and act like a millionaire.  This book will take you on a journey that reveals who the real millionaires are and how you can become one of them.  Thomas J. Stanley, Ph.D. (1943/1944 – February 28, 2015) was an author, researcher, business theorist and professor with expertise in marketing and the subject of the affluent.  He earned his doctorate in business administration at the University of Georgia and was a faculty member at the University of Albany, State University of New York.  William D. Danko, Ph.D. is an author and professor with emeritus status at the school of Business, University of Albany, State University of New York.  Danko received his Ph.D. from Rensselaer Polytechnic Institute’s Lally School of Management and Technology.  With expertise in marketing, management and the subject of the wealthy, he is a sought-after keynote speaker.  Stanley and Danko have collaborated on many academic and consulting assignments.Other notable books include Marketing to the Affluent by Thomas J. Stanley Ph.D.; Millionaire Women Next Door by Thomas J. Stanley Ph.D.; Selling to the Affluent by Dr. Thomas J. Stanley; Networking with the Affluent by Thomas Stanley; The Millionaire Mind by Thomas J. Stanley; Stop Acting Rich: …And Start Living Like A Real Millionaire by Thomas J. Stanley.

Courtney Price Answers The Most Asked Questions From Entrepreneurs
by Courtney Price

BOOK REVIEW
by Christine Greene

Courtney Price Answers The Most Asked Questions From Entrepreneurs provides much needed guidance for anyone looking to start or grow a successful business.  Courtney Price answers important questions about entrepreneurship in the areas of starting a business with no idea, home-based businesses, purchasing an existing business, franchise opportunities, financing businesses, venture capitalism, patents and intellectual property, marketing and advertising, increasing sales and getting more customers, growth strategies, the legal structuring of businesses, business advisors, feasibility plans, business management, business insurance, management and hiring, business resources, the development/sharpening of skills and more.  Price points out that one of the biggest mistakes entrepreneurs make is getting wrapped up and emotional about their ideas without doing the practical work to determine if their ideas are feasible or not.  A feasibility study should be done before an entrepreneur invests any money in a venture.  A feasibility study will likely include an analysis of an idea’s potential and pitfalls, the market for the product or service, price and profitability, proper management, capital needed and more.  She explains that 40% of new start-ups fail in the first year of business and 80% in the fifth year.  If feasibility studies were done for all business ideas, most businesses would never have been started.  She provides many tools for entrepreneurs to use including check lists for a financial plan and marketing.  Courtney Price is an entrepreneurial consultant who is recognized internationally and has a syndicated column called “Entrepreneurs Ask” that appears in about 400 newspapers.

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