Businessly

7 Lessons from Joseph Murphy's book

" How to Attract Money " 📚📚📚

The Original Classic of Abundance

The Magic Of Words
"Your subconscious mind is a magnet that attracts wealth, success, and happiness when you impress it with positive thoughts and feelings. You must learn to think and feel prosperously, and your subconscious will do the rest."

1. Belief in Prosperity is Your Birthright: The book challenges the idea of poverty as a virtue. Instead, it argues that financial abundance is your natural state, and believing in your right to prosperity is the first step towards attracting it.

2. Your Subconscious Mind is a Magnet: Murphy emphasizes the power of the subconscious mind in attracting wealth. By replacing limiting beliefs with thoughts of abundance and prosperity, you program your subconscious to work towards your financial goals.

3. Visualization is Key: The book promotes the power of visualization. By vividly imagining yourself achieving financial success, you create a blueprint for your subconscious mind to follow and attract opportunities.

4. Positive Affirmations Reprogram Your Thoughts: Murphy advocates for using positive affirmations to replace negative beliefs about money. Repeating affirmations like "I am a magnet for wealth" or "Prosperity flows to me effortlessly" can shift your mindset and attract abundance.

5. Gratitude Amplifies Abundance: Expressing gratitude for the money you already have opens you up to receiving more. The book encourages practicing gratitude for your current financial situation, no matter how big or small.

6. The Law of Attraction Applied to Money: Murphy connects the concept of the Law of Attraction to attracting money. By focusing on your desires for wealth with positive emotions, you put out an energetic vibration that attracts opportunities and abundance.

7. Action Aligns with Belief: Belief and action go hand in hand. "How to Attract Money" emphasizes the importance of taking inspired action towards your financial goals. While positive thinking is crucial, it must be coupled with effort to manifest abundance.

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Top 10 key lessons from Steve Siebold’s book,

"How Rich People Think" 📚📚📚

explores the mindset and thought patterns that contribute to financial success.

1. Wealth Begins in the Mind: The book emphasizes that building wealth starts with cultivating the right mindset. How you think about money and success greatly influences your financial outcomes.

2. Focus on Opportunities, Not Obstacles: Wealthy individuals tend to view challenges as opportunities rather than obstacles. They look for solutions and ways to capitalize on situations, fostering a proactive mindset.

3. Invest in Education and Self-Improvement: Continuous learning is a common trait among the wealthy. They invest in education, acquiring knowledge and skills that contribute to their success.

4. Take Calculated Risks: Successful people take calculated risks and understand that significant rewards often come with a level of risk. They assess opportunities carefully and make informed decisions.

5. Value Time: Time is considered a valuable resource. Wealthy individuals are often efficient with their time, focusing on high-impact activities and avoiding time-wasting behaviors.

6. Multiple Income Streams: Building wealth often involves creating multiple streams of income. Wealthy individuals diversify their sources of revenue to increase financial stability.

7. Focus on Long-Term Goals: The wealthy tend to have a long-term perspective. They set ambitious, measurable goals and work steadily toward them, understanding that success is a marathon, not a sprint.

8. Embrace Change: Successful people are adaptable and embrace change. They recognize that the business landscape is dynamic, and staying ahead often involves adapting to new technologies and trends.

9. Think Big: Wealthy individuals think big and set audacious goals. They aim for significant achievements and are not afraid to dream on a grand scale.

10. Take Responsibility for Financial Outcomes: The book stresses the importance of personal responsibility. Wealthy individuals understand that they are in control of their financial destiny and take ownership of their decisions.

Book Master Review

Here are 10 Lessons from

"7 Secrets to Investing Like Warren Buffett" 📚📚📚

by Mary Buffett:

1. Invest in what you understand: Warren Buffett's approach to investing emphasizes the importance of investing in businesses and industries that you have a deep understanding of. This helps mitigate risks and make informed investment decisions.

2. Focus on long-term value: Buffett is known for his long-term investment approach. The book teaches readers to focus on the long-term value of their investments rather than short-term market fluctuations.

3. Look for companies with strong competitive advantages: Buffett seeks out companies with durable competitive advantages, such as a strong brand, unique product, or high barriers to entry. These advantages contribute to long-term profitability.

4. Practice patience and discipline: Successful investing requires patience and discipline. The book emphasizes the importance of sticking to your investment strategy and resisting the urge to make impulsive decisions based on short-term market movements.

5. Value a company based on its intrinsic worth: Buffett believes in valuing a company based on its intrinsic worth rather than relying solely on market trends. The book teaches readers how to assess a company's value and make investment decisions accordingly.

6. Focus on cash flow and profitability: Buffett places great importance on a company's cash flow and profitability. The book explains how to identify companies with strong financials and the potential for long-term growth.

7. Diversify your portfolio: Buffett advocates for diversification to reduce risk. The book provides insights on how to build a well-diversified portfolio that includes a mix of different asset classes and industries.

8. Be patient during market downturns: During market downturns, it is crucial to remain patient and avoid panic selling. The book teaches readers to see market downturns as opportunities to buy quality stocks at discounted prices.

9. Avoid excessive debt: Buffett is known for his aversion to excessive debt. The book emphasizes the importance of investing in companies with a conservative approach to debt and solid financial stability.

10. Continuously educate yourself: Successful investing requires continuous learning. The book encourages readers to stay updated on market trends, financial news, and investment strategies to make informed decisions.

Happy reading ✨

𝟏𝟎 𝐋𝐄𝐒𝐒𝐎𝐍𝐒 𝐅𝐑𝐎𝐌 𝐓𝐇𝐄 𝐁𝐎𝐎𝐊 "𝐒𝐔𝐂𝐂𝐄𝐒𝐒 𝐇𝐀𝐁𝐈𝐓𝐒" 📚📚📚

𝐁𝐘 𝐍𝐀𝐏𝐎𝐋𝐄𝐎𝐍 𝐇𝐈𝐋𝐋.

1. Definiteness of Purpose: Successful people have a clear goal or purpose that drives them. Knowing exactly what you want and staying focused on it is crucial.

2. Mastery of Self-Discipline: Discipline is essential for success. This includes control over your thoughts, emotions, and actions, ensuring that they align with your goals.

3. Cultivate a Positive Mental Attitude: Success starts with a positive outlook. Optimism and confidence in your ability to achieve your goals help overcome obstacles and setbacks.

4. Develop Personal Initiative: Taking action without waiting for someone else to push you is a key to success. Proactive individuals tend to create opportunities for themselves.

5. Control of Your Time: Time management is vital. Successful people prioritize tasks and focus on what brings the most value to their goals.

6. Persistence: Stick with your goals even when the journey gets tough. Persistence and the ability to keep going in the face of adversity are necessary traits for long-term success.

7. Build Mastermind Alliances: Surround yourself with like-minded individuals who support your goals. Collaboration and shared wisdom can accelerate success.

8. Adaptability and Flexibility: Be willing to adjust your strategies and plans when faced with challenges. Flexibility in your approach ensures you stay on course toward your goals.

9. Self-Confidence: Believe in your abilities and have confidence in your potential to succeed. Self-confidence drives you to take risks and embrace challenges.

10. Learning from Failure: Every failure contains a lesson. Instead of being discouraged by setbacks, successful people use them as learning experiences to move forward.

These principles highlight the importance of mindset, action, and continuous self-improvement in the pursuit of success

Here are the top 10 key takeaways from

" Why Startups Fail "📚📚📚

A New Roadmap for Entrepreneurial Success by Tom Eisenmann:

1. Poor Market Fit: One of the leading causes of startup failure is launching a product that doesn’t adequately solve a customer problem or meet a significant need in the market.
2. Mismanaged Finances: Many startups fail due to improper financial planning—spending too much too quickly or not raising enough capital to sustain growth, leading to cash flow problems.
3. Premature Scaling: Expanding too fast without confirming product-market fit or establishing a solid business foundation often causes startups to collapse under the weight of scaling.
4. Founder Misalignment: Co-founder disputes and misaligned goals, values, or work ethics can tear apart a startup from the inside, making it difficult to navigate challenges.
5. Ignoring Customer Feedback: Failing to listen to customers or pivot based on their feedback leads to startups missing opportunities to refine their products or services to better meet market needs.
6. Weak Business Model: Startups can falter when they lack a clear, viable business model that outlines how they’ll generate revenue and achieve profitability in the long term.
7. Operational Inefficiencies: Problems with execution, such as poor hiring, ineffective team management, or inadequate operations, can create roadblocks that slow progress and deplete resources.
8. Product Launch Timing: Launching too early or too late can drastically affect a startup’s success. Entering the market too soon may result in a poorly developed product, while entering late may mean missing key opportunities.
9. Underestimating Competition: Startups that don’t adequately research or prepare for competition can find themselves unable to compete effectively, especially if incumbents or other players enter the space with more resources or better solutions.
10. Lack of Focus: Distraction or pursuing too many ideas at once can dilute efforts, leading to a loss of focus on the core business mission and reducing the chance of success.
These lessons provide a roadmap for entrepreneurs to avoid common pitfalls and increase their chances of building successful startups.

Top 10 lesson learned from the book
MILLION DOLLAR HABITS 📚
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1. "You are where you are and what you are because of yourself. Everything you are today, or ever will be in the future, is up to you. Your life today is the sum total result of your choices, decisions and actions up to this point."

2. "You can write the script of your own life, and if you are not happy with the current script, you can rip it up and write a new one."

3. "Success is the ability to live your life the way you want to live it, doing what you most enjoy, surrounded by people you admire and respect."

4. "Arise early each morning and read for 30 to 60 minutes in your field. Attend every seminar and course you possibly can. Make it a habit to seek out and attend at least four seminar programs per year in your field."

5. "Your “reference group” would determine as much as 95 percent of your success or failure in life. These can be members of your family; your coworkers; or members of your political party, church, or social organizations."

6. "The average self-made millionaire spends 20 to 30 hours per month thinking, studying, and planning finances."

7. "Your time is your life. Choose your job with care. Your time is more important than the money that you will receive. Money can be replaced, but time spent is gone forever."

8. "The Law of Sowing and Reaping: Whatsoever you sow, that also shall you reap. Whatever you put in, or do for others, will eventually come back to you."

9. "In one study conducted some years ago, the researchers found many men and women who accomplished great things had—when they were young—been avid readers of the biographies and autobiographies of successful people."

10. "The whole secret of a successful life is to find out what is one’s destiny to do, and then do it."

Never Enough 📚📚📚

From Barrister to Billionaire 💵

by Andrew Wilkinson tells the story of the author's journey from a career in law to building a successful business empire. Here are ten key lessons from the book:

1. Pursue Passion Over Prestige: Wilkinson emphasizes the importance of pursuing what you love rather than what is conventionally esteemed, suggesting that passion leads to true fulfillment and success.

2. Take Calculated Risks: Embracing risk is essential for growth. Wilkinson discusses the need for taking smart, informed risks to create opportunities that can lead to significant rewards.

3. Learn from Failure: Failure is an inevitable part of any entrepreneurial journey. Wilkinson illustrates how setbacks can provide valuable lessons and opportunities for growth if approached with the right mindset.

4. Focus on Value Creation: Building a successful business is about delivering value to customers. Understanding their needs and solving their problems can lead to sustainable success.

5. The Power of Persistence: Commitment and determination are crucial in overcoming obstacles. Wilkinson’s story reflects how persistence can help you push through challenges and achieve your goals.

6. Surround Yourself with the Right People: Building a strong network of supportive and talented individuals is vital. Collaboration with the right people can amplify your success and provide valuable insights.

7. Adaptability is Key: The ability to adapt to changing circumstances is crucial in business. Wilkinson stresses the importance of being flexible and open to new ideas and strategies.

8. Embrace Lifelong Learning: Continuous learning and personal development are essential for growth. Wilkinson advocates for staying curious and investing in your education throughout your journey.

9. Balance Work and Life: While dedication to your work is important, maintaining a healthy work-life balance is essential for long-term success and well-being.

10. Give Back to the Community: Success should be accompanied by a sense of responsibility to give back. Wilkinson highlights the importance of contributing to society and helping others as part of a fulfilling life.

These lessons encapsulate Wilkinson's experiences and insights, providing inspiration for anyone looking to navigate their own path to success while staying true to their values.

​​​​7 books that will blow your mind

1. "Fight Club" follows an unnamed narrator who creates and leads a secret fight club for men to explore their masculinity.
2. In "The Midnight Library", Nora discovers an extra-dimensional library, in which she can explore alternative versions of her life, before making the ultimate decision of which life to choose.
3. “Fingersmith” is a historical novel that follows the plan of a pickpocket and thief to con an heiress out of her inheritance.
4. “This Book Will Blow Your Mind” uses brain science to explain how the mind works, providing insight into understanding ourselves and our thought processes better.
5. "The Shape of a Life" is a fascinating exploration of the renowned mathematician's journey to uncover geometry's hidden order and its implications for understanding the universe.
6. “The Physics of God” covers topics such as matter, energy, cosmology, scientific laws and their impact on religious beliefs and faith systems in our world today.
7. In “Hyperspace”, physicist Michio Kaku proposes that there are higher dimensions that exist beyond our own reality as part of a dynamic universe capable of superseding physical laws.

Here are 5 key takeaways from the book
"STRATEGIZE TO WIN"
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1. #Know your strengths and weaknesses. This is the foundation of any successful strategy. Once you know what you're good at and what you're not so good at, you can start to build a strategy that plays to your strengths and minimizes your weaknesses.

2. #Set clear goals. What do you want to achieve? What are your long-term and short-term goals? Once you know what you want to achieve, you can start to develop a strategy to get there.

3. #Understand your competition. Who are your competitors? What are their strengths and weaknesses? What are their goals? Once you understand your competition, you can start to develop a strategy that will give you an edge.

4. #Be flexible. The world is constantly changing, so your strategy needs to be flexible enough to adapt to change. Be prepared to adjust your strategy as needed.

5. #Execute your strategy. This is the most important step of all. Once you have a strategy, you need to execute it. This means taking action and making sure that your strategy is working.

Here are some additional key takeaways from the book:

A. #Strategy is not a one-time event. It is an ongoing process that needs to be reviewed and updated regularly.

B. #Strategy is not about perfection. It is about progress. You will never have a perfect strategy, but you can always improve your strategy by learning from your mistakes and by making adjustments as needed.

C. #Strategy is about execution. It is not enough to have a good strategy. You also need to be able to execute your strategy effectively.

I hope these key takeaways help you on your journey to strategizing to win.

Thank you for reading 📖

🔟 business books so good you'll think they're a gold mine 📚📚📚
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1.) MONEY Master the Game by Tony Robbins

You'll learn:

•The steps to achieve financial freedom

•The differences between renting and owning

•How to create wealth by playing the long game

Next:

2.) This is Marketing by Seth Godin

What you'll gain:

•How to sell, market, & advertise the right way

•How to create something you're proud of

•How to be a driver of a market

Moving on. . .

3.) The 4 hour Work Week by Tim Ferriss

What you'll learn:

•How to join the new rich

•How to create products that work for you

•How to create a work-life around your lifestyle

Next:

4.) Outliers by Malcolm Gladwell

What you'll learn

•Stories of the mega-successful

•How to understand achievement & failure

•Success is based on being in the right place at the right time

Next:

5.) The 22 Immutable Laws of Marketing

You'll learn:

•How to win in the long run of a competitive race

•It's better to be 1st in mind that in the marketplace

•You have to give up something in order to get something

Next:

6.) Creativity Inc. by Edwin Catmull

You'll learn:

•How to overcome the forces that stop inspiration

•How quality is the best business plan

•How to make a creative environment

Next:

7.) The Effective Executive by Peter Drucker

You'll learn:

•How to manage time

•How to manage and lead effectively

•How to focus on outward contribution and build strengths

Next:

8.) Shoe Dog by Phil Knight

You'll learn:

•If you're young and have nothing to lose, go for broke

•The struggles & insights it took to build Nike

•Find a mentor who believes in you

Next:

9.) Think & Grow Rich by Napolean Hill

What you'll learn:

•How to use the power of thought to advance your career

•How to combine specialization & imagination

•The way of life you need to develop

Next:

10.) Zero to One by Peter Thiel

What you'll learn:

•The best interview questions

•The strategy for startup success

Here are 5 key takeaways from the book
"STRATEGIZE TO WIN"
-
1. #Know your strengths and weaknesses. This is the foundation of any successful strategy. Once you know what you're good at and what you're not so good at, you can start to build a strategy that plays to your strengths and minimizes your weaknesses.

2. #Set clear goals. What do you want to achieve? What are your long-term and short-term goals? Once you know what you want to achieve, you can start to develop a strategy to get there.

3. #Understand your competition. Who are your competitors? What are their strengths and weaknesses? What are their goals? Once you understand your competition, you can start to develop a strategy that will give you an edge.

4. #Be flexible. The world is constantly changing, so your strategy needs to be flexible enough to adapt to change. Be prepared to adjust your strategy as needed.

5. #Execute your strategy. This is the most important step of all. Once you have a strategy, you need to execute it. This means taking action and making sure that your strategy is working.

Here are some additional key takeaways from the book:

A. #Strategy is not a one-time event. It is an ongoing process that needs to be reviewed and updated regularly.

B. #Strategy is not about perfection. It is about progress. You will never have a perfect strategy, but you can always improve your strategy by learning from your mistakes and by making adjustments as needed.

C. #Strategy is about execution. It is not enough to have a good strategy. You also need to be able to execute your strategy effectively.

I hope these key takeaways help you on your journey to strategizing to win.

Thank you for reading 📖

♣️ 11 TRUMP CARDS ♥️
The Elements of the Deal

1. THINK BIG.
"If you're going to be thinking anyway, you might as well think big."
"One of the key's to thinking big is to FOCUS."

2. PROTECT THE DOWNSIDE AND THE UPSIDE WILL TAKE CARE OF ITSELF.
"I always go into the deal anticipating the worst- the good will always take care of itself."

3. MAXIMIZE YOUR OPTIONS.
" For starters, I keep a lot of balls in the air, because most deals fall out, no matter how promising they seem at first."
"In addition, once I've made a deal, I always come up with at least a half dozen approaches to making it work, because anything can happen, even to the best-laid plans."

4. KNOW YOUR MARKET.
"If I'm thinking of buying a piece of property,... I ask and I ask and I ask, until I begin to get feeling about something. And that's when I make a decision."
"The other people I don't take too seriously are the critics- except when they stand in the way of my projects. In my opinion, they mostly write to impress each other, and they're just as swayed by fashions as anyone else."

5. USE YOUR LEVERAGE.
"The best thing you can do is deal from strength, and leverage is the brightest strength you can have."
"... you have to convince the other guy it's in his interest to make the deal."

6. ENHANCE YOUR LOCATION.
"You don't necessarily need the best location. What you need is the best deal. Just as you can create leverage, you can enhance a location, through promotion and through psychology."

7. GET THE WORD OUT.
"One way is to hire people and pay them a lot to sell whatever you've got."
"One thug I've learned about the press is that they're always hungry for a good story, and the more sensational the better."

8. FIGHT BACK.
"If you're fighting for something you believe in- even if it means alienating some people along the way- things usually work out for the best in the end."

9. DELIVER THE GOODS.
"You can't con people, at least not for long. You can create excitement, you can do wonderful promotion and get all kinds of press, and you can throw in a little hyperbole. But if you don't deliver the goods, people will eventually catch on."

10. CONTAIN THE COSTS.
"I believe in spending what you have to. But I also believe in not spending more than you should."

11. HAVE FUN.
"I don't kid myself. Life is fragile, and success doesn't change that... I try not to take any of what's happened too seriously. Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game."

📚Donald Trump_The Art of The Deal