"> Want to be Wealthy? Pick Up a Book. - Richard Schnitker

Want to be Wealthy? Pick Up a Book.

 

Successful and wealthy people come from all walks of life and their individual experiences have shaped who they are, what they do and how they do it. But most of them have something in common – they read. A lot.

In Steve Siebold’s book How Rich People Think, he points out that a packed library is something many wealthy people have in common. And they’re not usually picking up mystery novels. They’re focused on reading non-fiction books – especially biographies and autobiographies – to learn and build knowledge.

“Walk into a wealthy person’s home and one of the first things you’ll see is an extensive library of books they’ve used to educate themselves on how to become more successful … The middle class reads novels, tabloids, and entertainment magazines,” he says in his research.

Many of the world’s wealthiest people aren’t quiet about their reading habits. Warren Buffett has regularly said that he spends 80 percent of his day reading. In a 2013 interview with The Week, Buffett said the key to getting smarter is reading. In fact, he challenged people to read 500 pages a day.

Obviously Warren Buffett isn’t the only bookworm – Bill Gates’ dad told Forbes that Bill was a huge bookworm and, in a 2016 article, said “Just about every kind of book interested him–encyclopedias, science fiction, you name it. I was thrilled that my child was such an avid reader, but he read so much that Bill’s mother and I had to institute a rule: no books at the dinner table.” In a 2016 New York Times article, Gates said he reads about 50 books a year. Elon Musk, Richard Branson and Mark Zuckerberg are also self-proclaimed avid readers.

Here are just a few of the books you’ll find on our shelves:

Business Adventures by John Brooks

The Effective Executive by Peter F. Drucker

The Innovator’s Dilemma by Clayton M. Christensen

The Pumpkin Patch by Mike Michalowicz

Think and Grow Rich by Andrew Carnegie

The 7 Habits of Highly Effective People by Stephen Covey

The Power of Positive Thinking by Norman Vincent Peale

What books would you recommend your business colleagues read? Are there books or publications that have had a dramatic impact on your life or how you do business? Tell us in the comments!

Filed under: Business Coaching Tagged: accountability, balance, business blo, business blog, business coach, business coaching, business coaching blog, business owner, entrepreneur, financial success, Growth Coach, leadership, management, sales, small business, strategic business owner, strategic thinking, success, wealth, wealth blog
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Whether you’re trying to build a small business or you’re leading a sales team, finding ways to be successful in business while living a balanced life can be a challenge. I’m Dr. Richard Schnitker, the local owner of The Growth Coach of Marlboro Maryland, and my goal is to help people step back, relax and look at the big picture. I’ve always had a knack for getting into the weeds, listening to the challenges people are having, and finding ways to address their problems. The Growth Coach enables me to bring those skills, my passion for business, my training as a leader, and my resources as a Growth Coach together in a way that can benefit my clients. I always enjoyed being in leadership positions and having served in various positions from authoritative to servant leadership as well as change and transformational management. Being able to give back, by serving as a Strategic Business Coach, is one of the greatest ways I can help people find ways to meet their goals and be successful. A lifelong dream was to be a business owner and The Growth Coach has given me a solid platform of resources and support system to operate from. I’m looking forward to serving business owners, company leaders and sales professionals in my community.

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