Book Review
David Bach, The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich (2004)
David Bach has created a cottage industry out of conventional financial planning wisdom artfully packaged. The Automatic Millionaire is the core of that pursuit, a practical, simple, conventional guide to financial planning wrapped around the concept of “automaticity.” Essentially, Bach points out that you can become a millionaire by incorporating automatic deductions from your income…
Read MoreBook Review: Thomas J. Stanley and William D. Danko, The Millionaire Next Door
The Millionaire Next Door is an insightful study of millionaires in America and the characteristics they share in common. The book is based on a set of research surveys conducted by the authors combined with interviews and other research. The findings of the studies, and the book, are counter-intuitive insofar as they point out that…
Read MoreBook Review: Stephen C. Lundin, FISH!: A Remarkable Way to Boost Morale and Improve Results (2000).
Stephen Lundin’s Fish!: A Remarkable Way to Boost Morale and Improve Results quickly became a revered text in modern management styles after its publication a decade ago, particularly well-known for its promotion of “fun” in the workplace to motivate employees. There’s actually a lot more in the book, though, than just its “fun”-orientation, particularly in…
Read MoreBook Review: Michael E. Gerber, The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It
The E-Myth books are highly recommended by a lot of other business authors, and by a number of business people I have met. I found The E-Myth Revisited to be very flabby – lots of good insights throughout, but woven around a series of stories and staccato imprecations that made the book a tougher read…
Read MoreBusiness and Financial Book Reviews Coming
Over the next week, we’ll be publishing a series of book reviews for classic business books that I’ve read over the past ten years. Essentially, when I read them I took notes for my own use of the books’ salient points, and thought that it might be helpful to pull together those notes into a…
Read MoreBook Review: Atul Gawande's The Checklist Manifesto: How to Get Things Right — Achieving Operational Excellence in the Real Estate Industry
Atul Gawande’s The Checklist Manifesto is a powerful book, one of the best and simplest articulations of how to achieve operational excellence that I have ever read. Gawande’s message is simple: the world has become increasingly complex, and we need to actively create systems and processes that will simplify the tasks that we have to…
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