Are Books Worth The Money?

by Karen · 38 comments

in Books, Education, Self Improvement, Writing

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Books are getting to be quite expensive these days and especially if you are an avid reader like me, the cost can be signficant. I kick myself for not investing in Amazon when it was just a fledging company – I should have stock, I buy so much from them.

I read a lot of books in different genres and as I was going through some of my bookcases this weekend, I started thinking of what are the books that I go back and re-read in various moments in my life. What are the books that I have read that have been so much more worth the time and money because of their impact on my life?

The only thing worse than not reading a book in the last ninety days is – not reading a book in the last ninety days and thinking that it doesn’t matter. – Jim Rohn

I’ve come up with a list of 6 books that have made an impact on either my financial life or in changing my mindset. Here they are, in no particular order:

#1 The Power of Focus: How to Hit Your Business, Personal and Financial Targets with Absolute Certainty by Jack Canfield, Mark Victor Hansen and Les Hewitt

The Power of Focus

This is the book that I read over and over again whenever I find myself not sure of what I need to do to take positive action in my life. The book is geared a little towards business people, but the information inside is applicable to anyone who wants to gain focus and clarity in their lives. The Action Steps at the end of each chapter are more than worth the cost of the book.

I can’t recommend this book enough. I bought it years ago and I can say that it has made the most impact on my mindset in believing that there are certain strategies that successful people follow. Having those strategies clearly stated in the book and then following the Action Steps can impact your life as well.

 #2 Smart Women Finish Rich: 9 Steps to Creating a Rich Future by David Bach

Smart Women Finish Rich

I’ve written about this book before and can’t recommend it enough, particularly if you are a woman who knows that you are worth more than what you are making now. David lays out very clearly the steps that will aid you on your path to financial freedom.

This was the book that directly caused a $20 000 increase in my salary. I had to leave the position I had at the time to do it, but without reading David’s book and believing that I was worth more than what I was making, I would still be in that dead-end position that I had. I believe David also coined the phrase ‘Latte Factor” which basically says to see where you are spending your money and see if it is costing you more than a Latte. Buying a coffee (Latte) every weekday morning can add up signicantly over the course of year – money that can be better spent towards your financial success.

Another nugget of wisdom that made a huge impact on my life was where David said that the people you work with are not your friends – they are your colleagues or co-workers. If you are staying at a dead-end job with low pay because of your ‘friends’ at work, then that’s a mindset that needs to be changed. Go apply for a new position with more money and make new ‘friends’ at the new position. It’s true. I left the position that wasn’t paying me what I was worth, even though it was hard to leave people that I believed were my friends. And, you know what? The people who were truly my friends at the old position continued to be my friends, but making almost $1000 (net) per month in my chequing account more than made up for those ‘friends’ that were in my life because we conveniently worked at the same company.

#3 What Do I Do Now: Dr. Foster’s 30 Laws of Great Decision Making by Dr. Charles Foster

What Do I Do NowI just wrote about this book and gave you a taste of some of the laws in this book in my article How To Make Better Decisions That Move You Forward In Life so I won’t go into too much detail here. I picked up and first read this book during a difficult time in my life. I didn’t know which way to turn and what to do. You could say that I was in the ‘analysis paralysis’ stage where I had tons of information but couldn’t make a decision. I kept second-guessing myself and trying to convince myself that I was making the right (and safe) choice with what to do with my life. Reading about the 30 Laws and how successful people have a strategy they follow to make better decisions in their lives was eye-opening. I didn’t know that there was a framework in making good decisions.

One of the nuggets of wisdom in the book, besides the ones I have already talked about in the previous article, was the idea of asking yourself at the end of each day whether you had a good day or a bad day. Then you were to put an ‘X’ on the calendar for bad days. If you ended up with more than seven ‘X’s in a row, then you were to make a decision and act on that decision. It’s no use continually having bad days without doing something constructive to correct them. Another nuggest offered was his suggestiont that if you were trying to decide between two choices live for one week as if you chose Choice A. Then live for one week as if you chose Choice B. This also made a huge impact on me because at the end of the two weeks it became clear which was the right choice for me. Having lived with the choice and acting as if I had already made the decision, trained my brain to go into action and solution mode. It was enough to get me out of the analysis  paralysis stage and move on with my life.

#4 What Should I Do with My Life?: The True Story of People Who Answered the Ultimate Question by Po Bronson

What Should I Do With My LifeReading this book about how people who were successful and yet somehow got the courage to change their lives and do what they wanted to do, rather than what society told them they must do, also made a huge impact on me. The book provides tons of examples of real-life people who found the courage to change their lives. There are stories of corporate men and women who gave it all up to do what they always wanted to do with their lives. There are other stories of people who were young and lost and not sure what to do with their lives, but they overcame the fear and confusion to find meaningful lives to lead.

I really liked reading about how other people are mixed up, too, and yet were able to find the strength to fix wasn’t working in their lives. It’s an inspiring read because as you are reading the book, you realize that we all are on the same journey – to find the deeper meaning to why we are here and what we have to offer.

#5 Feel The Fear And Do It Anyway by Dr. Susan Jeffers

Feel The Fear And Do It AnywayAlong with the ‘Power of Focus’, this book has made the most impact on my life. Reading about how everyone has certain fears but they don’t let those fears stop them from discovering what they want to do with their lives and moving through the fears was eye-opening to me.

I’ve read this book over and over again during my life when I am letting fear come between what I want to do in my life and taking the necessary action to move forward in my life despite the fear that I’m feeling. The title says it all - Feel the Fear and Do it Anyway’. That’s what succesful people do – they do what they need to do, despite feeling afraid. Did you know that there are famous singers like Barbra Streisand who actually throw up before they sing because they are so scared to go out on stage before their audiences? But, that doesn’t stop them from doing what they want to do in their lives. Everyone on the planet is scared of something. It’s knowing that you are not letting that fear rule your life and make decisions for you, that separate the successful people from the unsuccessful people.

#6 No Opportunity Wasted: Creating a List for Life by Phil Keoghan and Warren Berger

NOW No Opportunity WastedThis might seem like a weird book to include in this list, but No Opportunity Wasted has also made a huge impact on my life. Phil Keoghan, for those who don’t know is the host of ‘The Amazing Race” television series. The premise behind the book is to list what you want to do in your life and then go through each one to see what is stopping you. It also strongly points out that we can take nothing for granted in our lives. If you have always wanted to trek Machu Picchu don’t think that you will be able to do it ’someday’. What if they close down the place to tourists? It’s a World Heritage Site and is currently being trampled by so many people wanting to visit the Inca ruins. What if this was on your 101 Things To Do Before I Die list and you it was no longer accepting tourists? You wouldn’t be able to experience it.

Or what if your dream is being able to swim with dolphins. You’ve always wanted to be able to swim with the majestic creatures and yet you are afraid of flying. You will need to overcome your fears in order to experience what you’ve always wanted to experience. The book provides great examples of people overcoming what they perceive to be huge obstacles in their lives in order to have No Opportunity Wasted. Nothing in life is guaranteed so do it NOW.

These books are just a small sample of books that I could have wrote about. There are so many other books that have also made me think and challenged me to become a better person and to find meaning in my life.

I would answer the question Are Books Worth The Money?  with a resounding Yes, they are!

All of the books listed above can be found at Amazon or at your local library. Please consider checking them out and letting me know if they had an impact on your life.

Now it’s your turn. What one or two books have you read that have made a difference in your life? What nugget of wisdom have you read that impacted you the most?  I’m always looking for some great books to read, so share yours by leaving a comment. Thanks!

If you enjoyed this post, please consider leaving a comment or subscribing to my feed to have all the future articles delivered to your feed reader. Thanks!

{ 38 comments… read them below or add one }

1 Eleanor Edwards February 8, 2010 at 6:55 AM

Hi Karen,
As soon as I read your opening sentence, I thought of the local library so I’m glad you gave it a mention ;) Did you know that the author earns something like a penny everytime their book is taken out on loan?

Great list of books. I haven’t read any of them so a few to add to my wish list ;)

As for my recommendations, I’m halfway through Tim Ferris’s Four Hour Work Week. Very good reading so far. Enjoyable and useful ;)

But in a totally different genre, I have to recommend The Shack by Wm Paul Young. It totally hammered my thoughts about God and made me fall in love all over again. It’s a real tear jerker too so be warned but it is fabulous!
Eleanor Edwards´s last blog ..Love or Celebrity: Which Would You Choose? My ComLuv Profile

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2 Karen February 8, 2010 at 8:30 AM

Hi Eleanor,

Yes, I used to practically live in the local library when I was younger and have many fond memories of sitting in a quiet spot and being engrossed in books. Now, they even offer DVDs that you can borrow and are offering so many great options for their library patrons. It’s a great way to save money, as well.

Glad that you liked the list. I could have added a lot more.

I have never heard of The Shack and it sounds interesting. Thanks for recommending it.

Karen

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3 Matthew Needham February 9, 2010 at 7:06 AM

I thought Google had replaced the library?!

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4 Jeff February 8, 2010 at 3:13 PM

Hey Eleanor, do you think you could find reference for the statement you just made that an author earns a penny when a book is checked out? This, I had never heard and would like to verify.
Jeff´s last blog ..Beating the Feeling of Disconnected and Isolated My ComLuv Profile

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5 Eleanor Edwards February 9, 2010 at 5:52 AM

Hi Jeff,
I just remember being told this as a kid. I was told by a genuine grown-up though so I always took it to be true ;) I just did a quick search on google and didn’t come up with much. One blog said that authors get paid royalities on the number of books a library buys, not per check out. However, I’m in the UK so maybe the rules are different?

Tomorrow morning, one of the children in my son’s school will be in school (this particular little boy only goes once a week) and his mum works in our local library so I shall ask her. She’s been there for several years so if she doesn’t know, she’ll know someone who does ;)

Leave it with me, I shall get back to you asap :)

Eleanor
Eleanor Edwards´s last blog ..If you want to take over the world – look to young people. My ComLuv Profile

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6 Karen February 9, 2010 at 7:52 AM

Thanks, Eleanor

I checked, too and couldn’t come up with a specific reference but did find that in UK the authors are paid royalties for library books (there is a maximum amount). Interesting.

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7 Gordie February 8, 2010 at 7:02 AM

Hi Karen,

Thanks for recommending these. I think “The Power of Focus” and “Feel the Fear and Do it Anyway” look like they could have a powerful impact on my life. I’ll put them on the too read list. Thank you.
Gordie´s last blog ..Personal Development By George Clooney: How Much Does Your Life Weigh? My ComLuv Profile

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8 Karen February 8, 2010 at 8:32 AM

Hi Gordie,

Yes, definitely check them out at the library or see if any of your friends have a copy – they are very powerful books, especially “Feel the Fear”. She’s an excellent author and this is the definitive book on realizing that everyone has fears and you have to move through them to be successful.

Glad that you liked the list. Do you have a book to recommend that made a difference in your life?

Thanks,
Karen

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9 Phil Starn February 8, 2010 at 8:40 AM

Thanks for sharing your list!

Dale Carnegie’s “How to stop worrying and start living” made a good difference in my life. I’ve read it last summer and refer to it from time to time when I feel too much pressure.

How do you find the time to read so much? :)
Phil Starn´s last blog ..365 Days to Change Into a Better Me My ComLuv Profile

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10 Karen February 8, 2010 at 8:59 AM

Hi Phil,

I have heard of that book, but haven’t read it. I’ll be adding it to my wishlist.

You make the time for priorities :-) Plus, I can read pretty fast – that helps, too.

Thanks,
Karen

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11 TheInfoPreneur February 8, 2010 at 9:18 AM

Hi Karen,

Now I’m not a book worm as you know but the reason this drew me in was the fact my wife has a couple of these book you have listed.

I often say magazines are a bit of a waste of money, books, not sure.

My wife has a lot and learns a great deal from them, so I think books, especially the ones you mentioned are 100% worth it!

RT’ing now
TheInfoPreneur´s last blog ..Onward The Brave My ComLuv Profile

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12 Karen February 8, 2010 at 4:05 PM

Hi James,

That’s great that your wife has read some of the same books that I have – they are very good books that are totally worth the time and money.

Thanks for the RT

Karen

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13 Jeff February 8, 2010 at 3:24 PM

Hi Karen, your post is insightful and helpful as usual. I really enjoyed Po Bronson’s book, he’s an amazing writer and the stories are inspirational. I’ll have to check out the Power of Focus, that sounds right up my alley. Thanks again!
Jeff´s last blog ..Beating the Feeling of Disconnected and Isolated My ComLuv Profile

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14 Karen February 8, 2010 at 4:06 PM

Welcome Jeff,

Yes, it’s been a couple of years since he wrote that book and his follow-up but the stories are certainly timeless and inspirational. The Power of Focus is a great book and resource to keep. Let me know what you think of it.

Thanks,
Karen

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15 Eric February 8, 2010 at 5:48 PM

I am going to have to pick up my own copy of ‘feel the fear and do it anyway’. The title alone strikes my interest very much and I love reading books.

RTing now! :)
Eric´s last blog ..Real Or Robot My ComLuv Profile

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16 Karen February 8, 2010 at 6:51 PM

Definitely get it, Eric it’s one of the most seminal books on fear and overcoming it.

Thanks for the RT :-)

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17 Walter February 8, 2010 at 7:50 PM

There’s a lot of books that have change my life. Among them are:

Thick Face Black Heart
Way of the peaceful Warrior
A Rich Man’s Secret
The monk who sold his ferrari
What they don’t teach you at Harvard
Zen and the Art of Motorcycle Maintenance
Simple Words
Man’s search for meaning

I love reading good books. It takes me on a different plane of understanding. And it has enhance my search for wisdom. :-)

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18 Karen February 8, 2010 at 9:15 PM

Hi Walter,

I have Zen and the Art of Motorcycle Maintenance but couldn’t get into it. I have heard of the others, and will pick up Man’s Search for Meaning – Victor Frankel is someone that I admire.

Thanks for the list,
Karen

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19 Adrian Swinscoe February 26, 2010 at 9:20 AM

Although, I loved both, I found Pirsig other book in the series: Lila: An Inquiry into Morals a better read.

Adrian
Adrian Swinscoe´s last blog ..Ask more to get more My ComLuv Profile

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20 Tanner February 8, 2010 at 8:34 PM

Seems like a list of books I must read. I do enjoy Jack Canfield books.

I would have to say the two books that changed my life are:

1. This one is actually not a book but the Get The Edge Series by Tony Robbins. I guess it could be considered an e-book.
2. The Four Hour Workweek by Tim Ferriss. The title is misleading because it is so much more than working for four hours a week. That is not the goal of a lot of people and there are tons of gems in this book from Tim.

Fortunately, I have access to one of the largest libraries in the world at Penn State.

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21 Karen February 8, 2010 at 9:16 PM

Hi Tanner,

I have read the books by Tony Robbins and the 4-Hour Work Week (original and the expanded version). Both are fantastic resources and are highly recommended.

Thanks,
Karen

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22 Matthew Needham February 9, 2010 at 8:00 AM

Tanner,

I concur with your comments on the Four Hour Work Week, it’s difficult to pigeon hole what sort of book it actually is. Is it productivity (yes) is it entrepeneurship (yes) is it about lifestyle (yes). Is it about working 4 hours a week – not really!
Matthew Needham´s last blog ..Charity benefits from 4 Hour Work Week My ComLuv Profile

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23 Ben February 9, 2010 at 2:42 AM

Hey Karen

I’ve not read any of these books but I definitely will add them to my future reading list.

I don’t think books are expensive I just think they have more competition with free content online these days.

Two amazing, mind altering books I’ve read recently are Crush It by Gary Vaynerchuk and Notes from a Friend by Tony Robbins.

Currently reading a couple of good ones too. Will report back on them though
Ben´s last blog ..Be a beginner My ComLuv Profile

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24 Karen February 9, 2010 at 7:54 AM

Hey Ben,

Glad to hear that you will be checking the books out. If you don’t want to pick up the Smart Women Finish Rich book, you can try the Smart Couples Finish Rich and/or The Automatic Millionaire, both are quite good.

I have Crush It on order and have not heard of that book from Tony Robbins – is it new? Will check it out, thanks.

Karen

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25 Ben February 9, 2010 at 8:05 AM

Oh I quite fancied reading Smart Women Finish Rich lol

No the Tony Robbins books is about 10 years old – such a great read as well
Ben´s last blog ..Be a beginner My ComLuv Profile

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26 Matthew Needham February 9, 2010 at 7:17 AM

I too love books, but I buy far more than I have time to read. I’m making a concious effort to read one before buying another, but the truth is there’s so many great books out there.

The only book I’ve heard of on the list is one that I actually own (although not read yet!) is Feel the Fear and Do it anyway.

In the last couple of years, I’ve been most heavily influenced by 3 books, which are all actually very complimentary and sort of all say similar things but in different ways which I guess it’s why they’ve had such a profound impact at the right time in my life. Sort of drip on the forehead.

1. Multiple Streams of Income by Robert Allen – changed my thinking enormously about money
2. Rich Dad Poor Dad – Robert Kiyosaki – ditto above, but more about setting financial foundation – made me look at assets and liabilities in a completely different way
3. The Four Hour Work Week – Tim Ferris – sort of productivity guide and business guide rolled into one. Certainly mindset changing.

Re the Smart Women finish Rich raises an interesting point. That book would have been excellent value at $18,000 a copy as you would gain a further $2k.

All too often people underestimate the value of the information in books and this is something you should consider when pricing your own ebook.
Matthew Needham´s last blog ..Charity benefits from 4 Hour Work Week My ComLuv Profile

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27 Karen February 9, 2010 at 7:59 AM

Hi Matthew,

I have read all 3 of those books and wasn’t impressed by Rich Dad Poor Dad and found the Multiple Streams of Income book good (if a little dated with its knowledge). All 3 books are basically saying that it’s up to you to change your mindset to one of wealth and prosperity and that it’s up to you to make it happen. Good choices. Another really good book in the similar vein that I enjoyed was “The One Minute Millionaire” by Mark Victor Hansen. Check that one out – very good read.

Yes, people can underestimate what value they receive from books, which is why I have so many. The 20K increase alone was enough to pay for several years worth of books that I buy, plus it was enough to finally pay off my student loans at the time. It made a big impact on my financial success, even to this day. My starting salary is a lot higher now :-)

Thanks,
Karen

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28 Olusegun February 15, 2010 at 6:34 AM

I love you Karen,

You are all about empowering people by developing their minds and setting out to live a meaningful life.

Thanks for the list. I have not read any of them …yet but i sure will.
The 4HWW is one of the most powerful books i read last year. The Most Awesome of the books i have ever read is “The Laws of Success In 16 Lessons”. if any one thinks “Think and grow Rich” is a great book, well, i’m sorry to tell you that it was a watered down copy of this N. Hill’s book.

Please look out for it. It was released for a few weeks before the rich men of the day bought everything and ask for “Think and Grow Rich” written instead.

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29 Karen February 15, 2010 at 6:02 PM

Welcome Olusegun,

You made my day! Thanks so much for the kind words :-)

I have not read ‘The Laws of Success in 16 Lessons’ but it sounds interesting. I have read ‘Think and Grow Rich’ and was impressed by N. Hill’s insights – especially since it was written so long ago. Timeless information never grows old, I guess.

Thanks for the recommendation. I’ll keep an eye out for “The Laws of Success in 16 Lessons”.

Thanks,
Karen

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30 Olusegun February 16, 2010 at 3:46 PM

You are welcome.
:)

Please let me know whether you get it or not.
Olusegun´s last blog ..Top 45 tips on blog creation and design My ComLuv Profile

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31 Karen February 16, 2010 at 7:22 PM

I’ll be adding it to my Amazon wishlist :-)

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32 Joe March 4, 2010 at 5:56 PM

Life of Pi by Yann Martel.

It’s a different type of self-affirmation book, if you will. Less about making yourself physically rich, and more about making yourself spiritually rich. It’s about faith vs. reason.

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33 Karen March 4, 2010 at 6:01 PM

Hi Joe,

I remember you were reading that book. Have you got a review of it? If so, send the link.

Thanks for recommending it, but I tried reading it a few years ago when it won all the awards, but just couldn’t get into it. Maybe you need to be a in a certain frame of mind to get engaged with the story. Maybe I should give it another try :-)

Anyone else read Life of Pi? Did you like it?

Thanks for stopping by and sharing.

Karen

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34 Justin Popovic March 5, 2010 at 3:55 PM

I have only read “The Power of Focus” in terms of the books on your list but they all look like excellent reads. I know that the Susan Jeffers book has helped many people and Jack Canfield recommends that book to all of his students.

I think we need more books that discuss fear and how to overcome it. I know for me personally, overcoming fear was the single most important step in my journey to become an entrepreneur. And since I did, my life has been packed full of meaning and excitement. To think I was holding myself back from being an entrepreneur all of those years because of my fear. I am glad I overcame it!
Justin Popovic´s last blog ..Be Bigger Than Your Problems My ComLuv Profile

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35 Karen March 5, 2010 at 11:50 PM

Hi Justin,

I’m trying to think of any other book about Fear that has made such an impact on people’s lives and Dr. Jeffers book is the only one I can think of. I love the Power of Focus book and re-read it at least once per year when I need to be motivated and focused on what I can do to move myself forward in life. Another excellent resource to have.

It’s great to hear your story of overcoming your fear to become a successful entrepreneur. Good for you!

Thanks so much for stopping by and sharing.

Karen

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36 innocriss March 12, 2010 at 6:57 PM

Thanks for your recommendations. I’ve always loved your post and think if you list and recommend these books, then surely they are best. I will purchase some and give a feedback too. thanks for the list
innocriss´s last blog ..Develop Yourself Into a Successful Online Entrepreneur My ComLuv Profile

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37 Julius Kuhn-Regnier April 5, 2010 at 4:02 PM

Cool post Karen. I actually haven’t read any of the books you have mentioned here. But I am totally into books. I really can’t understand why people won’t read books. There are such a great way to improve your life.
Julius Kuhn-Regnier´s last blog ..How to Become More Productive My ComLuv Profile

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38 Aaron Darko April 20, 2010 at 12:50 PM

I love this post simply because I don’t read lol

I’m like Gary Vaynerchuk, I listen to audio programs of books and watch videos.

I’ve never been a reader – at school they would need to bribe me with sweets to read a few pages!

I really respect you guys who can read a whole book – If I put my mind to it obviously I can do it but I find audio of the same book so much easier!

What do you think?

Also that reminds me I need to review Think and Grow Rich on my blog. Great book isnt it Karen?
Aaron Darko´s last blog ..Interview with David Risley on How To Get Started Online My ComLuv Profile

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