The 7 Stage Formula For Being Wealthy

The 7 Stage Formula For Being Wealthy

Being Wealthy is a dream of almost every modern men and he/she always remains in search of different ways of achieving the same. While researching upon the topic I stumble upon a old time tested idea of gaining wealth.

That idea was reading high quality book full of wisdom / knowledge and implementing them into our lives for getting wealthy. After researching on the topic I have come with a list of books which need to be read for accumulating wealth, these books are divided into 7 segments.

According to the “7 Stage Formula” books (at least three) under one segment have to read thoroughly and then learning of it has to be implemented in our lives. Thereafter reader should move to the next segment in given chronology and follow the advice as above.

These 7 stages are laid in such a manner that it will take you through 3 different aspects of wealth creation, that are:

I know for some it seems difficult reading so many books, but remember achieving goals and realising dreams were never easy. So without wasting much time find below 7 stages of wealth creation & list of essential books related to it. You can also click the name to buy it from amazon at discounted price:

Step 1: Learn the basics of personal finance management and change your perspective on money

  1. The Millionaire Next Door , by Thomas J. Stanley
  2. Everyone deserves to be rich , by Olivier Seban
  3. Prosperity strategies , by Jim Rohn
  4. The Richest Man in Babylon , by George S. Clason
  5. Think and Grow rich , by Napoleon Hill
  6. Start Late, Finish Rich , by David Bach
  7. More Than Money , by Fiona Harrold

Step 2: Learn the basics of investing and get to know the world of investing and business

  1. Rich dad, poor dad , by Robert T. Kiyosaki
  2. Rich dad CASHFLOW Quadrant , by Robert T. Kiyosaki
  3. Guide to investing , by Robert T. Kiyosaki
  4. Increase your financial IQ , by Robert T. Kiyosaki

Step 3: Learn to invest in real estate

  1. The ABC of Real Estate in India , by Sachin Mittal
  2. Practical guide to rental investment , by Bertrand Couette
  3. Real estate, how to invest? , by Vincent Bussière

Step 4: Learn to invest in the stock market

  1. The intelligent investor , by Benjamin Graham
  2. Investing in value , of Collectif
  3. Inside the Guru Mind: Warren Buffett, by Robert Heller (not available on Amazon.in)
  4. 24 Essential Lessons for Investment Success , by William J. O’Neil
  5. How I made $ 2,000,000 on the stock market , by Nicolas Darvas
  6. Learn to Earn: A Beginner’s Guide to the Basics of Investing  , by Peter Lynch
  7. How to Use Financial Statements , by James Bandler

Step 5: Learn to create and manage your own business

  1. The E-Myth Revisited , by Michael E. Gerber
  2. The New Business Road Test , by John Mullins
  3. The Art Of The Start , by Guy Kawasaki
  4. All Marketers Are Liars , by Seth Godin
  5. 4 hour week , by Tim Ferriss
  6. The Ultimate Sales Machine , by Chet Holmes
  7. Bargaining for Advantage , by Richard Shell
  8. Inside the guru mind: Peter Drucker (not available on Amazon.fr)
  9. The 100 Absolutely Unbreakable Laws of Business Success , by Brian Tracy
  10. Before You Start Up , by Pankaj Goyal

Step 6: Learn to manage and protect your assets

  1. Million Dollar Second: Time Investment Strategies For The Digital Age , by Brig Sushil Bhasin
  2. Wealth management advice , by William Dosik

Step 7: Learn to stay motivated, develop personal effectiveness and set goals

  1. The 7 habits of Highly Effective People , by Stephen-R Covey
  2. The magic of thinking big , by David J. Schwartz
  3. The Power of Less , by Léo Babauta
  4. Edge: Turning Adversity into Advantage , by Laura Huang
  5. Ordinary Greatness , by Pamela A. Bilbrey
  6. Emotional Intelligence 2.0 , by Travis Bradberry
  7. The Art of Happiness , from the Dalai Lama

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