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... a bit of a clickbaity title, it's not a problem with MF specifically as much as it is with all self help finance books:
They all tell you that the most fundamental part of becoming wealthy is starting a business, and will even give you some good principles and guidelines - but that's where they stop. You'll have to figure out the remaining 99% of it yourself. So arguably the most crucial part, and you get the least help. And from the number of threads titled "How do I come up with a business idea? ... Would x work?" I get the feeling I'm not the only one who thinks this.
And that's fine. I wouldn't expect a book to tell me what business I should start - not least because it has no idea who I am or what the current economy is like.
But whenever I am trying to create something new, or gain a new skillset, I tend to enroll in a bootcamp of some sort. And I've been in a fair few - coding bootcamps, youtube bootcamps even dating bootcamps to name a few. And as with reading these books, one of the benefits you get from a bootcamp is a teacher to help guide you through the process. But by far the biggest benefit you get from bootcamps, which you don't get from books, is examples.
E.g. during my youtube bootcamp, there was a session on picking your niche: it was pretty generic advice that I'd heard before. But when I started talking to the rest of my cohort, some newbies like me, some with 1000 subs, some with 10,000 - seeing the different ones they picked, what their rationale was, what their different perspectives on it were - only then did things actually start to click
And that's what I think is missing with these books. I need to see examples - and I don't mean Elon Musk or Kylie Jenner. I need examples of people who are just like me, but maybe a few steps head. I know there are a few posts on these forums, but rarely are there any specifics. So I'm actually thinking of starting a youtube channel that documents and discusses examples of people who have read MF (or 4 hour, or Rich Dad etc..) and have actually executed on a viable side hustle.
So if anyone is still reading at this point. Would you be interested in that? Do you think it would be useful? The stories are out there, but they're often spread across multiple blogposts/podcasts/IG highlights. The value I provide is finding them, weaving them into a cohesive story and presenting them all in one place. Would love to hear your thoughts!
They all tell you that the most fundamental part of becoming wealthy is starting a business, and will even give you some good principles and guidelines - but that's where they stop. You'll have to figure out the remaining 99% of it yourself. So arguably the most crucial part, and you get the least help. And from the number of threads titled "How do I come up with a business idea? ... Would x work?" I get the feeling I'm not the only one who thinks this.
And that's fine. I wouldn't expect a book to tell me what business I should start - not least because it has no idea who I am or what the current economy is like.
But whenever I am trying to create something new, or gain a new skillset, I tend to enroll in a bootcamp of some sort. And I've been in a fair few - coding bootcamps, youtube bootcamps even dating bootcamps to name a few. And as with reading these books, one of the benefits you get from a bootcamp is a teacher to help guide you through the process. But by far the biggest benefit you get from bootcamps, which you don't get from books, is examples.
E.g. during my youtube bootcamp, there was a session on picking your niche: it was pretty generic advice that I'd heard before. But when I started talking to the rest of my cohort, some newbies like me, some with 1000 subs, some with 10,000 - seeing the different ones they picked, what their rationale was, what their different perspectives on it were - only then did things actually start to click
And that's what I think is missing with these books. I need to see examples - and I don't mean Elon Musk or Kylie Jenner. I need examples of people who are just like me, but maybe a few steps head. I know there are a few posts on these forums, but rarely are there any specifics. So I'm actually thinking of starting a youtube channel that documents and discusses examples of people who have read MF (or 4 hour, or Rich Dad etc..) and have actually executed on a viable side hustle.
So if anyone is still reading at this point. Would you be interested in that? Do you think it would be useful? The stories are out there, but they're often spread across multiple blogposts/podcasts/IG highlights. The value I provide is finding them, weaving them into a cohesive story and presenting them all in one place. Would love to hear your thoughts!
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