Charelle Reads

I Will Teach You To Be Rich by Ramit Sethi

I Will Teach You To Be Rich by Ramit Sethi - Book Review:Summary by Charelle


Would you like to be rich? If you are like most people then the answer will be YES. With that in mind I have been reading the most popular money focused, money-making and how to become a millionaire books and in this post, I will be sharing my thoughts on I Will Teach You To Be Rich: No guilt, no excuses – just a 6-week programme that works.

I can’t quite remember when I first came Ramit Sethi, but given that when you type into Google the words ‘ I want to be rich’ his website appears on the first page it isn’t surprising I came across him. His book I Will Teach You To Be Rich is a New York Times and Wall Street Journal bestseller so I definitely thought it was worth a read to see how good it really was.

I Will Teach You To Be Rich sets out to share with you a 6-Week Programme to get your finances in order.


 Week 1 – Optimize Your Credit Cards

Week 1 focuses on credit cards and Ramin states that “Credit is one of the most vital factors in getting rich”. The chapter explores credit source and credit report and provides some tips to help you improve your credit score. The purpose is to start acting today because “Rich people plan before they need to plan” and by working on improving your score now it will help you in the long run if you do need credit.


Week 2 – Beat The Banks

In Week 2 the focus is on your bank account. The advice is to not switch banks chasing great introductory rates, but instead to focus on a bank that charges no fee, has a reasonable interest rate and provides a good customer service. By the end of the week you should have a bank account and a savings account.


Week 3 – Get Ready To Invest

Week 3 is all about investing. The main focus is investing in your pension because if you aren’t investing in your pension and your company offers to match your contribution you are literally throwing free money away!

Ramit shares a great statistic in this chapter that “On average, millionaires invest 20% of their household income each year”. If you aren’t at that level yet, don’t panic! Most people are not investing 20% of their household income, but then again, most people aren’t a millionaire. I just thought that was a useful statistic to use as a benchmark.


Week 4 – Conscious Spending

Now when I saw the title of week 4 I was very intrigued. Ramit’s website focuses on making more money rather than reducing your spending. In fact, he is known for never encouraging to cut your coffee (he is totally against The Latte Factor).

The aim of week 4 is to create a “Conscious Spending Plan”. This is where you make sure that you are “saving and investing enough money each money” so you have the freedom to spend the rest of your money on whatever you like and feel totally guilt-free.

Ramit spends some considerable time comparing the frugal to the cheap and states that “The mind-set of frugal people is key to being rich”. So what is being frugal? According to Ramit, frugality “is about choosing the things you love enough to spend extravagantly on – and then cutting costs mercilessly on things you don’t love.”   


Week 5 – Save While Sleeping

By Week 5 you should have a solid plan of how your income is being spent, saved and invested. Now it is time to automate everything so you can spend more time enjoying your money and minimal time managing it.


Week 6 – Investing Is Only For Reach People

The final week, week 6, is all about investing. Between week 5 and week 6 there is a chapter in the book called ‘The Myth of Financial Expertise’. In this chapter, Ramit explains you don’t need an expert and you can invest money yourself. In fact, he says that “the vast majority of twentysomethings can earn more than the so-called “experts” by investing on their own”. That chapter is meant to be preparing you to believe you can invest as week 6 is all about understanding investing more.

Week 6 covers lots of financial topics: stocks, portfolio volatility, shares, bonds, diversification, tracker funds, lifestyle funds and much more. It is a great way to start learning a bit more about key financial terms and products. By the end you should discover what type of investor you are and be able to begin investing.


That’s it the 6 weeks are done, but the book hasn’t ended. There is some extra information on how to manage your system now that it is all set up. Additionally, there are some discusses on big money topics, such as student loans, paying for your wedding and buying a house.



Early in the book, Ramit writes “The single most important factor for getting rich is getting started”. This is a belief I strongly agree with and as a result I am doing most of the things the book tells you to do. However, if you are someone who really isn’t in control of your finances this is a great book. It covers virtually all of the day-to-day areas of finance that you need to handle and if you follow the book in 6 weeks you would be in a better financial situation. Would you be rich? Probably not, but at least you would be on the way.

Like what you have read? Leave a comment below?

Want to know more? Buy a copy of I Will Teach You To Be Rich for yourself.

Talk Like Ted by Carmine Gallo

Talk Like Ted - Carmine Gallo - Charelle Griffith Book Review

If there is one thing I believe that drastically excels your professional success it is public speaking. With that in mind, I decided that PropelHer’s Book Club would read Talk Like TED: The 9 Public Speaking Secrets of the World’s Top Minds by Carmine Gallo.


TED Talks are watched my millions are considered the leaders when it comes to presentations so a book that analyses the best of the best will surely help anyone improve their public speaking, right?

Carmine opens by stating that “Ideas are the currency of the twenty first century” but are ideas are only powerful if you are able to communicate them. That is why being a good communicator and a good public speaker is becoming increasingly important.

The 9 tips are broken down into three categories: Emotional, Novel and Memorable



“The first step to inspiring others is to make sure you are inspired yourself”.

Carmine is passionate that a speaker needs to find a “unique and meaningful connection” to their presentation topic. Whilst this makes sense in a TED context, I am sure there are lots of people who have to deliver speeches they aren’t particularly passionate about. In that situation, Carmine encourages you to try “dig deep” and that through exploration a connection can be found.

At numerous times the book suggests that “great communicators reach your head and touch your heart” and this can be achieved through storytelling, which is “the ultimate tool for persuasion”. Carmine argues that “Personal stories actually cause the brain of both the storyteller and the listener to sync up”. Lots of great communicators emphasise the importance of storytelling, but Carmine goes further by exploring the three types of stories you can use: personal stories, stories about other people and stories about brands and products.



Scientifically we are designed to enjoy learning new things. In fact, “Learning something new activates the same reward areas of the brand as do drugs and gambling”. So as a presenter you need to “reveal information that’s completely new to your audience” or if the information you are sharing is known then it is your responsibility to package it different or offer “fresh and novel way to solve an old problem”.


Another way to make your presentation novel is to add humour. Now as someone who doesn’t describe themselves as funny I really like that Carmine said “You don’t have to be funny to be humourous”. In fact, being humourous isn’t about telling jokes, which you are advised to avoid.


For most people you don’t just want listeners to engage in your presentation, but you want them to remember it when they leave. To make a talk more memorable you should look at being able to “touch more than one of the senses: sight, sound, touch, taste and smell”. A great way to be able to appeal to more senses is through a prop and one of the most memorable props is Bill Gates mosquito in Mosquitoes, malaria and education. 


Overall, I found Talk Like Ted really useful. With TED being the best of the best in terms of public speakers I was worried that it may seem a bit unrealistic for the average person, but Carmine gives really simple and actionable information. For example, introduce humour, aim for 190 words per minutes, appeal to as many senses as possible and keep words on powerpoint slides to a minimum. It doesn’t what stage you are at you can apply this information and because of that it is definitely a book I would recommend to anyone wanting to improve their public speaking.


I read Talk Like TED as part of PropelHer’s Book Club for Ambitious Women. Want to join a community of ambitious women who read excellent books to support personal development and professional success? Come join PropelHer’s Book Club.

Like what you read? Leave a comment below and why not buy a copy of Talk Like TEDfor yourself?

Key Person of Influence by Daniel Priestley

Book Review and Summary of Daniel Priestley's Key Person of Influence. Review by Charelle Griffith

I’m not quite sure about how I came across Daniel Priestley’s Key Person of Influence , but the title automatically interested me. Influence plays an important role in professional success, so I am always trying to learn more about how people increase their influence.

Daniel states that “Key People of Influence enjoy a special status in their chosen field because they are well-connected, well known, well regarded and highly valued” and that through the book a reader will learn “The Five-Step Method to become one of the most highly valued and highly paid people in your industry”. Not only will you become a Key Person of Influence, but if you follow his system you can “become a Key Person of Influence within your industry in the next twelve months”. Now who doesn’t love a promise like that?

Influence is a hot topic. As a marketer I have seen how the role of influencers has increased drastically in marketing campaigns. People buy from people and brands and business want to do business who those who influence others. Influence is modern day currency and Daniel argues that “your most valuable asset is the number of people who know you, like you and trust you”.

Before you can become a Key Person of Influence “You have to pick something that you are going to become known for and you need to start promoting it and turning money away anything that isn’t quite right”. Basically, you need to choose your niche and Daniel actually encourages you to choose a micro-niche. He states that “From a tiny micro-niche big things can grow, but it almost never happens that a business sets out to please everyone and actually achieve it”. So once you know the micro-niche you want to become a Key Person of Influence in the real work starts.

The Five-Step Method is:

  1. Pitch
  2. Publish
  3. Product
  4. Profile
  5. Partnership

PITCH is about being able to communicate your message. PUBLISH is about writing a book. PRODUCT is about having products that people can buy and creating a product eco system. PROFILE is about making sure you have a great online presence. PARTNERSHIP is about working with others to expand your reach and raise your profile.

On the whole, I agree with the five-step method. However, when it came to the topic of writing a book Daniel’s attitude made me angry. Daniel believes that anyone who wants to be a Key Person of Influence should write a book. He suggests that you “choose a title that reinforces you are a Key Person of Influence. It should be a brand enhancing and you should feel proud to tell people that you are the author of that book”. He is treating the book as the new business card and it is all about how being an author changes people’s perception of you.

Daniel argues that “it is not vital that your book is a massive seller, it is more important that you are an author”. As an avid reader who believes in the power of books, I despise this attitude. I believe should Books should be written to improve the lives of others. They are a way of sharing your knowledge with the world and you should write it with the intention of selling lots of copies and benefitting lots of people.

Overall, Key Person of Influence was an easy read with a clear structure that you can follow. The principles make sense and I am sure someone who follows them will see their influencing power increase. Would you be a Key Person of Influence in a year? Well, I would like to meet someone who has done it.



Unfinished Business by Anne-Marie Slaughter (Book Review)

Unfinished Business - Anne Marie Slaughter - Charelle Reads

Anne-Marie Slaughter wrote Unfinished Business: Women Men Work Family after publishing her article “Why Women Still Can’t Have It All”. When Anne-Marie was approached by Secretary Clinton to be the first woman director of policy planning at the State Department it was as she described “a foreign policy dream job”. However, after two years working away from her family, Anne-Marie really began to question women, work and family and whether “having it all” was possible. After posting the “Why Women Still Can’t Have It All” article on The Atlantic Anne-Marie was inundated with comments, which led her to write Unfinished Business: Women Men Work Family.

Women had often asked Anne-Marie “How do you balance work and family?” Often, she didn’t respond with the whole truth because it was complicated. However, she outlines three mantras that she believes people are following, which are only a half-truth answer.

“You can have it all if you are just committed enough to your career” 

“You can have it all if you marry the right person”

“You can have it all if you sequence it right”

Unfinished Business isn’t the first book on women in the workplace and Anne-Marie highlights the popular choice in the genre “Lean In”. She states that  “For young women, what is most attractive about the “lean in” message is that it tells them that the fate of their careers and families is within their control… The problem, though, is that it’s often just not true”. Anne-Marie makes that comments because she believes that a woman doesn’t have power over everything. Whilst we would like to think we can control everything, in actual fact many things are outside of our control.

When it comes to the discussion around women in the workplace the topic of work life balance often pops up and Unfinished Business is no exception. Although Anne-Marie admits to using the words “juggling” and “balance” she prefers “the idea of striving toward a good “work/life” fit.” This is about finding a job that fits the life you want to lead and ultimately as life is unpredictable a job needs to be flexible.

Unfinished Business explores the idea of “care and competition” and how has a society we don’t value the role of care enough. This is shown through payment and status. An interesting perspective Anne-Marie brings to the debate is that care isn’t just about looking after children, but with an ageing population, the likelihood is increasingly more people will need to look after their parents.

Anne-Marie believes that to succeed you need to approach your career in phases and “don’t drop out. Defer”. This theory is based on planning “for leaning back and as well as leaning in”. Now obviously, you can’t control anything, but if you really want to have a career and family then at least imagine how you will fit the two alongside each other from the beginning is key.

Overall, I really enjoyed Unfinished Business. I love Anne-Marie’s frank take on the realities women face being carers and workers, as well as conversations about men and the role they plan. The world of work isn’t really ready for those who are carers and workers, which is why we see so many Mothers leaving work to set up their own business.

I read Unfinished Business: Women Men Work Family as part of PropelHer’s Book Club for Ambitious Women. Want to join a community of ambitious women who read excellent books to support personal development and professional success? Come join PropelHer’s Book Club.

Like what you read? Leave a comment below and why not buy a copy of Unfinished Business for yourself?

The Science of Getting Rich by Wallace D. Wattles

The Science of Getting Rich by Wallace D Wattles. Review by Charelle

When it comes to the topic of making money, becoming rich and creating wealth, The Science of Getting Rich by Wallace D. Wattles is one of the oldest still regularly read. Originally written in 1910, The Science of Getting Rich has inspired lots of other money books including Rhonda Byrne’s The Secret.



The central theme of the book is that “getting rich is the result of doing things in a Certain Way”. A big part of this involves THOUGHT.


“THOUGHT is the only power which can produce tangible riches from the Formless Substance”


Like a lot of other Law of Attraction books, Wallace talks about the need the power of visualisation – “You must form a clear and definite mental picture of what you want; you cannot transmit an idea unless you have it yourself”. Wallace repeatedly talks about the power of clearly being able to visualise the money you want. He emphasises only focused on the rich and allowing no images of poverty or failure to enter your mind.



Wallace doesn’t believe that money follows talent. He states that “many people who have great talent remain poor, while other who have very little talent get rich”. Talent alone will not make your rich. You need to use your talents in the right way and follow the science of riches. However, Wallace does admit that “It will be EASIER for you to succeed in a vocation for which you already have the talents in a well-developed state; but you CAN succeed in any vocation”.



Repeatedly Wallace writes about riches being open to everyone. Firstly, there is an emphasis on the fact the being poor now doesn’t mean you can’t achieve riches in the future – “No matter how poor you may be, if you begin to do things in the Certain Way you will begin to get rich”. That is because Wallace doesn’t believe in needing money initially to make more money. In fact, he states that “No one is prevented from getting rich by lack of capital”.

Not only is riches open to anyone regardless of their financial background, but it is also open to you regardless of your industry. Wallace states that “You can get rich in ANY business”. This statement really stood out for me. In society there are such strong stories around industries that make money (finance, tech and legal) and those that don’t (arts and culture). However, within every industry there are some who are rich and some who are poor.



Action is another key theme within the book. Action is what makes you rich –

“If you do a sufficient number of efficient acts, you will become rich”. In addition to efficient act, there is an emphasis on acting now.


“Act now. There is never any time but now, and there never will be any time but now”


What I personally found interesting was Wallace’s emphasis on why “There is nothing wrong in wanting to get rich”. This is something that comes up frequently in books about women and money, but it was interesting to hear it being stated by a male author. Wallace follows on to say that wanting to become rich is “great or noble” and “ The desire for riches is really the desire for a richer, fuller, and more abundant life”. I believe that part of the reason Wallace believes there should be no shame in wanting to be rich, is because you make the world richer and that is the best thing you can do.


“The very best thing you can do for the whole world is to make the most of yourself”

Overall, Wallace believes that “There is a science of getting rich, and it is an exact science”. However, I’m not entirely convinced that The Science of Getting Rich reveals a scientific process to follow. Regardless, there are lots of value in the book and it was definitely worth the read.

Like what you have read? Leave a comment below? 

Want to know more? Buy a copy of The Science of Getting Rich for yourself

Start With Why by Simon Sinek (Book Review)

Start With Why Book Review by Charelle Griffith

Simon Sinek’s TED Talk, How Great Leaders Inspire Action, has received over 30 million views on the TED Talk website. Leadership is a topic I am very curious about and after watching the talk I decided that Simon Sinek’s book, Start With Why: How Great Leaders Inspire Everyone To Take Action,
would be a great book for myself and the PropelHer community.

Simon believes that “There are only two ways to influence human behaviour: you can manipulate it or inspire it”. The fact is that not everyone in a position of authority is a leader. Some people will manipulate people, which only works for short amounts of time. A true leader is “able to create a following of people who act not because they are swayed, but because they are inspired”. And how does one inspire people? Through ensuring their WHY is at the centre of the communication.

The central concept of the book is The Golden Circle. The Golden Circle starts with WHY in the middle, then the next layer is HOW and then the final layer is WHAT. The belief is that The Golden Circle provides compelling evidence of how much more we can achieve if we remind ourselves to start everything we do by first asking why”. Simon absolutely believes that for any leader, and business, to be successful they need to know there why and it needs to be at the centre of everything they do and say.

This is true to inspiring people at multiple levels. From a sales point of view, Simon states that “People don’t buy WHAT you do, they buy WHY you do it.”. From an employer perspective “Companies with a strong sense of WHY are able to inspire their employees”.

A part of the reason why having a WHY is so important is it allows others to feel like they belong and “Our need to belong is not rational, but it is a constant that exists across all people in all cultures”.

Apple is spoken about numerous times in the book. Steve Jobs was an inspiring leader with a clear WHY, which resulted in customers and employees buying into his vision. Part of the reason why products with a clear WHY are successful is because they “give people a way to tell the outside world who they are and what they believe”. Products with a WHY become a symbol and buy using that product a consumer is making a statement about themselves. Steve Jobs would be described as a WHY-type. However, a business can’t be formed with just a WHY-person. For a WHY-person to be successful they will need to find a HOW-person. Someone who will help turn the vision into a reality.

A chapter I really enjoyed was How the tipping point tips. This explored the Law of Diffusion, which is a popular law used by marketers. By following that law, you aim to penetrate 15-18% of the market. However, Simon believes that “If you have the discipline to focus on the early adopters, the majority will come along eventually”.

Overall, I enjoyed Start With Why. The Golden Circle wasn’t a concept I had come across before and I can see the benefits of how knowing your WHY is useful in both life and business. I definitely believe there is value in reading the book, over the TED Talk. However, some examples are drawn out a little out.

I read Start With Why as part of PropelHer’s Book Club for Ambitious Women. Want to join a community of ambitious women who read excellent books to support personal development and professional success? Come join PropelHer’s Book Club.

Like what you read? Leave a comment below and why not buy a copy of Start With Why: How Great Leaders Inspire Everyone To Take Action
for yourself?

Secrets of Six-Figure Women by Barbara Stanny

Secrets of Six Figure Women by Barbara Stanley. Review by Charelle Griffith

For 2017, I decided to mix reading books for PropelHer’s Book Club with money-focused books. I wanted to demystify the good ones from the not-so-good ones. In the world of coaching the idea of being a six-figure woman is discussed often, so I thought I would give Secrets of Six-Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life a read.

Secrets of Six-Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life is a result of Barbara Stanny interviewing over 150 women who earn in excess of $100,000. Barbara expected as many would, to find lots of “investment bankers, financial advisers, doctors, and lawyers who were making big money” but she was amazed to find women with varying levels of educations, working in all industries were able to reach six figures. As a result, Barbara truly believes that reaching six-figures isn’t an exclusive club and that woman can achieve that if you know and follow the rules.

After all of the interviews, Barbara identifies eight secrets to her interviewee’s wealth.

  1. Financial success is possible in almost any field, and lack of education doesn’t have to hold you back
  2. Working hard doesn’t mean working all the time
  3. Focus on fulfilling your values rather than financial gain
  4. Loving what you do is much more important than what you do
  5. Feel the fear. Have the doubts. Go for it anyway.
  6. Think in terms of trade-offs, not sacrifices, to find a workable equilibrium
  7. Sometimes you just have to shrug it off and have a good laugh
  8. Appreciate abundance

Barbara didn’t just interview wealthy women. In fact, to be able to really understand how women can achieve wealth she also interviewed underearners. From those discussions, she found nine traits that underearners possess including: underestimating their worth, being lousy negotiators and believing in the nobility of poverty.

Barbara outlines 7 strategies for breaking the six-figure barrier:

  • The Declaration of Intention
  • Letting Go of the Ledge
  • Get into the Game
  • Speak Up
  • The Stretch
  • Seek Support
  • Obey the Rules of Money


Overall, I thoroughly enjoyed reading Secrets of Six-Figure Women by Barbara Stanny. Whilst this isn’t practically telling you how to make money, it provides a good overview of the characteristics and traits of six-figure women. For those who have consistently been an underearner, it is also a great book to expose that mindset and help you shift for the future.

Like what you read? Leave a comment below.

Want to know more? Buy a copy of Secrets of Six-Figure Women for yourself.



The Automatic Millionaire by David Bach

Charelle Griffith holding a Book - The Automatic Millionaire by David Bach

For 2017, I decided to mix reading books for PropelHer’s Book Club with money-focused books. I wanted to demystify the good ones from the not-so-good ones, which led to me reading The Automatic Millionaire.

The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich by David Bach comes highly recommended (#1 New York Times, Business Week, Wall Street Journal and USA Today Bestseller, as well as having sold over 1.5 million copies). Having read the book I would say it sold so many because we live in a world where people want a get rich quick scheme and automatic makes it sound like you can make money easy.

David is very honest from the outset stating that The Automatic Millionaire is “the tortoise’s approach to wealth, not the hare’s”. Slow and steady wins the race, but it is important that you make the process automatic – “if your financial plan is not automatic, you will fail”.

He states that “regardless of the size of your paycheck, you probably already make enough money to become rich”. This is because David believes that “becoming rich requires nothing more than committing and sticking to a systematic savings and investment plan”.

The whole book is based around the idea of automation. However, there are a few other strands including compound interest – “The miracle of compound interest is the Automatic Millionaire’s power tool for wealth”.

In line with many money-making books, The Automatic Millionaire tells you that you should ‘PAY YOURSELF FIRST. David encourages you to set up a pretax retirement fund and automatically transfer 10% of your wages into it.

Another key strand is HOME OWNERSHIP. David believes you should “buy a home and pay it off automatically”. He makes it very clear that “you can’t get rich renting”. However, it isn’t just about having a mortgage, but how to pay that mortgage off as quickly as possible. He suggests halving your monthly mortgage and paying that figure bi-weekly. This results in you paying your mortgage off earlier, as you end up paying the equivalent of 13 monthly payments a year.

Overall, I was disappointed by The Automatic Millionaire.

It didn’t bring anything new to my knowledge of financial planning. However, I have been a big fan of automating your financial process for years now. Chapter 9 has a useful blueprint, which to be honest you could read and get the gist (and self yourself a few hours). Also, after reading The Millionaire Fastlane (read my review here) the idea of waiting until I was ‘old’ to be rich just didn’t sit well.


Like what you read? Leave a comment below.

Want to know more? Buy a copy of The Automatic Millionaire for yourself.



The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone

The 10X Rule by Grant Cardone - Charelle Griffith Reads

I spend a lot of my time reading about success, so when I came across The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone I immediately added the book to my to-read pile. It is quite a confident statement to say that a rule is the ONLY difference between success and failure, but Grant is definitely a confident man and the title sets the tone for the whole book.

Grant describes The 10x Rule as “the Holy Grail for those who desire success” and that it “is a discipline”. At the core, The 10X rule is that “You must set targets that are 10 times what you think you want and then do 10 times what you think it will take to accomplish those targets”.

His logic for setting goals that are bigger is logical. He says “Any goal you set is going to be difficult to achieve, and you will inevitably be disappointed at some point along the way. So why not set goals much higher than deem worthy from the beginning?” It is a classic example of “Shoot for the stars. Even if you miss you will land amongst the stars!” However, to do 10 times more what you think, on a goal you already made 10 times bigger, sounds a little excessive. Again, I can see the logic. He states you should “Assume that every project you attempt will take more time, money, energy, effort and people than you can imagine”. People often underestimate how much resources are really needed to complete a goal. Even when it comes to writing a blog post I always underestimate how long it will actually take.

Success, to Grant, is a duty. He says that “Treating success as an option is one of the major reasons why more people don’t create it for themselves – and why most people don’t even get close to living to their full potential”. When you see success an option then you don’t commit fully and you let yourself off if you don’t achieve the level of success you would like. This isn’t how successful people operate. They see “success as a duty, obligation, and responsibility”.

The book explores four types of action you can take:

  • Do nothing
  • Retreat
  • Take normal levels of action
  • Take massive action

Normally, you would assume that people each level requires more work and that is why some choose to do nothing. In fact, Grant believes that “Regardless of which degree of action you operate in, they all require work in their own ways”. If it takes work to do nothing, then you might as well do something, right?

When it comes to goal setting, the advice is “to make your goals substantial enough that they keep your attentionand he means SUBSTANTIAL. In the Chapter ‘Competition is for Sissies’ Grant “You always want to be in a position to dominate – not compete”. He feels very strongly about generally ignore the competition, being a forward thinker, breaking the norm and setting out to dominate the field.

As you can imagine a book about achieving great success has to discuss fear and this book is no exception. Grant states that “Fear is actually a sign that you are doing what’s needed to move in the right direction”. This was a new take on fear for me, but when you consider it there is value. Often, fear happens when we are pushing ourselves outside of our comfort zone. That is how we grow and move forward so we should push past that fear. Grant also suggests that you should “Starve the fear of its favourite food by removing time from its menu”. Time only makes a fear grow, so act now!

Overall, I loved this book. I can imagine that some would find Grant a bit intense. His business is in sales and he states that his mission is to “introduce the entire planet to Grant Cardone”. I am mean that is a BIG ambition.

This book isn’t for the faint-hearted. Grant has high standards, claims that “The 10X Rule is meant for the few people obsessed with creating an exceptional life” and I would agree. If you want to achieve masses of success, be a thought-leader or a game changer then read this book. If you want an average level of success then leave this book alone.


I read The 10X Rule as part of PropelHer’s Book Club for Ambitious Women. Want to join a community of ambitious women who read excellent books to support personal development and professional success? Come join PropelHer’s Book Club.

Like what you read? Leave a comment below and why not buy a copy of The 10X Rule for yourself?


The Millionaire Fastlane by MJ DeMarco

The Millionaire Fastlance by MJ DeMarco

Wouldn’t it be nice to be a millionaire? Well I thought so and as a result, I decided to start reading some of the most recommended money making books, which included The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime! by M.J. DeMarco.

DeMarco claims that “The Millionaire Fastlane is a complete psychological and mathematical formula that cracks the code to wealth and unlocks the gateway to the shortcut”.

So often people perceive wealth as an event. People pay attention to when a company floats on the stock market or it is bought out by a competitor for millions. Although it may seem like these people achieved wealth overnight, DeMarco emphasises that “Wealth is a process, not an event”. We are just seeing a moment in a longer journey. So how do you create considerable wealth?

The Millionaire Fastlane formula is based on four aspects: the roadmap, the vehicle, the roads and the speed. And then there are three roads: The Sidewalk, The Slowlane and The Fastlane.

The first road, The Sidewalk, “is the road most travelled because it’s the path of least resistance”, but it does not lead to freedom or wealth.

The second road is The Slowlane, which is described as “a sacrifice of today in the hopes of a brighter and freer tomorrow”.  The Slowlane is based around the ideas of work hard, spend less than you earn, continually save, invest in your pension and you will retire rich. DeMarco believes that this lifestyle isn’t acceptable and feels that “five days of servitude for two days of freedom is not a good trade”.

The third, and final road, is The Fastlane. In order to live in the Fastlane you have to say goodbye to the job and this is because in order “To attract large sums of money, you need two things: 1) Control and 2) Leverage”. When it comes to creating wealth people are commonly told that you need to pay yourself first. However, DeMarco states that “To pay yourself first, you must own yourself”. You can’t be paying yourself if you are an employee, because the government gets paid first. This isn’t a new concept. Lots of people will tell you that starting a business is the way to make more money, but not all businesses are created equal.

DeMarco details the five Fastlane business systems and explores how suitable they are for creating money in the Fastlane. The Fastlane has specific objectives – “It’s engineered to create a passive income stream to the excess of your expenses and lifestyle desires, and to make financial freedom a reality, exclusive of age”.

One of key ways to assess whether a business will take you down the Fastlane is to a look at the scale because “Scale creates millionaires. Magnitude creates millionaires. Scale and magnitude creates billionaires”. In fact, DeMarco believes that “The amount of money you have (or don’t have) is a direct reflection on the amount of value you have provided (or not provided)”.

Another concept DeMarco emphasis is the use of your time. He states that “Time is the greatest asset you own, not money”. Rich people know that time is their most precious asset and ensure they treat it preciously.

According to the book, there are Five Fastlane Commandments: Need, Entry, Control, Scale and Time. This provides another framework for you to be able to judge whether a business is really going to help you achieve Fastlane wealth.

At the end the idea of action is discussed “Success is never about the idea, but about the execution”. The book has clearly given you the tools to be able to understand how to create Fastlane wealth, but if you don’t take action and execute your ideas you will be poor forever.

So often people say that someone got lucky. Maybe that’s true, but I absolutely agree with DeMarco’s view on luck – “Luck is created by increased probabilities that are improved with the process of action“.

Overall, I really enjoyed The Millionaire Fastlane. This is a book about how to become rich, whilst you are still young to enjoy it. DeMarco doesn’t just say start a business, but actually, gives you a framework to be able to choose a business that will generate wealth. I would definitely recommend it anyone wanting to make more money and wanting to find a difference viewpoint, with clear frameworks for making decisions.

Like what you read? Leave a comment below and why not buy a copy of The Millionaire Fastlane for yourself?