7 Books You Must Read To Get Rich This Year

We have completed half of this year and it seems to be a successful year thus far. To help you keep this prosperity going we’ve shortlisted seven books from the world of finance. In fact a recent study revealed that 88% of rich people spend at least thirty minutes everyday reading to improve their knowledge! We hope our list of classics and new releases will help you stay on top of your finances this year!

  • Think and Grow Rich by Napoleon Hill

An old but classic personal finance and self-improvement book that the wealthy swears by! Though written in the Great Depression era, this book still holds true today. This book is a condensed version of what the author learnt interviewing the wealthy on how they became rich and successful. Think and Grow Rich gives anybody looking to financially and personally improve themselves concise principles with examples and short stories that makes for an impactful read.

  • The Little Book of Common Sense Investing:The Only Way to Guarantee Your Fair Share of Stock by John C. Bogle

This book teaches you everything you need to know about investing in stocks and its winning investment strategies. In Warren Buffet’s words, “There are a few investment managers, of course, who are very good – though in the short run, it’s difficult to determine whether a great record is due to luck or talent. Most advisers, however, are far better at generating high fees than they are at generating high returns. In truth, their core competence is salesmanship. Rather than listen to their siren songs, investors – large and small – should instead read Jack Bogle’s The Little Book of Common Sense Investing.” Need we say more?

  • Rich Dad Poor Dad by Robert Kiyosaki

This bestselling personal finance book will challenge everything you’ve learnt about money so far. In a nutshell, Kiyosaki, a successful businessman himself talks about the differences in attitudes towards work and life between the rich and the poor. This book is an absolute must-read for anyone looking to invest and succeeding in life.

  • The Elements of Investing: Easy Lesson for Every Investor by Burton Malkiel and Charles D. Ellis

Two of the world’s best financial thinkers, Malkiel and Ellis, come together to tell everything you need to know about different markets and investment under different economic conditions. This is a practical guide of all the investment rules with clear instructions on how to follow them to ‘win’ at investments right till retirement.

  • The Total Money Makeover by Dave Ramsey

Finance coach, Dave Ramsey’s book is a must-have for DIY investors. Ramsey debunks popular financial myths while offering straightforward advice. This book gives you all the financial wisdom you need in a concise and compelling manner.

  • I Will Teach You to Be Rich by Ramit Sethi

This book is a six-week financial program to financial independence is specially designed for 25-35 year old. I Will Teach You to Be Rich focuses on the concepts of banking, saving, budgeting and investing for young investors. Here is a financial writer whose writing is smart, quick witted and to the point without any unnecessary marketing gimmicks.

  • The Richest Man in Babylon by George S. Clason

This short book makes for a refreshing read for anybody wanting to learn about the world of finance but find it daunting. George Clason imparts financial wisdom through parables as narrated by the protagonist, Arkad, who is the richest man in Babylon. Though the book was first published in 1926, the wealth of information in it is timeless.

And that’s a wrap! We hope that this list of finance books will get you through 2017 on a positive note. We would love to know which book you plan to start with in the comments section below!

Next, Read Financial Lessons Every Indian Kid Learns From Their Dads here. These words of wisdom are not always present in books but can do wonders.

3 Simple Tips To Convert Your Small Business Website's Traffic Into Customers

3 Simple Tips To Convert Your Small Business Website’s Traffic Into Customers

Having a website for your business, no matter how small or big is crucial for every business’s credibility, but often gets ignored. So you’ve finally had one built! But how can you use this to grow your business? Your website’s success depends on the traffic it gets and increasing your website traffic is a time-consuming and expensive task. Can you ensure that the traffic to your website converts into customers? Here are three tactics to do just that!Read More »

The Sports Legend Who Turned Every Failure Into Success

MichaelJordan

#KredXMondayMotivation

Who is the first person you think of when we say NBA? Michael Jordan of course! Basketball fans everywhere look up to this man. But do you think he had it easy? People probably think Michael Jordan learned to dribble and shoot like a pro when he was a kid. As talented as Jordan may have been growing up, he wasn’t considered the best. In fact, Jordan was told not to play basketball as the coaches couldn’t look past his height which didn’t even reach minimum height requirement. If this was the situation, how did he make it so far? How did he become the legend that he is today? This is the story of the greatest basketball player the world has probably ever seen.Read More »

A Look Back At Some Of The Biggest Economic Events Of 2016 And Early 2017

We wanted to give our readers something informative yet different and thought what better way for that than with a quick recap of the major events from 2016 to early 2017 from across the globe, India and us at KredX. 2016 has been quite a rollercoaster ride for the world and us in India. From terrifying events to groundbreaking changes and new opportunities, it certainly was a mixed bag of emotions. Let’s take a look back at some of the most impactful stories from the last year and early 2017 (in no particular order).

Read More »

How To Increase The Customer Experience Of Your B2B Business

How To Increase The Customer Experience Of Your B2B Startup

Is customer experience management important for a business to business (B2B) organisation? Yes! B2B companies recognise customer experience as a crucial component for growth and differentiation. However, fewer than 25% of them excel at it but certain companies are leaders with this and achieve higher than average revenue growth. How do these companies do it? Let us see how B2B organisations can drive revenue growth through customer experience excellence.Read More »

Mathematics, Schizophrenia And A Nobel Prize: The Story Of John Nash

John Nash, The Schizophrenic Genius Who Won A Nobel Prize

#KredXMondayMotivation

In the year 2015, history silently celebrated as a schizophrenic man received the prestigious Abel Prize, one of the highest awards in the field of mathematics. This man, a Ph.D. degree holder, had also been previously awarded the Nobel Prize in economics in 1994. In fact, the 2001 movie, A Beautiful Mind, was based on the life of this math genius. This is the story of John Nash. Read More »

Why Having A Credit Control Is Vital To Every Small Business

Why Having Effective Credit Control Is Vital To Every Small Business

Every small business owner would be familiar with the panic associated with customers paying late. It wreaks havoc with your business operations, regular payments to employees and other operational charges. In fact, it has been seen that over 55% of the total value of B2B invoices in India were reported to be paid late according to a 2016 report by Atradius. This causes problems for the business and in turn, the other businesses it works with, thereby causing a negative cascading effect. To counter this, most businesses have in place a process called credit control. In simple words, it is a practice followed by businesses to ensure that customers don’t take too long to pay you by following up through emails or calls.Read More »

Zilch To Zara: The Story Of The Reclusive Genius Behind Zara

 

The reclusive genius behind Zara

 

#KredXMondayMotivation

When the Forbes 2017 Billionaires List came out earlier this year, it was obvious who the richest man would be. Bill Gates and Warren Buffett are household names but one of the men contending them for the top spot on the global billionaires’ list might not have caught your attention. He is a self-made Spanish retail business tycoon, the richest man in Europe and the reclusive genius behind the fashion brand, Zara. We’re talking about Amancio Ortega.Read More »