Read These Five Books That Made Me a Millionaire Before 30

I’ve made millions of dollars online — but I didn’t do it alone. In fact, no one can do it alone. When you’re just starting out on any business venture, it helps to have mentors to guide you. People who have tried, failed, and forged through for success. It’s not always possible to have a mentor, however, which is why it’s great when someone distills their experience — or the experiences of other people — into a book. For years, I’ve read at least a book a week, including these five books that made me a millionaire. It puts me inside the mind of experts and advanced thinkers, exposing me to new ideas and ways of thinking. 

As an entrepreneur, books are one of the best investments you can make in yourself. They’re inexpensive and are often packed with knowledge and actionable advice you can use to learn, grow, and improve yourself. In this post, I’m going to talk about five books that made me a millionaire before I turned 30. I may have read them when I was young, but they can help people of any age become more successful. 

If I could have five books, forever, without any others, these would be the five. You may not have heard of some, but I promise you they will absolutely change your life.

1. Atlas Shrugged 

Screen grab of Peter Pru talking about Atlas Shrugged

This novel took me six months to get through. I first read it on my honeymoon in Greece and could not put it down. It was that gripping and effective. 

People have made movies based on this book. They’re all terrible. Stick with the original work if you want to absorb the key concepts and messages in its pages. 

The main concept you should take away from this book is to shift your mindset in life from being a consumer to being a producer. Most people drift through life endlessly consuming things: TV, food, clothing, or cars. The producers in this world are the ones that make all the money. 

This is something of a controversial book, but those are the ones most worth reading. Find this one today. It will take some time to work your way through it, but it will change the way you think about life. 

2. Breakthrough Advertising

This is the “Bible” of everything you need to know about advertising, sales, marketing, and persuasion. That’s a market flooded with resources and books on these topics, but this is the top one. Today you’ve got so many people telling you how to make money online. If you ask most of them, they’ll say this is on their bookshelf. 

It’s hard to find. I used to flip them for $300 a copy, dropshipping them from the direct supplier. That’s how in-demand it is. 

This is a masterclass in so many topics related to effective advertising, like writing copy. When I go through my copy of this book, every page has highlighted text on it. It’s dripping with value. 

A word of warning: it’s not a book you go through and read 20 pages at a time. You’ll find it better to read one page, let the concepts marinate in your head, and then go to another page the next day. 

3. No B.S. Wealth Attraction

Man reading an ebook on a tablet at home

The author of this book, Dan Kennedy, is someone I consider a mentor. He’s a legend in terms of not just marketing and advertising but also mindset and money. 

This is my favorite book of his many great ones. It will help you shift your “lack of abundance” mindset when it comes to wealth and money. Kennedy’s words show that creating wealth is about much more than action, though that’s a huge part of it. It also greatly depends on how you think about money and your ability to create wealth. 

Kennedy also offers a six-hour video crash course on YouTube. I highly recommend checking that out, as well. 

4. The 48 Laws of Power

Screen grab of Peter Pru discussing the 48 Laws of Power

Robert Greene, the book’s author, has some other phenomenal work about social dynamics. This is a tough book to get through, as each chapter contains a different lesson packed with dense details. It contains stories from throughout history meant to demonstrate Greene’s specific point in each chapter and is dry at times. 

So how can you make it through this book, which can sometimes feel like a history or social studies textbook from high school? 

My recommendation is to get the audiobook to follow along with the book as you’re reading it. It teaches a lot of valuable best practices in how to succeed in today’s world. 

Plus, listening to the audiobook helps the stories resonate more as you experience them in another format. The lessons are well worth experiencing, so do whatever you can to get your hands on and read this book. (If you love audiobooks, that’s a great way to get through any of these five books that made me a millionaire.)

5. The 12 Month Millionaire

This one is a big book that is also controversial. Written by Vincent James, it has valuable lessons on every page. 

Why is it controversial? It’s because the author went to jail. But that doesn’t mean you should discount his experience and knowledge. In this book, he documented exactly how he made $100 million. He outlines the steps he took to build wealth quickly. 

I’d say those are lessons worth learning, no? 

It’s hard to get your hands on a copy of this one. You may have to find a PDF copy on eBay. There’s a good reason why it’s so in demand, though. It provides you with a blueprint for how to make $100 million.

That’s not to say it will be easy for you after reading this, but it at least gives you the informational infrastructure you can use to succeed.

I can’t recommend these five books that made me a millionaire highly enough. Reading them in and of itself won’t make you wealthy — you still need to take action. But they’ll give you plenty of useful life lessons and best practices you can then leverage into creating your own empire.  

If you’re looking for more valuable insight into how to make money online, subscribe to my YouTube channel for more tips. Also, sign up for this exclusive free webinar on the simple eCommerce funnel I used to create a full-time income online.  Tagged : / / / /

Dropshipping vs. Drop Servicing: Which Online Business Is More Profitable?

Welcome back, Empire Builders! Today, we’re going to talk about a question I hear a lot. What’s better, dropshipping or drop servicing? Which will make you more money online? They’re pretty similar, so we’re going to go over what each one is and then get into which online business model is more profitable. So let’s jump right in!

What Is Dropshipping?

Dropshipping is a business model where you find a product to sell and use a supplier who will ship them directly to your customers. Instead of having a ton of products that you have to pay for upfront, store yourself, package, and ship to buyers, you just make sales. The supplier takes care of the rest. This is a great business model because you don’t have to put up the initial investment in the hopes that the products sell.

What Is Drop Servicing?

Screen grab of Peter Pru discussing the downsides of drop servicing

Drop servicing is a similar concept. But instead of selling physical products, you sell services. Basically, you find buyers who want a service—like writing, editing, or graphic design—then you take the job and collect the money, but you pay someone else to do the work. Really, you’re a middle-man between the client and service provider.  

The Pros and Cons of Each

Each of these business models can bring in good money if done correctly. They both have their strengths and weaknesses, though. Let’s go over the pros and cons of each one. That will really illustrate the difference and understand which one is going to get you the most money.

Pros of Dropshipping

You can make a lot of money without a lot of time, effort, or a large initial investment. In fact, you don’t have to worry about inventory or shipping at all. You just bring in the buyers, make the sales, and the rest is completely done for you. One of the great things about dropshipping is how much of it can be automated. You might get some customer service emails. But many of them are very similar, and you can use templates to reply.

Cons of Dropshipping

It’s not a get-rich-quick scheme. You do have to put in the work, just not as much as starting many other businesses. You have to find your niche, build a funnel, and advertise to drive leads to your funnel, which requires some time and money to set up.

Pros of Drop Servicing

It can be excellent money. Depending on the service you’re providing and the quality of the work, you could get upwards of a couple of grand a month from each client you work with. If you have a network of people who know you or a good reputation in the industry, that could mean steady clients and real money.  

Cons of Drop Servicing

Frustrated drop servicing business owner handling clients

One of the biggest drawbacks is that you’ll have to deal with the clients. When it comes to services, people expect a certain outcome. When you deliver the work, it often won’t be exactly what they wanted or expected. It’s very common for them to request changes, and you have to arrange them. You end up spending a lot of time on emails back and forth between you and the client, as well as you and the service provider.

Another issue is that you often don’t want the clients to know that you aren’t doing the work yourself, especially if it’s your reputation that brings them in. The last thing you want is for clients to come to you because of your reputation for doing quality work, only to find out that you aren’t the one doing it. That could destroy your business and your reputation, so it’s risky.

Another thing to consider is that you have to be good at advertising your services and getting sales. Bringing in steady clients and high-paying work is the hardest part. If you don’t have an existing foothold in your field, that could be difficult. If you aren’t providing something that the person or people doing the actual work can’t do for themselves, then why wouldn’t they just start their own business and make more money, right?

Another thing to keep in mind is that you have to be able to guarantee the quality of the work. Especially if you’re charging a couple of grand a month, the quality of the work has to be worth it. You can sell lower-ticket services, but then the profit is also going to be less. So, there’s a real balancing act that you have to be careful with here.

Why Dropshipping Is More Profitable

Screen grab of Peter Pru discussing the positives of dropshipping

Dropshipping is much easier to set up, it doesn’t require a specialized skill, and much more of it is easy to automate. Dropshipping suppliers buy huge quantities in bulk for a crazy discount which means you get a great deal. It’s even better if the supplier does their own manufacturing. It’s a great way to earn passive income that works well in the long term and doesn’t take a lot of time or money to start.

Drop servicing is harder to automate, so it takes a lot more time. You have to keep the client and provider separate, so the client doesn’t find out you aren’t doing the work, the provider doesn’t find out how much you’re making, and they don’t cut you out. The profit margin isn’t as good, it isn’t as passive, and it takes a bigger time investment to do properly.

Start With Your Preferred Business Model

You can do both at the same time, which I do myself. But without a team and a system in place like I have, it’s harder. In general, drop servicing just comes with a lot more headaches and fewer rewards than dropshipping does, especially if you’re just starting out. Dropshipping is super easy to scale, which means more money. But finding new clients for drop servicing isn’t as scalable, and each one you add means more time.

Okay, guys, that’s all I have for you. I’d love to hear what you think in the comments. To learn more about dropshipping and start building your own eCommerce empire, sign up for my masterclass. I’ll teach you how I made a full-time income online with a 5-page funnel and without touching a product, building a site, or investing in ads. I’ll even throw in the $100k funnel template FREE just for showing up. You can also subscribe to my YouTube channel for frequent tips and insights. Remember, your empire starts now! Tagged : / / / /