As there are many predictions all over the world about the worst recession coming in 2023, Here are 5 books to read for the 2023 recession that you should read as a preparation for any upcoming uncertainty, and you will regret not reading them.
A few days ago, I was cleaning my bookshelf, which I rarely do, and to my surprise, I found so many valuable books. I had read many great books in high school without fully comprehending their significance. Joining Instagram brought me into a race of reviewing and coming up with new books, which many times I didn't want.
As a result, there will be no new books for the rest of 2022. I will only spend time reading my old books. I took this decision 15 days ago, and it has been one of the best. Not only did I read many of my old favorites, but I also learned many new things from them that my childish mind had before ignored.
"The Subtle Art of Not Giving Fu*k" is one such book that I cherished reading & that I thought of reviewing it back.
I assume the majority of you must have read or heard of this book because of its title. Yet, if I make it simple, the actual meaning of the title is "The subtle art of not giving importance." That is, not giving a fu*k means not giving undue importance
The author coined the phrase "backward law" at the beginning of the book, which says that the less importance we place on something, the more of it we get. Examples: If you always try to be happy, you will only become sad.
He then goes on to break several myths and beliefs that we all give undue importance to, like happiness, emotions, ego, money, and romance.
The book ends with the topic of death. He first tells the story of his best friend Josh, who died while trekking, and how this incident transformed his life. He talks about the denial of death, which we all do. Yet, death is the only certainty that we can have in this uncertain life, so instead of running away from it, we should accept it. This acceptance will make us humble and grateful, which can finally bring us happiness and peace of mind.
This is one of the important self-help books which you should read in 2023. If you have already read it, then read it again.
This book is the best read for the recession since it was written in 1930, amid the Great Depression.
Here in the book, the author has put down 13 steps that one can follow to achieve wealth. These steps were developed after carefully studying the lives of several billionaires over a 25-year period.
The first and most important step is "desire." To achieve anything in life, one must have a clear, burning desire to have it. If you truly desire money so keenly that your desire is an obsession, you will have no difficulty convincing yourself that you will acquire it.
Then comes the faith: "Nothing is impossible to the person who backs desire with enduring faith."
Riches come to those who believe that they deserve them and say they are faithful in their thoughts.
The author claims that following all 13 of the steps provided in the book will make anyone a rich and wealthy man.
I loved this book. The steps outlined here are truly amazing and make you think about your thoughts and the way you do things.
However, I cannot relate to these steps; they are truly in the realm of the metaphysical, and I wonder if the author has put them down just to prove his point.
Second, the title asks, "Can you become rich by only thinking?" although later in the book the author says that one must have a "definite plan and purpose" to become wealthy.
The last and additional 14 steps were a true eye-opener for me. The author discussed five types of fears that one should avoid if one wants to be successful. They are fear of poverty, criticism, ill health, loss of a loved one, old age, and death.
The last chapter discusses all these fears—how they came, why they are there, and how one can get rid of them. It was bliss reading that part. If you want to read one chapter from the book, I would recommend that part.
Recommendation
To every person in this world who wants to become rich not just from material things but also from the inside: Don't read this book once; read it again and again because every time you read it, you will learn something new.
Life is the same as an ECG machine sometimes ups and sometimes down ⠀ ⠀ ⠀
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Let's see if you have experienced this or not you started doing something new like a business, relationships, Instagram page, or a new job.
In the beginning, everything seems so good. People around you were encouraging your likes were increasing every day but all of sudden one day you notice that things are changing, your business no longer makes a profit, likes have started decreasing your boss has suddenly become very angry at you and you don't know why all these things have happened.
If you have experienced this kind of situation where everything seems to be going wrong then you experience what the author called a dip. ⠀
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From early on we have received many pieces of advice from our parents, teachers, and relative. Out of that one piece of advice stands in common which all of us have heard one time in our life that is don't quit, never give up and success will come. Although it is true, if we follow this blindly we are bound to fail.⠀
There are certain things in life we need to quit, whether quitting failed career or business or leaving your untrustworthy relationship. So quitting is not bad. In reality, winners are the biggest quitters. ⠀
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But there aa re few things that we need to see before quitting. ⠀
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1) First, are you quitting because you are tired or you see that there is no future to this career? Quitting should be based on lack of opportunity, not laziness. ⠀
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2) See, some people will always hate you no matter what you do. So see that you are not quitting because of some individual's comments. But if the whole market isn't responding then quit. ⠀
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3) And lastly, see how much progress you are making every day. Success doesn't happen overnight. But If it doesn't happen after a year of struggle too then quit.⠀
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The whole book is about the art of saying no. In life, many people are afraid to quit but ⠀
Remember your goal in life should be to become the No 1 in whatever you do. If you can't become that Quit it and try something else.⠀
It is the best read for the 2023 recession, since there is so much uncertainty nowadays this book will guide you.
This is one of the bestselling books of the decade written by Robert Greece.
In the book, the author has given 48 laws that one should follow to achieve power in their organization. Apart from this it also provides one with the tools & techniques by which one can protect themselves from all sorts of manipulation.
It's a must-read book for the 2023 recession as it will give you an edge over your competitors. Whether you are in a business or job you should read this book in 2023.
power is like fire if used well it can be your greatest weapon and if used wrong it will burn you.
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A great book that will give you a deep insight into human minds, the ideology of Competition, Envy, and business. ⠀
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Some of the power laws are as follows ⠀
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𝟏) 𝐋𝐞𝐚𝐫𝐧 𝐭𝐨 𝐬𝐭𝐨𝐩 𝐚𝐟𝐭𝐞𝐫 𝐠𝐞𝐭𝐭𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬⠀
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The greatest danger occurs in the movement of victory⠀
Remember good luck is more harmful than bad luck. Because it deludes us into thinking that we are over-smart and forget the role of our friends and luck on the path to success. Never do such a mistake. After succeeding, stop and see how you achieved that. ⠀ ⠀ 𝟐) 𝐂𝐫𝐮𝐬𝐡 𝐲𝐨𝐮𝐫 𝐞𝐧𝐞𝐦𝐲 𝐭𝐨𝐭𝐚𝐥𝐥𝐲⠀
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⠀ It means never show mercy to someone who betrayed you or wanted to destroy you or has insulted you, even if they apologized for it. People never change If they have done it before, chances are they will repeat it. Remove them once and for all.⠀
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⠀ 𝟑) 𝐖𝐢𝐧 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐲𝐨𝐮𝐫 𝐚𝐜𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐧𝐨𝐭 𝐚𝐫𝐠𝐮𝐦𝐞𝐧𝐭𝐬⠀
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⠀ Only fools argue. Remember action speaks louder than words. So always win through them. ⠀
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⠀ 𝟒) 𝐀𝐥𝐰𝐚𝐲𝐬 𝐬𝐚𝐲 𝐥𝐞𝐬𝐬 𝐭𝐡𝐚𝐧 𝐧𝐞𝐜𝐞𝐬𝐬𝐚𝐫𝐲⠀= ⠀ When trying to impress people with words the more you say the more common you appear. Remember, if your speech is silver, then your silence is golden. Being silent can be a priceless gift you can have.⠀
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⠀ 5) 𝐀𝐯𝐨𝐢𝐝 𝐮𝐧𝐡𝐚𝐩𝐩𝐲 𝐚𝐧𝐝 𝐮𝐧𝐥𝐮𝐜𝐤𝐲⠀
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⠀ Avoid people who are a pessimist and always complain about life. Remember, you are a sum of five people you spend most of your time with. Be sure not to include them in your that list. ⠀
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Who should read this ??
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I would recommend this book to anyone who is at the start of his/her career. The world will not be good to you most of the time there will be betrayal, jealousy, and efforts to put you down. So read this book as a guide to avoid such situations.
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In 2023, if you only have one source of income, you will be in big trouble!
There is already a big prediction of huge job cuts next year; companies like Google and Apple have already started firing many of their employees.
To protect yourself and your family from any uncertainty, you should start building a passive income.
Passive income means earning without any active contribution. like income from rent or your bank FD.
One big source of passive income is investing in the stock market.
The stock market has provided tremendous returns over the last 20 years, and you should begin investing in the stock market if you have patience and a long-term approach.
It is the only place where you can start with 5,000 and make $500 million. Check out the story of Rakesh Jhunjhunwala.
Hence, this is one of the most important books to read in the 2023 recession. Because the best time to invest in any company is during a recession, as quoted, "be greedy when others are fearful and fearful when others are greedy."
This book is called the "Bible" of investment and it's recommended by many top investors like Warren Buffet.
The author is Benjamin Graham. The book includes 20 chapters.
The main part of this book is about value investing, which means buying securities that appear underpriced by some form of fundamental analysis, which is discussed in the book.
Aside from that, the book discusses two types of investors: defensive investors and entrepreneurial investors.
The defensive investor is unwilling or unable to put in the time and effort required to be an enterprising investor.
Instead of an active approach, the defensive investor seeks a portfolio that requires minimal effort, research, and monitoring.
The book includes many case studies of companies and how they fail or achieve success.
Benjamin was an intelligent person whose techniques are still relevant today.
Many new and exciting things are included in this book. However, I would not recommend this book to beginners because it has a lot of technical terms that are quite hard and sometimes boring to read. However, if you are as enthusiastic about investing as I am, then definitely read it.
If new & interested in investing then click below, it will be the best decision ever.
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