Today's Must-Read Book, Motivation and Wisdom

Author

Mindset Reading
September 30, 2024

Hi friends, 👋

First of all, I want to thank new subscribers for “Monday Mindset” I hope you are reading and learning.

Table of Contents

My New Book Update 📔

My new book update coming soon. First I will announce a few things in this newsletter about the book. 😀 

Get motivation for the week

"You have power over your mind—not outside events. Realize this, and you will find strength."

-Marcus Aurelius

"We suffer more in imagination than in reality."

-Seneca

"It's not what happens to you, but how you react to it that matters."

-Epictetus

A must-read book on “Business”

This book reminds us that the world is constantly changing but certain things never change. Reading more books will develop better filters and frameworks that will help us make better sense of the news.

“Same as Ever” reverses the process, inviting us to identify the many things that never, ever change. I liked this one, as I also love the previous book The Psychology of Money.

I would suggest this book to everyone.

Same as Ever: A Guide to What Never Changes by Morgan Housel

Practical Lessons from this book to implement in your life.

1) Human Nature is Constant.
The core emotions that drive human behavior—greed, fear, envy, love—remain unchanged throughout history. Understanding these timeless patterns helps us navigate life and make better decisions, whether in finance or personal relationships.

2) Focus on Long-Term Stability.
Instead of predicting an uncertain future, Housel advises focusing on what has always been true. By identifying unchanging principles, you can minimize risks and make more informed, stable choices.

3) The Power of Compounding.
Compounding plays a crucial role in both finance and life. Small, consistent actions over time can yield extraordinary results. The key isn't finding the highest return in the short term, but sustaining good returns over a long period.

4) Patience and Resilience are Key.
Whether in personal growth, relationships, or investing, patience allows value to accumulate over time. Surviving short-term setbacks is essential for long-term success, as most meaningful achievements come through persistence and endurance.

Today’s wisdom

"If your actions inspire others to dream more, learn more, do more, and become more, you are a leader."
- John Quincy Adams

True leadership is not about authority or control, but about inspiring others to grow and achieve their potential. A powerful leader leads by example, encouraging those around them to improve themselves and reach higher goals.

Ravi’s Recommendation Zone

Here are my favorite things that I consumed throughout the week.

Podcasts I have watched:

Naval Ravikant on Happiness Hacks and the 5 Chimps Theory

Naval has developed a diverse set of skills and rules of thumb that can applied nearly everywhere. Even if you have no interest in startups or investing, this is well worth your time.

Books I have saved in my TBR!

1) Hidden Potential by Adam Grant

2) How to Know a Person by David Brooks

3) How to Walk into a Room by Emily P. Freeman

YouTube videos I have watched:

Title: My Honest Advice to Students Who Are Falling Behind

This video is created by Justin Sung.

Thank you for reading, I hope you like reading this newsletter. I will add more value to this newsletter, so you can gain more knowledge in a short time. Look for my next email.

Thank you for your support.

Mindset Reading,
Ravi