The Magic of Thinking Big: My SUV Story
60sPersonal story of overcoming limiting beliefs to buy an SUV resonates with viewers' own financial aspirations.
▶ Play Clip"Delivers a solid list of books with personal stories, but the title's promise of '20 books' is misleading as only 15 are covered."
In this video, Vaibhav Kadnar shares the essence of 15 books on money, finance, investing, mindset, business, and psychology that he claims can transform a person into a financially smart and powerful individual. He organizes the books into five categories: mindset detox, habit formation, skill development, investing, and leadership, providing personal anecdotes and key lessons from each.
Vaibhav introduces 15 books on money, finance, investing, mindset, business, and psychology that he claims can transform a person into a genius and financially smart individual. He emphasizes that he will share the condensed truth and essence of these books, which took him two years to understand.
Vaibhav divides the books into five parts, starting with mindset detox. He explains that your biggest enemy is the person you see in the mirror every morning, and you need to clean the dirt from your mind to succeed.
Vaibhav recommends 'The Magic of Thinking Big' to break limiting beliefs. He shares a personal story about wanting an SUV but initially settling for a second-hand hatchback due to financial constraints. After reading the book, he decided to buy a new SUV within a year, illustrating how the book helps break self-doubt and limiting beliefs.
Vaibhav discusses 'Think and Grow Rich' by Napoleon Hill, highlighting the lesson that desire is weak until backed by necessity. He shares a story about being forced to choose between freelancing and his job, which made him realize the importance of creating something that cannot be taken away, leading him to pursue public speaking and content creation.
After mindset detox, Vaibhav moves to habit formation. He emphasizes the need for systems to make consistency automatic, both in life and business, and introduces books like 'Atomic Habits' and 'The 7 Habits of Highly Effective People'.
Vaibhav summarizes 'Atomic Habits' by James Clear, focusing on the four laws: Make It Obvious, Make It Attractive, Make It Easy, and Make It Satisfying. He provides examples like keeping books around to encourage reading, pairing boring tasks with enjoyable ones, using the 2-minute rule to start habits, and tracking progress for satisfaction.
Vaibhav discusses 'The 7 Habits of Highly Effective People', emphasizing the principle of beginning with the end in mind. He explains how he defined his end goal of becoming a creator and leader, then reverse-engineered the steps needed, such as reading one book weekly and making two videos weekly.
Vaibhav talks about 'Essentialism' and the importance of saying no. He shares how he used to say yes to every opportunity, leading to burnout. The book taught him to say no unless he is absolutely excited about something, conserving his limited energy for what matters most.
Vaibhav moves to skill development, starting with 'Steal Like an Artist'. He explains that nothing is original, but your version can be unique. He shares his strategy of observing three creators daily (knowledge, business, and psychology) and combining their ideas to create unique content.
Vaibhav summarizes 'The Lean Startup' with the mantra 'Build, Measure, Learn'. He emphasizes testing ideas immediately, analyzing results, and iterating. He applies this to his content creation and business, executing ideas quickly and discarding or improving them based on results.
Vaibhav introduces investing books, starting with 'Rich Dad Poor Dad' for basics on assets and liabilities. He then recommends 'The Compound Effect' to understand the power of compounding, illustrating with the example of doubling ₹1 daily to reach ₹107 crore in 21 days.
Vaibhav discusses 'The Intelligent Investor' as a comprehensive guide to investing. He shares his personal rule of investing only in businesses whose products he personally uses and enjoys, and emphasizes the lesson that wealth is about staying rich, not just getting rich.
Vaibhav moves to leadership books, starting with 'How to Win Friends and Influence People', a timeless masterpiece for founders and creators. He highlights its strategies for effective communication and influencing people.
Vaibhav discusses 'The 48 Laws of Power', noting that it reveals truths that are often manipulative but real in life. He recommends it for developing true leadership qualities, and mentions he has made separate videos on each law.
Vaibhav concludes by emphasizing that understanding what is important from each book is an art. He encourages viewers to work on themselves and inspire others, and reminds them to check out Odoo Invoicing, the sponsor, for automating billing processes.
The video provides a curated list of 15 books across mindset, habits, skills, investing, and leadership, with personal anecdotes and actionable takeaways. Vaibhav emphasizes the importance of mindset detox, consistent systems, and continuous learning to achieve financial success and personal growth.
The Magic of Thinking Big
book
Think and Grow Rich
book
Atomic Habits
book
The 7 Habits of Highly Effective People
book
Essentialism
book
Steal Like an Artist
book
The Lean Startup
book
Rich Dad Poor Dad
book
The Compound Effect
book
The Intelligent Investor
book
How to Win Friends and Influence People
book
The 48 Laws of Power
book
Odoo Invoicing
tool
What is the first law of Atomic Habits?
Make It Obvious
08:43
What is the 2-minute rule in Atomic Habits?
Start a habit by doing it for just 2 minutes to get the initial push.
09:40
What is the core mantra of The Lean Startup?
Build, Measure, Learn
14:16
What is the compound effect example given in the video?
Doubling ₹1 daily reaches ₹107 crore in 21 days.
16:35
What is the key lesson from The Intelligent Investor?
Wealth is about staying rich, not just getting rich.
18:22
What is the principle of beginning with the end in mind?
Decide what you want to become and reverse engineer the steps to get there.
10:59
What is the rule from Essentialism about saying no?
Say no unless you are absolutely excited about something.
12:03
Breaking Limiting Beliefs
Personal story of buying an SUV after reading 'The Magic of Thinking Big' illustrates the power of changing mindset.
00:55Desire Backed by Necessity
The lesson from 'Think and Grow Rich' that desire is weak until necessity drives it, shown through a real-life job threat.
03:02Four Laws of Habit Change
Atomic Habits' four laws provide a practical framework for building consistent habits.
08:29Steal Like an Artist
The idea that nothing is original but your unique combination of ideas can be, is a creative strategy for content creation.
12:44Power of Compounding
The ₹1 doubling example vividly demonstrates the exponential growth of compounding, a key investing principle.
16:35[00:01] books on money, finance, investing, mindset, business and psychology. These 15 books that you see in front of me right now have the power to transform you into a new person. A person who is a genius in every field, is powerful and is
[00:14] also very financially smart. And today I am going to give you the condensed truth, the essence of these books, which took me the last two years to understand. So we will not waste much time in the intro. Will come straight to the point. If you are serious then watch it, otherwise go away.
[00:26] in the video because I know that whoever really wants knowledge will come just to pass time will just skip and see the names of the books and think understanding the names of books [music] is one thing and perceiving what is written inside it is
[00:42] I have divided all these books into five different parts in which our first part is going to be about detoxing your mindset [music]. Because in every journey, your biggest enemy is the person you see in the mirror every morning.
[00:55] You understood it exactly right. Your own mind has become your biggest enemy. And if you want to do you will have to clean this dirt from your mind. And for that, the first book I would like to suggest to you is The Magic of Thinking Big. Now this book has
[01:08] broken all the limits and boundaries that I had in my mind. With this I can tell you the story of my car very well. So when I was buying my first car, I spent my teenage years on my two-wheeler, a passion pro gifted to
[01:22] reached a stage where I had a comfortable paying job. Then upgrade our life a little. There is a lot of problem during rain. The mud keeps splashing. I have to go to give interviews. So friend, the clothes get spoiled a lot. So
[01:37] thought came to my mind that why don't I buy a second hand car. Now, since childhood, always wanted an SUV. But just because at that time I used to think that man, I don't have enough money to afford a full size SUV.
[01:51] a small hatchback. Any cheap But during this decision of mine, I saw this book and obviously its title is very interesting. The Magic of Thinking Big. Now when I saw this at the book stall,
[02:06] And after reading this and after every chapter there is a small exercise. in this book. After following him, I can literally say that my thinking about book of almost around 350 pages and it took me probably a month to read it. And
[02:21] in that one month I realized that if my dream since childhood has always been to own an SUV then why am I downgrading it considering my current real situation. The I am not able to elevate my own life to the point where I find that SUV
[02:34] completely scrapped the decision of buying that second hand car. I said, friend, if you buy it, you will buy the new one and the big one, otherwise I will not buy it at all. And trust me literally within a year I got my first car which was an SUV. So, there are so many limiting beliefs in our life
[02:48] where we think that I will not be able to do this thing because maybe I do not have that much money. I don't have those skills. So this book will help you in breaking them. those people who live with too much self-doubt in life. They think
[03:02] Trust me, read this book once. Your mind will open completely. Now let's move on and Grow Rich by Napoleon Hill. So this is probably one of the best books you can ever read on rich mindset. [Music] What I learned from Napoleon Hill, the author, is
[03:17] that desire is only weak until you back it up with necessity. Now let me explain this complicated line to you through a simple story. So thought had awakened in my mind that if I buy a car, I will buy a big one. But
[03:31] what to do. Now it is obvious that if you are working somewhere, you will not be made the CEO of that company immediately. So for that reason, while I was working, I income, doing freelance work for people. Because I knew that it is obvious that
[03:45] in a corporate role you will afford that car. So I started looking for some better option from where I can desire was that I wanted to earn more money.
[04:00] that there is a moonlighting clause in the company. So working in a company then you cannot do freelancing outside. This is my manager came to know about this, he called me to his cabin and
[04:14] told me clearly that brother, you will have to choose something. Either you do freelancing or work in a company. not able to choose and give me this decision by evening then I am really very sorry. I have to get
[04:27] probably around 3:00 in the afternoon. I had roughly 3 hours where I was just pretending that I was working. But in the back of my mind, the only thought that was going on was that brother, if tomorrow someone comes directly to you and tells you to
[04:41] fire me from the job. So what will happen to my family and my ongoing EMIs? stability that we talk about never actually exists. Tomorrow anyone can come and tell you [music] that you've been fired from your job and you ca
[04:53] cases, court matters, legal matters are not for us middle class people. Brother, you will keep years. So what happened then? What I desired was weak until what had happened was that I had realized that this freelancing, this [music] job, all these
[05:08] things cannot be taken away from me. But now it had become a necessity for me to find something that no one could snatch from me. And then a thought came to my mind talk to a lot of people. I had no fear of speaking in front of an audience.
[05:21] Why don't I make this my profession? And that's where Now this skill of talking to people is such that no one can snatch it from me. If tomorrow my YouTube channel gets shut down or something happens, I will
[05:33] go and talk to people directly. Whether I talk in schools or in small gatherings. survive by doing small things. Because I know that I have that thing in me break down any complex topic and explain it in simple words. So my desire to
[05:46] buy a car was weak only till the time there was necessity behind it, that is, I could be fired from my job. What should I do now? Now there is no necessity as to which new option [music] I should look for. So this is what I learned from this book. That day I realized
[05:59] in life, we think [Music] I got a college degree. Then I got a you back in life. If my manager had not told me that day that brother, if you do not give this decision by this evening then you will be fired from the job. Till then the
[06:13] game of I want does not change into I must. There If you find out, please let us know in the comments below. So I would say that these two books have helped me a lot in my level number one mindset detox. Because
[06:27] you cannot enter this game of making money unless your mind is programmed for it. And these two books can set its foundation. Now that this detox was over and my mind was completely reset, it was my turn to change my habits.
[06:39] consistent person in the initial years of my life. So the biggest thing for me Develop some systems that will make consistency automatic. And as much as you need these systems in your life, they are equally important in your business.
[06:54] Because a business can scale only when everything is process driven. And that's what Odoo Invoicing does. Too is completely creator and freelancer friendly which automates every manual time consuming task.
[07:07] sending reminders, all happen automatically after delivery to the client. Earlier, it used to take hours to create Excel and PDF or even we used to create invoices using any online tool. There was no record of it and no one paid attention to its safety and security.
[07:19] you can prepare the invoice in just one click. With your own logo, taxes, payment links and many more convenient features. Everything in one place. Then and makes your payment instantly online. Odoo then automatically
[07:34] time dashboard. Where you can see who paid what and what things are pending. How much has your monthly revenue increased? Earlier you used to manually payments used to come very late. This problem is over. See, as soon as the invoice is created, the system automatically
[07:48] sends an email to the client. And if the due date is crossed, a polite reminder up nor ask those awkward questions like, brother, when are you making the payment in the description below. The first app is lifetime free so be sure to check out
[08:02] that fulfills all your business needs in one place. Here you will find 45 plus apps related to business. And the first app that will be free for you for lifetime is [Music] then you can also start subscription from just ₹580. Now let's move to the books
[08:17] that shaped my habits. Look, it was very important to change this mindset. But I just want money, I want money. Thinking like this never makes money. If you will have to build some systems in your life. And the first book
[08:29] I would like to suggest to you is Which is Atomic Habits. Look, in life I always thought that I have to earn more money but what should I do Then I started applying the four lessons in this book in my daily life.
[08:43] This one video will make everything clear to you. Nearly 1 million people have I have already covered this book in detail. So I'll just tell you from the very top. This law is very simple. The first law is Make It Obvious. That means keep some cues of your habits in front of
[08:58] you. If you want to develop the habit of reading more books, then always keep a lot of books around you and in front of you. If you want to develop the habit of reading books late at night, then do one simple thing. Just go to your bed every day and keep any book aside.
[09:12] Within a week, there will come a day when you will pick up that book and read at least one page. And that is how you start to develop an habit. Now the second law is make it attractive. Pair any of your boring tasks with any of your favorite tasks.
[09:25] listening to podcasts boring and who would listen to such big podcasts of 2-2 hours. But So don't combine these two things. When you're traveling from point A to point B, Then the third law after that is Make It Easy. There is a very simple rule in this, 2 minutes
[09:40] rule. That means, suppose I have to develop the habit of keeping my body fit. I need to get into the start with just 2 minutes. What can I do in 2 minutes? For example, I can do 10 push ups. I can hit 10 setups. And so I
[09:52] just do them for 2 minutes. Now what happens with this? Your brain thinks quickly. But when I start working out, my body will automatically go into that zone and for that 2 minute workout, I will be able to do
[10:05] initial push to do anything in life is the most important. And you will get the same initial push from this 2 minute rule. That means, divide your big task and just start. Use these simple words to fool your brain into thinking it's just a
[10:19] matter of 2 minutes. Let's get up and do it. And lastly the fourth law is Make it good marks in any exam, keep track of it. Some teacher praised you, keep track. Keep track of any new freelancing clients closed.
[10:32] Because whenever you will be able to see anything visually in front of you in your life. That I am able to earn more money. My marks are improving a lot. When your brain starts noticing all these things, it will release more rewards.
[10:44] Seven Habits of Highly Effective People. This book has given a direction to my systems [music]. He mind. Now look, earlier I was doing a lot of random tasks without thinking about
[10:59] What is my destination? He told a simple thing that first decide what you want to become and then reverse engineer how to become that. Now that I have defined my end personality and end goal. I
[11:12] want to be a creator. I always want to be a learner and I also want to be a good leader. And one thing I did was I
[11:24] if I want to become a good leader, then for that I will read one book weekly. To make two videos every week. Basically what you need to do is decide on your end goal and then reverse engineer it to think about what would be the smallest, most
[11:37] fundamental thing that I need to do right now. Only then will I be able to reach my end goal. You just have to take those baby steps. Now after this comes the next book, Which is Essentialism. This book has taught me something I
[11:50] probably never learned. Which was no saying. Earlier, I used to chase every opportunity in my life. And at the [music] end I felt very burned out. He used to say yes to said he was coming to a party or it was someone's birthday, I would say yes. If
[12:03] said yes to him. When the manager gave me new work, I said yes to it. Literally, I had to do everything myself. After reading this book, a very good rule has been formed in my life. Which is if I'm absolutely darn noisy about something, that's when
[12:17] say no directly. If any business idea or decision does not excite me, book has taught me that we all have very limited energy. And if we keep wasting our energy everywhere like this, then we will
[12:31] completely waste those years of our life in which our energy was the highest and we could have grown the most. Now your mindset has been set with these three books. Now let's move to the next stage which was to convert this mindset, this time, this energy
[12:44] first book I would like to suggest to you is That Is Steel Like An Artist. This book. There are two more books by the same author. But for now I will talk about this book. Look, this book has had a huge impact on this channel.
[12:57] Earlier I always used to think that if I make a video on any topic then it is not that I am bringing something new. Whatever topic I think of, someone or the other would already have covered it. So brother, if
[13:09] any topic is already covered then why will people watch me? But from this little book I got a genius idea which is nothing is original but your version can be unique. I followed a simple strategy. I used to observe three creators every day.
[13:21] knowledge creator and one is a business creator. These three are the fields that If I combine each one percent of these, what will happen? And this channel is the result of this thinking. If you pick up any topic of mine, you will see that it is either based on psychology
[13:36] times I also talk about general knowledge in my shots. not copy it directly. I just connected. All the old ideas that people were perspective. I used a very simple mind here that business is such a
[13:50] thing that to do it you have to understand the psychology of people. Only then you also required so that you can bring a session of any problem and then through that session you can solve their problem with your product or service. And that is exactly how
[14:03] you steal like an artist. Because of this book, the web of content speech has started. Moving on to the next book which is The Lean Startup. Now when I started creating content, I used to think that I will make a perfect video and
[14:16] thing as a perfect video in life. If I give you a quick summary of this book, then this entire book will be summed up in three words. Which is Build, Measure and Learn. That means you should never doubt your ideas. First of all, test them.
[14:29] After that analyze the results and then gradually improve them. That's why till today test every idea of mine. There are a lot of tests for a short video, a long form, a thumbnail. double down on it. Otherwise I will discard that idea. And
[14:44] follow the same thing in my business also. Be it hiring or management. If any idea comes to my mind, I execute it immediately. If it works then it is fine, otherwise make it better or change it and
[14:56] came to me at 12:00 in the night and now it is 3:00. In a day or two it will be edited you have to do the same thing in life also. If you just keep thinking, you will waste a lot of time. you think it's worth it, then execute it immediately. If it works then it is
[15:12] fine, otherwise make it better and change it again and try. So, if you understand all the books we have seen so far chronologically, you will know three things. First of all your mindset became clear. Then the systems were ready and then
[15:26] your skill set developed. That means if you read so many books then you will start not help. It also requires investment so that you can I will recommend you all these books. There are many detailed
[15:41] First of all, we will start with a very basic book which is not at all related to the stock market. Rich That Pour That This book is a very basic book. If you want to understand the very basics, what is the difference between assets and liabilities ? Why is investing
[15:54] important? So you have to read that book. And anyway I will not talk much about this book made a detailed summary video. You can go and see it by clicking on the i button here or Dad Pot Na is a very basic book. If you are starting initially.
[16:08] If you are young, 14, 15, 16 years old, then you should start with that book. Now let's come to the I would recommend the first book. That is the compound effect. Look, we always look for shortcuts in life, where should I invest my money so that my
[16:22] money increases 10 times. Millionaire in 25 days. But this entire book talks only about the compound effect. Now what is the compound effect? That means if you double ₹1 daily. That means it will be ₹1 on day one. Day
[16:35] to day it will become ₹2. On day three it will become ₹4. On day four it will become ₹8. If you keep doubling it like this, then in just 21 days it will become more than Rs 107 crore. It is in just 21 days it will become more than Rs 107 crore. It is
[16:48] how the consistency of the compound effect beats [musical] intensity is what this book will explain to you. But this simple example tells you how compounding works. investment, one of its basic fundamental rules is
[17:01] often in my videos. And I came to know about this compound effect in detail in this book. Look, this book is absolutely worth reading but one thing has been can read it if you want, but you will start getting a bit bored after a point. Now
[17:15] But this stock market was a very new thing for me and I generally do not trust people. Especially about the people who are in the stock market area. There are a lot of creators in this stock market zone who just want to sell you some rubbish courses.
[17:28] That's why I needed some reliable advice before investing. So I just searched that brother, if there is any book that sells the most on the stock market, then this book Which is the Intelligent Investor. This is a book of almost 600 pages.
[17:43] encyclopedia, brother. If you want to invest then invest in that. There are many different things given in this book. Even if I make a full 810 hour video, it will still be less. I invest only in businesses whose products I personally
[17:55] enjoyed using. That is, suppose this is a watch manufacturing company and its stock is listed in the market. If I like this watch and I see that I invest in it, otherwise I do not invest at all. If I am
[18:09] not using something personally then I do not invest in those products. valuable. If you want me to make a detailed summary on this, please let me know in the comments. 8 hours of video will not be possible. Probably have to
[18:22] make it in parts. But I will definitely give it a try. Look, I learned a very beautiful thing from this book, which is about wealth, it is not about getting rich. It is about staying rich. Now because you have access to a lot of money,
[18:34] you think, why can't I buy this? I buy this too. you don't even realize and your expenses increase a lot. There was a phase in my life when I bought my first SUV, then
[18:46] I was thinking that I will buy some big fancy number for it. So I for it. So I started checking. So these numbers 0901 are very expensive. Now whoever knows the rates knows that these
[18:59] I had started earning quite well. So I was thinking, why is this thing so expensive, brother? I will take this also. But how do you stay grounded when you have money or even when you do n't ? This book will teach you that.
[19:12] [MUSIC] Don't worry. I did not buy any fancy number plate for my car. I took whatever basic was available. Look, there is money but man is not so stupid that he would spend double digits of money for a number plate. Now the next few books are going to be
[19:24] on leadership which you will need a lot in your life in future. When you manage a team, you will have your own company. So the first book that I Friends and Influence People. This book was written in 1936. But till date, it is a timeless masterpiece for every
[19:39] founder and every creator, entrepreneur. And this is probably one of my first few books. You can also see its condition. What has she strategies and tips given in this book through which you
[19:52] can actually understand very well how to talk to people. How to communicate your ideas. How to communicate your ideas. of the best books out there on
[20:04] You must go and check it once. If you want, I have already made a detailed video on this also. You can go and check it. I will put it in the description below. Last of all, there was another I will put it in the description below. Last of all, there was another
[20:17] I will bring it immediately. This is the 48th Law of Power. All those who read my book reviews know that I have already I have literally made separate videos on each law. Because this book actually deserves that.
[20:32] This book tells you about those truths which no one will tell you openly. Seems very manipulative. All the seem to be very manipulative. But actually all these things happen in real life.
[20:45] actually all these things happen in real life. So, if you want to develop true leadership qualities , then this book is a must read for you. Just read it once and you will understand everything. You will
[20:58] not need to read it again and again. So after reading so many books, one thing has become very on mindset. There are a lot of books on systems. [MUSIC] There are a lot of books on leadership. There are on systems. [MUSIC] There are a lot of books on leadership. There are
[21:11] But understanding from each book what is important [music] for you in life at that moment is a different kind of art. You might want to work on yourself by reading some books. By reading some books you may inspire others. Do something like this. And
[21:25] And I have many such books behind me. And in fact, I have a lot of different [music] books at home too. So if you want another video that goes into you want me to not cover so many books. I should cover only Charap books
[21:39] but if I cover them in a little detail then please let me know in the comments. And lastly, let me remind you one more time that if you want to best session for you [music] is Odoo Invoicing. Here you can automate
[21:52] your entire billing process in just a few clicks. Invoice generation, reminders and payments are all handled from one place. No stress of late payments. Just add a client, click send and Odoo automatically
[22:06] smart and so simple to use. I have given its link in the description below. Do check Odoo invoicing once. And from me and my entire team, a big thank you to [music] all the sponsors. It is because of them that we are able to continue our channel. We are able to
[22:19] run this business. So do support them too. Whenever I promote anything , I personally research whether it will actually be useful for my audience or not. And although we
[22:31] shortlist only a few brands and bring them to you. Some of the I have been working with Oodo for the last two years. I can tell you with guarantee that this is one of the best systems if you are running a business. So please
[22:46] check out Udu Invoicing or any of their other apps and support them and me. See you in the next one with another such valuable video. Till then, keep hustling, keep video. Till then, keep hustling, keep learning and as always keep inspiring.
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