The 10 Pillars of Wealth by Alex Becker
When I first saw the cover of this book, I thought it would be about the ‘pillars’ that you need to have in place to accumulate wealth.
Unfortunately, I didn’t read the subtitle!
Instead, it turns out that The 10 Pillars of Wealth is all about the mind-sets of the world’s richest people. So rather than the pillars emulating practical components, the pillars represent the mental attitude and habits you need to develop for wealth accumulation.
Nothing new here
The 10 Pillars of Wealth is a general personal development book that runs along the same lines as books such as “Rich Dad, Poor Dad,” and “Think and Grow Rich.”
Therefore, if you’re a keen reader and have read many personal development books, it’s doubtful that you’re going to find anything new in this one.
However, it’s still an entertaining read. The author, Alex Becker, uses various analogies and stories to explain things that made me look at some concepts from a different point of view, and sometimes made them easier to understand.
The 10 Pillars of Wealth
As the title would have you assume, the book is broken down into 10 ‘pillars’ (although there is a bonus at the end).
Some examples of these pillars include;
- Separating your time from money
- Getting out of the rat race
- Everything is your fault
- Goal planning
- Keeping focused
- Get a mentor
I’ve deliberately kept those bullet points vague to help test if this would be a good book for you.
If you’ve read and understood the above concepts already, then I’d give this book a miss. But if none of those bullet points ring any bells, then this could be an ideal choice for your next read.
Breaking down the pillars
At the end of each pillar, the author takes things a little bit further to help you implement it.
He breaks this implementation section down into two parts; steps for the beginner and steps for the intermediate.
Essentially, each chapter shows you how to progress from one level to the next, and I thought these sections added real value to the book.
My overall thoughts
Overall, I thought that “10 Pillars of Wealth” was a nice, easy-going, short read.
However, if I had read the subtitle and understood that this book was about mindsets and habits (topics that I have read a lot about) then I probably wouldn’t have bought this book.
Now, although I personally didn’t learn anything new from this book, that doesn’t make it a bad book. The 10 Pillars of Wealth would still be a good starting point for you if you are not familiar with any of the principles mentioned in this post.
BUT, if you are interested in learning more about the topics of creating wealth, one book that I would recommend to you is “The Millionaire Fastlane” by M J Demarco, which I, personally, rated higher than this one.
Have you read “10 Pillars of Wealth?
This book review is my personal opinion and experience of “10 Pillars of Wealth.”
If you’ve read this book, share your thoughts in the comments section below. You can also give the book your own score out of 10 by using the Reader Rating Bar in the box above.