Summer reading recommendations by Dan Jovevski

Whilst there is a lot of topical books and some new bestsellers, my book diet of the last few years has consisted of books that have timeless lessons, and make me reflect on the journey of life so far.

What has really resonated with me is the timeless nature of these books and some of their most important lessons.

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‍How Will You Measure Your Life (Clayton Christensen).

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Whilst most know Clayton for his Seminal work in business and strategy such as The Innovators Delima, Disruptive Innovation, How Will You Measure Your Life offers the reader a framework of thinking about the importance of their life and uncovering true happiness by unearthing what’s truly important to you. Clayton sadly passed away in early 2020 and left a powerful legacy in business as one of the most brilliant minds in business and management theory.

Key Takeaways:

• Have a clear purpose in your life. Whilst an easy and trite concept, people who spend the time to understand their own true source of happiness end up living more fulfilling lives.

• Find out what’s most important to you, in the long run, the strength of your personal relationships mean more than money, most successful people wake up too late to realise this.

• Small decisions end up having large consequences, each time we compromise on these small decisions like a rolling ball of snow can have large consequences.
  

Book Link & Bonus Video:

Book link is here.

Bonus (Watch Clayton Summary of your Life) link is here.

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Principles (Ray Dalio)

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‍Most will know Ray Dalio as the founder of Bridgewater Capital, one of the most successful hedge funds in the world. Most think of this success as pure luck, talent, or being at the right place at the right time. This couldn’t be further from the truth as uncovered by Ray in his early years of making some profound mistakes (almost going out of business, making huge assertions about the economy that ended up being wrong). Ray beautifully captures his work and life lesions in principles that help you navigate life decisions in astonishing clarity.

Key Takeaways

• Pain + Reflection = Progress - A simple formula in life that reminds us that constant failure breeds learnings so we can make progress.

• Decisions are best made when you think about them from all angles and take feedback from others in a systematic way by thinking about your decisions in probabilities.

• Your life is guided through a set of principles (which are your own) that you rely on in order to make the best decisions with radical open-mindedness and radical transparency.
  

Book Link + Website

Book link is here.

Website link is here.

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Psychology of Money (Morgan Housel)

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The Phycology of Money brilliantly outlays a topic that is very close to the essence and story of WeMoney and why we exist. So when it was released in September 2020 I had to consume it cover to cover. The title misleads one to think that dense material of academic material, fear not my friends, Morgan beautiful navigates this topic is very easy to understand language that will make you wish you picked it up sooner.

Key Takeaways

• We’re all battling our own minds when it comes to how we think about money, Morgan navigates this topic the strange ways we navigate our relationship with money.

• Learn how to be conscious of your thoughts on Money and how to overcome the traditional traps that lead to bad money management.

• Money by itself doesn’t bring you happiness but brings more freedom which can bring you happiness.
  

Book link is here.

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Happy reading folks! I hope you enjoyed these books as much as I did. Also if you’ve got this far and thinking to yourself.. “I don’t have time to read books” which was a mental model I was trapped in for a very long time, my biggest back was allocating the end of my day to reading books or listening to audiobooks whilst doing seeming mundane household chores that unlocked “finding the time to read”. Hopefully this helps you too.

Here’s to 2021.

Dan Jovevski

Founder & CEO
WeMoney

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Disclaimer: The author is not a financial advisor and the information provided is general in nature and was prepared for information purposes only. This article should not be considered to constitute financial advice. Accordingly, reliance should not be placed on this article as the basis for making an investment, financial or other decision. This information does not take into account your investment objectives, particular needs or financial situation.