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Charles Munger just passed away. What dropshippers can learn from him?

I couldn't believe the news when I learned about the passing of Charles Munger earlier this week. As I went about my morning routine, the news suddenly flashed across my screen, and my heart sank. Having devoured his book "Poor Charlie's Almanack," I felt a profound sadness. Munger, renowned for sharing invaluable wisdom through speeches, books, and interviews, taught us many valuable lessons. And one lesson all dropshippers can learn from him is the remarkable power of reading.

Munger once said, "In my whole life, I have known no wise people who didn't read all the time—none, zero." His children even affectionately referred to him as a "book with a couple of legs sticking out." There's no doubt that some of the most successful entrepreneurs, including Bill Gates and Steve Jobs, have also been avid readers. In fact, Jobs' biography revealed his ability to effortlessly quote poets, showcasing the deep influence literature had on his thinking. The correlation between reading and wealth-building is undeniable.

Now, here's the shocking truth: a quick search on Reddit u/dropship showed only one post requesting book recommendations in the past month. It's disheartening to see how much ground we still have to cover to catch up with Munger's profound insights. We simply cannot overstate the tremendous benefits reading can offer, even though time constraints may seem like a major obstacle for most of us. However, irrespective of how busy you are, please prioritize reading. The rewards far outweigh the challenges.

To get started on your reading journey, here's a selection of remarkable titles that I found great:

  • "Play Bigger" by Christopher Lochhead and et al: Frame your offering to be unique among competitors. In this book, you will find out why brand voice can't save a brand.

  • "The Minimalist Entrepreneur" by Sahil Lavingia: An illuminating guide on starting a business. The Radio Test comes from this book.

  • "Positioning" by Jack Trout: Gain insights into effective marketing techniques. OpenAI is a good example of positioning.

  • "The Origin of Brands" by Al Ries: Explore the art of branding and its impact on business success.

  • "Made to Stick" by Chip Heath: Discover the secrets to creating memorable experiences for your audience.

  • "Contagious" by Jonah Berger: Learn how to spread your brand effectively through word of mouth.

  • "Blindsight" by Matt Johnson: Gain fascinating insights into how top brands capture our attention.

  • "Snow Leopard" by Category Pirates: Master the art of creating engaging and captivating content.

  • "Hooked" by Nir Eyal: Understand the principles behind habit-forming products that keep customers coming back for more.

  • "Steve Jobs" by Walter Isaacson: Delve into the captivating biography of the visionary behind Apple.

You can purchase them from Amazon or fill up our form. We will send the softcopy of some of these titles upon request. But the choice remains yours. Happy reading!

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