The creation of “The Model Book”

Immerse yourself in the exciting world of modeling, accompanied by Stephan Czaja, the author of “The Model Book.” Learn first-hand about his path into the international modeling scene and his experiences with renowned clients such as Prada, Dior and Balenciaga.

In this video, Stephan Czaja reveals how he wrote “The Model Book” – with a pinch of humor and warmth. Find out how he sat in a cozy café and polished off several cappuccinos while writing his book. His personal anecdotes give the book a unique touch and show his dedication and passion for the subject.

• The Model Book – English
• The Model Book – Spanish
• The Model Book – German
• The Model Book – Italian

You can find more videos on YouTube x CM Models.

What can you expect in “The Model Book”?

“The Model Book” is a comprehensive guide that offers valuable information on over 200 pages. Stephan Czaja explains how you can start your modeling career. The book covers everything from the first castings and applications to creating an impressive model portfolio, Polaroids, running and audition videos and life in a modeling agency. You’ll also learn how social media like Instagram is influencing the fashion world and how you can use it to your advantage.

With eight years of experience in the industry, Stephan Czaja brings a wealth of knowledge with him. He has not only taken part in fashion shows, but has also visited fashion capitals and worked with partner agencies. His real-life experiences and stories have been incorporated into “The Model Book” and offer valuable insights.

What can you expect in the video?

Let Stephan Czaja guide you through “The Model Book” as he introduces the key sections and topics. From the importance of a strong start to the possibilities of a free podcast to valuable advice for aspiring models, this video is a treasure trove of information.

The road to international success

One of the ultimate goals of many aspiring models is to work in renowned fashion cities such as Paris, London, Milan and others. In “The Model Book”, Stephan Czaja shares valuable tips on how you can make this dream come true. He explains what happens after you apply to an agency, how to build confidence and ultimately get the chance to work in exciting fashion capitals.

How modeling agencies work together

You might also be interested in this! Stephan Czaja talks about his experiences in the international modeling business and gives us a look behind the scenes of cooperation between model agencies. A deep look into the exciting world of modeling to understand how aspiring models can make their way.

• How modeling agencies work together

Find a good modeling agency? 3 tips

What to do if you have the dream of becoming a model? Model Agency One (MAO) offers the solution. Here you will find the best model agencies worldwide, whether in New York, Los Angeles, Paris or Tokyo.

• Find a good modeling agency? 3 tips

“The Model Book”: Now in German, English, Spanish & Co.

In “The Model Book” you will not only find a guide, but also a source of inspiration for your modeling dreams. Stephan Czaja’s dedication and passion for the modeling industry shines through in every chapter of the book and in this video. Whether you’re just beginning your modeling journey or looking to take your career to the next level, “The Model Book” is the key to your success in the exciting world of modeling. Let Stephan Czaja guide you along the way and get started!

• The Model Book – English
• The Model Book – Spanish
• The Model Book – German
• The Model Book – Italian

Tip! Listen to the book for free in the Model Podcast on Spotify, Deezer & Co.

• Model Podcast

Getting started in real estate: book tips & recommendations

Getting started in real estate as an investment is not that easy: buying your first property first of all means having to learn and understand a lot. Also, property types are varied, for example, there are types such as semi-detached, terrace apartment, maisonette apartment, timber-framed house and more. Here you will learn: How to get started in real estate (buying your first property)? We always refer to real estate for investment. Here you will be guided through six steps that will suggest you a structured approach to get started in real estate. So that buying property is soon no longer just an investment idea for you – but something that you successfuly implement alongside your everyday life. So we’ll help you become a landlord or buy a condo and rent it out.

Here’s another tip for you! Online you can find a lot of articles and tips on Lukinski.de. Here you can learn everything: from tax basics for asset accumulation, to real estate as a capital investment through renting, to saving taxes with real estate (external). Everything free of charge from the expert.

Tip! Overview Real Estate XXL

The world of real estate is complex and multifaceted. If you want to keep an overview and avoid making mistakes, you should prepare well and clarify as many open questions as possible in good time. No matter whether you want to build, buy and rent out a property or live in it yourself, or even use a property as an investment to generate passive income: The preparation is the A&O. Here you will find articles, as well as book and video tips with successful and helpful books and videos on the subject of real estate – including tips and tricks from professionals and experts.

• Book & Video Tips Overview: Real Estate

Buy real estate, rent & earn money

Rating: 4.5 / 5.0 (147 ratings)

The ultimate advisor for passive income from residential real estate.

• With a real estate yields of up to 8 % are possible (if the investor manages cleverly).
• Real estate is a stable investment – in the long run, an increase in value can even be expected.
• Who invests correctly, builds up a lucrative additional source of income, an optimal old age provision or even a completely new professional mainstay!
• The demand for housing is growing and there is no end in sight. Due to the housing shortage, higher and higher yields can be achieved, especially in cities.
• With a real estate investment you can save a lot of taxes
• Buy at Amazon

Tax Guide for Real Estate Investors

Rating: 4.3 / 5.0 (233 ratings)

The ultimate tax guide for private investments in residential real estate. Secure maximum tax advantages through superior knowledge!

• Maximum recognition of income-related expenses
• Realization of tax-free capital gains
• Tax advantages for listed properties
• Holiday real estate at home and abroad as an investment property
• Inheritance and gift tax (tax-optimised transfer to spouse & children)
• Bonus material: Excel tool for calculating return, financing costs and cash flow
• Buy at Amazon

A real estate millionaire in five years without start-up capital

Rating: 4.2 / 5.0 (387 ratings)

The ultimate guide to entrepreneur basics, investing, equity and managing money.

• 43 timeless laws of success, with which you become financially, professionally and privately more successful and achieve your goals.
• Precise step-by-step guidance to financial freedom so you can avoid frustrating mistakes while following your passion.
• In total, the book contains 668 Learnings that specifically help you enjoy a happier and more fulfilling life
• Proven strategies, tools and techniques to help you build passive income and a fortune (with real estate), even without any start-up capital.
• The secrets of rich, happy and successful people, presented in such an inspiring and practical way that you will be able to put them into practice even without any previous knowledge.
• Buy at Amazon

1×1 of the real estate millionaire: Guide to investing

Rating: 4.3 / 5.0 (257 ratings)

• The ultimate guide on how to become a millionaire in real estate.
• How do I build wealth with real estate and generate equity returns of over 30%?
• How to achieve high returns with very little risk?
• How do I choose the right object and how do I find it?
• How is real estate financed correctly and what mistakes should be avoided?
• How do I choose the right tenant?
• How do I deal with sellers and brokers?
• Buy at Amazon

DIY pension: passive income for retirement provision

Rating: 4.4 / 5.0 (274 ratings)

The ultimate guide on how to buy a home as an investment to create your own retirement.

• We’ll show you how buying a small apartment changed our lives.
• We teach you all the basics about how an apartment works as an investment: What advantages this form of investment offers and what is true about the typical concerns about rental nomads, expenses and financing risks.
• We describe a search profile and search procedure to find worthwhile and future-proof apartments.
• We’ll show you how to put homes through their paces, evaluate and price them.
• We will help you to convince the bank of your plans.
• We prepare you for the notary appointment and the transfer of ownership.
• Buy at Amazon

Passive income through real estate

Rating: 4.5 / 5.0 (122 ratings)

The ultimate guide to how you can profit by investing in real estate.

• This book is suitable for all private investors who would like to invest part of their assets profitably in real estate and for whom a direct investment in shares is out of the question because of the costs and risks.
• REITs are not non-transparent financial products, but rather those with a passive and transparent investment strategy that makes it possible to generate a regular income.
• This paperback book goes into detail about what is meant by real estate investment trusts. It explains in practical terms what REITs invest in and how distributions and income are treated for tax purposes.
• In addition, the risks of REITs are closely examined and contrasted with the opportunities.
• Buy at Amazon

Giving away & bequeathing real estate in a tax-optimised manner: regulating succession

Rating: 4.6 / 5.0 (63 ratings)

The ultimate guide on how to give away and inherit real estate in a tax-efficient way.

• Presentation of the legal succession with the consequences for the inheritance tax burden
• Optimal drafting of a will for the transfer of real estate to children and grandchildren
• Gifts of real estate during lifetime as a means of reducing the tax burden
• Protection of the donor of real estate through usufruct, right in rem and life annuity
• Annex with sample texts for the implementation of the strategies
• Buy at Amazon

Related links about the topic Real estate

Are you wondering how to buy, sell, rent or finance a property? What exactly does a real estate agent do? If you’re looking for answers to these questions, check out our advanced book lists with recommendations and reader reviews on real estate!

Successful investing

Successful investing is a dream of many people. But unfortunately, it is not as easy as it seems. How can you start as a beginner in the investment industry? What do you have to consider and which mistakes should you try to avoid? What is worth investing in? And what does the term “investment” mean anyway? We present you the best books on the subject of investment!

• Video Tips: Successful Investing
• Book Recommendations: Successful Investing

Let property

Renting out property is a great way to provide for your retirement and stop worrying financially. There is a lot of money to be made in real estate – how it all works is explained in the following books so you don’t make any mistakes!

• Video Tips: Rent out property
• Book recommendations: Renting a property

Sell property

You have already invested in real estate or inherited a house, and now you want to sell it for a profit? In this article we give you book tips on the subject of selling real estate! In this article you will find all the information about selling real estate – packed in book tips with which you can not go wrong.

• Video Tips: Sell real estate
• Book Recommendations: Selling real estate

Real estate agent

Earning money with real estate is a lifelong dream for many. Marketing and selling luxurious homes in the most beautiful cities in the world. That’s the image that comes to mind when we think of real estate agents. We want to show you the way to get there and give you a jump start. We offer you a list of the best book recommendations with tips and tricks from the experts: everything from training books, job aids with forms, and guides with how-to’s on getting started in real estate. Our guides to success in real estate.

• Video Tips: Real Estate Agent
• Book Recommendations: Real Estate Agent

Overview real estate XXL: Investment, broker, renting & Co.

Here you get back to the overview of book and video recommendations on the subject of real estate in Germany. Investment cases, capital investment, passive income, house or apartment buy and rent and much more is explained to you here by experts and understandable. In this XXL guide you will find information and articles on the most diverse questions on the subject of real estate.

• Back to Book & Video Tips Overview: Real Estate

Real estate, taxes, asset accumulation: review

My first experience with these free courses sucked me right in. In addition, there are still online courses by Alex Fischer for those who are already further along than I am and want to learn how to cleverly pack real estate into business forms, so that you can make the optimal tax construct work for you. After watching almost all of his Youtube videos on real estate (buying, selling, renting, appreciation & Co.) for weeks, I have now watched his book “Reicher als die Geissens” (Richer than the Geisses) for the first time – the title says it all! The bestseller now has over 200,000 readers. Alex Fischer is a real estate investor and after all I have experienced and learned in the last weeks and months: Exactly what I want. Real estate, freedom and a top management, with good tax model, behind it.

Do you already know the new tax coaching by Alex Fischer? Convert taxes into private assets, for entrepreneurs, self-employed and freelancers. Read more here: Alex Fischer experiences (tax coaching).

Field report from the book + strategies

In this article I want to tell you about the book “Richer than the Geissens”. After I have read everything and especially part 3 often several times, because of the high density of information, here is the review, complementary to the online videos and courses that you already get for free on Youtube. For beginners, beginners and beginners like me, perfect before it goes to the big tax coaching.

What do you get out of this field report?

• My motivation: The book has 3 parts, over 400 pages, I want to show you here my most important learnings
• My situation: I already have a little experience with real estate, but I am at the very beginning.
• My goal: I am an entrepreneur, have 2 companies and about 10 employees, my motivation is to get into real estate buying, selling and renting.

Now free on Spotify

Alex Fischer is the best! The whole book is now available for free on itunes and Spotify!

• Listen on Spotify
• Listen on iTunes

Who is the book for? Finance, Real Estate, Mindset

In his audio book you get 100 principles and 43 strategies for financial freedom, private and professional happiness. To give you a little insight into the book and the free podcast “Richer than the Geisses” on Spotify and iTunes, I have extracted individual learnings to whet your appetite for more!

• First edition published in 2016; audiobook is constantly updated
• 668 essential tips
• 43 ‘timeless laws of success
• 456 pages or 79 episodes in the audio book
• 3 parts (Mindset, Strategies / Tools and Building a Money Machine)

Many authors who deal with the topic of success and career are themselves on a quest. Alex Fischer has been through it all. Today he owns over 20,000 square meters of residential and commercial space in the Düsseldorf area, one of the most expensive cities in Germany. You can learn from someone like him! Therefore, my recommendation for all those who want to be successful in real estate (but also in life): “Richer than the Geissens” by Alex Fischer. Here you learn how to build up companies, how to run them successfuly, how to invest your own capital, how to buy your first real estate and how to run it as an investment tool. You realize your 1st real estate by effective strategies, which make it at all possible for you to build up sufficient own capital funds, in order to double your cash flow with it. That’s the big goal. The way to get there is step by step.

It is important to understand that this is only an extremely small insight into the audio book “Richer than the Geisses”. Because in total you can expect over 600 principles, “43 timeless laws of success to get off to a maximum start” and “14 concrete steps, how you can become a real estate millionaire in five years with 0 euros equity”.

What particularly intrigued me, as I am also an entrepreneur and looking for more success and cash flow – including through good employees, were the consequences success rule – customer & employee selection.

How should you listen to the podcast?

It’s best to distribute individual episodes or chapters over days. The audio book consists of 3 chapters. If you want to understand the principles and ways of Alex Fischer to have the greatest learning success, you have to take your time! Every single episode contains a lot of know-how. Therefore, we also recommend repeating important chapters.

Who’s Alex Fischer?

He is one of the best-known real estate investors in the German-speaking world. Alex Fischer started his career himself with 0 euros of equity. Due to his early, close connection to finance and trading, he started earning money on the side early on, in his youth.

Alex Fischer built up more and more equity and made his first experiences with real estate. In the meantime, he holds over 20,000m² of residential and commercial space in and around Düsseldorf. Well provided for, absolute financial, temporal and local freedom.

Alex Düsseldorf Fischer speaks from experience: he has bought, renovated and resold over 2,000 properties in the last 20 years.

He has made it his new goal to help as many people as possible with his insider knowledge to become financially independent and free! If you want to know how you can have success, happiness and financial freedom like Alex Fischer, then stream the free audiobook now! In “Richer than the Geissens” you will learn how to apply the 43 laws of success.

Extremely much know-how and story

Real estate millionaire Alex Fischer gives extremely deep insights but also personal ones. Like in episode 41: The Blind Swimmer. Whenever he’s about to give up, he thinks of this one, fascinating story of perseverance, his personal “perseverance doping”.

In short, it is about a man. He lived with his wife in India in the 70s. His wife fell seriously ill. Unfortunately, they lived at the foot of a mountain. There was no way over the mountain, which would have been barely a kilometer as the crow flies. Since there was no path, he had to walk around the base of the mountain with his sick wife in his arms. She died. He swore to himself that never again should a man lose his wife just because he couldn’t make it to the doctor in time.

So he began to cut down the first rock faces. After 22 years he milled his way through the cliff of the mountain with simple tools – what an achievement! After 22 years, he had actually built a walkable path. Not for himself, but for others.

For one thing, you learn will and perseverance from history. If he has such a great achievement, how can I get hung up on small problems? For another, the little story shows that being happy doesn’t depend on your own well-being, the environment is at least as important to a happy life. Mindset is everything. You see, it’s not just about entrepreneurial principles, it’s mostly about mindset!

Your goal: “With 0 Euro starting capital in 5 years to become a real estate millionaire.” – Alex Fischer

Mindset, tools and best practice real estate

The book has 3 parts.

1. Mindset and important basic knowledge as an entrepreneur of your life
2. Basic tools for you as a manager of your own life
3. How to recognize and build a money machine, here using real estate as an example.

But one of the most beautiful sentences at the beginning is this one:

“Suppose someone said, Alex you have 450 pages to pass on everything important to your son, what would you write down?” – Alex Fischer

To be successful, you need a lot of things. It is not a single note that you have to play, but a chord, a polyphony, according to Alex Fischer. According to Alex Fischer, after decades of searching, there are 43 regularities that you absolutely have to sound at the same time. Then you have fun and money. You can neglect 2, 3.

If you disobey more than 5 rules, you’re on the brakes. If you ignore more than 15, life is exhausting, tedious and frustrating. If you follow only 5 of these rules, you end up on the street. These 43 laws and principles are discussed in Parts 1 and 2. Some of them are millennia old laws and new modern principles. They are valid all over the world.

The biggest mistake, from his statement, all looking for a money machine. These are tons heavy and stand on large foundations, much EDP, much effort. Even if someone gives it to you, how will you install this big machine without its own foundation, without maintenance knowledge and how do you put it into operation?

Even if you have the machine, it’s useless without a foundation and maintenance. Central to this is an entrepreneurial foundation. If you ask entrepreneurs, they always talk about the money machine, not about the foundation, the logistics around it. Like a fish, you don’t notice the water around you unless it’s gone.

An example: 6,500 m² property (shopping centre) bought for 1.2 million euros. This investment has an annual target rent of 500,000 euros. That means the property pays itself off in 2.5 years, another year for the tax and from then on 500,000 euros cash flow comes annually for free disposal.

Shopping centre example & return of investment

• Purchase price: 1.200.000 Euro
• Surface area: 6,500 m²
• Target rent (year): 500,000 euros
• ROI: 2.5 years

Selfmade real estate millionaire

I’ve looked at a lot and have a favorite: Alex Fischer. Self-made real estate millionaire, down to earth, focused, very clear in his thoughts, ideas and structures. I’ve been following his Youtube channel for a long time. Then came his book, with stories and experiences from himself: Richer than the Geisses. Now the book is available for free, yes free! Therefore, here is my extra tip for all who also have the desire to make money with real estate.

Learn how you can build up a cash-flowing million-dollar fortune and thus make your life more and more relaxed, just by using your brains alone.

• Alex Fischer Tax Coaching – Application
• Tax Coaching Experiences – Participant Interviews

Part 1: Objective, content and mindset on money

One of the most interesting findings:

What is your individual goal?

What goals drive us as people, but also as entrepreneurs? In episode 6: Your personal real estate opportunities, Alex Fischer goes into the very basic goals that drive us, especially with regard to real estate. Anyone who listens to the podcast “Richer than the Geissens” is pursuing one goal in particular: earning money with real estate.

Later in the podcast, it goes much deeper into your mindset. At the beginning of the podcast it’s called “Identify your personal opportunities in the real estate market”, that is, which segments, opportunities and goals are meaningful for you personally?

In the podcast, Alex Fischer lists many different motives that can drive you, from worry-free retirement to cash flow through real estate in a big way. You want:

• Supplement your future retirement as effectively as possible,
• Convert taxes and duties into private assets,
• Earn or make a living with real estate brokerage,
• Generate additional cash flow before retirement,
• Be able to live out of the cash flow of the rental income or
• Like Alex Fischer, making a living in real estate.

Fundamentally, achieving your goals is about having a positive mindset. What do happier-than-average people have in common? They take their life, work, but also their relationships playfully, according to Alex Fischer. Why were Alex Fischer, Boris Becker, Michael Schumacher and also Reinhold Messner themselves sad?

“It was success that killed the game.” – Alex Fischer

Repeating this game is boring and no longer gives the same satisfaction. It feels like it’s all downhill from here on out. So “just” making more money doesn’t make you happy anymore. The big question:

“What makes you fun? What makes you happy?” – Alex Fischer

Your Purpose: Why you do something (higher goals)

Alex Fischer starts off by asking, “How the hell do you find your Purpose?” Episode 16, How to Find Your Purpose is about how you’re no longer “just” pursuing goals. You’ll learn what that means in Episode 16, here’s a little insight:

Henry Ford’s dream was that everyone should drive a car. With the assembly line, he transformed the car into a mass product for everyone. Steve Jobs wanted to give everyone a tool to make a dent in the universe. Currently, Apple ranks as the most valuable company on Wall Street with a stock market value of $920 billion. With computers, MP3 players but also the smartphone, Apple revolutionized the digital entertainment and mobile phone industry.

Changing Beliefs: Attracting Money (Success Seeks Success)

If you repeat something thousands of times, you develop a habit. Who suddenly decides against it and 2, 3 times a new concept, recognizes quickly that usually the habit prevails, so Alex Fischer in episode 21: Analyze your beliefs.

Like smokers, a thousand times the cigarette was “relaxed”, “delicious”, etc.. Suddenly you want to quit smoking. What happens? You decide 2, 3, 4 times against it and then you start smoking again. Simply because you have said a thousand times, “I want to smoke”.

Many carry the belief: “Money is bad”. Not exactly in this wording, but in this context.

Setting belief against belief does no good.

The solution is that “you dissolve old and outdated beliefs through awareness”.

Build and operate money machine (cash flow and reserves)

As described above, this review is about the 3rd part of “Richer than the Geissens”. Be sure to listen to Part 1 and Part 2 as well, or you won’t understand many of the principles and strategies in Part 3. I also streamed the audiobook in several stages. That is distributed listening to really internalize all the learnings, as well as repeats of individual, for me very interesting episodes.

Part 3 is all about building your money machine. In more than fifteen episodes, you’ll learn to create your own business model that generates passive income to the topic of real estate as an investment tool and… but let’s start at the beginning. Here are a few of the many, many learnings that you get in the podcast “Richer than the Geisses” from Alex Fischer himself.

But first, it’s important to set a big goal. You will quickly understand this goal while listening to the podcast.

“Thirty days off a month!” – Alex Fischer

This sounds unrealistic at first, but if you look at the passive cash flows installed step by step, this goal quickly seems reasonable. Because as we learned earlier in episode 43, “self-employed” and “entrepreneurs” are different. Self-employed people spend their time on money. Entrepreneurs create structures and machines that make money.

Small rivers become big ones: Development

How often do you face the problem: “You can’t see the forest for the trees”. A construction site here, a construction site there, in private life and especially as an entrepreneur. I myself found this quote, as short and simple as it is, extremely uplifting and motivating. In relation to my own work, projects but also to further aspects such as public relations or viral effects:

“Small rivers become big ones.” – Alex Fischer

As confusing as one’s own work often seems, especially when first setting up companies, everything gradually falls into place. Here, too, Alex Fischer brings many interesting aspects, for example this one:

• How much do you think you can do tomorrow? – You will overestimate yourself
• How much do you think you can do in a year? – You will underestimate yourself

Video: 10,000, 100,000… how would Alex Fischer invest?

What is the best way to invest your money? Which investments are really lucrative? What can you invest in to grow your money?

Part 2: Success as an entrepreneur: finances, customers, employees

1. Success rule, customer & employee selection
2. Is there a simple rule for success?
3. Pareto in application: Example customers
4. Finding Employees: A, B and C employees

Success Rule, Customers & Employees:

Part 2 deals with the basic tools for you as a manager of your own life. Based on his own experience, Alex Fischer shows which aspects are really important. In particular, the Parteo principle plays a central role in all entrepreneurial decisions from his experience: focus and select.

When you reach these episodes, you have already heard the first part in detail, some episodes even twice, three times. Here is a brief explanation of the setting that will take you to the episodes “Rule of Success, Employee Recruiting and Cash Flow”. Part 1 – Be happy through financial success. First of all, the audiobook and podcast “Richer than the Geissens” by Alex Fischer is about “being happy”, the “right mindset”, the Pareto Principle (or the mathematical formula), the relationship to money and earning money to the setup for success, the money magnet, money laws and your own account structure (keyword: “poor calculate” and build reserves). Part 1 of the book or podcast deals with your own beliefs.

A first Game Changer. Now starts part 2 of 3 with the basic tools for you, as a manager of your own life. Learning 1, which fascinated me: Is there a simple rule for success?

Is there a simple rule for success?

In episode 38: “How the Force is with You” author Alex Fischer dives extremely deep into the matter of his own ability. Not about typical entrepreneurial principles, but about physics and matter – interesting, especially for nerds like me. The big question:

“How do goals become reality?” – Alex Fischer

Goals can “become real”, they can materialize through your “own energy”. You can learn how this works in the podcast episode 38: How the power is with you! This link between natural law and fulfillment is extremely interesting and also shows you that there are always many small steps that lead to a result. Another phrase that I really want to give you as food for thought from Alex Fischer is: “Set high goals, then you have the least competition”. Here’s a reference to previous episodes where Alex Fischer mentioned Steve Jobs at a couple of points, the founder of Apple – at times the most valuable company in the world. Jobs didn’t want to create a simple product, Steve Jobs wanted “his customers to want to make a dent in the universe”. Another example is Henry Ford, he didn’t want to sell cars like everyone else, he wanted “everyone to be able to afford a car”. The rest is history. What do you learn from that?

“Set your goals high, then you’ll have the least competition” – Alex Fischer

Ingeniously formulated by Alex Fischer! But beware: Many set high goals, but do not invest long enough energy in it. Conversely to the learning before: How should your goal materialize if you do not invest enough energy? In short, everyone should ask themselves questions about their own experience. Can it be that you:

1. Didn’t keep things energized long enough,
2. You’ve been focusing your energy on the wrong things,
3. Directed the energy from the original goal to other things,
4. Directed your energy against other energy (swimming upstream)?

For more on the “materialization of goals,” check out Episode 38: How the Force Is With You.

Pareto in application: customers and financial resources

As a businessman, businesswoman or self-employed entrepreneur, you certainly know the Pareto Principle. But have you ever considered it as a mathematical formula? Alex Fischer goes into this principle and looks at it, at least for me, for the first time from a different perspective: Formula instead of principle! Because, more accurately, it’s not a principle, it’s a mathematical formula that doesn’t stop at the first step. The typical 80:20. If you think one step further, it becomes ingenious. Also on the already divided 80:20 can be separated individually again in 80:20. In the second step you take both results and divide them again in the ratio 1:5 or 4:5. So you get from the 20% with 4% (20% : 1/5) and with 80% you get 64% (80%: 4/5). Step 3 does the same, so you get 51:1. Listen to episode 13: If you do the same as everyone else.

Experienced entrepreneurs apply the Pareto principle in many stages.

• Step 1: 20% of the work provides 80% of the result
• Step 2: 4% of the work provides 64% of the result
• Step 3: 1% of the work provides 51% of the result

In Part 2, Alex Fischer delves deeper into this insight and applies it to customers. Hear more in Episode 39: Pareto in Application. Everyone talks about, “I’ll double my customers by next year!” If we think about the Pareto Principle, 20% of customers provide 80% of the effort, the “bad twenty,” according to Alex Fischer. On the other hand, there are 20% of the customers who provide good sales, the “good twenty”, your VIPs. They are where your focus is, all your energy. The “mid sixty”, the 60% in the middle are served, but you don’t want to invest much effort.

• Say goodbye to the “bad twenty”
• Automation of the “mid sixty
• Focus completely on your “good twenty”.

These “good twenty” will then become your 100% in the future – once again brilliant! If you go through with this, you will eventually only have customers that you love. Of course, the principle also continues with the renewed categorization into “bad twenty”, “mid sixty” and “good twenty”. If you repeat this principle mentioned by Alex Fischer for 3 years, you will increase your effectiveness by a factor of 50.

“3 years, effectiveness x50” – Alex Fischer

Finding Employees: A, B and C employees

Unfortunately, you won’t find the perfect employees for your company around every corner. Unfortunately, employees don’t grow on trees and you can’t create them on a 3D printer either. But if you want to succeed, it’s almost always a team game. Accordingly, you want to find good employees, preferably immediately and at least at the beginning, with the lowest possible acquisition costs and low costs for training. Learn in “Richer than the Geissens”, how you can search for employees, find and retain them in the long term, by selecting A-employees, . Many young entrepreneurs spend a lot of time with their employees, especially in the first few years, and vice versa, they are also in the company a large part of the week. The selection of applicants is therefore central.

A, B and C employees according to Steve Jobs

Alex Fischer explains what it means to categorize employees in Episode 35: Choose Your Partners Wisely. Here Alex Fischer goes into a very interesting point: categorizing employees for all the benefits I described above. For any entrepreneur in growth and in full process, choosing staff is critical to success and also making yourself happy. Basically, it comes down to this:

There are A, B and C employees

Steve Jobs provides the intellectual foundation here, which according to Alex Fischer (in brief), looks like this:

• A-employees are “rock stars” who keep the company going
• B-employees are “willing people” who go along but do not feel fully responsible
• C-employees are “brakemen and defeatists” and people who run in the opposite direction.

Steve Jobs rule: Only work with A-grade employees. This ensures long-term success. Also for existing staff: B-employees are either made A-employees or fired. C-employees are fired immediately. This results in another advantage, which Alex Fischer makes clear:

• A-employees hire A-employees; they hate B- and C-employees
• B-employees hire C-employees (probably due to feeling of superiority).

Pareto: Example employees

If there are too many B and (in the long run) C employees, your A employees will flee. According to Alex Fischer, only one C-employee can destroy the work of seven A-employees. Again, the Pareto principle applies on episode 13: If you do the same as everyone else, because:

• 20% of the employees do 80% of the trouble
• 4% make 64% of the trouble
• 1% is responsible for 51

The most important difference is that A-employees feel “responsible and as a causer”. Accordingly, they accept the error. B-employees and C-employees (abbreviated) do not feel responsible. C-employees even look for the fault in others.

Employee selection, the second big learning that I really wanted to give you.

With great power comes great responsibility

Another phrase that automatically stuck with me was translated into German: “With great power comes great responsibility!” The one or other Marvel fan, will know the sentence from the first Spiderman movie. Episode 48 on the podcast even has that quote as its title. Even though the episode has a different context, I really wanted to include this phrase because it’s very important to me personally – even a tenet of my faith. In fact, I included this guiding principle for myself a long time ago as well. When I am at presentations, this quote is always the introduction to the topic: “Responsibility for your employees”. Because not only personal development should be in the foreground, employees are extremely important and their goals and wishes must also be taken into account by good bosses.

Episode 48: With great power comes great responsibility is even more worthwhile for another reason, because at the end of the episode you get powerful tips in a checklist. At the end of the episode you also get a mega summary on the topic of marketing and sales knowledge.

Part 3: Making money with real estate

Be happy? Be successful? How does that work?! In “Richer than the Geissens” you learn from one of the best. In 3 parts it’s about your mindset, the right tools and the know-how to earn money through cash flow, passive cash flow, equity, your first property, and much more! So part 3 is all about building a money machine. Sounds good to me! In more than fifteen episodes you’ll learn to create your own business model that creates passive income at the beginning to the topic of real estate as an investment tool and… but let’s start at the beginning. Here are a few of the many, many learnings that you get in the podcast “Richer than the Geisses” from Alex Fischer himself.

1. Successfuly build and operate a money machine
2. PS for employees: Salary increase
3. Find & match goals, resources, strengths, industries
4. Earn money with real estate

Successfuly build and operate a money machine

As described above, this review is about the 3rd part of “Richer than the Geissens”. Be sure to listen to Part 1 and Part 2 as well, otherwise you won’t understand many of the principles and strategies in Part 3.

I also streamed the audiobook in several stages. That is distributed listening to really internalize all the learnings, as well as repeats of individual, for me very interesting episodes. Part 3 is then about building your money machine. In more than fifteen episodes you learn to create your own business model that creates passive income to the topic of real estate as an investment tool and… but let’s start at the beginning. Here are a few of the many, many learnings that you get in the podcast “Richer than the Geisses” from Alex Fischer himself.

But first, it’s important to set a big goal. You will quickly understand this goal while listening to the podcast.

“Thirty days off a month!” – Alex Fischer

This sounds unrealistic at first, but if you look at the passive cash flows installed step by step, this goal quickly seems reasonable. Because as we learned earlier in episode 43, “self-employed” and “entrepreneurs” are different. Self-employed people spend their time on money. Entrepreneurs create structures and machines that make money.

Digression – In “Reicher als die Geissens” (Richer than the Geisses) Alex Fischer draws a line between the term ‘being self-employed’ and ‘being an entrepreneur’. Self-employed people exchange their time for money by taking orders and doing work. You should be an entrepreneur! Why. Entrepreneurs build themselves a productive machine. This machine constantly and regularly throws off cash flow. That means, as an entrepreneur you shape your income in such a way that it is constantly increased without having to do anything yourself or directly. How this works is explained in the following episodes of the podcast.

So it’s all about achieving that goal of 30 days off a month. How do you get started? The best way is by taking the first step. By building money machines. Alex Fischer explains this in detail in the podcast. Because it’s through the money machine that you create passive sources of income.

What can such a passive source of income look like? He gives many examples. Here is a simple one, in which Alex Fischer tells about one of his acquaintances. This acquaintance deals in real estate. With every new closing, she directly offers even cheaper insurance. Thus she earns money with each conclusion by a signature and gets also in the future annually a commission, as long as the insurance is active. This is one of the many examples of passive income! In the podcast, Alex Fischer goes much deeper and gives several examples from different industries.

Collect passive cash flows

As with the well-known quote, many streams become a raging river, it is also for you to collect various passive money streams. So many that you earn yourself first free days. Your big and overriding goal is then 30 free days per month. So that you never again have to exchange time for money after Alex Fischer! Cost pressure and lack of passive cash flow, make you do things you don’t feel like doing. This cost pressure keeps you in the famous “hamster wheel and chains you to the ground”.

In Episode 54: Setting Up the Money Magnet, Alex goes over the money magnet again in much more detail.

At this point, you quickly realize as a listener that the money magnet will be extremely important, because no other tip repeats Alex Fischer in “Reicher als die Geissens”. This underlines how important it is to deal with the establishment of your own money magnet.

Digression – How does the money magnet work? Take 10% of your income (private) or 10% of your contribution margin (entrepreneur) and put it into a savings account. You never touch this account. In principle, the money magnet is so simple that it is easily underestimated, according to Alex Fischer. Mistake 2: Often it is destroyed again. However, tests and success reports have proven the success thousands of times. So that your money magnet functions you must consider these 3 rules. Rule 1) take 10% of your income (private) or 10% of your contribution margin (entrepreneur) and put it into a savings account. Rule 2) never touch this account! Rule 3) Never! Alex Fischer explains in detail on the podcast with stories from his own life why this money magnet changed everything for him. But he also explains that it’s not about this account making you rich. The account is about “attracting more and more money.” This account changes people’s mindset. Alex Fischer explains exactly how the money magnet works in episode 25: Building a Money Magnet.

In addition, you need to focus on activating passive cash flow, which gives you financial freedom. Because running costs take your breath away, like Alex Fischer in episode 55: Analyze and reduce costs. Only when you have enough passive cash flow, you can afford to increase your costs.

PS for employees: Salary increase

One point of the audio book I wanted to insert briefly for employees. The first question: Do you bring your company, your boss, profit? If so, ask yourself the second question: How often have you asked for a raise? PS: Of course, only if they are justified by your performance in the company.

Away from the podcast, I wanted to take a little look at current facts and figures with you. More specifically, the active demand for salary increases and promotions in Germany.

Statistics on salary increase and promotion

In the first survey from the Federal Statistical Office you can see the distribution of men and women who have actively asked for a salary increase. The result: less than half of the employees have ever asked for a salary increase! The distribution between men and women is almost equal. Men have a small lead of +4%.

• Women / Yes: 44 % (-4%)
• Men / Yes: 48 %
• Women / No: 56 % (+4%)
• Men / No: 52

After looking at the question of who has ever asked for a raise, here’s another look at career goals, or actively asking for a promotion. The survey by the Federal Statistical Office asked the following question: “Have you ever asked for a promotion at work?”

You can find more statistics at Statista

In audiobook episode 56: Increase income and creative time according to Pareto Alex Fischer gives good tips for those who are not yet self-employed or have their own business. Central to this is the big question, “Where does my salary actually come from?” A real food for thought for those employees who previously think that they are “only” paid by the hour. A fallacy, because you end up getting paid by results as an employee. Just like in physics:

Power = Work / Time

Want to increase your value in business? Be sure to listen to episode 56: Increase income and creative time according to Pareto.

In order for you to bring the best added value, you need to know 1) what your goal is 2) what you can do 3) who you know and 4) for whom your setting of goals, strengths and resources is most valuable. Another learning from Alex Fischer that I want to show you in short form. In total, the following section consists of 5 episodes of the audiobook:

Find & match goals, resources, strengths, industries

Each episode contains many tips, what I want to give you here is just a small, small insight with strong learnings from the beginning of the 3rd part of “Richer than the Geisses” by Alex Fischer. In the next episodes it is about being clear about your goals (what you have already learned in the first two parts).

For this, according to Alex Fischer, you need a detailed resource list, supplemented by a detailed list of your strengths and an industry market directory. Once again summarized, in the next episodes it is about:

1. Purposelist
2. Resource list
3. Strengths list
4. Industry Market Niche Directory

4 steps and 4 lists

Since you already know your purpose (listen to episode 16. How to find your purpose) or at least the technique you can use to find your purpose, the review continues directly with episode 58. In this audiobook episode Alex Fischer deals in detail with resource planning. Basically, resource planning is important so that you know your own assets. Simply put: Who do you know? What can you organize (through your contacts)? You want to find out what your resources are, then listen to episode 58: Your Resource List.

Now follow your strengths, how you identified them and how long such a list can be (spoiler, with Alex Fischer it was 5 pages at the end), the more accurately you can immediately assess in the analysis, what added value you can bring to customers. Find your strengths and categorize them, you will learn how to do this in episode 59: Your strengths list. With the knowledge of your purpose, your resources and your strengths you go to the last step, the alignment of these assets with the industry market niche directory. You’ll learn where to get The Industry Market Niche List and how to find your market niche in Episode 60: The Industry Market Niche List.

Match: Your market niche

The big goal in the process:

“Know your market!” – Alex Fischer

Find your place that guarantees you the cash flow you need for the equity of your first property. Through the targeted processing of the 4 lists, the subsequent assessment of individual areas and their evaluation, you will find the “gap” that makes you successful.

It doesn’t always have to be a world-changing idea like the iPhone. For example, the hairdresser could keep his ears open and cooperate with a real estate agent. If one of his numerous customers wants to sell a condominium, a house or even an apartment building, he or she would get a lot of commission as a tipster without investing any additional significant work.

Another example on the topic of resource planning and “Strengthen your strengths” by Alex Fischer: Even for unemployed people there are opportunities to independently build up passive cash flow and their own profitable business to generate equity. An unemployed person, who was supposedly not always lucky in life, has on the other hand very good contacts to other unemployed people through unemployment. That is, he or she has know-how of forms, procedures, appointments, measures, etc.. In addition, he or she knows some or even many other unemployed people. Wouldn’t this be the chance to build an own machine (keyword: digital information products)?

The more points you find, the more new points you will think of that you bring as strengths and resources! Organize your assets and find your market niche in Episode 60: The Industry Niche List.

You can hear everything else and much, much more in the podcast!

Earn money with real estate

Now here are 15 more extremely interesting and informative episodes. Your first equity, increasing cash flow to your first property and much more! For example, in the coming episodes you will learn the answer to the question: How does a property work as an investment tool?

But before that, you’ll get some good best practice examples from Alex Fischer’s environment: From the automation of information products to the use of roof space in the real estate sector, barrel ends for advertising, shared room rental through apartment division and permitted subletting in the lease, there are fact after fact and story after story. This much more follows from episode 61: Increase Cash Flow.

Universal, timeless recipe for success

The podcast contains so many universal and timeless recipes for success! It’s best to write along and always take diligent notes while listening. Here is a very memorable quote from Alex Fischer from these episodes that I made a note of:

“Strengthen your strengths!” – Alex Fischer

Here I want to point you once again to the universality of the audiobook “Richer than the Geissens”. For private individuals, employees but also entrepreneurs who already generate decent cash flow, the book and audio book is a strong and (for the subject) compact guide.

Press commentary

To build wealth and prosperity, I recommend Alex Fischer. His content density and expertise are simply incredible.

Dirk Kreuter (Europe’s No. 1 sales trainer and Speaker of the Year 2011)

Alex Fischer has extremely accelerated my personal and business development. His book shows a well-structured map with shortcuts to your goals. Grab it!

Hendrik Klöters (Founder of AMRAP Fitness and the Entrepreneur Channel

Alex Fischer is a lateral thinker. The knowledge in his book goes far beyond real estate investments. It shows you how to become successful and happy in your professional and private life.

Kris Stelljes (Internet millionaire and YouTuber)

Book Recommendations: Building property, guidebook, financing & co

Here you will find books by professionals, all about building real estate. They will help you finance your dream home and show you what you should pay attention to. Buy or build? Both options have their advantages. Most people ask themselves this question. The answer depends of course on personal requirements and financial possibilities. Here you will find tips on the topics: What your own property may cost, how you earn money with equity and everything around the topics of financing.

Tip! Overview Real Estate XXL

The world of real estate is complex and multifaceted. If you want to keep an overview and avoid making mistakes, you should prepare well and clarify as many open questions as possible in good time. No matter whether you want to build, buy and rent out a property or live in it yourself, or even use a property as an investment to generate passive income: The preparation is the A&O. Here you will find articles, as well as book and video tips with successful and helpful books and videos on the subject of real estate – including tips and tricks from professionals and experts.

• Book & Video Tips Overview: Real Estate

Earn money with residential real estate: Private real estate investor

Rating: 4.5 out of 5.0 (914 ratings)

You too can be successful with investments in residential real estate! In this book, the trained lawyer and banker Alexander Goldwein explains understandably and with concrete examples, how you can build a fortune with residential real estate and achieve financial freedom. The reading assumes no previous knowledge and is also suitable for beginners. Bestselling author Goldwein has become a self-made millionaire in just a few years with investments in residential real estate. Several of his guidebooks on real estate are #1 bestsellers on Amazon.

In this book you will learn concretely:

• Strategies for safe & profitable investment in residential real estate
• Tracking down lucrative income properties even in tight markets
• Basics of real estate valuation and purchase price determination
• Checklists for professional examination & negotiation strategies for the purchase
• Strategies for optimal financing and leverage of return on equity
• Calculation of cash flow & return with the Excel calculation tool available as a bonus
• Tax-optimised management & realisation of capital gains
• Practice-relevant basics of real estate law (including the particularities of rented condominiums)
• Practical basics of tenancy law (including regulations on rent increases)
• At Buy on Amazon

Immobilien Ratgeber: Investment property

Rating: 4.7 out of 5.0 (58 ratings)

What you will benefit from reading this real estate book:

• The author explains how to finance investment properties with and without equity capital
• Learn where to find investment properties in A & B locations
• The biggest mistakes when buying real estate are revealed to you so you can avoid them from the start
• You get strategies that make worry-free investing possible
• You will be shown the best tips for saving taxes with the purchase of real estate and much more!
• At Buy on Amazon

Real estate financing: The right strategy

Rating 4.5 out of 5.0 (53 ratings)

For owner-occupiers of a property, it is all about the favourable financing of the property. For capital investors, it’s about the best possible financing conditions for the rented property. With this pocketbook you will find out which financing plan is suitable for you.

The guide answers all the important questions about money for a house or apartment, whether for initial financing, modernization or follow-up financing.

• Income and equity ratio: how much house can you afford?
• Interest rate strategies: How long are you tying yourself down for, and which lender has the lowest mortgage rates?
• Repayment Strategies: As an owner-occupier or landlord, what repayment percentage is best for you to choose?
• Financial aid: How do you use money from KfW and Wohn-Riester when financing your own home?
• At Buy on Amazon

Our owner’s manual

Rating: 4.3 out of 5.0 (28 ratings)

The market leader in house building, construction projects and home financing shows you the safe way to your dream home. Whether renovating, refurbishing or modernizing, here you will find your time and cost plan. “Our Builder’s Handbook” is the reliable companion with checklists, sample invoices and concrete planning aids.

Our building guide shows you how to find and buy the right plot of land, how to work out your financing concept, obtain building permits and select the building services. You will get an overview of the current real estate prices, loan conditions, the usual operating costs and the jurisdiction of real estate agents.

Find out everything about smart homes, modern energy concepts for heating and hot water, intelligent control technology and new developments in the field of healthy building materials. With this guide, you can make the right decisions and meet architects, tradesmen and banks at eye level.

• At Buy on Amazon

Building! The great practical handbook for builders

Rating: 4.5 out of 5.0 ( 27 ratings )

Step by step and safely into their own four walls: The large practical handbook “Bauen!” accompanies builders on their way – from the initial considerations through the entire planning and building process to acceptance and moving in. The high level of expertise of the consumer advice centre, the large scope and the very practical orientation make the guidebook the standard work for all builders.

• Numerous checklists help not to forget anything and to check everything thoroughly
• Knowing and eliminating all risks – in financing, contract design and all approval procedures
• Building with ecological building materials, modern building services and innovative energy concepts
• Avoid building botches in a targeted manner: practical checklists for each trade help with quality control With all the important new regulations on construction contract law 2017.
• At Buy on Amazon

Cost and contract traps in construction

Rating: 4.4 out of 5.0 ( 11 Reviews )

Find and eliminate cost and contract traps! Almost everyone who wants to build has a queasy feeling about costs. You have heard too much about cost increases on construction sites. And rarely in life do you enter into such far-reaching contracts as you do when building. Both together hold high risks: Cost and contract traps can provide for quite substantial difficulties or even endanger the entire building project. This guidebook is aimed at all builders who are buying a prefabricated house, building a turnkey solid house or planning with an architect. Over 160 check sheets help to specifically eliminate expensive cost and contract traps when building

• Land purchase check sheets: from development options to legal encumbrances and restrictions – what you need to know and should check.
• Check sheets architect: from the scope of services of the architect to the planning of the house – what you should regulate.
• General contractor and prefabricated house provider check sheets: from building specifications to construction costs – what you need to agree and check.
• Practice shows that many plans, building specifications and contracts are incomplete, inaccurate and very risky for consumers. The guidebook helps to recognize these major and cost-intensive risks and to take targeted countermeasures.
• At Buy on Amazon

Financing my property

Rating: 4.6 out of 5.0 ( 10 Reviews)

If you want to avoid risks and pitfalls when making the biggest investment in your life, you should be fully informed. Competent, concrete and easy to understand, this guide supports builders and future real estate owners
with your individual financing and guides you step by step to the right construction financing.

• Personal financial planning: determine needs, financial resilience and total costs
• Financing options: Bank loan, building society contract and other forms of financing.
• Subsidies: take advantage of low-interest state subsidy loans and “Wohn-Riester” housing subsidies
• Land charge and mortgage: How are real estate loans secured?
• What should be considered during the repayment phase?
• Practical aids: Calculation examples, checklists and a glossary on real estate financing.
• At Buy on Amazon

Purchase and construction of a prefabricated or solid house

Rating: 4.3 out of 5.0 (4 ratings)

This guide was developed directly from construction practice and helps you with many checklists, annotated sample contracts and practical tips:

• Buying a plot of land: what matters and what is important for buildability.
• Wood or solid? The different types of construction and building materials.
• Basement or floor slab? Advantages, disadvantages and costs. – Electrical, heating, plumbing and ventilation: choosing the right building services.
• Search for suppliers and conclusion of contracts: all important legal bases for prefabricated house, solid house or property developer purchase contracts.
• Contract attachments: why building specifications and plans are so important.
• When things get going on the construction site: an overview of the construction process and construction supervision.
• Acceptance and warranty: securing important claims. Turnkey into your own four walls Anyone who wants to build a house often decides in favour of a prefabricated house manufacturer, a solid house provider or a property developer.

Depending on the construction partner, the legal differences are quite considerable and there are also many other things to consider throughout the planning and construction process – in order to avoid cost explosions, poor construction quality and risky contracts. Our large practical handbook accompanies you step by step so that you can safely reach your goal.

• At Buy on Amazon

Further links

You want to buy your own property instead of building it? But you don’t know how or what you have to consider to buy your dream house? The best thing about your property is that you can save money or even make money. In these other articles you will find tips that will help you to make these things possible without making big mistakes.

Entry into the real estate industry

Do you want to enter the real estate industry? Here you will find tips and important know-how on how to become successful in the real estate world. How do you get started in the real estate business, what mistakes and risks are there and how can you avoid them? We enlighten you! Here you will find the best books that explain how to become rich in real estate.

• Book Recommendations: Entering the Real Estate Industry
• Video Tips: The real estate industry

Real estate financing book recommendations: Loans, financing without equity or building savings contract, tips.

Real estate financing – You want to buy a property, but do not know how you can finance your dream? Terms like loan, interest, credit, repayment or building society contract only raise more questions for you? Here you will find all the important information on the subject of real estate financing: from financing with equity to financing without equity to applying for a loan, we cover all the important topics!

• Book Recommendations: Real Estate Finance
• Video Tips: Real estate financing

Overview real estate XXL: Investment, broker, renting & Co.

Here you get back to the overview of book and video recommendations on the subject of real estate in Germany. Investment cases, capital investment, passive income, house or apartment buy and rent and much more is explained to you here by experts and understandable. In this XXL guide you will find information and articles on the most diverse questions on the subject of real estate.

• Back to Book & Video Tips Overview: Real Estate

Richer than the Geissens: Alex Fischer

Rating: 4.7 / 5.0

This real estate course book should be known by anyone involved in any form of real estate, because the knowledge in these videos is the foundation to being a successful real estate investor. The goal of the book: to give you all the tools and beliefs to achieve your personal, professional and financial goals.

• People with 0 Euro equity with status employee or co-worker
• Persons with initial, small equity reserves of 50,000 euros
• Also people who already own 1, 2 properties and want to learn how real estate works as an investment tool.

Book for free (save 29,95 Euro; shipping only): Richer than the Geissens

We have shared many magazine / real estate recommendations from this book ourselves. Among others:

• Financial freedom: Be happy
• Formula for success: Become independent
• Money machine real estate: passive income
• Cash flow and 7-contact rule
• Money, beliefs and financial patterns

The real estate system: Thomas Knedel

Rating: 4.5 / 5.0

“Das System Immobilie” by Thomas Knedel, real estate investor, manager, book author as well as initiator and operator of the network Immopreneur is the first book that combines all important topics regarding real estate investments:

• The Know-How
• The experience and
• The practice of 20 other real estate investors, e.g.
• Gerald Hörhan (Investmentpunk)
• Andreas Sell (the richest janitor in Germany)
• Diana Herein (also worth starting late)
• Stephan Steup (Cashflow Junkie)
• Pauls Misar (Entrepreneur and investor for 25 years)
• Waldemar Merkel (young investor)

Buy book: The Real Estate System

The 1×1 of the real estate millionaire

Rating: 4.4 / 5.0

Learn to think and act like a real estate investor and achieve your financial freedom. It doesn’t matter at which economic level you start building up wealth, as long as you follow all the rules presented. Author Dr. Florian Roski is an investor and start-up consultant and lives in Nuremberg.

• How do I build wealth with real estate and generate equity returns of over 30%?
• How to achieve high returns with very little risk?
• How do I choose the right object and how do I find it?
• How is real estate financed correctly and what mistakes should be avoided?
• How do I choose the right tenant?
• How do I deal with sellers and brokers?

Buy book (19,95 Euro): 1×1 of the real estate millionaire

License to be a real estate tycoon

Rating: 4.4 / 5.0

25 Years of Knowledge & Experience in One Book: Paul Misar has built a real estate fortune on his own, learning from the best mentors in the world. . Paul Misar’s new book “License to be a Real Estate Tycoon” you should check out for 4 good reasons it pays to invest in real estate:

• (In old age) live out of real estate assets & bequeath assets
• Creating tangible assets – rented property is an excellent capital investment
• Create and grow wealth cheaply without inflation risk
• With almost no (or little) equity, build real estate holdings and a money machine.

In the book you will learn many tricks like “The New York Method”: With it I transformed unusable location areas into exclusive living landscapes and became the first loft millionaire in Europe.

Book for free (save 29,95 Euro; shipping only): License to be a Real Estate Tycoon

Passive income through real estate

Rating: 4.3 / 5.0

William Lakefield, born in 1964 to a German mother and a US father, has close ties to both America and Germany. In the meantime, his assets are in the double-digit millions. His main goal in trading has therefore long since ceased to be the increase of his fortune. He now wants to help other people to be just as successful and pass on his experience and legacy to them.

• Finding the right property / the right real estate fund
• Promising real estate stocks – for beginners and advanced investors
• Crowdinvesting & ETF (advantages and disadvantages, the best strategies)
• Correct letting through clever tenancy agreements

Buy book (13,90 Euro): Passive income through real estate

Immo Cashflow Booster (Online Course)

Rating: 4.3 / 5.0

Also here you will learn methods and strategies, the extremely important basics, you need to know in any case, so that you create secure cash flow and do not gamble away money. How you find the right tenants and that completely automated. I’ll give you a surefire guide on what to look for in tenant selection. It’s all about renting and leasing or subletting apartments.

• Immo Cashflow Booster – the basics
• Cash Flow Strategy System
• Booster Pro System
• Furnishing Booster
• Tenant Magnet
• Automation booster
• Tax Insider
• Instant Start Guide
• AirBnB Study

Buy Course & Audiobook: Immo Cashflow Booster

Passive income from real estate for retirement provision

Learn to buy a small apartment as an investment. Become a landlord and create your own retirement!

• The book shows you how buying a small apartment changed our lives
• The book teaches you all the basics about how an apartment works as an investment: What advantages this form of investment offers and what is true about the typical concerns about rental nomads, expenses and financing risks.
• The book describes you a search profile and a search procedure to find worthwhile and future-proof apartments.
• The book shows you how to thoroughly inspect, evaluate and calculate the value of your home.
• It will help you to convince the bank of your plan
• It prepares you for the notary appointment and the transfer of ownership

Buy book (19,90 Euro): Passive income from real estate for retirement provision

Money and Beliefs – Podcast episode #21-24

Important: Currently the book is only available in Germany! I speak German and discovered this book or audio book two weeks ago. Even if you wouldn’t understand a word in the podcast, I wanted to introduce some of the methods and strategies to you!

Have you ever heard of the Amazon top seller “Richer than the Geissens” by Alex Fischer? The book by real estate millionaire Alex Fischer impressively shows how to use principles, methods and strategies to create financial freedom for yourself. Financial freedom means more than “just owning money”, through it you can be creative and design. Even better, you can become happy!

“Richer than the Geissens” – already read / heard ?

If you don’t have a mentor who has become a millionaire from scratch, you absolutely have to fall back on the knowledge and strategies of people who have experienced all this and, above all, managed it! Alex Fischer belongs exactly to this people who have made it, Selfmade. Through real estate trading he has already provided for decades and now he passes on his knowledge, not only in the form of the book, even completely free on Spotify and iTunes. So everyone can learn how it works, regardless of income.

I want to take you with me today in a few episodes that will show you how important it is to rethink your own relationship to money. If you are interested in financial patterns, money and beliefs and you want to become successful yourself, start now with the podcast of Alex Fischer on Spotify and iTunes.
People follow financial patterns. Influenced by the environment or determined by themselves. Financial patterns ensure that we do not exceed a certain level. Envy thoughts towards wealthy people or the own relation to money and proverbs like “money stinks”. To tackle this mindset piece by piece for us readers and listeners, Alex Fischer draws in episode 21: Analyze Your Beliefs – Can I have it a comparison to Gordon Gekko, from Wolf Of Wallstreet, a film that changed an entire generation of entrepreneurs in the 80s, including the corporate culture.

Why is having money always so negative? How do you change this (and other) beliefs?

“Greed is good” – A mistake?

Gekko’s central sentence: “Greed is good” (from the film: The Wolf Of Wallstreet). This also changed the view of the people of a broad public to those who make money.

These are the learns from The Wolf Of Wallstreet, what do you think?

1. way from customer value (value for the customer)
2. Away from employee Value (value for employees)
3. to shareholder value (Only the value of the investors counts)

According to Alex Fischer, the reference to money was different before the 80s. The change in corporate culture, away from customer and employee value to shareholder value à la “greed is good” brought money into disrepute.
If you repeat something thousands of times, you develop a habit. If you suddenly decide against it and start a new concept 2 or 3 times, you will quickly realize that the habit usually prevails, according to Alex Fischer in episode 21: Analyze your beliefs.

As with smokers, a thousand times the cigarette was “relaxed”, “tasty”, etc. Suddenly you want to stop smoking. What happens? You decide against it 2, 3, 4 times and then you start smoking again. Simply because you said “I want to smoke” a thousand times.

A lot of people believe that money is bad. Not in that exact wording, but in this context.

It’s no use going one belief against another.

The solution is that “You dissolve old and outdated beliefs by means of awareness”. For this you must 1. recognize what the dogma is and 2. know when and why you did it. Through these two steps you will really become aware of your beliefs. So you understand why you think the way you think. You dissolve old beliefs and replace them with new ones. By becoming conscious, an old, outdated dogma can no longer be used against your new and current dogmas. Release your brakes!

You can find out how to release your mental brakes in the “Richer than the Geissens”-Podcast episode 21: Analyze your dogmas.

You can also find more tips, checklists and videos about Mindset & Co. for free in the member area of Alex Fischer.

Hidden connections and laws

He who believes in chance, has lost. Every action leads to a reaction. Everything has a cause and an effect. “If you have no money, there is a cause. “If you have no relationship, there is a cause. If you are unhappy, it has a cause”, says Alex Fischer.

Here, Alex Fischer learned from one of his mentors that people get angry too often about the symptoms instead of looking behind them to ask themselves the “really right question”. But what is the “right question”? The really right question is: What things do I cause without knowing it?

Just because I cannot recognize a supposed connection does not mean that it does not exist. Nothing is created by chance, why and how does Alex Fischer discuss in episode 22: Everything is cause-effect.

In this episode you learn to recognize and explore laws, even if you cannot see them.

But there are not only your inner factors, external factors also play a role in your success. Therefore a quick look at episode 24 of “Richer than the Geissens”.

Identify problems and forces

In Episode 24: When you swim upstream on the Rhine Alex Fischer once again goes deep into his own mindset. It is about identifying problems and efforts and counter-currents.

With your own mindset you often get in your own way. If everyone has a problem, then it is again quite “Nnormal”. Therefore it is not always so easy to recognize problems. If you as an entrepreneur spend a lot of time with other entrepreneurs and everyone has a problem, you think That’s just the way it is. Alex Fischer concludes two factors for you:

Alex Fischer began to analyze hundreds of companies and describes the general concept of effort through physics, more precisely “every force generates a counterforce”. This culminates in the fact that whenever you exert force, counterforces are present.

Everything has to be built up with effort in the beginning, but it doesn’t have to stay that way. But how do you find these forces and how do you proceed to have even the small counter current? Permanent effort or let it carry you?  Listen here Episode 24: When you swim upstream on the Rhine.

“In 5 years without equity to become a real estate millionaire” – here you get the right and important tools for a happier and fulfilled life, also through financial freedom. Alex Fischer is living it up, with real estate he himself has already provided for a long time. His focus is on passing on knowledge, strategies and success stories. An extremely inspiring audio book. You want more Know How? Become a part of the Alex Fischer Community. or watch direct and free videos from Alex Fischer on Youtube.

“Richer than the Geissens”: Book and audio book

With over 200,000 readers, “Richer than the Geissens” is mega successful, for good reason. It is also in the top 100 at Amazon! In a nutshell, you get 43 timeless laws of success with which you can become more successful financially, professionally and privately. You learn to reach your goals, to “materialize” them (what this means, you learn in the book). You will receive exact step-by-step instructions for your own personal financial freedom. This way you avoid really frustrating mistakes right at the beginning. As a private person and/or as an entrepreneur, you will learn from Alex Fischer how to avoid these fatal mistakes and at the same time follow your passion – every day! The book contains hundreds of learnings that will help you to live a happier and more fulfilled life. Best of all, you can get the audio book for free on Spotify and iTunes!

• Podcast on Spotify
• Podcast on iTunes
• Book on Amazon

Richer than your mind: Mindset, Purpose, Real Estate & Co.

Important: Currently the book is only available in Germany! I speak German and discovered this book or audio book two weeks ago. Even if you wouldn’t understand a word in the podcast, I wanted to introduce some of the methods and strategies to you!

With over 200.000 readers and various top rankings on Amazon, e.g. 2nd place among career books, the book “Richer than the Geissens” was and is a complete success! So successful, that author Alex Fischer decided to make the audio book available for free to everyone in the future, regardless of whether one can afford it or not. On Spotify, iTunes and other podcast apps you can now learn the strategies of Alex Fischer! He himself has been a real estate millionaire for a long time and holds more than 20,000 square meters in and around Düsseldorf. He wants to pass on his knowledge and timeless wisdom to the next generation of entrepreneurs, but also to all those who are just starting out. And completely free of charge! Your chance for a happier life with financial freedom and lots of know-how about real estate.

In the first of three parts of the book or audiobook you will learn how to form your own mindset. After all, success does not come by chance. Alex Fischer builds a solid foundation for you from principles and strategies of success. These help you – simply put – to achieve financial freedom. The big goal, in five years to become a real estate millionaire with 0 Euro equity! Are you with us?

Here is the second part of my book review of the entry into the business top seller “Richer than the Geissens” by Alex Fischer with learnings that have inspired me. First of all, the Purpose.

Alex Fischer begins by asking, “How the hell do you find your purpose?” In episode 16. How to find your Purpose. It’s about you no longer “only” pursuing goals. You’ll learn what that means in episode 16, here’s a little insight: Henry Ford’s dream was that everyone should drive a car. With the assembly line, he transformed the car into a mass product for everyone.

Steve Jobs wanted to give everyone a tool to make a dent in the universe. Currently, Apple is the most valuable company on Wall Street, with a market value of 920 billion dollars. With computers, MP3 players, but also the smartphone, Apple revolutionized the digital entertainment and mobile phone industry.

Steve Jobs Spirit

What is noticeable episode after episode is the spirit of Steve Jobs. Not only has he changed the world, but part of Alex Fischer’s world has influenced the legend. You can feel that and so there is also some entrepreneurial wisdom from Steve Jobs and insights into the structures of Apple – at times the most valuable company in the world today. Alex always loved the vision of Apple. Apple has changed an entire generation:

“Our customers are the creative and the rebels. We build them the cool tools they need to make a dent in the universe.” – Apple Inc.

This is where Alex gives the tips you need to know to have the knowledge to make dents in the universe. What you learn here in this book is how to build a real freedom and money machine. Knowledge that is often missing from academic paths:

applicable, financial and entrepreneurial education. The missing subject, success in life.

If motivation is lost…

Henry Ford and Steve Jobs had found their purpose. One wanted the car for everyone, the other wanted its users to “make a dent in the universe”.

Alex Fischer also had a moment in life, as he describes in episode 16. How to find your purpose where he lost his drive. He had reached his goal, he made a lot of money with real estate. Alex Fischer had found a way to make a lot of money, real estate, but he still lost the motivation to get up in the morning. A real problem, which every businessman knows. So you become lethargic and demotivated. The reason for a burnout, according to Alex Fischer.

Being happy without goals?!

In the “Be Happy” section, Alex Fischer found out that the most important thing is to pursue his own personal, challenging goal that is as helpful as possible for his own environment. Conversely, if you stray from your goal, this means that you don’t feel happy, or rather, you don’t feel pleasure and you will hate what you are doing at some point.

If you think about goals, then above all about those that you have not reached. Now comes the big clou, the brilliant idea. His thesis:
<“Happiness is on the opposite side of what I don’t want.” – Alex Fischer.
By writing down in a structured way the things you don’t want, don’t like, even hate, in a list you can find exactly the things you want. This way you can use the negative thoughts to formulate the exact opposite of what you want.

Is “goal” equal to “goal”?

Here is a short plug-in from the later episodes of “RADG”. In German the word Ziel stands for the achievement of something. In English there are many definitions that describe a goal, but are to be interpreted quite differently. “Aim”, “target”, “goal” but also “purpose”. Purpose means translated “purpose”, “to intend something” or “to aim at something”. But Purpose is also translated as “task”, further even as “purpose”.

So how do you find your purpose?

What is the big problem when to look for targets? I know this story by Alex Fischer all too well myself. If you think about “goals” and where you see yourself in the future, you often only find the goals you didn’t achieve. It’s frustrating.

Alex Fischer makes a virtue out of necessity, that’s how Alex Fischer got on his “hate list”.

In short: Alex Fischer wrote a list of things he no longer feels like doing. So that they no longer buzz around in his head, but are written down. The name of the list:

“What I don’t like to do. What I don’t want to do anymore. What I really hate to do!” – Alex Fischer

While writing, he noticed that as hard as it is to find things you want to do (goals with a view to all the goals you haven’t reached), it was just as easy to write down things you no longer want to do. The “Dislike List”. The big advantage of this list, because all this out of his head was now on paper, he feels “free as never before”.

Here’s the kicker. Take the things you don’t like and turn them into positive beliefs. An example from the book: “I don’t like doing the same thing over and over again”. Conversely, this means: “I like to find out and apply new things over and over again”. Or “I hate giving my advice to people in sales who don’t appreciate it”. Conversely: “I love giving advice to people who appreciate it”.

This makes it clear what you enjoy and what you do not enjoy. Soon it becomes clear to you and also to Alex Fischer that it was not the job you don’t like, but only individual aspects.

So you make your dislike list

1. Set up a 2-column Word document or fold a A4 paper upright in the middle
2. Label the left column with the caption “Do things I don’t like, frustrate or hate”
3. Start to write down everything you don’t like in the left column, until you can’t think of anything else. Take all areas of life, not only the job, but also relationships, family, friends, hobbies, etc.
4. If you really, really can’t think of anything else, you should have several pages now – Tip: Alex Fischer had 3 pages
5. Sort similar things and put them under a common denominator such as “Things I don’t like because I feel overqualified for them”. But leave all the individual items underneath, you will need them later to go into more detail when you work through them.
6. First if you really can’t think of anything else and the elaboration including headlines, summary, then go to 7th
7. Formulate the points on the left now bluntly to think without objective or problems. That is, exactly the opposite, on the right side.
8. After you finish, look again over all the formulated points
9. Think about your purpose for the first time now, from this you create your formulations (explained in more detail in the podcast or book)
10. … listen to the other 6 points in the podcast: How to find your purpose

In the podcast and book, Alex Fischer goes into the elaboration in great detail, gives examples and best practices from his life. Tip! In the podcast you also get current, additional comments that you won’t find in the book!

Great: How to change your mindset

Alex Fischer realized that he didn’t hate his job (dealing in real estate), but only individual areas. This led to insight 2): Categorize your individual key points into higher-level categories under which several key points can be grouped. From this, number 3) reflects these insights to find out what you like and want. A very simple example: “I hate bad weather”, on the contrary “I love good weather”. What a realization!

What a realization! But there is more to it than that.

The transformation from negative to positive beliefs. So I can turn my own mindset around and now I know how to bundle negative thoughts and turn them into positive beliefs.

Part 1: Financial freedom, mindset and 7 basic rules

You haven’t read the first part of the book recommendation? Here you will find Part 1: Being happy.

Alex Fischers strategies

“In 5 years without equity to become a real estate millionaire” – here you get the right and important tools for a happier and fulfilled life, also through financial freedom. Alex Fischer is living it up, with real estate he himself has already provided for a long time. His focus is on passing on knowledge, strategies and success stories. An extremely inspiring audio book. You want more Know How? Become a free member of the Alex Fischer Community.

Alex Fischer: Learn more strategies

If you want to learn more about principles, strategies and methods, you should take a look at Alex Fischer’s YouTube channel. Here you can find playlists sorted by topic to learn everything online. In addition, you can find links to slides and checklists here on YouTube – these documents are also completely free, without an email address. Tip! In the free member area you get the 27 strategies that Alex Fischer has extracted after more than twenty years of experience, compressed in an 11-page PDF as a checklist.

• Alex Fischer – Website & free members area
• Alex Fischer Youtube

“Richer than the Geissens”: Book and audio book

With over 200,000 readers, “Richer than the Geissens” is mega successful, for good reason. It is also in the Top 100 at Amazon! In a nutshell, you get 43 timeless laws of success with which you can become more successful financially, professionally and privately. You learn to reach your goals, to “materialize” them (what this means, you learn in the book). You will receive exact step-by-step instructions for your own personal financial freedom. This way you avoid really frustrating mistakes right at the beginning. As a private person and/or as an entrepreneur, you learn from Alex Fischer how to avoid these fatal mistakes and at the same time follow your passion – every day! The book contains hundreds of learnings that will help you to live a happier and more fulfilled life. Best of all, you can get the audio book for free on Spotify and iTunes!

• Podcast on Spotify
• Podcast on iTunes
• Book on Amazon

RADG – Career Podcast for your bucket list

Important: Currently the book is only available in Germany! I speak German and discovered this book or podcast two weeks ago. Even if you wouldn’t understand a word in the podcast, I wanted to introduce some of the methods and strategies to you!

“Richer than the Geissens” must be on the bucket list for everyone who is looking for success. Top 2 on Amazon for career, 200.000 readers, the numbers speak for themselves. When I streamed the audio book for the first time, I thought that I would be through in a day, far from it! What you learn in this book are long-term strategies that take time to work. Basically, it’s all about becoming successful with real estate within five years with €0 equity.

The podcast contains so many universal and timeless recipes for success! It is best to write along and always take notes while listening. Here is a very memorable quote from Alex Fischer from these episodes that I have written down:

“Strengthen your strengths!” – Alex Fischer

Here I want to point out once again the universality of the audio book “Richer than the Geissens”. For private persons, employees but also entrepreneurs who already generate a good cash flow, the book and audio book is a strong and (for the topic) compact guide.

success in life (and in business)

But before you start to build up cash flow, appropriate cash flow, equity and your very first property, you first have to work on yourself. After all, you are the architect of your own fortune.

To make good decisions, you need knowledge. This knowledge is based on situations, values and conversations that you have experienced in the course of your life. So you make decisions based on what you know every day. Now the big question arises: Do you learn after “Trial & Error”, i.e. do you try to explore all paths yourself, make mistakes, lose time, maybe even go as a self-employed insolvent or do you learn from those who have made it?

Exactly! If you want to succeed, you have to adopt structures and ways of thinking of people who are a positive role model for your goals. Learning from those who have made it is always a good strategy, especially to avoid your own mistakes. The less equity you have, the greater the risk of failure.

So before you start “earning money” start with the absolute basics, your mindset and ideal.

In this review, I will take you on a journey through the first few but central learnings from the first chapters of the free audiobook of “Richer than the Geissens”. You want to be successful? Then get the book or listen to the free podcast by Alex Fischer.

mindset for your life and entrepreneurship

What goals drive us as people, but also as entrepreneurs? In episode 6: Your personal real estate opportunities Alex Fischer discusses the very basic goals that drive us, especially with regard to real estate. Anyone who listens to the podcast “Richer than the Geissens” is pursuing one goal in particular: making money with real estate. Later in the podcast, it goes much deeper into your mind set. At the beginning of the podcast it says “Recognize your personal opportunities in the real estate market”, i.e. which segments, opportunities and goals make sense for you personally?

What is your individual goal?

Alex Fischer mentions many different motives in the podcast that can drive you, from carefree retirement to cash flow through real estate on a grand scale. You do:

• Improve your later retirement as effectively as possible,
• Convert taxes and duties into private assets,
• Earn or improve your living with real estate agency,
• Generate additional cash flow before retirement,
• Be able to live from the cash flow of rental income or
• Like Alex Fischer, you earn your living by selling real estate.

These are only some of the goals and possibilities that people want to realize. Concrete goals help you in general, think about what is really important to you. So you can achieve one goal after the other. For many who are at the beginning of their own career it is very helpful to think about your own ideas at an early stage before you invest a lot of time without having a concrete goal in mind.

So there are many ways, which depend on your goals on the one hand, but also on your personal requirements. This includes, of course, and above all equity capital. If you want to be successful in business, investments are inevitable.

According to Alex Fischer, there is much more to it, because there is always a goal behind the goal, your purpose. But before Alex Fischer goes deeper into the podcast, he asks the basic question: What would be your personally important 3 real estate goals and what is your goal behind the goal? You want to understand what this means in concrete terms? Then listen to episode 6: Your personal real estate opportunities from “Richer than the Geissens”.

You can find these and other goals in the member area of Alex Fischer. In addition, there are concrete study and learning tips on how to reach your individual goal – quickly and effectively. All methods and steps were tested by Alex Fischer himself. Orientation, overview, procedure. An extremely exciting way, where there is a lot to win.

Makes money happy?

Goals are great, the first goal of many entrepreneurs is financial freedom, i.e. equity capital and before that cash flow, in order to have the opportunity to build up their own equity capital in the first place. Money, money, money. Alex Fischer raises the question in episode 7: Makes money (really) happy? Alex Fischer gives a clear and direct answer: No, if it were, everyone in Hollywood would be happy. But it is not like that.

Alex Fischer writes and talks about moments of success in episode 7. Creativity and design as true lucky charms.

Moments of success: Just not for themselves

This is followed in the book by great examples of great moments of success that Alex Fischer has experienced, like many other celebrity examples. Great moments of success that were only supposed to be, mostly for outsiders. For yourself the world looks very different. He shows this with astonishing examples that I have never heard before.

Alex Fischer shows how, for example, Formula 1 legend Michael Schumacher, mountaineering legend Reinhold Messner, but also tennis legend Boris Becker, in their greatest moments, have personally felt no success, and this at their absolute peaks of success. Schuhmacher cried at the first victory in Monza. To this day he is the most successful driver Formula 1 history has ever seen. He holds the record of seven world championship titles with 91 victories. His first victory ended in tears, but not with joy. Here you can listen to all the stories in the podcast, in episode 7: Makes money (really) happy.

Reinhold Messner, Boris Becker and Michael Schumacher

When Reinhold Messner reached Mount Everest, “he felt nothing but emptiness and even fell into a depressive mood”. When Boris Becker achieved the victory to the number 1 of the world ranking list, he left the stadium without a word, sat down at a nearby river and cried. Alex Fischer himself had the same experience. 2.7 million with a signature. At the first property he was still completely euphoric, at the next one with 2.3 million not, not at all. He liked the property. So how can one make 2.3 million profit with one signature and then be unhappy?

That sounds familiar

Personal comment: As an entrepreneur, I too know the feeling, especially when you start young. As a young entrepreneur you are happy about your first 4-digit deal, your first 5-digit deal, your first 6-digit deal. In the beginning I also thought that the feeling of happiness increases exponentially. With the first 4-figure amount, the joy was huge, with the first 5-figure amount it was great, with the first 6-figure amount it was manageable and so on. In fact, the feeling of happiness does not increase in proportion to the growth of income. There must be more!

Money? No, creativity and design

Alex now uses an example to describe very nicely what it is all about. It is not about money, it is about design and creativity.

The answer to the question: “What is being happy?” is given by Alex Fischer with a key experience. A little neighbour boy built a perfect snowman, with foundation, carrot nose, everything a good snowman needs. Why? Because! After 5 minutes they tore the snowman apart with the same enthusiasm. Immediately afterwards he started to build an igloo. That’s when Alex Fischer understood what it was all about:
<“It wasn’t owning or managing anything. It was the creative process of creation that gave satisfaction and pleasure.” – Alex Fischer.

video: Implementing a business idea

How to best implement your business idea

positive thinking: mindset

Basically, the implementation of your goals is about a positive mindset. What do above-average happy people have in common? They take their life, their work, but also their relationships playfully, according to Alex Fischer. Why were Alex Fischer, Boris Becker, Michael Schumacher but also Reinhold Messner himself sad?

“It was the success that ended the game.” – Alex Fischer

Repeating this game is boring and does not give the same satisfaction. Felt it goes only downhill from now on. “Only” making more money doesn’t make you happy anymore. The big question:
<“What do you enjoy? What makes you happy?” – Alex Fischer.

Principles by Alex Fischer

His basic rules from episode 7 in the podcast “Richer than the Geissens”:

1. Happiness is created through a creative, extroverted process (such as building a snowman, creating a valuable thing).
2. There is no happiness without interest in the environment.
3. Increasing income only makes you happy to the extent that it removes obstacles that restrict your basic needs (financial freedom).
4. The more valuable your own contributions to the environment seem to you, the higher the happiness.
5. The more you do for your environment and help it, the greater the personal satisfaction from it.
6. Without a challenging goal, happiness does not seem possible.
7. If the challenging goal is reached and no new one is in sight, this will result in unhappiness (you need a new goal)

These rules show why the “rich and beautiful” are often not happy. They no longer have a new goal that is not attainable for them. What a powerful insight. Financial freedom alone does not make people happy. What will make you happy is to achieve new goals yourself. For you and your environment. As Alex Fischer says: “Self-esteem is the foundation of self-confidence”. Here you will learn a lot in the later episodes of part 3. There you will learn about your resource list and strengths. These assets, combined with your Purpose (the big goal) and the industry market niche list, show you the most effective way to achieve financial freedom and happiness.

A positive mindset is what counts! Findings from “Richer than the Geissens” by Alex Fischer, episode 7: Makes money (really) happy?

Reason and ideals

The fifth chapter of the book or episode 10 in the podcast is about your own mind. Episode 10: How your mind evaluates and what tricks it plays in the process introduces the topic “ideal ideas”. Simply explained by means of an example in the audio book: A child, for example, cannot handle money, it has no comparative values yet. Our own mind constantly compares new information that we perceive with old information in order to be able to assess current, new situations. But it is the same in business. Are 1,000 visitors per month good or 100,000? Without a reference to what you have already learned (analyses from software, conversations with people from similar industries, etc.), you cannot make a statement about whether the number of visitors is good (ideal) or not. So the principle of your own ideal is very basic for the evaluation of situations in everyday life.

Every one of us has ideal conceptions that have developed into areas of life such as relationships, business, money, etc. You look at the situation, compare it with the ideal state and find similarities and differences. Alex Fischer shows this by means of financial transactions: His goal was to earn as much money as possible at one go. Opportunities with low but regular income were of no interest to him. It did not match his ideal.

But can these ideals be wrong?

Example: Ideal in a relationship

Example partnership, he writes: “Lifestyle magazines often paint a false picture of partnership. For example “butterflies in the stomach, even after 10 years of relationship”. Then he refers to a woman. This woman has a perfect husband, he tries hard, shows affection, but the butterflies in his stomach are gone. Her consequences: She compares her relationship with the ideal image she created before. She then ends the relationship. The butterflies in her stomach came because of the insecurity and uncertainty about what the new partner and the new relationship will bring.

Marks: “Wrong ideals lead to fatal mistakes.” – Alex Fischer

We constantly compare situations with our ideals. Questioning and exploring your own ideals can protect you from making the wrong decisions. Alex Fischer provides further examples, for example from the financial sector around known, non-existent and unconscious information. You have to recognize and correct wrong ideals. Alex Fischer sums up: Make sure you have the right ideals in all areas of your life. Wrong ideals lead to wrong decisions. Information that you do not have (white information), you should uncover and correct.

The examples and much more on the subject of ideal expectations can be heard in episode 10: How your mind evaluates and what tricks it plays in the process.

luck outside the comfort zone

Being able to overcome fears, the unknown, makes you happy, according to Alex Fischer in episode 11: happiness lies outside the comfort zone. Because happiness lies outside the comfort zone. But to leave the comfort zone, you first have to find the right motivation. Very few people leave their familiar terrain.

The comfort zone is around you like a fence. What can you do? What do you dare to do? As you learn in the book or podcast, mere administration does not make you happy. “Sure, the fence has advantages. Inside is safety, outside is potential failure. But security also means boredom and finally emerging thoughts like insecurity, because you have to protect your achievements. Beyond the fence lies happiness. The fence can be protection or a “gateway to new happiness and new abilities”.

It can be extremely enriching for you personally to deal with the risk and of course the risk of crossing your comfort zone. Set yourself a goal, divide it into small stages.

If you decide on “new ways”, then I have a little personal story here, fitting to a quotation of Alex Fischer from part 2 of “Richer than the Geissens”. Your own values determine which people you attract yourself. Even a friend of mine, who owns a few properties today at the age of under 30, started looking for apartments early on, specifically near successful people. He himself is from Cologne and then, for example, took an apartment in the Kranhaus, where stars like Lukas Podolski (national team) will live. Accordingly, his day started with the elevator to the underground car park, there were small talks with neighbours and downstairs there were Porsche, but also two Ferraris. This is not to show how important material value is, but to show how you can change your own mindset, according to Alex Fischer, by your own actions.

“People surround themselves with people who have the same values.” – Alex Fischer

Symbolic interactionism

The next episode is difficult to summarize in a few words. It’s about individual perception and the joint coordination of symbols. An extremely exciting chapter that you can hear here, episode 12: What I can learn for life based on traffic rules. Briefly described it is about “symbolic interactionism” using a parable, the traffic signs. Traffic signs are exactly defined and by learning them intensively, there is no chaos on the streets. Alex Fischer now goes to the level of language, because such symbols can be traffic signs, but also words. Words are defined just as precisely, their definitions can be found in the dictionary. So we do not have to speculate when we hear a word. We know what it is about when we read or hear a certain word in a certain context.

We get to know the symbols in the course of life. Traffic symbols by the driving school teacher, words for example by our parents in childhood. We take this information and assign it, so it is associated with symbols and meanings. If you remember the example of the relationship (above in the article), it is especially our ideals that cause wrong decisions when we compare wrong facts with new situations, in the example it was the butterflies in our stomach, like on the first day and that after more than 10 years of relationship. The couple’s goal must therefore be to harmonize their own symbols and values through joint discussions. So that false ideals are corrected. An extremely exciting chapter that you can hear here, episode 12: What I can learn for life from traffic rules.

I can also recommend this tip to all entrepreneurs for their team:
The learning of these individual assets is great. Before you can name concrete goals, you need to take a look at mindsets and ideals. They accompany you all day, even at night in your dreams. If you go to your goal (your purpose) in the later episodes, you will certainly have to correct some of your own ideals or even throw them overboard. It also becomes extremely interesting in the later episodes with regard to “money” and “making money”.

You want more and deeper information about money, happiness and mindset? You can find more on the Youtube channel. There are also many lectures of mine included, which were published on foreign channels: Alex Fischer Youtube.

Part 2: Happy without goals?! Your Purpose

The second part is about the Purpose after Alex Fischer. What that is, I will explain to you in this review. The Purpose is the basis for almost everything in your life. It helps you to make the right decisions: for yourself, for your success and also “for” your environment. A big part of success is mainly the automation of certain processes, but also your own financial patterns. All this draws its energy from your purpose! Read here Part 2: Being happy.

Alex Fischer: Richer than the Geissens

“In 5 years without equity to become a real estate millionaire” – here you get the right and important tools for a happier and fulfilled life, also through financial freedom. Alex Fischer is living it up, with real estate he himself has already provided for a long time. His focus is on passing on knowledge, strategies and success stories. An extremely inspiring audio book. You want even more know-how? Become a free member of the Alex Fischer Community.

book and podcast: Content

The book and the free audio book at a glance:

• 43 timeless laws of success to get off to a maximum start
• 14 concrete steps to become a real estate millionaire in just five years
• Principles and tools to build a freedom and money machine
• The real reason why money alone doesn’t make you happy…
• The 7-contact rule for an extensive network of experts
• Your 1st property: Effective strategies to build up equity and double cash flow
• Extra advantage: Free audio book included!
• podcast free of charge + member area free of charge

Alex Fischer: Get to know further strategies

If you want to learn more about principles, strategies and methods, you should take a look at Alex Fischer’s YouTube channel. Here you can find playlists sorted by topic to learn everything online. In addition, you can find links to slides and checklists here on YouTube – these documents are also completely free, without an email address. Tip! In the free member area you get the 27 strategies that Alex Fischer has extracted after more than twenty years of experience, compressed in an 11-page PDF as a checklist.

• Alex Fischer – Website & free members area
• Alex Fischer Youtube

“Richer than the Geissens”: Book and audio book

With over 200,000 readers, “Richer than the Geissens” is mega successful, for good reason. It is also in the Top 100 at Amazon! In a nutshell, you get 43 timeless laws of success with which you can become more successful financially, professionally and privately. You learn to reach your goals, to “materialize” them (what this means, you learn in the book). You will receive exact step-by-step instructions for your own personal financial freedom. This way you avoid really frustrating mistakes right at the beginning. As a private person and/or as an entrepreneur, you will learn from Alex Fischer how to avoid these fatal mistakes and at the same time follow your passion – every day! The book contains hundreds of learnings that will help you to live a happier and more fulfilled life. Best of all, you can get the audio book for free on Spotify and iTunes!

• Podcast on Spotify
• Podcast on iTunes
• Book on Amazon

Learning: The seven-contact rule (also for dates?)

Important: Currently the book is only available in Germany! I speak German and discovered this book or podcast two weeks ago. Even if you wouldn’t understand a word in the podcast, I wanted to introduce some of the methods and strategies to you!

I would like to add this rule to one of my most important learnings. On the one hand, because the seven-contact rule is an ingenious procedure for new contacts in business life . But if you listen carefully, it is also a strong way for singles and dates, keyword: work-life-balance!

In Order 40: The Seven-Contact Rule Alex Fischer goes into the rule in a very fundamental way, but also provides direct examples and finally a step-by-step procedure. The rule roughly says: A contact needs at least 7 contacts until it is “ripe”, only then you can start to load it with heavier food.

people do business with people, for people

Implementation – step by step procedure (short):

1. At the first contact, the goal is to make the person opposite you a little better off than before.
2. A message follows immediately after the conversation, thanking you for the pleasant conversation.
3. After a while (not too fast) I get a call for a second appointment with approximate content: It was a very interesting conversation, I still have 2 or 3 ideas, I would like to know more about you
4. In the following conversation you look for the bottleneck of your counterpart, ask questions all the time, but only 30% of the time, your counterpart talks 70%
5. … all details and the next 3 steps you will hear in Episode 40: The seven-contact rule

Learning: Be entrepreneur, not self-employed

Everyone knows the saying: “Time is money”. Money can be spent and earned. Time can only be given, not given back. Time is therefore the highest good and once it has passed, it can never be retrieved. In episode 43: “With great power comes great responsibility” Alex Fischer discusses the central factor in our lives: time.

be independent or be an entrepreneur?

Alex Fischer draws a line in “Richer than the Geissens” between the terms ‘being independent’ and ‘being an entrepreneur’. Self-employed people exchange their time for money by taking orders and doing work. You should be an entrepreneur! Why? Entrepreneurs build themselves a productive machine. This machine constantly and regularly generates cash flow. That means, as an entrepreneur you arrange your income in such a way that it is constantly increased without your own and immediate action.

How this works is explained in the following episodes of the podcast, or in Episode 43: With great power comes great responsibility.

Learning: Building machines ensures constant cash flow

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Machines ensure continuous production. If you build a large machine, you will always generate cash flow. Another mistake I have made! I myself have already written 4 books, but I never thought about making more out of it “than just one book”. That’s why this episode (43) fascinated me so much that I had to write about it to pass on some of Alex Fischer’s thoughts and laws. Alex Fischer brings in very interesting aspects concerning “building machines”. Because machines are not only found in the manufacturing industry. Even a book can be such a machine if it sells 1,000, 5,000 or 10,000 copies – that’s right!

This is where the podcast also benefits from the design of the endings, because here the most important learnings of the individual episodes are summarized again, but there are also thought-provoking impulses like this one, regarding the building of machines:

your task: At the end, think for yourself how you could build five machines in your area!

I should also start to expand my existing projects. But it is important to learn from a later episode.

According to Alex Fischer one should always test projects on “low speed”. He brings here a very fitting and pictorial metaphor. New projects are, in short, like the production of a new Formula 1 racing car. During the first tests on the road, you would never start at the highest speed. You would start low, see if everything works, if parts drag or strange noises appear that shouldn’t be there. Only when everything fits, the rpm is increased slowly, bit by bit.

Conversely: With my books I have a good basis. All are in the market, could be tested over 6 months on the basis of sales, reviews, recommendations and so on. The most successful could, I should expand. The best would be according to the principles of Alex Fischer, in an automated solution that creates a machine for me. For me this would mean: Why is there no audio book recorded? Why are there no supplementary video courses? Why are there no additional slides and checklists?

What can you do with this learning?

Here, too, one can find further opportunities, which I could apply myself through Alex Fischer’s tips. In another later episode he quotes the US giant Rockefeller. He said: “Give away the oil lamp and earn money with the oil” – brilliant. But first let’s continue with my most important lessons from “Richer than the Geissens”.

As already described in the introduction, I want to go into the learnings that are central for me in the first and second listening of the podcast.

This one quote belongs to it:

Learning: Small rivers become big ones

How often do you yourself face the problem: “You can’t see the forest for the trees”. A building site here, a building site there, in private life and especially as an entrepreneur. I found this quote myself, as short and simple as it is, extremely constructive and motivating. With regard to my own work, projects but also to further aspects such as public relations or viral effects:

“Small rivers become big rivers.” – Alex Fischer

As confusing as one’s own work often appears, especially when setting up companies for the first time, everything gradually comes together. Alex Fischer also brings many interesting aspects to this, for example this one:

• How much do you think you can handle tomorrow? – You’ll overestimate yourself.
• How much do you think you can do in a year? – You will underestimate yourself.

You can learn this and more in Episode 44: Why many ideas remain just dreams.

Now it goes directly back into your own mind games. For example this one I want to share with you. I myself give lectures to up to 300 people. Usually it is about “Business Creation”, more simply said “Founding companies in digital markets”. In some presentations I have two slides with real big names of the digital world like Elon Musk, Mark Zuckerberg, Jeff Bezoz but also Bill Gates. It is interesting that all of them had moments of failure. Jeff Bezos, for example, wanted to build a competing model for Ebay, failed. He wanted to build a competitor model to Google with “A7”, failed. These slides are intended to show: everybody makes mistakes.

Did Elon Musk, Mark Zuckerberg, Jeff Bezos, but also Bill Gates let setbacks distract them from their vision, their path? No, never.

Alex Fischer also has this aspect in his podcast, but takes it to a new level.

“In short: Failure is always part of it, but ideally you fail closer and closer to your goal. – Alex Fischer

Especially for young entrepreneurs extremely interesting in the statement. Because with every attempt you get better and failure on the way is part of it, as long as you always get further than you fall behind.

Learning: Find the cause of the problems

As I said, I hear episodes twice, some even three times to internalize them. The “dirty slut” is another learning that I listened to twice. I think that this point will probably have relevance for my own future as well. Therefore briefly explained:

“Behind everything, prolonged suboptimal situations are always dirtbags.” – Alex Fischer

Alex Fischer describes this model in detail and practically with an example. When he bought a new car, he had to go to the dealer several times for repairs, despite the new car. If problems occur again, one should think about it after the second or third time. Is it because of the individual parts or is there a fundamental problem? As it turned out, the real problem was the battery of the car. It was broken and had current peaks that delivered far too high voltages, so electronic components broke down.

A big advantage of the book and audiobook are clearly the examples that simply illustrate what it is all about!

Extremely interesting, if one considers even more often to search for patterns that underlie a certain, more often occurring problem. Instead of spending time and energy on solving individual problems, you should use your time to find the source of the problems! But where does the name dirty slingshot come from? Listen to it yourself in Evolume 46: How to set priorities.

Learning: Rockefeller’s wisdom

The Rockefeller Archive Center / Public domain

One can always learn from the great entrepreneurial giants of history. As much as the world changes, the structures remain the same. Apple invites developers to take over app development for the iStore and then earns about 30% of every sale. Tinder makes his dating app available for free and earns in the end by using it. Do they act on Rockefeller’s wisdom: “Give away the oil lamp and make money on the oil”?

John D. Rockefeller himself founded Clark & Rockefeller in Cleveland (USA) in 1859 and ran a small commission business here. After one year, his first turnover was already 500,000 US dollars. A few years later he entered the oil business. But Rockefeller also had a fine nose for business, so he sold relatively new petroleum lamps, even gave them away. The new petroleum owners now had to buy regular supplies in the form of petroleum and petroleum was available at Rockefeller

“Give away the oil lamp and earn money with the oil” – John D. Rockefeller

Alex Fischer even talks about how Steve Jobs and Apple cached it step by step, from iPod to iTunes to iPhone and MacBook. Strategy, strategic planning, that’s what the second part of “Richer than the Geissens” is about. These 27 strategies are available in Alex Fischer’s free member area. They are all compressed in an 11-page PDF as a checklist.

Alex Fischer: Richer than the Geissens

“In 5 years without equity to become a real estate millionaire” – here you get the right and important tools for a happier and fulfilled life, also through financial freedom. Alex Fischer is living it up, with real estate he himself has already provided for a long time. His focus is on passing on knowledge, strategies and success stories. An extremely inspiring audio book. You want more Know How? Become a free member of the Alex Fischer Community.

Video: Increase cash flow

Alex Fischer: Get to know further strategies

If you want to learn more about principles, strategies and methods, you should take a look at Alex Fischer’s YouTube channel. Here you can find playlists sorted by topic to learn everything online. In addition, you can find links to slides and checklists here on YouTube – these documents are also completely free, without an email address. Tip! In the free member area you get the 27 strategies that Alex Fischer has extracted after more than twenty years of experience, compressed in an 11-page PDF as a checklist.

• Alex Fischer – Website & free members area
• Alex Fischer Youtube

“Richer than the Geissens”: Book and audio book

With over 200,000 readers, “Richer than the Geissens” is mega successful, for good reason. It is also in the Top 100 at Amazon! In a nutshell, you get 43 timeless laws of success with which you can become more successful financially, professionally and privately. You learn to reach your goals, to “materialize” them (what this means, you learn in the book). You will receive exact step-by-step instructions for your own personal financial freedom. This way you avoid really frustrating mistakes right at the beginning. As a private person and/or as an entrepreneur, you learn from Alex Fischer how to avoid these fatal mistakes and at the same time follow your passion – every day! The book contains hundreds of learnings that will help you to live a happy and fulfilled life. Best of all, you can get the audio book for free on Spotify and iTunes!

• Podcast on Spotify
• Podcast on iTunes
• Book on Amazon

“Richer than the Geissens” – Amazon Bestseller

The book “Richer than the Geissens” contains extremely many details about the strategies. If you listen to all chapters in a structured way and repeat some of them, you will learn how to become financially, professionally and privately successful. The review gives you only a small insight, an appetizer to the many aspects the book gives you.

Remember: Listen to part 1 & 2 first, then part 3!

Important: Currently the book is only available in Germany! I speak German and discovered this book or podcast two weeks ago. Even if you wouldn’t understand a word in the podcast, I wanted to introduce some of the methods and strategies to you!

Why should you listen to this podcast?

This review should make you want more! I have listened to it twice in the meantime, simply because there is so much to learn! In the podcast or audio book offers hundreds of information, examples, tips, methods and strategies. All learnings are structured from episode 1 to the end in episode 79. Despite a lot of content, so that everything is conveyed as effectively as possible, the most important contents and questions are repeated at the end of each episode. This way the learning effect is greatest!

The audio book by Alex Fischer contains a lot of know-how. Know-how for those who start with 0 Euro starting capital and also for those who have already saved money for their first property. The book is for:

• People with 0 Euro equity with employee or employee status
• People with initial, small equity reserves of 50,000 euros
• People who already own 1 or 2 properties and want to learn how a property works as an investment tool.

My review focuses on those who, like me, are at a point where they have initial, small equity capital of up to around 50,000 euros and the first permanent employees are already working in their own company.

“Richer than the Geissens” is such a strong companion, from the start and the best, individual setting for cash flow to the real estate as an investment tool. Accordingly, it is worth repeating individual chapters after some time, because you will quickly develop further with the learnings from “RADG”.

PS: RADG is read by Alex Fischer and Gordon Gekko’s dubbing actors from the film “Wolf Of Wallstreet”.

Top sellers: 200,000 readers

Over 200,000 readers have read Alex Fischer’s strategies. On YouTube his videos on real estate, taxes & Co. reach partly more than 500.000 views. Alex Fischer is definitely the leader when it comes to combining modern online marketing and real estate. He passes on his beliefs, stories and strategies and in the 3rd part it gets very concrete, now it’s time to earn money. How? That’s what I want to outline for you. If you want more, get the audio book for free on Spotify and iTunes:

• Podcast on Spotify
• Podcast on iTunes
• Book on Amazon (German)

The money machine successfuly built and operated

As described above, this review is about the 3rd part of “Richer than the Geissens”. Be sure to listen to part 1 and part 2 as well, otherwise you will not understand many of the principles and strategies in part 3.

I also streamed the audio book in several stages. That means distributed listening to really internalize all the learnings, as well as repetitions of individual episodes that are very interesting for me. The 3rd part is then about building your money machine. In more than fifteen episodes you will learn how to create your own business model that generates passive income, including the topic of real estate as an investment tool and… but let’s start at the beginning. Here are a few of the many, many learnings you get in the podcast “Richer than the Geissens” by Alex Fischer himself.

But first it is important to set up a big goal. You will quickly understand this goal while listening to the podcast.

“30 days off per month!” – Alex Fischer

This may sound unrealistic at first, but if one looks at the passive money flows installed step by step, this goal quickly seems to make sense. Because, as already learned in episode 43, there is a difference between “self-employed” and “entrepreneurs”. The self-employed spend their time on money. Entrepreneurs create structures and machines that earn money.

Excursus – In “Richer than the Geissens” Alex Fischer draws a line between the terms ‘being self-employed’ and ‘being an entrepreneur’. Self-employed people exchange their time for money by taking orders and doing work. You should be an entrepreneur! Why? Entrepreneurs build themselves a productive machine. This machine constantly and regularly generates cash flow. That means, as an entrepreneur you arrange your income in such a way that it is constantly increased without your own and immediate action. How this works is explained in the following episodes of the podcast, or in Episode 43: With great power comes great responsibility.

So the point is to achieve this goal of 30 days off per month. How do you start? Best with the first step. By setting up money machines. Alex Fischer explains this in detail in the podcast. Because only through the money machine you create passive sources of income.

How can such a passive source of income look like? He gives many examples. Here a simple one, in this one Alex Fischer tells about one of his friends. This acquaintance deals with real estate. With every new contract she offers a cheaper insurance. So she earns money with each conclusion by a signature and gets also in the future annually a commission, as long as the insurance is active. This is one of many examples of passive income! In the Podcast Alex Fischer goes much deeper and gives different examples from different industries.

Collect passive money streams

As with the well-known quote, many streams become a torrential river, for you it is also about collecting various passive money streams. So many that you earn yourself your first days off. Your big and overriding goal is then 30 days off per month. So that after Alex Fischer you never have to exchange time for money again! Cost pressure and lack of passive cash flow make you do things you don’t want to do. This cost pressure keeps you in the famous “hamster wheel and chains you to the ground”.

In Episode 54: Setting up the money magnet Alex goes into the money magnet once again in much more detail.

At this point the listener quickly realizes that the money magnet will be extremely important, because Alex Fischer repeats no other tip in “Richer than the Geissens”. This underlines how important it is to deal with the setup of your own money magnet.

Digression – How does the money magnet work? Take 10% of your income (private) or 10% of your contribution margin (entrepreneur) and put it into a savings account. You never touch this account. In principle, the money magnet is so simple that it is slightly underestimated according to Alex Fischer. Error 2: It is often destroyed again. But tests and success reports have proven the success thousands of times. In order for your money magnet to work, you must follow these 3 rules. Rule 1) Take 10% of your income (private) or 10% of your contribution margin (entrepreneur) and put it into a savings account. Rule 2) never touch this account! Rule 3) Never! Alex Fischer explains in detail with stories from his own life why this money magnet has changed everything for him. But he also explains that it is not about this account making you rich. The account ensures that “more and more money is attracted”. This account changes the mindset of people. Alex Fischer explains exactly how the money magnet works in Edition 25: Building instructions for a money magnet.

In addition, you need to focus on activating passive cash flow, which gives you financial freedom. Because running costs take your breath away, like Alex Fischer in Folume 55: Analyse and reduce costs. Only when you have enough passive cash flow can you afford to increase your costs.

PS for employees: Salary increase

I wanted to insert one point of the audio book for employees. The first question: Are you making a profit for your company, your boss? If so, ask yourself the second question: How many times have you asked for a pay rise? PS: Of course only if they are justified by your performance in the company.

Away from the podcast, I wanted to take a look at some current facts and figures with you. More precisely, the active demand regarding salary increases and promotions in Germany.

Statistics on salary increases and promotions

The first survey by the Federal Statistical Office shows the distribution of men and women who actively asked for a salary increase. The result: Less than half of the employees have ever asked for a salary increase! The distribution between men and women is almost equal. Men have a small lead of +4%.

• Women / Yes: 44% (-4%)
• Men / Yes: 48%
• Women / No: 56% (+4%)
• Men / No: 52%

After a look at the question of who has ever asked for a pay rise, here is a look at career goals, or the active approach after a career advancement. The survey of the Federal Statistical Office asked the following question: “Have you ever asked for a promotion on the job?

You can find more statistics at Statista

In audio book episode 56: Increase income and increase creative time according to Pareto, Alex Fischer gives good tips for those who are not yet self-employed or have their own business. Central is the big question: “Where does my salary actually come from?” A real thought-provoking impulse for those employees who so far think that they are “only” paid by the hour. A fallacy, because in the end you will be paid by results as an employee. Like in physics:

performance = work / time

You want to increase your value in the company? Listen to Equation 56: Increase income and creative time according to Pareto.

For you to bring the best added value, you need to know 1) what your goal is 2) what you can do 3) who you know and 4) for whom your setting of goals, strengths and resources is most valuable. Another learning from Alex Fischer that I want to show you in short form. Altogether the following section consists of 5 episodes of the audio book:

Find goals, resources, strengths, industries & match

Every single episode contains many tips, what I want to give you here is just a small, little insight with strong learnings from the beginning of part 3 of “Richer than the Geissens” by Alex Fischer. The next episodes are all about being clear about your own goals (which you have already learned in the first two parts).

According to Alex Fischer, you will need a detailed resource list for this, supplemented by a detailed list of your strengths and a sector market directory. Summarized once again, the next episodes will be about:

1. Purpose-list
2. Resource list
3. Strength list
4. Industry market niche directory

4 steps and 4 lists

Since you already know your Purprose (listen to episode 16. How to find your Purpose) or at least the technique you can use to find your Purpose, the review continues with episode 58. Basically resource planning is important so that you know your own assets. Simply put: Who do you know ? What can you organize (through your contacts)? If you want to find out what your resources are, listen to Episode 58: Your resource list.

Now follow your strengths, how you identified them and how long such a list can be (spoilers, Alex Fischer had 5 pages at the end), the more precisely you can estimate the added value you can bring to customers in the analysis. Find your strengths and categorize them, and learn how to do this in Following 59: Your list of strengths. With the knowledge of your purpose, your resources and your strengths, you go to the last step, the matching of these assets with the industry market niche directory. Where you get the The Business Market Niche List and how to find your market niche is explained in Order 60: The Business Market Niche List.

Match: Your market niche

The big goal in the process:

“Know your market!” – Alex Fischer

Find your place that will guarantee you cash flow, because you need equity for your first property. Through the targeted processing of the 4 lists, the subsequent assessment of individual areas and their evaluation, you will find the “gap” that makes you successful.

It does not always have to be a world changing idea, like the iPhone. For example, the hairdresser could keep his ears open and cooperate with a broker. If one of his numerous customers wants to sell a condominium, a house or even an apartment building, he or she would receive a lot of commission as a tipster without having to invest significant additional work.

Another example on the subject of resource planning and “Strengthen Your Strengths” by Alex Fischer: Even for unemployed people there are opportunities to build up passive cash flow independently and to create their own profitable company in order to generate equity capital. On the other hand, an unemployed person, who supposedly has not always been lucky in life, has very good contacts to other unemployed people through unemployment. That means he or she has know-how of forms, procedures, dates, measures, etc. Additionally, he or she knows some or even many other unemployed people. Wouldn’t this be the chance to build your own machine (keyword: digital information products)?

The more points you find, the more new points you will come up with as strengths and resources! Organize your assets and find your market niche in Order 60: The industry market niche list.

Everything else and much, much more you can hear in the podcast!

Earn money with real estate

Now 15 more extremely interesting and informative episodes follow. Your first equity, the increase of cash flow to your first property and much more! For example, in the coming episodes you will learn the answer to the question: How does real estate work as an investment tool?

But before that you will get some good best practice examples from Alex Fischer’s environment: From the automation of information products to the use of roof space in the real estate sector, advertising space, shared room rental through apartment sharing and permitted subletting in the rental contract, there is fact after fact and story after story. This is followed by much more from Event 61: Increase cash flow.

Universal, timeless recipe for success

The podcast contains so many universal and timeless recipes for success! It’s best to take notes while listening to the podcast. Here’s a very memorable quote from Alex Fischer from these episodes that I made a note of:

“Strengthen your strengths!” – Alex Fischer

Here I want to point out once again the universality of the audio book “Richer than the Geissens”. For private persons, employees but also entrepreneurs who already generate a good cash flow, the book and audio book is a strong and (for the topic) compact guide.

Alex Fischer: Richer than the Geissens

“In 5 years without equity to become a real estate millionaire” – here you get the right and important tools for a happier and more fulfilled life, also through financial freedom. Alex Fischer is living it, with real estate he has already provided for himself for a long time. His focus is on passing on knowledge, strategies and success stories. An extremely inspiring audio book. You want more Know How? Become a free member of the Alex Fischer Community.

Alex Fischer: Learn more strategies

If you want to learn more about principles, strategies and methods, you should take a look at Alex Fischer’s YouTube channel. Here you can find playlists sorted by topic to learn everything online. In addition, you can find links to slides and checklists here on YouTube – these documents are also completely free, without an email address. Tip! In the free member area you get the 27 strategies that Alex Fischer has extracted after over twenty years of experience, compressed in an 11-page PDF as a checklist.

• Alex Fischer – Website & free members area
• Alex Fischer Youtube

“Richer than the Geissens”: Book and audio book

With over 200,000 readers, “Richer than the Geissens” is mega successful, for good reason. It is also in the top 100 at Amazon! In a nutshell, you get 43 timeless laws of success with which you can become more successful financially, professionally and privately. You learn to reach your goals, to “materialize” them (what this means, you learn in the book). You will receive exact step-by-step instructions for your own personal financial freedom. This way you avoid really frustrating mistakes right at the beginning. As a private person and/or as an entrepreneur, you learn from Alex Fischer how to avoid these fatal mistakes and at the same time follow your passion – every day! The book contains hundreds of learnings that will help you to live a happier and more fulfilled life. Best of all, you can get the audio book for free on Spotify and iTunes!

• Audio Book on Spotify
• audio book on iTunes
• book on Amazon