Author: T. Harv Eker
My recommendation: 3/5
Summary
Although this book was a bit preachy, I found that there were worthwhile tips and tricks that one can adopt to develop a wealth mindset. This book is the kick in the pants you need in order to start transforming your thoughts and habits around money.
My Takeaways
- People’s past experiences subconsciously influence money decisions
- People who blame others and act as victims self sabotage themselves.
- Choose to think and play big. Thinking small will get you a comfortable living. Thinking big will help you get wealthy.
- Wealthy entrepreneurs solve people’s problems on a large scale.
- Don’t be afraid of self promotion. If you’re confident that your product can help people, then share it.
- Rich people focus on solutions, poor people focus on problems.
- Wealthy people should be open to receive in order to give to others.
- Get paid based on business results. Not hourly wages.
- Take advantage of tax write incentives as a business owner
- Rich people think in terms of abundance instead of scarcity.
- Learn how to manage money by properly saving and investing.
- Have a “spend” account to balance the savings account.
- Be comfortable with being uncomfortable.
- Rich people learn from other rich people who have real world results.
- Rich people are constantly learning to grow and don’t think they know everything.