Introduction
Our thoughts create our feelings and our feelings determine our actions and from that our karma is determined. So let’s see how our thoughts, our feelings, and our actions affect our outcome. And, how can we control that?
Hello and welcome to “atoz Library”, through this article, we will discuss the summary of the book “Secrets of Millionaire Minds” written by T. Harv Eker.
If you dream of becoming a millionaire and are worried about your finances, the book “Secrets of Millionaire Minds” can help you a lot.
Have you ever wondered how rich people get richer? After reading the “Secrets of Millionaire Minds Summary” you will be able to get to know the thoughts of rich people. after being inspired by them you can try to become rich like them.
About the Book and Author
This book will explain how the opinions of others about money affect you. The secrets of the millionaire’s mind will help you to understand the events of your life, that has made you think about money. This is just the first step in your financial situation.
The book “Secret of the Millionaire Mind” is considered one of the best “Money Management” and “Personal Finance” books in the world.
- Harv Eker was a businessman, writer, asset trainer, and motivational speaker. He says that if you give him only 5 minutes of your time, he will predict and can tell you how and what your future financial life will be like. And can you be rich or not?
- Over the years, he has studied the psychology, mentality, habits, and lives of millionaires, billionaires, and successful people, so he has been able to say this with a claim that he has explained to us through his book Secrets of Millionaire Mind. And we will share that information with you through the “Secrets of Millionaire Minds Summary”.
What You Will Learn From This Book ?
In this book, the author tells about Money Blueprint and 17 wealth files, by following that, he also becomes a millionaire. By Knowing these, we also can fulfill our dreams,
Learn the mentality and psychology of rich people to become rich and successful.
After reading the secrets of Millionaire Minds you will understand:-
- How other peoples manage their money and how you can handle it better.
- You will learn how to expect more from life.
- How to make your thinking bigger so that you can be successful.
- It’s not only the difficulties that stand in the way of your success. You will know what attitude you need to have to get rich.
Understand all the principles mentioned in the book and apply them in your life.
Maybe you also will start to think like a rich and one day you will start earning a lot of money by yourself.
Secrets of Millionaire Minds summary
This book is divided into two parts.
The first part is about the blueprint of our money, which says- How do we think about money? What we do today is the result of our past thinking.
In the second part, the author talks about 17 resource files, this part tells us how to become rich by changing our thinking.
Your money blueprint
Even if you are the most skilled and knowledgeable person in the world, to be financially successful you need to know your money blueprint properly. Only then you can overcome your lack of money.
Lack of money can never be our problem. Lack of money is just a symptom of what is going on in our minds. If you want to change the lack of money in your external world, you must first change your inner mind.
Suppose you lack money, and I helped you with some money. But even then, your lack of money will not go away, soon you will be short of money again. This is our problem, money is not our problem.
Verbal Programming
As a child, you must have heard from your parents and the people around us that –
- Money is the root of all diseases.
- Money is not everything.
- No one can be rich in less time without doing wrong
- Rich people are just greedy and selfish, and so on.
Poor thinking always criticizes the rich and speaks badly. Rich people, however, do not criticize money. Or another doesn’t criticize rich people badly.
If someone thinks that money is bad, it also indicates to the brain that money is bad. In such a situation the brain will understand that money is bad and should stay away from it. Therefore, the big idea of making money will never come to the mind of such a thoughtful person. His brain will stay away from big ideas of making money.
You must have heard of the law of attraction. According to this law, if something attracts us, we also attract it. you cannot attract Anything else by negative criticism.
So, start thinking today – the money is much better if it is used well. If you always criticize a person badly, will he ever want to be your friend?
The same thing happens with money. If you criticize money, it will stay away from you. So change such thoughts quickly.
Modeling
From childhood, we have learned from our parents and the people around us how they spend money and make a living.
Our attitude toward money depends not only on the words of our parents but also on the behavior of our parents. The way your parents make money and manage it will also affect your subconscious mind.
Because we copy them and it becomes our culture and we start our life according to it. People are slaves to habit. It’s hard to change our behavior after we learn it. We can only get rid of our parent’s thinking structures by making ourselves aware and consciously changing them.
The author has sometimes seen his parents fighting for money. One side, money means instant happiness, on the other hand, money means saving in order to achieve economic liberation in the long run. If a poor person wants to change his condition, he can do so by changing his thinking and mentality.
Specific events
Any specific positive or negative event in your family, for which you had to go through Financial crisis, poverty, and hardship. After seeing all this, you have understood the importance of money. And decided that, you will earn so much money So that you don’t have to see these days anymore in your family.
Wealth files of Secrets of Millionaire Mind
There are no people in the world who don’t like money, The main point is, everyone loves money, but to become a millionaire on their own, It is very important to follow the 17 assets file mentioned by the author.
Because these 17 assets files will help you to understand the difference between psychology and the action, of rich and poor people. Most people in our world want to make more money than they have.
If you want to be one of those people, who have become the owners of a lot of wealth in the world only because of their own efforts, you need to follow the 17 wealth files mentioned in this book.
1-Self Confidence
Rich-minded people believe that they will make their life their own but on the other hand, poor-minded people leave their life to luck. The way their lives go, the way they go.
If you want to be rich, you have to remember that you are the driver of your financial life car, so you can easily take it wherever you want
2-Set Your Goals
In this chapter the author T. Harv Beker tries to explain to us, how rich people focus on making more money to get richer, they invest in different businesses or the stock markets. To get success in financial life, they play this money game.
But on the other hand, poor people focus only on the comfortable life of the future, they do not invest at all for fear of losing money. They just save to survive the future financial crisis.
If you also want to be rich, you need to set your goals, On the way to getting rich, your only goal should be to get rich. Not a comfortable or luxurious life.
3- Sacrificing
Rich people sacrifice to get rich, while poor people just want to get rich. This means that rich people promise themselves that they will be rich in any way in life and will be successful in financial life, so they follow all the possible ways to become rich with their full effort.
Rich people concentrate on business and investment without wasting time and partying with friends.
on the other hand, Poor people think only of getting rich, but they do not follow the rules for it, they have money in their hands, they spend all that money on partying with friends and spend it in various other ways. Or some people save their earned money and they don’t want to take any financial risk like any business or investment.
4-Think And Dream big.
Rich peoples think big, and dream, They deprive themselves of a comfortable life. So they are able to think far away, but poor people always think short and they try to choose comfort zone. So their thinking is also limited. This is why the thinking of the poor cannot go far.
If your goal is to become rich, you must be able to move forward, but you must avoid a comfortable life. You can’t be rich in life if you try to have a comfortable life easily.
If you do any work with your maximum strength then your future life will be much more comfortable and easy. The lesson to learn here is, as you will pay to achieve your life goals, in return you will get the same results.
5-Focus on opportunities.
The law of the universe is that the things you focus on too much will increase.
Rich people are always looking for opportunities, that is why they have so many opportunities to achieve life’s goals.
But poor people are always focused on negative thoughts, As a result, they do not have the opportunity to succeed. And even if it comes, they can’t use that.
6-Praise and appreciate other rich and successful people.
Poor-minded people hate successful and rich people.
You may have often noticed that among those who have achieved success by becoming rich, poor people find various faults and feel jealous of them. But rich people appreciate it and try to learn something from their success.
If a person hates something, then he can never achieve that thing. So if you want to be rich, you have to praise rich people, not just praise in the face, you have to do it from the heart.
You do not have to be perfect or ideal to be rich. But you need to know if your thinking is empowering you.
7-stay with positive people and successful people.
Rich people consider other successful people as their role models and feel inspired by them. But poor people, Find fault with other successful people and criticizes them. They try to pull them down,
When a person finds out his mistake and tries to make it smaller, then how he will learn about something from him, and how he will get inspiration? If you live with negative people, you too will become negative. If you stay with positive people, you will also become positive.
The decision is yours, with whom you will stay?
The easiest and fastest way to get rich is to know the reasons for the success of successful people and get inspiration from them. You can only do this if you can respect and appreciate successful people, not criticize them for their mistakes.
8-Spread Your values to people.
Rich people believe in self-promotion, because of publicity, they become good at marketing and selling business. But poor-minded people look at Promotional marketing and sales in a bad eye.
To be successful you need to know how to sell and promote, For example,
To be a successful leader, you need to be skilled at inspiring people with your vision for the future. Even the leaders of the political parties of our country are constantly spreading their ideas to the people, in the parliament, and even to their own party to implement their decisions. Because if he does not promote himself, he will never be able to establish himself as an elected leader.
9-You Should be bigger than your problems.
Poor people are ready to do anything to avoid problems in their lives, but they are not ready to take any challenge to solve those problems. Because they think they are smaller than that problem. But they do not know that they are inviting the biggest problem to avoid that problem.
But rich people do not try to avoid any problem, they try to eliminate that problem by solving it, so that the problem is erased forever.
They think that there is a solution to all the problems, they just have to find it, so any problem becomes small to them.
10-Believe in your Ability.
Most of the people in our society suffer from an inferiority complex. Because of their low self-esteem, they feel incapable of doing any great work. If anyone praises them, how to give that praise dignity? They don’t know that.
Rich people believe in what they deserve. Whether it is praise, respect, or business profit.
Many of us hear negative things more than positive ones. Remember that it is very important to feel qualified for any success.
It doesn’t matter what others say about you. If you believe in your own merits, you will not be affected by anyone’s negative words.
11- Don’t Sell Your Time.
Poor people earn money instead of the time they are given. They do not believe in themselves. This is why they choose a secure, fixed-paying job.
A fixed salary job is good, but it should not interfere with your ability to earn the most out of your ability.
Rich peoples choose the payment option based on their results. It’s a little less secure, but here you can make more money. In the process, do as much as you can, then you will be able to earn more.
Rich people have complete confidence in themselves. Their value and their belief in the ability to reach the public.
Remember, your income should not be limited to your limits.
12-Learn To do both.
Poor people want a successful career or a good relationship with family, want to focus on business or have fun, want money or freedom in life, they can’t manage both together. They are afraid to do different things at the same time.
But rich people choose both. They like to manage both their family life and professional life, they think that money brings freedom.
You just ask yourself the question how can you do both? This question will change your life.
13-Create your net worth properly.
Rich people look at their own net worth considering all their assets, savings, and investments. Poor and middle-class peoples give attention only to their salary and income. Rich people spend their time and energy for learning about investing. Poor people think that only rich people can invest.
Author T Harv Acker gives four tips on creating net worth in this book.
- Increase your income,
- Increase your savings
- Increase your investment
- And reduce costs by simplifying your lifestyle.
14-Properly Manage your money.
Rich people are not smarter than poor people but their money habits are different from poor people. Rich people specialize in money management, they learn this skill with the help of the internet and financial books.
Poor people do not like to manage their money. They are good at wasting money. They learn to spend for various fashions and luxuries by watching the people around them, celebrities and TV.
To become a money-maker, you need to know how to manage your finances. You will not get much unless you can manage the money properly. Either you control the money or money will control you.
15-Let the money work for you.
Rich people think far and wide. They make money by working hard for themselves, reducing the cost of today’s happiness, and investing in tomorrow’s freedom. Later that earning money makes money for them.
Rich people buy wealth. Whose value is likely to increase. Poor people spend on things that are less expensive. Wealthy people acquire land and property. Poor people collect bills.
In order to get rich Author, T. Harv Acker suggested,
Work hard for the money first. Then let the money work for you. The more money you make, the less work you have to do.
16-Overcome The fear In the path of success.
Fear, doubt, and anxiety are the biggest obstacles on the path to success and happiness.
Rich people are also afraid to take any action or risk. But they do not allow that fear to dominate him. Because they know that fear can be a barrier to getting rich.
But poor people cannot take any action due to fear and this fear becomes stronger than their dreams, aspirations, and hopes.
If you want to be rich, make a decision that is inconvenient for you. Talk to people you don’t usually communicate with. Keep in mind only those thoughts that contribute to your happiness and success.
Because we are slaves to habit. That is why we have to practice. The author urges you to make it a habit to work in spite of fear, discomfort, and pain.
17-Learn constantly and develop yourself.
Rich people are constantly learning and developing. They are experts in their field because they always learn something, and keep moving forward.
Rich people take the advice of rich people to learn. Poor people take advice from their friends, who are just like them.
Poor thinking people think they know everything. And whoever thinks he knows everything, That person cannot move forward. Because he will not try to know and learn anything new.
Author T Harv Eker offers a special piece of advice: “Learning is important, but how you are learning from people that are also important.
For the purpose of the reader
I hope you like T. Harv Eker’s book Secrets of the Millionaire Mind summary. After reading “Secrets of the Millionaire Mind Summary” You just learned about the book.
If there is anything to learn from this article, you are advised to re-read this book at least once a month from beginning to end. Because repetition is a great way to learn.
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- Think and Grow Rich Summary by Napoleon Hill
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5 Comments
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