Book: Secrets of the Millionaire Mind by T. Harv Eker (Review Part 1)


This magnificent book tells us how to build a powerful mindset towards money. The author confronts you with these questions:

-Are you willing to work 16 hours a day? Rich people are. 

-Are you willing to work 7 days a week and give up most of your weekends? Rich people are. 

-Are you willing to sacrifice seeing your family, and your friends and give up your recreations and hobbies? Rich people are. 

-Are you willing to risk all your time, energy, and start up capital with no guarantee of return? Rich people are.  

Harv Eker states that rich people believe “I create my life” while the poor believe “life happens to me”. There are also some additional differences noticed by the author:

1)Poor people choose to play the role of the victim. Victims clues: blame, justifying, complaining. 

2)Rich people play the money game to win. Poor people play the money game to not lose. 

3)Rich people are committed to being rich. Poor people want to be rich. 

The number one reason people do not get what they want is that they do not know what they want. Rich people are totally clear they want wealth. 

The definition of commitment is to devote oneself unreservedly, the key word unreservedly which means you are putting everything in and I mean everything you got into it. 

Getting rich takes focus, courage, knowledge, expertise, 100% of your effort, and never-give-up attitude, and of course a rich mindset.

The author realized the rich think big. Poor people think small. 

Every people in this planet has a mission. 

Rich people focus on opportunities and rewards. Poor people focus on obstacles and risks. 

Poor people make choices based upon fear, their minds are constantly scanning for what is wrong or could go wrong in any situation, their primary mindset is what if it does not work? Or more often, it won’t work. Rich people say: it will work because I will make it work; they have confidence in their abilities, they have confidence in their creativity, and they believe if they do not hit the fan they will find another way to success. 

High rewards, high risks. No risks, no rewards. 

Rich people take educated risks, this mean that they research, do their diligences, and make decisions based on solid information and facts, without taking forever but in a short period of time doing what they can and make an informed decision to go for it or not. 

Rich people focus on what they want. Poor people focus on their what they do not want. 

Rich people get started, they trust that once they stay in the game they can make intelligent decisions in the present moment, make corrections and adjust themselves along the way. Poor people do not trust in themselves nor their abilities so they think they need to know everything in advance which is virtually impossible meanwhile they do not squat.