Friday, January 25, 2019

Secret of the Millionaire Mind: Wealth File #16 Rich People Act In Spite of Fear


This is a chapter-by-chapter summary of a book by T. Harv Eker’s Secret of the Millionaire Mind: Mastering the Inner Game of Wealth (2005) series. One chapter, one article. Read this summary, buy the book. Enjoy!

Wealth File #16:
Rich People Act In Spite of Fear.
Poor People* Let Fear Stop Them.

Action is the ‘bridge’ between the inner world and the outer world,” writes Harv Eker. Because we are the creatures of habit, we need to practice acting in spite of fear, in spite of doubt, in spite of worry, in spite of uncertainty, in spite of inconvenience, in spite of discomfort, and even to practice acting when we’re not in the mood to act (“It is not necessary to try to get rid of fear in order to succeed”). “If you are willing to do only what’s easy, life will be hard,” explained Eker, “But if you are willing to do what’s hard, life will be easy.” Wow! Take action is the cue! All we’ve learned so far – all the wealth files – is useless if we don’t act. It’s simple as that. If you understand that managing money is crazy important for you but you don’t do it, then what does it help you? Nothing… N.O.T.A.D.A.M.N.T.H.I.N.G.!

It’s easy. Let’s assume that most people know that eating healthy and exercising regularly are important for their health. Then why are health issues bigger than ever before? Because people do not act in accordance with what they think or know is the right thing to do. I don’t say it’s easy to act that way, but it is necessary… at least if you want to be healthy or in this book case, be rich. I have to admit, action can be difficult. Maybe you’re scared, maybe you feel not talented enough, maybe you feel uncomfortable or maybe you are just lazy. But what if sometimes we need to be scared, uncomfortable and make an effort? Well, that’s at least what rich people do said Eker. They act in spite of fear or discomfort. “The only time when you are actually growing,” Eker reasons, “is when you are uncomfortable.” If you are willing to act in seemingly tough circumstances, then you are going to succeed. Life will be easier. If you don’t act, you just stay where you are… or you will even go backwards. For you own sake, take the actions that are necessary for your growth!

Poor people are not willing to be uncomfortable. Being comfortable may make you feel warm, fuzzy, and secure, but it doesn’t allow you to grow. They only time you can actually grow is when you are “outside of your comfort zone.” The minute you get comfortable, you have stopped growing. So, the only way you can grow is when you’re outside your comfort zone. Ask yourself: When was the last time you were outside your comfort zone? I’m sure that was uncomfortable at the moment, but it felt great afterwards. Well, that’s growth! And that’s what you should do every day. Keep living at the edge. Keep living where we don’t feel completely safe and comfy. That’s where we grow!

I say it again: Fear and discomfort should not stop you! Fear most often is based on some (often out of one’s mind) idea of our mind. “You mind is the greatest soap-opera scriptwriter in history.” We, however, have the power to control it and even when our mind goes nut we still have the power to think more rationally and see that often our mind is silly. Eker puts it this way, “Training and managing your own mind is the most important skill you could ever own, in terms of both happiness and success.” Harv suggests starting by observing your mind. What do you think? I mean, literally, what do you think right now? When you do that, you observe your thoughts. When you consciously do that, you can decide whether you want to follow a thought or just let it go and wait for another one. When there is a thought of fear, just let it go. When there is an empowering thought, let it come. “Choose to entertain only empowering thoughts while refusing to focus on disempowering ones,” says Eker. Keep this in mind:

Your thoughts do not run you, you run your thoughts.
So, act in spite of fear and in spite of discomfort.
That’s a necessity for all you want in life…
I Have A Millionaire Mind!

[*I need to note that the Harv Eker makes it clear in this book that he does not mean to degrade poor people. He does not think that rich people are better than poor or middle-class people. They’re just richer.]


No comments:

Post a Comment

Top 10 Most Read Idea(s) Last 7 Days

Idea-Labels

Thinking Creative Question Action Change Your Life Essential Thinker Series Focus Positive Secrets of the Millionaire Mind Harv Eker Success Attitude Choice Learning Nurture Creativity Play Mindset Perspective Time Experience Habit Observation Curious Different Failure Hardworking How-to Generate Ideas Imagination Problem-Solving Wealth 12 Rules for Life Children Inspiration Jordan Peterson Relax Rich Break the Rules Change Perseverance Reading Risk-Taker Seeing Albert Einstein Barriers to Creativity Confidence I Wonder Series People The Subtle Art of Not Giving A F*ck (Mark Hanson) Connection Happiness Money Possibilities The 7 Habits of Highly Effective People Thought With Winning In Mind Asking Books Character Characteristics of Creative Person Is Technology Changing Our Brains Knowledge Practical Process Writing Believe Challenge Childlike Criticism How to Choose Optimism How to Nurture Your Child to Be Creative Innovative Listening Purpose Relationship Responsibility Story of Idea Thomas Edison Value 7 Climate Facts You Need to Know Communicate Control Enjoy Freedom Fun Idea-Quote Meaning Mistakes Open Mind Opportunity Optimistic Original Resourceful Roger von Oech Talent As A Man Thinketh Combination Commitment Discovery Don't Give Up Dream Energetic Environment Friendship Genius Give Up Growth Leonardo da Vinci Picture Playground Quiet Space Random Reason Start With Why (Simon Sinek) Steve Jobs Understand Walk Wisdom Yew Kam Keong Ability Ambiguity Behavior Crazy Daydreaming Decision-Making Example Facts about Creativity Faith Fear Feeling Goal Hearing Humour Improvement Independence Intuition Isaac Newton Lead Love Motivated Nature Non-Conformist Passion Potential Respect Savor Life Self-Image Stephen R. Covey The Power of Habit Word Alternative Application Awareness Common Blocks to Creativity Conversation Discipline Dynamic Emotion Encouragement Expectation Feedback Flexibility Idealistic Jack Foster Leader Logic Mindful Music Negative Performance Persistence Physical Reinforcement Result Right Answer Sixth Sense Society Talking The Human Body Tony Buzan Vincent Ryan Ruggiero Vision Adventurous Appreciate Attention Be Yourself Beautiful Christopher Columbus Conscious Daring Desire Edward de Bono Empathy Excuses Exercise Financial Galileo Goodness Hardship Help Henry Ford How to Be Innovative Humble IQ Jesus Kindness Laugh Let's Get Started! Memory Mental Rehearsal Michael J. Gelb Multitasking Nicolaus Copernicus Patient Pen and Paper Planning Power Praise Prejudice Proactive Progressive Quality Reality Recording Rejection Routine Sharing Simplicity Sleep Social Media Stand Firm Starbuck Stimulate Strength Stress Studying The Internet Theology Think like A Fool Touching Unpopular Usefulness Victor Hugo What If Win-Win Zig Ziglar 6 Common Creative Killers 9 Types of Intelligence A. Samad Said Affirmation Alexander the Great Aristotle Association Assumption Austin Kleon Balance Benedict de Spinoza Benjamin Franklin Bette Nesmith Graham Bill Gates Blessing Brainstorming Business Carpe Diem Chaos and Order Cicero Colonel Sanders Compliance Concentration Contribute Copernicus David Hume Descartes Desiderius Erasmus Development Diversity Don't Try Download Drug Elaboration Eleanor Roosevelt Enthusiasm Error Ethics Eurika Experiment Explore Extrovert Fluency Francis Bacon Free Book Generalist Giving Back Heroes Hopeful Hormones How to Spark Your Creative Mind How-to Maximizing a New Idea Howard Schultz Hunting Illustration Information Integrity Intention Interruption Introvert Investment James Webb Young Jason Mraz Jean-Jacques Rouseau Jim Carrey Jogging John Locke Jurgen Wolff Juxtapositions Legacy Leon Ann Mean Leon Trotsky Light Liquid Paper Machiavelli Management Manifestation Manipulation Marcus Aurelius Mark Zurkerberg Martin Luther Marty Neumeier Maturity Mental Mihaly Csikszentmihalyi Mind Maping Miracles Mission Statement Modeling Money Blueprint Mood Move On My Top 17 Book on Innovative and Creativity Lists Navigation Skills Niccolo Machiavelli Offline Ontology Ordinary Pablo Picasso Pain Paracelsus Paradigm Paradox of Creative People Parenting Passive Income Peace Perception Philosophy Plato Political Practice Priority Privacy Procrastination Productivity Promote Pythagoras of Samos Rational Rebellious Receiving Reformer Rene Descartes Resilience Resource Myopia Rest Reverse Robert Korn Running Safe Saving Say No Scientific Method Scott Belsky Self-Gratification Selling Seneca Skeptic Slow Down Smelling Social Skills Socrates of Athens Soichiro Honda Specialist Spider-Man St Anselm St Augustine of Hippo St Thomas Aquinas Steal like An Artist Stubborn Suffering Synergize Tasting Technology Thales of Miletus The Creative Environment The Empiricist The Mozart Effect Thomas More Tok Nan Toy Tradition Truth Uniformity Unique Universe Unorthodox Volunteer Walt Disney Wildlife Wonder Xenophanes of Colophon