Secret of the Millionaire Mind: Wealth File #7 Rich People Associate with Positive, Successful People

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 #7:

Rich People Associate with Positive, Successful People.

Poor People Associate with Negative or Unsuccessful People.

Why reinvent the wheel? “The fastest and easiest way to create wealth,” said Eker, “is to learn exactly how rich people, who are the masters of money, play the game.” If you want to fly with eagles, don’t swim with the ducks! Why reinvent the wheel? The logic is simple: If your goal is to be rich, then study the rich people. Do what they do. There is a reason why they are rich. The easiest way of studying them is being near to them. It’s simple. It’s similar to entering the corridor (refer to the previous post) to get to know the business. From the inside, you learn much, much more in much, much less time. Again, if you want to be rich, model rich people. If you want to be a great leader, for another example, then model great leaders! This is logic: If you take the exact same actions and have the exact same mindset, chances are good you will get the exact same results.

Another way to say this wealth file is associated with people who have achieved what you want to achieve. They know a lot. They know how to act and what to do. They have the skills needed to succeed. Associate with them, study them. Let’s take an example from the animal kingdom if a chicken just swims with the ducks, how is it going to learn how to fly like an eagle? Guess what, it’s not… and the same holds true for you. If you hang out with poor people* only, you’re never going to be rich (By hangout with the rich, this can also mean ‘hangout’ with their books, videos, and podcasts). Talking of birds, you’ve probably heard the saying, “Birds of a feather flock together.” This saying basically says that people of the same kind often hang out together. People spend time with people who are similar or they become the people they hang out always. What’s first come to your mind: Do you flock together because you are similar or do you become similar because you flock together?

Jim Rohn once said, “You are the average of the five people you spend the most time.” Have you read this quote? Yes? Good. No? Read it. Jim Rohn just gave the answer to my question. What matters is who you spend MOST time with (of course you may hang out with anyone you like, no discrimination). If the people you hang out with are positive, chances are high you’re positive too. If they’re complaining, chances are high that you complain too. “Rich people hang around with winners. Poor people* hang around with losers. Why? It’s a matter of comfort,” said Eker, somewhat hard-truth, “Rich people are comfortable with other successful people. They feel worthy of being with them. Poor people are unfordable with highly successful people. They’re either afraid they’ll be rejected or feel as if they don’t belong. To protect itself, the ego then goes into judgment and criticism.” Either you agree or disagree with Eker’s statement, this principle remains solid: If you want to get rich, model and associated with rich people. If you don’t have rich friends (like me, not yet so far), read their books – the books that they wrote or the books that they read or both. Or watch their videos on YouTube or listen to their talks and interviews on podcasts. Do it!

[*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.]

I Have A Millionaire Mind!

Renaissance Innovators who Challenge Orthodoxies (Nonconformists Wins)

Perhaps the first thing that comes to mind when we think about Renaissance innovators is their contrarian spirit. It was a time when people began to ask sceptical questions that had never been asked before, and to challenge deeply entrenched beliefs that had long been taken for granted. For examples:

Copernicus, Galileo, and Kepler asked:

“What if the Earth is not the centre of the Universe? What if it revolves around the Sun along with the other planets?”

Martin Luther asked:

“What if the papacy and the dogma of the Roman Catholic church are actually wrong? And what if we could read the Bible and listen to sermons in our own language, instead of in Latin?”

Petrarch asked:

“What if a person can achieve great things in this world without being ungodly? What if God wants us to use the intellectual and creative powers he gave us to their fullest potential?”

Andreas Vesalius asked:

“What if the dominant theories of human anatomy that have been unassailable for a thousand years are fully misguided? What if the human body functions completely differently than we have been taught? And what if we started dissecting some dead bodies to find out the truth?”

Paracelsus asked:

“What if everything we know about medicine is nonsense? What if certain chemicals and minerals, used in the right dosage, would be a far better way to cure illnesses than traditional practices? What if nature could teach us more about medicine than ancient books from Greece and Rome?”

Machiavelli asked:

“What if politics has nothing to do with theology or morality? What if it’s simply about using all means – fair and foul – to retain power?”

Descartes asked:

“What if all of our traditional systems of thinking, most of which are founded upon Aristotle’s ideas, are false? What if we set out to build a new philosophical system from the group up, by first doubting everything we think we know?”

Isaac Newton asked:

“What if conventional concepts of physics, gravity, and motion are inconsistent with reality? What if we need new laws and mathematical models for understanding mechanics?”

Filippo Brunelleschi and Leon Battista Alberti asked:

“Why can’t a painting be less like wall decoration and more like a window into the nature world? What if we used mathematical and optional principles to imitate objects so accurately that they look entirely real?”

Christopher Columbus asked:

“What if we could get to the East Indies much faster by sailing west instead of east and circumnavigating the globe?”

Amerigo Vespucci asked:

“What if the Earth has a much larger circumference that we learned from Ptolemy’s cartography? What if these lands Columbus has newly discovered are not the Indies at all, but in fact another whole continent – a New World?”

Almost by definition, the Renaissance revolutionaries were nonconformists who were willing to contest previously held truths – beliefs and assumptions that had been accepted as absolute truth for perhaps a thousand years or more – and to reinvent their worldview completely from scratch. Many of them were branded as heretics or lunatics. Yet their propensity to break the chains of precedent and to challenge conventional thinking became the basis for a whole string of breakthrough discoveries and new philosophies that literally changed our world.

[Questions are taken from The 4 Lenses of Innovation (2015) by Rowan Gibson. Title mine]

Lord, Give Us Today Our Daily Idea(s)

Change Your Life: Actively Learn the Lessons of Hardship

“Never let a good crisis go to waste”

(Anne Harbison)

Although I do not wish hardship on myself, hardship often finds me, and when it does, I have a choice. I can treat it as a purely negative experience – one that I should put behind me as soon as possible and never think of again – or I can actively seek to identify and understand the lesson that every hardship contains within it.

For example, through hardship I can learn about humbleness (gaining a better understanding of my limitations), empathy (learning to connect to the pain of others), patience (absorbing the lesson that things do not always turn out as we planned), and resilience (gaining confidence from my ability to bounce back after the hardship is overcome). I most certainly do not have to be happy about everything negative happens to me, I can use it as a tool for development and growth. Things do not necessarily happen for the best, but I can choose to make the best things that happen.

Find the lessons in difficulties that you are facing right now. Look back and learn from hardships that you’ve experienced in the past; you will not only derive important lessons from reflecting on these challenges, you will also realize how much you have grown as a result. And how God works in and through you all this while.

Don’t avoid learning from hardship,

Actively learn the lessons of hardship.

Lord, Give Us Today Our Daily Idea(s)

 References:

1. Choose the Life You Want: 101 Ways to Create You Own Road to Happiness by Tal Ben-Shahar, PhD (New York: The Experiment, 2012) Buy this book!

2. The Handbook of Posttraumatic Growth: Research and Practice by L.G. Calhoun and R.G. Tedeschi (Mahwah, NJ: Lawrence Erlbaum Associates, 2006)

How to Spark Your Creative Mind

“All human beings have the capacity to generate novel, original, clever, or ingenious products, solutions, and techniques. Creative human beings develop that capacity… Creative people take risks and frequently push the boundaries of their perceived limits” (Art Costa).

“A mind that is stretched to a new idea never returns to its original dimensions”
(Oliver Wendell Holmes).

Creativity can be hard to define. How do you describe the “Eureka!” moment when a person experiences a creative insight? Some researchers define creativity as combining existing elements in an innovative way that creates a new purpose (for example, motor + bicycle = motorcycle). Others see creativity as the art of generating novel ideas from taking a fresh look at how things are interrelated (for example, as Charles Cave writes, “…noting the regular diet of ladybugs inspired organic farmers to bring ladybugs in to consume crop-destroying aphids”).

Thinking about what is creative may call to mind images such as street buskers playing guitar and drummer banging out a complex rhythm at Waterfront Kuching or the designs for the Dewan Undangan Negeri (DUN) Sarawak building. Creativity, however, encompasses much more than music and art. Creativity gives rise to innovative ideas and products that bring changes both great and small.

Consider the following examples of creative innovations that have had an impact; Art Fry and Spence Silver invented the Post-it^TM in 1980, enabling people to save paper and protect documents by using removable notes; agricultural chemist George Washington Carver developed the revolutionary method of crop rotation – alternating soil-depleting crops with soil-enriching ones – allowing land to be used more efficiently; Jim Henson revolutionized children’s television and the way children learn about the world through his invention of the Muppets and development of Sesame Street (a TV program that I like very much when I was a kid); and more.

Creativity doesn’t just happen on these world-shifting levels. You too are a creative thinker. Every day you do some sort of creative works. Your everyday moments of creativity might include events similar to mine as following: Thinking of a new way to talk to co-worker about a problem, changing how I commute to office so that I can work or listen to audiobook while I’m in transit, and finding a unique way to write a blog topic that sets it apart from other articles posted in the internet (Okay, maybe not everyone doing these. But I hope you get what I mean). 

Learning how to heighten your creativity will boost your ability to think productively and successfully. Begin by thinking of creativity in three separate ways:

1) The characteristics of the creative person

2) The type of environment that fosters creativity

3) The stages of the creative process

As you work toward any creative outcome – a novel solution, idea, approach, tangible product, work of art, system, or program – focus on these three elements to maximize your creative abilities. I will post each how-to boost your creative thinking in following post article. Stay updated.

Lord, Give Us Today Our Daily Idea(s)