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!
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