SECRETS OF THE MILLIONAIRE MIND | Harv Eker

Main Ideas and Key Points

Difference #1: Think Big vs. Think Small

• Rich People: Think big, value their time highly.
• Poor People: Focus on saving small amounts at the cost of time.

Difference #2: Results vs. Time

• Rich People: Choose to get paid based on results.
• Poor People: Choose to get paid based on time and effort.
• STRATEGY: Work for the result, not for the salary.

Difference #3: “Both” vs. “Either/Or”

• Rich People: Believe in abundance and want both.
• Poor People: Believe in scarcity and choose one over the other.

Difference #4: Opportunities vs. Obstacles

• Rich People: Focus on opportunities and potential.
• Poor People: Focus on obstacles, risks, and what could go wrong.
• STRATEGY: Focus on opportunities to get more opportunities.

Difference #5: Associations

• Rich People: Associate with positive, successful people.
• Poor People: Associate with negative or unsuccessful people.
• STRATEGY: Study and model successful people.

Difference #6: Commitment

• Rich People: Are committed and know exactly what they want.
• Poor People: Just want to be rich without specific plans.

Difference #7: Promotion

• Rich People: Promote themselves and their values.
• Poor People: Think negatively about selling and promoting.
• STRATEGY: Promoting is a duty if you believe in your product.

Difference #8: Life Control

• Rich People: Believe they create their own life.
• Poor People: Believe life happens to them.

Difference #9: Money Management

• Rich People: Manage their money well.
• Poor People: Mismanage their money.
• STRATEGY: Use five accounts: Investment, Play, Education, Give, Expense.

Difference #10: Problem-Solving

• Rich People: Are bigger than their problems.
• Poor People: Are smaller than their problems.

Difference #11: Receiving

• Rich People: Are excellent receivers.
• Poor People: Are poor receivers.
• STRATEGY: Accept compliments and gifts graciously.

Difference #12: Playing to Win

• Rich People: Play the money game to win.
• Poor People: Play the money game to not lose.

Difference #13: Money Working

• Rich People: Have their money work hard for them.
• Poor People: Work hard for their money.
• STRATEGY: Create passive income to achieve financial freedom.

Difference #14: Net Worth

• Rich People: Focus on their net worth.
• Poor People: Focus on their working income.

Difference #15: Action

• Rich People: Act despite fear.
• Poor People: Let fear stop them.

Difference #16: Learning and Growth

• Rich People: Constantly learn and grow.
• Poor People: Think they already know.

Difference #17: Admiration

• Rich People: Admire other rich and successful people.
• Poor People: Resent rich and successful people.