WEALTH PRINCIPLES: A REVIEW OF THE SECRETS OF MILLIONAIRE MIND “The rich will continue being richer while the poor will continue being poorer.” This is one of the most common statements made by every single tongue of every single individual in Kenya today. However, author and entrepreneur T. Harv Eker tells us otherwise. In his book, “The Secrets of Millionaire Minds,” Eker informs us that there is a great gap and disparity not only in the amount of wealth owned by the rich and the poor but also in the way they think. According to Eker, there are certain ways of thinking that will certainly make sure that you die a poor man irrespective of the steps you take. As a man, who has had experiences in the same field and who has held a number of conferences on the same, Eker states a great deal of certain principles that all must live by if they would like to turn tens or hundreds to millions. Read them, adopt them and you the rich will continue being richer and you the poor will start being rich and grow richer because they have been tested and proved as working to many people. I also recommend that you get the book and read the whole part of it because I will only discuss less than 10% of it. You can contact me if you are in need of the book. 1. WEALTH PRINCIPLE 1: YOUR INCOME CAN GROW ONLY TO THE EXTENT YOU DO The amount of wealth possessed by an individual is always proportional to the amount of energy the person puts in his source of income. Back in my village, though fallaciously known for fishing, most people practice farming. As at now people are harvesting at home and I asked my mum the harvest she got. I was not surprised by the result because it is what I had anticipated. People will always earn as much as they sow, the returns will always be as much as the investment is and therefore, in order for you to move from a wage of hundreds, you must increase the amount of effort you put into your business. As Stuard Wilde puts it, “The key to success is to raise your own energy, when you do; people will naturally get attracted to you and when they show up, bill ‘em up.” When your business is at the point of making losses, no investor will ever approach you in any deal but the very moment you increase your effort and start making profits and increase the potential of your company, then be surprised not that the hitherto scornful investors will be flooding your office and when they do, as Stuart says, “bill ‘em up.” Josh Billings puts it, “It is not what we don’t know that prevents us from succeeding; it is what we know that just aren’t so that is our greatest obstacles.” Your poverty is not as a result of what you do not know; it is about what you know because that which you know is the obstacle to your success. 2. WEALTH PRINCIPLE 2: IF YOU WANT TO CHANGE THE FRUITS, YOU WILL HAVE TO CHANGE THE ROOTS. IF YOU WANT TO CHANGE THE VISIBLE, YOU MUST FIRST CHANGE THE INVISIBLE. I like saying that human beings see things they way they are and not the way those things are. In short, the environment is a mirror image of us. I usually tell a story of two young men who meet a beautiful lady and engage in a discussion with her. After the discussion, one of the men comment, “Hey, did you see how cute the girl is? I wished she was mine.” The other man however comments, “Hey, the girl is very acute, I liked her lines of reasoning.” If you are always negative, you will always see things in the negative; if you are positive, you will always see things in the positive and that will go a long way in determining your wealth level. Let me ask you, “When you see a mango tree with lots of fruits hanging, what comes into your mind?” Just keep the answer to yourself because it is a true reflection of who you are. The fruits you see are as a result of the roots of the tree and therefore, you cannot change the nature of the fruits unless you do something to the roots. You may water the roots or top dress them and in so doing, you are actually not majoring on the roots but on what will be the outcome- the fruits. For those of us who have been privileged to see an iceberg, what percentage of it do you see on the ocean? For your information, most icebergs only have 9% of them visible from the outside, 91% is deep into the waters and as the Titanic came down, it was not as a result of the 9% people saw but as a result of the 91% people never saw. If you want to be successful, you have to change the roots, you have to change the invisible because it is the roots that give birth to the fruits; it is the invisible that gives birth to the visible. 3. WEALTH PRINCPLE 3: MONEY IS A RESULT, WEALTH IS A RESULT, ILLNESS IS A RESULT, YOUR WEIGHT IS A RESULT, WE LIVE IN A WORLD OF CAUSE AND EFFECT People talk about those who are wealthy and even admire them. Young people would go an extra mile to wish and even swear that they will have the same amount of wealth. However, none of these people has ever sat down to wish and swear to do the very same things that these wealthy people they admire did or are doing. We forget that the wealth is a result of “something done somewhere.” The world is a cause effect organism; Newton’s classical mechanics law number three applied in this case would thus state that for every effect there is an equal and opposite cause and vice versa. It must therefore be known that even if you are born with a silver spoon in the mouth, nothing can come from a silver platter, you must create a cause for it. In the prologue of his book, “The Audacity of Hope,” His Excellency the President of the USA tells us about his journey into politics, especially the senate; despite the many challenges he faced, despite the discrimination based on skin color, posterity matters, funny Islamic name, he still had the audacity to continue- the audacity of hope for a better America. The course of his steps and the great speech he gave in 2004 during the commencement of his campaign trail as a democrat was a real cause whose effect obeyed “Newton’s laws of wealth creation.” If you want to be rich, you must take all the necessary steps it takes for one to be a millionaire- adopt the millionaire mind. 4. THOUGHTS LEAD TO FEELINGS. FEELINGS LEAD TO ACTIONS. ACTIONS LEAD TO RESULTS Eker says that every single man has a money/ wealth blueprint already embedded in his mind- this is the preset program or way of being in relation to money. When Martin Luther was delivering his speech “I have a dream,” he kicked it off with these words, “I stand before you today, in what will go down in history….” In deed the speech has come a long way in history as he had predicted. Sometimes we need to have dreams, dreams in this case means having thoughts of what you would like to do or be in the next few years. What do you feel about the dream? Do you feel like this is a dream/ thought worth implementing? If that is the case, remember that feelings lead to action and therefore, you must, without wasting a second minute, act in pursuit of your dream. The actions will always produce results and if you think I am lying then as Lumumba puts it, “Look at the lives of great men in history or in various sectors of the economy because sometimes in order to know how great you are or how to be great, you have to learn from great men.” Look at the life of Barrack Obama, Nelson Mandela, Bill Gates, Steve Jobs; did their dreams, amalgamated by positive feelings and actions, lead to great results? In his commencement speech at Stanford University in 2005, Steve Jobs tells us a strong story about “Connecting Dots.” When he was dropping out of Reed College or when he was sucked from the company he started, he did not know what he really wanted in life but later in life, he realized that the dots connected in one way or the other. The late Steve then tells us that sometimes we have to trust our feelings on our dreams and implement them believing that one day later in life, the dots will connect. 5. WHEN SUBCONCIOUS MIND MUST CHOOSE BETWEEN DEEPLY- ROOTED EMOTIONS AND LOGIC, EMOTIONS WILL ALWAYS WIN. This is the worst form of stigma that has retarded the minds of many when it comes to wealth creation. As Eker puts it in his book, the upbringing of an individual, the culture in which we have been brought up plays a big role in orienting our minds in relation to wealth possession. He says that some forms of upbringing makes one grow up with a kind of schema and ideologies that are 100% discordant to wealth unlike others and I cannot agree with him more. Once a friend told me, “You know Phelix, you are doing great things but the problem is that all you do are in the name of pride and self- satisfaction while I do anything and everything with one aim- to make money.” In Kenya, people have different orientation to wealth creation depending on the place and nature of upbringing and generally, all Kikuyus are known to be highly entrepreneurial. It is not that they are born entrepreneurial but it is because of the nature of the upbringing- they are brought up knowing that wealth is the most important thing after life. I join Eker in wondering and asking: how do you expect a person to create wealth if he is brought up in an environment that believes that: money is the root of all evil, rich people are greedy, rich people are criminals and filthy, you cannot be rich and spiritual, money doesn’t buy happiness, that is not for people like us, not everyone can be rich, we can’t afford it ? On the contrary, how do you expect poverty out of a person raised in pool of beliefs that: you have to work hard to get money, money doesn’t grow on trees, money talks, money is everything? You have to get rid of the dogma that exists in your mind if they are those that retard wealth creation. If you believe that all rich people are thieves, how then can you become rich yet you do not want to become a thief? That is why Eker says that in such a case the emotion you already have, the negative attitude you already have about rich people will always win and prevent you from being like them; you will forever remain poor. Therefore, the first step is adopting the millionaire mind that requires, as Eker says, that you do the following to change from the in-depth dogmas of the society already installed in you: Awareness: You need to know exactly what dogmas are within you that retard your need to at least be like a tenth of Bill Gates. Understanding: You need to understand the practices and beliefs. How are they playing a role in stunting your move? Disassociation: Having understood them, it is time to disassociate from the practices. If you ever believed that all rich people are filthy and will never go to heaven, you have to stop believing so. Reconditioning: You will then need to recondition your mind to possess a new set of thinking- thoughts like money is everything, money is not got from trees but from hard work, that rich people have the ability to do more humane things that poor people for instance running hospitable organizations . In summary, becoming the millionaire you have always dreamed of being requires only one thing: adopting the millionaire mind.
Posted on: Sat, 23 Aug 2014 08:44:01 +0000
Trending Topics
Recently Viewed Topics
© 2015