”21 secrets of self- made millionaires” is highly fascinating self help book that motivate readers to accumulate wealth by applying the principles applied by millionaires.This book had 21 key lessons with inspirational stories one can apply and get ahead in life.Here I’ll discuss all the takeways from this reading.
21 secrets of self-made millionaires is written by Brian Tracy who’s a famous public speaker.He had left high school back in past and had started his journey as a salesman.
- His writings mostly explores topics of procrastination,time management,dreams and motivation.Here’s brian Tracy some top book:
- Eat That Frog
21 Success Secrets of Self-Made Millionaires Summary
- Here is 21 success secrets of self-made millionaires summary:
Dreams Big Dreams
It’s the first chapter of 21 secrets of self-made millionaires by Brian Tracy.Indeed,dreams keep us move ahead.Author emphasize that we should think about things we want in life.He had discussed one important term in this chapter”Back from future”practice.
- This term means we should think what I’ll do in next 5 years.How much I’ll gonna earn and where I live?This questions help us to pay focus on present goals and go for dreams.
Develop a clear sense of direction
If we ain’t have any direction or don’t know where to go,our struggle is useless.Brian Tracy told this point by sharing Thomas Caryle qoutation that purpose keep us moving ahead and bring progress.
Remember,whatever happens to us it’s related to how much we think and what we think always.Successful persons especially millionaires do these things:
- Discuss their goals
- Visualize the victory
While the average person unlike millionaires always discuss his life problems.Author had used a term “7 Step Formula”.It include:
- Decide what you need
- Write your goals
- Set deadline for getting goals
- List of things I wanna think
- Organize your thinking list
- Take action
- Do the Things and go ahead
See Yourself as self employed
This chapter of 21 secrets of self-made millionaires focus on taking responsibilities in life.Author says about 3 percent of Americans consider themselves as self employed.This give them mentality that make them entrepreneurs.
- Further, Brian Tracy says to readers that handle things that keep you away from action.
Do what you love to do
- Most of millionaires always did what they loved.Its the thing that make us special.No matter which talent you have,you should do what you love in your field.
Commit To Excellence
It’s the 5th and most favorite secret of millionaires.Whatever life you demand,the quality of it must rely on our commitment.Its all how much we are willing to do anything.
- Try to know find things that create resistance and make plans.
Work Longer and Harder
Indeed,struggle is a root for success.Author says that most of millionaires work 19 hours per week.Some prefer to work 40 hours per week.This shows their passion.
He says readers should try “40 plus formula“.It says try to work about 40 hrs a weak.
Dedicate yourself to life long learning
Our mind is same as a muscle.It become good with time.Same happens to mind,we should never stop learning.Brian Tracy had even discussed three keys:
- Read daily 30 to 60 minutes
- Listen to audiobooks
- Attend seminars for knowledge building
Brian Tracy here discussed benefits of saving our 10 percent of income.Althogh it’s tiresome but had long lasting advantages.He had discussed parkinson’s law in this chapter.
- This law apply to modern era says our expenditures are more then our income.
Learn Every Detail of your business
If you’re a salesman,this chapter gonna inspire you.Author totally summarized the idea that one should try to be an expert in his respective field.There is a law in this chapter that attracted me “Law of integrative complexity”.It says if one become an expert and acquire great knowledge, he’ll achieve at top easily.Most of millionaires had tried this thing in their life.
Dedicate yourself to saving others
It’s another chapter for shop keepers.One should be kind to his customers.Morever, customers prefer those seller who must behave kind and provide quick service.
- Try to find the ways for improving service.
Be absolutely honest with yourself and others
- It’s the 11th secret of millionaires.How you can get outcomes,if you ain’t loyal to yourself.Integrity is biggest quality for success.
Determine your highest qualities and concentrate on them single mindedly
It’s another key lesson from millionaires journey.This chapter says one should perform one task at one time.After finishing one work,go for other.There’s a book on task management.
Develop a reputation for speed and dependability
- The world is becoming fast.Even loyal clients get move away if we have slow service.
- Try to provide things as early as possible to your clients.
Be prepared to climb from peak to peak
- Author had used example of climber.He climbs from peak to peak by seeing ups and downs.For getting goals,try to be be confident and never hurt yourself by downs in the life.
Practice Self Discipline in all things
- Discipline is necessary for achievement.It keep us self aware and strengthen us.
Unlock your inborn
Well,Einstein said that try to imagine as it bring output.Our Brian had billions of neuronal connections that provide unlimited thinking capacity.This chapter focus on unlocking the real talent within us and moving ahead.
Get around right people
A company has an impact on us.If you see the life of millionaires,they surround themselves with the people like them.As I discussed the summary of “zero to one“where Peter Theil said how he made PayPal in a team including Elon musk.
Take excellent care of your physical health
Well,this chapter was an average.Author says that exercise is mandatory for health.Try to do these things for living longer:
- Set a range for your weight
- Follow good diet
- Exercise about 30mins per day
Be decisive and action oriented
This tells another point from millionaires life.They always take decisions wisely and find ways for getting goals.On the opposite side, unsuccessful people always seems resistant to take decisions in life.
Never allow failure to be an option
It’s the second last chapter.The name of chapter is from movie “Apollo 13″.No doubt,failure is good for us but the fear of failure is worse than all.
I loved the example Brian Tracy used of Thomas J Watson.A journalist questioned him for getting success and he answered him that double your failure rate.
- This shows how much failure guide us.Its good to fail than doing nothing at all.
Pass the persistence test
Persistence means never give up or flow like water in bad moments.
For example,if you fail in a skill,say I’ll do it and try again.This thing make you a persistent man.Here’s some tips for becoming persistent in life:
- Confront or tackle bad events
- Try again
- Believe in your ability
- Control your self in hardships
Book Review:21 Success Secrets of Self-made Millionaires
Well,it was a good read.The best thing about this book is you can cover it in 30 minutes.Some of lessons from millionaires life had motivated me like Discipline role in success and being true to yourself first.
- Further,the language was simple.If you’re looking for short motivational books,you can try this one.
Conclusion:21 Success Secrets of Self-made Millionaires Summary
Here in this article i had discussed ”21 success secrets of self-made millionaires summary”,a book by Brian Tracy.This book had 21 key lessons from millionaires life that can inspire newbies.All these principles are applicable.If you had loved our blog,share it.