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Secrets of the Millionaire Mind
Mastering the Inner Game of Wealth
- Read in 18 minutes
- Audio & text available
- Contains 12 key ideas
Secrets of the Millionaire Mind (2005) explains how people unconsciously develop rigid attitudes and behavioral patterns in their relationship to money that they learned from their parents – and that will determine their future wealth. It presents the key guiding principles and thought patterns that millionaires live by and anybody who wants to get rich should adopt.
Key idea 1 of 12
Specific thought patterns preprogram our wealth.
Everybody has a different relationship to money and wealth. Some people have the Midas touch, transforming everything they touch into gold. Other people earn lots of money with a good business concept, but then get cocky and throw it all out the window or lose it in bad investments. Others don’t invest a dime and are broke all the time anyway.
Many people think that once they’ve acquired the right knowledge about business strategies and financial management they will automatically be financially successful. However, their income and monetary transactions don’t depend so much on skills or luck and fate as they do on unconscious thought patterns we all have ingrained in us.
Everybody has specific thought structures saved permanently on their internal “hard drives.” Millionaires are programmed for wealth, while others are programmed for a medium or low-income level. Childhood experiences and role models shape these thought patterns and guide our behavior to such an extent that they directly influence our level of wealth later on.
Whether we’re talking thousands, millions or even billions, people’s incomes hardly end up deviating from the levels that were set for them in childhood. Why? Because their subconscious regulates them like a thermostat. If their thermostat is set too low, as soon as they get their hands on some extra cash, they throw their money around. But, if their thermostat is set on high, that is, on wealth, they immediately offset a money shortage by saving and usually make sure their wealth grows.
Most people are programmed to earn a low income, which means that many people have the potential to get rich – but very few people manage to stay rich and accumulate lasting wealth. In contrast, self-made billionaires like Donald Trump may lose unspeakable quantities of money at times, but they always regain their wealth because they think like billionaires. Anybody who wants to follow their example should learn to disregard their old thought patterns and overwrite them with millionaire thinking.