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Blink 3 of 8 - The 5 AM Club
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7 Strategies for Wealth and Happiness summary
Power Ideas from America's Foremost Business Philosopher
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Brief summary
"7 Strategies for Wealth & Happiness" by Jim Rohn is a guide to achieving success and happiness through personal development. It offers practical advice on goal setting, time management, and building relationships, emphasizing the importance of taking responsibility for one's own life.
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7 Strategies for Wealth and Happiness
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Setting clear goals will help you discipline yourself and create structure.
Think back to the last time you completed one of your goals or crossed an item off your to-do list. What happened afterward? Inevitably, another task cropped up to take its place.
While this may seem frustrating, it’s ultimately a good thing. You don’t want to have just one goal at a time, because after you achieve it, you could be left lost and aimless.
Consider the Apollo astronauts after they returned from their life-changing trip to the moon. Sadly, several of the astronauts fell into depression because they no longer had anything to strive for. Nowadays, as part of their mandatory training, astronauts develop goals to work toward after their missions are complete.
You too should have goals. To get started, it’s important that you set aside some time to work on them. Try the following journaling exercise to help you visualize your long-term goals and get you thinking about how to achieve them.
Grab a notebook and think about what you want to accomplish in the next one to ten years. Then write down a list of those goals as quickly as possible. Try for around 50 goals in total.
After your list is complete, assign each goal to one of four categories based on how long you think it will take to accomplish: one, three, five or ten years.
Next, balance your list so you don’t have too many goals in any one category. Remove items from categories that have too many goals and add new goals to categories with too few.
Then circle the four most important goals from each category. You should now have a list of 16 goals in total.
Finally, write one paragraph about each goal. In the first half of each paragraph, describe exactly what the goal is. If it’s a product you want to purchase, for example, write down the model, color, cost and any other significant details. Then, in the second half of the paragraph, write down why you want to achieve each goal. If you can’t think of a strong enough reason, it’s possible this particular goal isn’t worth your time. In that case, consider replacing it with a different goal.
After you’ve refined your list, you’ll be able to refer back to it to check your progress and review which goals are still important to you and which aren’t.
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What is 7 Strategies for Wealth and Happiness about?
7 Strategies for Wealth & Happiness (1985) lays out an inspiring approach to developing your full potential through discipline and action. Instead of offering get-rich-quick schemes, it reminds us that success is a direct result of our own efforts to improve ourselves. More than that, it shows that a fulfilling lifestyle is not just about wealth – it’s about getting rid of old ways of thinking and adopting a positive mindset.
7 Strategies for Wealth and Happiness Review
7 Strategies for Wealth & Happiness by Jim Rohn (1985) offers practical advice on achieving financial success and finding fulfillment in life. Here's why this book is worth reading:
- With its timeless wisdom, the book provides clear strategies and actionable steps to shape a prosperous future.
- Rooted in real-world experiences, it offers relatable stories and examples that illustrate the principles of wealth and happiness.
- Jim Rohn's engaging and conversational style keeps readers hooked, ensuring that the book is never boring.
Best quote from 7 Strategies for Wealth and Happiness
Unless you have goals, it is impossible to manage your time effectively.
—Jim Rohn
Who should read 7 Strategies for Wealth and Happiness?
- Employees who feel stuck in a rut
- Goal-setters having a hard time making progress
- Anyone seeking ways to achieve success and improve their lives
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7 Strategies for Wealth and Happiness FAQs
What is the main message of 7 Strategies for Wealth & Happiness?
The main message of 7 Strategies for Wealth & Happiness is that wealth and happiness can be achieved through specific strategies and mindset.
How long does it take to read 7 Strategies for Wealth & Happiness?
The reading time for 7 Strategies for Wealth & Happiness varies depending on the reader, but it typically takes a few hours. However, the Blinkist summary can be read in just 15 minutes.
Is 7 Strategies for Wealth & Happiness a good book? Is it worth reading?
7 Strategies for Wealth & Happiness is a valuable read for anyone looking to achieve success and happiness. It provides practical strategies and insights for personal and financial growth.
Who is the author of 7 Strategies for Wealth & Happiness?
The author of 7 Strategies for Wealth & Happiness is Jim Rohn.
What to read after 7 Strategies for Wealth and Happiness?
If you're wondering what to read next after 7 Strategies for Wealth and Happiness, here are some recommendations we suggest:
- The 3-Minute Rule by Brant Pinvidic
- Powered by Happy by Beth Thomas
- The Body by Bill Bryson
- Tiny Habits by BJ Fogg
- Millionaire Success Habits by Dean Graziosi
- Culture Renovation by Kevin Oakes
- Emotional Intelligence by Daniel Goleman
- Think and Grow Rich by Napoleon Hill
- Rich Dad’s Guide to Investing by Robert T. Kiyosaki
- The Millionaire Next Door by Thomas J. Stanley and William D. Danko