Million Dollar Habits Book Summary - Million Dollar Habits Book explained in key points
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Million Dollar Habits summary

Brian Tracy

Proven Power Practices to Double and Triple Your Income

4.4 (1329 ratings)
18 mins

Brief summary

'Million Dollar Habits' by Brian Tracy is a guide to creating success through daily habits. It outlines how high achievers maintain their focus, discipline, and motivation to achieve their goals. The book provides actionable tips and exercises to help readers develop successful habits.

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    Million Dollar Habits
    Summary of 6 key ideas

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    Reprogram yourself for success.

    Humans have a problem. We’ve all developed our own unique self-concept that acts as the main program of our subconscious. We’ve recorded everything that’s ever happened to us, every feeling we’ve ever had, and every emotion we’ve ever felt. All of these influence how we behave. This self-concept we’ve created determines our effectiveness and performance.

    In each area of your life, you have a mini self-concept. Unfortunately, once you’ve developed that, you always behave in accordance with it. So although you have the potential to be, for instance, a great linguist, if your self-concept is telling you you’re terrible at languages, you’re likely never going to become the multilinguist you crave to be.

    Your mini self-concept holds you back. If you truly want to achieve more in a particular area, the key is to increase your mini self-concept in that area. But how exactly can you do that?

    Well, you need to reprogram yourself by examining three parts of your self-concept – your self-ideal, your self-image, and your self-esteem.

    Your self-ideal is the ideal image you have of your best self. It’s a combination of your hopes and dreams together with the qualities and virtues you wish you had. High performers have a clear picture of who they want to be. When you’ve developed your own positive self-ideal you move faster toward becoming that person.

    How you see yourself on the inside – your self-image – affects how you perform outside. Positive and productive inside equals positive and productive outside. If you see yourself as unpopular or insecure, your outside persona will reflect the same. To overcome any negative self-image aspects, fill your mind with positive images of yourself performing at your very best, and hold them there. Then relax. When you have to perform later, your subconscious will remember!

    Finally, your self-esteem is the emotional component of your self-concept and perhaps the most important part – it’s how much you like yourself. Your whole life revolves around it. Every positive experience raises it, and every negative experience lowers it. The gap between your self-ideal and your self-image also affects it. When your current performance is consistent with your ideal, your self-esteem goes up. When it’s inconsistent, it drops. Having a very clear self-ideal improves your performance, makes your performance closer to your ideal, and, as a result, boosts your self-esteem. Even something simple like repeating “I like myself!” boosts your self-esteem immeasurably. Never underestimate the power of words. Try it! You’ll soon feel more confident and happier with yourself.

    Why do you need to do this at all? Having higher self-esteem helps you develop the million-dollar habits that you’ll need to release your full potential. Change your self-concept, and you’ll change your reality.

    In the next sections, we’ll look at the four fundamental goals we discussed in the intro – starting with the habits you need to become fit and healthy.

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    What is Million Dollar Habits about?

    Million Dollar Habits (2017) is the manual to your brain and your life that you never got in school. It explains the “secrets” of success and what you need to do to unlock your full potential.

    Million Dollar Habits Review

    Million Dollar Habits (2003) is a book that offers valuable insights on how to develop habits that lead to success and financial abundance. Here's why this book is worth reading:

    • With its practical tips and strategies, the book provides a roadmap for achieving wealth and reaching your full potential.
    • The author combines personal experiences, expert advice, and real-life case studies to make the content relatable and actionable.
    • Unlike many self-help books, the author's down-to-earth approach and straightforward language ensure that the book is engaging and never boring.

    Who should read Million Dollar Habits?

    • Millionaire wannabes
    • Couch potatoes looking to get fit and healthy 
    • People who want to develop great relationships

    About the Author

    Brian Tracy has worked in many businesses and traveled to 120 countries. He’s learned several languages and skills along the way. He’s dedicated the last 35 years to working with large corporations and helping them achieve their goals. Now he’s a successful speaker, consultant, and seminar leader.

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    Million Dollar Habits FAQs 

    What is the main message of Million Dollar Habits?

    The main message of Million Dollar Habits is that success is achieved through the development of effective habits in all areas of life.

    How long does it take to read Million Dollar Habits?

    The reading time for Million Dollar Habits varies depending on the reader's speed. However, the Blinkist summary can be read in just 15 minutes.

    Is Million Dollar Habits a good book? Is it worth reading?

    Million Dollar Habits is worth reading as it provides valuable insights and practical strategies for personal and financial success.

    Who is the author of Million Dollar Habits?

    The author of Million Dollar Habits is Brian Tracy.

    What to read after Million Dollar Habits?

    If you're wondering what to read next after Million Dollar Habits, here are some recommendations we suggest:
    • Tools of Titans by Tim Ferriss
    • Master Your Emotions by Thibaut Meurisse
    • Millionaire Success Habits by Dean Graziosi
    • How Highly Effective People Speak by Peter Andrei
    • Rewire by Richard O'Connor
    • Unfu*k Yourself by Gary John Bishop
    • Do Hard Things by Steve Magness
    • Don't Overthink It by Anne Bogel
    • The Millionaire Real Estate Agent by Gary Keller with Dave Jenks and Jay Papasan
    • From Strength to Strength by Arthur C. Brooks