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Blink 3 of 8 - The 5 AM Club
by Robin Sharma
Listen to the Intro
My Philosophy for Successful Living summary
Jim Rohn
Life Lessons From a Master Motivator
13 mins
Table of Contents
My Philosophy for Successful Living
Summary of 7 key ideas
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Key idea 1 of 7
Your income is dependent on your philosophy
How often do you catch yourself daydreaming about a fatter wallet? In those daydreams, do you point fingers at external forces for your meager earnings? Maybe you keep on saying that taxes are gobbling up your paycheck, your stingy company isn’t paying you enough, or the cost of living in your area is just ludicrous.
But here’s something to blow your mind: you’re making less not because of your taxes, company, or city – you’re making less because of your thinking. Your philosophy of living holds the power to determine your financial status. It’s this philosophy that fuels your decisions and actions and ultimately brings about changes in your life.
There are four philosophies of living that most people gravitate towards. The first is the philosophy of governmental intervention. As its name suggests, this philosophy involves asking your country’s leaders to enact laws that provide higher compensation.
The second is the philosophy of demand. Instead of the government, you depend on your company to give you a raise.
The third is the philosophy of collective confrontation, where you and your fellow workers go on strike to demand a wage increase.
And the fourth is the philosophy of performance and productivity. Here, you prioritize self-education and improvement, honing your expertise and gaining more skills.
To get where you want to be finance-wise, you need to scrap the first three philosophies and adopt the fourth one. This means taking matters into your own hands rather than wasting your time and energy waiting for the government or your company to act. That’s what the philosophy of performance and productivity is all about. But how exactly can it help you get rich?
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What is My Philosophy for Successful Living about?
My Philosophy for Successful Living (2011) examines the secrets of how to lead a financially successful and personally fulfilling life. Drawing from the author’s experiences, it presents nuggets of wisdom on topics such as finances, personal development, and goal setting.
Who should read My Philosophy for Successful Living?
- Anyone looking to change the trajectory of their finances
- People wanting to turn their lives around
- Finance and personal development enthusiasts
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