Author: Jim Rohn. Title: “seven strategies for wealth and happiness - power ideas from America’s foremost, business philosopher”. (1985)
Rating: A+ (update 2023-12-15)
Major takeaways:
• "Formal education can make you a living, self education can make you a fortune" - Jim Rohn
• Rohns mentor mr. shoaff: "if you wish to be successful, study success. If you wish to be happy, study happiness. If you want to make money, study the acquisition of wealth. Those who achieve these things don't do it by accident. It's a matter of studying first and practicing second."
• Success is the natural consequence of consistently applying the fundamentals of success to life: I.e. have a system, follow a process
• Have enough reasons: have a big why
• Long range goals: what do I want to do? What do I want to be? What do I want to see? What do I want to have? Where do I want to go? What would I like to share?
• Income rarely exceeds personal development
• All leaders are readers
• Axiom: To have more than you've got, become more than you are
• It's hard to keep that which has not been obtained trough personal development
• You can change all things for the better when you change yourself for the better
• Live on 70% of income and the rest to investing, saving and giving
• Operate from document not from thought
• You are what you read
A quote defining success:
“Success is a process of turning away from something in order to turn towards something better - from lethargy to exercise, from candy to fruit, from spending to investing.
Success is responding to an invitation to change, to grow, to develop, and to become - an invitation to move up to a better place in order to gain a better vantage point.
But most of all, success is making your life what you want it to be. Considering all the possibilities, considering all the examples of others whose lives you admire, what do you want from your life? That is the big question!
Remember, success is not a set of standards from our culture but rather a collection of personal values clearly defined and ultimately achieved.” Page 17
Questions
What is it worth?
Is this a major or a minor?
Other Quotes (some from YouTube)
Without dreams and vision, we perish (the Bible)
Disciplines is the master key, page 13
Success is something you attract
Why set a goal to make a million dollars? Answer: for what it will make you become. (Great answer)
“The Bible teaches us that humans cannot live on bread alone. It tells us that next to food, our minds and souls must be nourished by words. Unfortunately, most people suffer from mental malnutrition.” Page 58
“Mr. Shoaff got me started on books from the beginning. He said, ‘become self educated. Standard education will bring you standard results’. Check the income figures of those with a standard education and see if that’s what you want. If it isn’t, if you want more than the average, you must become self educated so I went to work on building a library. And today I have one of the best.” Page 59
“So here’s the great axiom of life: to have more than you’ve got, become more than you are. This is where you should focus most of your attention. Otherwise, you just might have to contend with the axiom of not changing, which is: unless you change how you are, you’ll always have what you’ve got.
Income rarely exceeds personal development.”
Page 67.
Recommendations for reading
“Think and grow rich” Napoleon Hill
“The richest man in Babylon”, George Clason
The Bible
Summary: this excellent short book by Jim Rohn talked about how you can change your life's course by first changing yourself by educating yourself, reading books, having long and short term written goals, starting with the small steps, getting mentors, learning trough others and having a plan for financial freedom.