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4.0 out of 5 stars Thoughts of Success, 7 Dec 2013
This review is from: How Rich People Think (Paperback)
Steve Siebold has spent more than 20 years interviewing people who have been financially successful and some who have achieved only average success. This type of research might emphasize the value of inherited family wealth, cultivating connections, or turning an idea into a successful business enterprise. Instead the author focuses on something more fundamental--the beliefs and life strategies that distinguish the rich from the average person.

Each belief is described in a concisely-written chapter with examples and suggestions for further reading and improvement. The book lists and describes 100 such beliefs. Key chapters cover:

1. Average people focus on saving while the rich focus on earning.
2. Average people believe money is earned through labor while the rich believe money is earned through thinking.
3. Average people have loosely-defined goals with flexible deadlines while the rich have highly-defined goals with do-or-die deadlines.
4. Average people work as little as possible while the rich work as smart as possible.
5. Average people believe having a job gives them security while the rich know there is no such thing.

Some of these strategies challenge the common wisdom about how to become successful. They are worth considering. Interested readers might also enjoy Theodore Dalrymple's Life At The Bottom in which he outlines how self-defeating beliefs keep some people in lifelong poverty.
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