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How Rich People Think Paperback – 1 Jul 2010

4.2 out of 5 stars 20 customer reviews

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Frequently Bought Together

  • How Rich People Think
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  • Rich Habits: The Daily Success Habits of Wealthy Individuals: Find Out How the Rich Get So Rich (the Secrets to Financial Success Revealed)
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  • The Richest Man in Babylon
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Product details

  • Paperback: 226 pages
  • Publisher: London House Press (1 July 2010)
  • Language: English
  • ISBN-10: 0975500341
  • ISBN-13: 978-0975500347
  • Product Dimensions: 13.3 x 1.3 x 20.3 cm
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (20 customer reviews)
  • Amazon Bestsellers Rank: 171,075 in Books (See Top 100 in Books)

Product Description

About the Author

Steve Siebold is a former professional athlete and national coach He's spent the past 26 years studying the thought processes, habits, and philosophies of world class performers. Today he helps Fortune 500 companies increase sales through mental toughness training. His clients include Johnson & Johnson, Procter & Gamble and Toyota. He's written four other books on mental toughness, two of which have become business best-sellers with over 130,000 copies in print. His national television show, Mental Toughness with Steve Siebold, won the 2007 Telly Award. In the past 6 months, Steve has been interviewed on the Today Show, Good Morning America, ABC News, The BBC in Europe, NBC Australia, and dozens of others. As a professional speaker, Steve ranks among the top 1% of income earners worldwide. Steve's blog, MentalToughnessBlog.com is currently one of the fastest growing audio/video blogs on the Internet.


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Customer Reviews

4.2 out of 5 stars
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Top Customer Reviews

By John M. Ford TOP 500 REVIEWER on 7 Dec. 2013
Format: 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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This was a refreshing read. I needed a positive boost and this book delivered. It wasn't that the ideas were new and in some places they repeated but the ideas were unpacked really well bringing a new slant. A must if you don't have positive people surrounding you.
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This book has come at exactly the right time. The best self help book by far! I've read so many and have made changes but changing my beliefs is going to be the best way to achieved my ultimate goal. Thank you
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Format: Paperback
How Rich People Think by Steve Siebold covers information from the multiple interviews that the author had with millionaires. The 208 pages contrast middle class thinking with what the author terms world class (millionaire viewpoints). However, one must have an open mind because he includes controversial details such as: Middle Class teaches their kids to be happy with what they have while the world class (the wealthy men and women) teaches their kids how to go for their dreams (pages 188-189). Additionally, I reluctantly admit that I now fully understand exactly what the author means when he says that the middle class only focuses on money when they need it while the world class focuses on money all the time (pages 204-205). He also generously shares some further links (various money and business subject books) for knowledge by including an additional rich resource after each of the contrasting beliefs of the middle class and wealthy class.
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Do yourself a favour and read books written by actual rich people not passive observers like this guy.
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How Rich People Think discusses the mindset of the rich, and offers practical advice on how to break from any traditional bounds of limited thought in order to access this "higher level" of mental empowerment. Mumbo Jumbo aside: the book is a decent read, split into short chapters each of which finishes with a practical activity to help you improve your financial situation. Unfortunately much of this centres around the assumption that you are an entrepreneurial business person or investor already... oh well, we live and learn!

Good:
- Easy to read and understand
- Short chapters make it ideal for on the bus or train
- Clear "take home" messages and activities give it purpose and application to YOUR life.

Bad:
- It's another somewhat idealised and moderately patronising life coaching book...

Summary:
Worth reading, interesting advice that can be applied to much of daily life as well as one's financial planning!
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Definitely a great book to read if you have doubts and fears over earning a lot of money. Steve Siebold has done much research with millionaires and multi-millionaires and has asked them the sort of questions we might be interested to ask. Each question is a page long which is just so suitable and doesn't ramble and go on and on. Succinct. Makes you shift your thinking and judgements on very rich people and also helps you find out where your money blocks might be. So a great one for coaches and lay people alike.
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The problem with this book is that it keeps repeating the same thing over and over again. he keeps telling you the same thing over and over again throughout the book. After a while it gets a bit annoying.
But overall, you may learn something and it may help you think better and think in a different way.
If you already think like that, this book won't help you
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