Book Review “7 Strategies for Wealth & Happiness” by Jim Rohn

This is Jim Rohn at his best. Such a concise book containing so many words of wisdom.

The 5 key words
1. Fundamental: “Success of no more than the natural consequence of consistently applying the fundamentals of success to life.”
2. Wealth: Wealth that comes form the conversion of effort and enterprise into currency and equity.
3. Happiness: freedom from the negative children of fear such as worry, low self-esteem, envy, greed, resentment, prejudice, and hatred. A way of interpreting the world and its events and having values in balance.
4. Discipline
5. Success: making your life what you want it to be.

The 7 strategies are:
1. Unleash the power of goals: Four great motivators: a. recognition, feeling of winning, family, benevolence (charity). Long range goals: Ask yourself, “What do I want to do, be, see, have, go, and share? Write down time horizon to achieve. Pick one from each category of 1-yr, 3-yr, 5-yr, 10-r goals and describe in details what you want and the reasons.

2. Seek knowledge: Capturing the treasures of knowledge. Gain wisdom through personal reflection on journals weekly, monthly, yearly, and through learning from others by books and tapes, by listening to the wisdom and folly of others and by observations of winners and losers.

3. Learn how to change: “To have more than you’ve got, become more than you are.” “Unless you change how you are, you’ll always have what you’ve got.” “Better is not something you wish; it’s something you become.” Seasons of life: Winter: a time to grow strong. Sprint: a time to take advantage. Summer: a time to take care, protect what you’re created. All good will be attached. All values must be defended. Fall: a time to take responsibility, reap the results of our springs and summers. Eliminate self-imposed limitations: procrastination, blame, and excuses. “You can change all things for the better when you change yourself for the better.”

4. Control your finances: 70/30 rule: 70% on essential and luxury and the 30% on charity, capital investment, and savings.

5. Master time: Learn to say “no” by saying “No, I don’t think I can. But if that changes, I’ll give you a call.” When you work work, when you play play. “Don’t start the day/week/month/year until you have it finished.”

6. Surround yourself with winners: “It’s easy to remain mediocre. All you need to do is spend major time on minor things with minor people.” “Spend more time with the right people.”

7. Learn the art of living well: 2-quarter attitude. “Be happy with what you have while pursuing what you want.” “The good life is not an amount; it’s an attitude, an act, an idea, a discovery, a search.”

“Resolve” – promise yourself that you’ll never give up. Why not? Why not you? Why not now?