7 Strategies For Wealth & Happiness- Book Summary

Five Key Words

1. Fundamentals

According to the author of 7 Strategies For Wealth & Happiness fundamentals are basic principles on which all accomplishment is built.

Success is no more than the natural consequence of consistently applying the fundamentals of success to life.

2. Wealth

It comes from conversion of effort and enterprise into currency and equity.

3. Happiness

Happiness comes to those who deliberately expand their horizons and experiences.

It resides in the houses of those who have the ability to handle disappointment without losing their sense of well-being. It belongs to those who are in control of both their circumstances and their emotions.

4. Discipline

Discipline is the bridge between thought and accomplishment.

All good things are achieved by those who are willing to swim upstream; that drifting aimlessly through life only leads to bitterness and disappointment.

Discipline is the foundation on which all success is built. Lack of discipline inevitably leads to failure.

Failure occurs each time we fail to think today, act, care, strive, climb, learn, or just keep going … today.

If your financial plan requires that you save ten dollars and you save none, you are behind ten dollars … today.

Success follows exactly the same pattern … in reverse. If you plan to make ten calls and you go beyond your quota to fifteen, you’re ahead by five phone calls … today.

Exciting opportunities invariably come to those who have developed skills and who have the ambition to act. And those who through discipline and commitment set their sights high will grab on to opportunities that forever remain unseen by more timid souls.

Action vs. Self-Delusion

Affirmations without the discipline to act upon those things which are affirmed cause men and women to delude themselves into thinking they’re making progress when, in fact, their daily activity leads them nowhere.

To make progress you must actually get started!

To become wealthy, develop a “wealthy” plan.

You don’t have to be wealthy to have a wealth plan; a person without any means can have a “becoming rich” plan. Whatever the project, start today.

5. Success

It’s the steady, measured progress toward a goal and the achievement of a goal.

Success is a process of turning away from something in order to turn toward something better — from lethargy to exercise, from candy to fruit, from spending to investing.

Success is not a set of standards from our culture but rather a collection of personal values clearly defined and ultimately achieved.

Let get to the 7 Strategies For Wealth And Happiness;

STRATEGY ONE: Unleash The Power Of Goals

Goals: What Motivates People

Dreams are a projection of the life we wish to lead.

There are two ways to face the future: You can face the future with anticipation or you can face it with apprehension.  Many face it with apprehension, always worrying because they haven’t spent time designing their futures

The power of well-defined goals

They pull you in their direction. The better you define them, the better you describe them, the harder you work on achieving them, the stronger they pull.

Youcould do incredible things; youhave enough intelligence but notenough reasons.Have enough reasons.Reasons come first, answers second.

Goals: How to Set Them

Long-range goals

 “What do I want within the next one to ten years?”

Next to the items you think you’ll reach in a year or so, write the number “1.” Do the same things to items taking 2,3,4…10 years.

Caveat: If you find that you have lots of ten-year goals but very few one-year goals, this could mean you’re putting off having to act now by postponing the target date.

Happiness is elusive. It seems that the best way to enjoy life is to wrap up one goal and simultaneously begin work on the next one. It’s dangerous to linger too long at the table of success. The only way to enjoy another meal is to get good and hungry.

Copy your goals onto a separate sheet of paper and carry them with you at all times. Review them once a week to see if they’re still important and if you are taking active steps toward their realization.

Short-term goals

I define short-term goals as those which take anywhere from a day to a year to achieve.

I call these kinds of goals “confidence builders” because their accomplishment gives you confidence to go on.

Part of the fun of having a list is the ability to check things off. When you check something off as completed, take time to celebrate your achievement.

Most readers won’t persist in setting and refining their goals. Why? Because it’s time-consuming, thought-demanding work.

Don’t you go around with your fingers crossed and a worried look on your face, hoping things will get better.

Writing your goals down shows that you’re committed to growth, that you’re serious.

Hey, everybody hopes to do better. But hope, unaided by clear planning, can actually hurt you. As the Bible says, “Hope long delayed makes the heart sick.” It’s a sickness … I know.

Goals: Making Them Work for You

Real goals will affect almost everything you do all day long.

The true purpose of goals

The real value in setting goals is not in their achievement. The major reason for setting goals is to compel you to become the person it takes to achieve them.

The greatest value is in the skills, knowledge, discipline, and leadership qualities you’ll develop in reaching that elevated status.

Remember this rule: Income rarely exceeds personal development.

I often look at my life and ask, “Well, here’s what I want, but am I willing to become the kind of person it will take?”

If you don’t feel you’re equipped to get what you want, remember this: Your ability will grow to match your dreams.

Some people never get started because they’re always studying the roots. And then there are others who choose to pick the fruit while they study the roots. It all depends on which end you want to start with.