Summary of Getting Rich Your Own Way by Brian Tracy
When I saw the book Getting Rich Your Own Way by Brian Tracy I was immediately drawn to it.
How can I get rich my own way?
What if I’m a mom and a housewife?
How do you get rich doing what you love if it’s being a homemaker?
I dived in and here’s my summary of Getting Rich Your Own Way by Brian Tracy.
Definition of Wealth – Wealth is Cash Flow from other sources. When he says other sources he means other than your own time and sweat.
He gives 5 ways to get rich:
- Become an Entrepreneur
- Work Your Way Up
- Become a Professional
- Get into Sales
- All Others
He gives 10 ways to leverage your assets (what you have that makes money) to become Financially Independent:
- Specialized Knowledge
- Master Your Craft
- Money Is Power – build a systematic savings system, get out of debt, build a cash reserve
- The People You Know
- You Are a Genius – creativity is a form of leverage
- Good Work Habits – get the job done quickly and well
- A Positive Mental Attitude
- The Luck Factor
- Energy – proper diet, exercise, and proper rest. Successful people work longer hours, smarter, are more productive
- Choose the Right Job – or occupation, you gotta love what you do. If you won a million dollars in the lottary tomorrow, would you continue to work your current job? If the answer is No, you are in the wrong job.
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