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The 21 Success Secrets of Self-Made Millionaires

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The 21 Success Secrets of Self-Made Millionaires

How to Achieve Financial Independence Faster and Easier Than You Ever Thought Possible

Berrett-Koehler,

15 min read
10 take-aways
Text available

What's inside?

Fact — The average millionaires in the U.S. has faced bankruptcy or near bankruptcy an average of 3.2 times. Moral— They’re not afraid to fail.

Editorial Rating

8

Qualities

  • Applicable

Recommendation

Brian Tracy presents his latest list of success principles in short, clear chapters and follows each one with a few action steps. While admitting that Tracy overstates and oversimplifies (Who can argue that honesty, hard work and good health might be valuable?) getAbstract heartily recommends this book to any professional who thinks that his or her career development could use some focus and energy.

Summary

The Qualities of Success

The principles in this book are based on 15 years of teaching and research about the habits and practices of self-made millionaires. Research demonstrates that many self-made millionaires succeeded by doing certain things in a certain way again and again. The most important factor in their attainment of financial success was not money, but the personal qualities that enabled them to earn money and keep it.

The self-made millionaires studied for this book are among more than nine million people in the U.S. who are worth more than a million dollars. Their numbers are growing by 15% to 20% annually, and most of them made their money themselves.

In fact, most financially successful people started off broke or nearly so. These millionaires faced bankruptcy or near bankruptcy repeatedly - an average of 3.2 times each. They commonly failed before they found the right opportunities and succeeded. According to the Law of Cause and Effect, you can succeed by doing what other successful people do. And what do self-made millionaires do?

They follow these 21 success secrets:

Success Secret One: Dream Big Dreams

Permit yourself...

About the Author

Brian Tracy  speaks to more than 250,000 people a year, addressing clients that include IBM, Arthur Andersen, McDonnell Douglas and the Million Dollar Round Table. Before founding Brian Tracy International, he worked in sales and marketing, investments, real estate development, distribution and management consulting. He wrote several bestsellers, including The Absolutely Unbreakable Laws of Business Success and Maximum Achievement.

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