T. Harv Eker

Secrets of the Millionaire Mind by T. Harv Eker Book Summary, Notes, and PDF

Last Updated on November 16, 2020

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If you want to become rich, you must understand it’s a state of mind.

If you prefer to stay poor, it is also another mindset.

To make a drastic change in your life, especially on the financial aspects, you need to change your mindset.

The problem is, for good or bad, mindsets are often passed on from parents to their kids.


Develop a Mindset of Control

The wealthy believe that they are in full control of their life, and they can fix anything that goes wrong. These people do not complain about the government or society. They also don’t complain about what is wrong in this world. The only thing they think about is how to change the current condition.

The Wealthy People Think Big All The Time

Rich people feel that things are in abundance, and there is more stuff out there. That is why they figure on how to get it and question themselves on how to achieve their targets.

Moreover, the opposite of rich people is poor people. Poor people think small and end up being small. Poor people clip coupons and make sure to save up a few cents all the time. Everyone has natural talents, and it is part of your life’s mission to share your expertise and value with everyone. That means you are willing to play BIG.

Do you know what an entrepreneur is like? It’s a person that solves people’s issues for cash. He is called the problem solver.

So do you prefer to solve problems for a few people or many people? The more people that you give aid to, the more value you create.

Spend More Time with The Wealthy People

Wealthy people spend time with people that have a mindset of growing rich. If you wish to be productive, you need to realize that you are the only one in control of your financial situation. 

A lot of poor people keep playing the blame game. The game is played by pointing the blame at people and circumstances without looking at their own selves through their Johari window.

Another reason that poor people stay poor because they do not do anything – except complain. When people complain, they keep giving the WRONG thing more energy, and as a result, the WRONG expands, and it keeps coming back to them like a never-ending tidal wave.

The Law of Attraction states you are what you attract. Once you begin to think negatively, you invite lousy stuff into your life.

Play Hard to Win and Don’t Be Scared of Losing

Rich people play to win, and poor people only play because they are scared to lose the game. If you try to play to lose, it is a type of mindset that puts you in the defensive. If you shift your focus on not failing, you miss all chances to become a winner.

When you are playing sports, teams that always go on defense and do not attack do not have an easy time winning. 

Unfortunately, people that play the money game trying to defend in the game, and their main objective is survival instead of gaining more money in abundance.

Poor people have just the right amount to pay the bills. When your intention is only earning enough to pay bills, you will only get that amount – to pay off all your bills. That’s all that you gain.

The middle-class people step up the financial game and want to live a comfortable lifestyle. They are financially healthy, but when they order the food, they begin to look at the right side of the menu.

Focus on Grabbing Opportunities Instead of Threats

Wealthy people focus on a chance to step up the game while poor people keep focusing on obstacles and dangers on the way.

Successful people start modeling other successful people to motivate themselves. Modeling someone is one of the primary ways that another person can learn.

Energy can affect another person. Either you change a person, or if you are carrying bad energy, you can infect that person.


Wealthy and successful people are not scared of promoting themselves. This one hit me real hard. I have always tried to stay low and do no self-promotion, but the author said that rich people are not afraid of promoting themselves.

If you resent self-promotion, then you will face a lot of problems becoming successful. People that have difficulties in self-promotion usually do not have enough money at the end of the day. 

How can you start a substantial income in your new business if you don’t let people know that you exist at all?

Rich people are also great promoters. They promote their products enthusiastically. If you know that you have value, why hide it from other people?

What if you have a cure for a disease that is an epidemic? Would you hide it from society? No! You will hand out the treatment immediately.

If you believe that your value can help a lot of people, then you should let many people know about the benefit.  

Let The Money work for You

Wealthy people invest in assets that will give them more money. So they keep spending their income on things that generate even more money.

Poor people need to exchange time for more income, and they work hard and become a slave to their salary.

Your value, not your salary, measures wealth. Rich people know that there is a big difference between the income you make and your net worth.

Unfortunately, the poor and middle-class people only think about their working income. So the only way they become rich is to earn it the hard way.

Parkinson’s law states that expenses will rise according to your salary. So most people just work hard to earn their pay, ignoring the Parkinson Law. They listen to the 80s song “work hard for money,” but at the end of the day, no one is rich.

On the other hand, you meet rich people golfing and playing tennis all year round!

The author states that he agrees that people should work for money. For rich people, it is only temporary. For poor people, it is permanent. Rich people know that for your money to work hard for you, you have to work hard for the money first. The more your money works for you, the less work you have to do.

Ekers states the main goal is to become financially free as fast as you can. Financial freedom is the ability to live the lifestyle you want without needing to work or rely on another person for money.

Start Learning and Growing

Rich people make sure that their knowledge grows as they keep acquiring more and more experience.

Poor people think that they have acquired all the knowledge. The authors state the most dangerous words in the dictionary are “I know that.” How do you know if you do know something?

If you are going through it, you know it. Otherwise, you either heard about it or read it somewhere in a book, or talked to a friend about it, but that doesn’t mean that you know it.

In other words, if you are not productive and happy, there is a chance that you still need to learn a lot of things like money, your career success, and your life path. There are so many things that we do not know, and we lack the initiative to learn more. 

Take it as a challenge, and start reading more books or go for more seminars to increase your knowledge. Make sure that you earn more money and know the difference between the money you are receiving and your net worth.

Think about it, and if you are not as successful as you wish to be, there is still something that you do not know.

One of the author’s favorite lines is that the person can either be right or productive, but never both at the same time. If you hold on to old mindsets, you are “right,” but you will never be productive. Instead, you can keep learning and let go of the need to always think you know everything.

Author Biography

Thomas Eker was born on June 10, 1954. He is an author and a great motivational speaker. 

Secrets of the Millionaire Mind” is listed as one of the best selling books in the Wall Street Journal. He also self-published several other books. 

If you want to attain success in a career, you should read his work.

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