Secrets of the Millionaire Mind by T. Harv Eker

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Transform Your Mindset and Your Bank Account


Are you tired of living paycheck to paycheck, never seeming to get ahead financially, no matter how hard you work? Do you dream of a life of abundance but feel stuck in a cycle of scarcity? Look no further than “Secrets of The Millionaire Mind” by T. Harv Eker.

The mandatory inclusion of the book under discussion in educational institutions is imperative. This literary work expounds on the dichotomy between the perspectives of the affluent and the impoverished on the matter of finances. The author of “The Secrets of the Millionaire Mind” offers insights on identifying and replacing a mindset that hinders financial success and uncovers the hidden mental and emotional blocks that hold many of us back from achieving true financial freedom.

Often, children inherit negative attitudes towards wealth from their forebears, leading them to believe that money is not a welcome addition to their lives. Persevering until the end of this article will clarify the author’s message.

My goal is to summarize the 17 Wealth Mind Files in a simplified manner, and one can ascertain that the entirety of the book’s content is encapsulated in this video. However, let it be known that my intention is not to discredit individuals of lesser means but to showcase the divergent mindsets of the rich, which enables them to accumulate wealth. With a change in mindset, anyone can enhance their financial situation.

The Essential Wealth Creation Plan and Its 17 Principles 

Rich people vs. Poor people
Rich people vs. Poor people

The book’s second part outlines the essential wealth creation plan, which includes 17 principles for achieving financial success. 

These principles range from believing in oneself to investing money wisely, and each one is crucial in building a solid foundation for wealth creation.

Mind File Number 1:

Expounds on the idea that wealthy individuals take ownership of their lives, while those with a poor mentality perceive life as something that happens to them. Poor-minded people attribute wealth to good fortune.

The prevalence of lottery ticket purchases among those with lower incomes is a testament to this. The belief that one’s luck will change and suddenly come into a vast sum of money prevails among such individuals. Although everyone desires financial prosperity, the wealthy invest limited resources in lottery tickets and employ other strategies to achieve their financial goals.

Lottery Tickets
Lottery Tickets

One must comprehend that their life is in their hands, and they are responsible for their financial well-being. Your pursuit of wealth is personal, and you must take responsibility for your actions. Individuals with a poverty mindset consistently view themselves as victims, despite the author’s belief that no one is a victim.

Three indicators of this victim mentality include attributing blame to external factors such as the economy, government, parents, jobs, etc., providing justifications such as “Money doesn’t matter,” and excessive complaining—a constant stream of complaints results in the worsening of one’s financial and physical health.

Mind File Number 2:

Rich people play the money game to win. People with poor mentality enter so as not to lose.

Does every team that always plays on the defensive without attacking have any chance of winning the match?

So do people of poor mentality.

This is the money game. The concern is security, not abundance.

For rich people, it’s not having money but having a lot of money.

And what is the excellent objective of poor people?

Having money to pay the bills. Most people want a little comfort, but there is a big difference between having a little comfort and being rich.

I want to go to the restaurant instead of counting coins to pay. I want to work without worrying about bosses demanding me; I want

have my coffee calmly, then go to the square to practice my run, which is truly rich.

Mind File Number 3:

Rich people make a commitment to be rich. Poor people would like to be rich.

If you ask someone if they want to be rich, they’ll say yes and laugh at your question.

But most of them do not want to get rich, and I can explain: in their subconscious, there are several questions about how it could be negative if they were rich, such as:

– and if I lose everything, will people really like me?

– I will have to pay a lot of taxes;

– it takes a lot of work;

– everyone will ask me for money;

And so on. These thoughts make many people stagnate in life. The rich don’t have that doubt. They know what they want and do everything honestly to achieve their goals. Are you willing to really dedicate yourself? Are you committed to working all week and giving up the weekends?

Rich people are! Because they are committed.

Mind File Number 4:

Rich people think big. Poor people think small.

Eker says that in his seminars, he had a professor who increased his net worth by $250,000 to $6 Million in just three years. So he asked for the secret and said: everything changed when I started thinking big.

You need to deliver value, and these are the four factors:

  • offer
  • demand
  • quality
  • amount

The question is? How many people do you serve or reach? What other people’s problems do you want to solve to profit more?

The more people you help with your talent, the richer you will be mentally, emotionally, spiritually, and financially.

Imagine you are an investor who buys real estate, puts it up for lease, and earns cash flow and appreciation. What are you adding?

You’re helping families find lovely homes to live in, but the big question is, how many families and people can you help? 10? 20? 30? 100?

That’s thinking big!

Mind File Number 5:

Rich people focus on opportunities. Poor mindset, people focus on obstacles.

Rich mindset people focus on opportunities, poor mindset only on obstacles.

I’m not just saying positive thinking, but an overall worldview. Poor mindset, people are terrified and make their decisions based on that. The mind works all the time looking for the problem and always with the thought that it won’t work, or at some point, something unexpected will happen. What happens is that they are always preparing. They spend weeks, months, and even years thinking about what to do, and when they decide to move forward, the opportunity has already disappeared.

What you focus on expands. The rich are always looking for opportunities. Their biggest problem is how to manage all the chances of making money. The thinking is simple; your focus should be on visualizing opportunities. If you only focus on the problems, you will only have problems. The rich see an opportunity, step into it and get richer, while others are still waiting for the best moment.

Mind File Number 6:

Rich people admire successful individuals. Poor-minded people resent the rich.

Poor-minded people look at successful people with a feeling of jealousy and even envy. They often criticize by saying: “These disgusting rich people! What scam did they pull to get all that money?”

About that, I have bad news: you will never become wealthy. It’s impossible to be a successful person if you despise him.

Luxury Car
Luxury Car

Stop to analyze when out of nowhere, someone appears with a luxury car: some look with admiration and say: “Wow, this car is beautiful! I hope to have one when my business prospers!” and other people verbalize: “What is this guy up to? This is another one of those smart guys!”.

Don’t keep resentments with you; we are human beings of habits and need to practice. Instead of criticizing, start admiring them.

Mind File Number 7:

Rich people seek the company of cheerful and successful people. Poor-minded people seek the company of negative, failed individuals.

It’s always good to have a role model to follow as an example.

The fastest way to get rich is to learn how rich people make their fortunes and how they play the game of wealth.

I don’t hang around with wealthy and successful people but follow them through their books and interviews and try to copy what they do.

Kobe Bryant
Kobe Bryant

Basketball player Kobe Bryant was a great athlete of effort and dedication. I can learn a lot from him by mirroring the discipline of waking up earlier, studying on weekends, and applying the methods in my life. If you are in the company of people who smoke, even if you don’t smoke cigarettes, you will breathe the same air as the smoke and harm your health.

Like it or not, energy is contagious, as are our habits.

Athletes inspire me the most through their hard work and years of dedication. I like to know how a champion’s mind works. An Olympic athlete spends years preparing to compete, waking up early, and they are there, determined to compete for the dream gold medal.

Mind File Number 8:

Rich people like to promote themselves. Poor-minded people don’t appreciate sales or self-promotion.

One of the most underrated professions in sales.

Poor people don’t like to sell their fish. You don’t try to show off your qualities when meeting someone and wanting to win them over. Do you wear the best clothes? Are you interested in succeeding? That’s knowing how to sell! In the past, you’ve tried to sell a product but didn’t have enough knowledge.

In a way, you create a version if you promote what just a projection of your fear of failure and rejection is. The past does not mean it will be the same as the future. Rich people are always showing their products and services with great enthusiasm.

Robert Kiyosaki, the author of the book “Rich Dad, Poor Dad,” says that the whole business depends on sales, even writing books. Robert is recognized as the best-selling author, not the best writer.

Rich Dad, Poor Dad Book Summary
Robert Kiyosaki’s “Rich Dad, Poor Dad” book resume

If you need to promote yourself!

Do you see your own worth?

Do you believe in your product?

If you believe it, there’s no reason to hide it from those who need it.

If someone has a headache and you have medication, would you hide that information from them?

Offer everything that can be useful in someone’s life with your talent.

Mind File Number 9:

Rich people are bigger than their problems. Poor people are smaller than their problems.

Small-minded people avoid facing obstacles at all costs. If, at one point, a challenge appears, they run elsewhere and find themselves in much worse trouble. They feel more like failures.

One should not avoid problems or run away from them. They must serve to grow in their personal life and overcome anything. Learn to increase your character and determination.

Imagine that your level is 8. And problem level 5 appears. Does this problem seem big or small to you? We quickly visualized it much smaller than it looked.

The more your level rises, the more your brain will understand that adversity can be overcome more easily. What really matters is your own size. Don’t let a problem get in the way of your day, and when it seems bigger than it is, repeat it out loud: small, small, small.

Mind File Number 10:

Rich people are excellent to receive. All poor-minded people are bad receivers.

Undoubtedly, not knowing how to receive it prevents many people from reaching their financial potential.

For them to receive or be deserving can be a great challenge. This low self-esteem comes from the frequency we hear many “no” from receiving too much criticism. Many people say, “You’re doing it wrong!” and fewer say, “You’re doing the right thing.”

Most people carry the feeling of not deserving praise from others.

Moments, such as punishments in childhood and destructive criticism uttered by a teacher, are recorded and present in adulthood. The consequence is that we unconsciously punish ourselves when we make mistakes. Our mind is like a file folder where everything is kept; you must organize it best.

Child to Adult
Child to Adult road

Now pay close attention to this lesson: being deserving or not is nothing more than an invented story. It has no meaning. You are the one who determines whether you deserve it or not. As simple as that.

Rich people work and believe they are deserving and rewarded for delivering value. Money won’t change you. It will only intensify what you already are. If you’re a good person, you’ll help those in need. If you’re superb, you’ll ignore everything and everyone, and wealth will increase that.

Whenever you receive money or a compliment, say, “Thank you!”

Mind File Number 11:

Rich people prefer to be paid for their results. Poor mentality, people prefer to be paid for the time they spend.

Most advice we heard when we were children were these: you need to go to school, get good grades, get a good job, a stable salary, be punctual and work hard.

With this overview, you realize that something is wrong with making money.

Poor mentality people prefer to have the guarantee that they receive their fixed salary all over the month. But that has a price, which is wealth.

Poor Mindset
Poor Mindset

Rich people want to earn for the results of their business, aiming to make profits and high income. They invest in companies shares, thinking more about the dividends generated than high wages.

For example, no one wants to know about the routine of a soccer player who plays in your favorite club; for you, it doesn’t matter how many hours of training he did or if the food was the most ruled. In the end, what matters is his results on the field.

The results make a difference; more sponsors will seek the right to the image of that athlete.

I producing content for you. No one cares if it is easy or difficult to create a summary, nor how long I take, but the value I am adding.

Mind File Number 12:

Rich people think: I can have both. Poor mentality people think: I can have one thing or another.

Rich people believe in abundance, and poor people believe in limitations.

Do rich people think this way: having a successful career or more time with the family? Both! Want to dedicate yourself to your own business or have fun? Both!

The poor always end up choosing one thing or another. Put yourself this question: What to do to have both?

The author tells, in this part told, his parents that he did not intend to become a slave to a job and would be rich, making them love him. On the other hand, his parents always told him, “You live in a dream world. Life is not a sea of roses. Business is business. Take care of gaining some livelihood.” At that moment, he told himself, If I follow this advice, I will end up like them.

Now I ask you what is most important: your arm or your leg? Both, of course!

Rich people think of eating a cake and having it just for themselves. The poor say the cake is too sweet, eat just a little, and believe they don’t even deserve that piece of cake.

Mind File Number 13:

Rich people focus on their heritage. Poor mentality, people focus on their monthly income.

We always ask how much we earn when we meet with other people. And we need to hear the question: how much is your heritage? Few people thus speak the true metric of wealth is a person’s liquid heritage. It’s the value of everything she has. Finding out this adds to the value of everything it has. Be it money, actions, titles, the house if you have and subtract for monthly expenses of everything you should.

Goods that are converted into cash.

Always try to increase your liquid heritage with active income, reduce personal spending, and simplify your lifestyle to retire earlier. Commit to updating your heritage once a month, and review and monitor it. Make it grow exponentially.

Mind File Number 14:

Rich people manage their money well. Poor mentality, people manage their money badly.

This huge difference separates them because the rich can manage their finances, and they manage their money well.

The people of poor mentality are not. But I want to explain one thing: the rich are no more intelligent than poor people.

They have different habits with their own finances.

When you start managing your finances, you will have more money.

Financial Management
Financial Management

An overweight person says he will only start exercising and change his eating habits after losing 10 kg. This is a mistake, and it won’t take her anywhere.

The first step in managing finances is to be aware of the small details and have more financial resources to manage.

Take a box and start depositing any money daily or once a week. That can be $ 5, $ 10, even a dollar, or some changes. 

Divide your recipe into the following form:

– 10% in the savings account for long-term expenses;

– 10% in the financial instruction account;

– 50% in the account of basic needs;

– 10 % in the donations account;

– 10 % for fun.

Mind File Number 15:

Rich people put their money to work for them. Poor mentality, people work for money.

You probably grew like most and believe you must work hard to make money. Of course, working hard is important, but that alone won’t make you rich. The most common we see are people who spend hours working day and night and are not rich.

No! Rich people work intelligently and use leverage so that money and other people work for them. The truth is that it is indispensable to work hard to make money, but the rich know it is a temporary situation. Build a business that works for you, with an operation that does not depend on your physical presence, such as rental leases, computer programs, network marketing, etc.

Another source of passive income includes investments that make up financial market actions, investment funds, and assets valued to increase their heritage.

Get more and consume less. No one forces you to live in a home, have a car or branded clothes, or eat in expensive restaurants. It is a matter of having better choices and prioritizing what is most important.

Finally, poor people think small, spend all their money, and need to work until the end of life. The rich man works hard for a certain time but gradually invests in thinking about the future to ever again depend on bosses.

Mind File Number 16:

Rich people act despite fear. Poor mentality, people let themselves be paralyzed by fear.

Thoughts lead to feelings, feelings lead to actions, and actions lead to results. Fear is the main factor that paralyzes people. Along with doubt and concern, these are the biggest obstacles. Even rich people have their fears, doubts, and worries. The difference is that they act and are not paralyzed by these feelings.

I want you to write down the three most significant fears or concerns about money and wealth.

In each situation, write if you would support and survive.

Don’t worry that much. Try to get out of your comfort zone, wake up early, read more, and learn how to sell a product.

Mind File Number 17:

Rich people learn and improve themselves all the time. Poor mentality. People believe they already know everything.

The most dangerous words we pronounce are: “I already know!”


Poor people are always trying to prove that they are right. All for them was unlucky or a chance that made them bankrupt financially.

In this last chapter, the author says he wants to add new mental files, new thinking models, new actions, and new results. No one is born a genius in finance. The mental part is important, and wanting to learn everything is essential. Always try to pay attention to your personal development. Take a monthly course, participate in meetings and lectures on money and entrepreneurship, and read books.


As a final message, understand that reading only this summary will not make the difference it is looking for, and if you want to grow in real life, your actions are worth it.

You should also get the book or read this summary from beginning to end at least once a month for a whole year. Why read everything several times? Yes, repetition is the mother of learning. Only then will you absorb the concepts until they make them a habit! Success!!!


Recently, I decided to explore the realm of literature about personal finance and picked up the timeless classic “Think and Grow Rich” by Napoleon Hill. This book discusses the significance of one’s frame of mind and deepest motivations in bringing about material achievement. Although published in the 1930s, its advice and guidance are as useful now as it was then. However, I would say that the writing can sometimes be dense and difficult to follow. The information you’ll learn is invaluable, so it’s worth it if you can make it this far.

Think and Grow Rich summary
“Think and Grow Rich” by Napoleon Hill

F.A.Q. about “Secrets of the Millionaire Mind” by T. Harv Eker

What is the book Secrets of the Millionaire Mind about?

T. Harv Eker‘s “Secrets of the Millionaire Mind” delves into the thoughts and routines of wealthy people. It encourages altering one’s “money blueprint” to increase one’s chances of financial success and gives actionable steps to gain financial independence.

What are some key takeaways from the book?

Some key takeaways include developing a wealth mindset, taking strategic actions toward financial goals, and achieving financial freedom through passive income.

Is “Secrets of the Millionaire Mind” a good book for young entrepreneurs?

The book provides practical strategies and advice for anyone looking to achieve financial success, including young entrepreneurs.

How can I apply the lessons from the book to my own life?

Start by identifying and shifting your negative money beliefs, cultivating a wealth mindset, and taking consistent and strategic actions toward your financial goals. The book provides practical exercises and insights to help you on this journey.

Quotes from “Secrets of the Millionaire Mind”

“Resenting the rich is one of the surest ways to stay broke.”

“You can choose to think in ways that will support you in your happiness and success instead of ways that don’t. “

“If you keep doing what you’ve always done, you’ll keep getting what you’ve always got. “

“If you want to make a permanent change, stop focusing on the size of your problems and start focusing on the size of you.”

“The single biggest difference between financial success and financial failure is how well you manage your money. It’s simple: to master money, you must manage money.”

“The biggest obstacle to wealth is fear. People are afraid to think big, but if you think small, you’ll only achieve small things.”

Know the Author T. Harv Eker

You can read T. Harv Eker Biography and understand the mind behind this book. Click the image below!

T. Harv Eker Biography
T. Harv Eker Biography

Disclaimer: This blog post is a summary or resume of the book and is not intended to dispense the reading of the original book. This post aims to provide a general overview of the book’s main ideas and themes and encourage readers to read the complete book to gain a deeper understanding of the material. The information presented in this post is intended to be something other than a substitute for the original book and should be used as a supplement to, not a replacement for, the entire book. We strongly encourage readers to read the complete book to benefit from its ideas and teachings fully.

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