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10 Lessons Learned From Jim Roth’s Book “Seven Strategies for Wealth & Happiness”

Power Ideas from America’s Foremost Business Philosopher.”

Photo by Ben Rosett on UnsplashWhat is better to be wealthy or happy? For centuries, man has struggled with the idea that money can’t buy happiness, and we have to choose between having fortune or happiness. But have you considered that maybe you don’t have to pick one, when you can have both, it is like making your cake and eating it?

According to some of the greatest motivational gurus, like Tony Robbins, Less Brown, Brendon Burchard, and many others, Tom Roth is a master motivator and profound thinker of our times. And one of the most influential people responsible for changing millions of lives with his philosophy and mind-expanding ideas.

In “Seven Strategies for Wealth and Happiness,” the author explains the basic principles of his philosophy to conquer your goals, find knowledge, control your finances, and master time while living well, surrounded by winners.

Ten Lessons Learned

1.- Where to Start.

Have you ever felt that your month is longer than your paycheck, and you’re constantly feeling unsatisfied, no matter what you do? The key is balancing your life and learning to share it with others.

2.- The five keywords.

The key to mastering the seven strategies is to understand the five keywords:

1.- Fundamentals based on the Pareto principle 80/20, you have to follow the basic 20% and learn how to apply them.

2.- Wealth, everybody defines it differently, but we all want to be free from financial pressures and get it.

3.- Happiness is an attitude by which you live. Appreciate the little things in life, give, and learn to receive.

4.- Discipline is the ability to stay focused on what you wish and do whatever is necessary to achieve it by continually doing your best.

5.- Success is the steady, measured progress towards accomplishing a goal; it is not the destination but the journey.

3.- Strategy One: Unleash the Power of Goals.

To properly set your goals, you first need to have a complete definition of them. Be specific and clear about it, if you want a house, then describe it in your mind, where it is, the color, how many rooms, etc. the more precise, the better, and why you want it for, e.g., you want to have money in the bank, say how much do you want and what you intend to do with it. Think of 50 goals you hope to achieve, prioritize them by the time you wish to get them in: one, five, and ten years. Write to them down and put the list to see it at least every week, checking your progress.

4.- Strategy Two: Seek Knowledge.

Remember the Fundamentals; this is where you begin to use, learn everything you need to complete that goal, look for a teacher or how-to books, learn on the internet, attend seminars. Do whatever is necessary to acquire the skills needed. Ask questions about strategies to increase your income to successful people. Save time every day to learn something new. And use some of your income for learning. Don’t think of it as an expense but as an investment.

5.- Strategy Three: Learn how to Change.

Remember that you have everything you need to achieve your goals. Get rid of all limiting beliefs and learn how to change and increase your personal and professional values. Avoid at all costs procrastination, don’t judge other people, stop blaming other circumstances, and focus on working hard every day with no excuse. Don’t be a perfectionist; instead, focus on doing a good job. Finally, learn from your failures.

6.- Strategy Four: Control your Finances.

Having a positive attitude about your finances, don’t feel bad about paying taxes or having to expend some money, is your way to pay the government for the services they provide. Use the 70/30 rule when spending your money. Use 70% to pay for all your bills, 10% towards your saving, 10% give to charity, and 10% to create wealth.

7.- Strategy Five: Master Time.

Learn how to balance and master your time. What good is to have all the money or success if you don’t have someone by your side to share it? Divide your day, so you can assign time for your health, time for your family and friends, time to rest, and time for work. Plan your day, and don’t forget to set some spare time.

8.- Strategy Six: Surround Yourself with Winners.

Remember the saying: Birds of a feather… If you want to be successful, surround yourself with other successful people. If you intend to be healthy, hunt down places where fit people go, like the gym, the track, etc. If you’re going to meet people outside your circle, get involved with your community.

9.- Strategy Seven: Learn the Art of Living Well.

Living well is not about having an excessive amount of money, but appreciating what you have while working towards your goals. Be generous to yourself and others. Save some of your spending cash to give yourself something beautiful. Also, be generous with your time and love for your family and friends. Be thankful for what you have, at night for the good things you received, and in the morning for being alive and having another day towards your goals.

10.- The Day That Turns Your Life Around.

If you’re waiting for the day that your luck and success are going to change, you’ll spend the rest of your life waiting. The day is TODAY. Tackle every day with the idea that this is the moment you were expecting; the opportunities lie ahead. Don’t be afraid of making mistakes, for they are significantly better than not taking any step forward. Have faith and chase your goals.

Take away

If you seek a positive change in your life and learn the trick on how to master the power of goals, this book will help you.

Read “Seven Strategies for Wealth & Happiness” to learn from one of the best motivators, how to set, get ready, and conquer your goals. There is no time for procrastination and doubt. Clearly define your goals, seek knowledge, control your finance, master time, and surround yourself with winners.

Learn how to live well and surround yourself with winners. Don’t wait any longer. Now it’s the time to make some changes, as the author quotes:

“Don’t just live another year. Instead, gather up the years and invest them in the next one.”

© Copyright Jose Luis Ontanon, 2022

** Featured image Jill Wellington at Pixabay

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