Speedwealth by T Harv Eker talks about how to make a million in your own business in 3 years or less. it is a simple and short book and a quick introduction on speedwealth principles.
The concepts T Harv Eker shares are some important concepts in currently business, which motivates and stimulates me to rethinking of myself, my business from a different view.
To make a million in 3 years or less, for me, it’s a mission impossible. I never can image myself in there. Eker used his own stories to tell us if you have a goal, you must believe that anything is possible, then you will have chance to achive your goal.
In the book he mentioned: One of the most critical areas to work on if you want to increase your wealth and success is your inner money thermostat. Just like the thermostat for your house controls the temperature in your environment, your inner money thermostat controls the amount of money you earn and keep. If your thermostat is set to “high,” you’ll find it easy to earn money and grow your wealth. If your thermostat is set for “low,” you won’t be able to create the level you want, no matter how well you apply the SpeedWealth principles. Instead, you’ll unknowingly sabotage yourself. you’ll find it easy to earn money and grow your wealth.
So the first thing I need to do after reading the book is to reset my inner money thermostat.
After develop a speedwealth mindset, there are the others principles:
Deliver Massive Value – Value is something that people are willing to exchange their money (or energy) for. The more value you can deliver to the market place, the more money you can get in return. The more people you can share the value with, the more money you can make.
Choose the right business at the right time – Timing is key. There are certain times in history when some businesses were better suited for success than others. Right now, in the information age, the internet based businesses are creating millionaires faster than any other time in the history of the world.
Systemize – To figure out specific processes that work, and then repeating those processes over and over again to create the same results again and again. Once you discover systems for all areas of your business, then you can move on to duplicating your business.
Duplicate – Once you have the system working, you can begin to help others set up the exact same business system and you get a cut of all the income that business makes as well.
Leverage – Work smart, not hard. Leverage means to create a business that runs even when you’re not there. This is what creates that time freedom to allow you to enjoy all the money you’re making with your business, and enjoy it with your loved ones.
Cashing Out – This would be the point at which you decide to sell your successful business systems for millions of dollars. Which I believe can be a great idea if you were offered the right amount of money.
In the book, Eker shows readers what you need to do, how you need to act and the things that you should be thinking. just like Eker said that Success is a learnable skill. If the speedwealthy works for Eker, then anyone can become wealthy if they can simply follow the rules. Now let’s grow our “self” and our success will grow naturally and automatically.
