The 10 Pillars of Wealth: Mind-Sets of the World's Richest People (Alex Becker, 2016)

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  1.  Reject getting rich slow
    • Do not listen advise to people who have not made it.
    • Job can never make you become rich.
    • You will not be able to live your dream.
    • Must have mentality
      • You can control your life.
      • You can get better at anything.
      • You are allowed to fail.
  2. Separating time from money
    • Increase value of our time
      • I.e. the professionals.
    • Completely separate time from income
      • I.e. leverage on other people's time
    • Cloning ourselves and creating a machine.
    • Before automating
      • Can this business make money while I am not present?
      • Can this moneymaking process be done by others or automated by machines?
      • If this business becomes successful, could I train someone else to run it?
      • Would it be possible to make the process of delivering on $100 in sales the same as delivering on $1 million in sales?
      • Can I scale this business without having to increase my time involvement?
  3. Accepting that you must be better than everyone else
    • People are holding back because they believe they are not good enough.
    • They don't believe they are great and deserve wealth.
    • They try to become rich which being average which will never leave the comfort zone.
    • Remove the "I can't" factor.
    • For the veterans
      • Improve every single thing you do.
      • Outwork your competitors.
      • Bring superior people into your company.
  4. Knowing every little thing is 100% your fault
    • It is your negligence that did not ensure others do their job.
    • Do not play the blame game.
    • Believe that you can control your situation.
  5. Adopting an abundance mind-set
    • Mr. never takes risks: super scarcity mind-set.
    • Mr. watch but not do: extreme scarcity mind-set.
    • Mr. brute force: high abundance mind-set.
    • Mr. ladies' man: educated abundance mind-set.
  6. Forgetting "what if" and focusing on "what is"
    • Take massive actions and make mistakes first.
    • Ask the negative what-ifs 
      • What if I do not take action on my goal?
      • What if I am poor for the rest of my life?
      • What if I fail to reach any of my goals?
      • What if I have to work at this job that I hate for the next thirty years?
      • What if I cannot provide for my family?
      • What if I end up regretting all of this on my deathbed?
    • You should be doing something of high value now.
  7. Mapping out actions that achieve goals
    • You need to be clear on setting your goals and how to get there.
    • Steps
      1. What is your big goal?
      2. What are the 5 smaller goals you must achieve to reach your big goal?
      3. Break down each of these 5 goals into even smaller tasks.
  8. Focusing solely on what gets you paid
    • Watch out for the same actions that make you wealthy can stop you from becoming wealthier.
    • Pay people to do low value tasks.
  9. People give money to people that get people
    • Money have power because it is perceived to have value.
    • Learn how to sell is the most important.
    • Emotion drives people.
    • Understanding people
      • Selling is everything.
      • Being comfortable with people.
    • You only get rich when people pay you.
  10. Finding competitive friends and suitable mentors
    • People are dying to meet similar people.
  11. Making the decision to be wealthy at any cost

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