Millionaire SUCCESS Habits

by Dean Graziosi

Short summary

“Millionaire SUCESS Habits” provides a mix of financial freedom and personal growth wisdom. I like Graziosi’s style because his ideas are clear and easy to implement. The book offers several pieces of advice on how to get started and keep going. It also provides a good reminder that; our mindset, beliefs and thoughts have a significant influence on what we do and what we become. Graziosi also highlights the power the habits to achieve your personal goals. There is one of quote which is one of my favourites and conveys the message clearly:  “Your habits determine your future, so choose them wisely.”

Graziosi provides a path to success: setting specific and measurable objectives, maintaining a positive mindset, and continuously learning and growing. One of the core messages of the book is that success is attainable for anyone who is willing to put in the effort and make positive changes in their daily habits and mindset.

“Millionaire SUCCESS Habits” Takeaways

• Habits and routines are crucial for success.  This includes waking up early, exercise, reading and learning, and prioritizing tasks
• Positive mindset is key. Avoid negative self-talk and surround yourself with positive and supportive people
• Set your goals and create plans to achieve them. Make your goals measurable and break them in smaller goals. Focus on doing your planned actions every day.
• Continuous learning and growth are imperative to achieve for sucess. 
• Develop and Own your personal brand. Discover your unique skills, believe in them and market yourself  and the value you bring
• Start your financial planning. In line with other personal finance books, this one also offers a path to better manage your money. Components include: creating a budget, reducing debt (bad debt), saving for the future and start investing for growth (long term gains) 
• Investment strategies. The book also offers ideas and perspective on various investment strategies, including real estate, stocks, and mutual funds.

Quotes that resonated with me:

• “People will overestimate what they can do in a year but underestimate what they can do in five” 
• “Success is nothing more than a few simple disciplines, practiced every day.”
• “Your daily habits will determine the life you live.”
• “Your habits determine your future, so choose them wisely.”
• “Your mind is your greatest asset, and your thoughts dictate the life you live.”
• “Success is a journey, not a destination.”
• “Successful people never stop learning, growing, and improving.”
• “Your beliefs determine your actions and your actions determine your results.”
• “Believe in yourself and all that you are. Know that there is something inside you that is greater than any obstacle.”
• “The key to success is to focus on goals, not obstacles.”
• “Successful people are not afraid to fail, they simply view failure as a necessary stepping stone to success.”

“Millionaire SUCCESS Habits” Practical Advice

• Understand your why
  • Practice the 7 level deep analysis. Ask several questions until you find out why you want to to the stuff you want to do
• Kill off the villain inside
• Focus on what you are naturally good at and become exceptional at it
  • Focus on action. Take the first step and keep going
  • Stop too much negative thinking
• Create confidence by becoming your heroic self
  • Stop the actions and thoughts that make you feel embarrassed, insecure and boring
• Think of why you are awesome, when you become unstoppable. Do more of that
• Look at things from a return on investment perspective. Invest your time and money where you can find the most return. Choose wisely.
• Focus on the areas you are exceptionally good at and do more in that area
• Focus most of your day on activities where you have a unique ability or are excellent at
  • Outsource the tasks or activities that you are not good at or that you don’t add add much value
• Three productivity hacks
  • Schedule your day – schedule the important stuff first – specially when your brain is at its peak
  • Build systems to help me maintain and think about what you want to do. 
  • Dont be accessible at all the times.  Set up you limits for your worst distractions