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Brian Tracy! 100 unchanging rules for business success! The law of money

100 unchanging rules for business success


Everyone desires to have a financially independent

and comfortable life.

This is one of the important goals

that everyone is always aiming for.

In today’s economy and society,

the opportunity for you

to achieve this goal is not as difficult

as it used to be.

Your task is to choose the most suitable opportunity

and commit to it.

The secret is not in the mechanics of money,

but in the way of thinking that makes money.

Once you know how to think,

you will have endless possibilities for making money. ― Steve Siebold

Similar to other fields,

if you want to be successful in the financial field,

you have to follow certain rules.

Besides, attitudes and views about money

as well as beliefs about

a prosperous financial future will contribute

to determining the amount of money you accumulate

during your working life.

In addition,

personal happiness

and financial independence are closely related.

You will not be able to find true happiness

if you always have to live in a state of anxiety

and stress about money.

To balance these two important factors,

you need to build a strong

and stable financial fortress.


the journey to financial independence

also encounters many obstacles.

One of the most common obstacles

is thinking negatively about money.

Many people believe

that money always brings misfortune

and they judge those

who are busy making money as bad people.

This thought seems to be ingrained in the subconscious

of many people.

I still remember on the day of my marriage,

my wife’s entire family was present and my boss,

a man with a fortune worth

over 500 million dollars,

also attended.

At that time,

my wife’s family members formed the idea

that poverty is pure,

or more broadly,

financial success as something unfair,

even evil.

So they were surprised to find that my boss,

the richest man they had ever met or heard of,

was a gentleman,

courteous and well behaved.

Making money is a game most people just don’t know how to play. — Grant Cardone

It took months,

even years,

for people to adjust to their thinking

and subjective imposition of the rich.

In fact, money brings many good things,

allows you to choose

and live the way you want,

opens you many doors of prosperity,


However, money will bring negative things

if you are too preoccupied,

value money without realizing that

really this is just one of the tools

to pursue happiness and success.

Money has its own power and only those

who know how to make money

and use it skillfully can see the positive aspects of money.

When money realizes that it is in good hands,

it wants to stay and multiply in those hands. ― Idowu Koyenikan

Right now,

change your thinking,

your view about the value of money

and start new things by accumulating money.

Be determined to make this an indispensable habit,

and then you will find the opportunity

to be financially independent,

to achieve important goals in life is always available

and waiting for you.

“Money isn’t everything…

but it ranks as equal to oxygen.”– Rita Davenport



The world we live in always ensures wealth

for those who really want

and are willing to follow the laws of wealth

that govern the pursuit of money.

The world we live in is so generous,

always giving us the opportunity

to achieve all our legitimate aspirations,

including the desire to become rich.

You can make money almost everywhere

because there is no real shortage of money.

However, your attitude towards the abundance

or scarcity of money will greatly affect whether

or not you will become rich.



Anyone can become rich with real determination.

When you cultivate the determination to get rich

and believe in your own abilities,

all your actions will revolve around this goal.

You will not stop doing the work necessary

to make your beliefs a reality.

Just by looking at a person’s actions,

you can tell how determined that person is.

In the book The Instant Millionaire by Mark Fisher,

there is a passage:

a young man goes to an old millionaire

to ask for advice on getting rich.

After listening to the young man for a while,

the millionaire began with the question:

Why are you not rich?”.

This is also an important question

that you need to ask yourself

before you begin your journey to find wealth.

The answer will reveal a lot of limiting things about yourself,

from doubts,


justifications to being afraid to face challenges,

procrastinating before change,

All of these will limit your ability to get rich.

Therefore, you need to have the courage

to admit your weaknesses

and find ways to eliminate them to be more confident

on the road to success.

Money has the power to buy you things.

But a much bigger power of money is in generating more money for you.



Money is an intermediary medium

that people use to exchange goods

and services in accordance with their own needs.

Before there was money,

people used the form of direct exchange

of goods and services in exchange

for items to meet their needs.

As civilization developed

and this form of exchange became complicated,

humans invented coins.

Thanks to this intermediary,

the overall buying

and selling process has become much more efficient.

Today, we go to work

and exchange labor to receive money,

then use this currency to buy the results

of other people’s work reflected in the products

or services they provide.


1st Corollary:

Money is a measure of the value of goods

and services created by people.

The value of goods is expressed in currency.

The fact that a person is willing

to spend some money

to own an item means that he

or she accepts the value of the item.

Therefore, all values are subjective,

personal and based on the thoughts,



and opinions of potential customers

at the time of purchasing decisions.


2nd corollary:

Labor is seen as a factor of production or cost.

The psychology of people often considers their “sweat and tears”

or their work to be a particularly meaningful

and deeply personal thing

because this is an opportunity

for you to express yourself.

However, like everything else,

your labor is just an expense in the eyes of the business owners

or the people who hire you.

Therefore, you cannot put an objective value on your labor.

Who is willing to pay for your labor

in a new competitive market determines the value of your labor

and what you deserve from a financial perspective.


3rd Corollary :

The amount you earn is a measure of the value

of your contribution as seen by others.

The labor market works according

to a very simple law.

The salary you receive will always be proportional

to three factors:

the nature of the job you are doing,

your ability to do the job,

and how difficult it is to find a replacement for you.

In addition,

your salary depends on the quantity

and quality of your contributions compared

to the contributions of others,

combined with the values and expectations

that others have for you.


4th Corollary:

Money is not the cause but the effect.

The main cause is your work

or contribution to the value of a product or service,

and the result is the remuneration

or salary for which you are paid.

If you want to increase the effect,

you must increase the cause.


5th Corollary :

To get more money,

you have to contribute more.

To earn more,

you must constantly improve your knowledge,

skills or expertise

so that you can work harder and more creatively,

help increase your self-worth,

and improve the results of your efforts

its own efforts.

The highest paid people in society are those

who know how to promote

and strengthen their own strengths

to add value to the work they are undertaking.

“If a person has the right view of money,

it can solve most other problems in their life.”– Billy Graham



Your most valuable asset is your mental

and physical capital and your ability to make money.

The ability to work is the most valuable asset you have.

The amount you are receiving is a direct measure

of your earning potential.


1st Corollary:

Time is the most valuable resource of man.

Time is the fairest gift of life.

Whoever you are,

whatever position you hold in society,

whatever your profession is,

you have twenty-four hours in a day.

What makes the difference is how time is spent.

Much of your ability

to make money depends on how much time

and focus you have on your work.

Inefficient time management

is one of the main causes

of low productivity

and unsatisfactory results in any business.

This is true for both managers and salespeople.

For example,

numerous studies from 1928 to the present have shown

that salespeople work only about 20% of the time.

The average salesperson spends an hour

and a half each day on direct selling activities,


with current and potential customers.

The rest of the time is spent communicating,

chatting, reading sales brochures,

making phone calls,


and other wasteful uses of precious hours throughout the day.

Managers also face similar situations.

In a recent study,

95% of managers admitted

that an entire 50% of their workday was spent dealing

with matters unrelated to the work

for which they were paid.

And many times they have to participate in low-value areas,

unable to bring out their full productivity.


2nd Corollary :

Time and money can be spent or spent on investments.

Money and time always have two sides.

In a way,

they are interchangeable

and will disappear as you use them.

Then they become sunk costs

– costs you can’t recover.

But on the other hand,

you can profit from the investment of your time

and money while adding value to yourself.

One of the simplest things

you can do is invest 3% of your monthly income in personal

and professional growth

and in doing better on the things

that matter most.

Set aside an hour each day to read more books

about your area of expertise.

Take some time each week to take advanced courses

and improve your career skills.

Always seek help in life

as well as in your career

so that you can reach your full potential.

You should constantly build a source of intellectual capital,

personal value

and the ability to make money.

Your continued commitment to personal

and professional growth will give you more returns

than you ever thought possible.

This also saves you years of hard work

with lower income and job performance.

The return on investment of time

and money can be huge

Recently, Motorola estimated

that the company was taking back $30

for every dollar spent on training people.

This is considered the highest return on investment of time

and money that Motorola has achieved.

Other large companies

and corporations also report similar gains

thanks to investments

in training employees and executives.

You can also achieve the same effect.

Nothing can give you a big

and effective “breakthrough”

for your money than reinvesting some

of your time and money

to improve your earning potential.


3rd Corollary :

One of the most effective investments of time

and money is an investment

that aims to increase your earning potential without working.

The purpose of corporate strategic planning is to increase

return on invested capital”.

This requires organization and reorganization

so that the business earns a higher return

on invested capital.

In a work environment,

your personal investment is emotional and spiritual.

As such, your job is to get the highest possible return

on your human capital,

to increase your “return on strength”.

If a productivity machine is seen

as a kind of fixed capital,

you are a form of mental and physical capital.

This type of capital can produce a large amount of goods

and services if it knows

how to utilize and maximize its capacity.

You need to see yourself this way

in order to form the right attitude in your work.

A wealthy person is simply someone who has learned how to make money

when they are not working. ― Robert Kiyosaki.



The most successful people in any social setting are those

who take the time to consider their day-to-day decisions.

This rule comes

from the early research on financial development conducted

by Dr. Edward Banfield of Harvard University

in the late 1950s and early 1960s.

After studying the factors

that many people believe,

contribute to an individual’s financial success over a lifetime,

he concluded that there is one major factor

that stands out above all others

– the time perspective factor.

Dr. Banfield found

that the higher a person’s career ladder

and social position,

the longer one’s time horizons.

A good example of a long-term perspective is someone

who spends ten

or twelve years studying

and practicing to become a doctor.

Successful man has spent a very long time laying the foundation

for a career of a lifetime.

And every society gives this profession the highest respect

of all professions.

We appreciate

and respect the sacrifices

they have made to pursue a career of great importance

and significance to all.

We recognize their long-term perspective.

People with a long-term perspective are always willing

to pay the price of success

for a long time before achieving it.

They think of the “sweet fruit” of the next five,

ten or even fifteen years,

so they decide to “sow the seed”

by accepting sacrifices

for a very long time.


those with a short-term perspective can often

only hold low positions in society.

They only know how to aim

for short-term goals

as well as get a temporary income enough

to cover their lives.

These people easily fall into the negative spiral

and deadlock of society

because they do not see their long-term future.

You can move up the social

and financial ladder

when you begin to think carefully

about your actions in a way

that leads to lasting results.

When you know how to organize your life

and prioritize future goals

or ambitions in mind,

you will see the quality of your decisions improve,

almost your life will become better.


1st Corollary:

Not being overly satisfied is the key to financial success.

Your ability to exercise self-control,


and sacrifice the short-term

in order to enjoy greater rewards in the long run

is the starting point of developing a long-term perspective.

This is crucial for financial performance of any kind.


2nd Corollary:

Self-discipline is the most important personal quality

to ensure long-term success.

Elbert Hubbard has defined self-discipline

as “the ability to force yourself to do

what needs to be done

when it needs to be done,

whether you want to or not.” Herbert Gray,

an entrepreneur,

spent eleven years searching

for what he called the “common trait of success.”

He studied thousands of successful people

and finally came to the conclusion:

Successful people are those who have the habit of doing things

that unsuccessful people don’t like to do.”

So what are the things

that unsuccessful people don’t like to do?

In fact, they are also things

that most people don’t like to do

such as getting up early,

working hard,

working overtime,

taking on extra responsibilities, etc.

Successful people don’t mind doing these jobs

because they know how to look to the future results

regardless of the current method.

Your ability to work through your usual habits

to reach a long-term goal in the future is the best expression

of a successful person.


3rd Corollary :

Sacrificing the present is the price

you pay for the prospect of long-term success.

When you know how to control the habit

of only doing the easy things or what you love,

when you know how to discipline yourself

to do the difficult but necessary things,

when you know how to invest time and money

When you invest in self-training,

you are also building yourself positive characters

that can guarantee you a better future life.

The person who doesn’t know where his next dollar is coming from usually doesn’t know

where his last dollar went. — Grant Cardone



Financial freedom comes

to those who save 10% or more

of their income over their lifetime.

Get in the habit of saving a portion

of your paycheck every time you get paid.

What you save today will guarantee your safety

and prospects tomorrow.


1st Corollary:

Accumulate at the rate of 1/10.

This corollary comes

from George Clason’s book The Richest Man in Babylon.

Start saving 10% of your income today.

You should treat this as a long-term financial accumulation fund

and never use it for any reason except

to secure your financial future.

However, in reality,

most people often use their savings earlier

than planned

because they think it is impossible to predict

when they will fall into trouble

when the current need is urgent.

So, if you plan to shop or travel,

set up a separate fund

to minimize the intrusion

of your financial accumulation account.

The important thing is

that once saving 10% becomes a habit,

you will feel comfortable living

only with the remaining 90%.

And over time,

increase your savings from 10% to 15%,

20% and even higher.

At that time,

your financial life will certainly change a lot.


2nd Corollary:

Take advantage of tax-deferred savings and investment plans.

Money that is saved

or invested without being taxed accumulates

at a 30% to 40% faster rate than taxed amounts.

According to Dr. Thomas Stanley’s The Millionnaire Next Door,

successful business millionaires think of accumulating their funds

in the form of assets such as real estate,

private companies,

and venture capital sell shares at a high value

so as not to incur taxes.

Invest in retirement plans,

education investment accounts,

stock options programs,

and any other legitimate investments

to accumulate long-term financial resources.

Always take advantage of every penny!

The rich see each dollar as a “seed”

that can be planted to reap hundreds of dollars more,

which can then be planted to reap thousands more. – T. Harv Eker



What determines your financial future

is not how much you earn,

but how much you keep.

The ability to earn outstanding money

is always the desire of everyone.

However, when reaching the pinnacle of success,

some people become complacent

and attribute it all to their outstanding ability;

but in fact,

in many cases,

they are the lucky ones to be in a particular business

or economy that is flourishing.

These people spend very comfortably

with the subjective belief that

if they can make a lot of money now,

they will certainly make it in the future.

In fact, the most effective measure of your financial future

is not how much money you’re making,

but how much you’re actually keeping.

Successful people are clear about spending

and saving to compensate for periods

of economic instability

or business downturns.



Expenses are always increasing to keep up with income levels.

Parkinson’s Law is one of the most important

and well-known laws of the accumulation

of wealth and money.

This law was developed many years ago by Northcote Parkinson,

explaining the needy,

poverty of retirees.

This law states

that no matter how much money people earn,

they tend to spend all

and even overspend.

When income is low,

people will spend less,

but when income is high,

people’s needs naturally increase,

requiring more spending.

In other words,

expenses are always proportional to income.


1st Corollary:

You will be financially independent

if you know how to break Parkinson’s law.

Parkinson’s Law explains the trap most people fall into.

This is the reason people fall into debt,

money worries and financial breakdown.

It is only when you have built up enough willpower

to resist the intense urges of spending everything you earn

that you can begin to accumulate money

and move forward.


2nd Consequence:

You will be financially independent

if you know how to keep your expenses below your income

and use the excess to save then invest.

This bottom line can be seen as a “cushion”.

If you can “insert a buffer” between rising income

and rising expenses in your life,

you will have extra money to save or invest.

By consciously breaking Parkinson’s Law,

you will gain financial independence.



Financial independence as a sturdy tripod includes:

savings, insurance and investments.

One of your main responsibilities to yourself

and to those around you is

to build a strong financial fortress during your work,

to provide a fulcrum

to help you avoid financial instability later.

To achieve this goal,

you need to divide your finances in the right proportions in three areas:

savings, insurance, and investments.


1st Corollary:

To guard against possible negatives,

you need to have cash savings equivalent to two

to six months of average spending.

Your first financial goal is

to save enough money to support yourself

if you lose your source of income for six months.

It is depositing this savings into a personal account

with monthly interest

that will give you a sense of confidence and comfort.

You’ll be more productive and don’t have to worry

as much about your future plans

when you know you always have money in reserve.

A young woman who attended my seminar on

the importance of saving money” wrote to me a year later

and told an interesting story about herself.

She said that she had never had

to consider her actual financial situation before.

She spent almost all of her earnings,

even adding a deficit to her credit card account.

As a result, she was always in debt.

However, after my seminar,

she really realized the problem

and started saving a portion

of her monthly income,

starting at 5%

and gradually increasing thereafter.

In just one year,

she had saved the equivalent of two months of income.


the company she is working for has some personnel changes

and she has to work with a new boss.

This boss always shows a condescending,

condescending attitude,

often criticizes her

and always sets excessive demands on work.

After a period of trying to endure,

she decided to quit her job

because she couldn’t continue anymore.

She confided in me that her decision

to quit was a big breakthrough for her.

In fact,

up until then,

she had remained passive

and mostly accepted what her superiors asked.

However, when she was not under financial pressure,

she confidently put herself in a higher position

and was more responsible for her own life.


if she didn’t have her savings in her account,

she wouldn’t think about quitting her boring job

and spending her time looking for

a better job with a higher salary.

When you live in such a state of mind and environment,

you will gradually lose your self-esteem and confidence


2nd Corollary :

You must have enough insurance

to cover any emergency

that doesn’t have enough savings in the bank.

Perhaps the deepest human need is the desire to be safe

and one of the ways to ensure safety is to buy insurance

to deal with emergencies that you cannot afford.

Get full health insurance to cover you

and your loved ones in case of an emergency or accident.

Get insurance for your car in case of a collision

that is subject to liability.

Buy life insurance

so that if something unfortunate happens to you,

your loved ones can still settle down.

Get education insurance

to give your children a solid future,…

In all cases, put yourself

and your loved ones first.


3dr Corollary:

Your financial goal should be to accumulate capital

until your investments give you more returns

than your work income.

Your life is divided into three relatively clear stages.

The first are the academic years

– the time when you grow up and get educated.

Next is the period of working and earning

– when you start to live

and live independently,

this period lasts about forty years.

Finally are the rest years

– the period when you retire,

not directly involved in work.

Your financial strategy is most successful

and effective

when the money you accumulate from your savings

and investments over the course

of your career yields more returns

than you would ever earn from your day job.

At the time of your break,

you begin to retreat from work

and spend time managing existing assets.

This sounds like a very simple life-long planning strategy,

but it’s amazing how many people end up working at age 65

with very little savings.

Hope this doesn’t happen to you.



Take your time to research, understand 

before you invest.

This is one of the most important laws of money.

You should spend a lot of time

thoroughly researching a particular investment

to avoid any possible risks.

The money you intend to invest

is the result of years of hard work,

So before deciding to invest this “labor”,

you should carefully investigate every aspect and detail.

Please request truthful,

accurate and complete information in any form.

If you still have doubts

or concerns about anything,

don’t rush to invest

but patiently wait for another,

more appropriate

and less risky investment opportunity.


1st Corollary :

The easiest thing to do with money is to lose it.

Indeed, in today’s competitive market,

earning a coin is not a simple matter,

but once you have earned it,

spending it is extremely easy,

almost anyone can do it.

There is a Japanese proverb that says,

Making money is like digging the ground with your fingers,

spending money is like watering the sand.


Corollary 2:

Don’t lose money on meaningless things.

This consequence comes

from the words of oil billionaire Marvin Davis

in an interview with Forbes magazine.

According to Marvin Davis,

one of his principles of success is

Don’t lose money on meaningless things

According to this view,

you must have a very clear look

to distinguish what is meaningful

and meaningless.

The line between them is not always clear.

Davis says this principle

is so important

that you should write it down

and put it where you can see it every day.

Treat the money you have as if it were part of your life.

You have to trade many years of hard work

to get a certain amount of money.

That is the reward for your efforts.

That time is a meaningful part of your life

and won’t come back.


you should consider when using the reward of life

because it is financial security.

If you lose money,

you have to start working hard to get it back,

and sometimes,

the opportunity to get started

is not always easy and available.


3rd Corollary:

Do not be subjective

when you think that the amount of money

you lose is insignificant compared to the amount 

of money you currently have.

People who are successful

and appreciate money

rarely accept losing money to useless purposes,

even if it is only a very small part

of their total income.

As the old saying goes:

A fool and his money will soon part

or “When an experienced man meets a rich man,

the rich gain experience

and the more experienced will accumulate money”.

Always ask yourself what would happen

if you lost 100% of your money

on a seemingly promising investment.

Can you solve that?

If you can’t,

don’t rush to make an investment decision.


4th Corollary:

Only invest with people

who have a track record of proving their financial success in past.

I once talked to a millionaire

who rose from nothing in Portland, Oregon.

To have a property value of up

to several million dollars today is

because he always adheres

to his investment principles.

His principle is actually quite simple:

he only works with people who can prove

that they have had success with making

or investing money.

As a wealthy man,

he is often approached by investment sellers.

Each time,

he asked them to exchange personal financial statements.

If the manifest gave reliable figures of their success,

he accepted the offer to buy the investment capital.


he flatly refused to cooperate.

Because of his clarity

and principle of work,

he has achieved many successes

with steadily increasing profits.

If you learn how this millionaire works,

you will certainly reduce a lot of risks.

Don’t lose money in vain.

If you feel like investing,

revisit this principle

and be determined to keep what you already have.



Invest your money carefully

because compound your investment will make you rich.

Compound interest is considered one of the wonders of economics.

Albert Einstein described compound interest

as the greatest force in human society.

Your money will increase a lot after a while

you accumulate in compound interest,

you can use the rule of 72 to determine how long

it will take you to double your accrual

at any interest rate.

Divide 72 by the interest rate.

For example,

if you are investing with an 8% return,

divide 72 by 8 for 9.

This means

that it will take you 9 years to double your money

at an annual rate of 8%.

It has been estimated that a dollar invested

at 3% interest in the early years

of AD would be equivalent

to half of the money in the world today.

If this money were made to proliferate and double,

and then double again,

it would be worth trillions of dollars today.

The twenty-four dollars the Dutch

paid the Native Indians in exchange

for Manhattan Island,

if invested at 5% interest,

would be worth more than $2.2 billion today.

Compound interest is a powerful tool in getting rich.



The key to compound interest is to put your money away

and never touch it.

Once you have accumulated money

and it starts to multiply,

you should never touch

or spend it for any reason.

If you break it,

you’ve already lost the power of compound interest.

Although you only spend a small amount today,

you will have to part with a huge amount later.

In 1935, a secretary in New York

received a $5,000 share of his estate after a divorce.

She took all the money to a seasoned stock trader

who helped her choose the best stocks to buy.

After years of ups and downs

and with compound interest rates ranging from 12 to 15%,

the $5,000 in 1935 is today a huge fortune

of over $22 million.

This money helps her have a comfortable

and abundant life when she retires.



Every great financial success

is the result of a lot of sacrifice and silent effort.

To be financially independent,

you need to put in a lot of effort.

The most important and difficult thing is

to conquer the needs your temporary desire

to maintain a steady

and long-term accumulation of money.

At first,

this may make you uncomfortable

and you will not notice any change or difference.

But your efforts will gradually bear fruit.

Your accumulated financial resources gradually increase.

All your debts are paid off.

More investment opportunities come your way.

Your life will gradually stabilize and improve more.


1st Corollary:

As you accumulate savings,

you’re building an incentive

to move faster toward your financial goals.

Starting a financial accumulation program is not easy,

but once you start,

you will get used to it and feel everything is simple.

One of the great secrets to success

is applying the Principle of Motivation.

According to this principle,

it takes a lot of effort to overcome the initial stagnation

and get used to the accumulation of money,

but once you really start,

you will quickly maintain the habit. .

Motivation is an important factor in determining action,

so you need to build and maintain it continuously.

If your motivation is lost or diminished,

it will be difficult for you to recover and start over.


2rd Corollary :

Accumulating a large fortune is difficult,

but saving little by little will certainly be.

Life doesn’t always allow you to save

or 20% of your income

because you may end up in debt

or just get through the day.

In these cases,

instead of saving 10%,

start saving just 1% of your income

and be determined not to touch this 1%.

Buy a piggy bank

and when you come home after a day of work,

put the change you have for the day here.

When the piggy bank is full,

take it to the bank

and deposit the entire amount into a savings account.

Whenever you get a profit

from the sale of something,

an old debt payment,

or an unexpected bonus,

instead of spending it all,

you put it into a savings account.

These seemingly small sums will start to add up to a degree

that will surprise you.

Once you’ve settled into your life with 1% savings,

gradually increase it to 2%,

then 3%,

then 4%,

and 5%…

Within a year,

you’ll find yourself out of debt and save 10%, 15%

and even 20% of your income

without really affecting your life.



The more money you save and accumulate,

the more money you attract into your life.

This Law of Attraction explains a lot about success

and failure in all areas of life,

especially in the financial arena.

The place with the most money

is where the money is respected.

The more you value for money,

the more opportunities you have to earn.

The reason many people do not accumulate

or earn a lot of money comes mainly

from their own mindset.

This explains

why so many people in third world countries have succeeded

and found themselves in developed economies.

In the new environment,

their way of thinking and thinking will change in a new

and more positive direction to integrate with everyone.

This helps them attract new people,



and business resources.

These are important stepping stones to success and wealth.


1st Consequence:

The consciousness of getting rich

and money attracts each other like a magnet attracts iron filings.

I first came across the phrase “rich consciousness”

when I was twenty years old.

At that time,

I was really impressed with this phrase,

but because I did not fully understand its meaning

and importance,

I was determined to find out.

After years of ups

and downs and experiences,

I realized that

when you cultivate a positive attitude towards money

and believe in the Law of Wealth,

your emotions and hopes become

like a magnet attract lots of money into your life.

That’s why you should accumulate money

no matter what your life or income is.

Start with a small amount

and when combined with faith,

that small amount will bring you

surprisingly large amounts of money.

Oil king John D. Rockefeller started out

as an office worker with a salary of $3.75 per week.

From this money,

he gave half to the church and saved 50 cents.

That amount was not much,

but it was the starting point for his career.

By the age of fifty,

Rockefeller had completely dominated the production

and distribution of American crude oil and fuels.

He is also one of the richest

and the most successful people in the world.

It all starts with saving 50 cents a week.


2nd Corollary:

Use money to make money.

When you get used to self-discipline,

self-restraint in times of need to break the habit

of spending your hard-earned money,

you’ve proven to yourself

as well as to others.

Other than that you are trustworthy with money.

Years ago,

when I applied for a business loan,

the bank asked me to have five times as much collateral

as I wanted to borrow.

I was surprised at the time,

but later I found out that this is the usual rate

that banks require from first time borrowers.

The fact that the borrower knows

how to save and accumulate assets

is a proof that he

or she can be trusted with money.

After a period of reputable cooperation,

the bank will only ask for collateral twice the amount

of money you want to borrow.

When you start accumulating money,

the opportunity to make money will come to you more.

The self-made millionaires often spend twenty to thirty hours

a month thinking

and researching their finances.

They carefully plan

and organize the accounts.

They consider all costs before investing.

And as a result,

they make better financial decisions than

those who don’t think twice

and make hasty decisions.



The faster you move toward your goal

of becoming financially independent,

the faster that goal will move toward you, too.


it takes a long time to notice a change

in your financial situation.

Old habits are hard to break.

Changing your financial life is like changing the course

of a large ship across the ocean.

You can only change step by step.

However, when all the changes are in place,

they will help you get up to speed

and quickly move towards your goals.


1st Corollary :

Success follows success.

Most of today’s financially successful people have to work extremely hard

to find their true opportunities.

But then,

opportunities come to them more and more.

Success always follows success.

It is important to consider and select these opportunities.


2nd Corollary:

80% of success will come from 20% of the time invested.

This is quite a remarkable discovery.

Think about it!

With 80% of the initial time

and money you invest in a business,


or project,

you will only achieve about 20% success.

The remaining 80% success level you will achieve

with the final 20% of time and money invested.

Peter Lynch,

former head of Magellan Mutual Fund,

one of the most successful mutual funds in history,

says that the best investments he has ever made were the ones

that took a very long time just bear fruit.

He often looks to buy stocks

that have not increased in price

for many years in companies.

After a period of stagnation,

these companies grew rapidly,

causing their stock prices

to skyrocket 10 to 20 times.

This long-term stock investment strategy has made him

one of the most successful

and highest-paid executives in America.

The laws of money presented

in the chapter explain the importance

of financial independence.

Whatever your starting point,

you can start planning your finances for your life today.

It is important that you answer the question:

“How much financial resources do you need?”.

Only then can you orient your actions

according to the defined goals.

Remember that you are always free to choose.

You are solely responsible for your decisions.

It all depends on you.

If you are persistent enough

and believe in the power of these laws,

nothing can stop you

about having great financial success.

People calculate too much and think too little. ― Charlie Munger

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Angel Cherry

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