Summary of Andrea Plos' Sources of Wealth
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#1 Money is a powerful thing. It offers security in old age, a better future for our children, and a helping hand in times of crisis. It can bring respect, influence, and authority.
#2 You can minimize the negative impact of a difficult situation by thinking positively. You can compare yourself with the poorest people in the world, for example, and realize that your situation isn’t that bad.
#3 To figure out what you really want, ask yourself five follow-up questions after making a statement: I want to be rich. Why do I want to be rich. To not worry about money. Why do I want to not worry about money. Because I’m afraid. Why am I afraid. To be restricted. So the goal isn’t to be rich, but to be free.
#4 To set goals, first write down your main goal or project. Then, identify the expected outcome as a single sentence. Next, identify the first action you need to take to move closer to your goal. When you’ve completed that action, write down another one.
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Summary of Andrea Plos' Sources of Wealth - IRB Media
Insights on Andrea Plos's Sources of Wealth
Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 3
Insights from Chapter 4
Insights from Chapter 5
Insights from Chapter 6
Insights from Chapter 1
#1
Money is a powerful thing. It offers security in old age, a better future for our children, and a helping hand in times of crisis. It can bring respect, influence, and authority.
#2
You can minimize the negative impact of a difficult situation by thinking positively. You can compare yourself with the poorest people in the world, for example, and realize that your situation isn’t that bad.
#3
To figure out what you really want, ask yourself five follow-up questions after making a statement: I want to be rich. Why do I want to be rich. To not worry about money. Why do I want to not worry about money. Because I’m afraid. Why am I afraid. To be restricted. So the goal isn’t to be rich, but to be free.