5 Millionaire Mindset Principles that Lead to Financial Freedom [Part 1]

If I was to pinpoint the most influential ‘thing’ on my wealth journey it would have to be Harv Eker’s book Secrets of The Millionaire Mind.

The mindset principles that he described in that book had the most profound effect on my life. They effectively changed the course of my journey….

In all the best possible ways.

I can recall the moment that it all hit home for me vividly to this day. I was away from home on a business trip and had some free time prior to dinner with the people I was travelling with. We were in a cold part of Sydney in winter…

I took the opportunity to get the heat on in my room, open the curtains to allow the winter sun in, and pulled up a chair to look outside, feel the sun and do some reading.

I only had about an hour spare, but in that hour I read more pages of the book than I think I have ever managed in an hour. It had me hooked, and the messages coming through Harv’s words were hitting the spot.

It was like he was speaking directly to me. Have you ever had that experience?

I recall getting home after that trip and realising that there were things I had to change if I was going to be successful with money. To achieve my financial goals, there was more to it than just having the right strategies.

From that day I have regularly referred back to the book and the lessons that I took from it. I would say it is the one thing that has changed my outlook the most, and my results!

So this week I thought I would share with you some of the mindset principles that I learned from Harv Eker, and hopefully you can have a similar experience once you understand how important these mindset principles are to your success.

5 Mindset Principles for Financial Freedom

These mindset principles are designed to challenge the way you think about money, success, wealth and your path to financial freedom.

You may not resonate with all of them, but if just a few of these mindset principles change your thinking, then you will change your path and change your results…

…and when it comes to your money right now, I suspect that different results would be nice to have.

Number 1: The Universe Gives You What You Can Handle

Wow, that one hits the spot, right?

Simply put, life will conspire to give you what you can handle. If you manage your money better, little by little, your results will gradually improve.

To have the big wins, first you have to show you can manage the little ones.

Number 2: No Pain, No Gain

You will have heard this many times before, but maybe not in relation to your money.

The facts are that growing your wealth is a long process. That means you have to be prepared to put in some hard work.

“If you are willing to do only what’s easy, life will be hard. If you are willing to do what’s hard, life will be easy.” – Harv Eker

 

Number 3: If You’re Not Growing, You’re Automatically Dying

This mindset principle is one that I have referred to often. It is all about ensuring that you are on a constant path of learning.

Growth in life comes when you learn new things. If your wealth is not where you want it to be right now, it is likely that there is something you need to learn.

One of the reasons I started coaching people about money is due to this mindset principle. The more we can improve your understanding of how to be successful with money, the more financially free people we create.

Number 4: Clarity is Power

This is probably my favourite mindset principle. It has the potential to change everything for you…

To achieve your financial dreams, first you need to know what they are! Boom

It would surprise you how many people don’t actually know what it is they want. If you don’t know what it is, how can you expect to get it?

Number 5: Gain Wealth with Contribution

When I first learned this mindset principle, my first reaction was, how can I give to others when I need to get my own finances sorted out first?

The deeper I learned about contribution, the more obvious it became how this supported my journey.

The key to understanding this money principle is that wealth does not come to you when your motivation is rooted in fear or greed.

Having a higher purpose for why you want financial freedom, one that is supportive of contribution, joy and happiness is far more likely to generate the success you desire.

I have been participating in a cancer charity cycling event for the past five years. Interestingly, the people I have met, the stories I’ve heard and the network I have developed from being a part of this group of like-minded people has changed everything in my life.

By giving something of yourself, you open yourself to receive more…contribution!

Think about that for a moment. It is worth the few seconds it takes to let that one sink in.

So there you have five mindset principles that can change your thinking about money and wealth, and most importantly, change your results.

There are more mindset principles I have learned from Harv Eker that I will bring you in a future post. These mindset principles are extremely powerful, and really do work if you let them.

Let me know in the comments what your favourite mindset principle is, or which one hit home for you. I’m keen to know if this is useful for you.