Summary: Million Dollar Habits

Review and Analysis of Tracy's Book

BusinessNews Publishing

• Publisher: Must Read Summaries
• Year: 2016
• eBook ISBN: 9782511019627
• Topic: Business
• Subtopic: Organisational Behaviour
• Index: Business

The must-read summary of Brian Tracy's book: `Million Dollar Habits: Proven Power Practices to Double and Triple Your Income`.

This complete summary of the ideas from Brian Tracy's book `Million Dollar Habits` shows that there is a direct correlation between the habits you choose and the results you achieve in all areas of your life. To take control of your destiny and change the results, you need to deliberately choose different and better habits. In his book, the author explains that to do this, all you need to do is concentrate on making better decisions and you’ll automatically develop the habits of successful people which will inevitably lead to health, happiness and true prosperity. This summary is a must-read for anyone who wants to take charge of their future and change their habits for the better.

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To learn more, read `Million Dollar Habits` and discover the key to achieving the professional and personal success you've always dreamed of.

Summary of Million Dollar Habits (Brian Tracy)

1. The basic principles of habit formation

Good habits are learned rather than ingrained automatically in your personality. You can integrate any habit you choose into yourown life through practice and repetition. In this way, you are what you do. By controlling the habits you form, you set the direction of your own personal destiny.

1. Understand the power and necessity of forming good habits

Everything you ever achieve in life is up to you. The only limits you actually have are those placed by your own imagination. Therefore, take complete control of your life by consciously choosing the habits you develop.

In a wider sense, there are four general goals most people have in common:

1. To be healthy and fit -so that you have high levels of energy and a long life span to do whatever you want.
2. To enjoy excellent relationships – with the people you like, respect or love.
3. To be well paid for doing work that you enjoy – and where your input makes a meaningful contribution.
4. To achieve financial independence – where you have enough money put aside so you never have to worry about money again.

To achieve these goals, you have to work on building your character, so you can achieve excellence in each part of your life. The decisive factor in developing a great character is to learn good habits through practice and repetition. By carefully and deliberately deciding which habits you acquire, you shape your personality and character. Habits also dictate the script your life will follow to a great degree.

“The fact is that good habits are hard to form but easy to live with. Bad habits, on the other hand, are easy to form, but hard to live with. In either case, you develop either good or bad habits as the result of your choices, decisions and behaviors.”

– Brian Tracy

“Habits are like a cable. We weave a strand of it every day and soon it cannot be broken.”

– Horace Mann, writer

“We first make our habits, and then our habits make us.”

– John Dryden

“Habit, my friend, is practice long pursued, that at last becomes the man himself.”

– Evenus

“You are where you are and what you are because of yourself. Everything you are today- or ever will be in the future – is up to you. Your life today is the sum total of your choices, decision, and actions up to this point. You can create your own future by changing your behaviors. You can make new choices and decisions that are more consistent with the person you want to be and the things you want to accomplish with your life.”

– Brian Tracy

2. Learn where habits begin and use that knowledge constructively

You always end up becoming what you think about most ofthe time. Therefore, the key to developing the habits of success is to control what you think about. By doing this, you dictate what habits you will develop thereby shaping your own future.

The key laws of the universe are:

1. The Law of Cause and Effect – For every cause, there is an effect. Therefore, if you emulate what other successful people do, you must eventually achieve the same results they do.
2. The Law of Control – You always feel happy to the degree to which you feel you are in control of your own life. And conversely, you will always feel unhappy to the degree to which you feel you don’t have control of your own life.
3. The Law of Belief – Whatever you believe, with heartfelt conviction, becomes your own reality. If you develop your mind to the point at which you believe you can do anything you set your mind to, you’ll find a way to make that belief become a reality.
4. The Law of Expectations – Whatever you expect, with confidence, will become your own self-fulfilling prophecy. Therefore, upgrade your expectations and expect the best going into every situation. Just that enhancement of your expectations may have a dramatic impact on the results you ultimately achieve.
5. The Law of Attraction – You invariably attract into your life whatever people, ideas and circumstances harmonize with your most dominant thoughts. Therefore, if you think positively, you will attract the people and circumstances which will be of most benefit to you.
6. The Law of Correspondence – Your outer world will always be a mirror image and reflection of your inner thoughts. You become whatever you think about most of the time. Therefore, control and channel what you think about, and your outer circumstances will start to become aligned with your new way of thinking. By controlling what you think about, ...

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• Book Presentation
• Summary of Million Dollar Habits (Brian Tracy)
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