25 Secrets to Wealth Creation by Kevin Trudeau

1. Very high teachability Index
   
   
   
   • = Willingness to learn x Willingness to change
   
   
   • If you want things in your life to change you gonna have to change things in your life.
   
   
   • If you continue to do what you've always done, you continue to have what you've always got.
   
   
   • E.g. changing from 2 finger typing to all fingers.


2. Training balance scale
   
   
   
   1. Motivations, thoughts, dreams, visions, goals, attitude, enthusiasm, the why.
      
      
      
      • 90% of wealth creation!
      
      
      • If I just start, it'll all work out.
   
   
   2. Technique, skill, action steps, the how.
      
      
      
      • The how will come.
      
      
      • Need to work on both, but the why is much more important than the how.


3. 4 phases of learning
   
   
   
   1. Unconscious incompetence
      
      
      
      • don't know that you don't know
   
   
   2. Conscious incompetence
      
      
      
      • know that you you don't know
   
   
   3. Conscious competence
      
      
      
      • conscious thought process/effort
      
      
      • stage of development of habits
   
   
   4. Unconscious competence
      
      
      
      • automatic doing
      
      
      • habit


4. Definite purpose/aim/goal/dream
   
   
   
   • very clearly defined obsession
   
   
   • narrow in scope
   
   
   • consider wealthy/successful people when they started
   
   
   • diversification? not really - sussessful people turn their businesses to other people who have 100% focus on them and putting 95% of their own attention to a new project


5. The #1 most important secret introduced by Napoleon Hill: have a definitive purpose and a burning desire for its achievement
   
   
   
   • when people apply this principle, just with their mind, money come so fast and in such large quantities that it frightened him
   
   
   • THINK and grow rich, not act, not work, etc


6. Use the law of attraction
   
   
   
   • you become what you think about
   
   
   • thoughts are things
   
   
   • whatever you think about and focus in your mind you attact into your life
   
   
   • really, really, really want something - you'll get it
   
   
   • really, really, really don't want something - you'll get it
   
   
   • internal emotional guidance system
     
     
     
     • don't have to worry about your thoughts
     
     
     • all you have to do is feel what you're feeling
       
       
       
       • good feelings - the better you feel, the more your thoughts are focusing on what you want
       
       
       • bad feelings - focusing on what you don't want, change


7. Leaders are always readers
   
   
   
   • 5 years from now, the person you become will be based on the people you meet and the books you read
   
   
   • suggested books
     
     
     
     • The law of success in 16 lessons by Napoleon Hill
     
     
     • Ask and it is given
     
     
     • The magic of thinking big
     
     
     • The magic of believing
     
     
     • See you at the top by Zig Ziglar
     
     
     • The go getter
     
     
     • How to win friends and influence people
     
     
     • The secret
     
     
     • Rich dad, poor dad by Robert Kiyosaki
     
     
     • Think and grow rich
     
     
     • Success through a positive mental attitude by W. Clement Stone


8. Listen to audio recordings
   
   
   
   • read and listen to keep you thinking in the right way
   
   
   • read and listen every day!
   
   
   • a guy having a phenomenal body because he goes to gym every day, not the other way round
   
   
   • have to train every day


9. Attend seminars
   
   
   
   • like-minded people
   
   
   • experiential event
   
   
   • vital


10. Save 10% (minimum)
    
    
    
    • live below your means
    
    
    • pay yourself first


11. Get out of debt
    
    
    
    • the crippling debt
    
    
    • this could be the 1st definitive purpose


12. Good priority management
    
    
    
    • cannot manage time, only priorities
    
    
    • get complete control of your time


13. Associate with winners
    
    
    
    • 5 years from now your income will be the average of 5 of your best friends
    
    
    • be in the presence of winners


14. Work
    
    
    
    • smart, not hard
    
    
    • though process
    
    
    • do what you love
    
    
    • understand work


15. Develop a pleasing personality
    
    
    
    • be likeable
    
    
    • read "How to win friends and influence people"


16. Develop communication skills
    
    
    
    • most successful people are good communicators, persuasive, negotiate well, good core sales skills
    
    
    • huge advantage in business


17. Improve your credit score
    
    
    
    • for "other people's money"


18. Reduce taxes


19. Reduce insurance premiums


20. Use corporations and trusts
    
    
    
    • tax efficiency
    
    
    • protecting assets
    
    
    • increasing ability to get lines of credit


21. Other People's Money


22. Increase your income
    
    
    
    • + reduce expenses
    
    
    • investing in real estate
    
    
    • ebay
    
    
    • investing stock market - insider trading
    
    
    • trading in stocks
    
    
    • multilevel marketing - not as good as used to be - too much competition

Hmm... ok, different counts - no matter.