The Science of Getting Rich Book Summary

Hello friends, in today’s article, we see The Science of Getting rich book summary. In this summary, you will learn the difference between rich people thinking and poor people thinking and the science of the rich. so let’s see in detail

Time Management Ninja Techniques book summary

The Science of Getting Rich:-

The author was from a poor family and he was finding a way to get success. When he was in college then he thought to take an Interview with some billionaire.

to know, what is the thing that makes them so successful.

After taking many interviews, the author knew that the one thing that differentiates middle class and rich people.

and that also matters much that is their think once the wife sends a man to bring groceries, and also gives a list.

And also wrote the prices of all things on the list that these things you will get in this amount.

After that man goes to a shop near his house but there the rate of all things was little more than the rate written by her wife.

Because that shopkeeper used to sell the thing of high quality by bringing from a for distance.

But that man didn’t buy things from there after listening high rate.

Then he goes to the next shop. there he faces the same situation. so that man goes to a shop on his scooter a few kilometres far from his house.

From where his wife told him to take all those things. but there was a long line of people because of the low rate of things.

And that man also stands in that line and half an hour post to come his chance.

Finally, he comes home happily by punching things at a low rate and by feeling proud, he told his wife, how he did saving by purchasing things at a low rate.

Now you tell whether that man was smart or dumb.

Many middle-class mindset people will tell him smart because he saved money.

but the rich mindset people with say dumb to this person. who wastes 1 hour to save some rupees that important time in which if he wanted then he could earn 100 times more than that.

by doing some other valuable work. and this mindset difference differentiates poor and rich people.

Middle-Class mindset people always think to save money. but a rich mindset person always thinks to earn money.

Do not get me wrong. Saving money is a good habit. but focusing on only saving is a bad habit.

A rich mindset person always invests his maximum mental energy in earning money.

They don’t invest their important time in buying things at discount. Because they understand the value of their time.

In if they work for half an hour then they will earn as much money. that they can buy the same things at full price without a discount.

See friends, if that groceries buying persons could have a rich mentality then instead of standing in line for half an hour buying things, from their nearer shop they could have learned some new skills in the remaining time by which they could earn money.

Because he could understand that in today’s digital age. people can earn money from their homes through their knowledge and skills.

read this article, with a focused mind.

Because at the end I will tell you from which book I have learned these things.

A rich mentality person executes his learnt things very fast and this is the big difference between a successful and unsuccessful person.

Whereas an unsuccessful person keeps doing his work perfectly while a rich person instantly applies the things he learned. ( The Science of Getting Rich)

Youtube Diem Han says ” One day I was on a video call with my billionaire mentor and we were discussing digital marketing but because I have little good knowledge of digital marketing.

so I tell you some strategies from my mentor. by which he could improve his Facebook ad. and when our video call ended. after 5-6 minutes, I got his call.

Diem, I have applied all those strategies that you have to tell me right now. Now I want to know about content optimization.

on this Diem says, I got shocked. how one can apply the things learned just now and then Diem thinks, yes due to the fast execution, he is a billionaire today.

Mindvalley’s founder Vishen Lakhian also told some similar methods in his latest book ” The Buddha and The Badass ” whose name is OODA

that was made by US military-strategic John Boyd to do any working speed John body noticed that in the airforce the pilot who waste more bullets was the best pilot.

Because they followed ” OODA ” means Observe, Orient, Decide and Act.

this concept says to take action as soon as possible, and then decide later whether that action is right or not. with this, your working speed will increase and you will move forward fast.

means ” fill fast to Achieve fast ” and the same is used by rich people.

Ratan TATA says I don’t believe in taking the right decision. First, I take a decision and then I make it right. Let you get a unique business idea during bathing in the morning. that can help a lot of people.

You start research to execute that idea. you see videos related to that, read books, and then you knew that you have to take some simple steps to reach your goal.

But suddenly you stop and think, I don’t know this work.

How will I do this work? means you only think about How? like I have to make an app but I don’t know the code.

I don’t know about digital marketing. I don’t know this I don’t know that and like this, you start giving excuses. (The Science of Getting Rich)

So listen, does Mukesh Ambani receive your call when you call on Jio customer care? or his employee?

After ordering food on Zomato does Zomato founder Deeinder goyal come to give the parcel himself? obviously not.

Had steve jobs made the apple, iPhone and iPad himself? No.

Where a normal person asks himself ” how ” while a rich mentality person asks himself ” who ”

This means who will be that can do this work better than me?

Let you give to make a home to a contractor.

What do you think? he will make you home himself. No,

they will be the people whose list is with him. He will have the contract number of the plumbers who will do the plumbing of the house.

he will have all the contracts of the suppliers that will be needed to build the house. Their approach is ” who ”  not ” how ” which means who can do this work for me.

so this contractor earns more money than others in making houses.

Without doing actual work himself. so if you want to be a rich person then ask yourself ” who ” not ” How ”

Donald Trump was once trapped in billions of dollars of debt.

He says, when I see some poor people sitting on the road, I realize how rich this person is than me.

Because he doesn’t have money only but I have been trapped in billions-dollar debt.

Debt is a thing that breaks a normal person but Donald trump didn’t break. He finished that debt and become rich Again.

These all did not happen due to any miracle and his work. These all happened because his thought was right his mindset and his identity made him stand out again. (The Science of Getting Rich)

and also made him USA president many people think people’s works make them rich.

Like maybe the spices business makes them rich or something else.

People think there would be something that makes rich people richer.

But the truth is people also earn crores by selling scrap.

Because matter does not only work but it is of character and mindset of a person rich people are very obsessive.

They think about things until they get the solutions.

Walmart CEO Sam Walton was one of the richest people in the world.

but when he used to go to competitor stores and check the floor tiles by sitting on his knees, because he thought he should have knowledge of every little thing of his business.

Whether it is shopping cart design or music in the store background he cares about every little thing.

Now think of a man who is as much rich as he can get this work done by 100 people.

He is doing this work himself. because he was obsessive.

Rich people don’t care about that what other people think about them. if they have to take tea, then he only takes tea.

They don’t drink cold drinks to look cool. Their mind gets busy findings the solution to the problems. that they don’t care about any other things.

and this obsession is the reason for his growth by which they become this rich Uber is one of the biggest companies in the world. (The Science of Getting Rich)

Who gives their services in countries whose valuations are many billion dollars.

the reason behind this amazing result is the way of thinking of Uber founder Travis Kalanick

Instead of doing the competition, he used his creative mind. Before uber taxi was running and people also used that. but many people are just competitive minds. so many businessmen opened different taxi services but nobody thought about this problem.

that how problematic when a taxi is to found.

But Travis thought why not make such an app by which passengers’ time doesn’t waste and the driver can find passengers easily?

and by this thought today Travis is CEO of billion- dollar company. you can earn money in thousand of ways and for that, the thing you have to do first is you have to reach creative thinking by coming out from competitive thinking.

from childhood, we learn to compete with others.

Either it is exam marks of company promotion by which our creative thinking vanishes and we don’t see the brilliant opportunities near us.

so always think to create something not competing with someone.

now let’s summarise the above article,s

In this article, we have about the mentality of the rich and the poor. In which the first difference was, that how a poor mindset person wastes his time to save little money.

While a rich mindset person protects his time by paying a little more money by which he can earn more.

2) Big difference was a rich man is action-oriented.

he executes his learning very fast he will take as much knowledge as is required to do the first step.

on the second hand, a poor mindset person only consumes information without taking any action.

by which he never rich to his goal.

3) Difference A rich mindset person always thinks about ” who ”  not about ” how ”

Because he knows, that if he has to fulfil his dream. then he will need so many people, while a poor mindset person doesn’t dream.

but at he sees the dream, then he thought he has to do everything himself to do that dream successfully and by this thinking, he never completes his vision in reality.

then we saw Donald trump’s example

That is how a person becomes rich by his thinking and character not by any miracle

4) was a rich mentality person who is obsessive like Sam Walton and keeps knowledge of every little thing in his field.

and in the last points.

you know by uber’s example that

A rich focus on creative thinking by coming out from competitive thinking.

Friend these are all things I told you from.

Steve Siebold’s book ” how rich people think ”  and Wallance Dwattles’s book ” the science of getting rich ”

Buy the book:- How rich people think

Read More Books

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4. The compound effect
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