T Harv Eker - CNBC Morning Call
An Interview with T Harv Eker
Interview with T Harv Eker: CNBC Morning Call
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Watch a television interview of T Harv Eker by CNBC on 'Morning Call', including his new book Secrets of the Millionaire Mind.
Date: April 1 2005
How's this for a get rich scheme? Think like a millionaire to become a millionaire. But can you really think rich to get rich? Becoming wealth is a mental game according to Wall Street Journal and New York Times bestseller Secrets of the Millionaire Mind. Joining us now, hopefully with a few tips, is the book's author T Harv Eker. Good morning
Harv Eker: Good morning, thanks for having me.
What seperates the rich from everyone else. You say programming?
Harv Eker: Absolutely. I say give me five minutes and I can predict your financial future for the rest of your life. How? By identifying your money blueprint. Each of us has a personal money blueprint already ingrained in our subconscious mind. And it is this blueprint more than anything else that will determine your financial life. You can be the best at business, you can know everything about stocks and bonds and real estate. You can be the best at your job, but if your money blueprint isn't set for a high level of success, you will never amass a large amount of money.
So you're saying education, aptitude and to some extent, luck, don't matter?
Harv Eker: They don't matter because they won't last. Can I give you an example?
Sure.
Harv Eker: Here's a perfect example. Here you've got Donald Trump. Multibillionaire who loses everything and more. A couple years later he's got it all back and more. Why? His money blueprint is set for high. Lottery winners, there's your luck, they win 5, 10, 100 million dollars. Five years later they're right back to where they started.
Interesting. How do we develop our thoughts around money and how do we change those thoughts?
Harv Eker: The first thing is to realize that we were all taught how to do money. We were all conditioned and programmed from when we were young, by what we heard, what we modelled. Most of us are like one or both of our parents in the arena of money. We're going to be identical, or opposite to them, depending on the experiences we had. Once we understand that, we can realize that even though we were taught about money, most of us didn't have a lot of it, or had a lot of emotional issues around it. And that determines our thinking. Now, our thinking is what determines our actions. And our actions determine our results.
What kind of thoughts work, and what kind of thoughts don't work?
Harv Eker: Well here's a very simple one. Very obvious, it's so simple here. Rich people admire and model other rich and successful people. What does most everyone else do? They resent rich people. They resent successful people. And this resentment becomes an unconscious block towards your own success. Because if you think that rich people are bad in any way shape or form, and you want to become a good person, then you can never be one of them.
If you take a Donald Trump, a Ross Perot, a T Boone Pickens, would you find a common denominator in their thinking?
Harv Eker: Absolutely. I think the first thing is they want to be successful. Not just a little successful but very successful. In other words, rich people, as I say in the book, play the money game to win. And most other people play not to lose. They play on defense not offense. Let me put it this way. If you want to really rich, you have to take action to be really rich. Not just pay bills and not just be comfortable.
Like what? Actions like what?
Harv Eker: Well, you may have to take some risk. You may have to understand that you might have to overcome fear. Successful people are willing to act in spite of fear. Unsuccessful people let fear stop them. You're never going to certain about everything. You have to act in spite of uncertainty.
Interesting. Before you run , talk to us about this term "platform" that the Wall Street Journal references in terms of selling a book. About how this platform facilitates selling a book.
Harv Eker: Well it's like anything else. A database, an audience makes a big difference. I have a very loyal following. They seem to resonate with what I talk about. Because it works in the real world. I have over a quarter million people that have come to our seminars and in order to sell the book prior to it coming out, we were able to do a database mailing, and follow up on that. At our seminars we're often able to sell a thousand, two thousand, five thousand books at a seminar.
So are you a millionaire?
Harv Eker: Multi, multi, multi, thank goodness for that.
You're thinking the right way. Thanks for joining us Harv, appreciate it.
Harv Eker: Thank you so much for having me
T Harv Eker, author of Secrets of the Millionaire Mind
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