“Secrets of Six-figure Women,” by Barbara Stanny has long been on my to-read list. But with the book being published 16 years ago, I had hesitations how relevant it could be, and wasn’t quick to pick it up. I’m glad I finally did. For being written almost two decades ago, the majority of this book is chocked full with tips and tricks that are still relevant today.
Below are my favorite takeaways:
- No matter how tough things are, there will always be people who are prospering. The fact is, there are a hell of a lot of women making a whole lot of money, and the numbers are growing rapidly. I really like the first part of this statement. It’s powerful. Stanny implies that it doesn’t matter if there is an economic recession, if you’re looked over for a promotion, or if you’re feeling overworked, there is always opportunity to find opportunity.
- If there’s one hallmark for high earners, it’s that they’re exceptionally hard workers.
- You must let go of where you are to get to where you want to go. Talk about motivation for any aspect of your life.
- Persistence is a prerequisite to win. To get the job, to win a promotion, to make it through your five or ten or twenty-year plan, you must be persistent.
- Many people confuse the opportunity rule with luck or fate, and then bemoan the lack of it in their lives. But really, luck itself has little bearing. It is determination, not destiny, that makes all the difference.
- Excessive self-reliance breeds isolation, which can quickly erode self-assurance. You must take care of yourself first, for your relationships with family and friends to thrive.
- Spend less than you earn. Pay yourself first. Put your money to work. — Discipline, not deprivation, is the ticket to financial security. No matter how much you’re making, you should always be saving and investing. Every bit counts.
Now what book can teach me the secrets of seven-figure women?