Steven R. Covey was one of the most respected business writers, he passed away this year (16th July 2012) but he left a treasure of wisdom that will drive mankind in the right direction for generations to come. He wrote a self-help book “The 7 Habits of Highly Effective People” in 1989 which features in the list of “The 25 Most Influential Business Management Books” by Time Magazine. This book gave birth to cult of business management books – just imagine the numbers, 2.5 crore copies in 38 languages are sold till date. The 7 habits that he highlighted can amalgamate into any field. Bill Clinton once invited Covey to help him connect the 7 habits to his presidency. Let’s try to place these habits in finance field & achieve success in our financial lives.
7 Habits are divided in 3 parts
I. Independence or Self Mastery
The first 3 habits talks about moving from Dependence to Independence
Next 3 habits will be interdependence or where we can work with others
The final habit relates to self-upgrading