We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power
by Rachel Rodgers
In "We Should All Be Millionaires," Rachel Rodgers advocates for women's economic empowerment and wealth-building as a pathway to personal and societal change. Central to her message is the idea that women often undervalue their worth, accept lower salaries, and shy away from negotiating for better pay. This self-sabotage, fueled by imposter syndrome and societal conditioning, limits their earning potential and perpetuates systemic inequalities. Rodgers emphasizes the importance of surrounding oneself with positive, success-oriented individuals, as our associations significantly influence our outcomes. She encourages women to confront their fears and embrace their ambitions by setting boundaries and prioritizing their needs over others. By doubling their prices and asserting their value, women can create ripple effects that not only elevate their financial status but also inspire future generations. The author challenges women to reject the notion that they must justify their desire for wealth by dismantling oppressive systems, asserting instead that the pursuit of wealth is a valid goal in itself. Ultimately, Rodgers champions the idea that when women thrive financially, society benefits as a whole, making a powerful case for women's economic independence as both a personal and collective imperative.
10 popular highlights from this book
Key Insights & Memorable Quotes
Below are the most popular and impactful highlights and quotes from We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power:
Thinking negative thoughts is a form of self-sabotage that keeps you “safe” and therefore stagnant. Even if the status quo is uncomfortable or makes you unhappy, it feels safer than trying to do something new.
Jim Rohn quote: “You are the average of the five people you spend the most time with.”4 Don’t believe me? Let me drop some science. Dr. David McClelland, renowned social psychologist, Harvard professor, and author, studied human motivation for more than thirty years. As discussed in chapter 3, he found that “95 percent of your success or failure in life is determined by the people with whom you habitually associate.” Ninety-five percent, my friend.
The fact is that most women accept whatever salary they are offered, without saying a peep. Sixty percent of women never negotiate for higher pay, never ever, not even once in their entire career.1 If you are serious about building wealth, you must stop leaving money on the table.
And here’s the thing that’s really sad: Imposter syndrome doesn’t just make you feel shitty about yourself, it also keeps you broke.
And if you’re not into dismantling the systems of oppression that exist in our world today, why not? (We should all be participating in our collective freedom.) However, we have a right to build wealth for ourselves as women for no other reason than we want it.
WHEN YOU DOUBLE YOUR PRICES, EVERYONE WINS
We are the saviors we are waiting for.
You are an underearner if you are earning less than you have the potential to earn, and your potential to earn is solely determined by you.
is focusing on our natural skills and talents, being mindful of how we use our time, and prioritizing the building of generational wealth, because that is how we can make serious change.
We’ve begun to raise hell and use our voices, but we need to start playing a different game. A game we can win. Even though the rules that apply to men don’t apply to us.
