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Think and Grow Rich

Think and Grow Rich

by Napoleon Hill, Ben Holden-Crowther

Written in 1937 by Napoleon Hill, Think and Grow Rich was inspired by the theories and practices of Andrew Carnegie, a successful businessman and philanthropist. Although some advice in this book is outdated and irrelevant, most of its teachings are timeless and can be applied to your life to help you achieve immense success.

Summary Notes

Introduction: The Man Who “Thought” His Way Into Partnership With Thomas Edison

When one is truly ready for a thing, it puts in its appearance.

Before you can begin to work toward your goals, discover what they are. Narrowing them down to one major goal—the goal that is most important to you—will allow you to focus all your resources on it and, therefore, will give you a higher chance of achieving success.

Most importantly, however, stick by your goal! Don’t give up, no matter how hard it gets. Only if you keep working toward your goal will you achieve it.

Skills to acquire

Desire: The Starting Point of All Achievement

The greatest achievement was, at first, and for a time, but a dream.

The main lesson here is to demand and expect that you must not accept any other alternative apart from you having that money. Then, all that’s left is to wait—you will definitely achieve financial success.

Skills to acquire

Faith: Visualization Of, And Belief In Attainment of Desire

A mind dominated by positive emotions becomes a favorable abode for the state of mind known as faith.

Having faith in yourself means believing that you can achieve whatever you desire. If you have a strong sense of faith, you are more likely to succeed in life. Faith is the only known antidote for failure.

To develop faith, repetition is key. Keep telling yourself that you can achieve what you aim for, and your subconscious will translate that message into its physical equivalent—i.e., you will achieve that “something.”

Skills to acquire

Specialized Knowledge: Personal Experiences or Observation

The person who stops studying merely because he has finished school is forever hopelessly doomed to mediocrity.

Formal education is not as important as having knowledge in the niche you wish to conquer. Only if you have specialized knowledge in a certain area will you be able to achieve success in said area.

Skills to acquire

Imagination: The Workshop of the Mind

On every hand one may contact stimuli which develop imagination.

Stimulate your mind to activate your imaginations, and begin using them by coming up with new ideas. Soon enough, you’ll hit a goldmine.

When working your way up the career ladder, it’s pretty common to start all the way at the bottom. Sometimes, however, when you are at the bottom, you will find that it’s pretty hard to lift your head high enough to be seen by opportunity, so you remain at the bottom.

Plus, the outlook from the bottom isn’t too bright, and it kills motivation and ambition. This is what it means to be stuck in a rut. Without motivation and ambition, you will never achieve success.

Don’t develop the habit of staying put; instead, develop the habit of looking for ways to improve your situation.

Skills to acquire

Organized Planning: The Crystallization of Desire into Action

No man is ever whipped until he quits in his own mind.

The first step in turning a desire for money into its monetary equivalent is to formulate a clear, practical plan. To be sure of success, this plan should be faultless and built on the collective knowledge and experience of your peers.

Even if your plan fails at first, do not let this dissuade you from trying again. Do not shy away from the obstacles in your path due to a fear of failure, instead, soldier on. Defeat is only temporary, and it is just a signal for you to re-evaluate your plan, identify the flaws, and correct them. Additionally, a yearly analysis of your plan, and your life in general, will help you identify these flaws before they have a chance to cause you to stumble.

Another important step in creating and following your plan of action is to decide whether you will be a leader or a follower. If you decide to be a follower, know that you will not achieve as much monetary compensation as a leader would. If you decide to be a leader, it is essential that you are a good leader so you can lead your team to riches. Remember, there are two forms of leadership: leadership by consent and leadership by force. Leadership by force is what is used by dictators, and it has been proven ineffective. Leadership by consent, on the other hand, will enable you to achieve success.

Skills to acquire

Decision: The Mastery of Procrastination

You have a brain and mind of your own. Use it, and reach your own decisions.

Lack of decision is one of the major causes of failure. Research shows that millionaires make quick, prompt decisions and stick by them. Less successful people procrastinate and make decisions very slowly (if at all) and are quick to change their minds.

When you reach decisions promptly and definitely, you know what you want, so you are more likely to get it.

Skills to acquire

Persistence: The Sustained Effort Necessary To Induce Faith

There may be no heroic connotation to the word ‘persistence’, but the quality is to the character of man what carbon is to steel.

Persistence is what will get you to achieve your goals. If you are persistent, you are capable of almost anything.

Skills to acquire

The Subconscious Mind: The Connecting Link

Everything which man creates begins in the form of a thought impulse.”

The subconscious mind is very susceptible to the influence of emotions. Use the seven major positive emotions to thus influence and instruct your subconscious mind to act in your best interests, so you can achieve your goals.

Skills to acquire

How To Outwit The Six Ghosts of Fear

We do not worry over conditions once we have reached a decision to follow a definite line of action.

These six fears will cause indifference, indecision, doubt, procrastination, self-consciousness, an inferiority complex, lack of ambition, intemperance, self-coddling, jealousy, and other such negative emotions.

All these attributes will be very detrimental toward your success, as they will cause you to stop taking action to achieve your goals. They will hold you paralyzed. So, outwit them and watch yourself achieve success!

Skills to acquire

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