Book Summary: Think And Grow Rich
In this article I'll be reviewing one of the greatest self-help books of all time so make sure to take notes!
Book Summary: Think And Grow Rich
"Think and Grow Rich" is a self-help book written by Napoleon Hill and published in 1937.
The book teaches the reader how to think positively and overcome obstacles in order to achieve success in life. Hill argues that your mindset is the key to success, and that by changing one's thoughts and beliefs, one can change their reality.
The book presents 13 principles of achieving success and accumulating wealth, such as developing a positive attitude, setting goals, and developing self-discipline.
Through the use of real-life examples, Hill illustrates the principles he teaches and encourages readers to apply them to their own lives. The book is considered a classic in the self-help genre and has sold millions of copies worldwide.
Why did he write the book?
Napoleon Hill wrote "Think and Grow Rich" because he believed that success could be taught and learned.
He spent over 20 years researching and studying the lives of successful people, including Andrew Carnegie, Henry Ford, and Thomas Edison, in order to understand the principles and habits that made them successful.
He believed that by distilling these principles into a book, he could help others achieve the same level of success.
In his introduction to the book, Hill states that his purpose in writing it was "to enable you to find out what you want, in order to get the conditions by which to achieve it."
He believed that the book could be used as a guide to help individuals discover their own unique paths to success.
The 13 principles of Success
In the following section, I'll do my best to summarise the 13 principles of success from Hill's book and provide some examples of each of them in use to help you to see how to implement them into your life.
Without further ado, let's get into Hill's 13 principles of success....
1. Desire
In "Think and Grow Rich," Napoleon Hill emphasizes the power of desire as the first principle of achieving success. He argues that a burning desire is the starting point of all achievement and that it must be strong and persistent.
Hill attributes Carnegie's success to his burning desire to be successful and his unwavering persistence in the face of obstacles.
2. Faith:
The second principle in the process of achieving success is faith, and that it must be unwavering.
3. Auto-suggestion
The 3rd principle is the power of auto-suggestion as a tool for programming the mind to believe in one's ability to achieve a desire.
This is the process of creating a mental image of oneself achieving a desire. For example, if someone wants to lose weight, they might visualize themselves as being thinner and healthier.
For example, if someone wants to increase their income, they might set a goal to make an extra $1000 a month within the next year.
By setting a clear and specific goal, the mind becomes focused on achieving it, and it is more likely to take action towards it and notice opportunities that arise.
4. Specialized knowledge
For the 4th principle, Hill emphasizes the importance of specialized knowledge in achieving success. He argues that in order to be successful in any field, one must acquire specialized knowledge in that field.
5. Imagination:
Imagination is the fifth principle of achieving success. Hill argues that imagination is a powerful tool that can be used to visualize one's desire as already being achieved.
He states that "Imagination is the workshop of the mind, where one may experiment with his thoughts, and give them practical form."
One way to use imagination is through visualization. This is the process of creating a mental image of oneself achieving a desire - daring to imagine what you can achieve without any constraints is a really good way to get your creative mind fired up!
Another way to use imagination is through creative problem-solving. This is the process of using imagination to come up with new and innovative solutions to problems.
For example, if someone wants to create a new product, they might use their imagination to come up with unique features or designs that will set it apart from others in the market.
A third way to use imagination is through brainstorming. This is the process of generating a large number of ideas through free association and creative thinking.
For example, if someone wants to write a book, they might use brainstorming to generate a list of possible ideas and plot twists.
"Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world" - Albert Einstein.
6. Organized planning
Hill has Organized planning as the sixth principle of achieving success.
He argues that in order to achieve a desire, one must create a plan and take action on it. He states that "A plan, in and of itself, is of no particular value, unless it is put into action."
For example, the person setting up their own business might set a schedule to conduct market research every Monday, develop a business plan every Wednesday, and seek funding every Friday.
By creating a schedule and sticking to it, one can stay on track and make consistent progress towards achieving their desire.
7. Decision
Next on the list, he emphasizes the importance of decision making as the seventh principle of achieving success.
Sometimes it is easier to decide what not to do than to decide what you need to do. Remember, if it isn't moving you towards your goal, it's moving you away from it!
Returning to the example of someone looking to start their own business, they might eliminate options such as conducting market research in other countries or seeking funding from non-related investors.
8. Persistence
Persistence is the eighth principle of achieving success, according to Hill. He argues that in order to achieve a desire, one must persist in the face of obstacles and setbacks.
He states that "Persistence is the quality that guarantees that all obstacles will be overcome, and that all setbacks will be only temporary."
For example, if someone wants to start their own business, they might set a goal to have a business plan in place within the next six months.
Or, they might stay committed by avoiding distractions such as social media or other non-related activities, and instead, focusing on the steps needed to achieve their desired outcome.
In the business example, if the person faces a setback such as lack of funding, they might maintain a positive attitude by seeking out alternative sources of funding or seeking mentorship to overcome this setback rather than throwing in the towel and quitting.
9. Power of the mastermind
Hill, and other contributors to the book, assign a huge part of their success to the power of the mastermind. He argues that by forming a mastermind group, an individual can tap into the collective knowledge, skills, and resources of its members to achieve a common goal.
He states that "The Master Mind principle represents the coordination of knowledge and effort, in a spirit of harmony, between two or more people, for the attainment of a definite purpose."
10. The subconscious mind
Hill lists the power of the sub-conscious mind as the tenth principle of achieving success. He argues that the subconscious mind is a powerful tool that can be used to achieve a desire by programming it with thoughts and ideas that align with that desire.
11. The mystery of sex transmutation
Hill introduces the concept of "sex transmutation" as the eleventh principle of achieving success, and he argues that the power of sex can be harnessed and channeled into other areas of life to achieve success.
Sounds a little crazy this one, and it's difficult to describe - but you know how when you have a crush on someone, you can come up with all sorts of creative ways to be around them?
It's about using that same creativity but redirecting it towards your goal to come up with creative solutions to achieve it - or that's what I take from it anyway!
12. The brain
Next, Hill talks about the concept of "the brain as a broadcasting and receiving station" as the twelfth principle of achieving success.
He argues that the brain is not only capable of receiving information, but also capable of broadcasting it to the 'universe' (hmmm... Yeah, not one for all the 'universe' stuff to be honest, but let's stick with him...).
For example, if someone wants to increase their income, they might set a goal of making an extra $1000 a month and consistently focus their thoughts on ways to achieve that goal.
13. The sixth sense
The 14th principle is that of the 6th sense...
He states that the sixth sense is a higher level of consciousness that can be accessed to achieve a desired outcome. He states that "The sixth sense is that portion of the subconscious mind which has been referred to as the Creative Imagination."
You access this sixth sense is through meditation and other forms of mindfulness practices, which allows for quieting the mind and listening to inner guidance.
Another way is by keeping an open mind and being receptive to new ideas and opportunities that come along the way, as the sixth sense can provide guidance through unusual or unexpected means.
How to outwit the six ghosts of fear
- The first ghost of fear is the fear of poverty. This fear can manifest in the form of financial insecurity and can prevent one from taking risks and pursuing opportunities. To overcome this fear, one should focus on developing a positive attitude towards money and setting clear financial goals.
- The second ghost of fear is the fear of criticism. This fear can manifest in the form of self-doubt and can prevent one from expressing themselves and putting their ideas out there. To overcome this fear, one should focus on developing self-confidence and learning to accept constructive criticism.
- The third ghost of fear is the fear of ill health. This fear can manifest in the form of worry and anxiety about one's health and can prevent one from living a full and satisfying life. To overcome this fear, one should focus on maintaining a healthy lifestyle and seeking medical attention when needed.
- The fourth ghost of fear is the fear of loss of love of someone. This fear can manifest in the form of insecurity in relationships and can prevent one from forming deep and meaningful connections. To overcome this fear, one should focus on developing strong communication skills and being open and honest with loved ones.
- The fifth ghost of fear is the fear of old age. This fear can manifest in the form of worry about the future and can prevent one from living in the present moment. To overcome this fear, one should focus on living in the present moment and making the most of every day.
- The sixth ghost of fear is the fear of death. This fear can manifest in the form of worry about the unknown and can prevent one from living a full and satisfying life. To overcome this fear, one should focus on living a meaningful life and making a positive impact on the world.
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