Sunday, January 9, 2011

Lessons from “Think and Grow Rich”


The book Think and Grow Rich is a classic amongst entrepreneurs, economists and even some spiritual advisers. Before self-help books took over the market, there was this one. Published in 1937 by Napoleon Hill,Think and Grow Rich is one of the original texts in motivational “how-to” books and was based on Hill’s studies of the wealthy and powerful people in his circle at the time, which included Andrew Carnegie.
The following 13 tenets is an overview of the steps that define how to think and grow rich.





Desire
Desire is a powerful force. Not only do you have to have the desire to achieve or attain something, but you should also have a plan by which to work towards your desired outcome. The strength of your desire will manifest itself in the time and attention you give to nurturing that desire.
Faith
Faith, in this sense, has to do with optimistic thinking and believing in oneself. This is very much in tune with the law of attraction; if you think good things, good things will happen, therefore, if you think positively about your goals, your goals will be met.
Autosuggestion
If you keep repeating your goals and plans for success, it will come true. You have to imprint these goals and thoughts in your mind.
Specialized Knowledge
”Knowledge will not attract money, unless it is organized, and intelligently directed, through practical plans of action, to the definite end of accumulation of money.”
Acquiring knowledge, either through the traditional route of formal schooling or from other informal means, is key to making it happen. The more you know, the more you will propel your idea but your education does need to align with your stated goals. After all, how else can you master your craft.
Imagination
“The impulse, the desire is given shape, form, and action through the aid of the imaginative faculty of the mind.”
Imagination is under-rated, for it can determine how you creatively navigate the route from point a to point b. It’s one thing to have a goal but it’s another to formulate your plan on fulfilling that goal.
Hill discusses the importance of creative imagination and synthetic imagination. Creative imagination is what contributes to breakthrough ideas, synthetic imagination is what contributes to improvements.
Organized Planning
The title of this chapter says it all. Hill’s tips include surrounding oneself with a supportive mentors and people, performing your job to the fullest, stepping up to the plate, and practicing leadership.
Decision
Being decisive is a big component of leadership. When you need to make a decision, make a firm one and stick with it.
The Mystery of Sex Transmutation – Sex is the strongest human desire and Hill recommends transferring that desire and applying it towards more productive activities.
Persistence
Staying committed to your dreams and goals is very critical to any chance of success, because the road to success is paved with roadblock and even failure. Persistence enables you to not be swayed by the obstacles and ultimately achieve your goal.
Power of the Master Mind
Being able to exchange ideas with other productive individuals and feed off each other’s energy is important to shaping or improving your plans.  Cultivating a smart network of friends or associates is key.
The Subconscious Mind
Learn to control the negative thoughts that may creep into your mind. Doubts will always arise but it’s up to you to train yourself to extinguish them immediately and think only positively about your grand plan.
The Brain
The concious mind and the subconcious mind work closesly together and this lesson focuses on controlling your brain so that it influences you for the better and not for the worse.
The Sixth Sense
“Through the aid of the sixth sense, you will be warned of impending dangers in time to avoid them, and notified of opportunities in time to embrace them.” Learn to trust your instincts.

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