Think & Grow Rich by Napoleon Hill

Think and Grow Rich is one of the books, often recommended to achieve great things in life. The book was written at the instance of Andrew Carnegie and it is based on interviews of 500 greatest men of the early 20th century, including Henry Ford, J.P. Morgan, John D. Rockefeller, Alexander Graham Bell, Thomas Edison and Theodore Roosevelt. First published in 1937 and it has now sold more than 70 million copies.

“The subconscious mind acts beneath the surface to accomplish what it is directed to accomplish.” This is the key message of the book. This book sets out 13 key principles for success and a brief outline of each of the 13 principles are presented here.

1. Desire: The Starting Point of All Achievement

The desire discussed here is different from wishing. It is an intense, burning obsession, coupled with both a plan and persistence in sticking to the plan. The author presents a six-part method to ensure that this is the type of desire you are starting with:

  1. Fix in your mind the exact amount of money you desire.
  2. Determine exactly what you intend to give for this money.
  3. Establish a definite date by which you intend to possess this money.
  4. Create a definite plan to acquire the money, and put this plan into action at once.
  5. Write a clear, concise sentence describing each of the previous part ( 1 to 4)
  6. Read your statement aloud twice daily, in the morning and at night.

2. Faith in Your Ability: Visualization of, and Belief in Attainment of Desire

Faith in yourself is a state of mind. That you can create by autosuggestion.

Faith is the element that, when mixed with desire, gives you direct communication with infinite intelligence.

Dominating thoughts of the mind will eventually reproduce themselves in outward, physical action, and gradually transform themselves into physical reality.

The subconscious mind will translate into reality a thought driven by fear just as readily it will translate into reality a thought driven by courage, or faith. So it is better to avoid negative or destructive thinking.

3. Autosuggestion: The Medium for Influencing the Subconscious Mind

Autosuggestion is self-suggestion. It is the way of communicating between that part of the mind where conscious thought takes place, and that which serves as the seat of action for the subconscious mind.

As part of this principle, you are asked,  twice a day, morning and night, to close your eyes, say out loud the amount of money you intend to obtain, when you intend to obtain it, and how (in general terms) you intend to obtain it. In addition, you must write this statement down, place it where you will see it in the morning and at night, and commit it to memory.

The ensuing chapters consist of various tools for successfully applying the first 3 principles.

4. Specialized Knowledge: Personal Experiences or Observations

You must have specific knowledge and skills (how to fix a leaky faucet, diagnose a disease, build a financial model, etc.) for accumulating wealth. Yes Just the general knowledge is useless for the purpose of accumulating wealth.

Of course, you don’t necessarily need to have the specific knowledge in your own head; you could also simply make sure to have access to those who do.

5. Imagination: The Workshop of the Mind

Transforming desire into money requires specific plans, which come most often through synthetic imagination. Mr. Hill distinguishes imagination into two types. 1. The synthetic imagination which simply rearranges existing ideas into new concepts 2. Creative imagination, which creates something from nothing. You must add imagination to specialized knowledge to grow rich.

6. Organized Planning: The Crystallization of Desire into Action

Organized planning must be continuous and persistent since failure will often come before success despite your best efforts. You must select individuals for your group(s) who are likewise persistent. In addition, you must develop the qualities of a leader if you expect to lead such individuals in any endeavor.

7. Decision: The Mastery of Procrastination

All successful people have the habit of making decisions promptly, and of changing them slowly. People who have no desire of their own are heavily influenced by the opinions of others and are not likely to succeed. Great accomplishments come from courageous decisions.

8. Persistence: The Sustained Effort Necessary to Induce Faith

Persistence is a state of mind that can be cultivated by having a definiteness of purpose, desire, self-reliance, definiteness of plans, accurate knowledge, cooperation, willpower, and habit.

9. Power of the Master Mind: The Driving Force

The combination of experience and brainpower of the support group or mastermind has a great economic advantage, in addition to other “psychic” benefits.

10. The Mystery of Sex Transmutation

Those who have accumulated great fortunes and achieved outstanding recognition…were (often) motivated by the influence of a mate or love.  With this, when the sexual transmutation occurs, it gives birth to creative ability.  Yes. Sexual transmutation contains the secret of creative ability.

11. The Subconscious Mind: The Connecting Link

The subconscious mind works day and night. You cannot control your subconscious mind but can hand over to it any plan, desire, or purpose that you wish transformed into concrete form. To grow rich, you must continually draw upon the positive emotions, rather than allow your mind to dwell on the negative ones. Faith cannot coexist with fear.

12. The Brain: A Broadcasting and Receiving Station for Thought

In this chapter, Mr. Hill reiterates the principles discussed earlier from the perspective of the brain’s role in the process

13. The Sixth Sense: The Door to the Temple of Wisdom

The sixth sense is that portion of the subconscious mind that has been referred to as the Creative Imagination.  Through which ideas, plans, and thoughts flash into the mind. The flashes are also known as hunches or inspirations.

14. The Six Ghosts of Fear

Because faith cannot coexist with fear, one must master fear to grow rich. The author divides fear into six basic types such as:

  • The fear of poverty
  • The fear of criticism
  • The fear of ill health
  • The fear of loss of love of someone
  • The fear of old age
  • The fear of death

Fears are nothing more than states of mind. Your state of mind is subject to your control and direction.

 

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