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10 Lessons From "Think And Grow Rich" By Napoleon Hill

Thoughts are powerful

Thoughts are powerful

Thinking - the mixture of initiative, faith, willingness to win, and resilience - is more conducive to success than any other feature. 

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10 Lessons From "Think And Grow Rich" By Napoleon Hill

10 Lessons From "Think And Grow Rich" By Napoleon Hill

https://medium.com/@antoniomartina/10-lessons-from-think-and-grow-rich-by-napoleon-hill-3d51e88a7f70

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10

Key Ideas

Desire...

... is the one stage that links thoughts and actions together:

Thoughts → Committment (or Desire) → Action.

Faith

It means convincing yourself that your goal is achievable.

With a specific end in mind, practice convincing your mind of the opportunity to realize that goal, and after a while, your mind will start to subconsciously act on behalf of your belief system.

Specialized knowledge

If you’re not specialized about the products or services you sell, you’re probably never going to be wealthy or successful in any endeavor.

Education doesn’t stop on graduation day, and those who believe that are eternally condemned to mediocrity.

Imagination can take the shape of:

  • Synthetic Imagination: Where your mind is limited to finding new combinations with past experiences.
  • Creative Imagination: When you think about the future in terms of opportunities.

Decision-maker vs. procrastinator

Procrastination means giving up on yourself. Taking action equals making decisions.

Decide what you want your life to look like, provide what's currently lacking (resources, positive associations powerful routines and habits), then go after your goals.

Mastermind Alliance

Once two or more minds get together, a third, way more powerful mind is created;

Surround yourself with like-minded people that can give you noteworthy insights and sparks that you can draw inspiration from. 

Subconscious mind

It is like an archive: it receives and contains your thoughts and impressions, regardless of their nature.

So if you feed your brain with the vision of wealth and success, it’ll work its way through making those aims a physical reality.

The worst facets of Fear

  • Fear of poverty. Poverty and wealth can’t coexist.
  • Fear of criticism. It can rob you of power, self-confidence and independent thinking.
  • Fear of ill health. Becoming pessimistic and ill-minded because of widespread negativity.
  • Fear of losing love.
  • Fear of old age.
  • Fear of death.

Think And Grow Rich

Written in 1937 after a 25-year research on some of the most economically successful individuals, the book is one of the universally recognized personal development masterpieces (more than one hundred million copies sold worldwide, according to recent estimates).

The book‘s philosophy centers around the idea that success, in any endeavor, can be reached through mental visualization and imagination. 

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Fundamental Principles From Think and Grow Rich
Fundamental Principles From Think and Grow Rich
  • Everything which is tangible began as a thought: Anything that you create in your mind and trust that it is possible, you can achieve.
  • Win or quit, pick a side. Winners d...
Think and Grow Rich

... is the most successful personal development book ever written. It was first published in 1937 and has since sold over 70 million copies. 

This tremendously successful book was written by the late Napoleon Hill. He was an American author of the new thought movement.

Rich Dad, Poor Dad
Rich Dad, Poor Dad

"Rich Dad, Poor Dad" is a best-selling personal finance book, written by Robert T. Kiyosaki and Sharon L. Lechter.

It reads like an allegorical story about Robert Kiyosaki a...

“Poor dad” vs "Rich Dad" Mentality

The “Poor dad”, a stereotype for the regular salary man, believes that one should work for money as an employee at a stable job. This mentality can trap a person into working a job they don’t love, but is willing to stick with because they have to pay the bills.

The "Rich dad", an entrepreneur, thinks wealth comes from experience-based learning (learn on the job, by becoming an entrepreneur) and multiple income streams.

When the “poor dad” encourages working your way up the ladder, “rich dad” laughs and says, “Why not own the ladder?”

Key lessons for becoming a "Rich Dad"

According to Kiyosaki in his book "Poor Dad, Rich Dad", rich people do certain things poor people don't:

  1. The rich buy assets (things that generate revenue like bonds), not liabilities (things that cost money like rent).
  2. The rich become financial literate through experience, not by studying hard at fancy schools.
  3. The rich learn to sell early on.
  4. The rich manage fear better. They take more risks and don't play it safe.
Hill was a charlatan

Napoleon Hill was said to be an advisor to two presidents: Woodrow Wilson and Franklin Delano Roosevelt.
In fact, there’s no evidence whatsoever outside of Hill’s own writings that Hill ...

Hill and Carnegie

Napoleon Hill’s most infamous claim was that he met and interviewed at length the industrialist Andrew Carnegie in 1908.

Andrew Carnegie's biographer David Nasaw found no evidence of any sort that Carnegie and Hill ever met.

Serial swindler

Napoleon Hill tried his hand at a number of businesses. But at every turn, there was some kind of shady dealing that would cause his business ventures to crumble.

Promoters of Hill claim that it was all a matter of bad luck, and Hill's naivety. However, there are only so many times that a man can be arrested for the sale of unlicensed stock, altering checks, and outright theft, before you have to question the official history.

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