Think and grow rich by Napoleon Hill

Book Summary of Think and Grow Rich by Napoleon Hill

Brief synopsis

The psychological influence of positive thinking is explored by Think and Grow Rich. For our progress, Napoleon Hill delves into the value of our thinking patterns. Napoleon explains how these constructive thinking strategies were paired with a mixture of persistence, education, and supportive colleagues by the most successful people in the past. When we strive to achieve our life goals, we will all fail, but those who are able to keep trying will succeed.

Think and Grow Rich

During the Great Depression in the US, Think and Grow Rich was published. It was highly successful, however. Think and Grow Rich has sold over 100 million copies to date. This makes it one of the top ten best-selling books of all time on self-help. Even now, Think and Grow Rich has been ranked by BusinessWeek as one of the best-selling paperback business books.

Regarding Napoleon Hill

Napoleon Hill was a self-help author from America. The value of following particular values to attain personal and financial success was the subject of each of his books. Napoleon toured the US and the world, giving seminars on personal achievement, as well as writing self-help books.

Achievements include detailed preparation and realistic goals

“Set your mind on a definite goal and observe how quickly the world stands aside to let you pass.” – Napoleon Hill

Knowing what you want to accomplish is the only way to become successful. We can not start our journey towards success without specific objectives. Napoleon Hill therefore advises that by describing their personal goals in as precise terms as possible, individuals begin their journey towards success. If you want to become successful, you can define exactly how much money you want to make at a certain age. In order to achieve this aim, monetary and time-specific targets would allow you to have a clear understanding of how much you will have to spend.

You’ll then want to outline a strategy after defining a target and giving it a timeline. A step-by-step guide to achieving the ultimate target should be integrated into this strategy. Then you need to act once you have this strategy. Start immediately and do not waste a minute.

These tips will help keep you motivated and concentrated on the next objective that you need to work on in order to reach your overall objective.

Desire is the starting point of all progress.

Napoleon states that as long as you hang on to your wishes, you will achieve what you want. This does not mean, however, that you should only desire the result. Simply wishing for money, for instance, will get you nowhere. Instead, by being obsessed about creating effective strategies and achievable targets that will help you with your desired result, you need to want to become wealthy.

Napoleon offers an overview that will help you navigate your path to being rich in a systematic way:

Decide how much money you want to make exactly. This ought to be quite true (even to the final dollar)
Determine what you are prepared to give to gain this sum of cash
Choose a date by which you plan to get all of this cash
Build a comprehensive plan of how this objective can be accomplished and decide what you should do right now.
In a simple declaration, write all of the above in
Finally, be sure to read this sentence aloud twice a day, twice a day.

Efficient individuals trust their skills

“There is a difference between wishing for a thing and being ready to receive it. No one is ready for a thing, until he believes he can acquire it. The state of mind must be belief, not mere hope or wish. Open-mindedness is essential for belief.” – Napoleon Hill

A great quality to have is unwavering confidence. Individuals who have an unwavering confidence, according to Napoleon, are usually those who will do whatever it takes to achieve their objectives. This is because, without self-confidence, you can not achieve success.

Napoleon provides Mahatma Gandhi’s example of promoting the strength of faith and self-confidence. The traditional instruments of influence were not accessible to Gandhi: money and the military. He had an unwavering conviction, instead, that he could lead his country, India, to freedom from the colonial rule of Britain. This conviction allowed him to establish a major influence over his fellow countrymen and then to spark a shift.

Unlike Gandhi, we are no different. We can do something if we can harness an unwavering confidence in ourselves and our capacity to attain our objectives.

In addition to terror, you cannot have confidence.

Napoleon notes that it is difficult for faith to coexist with terror. Therefore, once all fears have been mastered, we can have unwavering confidence in order to become wealthy. Fear divides Napoleon into six subtypes:

The fear of poverty, embodied by indifference, indecision, uncertainty, anxiety, extreme caution, and hesitation.

Self-consciousness, lack of poise, a complex of inferiority, extravagance, lack of effort, and lack of ambition reflect the fear of criticism.

Hypochondria, inadequate exercise, susceptibility, self-coddling, and intemperance embody the fear of ill health.

The fear of someone’s loss of love, embodied by envy, the discovery of flaws, and gambling.

The fear of old age, embodied by slowing down and building a complex of inferiority around the age of 40, apologetically referring to oneself as being old,” and killing off the habits of initiative, creativity and self-reliance.

The fear of death, embodied by dying rather than living, lack of intent, and lack of adequate employment

Under one of these bullet points, all worries collapse. All fearful feelings will never result in major economic fainting acts. We can quickly, however, redirect our minds away from scary thoughts. Therefore by controlling your mind, you can control your destiny and thereby, overcome fear and acquire all your desired riches.

Fear was described by Napoleon as being a state of mind. We should chose not to be controlled by these fears, as we have power over our state of mind.

Our subconscious can influence our actions

Unwavering conviction is not something from which we are all born. Over time, however we will learn to cultivate this faith. As the most efficient way to improve one’s self-confidence, Napoleon defines auto-suggestion. To affect your own actions, auto-suggestion requires thinking specific and purposeful thoughts.

Auto-suggestion deals for constructive aspirations and emotions by fuelling the subconscious. These optimistic messages will improve your self-belief as your subconscious impacts on your reality. Subsequently, you can start accepting that you can accomplish your objectives. Auto-suggestion is the inverse to self-suggestion. It was described by Napoleon as the bridge between the conscious and the subconscious mind. Therefore, you will need to bind feelings to these terms as well as read crucial objectives out loud. You should foster the ability to consume you while reciting affirmations. Only when feelings are connected to thoughts can the subconscious mind instigate intervention.

As much as you can, Napoleon suggests using auto-suggestion. The more often you use auto-suggestion, the more likely you are to achieve success.

Napoleon also suggests the following steps toward becoming wealthy, in addition to the chapter on desire:

Find a quiet spot where it won’t bother you. Repeat the written statement generated from the chapter of desire aloud. Then make sure you imagine getting that money as well,

Repeat this action until you have a good picture of all the money you want to make both morning and night.

Keep these desires visualised until they are committed to your memory.

Knowledge Is Power

“An educated man is not, necessarily, one who has an abundance of general or specialized knowledge. An educated man is one who has so developed the faculties of his mind that he may acquire anything he wants, or its equivalent, without violating the rights of others.” – Napoleon Hill

Napoleon sees experience as one of the most valuable qualities to achieve your life goals. He does not mean information in the conventional context, however. He urges you to throw out your preconceived notions about how important education is. Being competent is not bound up with the degree you have. Henry Ford is a great example of a person who was loaded with useful knowledge but lacked conventional education.

It doesn’t take too many facts to be effective. Instead the development of the right experience and expertise is more important. It will enable you to significantly grow by integrating experience, expertise, and your personal strengths. We should always be willing to learn more while knowledge is more important. It is quick to believe that we know enough already. Still, those who are truly good are the individuals who as they mature, continue to develop their knowledge and experiences. By seeking new things or going to class, taking special classes, you can easily do this.

In addition, you should always strive to surround yourself with individuals who are both professional and have had a wide variety of experiences. In our professional and friendship groups, we don’t want to be the most eligible person. We want to surround ourselves, instead with individuals who can help us develop new skills and ideas.

Imagination will transform your dreams into reality

Each and every tale of success starts with an idea. Ideas spring from the imagination of people. Our imagination is therefore, like the imaginative factory of our minds. To turn dreams into concepts, we can use our imagination. These thoughts, then can be transformed into reality. It is where all plans are formulated and built within your imagination. The only restriction you face depends on how much of your imagination you create. There are two forms of creativity, according to Hill: synthetic and imaginative.

Creative imagination

What helps us to come up with fresh ideas is this kind of creativity. This form of creativity starts from nothing and creates something unique. Only when your conscious mind is activated by desire can this form of imagination be achieved. It’s a muscle that needs exercise.

Synthetic Imagination-In order to generate new concepts, this form of imagination incorporates old ideas. The developers at Sony, for instance, used the technology from the dictaphones of journalists to create the first portable music player: the Walkman. In this type of imagination, nothing is generated because it fits with the current mental content.

Complementing each other are these two kinds of creativity. For all fortunes, ideas are the starting point, and they are the result of the imagination. Napoleon gives Asa Candler’s example. Asa was the inventor of Coca-Cola, which about 140 years ago was gradually developed from a headache drug. Candler took the recipe from a pharmacist and turned the product into a big success through marketing. Indeed a genuinely wise salesperson would realise that where tangible merchandise can not, concepts can be exchanged. Almost all significant fortunes begin when a person with a great idea encounters a person selling ideas. Ideas are irresistible forces when combined with desire. They are mightier than the minds that have produced them. Therefore you have to listen, nurture, and grow a willingness to see them through.

Understanding your strengths and weaknesses

Knowing your strengths and vulnerabilities is all about self-awareness. We can question them and avoid them from influencing our objectives if we are aware of our weaknesses. Vague objectives, lacking motivation, procrastinating, and lacking determination are some of the most common weaknesses. Once we know which weaknesses we have by our strengths, we can strengthen our abilities or account for these weaknesses.

To fully understand what your strengths and weaknesses are a detailed and frank self-analysis is required. You should set up a checklist of questions to do this. The questions suggested by Napoleon are:

Have I met my target for this year?
Was I polite, courteous and cooperative at all times?
Did I make every decision quickly and firmly?

You can then equate your subjective self-analysis with somebody’s objective assessment of you after answering these questions. Therefore, sit down with someone who understands you well and ask them to respectfully explore your strengths and weaknesses.

Strengthen your good thoughts

By supplying us with power and endurance, our subconscious will influence us positively. It can also, however, negatively shape us by making us cynical. Therefore to recognise our goals and priorities, we must train our subconscious. With positive and constructive feedback, we can do this by feeding our subconscious. Hence, regardless of our present circumstances, we should still adopt an optimistic attitude. By surrounding ourselves with hopeful and encouraging people, we will strengthen this.

Competent People Are Resilient

It is also due to a lack of ambition, if you consider those that struggle. Comparatively, those who are successful are also highly resilient people. Individuals who can make split-second decisions are multimillionaires. Nevertheless, they are also able to endorse these decisions until they are successful. With a pinch of salt, they are not afraid of losing money and taking losses.

Good people, despite the challenges that arise, stick to their original plans. They give their dreams, ultimately, space to blossom into reality. Napoleon does not however, advocate avoiding accurate corrections that have to be made. For instance, you can make this change if an easy price correction is going to have a huge effect. You can make the right adjustments at the right time as long as you have your ultimate objective in mind.

Napoleon provides basic rules that you should abide by to build habits of persistence and stamina in your life:

Produce a particular target that you are profoundly excited about.

Build a highly comprehensive strategy that will help you achieve smaller targets that can help you achieve your particular target.

Do not let your emotions or actions have an effect on negative perceptions.

Establish a strong friendship with a person or community who will help you through a tough time and share your success with you.

For persistence, strength of will is integral. Once you can balance ambition and willpower, then you are likely to accomplish your objectives. How effectively you can persist depends entirely on how much motivation you have to achieve your objective. Napoleon also states that it could be important for your Mastermind community to help you to persevere during tough times.

In order to foster persistence, Napoleon Hill also given an eight-stage approach:

As your ultimate goal, you need to know exactly what you want. This is called a clearness of intent by Napoleon.

Having a sincere passion for your target means that you are fascinated with a monetary fortune being amassed.

You have to trust that your strategy will be pursued and each of your objectives can be accomplished. This is called the self-reliance by Napoleon.

Your plans should be coordinated and detailed, so that when things get tough, they are unambiguous. This is what Napoleon calls the concept of plans.

It is always important to base your plans and the related objectives on facts. This is called Napoleon’s precise information.

When things get difficult, you and those around you, like your mastermind, should inspire you to continue. Working with these people to achieve your objectives is defined by Napoleon Hill as cooperation.

On seeing your plans through to completion, you should always focus your attention. This is what Napoleon calls your willpower.

Persistence is dependent on a good habit being formed. Your everyday acts will become a custom and then become who you are. Thus by making bravery a habit, you can overcome fear quickly.

As a guiding power, The Mastermind

Money accumulation needs you to have control. It is not possible to bring the plans into motion without authority.

Napoleon Hill outlines three ways that power can be accumulated:

Infinite Smartness
Experience acquired
Experiment and research

Your party of masterminds is made up of members who know that you do not. Reasonable information can not be gained alone. By organising it into definite plans, this information can be translated into force. Napoleon explains that through cooperative alliances, every great fortune in history has been created, as a set of minds produces results greater than the sum of the parts.

The Sex Transmutation Mystery

Transmutation refers to the transformation of one energy product into another. Napoleon claims that our most primal and intense drive is sex. It is the most strong force. Sex is such a strong wish that people always place their livelihoods and prestige on the line to participate in it. When you channel this energy into other pursuits, however, sex can be incredibly useful. This will require great willpower, but it will have a positive effect.

Napoleon Hill isn’t suggesting that our sexual drives should be repressed. Instead, when it’s needed, he supports giving this sexual energy an alternative outlet. Using this energy, for instance, to complement your creative abilities.

With Smart People, Surround Yourself

You will need smart people who can help you in order to become effective on a large scale. This partnership was identified by Napoleon as a brain trust. A brain trust is a union of intelligent people with similar minds. The brain trust should have a shared purpose, be prepared to improve their abilities, and have a system of controls to hold each other accountable.

You will need to develop a synergistic effect for brain trust to function. This impact happens when the talents of two individuals interact to achieve a common purpose. The outcomes are higher than the sum of the portions of the brain trust.

At least twice a week, Napoleon suggests meeting these citizens. Plus, with each member in the party, you must preserve harmony. Equally persistent must be the people within your party, and they must be pleased to be led by you.

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