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Think and Grow Rich was actually written in 1932. One of
the most influential book ever written.
Many of the best-selling books have given credits to this book for the influence.
Many of the best-selling books have given credits to this book for the influence.
The more I read, I realize that the base of most of life
changing book is this book.
So let’s get inside this treasure from the past:
GOAL SETTING AND DETAILED PLANNING ARE THE BASIS OF EVERY
ACHIEVEMENT:
So before you begin chasing after any old dream, you
should start by defining
your own personal goal as precisely as you can.
For example, if you want to get rich, you should decide
precisely how much money you want to make.
Additionally, you must have a clear understanding of when
you want to achieve your goal and what you are prepared to invest to accomplish
it.
Because setting a specific goal is pointless if it’s
floating in some indeterminate future where you will only pursue it half-heartedly.
It is also important to come up with a plan that outlines
every step you will need to take until you realize your goal. And once you have
a plan, get cracking! Don’t waste another minute.
The following method comes handy if you want to make sure
that your desire for success is anchored deeply enough in your own thoughts and
actions.
First, write down your goal and your detailed plan for achieving it.
Then, read it aloud twice every day: once in the morning after you get up
and once every night before going to bed.
Follow these recommendations and it will make it a lot
easier for you to get rich – or make any other dream come true.
SUCCESSFUL PEOPLE HAVE
AN UNWAVERING FAITH IN THEMSELVES:
Having an
unwavering faith in yourself is a way of making sure that you can – and will –
achieve your goals.
You can only
achieve success if it is based on self-confidence and unwavering faith in
yourself: no wealth has ever been acquired, no faraway continents ever
discovered, nothing ever invented without this faith as its basis.
One classic
example of the power of faith was Mahatma
Gandhi. Even without access to the typical instruments of power – like
money or the military – he managed to defy British colonial power and lead
his country to freedom.
The only
backing he had was his unbending belief that he could exercise an influence so
great upon his fellow countrymen that they would stand up for their common
goals.
Our own faith
in ourselves has an enormous influence on our self-image and way of life. It
can – in the truest sense of the word – help us move mountains.
BY USING
AUTO-SUGGESTION, OUR SUBCONSCIOUS CAN INFLUENCE OUR BEHAVIOUR:
Unwavering
faith in yourself is not necessarily something you are born with or that falls
from the sky: anybody can develop
it, bit by bit, through auto-suggestion.
Auto-suggestion
describes a way of influencing yourself by thinking very specific and
purposeful thoughts or ideas.
You can use
it to convey certain commands or positive goals to your own subconsciousness
and, by doing so, you increase your own belief in yourself.
In general,
auto-suggestion consists of persuading yourself that:
You can reach
your goals; your thoughts can be transformed into reality and; you
must go your own way with confidence.
The more you
use auto-suggestion, the likelier it is that it will help you achieve success.
If you impress your desires and goals in your subconsciousness, it will steer
all your thoughts and actions towards making them come true.
KNOWLEDGE IS POWER
– BUT IT DOESN’T HAVE TO BE WHAT YOU LEARNED IN SCHOOL:
Knowledge can
make it a lot easier to achieve your aims in life. All you have to do is take a
few basic points into consideration.
First of all,
you need to take the “traditional” meaning of knowledge and education – and Throw It Out The Window.
Because being
knowledgeable or well-educated is not limited to having a high school diploma
or university degree.
“Uneducated” people can also know a heck
of a lot, as Henry Ford clearly demonstrated. Although he did not make it to
high school, it did not stop him from establishing an industrial empire and
making millions.
If you want
to be successful, you do not need to stuff your head with too many facts – it
is far more important to acquire the right experiences and knowledge, use your
own strengths and fully exploit your own potential.
The most
important basis is a willingness to continue learning throughout your life. Getting complacent is your worst
enemy. Instead, you must always be ready to actively and pointedly expand your
own knowledge.
There are
many different ways to achieve this – by going to university, attending
evening courses or acquiring practical experiences.
Equally
useful is the ability to know where you can find the knowledge you need because you don’t
need to know everything yourself.
Instead, you
need to know who you can ask if you need to know something. It is usually more
practical and productive to be surrounded by a network of experts who share
their specialized knowledge than to learn it all yourself.
THE WORKSHOP OF THE
IMAGINATION – WHERE WE CAN TURN OUR DREAMS INTO REALITY.
Each and every success story begins with an idea. And behind each and every idea is the imagination.
It is,
essentially, the creative workshop of our minds that transforms our dreams into
ideas and our ideas into reality.
This
imaginative ability has two different forms: the creative imagination and synthetic imagination.
By using our creative imagination, we are able to
come up with completely new things. Ingenious composers, visual artists and
writers use this function to create works unlike anything made before.
The synthetic imagination, by contrast,
rearranges old ideas into new combinations.
The
developers at Sony, for example, were using that ability when they decided to
further, develop the playback device or Dictaphone used by journalists, turning
it into a portable music player everybody could use – and so the Walkman was born.
Creative and
synthetic imagination can play off one another in a productive way. Take the
story of Asa Candler, who formed the global brand Coca-Cola out of a headache
medication about 140 years ago.
Although it
wasn’t Candler himself who came up with the Coca-Cola recipe – he bought it
from a pharmacist for $3,000 – he developed the ingenious plans and marketing
strategies that turned the product into a huge success.
If you want
to keep your imagination from getting sluggish,
you need to challenge and encourage it. And you can achieve that by stimulating
it, keeping it active and training it like a muscle: the more frequently you
use it, the more productive and powerful it will become.
Knowing your own strengths and weaknesses increases your chances of professional success.
POSITIVE EMOTIONS ARE
THE KEY TO A SUCCESSFUL LIFE – AND NEED TO BE STRENGTHENED:
Our
subconscious receives and stores sensory stimuli, feelings and thoughts. It
saves everything we have ever experienced – regardless of whether it was
positive or negative.
But saving
information alone is not all there is to it: our subconscious is also
constantly exercising its influence on our actions.
It can shape
us positively, endowing us with strength and enterprise, but it can also shape
us negatively, misleading us into despondency and pessimism.
And so, if we
want our subconscious to help us realize our desires and goals, we have to make
sure that positive feelings play a leading role in our lives.
We must,
therefore, “FEED”
our subconscious positive things because, if we do, it will act as a helpful
and constructive guide.
But if we
allow ourselves to feel too many negative sensations, such as rage, hate, a
desire for revenge or pessimism, the very opposite will occur.
You should
make it a point to increase all positive impulses, such as enthusiasm and love.
That is the only way you will end up developing a positive mentality in the
long term.
Avoid
negative people and spend maximum time around positive people. Their thoughts, words
and energy will give you the right direction.
SUCCESSFUL PEOPLE ARE
REMARKABLE FOR THEIR DETERMINATION AND STEADFASTNESS:
The analysis
of over 25,000 life stories of people who failed to achieve professional success shows that
a lack of determination is the main reason for their failure.
The analysis
of the success
stories of multimillionaires revealed, by contrast, that they all
had two characteristics in common: they were used to making split-second
decisions and, once they made them, they stood firmly behind their decisions.
A certain
degree of stubbornness – as long as it does not transform into a deaf inflexibility
– can even be advantageous.
Henry Ford,
in particular, was known to stick to his decisions for a long time.
For example,
many people advised him to replace his famous – but not terribly beautiful
– Model T with a new model. But he held on to the car for a long time and was
thus able to continue bringing in sizeable profits with it.
Opinions are
cheap: everybody has one and most people want to dispense them.
In order to avoid running into the danger of negative influences and straining your own steadfastness, it makes sense to offer others as few opportunities as possible to express their critical opinions.
ONLY THE PERSISTENT WILL
SUCCEED:
Over the
course of any project – regardless of its nature – we are all bound to
encounter obstacles and difficulties.
In such
situations, most of us are too quick to give up our plans and let the project
die. But there are a few people who, despite all the obstacles, stick to their
original plans and give their dreams space to blossom into reality.
Persistence
and endurance is key. That means, above all, we should work constantly on the
realization of our goals and don’t lose sight of them.
However, inflexibility
and inveteracy should be avoided at all costs: if, say, there is a dire need
for a price correction, you also have to be willing to implement it.
If you want
persistence and endurance to take root in your habits, here are four simple yet
crucial rules:
You must have
a concrete goal and develop a burning desire to achieve it.
You need a
thorough and precise plan to support the implementation of your goals.
You may not
allow yourself to be influenced by negative and disheartening opinions.
You need an
intimate, trusting relationship to a person or a group that provides you with
support and assistance.
Think of
these rules as a special exercise program to help you build up your personal
endurance and persistence.
ACHIEVING GREAT THINGS
REQUIRES BEING SMART AND SURROUNDING YOURSELF WITH SMART PEOPLE:
The more
complex the planning, the more difficult the goal’s execution;
The more
difficult the execution, the more dependent the brains behind the project will
be on the creative, intellectual and moral support of others.
This mutual
backing works best in the form of a brain trust – a select group of
intelligent people.
A brain trust
is a union of like-minded people, which, contrary to a network – which is a
more casual cooperation between partners – focuses on defining a common
goal, developing competencies and having a system of checks and balances.
The most
important principle of a brain trust is its synergistic effect:
if two or
more people who work well with one another combine their skills, talents,
specialist knowledge, experiences, relationships and all other resources and
use them to accomplish the same shared goal, the results will be more than just
a sum of its parts:
It is the surplus with which you can achieve things you could have never achieved
alone.
Wealth – in whatever form – is seldom the result of luck or coincidence. Far from that, it is almost always the result of different traits and skills that anyone can learn and acquire.
I hope you loved reading this summary!
Please Note: I have omitted many key points and examples from the book, if you have liked the summary I am sure you will love the book.
Please go ahead and purchase the book and encourage the publishers.
Here is the link THINK AND GROW RICH NAPOLEON HILL (👈 LINK)
BOOKS RECOMMENDED BY INTELLIGENT INVESTOR:
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Hey Manish...a good read and insight about subconscious mind...taking constructive steps to keep our thoughts positive and precise will shape up our life the way we want it to happen. These thoughts in our subconscious mind does get reflected into actions hence the results making life worth living.
ReplyDeleteWOW Neha,
DeleteThanks for taking time and giving this wonderful feedback.
Your points are a insightful.. always looking forward to read more from you :)
Hi,
ReplyDeleteThis is my Favourite book, thank for summarizing it.
Hi,
DeleteGlad that you liked the summary and thank you for taking time :)
Even I believe most of self help books are an extension of this book. Thanks for making reading so easy
ReplyDeleteJames,
DeleteCheers to our common belief
Fabulous book...Fabulously summarized!!!
ReplyDeleteKeep writing, keep inspiring...
Thanks for encouraging
Delete