Archive for December, 2016

Book Review
Book: Think and Grow Rich by Napoleon Hill

Guest Reviewer: Zach Richardson

My Thoughts: 9 of 10
“This is not a novel. It is a textbook on individual achievement that came directly from the experiences of hundreds of America’s most successful men.” –Miller Reese Hutchison, Associate of Thomas Edison

Think and Grow Rich is one of the influential texts in American economic history that inspired a generation of business owners and workers of all trades to pursue the American Dream vigorously and reap rewards in proportion to their contributions. It continues to do so to this day. Napoleon Hill–with the help of his good friend, Andrew Carnegie–interviews 500 of the most successful and influential people of the day in hopes of discovering what common threads wound their success. In his pursuit, he uncovers thirteen such commonalities, which he outlines in this book. Seven are summarized below.

Desire

  • “There is one quality which one must possess to win, and that is DEFINITENESS OF PURPOSE, the knowledge of what one wants, and a burning DESIRE to possess it.”
  • “Any person who wins in any undertaking must be willing to burn his ships and cut all sources of retreat.”
  • “He did not say to himself, ‘I will try to induce Edison to give me a job of some sort.’ He said, ‘I will see Edison, and put him on notice that I have come to go into business with him.’”
  • “He succeeded because he chose a definite goal, placed all his energy, all his will power, all his effort, everything back of that goal.”
  • “He stood by his desire until it became the dominating obsession of his life–and–finally, a fact.”

Faith

  • “What the mind can conceive and believe, the mind can achieve.”
  • “All thoughts which have been emotionalized, and mixed with faith, begin immediately to translate themselves into their physical equivalent.”
  • “There are no limitations to the mind except those we acknowledge. Both poverty and riches are the offspring of thought.”
  • “There are millions of people who BELIEVE themselves ‘doomed’ to poverty and failure, because of some strange force over which they have no control. They are creators of their own ‘misfortunes.’”

faith

Specialized Knowledge

  • “You will require SPECIALIZED KNOWLEDGE of the service, merchandise, or profession you intend to offer in return for fortune.”
  • “SPECIALIZED KNOWLEDGE is among the most plentiful, and cheapest forms of service which may be had. If you doubt this, consult the payroll of any university.”
  • “Knowledge will not attract money, unless it is organized, and intelligently directed.”
  • “Any man is educated who knows where to get knowledge when he needs it, and how to organize that knowledge into definite plans of action.”
  • “Success requires no explanations. Failure permits no alibis.”

Planning

  • “The most intelligent man living cannot succeed in accumulating money–nor in any other undertaking–without plans which are practical and workable.”
  • “To be sure of success, you must have plans which are faultless.”
  • “You may originate your own plans, either in whole or in part, but SEE THAT THOSE PLANS ARE CHECKED, AND APPROVED BY THE MEMBERS OF YOUR ‘MASTER MIND’ ALLIANCE.”
  • “The successful leader must plan his work, and work his plan.”
  • “When defeat comes, accept it as a signal that your plans are not sound, rebuild those plans, and set sail once more toward your coveted goal.”

Leadership

  • “There are two forms of Leadership… LEADERSHIP BY CONSENT… and LEADERSHIP BY FORCE…History is filled with evidences that Leadership by Force cannot endure.”
  • “Decide at the outset whether you intend to become a leader in your chosen calling, or remain a follower. The difference in compensation is vast.”
  • “Most great leaders began in the capacity of followers. They became great leaders because they were INTELLIGENT FOLLOWERS.”
  • “An intelligent follower has many advantages, among them the OPPORTUNITY TO ACQUIRE KNOWLEDGE FROM HIS LEADERSHIP.”
  • “The really great leader CLAIMS NONE OF THE HONORS.”

Persistence

  • “Without PERSISTENCE, you will be defeated, even before you start. With PERSISTENCE you will win.”
  • “OPPORTUNITY has spread its wares before. Step up to the front, select what you want, create your plan, put the plan into action and follow through with PERSISTENCE. ‘Capitalistic’ America will do the rest. You can depend upon this much–CAPITALISTIC AMERICA INSURES EVERY PERSON THE OPPORTUNITY TO RENDER USEFUL SERVICE, AND TO COLLECT RICHES IN PROPORTION TO THE VALUE OF THE SERVICE. The ‘System’ denies no one this right, but it does not, and cannot promise SOMETHING FOR NOTHING, because the system, itself, is irrevocably controlled by the LAW OF ECONOMICS which neither recognizes nor tolerates for long, GETTING WITHOUT GIVING.”
  • “There may be no heroic connotation to the word ‘persistence,’ but the quality is to the character of the man what carbon is to steel.”
  • “THERE IS NO SUBSTITUTE FOR PERSISTENCE! It cannot be supplanted by any other quality! Remember this, and it will hearten you, in the beginning, when the going may seem difficult and slow.”

never-give-up

The Master Mind

  • “You must have the advantage of the experience, education, native ability and imagination of other minds.”
  • “Perhaps you may need much more specialized knowledge than you have the ability of the inclination to acquire, and if this should be true, you may bridge your weakness through the aid of your ‘Master Mind’ group.”
  • “Economic advantages may be created by any person who surrounds himself with the advice, counsel, and personal cooperation of a group of men who are willing to lend him wholehearted aid.”
  • “No two minds ever come together without, thereby, creating a third, invisible, intangible force which may be likened to a third mind.”
  • “Connect with this fact, the additional knowledge that [Henry] Ford’s most rapid strides became noticeable, from the time he became a personal friend of Thomas A. Edison, and you will begin to understand what the influence of one mind upon another can accomplish.”

 

If you like this book, you may like…
The 7 Habits of Highly Effective People by Stephen Covey
How to Win Friends and Influence People by Dale Carnegie
The Lean Startup by Eric Ries

 

Other notable books by the author:
The Law of Success