Notes from Think and Grow Rich

Here are some direct quotes from Napoleon Hill's book, "Think and Grow Rich". You can find it here: Amazon

The Role of Desire

To create wealth from desire, follow this six-step plan:
1. Take mental snapshot of the amount of money you seek. Name a number.
2. Name your price. What are you willing to do for the money?
3. Create a deadline. Fix a date by which you will achieve your goals.
4. Start a task sheet with definite strategy. Start now.
5. Write a brief mission statement.
6. Make a declaration: Twice a day, read your mission statement aloud.

Organized Planning

1. Surround yourself with "master mind" allies. Cultivate a support team. Employ your talents and resources to help them and invite them to assist you.
2. Fine-tune your plan with regular support group meetings.
3. Establish harmony with each member of the group.

Overcoming Procrastination

Procrastination, a top cause of failure, is your enemy. Successful leaders make quick, meaningful decisions. Being decisive gives you "mastery of procrastination." Consider the advice and insight of your support group. Avoid anyone who undercuts your drive. Dodge the trap of public opinion by revealing your plans only to your small circle of advisers. When you indiscriminately broadcast your strategies, ideas and goals, you lessen your chances of success. Keep quiet; keep the faith.

The Subconscious Mind

Cultivate faith, desire, sex, love, energy, hope, and romance. Avoid jealousy, fear, greed, revenge, anger and hatred.

The Sixth Sense

Don't be hampered by the "six basic fears," fear of being poor, fear of reproach, fear of becoming sick, fear of being unloved, fear of getting old and fear of dying. Avoid fretting, dwelling on "destructive" thoughts or being swayed by negativity. The power of your thoughts gives you mastery and can give you money, as well.

Book Review: Rich Dad, Poor Dad

I first heard about this book some time ago, but never felt the desire to read it until recently. I was looking on amazon for a Christmas gift for my father-in-law. I came across this book and began to read the reviews. I liked what I read and made the purchase. I soon wanted to read the book myself even though he had not started it yet. Well, I can tell you after reading the book, I should have read it a long time ago.

This book is filled with great lessons about financial intelligence. They are presented in a fun and interesting way to teach you principles that will help you become rich. The key message in the book is that most people work to make money while the rich makes money work for them. This is accomplished by only buying money producing assets, not liabilities.

Overall, I highly recommend this book to all my readers. It will open your eyes and help you understand how money works. Because you need to understand how money works if you ever want to be rich. That is the secret. Enjoy!