Think and Grow Rich: Book Review and Summary

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Think and Grow Rich Book Review and Summary - Knowledge Dustbin
  • Book name – Think and Grow Rich
  • Author – Napoleon Hill
  • Born – 26 October 1883 (Pound, Virginia, U.S.)
  • Nationality – American
  • Death – 8 November 1970 (Greenville, South Carolina, U.S)
  • Profession – Self-Help Author, Journalist, Salesman, and Lecturer
  • Spouse – Florence Elizabeth Horner, Rosa Lee Beeland, Annie Lou Norman
  • Children – 3
  • Book published – 1937
  • Pages – 238
  • Buy the book from Amazon

Regrading author:

Napoleon Hill was a very successful American Author. He was the earliest producers of the modern genre of personal success literature. He was one of the great writers on success. He was born in Pound, to a very poor family. He was also known as the Mountain Reporter for rural newspapers. He had to drop out of college because of a lack of funds to support his education. He published different types of self-help books. His work considered the power of personal beliefs, and the role they play in personal success. He became the advisor to President Franklin D. Roosevelt from 1933-36. He died at the age of 87 while working on You Can Own Miracles which was published after death in 1971.

‘What the mind of man can conceive and believe, it can achieve”

Napoleon Hill

His popular book:

  1. The Law of Success (1928)
  2. The Magic Ladder to Success (1930)
  3. Think and Grow Rich (1937)
  4. Outwitting the Devil (1938)
  5. How to Sell Your Way through Life (1938)
  6. The Master-Key to Riches (1945)
  7. How to Raise Your Own Salary (1953)
  8. Success Through a Positive Mental Attitude (1959)
  9. Grow Rich!: With Peace of Mind (1967)
  10. Succeed and Grow Rich Through Persuasion (1970)
  11. You Can Work Your Own Miracles (1971)
  12. Napoleon Hill’s Golden Rules: The Lost Writings (1994)
  13. Napoleon Hill’s keys to success (1997)

Think and Grow Rich book review:

One of the best inspirational books you can ever hope to read. A motivational, personal development, and self-help book. It is the sixth bestselling book. It was first published by BusinessWeek magazine’s Bestseller list. Think and Grow Rich was 25 years in the making. Napoleon Hill’s work has been praised by great leaders in Finance, Education, Politics, and Government. This book contains the secret, after having been put to a practical test by thousands of people, in almost every walk of life.

All achievement, all earned riches, have their beginning in an idea!”

Andrew Carnegie

The thirteen principal in our life

The power of thought:

Every person is guilty of this mistake at one time or another. Before success comes in any man’s life, he is sure to meet with much temporary defeat and perhaps, some failure. Life is strange and often imponderable! Both the successes and the failures have their roots in simple experiences. One sound idea is all that one needs to achieve success. Many people can’t think in terms of riches, because their thought habits have been steeped in poverty, want, misery, failure, and defeat. One of these is the desire to know what one wants.

One sound idea is all that one needs to achieve success.

Why it is that we are the masters of our fate, the captains of our soul?
With the great emphasis that this power makes on an attempt to discriminate between destructive thoughts and constructive thoughts, it will urge us to translate into physical reality thoughts of poverty.

1. Desire:

Our brains become magnetized with the dominating thoughts. These magnets attract to us the forces, the people, the circumstances of life which harmonize with the nature of our dominating thoughts. A person succeeds because he chose a definite goal, placed all his energy, all his will power, all his effort everything back of that goal. Desire two Types .i.e. Persistence Desire and Power of Desire.

“Success requires no apologies, failure permits no alibis.”

Six method to become rich:

  1. Fix in your mind the exact money you desire. It is not sufficient merely to say “I want plenty of money.” Be definite as to the amount.
  2. Determine exactly what you intend to give in return for the money you desire.
  3. Establish a definite date when you intend to possess the money you desire.
  4. Create a definite plan for carrying out your desire and begin at once, whether you are ready or not to put this plan into action.
  5. Write out a clear, concise statement of the amount of the money you intend to acquire name of the limit acquisition, state what you intend to give in return for the money and describe clearly the plan through which you intend to accumulate it.
  6. Read your written statement aloud, twice daily, once just before retiring at night and once after arising in the morning. As you read see and feel and believe yourself already in possession of the money.

“Every failure brings with it the seed of an equivalent success.”

Think and Grow Rich – Desire-www.knowledgedustbin.com

There is no 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. Tolerance and an open mind are practical necessities of the dream of today. The world has become accustomed to new discoveries. Nay it has shown a willingness to reward the dreamer who gives the world a new idea. The turning point in the lives of those who succeed usually comes at the moment of some crisis, through which they are introduced to their other-selves. Open-mindedness is essential for belief. Our only limitations are those we set up in our own minds. Through some strange and powerful principle of mental chemistry that she has never divulged. Nature wraps up in the impulse of the strong desire that something which recognizes no such word as impossible and accepts no such reality as failure.

2. Faith:

Faith-www.knowledgedustbin.com
Think and Grow Rich – Faith-www.knowledgedustbin.com

Faith is the head of our mind. The three major positive emotions are love sex and faith. Love and faith are related to the spiritual side of the man. Sex is related only to the physical. The emotion or the feelings portion of thoughts are the factors that give thoughts vitality life and the action. Your belief or faith is the element that determines the action of your subconscious mind. Faith is the starting point of all accumulation of riches. It is the element that transforms the ordinary vibration of thought, created by the finite mind of man, into the spiritual equivalent. Thoughts that are mixed with any of the feelings of emotions, constitute a magnetic force that attracts, from the vibrations of the ether, other similar or related thoughts.

Develop self confidence:

  1. I know that I have the ability to achieve the object of my definite purpose in life.
  2. I demand of myself persistent, continuous action towards its attachment.
  3. I know through the principle of auto suggestion and desire.
  4. I will devote ten minutes daily to demanding of myself the development of self confidence.
  5. I will sign my name to this formula, commit it to memory and repeat it loud once a day.

“There is no limitations to the mind except those we acknowledge.”

How to build a great company:

  1. An idea creat imagination
  2. Faith with idea
  3. Plan for the transformation of his idea into physical and financial reality.
  4. Plan to convert action
  5. Followed the plan with persistence and backed it with a firm decision until it had been Fully carried out.
  6. Preparation the way of success by a burning desire for success.

Opportunities present themselves to you everyday although you may not always see them. Recognise these opportunities and Take advantage of as many of them as possible rather than letting them pass you by. You can not afford to let individual opportunities slip through your fingers. Visualize the potential opportunities in each meeting try never to let one slip by.

3. Auto-suggestion:

It is also known as self-suggestion. It is the agency of control through which an individual may voluntarily feed his subconscious mind on thoughts of a creative nature or by neglect or by neglect permit thoughts of a destructive nature to find their way into this rich garden of the mind.

There is no such possibility as something for nothing. Ability to reach and influence your subconscious mind has its price and you must pay that price. You can not  develop the desired ability for a lower price. Where the failure is experienced, it is the individual, not the method, which is failed. If you try and fail make another effort, and still another , until you succeed. Create a definite plan for carrying your desire and begin at once to put this plan into action. Your reason is faulty.

“Both poverty and riches are the offspring of the thought.”

Moreover, your reasoning faculty may be lazy, and if you depend entirely upon it to serve you, it may disappiont you. When visualizng the money you intend to accumulate, see yourself rendering the service or delivering the merchandise you intend to give in return for this money. Man may become the master of himself, and of his environment, because he has the power to influence his own subconscious mind, and through it, gain the cooperation of infinite intelligence.

4. Specialized knowledge:

Knowledge is only potential power. It becomes power only when, and if it is organized definite plans of action and directed to a definite end. There are two kinds of knowledge i.e. General knowledge and Specialized knowledge. It’s no matter how great in quantity variety it may be, is of but little use in the accumulation of money. They specialize in teaching knowledge, but they do not specialize in the organization or the use of knowledge. 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. Specialized knowledge is among the most plentiful and the cheapest forms of service which may be had! To a large extent your major purpose in life, the goal toward which you are working, will help determine what knowledge you need.
1. One’s own experience and education.
2. Experience and education available through the cooperation of others.
3. Colleges and universities
4. Public Libraries
5. Special training courses

“Success and failure are largely the results of habit!”

Successful men, in all callings never stop acquiring specialized knowledge related to their major purpose business and profession. Specialized knowledge, plus imagination were the ingredients that went into this unique and successful business. The idea briefly described, the nucleus of the riches they desire! Ideas with much less merit have been the seedlings from which great fortunes have grown. There is a universal demand and an ever increasing opportunity for the personal capable of helping men and women to sell personal services advantageously. Specialized knowledge may be found just around the corner any corner.

5. Imagination:

Think and Grow Rich – Imagination-www.knowledgedustbin.com

The imagination faculty in two forms i.e. Synthetic imagination and Creative imagination. Man’s only limitation within reason lies in his development and use of his imagination. The combination of energy and matter has been created everything perceptible to man, from the largest star which floats in heaven down to and including man, himself. Thoughts are things and their scope of operation is the world, itself.

“The secret is not a secret.”

Who succeeds in life, that definiteness of purpose is the starting point from which one must begin. Riches, when they come in huge quantities are never the result of hard work. Every great fortune starts with the day when a creator of ideas and a seller of ideas get together and worked in harmony. The beginning was simple. It was an idea which anyone might have developed.

SuccessFailure
DeterminationDisappointment
Definite of purposeDiscouragement
Desire to attain the goalTemporary defeat
Persistent effortCriticism
Desirewaste of time

6. Organized planning:

That Desire is taken on the first lap of its journey from the abstract to the concrete, into the workshop of the imagination, where plans for its transition are created and organized. Keep in mind these facts

  1. You are engaged in an undertaking of major importance to you. To be sure of success, you must have plans which are faultless.
  2. You must have the advantage of the experience, education native ability, and imagination of other minds. This is in harmony with the methods followed by every person who has accumulated a great fortune.
Organised-www.knowledgedustbin.com
Think and Grow Rich – Organised-www.knowledgedustbin.com

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 mastermind alliance. The majority of men with failure, because of their lack of persistence in creating new plans to take the place of those who fail. This fact will be repeated many times because it is so easy to take the count at the first sign of defeat. No follower of this philosophy can reasonably expect to accumulate a fortune without experiencing temporary defeat.

“No follower of this philosophy can reasonably except to accumulate a fortune without experience temporary defeat.”

Desire transmuted into its monetary equivalent, through the principles laid down here, is the agency through which money is made. .There are two types of people in the world. Like – Leaders and Followers. The man who can follow a leader most efficiently is usually the man who develops into leadership most rapidly. Most great leaders began in the capacity of followers. The new brand of leadership but generally speaking the world will have to look for new timber for its leadership. There are two types of leaders. i.e. Leadership by consent and Leadership by force.

The major attributes of leadership:The major causes of failure in leadership:
Unwavering courage​Inability to organize detail
​Willingness to assume full responsibility​Unwillingness to render humble service
​Cooperation​The expectation of pay for what they know instead of what they do with that which they know.
​Self-control​Fear of competition from followers
A keen sense of justice​Lack of imagination
Definiteness of Decision​Selfishness
​Definiteness of plans​Intemperance
The habit of doing more than paid for​Disloyalty
A pleasing personality​The emphasis on the authority of leadership
​Sympathy and understanding​Emphasis of title

Some fertile new leadership required:

  1. ​Politics field
  2. ​Banking business underground
  3. ​Industry
  4. ​The religious leader
  5. ​Law, medicine, and education
  6. Journalism

“A quitter never wins – and – a winner never quits.”

Media through which services may be marketed:

  1. ​Education
  2. ​Experience
  3. ​Reference
  4. ​Photograph of being self
  5. ​The application
  6. ​Specific position
  7. ​Qualification
  8. ​Knowledge of your prospective employer’s business

Successful merchants employ men and women to understand the art and the psychology of advertising to present the merits of their merchandise. Successful salesmen groom themselves with care. They understand that first impressions are lasting. The golden rule and not the rule of the marketing of merchandise as well as personal services. The future relationship between employers and their employees will be more in the nature of a partnership consisting of the employer, the employee, and the public they serve.

One of the best principle in our life that is QQS. Quality, Quantity, and Spirit. One must adapt and follow the QQS formula which means that Quality plus, Quantity Plus, and proper spirit of cooperation, equals perfect salesmanship of service. Apply it as a habit.

30 major causes of failure how many of these are holding you back:

  1. ​Unfavorable hereditary background
  2. ​Lack of well-defined purpose in life
  3. ​Lack of ambition to aim above mediocrity
  4. ​Insufficient education
  5. ​Lack of self-discipline
  6. ​Ill health
  7. ​Unfavorable environmental influences during childhood
  8. ​Procrastination
  9. ​Lack of persistence
  10. ​Negative personality
  11. ​Lack of sexual urge
  12. ​Uncontrolled desire for something for nothing
  13. ​Lack of well-defined power of decision
  14. ​One or more six basic fears
  15. ​Wrong selection of a mate in marriage
  16. ​Over caution
  17. ​Wrong selection of associates
  18. ​Superstition and prejudice
  19. ​Lack of concentration of effort
  20. ​Wrong selection of a vocation
  21. ​The habit of indiscriminate spending
  22. ​Lack of Enthusiasm
  23. ​Intolerance
  24. ​Intemperance
  25. ​Inability to co-operate with others
  26. ​Possession of power that has not acquired through self-effort
  27. ​Intentional dishonesty
  28. ​Egotism and vanity
  29. ​Guessing instead of thinking
  30. ​Lack of capitals

The name of this mysterious benefactor of mankind is capital. Three basic necessities of our life. Like food, clothing, and Shelter.
Men who have imagination, faith, enthusiasm, decision, persistence! Capitalists are motivated by the desire to build, construct, achieve, render useful service, earn profits, and accumulate riches.

7. Persistence:

It is a state of mind, therefore it can be cultivated. The basis of persistence is the power of will. It is one of the major causes of failure. The starting point of all achievement is desire. Keep this constantly in mind. Poverty consciousness will voluntarily seize the mind which is not occupied with the money consciousness. Be persistent no matter how slowly you may, at first, have to move.
No matter how many times they are defeated, they finally arrive up toward the top of the ladder. The hidden Guide lets no one enjoy great achievement without passing the persistence test. The world people have come to Broadway, seeking fame, fortune, power, love, or whatever it is that human beings call success. The secret is always inseparably attached to one-word persistence.

“If you are really wish to know who you are capable of doing.”

Persistence is based upon definite causes:

Think and Grow Rich – Persistence-www.knowledgedustbin.com
  1. ​Definiteness of purpose
  2. ​Desire
  3. ​Self-reliance
  4. ​Definiteness of plans
  5. ​Accurate knowledge
  6. ​cooperation
  7. Will power
  8. ​Habit

Some will say – Security
Many will say – Money
A few will say – happiness
Others will say – Fame and power
Still, others will say – Social recognition, ease in living, ability to sing dance, or write.

How to develop persistence:

  • A definite purpose backed by the burning desire for its fulfillment.
  • A definite plan, expressed in continuous action.
  • A mind closed tightly against all negative and discouraging influences, including negative suggestions of relatives, friends, and acquaintances.
  • A friendly alliance with one or more persons, who will encourage one to follow through with both plan and purpose.

8. Decision:

People who fails to accumulate money, without exception, have the habit of reaching decisions, If at all, very slowly, and of changing these decisions quickly and often. Procrastination is the opposite of desicion. It is common enemy which practically every man must conquer. If you are influenced by the opinions of others, you will have no desire for own.You choose only those who will be in complete sympathy and harmony with your purpose. The value of decisions depend upon the courage required to render them.

“Tell the world what you intend to do, but first show it.”

world what you imter
Think and Grow Rich – Decision-www.knowledgedustbin.com

Your first decision is to keep a closed mouth, open ears, and eyes.
The power which gave this nation its freedom is the self-same power that must be used by every individual who becomes self-determining. Indecision is a habit that usually begins in youth.
Definiteness of decision always requires courage sometimes very great courage.

9. Power of the mastermind:

Power is essential for success in the accumulation of money. People are required for the accumulation of money! Power is necessary for the retention of money after it has been accumulated. Power is organized knowledge let us examine the sources of knowledge: infinite intelligence, the accumulated experience, ​experiment, and research.

“Power is required for the accumulation of money! Power is necessary for the retention of money after it has been accumulated!”

The two characteristics of the mastermind principle. These are economic in nature and psychic.
The mastermind principle holds to the secret of the power wielded by men who surround themselves with other men of brains. Read, think, and meditate as you read. Soon, the entire subject will unfold and you will see it in perspective. Poverty may and generally does, voluntarily take the places of riches. Poverty needs no plan. It needs no one to aid it because it is bold and ruthless. Riches are shy and timid. They have to be attracted.

10. The mystery of sex transmutation:

Think and Grow Rich – The mystery of sex transmutation-www.knowledgedustbin.com

The emotion of sex brings into being a state of mind. The emotion of sex has back of it the possibility of three constructive potentialities, i.e., the perpetuation of mankind, the maintenance of health, and the transformation of mediocrity into genius through transmutation.
The transmutation of sex energy calls for the exercise of willpower to be sure, but the reward is worth the effort. The desire for sexual expression is inborn and natural.

“Dreaming dreams that mortal never dared to dream before.”

Genius status:

The men of greatest achievement are men with highly developed sex natures; men who have learned the art of sex transmutation.
The emotion contains the secret of creative ability. Destroy the sex glands, whether in man or beast and you have removed the major source of action.

The ten mind stimuli:

  1. The desire for sex expression
  2. ​Love
  3. ​A burning desire for fame and power
  4. ​Music
  5. ​The friendship between either those of the same sex or those of the opposite sex.
  6. ​A mastermind alliance based upon the harmony of two or more people who ally themselves for spiritual or temporal advancement.
  7. ​Mutual suffering such as that experienced by people who are persecuted.
  8. ​Autosuggestion
  9. ​Fear
  10. Narcotics and alcohol

Definition of Genius:

A man who has discovered how to increase the vibrations of thought to the point where he can freely communicate with sources of knowledge not available through the ordinary rate of vibration of thought.

Great leaders whose achievements may be traced Directly to the influence of women who aroused the creative faculties of their minds, through the stimulation of sex desire. Sex energy is the creative energy of all genii. There never has been and never will be a great leader, builder, or artist lacking in this driving force of sex.

11. The subconscious mind:

Think and Grow Rich – The subconscious mind-www.knowledgedustbin.com

The subconscious acts first on the dominating desires which have been mixed with emotional feelings such as faith. The subconscious mind works day and night. The very fact that the subconscious mind of man and infinite intelligence is, of itself, a thought which almost paralyzes one’s reason. The subconscious mind will not remain idle! Moreover, you will control that door so completely that no undesirable thought may influence your subconscious mind.
Through the aid of the imagination, thought impulses may be assembled into plans. The imagination, when under control, may be used for the creation of plans that lead to success in one’s chosen occupation.

“If you are influenced by the opinions of others, you will have no desire of your own.”

Positive emotions:Negative emotions:
DesireFear
FaithJealousy
LoveHatred
SexGreed
EnthusiasmAnger
RomanceRevenge
HopeSuperstition

The seven most powerful and the ones most commonly used in creative effort. Positive and negative emotions can not occupy the mind at the same time one or the other must dominate. Faith is the only known agency which wil give your thoughts a spiritual nature. Prayer does, sometimes, result in the realisation of that for which one prays.

12. The brain:

Think and Grow Rich – The brain-www.knowledgedustbin.com

Every human brain is both a broadcasting and receiving station for the vibration of thought. 3 principles to bear in mind, and to apply when you wish to use your broadcasting station. like that the subconscious mind, creative imagination, and autosuggestion.
All known forms of radiant energy decline inversely as the square of the distance traversed. These powers assuming that they exist, don’t seem to be sensory. There is no known organ for them.

“The greatest force are intangible.”

The most reliable performer apparently cannot make a good score unless he tries to do his best. The depression was a blessing in disguise. It reduced the whole world to a new starting point that gives everyone a new opportunity.

13. The sixth sense:

The sixth sense is that portion of the subconscious mind which has been referred to as the creative imagination. It comes only by meditation through mind development. The sixth sense comes as near to being a miracle as anything. You are destined to witness the discovery of the secret of life. It is a subject that will be of great interest and benefit to the person whose aim is to accumulate vast wealth but it need not claim the attention of those whose desires are more modest.

“Your dream was more reality than you may imagine it to have been.”

It is not something that one can take off and put on at will. The starting point of all achievement is desire. The finishing point is that brand of knowledge which leads to understanding – understanding of self, understanding of others, understanding of the laws of nature, recognition, and understanding of happiness.

Think and Grow Rich book helps human beings to:

  • Success is not determined by having the best plan, success is defined by the ability to act, learn, adapt and then act again.
  • However, it will be incorrect to limit the bok to be just about achieving financial richness.
  • It is a treatise on helping individuals succeed in all lines of work and to do or be almost anything they want in this world.
  • A positive mental attitude is very important. Try to do smart work.
About Author
Mrutyunjay Dash
I am a business entrepreneur. I always research new things and create innovative ideas.

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