In “Think and Grow Rich”, Napolean Hill shares timeless principles of success consciousness, which were the outcome of more than 20 years of research of 500 of the most successful people in business. In this summary, we’ll give a synopsis of the 13 principles and 6 steps to you can use to think and grow rich, and build success consciousness. Do download a FREE copy of the full summary (pdf, infographic and audio) here.
The book was published in 1937, and many of these principles and ideas have since been expanded upon by famous authors and personal development icons worldwide. However, the core insights still remain highly relevant today, 80 years after the book was published.
Mastering Success Consciousness
Everything that man ever created first started from thought impulses. The right thoughts, when combined with purpose, persistence and desire, can translate into massive riches or other material successes. In short, you become and achieve what you think about all day long.
To attain riches, we must master our thought impulses and develop success consciousness. The book sets out 13 timeless principles that are interlinked and layered on top of one another. All 13 principles must be applied and mastered, in order for massive wealth to flow to us – building these habits takes time, so patience is key.
THE THIRTEEN (13) SUCCESS PRINCIPLES
This is the first and most important step towards riches. Your desire for riches cannot be a mere wish. It must be a “consuming obsession” that is backed by definiteness and persistence.
We are not ready to receive something until we believe that we can acquire it. Faith can be developed, and the way to do so is to repeatedly (and with belief) affirm and visualize the attainment of our desire. Emotions help to “magnetize” your thoughts, and we need to affirm or visualize with feeling, as if we were already in possession of what we are asking for.
This is where we put the sub-conscious mind to work for us,through repeated self-suggestions that involve the 5 senses. Follow the 6 steps in the previous segment. Apply these 4 points to the 6 steps outlined above. Do it with concentration, feeling and faith, until your mind accepts your suggestions as fact:
(i) Find a quiet place where you can close your eyes and repeat aloud your statement.
(ii) When reading, concentrate on visualizing the definite amount of money you desire, to the point you can see and feel it in your possession. See and feel yourself delivering the intended product or service.
(iii) Place the written statement where you can see it. Read it every night and morning until you have memorized it and can picture clearly the money and the plan you desire. When your subconscious mind accepts it as a fact, it will find ways to bring it to life.
(iv) The plans may appear as flashes of inspiration. Make sure you act on it immediately.
4. Specialized Knowledge
Knowledge is power only when applied towards a definite goal. You must offer value for the riches you desire, that that in turns require you to have specialized knowledge of the product, service or niche that you intend to serve. Identify and acquire the specialized knowledge you need, through courses, your mastermind group etc.
Imagination is needed to combine specialized knowledge with ideas, to give form to desire, and create the necessary action to bring riches. The imaginative faculty works like muscles – it grows stronger with use and weaker with inaction. To convert desire to money, we need synthetic imagination, i.e. arranging concepts, ideas or plans into new forms for action.
Do download our full text, audio and infographic summary for FREE to learn more about the remaining 8 principles: Organized Planning, Decision, Persistence, Master Mind, Sex Transmutation, Sub-conscious Mind, Brain and the 6th Sense.
The 6 Steps to Think and Grow Rich
The 13 success principles must be applied as a complete set of habits to each of these 6 steps:
All 13 principles in this book act as stimulus for you to reach and to influence your subconscious mind. Since it can only be directed through habit, the process will take time.
Outwitting the Ghost of Fear
To successfully Think and Grow Rich, we must prepare ourselves by eliminating the 3 negatives of indecision, doubt and fear, which are mutually reinforcing. Indecision forms doubt, and the two combine to become fear.
It is so critical to conquer our fears because everything we conceive or create start in the form of thought impulses, and all thoughts impulses– be it voluntary or involuntary, positive or negative – start to translate themselves into their physical equivalent.
Getting the Most from “Think and Grow Rich”
All 13 principles must be understood and applied in entirety – such habits take time to forge, but with repeated use, the 13 steps will eventually yield riches.
The book is filled with illustrations and examples of how the world’s greatest people accomplished the seemingly-impossible through the 13 principles. Hill reinforces his key messages and ideas in various ways throughout the book, and shows repeatedly how each step or principle is inter-woven with the rest. Re-reading the materials and examples after you have applied the concepts will likely bring a new depth of understanding.