Think and Grow Rich By Napoleon Hill

Penny ZenkerBook Club, Book ReviewsLeave a Comment

Happy loving family. Father and his daughter child girl playing

Focus: Personal Finance – Wealth Management, Think and Grow Rich

Consider This:

  • Don’t be seduced by short-term failure. Success often lurks in the shadows.
  • Create wealth in three steps: 1) visualize; 2) believe; and 3) walk into success.
  • Dreams, hopes, and strategies increase wealth.
  • You don’t have to be a victim of bad luck.
  • Don’t give up when early attempts at positive self-talk fail. Persist and push on.
  • Create vivid mental portraits of your success.
  • You don’t need higher education to earn higher degrees of knowledge and wealth.
  • Nothing beats a mix of passion and discipline.
  • Avoid negative friends, well-meaning relatives, and others who put a damper on your dreams.

What You Will Learn:

  1. How to use your imagination to produce real assets;
  2. Why you should tap into the power of daily affirmations;
  3. How to avoid the traps of failure; and
  4. How to create strategic plans that will make you successful.

The Secret Wealth Generator

Napoleon Hill author of this book “Think and Grow Rich” explains that his formula for financial success was given to him by Andrew Carnegie, the legendary corporate leader. When Hill “was but a boy,” Carnegie shared his secret wealth-generating formula with him and challenged him to create a book that would explain this secret approach. During Hill’s 20-year journey to fulfill that challenge, he studied the habits and philosophies of hundreds of corporate stars. This honor roll includes Theodore Roosevelt, John D. Rockefeller, F.W. Woolworth, and many other household names who built large fortunes based on Carnegie’s wisdom.

It begins with this simple idea: Your thoughts are real objects. With passion and purpose, your thoughts can evolve into wealth. Edwin C. Barnes demonstrates this principle. Barnes – an impoverished “nobody” – passionately wanted to launch a partnership with Thomas Edison, the great inventor. At their initial encounter, Edison said Barnes looked like an “ordinary tramp.” But behind the rundown appearance, Edison detected promise and determination which prompted him to offer Barnes a low-paying job. Barnes seized the opportunity. Naysayers had rejected the “Edison Dictating Machine,” but Barnes had faith. He used it as a vehicle to launch his successful partnership with Edison. Barnes created material success from abstract thoughts, based on faith, determination, and persistence.

The Role of Desire

If your goal is to become rich, don’t just wish for your dreams to come true. Desire is “the starting point of all achievement,” but to bring it to fruition, commit yourself to execute a plan to attain your objective. To create wealth from desire, follow this six-step plan:

  1. Take a mental snapshot of the amount of money you seek.
  2. Name your price. Be specific.
  3. Create a deadline. Fix a date by which you will achieve your goals.
  4. Start a task sheet with a definite strategy.
  5. Write a brief mission statement.
  6. Make a declaration: Twice a day, read your mission statement aloud.

It has to start with a dream and vision. Dreamers or Visionaries have overcome major obstacles. Beethoven composed music despite his deafness; Milton, the writer, was blind. Author Helen Keller was blind and deaf. But lit by the fire of desire, they worked on their goals and achieved epic greatness.


Faith is the “visualization of and belief in the attainment of desire.” Develop faith in your ability to succeed by telling yourself that you will overcome. With the right tools, you can fill your mind with success or failure. Recite your mission statement daily to prepare your mind for success. This process, called “autosuggestion,” lays the groundwork for mental success. It works because your mind will believe anything you tell yourself repeatedly. Dangerous thoughts also can take root in your mind. Doubt, fear, and negative emotions can impede your success and uproot the fruits of your labor.


Autosuggestion is a dose of self-talk delivered to your subconscious mind via your five senses, the roadways from your conscious mind to your unconsciousness. Feel the message. Jumping from printed words to passionate feelings is not easy. Close your eyes. Create a mental snapshot of the money you want to earn. View it daily. To visualize your goals, use the six steps above in tandem with this three-stage program:

  • Retreat to a quiet location from distractions. Create pictures of monetary success, possessions, and achievement. Visualize your date with success.
  • Take a daily double dose of faith. Don’t stop until you achieve your financial goal.
  • Look at your mission statement twice daily. Seeing is believing. Read your mission statement first thing in the morning and the last thing at night.

“Specialized Knowledge”

Knowledge is just numbers and facts. But through organization and planning, facts can become powerful. Harness that power to create wealth. Many wealthy people spent little time in traditional classrooms but had rich experiences. Through specialization, organization, and networking, he gained the power of a well-educated mind. Specialization is organized knowledge applied to a specific purpose. Gain this practical know-how from apprenticeships, night schools, and other targeted training programs.


Imagination, “the workshop of the mind,” operates on two playing fields. “Synthetic imagination” arranges existing ideas, concepts, and strategies into novel formats. “Creative imagination” bridges the definitive mind of man and the universe of “infinite intelligence,” the land of gut feelings and intuitions. The top performers in business, music, art and literature operate in the domain of creative imagination, fueled by desire and faith. Work it, develop it and create a written plan to convert your dreams into concrete wealth. Constantly review your plan. Repetition works.

“Organized Planning”

Happy loving family. Father and his daughter child girl playing

Strategic planning, “the crystallization of desire into action,” is an art and a science. To develop your success, you need the right team. Do not skip this stage. Take these steps:

  • Surround yourself with “mastermind” allies. Cultivate a support team.
  • Fine-tune your plan with regular support group meetings.
  • Establish harmony with each member of the group.

Don’t accept failure. If your initial plan fails, adopt a new strategy. Identify attractive opportunities. Study the field, the company, and the individuals involved. Inventory your talents and skills. Write a detailed strategy for achieving the right job. Target the appropriate channels and people. Make your resume concise, thoughtful, and relevant. Know your marketplace value. Nurture success by avoiding symptoms of failed leadership which include: failure to structure details; inability to perform small tasks; insecurity; absence of imagination; lack of discipline and trust; over-reliance on force and authority; selfishness; and insistence on titles and honor.

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 insights 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.


Remain committed to your goals and mission statement.  Avoid a “poor consciousness” in which negative feelings become self-fulfilling. End the cycle of poverty by creating and believing in “wealth consciousness.” Everyone falls into doubt and depression, but you can liberate yourself using perseverance, “the sustained effort necessary to induce faith.” Keep moving even if you must go slower.

“Power of the Master Mind”

The mind has many layers. When a group works together, the energy of their combined individual thoughts, ideas, and plans becomes a powerful “driving force.” Multiply your brainpower by tapping into the infinite wisdom of the group mind, a mastermind far greater than the mental powers of each individual.

Applied Sexual Energy

Sexual desire creates a unique force in business and creativity. Properly applied, it is a powerful stimulant for success, wealth, and creativity. Your passion enhances your sensitivity to the “infinite wisdom of the universe,” and the whispers of insight from your gut. History is filled with people who were pushed to greatness by lust or love. Through discipline, planning, and “will power,” sexual energy transcends the body, and generates success and creativity.

“The Subconscious Mind”

Your subconscious is a “connecting link” that operates outside of your controlled thoughts. Use autosuggestion and planning to employ your subconscious mind. Repeat affirmations. Stay in the moment. Shun negative thoughts. Cultivate faith, desire, sex, love, energy, hope, and romance. Avoid jealousy, fear, greed, revenge, anger, and hatred. Remember the power in prayer.

“The Brain”

Your brain is a unique “broadcasting and receiving station for thought,” like a radio station that transmits and receives signals. Learn to listen to the “intangible forces” in your life. These forces – gravity, electricity, thunder, and other elements – surround you. Use faith to stimulate your mind and reach your goals. Believe in the power of thought and belief.

“The Sixth Sense”

The sixth sense, “the door to the temple of wisdom,” is the direct connection between your subconscious mind and the infinite light of the universe. This link represents the home of your creative imagination, intuition, and premonitions. Use this force to bring you wealth, success, and creativity. Constantly repeat and review your goals. Let the universe deliver insight to your subconscious mind. 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. The power of your thoughts gives you mastery and can give you money.

Buy It:

Think and Grow Rich Book Cover

Some book reviews that I’ve done:

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.