Lessons I learned from Napoleon Hill’s Think & Grow rich!

Hundred years ago, a journalist named Napoleon Hill studied more than forty millionaires to identify the reasons behind their success. He deciphered their experience into 13 steps in his book, Think & Grow Rich. I happened to read this book and wanted to share a few excerpts from the book that were life-changing learning for me. Here they go:

• Desire

All of the super successful & wealthy people started with some amount of dreaming, wishing, hoping, planning & desiring before they became rich. They imagined their success or riches before it became their reality.

•  Faith

Growth, in terms of riches starts with your mindset with a belief and faith that you can accumulate wealth.

• Auto-suggestions

Turning your desires for money or success into reality requires sending messages to your subconscious mind that support your goals. You should be obsessed with your purpose.

• Specialized knowledge

Knowledge has a potential to make you powerful and lead you to great wealth when it is organized and applied to life. It should be continually sought after

•  Imagination

Come up with ideas and visualize your success. If you can imagine it, you can create it.

• Organized planning

Once you’ve visualised your success, you’ll need to take actions and go after what you want with enthusiasm & persistence.

• Decision

One thing Hill found out to be common in all the people who acquired great wealth was “decisiveness”. Those who settle on decisions quickly and know what they want they tend to get what they want.

•  Persistence

The willpower required to turn their desire for money into actual money is possessed by very few people. Persistence plays a crucial role in this as riches do not respond to just wishes they need to be acquired through planning and persistence.

• Power of master mind

Wealthy people are known to create “Master Mind” i.e. surrounding yourself with talented friends and colleagues who share your vision. It is more exponentially powerful when you align yourself with several smart & creative minds.

• The mystery of sex transmutation

Sexual energy is an incredibly powerful human energy when it is harnessed and redirected correctly, it can fuel creativity, passion, enthusiasm & persistence. All of these are crucial in accumulating wealth.

• The subconscious mind

The subconscious mind is never idle and hence you need to plant your desires & plans in your mind. Positive & negative emotions cannot occupy mind at the same time. It is critical that the positive emotions dominate negative ones.

• The Brain

Our brain is capable of picking up vibrations of thoughts which are being released by other brains. It is also capable of absorbing these vibrations. Rather than just surrounding yourself with smarter people it is also crucial to find a group of people who’ll help you solve problems and brainstorm ideas.

• The Sixth Sense

This comes into play only when you’ve mastered the 12 steps mentioned above which is learning to trust your gut. Hill admits it is generally not achieved until age 40. You’ll have achieved a level of wisdom that will allow you to start making smart financial & life decisions.

Above mentioned were few key elements that I learned from this book. Let me know in the comment section below if you’ve read this book and what were your key learnings. I’d love to know!

About Devansh Lakhani

Director of Lakhani Financial Services, and a Chartered Accountant, he helps start-ups raise funds from his network of investors. He guides and advises start-ups to scale up by providing efficient sales, marketing, team building, and business management strategies. He has executed fundraising by block deals on the stock exchange and conducted IPOs and right issues on the SME platform to the tune of over Rs. 50 Crore. He is currently working with start-ups from various sectors to help them channelize their business models and investments.