The lowdown:Ā This Think and Grow Rich!:The Original Version, Restored and Revisedā¢
Think And Grow Rich
Napoleon Hill was an American businessman (with varied success) and self-help author.
Without a doubt, Hillās biggest success was Think And Grow Rich, which looks to instill readers with the mindset of success that Hill had observed in twenty-years of researching entrepreneurs who had amassed large fortunes.
Hill, teaches this mindset condensed into 13 principles that form a āPhilosophy of Achievementā.
The three key lessons from Think and Grow Rich!:The Original Version, Restored and Revisedā¢Think And Grow Rich, and Hillās 13 principles are:
- Find the right goals and take action on them
- Knowledge is power, but you donāt have to get it from school
- Successful people are more persistent than unsuccessful people
Lesson One: Find the right goals and take action on them
Setting the right goals is so important to your success. Donāt just write some half-arsed goal down because you have been told that you need to do it.
Instead, find a goal that you have a burning desire to achieve. That doesnāt have to be business-related. For example, maybe you want your business to provide for your family. Providing for your family is your goal, your business is the vessel that gets you there.
Once you have the right goals, set detailed plans on how you are going to get there.
Donāt worry, odds are your plan wonāt be perfect, but at least youāll have something.
It is always better to reassess your plan every week than consistently be winging it.
Lesson Two: Knowledge is power, but you donāt have to get it from school
The first thing you need to know when running a business is figuring out what you donāt know.
The sentence seems counter-intuitive, but knowing your strengths and limitations is vital to increasing your chances of success.
You are not expected to know everything. Youāre not expected to figure everything out either.
Finding help for what you donāt know is quicker than learning the skills and still not doing a great job. Find people more knowledgeable than you and ask for their advice.
Likewise, it is a terrible waste of time and resources to stuff your head with too many facts. Why spend a lifetime reading every textbook and doing every course when you can learn the basics and learn the rest through the right experiences.
That dedication to lifelong learning and learning through your experiences will set you up for sustained success.
Lesson Three: Successful people are more persistent than unsuccessful people
We all encounter obstacles in life. We encounter daily, sometimes hourly obstacles in business.
The main separator from those who succeed and those who donāt is the persistence to work through these challenges.
This persistence should start by setting the right goals. If you donāt really care about achieving your goals, then youāve set shitty goals and need to change them ASAP.
From there, try positive self-talk. You will get plenty of chances to pull the ejector lever and abort your business mission, so being able to talk your way through them is important.
The benefits of self-talk and a growth mindset
Not everyone is born with the persistence and desire to keep trucking when times get tough. However, persistence is a skill that can be developed through positive self-talk.
If you start telling yourself that you can achieve, or that you can push through, or that you can find a way through things, then when you face challenges, the positive mantras that you tell yourself will be the first thought that comes to your mind.
Since the book has been published, this growth mindset is taught in schools all over the world as a way to develop resilience and resourcefulness.
My personal takeaway
My Personal Takeaway
Think and Grow Rich!:The Original Version, Restored and Revisedā¢Think And Grow Rich is one of the ten best-selling self-help books of all time. At the very least, this tells us that you need to do more than read a book in order to be successful; If everyone who read this was rich, thereād be a hell of a lot more successful businesses.
What this book does do well though, is to give you the basics of creating a positive mindset that will help you take action.
Being in business can be an uphill battle most days. Having the mindset to power through and keep growing will be the difference if you make it or not.
However, you need more than just a great mindset and knowledge. You need to actually take action.
Put the book into action
Put it into action
When talking to someone today, observe them (not in a weird way) and see if you can take notes on their personality. Then, make the effort to adjust your behavior accordingly.
If the person has their eyes down and has closed their body off, you donāt want to come in overbearing.
You should consider buying this book ifā¦
This book is a required read for anybody who is starting out in business. While mindset is useless without action, the knowledge of these mindset tricks is important when starting out. This is because you will 100% face challenges and decisions where you can get disheartened and quit.
Or, read our other business book summaries.
Ā
a Swedish university student, marketing professional, and life-long learner. Here at BookSummaryClub I summarize my favorite non-fiction books into easily digested posts. Hope you like what youāre reading!
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