Think and Grow Rich | Book Summary
“The Original Version, Restored and Revised”
Praise for Think and Grow Rich
Study successful people, their autobiographies, their strategies….
and heed their advice.
Think of ways to optimize every situation in your life.
What we think about most of the time, is who we become.
Form or join a Master Mind group.
Set and monitor goals, especially in investment clubs.
Follow the Six-Step Formula faithfully AND watch what happens!
‘Life’s battles don’t always go to the stronger or faster man…’
“Whatever the mind can conceive & believe, it can achieve.”
Forward by Bob Proctor
You can have the book ‘Think and Grow Rich’ bound in black leather.
Bring it with you everywhere or store it in your library.
Focus on what I could do and ways of how I could do things.
Develop your strengths, potential, capabilities and manage your weaknesses.
Read a few lines of Think and Grow Rich everyday.
Read chapter on ‘Persistence’ every day for 30 days at least twice a year.
Other great books: ‘Atlas Shrugged’ and ‘Success Through a Positive Mental Attitude’.
Chapter 2 on Faith: Made Schwab a huge fortune in both $ and opportunity.
The secret can be used for your personal benefit, to make a fortune or to
create harmony in your home.
Success comes to those who become Success Conscious.
Barnes had a definite chief aim, to work WITH Edison, not for him. “I have come to go into business with Edison”. Edison could see it in Barnes’s face, he was DETERMINED to get what he had come after. So I gave him the opportunity because I knew he would stay until he succeeded.
Edison was constantly intensifying his desire to become the business associate of Edison. Determined to remain ready until he got what he wanted.
Adopt a definite purpose & commit to it and persist until it becomes an all-consuming obsession, will mow down obstacles and bring you opportunity you desire. Opportunity may slip in the back door, often disguised as temporary defeat.
Barnes started selling the ediphone so successfully that Edison contracted him to market & distribute nationwide. Their business alliance was successful for 3 decades.
Three Feet From Gold
‘More gold has been mined from the mind of man than from the earth.’ Darby should have called a mining engineer (seek expert council) who was familiar with fault lines. They were only 3 feet away from where they QUIT drilling and missed out on Millions of dollars.
Darby later started selling life insurance. “I will never stop because people say ‘no’ when I ask them to buy insurance.” (stickability)
Before success will come much temporary defeat. Failure may try to trip you when success is almost within reach. Think of failure as a steppingstone to opportunity.
“My mama’s gotta have that 50 cents!”
The uncle came at her with a barrel stave. She took 1 step forward, looked into his eyes and screamed as loud as she could. Burning desire, courage, love, compassion, and belief.
Darby…“I’ve gotta make this sale.” I’ve made most sales after people have said NO. Keep on keeping on, the tough keep going. (learn this before you can succeed at anything)
ONE idea, plan or purpose is all you need to achieve success.
Like a hockey stick… “When RICHES begin to come, they come SO QUICKLY, IN SUCH GREAT ABUNDANCE, ONE WONDERS WHERE THEY HAVE BEEN ALL THOSE LEAN YEARS.”
Riches begin with a state of mind. I’m gonna do IT, no mater WHAT! For many people it’s a mind shift that takes place. Maybe they FEEL they have something to prove, to make a place for themselves or were inspired by financial pain.
Master the principles in this book and watch everything you touch turn into an asset for your benefit. “It’s possible. How can I?”
Are your thought habits of poverty, want, misery, failure and defeat?
Henry Ford Secret… “Stay on the job until you succeed, no matter how much time it takes.”
We are masters of our faith. Think positive, constructive thoughts of riches, not of poverty. The universe will light up the path. Magnetized Our minds with an INTENSE DESIRE FOR RICHES, “money conscious” which attracts to us similar people, resources, and circumstances of life.
These 500 wealthiest people began in poverty, little education and had little influence.
Later in the book will examine our virtues and our faults, to see what propel us toward success.
Your burning desire to be, do and have is the STARTING point for the dreamer to blast off. Dreams are born of decisiveness, hustle and ambition. Be a good go-giver.
Chapter 1: Desire – Raging inferno of fire in your whole being.
Study Famous people or study your mentor, your father, whomever it is you admire. The person that is top of his achievement, that has excelled in life may have or may not have had a choice at which it was they were best at.
Yes, they may have been good at several things or 1, 2 or 3 things that they really loved. But they are only one person. So… they had to make a choice. To go all in in the ONE THING that they LOVED the most.
What is your one thing? Only you can decide for you on what THAT is, and isn’t it GREAT that you are the one who has the choice?
What if someone told you, THIS is what you HAVE to DO for the next 20 years… OUCH!
Hey, if you can’t have a little FUN along the way, what’s the point, right? If you’re an adult like me, then yes we have matured, and that’s a good thing, cause if we were always child, then we would want everything on a whim and want it now.
But who is to say that we have to totally lose our child within? Could it be advantageous to imagine, to wonder, to create, to discover?
Now in future chapter we will explore faith. Not faith, like a wish… Yeah maybe we gotta hope before we believe. It sometimes is a stepping stone process. But true belief, like do you really believe it? Can move mountains, literally.
If you truly DESIRE something, you love it, then why not do it? Believe you can…hey you might not know the HOW. Forget the how for now. Take the first step, yes be brave. You might trip or stumble along the way, buy hey, it’s all good.
Your given a life, you know better than anyone WHAT makes your heart sing. What is it that you LOVE the MOST? Choose, have FAITH in yourself and your ability to DO IT.
Thomas Edison had 10,000 failures before his DREAM of an electric lamp became reality. How many times will you row your boat merrily down your dream stream?
Many inventors, such as Marconi dreamed of and discovered how to send messages through the air, without wires.
SPEND 12-14 HOURS every day to acquaint with your “other self” and use your IMAGINATION practicing, playing, writing, whatever it is that you DESIRE to do.
Disappointment over LOVE AFFAIRS can drive many to drink and destruction. Why not TRANSMUTE their EMOTION into DREAM of constructive nature?
No one has ever been defeated, until they accept defeat as their reality. If Helen Keller can do it, you can.
Wherever you are reach for a better feeling thought… Hope, Faith, Courage and Tolerance. All inspired-good will come to you, when you are truly READY for it, requires BELIEF with an open-mind, not a mere hope or wish.
Easy to Aim-High, demand abundance and prosperity…
“I bargained with Life for a PENNY,
And Life would give me no more,
Life will give you what you ask,
But once you set the wages,
You must bear the task,
Any wage I ask of Life,
Life will willingly pay.”
Hill made a decision that his child would HEAR and SPEAK… How? There must be a way and he knew that he would find it. There is guidance within and by listening, we shall hear it.
“Our only limitations are THOSE we believe in our own minds.”
Hill would find a way to TRANSPLANT into his child’s MIND so completely with Hill’s own BURNING DESIRE…
DESIRE backed by FAITH, knows not the word ‘Impossible’. Think rather, that it’s ‘Possible’.
If your child enjoys bed-time stories, create stories that develop in him self-reliance, imagination and a keen desire to hear, talk and live normally. Tell story designed to plant in his mind that his disability/adversity would become an asset of great value/distinct advantage that he can capitalize on.
Hill communicated that desire to him in every conceivable way available persistently for years.
When Hill’s son was about 7 years old, he borrowed 6 cents from a local shoemaker. Invested it in papers, sold out, reinvested and kept repeating the process until late in the evening.
After balancing his account and paying back 6 cents to the banker, he had profit of 42 cents. Hill effort to plant in the child’s mind an attitude of faith in himself, had paid off.
Hill’s child was becoming a self-reliant little businessman by planning a way to earn money. He took the ‘bull by the horns’ on his own initiative, like a resourceful leader and had won.
Use challenges as stepping stones to climb toward some worthy goal or vision. Don’t use as excuses.
Blaire, Hill’s son was eventually able to hear through a hearing aide, but had yet to convert his disability into an equivalent asset.
Blaire then wrote an enthusiastic letter to the manufacturer of the hearing device, describing his experience. Next he had an idea to help millions of deaf people, to tell them the story of his changed life.
He made a DECISION to devote the rest of his life to rendering useful service to the hard of hearing.
For a whole month he researched manufacturer’s marketing system. He came up with ways to communicate to the hearing impaired his story of his ‘newly discovered’ changed world.
He put in writing a two-year plan and presented it to the manufacturer, who instantly hired him. Blair gave hope and relief to thousands of hearing impaired people.
Before taking on a commitment, analyze your time. Is it being entirely wasted?
What is your defined DESIRE? Our goals we name and seek… must be something definite.
The POWER of an All-Consuming Desire backed by Faith has turned rags to riches.
The genius within deserves an opportunity. Recognize it’s possible and that we MUST win.
Hill had a friend who was ill and the doctor said he probably wouldn’t make it. Hill’s friend told him, “Do not be disturbed Chief, I will be out of here in a few days.” Nothing but his desire to live, saved him. He REFUSED to ACCEPT the possibility of death.