Published in 1937, Napoleon Hill’s classic book, Think and Grow Rich still offers timeless wisdom for today. According to the Napoleon Hill Foundation, before writing the book, Hill met with Andrew Carnegie in 1908. Carnegie “induced Hill to organize the world’s first philosophy of personal achievement.”
This book contains a secret. One passed on from Carnegie. From the book’s section, A Word From The Author, Hill writes, “While I was performing the twenty-year task of research, which I had undertaken at Mr. Carnegies’ request, I analyzed hundreds of well-known men, many of whom admitted that they had accumulated their vast fortunes through the aid of the Carnegie secret.”
So, what is this secret? Can it help you become rich? As it turns out, Hill explains a few pages later, “Somewhere, as you read, the secret to which I refer will jump from the page and stand boldly before you. IF YOU ARE READY FOR IT! When it appears, you will recognize it.”
How does this apply to your personal retirement planning and investing? As you’re searching for your secret among the book’s approximately 300 pages, Hill offers 13 proven steps to riches. You can apply these steps to your personal retirement planning, investing, life, even to your relationships. Let’s look at a few of his steps.
Definiteness Of Purpose
Writing for Biz Journals, Clifford Jones said, “For me, the most powerful lesson in the book is ‘definiteness of purpose.’ In chapter six, Hill addresses imagination and teaches us that, ‘…definiteness of purpose is the starting point from which one must begin.’”
He goes on to explain how our definite plans lead to transformation, which must be made.
Jones sheds light on the need for purpose and a plan of action. “Clearly, success and happiness are connected to living and working ‘on purpose.’ That’s why Hill writes about purpose being the ‘starting point.’”
Another book review on Trading Education suggests, “Desire is the starting point of all achievement and you have to want something to get it.”
Do you want to increase your investment portfolio? Do you want to have more money when you retire? Hill says you have to desire it, have faith in yourself and believe in the goals you’ve set.
However, indecision, doubt and fear may hold you back. Hill writes if any one of those three are present, the other two are close behind. They are a dangerous blend!
The Six Ghosts Of Fear
Hill says there are six basic fears which he refers to as the Six Ghosts of Fear. “Fears are nothing more than states of mind. One’s state of mind is subject to control and direction,” states Hill.
Think about your fears. Does investing in the stock market scare you? Are you afraid you don’t know enough?
Check online or your favorite app store and you’ll find plenty of ways to invest your money. You don’t have to know anything about investing. They make it seem like a game! But does it work? Is your money safe?
See Related: How Someone Lost 1 Million Dollars On Robinhood
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