You have control over what you want to do with your life; why not learn how to do something remarkable? Think and Grow Rich offers a great starting point for people learning to create their dreams into desires and then put them into a plan. I will discuss how the author does this through my Think and Grow Rich summary.
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Recently I have accomplished reading Napoleon Hill’s Think and Grow Rich. An excellent book for building a mindset to achieve your dreams.
People may confuse this book with a personal finance book, but it’s more of a motivating and self-help book than one of personal finance.
Napoleon will teach you the thirteen necessary steps to achieve anything you want!
The cost? You need to follow each step precisely and consider your answers wisely.
What you will find in this Think and Grow Rich book summary is a brief discussion of the book’s lessons, allowing you to decide if you want to further pursue each lesson in greater detail.
As a note, this book will not teach you how to think and grow rich in a minute, but instead, over time.
I will discuss each of the chapters in the book to give you a general idea of what the lessons are, but as well what was covered.
Favourite this page and at your own pace, come back and read each chapter summary.
Think and Grow Rich Chapter 1 Summary: Thoughts are Things
“An intangible impulse of thought can be transmuted into material rewards.”
What a world that we live in today. Companies can record intangible property as an asset without ever physically holding it in their hands.
Don’t believe me?
There you have it.
Also, that gives me an excuse to include a screenshot of something calculation-related, although you won’t see much of that in this article.
This chapter discusses that thoughts are things, and especially how it takes determination and action to put an idea into reality. The information presented is not new and likely isn’t anything breathtaking that you haven’t heard before, but the execution of an idea must matter to turn dreams into reality.
Plus, beginning with any goal or dream, you must understand what you want from your life. Is it riches? A Lamborghini? To contribute to society? Know what you want and stand by it no matter what, as Hill explains.
Now, of course, if your dream changes, I think that’s fine because as you grow older and start to attempt new things and gain new perspectives, your desires may change. So, just stay constant at chasing whatever it is that you want, and if it changes, adjust your plan.
Because a majority of those will quit after their ideals change, or simply whenever they experience defeat or failure.
You know the feeling you get whenever you have experienced loss so bad that you consider giving up on what you were working on. I’ve felt it, and you’ve felt it. But what makes the difference to those who have accomplished what you want or have what you want is they continued despite the failure.
The truth is, all you need is one sound idea, expresses the book. After all, if you are looking to obtain riches, all you need is one useful concept, product, or service to generate millions or billions of dollars for you.
So ideally, start with your vision, become very consciously aware of that desire (if you wish to accumulate vast amounts of money, be money conscious, suggests the book), and determine the resources necessary to build a sound plan for execution.
As well, before you even consider entirely giving up, after numerous amounts of failures you have endured, think if there are any additional resources that you can gather that will make the plan finally successful. This is especially important because you may be 3 feet away from gold, but stop before you even realize it.
Think and Grow Rich Chapter 2 Summary: Desire
“Put your dreams across, and never mind what “they” say if you meet with temporary defeat, for “they,” perhaps, do not know that every failure brings with it the seed of an equivalent success.”
The chapter itself discussed how to achieve your dreams, which led me to create an infographic of the five steps to achieve your objectives, which you can see below.
It sums up the chapter pretty well.
In a little more detail, the chapter discussed what exactly is the starting point for all achievement. The starting point was based on dreaming. We do this all the time as we sleep, but some daydream a lot where we envision the things we desire.
It’s practically the same with wishing for something. But Napoleon ensures to us that wishing is never enough for us to achieve our dreams. It’s the desire that will allow us even to taste what our accomplishments will be.
Desire builds into our minds’ subconscious, which forces us to plan adequately to turn the varying thing we dream of into a reality.
When I think of desire, I always think of an athlete to be the best in their sport, especially for an athlete like Kobe Bryant.
For his success it came with fierce hunger, a burning desire, to work relentlessly to achieve what he wanted. And what he wanted began as a dream, to win championships and be the best player in history.
Desire is the essential step in accumulating riches or being labelled the GOAT because of the significant impact on the subconsciousness to relentlessly pursue the achievement.
There’s significant importance as well as narrowing your own goal to understand precisely what you want.
Let me use an example. There’s a big difference in saying “I want a ton of money,” vs. “I want to be a millionaire by 30.” One is narrower. The other is broad. By narrowing your goal, it becomes easier for you to develop a plan that will only succeed.
Sometimes being too broad in your goal may cause you to lose track of your dream and fail because you don’t have a sound plan to rely on.
Additionally, establish what you are willing to give up to achieve what you want. Is it everything you own? It’s a question that only you can answer and should be responded to quickly.
There’s a risk to pretty much everything, whether high or low, and as a result, there’s always a chance you lose something. So, take careful consideration of what that is. If you lose what you believe that you can afford, it allows you to walk away possibly without much consequence. Yet if you are destined to succeed, you can change the plan.
You will often find that times of change and desire come at the expense of a particular situation. Maybe you’ve heard a motivational speaker give a presentation or speech. Several speakers talk about how a challenging situation they endured in their earlier life resulted in them travelling down a different life path, leading to their success.
Not every situation is drastic. It may just take a simple idea or conversation to find a definite purpose or goal in life. Don’t sweat it if you have not seen that defining role or part of your life. It can happen in the simplest aspects of life.
Think and Grow Rich Chapter 3 Summary: Faith:
“Faith is the “eternal elixir” which gives life, power, and action to the impulse of thought!”
According to Think and Grow Rich, the second step towards riches is to have faith, or better explained, to believe you can.
Believing in yourself is another essential factor in achieving whatever you want.
Maybe we can agree and state that it can be challenging to develop this faith in yourself. Hill suggests that we should reaffirm our goals and desires to the subconscious area of our mind to build faith.
Does it sound too simple? Well, I suppose it could be for some, but it’s only to be effective when it’s repeated continuously, as Napoleon advises. Just as an athlete would spend hours repeatedly in a gym to add a specific move of their game, building faith takes continuous practice.
Think of it this way, our subconscious mind translates positive or negative thoughts into a physical equivalent. It has been said that those who suffer from bad luck are the creators of said luck. Is it true? I’m unsure of that answer. But I do know that holding a positive outlook or mindset can allow you to progress through life’s struggles more than a negative one might.
So, if it comes down to positive thinking over negative thinking, as the book has suggested, why don’t we feed our subconscious minds more positive thoughts on faith?
The above question is a great one to ask ourselves. If we are the actual controllers of our own destiny because we can control our minds, we should reaffirm our faith and build upon positive experiences and thoughts. It may allow us to truly accomplish everything we desire, especially if we are relentlessly attempting to do so.
Start small. Write down a positive sentence about yourself, for example, “I can accomplish my dreams.” Every day, you wake up and speak this written statement aloud before you go to bed. You’ll likely notice a difference over time.
Think and Grow Rich Chapter 4 Summary: Autosuggestion
“Your subconscious mind recognizes and acts only upon thoughts which have been well-mixed with emotion or feeling.”
This chapter built upon the previous one, citing the importance that your subconscious mind is an integral part of your body but influences your ability to build desire.
It even mentions autosuggestion, which you can consider as self-suggestion, where its use will reach and influence your subconscious mind.
Of course, it takes time to be effective, so in the meantime, while you self-suggest positive thinking, be consistent and disciplined. As mentioned previously, just start small, state a simple sentence throughout the day several times.
What does stick in our mind the most is thoughts that give us certain emotions or feelings, as the quote suggests. These thoughts add to the burning desire we can possess. Whenever these thoughts appear and get emotional, it hopefully turns into extra motivation to continue executing the plan, as we reaffirm to ourselves why we need to accomplish something.
Another thing mentioned in this chapter was to concentrate on what you want. With your eyes closed, precisely imagine what you desire until you feel as if you are holding it. Imagine holding large stacks of cash if you want riches, helping you to believe that if you can imagine it, you can do it.
Think and Grow Rich Chapter 5 Summary: Specialized Knowledge
“Knowledge is only potential power. It becomes power only when, and if, it is organized into definite plans of action and directed to a definite end.”
According to the book, an educated person has developed their mind to acquire anything they want without violating others’ rights. Maybe we can state “Knowledge is power” because of the various items, riches, or pleasures it can provide.
Have you heard that famous saying? I have, and it’s interesting that Think and Grow Rich adds its opinion to the famous saying. However, knowledge can indeed be deemed useless until you use it to your advantage and into a plan.
The book suggests that there are two types of knowledge:
- General – knowledge that serves as little use, which could be simple facts
- Specialized – knowledge of a particular area, topic, or industry
The truth is, we are seeing that specialized knowledge is becoming more needed than ever. More employers are looking for employees to fill roles with specific qualifications and a certain bachelor’s degree or other educational requirements.
In which, leads me to state that to obtain specialized knowledge could be by attending post-secondary education. It depends on what your life goals are. Still, if you are attempting to acquire riches, Napoleon recommends gathering specialized knowledge of the product or service you want to sell.
Of course, this does not limit you to obtain specialized knowledge elsewhere. It just requires you to explore different mediums to acquire it.
If you cannot acquire the knowledge needed to conduct your plan or do not have enough, you can use others to help execute this plan. Napoleon recommends crafting a “Master Mind” group, which means to have a group of specialized people (those with specialized knowledge) that will help you obtain your desires.
When achieving your desires, you’ll come to understand that it is tough to complete them alone. It’s imperative to have a supporting cast behind you in your life, regardless of what dreams you are trying to accomplish, and assist them in their goals.
Think and Grow Rich Chapter 6 Summary: Imagination
“It has been said that man can create anything which he can imagine.”
Imagination is entirely wonderful. It is essential to use your imagination to help change the world because ideas are the products of imagination.
Or maybe instead you rather accomplish your own goals, it’s really up to you and your imagination.
Hill talks about how impulse and desire are given their form and action through the aid of imagination. If you look above the infographic displayed in the chapter 2 summary, you’ll see the first step is to dream, which involves using your imagination.
So, while imagination is excellent to help ideas and be creative, not everyone has an expanded or vivid imagination. What can be done about this?
It starts with the development and use of imagination. Maybe for 5-10 minutes every day, attempt to daydream about anything or narrowing down your broad desires.
What serves as great importance, there are two types of imagination to focus on:
- Synthetic imagination – arranging old concepts, ideas, and plans into new combinations.
- Creative imagination – all basic or new ideas are handed over from the infinite intelligence to the man.
For example, if you dream of creating a Costco type of store that offers more free samples to humans at the very front of the store, synthetic imagination would be used. Creative imagination will be if you dream of creating a device that can translate a dog barking into the English language.
Don’t worry about how well you can use your imagination now. Instead, start to train to become more creative later. But don’t ignore developing and using your imagination. It takes one sound idea to possibly reach the pot of gold.
Think and Grow Rich Chapter 7 Summary: Organized Planning
“…remember when your plans fail, that temporary defeat is not permanent failure.”
It’s essential to build a plan that succeeds but know that it doesn’t always happen. You’ll often find the most successful people that you can imagine have failed multiple times.
What’s probably more important is that, if your plan continues to fail or has failed, keep trying another until you find one that works. That’s the only way you will succeed after constant failure and when you feel that nothing ever will work.
A quitter will never win while a winner never quits.
As the plan is being built, always remember your master mind group – gathering those who will help your plan succeed after constant failure.
Analyze those around you who specialize in something, and think about what value they can provide to you, as well as the value you provide to them, both professionally and even personally.
In these groups, you probably will need to assume the role of being the leader. After all, you’re the one who will have to create these groups and bring everyone together to persuade your vision of a better world! Or whatever else you dream of.
But being a leader is complex, and Hill often cites something to what Logic said on his track “Celebration” featured on No Pressure
“To be a leader, first, you gotta be a disciple.”
No, Napoleon didn’t cite these lyrics, and yes, I infused some music into a book summary.
It just goes to show the importance of building leadership skills or any other skill by learning from others, which can occur in your master mind group or elsewhere.
Even reading upon biographies of great leaders in nations, communities, and businesses can serve as a fantastic way to learn from the master and develop your own skills and strategies.
Another vital point Think and Grow Rich tries to get across to its readers is building a proper resume for a job. The author talks about when and how to apply for the desired position and create a phenomenal resume. It’s centered around not what you can get but instead what you can give. Employers don’t need to be reminded of what you want. Therefore, you can follow what Hill recommends in the book to help you get the job potentially.
There’s a great analogy used to demonstrate the point of being prepared, comparing it to a lawyer. It’s not about a lawyer who knows the most laws to win a case, but one who best prepares for that case. If you’re attempting to obtain your dream job, this analogy should serve of great importance.
Whether for an interview or just for understanding, you should self-analyze your strengths, weaknesses, and values. You can build your Master Mind group that specializes in your weaknesses.
A breakdown of the 31 major causes of failure is orchestrated, which can be reviewed in the book to understand if your weaknesses match any of these failures, giving you additional knowledge of what characteristics to improve.
Some significant causes of failure include lack of well-defined purpose in life, lack of ambition, insufficient education, and the habit of indiscriminate spending.
But if there are three characteristics you should focus on, quality, quantity, and proper spirit of cooperation (or just cooperation), these equal perfect salesmanship of service, according to Hill (labelled as QQS). Consider whether your value constitutes these qualities already or whether it is something to be developed.
The services you deliver are the most crucial factor influencing people to continue buying or seeking them from you.
Think and Grow Rich Chapter 8 Summary: Decision
“If you are influenced by the opinions of others, you will have no desire of your own.”
Have you ever procrastinated to accomplish something? Like study for a test? Yeah, it’s complicated.
But overcoming procrastination needs to happen if you ever want to live your dreams.
There’s no debate about it. It can be a constant struggle and will take continuous practice. But you’ll find you are more efficient whenever you procrastinate less.
Napoleon Hill discusses that people who fail to accumulate money often change their decisions or plans quickly and often. There is something to be said about sticking to your plan for a while. However, we are often impatient, and when something isn’t working, we tend to want to change it. Some plans or situations will call for constant changes. For something such as the accumulation of riches, understand that it does not necessarily occur overnight and needs time to accumulate. Change your plan only when required, after analysis of it.
If you feel the need to make the best decision possible to accumulate specific facts and information from others, don’t hesitate to do it. Specialized people are excellent sources of knowledge and often may have the answers you need to succeed.
While this chapter has discussed decisions and their importance to reach conclusions, because those who do know what they want and generally receive it, one of the first decisions you should make is to keep quiet. Keep your eyes and ears open, don’t speak too loudly.
Why? Because there are people out there who want to get ahead of you to your surprise.
It could be your closest friends or family. Those who master the “art” of deception do so efficiently, and you will never know they cannot be trusted. So, speak with your actions in what you accomplish, and never brag too early because we both know how that can turn out.
Think and Grow Rich Chapter 9 Summary: Persistence
“What they have is will-power, which they mix with persistence, and place back of their desires to insure the attainment of their objectives.”
The lack of persistence can be one’s downfall, and in fact, is one of the significant causes of failure.
Is there any argument with that? Not really. To be phenomenal at whatever you do, you need to stick with it, regardless of the rollercoaster of good and bad that comes with it. It can also be attributed to developing the mindset to Think and Grow Rich.
Even whenever you fail, because many people fail to achieve similar goals to yours, it is imperative to view that failure is necessary for success.
Hill has talked about this and encourages us to take this standpoint on failure. Use failure to learn and, more importantly, as motivation to continue.
Another factor that contributes to failure is criticism. Criticism vastly impacts your persistence, motivation, and success if only you live in fear of it. If the fear of criticism is greater than the desire for success, one may fail. Your persistence is rooted in your wants or desires and the want and needs to achieve them.
Most people will let their relatives, friends, or just the public influence their lives due to a fear of criticism. You often hear a significant impact of criticism from the public on artists, that their music needs to sound a certain way or maybe they are not conveying a particular message. As we all have come to know, one way or another is that you cannot make everyone happy. However, it’s essential to not forget your own goals rather than what everyone else expects of you.
Fortunes have and will gravitate to people whose minds have been prepared to attract them, as Napoleon mentions. By narrowing your focus on yourself and exerting great persistence, chances of success will increase.
Think and Grow Rich Chapter 10 Summary: Power of the Master Mind
“Power may be defined as ‘organized and intelligently directed knowledge.’”
This chapter discusses three different sources of knowledge:
- Infinite intelligence – a force that gives order to life in the universe
- Accumulated experience – this type of experience can be found in schools or libraries
- Experiment and research – this knowledge should be turned to when accumulated experience is not available to you.
Knowledge is only potential power, but it is certainly easy to obtain because of its availability. You can find all kinds of books about any topic and borrow them for free from a library.
But while you are trying to learn more, there’s a secret way that you can multiply your brainpower. Napoleon Hill says that if you are looking to multiply it, you should seek intelligent people in specific areas you might not have and add to your Master Mind group.
Many cells are needed to power a battery, so it’s no different than requiring several other specialized individuals for your plan to achieve your dreams.
As Rich Dad Poor Dad would say, it pays to know a little about a lot, but it’s also better to seek those who are knowledgeable of what you might not be.
Plus, it is essential to build definite plans if you are looking to attain power and put them into action.
Power is vital to provide you with the necessary resources you will need to accomplish your plan overall, but it does take time to build. Therefore, Hill recommends setting up a sound strategy to build this power over time, and as a reminder, only make changes when you need to, not constantly.
Think and Grow Rich Chapter 11 Summary: The Mystery of Sex Transmutation:
“A river may be damned, and its water controlled for a time, but eventually, it will force an outlet.”
I was not expecting a chapter on sex transmutation initially whenever reading this book, but it was full of some notable information.
Hill mentioned that the emotion of sex has the possibility of three potentialities:
- The perpetuation on mankind
- The maintenance of health
- The transformation of mediocrity into genius through transmutation
He was heavily trying to get across that sex energy could be transformed into another type of energy, precisely, into creative imagination. Sex transmutation contains the secret of creative ability.
Ideas, concepts, and essential information can become enrooted into the subconscious if it contains emotions or feelings, similar to what was mentioned before.
Whenever I read Think and Grow Rich, I did not know precisely how to do this. It’s essentially translating physical energy into another form of energy. You may want to do some research about this if you are looking to attempt transmutation.
According to the book, we all contain a sixth sense. As we know, the five original senses we have are touch, taste, smell, hearing, and sight. The sixth sense relates to our creative imagination.
Your creative imagination is only as good as you use it. As previously mentioned in another chapter, the most critical factor to develop your creative imagination is through use. There does not seem to be some secret recipe for becoming infinitely creative. It just takes time.
However, creative ideas and moments where you can help develop your creative imagination do appear.
They are called hunches, and hunches are ideas or concepts that flash into the mind. They stem from:
- Infinite intelligence
- Your subconscious
- Someone else’s subconscious
- Or the mind of someone through the expression of conscious thought
It is vital that if you cannot necessarily think of a creative idea that someone else might have that idea for you (and you can add those creative people into your Master Mind group).
Businesses aren’t all necessarily built on innovative never before seen ideas. Some are derived from competitors or old concepts (synthetic imagination). You can see this with various grocery stores in a city. Usually, there are a couple of places to choose where you purchase groceries, and they provide much of the same product or consumables. But they are different brands, have different values, and hold various promotions.
If looking for a spark of creativity, understand that the human mind responds to stimulation and could help spark that creativity.
Napoleon Hill suggests that someone achieves genius when they can stimulate their mind and draw upon these forces are available.
The same as sex transmutation, transforming one type of energy into another, or in this case, into creative imagination.
Do not necessarily look for ways to stimulate your mind constantly, and of course, the book describes various types of stimulation, such as alcohol, so do so very responsibly.
If you feel as if your capacity to create has expired, you may be using this as an excuse not to continue trying. Hill says the average man reaches their greatest creative capacity between the ages of forty or sixty.
Finding creative ideas takes a significant amount of persistence because not all creativity can be used within an instant second. Some people can instantly tap into their creativity, while others obviously cannot. It takes careful consideration to form a plan, just as it takes to create a song or invent a creative idea.
What matters in developing creativity and finding creative ideas is using positive emotions to dominate the mind rather than negative emotions. Negative thinking vastly impacts your mental health and your mood, among other things such as creativity. Powerful and positive emotions like love and romance often leave you in a good state but can go a long way to remaining optimistic and building your creativity.
Think and Grow Rich Chapter 12 Summary: The Subconscious Mind
“You cannot entirely control your subconscious mind, but you can voluntarily hand over to it any plan, desire, or purpose which you wish transformed into concrete form.”
Here in this chapter is an extensive discussion regarding the subconscious mind. Think and Grow Rich thus far has mentioned the subconscious mind and its importance in helping achieve dreams. As mentioned previously, the subconscious mind may only be voluntarily directed through habit. You cannot direct the subconscious fully on your own, instead, feed it what you want and let the rest unfold.
This makes it even more important to feed your brain with positivity and as well healthy foods. There needs no discussion made about this, and its importance is simple to understand.
We can create nothing which does not first conceive a thought or idea.
Whether these thoughts are so good to turn your life around or contribute to your downfall, you can help influence that.
What positive emotions can you be feeding your subconscious mind, and which ones should be avoided?
Napoleon Hill discussed the seven major positive emotions and seven major negative emotions for the readers to analyze and understand what emotions they possess and where they need to rid of such emotions when possible.
Seven major positive emotions:
Seven major negative emotions:
I imagine there are some you already know. Maybe you know most of them. That is understandable. To rid of these negative emotions and build upon the positive ones takes practice. You are not simply going to alleviate these emotions overnight because it doesn’t work that easily. Instead, it is a daily task that needs to concur.
Even when someone is rid of all negative emotions possible, it does not simply mean that they will never experience those emotions again. Like everyone experiences, there are good days and bad days, but how you respond to each day and emotion matters the most.
For many people, their lives are pretty much controlled by emotion, mentions Hill. There’s not necessarily a day that goes by where we don’t experience some feeling. Emotions can control our actions and what we decide to pursue, which can be harmful if negative emotions significantly influence actions.
Believe it or not, negative influences can affect your subconscious, especially those who constantly try to bring you down. You’ll hear their harsh words or see their actions continually can seep into the mind and affect it vastly.
There is a theory that only emotionalized thoughts can influence the subconscious mind, creating an extra incentive to feed it positive emotions over any other ones.
Think and Grow Rich Chapter 13 Summary: The Brain
“… Every human brain is capable of picking up vibrations of thought which are being released by other brains.”
This was a short chapter in the book, but it did talk about how the subconscious mind is the sending station of the brain. So each thought is sent out to the creative imagination because the creative imagination is the receiving set through which the energies of thought are picked up.
The hidden secret in think and grow rich has been commonly discussed throughout the book, with the answer being mentioned several times throughout the novel.
What is the answer to this secret, you say? Well, I could tell you, or instead, you could read the book.
All I will say is don’t take the treatment of your mind lightly. It is crucial to train, feed, and care for the mind if you want to accomplish anything in life.
Think and Grow Rich Chapter 14 Summary: The Sixth Sense
“… with the development of the sixth sense, a ‘guardian angel’ who will open to you at all times the door to the temple of wisdom.”
What is this sixth sense?
It’s been discussed previously, but if you forgot, the sixth sense we have is the creative imagination, where ideas, plans, and thoughts are flashed into the mind. We’ve all probably experienced the use of our sixth sense in one way or another.
While building a business, it’s essential to use your creative imagination, for example. If you have a company that is a copycat to a big grocer, are you going to rely on copying everything that grocer does? How will you guarantee anyone decides to walk in if you have the same prices? Offer the same food?
Using your imagination sets you away from the competition because it allows you to figure out how to differentiate yourself from your rivals. Whether people buy into creativity or not is another matter. Still, there may be no guarantee they visit your retailer and purchase anything if you exactly copy everything your competition does.
I think one of the best lessons that Hill conveys comes from this book is when Hill recommends we build a council in our minds. Imagine a panel of all your idols, from childhood to adolescence to adulthood. Every night in your mind, you have a council meeting, where you are the lead speaker and say what you want from each individual. As well, you can draw upon them to help solve your problems or complexities.
While it may seem silly initially, it can be an effective tactic only if you use it as described. You have the powers of several significant individuals at your hand, with a vast array of skills and characteristics you need to accomplish the uncertain situation presented.
That can be powerful.
Think and Grow Rich Chapter 15 Summary: The Six Ghosts of Fear
“Fears are nothing more than states of mind. One’s state of mind is subject to control and direction.”
Another important quote: “Indecision crystallizes into doubt, the two blend and become fear!”
There are three main enemies you will face in your life, not from the outside world. They are indecision, doubt, and fear. The above quotation describes how they are related to one another.
If you can overcome these three enemies, then clearly, you will be an unstoppable being and can accomplish anything you want because you will never be at war within yourself, just at war with accomplishment.
But even with these enemies, it is essential to look at the different fears there are. If you can overcome fear itself, you might overcome doubt and not worry over indecision.
The six basic fears are:
- Ill health
- Loss of love of someone
- Old age
It becomes vital to perform self-examination so you can understand what your weaknesses are to improve them. Even when you cannot self-examine yourself for whatever reason, you can have someone else cross-examine you to tell you those weaknesses.
But if we look at the fear of poverty and its symptoms, you’ll notice some include:
- Indecision: allowing others to do your thinking
- Worry: a tendency to spend more than you earn
- Procrastination: waiting until tomorrow to complete things
Of course, there are more and are described in the book.
As mentioned already, criticism can create significant fear for some and be dangerous because it destroys initiative because of how someone will react or something someone has said about an idea. Criticism can be substantial for growth, as it gives one an idea of how to improve and where to do so, but it is not always used correctly by some.
Symptoms of criticism may include:
- Lack of personality: lack of ability to express opinions
- Initiative: lack of confidence in one’s ideas
- Ambition: being too easily influenced
Many people fear ill health because of the terrible pictures planted in their minds and the financial implication that ill health can cause for it. It makes sense because of the images that are planted by the media or other mediums possibly.
Anyways, the symptoms of ill health can include:
- Exercise and hypochondria centered around the thought and concentration of disease or ill health on the mind.
The loss of love for someone will drive people to do some very intensive things, but it is a strong emotion that people will conquer.
Jealousy can grow out of a person’s fear of the loss of love for someone and, through the worry, the person they love will leave them for someone else because of lost love. We all know how strong of an emotion that jealousy is as well.
Symptoms of this fear include:
- Jealousy: being suspicious and questioning others without any evidence of wrongdoing
- Fault finding: finding faults in others without any cause
Those who fear old age could fear poverty that might be brought because of the age or because of ill health and a loss of independence. However, older people can retire with money because of investing, be in good health with regular exercise, and still doing whatever they desire.
Helpful article: How To Start Investing In Canada: Everything You Need To Know (2021)
The symptoms of fear of old age include:
- Belief of slipping: slowing down mentally
- Being apologetic because of their old age
- Killing off initiative and imagination
The fear of death could come down to religious reasons, where people ask themselves where they will go after death or what exists after death. It causes mass panic and restlessness.
However, the book offers an interesting perspective regarding death. If death provides a long and humble sleep, then what is to be feared? If you think of it this way and that life after death is peaceful, what is to worry about?
The main symptom of death relies on thinking about dying instead of making the most of life due to the lack of purpose.
The book covered much more concepts, plans for success, and overall details than I did, so if you enjoyed this, I’m sure you would enjoy the book.
This was an excellent overall refresher on how to accomplish things and become motivated. While some concepts are not necessarily new, the book offers some fresh perspectives that I have not learned elsewhere and will be effective in use.
Which version of Think and Grow Rich is the best?
I don’t necessarily know since I purchased a revised version from the 1960s versus the most revised edition. There are different versions of the book, so it ultimately depends on what you prefer.
Has Think and Grow Rich changed my life?
No, not really. But I would still recommend the novel for anyone looking to achieve their dreams and accumulate riches, especially if they have not read any self-help books about achieving goals or objectives.
Have you read this book? What chapter was your favourite? Leave your answer below in the comments.
I have done other book summaries, and you can check them here.
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