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Does think rich make you grow rich? Impressions from the book Think and Grow Rich



Kirjoittanut: Thais Santos Araujo - tiimistä SYNTRE.

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Think and Grow Rich
Napoleon Hill
Esseen arvioitu lukuaika on 4 minuuttia.

Shape our mind is enough to grow rich?

 In 1937 was published the book Think and Grow Rich by Napoleon Hill. Hill talks about people’s thoughts and beliefs in the book, presenting interviews of successful people back in the day. Henry Ford and Thomas Edison are some of the fortunate cases that Hill gets to interview in your book. Besides the interviews, Hill shares his development, experiences, and achievements. Even if the publishing date is from the first half of the 20th century, the best seller is still nowadays an often-seen motivational literature on the desk of multiple business leaders.

The book focuses on guiding the reader to a successful financial life journey through the power of the mind. The writer explains that using the power of the mind and having clear and specific goals is the formula to succeed. His theory is that someone shaping thoughts and beliefs would also be able to shape the reality the individual lives. In other words, the conditions and happenings around the person’s life would also suffer the changes as a domino effect.

 

Steps for a successful financial journey

The importance of desire: The author considers truthfully that the desire for success is the main starting point for the team to achieve everything planned. Sometimes in a team, only some participants are on the same paper. He encourages readers to seek and cultivate a deep and persistent desire for wealth, success, and happiness.

The role of faith: While faith can often be contradictory or old-fashion for some business matters, Hill argues that faith in oneself and one’s ability to achieve success is essential for overcoming obstacles and achieving one’s goals. Great results face great risks, and the faith would overcome the low times through unexpected obstacles.

The power of persistence: More than just faith, the book emphasizes the importance of persistence in the face of obstacles and setbacks. The author believes that those who are resilient in pursuing their goals will ultimately succeed. Persisting and not giving up would most likely take the individual to a successful path.

The value of specialized knowledge: Complementing the list with a more technical tip, Hill argues that success requires specialized knowledge and expertise in a particular field. The author encourages readers to seek new knowledge and skills continually.

The importance of action: Last but not least, the reading emphasizes the importance of taking action toward one’s goals. Hill argues that even the most well-developed plans and desires are meaningless without action. The saying talk is cheap comes as a strong argument when Hill tries to explain that the action is actually what matters. Basically, no effort is worth or pays off the successful journey without actions.

 

Identifying own strengths and weaknesses

To develop a plan for achieving specific goals, it’s necessary to identify the strengths and the weaknesses of the person. The author stresses the importance of taking action and not giving up when faced with setbacks. This persistence is part of the mind-shaping that Hill presents in the book. The success formula, then, is not in making the best decisions but in specifying them, specializing in them, non-stop wishing the success, keeping faith when things are not working well, and persisting on the goal. Resilience plays a big role in Hill’s framework.

Arguments

Hill builds a methodology or, more likely, a framework that tries to confirm that success is not just a matter of luck but rather the result of a person’s mindset and actions: the power of the mind, desire, faith, persistence, specialized knowledge, and action.

Beyond just financial success, the book also brings value to personal development. Hill emphasizes the importance of self-discipline, self-confidence, and the power of positive thinking. He encourages readers to identify their strengths and weaknesses and to develop a plan for achieving their goals.

The different thinking would bring positive results for a positive financial journey. One surrounding themselves with other positive minds that get things done would activate the importance of taking action and not giving up when faced with setbacks.

 

Counter-argument

One counter-argument about the book Think and Grow Rich is that it places too much emphasis on individual success and financial gain, potentially promoting a culture of selfishness and greed. The book may suggest that success is primarily measured by one’s ability to accumulate wealth, rather than focusing on other important aspects of life such as social responsibility and contributing to society. 

Furthermore, the book’s emphasis on the power of positive thinking and the ability to shape one’s reality may lead to a belief in the “law of attraction,” which can be seen as overly simplistic and may ignore other factors that contribute to success, such as privilege and systemic barriers. 

One thing that bothered me while reading the book is that the author places too much responsibility on individuals and ignores the role of external factors, such as luck and timing, in achieving success. It may be seen as promoting an unrealistic and overly optimistic view of the world, which can be harmful if individuals are unable to achieve their goals despite their efforts. The success of a firm is influenced significantly by external environmental factors. Key strategic dimensions in the external environment, such as social networks, government support, and legal considerations, play a crucial role in determining business success. (Philip, 2010)

 

Conclusion

In conclusion, Napoleon Hill’s book, Think and Grow Rich, proposes that the power of the mind, desire, faith, persistence, specialized knowledge, and action are the key factors to achieve financial success. Hill’s framework provides readers with a methodology that encourages personal development, self-discipline, and self-confidence. The book stresses the importance of identifying strengths and weaknesses, setting specific goals, and persisting through setbacks to achieve success. While the book was published in the early 20th century, its principles remain relevant and widely accepted in the business world. Hill’s framework highlights the significance of shaping one’s mindset to achieve success, which serves as a reminder that success is not just a matter of luck but a result of a person’s actions and beliefs. Ultimately, Hill’s philosophy can be applied not only to financial success but also to personal growth and development.

 

Hill, N. (2023) Think and grow rich. Jaipur, India: Hilltop Publications. 

Philip, M. (2010) FACTORS AFFECTING BUSINESS SUCCESS OF SMALL & MEDIUM ENTERPRISES (SMES). Available at: https://d1wqtxts1xzle7.cloudfront.net/31138788/2.1_FACTORS_AFFECTING_BUSINESS_SUCCESS_OF_2.3-libre.pdf?1392261664=&response-content-disposition=inline%3B+filename%3DFactors_affecting_business_success_of_sm.pdf&Expires=1680301076&Signature=KwRPfubci2qRYvkZBoSkqQk5d4tERF7OGdp7-oucblZiG6Y7-io3MEhBR~UqwWfed8ZX7K-Hc355YPo9yO1OOGzcGoHcJJ3r1jzSK33jscWMLVKKevOvhSsk8JZciU6ZZ-lQp-4Z8VjyKjoLvGCGYgg9vxmr3lijkEGUi48wcclpWHv8LCTYVbC-tdEN0hu34YZET9q2Gw6oFoaTKLwD6nmE6GtIIGRr89YQ05HvOxCWLMnpIEQGBxGWPRtV78C49L4WUFjWbGfJRwoRI32gIzrHQNvwNOVBogfEl8xw9VcH5uQ7ICZtlgbCzLOCA3S8-Jsw6d01LPa~1vmnjYQF0w__&Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA. 

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