About the Book
Bit of a funny one this.
It took me a while to get into it. Once I did, however, it was thoroughly enjoyable.
With its focus on mindset and how to literally think yourself into money, it’s no wonder so many business people say this book is one of their favourites.
And there are so many useful takeaways!
Here are some of the standouts for me.
- “Apparently nothing happened to bring the coveted goal which Barnes had set up in his mind as his definite major purpose. But something important was happening in Barnes’ mind. He was constantly intensifying his desire to become the business associate of Edison… Psychologists have correctly said ‘when one is truly ready for a thing, it puts in its appearance.'” Chapter 1 – Introduction
- “Remember, no more effort is required to aim high in life, to demand abundance and prosperity, than is required to accept misery and poverty.” Chapter 2 – Desire: The starting point of all achievement
- “Thoughts which are mixed with any of the feelings of emotions constitute a ‘magnetic’ force which attracts, from the vibrations of the ether, other similar thoughts.” Chapter 3 – Faith Visualisation of, and belief in attainment of, desire
- “The main thing of importance was the decision to get the money within a specified time, and I want to tell you that the moment I reached a definite decision to get the money within a specified time, a strange feeling of assurance came over me, such as I had never before experienced.” Chapter 6 – Imagination: The workshop of the mind
- “The man who wavers in his decisions shows that he is not sure of himself. He cannot lead others successfully.” Chapter 7 – Organised Planning: The crystallisation of desire into action
- “He is contented to see the honours, when there are any, go to his followers, because he knows that most men will work harder for commendation and recognition than they will for money alone.” Chapter 7 – Organised Planning: The crystallisation of desire into action
- “Opinions are the cheapest commodities on earth. Everyone has a flock of opinions ready to be wished upon anyone who will accept them. If you are influenced by ‘opinions’ when you reach decisions, you will not succeed in any undertaking, much less in that of transmuting your own desire into money… If you are influenced by the opinions of others, you will have no desire of your own. Keep your own counsel… Take no one into your confidence, except the members of your own ‘Master Mind’ group, and be very sure in your selection of this group, that you choose only those who will be in complete sympathy and harmony with your purpose.” Chapter 8 – Decision: The mastery of procrastination
- “If you find yourself lacking in persistence, this weakness may be remedied by building a stronger fire under your desires.” Chapter 9 – Persistence: The sustained effort necessary to induce faith
- “She pounded the pavements for four years to the tune of the publisher’s ‘no’ because she was determined to win.” Chapter 9 – Persistence: The sustained effort necessary to induce faith
- “Like all states of mind, persistence is based upon definite causes, among them these:
- Definiteness of purpose. Knowing what one wants is the first and, perhaps, the most important step towards the development of persistence. A strong motive forces one to surmount many difficulties.
- Desire. It is comparatively easy to acquire and to maintain persistence in pursuing the object of intense desire.
- Self-reliance. Belief in one’s ability to carry out a plan encourages one to follow the plan through with persistence.
- Definiteness of plans. Organised plans, even though they may be weak and entirely impractical, encourage persistence.
- Accurate knowledge. Knowing that one’s plans are sound, based upon experience or observation, encourages persistence; ‘guessing’ instead of ‘knowing’ destroys persistence.
- Co-operation. Sympathy, understanding, and harmonious cooperation with others tend to develop persistence.
- Will-power. The habit of concentrating one’s thoughts upon the building of plans for the attainment of a definite purpose leads to persistence.
- Habit. Persistence is the direct result of habit… Fear, the worst of all enemies, can be effectively cured by forced repetition of courage.” Chapter 9 – Persistence: The sustained effort necessary to induce faith
- “One of America’s most able business men frankly admitted that his attractive secretary was responsible for most of the plans he created. He admitted that her presence lifted him to heights of creative imagination, such as he could experience under no other stimulus.” Chapter 11 – The Mystery of Sex: Transmutation
- “When the emotion of love begins to mix itself with the emotion of sex, the result is calmness of purpose, poise, accuracy of judgement, and balance.” Chapter 11 – The Mystery of Sex: Transmutation
- “Every night, over a long period of years, I held an imaginary Council meeting with this group whom I called my ‘Invisible Counselors’… Just before going to sleep at night, I would shut my eyes and see, in my imagination, this group of men seated with me around my Council Table. Here I had not only an opportunity to sit among those whom I considered to be great, but [I served] as the Chairman… I had a very definite purpose in indulging my imagination through these nightly meetings. My purpose was to rebuild my own character so it would represent a composite of the characters of my imaginary counselors.” Chapter 14 – The Sixth Sense: The Door to the Temple of Wisdom
- “Indecision crystallises into doubt, and the two blend and become fear.” Chapter 15 – How to Outwit the Six Ghosts of Fear
- “… fear paralyses the faculty of reason, destroys the faculty of imagination, kills of self-reliance, undermines enthusiasm, discourages initiative, leads to uncertainty of purpose, encourages procrastination… destroys ambition, beclouds the memory and invites failure in every conceivable form…” Chapter 15 – How to Outwit the Six Ghosts of Fear
- “Symptoms of the fear of criticism:
- Personality. Lacking in firmness of decision, personal charm, and ability to express opinions definitely. The habit of side-stepping issues instead of meeting them squarely. Agreeing with others without careful examination of their opinions.” Chapter 15 – How to Outwit the Six Ghosts of Fear
- “The most practical of all methods for controlling the mind is the habit of keeping it busy with a definite purpose, backed by a definite plan.” Chapter 15 – How to Outwit the Six Ghosts of Fear
- “In parting, I would remind you that ‘Life is a checkerboard, and the player opposite you is time. If you hesitate before moving, or neglect to move promptly, your men will be wiped off the board by time. You are playing against a partner who will not tolerate indecision!” Chapter 15 – How to Outwit the Six Ghosts of Fear
What Others Are Saying
As you can see from the takeaways above, I certainly feel like I got a lot from Think and Grow Rich.
There’s a lot of good stuff in here, especially regarding the mindset one needs to succeed in what they do.
I found the way Hill talks about opinions as commodities to be particularly enlightening.
It’s a slow burner but hang in there. It’s worth the wait.
This is my 100th blog post! I didn’t think I’d ever reach this point!
I’m so grateful to have read so many fantastic books over the years and for so many people to have read my reviews. I love each and every one of you!
Here are some of my favourite posts from the last 3 years:
- Pick Up Those Left Behind Pens…
- Will Pyramid Schemes Destroy You?
- Charlie Munger
- The Invention of the Economy
- Gary Vaynerchuk: Patience, Gratitude, Humility
- Ego is the Enemy by Ryan Holiday
- Man’s Search For Meaning by Viktor Frankl
- Influence by Robert Cialdini
- Models by Mark Manson
- The Subtle Art of Not Giving a F*ck by Mark Manson
- Roundup of My Favourite Quotes
- 9 Things I Wish I’d Known Before Starting Uni
- Money: Master the Game by Tony Robbins