A great number of us wish for wealth and
financial independence but wishing alone
isn't going to help us achieve our goals
if we want to get rich and realize our
dreams we need to recognize
a burning desire within us in the book
think
and grow rich by napoleon hill the
author outlines how to go from your
current state to living in abundance
and in this video i will be sharing with
you the five best ideas from this book
and if you're new to the channel then
hit the subscribe button below for more
life-changing content idea number one
goals and planning are key to achieving
wealth
every success story begins with people
who know what they want to achieve
so before you begin chasing after any
old dream
you should start by defining your own
personal goal as precisely
as you can for example if you want to
get rich you should decide precisely how
much money you want to make
additionally you must have a clear
understanding of when you want to
achieve your goal
and what you're prepared to invest to
accomplish it because
setting a specific goal is pointless if
it's floating in some indeterminate
future where you'll only be able to
pursue it half-heartedly
it's also important to come up with a
plan that outlines every step you'll
need to take
until the realization of your goal for
instance if you want to develop a new
stream of income through rental
properties
it is not enough to simply state that
your goal is to earn property income
first your goal should include the exact
target you want to reach
such as earning six thousand dollars
this year in rent then with this goal in
hand you must have a detailed plan on
how to do
just that for instance you would want to
know how you will finance the purchase
of this property
how you will find a tenant and how you
will collect rent
in fact one goal-setting framework that
works particularly well in the
circumstance
is the smart goal framework where your
goals must be specific
measurable attainable realistic and
timely
this way you avoid the risk of having
your goals being too vague
and this vagueness is one of the reasons
why people don't achieve
what they ultimately want out of life on
top of this detailed planning the
following method comes in handy if you
want to make sure
that your desire for success is anchored
deeply enough in your own thoughts and
actions
first write down your goal and your
detailed plan for achieving it
then read it aloud twice every single
day
once in the morning after you get up and
once every night before going to bed
follow these recommendations and it'll
make it a lot easier for you to get rich
or make any other dream come true idea
number two
education expands beyond the classroom
knowledge can make it a lot easier to
achieve
your aims in life all you have to do is
take a few basic points into
consideration
first of all you need to take the
traditional meaning of knowledge and
education
and throw it out the window because
being knowledgeable or well educated
isn't limited to having a high school
diploma or university degree
uneducated people can also know a heck
of a lot as henry ford clearly
demonstrated
although he didn't make it to high
school it didn't stop him from
establishing an
industrial empire and making millions of
dollars
if you want to be successful you don't
need to stuff your head with too many
facts
it is far more important to acquire the
right experiences and knowledge
use your own strengths and fully exploit
your own potential
for example you wouldn't study how to
use a typewriter when computers are now
widely adopted as a preferred word
processing machine
to take this a step further you should
be seeking information that will be in
high demand in the future
for instance studying traditional
procedures in medicine may work now
however
given the fast growth in this field it
would be to your advantage to also be
aware of new trends that could help you
separate yourself from your peers in
your industry
however the most important basis is a
willingness to continue learning
throughout your life
getting complacent is your worst enemy
instead you must always be ready to
actively and pointedly expand your own
knowledge
there are many different ways to achieve
this by going to university
attending evening courses or acquiring
practical experiences
equally useful is the ability to know
where you can find the knowledge you
need because you don't need to know
everything yourself instead you need to
know who you can ask if you need
to know something it's usually more
practical and productive to be
surrounded by a network of experts
who share their specialized knowledge
than to learn it all yourself
idea number three your mind is a
powerful wealth generation tool
each and every success story begins with
an idea and behind
each and every idea is the imagination
it is
essentially the creative workshop of our
minds that transforms our dreams into
ideas and our ideas
into reality this imaginative ability
has two different forms
the creative imagination and the
synthetic imagination
by using our creative imagination we are
able to come up with completely
new things ingenious composers visual
artists and writers use this function to
create works unlike anything
made before the synthetic imagination by
contrast
rearranges old ideas into new
combinations the developers at sony for
example
were using that faculty when they
decided to further develop the playback
device or dictaphone
used by journalists turning it into a
portable music player everyone could use
and so the walkman was born creative and
synthetic imagination can play off one
another in a productive way
take the story of asa candler who formed
the global brand coca-cola out of a
headache medication about 140 years ago
although it wasn't candler himself who
came up with the coca-cola recipe
he bought it from a pharmacist for three
thousand dollars
he developed the ingenious plans and
marketing strategies that turn the
product into a huge success
if you want to keep your imagination
from getting sluggish you need to
challenge and encourage it
and you can achieve that by stimulating
it keeping it active and training it
like a muscle
the more frequently you use it the more
productive and powerful it will become
sadly most people fill their day with
distractions that limit their ability to
flex his imagination muscle
for instance they watch mindless tv and
spend hours on social media instead of
thinking about how they can create a new
invention
or modify their business to increase
their revenues this is why the rich
schedule and time within their day for
dedicated thinking this time
is used to cultivate new ideas through
which many great businesses were formed
idea number four determination plus
resilience
equals success the analysis of over 25
000 life stories of people who failed to
achieve professional success
shows that a lack of determination is
the main reason for their failure
the analysis of the success stories of
multi-millionaires revealed by contrast
that they all had two characteristics in
common they were used to making
split-second decisions
and once they made them they stood
firmly behind their decisions
a certain degree of stubbornness as long
as it does not transform into a deaf
obscenity
can even be advantageous henry ford
in particular was known to stick to his
decisions for a long time
for example many people advised him to
replace his famous but not terribly
beautiful model t
with a new model but he held onto the
car for a long time
and was thus able to continue bringing
in sizeable profits with it
honestly opinions are cheap everybody
has one and most people want to dispense
them
in order to avoid running into the
danger of negative influences
and straining your own steadfastness it
makes sense to offer
others as few opportunities as possible
to express their critical opinions
people who are disheartened in
particular should therefore keep their
plans and intentions to themselves
even with the strategy in place you must
have one other component present in
order to succeed
which is resilience the path to success
is not linear
and you will face obstacles along the
way
the difference between those who succeed
and those who don't
are the ones who can take a hit and keep
moving forward
and when this unwavering resilience is
paired with determination
you will have a strong chance of
becoming financially successful
idea number five leverage your strengths
and acknowledge your weaknesses
one important building block for
professional success is an awareness
of your own strengths and weaknesses in
other words being
self-aware since things like having
vague goals
lacking ambition procrastinating and
lacking resolve are common reasons for
failure
self-awareness can help to
constructively take action against these
weaknesses
or at least to balance them out with
your strengths in order to be able to
figure out
exactly what your strengths and
weaknesses are it is advisable to
perform a
thorough and honest self-analysis don't
worry
this doesn't require you going to a
psychologist it's more than enough if
you go through a checklist of questions
which should include have i achieved my
aim for this year
was i always friendly courteous and
cooperative
did i make all decisions promptly and
firmly
then you should compare your subjective
self-analysis with someone else's
objective evaluation of you
this works best when you sit down with a
person who knows you really well
to openly and honestly discuss your
strengths and weaknesses
once you know what your strengths are
then you should double down on them
for instance if you are a great
salesperson then that should be your
focus
in your business you will be the one who
will handle getting new clients
or moving product but the reality is
that there will be other functions that
need to be completed for instance you
will likely need someone to run the
numbers or ensuring that products are
sourced
while you should lean on your strengths
you must identify people
who can support your weaknesses so
if you're not a numbers person hire an
accountant
or financial expert to support you in
your business
which allows you to focus on areas in
which you excel
thanks for watching if you want to go
from the life you have
to the life you deserve then hit the
subscribe button now
