Financial Affluence Podcast

← Financial Affluence Podcast28 sep · 24 min

Episode 037 – Think and Grow Rich (1937): Napoleon Hill's Thirteen Steps, Tested with a Critical Eye

Episode 037 – Think and Grow Rich (1937): Napoleon Hill's Thirteen Steps, Tested with a Critical Eye28 sep24 min

Napoleon Hill's 1937 bestseller claims to reveal a "secret" learned from Andrew Carnegie and a study of more than 500 successful people. In this episode we go through the book itself: the opening stories of Edwin Barnes and the man who stopped three feet from gold, the thirteen steps to riches – desire, faith, autosuggestion, specialised knowledge, imagination, organised planning, decision, persistence, the Master Mind and the rest – and the six ghosts of fear. We then separate what still works from what does not: the written goal with an amount and a deadline, persistence with course correction and the mastermind group on one side; magical thinking and the book's pseudo-science on the other. We also look at why Hill's own origin story is doubtful and why that matters.Key ideas:Definite purpose plus burning desire is the book's core idea – Hill's six steps turn it into a written, dated goal.Persistence is a state of mind that can be built, but it must include feedback and a willingness to change the plan.Specialised knowledge beats general knowledge – and you need to know where to find it, not everything yourself.The Master Mind: working in harmony with supportive, skilled people is one of the book's most lasting ideas.Modern correction: imagine the goal and the obstacles, then plan (Oettingen's WOOP), instead of only visualising success.Check any success story for independent evidence – including the author's own.Source note: this episode is based on an original study guide that summarises the book's thirteen steps and best-known stories in our own words, followed by a critical look at the author and his claims. It is not a substitute for reading the book.From the host:Discover Golden Eggs: A Different Way to View Your Finances by I. F. De Oliveira Jr:Find Golden Eggs on Amazon BooksListen to the audiobook on Audible/AmazonMore books by the author:I. F. De Oliveira Jr on Goodreads

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