Just imagine yourself… dressed up sharp, standing before one of the biggest, most powerful
influential investors in the world, and you began to feel your heart rate climbing, the
environment around you feels like it’s slowing down, but you take a deep breath and try your
best to look calm and collected, dialed in, 100% focused on the man in front of you.
You begin to think to yourself, “This is it.
This is the moment I’ve been waiting for.”
You know that the presentation of your business idea that you’ve created has the potential
to bring value to yourself and many generations ahead.
And you’re standing there before one man, hoping he will be interested enough in partnering
with you.
Now...
Just before you do anything, a thought appears in your head.
Some call it doubt.
Some call it uncertainty.
It starts to question you…
“Do you really think you have an absolute belief that you can achieve this?”
Great...
Now what?
That was a heavy blow to your self-confidence.
As you imagined this, you might have felt like you were in the show, Shark Tank, but
this actually happened in the year 1900, based on a true story of Charles M. Schwab meeting
J.P Morgan.
What’s awesome about this story is Charles M. Schwab successfully uses the 2nd Principle
of Think and Grow Rich.
Let’s take a look and see what happened.
Hey there!
Welcome to 2nd Step to Riches of the 13 Steps to Riches Series where today, we’ll be diving
into Chapter 3 of Think and Grow Rich.
We’ll get back right away to Charles exciting story which you get to learn how he used the
2nd step to riches that dramatically impacted the advancement of the United States into
what it is today.
It surely wouldn’t have happened if it wasn’t for this important principle.
So then, what’s the 2nd Step to Riches?
It’s actually called…
Faith.
Why, according to Napoleon Hill, of having faith so vital and so important be part of
one of the steps to riches?
In the previous video, we learned about having a burning desire as one of the steps to riches.
For a desire to come true, you must have faith that it is possible and that it will come
true.
Napoleon said when you truly have faith in a desire and believe it will come true, it
starts manifesting into its own physical self.
If you really define the word “Faith” it means having complete trust or confidence
in someone or something.
It is absolutely essential to have confidence in something that you’re doing to reach
your goal, especially during hard times, because otherwise losing confidence will make you
quit and that’s game over.
That’s why it is important to know how you practice positive visualization which is shown
in one of the famous quotes from Napoleon Hill that is from this chapter,
As quote, “Whatever the mind can conceive and believe,
it can achieve.”
Here’s a simple example of that…
When someone sees himself in a negative way and communicates negative beliefs to his subconscious
mind, he will end up living a negative life.
On the other hand, someone who is positive, always see himself as successful and visualize
his desire being fulfilled, will have a greater chance of eventually reaching success and
wealthy life.
Okay.
Now let’s go back and see how this principle worked for Charles M. Schwab that led to the
formation of United States Steel Corporation in the early 1900s.
Schwab had developed an idea based on the interactions of various competing steel mills
to unite them all under a Trust of one unified corporate structure.
To make this opportunity work correctly, there needed to be a massive influx of capital investment
and unification of all the other steel mills.
And he became focused on one man who has the power and capital to help him create this.
His name is J. P Morgan.
Keep in mind, there were many others who came before this man with their business ideas,
but he would just ignore them.
But Schwab was able to take this idea, have faith AKA complete trust or confidence in
his idea, and present this idea to JP Morgan.
His ultimate faith in his idea and in himself marveled JP Morgan.
From this, the United States Steel Corporation was born.
It later became one of the largest steel producer and largest corporations in the world.
And Schwab rose to a position of power, fame, and riches.
So, how do we get to this arena of faith?
If you find it is hard for you to have faith, the answer revolves around the 3rd Step to
Riches using an effective technique which will be in the next chapter.
Again, remember this…
“Whatever the mind can conceive and believe, it can achieve.”
Hill believes that if you want to achieve whatever you want in life, you must first
see it in your mind and then absolutely believe in it.
Whether you believe you can or you cannot, you are right.
Up Next!
The 4th Chapter that will be about the 3rd Step to Riches is actually one of my personal
favorites and it’s called Autosuggestion.
You haven’t already, you can always feel free to get this book yourself right now for
free to keep thanks to Audible using my special link in the description below.
You can easily start checking the book out right now.
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I’ll see you soon in the next video!