hey in this video were going to talk about a few principles in the book Think
and Grow Rich by Napoleon Hill this book is very old fashioned a lot of the
principles in a lot of the words vocabulary that Napoleon uses are very
old-fashioned the first principle that I really got out of this book was the
desire if you want to get rich you have to have a burning desire in you and it
will lead up into the second principle will make it very effective and that is
you have to use auto suggestions
now this is basically whatever environment you place yourself in your
going to be your subconscious mind is going to start taking in stuff you put
yourself in environments that will produce profit now this isn't
necessarily just profit as in money I mean profit as in profit to your
well-being will make you a better person I heard ones that you are an average of
the five people that you spend most of your time around so you can use it to
your advantage
take right now and write down a list of the top five people that you spend most
of your time around and see how they making you a better person and also
Napoli and suggest that you should come up with a written statement usually five
or six senses that basically sums up your purpose in life and every day you
need to read them out loud because they will be driven into your subconscious
mind and every day it will get stronger and stronger in your subconscious mind
picking up on things that will lead you to your goals so far too is under
suggestion put yourself in places that you will become profitable and read your
mind with books and knowledge in reading and videos and people that are going to
make you stronger and work harder and they're gonna push you to grow rich the
third principle is called the masterminds behind this is basically you
need to be around people who are going to help you basically let's say that
there's one human and they made another human who is the opposite sex they get
together and they made and they have a baby so what kind of math is this
generally this is one human human equals three humans Napoleon Hill says that the
same thing works with ideas if you get one idea and you were around the person
who has another idea you're going to produce a third idea and he says that
it's actually exponential if you get three ideas three people together you're
gonna end up with maybe twenty new ideas
imagine if you get five or six people together with hundreds of new ideas and
you have to use these ideas to become profitable never going to move on to the
fourth principle and that is specialized knowledge and he gives us great example
the Henry Ford was in this line of questioning he brought he was brought in
for questioning about the profitability of his company because he's making so
much money they thought he was doing dirty stuff so they bring him in for
questioning and they start asking a whole bunch of questions and he gets he
starts to get really upset he said if I should really want to answer the foolish
questions you have just asked or any of the other questions you have been asking
me let me remind you that I am a row of electric push buttons on my desk and by
pushing the right button I can summon to my aid any man who can answer any
question I desire to ask concerning the business which i'm devoting most of my
efforts and this is the part I really stood out to me now will you kindly tell
me why I should clear my mind with general knowledge for the purpose of
being able to answer questions and this is the basic principle that I got from
this book which is specialized knowledge napoleon says in the book knowledge has
no value except that which can be gained from its application so just knowing
something doesn't make it profitable you have to be able to apply it in the
basically goes on to say this is why college degrees are going down in value
because anyone can get a college degree we have to be able to learn how to apply
it correctly and this goes with the statement that the more you learn the
more you earn
it's ok to have a lot of general knowledge but if you're going to be an
entreprenuer or issuer wanting to grow rich need to have little field of
specialized knowledge that you know a lot and will be in the position to get
the general knowledge from someone else by Google or a friend in the fifth
principle that I got from this book is persistence and I have found this on to
become extremely helpful in my situation for example this YouTube channel has
been up for about two months I have made while I think I believe that this is my
31st video and I'm sticking with it I'm trying to make at least 3 videos per
week high quality adding value to other people's lives and I have to stick with
it I know right now I'm only getting a couple hundred views per week but I know
in a couple months I'm going to be dominating if I keep up with his
persistence so let's go over in review the five principles that I got from this
book there are actually 13 but I got most value out of these five and that is
you have to have a burning desire you need to use out of suggestions for your
benefit
put yourself in situations where you will gain you have to have a mastermind
I mean you have to have people around you that if you need to know something
you can learn easily have some specialized knowledge and you have to
stay persistent the basis of this book is that everyone has a brain everyone
can think you have to know how to think Craig Lee in order to get rich if you
read all 13 chapters in this book you will learn how to use your brain
effectively out this adds value to your life and I hope you enjoyed watching it
thanks for watching and subscribe for more