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Posts Tagged ‘Napoleon Hill’

How to Use the Ninth Step to Riches Which is The Mastermind to Translate Your Plans Into Action?

Wednesday, August 19th, 2009

Napoleon Hill in “Think and grow Rich” presents the power of the mastermind as the ninth step to riches. Your definite plans are useless without enough power to translate them into action. Napoleon Hill defined power as organized and intelligently directed knowledge. The mastermind group is two or more people who with definite plans work in a spirit of harmony towards riches. The power of the mastermind group is infinite. Power is required for the accumulation and retention of money. When you are working a home business opportunity you must utilize information and knowledge that will make you very powerful.

There are three sources of knowledge:

1. Infinite Intelligence

-source of knowledge acquired through Creative Imagination

2. Accumulated Experience

-knowledge that you acquired from schools and colleges that have been classified and organized

3. Experiment and Research

-comes from people gathering, classifying and organizing new facts daily

The steps to riches will be very difficult if people depended on their efforts alone. You will not have great power without a Mastermind group. Like minded people will inject the necessary element of power that you need to succeed in your home business opportunity. You must use definitive plans with persistence and imagination that includes selecting the best mastermind group. This act in itself will bring you half way to your goals. The master mind has two characteristics which are economic and psychic.

The economic phase comes with the advantage of advice, counsel and personal cooperation of a group of people in perfect harmony. The amount of wealth that has been amassed using this method is unfathomable. The saying is that success is determined by who you know not what you know. The negative connotation of this statement is the visualization of the “old boys’ network”. The average income of your five closest friends is normally your income. The master mind group works best if you select the best possible candidates, not just your “best friends”. Your mastermind group will be your “old boys’ network” to help you succeed in your home business opportunity.

The psychic phase is more abstract and difficult to understand, because it deals with spiritual forces. Napoleon Hill believes that no two minds can come together without creating a third invisible and intangible force. He compared this force to a third mind. The human mind is partly spiritual in nature and is a form of energy. The spiritual unit of energy that is formed when two minds combine in a harmonious nature is the psychic phase.

Henry Ford is a great example of someone who surrounded himself with a great group of master minds. Henry Ford was not a learned man but he believed in having the best people to do the task that he was unable to do. Henry Ford was able to amass a fortune using this variation of the mastermind group. Your group in your home business opportunity will be about five people not fifty like Henry Ford. Your mastermind group may be just as powerful as Henry Ford so use it to the best of your ability.

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Persistence, The Eighth Step to Riches, is Required to Succeed

Saturday, August 8th, 2009

The majority of people are ready to throw their dreams overboard with the first sign of opposition. If the journey to success was easy, then everyone would be successful.  The book “Think and Grow Rich” by Napoleon Hill states that persistence is the eighth step to riches. Combining willpower and desire makes an explosive pair. The perfect example of this is Hollywood.  Many “actors” go to Hollywood to find fame, fortune and success.  Hollywood is not easily conquered and it pays off and once in a while someone famous emerges.  The one recurring trait of successful people is persistence.

Persistence with definite plans will lead you to succeed in your home based business. Lack of persistence is a common trait among unsuccessful people, but it may be overcome with effort. The first step to riches is desire so if your desire is weak, then your persistence will follow suit. One remedy to strengthen your persistence is to increase your desire. Your mastermind group is also a great resource to help you be more persistent. The careful selection of your mastermind group will help in your road to riches.  The synergy created by like minded people getting together in a mastermind group is phenomenal.

Persistence is based in part on the following definite causes:

1. Definiteness of purpose

2. Desire

3. Self-Reliance

4. Definiteness of Plans

5. Accurate Knowledge

6. Cooperation

7. Willpower

8. Habit

The list above is a valid assessment of what it takes to be persistence in your road to riches.  You probably could get by with just willpower and desire, but the stronger the other six are in your life the simpler your journey will be.  Your journey may be simple, but it never will be easy.  We must take a personal inventory of ourselves to determine where our strengths and weakness lies in the definite causes above. You must rate yourself honestly and the analysis might surprise you. You might be stronger in places that you thought were weak. If you are weak in any particular area, then you must master it to accumulate wealth. Willpower is the key thing that stands out for me with persistence. The road to success is lined with many people with good intentions.  They are going to good intention you to give up your dreams.  Naysayers are always going to try to deter you from achieving your goals. Naysayers are easier to handle when it is someone else.  What if the naysayer is you?

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Personal Development and The Sixth Step to Riches

Saturday, August 8th, 2009

The Book “Think and Grow Rich” by Napoleon Hill discusses thirteen steps to riches. Organized planning is the sixth step to riches. Desire is the first step to riches and organized planning is the crystallization of desire in action. Your personal development training is useless unless you have an organized plan to accomplish it.   Your riches will only grow in proportion to your personal development.  The more you grow the more weapons you have in your arsenal to succeed. Napoleon Hill refers to forming a mastermind group, even though he has not discussed how to form one at this point in the book.  It is a good policy to have your plans checked and approved by your mastermind group. No one person is an island, therefore the cooperation of other people is critical in generating wealth.  Your mastermind group does not guaranty that your plans will work.  You will use their collective knowledge and experiences to come up with the best possible plan.  Personal developing mind will make you stronger mentally to come up with better definitive plans to help you on your road to riches.

Your organized plan still might not work; if it does not work then replace it with another plan until success is achieved. If you fail to plan, then you plan to fail. The people who fail in their personal development lack the persistence to create new plans when old ones fail. Your plans must be practical and workable to be able to succeed.  We would not have the incandescent electric light bulb today if Thomas Edison did not fail over 10,000 times.  Every time he failed Thomas Edison evaluated why he failed and made another plan of action.  He did not fall short of his goal.  Thomas Edison is a perfect example that your consistent and persistent action will help you succeed in your personal development.

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You Will Not Succeed Until You Master The Seventh Step to Riches

Wednesday, July 29th, 2009

Napoleon Hill in his famous book “Think and Grow Rich” states that decision is the seventh step to riches. The Latin root for the word decision means to cut off from alternatives. You looked at all the different scenarios, and then you severed the unacceptable ones. The scenario that is left is the one that you pursue. Your decision making process must be very efficient and effective. The opposite of decision is procrastination, ironically procrastination is normally the decision that most people make. Procrastination is a twin to indecision. You must make the decision to be successful in your home based business and commit to it.  If you don’t make decisions, then procrastination will steal your success in your home business.

The ultimate goal is to make the proper decisions in ensuring success in your home based business. If people with opinions change your mind frequently, you will never attract money to your home based business. Your carefully selected mastermind group is the only people that you should receive an “opinion” on your proposal. There are a number of different ways to evaluate a situation, choose one and use it to come to a final decision.  When you reach decisions in a timely manner you, then you become a master over procrastination.  The toughest decisions to make are those that not only impact your life, but also your family.

The people who overcome procrastination will allow the results to make the necessary statement.  A 26.2 mile marathon is not completed until the runner makes the decision to take the first step. The majority of failures may be attributed to a lack of decision.   Inaction is a major cause of failure in the decision making process.  Major corporations that previously use to sweep failures under the rug are now looking at them more closely.  These corporations are trying to learn from these failures to avoid the same thing happening in the future. Most successful people make decisions quickly and are very slow to change them. The unsuccessful person makes decision slowly and changes them rapidly.

The value of your decisions is depended on your courage to make them. The great decisions made by leaders, such as Abraham Lincoln was reached at great risks. Abraham Lincoln made decisions that ultimately led to his death.  The decisions you make not only impact you but affect everyone in your life. The conclusion that you reached after consideration must not be taken lightly. Your telephone feels like a hundred pounds when you pick it up to call your leads. You made the decision to be a success in your home business yet you procrastinate in making those phone calls. When you don’t make those phone calls, then you are allowing procrastination to run your home business. Your success or failure in your home business is dependent on your actions or in actions.

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Personal Development And The Third Step to Riches

Saturday, July 25th, 2009

Napoleon Hill in the book “Think and Grow Rich” writes that autosuggestion is the third step to riches. Autosuggestion is all self administered stimuli that you receive through your five senses. They are very simple ways that you can develop this skill to help you in your personal development.  The following steps are very easy to implement, but its takes discipline to do it on a daily basis.

You must see yourself as already achieving your goals.  Visualization is a key to autosuggestion. The more you visualize your goal as if you accomplished it already, the better chance you have to achieve it.  The first thing is find a quiet and relaxing background with minimal distractions.  It is great to do this before you go to bed and when you wake up in the morning.  Turn off the cell phone, computer and any other distractions that could interrupt you.  You must have a written statement of your goal, time frame you want to achieve it, and what you will give up to accomplished it.  Repeat this statement aloud so that it goes from your conscious mind to your subconscious mind.  Repetition is the motherhood of learning so repeat this statement everyday until it is accomplished.  Keep your statement in different locations that you can see it morning and night.  Once it had been memorized, then you will be able to truly internalize it.

These instructions may seem simplistic in nature, but if you follow these instructions your skepticism will be replaced by belief.  When you invest in your personal development the greater your wealth will grow.  Your thoughts determine your destiny and learning and acquiring different knowledge will help your personal development.  When you have the power to influence your subconscious mind then you will gain control of yourself and your environment.

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11 Crucial Attributes of Leadership That Are Necessary to Succeed in Business

Wednesday, July 1st, 2009

Leadership is defining as a person or thing that provides direction and guidance to others that follows. The dictionary is static so that definition is boring. People are more dynamic therefore the definition of leadership means different things to different people. I will be writing about leadership as defined by Napoleon Hill in “Think and Grow Rich” over the next 10 Articles.

The 11 crucial attributes of leadership are listed below:

1. Unwavering Courage
2. Self-Control
3. A keen sense of justice
4. Definiteness of decision
5. Definiteness of plans
6. The habit of doing more than paid for
7. A pleasing personality
8. Sympathy and understanding
9. Mastery of detail
10. Willingness to assume full responsibility
11. Cooperation

When we were growing up people always commented that it was okay to be confident, but not cocky. The person who is strutting around like a peacock was not respected. The person who had a sense of reliance or certainty without throwing up on you with it garnered respect. The unwavering courage of a leader is more self evident in the time of crisis. Henry Ford had a reputation of being obstinate, yet without this characteristic the Model T would never have been developed. Henry Ford believes in making decisions quickly, but was slow to change them. He commanded his team to continue to develop his V-8 engine, even though year after year they failed.

He had an unwavering courage in the midst of countless failures, so finally his vision was accomplished. If you were in charge of making those decisions how would you react? The most successful people make decisions quickly, but are slow to change them. The unsuccessful people make decision slowly and change them quickly. If he had stopped the gold might have been within three feet and he would never have known it. Henry Ford was a well respected individual in his time and still respected to this day. I will be discussing the other 10 attributes in upcoming posts on this blog.

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Mastering Details is a Major Part of Business Success

Tuesday, June 30th, 2009

Mastery of Detail is an excellent leadership attribute to have in developing a successful business. There are 5 fundamental principles that are essential to mastering the nuances of the detail. We must become skilled practitioners of the system that we use in our everyday business to get to the next level and beyond. I will use going through the process of focusing on your core business clients as a way to demonstrate the processes of becoming a true mastery of details.

They are 5 guiding principles in mastering the details in your business as listed below:

1. Initial Impact

You normally have a core segment of our clients that like clockwork always orders our products or use your service on a consistent basis. We sometimes take these clients for granted and instead focus on “new” business. We have these clients in our hip pocket so we “ignore” them.  When we ignore people sometimes our competitor come along and listens to this segment and you lose them as clients. If you had a system in place to counteract this minor detail, then loss of revenue would not have occurred.

We tend to spend our time on “new” business who tends to be people that are expensive to acquire whether they are asking numerous insignificant questions or taking up your time. They either order little or no business which makes acquiring new business a very risky investment. What kind of impact could we have if we changed our focus and invested in ways to pay attention to our core business?

2. Repetition

The key to running a marathon is the first step, so we must develop ways to keep our core clients happy.  Once we institute these methods we must make a conscious effort to use them on a regular basis. You should continue to chase new business, but you should only indulge in win-win relationship.  Repetition is the motherhood of learning so the more you repeat this practice the better chance it will become a standard practice in your business. When everyone in your organization is focuses on the simple detail of not ignoring your special clients.

3. Utilization

If you don’t use new ideas or concepts, then they will just die on the vine.  The old adage of use or lose is truly adaptable here.  The benefits of focusing on your core business will lead to referrals and increased revenues.  The main work is in the execution of the details but the benefits are unlimited.

4. Integration

We must repeat this process again and again and again until it is embedded in your business’s system.  When focusing actively on a certain detail, then it is integrating into the normal day to day operation of your business.  Once true integration occurs then we just have to follow up to make sure that integration is here to stay.

5. Reinforcement

The benefits of mastering this detail are in the follow up.  When you master one detail you must always make sure that your people continue to focus on this detail on a daily basis.  We inspect what we expect so if we don’t continually apply attention, energy and focus to reinforce this detail then it will just become ineffective

I use this example of tapping into an ignore resources in our business to show that to truly master detail is a commitment that you must make on a conscious level.  If you are able to identify the different areas of your business with this same focus there is no doubt that you will be successful in your business.  You must give attention, energy and focus to all the little details in your life and business to make the necessary changes.  Successful leader will use these 5 fundamental principles to become a true mastery of detail to take his or her business to the next level.

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