Think and grow rich by Napoleon Hill is a very insightful book on becoming wealthy.
My last post discussed desire as the starting point of your journey to becoming wealthy.
Let me recap…
I believe a strong desire determination, faith, and persistence are essential for getting rich.
Once you desire to become wealthy, you also need to take action on your dreams so you can live your dreams.
You need to take seven steps to transform your desire for wealth into living your dreams.
Let’s talk about it in detail in this essay.
This is important because it’s only when you decide on how wealthy you want to become that you’ll be able to make your dreams come true.
You see, your mind cannot focus on vague things. It’s not enough to say, “I want to have lots of money”.
You must make up your mind on what net worth you want to have.
Do you want $5 million or $10 million worth?
By deciding on your future net worth, you are honing your desire to the point that it becomes achievable.
Let me explain
Do you remember the simple science experiment where you held a magnifying glass on a piece of paper, focusing on the sun’s rays?
I want you to imagine your mind is like the magnifying glass in the experiment. Let’s assume your desire is like the ray of the sun. And the amount of wealth you intend to acquire is like a piece of paper.
When you focus the rays of the sun (desire) on a piece of paper (the exact amount of money you want) with a magnifying glass (mind) … you’ll soon find the paper burning up.
That’s why you need to know exactly how much wealth you want to accumulate.
The next step is important because it’s what separates daydreamers from go-getters.
You see, it’s not enough to want to accumulate wealth, you must also be ready to pay the price.
This means you must find a means to accumulate the wealth you desire.
It’s at this point you have to choose a path you’ll take to realize your dreams.
The good news is you already have proven paths to wealth that others have used.
Do you intend to build wealth through investing in real estate, investing in the stock market, starting a business, or starting an Internet business,
You cannot hope to “get something for nothing.” You must be willing to provide valuable service for the riches you want. That is how you think and grow rich.
The next step you need is to establish a definite date when you intend to accomplish your dreams.
why? The answer is simple. Until you determine the exact date you want to accumulate the wealth you intend to enjoy, you’ll only wish to become wealthy.
That is why having goals are essential. A goal is a dream with a deadline.
Having a timeline for your desire to gain financial freedom has benefits:
The first benefit is that it intensifies your desire to achieve your dreams. Also, having goals helps you focus on the important things you need to do to achieve your dreams.
You must have a definite plan for fulfilling your desire and taking action on your plan.
You must take action on your plans even if you feel unprepared. And begin to work on your plan.
why? Because taking action on your plans will intensify your desire.
The secret to taking action on your plan is to do the following:
Ready, fire, aim.
This means that to succeed, you need to make a plan and then take action. Because it’s only in your action on a plan, you can accomplish it.
For example if you are going to start a business, you should spend time on business planning. But you must spend a more significant part of your time selling your business’s services to your customers.
Action is the most important step you must take if you have a desire to become wealthy.
Studies have shown that there is a direct relation between writing an idea on paper and its accomplishment.
Why? Because when you write down your dreams and goals, you activate your brain’s mechanism for taking action.
Brian Tracy, author and expert in the field of self-development says that if you can form the habit of writing down your goals daily, you are likely to accomplish them most of the time.
When you write out your dreams, you must write them down concisely and clearly.
Your plan must include writing the exact amount of money you want to acquire, how you intend to acquire it, and the exact date you want to realize your dreams.
You must also write out your intention with your name and in the present active tense.
By writing out your plan like this, you create a consciousness that you are already enjoying the life you want.
It’s important you read and write out your goals frequently.
Studies have shown that you will likely achieve your goals if you read and write them regularly.
Brian Tracy an authority in self-development, recommends writing your top 3 most important goals on a 3” by 5” card and keeping it in your wallet.
Why? Because the very act of reading and writing out your goals creates a neural pathway that makes the accomplishment of your desire a part of your consciousness that you’ll eventually achieve them.
You need to take action every day on your dreams. You see, taking action on your desire daily, will move you closer to accomplishing your dreams.
There is an energy that comes with taking action on your dreams.
It’s like planting a field of corn. The more you work on your dreams, the easier it becomes to accomplish it than someone who talks about his dreams.
The trick to working on your dreams is to break down your goals into smaller tasks.
As soon as you break your goals into smaller tasks, you should add them to your daily tasks.
Finally, you should prioritize your daily tasks to spend a large part of your day working on your dreams.
The bottom line is this all wealth is accumulated one dollar at a time. And the starting point of accumulating wealth comes from having a desire to get rich.
To fulfill your desire to accumulate wealth, you must have determination, faith, and persistence.