Napoleon Hill is famous for the research he conducted on the wealthy for steel magnate, Andrew Carnegies. His book “Think and Grow Rich” is based on the common traits he found in the very successful and wealthy men of his time. He found 16 characteristics. Hill discovered that not one of these people was born with these characteristics – they all had developed them later in life.
The five most important characteristics that Hill listed are:
1. BURNING DESIRE: You must have a burning desire to do what you are doing. You MUST want it so badly that nothing will stop you or get in the way. How many of you have let things get in the way? This is what is going to let you walk through your fear.
2. SPECIALIZED KNOWLEDGE: You must have specialized knowledge. This means you focus on one idea, product or industry and know it inside and out, develop it, REDO IT, specialize in it. You must be the best at it.
3. ENTREPRENEURIAL IN NATURE: You must be Entrepreneurial in nature. This means living without the need for a guarantee. Are you the type that needs to work a certain amount of time so you will make a certain amount of money or are you working for results and spending as much time as you need to get the results. It means getting off your assets and doing what you need to do. For some of you this will require great change. Although I believe I am entrepreneurial, I allowed my fear to crush this spirit and it went into hiding. How many of you have had this happen?
4. You must be decisive in nature. This means you make quick, well thought out decisions and stick with them. In my mind this is crucial. If you are wish washy you will not exude confidence. Confidence is an absolute necessary attribute for success. If you read my blog on Tuesday, this is the area I was lacking in and ultimately it brought me down.
5. You must surround yourself with a mastermind group. This is a team of people who are totally dedicated to your success. Napoleon Hill knew that four or five minds working together would be very powerful. It is typically highly successful people who have more money than you do and have great knowledge to share with you. A mastermind team may be, your accountant, Lawyer, CEO of another company, your coach, you admin etc.—I suggest it not be your wife or extended family.
One of my goals in life is to learn as much as I can and this blog definitely teached me some things.
Great perspective, especially as regards manners within the blogosphere. I came across the Bloggers Code of Conduct recently which lead to some interesting observations about the commenter’s responsibility on a blog.
Thank you. I invite you to keep coming back.
Jackie, This is great. thank you.
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