Money Quote by Napoleon Hill
““Six Ways to Turn Desires into Gold. The method by which desire for riches can be transmuted into its financial equivalent, consists of six definite, practical steps, viz: First: fix in your mind the exact amount of money you desire. It is not sufficient merely to say “I want plenty of money.” Be definite as to the amount. (There is a psychological reason for definiteness which will be described in a subsequent chapter.) Second: determine exactly what you intend to give in return for the money you desire. (There is no such reality as “something for nothing.”) Third: establish a definite date when you intend to possess the money you desire. Fourth: create a definite plan for carrying out your desire, and begin at once, whether you are ready or not, to put this plan into action. Fifth: write out a clear, concise statement of the amount of money you intend to acquire, name the time limit for its acquisition, state what you intend to give in return for the money, and describe clearly the plan through which you intend to accumulate it. Sixth: read your written statement aloud, twice daily, once just before retiring at night, and once after arising in the morning. As you read—see and feel and believe yourself already in possession of the money.””
About This Quote
Source Book: Think and Grow Rich, 1937
Specific, concrete goals, reciprocal exchange, deadlines, planning, and affirmation transform desire into wealth.
In simple terms: Clear goals and action steps lead to financial success.
Define exact amount, give back, set deadline, act, write, repeat.
Themes
Mood
Type
When to use this quote
- budgeting
- entrepreneurship
- personal finance
- goal tracking
Key Concepts
Questions to Reflect On
- Are you willing to give value for what you want?
- How will you handle setbacks?
Success also depends on external factors and luck.