Dan J. Harkey

Educator & Private Money Lending Consultant

Book Review: Think and Grow Rich by Napoleon Hill

Think and Grow Rich (1937) by Napoleon Hill is one of the most influential self-help books ever written, selling over 70 million copies worldwide.

by Dan J. Harkey

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Summary

Despite its title, the book is not solely about accumulating wealth; it’s about cultivating a mindset that attracts success in all areas of life. Hill’s philosophy centers on the psychological power of thought, desire, and persistence in achieving personal and professional goals. While the book was written in 1937, its principles remain as relevant today as they were then, making it a timeless guide for personal development and success.

Core Principles

Hill distills his findings from studying over 500 successful individuals into a formula for success:

Desire + Ideas + Plans + Massive Action = Success

The book introduces 13 principles, including:

  • Desire: The starting point of all achievements. Define what you want and commit to it.
  • Faith: Belief in yourself and your goals, reinforced through affirmations.
  • Autosuggestion: Reprogramming the subconscious mind through repeated positive thoughts.
  • Specialized Knowledge: Acquiring or leveraging expertise to achieve your goals.
  • Imagination: Using creativity to generate ideas and solutions.
  • Organized Planning: Turning desire into actionable steps.
  • Decision: Mastering procrastination by making firm, timely choices.
  • Persistence: Sustained effort despite setbacks.
  • Mastermind Alliance: Surrounding yourself with like-minded, supportive individuals.
  • Subconscious Mind: Aligning thoughts with goals to influence behavior.

Strengths

  • Timeless Wisdom: The principles remain relevant for entrepreneurs, leaders, and anyone seeking personal growth.
  • Action-Oriented: Hill emphasizes practical steps, not just theory.
  • Inspirational: Packed with motivational anecdotes and affirmations.

Criticisms

  • Dated Language: Written in 1937, some examples and phrasing feel old-fashioned.
  • Overemphasis on Positive Thinking: Critics argue it underplays external factors like systemic barriers.
  • Lack of Scientific Backing: The book leans heavily on anecdotal evidence.

Who Should Read It?

  • Entrepreneurs and business professionals.
  • Anyone interested in personal development and goal achievement.
  • Readers who enjoy motivational literature.

✅ Bottom LineThink and Grow Rich is a foundational text in the self-help genre. While some ideas may feel dated, its core message—that thoughts shape reality—continues to inspire millions. If you’re looking for a mindset shift toward success, this book is a must-read.

Here’s a concise summary of Napoleon Hill’s 13 principles from Think and Grow Rich:

  1. Desire – Define a clear, burning desire for what you want to achieve.

  2. Faith – Believe in your ability to succeed and visualize your goals.

  3. Auto-Suggestion – Use affirmations and repeated thoughts to influence your subconscious.

  4. Specialized Knowledge – Acquire specific knowledge relevant to your goals.

  5. Imagination – Use creativity to develop ideas and plans.

  6. Organized Planning – Turn your desire into actionable steps and strategies.

  7. Decision – Make firm, prompt decisions and avoid procrastination.

  8. Persistence – Maintain consistent effort despite obstacles.

  9. Mastermind Alliance – Surround yourself with supportive, like-minded individuals.

  10. The Subconscious Mind – Program it with positive thoughts and goals.

  11. The Brain – Recognize it as a broadcasting and receiving station for thoughts.

  12. The Sixth Sense – Develop intuition to make better decisions.

  13. Overcoming Fear – Conquer the six basic fears (poverty, criticism, ill health, loss of love, old age, death).

Action Checklist

  1. Define Your Goal – Write down your specific financial or life goal with a deadline.
  2. Build Faith – Repeat daily affirmations and visualize success.
  3. Practice Auto-Suggestion – Read your goal statement aloud twice a day.
  4. Gain Specialized Knowledge – Identify skills or knowledge gaps and start learning.
  5. Use Imagination – Brainstorm creative ways to achieve your goal.
  6. Create a Plan – Draft a step-by-step action plan and start immediately.
  7. Decide Quickly – Make firm decisions and avoid procrastination.
  8. Stay Persistent – Commit to daily progress, even when facing setbacks.
  9. Form a Mastermind Group – Connect with 2–3 like-minded people for accountability.
  10. Feed Your Subconscious – Surround yourself with positive influences and ideas.
  11. Train Your Mind – Limit negative thoughts; focus on solutions.
  12. Develop Intuition – Reflect daily and trust your instincts in decision-making.
  13. Conquer Fear – Identify your biggest fear and take one small action to overcome it.