Today is the right time to review the book Think and Grow Rich related to the wealth stage “Execute 7 Powerful Book-Ideas“.
For those who read this article or watch a video for the first time, I’ve been obsessed with creating wealth-building and well-being strategies.
As a result, I found out that in our life there are only seven stages.
And I call them the 7 Wealth Stages of life.
Because I believe there are no more than seven stages in our life.
And these stages have helped me to accelerate my success.
Moreover, they appear through every part of your life which creates holistic wealth.
To explain, the relations of holistic wealth are:
- and financial.
And in short, the 7 Wealth Stages are about:
- a mindset,
- potential of elite skills,
- personal finance,
- personal growth,
- and abundant life.
That being said, my purpose within the stage Execute 7 Powerful Book-Ideas is to pass on to you seven valuable ideas.
But first, you get to understand this:
Would you agree?
That’s the strength of becoming a Doer.
Ultimately, isn’t it what you are looking for?
Introduction To Think And Grow Rich
Firstly, I want to talk about this influential book that has had a tremendous impact on my life.
Because it triggered within me a desire to become a Doer.
Next, you need to understand this:
And by the way, if you don’t know, that’s the first wealth stage within the 7 Wealth Stages of life.
But now, because this book contains so much value, I divided it into two parts.
For that reason, in part one I handpicked the first seven steps to wealth that are vital to developing a millionaire wealth mindset.
And if you use each of these principle ideas that reach wealth, it might significantly make a tremendous impact on your life.
So now, let’s sink into 7 powerful steps to wealth from the book Think and Grow Rich.
The first step to wealth…
DESIRE: The Starting Point Of All Achievement
Would you agree?
Let me share something with you.
The Burning Desire To Acquire Wealth
When I moved to Australia, I burned my first ship. And then I burned an even bigger ship when I flew to Asia.
In addition, I left the second time with a one-way ticket without a feasible way to retreat.
You may be wondering why?
Because I had a burning desire.
That desire was a state of mind that became my biggest obsession to find strategies to acquire wealth.
In other words, I built a plan with persistence because I had really really strong human desire.
And I talk more about human desire that makes you do what you want in the first principle of the previous video or article How To Win Friends And Influence People by Dale Carnegie.
In fact, I discovered a gem inside Think and Grow Rich’s book.
Simply said, the right strategy to find wealth consists of six definite practical steps.
Six Definite Practical Steps To Find Wealth
#1. Fix in your mind the exact amount of money you desire.
#2. Determine exactly what you intend to give in return for the amount of money you desire.
#3. Set a specific date when you intend to possess that amount of money you desire.
#4. Create a definite plan to put this plan into action.
#5. Write out a clear, concise statement of all previous four steps.
#6. Read the statement aloud twice daily.
As a matter of fact, I’ve been reading it every morning, after my meditation and yoga.
And I read my statement aloud, it takes me roughly 10 minutes. That statement is on my wall so I see it every day.
Now, it might sound weird, but after months of doing it, I started feeling that desire as a starting point.
So what is the first significant principle idea that reaches wealth?
The second step to a wealth of the Think and Grow Rich book is…
FAITH: Visualizing and Believing In The Attainment Of Desire
Firstly, get this, it’s profound:
In other words, faith is one of the most powerful major positive emotions.
And there are two more which are love and sex.
Think about it this way:
When these three emotions are blended, it opens the effect of a direct line of communication between you and your partner.
But most importantly, faith is the elixir that gives life, power, and action to the impulse of your thoughts.
And those thoughts create who you are, how you behave, and how your life is.
All impulses of your thoughts tend to end up in your life either:
- in poverty,
- or richness.
Remember this: Somewhere within you lies a sleeping seed of achievement.
So what’s the second significant principle idea that reaches wealth?
The third step to a wealth of the Think and Grow Rich book is…
AUTOSUGGESTION: The Medium For Influencing The Subconscious Mind
At this point, Napoleon Hills describes that the autosuggestion is self-suggestion.
Or you may wonder, how does it work?
Let me explain:
For example, imagine, when you think about something either positive or negative, it doesn’t matter now…
Firstly, your thought enters your conscious mind.
And there is the principle of Autosuggestion that decides whether that thought reaches your subconscious mind and influences taking action.
So remember that it’s like a filter of your thoughts…
It’s simple, isn’t it?
And if you remember, that’s exactly why in the first step to wealth DESIRE I talked about a strategy that consists of six definite practical steps to read aloud your statement.
In other words, you have to read it aloud, very carefully.
Then you will experience desirable results.
Because your subconscious mind recognizes and acts upon your thoughts.
And this is the same as the vision board.
Vision Board And Subconscious Mind
Without a doubt, it’s the power of visualization.
Because when you look at your vision board every day, it goes first to your conscious mind.
And because you created these desired images, your autosuggestion let it go to your subconscious mind and act upon it.
In fact, I wrote an article and created a video Vision Board Success Story & How To Take Action Now.
So what’s the third significant principle idea that reaches wealth?
And yes I’ve been doing it for a few years and it works!
The fourth step to a wealth of the Think and Grow Rich book is…
SPECIALIZED KNOWLEDGE: Personal Experience Or Observations
In fact, there are two kinds of knowledge.
- The first is general knowledge.
- The second is specialized knowledge.
The first is the knowledge that you learn during your adolescence, then at school, and later at university. But this knowledge and skills don’t organize or tell you how to attract money.
Because you need to acquire intelligence, organize plans, and take action to accumulate wealth.
In other words, you need to develop specialized knowledge and most importantly, leverage other people’s experience.
And for that reason, I call them elite skills.
Let me give you an example:
I’ve built my career on high-demand skills that I call Elite-SEO skills.
Firstly, I’ve learned SEO in-depth and practiced it daily.
Second, I found out that SEO isn’t just a bunch of technical tactics.
But when you combine Elite-SEO skills with high-level strategic thinking, it is a powerful profession.
And I call it Elite-SEO Strategist.
Let’s be honest here “knowledge is power”.
But ask yourself, what kind of knowledge do you want to possess?
The first kind of knowledge which is the general only?
Or prosper with the specialized knowledge, which I call elite skills?
For this reason, one out of the 7 Wealth Stages is about the importance to develop your elite skill.
Because it is a very important direction to think and grow rich and to accumulate wealth.
The only question here is, how do you organize and use this specialized knowledge or elite skills after you’ve acquired it?
Write us a comment below 😉
So what’s the fourth significant principle idea that reaches wealth?
The fifth step to a wealth of the Think and Grow Rich book is…
IMAGINATION: The Workshop Of The Mind
Let’s not forget that we can create anything we can imagine.
If you look at all the ages of civilization, you can recognize vast development and rapid change up to now.
And there are two forms of imagination.
- The first one is known as Synthetic imagination.
- The second as Creative imagination.
Synthetic imagination means processing old concept ideas or plans into new combinations. That’s why it creates nothing.
On the other hand, creative imagination is based on new ideas to develop.
Similarly to your thoughts and ideas going first from your conscious mind to your subconscious mind to create something meaningful.
Do you remember when I was talking about it in the third step Autosuggestion? If not, scroll back and read it again.
This is a really deep subject to talk about…
So what’s the fifth significant principle idea that reaches wealth?
The sixth step to a wealth of the Think and Grow Rich book is…
ORGANIZED PLANNING: The Crystallization Of Desire Into Action
In fact, this is a profound step to wealth for me because I’m a very organized person.
The Pat VC brand was launched because of my burning desire to talk about experiences that go through seven wealth stages of life.
And to put me into action, I had to make a plan, be disciplined, and be organized.
As a result, I strictly stick to the following strategy. It’s my statement.
In order to live an abundant life, you have to be organized in your mind. Next, you have to be careful what information you listen to, who you surround yourself with, what you read, how you manage and control your finances, how you invest and accumulate wealth and how you treat your well-being.
You see, it’s about being an organized person.
Because you want to lead and control your life and not follow traditional wisdom’s advice or someone else’s orders.
Would you agree?
And yes I admit, there are many failures as well.
Listen, when defeat comes, you have to accept it fast.
In other words, rebuild your plan and sail again toward your desired goal.
Would you like to know the harsh truth?
If you give up before your goal has been reached, you are a “quitter”.
For that reason, I want to share with you a quote that has been traveling with me everywhere.
And I always pin it on a wall.
Because it reminds me to never give up. It’s very powerful.
“A Quitter Never Wins And a Winner Never Quits.”
Would you agree?
So what’s the sixth significant principle idea that reaches wealth?
My question is which one do you want to be? Ponder on it…
And the seventh step to a wealth of the Think and Grow Rich book is…
DECISION: The Mastery Of Procrastination
Let’s face it…
Without a doubt, procrastination is a common enemy that practically everybody must conquer.
In other words, procrastination is the opposite of a decision.
I used to procrastinate a lot.
But since implementing into my daily routine the Eisenhower Matrix, I’ve been more productive.
What it means is dividing your tasks into:
- not urgent,
- and unimportant categories.
And you must focus on urgent tasks first, what needs to be done now.
In fact, several studies revealed that people who fail to accumulate money have the habit to make a slow decision or they procrastinate.
The simple truth is, you have your own brain and mind.
That means use it to make your own decision, don’t rely on someone else.
Stop consuming social media that belongs to an unimportant category within the Eisenhower box.
Also, stop talking, instead start creating. You know the truth. Those who talk too much do little else.
So what’s the seventh significant principle idea that reaches wealth?
Time To Take Action To Think And Grow Rich
As you can see, these principles that reach wealth aren’t only to read them and forget them.
After all, it’s about executing them, putting them into action, and working on them.
Because only then, you will concede their real value.
Now, which principle idea are you going to implement?
Leave us in a comment below the word “Imagination” to acknowledge that you are a real Doer.
And as a reminder, doerly pat the Like button to give our video more exposure and love for the YouTube algorithm.
And don’t forget to Subscribe because every week you will receive a video within the 7 Wealth Stages framework.
So keep your powder dry because part two video will be about the other seven principles that reach wealth.
By the way, if you want to dive deeper into the psychology behind the wealthy, I recommend reading 7 Rules Of Wealth By Richard Templar – Thinking Wealthy.
Because I invite you to become a Doer.
Thanks for reading or watching and I will see you next week.