Napoleon Hill’s “The Path to Personal Power"

 

This is Napoleon Hill’s most ignored Secret to Success

 

Napoleon Hill’s “The Path to Personal Power”

 

Napoleon Hill’s “The Path to Personal Power” focuses on one of the most neglected steps in the life coach’s famous program of success — and one that he personally described as critical to the workability of his overall approach: the formation of a Master Mind Group.

In his 1937 “Think and Grow Rich”, Hill defined the Master Mind (which he always capitalized) as: “Coordination of knowledge and effort, in a spirit of harmony, between two or more people for the attainment of a definite purpose.”

In plain terms, Hill’s Master Mind group is, quite simply, a support group or fellowship consisting of two or more members (but usually no more than seven to keep things wieldy), which meets at regular intervals of at least once a week to give support and advice to members on their individual goals. Depending on the nature of the group, members may also offer meditation, prayers, and mental visualization for one another’s goals during the week.

At its heart, the Master Mind is a coordinated effort to explore and support one another’s plans, purposes, and needs. Hill believed that when several people regularly meet in a spirit of community and mutual support—there can be no divisiveness in the Master Mind—it will level-up the creativity, intuition, and mental faculties of each participant. For this reason, you must select the members of your Master Mind group carefully—the key factors are personal chemistry and cooperation. Divisiveness, political arguments (always keep politics at bay), squabbling, and discursive aims will deplete the functioning of Master Mind.

I once described Think and Grow Rich in a single sentence, which could encompass all of Hill’s work: “Emotionalized thought directed toward one passionately held aim—aided by organized planning and the Master Mind—is the root of all accomplishment.” This gives you an idea of how central the Master Mind concept is in Hill’s system.

“Great power,” he concluded of the Master Mind, “can be accumulated through no other principle.”

Napoleon Hill's Law of Success...Part 2

 

3 Tips for Using the 17 Laws of Success

1.     Keep in the mind that the first four laws are said to be the most important and will likely give you the fastest results.

2.     In order to ingrain each of these laws into your personality, it may help to work on mastering one law in your daily life per week in a sequential fashion.

3.     You can mix any of these laws together to create a concept that is even more powerful. Look through these laws again and use your imagination to figure out what two laws would change your life the fastest if you combined them and put them into action today. To start you off, how much would it impact your life, if you combined the “Going the Extra Mile” law with the “Definite Major Purpose” law.

 

 My Recommended Books

The books I most recommend from Napoleon Hill are:

• Think and Grow Rich
• The Master-Key to Success
• You Can Work Your Own Miracles

 

The Law of Success and Sell Your Way Through Life are also great books to consider. Find your passion and follow it do not let others destroy your dreams!! Read my post "Live Your Passion, May 2014"! 

 

"Knowledge is Acquired...but Applied Knowledge is Power,

Take Action Now = $$$$$$" quoted George R. Agard 

THE LATTE FACTOR

I was in LAS VEGAS and watching hundreds of people loosing money has lead me to this post. Author David Bach coined the phrase "the latte factor". The Latte Factor® is a idea that for all that extra money we spend daily on non essentials such as candy, bottled water, doughnuts, soda, cigarettes, newspapers, and yes, lattes is going to make us millionaires. He coined the term to reference the inordinate amount of money people waste on a daily basis, and when saved could literally make you a millionaire. The Latte Factor® came out of observing a majority of Americans who live paycheck to paycheck, who are wasting their opportunity to become financially independent. Watching these gamblers describes to me how consumers fall into the trap of wasteful spending.

Your own Latte Factor— can be anything — daily lunches or dinners out, weekly manicures, even unneeded cable and Internet services, or excessive use of utilities. By trimming the “fat,” people can sock away money in more easily digestible chunks. You should decide a percentage of each pay check to save, say 10%. Bach first recognized the Latte Factor® when advising a woman who felt that she could not afford to save money. After doing a daily assessment of her spending habits, he determined that her Latte Factor® was costing her hundreds of dollars a year. Let's do your daily assessment!

Calculating the Latte Factor— is simple: $5 US Dollars (USD) per day, multiplied by seven days a week adds up to $35 USD. Multiply that weekly, which adds up to $150 USD per month (based on 30 days). That adds up to $1,855 USD per year, which, although a nice chunk of change, is relatively unimpressive. Now, if you invest that same $5 USD per day at an average 10% return, you will have saved $948,611 USD in 40 years. If you start in your twenties, by retirement, you will have a nice nest egg stashed away.

David Bach has built an empire on advising normal people and there is nothing complicated or fancy about his advice, just simple, doable steps that anyone can take to improve their financial outlook. He has authored several bestsellers including The Automatic Millionaire Homeowner, Start Late Finish Rich, Smart Women Finish Rich and Smart Couples Finish Rich. I encourage you to read some of his works!

Let us also look at what we waste in purchases of items we don't need or impulsively purchase. Do we need new, can we buy items used? What about recycling old unwanted items....have a garage sale, equals cash! Change your financial out look by planning. Plan for your savings and work your plan! The road to wealth is really in how you spend your earnings! 

What is your "Latte Factor"??