In this week’s episode we are discussing the principles of think and grow rich, how we can apply them in our lives, and how I am starting the journey of financial freedom using these principles as a START HERE button to commence the voyage.

On the show I briefly mention some financial influences such as Mr Money Mustache who is a key influencer in the FIRE Movement, which stands for Financial Independence Retire Early.

We discuss the book Think and Grow Rich which can be found here. If you are, like me, interested in cultivating financial freedom in your life, this is where I am starting my journey and I am not alone. Far more successful people, such as Tony Robbins or Jim Carey have also started their journeys using the principles found in this book.

The key principles mentioned in the book are as follows:

6 practical Steps towards achieving success:

1. Fix your mind on the exact amount of money you desire. Definiteness is important.
2. Determine exactly what you intend to give in return for the money. There is no such think as something for nothing!!!
3. Establish a definite date when you intend to possess the money you desire.
4. Create a definite plan for the obtaining the money you desire and begin at once, whether you are ready or not to put this plan into action.
5. Write out a clear, concise statement of the money you intend to desire, name the time-limit for it’s acquisition, state what you intend to give in turn for the money and describe clearly the plan for which you intend to accumulate it.
6. Read your written statement out loud twice daily. Once 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. 

Now in order to do these things you need to also have a degree of self-confidence. I can tell you now that that is an area that has been a huge pain point for me, cultivating self-confidence, right?
So – Napolean Hill’s formula goes like this:

SELF CONFIDENCE FORMULA

1. I know that I have the ability to achieve the object of my definite purpose in life; therefore I DEMAND of myself persistent, continuous action toward its obtainment and I here and now PROMISE to render such an action.
2. I realise the dominating thoughts of my mind will eventually reproduce themselves in outward physical action and gradually transform themselves into physical reality therefore I will concentrate my thoughts for 30 minutes daily upon the task of thinking of the person I intend to become thereby creating a CLEAR MENTAL PICTURE OF THAT PERSON.
3. I know through the principle of AUTOSUGGESTION any desire which i persistently hold in my mind will eventually seek expression through some practical means of obtaining the object back of it. Therefore I will devote 10 minutes daily of demanding of myself the development of self confidence. 
4. I have clearly written down a description of my definite chief aim in life and I will never stop trying until I have developed sufficience of confidence for its attainment
5. I fully realise that no wealth or position can long endure unless built upon truth and justice, therefore I will engage in no transaction that does not benefit all whom it affects. I will succeed by attracting the forces I wish to use and the cooperation of other people. I will induce others to serve me because of my willingness to serve others. I will eliminate envy, hatred, jealousy, selfishness and cynicism by developing love for all of humanity because I know that a negative attitude toward others can never bring me success. I will cause others to believe in me because I will believe in them and in myself. 
6. I will sign my name to this formula, commit it to memory and repeat it once per day will full faith that it will gradually influence my thoughts and actions so that I will become a self-reliant and successful person.

and then there is mentioned in here the power of AUTOSUGGESTION.

The law of AUTOSUGGESTION

Those who go down in defeat do so because of negative application of the law of autosuggestion. All impulses of thought have a tendency to clothe themselves in their physical equivalent. The subconscious mind, the chemical laboratory in which all thought impulses are combined and made ready for transmutation into physical reality, makes no distinction between constructive and un-constructive thought impulses. 

If you want to delve into the depths of Think and Grow Rich I recommend borrowing the book or follow an influencer who is already obsessed with the topic like James Whittaker – you can check him out here.