Think and Grow Rich - Chapter 7

Principle 1: Organized Planning

By organized planning, the author of the book points out that a significant amount of time must be invested in planning in order to make the plan 'faultless'. However, even if the plan fails for one reason or another, the individual must reflect and learn from that mistake to create a better plan next time, but more importantly, the individual must be persistent. 

Remember the discussion on persistence in Chapter 4. 

Also, just like Einstein (who is arguably considered by the world as one of the smartest people to ever live) pointed out, 'It's not that I am so smart, it's just that I stick with problems longer'. Consequently, when your plan fails because of a problem, stick with that problem until you find a solution. 

Napoleon continues to comment on the attributes that a great leader ought to have. This is a fascinating discussion unfolding from pages 110 onward. Additionally, the importance of studying history becomes significant again in the book, since intelligent examples are provided from leaderships by force instead of leaderships by consent. Therefore, looking at these historical examples, it is easy to realise that indeed, leadership by consent is the ideal approach for any type of leadership. It is the opinion of this author that it is human nature that people will eventually oppose something that is forced upon them. 

Another interesting discourse unfolding in the book, is the one with the abbreviation 'QQS.' By QQS, Napoleon Hill states that for proper sales purposes, Quality, Quantity and Spirit are the greatest recipe. This is even more true today than in the 1930s. Consider the fact that we live in an era where content marketing is everywhere and therefore, the ideal approach for any one individual to market his/hers services, would be to provide/produce Quality, Quantity along with the Spirit of adding value to the consumer and working with a spirit of kindness and harmony. This notion is widely advocated by Gary Vaynerchuk. 

Subsequently, again the importance of education is stressed and the fact that 'brains' is more important than money. This is because 'brains' can never be stolen and neither can they depreciate in value in an economic downturn, a recession or a depression. 

Additionally, analyse the 30 major causes of failure in life provided in page 127 onward and figure out which are the ones that are holding you back. After you identify the causes of failure in your life, work relentlessly to try and rectify them.