In this post, I’m going to give you Napoleon Hill’s formula to get rich as outlined in Think And Grow Rich. I have simplified it down to 5 steps that anyone can use to become wealthy.
Step 1: Start With A Burning Desire
You will need to have a burning desire to become wealthy. We are talking about a red hot desire, that drives you to take massive action. Once you have this kind of desire, you will definitely achieve your goal of becoming rich.
Your desire will keep you motivated and committed towards taking the actions that are necessary to make you wealthy. You cannot become rich unless you have a burning desire to become rich.
Most people will say that they want to become rich, but that statement is mostly wishy washy. The desire is usually not strong enough, they are most likely stuck in their comfort-zone.
A strong desire usually builds up once something major happens in peoples lives. Sometimes you need to hit rock bottom to spark that burning desire that has remained dormant for ages.
Sometimes that desire is sparked by the realization of the future that awaits unless something major is done to avert the course your life is taking. Once you realize that destiny really favours the bold, you will take bold actions to transform your financial destiny.
The comfort-zone can transform kings into beggars, it is responsible for many shattered dreams. It is responsible for many wasted lives, and many unfulfilled existences.
Everything that we truly desire is to be found beyond the comfort-zone. If your desire is strong enough it will push you out of the comfort-zone. If your desire is weak, it will draw you back deeper into the comfort-zone.
When you possess a burning desire, you have already burnt the bridges that connect you to the comfort-zone. You are ready to make progress towards your goal, their is no return back to the comfort-zone!
Step 2: Have Faith In Your Ability To Get Rich
Once you have a burning desire to become rich, you need to back it up with faith. You need to believe 100% that you are going to become rich. There should be no doubt in your mind, you need to know that you are going to achieve your goal of becoming wealthy.
When your faith is strong enough, you will feel as though you are already in the possession of the goal that you desire. If your faith is weak, you will fall at all obstacles. If your faith is strong, you will always find a way around any obstacle that is palace in the path leading to your goal.
Your ability to believe in yourself is the driving force that will come to your aid on the way to accomplishing your goal. You will be tested many times on the path that leads to your goal. Your old subconscious programming will try and keep you within your comfort-zone. Your faith in your abilities will enable you to reprogram your subconscious mind and replace your limiting beliefs with empowering beliefs.
You can boost your faith in yourself by following the autosuggestion techniques outlined in the next step.
Step 3: Use The Power Of Autosuggestion
The above steps (Step 1 & Step 2) are to do with the mindset. This step is a bridging the steps between the mental and the physical (action). This step involves taking action to increase your desire for wealth and also to increase the level of your belief in acquiring the money that you desire.
Your desire to become wealthy may decrease due to the lack of no money coming into your life. Your belief in your ability to acquire the desired amount of money you want will also decrease as you see no initial results.
You need to boost your desire and faith by using autosuggestion. You can do this by using affirmations and visualization. Speak out your desire of the amount of money that you require in positive tense.
If your desire is to earn a monthly passive income of over $5,000. You need to repeat something like the following: “I earn over $5,000 monthly in passive income from my online business”. Just repeating these words out loud will have a weak effect in programming your subconscious mind to increase your desire and faith.
You will need to add visualization to your affirmations to boost their power to influence your subconscious mind. When you are repeating your affirmation, visualize yourself in possession of the money you desire. You can imagine this money coming into your bank account and actually being used to pay for the things you desire.
When you are affirming and visualizing, you need to emotionalize it. You need to feel the excitement of the money landing into your bank account, feel the excitement of using it to buy the goods and services you want.
Affirmation (present tense) + Visualization (with feeling) ==> Boost your Desire + Faith
Repeat these affirmations infused with visualization and emotion as many times as you can. You should repeat them especially after waking up and just before you fall asleep. These are the best time to influence your subconscious mind.
Autosuggestion is a really powerful tool that you can use to transform your life. The most successful people in the world use it regularly!
You don’t need to tell others that you use affirmations. Just continue using them and let the results speak for themselves.
Step 4: Gain Specific Knowledge
If you have a burniging desire and a strong faith to back it up with, you can achieve any dream. If your goal is to build a monthly passive income of a specific amount. Initially, you may not know how to do it, but you can pick up the knowledge along the way.
My goal is to build a monthly passive income of over $5,000 using the internet. I did not know how to do it when I got started. I have a burning desire to do it and I believe 100% that I will be able to accomplish it in the next 12 months.
I am picking up the specific knowledge that I need to do it. I am gathering knowledge in the areas of mindset transformation, digital marketing, affiliate marketing, email marketing and network marketing.
My blogging knowledge is also improving and I am picking up knowledge on creating videos and learning social media marketing. Everyday I am building up my knowledge in the fields that will enable me to accomplish my desired goal.
Nobody starts out with the knowledge to enable them to accomplish their desired goal. They start with a burning desire, strong faith and the knowledge is picked up along the way.
You need to take the leap of faith, the knowledge, tools and techniques you require will show up along the way. Once you truly immerse yourself into a specific niche, you will gradually become an expert within that niche.
Initially the knowledge that you need feels as though it is scattered, but it all starts to fall into place as your knowledge builds up. The gaps in your knowledge get filled up and you start to understand how it all works.
Step 5: Persist Until You Succeed
Most people give up before they see any significant results. If you are looking to build a monthly passive income of over $5,000… you cannot give up after the fist month. You will not see any significant results within the first few months. It takes time to lay down the foundations of passive income.
I have given myself 12 months to build a monthly passive income of over $5,000 using LiveGood and Nexus Rewards. I got started on the 1st of January 2024. I’m writing this post on the 10th of January 2024, I’ve been on the passive income building journey for 10 days.
I am not going to give up due to a lack of results. I know that I will have to lay down the foundation for the next 100 days until I start seeing significant results.
I know that I will need to persist until I succeed. I have set a goal and I will not stop until I have achieved this goal. Every day I am motivated by my goal and have full faith that I will accomplish it.
If you want something bad enough, you need to make a commitment to persist until you succeed. Many people get involved with online income opportunities and give up before they even get started!
These people are driven by the “Get Rich Quick” mentality, they posses the instant gratification mindset. This mindset is responsible for giving real online income opportunities a bad reputation. I know that there are many shady online income opportunities out there, but the most common trait responsible for failure is the mindset.
The people that succeed in building passive income online are the ones that possess the delayed gratification mindset. They make a commitment, a promise to themselves that they will follow their action plan until they accomplish their desired income goal.
I cannot give you a specific figure of the monthly passive income that you will build up in the next 12 months, as it will depend on your level of desire, faith and the marketing actions that you are willing to take.
I have set my own goal of building a monthly passive income of over $5,000 using the specified opportunities. I am looking to work with people who are willing to make a commitment and believe in themselves.
There is a saying in martial arts “A Black Belt Is A White Belt Who Never Gave Up”. Don’t settle for a mediocre lifestyle, when life has so much more to offer.
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