MASTER MIND PRINCIPLE BY NAPOLEON HILL

The Mastermind Principle: Extract taken from Napoleon Hill's, Think and Grow Rich:

You have learned that everything man creates or acquires, begins in the form of DESIRE, that desire is taken on the first lap of its journey, from the abstract to the concrete, into the workshop of the IMAGINATION, where PLANS for its transition are created and organized.

In Chapter two, you were instructed to take six definite, practical steps, as your first move in translating the desire for money into its monetary equivalent. One of these steps is the formation of a DEFINITE, practical plan, or plans, through which this transformation may be made. You will now be instructed how to build plans which will be practical, viz:—

· (a) Ally yourself with a group of as many people as you may need for the creation, and carrying out of your plan, or plans for the accumulation of money— making use of the "Master Mind" principle described in a later chapter. (Compliance with this instruction is absolutely essential. Do not neglect it.)

· (b) Before forming your "Master Mind" alliance, decide what advantages, and benefits, you may offer the individual members of your group, in return for their cooperation. No one will work indefinitely without some form of compensation. No intelligent person will either request or expect another to work without adequate compensation, although this may not always be in the form of money.

· (c) Arrange to meet with the members of your "Master Mind" group at least twice a week, and more often if possible, until you have jointly perfected the necessary plan, or plans for the accumulation of money.

· (d) Maintain PERFECT HARMONY between yourself and every member of your "Master Mind" group. If you fail to carry out this instruction to the letter, you may expect to meet with failure. The "Master Mind" principle cannot obtain where PERFECT HARMONY does not prevail.

Keep in mind these facts:—

· First. You are engaged in an undertaking of major importance to you. To be sure of success, you must have plans which are faultless.

· Second. You must have the advantage of the experience, education, native ability and imagination of other minds. This is in harmony with the methods followed by every person who has accumulated a great fortune.

No individual has sufficient experience, education, native ability, and knowledge to insure the accumulation of a great fortune, without the cooperation of other people. Every plan you adopt, in your endeavor to accumulate wealth, should be the joint creation of yourself and every other member of your "Master Mind" group. You may originate your own plans, either in whole or in part, but SEE THAT THOSE PLANS ARE CHECKED, AND APPROVED BY THE MEMBERS OF YOUR "MASTER MIND" ALLIANCE.

If the first plan which you adopt does not work successfully, replace it with a new plan, if this new plan fails to work, replace it, in turn with still another, and so on, until you find a plan which DOES WORK. Right here is the point at which the majority of men meet with failure, because of their lack of PERSISTENCE in creating new plans to take the place of those which fail.

The most intelligent man living cannot succeed in accumulating money— nor in any other undertaking— without plans which are practical and workable. Just keep this fact in mind, and remember when your plans fail, that temporary defeat is not permanent failure. It may only mean that your plans have not been sound. Build other plans. Start all over again.

Thomas A. Edison "failed" ten thousand times before he perfected the incandescent electric light bulb. That is— he met with temporary defeat ten thousand times, before his efforts were crowned with success.

General Colin L Powell Best advice

"Once you've got something that you like, something you're good at, then do it for all it's worth. Be the very best you can be. Let nothing deter you, let nothing stand in your way, and go for it."

Oprah Winfrey Power of VISUALIZATION

"I was raised on a farm with my grandmother for the first six years of my life -- I knew somehow that my life would be different and it would be better. I never had a clear cut vision of what it was I would be doing. I remember absolutely physically feeling it at around four years old. I remember standing on the back porch -- it was a screened-in porch -- and my grandmother was boiling clothes because, you know, at that time, we didn't have washing machines, and so people would, you know, physically boil clothes in a great big iron pot. She was boiling clothes and poking them down. And I was watching her from the back porch, and I was four years old and I remember thinking, "My life won't be like this. My life won't be like this, it will be better." And it wasn't from a place of arrogance, it was just a place of knowing that things could be different for me somehow. I don't know what made me think that."

"I truly believe that thoughts are the greatest vehicle to change power and success in the world. Everything begins with thoughts. The chair that we are sitting in, the room that we are in, all started because somebody thought it"

Billionaire Carlos Slim Best Advice

"I believe in circumstances, and I think that you make your own destiny, but your own destiny depends on the circumstances, and that in some way, you can say that circumstances take you to some destiny, but I believe in the freedom to create your own future. Because if it's not there, it's another place, but you will find it. "

" if you're in business you need to understand the environment. You need to have a vision of the future, and for that you need to know the past. That is very important. But also, on the personal side. A businessman cannot be only business. You need to have more interests. Life offers a lot of interests, many things to know, to learn, to feel, to live."

"You remember in the Bible, Joseph makes an interpretation of the dreams of the Pharaoh, and he says, "You will have seven years of fat cows and then seven years of starving cows. So in the years of the fat cows, let's save grain for the years of the skinny cows." That means, in the new economy, the fat cows are superávit (surplus) and the starving cows are the deficit."

"it's a social responsibility to make wealth produce more wealth, for at the end of the day it will go to society."