University Of Success Ch 27

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Questions and Answers

What principle did Andrew Carnegie suggest could lead to personal success?

An educational approach to financial literacy

A magical law of wealth accumulation

A psychological method for motivation

A little-known psychological principle of the mind (correct)

What was Edwin C. Barnes' main goal when he approached Thomas Edison?

To become Edison's business associate (correct)

To sell a product he invented

To request a job as an engineer

To ask for financial assistance

How did Andrew Carnegie perceive the educational system in relation to earning a living?

It effectively prepares individuals for the workforce

It should focus more on financial education

It teaches skills of high value for wealth accumulation

It fails to provide practical skills for earning a living (correct)

According to Edwin C. Barnes, what distinguished his desire from a mere wish?

It was a keen and definite obsession Signup and view all the answers

What did Carnegie hope for regarding the teaching of his success formula?

That it would revolutionize education in public schools Signup and view all the answers

What was Barnes's key approach to achieving his goal of working with Edison?

He focused all his efforts on a single, definite desire. Signup and view all the answers

Which action did the warrior take to ensure success in battle?

He burned the ships to cut off retreat. Signup and view all the answers

What is the underlying principle emphasized for achieving financial success?

Desire needs to be transformed into a focused obsession. Signup and view all the answers

Which step is NOT part of the process for turning desires into financial success?

Tell others about your goals for accountability. Signup and view all the answers

What significant difference exists between Marshall Field and the other merchants after the Chicago fire?

Field decided to rebuild and was determined to succeed. Signup and view all the answers

What mindset is emphasized as essential for true belief?

Open-mindedness Signup and view all the answers

What does the author suggest about aiming high in life?

It requires the same effort as accepting misery. Signup and view all the answers

How did the father initially respond to the doctor's prediction about his son?

He challenged it and held a strong belief in his son's potential. Signup and view all the answers

What unusual principle did the father discover that aided his son’s ability to hear?

Bone conduction of sound Signup and view all the answers

What key concept did the father instill in his son regarding his lack of ears?

It provided him with special treatment from teachers. Signup and view all the answers

What motivated the son to start selling newspapers despite his mother's disapproval?

His father's encouragement and belief in him. Signup and view all the answers

What outcome was the father aiming to achieve by telling stories to his son?

To instill self-reliance and a desire to hear. Signup and view all the answers

What is the primary quality one must possess to succeed according to the six steps?

Definiteness of purpose Signup and view all the answers

Which of the following exemplifies a burning desire in relation to success?

A strong will to acquire wealth Signup and view all the answers

How did many successful individuals overcome their struggles?

Through introspection and realization of their potential Signup and view all the answers

What role does imagination play in accumulating wealth?

It is essential for recognizing and planning opportunities Signup and view all the answers

What tends to be the relationship between initial failures and eventual success?

Each failure carries the potential for a corresponding success. Signup and view all the answers

Which statement best describes the nature of dreams related to success?

They require action and belief to turn into reality. Signup and view all the answers

What lesson can be learned from historical figures like Beethoven and Helen Keller?

Great achievements often stem from significant challenges. Signup and view all the answers

What is often the misconception about the accumulation of wealth?

It can be achieved with minimal effort. Signup and view all the answers

Study Notes

Andrew Carnegie's Secret to Success

Andrew Carnegie, a successful industrialist, shared a powerful principle with Napoleon Hill, which formed the foundation for Hill's best-selling book "Think and Grow Rich."
Carnegie believed that traditional education wasn't effective for personal success, especially in accumulating wealth.
Carnegie's formula, if taught in schools, could revolutionize the educational system.

Edwin C. Barnes's Story of Success

Edwin C. Barnes, driven by a burning desire to work with Thomas Edison, persistently pursued his goal for five years.
He dedicated all his energy and effort to achieving his objective, making it his life's obsession and burning all bridges behind him.
Barnes's unwavering commitment, coupled with his meticulously crafted plan, led him to succeed in joining Edison's business.

The Importance of Burning Your Boats

Success requires a complete commitment and a willingness to burn all bridges, leaving no room for retreat.
This principle is illustrated by the story of a warrior who burned his ships, ensuring his soldiers’ complete dedication to winning the battle.
Marshall Field, a successful merchant, rebuilt his store after the Chicago fire, demonstrating his unshakeable determination.

Six Steps to Transmute Desire into Gold

Fix a Specific Amount of Money in Your Mind: Be clear about the exact sum of money you desire.
Clearly Define Your Exchange: Understand what you are willing to give in return for the desired money.
Set a Definite Date: Establish a specific date by which you expect to attain your financial goal.
Develop a Concrete Plan: Create a clear plan for achieving your financial objective and begin executing it immediately.
Write a Statement of Intent: Compose a written statement outlining your desired amount of money, timeframe, what you offer in exchange, and the plan for acquiring it.
Read Your Statement Repeatedly: Read your statement aloud twice daily, once before retiring and once after waking, visualizing yourself already in possession of the money.

Principles Worth $100 Million

Andrew Carnegie, a self-made multi-millionaire, validated these six steps, ensuring their effectiveness in acquiring wealth.
Thomas Edison, another successful innovator, also approved of these principles, supporting their application across various goals.

The Power of Dreams and Definite Purpose

The world is constantly in need of new ideas, inventions, and leaders, demanding those who possess a clear purpose and strong desire.
The greatest leaders in history harnessed the intangible forces of opportunity, converting them into tangible achievements.
Embrace the spirit of pioneers whose dreams have shaped civilization and never shy away from taking action, despite temporary setbacks.

The Impact of Desire and Belief

John Bunyan, imprisoned for his religious beliefs, wrote "Pilgrim's Progress," demonstrating the power of adversity to ignite creative potential.
O. Henry, confined in prison, discovered his literary talent, showcasing the transformative power of misfortune.
Charles Dickens, transitioning from a menial job to a renowned author, illustrated the impact of personal tragedy on artistic expression.
Helen Keller, overcoming severe disabilities, became a symbol of resilience and inspiration, defying limitations.
Robert Burns, a struggling poet, created beautiful works that enriched the world, proving the power of artistic expression transcending hardships.
Beethoven's deafness and Milton's blindness did not hinder their artistic achievements, showcasing the unwavering spirit of dreamers.
Readiness to receive something is contingent on the belief in acquiring it, requiring open-mindedness and faith to achieve.

Desire Transforms the "Impossible"

The author’s desire for his son to hear and speak, despite the lack of physical ears, led him to search for solutions and instill the same desire in his son.
The son’s self-guided exploration, particularly his affinity for music and phonographs, led to the discovery of the principle of bone conduction.
The father’s unwavering belief and his son’s receptivity to his unwavering belief transformed the son's life.

The Power of Belief and Positive Thinking

The father's unwavering belief in his son's potential and his positive programming transformed the son’s limitations into strengths.
The son's self-reliance, fueled by his father’s belief, culminated in his successful newspaper sales endeavor, defying his disability.
This story highlights the immense power of positive thinking and unwavering belief in achieving goals beyond one's perceived limitations.

The Power of Desire

The key to success is the power of desire, as seen in the author's son and renowned singer, Mme. Ernestine Schumann-Heink, who both defied the odds due to their unwavering drive.

Early Success and Ambition

The author's son, despite being deaf, demonstrated resourcefulness by earning money at a young age.
This instilled self-reliance and ambition in him.

A Breakthrough in Hearing

The author's son received a hearing aid that significantly improved his ability to hear.
This marked a turning point in his life, allowing him to experience a "changed world".

The “Deaf” Boy Helps Others

The author's son, inspired by his own experiences, felt compelled to help other deafened individuals.
He analyzed the marketing system of hearing aid manufacturers and created strategies to reach a wider audience.
This led him to a position where he could help others overcome their hearing challenges.

Desire Works Magic for a Singer

Mme. Ernestine Schumann-Heink, despite being discouraged by a director due to her appearance, was encouraged by her own desire and determination to succeed.
This unwavering focus earned her recognition and success.

The Power of Determination and Faith

The author witnessed the power of desire and faith to overcome physical limitations.
He believed that a burning desire, coupled with faith, can overcome obstacles and achieve seemingly impossible goals.

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Description

Explore the foundational success principles shared by Andrew Carnegie and the inspiring story of Edwin C. Barnes. Learn how unwavering commitment and a unique educational approach can redefine the path to wealth and success. This quiz delves into the mindset necessary for achieving your dreams.