Think and Grow Rich Ch. 1-3 Flashcards

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Questions and Answers

What are the 5 parts of the stick figure?

  • Feelings (correct)
  • Actions (correct)
  • Results (correct)
  • Thought (correct)
  • Vibration (correct)

Who thought his way into partnership with Thomas A. Edison?

Edwin C. Barnes

What were the two difficulties that stood in Barnes' way to working with Edison?

  • He did not know Edison (correct)
  • He was too young
  • He did not have enough money to pay his railroad fare (correct)
  • He did not have the required skills

How much did Darby and his uncle sell the mining machinery for?

<p>A few hundred dollars</p> Signup and view all the answers

How far were they from the 'vein'?

<p>3 feet</p> Signup and view all the answers

Why was the junk man able to take millions of dollars in ore from the mine instead of Darby and his uncle?

<p>The junk man was smart enough to seek expert counsel before giving up</p> Signup and view all the answers

What did Darby go into business for after the gold mine failure?

<p>Selling life insurance</p> Signup and view all the answers

How much did Darby earn annually selling life insurance?

<p>Over a million dollars</p> Signup and view all the answers

Failure comes to those who indifferently allow themselves to become ______ conscious.

<p>failure</p> Signup and view all the answers

Success comes to those who become _____ conscious.

<p>success</p> Signup and view all the answers

What is the starting point of all achievement?

<p>Desire</p> Signup and view all the answers

How long did it take before the chance Barnes had been seeking for made its appearance?

<p>15 years</p> Signup and view all the answers

What was the name of the merchant who decided to stay and rebuild the remains of his store after the great Chicago fire?

<p>Marshall Field</p> Signup and view all the answers

Who created the 6 Ways to Turn Desires into Riches?

<p>Andrew Carnegie</p> Signup and view all the answers

Who initially scrutinized the 6 Ways and then gave their stamp of approval?

<p>Thomas Edison</p> Signup and view all the answers

What is the quality which one must possess to win?

<p>Definiteness of purpose</p> Signup and view all the answers

Every failure brings with it _____________________?

<p>the seed of an equivalent success</p> Signup and view all the answers

How many times did Thomas Edison have to fail before succeeding in creating the electric lamp?

<p>More than 10,000 times</p> Signup and view all the answers

The turning point in the lives of those who succeed usually comes at what moment?

<p>At the moment of some crises</p> Signup and view all the answers

What is the subtitle for Chapter Faith?

<p>The second step toward riches</p> Signup and view all the answers

Repetition of affirmation of orders to your _____________ is the only known method of voluntary development of the emotion of faith.

<p>subconscious mind</p> Signup and view all the answers

______ which have been emotionalized and mixed with _____, begin immediately to translate themselves into their physical equivalent or counterpart.

<p>Thoughts, faith</p> Signup and view all the answers

________ is the starting point of all accumulation of riches!

<p>Faith</p> Signup and view all the answers

The emotions, or the _____ portion of thoughts, are the factors which give thoughts vitality, life and action.

<p>feeling</p> Signup and view all the answers

A mind dominated by ______, becomes a favorable abode for the state of mind known as faith.

<p>positive emotions</p> Signup and view all the answers

Who heads the list of people that employed the power of faith?

<p>Gandhi</p> Signup and view all the answers

What is the first business skill listed?

<p>Proconsumership (B)</p> Signup and view all the answers

What is the second business skill listed?

<p>Prospecting (C)</p> Signup and view all the answers

What is the third business skill listed?

<p>Inviting (C)</p> Signup and view all the answers

What is the fourth business skill listed?

<p>Opening (D)</p> Signup and view all the answers

Flashcards

Success Components

The five aspects of success: Thought, Feelings, Vibration, Actions, Results.

Edwin C. Barnes' Achievement

Partnered with Thomas Edison through persistent thoughts, despite challenges.

Barnes' Initial Obstacles

Lack of direct contact and insufficient funds during initial attempts.

Darby's Mining Failure

Sold mining machinery for a few hundred dollars due to giving up too soon.

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The Junk Man's Success

He sought expert advice, leading to success in ore extraction.

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Darby's Insurance Career

Transitioned to life insurance, earning over a million dollars annually.

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Indifference's Consequence

Results in failure, highlighting the importance of a success-oriented mindset.

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Consciousness of Success

Achievement comes from actively focusing and believing in success.

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Desire's Role

The essential starting point for all accomplishment.

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Barnes' Persistence

It took many years before the opportune moment arose.

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Marshall Field's Resilience

Resilience in the face of destruction. Rebuilt his store after a fire.

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Carnegie's Method

Developed six methods to transform aspirations into material wealth.

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Definiteness of Purpose

It's essential for achieving aspirations and goals.

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Equivalent Success

Failures contain hidden seeds of progress.

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Edison's Persistence

Demonstrated persistence through repeated attempts.

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Crisis as Turning Point

Successful individuals often experience major breakthroughs in times of adversity.

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Faith

Belief in achieving your desires.

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Affirmative Repetition

Reinforce beliefs implanted in the subconscious.

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Emotionalized Thoughts

Intense thoughts become reality.

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The Importance of Faith

The base to build prosperity

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Emotions' Vital Role

They are key to transforming intentions into reality.

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Positive Mindset

The right environment to nurture beliefs.

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Gandhi's Faith

An example of using belief to your advantage

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Proconsumership

Know your target market

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Prospecting

Identify clients who need guidance.

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Inviting

Make a customer feel welcome

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Openings

A good way to start a sale.

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Study Notes

Key Concepts from "Think and Grow Rich" Chapters 1-3

  • Five essential components of success represented as a stick figure: Thought, Feelings, Vibration, Actions, and Results.
  • Edwin C. Barnes is noted for his determination in partnering with Thomas Edison through strong thoughts.
  • Barnes faced two major challenges: lacking direct contact with Edison and insufficient funds for transportation to Edison’s location in Orange, NJ.
  • Darby and his uncle sold their mining machinery for only a few hundred dollars.
  • They were just 3 feet away from finding the gold vein when they stopped digging.
  • A junk man succeeded in extracting valuable ore due to his decision to seek expert advice, unlike Darby and his uncle who gave up.
  • Following the failure in mining, Darby transitioned to a career in life insurance sales.
  • Darby achieved significant success by earning over a million dollars annually in life insurance sales.
  • Indifference towards circumstances results in failure, emphasizing the need for awareness of one’s mentality.
  • Success is achieved by becoming conscious of success itself.
  • Desire is established as the foundational starting point for all forms of achievement.
  • It took Barnes 15 years of persistence before he finally encountered the opportunity he had been waiting for.
  • Marshall Field chose to rebuild his store after the destructive Chicago fire, demonstrating resilience.
  • Andrew Carnegie is credited with developing the six methods to convert desires into riches.
  • Thomas Edison initially evaluated Carnegie’s methods and lent his approval.
  • A key quality necessary for success is having a definiteness of purpose.
  • Each failure harbors potential for equivalent success, suggesting a learning opportunity in setbacks.
  • Thomas Edison famously failed over 10,000 times before successfully inventing the electric lamp.
  • Significant turning points in successful individuals generally occur during moments of crisis.
  • The concept of Faith is introduced as the second step toward accumulating wealth.
  • Affirmative repetition to influence the subconscious mind is pivotal for nurturing faith.
  • Emotionalized thoughts mixed with faith can manifest as physical reality.
  • Faith is identified as the fundamental starting point for wealth accumulation.
  • Emotions or the feeling aspect of thoughts are vital for energizing intentions into action.
  • A mindset filled with positive emotions creates an environment conducive to fostering faith.
  • Gandhi stands out as a prominent figure who effectively harnessed the power of faith.
  • Ten essential business skills are introduced, beginning with: Proconsumership, Prospecting, Inviting, and Opening.

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