Friday, April 27, 2012

The Alex Project: Laws of Success "The Habit of Saving"

“The Habit of Saving”

In the fourth lesson in his book Law of Success, Napolean Hill discusses the “Habit of Saving”. It is clear that humans are naturally creatures of habit, for when someone forms a habit it becomes a part of their everyday life. Therefore, Hill explains that one must make a habit of saving, which will result in saving becoming an integral part of one becoming successful.

However, one characteristic that a majority of people have is the lack of making a habit of saving, and instead making a habit of spending. Hill discusses that this habit of spending has resulted in many people spending more than they earn, thus making it impossible to build up any form of savings over a period of time. It is crucial to live within your means until you have accumulated enough capital to begin using some of it recreationally.

Nevertheless, no matter how much you are earning at any given time, Hill suggests that you set aside 20% of your income in a savings account. This number will gradually build up until you have established financial independence, and the fear of debt will not be present in your mind.

The Alex Project: Laws of Success "The Habit of Saving"



“The Habit of Saving”


            In the fourth lesson in his book Law of Success, Napolean Hill discusses the “Habit of Saving”. It is clear that humans are naturally creatures of habit, for when someone forms a habit it becomes a part of their everyday life. Therefore, Hill explains that one must make a habit of saving, which will result in saving becoming an integral part of one becoming successful.

However, one characteristic that a majority of people have is the lack of making a habit of saving, and instead making a habit of spending. Hill discusses that this habit of spending has resulted in many people spending more than they earn, thus making it impossible to build up any form of savings over a period of time. It is crucial to live within your means until you have accumulated enough capital to begin using some of it recreationally.

Nevertheless, no matter how much you are earning at any given time, Hill suggests that you set aside 20% of your income in a savings account. This number will gradually build up until you have established financial independence, and the fear of debt will not be present in your mind.  

Monday, April 23, 2012

The Alex Project Part 3 - Self Confidence

Self-Confidence


In his third lesson in The Law of Success, Napolean Hill discusses the idea of “Self-Confidence.” According to Hill, fear is the primary reason that a person falls into failure and poverty. As a result of this idea, a person who can master fear will be successful. A person can work on developing self-confidence by eliminating these fears, which include a fear of poverty, old age, criticism, loss of love of someone, ill health, or of death. In order to master these fears and eliminate them from one’s subconscious, you must work on obtaining mass amounts of organized knowledge. Ignorance and fear are a pair that go hand-in-hand, therefore if ignorance is eliminated, fear is eliminated as well. Self-confidence is a trait which can be developed over time, but is not sufficiently improved until you truly believe Napolean Hill when he writes, “You can do it if you believe you can.”

The Alex Project Part 3 - Self Confidence



Self-Confidence


            In his third lesson in The Law of Success, Napolean Hill discusses the idea of “Self-Confidence.” According to Hill, fear is the primary reason that a person falls into failure and poverty. As a result of this idea, a person who can master fear will be successful. A person can work on developing self-confidence by eliminating these fears, which include a fear of poverty, old age, criticism, loss of love of someone, ill health, or of death. In order to master these fears and eliminate them from one’s subconscious, you must work on obtaining mass amounts of organized knowledge. Ignorance and fear are a pair that go hand-in-hand, therefore if ignorance is eliminated, fear is eliminated as well. Self-confidence is a trait which can be developed over time, but is not sufficiently improved until you truly believe Napolean Hill when he writes, “You can do it if you believe you can.” 

Tuesday, April 10, 2012

“A Definite Chief Aim”

The second of Napoleon Hill’s lessons in Law of Success is referred to as “A Definite Chief Aim”, which is exactly what Hill is instructing the reader to find. Hill repeatedly urges the reader to discover his or her natural talents, and to organize, coordinate, and put into use the knowledge gained from experience.

The primary cause of failure in life is to have no definite chief aim, without any attainable goals or plans to accomplish these goals. By finding your “definite chief aim” or “definite chief purpose” in life, Hill argues that this idea will be strongly embedded in the subconscious mind. That is, the idea of accomplishing your “definite chief aim” will soon transform from dream into reality.

What Hill emphasizes the most in this lesson is not just finding your “definite chief aim”, but writing both this idea and the ways that you will accomplish it down somewhere so that you will see it day after day. The result is that this will continue to keep the “definite chief aim” fresh on the mind almost at all times, until it is no longer a fantasy.

Hill closes his second lesson by explaining to the reader that the final step of the “definite chief aim”, which occurs after one has written both the aim and the ways that it will be accomplished, is to find an alliance. This alliance is meant as a support system for your “definite chief aim”, containing people who will cooperate with you in carrying out plans to achieve your goal. Therefore, this alliance should contain people such as a spouse, mother, father, brother, sister, or extremely close friend, who would only bring positivity and confidence in helping you attain your “definite chief aim”.
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The Alex Project Part 2 - "A Definite Chief Aim"




“A Definite Chief Aim” 

The second of Napoleon Hill’s lessons in Law of Success is referred to as “A Definite Chief Aim”, which is exactly what Hill is instructing the reader to find. Hill repeatedly urges the reader to discover his or her natural talents, and to organize, coordinate, and put into use the knowledge gained from experience. The primary cause of failure in life is to have no definite chief aim, without any attainable goals or plans to accomplish these goals. By finding your “definite chief aim” or “definite chief purpose” in life, Hill argues that this idea will be strongly embedded in the subconscious mind. That is, the idea of accomplishing your “definite chief aim” will soon transform from dream into reality. What Hill emphasizes the most in this lesson is not just finding your “definite chief aim”, but writing both this idea and the ways that you will accomplish it down somewhere so that you will see it day after day. The result is that this will continue to keep the “definite chief aim” fresh on the mind almost at all times, until it is no longer a fantasy. Hill closes his second lesson by explaining to the reader that the final step of the “definite chief aim”, which occurs after one has written both the aim and the ways that it will be accomplished, is to find an alliance. This alliance is meant as a support system for your “definite chief aim”, containing people who will cooperate with you in carrying out plans to achieve your goal. Therefore, this alliance should contain people such as a spouse, mother, father, brother, sister, or extremely close friend, who would only bring positivity and confidence in helping you attain your “definite chief aim”.