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Unformatted text preview: nization was provided with the steel mills that gave it ﬁnancial
stability was created in the mind of the same man. His FAITH, his DESIRE, his
IMAGINATION, his PERSISTENCE were the real ingredients that went into
United States Steel. The steel mills and mechanical equipment acquired by the
corporation, AFTER IT HAD BEEN BROUGHT INTO LEGAL EXISTENCE, were
incidental, but careful analysis will disclose the fact that the appraised value of
the properties acquired by the corporation increased in value by an estimated SIX
HUNDRED MILLION DOLLARS, by the mere transaction which consolidated
them under one management.
In other words, Charles M. Schwab’s IDEA, plus the FAITH with which he conveyed it to the minds of J. P. Morgan and the others, was marketed for a proﬁt of
approximately $600,000,000. Not an insigniﬁcant sum for a single IDEA!
What happened to some of the men who took their share of the millions of dollars of proﬁt made by this transaction, is a matter with which we are not now
concerned. The important feature of the astounding achievement is that it serves
as unquestionable evidence of the soundness of the philosophy described in this
book, because this philosophy was the warp and the woof of the entire transaction. Moreover, the practicability of the philosophy has been established by the
fact that the United States Steel Corporation prospered, and became one of the
richest and most powerful corporations in America, employing thousands of people, developing new uses for steel, and opening new markets; thus proving that
the $600,000,000 in proﬁt which the Schwab IDEA produced was earned.
RICHES begin in the form of THOUGHT! The amount is limited only by the person in whose mind the THOUGHT is put into motion. FAITH removes limitations!
Remember this when you are ready to bargain with Life for whatever it is that you
ask as your price for having passed this way. Remember, also, that the man who
created the United States Steel Corporation was practically unknown at the time.
He was merely Andrew Carnegie’s “Man Friday” until he gave birth to his famous
IDEA. After that he quickly rose to a position of power, fame, and riches. 56 NAPOLEON HILL THINK AND GROW RICH THERE ARE NO LIMITATIONS TO THE MIND EXCEPT THOSE WE
BOTH POVERTY AND RICHES ARE THE OFFSPRING OF THOUGHT 57 NAPOLEON HILL THINK AND GROW RICH Chapter 4
AUTO-SUGGESTION: THE MEDIUM FOR INFLUENCING THE
The Third Step toward Riches
AUTO-SUGGESTION is a term which applies to all suggestions and all self-administered stimuli which reach one’s mind through the ﬁve senses. Stated in
another way, auto-suggestion is self-suggestion. It is the agency of communication between that part of the mind where conscious thought takes place, and that
which serves as the seat of action for the subconscious mind. Through the dominating thoughts which one permits to remain in the conscious mind, (whether
these thoughts be negative or positive, is immaterial), the principle of auto-suggestion volun...
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This note was uploaded on 11/13/2012 for the course ACCOUNTING 225 taught by Professor Austin during the Spring '12 term at American.
- Spring '12