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Unformatted text preview: 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.
Temporary defeat should mean only one thing, the certain knowledge that there
is something wrong with your plan. Millions of men go through life in misery and
poverty, because they lack a sound plan through which to accumulate a fortune.
Henry Ford accumulated a fortune, not because of his superior mind, but because
he adopted and followed a PLAN which proved to be sound. A thousand men
could be pointed out, each with a better education than Ford’s, yet each of whom
lives in poverty, because he does not possess the RIGHT plan for the accumulation of money. 91 NAPOLEON HILL THINK AND GROW RICH Your achievement can be no greater than your PLANS are sound. That may seem
to be an axiomatic statement, but it is true. Samuel Insull lost his fortune of over
one hundred million dollars.
The Insull fortune was built on plans which were sound. The business depression
forced Mr. Insull to CHANGE HIS PLANS; and the CHANGE brought “temporary defeat,” because his new plans were NOT SOUND. Mr. Insull is now an old
man, he may, consequently, accept “failure” instead of “temporary defeat,” but if
his experience turns out to be FAILURE, it will be for the reason that he lacks the
ﬁre of PERSISTENCE to rebuild his plans.
No man is ever whipped, until he QUITS-in his own mind. This fact will be repeated many times, because it is so easy to “take the count” at the ﬁrst sign of
James J. Hill met with temporary defeat when he ﬁrst endeavored to raise the
necessary capital to build a railroad from the East to the West, but he, too turned
defeat into victory through new plans.
Henry Ford met with temporary defeat, not only at the beginning of his automobile career, but after he had gone far toward the top. He created new plans, and
went marching on to ﬁnancial victory.
We see men who have accumulated great fortunes, but we often recognize only
their triumph, overlooking the temporary defeats which they had to surmount
NO FOLLOWER OF THIS PHILOSOPHY CAN REASONABLY EXPECT TO ACCUMULATE A FORTUNE WITHOUT EXPERIENCING “TEMPORARY DEFEAT.” When defeat comes, accept it as a signal that your plans are not sound,
rebuild those plans, and set sail once more toward your coveted goal. If you give
up before your goal has been reached, you are a “quitter.”
A QUITTER NEVER WINS-AND-A WINNER NEVER QUITS.
Lift this sentence out, write it on a piece of paper in letters an inch high, and place
it where you will see it every night before you go to sleep, and every morning before you go to work.
When you begin to select members for your “Master Mind” group, endeavor to
select those who do not take defeat seriously. Some people foolishly believe that 92 NAPOLEON HILL THINK AND GROW RICH only MONEY can make money. This is not true! DESIRE, tr...
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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