Mercilessly spammed all over the Internet, the gibberish ads beckon suckers into clicking them with the promise of easy money for a negligible amount of work done from the comfort of your own room. Internet veterans have acquired a certain blind spot for them, but newbies might follow the given hyperlink, landing on a homepage with outrageously fake testimonials: “Jessica was homeless and now she makes millions of dollars every week!”.
At this point, even the newbies start to get suspicious, since the website goes to great lengths to avoid mentioning any specifics and uses the vaguest terms possible. Naturally, the answer to what this job actually entails is hidden behind a paywall, so if you would please input your credit card information in this form right here…
Lesson learned
You’ve certainly encountered these infamous advertisements and understand they are based on the idea of multi-level marketing. While there is some minute amount of cash to be gained by clicking ads or liking articles or whatever the case might be, the fastest way to make money is to entice others into joining the club through you, in which case you’ll get the percentage of their earnings.
The problem is that the person on top of the MLM pyramid gets something along the lines of 90% of all profits, while the remaining pitiful share is distributed between all other members within the organization. Though mathematically untenable in the long run, MLM schemes do however utilize a valid business principle, which is extraction of value.
MLM is based upon the fact that people generally trust what their friends recommend. An advertisement blaring from your TV even at triple the volume is easily ignored, but the same idea coming from your third cousin, twice removed, is actually worth considering. In this way, an MLM pyramid extracts value from the social connections its new members have.
Saturating the market
If we examine someone who buys and sells actual physical goods, it again comes down to extraction of value from the market. Let’s say a merchant realizes that people in one city have an unusual craving for strawberries, but the local soil isn’t favorable for their growth. So, he buys strawberries in another city for $1 a piece and sells them for as much as he wants, let’s say $1000 a piece, since he’s the only one satisfying the demand. That is, until others realize there is money to be made in doing the same thing and bring the price down.
Every attempt at extracting value from the market carries with it significant risk – strawberries tend to spoil quickly, the demand may suddenly disappear, crops can be lost to bad weather or pest infestations, the government can introduce a strawberry tax and so on.
On the other hand, MLM schemes are illegal and the most successful MLM organizers tend to eventually end up in jail for committing fraud. In other words, all entrepreneurial attempts require money and effort to be invested before you can even get a shot at earning your investment back, let alone make a profit.
To sum it up, the secret to becoming rich (acquiring wealth) comes down to two principles – minimizing risk and maximizing value extracted. Ironically, this means the secret to becoming rich cannot ever be given or sold to you, because somebody else is already using it and the market is tapped.
You must get an idea nobody thought of before or satisfy a market demand that nobody realizes exists without going into massive financial debt. Also, you should turn a profit before you start investing money into your idea. Is that even possible?
Strategies for thinking
Allow me to introduce you to a book titled “Think and Grow Rich.” Written by Napoleon Hill in 1937 and available for free as part of the public domain in PDF format here, the book asserts that you can become rich by thinking. Napoleon Hill describes this process as actually a bit more complex than the mere process of cognitive association we call “thinking” and says it consists of finding a group of open-minded individuals and freely discussing your ideas with them.
And that’s it – verbalizing your thoughts leads you to realizations of previously untapped sources of opportunity and ways to extract value out of them.
If we examine this process in the context of wealth principles I outlined above, we see that there is absolutely no risk in discussing your ideas with people who are receptive to them and there is no upper limit to the amount of value that can be extracted from your ideas. This process already exists under the label of brainstorming.
In fact, it is exactly what Napoleon Hill describes – a group of open-minded individuals sits at a table and freely verbalizes their ideas in search of a solution to any problem. The ideas are written down and read after the session ends, thus producing a completely novel solution.
The implication behind this book is that we are all under constant self-censorship and don’t dare speak about what we truly think for fear of ridicule. By finding a group of people who do not judge, but instead offer constructive criticism, we arrive at infinite personal wealth.
Does it really work? I can tell you that my greatest periods of personal growth came directly from independently arriving at the same conclusion Napoleon Hill mentions. Whether you want to try it is completely up to you.
Read More: I Will Teach You To Be Rich
Think and Grow Rich blew my fucking mind when I read it. I have actually purchased copies for friends it helped me so much. Think and Grow Rich is not just some dude’s ramblings about wealth. Andrew Carnegie tapped Napoleon Hill to interview all of his wealthy, captains of industry friends and business partners and write about what made them tick. The book covers everything even relationships and includes exercises to help reinforce PMA (positive mental attitude).
T&GR and How to Make Friends and Influence People are two essential books every man should read.
You know what, I have [email protected] and it was hard for me to read. Hard as in I felt silly. Like i was reading some mumbo jumbo. I want to go back and give it another shot but Im afraid Id be wasting my time.
Give it another shot. You probably got turned off by the whole “discover the secret to becoming wealthy” thing as its eerily similar to the all the bullshit ads we see today.
As you read deeper you begin to understand a little more. I took away two things from that book. The first is changing your mindset, when you think like everyone else opportunities just go right over your head. When you think differently you begin to see opportunities everywhere. The second is just good old fashioned perseverance. Until you’ve exhausted all possibilities don’t give up. Andrew Carnegie knew fuck all about steel yet he was able to become insanely rich off of it. The authors son was born with a hearing deficiency, by all rights he was pretty much doomed to failure from the start, yet he didn’t accept his condition laying down and grew up to introduce a hearing device for deaf people and make a fuck load of money doing it.
The Millionaire Mind and The Millionaire Next Door are two others I’d add to the list
They kind of shoot down the millionaire stereotype, but a lot of people are convinced that you can’t build wealth like that, largely because they don’t have a long term perspective and impulse control.
Agreed. What’s most impressive is the research he did behind it that clearly shows over and over that most people who have high net worths aren’t prolific spenders… they’re prolific savers. Work for yourself… save a lot… spend little… and don’t get caught up with trying to compete with the Jones’… and that’s all it really takes.
So true. Incidentally, I heard a feminist interviewed on NPR the other day talking about how women are 80% of spending in the USA. I just couldn’t help but thinking “Yeah, because men work hard for our money and we don’t part with it easily!”
It’s that damn patriarchy. I can say this… women do 0% of my spending 🙂
Very important, but you still can’t save your way to wealth. You need to make hay while the sun shines.
One minute, they’re proud of that statistic, the next they’re pissed when someone points it out.
The Pinkertons and Baldwin-Felts Detective Agencies made Andrew Carnegie rich.
I have read them both a few times. Great books.
Here is one strategy to grow rich. Some people say you need to run your own business, yet there are many business owners who are not “rich” and many people simply don’t desire the pressure of trying to make a fortune this way.
First define what you think is “rich”. Is $225K p.a. rich? For some no, for others yes. The point is, if you make the right choices (in education and work experience) you will be earning about this much in your early forties. And the salary will keep going up as you age. So in your early fifties you could be on twice this. Can you live on that? Probably.
The second part concerns not what is coming in but what is going out. So keep debts low. Don’t blow your money on expensive new cars or McMansions. Most people don’t know what “net worth” really is. It is your Assets less Liabilities. One of your Assets is your projected future income stream (i.e. that $225k p.a. over 20 years). If debts are low and income is high you will essentially be “rich” or at least rich enough.
For some people, waiting until their forties will not be soon enough. For them, the option of owning a business is still available. For me I say, its not about the length of the journey, its how much you enjoy it.
My definition of rich: freedom of time, decisions, action, and thought not constrained by the amount of assets one possess, and certainly not purely measured in dollars and cents.
I know this having started in real estate investing when I was 19. When I was young an naive, I thought rich meant millions of dollars. And I worked hard towards that goal for a while. But, that’s one definition of rich. And it’s a very shallow definition for sure. Sadly, it’s about the only definition of rich people really consider, and one most subscribe too.
However, what I REALLY WANTED when I was 19 was FREEDOM to do what I wanted to do, when I wanted to do it, without needing permissions from anyone to do it, and without relying on income from any source other than my own to pay for it. I achieved that without millions in the bank.
Now, if that freedom includes Ferrari’s and million dollar penthouse apartments, then of course you’re definition of rich is going to include millions of dollars. However, since I grew up and discovered I really didn’t want all that after all, my definition of rich is, as I stated above, freedom. That freedom I obtained over a decade ago when I retired from the software biz back in 2003 at the age of 36 to live off my real estate investments. My original goal was to be rich and retired at 30. But I’m not beating myself up for missing that goal by a few years, especially considering I was raising a family at the time, and that costs money!
Besides, the glamorous lifestyle can be rented for brief periods of time as desired without all the hassles, expense and worries of ownership. And, if you’ve got game, you don’t need to own shit, you just need women to think you do. Work on game rather than on accumulating a bunch of cash and flash to attract and lay women. When asked, I tell women, “I live in a van down by the river.” Which I do from time to time because it’s a great view of the Intercoastal and close to boating, fishing, and the beach.
The problem with rich, as merely measured in dollars, is that dollars lose value every minute of every day. Assets of real value (I prefer real estate) may keep up with inflation, but like dependent children require upkeep, feeding, maintenance, insurance and protection from hungry wolves (guberments, lawyers and would-be plaintiffs) who are constantly looking for ways to steal your wealth. Just worrying about protecting your riches will turn you into a pirate who just wants to bury his treasure on a deserted island somewhere, although there are none left in the world. If constant worry and concern over money and wealth and the future of the world aren’t wealth robbing more than death and taxes, then I don’t know what is.
So in my old age, and hopefully wisdom, I’ve found that living well on as little as possible so that you own nothing, yet posess everything is the real definition of riches. I can tell you that money comes and goes. But the man who is satisfied with what he has, and doesn’t have to work for more, is the one who is truly rich.
What kind of recommendations would you make in terms of education/work experience?
Education: stick to the “hard” subjects. Sciences, IT, Business, Accounting, Finance and Law. This will get you employed. If you like art, history and philosophy, look at this stuff in your spare time. It won’t get you a good job.
Find a job you can tolerate in the field you studied. If there are professional qualifications get them. They will pay you dividends down the road.
In this job, just keep plugging away, As your experience increases so will your salary. Depending on how hard you work, your salary will increase faster or slower. I have other things I like to do besides work but I am still looking at getting a great salary soon. Others, who worked harder when they were younger eclipsed a quarter mil salary before they hit 30. That’s up to you but for me, you cannot put a price on health and long hours (100 a week) will damage you.
Another related point. I must say in this world, it is madness for a man to buy a house. This is because it ties you to a location and a job (to pay the mortgage). It is risky. You lose your job, you lose your credit and your home. The government and/or your wife can take your home. And you still have to pay for it.
An important strategy for a man is this:
– get good qualifications that travel with you
– get multiple citizenships or rights to work in other countries.
– learn multiple languages in countries you’d like to work
– accrue no assets that you cannot hide or move (like a house)
– accrue assets outside of your home country that can be used to finance you in your new country.
In this situation, your wife cannot get your wealth if you divorce. Knowing this, she will be less likely to divorce because she is “unhappy”.
Be ready to leave the moment you feel the heat around the corner.
what would be some examples of qualifications that travel with you?
Also, would you purchase a car? you can move it..
Purchasing a car makes you *more* free and movable. Renting / leasing a car ties you to the financial industry, and again, to your job. So either buy a car or do without.
Medical and technical qualifications are pretty portable. Not so for legal field qualifications.
International professional qualifications like the CFA. Any “real” discipline, like physics, chemistry, Finance, IT, etc.
You can buy a car but you don’t need to move it. Get a good quality used car and sell it when you move. Buy another at your new location if you need it. You don’t really want to get into shipping your car (unless you are happy to drive it to the new country).
Actually law is pretty international as well. E.g. German law is used in many countries because it is one of the best law systems there is. Naturally, there are differences and you may still need to acquire a special degree if you move into a foreign country. I can imagine, however, that acquiring that degree would be much quicker with prior knowledge and that the foreign country might even acknowledge that you have prior knowledge by giving you a starting amount of credits. Even if there is zero acknowledgement of prior knowledge, usually you have the option to cram as many classes into a semester as possible, so you could still shorten the usual amount of time you would normally require. That being said, other skills are naturally way more useful. Englishbob already gave some good examples. Imho coding is something that is extremely useful, even if you end up never coding for your work. Coding teaches logical thinking and perseverence (debugging is very exhausting), which is an area where many people are lacking nowadays. Besides, IT is one of the economic areas that will be subject of tremendous growth during the next decades. Even if VR and AI won’t happen all that quickly, more and more processes will become subject to automization, hence requiring an increase in coding labour.
If you bought something that you could easily rent out if you had to, that’s less risky, even potentially profitable.
You can’t do this with a ten room mansion, but a one or two bedroom condo in the city center can be easy to rent out, letting some other guy pay your mortgage.
Yes you can do that although renting out property is a lot of work. If you buy one flat you are either wholly responsible for the maintenance (meaning you go there to fix the toilet to save money) or you are spending money on a property manager. On top of that you have a ton of money invested in one illiquid asset in which you are highly leveraged and if there is trouble (divorce) you cannot get that money out quickly and easily. There is a good chance you will lose a portion of it to her.
Better to invest in a real estate fund which encompasses around 1-2% of your total portfolio.
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Great post and points. If I may recommend for your library: As a Man Thinketh by James Allen.
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Napoleon Hill was clarified by Clement Stone. The think part is what guides you and keeps you on track. However, the thinking must manifest itself into seizing the opportunity that is presented to you with the new change of attitude.
So how many of you have thought themselves rich (asking the author too)? Rich counting as over a million.
Your question is actually addressed in T&GR. “Wealth” doesn’t necessarily mean large sums of cash (although it could). Every person has to first define what wealth they want to achieve. I could be making $200k in a big law firm right now, but to me, the freedom to hike and hunt is so much more wealthy than that lifestyle.
You can make some dough betting on baseball. No spreads, just straight up pick em.
Can you be more specific about the betting? I’ve never bet on sports before
Its straight up- you dont pick a team take or give pts.
You dont strike me as a baseball fan lol- theres a book on this, name escapes me now… a former mutual fund manager now gets a better return betting on baseball rather than betting on stocks..
I read some interesting books on sports gambling, and gaming in general after taking a college statistics class. Go to the library and look in whatever section has those books and pick out one that interests you. There was a lot of interesting stuff written about that around 50-75 years ago. I had an awesome blackjack cheat sheet that gave me the ideal move at a glance for whatever the dealer was showing.
That being said, be careful of thinking a better return can be had than betting on stocks. Some people do great betting it all on black at roulette. Remember, it’s random, so its just the luck of the draw (unless you are counting cards or something like Bringing Down The House)
I read T&GR when I was about 18. Although I didn’t grasp all the concepts at that time it certainly set me on a course of being very goal oriented. This has been very useful in my life.
Read the book recently. It took me three months and constant summarizing of chapters to digest it. To truly grasp it, you must be willing to sift through some dense language. Does T&GR provide the formula for getting rich? No. Does it give you a mental foundation and framework to begin living your life and guide your action in regards to business? Yes.
If you an a risk taker and enterprising, that is all you need, structure. It was written prior to the advent of technology we enjoy today but the premise is still the same.
Its on you to apply the concepts where you believe you can make money.
It is not the end all be all of success but it is a nice reference point and tool to have.
See… even the pretty little liar is reading it 🙂
But wait! Wait!
If you guys would just put TINY CLASSIFIED ads in a ton of newspapers around the country, you could leverage the power of information!
Just think of the possibilities.
Remember this guy from late-night TV in the 90s?
What if I just bought one full page ad in the Times and asked all the rich liberals reading it to send me $20?
I saw a mashup of screenshots of Lapre and Carlton Sheets, years ago that was hys-freakin-sterical. Lapre was an annoying douche who kept asking Sheets what type of pelt he had strapped to his head and Sheets was the “crazy old guy” who kept threatening to “Come down to that beach and kick your ass, Lapre!”
Lapre wound up getting arrested and then committing suicide in custody. Sheets is still alive, somewhere, and very old. He does seem to be the one guy in that bunch (including Lapre, Vu, et. al.) who managed to avoid prison.
Vu never went to prison. He was “investigated” by some Florida guvmint slugs because of the bitching and moaning of several losers.
He lives in Las Vegas and plays in poker tournaments and he seems to lose some of his accent.
Hahahahha.. I loved those commercials, because I would watch them trying to figure out what the hell they were talking about doing. All I could figure is that an ad was placed in the classifieds. It was so vague and suspicious. I do remember that name now.. Don Lapre. Obviously fake.
I actually went to one of those seminars.. Russ Whitney haha.. I won a free copy of his book because I answered some question right. It was a lot of common sense, but his book was halfway decent. Which is I guess why he was never as successful as the scam artists like Lapre and Carlton Sheets, etc.
Another commercial I really like is the “ITS MY MONEY AND I WANT IT NOW” for the group of Manhattan rich white men that pay poor minorities on structured settlements a lump sum payoff because they want to blow all their money at once instead of using it to live off of over time, as it was intended.
I’ve read the book and I was never was involved with MLM, but know people that did. They are useful if you’re into retail or direct sales. If you love personal contact, it helps to know how people think and interact; however, it is easier to just go into a profession that pays you wages. Most people that fail in MLM have to go back to work and what pays for these MLM schemes? Wage earners.
So no, you can’t think and grow rich. You have to work to grow rich and it will take many decades and you might not even get rich, but richer.
Well, suckers we are.
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…Bizarro?
Those girls were paid, man. NOWAG. 😉
Tom Vu rocks!
In another video, Tom Vu admits that the women like his money.
“Do you think these women want me…NO…they like my money!”
“If we examine someone who buys and sells actual physical goods, it again comes down to extraction of value from the market.”
There is no such thing as “extraction of value from the market”. Markets set price and people EXCHANGE value at that price. When I buy a cup of coffee at Starbucks it is because I believe the $1.95 in my pocket is equal to or of greater value than the coffee. Starbucks believes their coffee and service is worth more than the $1.95 or they would not agree to the exchange.
“Let’s say a merchant realizes that people in one city have an unusual craving for strawberries, but the local soil isn’t favorable for their growth. So, he buys strawberries in another city for $1 a piece and sells them for as much as he wants, let’s say $1000 a piece, since he’s the only one satisfying the demand. That is, until others realize there is money to be made in doing the same thing and bring the price down.”
This is a highly fictional example of price discovery and arbitrage. Again there is no “extraction”.
“The market” is one of the most overused and misused terms in economics. There is a “market” anywhere, even in north Korea. It’s simply where exchanges take place.
How’s the market doing today? Oh, prices are high its great! lol…
do like the rich do in order to get rich. Get together with your other (banker) friends, openly discuss your ideas (in secret), then just print your own money supply*. Zero risk, maximum returns
* may require statutory approval
Don’t forget hiring Pinkerton bastards too.
Think about positive thinking as a way to see what the world has to offer. Sometimes you actually block yourself from identifying what is good for you.
Any self-educated man should include Napoleon Hill on his reading list. If schools really wanted to help children, this would be on the reading list instead of “House of Seven Gables.” There is much more for the man to do than just “thinking” about being rich.
Think and grow rich is true. When you think about negativity, what will you achieve? If you think your going to screw up, you’ll screw up. If you think you’ll be successful you’ll be successful. There is more to it. You have to have a plan. But if you don’t even think it you won’t get there, its on youtube, you don’t have to even pay. Its kind of dry material. But there is a great deal of truth in it.
Most business people, real business, is about deals, no one cares about anything else, but your personality, if they like you and if you do a good job.
Yeah, even though he is a douche, Donald Trump makes money basically because he manipulates his image and personality. He’s not particularly talented at doing anything much better than the average person in the industry, and has indeed gone bankrupt multiple times, but he has a huge positive mental outlook and projects the image of confidence and wealth, so he gets people to help him reinforce it through their actions.
Must be spending time in Dubai, I see.
Be sure to wash the poo off.
I think that “The Power of Positive Thinking” by Norman Vincent Peale is a good accompaniment to this book. That’s probably a good primer to this text. The ideas in T&GR are time proven. It’s proven that nine out of ten millionaires are self employed. The one millionaire employee either works at Microsoft or Google.
You can if you have a job like Einstein’s. Unfortunately you also have to have a brain like his.
There’s more to Think and Grow Rich than this article alludes to, although bringing attention to the book is fantastic- anyone who has read it will know it’s concepts are far deeper then an open minded group and some thinking.
Far more than positive thinking and group discussions.
For me, the real currency is time, and so I found some value in Tim Ferriss’ “The Four Hour Work Week”.
using Leonardo DiCaprio again as an image for an Alpha Male blog….lolz
Gotta say Baroni I’m a big fan, ROK writers have come and gone but I hope you will keep making content
I’m just guessing here, as I haven’t read the book, but I would bet that Napoleon hill made most of his money selling his book “think and grow rich”. Indeed he was thinking, the difference is that he thought of an idea, while most people just think of getting rich. This kind of talk reminds me of “the secret”. This book was a big craze a few years ago, someone even gave a copy to my mother who was dying of cancer at the time. People like Oprah were going on about how the “power of positive thought” could change your life, make you money, help you find love and yes, even cure diseases. Sorry kids but in the world of business you need to do something productive to make money, and in the world of cancer, well, you just have to hope for the best.
We see a lot of these simple answers unfortunately.
If the prologue is true, Hill spent 25 year researching concepts of success while being bankrolled by Carnegie. Supposedly, he interviewed the most successful people of the time. I am using speculative language because it was published in 1937 and there is next to no way to verify any of this.
That being said, let me address your points. 1. If you haven’t read the book, it can’t remind you of anything. The title’s may be similar but that is where the comparisons end. 2. The book is a bit frothy but it does layout some decent guidelines on building a template for success. Hill uses a real life examples to illustrate his principles in action. They are principles, not specific step by step instructions. There is plenty of action oriented advice within the book. The key point of the whole book is to have a “definitive purpose” and since we are all commenting on ROK which is a mishmash of thoughts, ideas, and griping, I’d say the whole audience could use a little help with purpose. Another key point, Hill goes into deep discussion on is Fear. I surmise you could benefit from reading that section.
“The Secret”, from what I understand, is all esoteric and is as much spiritual as it is business oriented.
Anyways, if you still don’t agree with me on the differences, could you share another source on improving business mentality? Or insights you’ve had as you build your own business?
After looking into the book a little further, I may be guilty of judging it by its cover, and will say that I’m at least interested. However I still stand by my opinion that it is never enough to just think, you also have to do. This is why I mentioned “the secret”, because at the time of its popularity, there were a lot of people who were in love with the idea that they could put a picture of a mansion on their wall, look at it before bed every night and it would come to them through the power of thought, it did have spiritual elements but was very much focused on wealth and material things as well. Very rarely does wealth or anything else for that matter come to you just by wishing it, you have to take action. The part you mention about fear does interest me, as for a long time I knew what I had to do to get out of the rut I was in, but didn’t do any of those things out of fear of losing the comfortable, yet unsatisfying life I had in my home town. It was only when I actually put those thoughts into actions that things started to change, and I have never looked back at the lifestyle I gave up. So my answer to the question asked at the beginning of the article, “Can you just think and grow rich?”, is absolutely not, but you can definitely think, then work hard to make your ideas a reality, and then begin to grow rich. I guess the point of all this is that prople want, and believe in an easy way out, and I don’t believe it exists. I spent a long time thinking (procrastinating) about changing my life for the better, but only when I put in the real physical work did things start to change. In less than 3 years I’ve taken myself from being $30,000+ in debt, with nothing to show for it, to having close to $100,000 in the bank, and working six to eight months a year while traveling in my time off, and what the hell, for $50 I’ll tell you how I did it! See what I did there?
Hell yeah! Congrats on that change and monetary success.
I fully agree with you. The secret of wishing of acting is bullshit. Action is always better than information. Focused and structured information however goes a long way to guiding appropriate action. We are on the same page.
I’m 2.5 years behind you. I left my New England for unknown pastures and holy shit, leaving the comfort zone has changed my life for the better. The growth experienced in the past 9 months would have never occurred had I stayed put. Currently filing a patent right now and building a sales letter for a focus client group. No revenue to speak of at this point.
Coincidentally, Hill mentions the idea of “willing over wishing.”
The basic premise on fear is that “fear and faith cannot coexist together.” He then breaks down the six basic fears. The book has some fluff, no doubt, but all and all I believe its pros out weigh its cons.
Glad you responded back. Enjoy the travel my man.
The secret was mainly about the law of attraction, so it probably wouldn’t be wrong to say that to think rich would be to attract riches, plenitude etc. That ‘ law’ is as the other commenter perhaps suggests is more spiritual than empirically evidenced. It’s a cognitive / spiritual analogue to ‘ hanging out with winners rather than losers’
You are energy, get out there in that sea of YOU to go compete against YOU to earn a whole fuck load of little individual fungible pieces of YOU, so you can then go buy more pieces of YOU, so you can finally be better than all of the other YOU’S. That way when you die and give your body back to the Earth. YOU can feel like you did better than yourself. Thinking to grow rich. Might come at the cost of not being able to care about money.
MLM is not illegal. You are thinking of Pyramid Schemes.
I am going to snort Kratom off of my copy of think and grow rich.
I wish I could thumb up this more than once.
I use the power of my thoughts to select and monitor investments. As always Benjamin Graham is a good place to start.
http://www.amazon.com/The-Intelligent-Investor-Definitive-Investing/dp/0060555661
What you describe is today called the New Thought movement. It began as animal magnetism, by Franz Anton Mesmer, in the 18th century. The idea that you can attract health (or whatever) to you with thought alone. Ever hear someone say they’ve been mesmerized? That’s where it and Think and Grow Rich came from.
Napoleon hill also stressed harnessing your “sex energy” that most young men waste chasing tail during their most (potentially) productive years. I think Roosh is reaching the point in his life where he ealizes the wisdom of this advice.
The secret contained in Think And Grow Rich is transmitted via frequency to those whose minds are properly tuned to receive them. Not necessarily by word content alone…though the secret is also in the title if you know where to look 🙂
I play the audio version of this book when I go to bed, so I know Think and Grow Rich by heart. It has really helped my trucking business, since I used to listen to it while driving over-the-road. Now I run the business from home, and the main point I learned from Napoleon Hill, was that you should first work as an employee in the business you wish to create before you start that business. That way you’re an expert entrepreneur in your field of endeavor and can minimize risks.
http://start-getting-rich.blogspot.com/
here is the blog about people who made a fortune by following what Hill has written.
http://start-getting-rich.blogspot.com/
here is a blog about people who earned fortune using Hill’s philosophy.
Would you ask your sister advices on how to pick up chicks?
Your driver how to make a good chinese food, unless he is chinese himself or has stayed a long time in China?
When you want to be good at something, you ask to some expert, someone who knows what they are talking about.
The truth is, some so-called MLM are scams, some are not. Google is your friend is you want to search for “difference between multi-level and pyramid.
Like some bankers sell you bad products, there are crooks in EVERY aspect of life. But putting all MLM in pyramid category is because of a total lack of discernment.
https://www.google.fr/search?q=forbes+is+mlm+a+scam&oq=forbes+is+mlm+a+scam&aqs=chrome..69i57.10008j0j7&sourceid=chrome&es_sm=93&ie=UTF-8
Think and Grow Rich has helped me so much and completely shifted my perspective on so many things, but certainly on my view on money! In fact, Bob Proctor is putting on an event October 24th, 25th and 26th that covers Napoleon Hill’s classic and it will be LIVE streamed – can’t wait! http://thinkandgrowrichseminar.com/