The 10 Principles That Made The Industrialist Andrew Carnegie Become The Richest Man In The World

Featured image: Andrew Carnegie birthplace in Scotland and his adult residence in New York.

Andrew Carnegie was, in 1901, the richest man in the word. But he want’s always rich. When he arrived into in the United States in 1848, he barely had a dollar in his pocket.

In 1908, he was approached by a young journalist named Napoleon Hill, that wanted to do research to find out what the laws of success.

Based on the research this young journalist did with Andrew Carnegie, in 1937 he wrote the book Think and Grow Rich, that has become one of the top-selling books of all times.

When Napoleon Hill started working with the Still Magnet, Andrew Carnegie gave him his ten rules of success.

Here’s a digest of the rules, which appear in the compilation The Science of Success:

1. Define your purpose.
Create a plan of action and start working toward it immediately.


2. Create a “master-mind alliance.”
Contact and work with people “who have what you haven’t”


3. Go the extra mile.
“Doing more than you have to do is the only thing that justifies raises or promotions, and puts people under an obligation to you.”


4. Practice “applied faith.”
Believe in yourself and your purpose so fully that you act with complete confidence.


5. Have personal initiative.
Do what you have to without being told.


6. Indulge your imagination.
Dare to think beyond what’s already been done.


7. Exert enthusiasm.
A positive attitude sets you up for success and wins the respect of others.


8. Think accurately.
In Hill’s words, accurate thinking is “the ability to separate facts from fiction and to use those pertinent to your own concerns or problems.”


9. Concentrate your effort.
Don’t become distracted from the most important task you are currently facing.


10. Profit from adversity.
Remember that “there is an equivalent benefit for every setback.”

This post is based on an article that appears in the Business Insider. Check out the original here.


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