The Formula of Success

The law of success starts from your thinking is neither new idea nor new discovery. It helped many people in their process of creating wealth. I cannot emphasize enough how important it is for your process of building your own financial freedom. The following is one of the modern motivational stories and about a person who created original formula for the law of success.
We all cheer average person who made extraordinary wealth from unfortunate circumstances and try to emulate their success to our own. The law of success gives us the platform to start our journey for financial freedom.

When it comes to personal-success literature, Napoleon Hill (October 26, 1883-November 8, 1970) is considered one of the earliest modern creators. His most successful work, Think and Grow Rich, has been one of the best-selling books of all time and he received an honorary doctorate in English Literature.

It is not surprised to anyone that his book is based on his research with Carnegie through successful and famous people. Discovering formula through process of success, later he elaborated in a simple recipe that could be duplicated by the average person. That’s why his book has sold over thirty million copies and it is still popular to many people who want to create wealth. Hill also created the phrase ‘Mastermind’ and defined as "coordination of knowledge and effort in a spirit of harmony, between two or more people, for the attainment of a definite purpose."

His success was neither spoon fed by his parents nor a sudden fortune. According to his official biographer, Hill was born into poverty in a two-room cabin in the town of Pound in rural Wise County, Virginia. His mother died when he was ten years old and his father remarried two years later.

At the age of thirteen he got a job as a "mountain reporter" for small-town newspapers. He tried to enter law school with his earnings as a reporter but soon had to withdraw for financial reasons. In 1908, one of his assignments as part of a series of biographies of famous men, to interview industrial Andrew Carnegie, turned out to be the turning point in his career. Hill discovered that Carnegie believed that the process of success could be explained in a simple formula that could be copied by the average person.

Carnegie impressed with Hill and commissioned him to interview over 500 successful men and women without pay but offered him to provide him with letters of reference. Later, Hill became one of Carnegie’s advisors. In order to discover and publish this formula of success, Hill interviewed many of the most famous people and millionaires of the time, including Thomas Edison, Alexander Graham Bell, George Eastman, Henry Ford, Elmer Gates, John D. Rockefeller, Charles M. Schwab, F.W. Woolworth, William Wrigley Jr., John Wanamaker, William Jennings Bryan, Theodore Roosevelt, William H. Taft, Woodrow Wilson, and Jennings Randolph. This project lasted over twenty years. The initial formula of success called The Law of Success by Hill and Carnegie was published in Hill’s book Rags-to-riches in 1928. The formula was later published in home-study courses, including the seventeen-volume "Mental Dynamite" series until 1941.

Hill owned Hill’s Golden Rule magazine and worked as the editor and publisher from 1919 to 1920 and he became an advisor to President Franklin Roosevelt from 1933 to 1936. The Ladder to Success was published in 1930. Hill elaborated this success formula in his most famous book, Think and Grow Rich, published in 1937 and it became one of the most selling books all time.

Napoleon Hill Books:
Think and Grow Rich
The Law of Success
How to Sell Your Way through Life
How to Raise Your Own Salary
Success Through a Positive Mental Attitude
You Can Work Your Own Miracles
Napoleon Hill’s Keys to Success

His other works are a lecture on Science of Success with Stone and a teaching on Philosophy of Personal Achievement. He died in 1970 in South Carolina.

What is The Carnegie Secret?

The "Carnegie Secret" is a concept that Hill studied extensively. Carnegie believed that the formula for success was so powerful, that if it was applied and taught to students, the time they needed to spend in formal schooling could be cut in half. He also believed that this formula was used by all the leading businessmen and inventors of the late 19th and early 20th century and asked Hill to go out and confirm the application of the formula.

Hill refers to this formula in his introduction to Think and Grow Rich as a conception and "secrete" which is the foundation of all success and essential to the concept itself.
Think and Grow Rich discusses the life of inventor Thomas Edison who used the formula as being necessary for the attainment of all achievement, including riches.