The Success Principles at a Glance
“The Law of Success" has indeed become phenomenal as it traces the path to success. That was one of the principles of the author as he highlighted the journeys that Henry Ford and other industrial giants have undertaken. Below are the 15 principles (from the 2008 edition from Penguin Books):
- Lesson 1: A Definite Chief Aim
Geared toward identifying one’s ultimate goal in life, the student is expected to take away the valuable lesson of determining his main objective (may it be in a given career or in another field). Through the power of auto-suggestion, the reader can also bring to focus his desires — seeing to it that his thoughts are guided accordingly by the sole objective he has in mind.
- Lesson 2: Self-Confidence
The second lesson from "The Law of Success" calls to mind the importance of self-confidence. As fears are thought of by the author as the main cause of failure and poverty, the student is encouraged to eradicate them. He then mentions man’s six basic fears: old age, loss of love, poverty, criticism, ill health and death. Again, Napoleon Hill stresses the importance of organized knowledge and autosuggestion to develop self-confidence.
- Lesson 3: The Habit of Saving
The author emphasizes the power of saving through the third lesson. Believing that this habit can be learned through time and through control, he encourages readers to avoid living beyond their means. In so doing, they will be avoiding the pitfalls of debt.
- Lesson 4: Initiative and Leadership
Focusing on the two important qualities a leader should have, these next principles enable the leader to do what needs to be done without being told. Also equipped with the aforementioned qualities from the previous lessons, he will be able to avoid procrastination. Likewise, this shall require auto-suggestion and a definite chief aim.