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The Prosperity Bible

The Prosperity Bible

The Greatest Writings of All Time on the Secrets to Wealth and Prosperity
by Wallace D. Wattles 2007 1733 pages
4.29
100+ ratings
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Key Takeaways

1. Desire is the starting point of all achievement

"Truly, 'thoughts are things,' and powerful things at that, when they are mixed with definiteness of purpose, persistence, and a burning desire for their translation into riches, or other material objects."

Burning desire fuels success. It is the first step towards achieving any goal, whether it's accumulating wealth, advancing in a career, or personal growth. This desire must be specific, intense, and coupled with a definite plan of action. It's not enough to simply wish for something; you must have an all-consuming obsession to achieve it.

Practical steps to cultivate desire:

  • Define your goal with absolute clarity
  • Set a specific deadline for its achievement
  • Determine what you're willing to give in return
  • Create a concrete plan and take immediate action
  • Write out a clear, concise statement of your desire
  • Read your written statement aloud twice daily

The power of desire is exemplified by the story of Edwin C. Barnes, who desired to become Thomas Edison's business partner. Despite having no resources or connections, his burning desire drove him to persist until he achieved his goal, eventually becoming Edison's partner in the business of selling the Edison Dictating Machine.

2. Faith is the catalyst that turns desire into reality

"Faith is the head chemist of the mind. When faith is blended with the vibration of thought, the subconscious mind instantly picks up the vibration, translates it into its spiritual equivalent, and transmits it to Infinite Intelligence, as in the case of prayer."

Faith amplifies thought power. It is the positive emotion that, when mixed with thoughts, begins the process of their translation into physical reality. Faith is not just a religious concept but a state of mind that can be cultivated through autosuggestion.

Developing faith:

  • Encourage positive emotions and thoughts
  • Eliminate negative emotions and thoughts
  • Write out and repeat your chief aim daily
  • Visualize yourself already in possession of your desire
  • Act as if you already have what you desire

The power of faith is illustrated through the story of Charles M. Schwab and the creation of United States Steel Corporation. Schwab's unwavering faith in his vision, combined with his ability to communicate it effectively, led to the formation of one of the largest corporations in American history, demonstrating how faith can turn ideas into tangible results.

3. Auto-suggestion is the medium for influencing the subconscious mind

"The subconscious mind will translate into its physical equivalent, by the most direct and practical method available, any desire which is impressed upon it."

Self-talk shapes reality. Auto-suggestion is the process of communicating specific desires directly to the subconscious mind. This is done through repeated thoughts and verbal affirmations, especially those charged with emotion and faith.

Effective auto-suggestion techniques:

  • Create clear, concise statements of your desires
  • Repeat these statements aloud with conviction
  • Visualize yourself already in possession of your goal
  • Engage all your senses in this visualization
  • Practice auto-suggestion consistently, especially before sleep and upon waking

The principle of auto-suggestion is exemplified in the author's own experience with his son, who was born without ears. Through persistent auto-suggestion and visualization, coupled with faith, the author instilled in his son the belief that his disability was an asset, leading to remarkable achievements in the boy's life despite his physical limitations.

4. Specialized knowledge is the foundation of personal achievement

"Knowledge will not attract money, unless it is organized, and intelligently directed, through practical plans of action, to the definite end of accumulation of money."

Applied knowledge is power. General knowledge alone is not sufficient for success. It must be specialized, organized, and intelligently applied to achieve specific goals. The most successful individuals are those who combine specialized knowledge with practical plans of action.

Acquiring and applying specialized knowledge:

  • Identify the specific knowledge you need for your goals
  • Determine the most efficient sources of this knowledge (education, experience, expert advice)
  • Develop a system for continuous learning and improvement
  • Create practical plans to apply your knowledge
  • Surround yourself with experts in your field (Master Mind group)

The importance of specialized knowledge is illustrated through the story of Henry Ford. Despite lacking formal education, Ford surrounded himself with people who possessed the specialized knowledge he needed. This allowed him to build one of the most successful automobile companies in history, demonstrating that it's not necessary to personally possess all knowledge, but rather to know how to access and apply it effectively.

5. Imagination is the workshop of the mind

"Man's only limitation, within reason, lies in his development and use of his imagination."

Creativity drives progress. Imagination is the creative force behind all human achievements. It comes in two forms: synthetic imagination, which rearranges existing ideas into new concepts, and creative imagination, which creates entirely new ideas through intuition and connection to infinite intelligence.

Harnessing the power of imagination:

  • Practice visualizing your goals in vivid detail
  • Combine existing ideas in new ways (synthetic imagination)
  • Allow yourself quiet time for inspiration (creative imagination)
  • Write down all ideas, no matter how impractical they may seem
  • Regularly engage in creative exercises to strengthen your imagination

The power of imagination is demonstrated through the story of the enchanted kettle, which represents the creation and success of Coca-Cola. Asa Candler's imagination transformed a simple formula into a global empire, showing how a single idea, coupled with the power of imagination, can lead to extraordinary success.

6. Organized planning is essential for translating desire into action

"Organized planning is the crystallization of desire into action."

Structured approach ensures success. A well-organized plan is crucial for turning desires and ideas into reality. This involves not only creating a detailed plan but also continuously refining it based on experience and feedback.

Steps for effective planning:

  • Create a definite plan for achieving your goal
  • Identify key people whose cooperation you need
  • Meet regularly with your support group to refine the plan
  • Maintain perfect harmony within your planning group
  • Be prepared to abandon failing plans and create new ones
  • Develop alternative plans to fall back on

The importance of organized planning is illustrated through the story of the creation of United States Steel Corporation. The detailed planning and coordination among various stakeholders, led by Charles M. Schwab, resulted in the formation of one of the largest corporations in history, demonstrating how organized planning can turn ambitious visions into reality.

7. Decision-making is crucial for success

"Analysis of several hundred people who had accumulated fortunes well beyond the million dollar mark disclosed the fact that every one of them had the habit of reaching decisions promptly."

Decisive action breeds success. The ability to make quick and firm decisions is a common trait among successful individuals. Procrastination and indecisiveness are major obstacles to achievement.

Improving decision-making skills:

  • Gather relevant information quickly but thoroughly
  • Trust your intuition and experience
  • Make decisions promptly once you have sufficient information
  • Stand by your decisions with determination
  • Be willing to take responsibility for your decisions
  • Learn from both successful and unsuccessful decisions

The power of decisive action is exemplified by the story of Henry Ford's decision to continue producing the Model T despite advice to the contrary. His firm decision, though eventually proved to be held for too long, initially led to massive success and demonstrated how decisiveness can drive achievement.

8. Persistence is the sustained effort necessary to induce faith

"Persistence is to the character of man as carbon is to steel."

Unwavering effort overcomes obstacles. Persistence is the sustained application of effort until a goal is achieved. It is often the deciding factor between success and failure, and it is a quality that can be developed through habit.

Cultivating persistence:

  • Have a definite purpose backed by burning desire
  • Create a definite plan and continuously act on it
  • Cultivate a mind closed to negative influences
  • Form alliances with those who will encourage you
  • Recognize that temporary defeat is not permanent failure
  • Study the lives of persistent achievers for inspiration

The power of persistence is illustrated through the story of Fannie Hurst, who faced hundreds of rejections before becoming a successful author. Her unwavering persistence in the face of constant setbacks eventually led to great success, demonstrating how sustained effort can overcome seemingly insurmountable obstacles.

9. The power of the Master Mind amplifies individual capabilities

"No two minds ever come together without thereby creating a third, invisible, intangible force, which may be likened to a third mind."

Collective intelligence multiplies power. The Master Mind principle refers to the increased power that results from the coordination of knowledge and effort of two or more people working toward a definite purpose in a spirit of harmony.

Leveraging the Master Mind principle:

  • Form an alliance with like-minded individuals
  • Meet regularly to discuss and refine plans
  • Maintain a spirit of perfect harmony in the group
  • Contribute your own knowledge and resources freely
  • Be open to ideas and criticism from group members
  • Use the collective brainpower to solve problems and generate ideas

The effectiveness of the Master Mind principle is demonstrated through the success of Henry Ford, who surrounded himself with capable individuals possessing specialized knowledge. This allowed Ford to access a wealth of information and skills beyond his own, contributing significantly to his success in the automobile industry.

10. The mystery of sex transmutation can fuel creative endeavors

"The emotion of sex has three constructive potentialities, they are: The perpetuation of mankind. The maintenance of health, (as a therapeutic agency, it has no equal). The transformation of mediocrity into genius through transmutation."

Channeled passion drives achievement. Sex transmutation refers to the switching of the mind from thoughts of physical expression to thoughts of creative expression. This powerful drive, when harnessed, can fuel extraordinary achievements in various fields.

Harnessing sexual energy for creative purposes:

  • Recognize the power of sexual energy as a creative force
  • Channel this energy into productive, creative endeavors
  • Use the intensity of sexual desire to fuel your ambitions
  • Practice transmutation through focused concentration on goals
  • Study the lives of geniuses who effectively used this principle

The principle of sex transmutation is exemplified by the lives of many geniuses throughout history, such as Thomas Edison and Shakespeare, who were known to have highly developed sex natures. Their ability to transmute this energy into creative endeavors contributed significantly to their extraordinary achievements.

11. The subconscious mind is a connecting link to infinite intelligence

"The subconscious mind is the connecting link between the finite mind of man and Infinite Intelligence."

Tap into universal wisdom. The subconscious mind serves as a medium through which individuals can access infinite intelligence - the universal source of knowledge and inspiration. By learning to stimulate and direct the subconscious mind, one can access this vast reservoir of wisdom and creativity.

Accessing the subconscious mind:

  • Practice meditation and mindfulness
  • Use auto-suggestion to plant ideas in the subconscious
  • Pay attention to hunches and intuitive flashes
  • Keep a dream journal to record subconscious insights
  • Engage in creative activities to stimulate the subconscious
  • Maintain a positive mental attitude to enhance receptivity

The power of the subconscious mind is illustrated through the author's personal experiences with his "invisible counselors" - imaginary meetings with historical figures that provided him with valuable insights and ideas. While these meetings were products of his imagination, they demonstrate how tapping into the subconscious can lead to profound creativity and problem-solving abilities.

12. Fear is the biggest obstacle to success and must be overcome

"Indecision crystalizes into doubt, the two blend and become fear!"

Courage conquers all. Fear, particularly the fear of failure, is the most significant obstacle to success. Overcoming fear is essential for achieving any worthwhile goal.

Overcoming fear:

  • Identify and acknowledge your fears
  • Analyze the source of each fear
  • Develop a plan to address and overcome each fear
  • Take action despite feeling fear
  • Cultivate courage through small, daily acts of bravery
  • Surround yourself with positive, supportive people

The debilitating effects of fear are illustrated through various examples in the book, such as the fear of poverty leading to actual poverty. Conversely, the power of overcoming fear is demonstrated through stories of successful individuals who faced and conquered their fears, leading to extraordinary achievements.

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Review Summary

4.29 out of 5
Average of 100+ ratings from Goodreads and Amazon.

The Prosperity Bible receives mostly positive reviews, with an average rating of 4.29 out of 5. Readers appreciate the compilation of 19 classic self-help books by various authors, covering topics like positive thinking, success, and personal development. Many find value in the diverse perspectives and timeless wisdom presented. Some criticize the book's physical aspects, such as its unwieldy size and thin pages. Overall, readers consider it a comprehensive resource for those interested in self-improvement and prosperity concepts, despite a few dissenting opinions.

Your rating:

About the Author

Oliver Napoleon Hill was a controversial American self-help author known for his best-selling book "Think and Grow Rich" (1937). He promoted the idea that strong expectations are crucial for improving one's life and claimed his works revealed principles for achieving success. However, Hill's credibility has been questioned by historians who doubt many of his claims, including his alleged meetings with Andrew Carnegie and his purported legal career. Accused of fraud, Hill remains a divisive figure in the self-help genre, with his works continuing to influence readers despite ongoing debates about their authenticity and the author's background.

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