Facebook Pixel
Searching...
English
EnglishEnglish
EspañolSpanish
简体中文Chinese
FrançaisFrench
DeutschGerman
日本語Japanese
PortuguêsPortuguese
ItalianoItalian
한국어Korean
РусскийRussian
NederlandsDutch
العربيةArabic
PolskiPolish
हिन्दीHindi
Tiếng ViệtVietnamese
SvenskaSwedish
ΕλληνικάGreek
TürkçeTurkish
ไทยThai
ČeštinaCzech
RomânăRomanian
MagyarHungarian
УкраїнськаUkrainian
Bahasa IndonesiaIndonesian
DanskDanish
SuomiFinnish
БългарскиBulgarian
עבריתHebrew
NorskNorwegian
HrvatskiCroatian
CatalàCatalan
SlovenčinaSlovak
LietuviųLithuanian
SlovenščinaSlovenian
СрпскиSerbian
EestiEstonian
LatviešuLatvian
فارسیPersian
മലയാളംMalayalam
தமிழ்Tamil
اردوUrdu
Three Feet from Gold

Three Feet from Gold

Turn Your Obstacles into Opportunities!
by Sharon L. Lechter 2009 256 pages
4.34
1k+ ratings
Listen
Listen to Summary

Key Takeaways

1. Find Your Passion and Talent: The Foundation of Success

"The Success Equation in Three Feet from Gold will show you how."

Discover your purpose. The first step towards success is identifying what you're passionate about and what you excel at. This combination forms the foundation of your personal Success Equation. To find your passion:

  • List ten things that make your heart sing
  • Identify activities that bring you fulfillment
  • Reflect on times when you felt most alive

To recognize your talents:

  • List ten things you're really good at
  • Ask friends and family what they think you excel in
  • Consider skills you've developed throughout your life

By combining your passion with your talent, you create a powerful synergy that can drive you towards success in any field.

2. Seek Wise Counsel, Not Just Opinions

"It's the difference between succeeding and not. The problem is almost everyone listens to other people's opinions rather than seeking out good counsel."

Differentiate between opinions and counsel. Opinions are often based on limited knowledge or personal biases, while counsel comes from wisdom and experience. To make better decisions:

  • Seek advice from experts in the field you're interested in
  • Look for mentors who have achieved what you aspire to
  • Be open to constructive criticism from those who have your best interests at heart

Remember that while friends and family may offer well-meaning opinions, they might not have the expertise to guide you in your specific journey. Actively seek out those who can provide valuable insights based on their own experiences and successes.

3. Persevere Through Adversity: You're Three Feet from Gold

"Every adversity, every failure and every heartache carries with it the seed of an equivalent or greater benefit."

Embrace challenges as opportunities. The story of R.U. Darby, who gave up on his gold mine just three feet from striking it rich, illustrates the importance of perseverance. When facing obstacles:

  • Reframe setbacks as learning experiences
  • Develop resilience by focusing on long-term goals
  • Remember that success often comes after multiple failures

Many successful people faced numerous rejections and failures before achieving their goals. For example:

  • Thomas Edison made thousands of unsuccessful attempts before inventing the light bulb
  • J.K. Rowling was rejected by multiple publishers before Harry Potter was accepted
  • Steve Jobs was fired from Apple before returning to lead it to unprecedented success

By persevering through adversity, you increase your chances of reaching your own "gold mine" of success.

4. Develop a Positive Mental Attitude (PMA)

"People doubt their beliefs, but believe their doubts."

Cultivate optimism and self-belief. A Positive Mental Attitude is crucial for overcoming obstacles and achieving success. To develop and maintain a PMA:

  • Practice gratitude daily by listing things you're thankful for
  • Surround yourself with positive, supportive people
  • Challenge negative self-talk and replace it with affirmations

Successful individuals often attribute their achievements to maintaining a positive outlook, even in the face of adversity. This mindset allows them to:

  • See opportunities where others see problems
  • Bounce back quickly from setbacks
  • Inspire and motivate others around them

Remember that your attitude is a choice, and choosing positivity can significantly impact your journey to success.

5. Create Your Personal Success Equation

"((P + T) x A x A) + F = Your Success Equation"

Apply the formula to your life. The Success Equation combines Passion (P) and Talent (T), multiplied by Association (A) and Action (A), plus Faith (F). To implement this equation:

  1. Identify your passion and talent (as discussed in Takeaway 1)
  2. Choose the right associations:
    • List five successful people you know
    • Identify groups or organizations that align with your goals
    • Seek out mentors in your field of interest
  3. Take consistent action:
    • Set specific, measurable goals
    • Create a daily action plan
    • Hold yourself accountable or find an accountability partner
  4. Maintain faith in yourself and your journey:
    • Practice positive self-talk
    • Visualize your success
    • Celebrate small wins along the way

By consciously applying each element of the Success Equation, you increase your chances of achieving your goals and realizing your full potential.

6. Surround Yourself with the Right People

"You are the average of the five people you spend the most time with."

Choose your circle wisely. The people you associate with have a significant impact on your mindset, habits, and ultimately, your success. To elevate your associations:

  • Evaluate your current social and professional circles
  • Seek out individuals who inspire and challenge you
  • Attend networking events and join professional organizations in your field

Successful people often credit their achievements to the support and influence of their inner circle. Consider creating a personal "board of directors" consisting of:

  • Mentors who can offer guidance and wisdom
  • Peers who share your ambitions and values
  • Accountability partners who keep you on track

Remember that surrounding yourself with the right people doesn't mean abandoning old friends, but rather expanding your network to include those who can help you grow and succeed.

7. Take Action and Have Faith in Your Journey

"Act as if—and never believe in never."

Move forward with confidence. Success requires both action and faith. To put this principle into practice:

  • Set clear, actionable goals
  • Break larger objectives into smaller, manageable tasks
  • Take consistent daily steps towards your goals
  • Maintain unwavering belief in your ability to succeed

Many successful individuals emphasize the importance of taking action, even when faced with uncertainty or fear. For example:

  • Richard Branson started Virgin Airlines despite having no experience in the aviation industry
  • Oprah Winfrey launched her own production company and network, taking a significant risk in her career

By combining action with faith, you create momentum and increase your chances of success. Remember that every step forward, no matter how small, brings you closer to your goals.

8. Learn from Failure and Keep Moving Forward

"Never let mistakes define who you are."

Embrace failure as a teacher. Successful people understand that failure is a natural part of the journey to success. To learn from failure:

  • Analyze what went wrong without dwelling on it
  • Identify lessons and insights from each setback
  • Use failures as stepping stones to improve and grow

Many renowned achievers have faced significant failures before reaching success:

  • Walt Disney was fired from a newspaper for "lacking imagination"
  • Michael Jordan was cut from his high school basketball team
  • Albert Einstein was expelled from school and struggled to find academic work

By reframing failure as a learning opportunity rather than a personal deficiency, you can maintain motivation and continue progressing towards your goals.

9. Focus on Serving Others to Achieve Success

"This world would be a much greater place if more people redirected their attention from 'me' to 'we'—don't you think?"

Adopt a service mindset. Many successful individuals attribute their achievements to a focus on helping others. To incorporate this principle:

  • Identify ways your skills and passions can benefit others
  • Look for opportunities to add value in your personal and professional life
  • Consider how your goals can have a positive impact on your community or industry

Examples of success through service:

  • Blake Mycoskie founded TOMS Shoes, which donates a pair of shoes for every pair sold
  • Muhammad Yunus created Grameen Bank to provide microloans to impoverished individuals

By shifting your focus from personal gain to serving others, you often find greater fulfillment and open doors to unexpected opportunities.

10. Embrace Change and Continuous Learning

"If you want something to change, then change the way you look at it."

Adapt and grow. In a rapidly changing world, success often comes to those who can adapt and continuously learn. To cultivate this mindset:

  • Stay curious and open-minded
  • Seek out new experiences and challenges
  • Invest in your personal and professional development

Strategies for continuous learning:

  • Read widely across various subjects
  • Attend workshops, seminars, and conferences in your field
  • Learn from both successes and failures of others
  • Embrace technology and stay updated on industry trends

Remember that the most successful individuals are often those who view change as an opportunity rather than a threat. By committing to lifelong learning and adaptability, you position yourself for long-term success in any endeavor.

Last updated:

FAQ

What's "Three Feet from Gold" about?

  • Inspirational Journey: "Three Feet from Gold" by Sharon L. Lechter is a motivational book that combines a fictional narrative with real-life success stories to illustrate the importance of perseverance and determination.
  • Central Theme: The book is based on the concept that many people give up just before they achieve success, as illustrated by the story of a gold miner who quit three feet from a major gold vein.
  • Personal Growth: It follows the journey of Greg, a struggling entrepreneur, who learns valuable life lessons from successful business leaders and applies them to his own life.
  • Napoleon Hill's Influence: The book is inspired by the principles of Napoleon Hill, particularly those found in "Think and Grow Rich," and aims to provide a modern take on these timeless success strategies.

Why should I read "Three Feet from Gold"?

  • Practical Advice: The book offers actionable insights and strategies from successful individuals that readers can apply to their own lives.
  • Inspiration and Motivation: It serves as a source of encouragement for those facing challenges, emphasizing the importance of persistence and resilience.
  • Real-Life Success Stories: Readers gain insights from the experiences of various successful people, making the lessons relatable and applicable.
  • Timeless Principles: The book revisits and refreshes classic motivational concepts, making them relevant for today's readers.

What are the key takeaways of "Three Feet from Gold"?

  • Perseverance is Key: Success often comes just after the point where most people give up, highlighting the importance of persistence.
  • Seek Counsel, Not Opinions: The book emphasizes the value of seeking advice from experienced individuals rather than relying on uninformed opinions.
  • Success Equation: The book introduces a formula for success: ((P + T) x A x A) + F, which stands for Passion, Talent, Association, Action, and Faith.
  • Positive Mental Attitude: Maintaining a positive outlook is crucial for overcoming obstacles and achieving success.

What is the "Success Equation" in "Three Feet from Gold"?

  • Components of Success: The Success Equation is ((P + T) x A x A) + F, where P stands for Passion, T for Talent, A for Association, and F for Faith.
  • Passion and Talent: Combining what you love (passion) with what you are good at (talent) is the foundation of success.
  • Association and Action: Surrounding yourself with the right people (association) and taking decisive steps (action) are crucial for progress.
  • Faith: Believing in yourself and your goals is the glue that holds the equation together, enabling perseverance through challenges.

How does "Three Feet from Gold" incorporate Napoleon Hill's teachings?

  • Foundation of Principles: The book is heavily inspired by Napoleon Hill's "Think and Grow Rich," focusing on the principles of personal achievement and success.
  • Modern Application: It updates Hill's concepts for a contemporary audience, showing how they can be applied in today's world.
  • Real-Life Examples: The book uses interviews with modern-day successful individuals to illustrate how Hill's principles are still relevant.
  • Encouragement and Hope: Like Hill's work, it aims to provide readers with hope and the belief that they can achieve their dreams through perseverance.

What are the best quotes from "Three Feet from Gold" and what do they mean?

  • "Never quit three feet from gold." This quote encapsulates the book's central message about the importance of persistence and not giving up too soon.
  • "Seek counsel, not opinions." It emphasizes the value of seeking advice from knowledgeable and experienced individuals rather than relying on uninformed opinions.
  • "Act as if—and never believe in never." This quote encourages readers to maintain a positive attitude and act with confidence, even in the face of challenges.
  • "A dream is a reality waiting for you to get there." It suggests that dreams are achievable and that one must take action to turn them into reality.

How does "Three Feet from Gold" address overcoming fear?

  • Identifying Fears: The book acknowledges that fear is a significant obstacle to success and encourages readers to confront and overcome it.
  • Stories of Triumph: It shares stories of individuals who faced their fears and succeeded, providing inspiration and practical strategies.
  • Faith and Action: Emphasizes the role of faith in oneself and taking action as ways to combat fear and move forward.
  • Support Systems: Highlights the importance of surrounding oneself with supportive and positive individuals to help overcome fear.

What role does "association" play in the Success Equation?

  • Influence of Peers: Association refers to the people and organizations you surround yourself with, which can significantly impact your success.
  • Positive Environment: Being around successful and supportive individuals can provide motivation, guidance, and opportunities.
  • Networking: Building a network of like-minded people can open doors and provide resources that might not be available otherwise.
  • Learning and Growth: Associating with successful people allows for learning from their experiences and applying those lessons to one's own journey.

How does "Three Feet from Gold" illustrate the concept of "stickability"?

  • Definition of Stickability: Stickability is the ability to persevere and remain committed to one's goals despite challenges and setbacks.
  • Real-Life Examples: The book provides numerous examples of individuals who demonstrated stickability and achieved success as a result.
  • Importance of Commitment: It emphasizes that being truly committed to a goal is different from merely being interested in it.
  • Encouragement to Persist: Readers are encouraged to develop stickability by finding their definite life purpose and pursuing it relentlessly.

What is the significance of the title "Three Feet from Gold"?

  • Metaphor for Persistence: The title is a metaphor for the idea that success is often just within reach, and many people give up too soon.
  • Origin of the Story: It refers to a story in Napoleon Hill's "Think and Grow Rich" about a miner who quit just three feet from a major gold vein.
  • Central Theme: The title encapsulates the book's central theme of perseverance and the importance of not giving up in the face of adversity.
  • Inspiration for Readers: It serves as a reminder to readers that they may be closer to achieving their goals than they realize.

How does "Three Feet from Gold" address the concept of "faith"?

  • Faith as a Key Component: Faith is a crucial part of the Success Equation, representing belief in oneself and one's goals.
  • Overcoming Doubt: The book emphasizes that faith helps individuals overcome doubt and fear, enabling them to take action.
  • Stories of Faith: It shares stories of successful individuals who relied on faith to persevere through challenges and achieve their dreams.
  • Encouragement to Believe: Readers are encouraged to cultivate faith in their abilities and the possibility of success, even when faced with obstacles.

What lessons can entrepreneurs learn from "Three Feet from Gold"?

  • Value of Persistence: Entrepreneurs can learn the importance of not giving up, even when success seems elusive.
  • Seeking Guidance: The book highlights the importance of seeking counsel from experienced mentors and advisors.
  • Adapting to Challenges: Entrepreneurs are encouraged to view challenges as opportunities for growth and innovation.
  • Building a Support Network: The book underscores the value of building a network of supportive and successful individuals to aid in one's journey.

Review Summary

4.34 out of 5
Average of 1k+ ratings from Goodreads and Amazon.

Three Feet from Gold receives mixed reviews, with an overall high rating. Many readers find it inspiring and full of valuable life lessons, praising its storytelling approach and practical advice. They appreciate the book's connection to Napoleon Hill's work and its focus on perseverance. However, some critics find the writing style simplistic and the story unrealistic. They argue that the book offers little new information and relies too heavily on clichés. Despite these criticisms, many readers recommend it as a motivational tool for personal and professional growth.

Your rating:

About the Author

Sharon L. Lechter CPA is a bestselling author, entrepreneur, and financial literacy advocate. She co-authored "Rich Dad Poor Dad" with Robert Kiyosaki, which became an international sensation. Lechter has written numerous books on financial education and success principles. She is a sought-after speaker and mentor, focusing on empowering individuals to achieve financial independence. Lechter has served on the President's Advisory Council on Financial Literacy and is actively involved in various charitable organizations. Her work with the Napoleon Hill Foundation led to the creation of "Three Feet from Gold," which aims to modernize Hill's success principles for contemporary readers. Lechter's expertise in accounting and business has made her a respected voice in personal finance and entrepreneurship.

Download PDF

To save this Three Feet from Gold summary for later, download the free PDF. You can print it out, or read offline at your convenience.
Download PDF
File size: 0.22 MB     Pages: 13

Download EPUB

To read this Three Feet from Gold summary on your e-reader device or app, download the free EPUB. The .epub digital book format is ideal for reading ebooks on phones, tablets, and e-readers.
Download EPUB
File size: 3.01 MB     Pages: 9
0:00
-0:00
1x
Dan
Andrew
Michelle
Lauren
Select Speed
1.0×
+
200 words per minute
Home
Library
Get App
Create a free account to unlock:
Requests: Request new book summaries
Bookmarks: Save your favorite books
History: Revisit books later
Recommendations: Get personalized suggestions
Ratings: Rate books & see your ratings
Try Full Access for 7 Days
Listen, bookmark, and more
Compare Features Free Pro
📖 Read Summaries
All summaries are free to read in 40 languages
🎧 Listen to Summaries
Listen to unlimited summaries in 40 languages
❤️ Unlimited Bookmarks
Free users are limited to 10
📜 Unlimited History
Free users are limited to 10
Risk-Free Timeline
Today: Get Instant Access
Listen to full summaries of 73,530 books. That's 12,000+ hours of audio!
Day 4: Trial Reminder
We'll send you a notification that your trial is ending soon.
Day 7: Your subscription begins
You'll be charged on Apr 27,
cancel anytime before.
Consume 2.8x More Books
2.8x more books Listening Reading
Our users love us
100,000+ readers
"...I can 10x the number of books I can read..."
"...exceptionally accurate, engaging, and beautifully presented..."
"...better than any amazon review when I'm making a book-buying decision..."
Save 62%
Yearly
$119.88 $44.99/year
$3.75/mo
Monthly
$9.99/mo
Try Free & Unlock
7 days free, then $44.99/year. Cancel anytime.
Scanner
Find a barcode to scan

Settings
General
Widget
Appearance
Loading...
Black Friday Sale 🎉
$20 off Lifetime Access
$79.99 $59.99
Upgrade Now →