Think and Grow Rich Principle 4 Exercise – Specialised Knowledge, Personal Experience, or Observations

The accumulation of great fortunes calls for power; and power is acquired through highly organised and intelligently directed specialised knowledge, but that knowledge does not necessarily have to be in the possession of the man who accumulates the fortune.

To a large extent your purpose in life, the goal towards which you are working will determine what knowledge you need. With this question settled, your next move requires that you have accurate information concerning dependable sources of knowledge. It can be obtained by

  • One’s experience and education,
  • Experience and education available through cooperation of others (Master Mind Alliance),
  • Colleges and Universities,
  • Public Libraries (Through books and periodicals in which can be found all the knowledge organised by civilisation,
  • Specialised training courses

There is no fixed price for sound ideas. Back of all ideas is specialised knowledge.

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