Think & Grow Rich Lessons
Leo Dubois Sturgeon Falls, Ontario, Canada

Posted: 2018-06-27

Napoleon Hill in this chapter teaches the valuable lesson of understanding and profiting from our mistakes and misfortunes.

 

Edwin C Barnes discovered how true it is that how a man thinks can make him rich. The thinking part requires a definite, persistent and determined desire. T.Edison  connoted about Edwin C Barnes that he " had made up his mind to stand by until he succeeded."For Edwin C Barnes it became an all consuming obsession. But along with his drive to attain  his goal he encountered events disguised in the form of misfortune. This is the story of the Edison Dictating Machine which Thomas Edison's salesmen were not enthused about selling.  Edwin C Barnes saw his opportunity. He knew he could sell it and became so successful that Edison gave him a contract to distribute and sell it for the whole of the United States of America. Edwin C Barnes became a multi- millionaire.

Misfortune disguised as opportunity is also the subject of two other stories in this chapter. Fittingly, Napoleon Hill puts it this way."One of the most common causes of failure is the habit of quitting when one is overtaken by temporary defeat." No words were truer for the uncle of R U Darby when he stopped mining for gold when the vein of gold ran out. The junkman who bought the equipment hired a mining engineer who knew how gold veins would run and found the gold vein three feet from where the uncle of R U Darby quit .  The junk man resumed mining the vein of gold and made millions. The remarkable thing is that RU Darby learned from this mistake. He went into the insurance business and made a fortune.

Now Henry Ford in his attempts to create the manufacturing of the V8 engine in one block never accepted the failures of all his engineers. Henry Ford got all the failing attempts out of the way which paved the way for the solution, the manufacturing of the V8 engine in one block.