Harry Keitz Dallas, Ga, USA
SPECIALIZED KNOWLEDGE, PERSONAL EXPERIENCES OR OBSERVATIONS
The Fourth Step toward Riches
THERE are two kinds of knowledge. One is general, the other is specialized. General knowledge, no matter how great in quantity or variety it may be, is of but little use in the accumulation of money. The faculties of the great universities possess, in the aggregate, practically every form of general knowledge known to civilization. Most of the professors have but little or no money. They specialize on teaching knowledge, but they do not specialize on the organization, or the use of knowledge.
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. Lack of understanding of this fact has been the source of confusion to millions of people who falsely believe that “knowledge is power.” It is nothing of the sort! Knowledge is only potential power. It becomes power only when, and if, it is organized into definite plans of action, and directed to a definite end.
This “missing link” in all systems of education known to civilization today, may be found in the failure of educational institutions to teach their students HOW TO ORGANIZE AND USE KNOWLEDGE AFTER THEY ACQUIRE IT.
Many people make the mistake of assuming that, because Henry Ford had but little “schooling,” he is not a man of “education.” Those who make this mistake do not know Henry Ford, nor do they understand the real meaning of the word “educate.”
That word is derived from the Latin word “educo,” meaning to educe, to draw out, to DEVELOP FROM WITHIN. An educated man is not, necessarily, one who has an abundance of general or specialized knowledge. An educated man is one who has so developed the faculties of his mind that he may acquire anything he wants, or its equivalent, without violating the rights of others.
Perhaps you may need much more specialized knowledge than you have the ability or the inclination to acquire. If this is true, you may bridge your weakness through the aid of your Master Mind Group.
The Master Mind is defined as: “Coordination of knowledge and effort, in the spirit of harmony, between two or more people for the attainment of a definite purpose.“ The larger meaning of the Mind Group is explained in greater detail and later chapters.
After reading Hill's definition of the Master Mind drama many people may assume that he is describing teamwork. That would not be correct. The following explanation is adapted from the Napoleon Hill Foundation’s Believe and Achieve:
Teamwork can be achieved by any group— even one whose members have disparate interest — because all it requires is cooperation. In teamwork, and people might simply be cooperating because they like the leader, or out of a sense of duty. Some team members will give 100% to any team that pays them enough, but they have a little concern about the objective. And sometimes there is a good teamwork because different members have different agendas. A Board of Directors may disagree, even be unfriendly, and still run a business successfully. Musical groups are made up of notoriously self-centered people who work as a team if it will help them get ahead.
Master Minds, On the other hand, are formed of individuals who have the same agenda, a deep sense of mission, and commitment to the same goal. Master Minds represent the highest order of thinking by a group of knowledgeable people, each contributing their absolute best according to their own abilities, expertise, and background. If you have ever been a part of a meeting when everything just clicked, and ideas built upon other ideas, with each member contributing until out of the group activity came the best, possible idea or solution, that was a Master Mind at work.
Napoleon Hill Believed that you must make the Master Mind experience a regular part of your life if you really want to succeed. How to select the right people for your Master Mind will be discussed further in chapter 11, The Power of the Master Mind.