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Chapter 5 – Think and Grow Rich – Specialized Knowledge
Click Play to listen to Chapter 5 of “Think and Grow Rich” by Napoleon Hill



Knowledge Is NOT Power

Knowledge alone does not attract money, it must be organized and intelligently directed, through practical plans of action to a definite end before it will aid in the accumulation of money.


Knowledge needs energy, and that energy is derived from understanding how to organize and use the knowledge you have acquired. Unless your knowledge is organized and intelligently directed through practical plans of action to a definite plan of accumulation of money, it is of no benefit to the achievement of wealth.


There are 2 kinds of knowledge in the world, general knowledge and specialized knowledge.

  • General Knowledge – is of little use in the achievement of wealth.
  • Specialized Knowledge – is knowledge of the service, merchandise or profession you plan to offer in return for your fortune.
  • Desire is transmuted into wealth through the proper use of specialized knowledge.


    How to acquire Specialized Knowledge

    Your major purpose in life or the goal toward which you are working will help identify the specialized knowledge you need. Finding accurate information from dependable sources is obviously important, the following list are just some the sources you should utilize.

  • Your own experience and education
  • Experience and education available through cooperation with others (Your Mastermind Group)
  • Colleges and Universities
  • Special Training (i.e. Home Study Courses, working with a Mentor/Coach)
  • The Public Library (Yes they still exist)
  • The Internet (You can find all the knowledge you need Online but make sure to research your sources as well.)
  • Specialized Knowledge, plus Imagination are the essential ingredients that spur the growth of ALL businesses.

    But remember, the IDEA is the main thing. All ideas will require the use of specialized knowledge to bring them to life. Specialized Knowledge is not the secret, merely a tool to bring the Idea to life.


    Develop the habit of observing how others get ahead, of seeing opportunity, and embracing it without hesitation.

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