CHAPTER 2 BREAKDOWN • DESIRE TRANSMUTATION

The 6 Steps to Riches: Napoleon Hill's Exact Formula

In Chapter 2 of Think and Grow Rich, Napoleon Hill presents the exact six-step method by which desire for wealth is transmuted into its financial equivalent. Here is the complete breakdown and practical application template.

Reading time: 8 min • Published: November 2026 • Burning Desire

“The method by which desire for riches can be transmuted into its financial equivalent consists of six definite, practical steps.”

The Exact Six Steps

01 Fix the Exact Amount

Fix in your mind the exact amount of money you desire. It is not sufficient merely to say 'I want plenty of money.' Be definite as to the amount.

02 Determine What You Will Give

Determine exactly what you intend to give in return for the money you desire. There is no such reality as 'something for nothing'.

03 Establish a Definite Date

Establish a definite date when you intend to possess the money you desire.

04 Create a Definite Plan

Create a definite plan for carrying out your desire, and begin at once, whether you are ready or not, to put this plan into action.

05 Write Out a Clear Statement

Write out a clear, concise statement of the amount of money you intend to acquire, name the time limit, state what you intend to give in return, and describe clearly the plan through which you intend to accumulate it.

06 Read Aloud Twice Daily

Read your written statement aloud twice daily, once just before retiring at night, and once after arising in the morning. As you read—see, feel and believe yourself already in possession of the money.

The Written Statement Template (Step 5)

Napoleon Hill provided an exact blueprint for composing your written statement. You must adapt this statement to your own personal vision:

"By the first day of [Month, Year], I will have in my possession $[Exact Amount], which will come to me in various amounts from time to time during the interim.

In return for this money I will give the most efficient service of which I am capable, rendering the fullest possible quantity, and the best possible quality of service in the capacity of [Your Profession, Service, or Business].

I believe that I will have this money in my possession. My faith is so strong that I can now see this money before my eyes. I can touch it with my hands. It is now awaiting transfer to me at the time, and in the proportion that I deliver the service I intend to render in return for it. I am awaiting a plan by which to accumulate this money, and I will follow that plan, when it is received."

The Importance of Reading Aloud (Step 6)

Merely thinking about your statement is insufficient. Reading it aloud stimulates both your auditory and vocal pathways, sending compounded vibrations to your subconscious mind. Repeat this ritual every morning upon arising and every evening right before going to sleep.

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