Mindset Mastery 172 – The Truth About Freedom

Mindset Mastery eBookNapoleon Hill believed that few people truly understand or appreciate the true impact of freedom, money, and wealth in the capitalist money system. It seems a timeless topic (as Hill’s lessons are) that many still do not understand all these years after the publication of Think and Grow Rich.

The Whole Truth

You should know the full truth concerning freedom of which so many people boast, and so few understand. As great as it is, as far as it reaches, as many privileges as it provides, it does not, and cannot bring wealth without effort.

There is only one dependable method of accumulating, and legally holding riches, and that is by rendering some service of use. No system has ever been created by which men can legally acquire wealth through mere force of numbers, or without giving in return an equivalent value of one form or another.

Unbeatable Laws Of Wealth

There is a principle known as the law of economics! This is more than a theory. It is a law no man can beat.

Mark the name of the principle, and remember it, because it is far more powerful than all the politicians and political machines. It is above and beyond the control of all the labor unions. It cannot be swayed, nor influenced nor bribed or self-appointed leaders in any calling. Moreover, it has an all-seeing eye and a perfect system of bookkeeping, in which it keeps an accurate account of the transactions of every human being engaged in the business of trying to get without giving. Sooner or later its auditors come around, look over the records of individuals both great and small, and demand an accounting.

“Wall Street, Big Business, Capital Predatory Interests,” or whatever name you choose to give the system which has given us American freedom represents a group of people who understand, respect, and abide by this powerful Law of Economics! Their financial continuation depends upon their respecting the law.

What Your Wealth Depends On

Your wealth, just as Napoleon Hill says here, depends on a basic understanding and implementation of the Law of Economics. And that law is simple—give so that you can receive. Give value in service in some form, and you, too, can build wealth upon it. Put the effort into accumulating wealth and it can be yours; but it will never be yours without your active participation.

Sean Rasmussen
Success Communicator
Aussie Internet Marketer © 2004 – 2010

About Sean Rasmussen

Sean Rasmussen is a passionate blogger and has been a full time internet marketer since 2005. When he's not with his family, or dog Buddy, Sean is usually blogging or doing something related to the internet.


  1. Its interesting that once you become aware of this “law of economics”, that your realize how many people a unaware of this principle. This simple philosophy should be taught at high school, to better prepare young adults for more successful life.
    .-= Cade Arnel´s last blog ..Trading Plan – Defining your Successful Trade Entry Method =-.

    • There’s a lot more than the law of economics that should be taught in school that isn’t but you’re right, that’s a very important one. What does it teach a student when they are socially promoted or their marks are glanced over because they tried hard? When they get out into the work force do they think they’ll be promoted if they slack hard enough at what they’re doing?
      .-= Sarah Butland´s last blog ..I Am Attracting You and Your Vote Via Law Of Attraction =-.

  2. ‘Lotto lout’ Michael Carroll back on the dole after squandering his £9.7m on drugs and prostitutes
    Read more: http://www.dailymail.co.uk/news/article-1249209/Lotto-lout-Michael-Carroll-dole-squandering-millions.html#ixzz0flHaZtHp

    The message I receive from this post is to give service in order to receive back wealth: give effort to accumulate that wealth, and become wealthy.
    .-= Wal Heinrich´s last blog ..Genetically Modified Foods – Are They Worth the Risk? =-.

    • Wal… I am constantly surprised – don’t know why – when I hear stories about people who throw away their lotto winnings. I think I remember a story here in Australia about a man who won 30 million & it went in a blink of an eye – caused soooo many family arguments etc. Inept people who totally “lose it” mentally when they go from having no money to squid-dillionnaires overnight.

      They don;t understand the principles of success and wealth. Everyone on planet Earth should be made to read Think and Grow Rich.
      .-= Samantha Banfield´s last blog ..Sean Rasmussen and his crazy talk! =-.

      • I fully agree that all should read the book. It should also be extended into the libraries of the schools.

        We have cases back home where lotto winnings have been squandered as well. Worse still was the case of someone who thought they had won and proceeded to call their employer and let him no in explicit language what he could do with his job.
        Unfortunately when he checked his ticket on the Monday morning he found he only had second prize and no job!
        .-= Gee´s last blog ..Why You Should Just Ignore Fad Diets (Part 2) =-.

      • Winning the lottery doesn’t teach the winner the value of money such like working for it does. If I won, of course I’d be happy and spend a lot of it wisely and some of it stupidly while investing most of it and continue to do what I love to do because it’s who I am.
        .-= Sarah Butland´s last blog ..I Am Attracting You and Your Vote Via Law Of Attraction =-.

      • Hi Sam,

        I think this happens because they haven’t earned the money themselves. So, they don’t know how to take care of it. There are people who say that if you can’t manage $20 then you won’t be able to manage a few million.

        I think this is true. You have to learn to manage what you’ve got first. I’m not sure how or why lotto wins happen though.
        .-= Jazz Salinger´s last blog ..Sean Rasmussen – Aussie Internet Marketer Making a Difference =-.

  3. Hi Sean, The law of economics is something I will need to study to understand the principles. I had not heard about this law before. It’s so interesting. I guess it could be the basis of the principle of a well known saying that, nothing is for nothing. I may be on the right track…

  4. Hi Sean, Napoleon Hill wrote down the very basic truth of life that we try to avoid a lot of times – give and you shall be given. It’s interesting how many of these truth you can find in the old religious books if you read them with an open mind and not with the interpretation of others in your head.
    So why is it so hard for us to just follow this rule and teach it to our kids?
    Treat others (and yourself) the way you want to be treated and be active to achieve your dreams. And you don’t need to harm anyone to get what you want if you are willing to take action and therefore create something of value for others.
    .-= Renee´s last blog ..Secrets Of The Millionaire Mind by T Harv Eker – Book review =-.

  5. I have heard of the Law of Economics and read (to be honest) very little on it.

    I have read much however on the Pareto principle, which i think is related to the Law of Economics. The Pareto principle is also known as the 80-20 rule. Basically this means that roughly 80% of the effects come from 20% of the causes. So that’s just like saying 80% of sales comes from 20% of your customers.
    .-= Cemil´s last blog ..Thesis Theme 1.7 – Update =-.

    • Hi Cemil,

      I love the Pareto Principle and I think it’s true. In some ways it’s pretty scary that 80% of your results come from 20% of your actions.

      It’s like most of the things you do are just things keeping you busy. It’s only a small amount of things that actually affect the major outcomes. I really need to spend more time on the 20%.
      .-= Jazz Salinger´s last blog ..Finding Your Passion =-.

  6. I may not have alot of that stuff you people call “money” but that sorta thing is just an illusion for my real wealth is what is in my heart, mind and soul!!

    I don’t want to sound corny but that’s stuff I don’t tell people about generally cause they might think I am being corny instead of witty!! It’s all true underneath my witty exterior is a corny underneath-area (or the opposite to exterior). What they say about books does really ring true with me… so if anyone of you meets me one day, you might want to keep that in mind.

    But back to my point… this “money” stuff people think they need to “get anywhere in life” is a load of bamboozalooos (new word I just made) – what Sean is saying here makes alot of hagdiggidies (another new one). Foucault, if I can take my mind back to my University studies, said “Knowledge is Power” – he even wrote a whole book on it! As far as I am concerned you could read the title of the book and say you’ve read the whole thing it’s time to get some knowledge. With true knowledge that applies to you, that sparks your internal flame, will soon be a raging fire… you’ll take that knowledge and make it happen for yourself.
    .-= Samantha Banfield´s last blog ..Sean Rasmussen and his crazy talk! =-.

    • When reading this post I was almost convinced to purchase a plane ticket to go meet you, Samantha lol. Seriously, you’re not corny at all, even in your interior. Being rich is much more than having money in your bank account ,as you know, and, although it helps it can also hinder and distract your purpose if you were monetarily rich.

      I work hard every day to succeed and success is all the more sweeter because of it.

  7. The Whole Truth, nothing but the truth….Unabeatalbe laws of wealth, The Truth About Freedom…I have a great quote that I live by “What you give out you get back tenfold”. I believe that to give the most, you will receive even more 🙂 That is true Freedom….its freedom of the mind, freedom of the spirit and freedom to live. If you are acting in good faith every single day then you will be free to live the life of your dreams..there are many forms of wealth – the most priceless one is to live your life with honesty, integrity, passion, love, faith, belief and be the best person you can ever be. That is true Wealth, money will follow 🙂
    .-= Lisa Wood´s last blog ..Its Meant To Be =-.

  8. Jazz Salinger says:

    Hi Sean,

    I’ve always understood the principles behind the Law of Economics. It makes perfect sense that we need to give something of value first before we can receive anything for it.

    I’ve always believed that you don’t get something for nothing. You always have to put the effort in first, no matter what it is. I think that sometimes the lessons you learn when you give far outweigh anything you ever get in return.

    I think focusing on giving makes us an asset to society and focusing on getting makes us a drain. We need to choose which one we will be.

  9. There is a great lesson on this post about the truth of freedom.

    Far too many can’t appreciate the concept of exchange of goods and services for payment. What you work for is far more valuable
    .-= Gee´s last blog ..Why You Should Just Ignore Fad Diets (Part 2) =-.

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