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  1. My First Million
  2. ‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)
‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)

My First Million · Feb 26, 2026

'Think and Grow Rich' is based on a lie, but its advice holds. The key to success isn't perfection, but prolific creation and taking many shots.

The Self-Help Industry May Attract More Charlatans Than Other Fields

The desire to achieve "guru" status in the self-help space is analogous to the desire for power in politics. This attraction to a position of authority and influence can select for individuals with flawed characters, potentially leading to a higher rate of fraud and deception in the industry.

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works) thumbnail

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)

My First Million·a day ago

Legitimate Self-Help Experts Are Defined by Honesty, Not a Flawless Past

When evaluating a self-help figure, the key differentiator isn't a perfect life. In fact, a "broken past" can be a source of deep expertise from overcoming adversity. The ultimate dealbreaker is dishonesty—lying about one's history or accomplishments to build a false persona.

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works) thumbnail

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)

My First Million·a day ago

Prolific Founders Don't See Their Ventures as 'Attempts,' But as Hobbies and Experiments

Successful entrepreneurs often don't perceive their numerous small projects as failures or formal business attempts. By framing them as hobbies or experiments, they lower the psychological stakes. This allows them to generate the high quantity of ideas necessary to eventually land on a successful one.

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works) thumbnail

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)

My First Million·a day ago

Napoleon Hill Used 'Think and Grow Rich' as a Lead Magnet for His Expensive Course

The book intentionally creates an open loop by alluding to a "secret" to success which it never reveals. This was a marketing tactic to upsell readers on a costly 14-volume course called "The Law of Success," making the book an early example of a tripwire or front-end offer.

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works) thumbnail

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)

My First Million·a day ago

Napoleon Hill Faked the Backstory for 'Think and Grow Rich,' But Its Advice Is Still Valid

The author, Napoleon Hill, was a con man who fabricated the entire origin story of being commissioned by Andrew Carnegie. Despite his fraudulent past, the book’s core principles—like goal-setting, masterminds, and persistence—have been validated by modern research and remain effective.

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works) thumbnail

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)

My First Million·a day ago

The Pottery Class Experiment Proves a Focus on Quantity Yields Higher Quality Creative Work

A professor split a pottery class: one group was graded on the quality of a single pot, the other on the sheer quantity produced. The quantity group not only made more pots but also produced the highest quality work, as rapid iteration fostered skill and removed the paralysis of perfectionism.

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works) thumbnail

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)

My First Million·a day ago

Indie Hacker Peter Levels Succeeded With a 5% Hit Rate, Proving Quantity Drives Quality

The most successful creators are often the most prolific. Peter Levels, a famous indie hacker, revealed that 95% of his 70+ projects failed to make money. His success comes from just four ventures, demonstrating that a high volume of attempts is the necessary path to finding a breakout hit.

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works) thumbnail

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)

My First Million·a day ago

Open Interpreter's Founder Cured His Post-Exit Existential Crisis by Shipping Dozens of Projects

After a lucrative exit, the creator of Open Interpreter found retirement unfulfilling. He overcame his existential crisis not through travel or therapy, but by returning to his passion: building. He shipped dozens of small open-source tools, which reignited his spark and led to his next major success.

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works) thumbnail

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)

My First Million·a day ago

Vanta CEO Christina Cacioppo Built 25+ Failed Projects Before Finding Her Billion-Dollar Idea

The founder of Vanta didn't start with a grand vision for her multi-billion dollar company. Instead, she deliberately followed the 'quantity over quality' principle, teaching herself to code and building over 25 small projects. Her massive success emerged from this prolific experimentation, not a single stroke of genius.

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works) thumbnail

‘Think and Grow Rich’ Is a Lie. (But The Advice Still Works)

My First Million·a day ago