At the time Carnegie was said to rely on 50 people, and it seems like a lot but I am pretty sure owner and CEO of Amazon Jeff Bezos is not that far from relying on such a big number of directors (mastermind members) in order to make his company grow. These companies have a well organized group of experts (the Management) working in harmony to ensure the success of the company. In practice, any successful corporation has a master mind. It is important all the members think the same way but have different knowledge, while showing a positive mental attitude to help each other. Napoleon Hill defines a master mind as group of people who complement each other in order to accomplish a goal. How did Napoleon Hill define a mastermind group?
This truth may definitely boost your financial status and the only way to accumulate outstanding amounts of power. This form of cooperative alliance has been the basis of nearly every great fortune. Napoleon Hill in Think and Grow Rich, Chapter 10 : Power of the Mastermind Two or more people actively engaged in the pursuit of a definite purpose with a positive mental attitude, constitute an unbeatable force. Even more, when a Mastermind is formed, the increased power is available not only to the coordinator but also to each member of the Mastermind alliance. When several minds work together in perfect harmony, they create synergies and the resulting power is bigger than the sum of the individual powers. He attributed his entire fortune to the power he accumulated through his Mastermind. Carnegie’s Mastermind group consisted of a staff of about 50 men for the purpose of manufacturing and marketing steel. The Mastermind principle and its economic feature was mentioned by Andrew Carnegie. Men take on the nature and habits, and the power of thought of those which whom they associate in a spirit of sympathy and harmony. If power is knowledge, there are three sources summarized as follows: Power is required for the accumulation of money, but also for its retention. This is because plans are inert and useless without sufficient power to translate them into action. In Chapter 10: Mastermind, Napoleon Hill says power may be defined as “ organized and intelligently directed knowledge” and is essential for success in the accumulation of money. 5 Warning : Do not confuse mastermind with master mind! Summary: Power of the Mastermind Nature of power : how does Napoleon Hill define power?
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