Why Temporary Defeat Means Fix Your Plan

"think and grow rich" chapter 7 Jun 19, 2025

“Temporary defeat should mean only one thing, the certain knowledge that there is something wrong with your plan. Millions of men go through life in misery and poverty, because they lack a sound plan through which to accumulate a fortune.” Page 91 “Think and Grow Rich.”

Meet Lisa, a motivated graphic designer who wanted to quit her job and build a thriving freelance business. Inspired by Think and Grow Rich, she used Hill’s famous 6-step plan for wealth:

Step 1. She set a clear money goal: earn $100,000 in one year.

Step 2. She decided to offer premium design packages in exchange.

Step 3. She set a date and committed to launch her services within 30 days.

Step 4. She created an action plan: build a portfolio, run ads, and pitch businesses.

Step 5. She wrote it all down in detail.

Step 6. She read it daily with complete faith.

Excited and driven, Lisa launched her services. But within three months, she was barely getting clients, and her savings were dwindling fast.

At first, Lisa felt like a failure. But then she remembered Hill’s advice: temporary defeat means only one thing; fix the plan!

So, Lisa dug deep. She realized she wasn’t targeting the right audience. Her pricing didn’t match her market. And she was spending more time making Instagram posts than building genuine business partnerships.

She rewrote her plan to focus on networking, sending personalized proposals, and partnering with agencies who needed her services.

In six months, Lisa’s income tripled. She reached her $100,000 goal by the end of the year. She turned defeat into success, by building a sound, practical plan.

This quote shows you that your 6-step plan isn’t rigid — it’s a flexible map. If you hit a wall, don’t abandon your goal; improve the route:

  • Check what part of your plan isn’t working.
  • Gather new information and seek advice.
  • Adjust your actions to match reality.

Most people fail not because they lack ambition, but because they keep repeating an unsound plan. Don’t be one of them. Build wealth with a plan that works and remake it as often as you need. Napoleon Hill’s wisdom reminds us: temporary defeat is feedback, not failure. Your 6-step plan is powerful only if you keep it realistic, practical, and adaptable.

Every setback points to a better way. Use it. Improve your plan. And grow rich, exactly as Hill intended. Want help refining your plan? Join our weekly online discussion group.

What If You Could Start Creating More Financial Momentum in Just 7 Days?

Reading about financial success can give you ideas. Taking action is what begins to create change.

That's why I created the FREE Money Momentum Starter Guide Workbook—a practical starting point for anyone who wants to make greater financial progress by managing their money more intentionally, exploring opportunities to create additional income, and developing habits that keep them moving forward.

Inside the FREE Starter Guide, you'll discover:

  • Where you are financially today and where you'd like to make progress
  • Opportunities to take greater control of the money already flowing through your life
  • Skills, knowledge, and experience you may be able to turn into additional income
  • Practical actions you can begin taking right away
  • How to create your own 7-Day Money Momentum Action Plan

You don't need to have everything figured out. You don't need a perfect financial plan or a great business idea. You simply need a starting point and a willingness to take the next step.

Want Some Help Working Through It?

You can complete the Money Momentum Starter Guide entirely on your own for free, or for a one-time $5 upgrade, get 30 days of access to your own Money Momentum AI Assistant to help you work through the workbook.

Your AI Assistant can help you think through questions, explore possibilities when you're unsure what to write, dig deeper into your answers, and turn what you discover into practical next steps and your personalized 7-Day Money Momentum Action Plan.

Start Building Your Money Momentum Today. Download your FREE Money Momentum Starter Guide Workbook and take your first step toward greater financial progress.

GET YOUR FREE STARTER GUIDE