Specialized Knowledge

The Fourth Step to Riches

“THERE are two kinds of knowledge. One is general. the other is specialized. General knowledge. no matter how great in quantity or variety it may be, is of but little use in the accumulation of money. The faculties of the great universities possess, in the aggregate. practically every form of general knowledge known to civilization. They specialize on teaching knowledge, but they do not specialize on the organization, or the use of knowledge.” Page 79, think and Grow Rich

“KNOWLEDGE will not attract money, unless it is organized, and intelligently directed, through practical Plans OF Action, to the DEFINITE END of accumulation of money. Lack of unders stnnding of this fact has been the source of confusion to millions of people who falsely believe that “knowledge is power.” It is nothing of the sort! Knowledge is only potential power. It becomes power onlywhen, and if, it is organized into definite plans of action, and directed to a definite end.” Page 79-80, Think and Grow Rich

“This “missing link” in all systems of education known to  civilization today, may be found in the failure of educational institutions to teach their students HOW TO ORGANIZE AND USE  KNOWLEDGE AFTER THEY ACQUIRE IT.” Page 80, Think and Grow Rich