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"Those who really desire to attain an independence, have only to set their minds upon it, and adopt the proper means, as they do in regard to any other object which they wish to accomplish, and the thing is easily done. But however easy it may be found to make money, I have no doubt many of my hearers will agree it is the most difficult thing in the world to keep it. The road to wealth is, as Dr. Franklin truly says, "as plain as the road to the mill." It consists simply in expending less than we earn; that seems to be a very simple problem." PT Barnum
A get-rich-quick guide: “The splashy creator of The Greatest Show on Earth proves as sensible and level-headed about the almighty dollar as your CPA” (The Delve). Who better to teach you how to make money than one of America’s greatest showmen and promoters? The founder of the Barnum & Bailey Circus and freak show exhibitor, P. T. Barnum had his finger on the pulse of nineteenth-century America. In The Art of Money Getting, he shares his secrets to success—from staying out of debt to advertising and the upkeep of customer relations—tips that remain timely to this day. “Barnum’s autobiography tells his colorful story, but it is The Art of Money Getting or Golden Rules of Making Money that offers a recipe book for prosperity. Consistent with a great marketer, the title is a slight exaggeration of the content. There are, in fact, no detailed ideas or techniques for getting rich. Instead, the author provides 20 rules for personal success and the development of good character that, indirectly, will make a person’s financial rise almost inevitable.” —Citywire “There is wisdom embedded in his words. . . . The book is packed with practical advice that we’ve heard before but need hearing again.” —The Invisible Mentor “Highlights how he made his fortune, became bankrupt and then worked his way back to the top again. Much of his guidance is still applicable today.” —Medium
The Art of Money Getting P. T. Barnum - Those who really desire to attain an independence, have only to set their minds upon it, and adopt the proper means, as they do in regard to any other object which they wish to accomplish, and the thing is easily done. But however easy it may be found to make money, I have no doubt many of my hearers will agree it is the most difficult thing in the world to keep it. Yet I beg to say that perhaps more cases of failure arise from mistakes on this point than almost any other. The fact is, many people think they understand economy when they really do not. True economy consists in always making the income exceed the out-go. A penny here, and a dollar there, placed at interest, goes on accumulating, and in this way the desired result is attained. It requires some training, perhaps, to accomplish this economy, but when once used to it, you will find there is more satisfaction in rational saving than in irrational spending.
If, then, sound health is the foundation of success and happiness in life, how important it is that we should study the laws of health, which is but another expression for the laws of nature! The nearer we keep to the laws of nature, the nearer we are to good health, and yet how many persons there are who pay no attention to natural laws, but absolutely transgress them, even against their own natural inclination. We ought to know that the “sin of ignorance” is never winked at in regard to the violation of nature's laws; their infraction always brings the penalty. A child may thrust its finger into the flames without knowing it will burn, and so suffers, repentance, even, will not stop the smart. Many of our ancestors knew very little about the principle of ventilation. They did not know much about oxygen, whatever other “gin” they might have been acquainted with; and consequently they built their houses with little seven-by-nine feet bedrooms, and these good old pious Puritans would lock themselves up in one of these cells, say their prayers and go to bed. In the morning they would devoutly return thanks for the “preservation of their lives,” during the night, and nobody had better reason to be thankful. Probably some big crack in the window, or in the door, let in a little fresh air, and thus saved them.
P. T. Barnum, the great American showman of the 19th century, wrote this short book about making and keeping money. He certainly had life experiences that qualify him for the subject--he started a small newspaper in his twenties, bought and transformed a museum into a showplace for curiosities, built a circus empire that gave performances in America and Europe, promoted a performing tour of a singer, fell into debt in the 1850s and pulled himself out by lecture tours, was a mayor, and founded a hospital.Excerpts:"Those who really desire to attain an independence, have only to set their minds upon it, and adopt the proper means, as they do in regard to any other object which they wish to accomplish, and the thing is easily done. But however easy it may be found to make money, I have no doubt many of my hearers will agree it is the most difficult thing in the world to keep it. ... True economy consists in always making the income exceed the out-go.""Unless a man enters upon the vocation intended for him by nature, and best suited to his peculiar genius, he cannot succeed. I am glad to believe that the majority of persons do find their right vocation. Yet we see many who have mistaken their calling..."His advice is indicated by the chapter titles:DON'T MISTAKE YOUR VOCATION,SELECT THE RIGHT LOCATION,AVOID DEBT,PERSEVERE,WHATEVER YOU DO, DO IT WITH ALL YOUR MIGHT,USE THE BEST TOOLS,DON'T GET ABOVE YOUR BUSINESS,LEARN SOMETHING USEFUL,LET HOPE PREDOMINATE, BUT BE NOT TOO VISIONARY,DO NOT SCATTER YOUR POWERS,BE SYSTEMATIC,READ THE NEWSPAPERS,BEWARE OF "OUTSIDE OPERATIONS",DON'T INDORSE WITHOUT SECURITY,ADVERTISE YOUR BUSINESS,"DON'T READ THE OTHER SIDE",BE POLITE AND KIND TO YOUR CUSTOMERS,BE CHARITABLE,DON'T BLAB,PRESERVE YOUR INTEGRITY.
P. T. Barnum, the great American showman of the 19th century, wrote this short book about making and keeping money. He certainly had life experiences that qualify him for the subject--he started a small newspaper in his twenties, bought and transformed a museum into a showplace for curiosities, built a circus empire that gave performances in America and Europe, promoted a performing tour of a singer, fell into debt in the 1850s and pulled himself out by lecture tours, was a mayor, and founded a hospital.P.T. Barnum, in full Phineas Taylor Barnum, (born July 5, 1810, Bethel, Connecticut, U.S.-died April 7, 1891, Bridgeport, Connecticut), American showman who employed sensational forms of presentation and publicity to popularize such amusements as the public museum, the musical concert, and the three-ring circus. In partnership with James A. Bailey, he made the American circus a popular and gigantic spectacle, the so-called Greatest Show on Earth.
The book is packed with practical advice that we've heard before but need hearing again. Despite this, I struggled reading this book, because of the disconnect between what I was reading, and who Barnum was. He talks about valuing your customers, and operating with integrity, which are very good things. However, Barnum was a scam artist and hoaxer, who manipulated the people who came to see his shows.This book is written in the format of listing the golden rules for making money according to PT Barnum. There was a movie released recently called The Greatest Showman about PT Barnum's success. Even though the book is written from the perspective of an earlier time, the terminology was not difficult to apply to today. Before the "rules" are laid out, the introduction makes it sound simple and easy to make money. It says it's not difficult to make money and the road to wealth is plain. But it then explains that it's only easy for people who really understand economics. Examples were given of saving on many small expenses that make it feel like you are trying to save more money, when many people that do that end up spending more on one thing that is something much more expensive that they could do without. The introduction also says that some of the worst reasons people spend more money than they have are due to what can be called sinful behaviors. They want to keep up with their neighbors and be seen as successful, or they have bad habits like tobacco that cost money and ruins their health, or they drink too much that not only cost money and ruins their health but also does not let them think clearly.The Art of Money Getting: Golden Rules for Money Making" written by P.T. Barnum, is a very noble, helpful and inspiring read, still until this day. Barnum is basically listing out the different ways he believes are helpful to not only getting but attaining money as well, while going into detail as how to do such. The way he gets his point across in the book is surprisingly relatable, often telling stories that almost anyone can relate to.His main point in regards to obtaining money is that there are a lot of ways in which one needs to be smart in how they go about and what they do with the money they receive. Barnum separates the topics in his book by stating exact phrases that coincide with what you should do with your money, such as "Avoid Debt", "Use The Best Tools", "Advertise Your Business", and "Preserve Your Integrity". It seems that in sectioning off his book in that way, he wanted to make it easier for people to find the section that best applies to the circumstance they are currently in.
P.T. Barnum may be best known as the greatest showman in the world, but his real talent was in how to turn an idea into a business. In the concise book he shares his secrets to growing wealth.
The Art of Money Getting, or Golden Rules for Making Money: Large Printby P. T. BarnumP. T. Barnum, the great American showman of the 19th century, wrote this short book about making and keeping money. He certainly had life experiences that qualify him for the subject--he started a small newspaper in his twenties, bought and transformed a museum into a showplace for curiosities, built a circus empire that gave performances in America and Europe, promoted a performing tour of a singer, fell into debt in the 1850s and pulled himself out by lecture tours, was a mayor, and founded a hospital.Excerpts:"Those who really desire to attain an independence, have only to set their minds upon it, and adopt the proper means, as they do in regard to any other object which they wish to accomplish, and the thing is easily done. But however easy it may be found to make money, I have no doubt many of my hearers will agree it is the most difficult thing in the world to keep it. ... True economy consists in always making the income exceed the out-go.""Unless a man enters upon the vocation intended for him by nature, and best suited to his peculiar genius, he cannot succeed. I am glad to believe that the majority of persons do find their right vocation. Yet we see many who have mistaken their calling..."
P. T. Barnum, the greatest American showman of the 19th century, wrote this short book about making and keeping money. He certainly had life experiences that qualify him for the subject--he started a small newspaper in his twenties, bought and transformed a museum into a showplace for curiosities, built a circus empire that gave performances in America and Europe, promoted a performing tour of a singer, fell into debt in the 1850s and pulled himself out by lecture tours, was a mayor, and founded a hospital. He summarized his philosophy for creating and retaining wealth into 21 simple steps anyone can follow.