Pt Barnum The Art Of Money Getting
721 reviews 70 followers
Lovely book for a quick boost.
I Enjoyed listening to the golden rules while ironing!
- career
984 reviews 210 followers
Plain talk and practical advice on securing capital, promissory notes, and a reliable team. Not one mention of his circus empire or political career. Quotes : "The foundation of success in life is good health. That is the substratum fortune. It is also the basis of happiness." "To make money requires a clear brain." "There is no class of people in the world to have such good memories as creditors." "How many have almost reached the goal of their ambition, but, losing faith in themselves, have relaxed their energies, and the golden prize has been lost forever." "Work at it, if necessary, early and late, in season and out of season, not leaving a stone unturned, and never deferring for a single hour that which can be done just as well now." "Idleness breeds bad habits, and clothes a man in rags." "A man buys his experience, and it is the best kind if not purchased at too dear a rate." "The possession of a perfect knowledge of your business is an absolute necessity in order to insure success." "You must exercise your caution in laying your plans, but be bold in carrying them out." "If a man adopts the proper methods to be successful, luck will not prevent him." "Go on in confidence, study the rules, and above all things, study human nature." "As a nation, Americans are too superficial - they are striving to get rich quickly, and do not generally do their business as substantially and thoroughly as they should, but whoever excels all others in his own line, if his habits are good and his integrity undoubted, cannot fail to secure abundant patronage, and the wealth that naturally follows. Let your motto then always be "Excelsior," for by living up to it there is no such word as fail." "Engage in one kind of business only, and stick to it faithfully until you succeed, or until your experience shows that you should abandon it. A constant hammering on one nail will generally drive it home at last, so that it can be clinched." "Men should be systematic in their business. " "Keep thoroughly posted in regard to the transactions of the world." "If a man has plenty of money, he ought to invest something in everything that appears to promise success, and that will probably benefit mankind; but let the sums thus invested be moderate in amount, and never let a man foolishly jeopardize a fortune that he has earned in a legitimate way, by investing it in things in which he has had no experience." "Those who deal with the public must be careful that their goods are valuable; that they are genuine, and will give satisfaction." "Advertising is like learning—a little is a dangerous thing! The reader of a newspaper does not see the first mention of an ordinary advertisement; the second insertion he sees, but does not read; the third insertion he reads; the fourth insertion, he looks at the price; the fifth insertion, he speaks of it to his wife; the sixth insertion, he is ready to purchase, and the seventh insertion, he purchases. So a man who advertises at all must keep it up until the public know who and what he is, and what his business is, or else the money invested in advertising is lost." "Politeness and civility are the best capital ever invested in business." "The man who gives the greatest amount of goods of a corresponding quality for the least sum (still reserving for himself a profit) will generally succeed best in the long run." "Say nothing about your profits, your hopes, your expectations, your intentions… If you are losing money, be specially cautious and not tell of it, or you will lose your reputation." "Preserve your integrity. It is more precious than diamonds or rubies." "The public very properly shun all whose integrity is doubted." "He that wants money, means, and content, is without three good friends." - William Shakespeare .
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"It is the eyes of others and not our own eyes that ruin us. If all the world were blind except myself I should not care for fine clothes or furniture." - Benjamin Franklin
- self-improvement
Author 6 books 56 followers
short book that contains universal and timeless principles of making money. I like this part the most: "Engage in one kind of business only, and stick to it faithfully until you succeed, or until your experience shows that you should abandon it. A constant hammering on one nail will generally drive it home at last, so that it can be clinched. When a man's undivided attention is centered on one object, his mind will constantly be suggesting improvements of value, which would escape him if his brain was occupied by a dozen different subjects at once. Many a fortune has slipped through a man's fingers because he was engaged in too many occupations at a time. There is good sense in the old caution against having too many irons in the fire at once."
72 reviews 266 followers
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Edited July 16, 2015 First things first. The title is an exaggeration of the content. You will not find any techniques or ideas for getting rich (assuming that's what you are looking to find); however, Barnum provides 20 rules for the development of character and for personal success. Quotes: "As a nation, Americans are too superficial - they are striving to get rich quickly, and do not generally do their business as substantially and thoroughly as they should, but whoever excels all others in his own line, if his habits are good and his integrity undoubted, cannot fail to secure abundant patronage, and the wealth that naturally follows." "When you get an article which you know is going to please your customers, and that when they have tried it, they will feel they have got their money's worth, then let the fact be known that you have got it. Be careful to advertise it in some shape or other because it is evident that if a man has ever so good an article for sale, and nobody knows it, it will bring his no return."
In a nutshell: there are no shortcuts to wealth, aside from right vocation, good character, and perseverance - and don't forget to advertise.
- business economics prosperity-classics
Author 3 books 39 followers
Target audience: General public, people of all ages, except children. About the author: Phineas Taylor Barnum was born on July 1810 in Bethel, Connecticut. He is an American writer and publisher. He was widely known as a philanthropist and a politician. At the age of 12, he displayed passionate about business by starting selling lottery tickets. He has written many books, and The Art of Getting Money is one of them. He was a great personality and personal purpose to place money in his own box. Structure of the book: The book is divided in 21 small parts. Overview: The book is a business model book of all time. Barnum emphasized that right vocation is the surest way of succeeding in business. This is obviously and strategically the first step in succeeding in the business world – the right vocation. Without finding the right vocation first, a man will just go around sporadically, without focus, and in such a setting, nothing can be achieved. Each person is born for a specific purpose, and the unexpected disparity between us suggests that people were made to do certain things that are different from others. Barnum explains that it is not enough just to do the work you love, but you must be careful where you do it; it is not advisable to commence a business where there are already enough to meet all demands in the same occupation. Quote: "The safest plan and the one most sure of success for the young man starting in life, is to select the vocation which is most congenial to his tastes." Strong Points: It is a speedy read but solid information. It contains high-quality and realistic lessons on how to make money without fail. The truths in this book are timeless in the wisdom and understanding and remain valid irrespective of the business or idea anyone has in view. The book focuses, and full details on how one can run a successful business in any part of the world at any dispensation with strong points as The right vocation, Right location, Avoidance of debt, Perseverance, Using the best tools (Human Capital), Integrity, and Being Systematic. Weak Points: There are several chapters which I think need more details. It seems like the book encourages someone to give all its resources and time in making money. It encourages someone to give his all preference to only money among all the things. It gives a perception that money is everything. The author implies that some can buy even happiness with money, which is totally wrong in my opinion. You cannot buy happiness with money you can only buy things with money not emotions.
Lots of people with brilliant minds and ideas to succeed in the business world have failed, because they were caught in the web of 'debt'. Anyone aspiring for greater business oriented should avoid running into debt, because debt is like a trap. Instead of debt, people have to key to a perfect business is discipline and perseverance. While some people are born with the nature of weariness, laziness, and no perseverance, they can develop and nurture this trait.
In Barnum's vision business industry requires technocrats, and it is good for anyone doing business to maintain them and provide them with the right conditions for them to work more efficiently. Learn something useful, let hope predominate and do not scatter your powers are another issues raised in the book. The writer encourages us to learn more about our profession, skills, and expertise; this will make it possible to become updated with present-day needs for running the business efficiently, in this ever-changing world that we live in.
Furthermore, Barnum Phineas added that one should be systematic in business, be cautious of outside operations and do not endorse without security. All these are part of qualities that makes businesses survive and flourish even in uncertain conditions.
Advertise your business is another point that the author reaffirmed. He observed that "We all depend, more or less, upon the public for our support and trading." Doing business means dealing with different people with different diversity, and the best way to promote the business is offering them the best quality services at any given time.
Barnum Phineas concluded the book with a message of politeness to customers, charitableness and maintaining a sound integrity. With this book, one can be sure of running a successful business as long as the business adapts the principles stated therein.
- psychology
285 reviews 9 followers
This book won't make you rich, but there are worse ways to spend an hour. Quick read with a few good nuggets. -Spend less than you make Favorite quote: "WHATEVER YOU DO, DO IT WITH ALL YOUR MIGHT Work at it, if necessary, early and late, in season and out of season, not leaving a stone unturned, and never deferring for a single hour that which can be done just as well now. The old proverb is full of truth and meaning, "Whatever is worth doing at all, is worth doing well." Many a man acquires a fortune by doing his business thoroughly, while his neighbor remains poor for life, because he only half does it. Ambition, energy, industry, perseverance, are indispensable requisites for success in business. Fortune always favors the brave, and never helps a man who does not help himself."
-Avoid debt, particularly consumer debt
-Don't worry about what other people buy, possess, or desire
-Don't be a drunk
-Save and earn interest on your money
-Don't be lazy
-Don't start a business on borrowed money
-Be systematic and disciplined
-Focus on one job at a time (avoid "too many irons in the fire")
-Read the newspaper
-Don't lend money frivolously
-Give with intention, specifically choosing to help those who are helping themselves
-Be private - don't blab about financial successes or failures
-Use business and money to better the human race
- financial non-fiction self-help
164 reviews 2 followers
Solid financial, business, and life advice. I think the only negative critique I have of Barnum's book is simply that he somewhat dismisses the possibility of being in poverty (or at least not wealthy) merely out of happenstance. Barnum seems to believe that practicing good wisdom with money and business will inevitably lead to wealth. But this is certainly not always the case. And it really shouldn't even be the goal, anyway. Nevertheless, even if he errs somewhat when it comes to the goal, he does give very good, practical advice. Very easy to read and follow, and although much of it should be common sense, much of it is not commonly followed. I was certainly challenged by it.
186 reviews 3 followers
A very quick read, and one that although it is from over 100 years ago... it still holds true. there is a lot of sage wisdom contained in this book - especially with pertaining to debt and why you shouldnt get yourself into it. it almost makes the book shine, given the current debt situation we find ourselves in. perhaps a book like this - short and to the point with a lot of general advice on how to handle your money - should be something of required reading.
- read-and-reviewed
109 reviews
I downloaded this full intending to laugh at the old outdated advice but he actually had some solid quotes and excellent writing.
21 reviews 1 follower
A college class introduced P.T. Barnum, America's Greatest Showman, to me and it was fun to discover that he had written this quaint little book with suggestions on how to make money. "Politeness and civility are the best capital ever invested in business." Despite the age of this book, that and many other suggestions hold true today.
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Pt Barnum The Art Of Money Getting
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