The Art of Money Getting by P.T. Barnum, America's Greatest Showman, is filled with wisdom about how to earn money and how to become successful and wealthy
Here are some of the parts in the book that I underlined.
"We are all, no doubt, born for a wide purpose. There is much diversity in our brains as is our countenances."
Unless a man enters upon the vocation intended for him by nature, and best suited to his peculiar genius, he cannot succeed."
"John Randolph, the eccentric Virginian, once exclaimed in Congress, "Mr. Speaker, I have discovered the philosopher's stone: pay as you go."
"Many persons naturally look on the dark side of life, and borrow trouble. They are born so."
"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."
"Mr Astor said it was more difficult for him to accumulate his first thousand dollars, than all the succeeding millions that made up his colossal fortune."
"Many people are always kept poor, because they are too visionary. Every project looks to them like certain success, and therefore they keep changing from one business to another."
"Many a fortune has slipped through a man's fingers because he was engaged in too many occupations at a time."
Phineas Taylor "P. T." Barnum, author of The Art of Money Getting, was an American politician, showman, and businessman remembered for promoting celebrated hoaxes and for founding the Barnum & Bailey Circus.
Although Barnum was also an author, publisher, philanthropist, and for some time a politician, he said of himself, "I am a showman by profession...and all the gilding shall make nothing else of me", and his personal aim was "to put money in his own coffers".Barnum is widely, but erroneously, credited with coining the phrase "There's a sucker born every minute"
P. T. Barnum, the great American showman of the 19th century, wrote The Art of Money Getting, 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.