The Golden Rules of Acquiring Wealth

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Overview

able of Contents:

The Golden Rules of Acquiring Wealth.
DON’T MISTAKE YOUR VOCATION.
RIGHT PLACE, RIGHT TIME.
AVOID DEBT LIKE A PLAGUE.
PERSEVERENCE IS REALLY ANOTHER WORD FOR SELF-RELIANCE.
WHATEVER YOU DO, DO IT WITH ALL YOUR MIGHT.
DEPEND UPON YOUR OWN PERSONAL EXERTIONS.
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 DAILY PAPERS.
BEWARE OF “OUTSIDE OPERATIONS”.
DON’T INDORSE WITHOUT SECURITY.
ADVERTISE YOUR BUSINESS.
BE POLITE AND KIND TO YOUR CUSTOMERS.
BE CHARITABLE.
DON’T BLAB.
PRESERVE YOUR INTEGRITY.
Recommended Reading.


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. Parents and guardians are often quite too negligent in regard to this. It very common for a father to say, for example: “I have five boys. I will make Billy a clergyman; John a lawyer; Tom a doctor, and Dick a farmer.” He then goes into town and looks about to see what he will do with Sammy. He returns home and says “Sammy, I see watch-making is a nice genteel business; I think I will make you a goldsmith.” He does this, regardless of Sam’s natural inclinations, or genius.

We are all, no doubt, born for a wise purpose. There is as much diversity in our brains as in our countenances. Some are born natural mechanics, while some have great aversion to machinery. Let a dozen boys of ten years get together, and you will soon observe two or three are “whittling” out some ingenious device; working with locks or complicated machinery. When they were but five years old, their father could find no toy to please them like a puzzle. They are natural mechanics; but the other eight or nine boys have different aptitudes. I belong to the latter class; I never had the slightest love for mechanism; on the contrary, I have a sort of abhorrence for complicated machinery. I never had ingenuity enough to whittle a cider tap so it would not leak. I never could make a pen that I could write with, or understand the principle of a steam engine. If a man was to take such a boy as I was, and attempt to make a watchmaker of him, the boy might, after an apprenticeship of five or seven years, be able to take apart and put together a watch; but all through life he would be working up hill and seizing every excuse for leaving his work and idling away his time. Watch making is repulsive to him.

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, from the blacksmith up (or down) to the clergyman. You will see, for instance, that extraordinary linguist the “learned blacksmith,” who ought to have been a teacher of languages; and you may have seen lawyers, doctors and clergymen who were better fitted by nature for the anvil or the lap stone.


RIGHT PLACE, RIGHT TIME


After securing the right location, you must be careful to select the proper location. You may have been cut out for a hotel keeper, and they say it requires a genius to “know how to keep a hotel.” You might conduct a hotel like clock-work, and provide satisfactorily for five hundred guests every day; yet, if you should locate your house in a small village where there is no railroad communication or public travel, the location would be your ruin.

It is equally important that you do not commence business where there are already enough to meet all demands in the same occupation.


AVOID DEBT LIKE A PLAGUE

Young men starting in life should avoid running into debt. That’s a given. There is scarcely anything else that drags a person down like debt. It is a slavish position to get ill, yet we find many a young man, hardly out of his “teens,” running in debt (and yes, this has been going on for centuries as long as men and history could remember). He meets a chum and says, “Look at this: I have got trusted for a new suit of clothes.” He seems to look upon the clothes as so much given to him; well, it frequently is so, but, if he succeeds in paying and then gets trusted again, he is adopting a habit which will keep him in poverty through life. Debt robs a man of his self-respect, and makes him almost despise himself.

Grunting and groaning and working for what he has eaten up or worn out, and now when he is called upon to pay up, he has nothing to show for his money; this is properly termed “working for a dead horse.” I do not speak of merch
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Product Details

  • BN ID: 2940014308953
  • Publisher: 99 ¢ store, save a lot more
  • Publication date: 3/14/2012
  • Sold by: Barnes & Noble
  • Format: eBook
  • File size: 499 KB

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