The Art of Money Getting by P. T. Barnum (superbooks4u txt) ๐
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P. T. Barnum, the legendary entertainer and co-founder of the Barnum and Bailey Circus, was not just a successful businessman, but a philanthropist and writer as well. This short, pamphlet-length work distills Barnumโs advice on achieving success and wealth, in his own words.
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- Author: P. T. Barnum
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Take two generals; both understand military tactics, both educated at West Point, if you please, both equally gifted; yet one, having this principle of perseverance, and the other lacking it, the former will succeed in his profession, while the latter will fail. One may hear the cry, โthe enemy are coming, and they have got cannon.โ
โGot cannon?โ says the hesitating general.
โYes.โ
โThen halt every man.โ
He wants time to reflect; his hesitation is his ruin; the enemy passes unmolested, or overwhelms him; while on the other hand, the general of pluck, perseverance and self-reliance, goes into battle with a will, and, amid the clash of arms, the booming of cannon, the shrieks of the wounded, and the moans of the dying, you will see this man persevering, going on, cutting and slashing his way through with unwavering determination, inspiring his soldiers to deeds of fortitude, valor, and triumph.
Whatever You Do, Do It with All Your MightWork 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, โWhatever is worth doing at all, is worth doing well.โ 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. It wonโt do to spend your time like Mr. Micawber, in waiting for something to โturn up.โ To such men one of two things usually โturns up:โ the poorhouse or the jail; for idleness breeds bad habits, and clothes a man in rags. The poor spendthrift vagabond says to a rich man:
โI have discovered there is enough money in the world for all of us, if it was equally divided; this must be done, and we shall all be happy together.โ
โBut,โ was the response, โif everybody was like you, it would be spent in two months, and what would you do then?โ
โOh! divide again; keep dividing, of course!โ
I was recently reading in a London paper an account of a like philosophic pauper who was kicked out of a cheap boardinghouse because he could not pay his bill, but he had a roll of papers sticking out of his coat pocket, which, upon examination, proved to be his plan for paying off the national debt of England without the aid of a penny. People have got to do as Cromwell said: โnot only trust in Providence, but keep the powder dry.โ Do your part of the work, or you cannot succeed. Muhammad, one night, while encamping in the desert, overheard one of his fatigued followers remark: โI will loose my camel, and trust it to God!โ โNo, no, not so,โ said the prophet, โtie thy camel, and trust it to God!โ Do all you can for yourselves, and then trust to Providence, or luck, or whatever you please to call it, for the rest.
Depend Upon Your Own Personal ExertionsThe eye of the employer is often worth more than the hands of a dozen employees. In the nature of things, an agent cannot be so faithful to his employer as to himself. Many who are employers will call to mind instances where the best employees have overlooked important points which could not have escaped their own observation as a proprietor. No man has a right to expect to succeed in life unless he understands his business, and nobody can understand his business thoroughly unless he learns it by personal application and experience. A man may be a manufacturer: he has got to learn the many details of his business personally; he will learn something every day, and he will find he will make mistakes nearly every day. And these very mistakes are helps to him in the way of experiences if he but heeds them. He will be like the Yankee tin-peddler, who, having been cheated as to quality in the purchase of his merchandise, said: โAll right, thereโs a little information to be gained every day; I will never be cheated in that way again.โ Thus a man buys his experience, and it is the best kind if not purchased at too dear a rate.
I hold that every man should, like Cuvier, the French naturalist, thoroughly know his business. So proficient was he in the study of natural history, that you might bring to him the bone, or even a section of a bone of an animal which he had never seen described, and, reasoning from analogy, he would be able to draw a picture of the object from which the bone had been taken. On one occasion his students attempted to deceive him. They rolled one of their number in a cow skin and put him under the professorโs table as a new specimen. When the philosopher came into the room, some of the students asked him what animal it was. Suddenly the animal said, โI am the devil and I am going to eat you.โ It was but natural that Cuvier should desire to classify this creature, and examining it intently, he said:
โDivided hoof; graminivorous! It cannot be done.โ
He knew that an animal with a split hoof must live upon grass and grain, or other kind of vegetation, and would not be inclined to eat flesh, dead or alive, so he considered himself perfectly safe. The possession of a perfect knowledge of your business is an absolute necessity in order to insure success.
Among the maxims of the elder Rothschild was one, all apparent paradox: โBe cautious
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