Favorite quote:
“Advice is one thing that is freely given away, but watches that you only take what is worth having.”
Let’s get started.
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THE RICHEST MAN IN BABYLON Book summary in 3 sentences.
Always take advice from intelligent people.
The desire to be lucky is universal.
Those who believe they can earn money without working and become wealthy do not experience good fortune.
The five key takeaways from THE RICHEST MAN IN BABYLON.
Improve your abilities. Nobody can take your talent away from you; it belongs to you.
MEN OF ACTION ARE FAVOURED BY THE GODDESS OF GOOD LUCK
Where there is a will, there is a way.
You must be very hungry if you want to achieve because only then will you stand out from the crowd.
Become friends with work if you want to advance.
Top 10 lessons from THE RICHEST MAN IN BABYLON book.
Our thoughts cannot be smarter than our deeds.
It is free to seek out sage counsel from a trustworthy friend.
There were two different types of learning: training that taught us how to find out what we didn’t know, and learning the things we already knew.
One’s mind functions more clearly as one grows hungrier, and one also becomes more sensitive to food odors.
Will strength is merely the unwavering determination to complete the objective you set for yourself.
why we have never discovered a measure of wealth. We never looked for it.
Where there is determination, there is a way.
Our success is due to proper planning. Our deeds are only as wise as our thoughts. Our understanding must always come before our reasoning.
We were successful in the areas where we put our best effort.
By seizing an opportunity, one can attract good fortune.
Action steps from THE RICHEST MAN IN BABYLON.
If you want to be helpful to a friend, do so without adding to your own worries.
I get to keep some of what I make. Say it as soon as you get up in the morning. At noon, say it. At night, say it. Every hour of every day, say it. Say it out loud to yourself until the words stand out against the sky like letters of fire.
Like a tree, wealth sprouts from a little seed. The seed from which your tree of wealth will grow is the first copper that you save. The tree will develop more quickly the earlier you sow the seed. And the more consistently you save and provide for that tree, the sooner you will be able to enjoy its shade and bask in satisfaction.
Opportunity is a proud goddess who doesn’t waste time with the unprepared.
Desires must be clear and unambiguous. If there are too many, too many to understand or too many for a man to handle, they will destroy their own purpose.
A LITTLE CAUTION IS BETTER THAN A GREAT REGRET
The author finishes the tasks he gives himself to do. He takes care to avoid beginning challenging or pointless chores since he likes relaxation.
For those who understand and follow its laws, gold is reserved.
Wealth does not reside in the pocketbook a guy carries. If there is no golden stream to replenish it, a fat purse quickly empties.
The man who developed a growing surplus as a result of his mastery of the laws of wealth should consider those days in the future. He should make certain plans for investments or supplies that can last safely for many years while still being there for him when the time comes that he has so astutely predicted.
Thank you for your time.
