When I initially read the Science of Getting Rich by Wallace D Wattles, I was instantly struck by the fact that there was positively no reason that I should not become rich myself. Before that moment, somehow, I had not really understood what caused people to become wealthy and so I guess I had never seriously considered the reality that it would be doable for me too.
The book begins with a thorough examination into the actual causes of wealth; and demolishes some very commonly-held beliefs and opinions along the way. He spells out why becoming rich does not actually relate to the sort of advantages traditionally believed by many to be the causes - things like status, intelligence, connections and so on. His structured argument on the causes of wealth is a truly impressive opening.
After dealing with the matter of what things are not the causes of wealth, he goes on to make a strong case for his main proposition that the real cause of wealth is the way things are done; and not what is being done. Doing things in the right way, he says, is what is responsible for the generation of riches.
The amazing proposition he advances is that absolutely anyone who can learn to do things in, what he calls, the 'certain way' can become rich. Although he does not really emphasise the matter, he also strongly suggests that to become rich, you really need to be in business.
You should give everyone more in use-value than you take from them in cash-value, he says; and, from that statement, we can immediately see that he is implying you should be in business. The principle is essentially that of continually exceeding your customer's expectations.
It is self-evident, when to come to think about it, that you are very unlikely to become rich whilst you are working for another person. Quite simply, you are being paid the market-rate for your job; if you are lucky, you are being paid the market rate for your skills - but that's it. You will never be paid more than that while you have a job.
On the other hand, when you work for yourself, there is no top limit. There are plenty of challenges, of course, but theres no top limit on your income as there is at present. The time is right I believe, with the age of the internet, for ordinary people to seize the day and make their fortunes because it has never been easier to start a business than it is on the internet.
The Science of Getting Rich was written, in my opinion, for the age of the internet. Of course, Wattles didn't do that deliberately, but still, his principles translate very well to the world of the web. There really is nothing standing in the way of the average person applying this thinking and changing their lives for good.
The book begins with a thorough examination into the actual causes of wealth; and demolishes some very commonly-held beliefs and opinions along the way. He spells out why becoming rich does not actually relate to the sort of advantages traditionally believed by many to be the causes - things like status, intelligence, connections and so on. His structured argument on the causes of wealth is a truly impressive opening.
After dealing with the matter of what things are not the causes of wealth, he goes on to make a strong case for his main proposition that the real cause of wealth is the way things are done; and not what is being done. Doing things in the right way, he says, is what is responsible for the generation of riches.
The amazing proposition he advances is that absolutely anyone who can learn to do things in, what he calls, the 'certain way' can become rich. Although he does not really emphasise the matter, he also strongly suggests that to become rich, you really need to be in business.
You should give everyone more in use-value than you take from them in cash-value, he says; and, from that statement, we can immediately see that he is implying you should be in business. The principle is essentially that of continually exceeding your customer's expectations.
It is self-evident, when to come to think about it, that you are very unlikely to become rich whilst you are working for another person. Quite simply, you are being paid the market-rate for your job; if you are lucky, you are being paid the market rate for your skills - but that's it. You will never be paid more than that while you have a job.
On the other hand, when you work for yourself, there is no top limit. There are plenty of challenges, of course, but theres no top limit on your income as there is at present. The time is right I believe, with the age of the internet, for ordinary people to seize the day and make their fortunes because it has never been easier to start a business than it is on the internet.
The Science of Getting Rich was written, in my opinion, for the age of the internet. Of course, Wattles didn't do that deliberately, but still, his principles translate very well to the world of the web. There really is nothing standing in the way of the average person applying this thinking and changing their lives for good.
About the Author:
Get Your Free Copy of The Science of Getting Rich Will Edwards is Founder of White Dove Books
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