Jan 022013
 
  1. Don’t mistake your vocation (i.e. choose a profession you enjoy).
  2. Select the right location (i.e where you can realistically engage in your profession).
  3. Avoid debt.
  4. Persevere.
  5. Whatever you do, do it with all your might.
  6. Depend upon your own personal exertions (i.e. learn your profession).
  7. Use the best tools.
  8. Don’t get above your business (i.e. don’t be above doing the hands-on labor).
  9. Learn something useful (i.e have a trade or skill to fall back on).
  10. Let hope predominate. But be not too visionary (i.e. don’t automatically believe every project will succeed).
  11. Do not scatter your powers (i.e. don’t be a “jack-of-all-trades” and focus on one profession).
  12. Be systematic (i.e set times and places for your work, be organized and punctual, do one thing at a time).
  13. Read the newspapers.
  14. Beware of “outside” operations (i.e. spending speculative venture capital on risky, unknown operations and companies).
  15. Don’t endorse without security (i.e. don’t give away/invest money in someone or something, even if you feel safe about it, without some security to protect yourself).
  16. Advertise your business.
  17. Be polite and kind to your customers.
  18. Be charitable.
  19. Don’t blab (i.e. say nothing of your internal operations to others).
  20. Preserve your integrity (i.e. your integrity far outweighs profits so come by profits honestly).

from The Art of Money Getting (1880)

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