Wallace D Wattles' classic work The Science of Getting Rich had quite an effect on me immediately after my very first reading. I can only describe what happened as a kind of attitude change, but that change, I believe, is absolutely crucial for anyone interested in how to become wealthy. So in changing my attitude, I realised that I had indeed made the first step toward becoming rich.
On reading the book, I had to agree with the author that such things as location, business, capital, education and so on - the things people normally associate with becoming successful - simply were not the causes of wealth. The book opens with a reasoned discussion on exactly that point; and I found the argument made by Wattles to be absolutely compelling.
Having dismissed what many people would think of as the causes of wealth, he goes on to show that its real cause is what he calls doing things in a certain way. In other words, it ain't what you do, its the way that you do it - and that's what gets results.
Wattles' proposition is that anyone who can learn how to do things in a particular way - what he called the 'certain way' - can become wealthy. It is an amazing statement, but it is also the natural conclusion to be reached if his analysis of the causes of wealth is correct. However, he also suggests that you need to be operating a business of some kind.
He says that you need to give every person with whom you deal more in use-value than you take in cash-value. Theres a key principle right there, of course, concerning over-delivering, but it strikes me that the spirit of the language is naturally directed toward people who trade in some way i.e. those in business for themselves.
It doesn't take much thinking to conclude that, to become rich, you need to be in business. This is simply because whatever you do for a living - your job - has a market-value; and that's what you are being paid. You will never be paid more than your market-value because it does not make economic sense for your employer to do so.
By contrast, your earnings are unlimited when you are working for yourself. After all, nobody is going to come along and tell you that you are not allowed to earn more than your current income. You can give yourself a raise anytime you want by becoming more effective in your business; and there has never been a better time to start because of the opportunities available right now 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 nevertheless, his principles translate very well to the world of the internet. There really is nothing standing in the way of the average person applying this thinking and changing their lives for good.
On reading the book, I had to agree with the author that such things as location, business, capital, education and so on - the things people normally associate with becoming successful - simply were not the causes of wealth. The book opens with a reasoned discussion on exactly that point; and I found the argument made by Wattles to be absolutely compelling.
Having dismissed what many people would think of as the causes of wealth, he goes on to show that its real cause is what he calls doing things in a certain way. In other words, it ain't what you do, its the way that you do it - and that's what gets results.
Wattles' proposition is that anyone who can learn how to do things in a particular way - what he called the 'certain way' - can become wealthy. It is an amazing statement, but it is also the natural conclusion to be reached if his analysis of the causes of wealth is correct. However, he also suggests that you need to be operating a business of some kind.
He says that you need to give every person with whom you deal more in use-value than you take in cash-value. Theres a key principle right there, of course, concerning over-delivering, but it strikes me that the spirit of the language is naturally directed toward people who trade in some way i.e. those in business for themselves.
It doesn't take much thinking to conclude that, to become rich, you need to be in business. This is simply because whatever you do for a living - your job - has a market-value; and that's what you are being paid. You will never be paid more than your market-value because it does not make economic sense for your employer to do so.
By contrast, your earnings are unlimited when you are working for yourself. After all, nobody is going to come along and tell you that you are not allowed to earn more than your current income. You can give yourself a raise anytime you want by becoming more effective in your business; and there has never been a better time to start because of the opportunities available right now 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 nevertheless, his principles translate very well to the world of the internet. 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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