The Art of Money Getting

P.T. Barnum

About the Author

Phineas Taylor "P.T." Barnum (1810–1891) was an American entertainer and businessman, and is remembered as one of the greatest showmen ever. He founded the Barnum & Bailey Circus, which is still famous today for its collection of entertainment and oddities.

Barnum is known for his work as a writer, publisher, philanthropist, and politician. The well-known phrase "There’s a sucker born every minute" is often credited to Barnum, although there is no concrete evidence he said that. He was a key figure in popular culture in America in the mid-19th century and held a large amount of influence.

About the Book

P.T. Barnum wrote "The Art of Money Getting" to share his business knowledge and teach his readers how to make money successfully. It is an excellent book for anyone interested in learning from an early business leader’s personal successes. Barnum’s writings advocate for a disciplined, ethical, and practical approach to earning and managing money, motivating others to grow wealth.

Summary

This is a short book packed with relevant and practical advice. While 20 chapters long, each chapter in “The Art of Money Getting” is only a few pages. P.T. Barnum’s key themes include:

  • Hard Work and Perseverance: Barnum emphasizes the importance of diligent effort and persistence in achieving financial success. He argues that there are no shortcuts to wealth, and consistent work is crucial.
  • Practicality and Common Sense: The book advocates for a down-to-earth approach to business and personal finance. Barnum encourages making sound, practical decisions rather than relying on speculation or get-rich-quick schemes.
  • Reputation and Integrity: Barnum stresses that a good reputation is invaluable in business. Honesty, reliability, and treating others fairly are crucial for long-term success.
  • Value of Time: Barnum highlights the importance of time management, urging people not to waste time on unproductive activities. He advises focusing on tasks that directly contribute to financial growth.
  • Frugality and Smart Spending: Barnum advocates for living within one's means and avoiding unnecessary extravagance. He warns against wasteful spending and emphasizes the need to save and invest wisely.
  • Innovation and Adaptability: Barnum encourages creativity in business, urging entrepreneurs to innovate and adapt to changing market conditions to stay competitive.
  • Customer Focus: Providing real value to customers is central to Barnum's philosophy. He advises focusing on satisfying the public's needs and desires, which, in turn, leads to business success.
  • Self-Reliance: Barnum promotes the idea of taking personal responsibility for one's financial future. He emphasizes the importance of independence, confidence, and not relying on luck or others to succeed.
  • Positive Mindset: A strong belief in one’s potential and the power of optimism are core principles Barnum discusses. He believes that a positive outlook, combined with effort and intelligence, leads to success.

Frequently Asked Questions

+What is the book about?

This book is about being financially wise. It focuses on practical processes for acquiring, maintaining, and multiplying wealth. Barnum covers numerous elements within this topic, including the importance of avoiding debt and choosing the right occupation.

+How long is the book?

The book is relatively short; most editions are less than 100 pages.

+Does the book have famous quotes?

"Money is in some respects like fire; it is a very excellent servant, but a terrible master."

"Money is good for nothing unless you know the value of it by experience."

"Whatever is worth doing at all, is worth doing well."

"Fortune always favors the brave, and never helps a man who does not help himself."

+When was the book written?

"The Art of Money Getting" was first published in 1880.

+Are there different versions of the book?

The book has been published with different covers over the years, but the text has not been revised. "The Art of Money Getting" is also available as an e-book and an audiobook.

+What category does this book fall under?

You can find this book under Online Book Resources About Business.

+Where can I get the book?

Love learning about "The Art of Money Getting"? You'll find it in the exclusive Secrets of Success member's area. Join now for access to this and more personal development tools.

+What are similar books I can read?

If you want to read more books like "The Art of Money Getting," try "Think and Grow Rich" by Napoleon Hill, which has similar ideas on acquiring and multiplying wealth.

Another is "The Richest Man in Babylon" by George S. Clayson, which is another classic on personal finance advice.

+Does the book have ratings or reviews?

Click here to read reviews of this book.

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“There's a sucker born every minute.”

P.T. Barnum

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Reader Reviews

This is a book that every young man and young lady should read - so that they ensure their safe passage along the road to success as opposed to the road to destruction.

 

Barnum gives 20 "rules" that a person must abide by in order to be successful. Given that Barnum was one of the wealthiest men in America during his day, given that Barnum was received by Kings and Queens the world over, his "rules" are worthy of attention.

 

If you are already striving along the path to success, you will likely find the "rule" that you have been breaking to this point, which has been holding you back. When you read this book, you'll see it, and your success will be accelerated greatly.

 

By the way, all 20 of these "rules" are fully applicable to today's world and environment. There is absolutely nothing that is "dated" about this book.

 

As an aside, this book was actually a speech that Barnum gave on the "speakers circuit" of his day. As such, it provides a great model from which a person can construct a speech of their own. You'll see how Barnum gets "personal", uses jokes, quotes, and stories to bring his speech to life and make it interesting.

 

Lastly, in the realm of success books, there isn't an easier book to read anywhere since this book is a mere 32 pages long.

Lane F.

The Art of Money Getting is a piece by P.T. Barnum, originally published in the late 19th century, specifically in 1880. Barnum was considered "one of the greatest showman on Earth", and that exemplifying characteristic does not stop with his book. The Art of Money Getting is divided into 20 distinct chapters, or I should say "guidelines" on how to make money and, more importantly, how to keep it.

 

Barnum uses real-world examples to back up his headlines/guidelines for each chapter. For example, one of his guidelines is "don’t get above your business". He then goes on and tells a personal anecdote about a young man who should not be "above his business" by not letting his business inflate his head with the borrowed money he built it on.

 

Barnum uses these real-life examples to relate to the reader and to get them to understand where Barnum is coming from. I relate to the book because the language used is mostly contemporary. The guidelines he uses are great advice to someone who is constantly looking to make money and keep it to gain wealth. Barnum makes the assumption that someone’s character is more important than the guidelines. He notes, "that any person of either sex who is willing, at least for the time being, to engage in any respectable occupation that offers, may find lucrative employment." As long as someone has to drive and the compassion of a good quality person, they will succeed in making money regardless of the guidelines they provide.

 

This book offers great direction for one who is interested in the art of making money and accumulating wealth, and I personally enjoyed learning about Barnum’s key factors to his own success.

Ryan

50 pages of advice that are just as relevant today as they were when the book was first published almost 140 years ago.

 

This short book will be added to my list of books to read annually.

 

It is somewhat reassuring to discover that many present-day issues are not new. We are by no means the first to fall foul of economic overindulgence, laziness, and get rich quick" schemes. Nor shall we be the last if we fail to acknowledge and consider the advice of those who have experienced the same before us. "Those who ignore history are doomed to repeat it."

Kuno
Just finished "The Art of Money Getting" by P.T. Barnum, and I have to say, it's a treasure trove of practical advice for building wealth! Barnum's engaging stories and no-nonsense approach make it an easy and enjoyable read. His tips on finding pleasure in saving money and putting your all into whatever you do are truly eye-opening. A must-read for anyone looking to improve their financial habits and mindset!
Albert L.
An excellent book on basic ethical principles of business/vocation. I'm surprised at the relevance of the content even today. To quote, "Money is good for nothing unless you know the value of it by experience." And how true it is that "it is the eyes of others and not our own eyes which ruin us. If all the world were blind except myself, l should not care for fine clothes or furniture."
Ritu T.
Short read packed with valuable info. I’ve read tons of self-help books and business books, and this one nearly tops them all. It’s short and straight to the point with exactly what is needed to live a great life and build a successful business.
Antonio
This little book is not a joke at all. PT gives very sage advice on the topic. I was so pleasantly delighted. A short, excellent read. Please don't overlook it because it was written by the old showman. The advice therein is not dated either, as applicable today as then.
Lisa B.
This is a short read but full of timeless wisdom and common sense. There are no get rich quick schemes in this book, but rather sound advice like paying attention to what's going on in the world, how to advertise for your business, the importance of integrity, etc.
Lisa W.

among many others

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