The Science of Getting Rich

If you’ve arrived here from Marlee Ward’s Metamorphoself, then first of all let me say welcome! You might enjoy the amazing interview that we did last month with Marlee, or my Why Guru Strategies for Blog Growth DON’T WORK… and What Does! post. Or, you could just explore, starting with today’s guest post from Karol K at New Internet Order:

No. I’m not going to tell you how to get rich overnight… sorry. I don’t have any home study course on internet marketing to sell either … not gonna happen.

Today I wanted to share something that will forever change the way you – an entrepreneur – look at money and wealth: The Science of Getting Rich.

“The Science of Getting Rich” is a book written by Wallace D. Wattles in the year 1910. Let me say that again… In 1910, which means it’s 101 years old. And there wouldn’t be anything strange about it, if we were talking about a novel, or a collection of poems, or a play, but in this case we’re talking about a book, which gives some practical advice on how to seek wealth.

How come this book still remains valid while economy keeps changing so fast? Because it’s not the field of your business itself that will make you rich, but your mindset and maturity in business. It doesn’t matter whether you’re in pastures, refineries, restaurants, film production, selling fresh fruit on the market, or selling information products on the internet… business is business.

But who am I to teach you such stuff… So let me just say that (and I’m sure you’ll agree) in every possible field or type of business there are people who have made insane amounts of money. Which means that you can get rich in every one of these fields. If I would like to drag this conclusion further, I could even say that this is the proof that the field itself is actually irrelevant.

So if not the field then what? Ourselves, and the people in our environment.

As the author said himself…

I don’t really want to sound like I’m promoting this book (since it’s in public domain now, so I won’t even make any money), so I’ll just quote the author:

“This book is pragmatical, not philosophical; a practical manual, not a treatise upon theories. It is intended for men and women whose most pressing need is for money; who wish to get rich first, and philosophize afterward. It is for those who have, so far, found neither the time, the means, nor the opportunity to go deeply into the study of metaphysics, but who want results and who are willing to take the conclusions of science as a basis for action, without going into all the processes by which those conclusions were reached.”

…Is there anything else that can be said to convince you that it’s a must-read?

Anyways.

While reading this book I’ve jotted down 7 key points, which I think are really worth remembering, and I keep getting back to them every now and then.

The Science of Getting Rich in a 7-step-nutshell

1. A thought gives birth to the thing that is imaged by the thought

Everything that surrounds us had its beginning in someone’s thought. For example – one day somebody invented the structure of the computer and after some time the first copy was built, so now, after a number of years, you can use it to play Modern Warfare 2.

Remember, if you want something to appear in your life, it has to appear in your thoughts first.

2. Be creative not competitive

Don’t compete with other people in your field. Don’t create a “me-too-business”, and don’t sell what everybody else is already selling. Create something that will give much more value to your clients, be creative. Being in the market is not about competing but working together for common good and benefit. Thomas Edison didn’t compete with candle manufacturers, he invented the light bulb instead.

3. Have a clear vision of what you want to accomplish, and be constantly grateful that this wish comes true

When you’re creating something, you got to have the vision of the result you want to accomplish in your head all the time. When an architect is designing a house he sees the final image of the house all the time. And if he hadn’t remembered about every important detail, then probably someone would have got hurt. Building your wealth is somewhat similar… you have to keep your eyes on the prize and be happy.

4. Have faith in what you want to accomplish

This is one of the points that amuses many people, but the truth is that if it wasn’t for faith, then we would accomplish literally nothing in our lives. We wouldn’t pass any exam, we wouldn’t have the courage to approach that beautiful women (for the first time) who later become our wife, we wouldn’t send our CV to the company of our dreams.

5. Do everything that can be done each day and do it in an efficient manner

This is one of the most important points. You really have to do everything that can be done each day to help you reach your goals. But you have to do it in an efficient manner, be productive. Sitting 3 hours at your desk just thinking about your future riches is not enough. You have to take action.

6. Give your clients bigger use-value than the money-value you receive from them

The perfect sale is not about pressing someone on some product, and then immediately leaving the country. The perfect sale is when your client feels that he has just made a deal of his life – receiving something of great value to him for a fraction of the price. This point strongly relates to point #2 (being creative not competitive).

7. What you receive will be proportional to your input in the previous points

One thing is worth realizing. The person who we are today is just a result of our previous actions… So what can be said is that our present situation is not really our present situation (sounds strange but it’s true).

In other words. In this moment the person in the mirror is not who you are, it’s who you were. That’s why it’s never too late for change and growth.

And now the best part. If you don’t have a copy of this book yet, then let me inform you that you can download it for free. No opt-in, no nothing, just a link:

The Science of Getting Rich by Wallace D. Wattles

Have a good time reading (the book is not very long, so it won’t take much time), and see you in the comments.

Karol K. (@carlosinho) is a 20-something year old web 2.0 entrepreneur from Poland who shares his thoughts at newInternetOrder.com. Tune in to get his internet marketing tips and other online business related advice.

Tagged as: focus, Karol K