17min
If we create enough value for other people, we will become rich. In his book, The Science of Getting Rich, Wallace D. Wattles provides a method for accumulating wealth and living in prosperity, which consists of a series of principles and practices. Money is just a medium for the exchange of value: if we are able to provide people with enormous amounts of value, we will receive a corresponding amount of money in return.
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Analysis and key concepts
01.
If we create enough value for others, we will become rich, and in order to do this, we must follow a specific formula, consisting of a few basic principles
02.
We need to make sure that we have a clear and defined vision and plan
03.
It is better to be creative than be competitive
04.
We must exercise our imagination and visualisation as often as possible
05.
We should be grateful, and cultivate gratitude
06.
We need to try and make every single day a success, by taking effective and efficient action
07.
It is important to find a job which suits us, and then continue to specialise and improve
08.
We have to work hard, think ahead, and go above and beyond
09.
We need to focus on creating value for others
10.
Quotes
11.
Take-home message
Our desires often seem to be constrained by limited resources: we may feel that we do not have enough time, enough opportunity, or enough money. So, we would probably be a little sceptical if someone told us that we could actually have access to unlimited amounts of all of these resources, if only we learnt to think and act in the right way. Yet, Wallace D. Wattles maintained just this, and perhaps we should believe him, since he went from living in poverty, without money, education, or contacts, to a whole new life of wealth and prosperity.
In order to live a full life, we must nourish our mind, body and soul and, according to Wattles, this requires material wealth, among other things. This is because material wealth gives us the chance to feed our mind, body and soul to the fullest, and inspire others to do the same. In his book, which, not surprisingly, has been around for over a century, Wattles wrote: “If you want to help the poor, and demonstrate to them that they can become rich; prove it by getting rich yourself”.
Wattles' mission in writing this book was to share a simple method for achieving wealth and prosperity with as many people as possible. This method consists of a combination of thoughts, attitudes, and practical actions, which are aimed at creating value for other people. In fact, the author maintained that this is the way to become rich, because the more we help people get what they want, the more wealth and prosperity will come our way. Money is simply a bargaining chip for valuable stock or goods, so the more value we provide to others, the more money we will get in return.
The universe wants each of us to live an abundant and prosperous life, so we should wholeheartedly embrace our natural desire to be rich. In order to become wealthy, we should follow a series of principles, each of which consists of a combination of a certain mindset and practical actions. These principles teach us how to develop a plan, in order to maximise the value that we offer other people. In order to understand, follow, and practise these steps, we need to invite the universe to help us create our reality. Let us take a look at them, one by one.
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The author
Wallace D. Wattles was one of the world's first motivational writers in the modern sense of the term, but little is known about his private life, despite the fact that his works have remained in circulation for decades. Born in 1860 during the American War of Secession, he was a pioneer of New Thought, a movement consisting of a diverse group of organisations, churches, writers, philosophers, and thinkers who shared common basic ideas about the divine and healing. In addition to his timeless business classic, The Science of Getting Rich, Wattles also published The Science Of Being Well and The Science Of Being Great.
Edition
Publishing house:
Martino Fine Books
Year:
2018
Pages:
88
ISBN:
978-1684222100