Dan Griffin's Blog
Comments on security, PKI, smart cards, cryptography, and entrepreneurship.
Good old school “get rich” book
September 10, 2008
Just read The Richest Man in Babylon, written in the 1920s by an American entrepreneur named George Clason. It’s short and entertaining.
Several of the Amazon reviewers observe that the book could basically be boiled down to a very short message: save a certain amount of all of your income, and sock it away in principal-preserving investments. But then the same could be said about the Bible. In doing so, you’d be missing out on the parables and storytelling.
And Clason’s lessons, as simple as they seem, are easy to forget, especially for the small business owners who make up most of the cast in his stories. Many entrepreneurs, after struggling to make ends meet, are satisfied when they finally attain a predictable cashflow, to say nothing of profits or savings. But profit is the whole point of business, and Clason reminds us that, if you’re not systematically investing in the future, then you’re doing everyone a disservice.
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