Money is in some respects life's fire: it is a very excellent servant, but a terrible master.
P. T. BarnumRead
Energy and patience in business are two indispensable elements of success.
Interpretation
Success in business requires both energy and patience.
This quote by P. T. Barnum emphasizes that achieving success in business is not just about hard work and dedication, but also about the importance of being patient. While energy fuels the drive to pursue goals and overcome obstacles, patience allows individuals to navigate challenges and wait for opportunities to bear fruit, making them equally essential for long-term success.
In practice
During a business seminar focusing on entrepreneurship.
Money is in some respects life's fire: it is a very excellent servant, but a terrible master.
The common man, no matter how sharp and tough, actually enjoys having the wool pulled over his eyes, and makes it easier for the puller.
No man has a right to expect to succeed in life unless he understands his business, and nobody can understand his business thoroughly unless he learns it by personal application and experience.
True economy consists in always making the income exceed the out-go. Wear the old clothes a little longer if necessary; dispense with the new pair of gloves; mend the old dress: live on plainer food if need be; so that, under all circumstances, unless some unforeseen accident occurs, there will be a margin in favor of the income.
No man ever went broke overestimating the ignorance of the American public.
I don't care what the newspapers say about me as long as they spell my name right.
When good news about the market hits the front page of the New York Times, sell.
No man becomes rich unless he enriches others.
I retire from competition with great pride at having had a positive impact on my sport. I intend to keep training and practicing martial arts for as long as I live, and I look forward to watching the new generation of champions carry our sport into the future.
When they [court announcers] say, 'This is the world No. 2,' it just doesn't sound right to me because either I'm No. 1 or I'm a grand slam champion. I'm not world No. 2. I just don't like the ring of it when I'm introduced on court because I've been up there for so, so long.
It is not ease, but effort-not facility, but difficulty, makes men. There is, perhaps, no station in life in which difficulties have not to be encountered and overcome before any decided measure of success can be achieved.
Famous men have the whole earth as their memorial.
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