Money is in some respects life's fire: it is a very excellent servant, but a terrible master.
P. T. BarnumRead
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.
Interpretation
Success requires a deep understanding of one's work, gained through personal effort and experience.
P. T. Barnum emphasizes the importance of comprehending one's business to achieve success. He argues that theoretical knowledge is not enough; true mastery comes from hands-on experience and active engagement in one's work, suggesting that effort and personal involvement are essential for true understanding and subsequent success.
In practice
During a motivational speech at a business conference.
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.
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.
The desire for wealth is nearly universal, and none can say it is not laudable, provided the possessor of it accepts its responsibilities, and uses it as a friend to humanity.
The ability to work hard for days on end without losing focus is a talent. The ability to keep absorbing new information after many hours of study is a talent.
You gotta keep the ball off the fat part of the bat.
Your income is directly related to your philosophy, NOT the economy.
You don't have to specialize - do everything that you love and then, at some time, the future will come together for you in some form.
You cannot predict literary success; the only way you can possibly aim for it is to do your thing and do it well.
The Jews had, as a matter of fact, long been all along the most ingenious entrepreneurs. It was only our own future that we had never built upon a business basis.
Subscribe for the occasional hand-picked quote. No noise.