THE
SCIENCE OF GETTING RICH
BY
WALLACE D. WATTLES
Part
I
The Science of Getting Rich is a classic, written by Wallace D Wattles, and published in 1910. Wattles died in 1911 shortly after publishing this book. Forgotten for decades, it was recently rediscovered. The timeless principles in this classic will transform your financial future.
A primary principal in The Science of Getting Rich is to always give more in "use value" than you receive in "cash value" for your products or services. As Wattles states in his book, if you practice and apply this science, you will get rich!
Or so it says. Yes, you see, we want you to know the ground from which things presented here spring forth. In this case it was simply an ideal, carried per usual into a social movement, an idealism. Such was New Thought; an American intellectual movement of a little over a hundred years ago that stretches back to R.W. Emerson and his set in the early 19th century.
New Thought holds that Infinite Intelligence, or their definition for God, is everywhere, spirit is the totality of real things, true human self hood is divine, divine thought is a force for good, sickness originates in the mind, and "right thinking" has a healing effect. Sounds a lot like Christian Science, which is a related belief system. New Thought was and is a cobbled together idealism composed of elements from Buddhism, Hinduism, Gnosticism, etc. whatever. There is a healthy skepticism that wants to know the distinction between fantasy and reality. There is no reason to trust this diaphanous philosophy as it has no basis but material suppositions, unless just believing (accepting) that something is so, causes it to become so, which can not be verified to be the case; the claim of “science” is hence spurious! There's more to it as we shall see.
We are not
presenting it here pressing for any belief as in a “belief system”
or a “religion” or anything like that. The reason we're posting
it here, with notes regarding this blog's proposal, is that it
conveys a perspective, a point of view, an attitude. Whether one's
goal would be to get rich or to prosper, instruction in the attitude
this material expresses addresses all true John and Jane Galts out
there in the world, those who would not be undersold or undervalued;
those who at least trade value for value. I encountered two such
places right here in my little village yesterday. I shall continue
to patronize them. They do exist and we'll find out more about them
as we examine what Wattles has to say.
Wattles' brief book of around 50 pages was organized as follows:
TABLE
OF CONTENTS
PREFACE
CHAPTER
1 - The Right To Be Rich
CHAPTER
2 - There is A Science of Getting Rich
CHAPTER
3 - Is Opportunity Monopolized?
CHAPTER
4 - The First Principle in The Science of Getting Rich
CHAPTER
5 - Increasing Life
CHAPTER
6 - How Riches Come to You
CHAPTER
7 - Gratitude
CHAPTER
8 - Thinking in the Certain Way
CHAPTER
9 - How to Use the Will
CHAPTER
10 - Further Use of the Will
CHAPTER
11 - Acting in the Certain Way
CHAPTER
12 - Efficient Action
CHAPTER
13 - Getting into the Right Business
CHAPTER
14 - The Impression of Increase
CHAPTER
15 - The Advancing Man
CHAPTER
16 - Some Cautions, and Concluding Observations
CHAPTER
17 - Summary of the Science of Getting Rich
PREFACE
The original preface:
This
book is pragmatical, not philosophical; a practical manual, not a
treatise upon theories. It is intended for the 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.
He
addresses people of ACTION not inaction. How few are there of these?
It
is expected that the reader will take the fundamental statements upon
faith, just as he would take statements concerning a law of
electrical action if they were promulgated by a Marconi or an
Edison; and, taking the statements upon faith, that he will prove
their truth by acting upon them without fear or hesitation. Every man
or woman who does this will certainly
get rich; for the science herein applied is an exact science, and
failure is impossible. For the benefit, however, of those who wish to
investigate philosophical theories and so secure a logical basis for
faith, I will here cite certain authorities.
The
monistic theory of the universe the theory that One is All, and that
All is One; That one Substance manifests itself as the seeming many
elements of the material world -is of Hindu origin, and has
been gradually winning its way into the thought of the western world
for two hundred years. It is the foundation of all the Oriental
philosophies [Buddhism
and Confucius], and of those of Descartes, Spinoza,
Leibnitz, Schopenhauer, Hegel, and Emerson. [Kant
as well] The reader who would dig to the philosophical
foundations of this is advised to read Hegel and Emerson for
himself.
Dialectics
of the sort which have two opposite poles which supposedly must
battle for final equilibrium in the form of a solution all stem from
Hegel. Emerson's contribution is mystification: if it isn't clear
enough, make it cloudier.
In
writing this book I have sacrificed all other considerations to
plainness and simplicity of style, so that all might understand. The
plan of action laid down herein was deduced from the
conclusions of philosophy; it has been thoroughly tested, and bears
the supreme test of practical experiment; it works. If you wish to
know how the conclusions were arrived
at, read the writings of the authors mentioned above; and if you wish
to reap the fruits of their philosophies in actual practice, read
this book and do exactly as it tells you to do.
The
Author
CHAPTER
1 - The Right To Be Rich
One
might ask, why rich? Why not, the right not to be poor? Why do
people climb mountains instead of seeking swamps? What we're
definitely standing behind throughout this blog is the right to have
your WILL over your life, your liberty (freedom), and your property.
You have a natural right (not a civil right) by which to
utilize your own innate wealth capable of producing an income
measured in terms of money. This we regard as FREE/private enterprise as opposed to capitalism, the itch with capital, whereby money makes money on money without work, which since it is based on usury, the demand back of what was not issued/created, we regard as stealing.
I
have changed and will change some of the original formatting for
emphasis.
WHATEVER
may be said in praise of poverty, the fact remains that it is not
possible to live a really complete or successful life unless one is
rich. No man can rise to his greatest possible height in talent
or soul development unless he has plenty of money; for to unfold the
soul and to develop talent he must have many things to use, and he
cannot have these things unless he has money to buy them with.
Those
that have succeeded have understood the emphasized, whether
consciously or not.
A
man develops in mind, soul, and body by making use of things, and
society is so organized that man must have money in order to
become the possessor of things; therefore, the basis of all
advancement for man must be the science of getting rich.
The
object of all life is development; and everything that lives has
an inalienable right to all the development it is capable of
attaining. Man's right to life means his right to have the free
and unrestricted use of all the things which may be necessary to his
fullest mental, spiritual, and physical unfoldment; or, in other
words, his right to be rich.
As
we pointed out in the Ayn Rand series whether
you or I believe any of this, many or even most of the elites do so.
What do THEY have that you do not? Money. THEIR money of course.
But whether living with a legitimate monetary system such as the one
proposed by this blog, or the present doggerel, dilapidated,
illegitimate and counterfeit monetary systems including all the
srypto-currencies, the actions in which business and life are carried
out matter and how they are carried out and with what attitude they
are carried out matters a great deal.
In
this book, I shall not speak of riches in a figurative way; to be
really rich does not mean to be satisfied or contented with a little.
No man ought to be satisfied with a little if he is capable of using
and enjoying more. The purpose of Nature is the advancement and
unfoldment of life; and every man should have all that can contribute
to the power; elegance,
beauty, and richness of life; to be content with less is sinful.
The
man who owns all he wants for the living of all the life he is
capable of living is rich; and no man who has not plenty of money can
have all he wants. Life has advanced so far, and become so complex,
that even the most ordinary man or woman requires a great amount of
wealth [is it mere cash, things or something
producing income?] in order to live in a manner that even
approaches completeness. Every person naturally wants to become all
that they are capable of becoming; this desire to realize innate
possibilities is inherent in human nature; we cannot
help wanting to be all that we can be. Success in life is
becoming what you want to be; you can become what you want to be only
by making use of things, and you can have the free use of things only
as you become rich enough to buy them. To understand the science of
getting rich is therefore the most essential of all knowledge.
There
is nothing wrong in wanting to get rich. The desire for riches is
really the desire for a richer, fuller, and more abundant life; and
that desire is praise worthy.
The man who does not desire to live more abundantly is abnormal, and so the man who does not desire to have money enough to buy all he wants is abnormal.
There are three motives for which we live;
we live for the body,
The man who does not desire to live more abundantly is abnormal, and so the man who does not desire to have money enough to buy all he wants is abnormal.
There are three motives for which we live;
we live for the body,
we
live for the mind,
we
live for the soul.
No
one of these is better or holier than the other; all are alike
desirable, and no one of the three—body, mind, or soul — can live
fully if either of the others is cut short of full life and
expression.
It
is not right or noble to live only for the soul and deny mind or
body; and it is wrong to live for the intellect and deny body or
soul.
Consider
all these as you will according to your own circumstances.
We
are all acquainted with the loathsome consequences of living for the
body and denying both mind and soul; and we see that real life means
the complete expression of all that man can give forth through body,
mind, and soul. Whatever he can say, no man can be really happy or
satisfied unless his body is living fully in every function, and
unless the same is true of his mind and his soul. Wherever there
is unexpressed possibility,
or function not performed, there is unsatisfied desire. Desire is
possibility seeking expression, or function seeking performance.
Man
cannot live fully in body without good food, comfortable clothing,
and warm shelter; and without freedom from excessive toil.
Rest and recreation are also necessary to his physical life.
We
have made a helpful concept here; work is the time out of the rest of
your life in which you are paid in money to split the barter for your
time for things you really need such as food, shelter, clothing, etc.
We like to draw a distinction between the world or work and the rest
of our lives and have a healthy resentment bordering on forcible
intolerance against those who would place a crass commercial
econo-meme on our lives.
He
cannot live fully in mind without books and time to study them,
without opportunity for travel and observation, or without
intellectual companionship. To live fully in mind he must have
intellectual recreations, and must surround himself with all the
objects of art and beauty he is capable of using and appreciating.
To
live fully in soul, man must have love; and love is denied
expression by poverty. A man's highest happiness is found in the
bestowal of benefits on those he loves; love finds its most
natural and spontaneous expression in giving. The man who has
nothing to give cannot fill his place as a husband or father, as a
citizen, or as a man. It is in the use of
material things that a man finds full life for his body, develops his
mind, and unfolds his soul. It is therefore of supreme importance to
him that he should be rich.
Everything
set forth so far goes equally for the Jane Galts as for the John
Galts out there.
It
is perfectly right that you should desire to be rich; if you are
a normal man or woman you cannot help doing so. It is perfectly right
that you should give your best attention to the Science of Getting
Rich, for it is the noblest and most necessary of all studies. If you
neglect this study, you are derelict in your duty to yourself, to God
and humanity; for you can
render to God and humanity no greater service than to make the most
of yourself.
Before
continuing, will it make a difference that you and many tens of
thousands of others, become rich in Valuns, when there no longer are
any other of THEIR money? If all the mines, mints and markets
deciding what an ounce of precious metals would buy were no longer
THEIRS, would it matter? A monetary token that is itself near
worthless nevertheless conveys the message that value was traded for
value, which was the only part of the transaction that mattered;
settling the terms of barter.
CHAPTER
2 - There is A Science of Getting Rich
THERE
is a Science of getting rich, and it is an exact science, like
algebra or arithmetic. There are certain laws that govern the process
of acquiring riches; once these laws are learned and obeyed by any
man, he will get rich with mathematical certainty.
The
ownership of money and property comes as a result of doing
things in a certain way; those who do things in this Certain
Way, whether on purpose or accidentally, get rich; while those
who do not do things in this Certain Way, no matter how hard they
work or how able they are, remain poor.
It
is a natural law that like causes always produce like effects;
and, therefore, any man or woman who learns to do things in this
certain way will infallibly get rich. That the above statement is
true is shown by the following facts:
Getting
rich is not a matter of environment, for, if it were, all the people
in certain neighborhoods would become wealthy; the people of one city
would all be rich, while those of other towns would all be poor; or
the inhabitants of one state would roll in wealth, while those of an
adjoining state would be in poverty.
But
everywhere we see rich and poor living side-by-side, in the same
environment, and often engaged in the same vocations. When two men
are in the same locality, and in the same business, and one gets rich
while the other remains poor, it shows that getting rich is not,
primarily, a matter of environment. Some environments may be more
favorable than
others, but when two men in the same business are in the same
neighborhood, and one gets rich while the other fails, it indicates
that getting rich is the result of doing things in a Certain Way.
And further, the ability to do things in this certain way is not due
solely to the possession of talent, for many people who have great
talent remain poor, while other who have very little talent get rich.
Studying
the people who have got rich, we find that they are an average lot in
all respects, having no greater talents and abilities than other men.
It is evident that they do not get rich because they possess talents
and abilities that other men have not, but because they happen to
do things in a Certain Way.
Getting
rich is not the result of saving, or "thrift"; many very
penurious people are poor, while free spenders often get rich.
Nor
is getting rich due to doing things which others fail to do; for two
men in the same business often do almost exactly the same things, and
one gets rich while the other remains poor or becomes bankrupt. From
all these things, we must come to the conclusion that getting rich
is the result of doing things in a Certain Way.
If
getting rich is the result of doing things in a Certain Way, and if
like causes always produce like effects, then any man or woman who
can do things in that way can become rich, and the whole matter is
brought within the domain of exact science.
The
question arises here, whether this Certain Way may not be so
difficult that only a few may follow it. This cannot be true, as we
have seen, so far as natural ability is concerned. Talented people
get rich, and blockheads get rich; intellectually brilliant people
get rich, and very stupid people get rich; physically strong people
get rich, and weak and sickly people get rich.
Some
degree of ability to think and understand is, of course, essential;
but in so far natural ability is concerned, any man or woman who has
sense enough to read and understand these words can certainly get
rich. Also, we have seen that it is not a matter of environment.
Location counts for something; one would not go to the heart of the
Sahara and
expect to do successful business.
Getting
rich involves the necessity of dealing with men, and of being where
there are people to deal with; and if these people are inclined
to deal in the way you want to deal, so much the better. But that is
about as far as environment goes.
He
may or may not have a point here. The necessity of dealing with
people IS required, however there might be other ways of being
productive that have nothing to do with dealing with very many people
directly and still become prosperous if not rich.
If
anybody else in your town can get rich, so can you; and if
anybody else in your state can get rich, so can you. Again, it is not
a matter of choosing some particular business or profession. People
get rich in every business, and in every profession; while their next
door neighbors in the same vocation remain in poverty.
It
is true that you will do best in a business that you like, and
which is congenial to you; and if you have certain talents that are
well developed, you will do best in a business that calls for the
exercise of those talents. Also, you will do best in a business,
which is suited to your locality; an ice-cream parlor would do better
in a warm climate than in Greenland,
and a salmon fishery will succeed better in the Northwest than in
Florida, where there are no salmon.
But,
aside from these general limitations, getting rich is not
dependent upon your engaging in some particular business, but upon
your learning to do things in a Certain Way. If you are now in
business, and anybody else in your locality is getting rich in the
same business, while you are not getting rich, it is because you are
not doing things in the same Way that the other person is doing them.
No
one is prevented from getting rich by lack of capital. True, as
you get capital the increase becomes more easy and rapid; but one who
has capital is already rich, and does not need to consider how to
become so. No matter how poor you may be, if you begin to do
things in the Certain Way you will begin to get rich; and you
will begin to have capital. The getting of capital is a part of the
process of getting rich; and it is a part of the result that
invariably follows the doing of things in the Certain Way. You may be
the poorest man on the continent, and be deeply in debt; you may have
neither friends, influence, nor resources; but if you begin to do
things in this way, you must infallibly begin to get rich, for like
causes must produce like effects. If you have no capital, you can get
capital; if you are in the wrong business, you can get into the right
business; if you are in the wrong location, you can go to the right
location; and you can do so by beginning in your present business and
in your present location to do things in the Certain Way which causes
success.
By now, I'm sure we're all curious just what this Certain Way is. We'll see.
CHAPTER
3 - Is Opportunity Monopolized?
This
was written from the perspective of 1910. Notice some of the
technologies that came and went and might or might not come again.
NO
man is kept poor because opportunity has been taken away from him;
because other people have monopolized the wealth, and have put a
fence around it. You may be shut off from engaging in business in
certain lines, but there are other channels open to you. Probably it
would be hard for you to get control of any of the great railroad
systems; that field
is pretty well monopolized. But the electric railway business is
still in its infancy, and offers plenty of scope for enterprise; and
it will be but a very few years until traffic and transportation
through the air will become a great industry, and in all its branches
will give employment to hundreds of thousands, and perhaps to
millions, of people. Why not turn your attention to the development
of aerial transportation, instead of competing with J. J. Hill and
others for a chance in the steam railway world?
It
is quite true that if you are a workman in the employ of the steel
trust you have very little chance of becoming the owner of the plant
in which you work; but it is also true that if you will commence
to act in a Certain Way, you can soon leave the employ of the
steel trust; you can buy a farm of from ten to forty acres, and
engage in business as a producer of
foodstuffs. There is great opportunity at this time for men who will
live upon small tracts of land and cultivate the same intensively;
such men will certainly get rich. You may say that it is impossible
for you to get the land, but I am going to prove to you that it is
not impossible, and that you can certainly get a farm if you will go
to work in a Certain Way.
At
different periods the tide of opportunity sets in different
directions, according to the needs of the whole, and the
particular stage of social evolution [?]
which has been reached [sic]. At
present, in America, it is setting toward agriculture and the allied
industries and professions. Today, opportunity is open before the
factory worker in his line. It is open before the business man who
supplies the farmer more than before the one who supplies the factory
worker; and before the professional man who waits upon the farmer
more than before the one who serves the working class.
We
are pointing out that ANY proposition that contends that actual
progress has been achieved through some kind of “survival of the
fittest” evolution by natural selection, or by whatever other
means, stands as nakedly unproved and likely false. As Wattles
admits, like
causes always produce like effects. Therefore
like follows like
despite any technical changes or alternative means becoming available
to you, including the proposed Valun based system. Forms and usage
may change without eliminating like following like. And yes, since
having all that Wattles describes must be necessary to becoming rich;
it is the property and goods one acquires, including the machines and
technology one acquires, that adds to one's riches, not just
“securities” or having a lot of the particular variety of THEIR
money.
There
is abundance of opportunity for the man who will go with the tide,
instead of trying to swim against it. So the factory workers,
either as individuals or as a class, are not deprived of opportunity.
The workers are not being "kept down" by their masters;
they are not being "ground" by the trusts and combinations
of capital. As a class, they are where they are because they do
not do things in a Certain Way. If the workers of America chose
to do so, they could follow the example of their brothers in Belgium
and other countries, and establish great department stores and
co-operative industries; they could elect men of their own class to
office, and pass laws favoring the development of such co-operative
industries; and in a few years they could take peaceable possession
of the industrial field.
This
sounds like a challenge from the socialist left, and considering when
this was written, it probably is.
The
working class may become the master class whenever they will begin to
do things in a Certain Way; the law of wealth is the same for
them as it is for all others. This they must learn; and they will
remain where they are as long as they continue to do as they do. The
individual worker, however, is not held down by the ignorance or the
mental slothfulness
of his class; he can follow the tide of opportunity to riches, and
this book will tell him how.
No
one is kept in poverty by a shortness in the supply of riches; there
is more than enough for all. A palace as large as the capitol at
Washington might be built for every family on earth from the building
material in the United States alone; and under intensive cultivation,
this country would produce wool, cotton, linen, and silk enough to
cloth each person in the world finer than Solomon was arrayed in all
his glory; together with food enough
to feed them all luxuriously.
This
was actually true back in 1910 and to a great extent, it is still
true. It is amazing how much wilderness lies quite near areas that
are supposedly heavily populated. Likewise areas are being
depopulated and over time, nature actually recaptures the land and
obliterates any abandoned structures.
The
visible supply is practically inexhaustible; and the invisible supply
really IS inexhaustible. Everything you see on earth is made from
one original substance, out of which all things proceed.
The
emphasized is of a course the nod to his New Thought.
New
Forms are constantly being made, and older ones are dissolving; but
all are shapes assumed by One Thing. There is no limit to the supply
of Formless Stuff, or Original Substance. The universe is made out of
it; but it was not all used in making the universe. The spaces in,
through, and between the forms of the visible universe are permeated
and filled
with the Original Substance; with the formless Stuff; with the raw
material of all things. Ten thousand times as much as has been made
might still be made, and even then we should not have exhausted the
supply of universal raw material. No man, therefore, is poor
because nature is poor, or because there is not enough to go around.
However
one accepts the foregoing, the emphasized is something we agree with.
Nature
is an inexhaustible storehouse of riches; the supply will never run
short. Original Substance is alive with creative energy, and is
constantly producing more forms. When the supply of building material
is exhausted, more will be produced; when the soil is exhausted so
that food stuffs and materials for clothing will no longer grow upon
it, it will
be renewed or more soil will be made. When all the gold and silver
has been dug from the earth, if man is still in such a stage of
social development that he needs gold and silver, more will be
produced from the Formless. The Formless Stuff responds to the needs
of man; it will not let him be without any good thing. This is true
of man collectively; the race as a whole is always abundantly rich,
and if individuals are poor, it is because they do not follow the
Certain Way of doing things which makes the individual man rich.
The
Formless Stuff is intelligent; it is stuff which thinks. It is alive,
and is always impelled toward more life. It is the natural and
inherent impulse of life to seek to live more; it is the nature of
intelligence to enlarge itself, and of consciousness to seek to
extend its boundaries and find fuller expression. The universe of
forms has been made by Formless Living Substance, throwing itself
into form in order to express itself more fully.
The
universe is a great Living Presence, always moving inherently toward
more life and fuller functioning. Nature is formed for the
advancement of life; its impelling motive is the increase of life.
For this cause, everything which can possibly minister to life is
bountifully provided; there can be no lack unless God is to
contradict himself and nullify his own works. You are not kept poor
by lack in the supply of riches; it is a fact which I shall
demonstrate a little farther on that even the resources of the
Formless Supply are at the command of the man or woman will act and
think in a Certain Way.
So
you see, whether you accept all the implied metaphysical arguments
supporting this or not doesn't matter. He's telling you that it all
boils down to ACTION and doing things in a Certain Way, which
he is about to start explaining.
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