Back Page Notes – The Richest Man in Babylon
Every month I try and read 2-3 books with a focus on leadership, professional development, and philosophy. The problem is five or six months down the line I’d often forget what book I read and also forget the main points from the book. Writing notes in the margin worked for a while but it was quite a pain to go through all my books and look for notes. Writing notes on the back page of the book worked great but if I gave the book away I lost the notes. I finally started writing all my notes in a moleskin journal, snapping a picture or typing them on a 1-page PDF to share on DODReads.
This process morphed into the creation of professional Executive Summaries which I’m happy to share below. If you would like to join me and share your own executive summary please follow the guidance here.
Below are my “Back Cover Notes” for the Richest Man in Babylon. The book is a classic 1920’s read covering the basic and timeless principles of wealth and money management.
The Richest Man in Babylon — Back page notes
- Our acts can be no wiser than our thoughts; out thoughts can be no wiser than our understanding
Cures for a lean purse:
- Unless we protest “necessary expenses” will always grow to equal your income
- True wealth is not in the money you carry but in the income stream derived from it
- Desires must be simple and definite
- Gold flees from the man who forces it to do impossible things or invests it in areas he is not fariliar with
The soul of a free man looks at life as a series of problems to be solved; but the slave whines “what can I do as I am but a slave”
I’m glad work is not reserved for slaves; were that the case I would be deprived of my greatest pleasure
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