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Money-making men: or how to grow rich

Money-making men: or how to grow rich

Robert Bond
0/5 ( ratings)
James Ewing Ritchie, who was born, lived and worked in the Victorian era and was the son of a congregational minister, is the author of many books. Confessing in his books and journalism sound morals and Victorian values, he is the father of five children and a stable husband, a mainstay of the family.James Ewing Ritchie tried to invest his money in several periodicals, but these business adventures failed. This, of course, did not stop him from writing the magnificent book, entitled with a moralistic title in the style of the Victorian Money-making Men or How to Grow Rich.In this book, he is both an investigative reporter and a fascinating biographer and a wise moralist.In the first two chapters, James Ewing Ritchie talks about the richest people in England and the United States in his time. Here are the names of Sir Thomas Fowell Buxton, Thomas Cubitt, Mortimer Collins, Massey Lopes, Alderman Beckford and, of course, the famous Nathan Rothschild. Of the American millionaires, more interesting are names like John Jacob Astor, Cornelius Vanderbilt, Edward Knight Collins, Jacob Little, Daniel DrewAnd George Peabody. The latter is a partner with the father of the titan of American banking, J.P. Morgan, who at the time of writing James Ewing Ritchie provided the inflow of British capital from the City of London into the American banking system.In the next nine chapters of the fascinatingly written book, the author examines different aspects of wealth and different categories of rich people - from artists and publishers to eccentric personalities and generous philanthropists. The text is astonishingly relevant, given how different the Victorian era was from ours and how imbued with Victorian morality the author himself was. The unwavering and almost religious belief in the moral principles of great wealth was specifically demonstrated by James Ewing Ritchie in his twelfth and concluding chapter entitled REFLECTIONS ON MONEY-MAKING. It is here, as a concluding chord, that the author presents his credo of wealth and the rich in a synthesized Select the kind of business that suits your natural inclinations and temperament.- A businessman must keep at the hold, and steer his own ship.- Do not take too much advice.- If you prosper in business, do not make too much show.- Work on positive facts. Do not let hope predominate too much. Don’t be visionary.- Don’t put too much reliance on friends in business. Never accept a bill for a friend. You stand a chance of losing money and friend.- Speak very little in business. Pump others rather than be pumped yourself.- Consult wisely, and resolve firmly.- Hesitation in business is bad; resolution, after proper consideration, is omnipotent and healthy.- Time, money, and judgment are three essential things for a speculation.- Go with the tide.- Beware of little expenses. A small leak will sink the ship.- Make the best of a bad bargain.- A policy of life assurance is the cheapest and safest mode of making provision for a man’s family.- A fool may make money, but it needs a wise man to spend it. Remember, it is easier to build two chimneys than to keep one going. Finally, as Matthew Henry wrote—“Hope the best, get ready for the worst, and then take what God sends.”
Pages
222
Format
Paperback
Release
September 11, 2020
ISBN 13
9798681999058

Money-making men: or how to grow rich

Robert Bond
0/5 ( ratings)
James Ewing Ritchie, who was born, lived and worked in the Victorian era and was the son of a congregational minister, is the author of many books. Confessing in his books and journalism sound morals and Victorian values, he is the father of five children and a stable husband, a mainstay of the family.James Ewing Ritchie tried to invest his money in several periodicals, but these business adventures failed. This, of course, did not stop him from writing the magnificent book, entitled with a moralistic title in the style of the Victorian Money-making Men or How to Grow Rich.In this book, he is both an investigative reporter and a fascinating biographer and a wise moralist.In the first two chapters, James Ewing Ritchie talks about the richest people in England and the United States in his time. Here are the names of Sir Thomas Fowell Buxton, Thomas Cubitt, Mortimer Collins, Massey Lopes, Alderman Beckford and, of course, the famous Nathan Rothschild. Of the American millionaires, more interesting are names like John Jacob Astor, Cornelius Vanderbilt, Edward Knight Collins, Jacob Little, Daniel DrewAnd George Peabody. The latter is a partner with the father of the titan of American banking, J.P. Morgan, who at the time of writing James Ewing Ritchie provided the inflow of British capital from the City of London into the American banking system.In the next nine chapters of the fascinatingly written book, the author examines different aspects of wealth and different categories of rich people - from artists and publishers to eccentric personalities and generous philanthropists. The text is astonishingly relevant, given how different the Victorian era was from ours and how imbued with Victorian morality the author himself was. The unwavering and almost religious belief in the moral principles of great wealth was specifically demonstrated by James Ewing Ritchie in his twelfth and concluding chapter entitled REFLECTIONS ON MONEY-MAKING. It is here, as a concluding chord, that the author presents his credo of wealth and the rich in a synthesized Select the kind of business that suits your natural inclinations and temperament.- A businessman must keep at the hold, and steer his own ship.- Do not take too much advice.- If you prosper in business, do not make too much show.- Work on positive facts. Do not let hope predominate too much. Don’t be visionary.- Don’t put too much reliance on friends in business. Never accept a bill for a friend. You stand a chance of losing money and friend.- Speak very little in business. Pump others rather than be pumped yourself.- Consult wisely, and resolve firmly.- Hesitation in business is bad; resolution, after proper consideration, is omnipotent and healthy.- Time, money, and judgment are three essential things for a speculation.- Go with the tide.- Beware of little expenses. A small leak will sink the ship.- Make the best of a bad bargain.- A policy of life assurance is the cheapest and safest mode of making provision for a man’s family.- A fool may make money, but it needs a wise man to spend it. Remember, it is easier to build two chimneys than to keep one going. Finally, as Matthew Henry wrote—“Hope the best, get ready for the worst, and then take what God sends.”
Pages
222
Format
Paperback
Release
September 11, 2020
ISBN 13
9798681999058

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