On The Richest Man in Babylon

On The Richest Man in Babylon by George S. Clason published in 1988 Copyright 1926:

Is wealth dependent on the amount of productive work completed over time?

If productive work is movement towards a desired outcome and if more productive work can be completed over longer periods of time then is it true that the earlier you start investing in productive work the more likely you are to achieve your desired outcome?

Clason was an entrepreneur and businessman who wrote out seven financial principles in clear and concise language. These ideas are embedded within a storytelling narrative that gives credit to ancient wisdom. The dangers of procrastination and unproductive work reoccur throughout the book.

If something is valuable to us, why don’t we invest in it? Fear and pain can exacerbate indecision and lead to future regret. It is easy to get caught in a prolonged cost-benefit analysis comparing current pleasure to future pain. But if time is needed to compound the gains from our investments in productive work, what are we waiting for?

Is wealth dependent on the amount of productive work completed over time?

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