Shoremates,

Welcome to Part 5 in our Richest Man in Babylon Series.

Today, we go over chapters 5 and 6.

Chapter 5 is "Meet the Goddess of luck."  The main takeaway from this is that luck does not actually exist.  One famous quote about luck is that "the harder I work, the more luck I have."  Luck comes by being at the right place, at the right time, with the right people. The means you need to become the right person, being with the right people, hanging out at the right places, and then when opportunity comes, take quick and immediate massive action.

Chapter 6 talks about the 5 laws of gold.  These laws are:

1. Gold cometh gladly and in increasing quantity to any man who will put by not less than 1/10th of his earnings to create an estate for his future and that of his family.
2. Gold labors diligently and contented for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.
3. Gold clings to the protection of the caution owner who invests it under the advice of men wise in its handling
4. Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep
5. Gold flees the man who would force it to impossible earnings or who follows the alluring advice of tricksters and schemers, or who trusts it to his own inexperience and romantic desires in investment.

Action steps for today:

1. Is there anything you're procrastinating on that you need to take immediate action on, that would improve your life?
2. Is the above activity actually worth it?  Is the reward worth the pain?  What are the emotions you would feel once it is achieved? 
3. Do you need to go get a job (or another one) to help save 10% until you can have enough that you can take immediate massive action on an opportunity once it shows itself?

Always Remember, 

You've got this!

J.D. Elliott