Back in the 19th century, famous ringmaster P.T. Barnum made good money going around the country and giving a talk titled, The Art of Money-Getting.
Barnum knew a thing or two about money-getting.
He built up a large fortune, worth several hundred million dollars today, starting from nothing, using nothing except his own wits. And he did it a few times over, including after being forced into bankruptcy by cheating business partners and disastrous Acts of God.
Anyways, here’s a bit from Barnum’s Art of Money-Getting:
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Don’t blab. Some men have a foolish habit of telling their business secrets. If they make money they like to tell their neighbors how it was done. Nothing is gained by this, and ofttimes much is lost. Say nothing about your profits, your hopes, your expectations, your intentions.
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Not long ago, I asked readers of this newsletter which of my emails came to mind first.
I got lots of responses, and also some surprising extra information.
Many people used the word “transparent.” They said they liked my emails because of how transparent I am.
I guess they meant transparent about my business, because I don’t make any effort to be transparent about my personal stuff. Rather, I sometimes make an effort to be opaque about that.
So maybe Barnum speaking to me. Stop being so transparent, Bejako.
Or maybe he was speaking to you.
Don’t blab, dear reader. And if you do decide to share your money-getting business secrets, make sure something fine is gained by it, and not just a back-slap from your neighbors.
At this point in my email newsletter, I had a special offer for my readers. That’s not an offer I ever make on this website, in the archived version of my email — because I don’t like to blab about it publicly. In case you would like to get on my email newsletter, to get the full story I am writing each day, you can click here and sign up.