I thought today I should do this brief write-up on managing money and investments. I know some of you might swiftly run away from this article simply because the title has the word ‘gold’ in it. Some will say they don’t have even a single carat or ounce of gold in their possession, so why read this damn article on gold. Just for clarification, by gold I mean any productive resource you have. OK? Can we proceed then?

By the by, have you read George S Clason’s book entitled ‘The Richest Man in Babylon’?  If you have not, I strongly recommend that you give it a try, and don’t tell me you don’t have money to buy the book. Being an entrepreneur, I know you will certainly get a few good things that can help you in your entrepreneurial dreams. My blog today is based on principles I got in that book, and I will share with you the basics.

So, what are the top five lessons on laws of Gold – which you need to know?

  • Lesson number one: Save gold. Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family. Now, I must confess that I just love this ancient way of putting together sentences, whatever name you will give it! You simply say ‘Gold cometh’ instead of saying ‘Wealth is attracted by….. and so on, in this modern world. If you don’t like it, that’s up to you but you cannot discourage me from loving it. The message is clear – save money to be able to attract more money. I’m not going to labour on this point, because even economists today all speak about the same. Very straight forward. Isn’t it?
  • Lesson number two: Invest gold. Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field. Mr. Entrepreneur, I think that by the fact that you own an enterprise, you are already applying this principle of investment, but what is important is that you invest wisely. Find profitable or gainful things to invest in. It’s not just about dreaming one night and the following day you are pouring zillions of money into something you hardly know. Do you get what I mean? Money will work for you diligently, if you employ it profitably, and not with some lazy, idle and uninformed approach. OK?
  • Lesson number three: Protect gold. Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling. Now, this is where I have a bone to crack with some entrepreneurs. It’s good to invest under the advice of wise men. You might ask me who is wise, and I have no answer for you, but I simply use my common sense to determine who is wise and who is not. You need to make use of your six senses. Today there are many people masquerading as business consultants, yet in reality they are far from it. It only takes me a 15 minutes talk over coffee to tell that someone knows what he claims to be consulting in. Money will cling to you if you know how to manage it.
  • Lesson number four: Invest gold with understanding. 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. I said in one of my previous blog post that in my opinion, knowledge is the number one thing every entrepreneur needs. It’s not monetary capital. I know you may argue with me, but both you and I are entitled to our opinion. It’s a free world. In any case people only get to know what’s in your mind if you express it openly like I’m doing. Otherwise, you can retain even the silliest or wisest opinion quietly. Isn’t it? Candidly, there are entrepreneurs who will simply stare into the unknown, if asked how they lost huge sums of money. Most times this boils down to lack of understanding, including a void in risk management.
  • Lesson number five: Beware of investments with abnormally high returns. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment? Ha ya ya ya! The lesson is very clear here. Fantastically clear. Never force money to impossible earnings. Never do business with tricksters or schemers. Avoid romantic desires in business. Do you get it? Many times in your entrepreneurial journey you will come across ‘investors’ with some ideas on how your money can be multiplied exponentially in a very short time. Such would want to multiply your money and not their own money! You have got to be wise Mr. Entrepreneur. Don’t you agree with me?

So, in conclusion, I simply find the above principles that Clason wrote about, exceedingly good advice for every entrepreneur. Don’t you think so? Hold these principles close to your heart, and don’t be deceived. Save, protect and invest your gold or money wisely. Never force your money to impossible earnings. Run away from schemers or fraudsters. Avoid romantic investment ideas. I can hear you laugh at the expression ‘romantic investment ideas’, but it is reality. Whatever your mind now thinks about it, go ahead!

Till then – and with every good wish,

The Wise Entrepreneur


  1. I am truly pleased to glance at this blog posts which consists of lots of helpful
    facts, thanks for providing such information.

    my web site ekord4d.blogspot.com

  2. renox.in says:

    Hi there would you mind letting me know which hosting company you’re working with? I’ve loaded your blog in 3 different browsers and I must say this blog loads a lot faster then most. Can you suggest a good hosting provider at a reasonable price? Cheers, I appreciate it!

  3. One thing I’d really like to say is that often before buying more laptop memory, look at the machine in which it could well be installed. When the machine is running Windows XP, for instance, the actual memory threshold is 3.25GB. Applying over this would easily constitute some sort of waste. Make sure one’s motherboard can handle your upgrade amount, as well. Great blog post.

  4. here says:

    We absolutely love your blog and find most of your post’s to be
    exactly I’m looking for. Does one offer guest writers to write content available for you?

    I wouldn’t mind creating a post or elaborating on most of the subjects you write in relation to here.
    Again, awesome blog!

  5. I truly appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thanks again

  6. roshe run says:

    Hi there! I just would like to give a huge thumbs up for the nice data you’ve got here on this post. I can be coming again to your weblog for more soon.

  7. Heya i am for the first time here. I came across this board and I find It truly useful & it helped me out much. I hope to give something back and help others like you aided me.

  8. Hi my family member! I want to say that this article is amazing, great written and include approximately all important infos. I¡¦d like to peer more posts like this .

  9. Common Law says:

    Wow! This can be one particular of the most beneficial blogs We have ever arrive across on this subject. Actually Great. I am also a specialist in this topic therefore I can understand your effort.

  10. I am writing to make you understand what a incredible encounter my wife’s daughter encountered reading your web site. She realized numerous pieces, which included what it’s like to have an excellent coaching style to get other individuals really easily completely grasp a variety of grueling issues. You undoubtedly did more than readers’ desires. Thank you for imparting such great, trusted, explanatory as well as fun tips on your topic to Kate.

  11. Oh my goodness! a tremendous article dude. Thanks Nonetheless I am experiencing problem with ur rss . Don抰 know why Unable to subscribe to it. Is there anyone getting an identical rss downside? Anyone who knows kindly respond. Thnkx

  12. Hello my friend! I want to say that this article is awesome, nice written and come with almost all vital infos. I would like to see more posts like this.

  13. It is actually a great and helpful piece of information. I am happy that you shared this useful information with us. Please keep us informed like this. Thanks for sharing.

  14. Good web site! I really love how it is simple on my eyes and the data are well written. I’m wondering how I might be notified when a new post has been made. I have subscribed to your RSS feed which must do the trick! Have a great day!

  15. Super-Duper blog! I am loving it!! Will be back later to read some more. I am bookmarking your feeds also

  16. Shopping says:

    Absolutely indited subject matter, appreciate it for information .

  17. Hi there! Would you mind if I share your blog with my twitter group? There’s a lot of folks that I think would really appreciate your content. Please let me know. Thanks

  18. Great blog right here! Additionally your site lots up fast!
    What web host are you using? Can I get your associate link
    on your host? I desire my site loaded up as fast as yours

  19. I just like the valuable information you provide on your articles.
    I will bookmark your blog and take a look at once more right here frequently.
    I’m moderately certain I will be informed a
    lot of new stuff proper right here! Good luck for the following!

  20. Thank you for sharing excellent informations. Your website is very cool. I am impressed by the details that you have on this web site. It reveals how nicely you understand this subject. Bookmarked this website page, will come back for more articles. You, my friend, ROCK! I found simply the info I already searched everywhere and simply couldn’t come across. What an ideal web-site.

  21. Well I sincerely enjoyed studying it. This article offered by you is very effective for accurate planning.

  22. Its like you read my mind! You seem to know so much about this, like you wrote the book in it or something. I think that you could do with a few pics to drive the message home a little bit, but instead of that, this is wonderful blog. An excellent read. I’ll definitely be back.

  23. Why viewers still make use of to read news papers when in this technological world everything is available on web?

  24. More hints says:

    I just want to say I’m beginner to blogging and site-building and seriously enjoyed your blog. Most likely I’m going to bookmark your blog . You surely come with exceptional posts. Thanks a lot for revealing your website page.

  25. I just want to tell you that I’m new to blogging and site-building and definitely enjoyed this web-site. Most likely I’m going to bookmark your blog . You actually have incredible well written articles. Appreciate it for sharing with us your website page.

  26. I found your blog web site on google and examine a few of your early posts. Proceed to maintain up the superb operate. I just extra up your RSS feed to my MSN Information Reader. In search of forward to reading extra from you afterward!?

  27. Woah! I’m really enjoying the template/theme of this site.

    It’s simple, yet effective. A lot of times it’s challenging to get that “perfect balance” between superb usability and appearance.
    I must say that you’ve done a excellent job with this. Also, the blog loads super fast for me on Firefox.

    Excellent Blog!

  28. download says:

    Heya i’m for the primary time here. I found this broad and
    I find It really useful & it helped me out a lot. I’m hoping to provide something again and aid
    others such as you helped me.

  29. I seriously love your website.. Excellent colors & theme.
    Did you make this amazing site yourself? Please reply back as I’m attempting
    to create my very own site and would love to know where you
    got this from or what the theme is named. Kudos!

  30. cheap says:

    I’m really enjoying the design and layout of your site. It’s a very easy on the eyes which makes it much more enjoyable for me to
    come here and visit more often. Did you hire out a developer to create your theme?
    Superb work!

  31. download says:

    Appreciating the time and effort you put into your site and in depth information you provide.
    It’s awesome to come across a blog every once in a while that isn’t
    the same old rehashed information. Great read! I’ve bookmarked your
    site and I’m including your RSS feeds to my Google account.

  32. cheap says:

    I’ve been browsing online more than 2 hours today, yet I never found any interesting article like
    yours. It is pretty worth enough for me. In my view, if all site owners and bloggers made good content as you did,
    the internet will be a lot more useful than ever before.

  33. I wish to express some appreciation to this writer for rescuing me from this particular condition. As a result of scouting throughout the the web and coming across advice that were not pleasant, I thought my life was over. Being alive without the strategies to the difficulties you’ve sorted out all through this site is a serious case, as well as ones which may have in a wrong way affected my career if I hadn’t discovered your blog post. Your own personal know-how and kindness in taking care of all areas was tremendous. I’m not sure what I would have done if I hadn’t encountered such a step like this. I can at this point look ahead to my future. Thanks so much for this expert and amazing guide. I won’t hesitate to recommend your web sites to anybody who should have support about this problem.

  34. buy says:

    Thanks for sharing your thoughts about here. Regards

  35. buy says:

    Its like you read my mind! You seem to understand a lot approximately this, such as you wrote the e book in it or
    something. I believe that you can do with some percent to power the
    message home a little bit, but instead of that, that
    is fantastic blog. An excellent read. I
    will certainly be back.

    • Clayton W. L. Mwaka says:

      This blog is based on the book entitled ‘The Wise Entrepreneur’. There are links on this blog to Amazon book page. Thanks and kind regards.

  36. download says:

    Good site you’ve got here.. It’s difficult to find high-quality writing like yours nowadays.
    I truly appreciate individuals like you!
    Take care!!

  37. buy says:

    Aw, this was a very nice post. Taking a few minutes
    and actual effort to make a great article… but what can I say… I hesitate a whole lot and never manage to
    get nearly anything done.

  38. source says:

    Hi, after reading this remarkable paragraph i am too glad
    to share my familiarity here with friends.

  39. buy says:

    I feel that is among the most significant
    info for me. And i’m happy studying your article. However wanna remark on some general
    things, The site style is wonderful, the articles is in point of fact excellent
    : D. Good task, cheers

  40. I definitely wanted to post a simple message to be able to appreciate you for the fantastic suggestions you are giving here. My incredibly long internet look up has at the end been paid with useful ideas to talk about with my neighbours. I would suppose that many of us site visitors are undoubtedly fortunate to dwell in a really good website with so many wonderful people with insightful techniques. I feel rather happy to have used your entire weblog and look forward to plenty of more fun moments reading here. Thanks a lot again for a lot of things.

  41. led shoes says:

    A lot of thanks for your entire work on this blog. My mum really loves going through investigations and it’s really simple to grasp why. We all notice all of the lively method you deliver practical tricks through the blog and as well as cause response from other people on the subject then our own child is in fact studying a lot. Take pleasure in the rest of the new year. You are carrying out a stunning job.

  42. I have to express thanks to the writer just for bailing me out of this particular crisis. Right after checking through the the net and getting advice which were not powerful, I figured my life was done. Living without the solutions to the problems you’ve sorted out through the write-up is a serious case, as well as the ones that could have in a negative way damaged my career if I hadn’t encountered your web blog. That competence and kindness in taking care of the whole thing was priceless. I am not sure what I would have done if I hadn’t encountered such a stuff like this. It’s possible to at this time look ahead to my future. Thanks a lot very much for the impressive and sensible help. I will not be reluctant to recommend your web site to any individual who will need guide about this issue.

  43. kobe 9 says:

    Thank you for your entire labor on this site. My mom take interest in getting into investigations and it’s really simple to grasp why. Many of us notice all of the lively means you give insightful tactics via this web blog and as well as invigorate response from the others on this content and our daughter has been being taught a whole lot. Have fun with the remaining portion of the year. You have been conducting a superb job.

  44. I have to get across my appreciation for your generosity giving support to those who really need help on that content. Your personal dedication to getting the message all-around became incredibly beneficial and has truly permitted women much like me to get to their aims. Your personal helpful guideline indicates a whole lot to me and substantially more to my office colleagues. Thanks a ton; from each one of us.

  45. Thank you so much for providing individuals with an extraordinarily terrific possiblity to check tips from this site. It is often very brilliant and also jam-packed with a lot of fun for me personally and my office mates to search your web site no less than three times every week to read through the newest things you will have. And indeed, I am just always fascinated with your terrific guidelines you serve. Selected 3 areas in this posting are in truth the most effective we have all had.

  46. adidas neo says:

    I definitely wanted to make a comment to be able to thank you for some of the remarkable suggestions you are giving out at this website. My prolonged internet research has at the end been paid with brilliant ideas to share with my close friends. I would suppose that we website visitors actually are quite blessed to dwell in a very good site with many brilliant individuals with helpful plans. I feel truly happy to have used your site and look forward to plenty of more cool moments reading here. Thanks a lot once again for everything.

  47. Aw, this was a very nice post. In concept I wish to put in writing like this additionally ?taking time and precise effort to make an excellent article?but what can I say?I procrastinate alot and not at all appear to get something done.

  48. I happen to be writing to make you know what a beneficial discovery my cousin’s princess undergone browsing yuor web blog. She even learned such a lot of pieces, which included what it’s like to have an amazing teaching mood to let many others smoothly comprehend chosen grueling subject matter. You undoubtedly did more than people’s desires. Thanks for offering these important, trustworthy, revealing and unique guidance on your topic to Evelyn.

  49. A lot of thanks for all your valuable work on this web site. Debby really loves getting into internet research and it’s really easy to see why. Most people know all regarding the lively form you convey invaluable techniques on the web site and as well invigorate contribution from some other people on this area and my daughter is now starting to learn so much. Enjoy the remaining portion of the year. You’re the one conducting a superb job.

  50. Thanks a lot for providing individuals with remarkably terrific chance to read in detail from this blog. It is often very sweet and as well , jam-packed with a good time for me and my office mates to visit your web site no less than three times in a week to read the new guidance you have got. And lastly, I am also always pleased for the unique tricks served by you. Certain two areas in this post are certainly the most impressive we have all had.

  51. I wish to show some thanks to this writer just for bailing me out of such a matter. Right after surfing around throughout the the web and getting principles which were not pleasant, I believed my life was done. Existing without the presence of strategies to the problems you have resolved by means of the report is a crucial case, as well as ones which might have in a negative way affected my career if I had not encountered your web site. Your actual ability and kindness in playing with everything was vital. I don’t know what I would have done if I had not come upon such a solution like this. I am able to at this point relish my future. Thanks a lot so much for this impressive and result oriented guide. I will not think twice to recommend your web site to anyone who should get direction on this subject matter.

  52. I must voice my appreciation for your kindness for men and women that need guidance on this one theme. Your special commitment to getting the solution around became extremely advantageous and have consistently helped most people just like me to reach their desired goals. Your own insightful publication can mean a great deal a person like me and far more to my fellow workers. With thanks; from each one of us.

Leave a Reply

Your email address will not be published. Required fields are marked *