Jimmy’s House

I’m going to spend the majority of my life working for money. As far as I’m concerned I need to be as effective at it as possible. I read a really great book this year and decided to turn its contents into a page on my site.

Taken from Rabbi Daniel Lapin’s book Thou Shall Prosper here is his list of 10 commandments on how to make money.

1. Believe in the Dignity and Morality of Business

Making money is much harder to do if, deep down, you suspect it to be a morally reprehensible activity.

2. Extend the Network of Your Connectedness to Many People

Befriend many people who are a rung or two above and below your financial level, then find ways to help them achieve their desires. You will have discovered the secret of Partnership Power.

3. Get to Know Yourself

To change the way others see you, first you have to learn to see yourself as others see you.

4. Do Not Pursue Perfection

Neither neglect the imperfect nor expend yourself on futile pursuit of perfection, while failing to make the most of less perfect circumstances.

5. Lead Consistently and Constantly

Learning to lead is important, but it may not be what you think it is. Leadership is not a noun; it is a verb. It is not an identity; it is an action. Don’t try to become a leader, just do it. Just lead.

6. Constantly Change the Changeable While Steadfastly Clinging to the Unchangeable

Convert change from enemy to ally by understanding when to enjoy the exhilaration of change and when to fight it and steadfastly defend the unchangeable.

7. Learn to Foretell the Future

Who is wise? One who can tell what will be hatched from the egg that has been laid. Not he who can see the future—that is a prophet. Wisdom is seeing tomorrow’s consequences of today’s events.
-Babylonian Talmud, tractate Tamid

8. Know Your Money

Your money is a quantifiable analog for your life force–the aggregate of your time, skills, experience, persistence, and relationships.

9. Act Rich: Give Away 10 Percent of Your After-Tax Income

Through the mystical alchemy of money, giving charity jump-starts wealth creation.

10. Never Retire

Integrate your vocation and your identity by thinking of life as a journey rather than a destination.