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The Wealth-Building Modeling Project
How becamest thou so wealthy?
(The Richest Man in Babylon)
George S. Clason, 1926)
By L. Michael Hall, Ph.D.
In 1926 George Clason wrote a fabulous little book, The Richest Man in Babylon. It’s all
about wealth and wealth building. Yet there’s more to it—it presents a fictitious
account (read, metaphor) about the first Modeling Project on Wealth Building. To
highlight this delightful little book and provide 11 very Powerful Wealth Building
Principles—free of charge, I have quoted extensively from the book and enumerated
Eleven Principles that would begin you on the road to Financial Independence.
The Richest man in Babylon operated from a very powerful Belief, namely,
Lo, money is plentiful for those who understand the simple rules of its
acquisition.
From that belief of Abundance, he then ennumerated Seven Cures for a Lean Purse.
The king of Babylon wanted to know why should so few men be able to acquire all of
the gold. What explains this? How could more do not become wealthy?
Because they know how. (p. 23)
In response to this information, the King of Babylon then did what any good modeler
worth his salt would do, he searched out and found the richest man in Babylon in
order to model the best. So when he finally appeared, he just went for it. He just
asked the man directly,
How becamest thou so wealthy?
By taking advantage of opportunities available to all citizens of four
good city.
You hadst nothing to start with?
Only a great desire for wealth.
Tell me, Arkad, is there any secret to acquiring wealth? Can it be taught?
When he discovered that it indeed could be taught, the King then invited him to teach
it from the Temple of Learning (undoubtedly the city’s main Conference for such
things). So the richest man began,
Listen attentively to the knowledge
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