Summary of [Audio Book] George S Clason - The Richest Man In Babylon

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00:00:00 - 01:00:00

In the audio book, George S. Clason discusses the principles of wealth and how to become rich. He advises against spending more than one can afford and taking on too much debt, and instead recommends investing money wisely. He also teaches how to build one's own fortune and how to teach these skills to others.

00:00:00 The rich man in Babylon, George S. Clason, is discouraged from his job as a carpenter, but his wife reminds him that they need to eat. He is also discouraged from his lack of an answer to a problem. One day, he stares at his workbench and sees a problem that he can't solve. He eventually solves the problem and becomes rich.
00:05:00 The narrator Shares a dream in which he is a wealthy man. In the dream, he spends freely and feels content. After waking up, he realizes that he doesn't actually have any money and feels rebellion sweep over him. He and his best friend, Kaabai, discuss this and decide to dream about wealth. They both agree that they are more than dumb sheep and that they need to dream about the joys of wealth in order to be content.
00:10:00 In this short audio book, George S. Clason discusses the difference between being a "poor man" and being a "rich man." He argues that being rich is not just about having a lot of money, but also having enough money to live comfortably and have enough money to support your family. He also points out that it is not easy to become rich, and that it takes a lot of hard work and dedication. bansir agrees with carbi and suggests that they go talk to arcad, a friend of theirs who knows about making money.
00:15:00 In ancient Babylon, there was a very rich man named Arcade who was generous with his family and friends, but his wealth increased faster than he could spend it. His former friends came to him and urged him to give back to those who were less fortunate, and Arcade was moved to think about the difference between himself and his friends. He realized that he had become wealthy through hard work and not luck, and he resolved to learn more so he could continue to prosper. New understanding led him to learn how to succeed even when the odds are stacked against him. He advised his friends to do the same, and they all went together to ask Arcade's old friends for help. They were all able to succeed because they had each learned to work hard and rely on each other.
00:20:00 George S. Clason argues that wealth is a power that can bring happiness and contentment. He recalls learning this lesson from his wise teacher and decides to make wealth his goal. He advises his friends that it will require time and study to achieve this, and reminds them that all men have the opportunity to become wealthy.
00:25:00 The speaker tells the story of how he became a money lender, and how he discovered that a part of all he earned was his own to keep. He advises his listeners to do the same, and to remember that the sun that shines today is the sun that shone when their father was born, and will still be shining when they die.
00:30:00 George S Clason discusses the importance of saving and investing money, and how one can become wealthy by following these principles. He also recommends that one pay themselves first, not to buy goods from unnecessary merchants, and to avoid spending more than they can afford.
00:35:00 The narrator tells the story of how he became rich, eventually becoming partners with an old man in Nepal. He shares the advice he learned along the way, including the importance of willpower and being able to set goals and achieve them. He also advises against starting difficult tasks, as it will only waste your time.
00:40:00 George S. Clason discusses the principle of wealth growth and how it is possible for anyone, no matter their circumstances, to become wealthy if they are willing to invest wisely. He also advises against taking on too much debt and spending recklessly, as this will only lead to disappointment in the future.
00:45:00 The king asked Narcad how he became so wealthy. Narcad explained that he had a great desire for wealth and that Babylon was in a very unhappy state because a few men monopolized all the gold. The king decided that Babylon should be the wealthiest city in the world, and he tasked Narcad with teaching the masses how to become wealthy themselves. Narcad chose Cad as his student and the two of them began teaching the people of Babylon.
00:50:00 In this audio book, George S. Clason teaches how to acquire riches. He explains that it is important to start wisely by building one's own fortune, and then to teach these skills to others. He also teaches how to fatten one's purse.
00:55:00 The speaker tells a story about a man who had a lean purse and came up with two solutions to solve it. The first solution was to put in more coins each day to increase his wallet's size. The second solution was to control how much he spends each day. If any man in the class can disprove either of these solutions, the speaker will tell him tomorrow.

01:00:00 - 02:00:00

In this audio book, George S. Clason discusses the importance of homeownership and planning for a future income. He recommends that a man make preparations for a suitable income in the days to come when he is no longer young, and to make preparations for his family should he be no longer with them to comfort and support them. He also recommends that a man invest in a safe, long-term plan, such as buying a house or land.

01:00:00 According to this audio book, a person's desires will always outnumber their earnings, and it is important to budget and control one's expenses in order to make the most of one's earnings. In order to achieve this, it is also important to keep one's gold multiplying.
01:05:00 The speaker tells a story of how he became wealthy. He started with a loan to a shield maker, and then borrowed more money to invest in other projects. Over time, his investments grew and multiplied, and he eventually had a stream of wealth that flowed into his purse regularly. He advises people to guard their money carefully, and to start small and learn how to protect their investments before doing larger things.
01:10:00 The author, Archaed, urges caution when investing, citing examples of people who have lost money by doing so. He recommends investing in things that will provide a return on investment, such as land, homes, and businesses.
01:15:00 In this audio book, George S. Clason discusses the importance of homeownership and planning for a future income. He recommends that a man make preparations for a suitable income in the days to come when he is no longer young, and to make preparations for his family should he be no longer with them to comfort and support them. He also recommends that a man invest in a safe, long-term plan, such as buying a house or land.
01:20:00 The author recommends that men create a plan for wealth accumulation, and that they focus on acquiring small amounts of wealth gradually over time. This will help ensure that the individual's desires are simple and definite, and that they are not overwhelmed by too many complicate or overwhelming desires. This will lead to greater success in one's career, and ultimately, to wealth accumulation.
01:25:00 In ancient Babylon, the temple of learning was a place where teachers from all walks of life shared their wisdom freely. This temple played a significant role in the development of Babylonian civilization, and its teachings continue to have an impact on society today.
01:30:00 In this audio book, Archad, the richest man in Babylon, discusses how to attract good luck. He suggests that we meet to discuss the subject, and one man, named Lucky, offers to continue the discussion. Archad then tells the story of how he won a purse of gold from the goddess Ashtar at a gaming table. The other men in the room share their own ideas on how to attract good luck.
01:35:00 The speaker in this audio book discusses how the goddess can be found in various places, not just at the gaming tables. He discusses how some people are successful in life despite starting their success from less fortunate circumstances. He then asks the listeners if they know of anyone else who has become successful through gaming, and most of them respond no. He concludes the discussion by asking the listeners themselves if they think there are any consistent winners among those who gamble. The majority of the listeners respond with a resounding no, and the speaker concludes the book with a humorous anecdote about how people often gamble without realizing it.
01:40:00 The speaker tells a story of how he almost lost money on an investment, but learned from his mistakes and became successful. He advises young people to do the same, and to save their earnings so they can build a valuable estate.
01:45:00 The speaker tells a story of how he delayed taking advantage of an opportunity to build wealth. He argues that if a man desires to be lucky, he should step quick when opportunity presents itself. The speaker also talks about a stranger from another country who is also a slow starter. The speaker tells the stranger that he should call himself "the merchant" because that is what he is. The stranger is excited by the name and decides to accept the offer. The speaker concludes the story by saying that opportunity will not wait for the slowest of people.
01:50:00 The narrator tells the story of how, after traveling for ten days to find camels, he was approached by an elderly farmer who asked him to buy his sheep. The farmer offered him a very reasonable price, and the narrator accepted. The next morning, before he woke up, the city gates opened and four other buyers came out, wanting to buy the same flock of sheep. The farmer received three times the price that the narrator paid for them. The narrator tells the story of how, after traveling for ten days to find camels, he was approached by an elderly farmer who asked him to buy his sheep. The farmer offered him a very reasonable price, and the narrator accepted. The next morning, before he woke up, the city gates opened and four other buyers came out, wanting to buy the same flock of sheep. The farmer received three times the price that the narrator paid for them.
01:55:00 The speaker discusses how procrastination can be an enemy to success. He credits his victory over procrastination to recognizing it for what it is and overcoming it.

02:00:00 - 03:00:00

George S Clason gives advice on how to become a successful gold lender in ancient Babylon. He advises being conservative and only lending to those who have a history of being successful and safe.

02:00:00 The five laws of gold are: 1) gold is for the wise, 2) gold is for the rich, 3) gold will bring you happiness, 4) don't waste your gold, and 5) be patient and you will find gold. Kalabab, the richest man in Babylon, tells his listeners this night the tale of the wise rich man Arkhand, who was the richest man to ever live. Arkhand's wisdom came from understanding the laws of gold. This night, Kalabab will tell his listeners the same wisdom as was told to him by Nomasir, Arkhand's son. If listeners grasp the meaning and heed it, they will have much success in life.
02:05:00 Nomasier tells his father about his journey to Nineveh, where he meets a wealthy man who owns a horse so swift that it has never been beaten. The men tell Nomasier that the horse's owner is willing to wager any amount of gold that the horse can't be beaten in a race. Nomasia decides to take on the challenge and wagers all of his gold. The horse beats Nomasia in the race, and he loses all of his money.
02:10:00 George S. Clason learned about the five laws of gold from his father, which are designed to help a person become successful in life. He also learned that gold does not always bring happiness, and that it is important to be prudent with it.
02:15:00 Nomasier presents his father with three bags of gold, one from Babylon and two from Nineveh. He explains that his father should use the Babylon gold to make new gates for the city, while the Nineveh gold can be used for other investments. His father accepts his son's advice and gratitude is expressed.
02:20:00 Nomasier tells his father about the five laws of gold, which state that gold comes willingly to those who invest wisely, that it will multiply when given a profitable job, and that it is a willing worker.
02:25:00 The five laws of gold are: gold clings to the cautious owner, gold flees the careless owner, gold profits from investments with which the owner is not familiar, gold profits from investments with which the owner is skilled, and the treasure of gold is a rich reward for those who use their discretion in investment. The riches of Babylon are a constant reward for those who are diligent in their work.
02:30:00 The narrator tells the story of how he became the "lender of gold" in ancient Babylon. At first, he was just carrying around 50 pieces of gold, but he soon became very wealthy because people came to him for advice and not just for gold. Rodin the spear maker also came to him for advice, and the narrator gives him a meal and a place to stay. Rodin tells Mathon that he is beseeched each hour by people who want to share the gold with him, but he advises Rodin to say no. Rodin then tells Mathon that he is more than capable of advising others, even if he can't share the gold himself. Mathon then invites Rodin to eat with him, and Rodin accepts. Rodin tells Mathon that he has a gift for him, but Mathon is still unsure what it is.
02:35:00 The story is about a farmer who borrows gold from a friend and is eventually repaid in kind. The moral of the story is that if you want to help a friend, do it in a way that doesn't burden them.
02:40:00 The speaker describes how he makes loans to different people based on their possessions and their ability to repay. He tells a story about a man who borrowed money from him, but never repaid. The speaker keeps the man's ring as a token of their friendship.
02:45:00 The speaker is talking about a friend of his, a man named Mathon, who borrowed money from him. Mathon repaid the money promptly, but the speaker warns others to be careful when borrowing money because of the risks involved. He talks about another friend of his, a woman named Nebator, who regularly borrows money from him in order to invest in her son's businesses. Mathon is a trustworthy person and the speaker has confidence in his good judgement. He also talks about other merchants who borrow from him and how they are an asset to the city.
02:50:00 George S Clason advises borrowers to be prudent with their borrowed money, and to save as much as possible. He advises lending only to those who can repay it safely, and advises against lending to those who are not likely to use the money wisely.
02:55:00 George S Clason advises aspiring gold lenders to be conservative in their expectations and to associate themselves with enterprises that are successful and have a history of safekeeping. He also advises against risking one's treasure by hiring it out at high rates of return.

03:00:00 - 04:00:00

George S. Clason tells the story of his journey to become the richest man in Babylon. He talks about how he ran into financial trouble and was helped by his friend Mathon. Clason shares his thoughts on life, work, and wealth, and how he views the plowers who were working the same field forty years earlier.

03:00:00 Banzar Grim Warrior guards the entrance to the walls of Babylon, and if the gates are breached, he is one of the few defenders to survive. If a merchant's family is threatened, he tells them to stay close to the walls and to be brave.
03:05:00 The narrator tells the story of how, during the attack on Babylon, the walls held and the citizens celebrated. Tarkad, the son of Azure, was starving and had been fasting for two days. He thought about what was happening and how his mind was working better. He realized that the odors of food were becoming stronger, so he decided to go over the wall and steal some food.
03:10:00 The angry woman in the video chased down George Clason, and he tells the story of how he ended up in Babylon. He talks about how he borrowed money from a friend and was unable to repay it. He meets a man who tells him about a piece of stone that can change the color of the world. Tarkad is more interested in the goat leg than the story, but he listens to the man. Tabassier tells a story to his neighbor and the other customers at the eating house, and they all eat and drink. Tarkad is the only one without food.
03:15:00 <could not summarize>
03:20:00 The narrator tells the story of how he became a slave, how he refused to be one, and how he eventually became a free man. He reflects on what it means to be a free man, and how he thinks his mother would have considered him one.
03:25:00 George S. Clason, known as the "Richest Man in Babylon," tells the story of his journey home after running away from his wife and parents. He ponders his situation and decides that he is still a man, even though he is poor and has no food or water. He decides that he will go back to Babylon and face his enemies head-on.
03:30:00 The five clay tablets from Professor Franklin Caldwell's recent excavation of Babylon arrive at his home, and he quickly translates their inscriptions. One of the tablets discusses a man named Dabasir, who is trying to pay off his debts. It is clear that conditions on this old world have not changed much over the years.
03:35:00 This ancient Babylonian inscription tells the story of a man who plans to pay off his debts by earning a lot of gold. He follows a plan outlined by his friend Mathon, and is successful in achieving his goals. This story provides inspiration to those who are struggling to pay off their debts.
03:40:00 This man, George S Clason, ran into financial trouble and was unable to repay his debts. Mathon, his creditor, helped him to reduce his debt by paying it in small sums of his earnings. Clason is now more determined than ever to repay his debts.
03:45:00 This is a brief audio book about the life of George S. Clason, who became wealthy by following a system that helped him pay off all his debts and free himself from financial worries. The book also discusses the importance of having a plan and of being determined in achieving success.
03:50:00 The narrator tells the story of how he and his friends were able to pay all their debts, including those from 5,000 years ago, by following a financial plan. They managed to do this by setting aside 20% of their income each month, and by investing their surplus money. They continue to follow this plan after their debts are paid, and are now very content with their life.
03:55:00 In this audio book, George S. Clason tells the story of how he became the richest man in Babylon. He shares his thoughts on life, work, and wealth, and how he views the plowers who were working the same field forty years earlier. Clason finds it amusing that he can still recognize the men from their previous appearance, despite the fact that they've aged so much.

04:00:00 - 04:50:00

In the audio book, George S. Clason discusses the lessons he learned from the Babylonian king Nebuchadnezzar. These lessons can help you become the wealthiest man in your own life. He talks about how work can be your best friend, and how being smart and getting by without working is better than relying on others. He also advises listeners to make themselves friends with work and not mind if it is hard.

04:00:00 The narrator recalls why he could not bury the past and live in the present--he saw a picture of a smiling Gula, the Babylonian god of wealth, who helped him break through his youthful cynicism. He and Arid Gula, a very successful young man, had different ideas about work and decided not to follow the conventional paths of their respective lives. They formed a business partnership, and the story concludes with Hayden Gula recounting how he regained his freedom.
04:05:00 In this audio book, George S. Clason discusses how to get ahead in life by doing good work. He cites the example of plowmen in Babylon who were considered wise and not shirking their work. He also talks about how it is better to be smart and get by without working, instead of relying on others to take care of you. He warns listeners about the dangers of being sold to the walls and how it can be a death sentence. He also advises listeners to make themselves friends with work and not mind if it is hard.
04:10:00 In ancient Babylon, a slave named Megiddo finds success baking honey cakes and becomes wealthier as a result. One day, Megiddo's master suggests that he sell the honey cakes at two for a penny, and half the pennies will be used to pay for the ingredients. Megiddo decides to keep one-fourth of the profits for himself. One night, Megiddo works late to make a tray of honey cakes and sells them on the street. Later, he bakes an extra supply and sells them for more. This earns him enough money to buy his freedom.
04:15:00 In this audio book, George S Clason tells the story of his time as a slave in a big city. He starts out selling cakes, but eventually becomes a foreman and makes enough money to buy his freedom. He then plans to become a merchant and help others do the same.
04:20:00 Hayden Gula, a young man, tells the story of his grandfather, a slave who became a great man in Babylon. Gula explains how his grandfather became anxious to earn his freedom and how work became his best helper in achieving this. Later, Gula meets a man, Arid Gula, who has become a changed man and is full of enthusiasm. Gula fears for his master, who has been losing money at the gaming tables. Gula's wife tells him that the money lender is coming back with a man called Sassy and that he will do.
04:25:00 The man in this audio book is describing his life as a slave. He goes through many hardships and disappointments, until he meets a money lender who tells him to go to his noble owner. The noble owner offers him a hard bargain, but the man is worth it. The man's philosophy and enterprise have been his inspiration to this new success.
04:30:00 In this historical sketch of Babylon, author Megiddo explains how the city's riches were created through the hard work of its citizens. Babylon's two natural resources - a fertile soil and water in the river - were all man-made, and its wealth was due in no small part to the engineering abilities of its inhabitants.
04:35:00 The Babylonian irrigation system is one of the first engineering feats known to history, and it is responsible for the fertile soil in the arid valley where the city once stood. The city was destroyed by the winds and the desert dust over it for centuries, but the remains of the irrigation canals can still be traced. Babylonian civilization is the oldest of which there is a definite record, dating back 8,000 years.
04:40:00 The video discusses the ancient city of Babylon, which was famous for its great walls and its many kings who unsuccessfully attempted to conquer it. Modern archaeologists have been unable to find any evidence of the original walls, and it is estimated that the walls were about 60 feet high. Nabapalasser started the walls about 600 years before Christ, and his son Nebuchadnezzar completed them. The city was organized much like a modern city, with streets and shops. However, little now remains of Babylon except for portions of the foundations of the walls and the moat. The city was invaded by armies of various conquerors throughout its history, but the city always managed to resist.
04:45:00 The video discusses the history and culture of the Babylonians, including their impressive architecture, art, and financial skills. It also mentions their eventual downfall at the hands of Cyrus the Great.
04:50:00 In this audio book, George S. Clason discusses the lessons he learned from the Babylonian king Nebuchadnezzar. These lessons can help you become the wealthiest man in your own life.