The Richest Man in Babylon: Book Summary [2024] | Book Simplified

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  • Опубликовано: 27 май 2024
  • The richest man in babylon summary by book simplified. In this video, we took the key lessons from the book "The Richest Man in Babylon" by George S. Clason. It is about the story of Arkad and how he became the Richest Man in Babylon. Arkad works as a scribe before he met a rich man named Algamish.
    He asked Algamish to teach him how to become rich and from that day on, he started practicing the lessons he learned and become better and better until he becomes the richest man in Babylon. When he became the richest, the king asked him to teach the people the secrets of becoming rich. He started teaching men the techniques of becoming rich and the lessons he learned from his experience.
    If you also want to learn how Arkad became the richest man in Babylon, I highly recommend you watch this video. If you enjoy the video, feel free to subscribe to my channel for more content like this. The goal of this channel is to give the viewers summaries of great books about self-help and turn it into small videos you can watch in your free time.
    If you're interested in getting your hands on this book, I've included my affiliate link, if you make a purchase through that link, I may earn a small commission at no additional cost to you. It's a great way to support this channel and helps me continue creating content about books.
    amzn.to/42srgdy
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Комментарии • 469

  • @stephenobuya8549
    @stephenobuya8549 Год назад +102

    The true path to success is execution. An executed plan clears all the doubts

  • @robinsonjon8632
    @robinsonjon8632 Год назад +185

    *Unfortunately, no one can live this life without MONEY. We are forced to work and chase after Money to pay rent and bills. May GOD bless everyone with enough money and relieve us of money anxiety. Amen*

    • @robinsonjon8632
      @robinsonjon8632 Год назад +2

      Getting money is an issue that everyone has needs in order to live a better and luxurious life. Life was difficult for me until i began trading,and I'm now earning a lot of money even with the current crash happening in the trading market. I still make gains using a better strategies....

    • @robinsonjon8632
      @robinsonjon8632 Год назад +2

      Being earning $2,900 on every $200 lnvested in the space of 7trading days

    • @robinsonjon8632
      @robinsonjon8632 Год назад

      Kudus to you *Mr Gardner*

    • @roelrudd6118
      @roelrudd6118 Год назад +2

      Amen to the prayer.

    • @muawuyaadamu4043
      @muawuyaadamu4043 Год назад +1

      🙏🙏🙏🙏🙏

  • @rehobothyoosuf9027
    @rehobothyoosuf9027 Год назад +119

    Thirteen years ago, I attended a programme on financial intelligence and the woman asked us to buy this book. I bought it and it turned my life around. It gave me financial miracles and discipline. That same year, I started saving 25% of my salary. It was tough at first but I was filled with joy each time my money grew. I started building my own house that year, cut off unnecessary want. Now I'm able to save 80% of my income. I have other houses now, still live moderately and I'm living financially happy ever after

    • @booksimplified
      @booksimplified  Год назад +8

      Thank you for sharing your story. That shows how one book can change someone's life. That's what I hope in this channel, that I can inspire someone to read a book and change their life.

    • @shinipapaya846
      @shinipapaya846 Год назад +2

      That's great 👍thanks so much I'm going to buy this book ASAP

    • @chanlee4707
      @chanlee4707 Год назад +2

      Wow. So happy for you. Thank you for the reassurance. Some of these I've already applied but so far my investments haven't yielded anything, but that's due to covid. I've actually lost money on most of my stocks.

    • @leonardaddae3072
      @leonardaddae3072 Год назад

      Amen

    • @nompilo9890
      @nompilo9890 Год назад +3

      I tend to waste money ...will learn from this🥰

  • @hannahschultz9074
    @hannahschultz9074 Год назад +50

    Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

    • @kleaghoni3883
      @kleaghoni3883 Год назад

      Same here it's four months now I started trading with her, and it's been a good experience

    • @kleaghoni3883
      @kleaghoni3883 Год назад

      Serenay mathieu is a woman of integrity, with $6,000 she makes profit of $34,000 And I can even say she is the sincere broker I know

    • @aliciabennett9216
      @aliciabennett9216 Год назад

      Despite all the economic crisis, this is still good time to start up an investment

    • @aliciabennett9216
      @aliciabennett9216 Год назад

      For real bitcoin is very profitable

    • @sunshunesunshine1547
      @sunshunesunshine1547 Год назад

      A friend that I referred to her just received €61,050 profit after 6days of investing.... I became jealous.. Lol

  • @FernandoOrtegaJimenez
    @FernandoOrtegaJimenez Год назад +2

    My trading journey was a matriculation of highs and lows, literally just like the market. you up, you down. Now I'm constantly up.

    • @Alerts_Thomaskralow
      @Alerts_Thomaskralow Год назад

      Over the past 5 years, buying Bitcoin every week performed better than timing the market 86% of the time.

  • @amandaallen4873
    @amandaallen4873 Год назад +87

    To whoever reading this , never stop chasing your dreams you can do it . Keep pressing and thriving you will make it ! Consistency is the key to achieve your goals

    • @noblebach6539
      @noblebach6539 Год назад +1

      The mind replays what the heart can't delete . So be careful what you keep in your heart, Purify it often

    • @gracelutheran9399
      @gracelutheran9399 Год назад

      Bitcoin trading is just like any other business but in this case more sophisticated and advanced .

    • @victorpsalms8558
      @victorpsalms8558 Год назад +1

      Investment put you ahead in life , is like buying a day off you don't have to work again , invest now and secure your future .

    • @jeffreywilliams9555
      @jeffreywilliams9555 Год назад

      Starting early is the best way getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to a decent payouts, with the right skills and proper understanding of how the market works

    • @noblelucky8666
      @noblelucky8666 Год назад

      Making profitable trades isnt as hard as you think, I took the right steps as a beginner by investing with a reliable brokerge where all my trades are being handled by financial expert.

  • @RandallHallKaizenReiki
    @RandallHallKaizenReiki Год назад +17

    This is the book that finally got me to write down a budget. I used to think I was too smart to need to do that. Turns out it wasn't smarts.

    • @JohnFekoloid
      @JohnFekoloid 10 месяцев назад

      This is the first time I'm understanding how to force a budget and restructure it till it works.

  • @emmanuelnwali8826
    @emmanuelnwali8826 Год назад +27

    One of the best books I have read about wealth. I recommend this book to anyone who is sorting for how to create financial freedom.

  • @vivianpaul7759
    @vivianpaul7759 Год назад +42

    We live in a beautiful world that only a few enjoy, the others have to watch it on RUclips .

    • @kang-dae7619
      @kang-dae7619 Год назад +3

      It's good we know it now how the rich and the poor are classified.

    • @sethjunior8338
      @sethjunior8338 Год назад +9

      From the look of things: money separates the poor from the good things of life. Not working for the money but letting the money work for you through investments should be in everyones mind.

    • @cyriledward6180
      @cyriledward6180 Год назад +3

      Yes so many good things of life to enjoy but like you said , money separates the rich from the poor.

    • @Kiki-dg1zo
      @Kiki-dg1zo Год назад +6

      The best way to create and maintain wealth is by investing, investments save one from not working all through their life time expecting to retire and enjoy their labor at the age of 60-65 as the case maybe. And my question is, will you be physically fit to enjoy the fruits of your working years?.

    • @peterbaker732
      @peterbaker732 Год назад +5

      @@Kiki-dg1zo Sad truth! though am yet to make profitable investments due to uncertainties in my finances and management.

  • @jillianbautista6567
    @jillianbautista6567 3 года назад +50

    This video made me realize the importance of financial literacy. As a graduating student and a future professional, this discussion is really helpful for me who is starting to build a career. I learned about developing the winning mindset, the ways to becoming a successful individual and to have full competence not just the excellence in academics but in mindset as well.

    • @timothybakari1662
      @timothybakari1662 Год назад +1

      Share your story 2 Year after you leant from the story 💰💸

  • @andreambuguah
    @andreambuguah 2 года назад +24

    Your summary on this book is my favourite by far, you are the only one to give the back story in greater detail. Thank you

    • @booksimplified
      @booksimplified  2 года назад +2

      I'm glad you liked it. Thank you for watching!

  • @willyhc1203
    @willyhc1203 2 года назад +2

    Great summary. Please, continue doing that. Keep forward. Thank you.

  • @panchasanguparakalarajan8948
    @panchasanguparakalarajan8948 2 года назад +6

    Nicely explained. Thank you sir for sharing this.

  • @nyambosa
    @nyambosa Год назад +4

    Wonderful lesson there. I have benefited a great deal from this brief video. Thanks for sharing this jewel.

  • @sammydavdsonjr9633
    @sammydavdsonjr9633 2 года назад +3

    Thanks You, well summerised ,short n brief
    I love it 😍

  • @sapphireruby4701
    @sapphireruby4701 Год назад +4

    I'm glad I found this channel
    . Thanks for summarizing the book so beautifully.

    • @booksimplified
      @booksimplified  Год назад

      Thank you. I hope these videos can help you on your daily life.

  • @MeditationRelaxSleeps
    @MeditationRelaxSleeps Год назад +8

    Best book I ever read in 1995 , changed my life.

  • @billg6051
    @billg6051 2 года назад

    Thank you for sharing your time!

  • @phorn_khann
    @phorn_khann Год назад +4

    This is the best self-taught video about Saving in Finance I ever watched. Well Done! Much Appreciated for posting this video.

    • @booksimplified
      @booksimplified  Год назад

      I'm glad you liked it. Thank you for watching!

  • @jellygurl27
    @jellygurl27 Год назад +2

    There is so many financial advice out there but I feel like this advice fits me the most naturally.

  • @raistrue1
    @raistrue1 25 дней назад

    Thanks for the summary

  • @nobudysbee1220
    @nobudysbee1220 Год назад

    Great tips and reminders.

  • @dianaabiemo5177
    @dianaabiemo5177 Год назад +1

    Great content, thank you

  • @ojihasyourback8885
    @ojihasyourback8885 2 года назад +2

    Thanks for this video

  • @okoyesamson9465
    @okoyesamson9465 Год назад +2

    This book changed my mindset forever.
    What an awesome summary.

  • @MrEOM41
    @MrEOM41 2 года назад +1

    Great summary I will follow these principles

  • @adamlancaster183
    @adamlancaster183 Год назад +1

    Keep these simplifications coming, I have been looking for a channel like this for ages

    • @booksimplified
      @booksimplified  Год назад

      More will come. I hope you stick around. Thank you.

  • @janlabuschagne6337
    @janlabuschagne6337 Год назад +8

    If only I read 📚 this earlier my life could be mutch better Thank you 😊 🙏 ❤️

  • @solomontetteh1780
    @solomontetteh1780 Год назад +5

    Am blessed to have found this video at this point in time i believe its the catalyst to my wealth creation. Thank you for this great summary am soo blessed, i cant wait to watch your other videos 🙏

    • @booksimplified
      @booksimplified  Год назад

      Thank you. Don't forget to apply these lessons immediately.

  • @nathanfrisson
    @nathanfrisson 4 месяца назад

    This is a much better video than others I’ve seen here on YT because it discusses THE BOOK. Other videos have the creator’s own feelings mixed into the presentation and they say, “but you don’t have to do it like this…” Thank you for disseminating THE BOOK without biasing it with your own personal feelings.

  • @BabyDaddy97
    @BabyDaddy97 Год назад +1

    thanks for sharing, this is a great reminder, the action I will be taking is from your bonus tips number one, quote " If you want to become rich, action is your best friend. All these wisdom passed on remains dead if not put into action. Once again thanks for such a beautiful video. Cheers!

  • @arnesbeganovic
    @arnesbeganovic 2 года назад +41

    The hardest part comes with lesson nr 3. First two lessons are based on me, and if I can control myself it is possible to master them. Let's say we have some money saved. Now what??? Now you have to invest it somewhere and this is where wise advice can come handy. If there is someone who is already in some business and can tell you if it goes good or bad there. I learned that in order to accomplish lesson 3 you need to learn some skill and be good at it. Does not matter what. Learn at least one area and then look for investments in that area. Otherwise, you are raising a risk on your investments. Everybody can buy stocks today without knowing if that is good or bad. I personally learned wood working and I understand the process and can look for companies which business is in raw materials. I think this is the missing part in the book. Parallel with all savings in lesson 1 and 2, you NEED to learn some skills from real world, which can help you invest smarter in lesson 3. Otherwise, there are many scammers that will take you hard saved money. Been there, done that. Now it's much better.

    • @booksimplified
      @booksimplified  2 года назад +6

      I couldn't agree more. Investing your hard earned money is the hardest part but it is the most important part of getting rich. Take your time to learn, start small and start now.

    • @aslydesleek7740
      @aslydesleek7740 2 года назад +4

      Yeah this is where the real test lies.

    • @hassantaiwo7641
      @hassantaiwo7641 Год назад

      Thank you

    • @ronaldvaughn7087
      @ronaldvaughn7087 Год назад

      There's Nothing Missing In This Greatest Wealth Principles Book The Only Missing Parts Are In One Negative Mindset & Abilities To Implement The Principles

    • @svetlanagutic3449
      @svetlanagutic3449 Год назад +1

      Curently at this stage. No3 waiting

  • @WhiteHouseOrgy
    @WhiteHouseOrgy Год назад

    Thank You for this

  • @RJS614
    @RJS614 Год назад

    Thanks for this info.

  • @youngdonormamafoundation2180
    @youngdonormamafoundation2180 Год назад

    Thank you for sharing

  • @healthplusdelux9916
    @healthplusdelux9916 Год назад

    awesome video thanks!!

  • @namagandaaidah3594
    @namagandaaidah3594 Год назад

    Thnx for the info

  • @khengseangheng3917
    @khengseangheng3917 2 года назад +1

    Good you are.thank u

  • @nurajalayande858
    @nurajalayande858 Год назад +5

    I like this video and want to tell you to keep it up. I love the way you’ve analyzed this book. I’ve watched this video over 10 times. God bless you. Please endeavor to upload more like this. Thumbs up 👍

    • @booksimplified
      @booksimplified  Год назад

      Thank you so much for your kind words. It means much to me. I hope you stick around for my future uploads.

  • @Avarce13
    @Avarce13 Год назад

    Thanks!

  • @ashanamulawa2001
    @ashanamulawa2001 Год назад

    Thanks for the wisdom

  • @jarodz2846
    @jarodz2846 10 месяцев назад +1

    Great summary on this book! I really enjoyed the perspective of it.. brought sense in a different light but still kept it very relevant.

    • @booksimplified
      @booksimplified  10 месяцев назад

      Thank you. I'm glad you liked it.

  • @emeeffiong4218
    @emeeffiong4218 Год назад

    Thank you so much much ❤️

  • @1joelsmus
    @1joelsmus Год назад

    Great informative video thanks

  • @okidijamesoyutu4610
    @okidijamesoyutu4610 Год назад +1

    Thanks so much for your advice am really I appreciate it

  • @emmanuelrono2978
    @emmanuelrono2978 Месяц назад

    great message sir😊😊😊

  • @alfredngosa3207
    @alfredngosa3207 Год назад

    Thanks for this video u have made me realize that I have to work very hard to achieve my goals

  • @Angell_Lee
    @Angell_Lee Год назад

    Thank you!

  • @pepperscore828
    @pepperscore828 Год назад

    Good word's , open up to learning ,acting on each wisdom now as I teach them to my daughter really sinks in,grateful to u. Gratitude.... Thank u!

    • @booksimplified
      @booksimplified  Год назад

      I'm glad that you're practicing these lessons and teaching it your children as well. Good luck on your journey!

  • @kimberly4717
    @kimberly4717 Год назад

    This video is 100% Spot On!

  • @ericmwenda5538
    @ericmwenda5538 Год назад

    This is very helpful and with execution success is guaranteed ,Thank you.

    • @booksimplified
      @booksimplified  Год назад

      Taking action is the key. Thank you for watching!

  • @robmadera9757
    @robmadera9757 2 года назад +3

    Thank you for the message God bless you and your family 💖💙🕊️🙏

    • @booksimplified
      @booksimplified  2 года назад +1

      I'm glad you liked it. God bless you and your family too!

  • @samanthajoybautista7127
    @samanthajoybautista7127 3 года назад +5

    Great job! Looking forward to your future videos! Keep it up 👍👍👍

  • @udohpele1696
    @udohpele1696 Год назад

    I revisited my budget after watching this video. Thanks for this piece.

  • @favourajuobi27
    @favourajuobi27 Год назад

    I'm so grateful for this content. Thank you so much.

    • @booksimplified
      @booksimplified  Год назад +1

      I'm glad you liked it.

    • @favourajuobi27
      @favourajuobi27 Год назад +1

      @@booksimplified It was really educating. More grace to your elbow. Please continue the good work. I love you.

  • @mariocartoonart
    @mariocartoonart 2 года назад +2

    I just took notes from almost everything, i'm starting a plan that makes sense for me and this was very helpfull

  • @freddierosauro7138
    @freddierosauro7138 Год назад

    Thank so much for that another knowledge u shared God Bless

  • @SamsonKwesiArizi
    @SamsonKwesiArizi Год назад

    Good summary

  • @SundayChallenge1
    @SundayChallenge1 Год назад

    Very interesting video.thank you to make me excited.keep teaching we shall keep leaning

  • @michaelmwape3475
    @michaelmwape3475 Год назад +1

    Very educative and enlighten ,if put into action it's massive.i will apply.

    • @booksimplified
      @booksimplified  Год назад

      It will be hard at first. But it's totally worth it. Best of luck!

  • @richardsonrichard8394
    @richardsonrichard8394 Год назад

    Thank you, thank you, and thank you for that video I learned a lot

    • @booksimplified
      @booksimplified  Год назад

      I hope you make use of the knowledge you learned from here. Goodluck in your journey!

  • @amnjuniversal7561
    @amnjuniversal7561 Год назад

    Wonderful

  • @abrahamturay7300
    @abrahamturay7300 Год назад

    Am blessed thanks

  • @jacobramseymontgomery5918
    @jacobramseymontgomery5918 Год назад +1

    Thank you so much for this eye opening lesson.
    I am very grateful and I will like to be one of your students here.

    • @booksimplified
      @booksimplified  Год назад

      Don't forget to apply what you learned from here. Thank you, Jacob.

  • @ncebacoki3104
    @ncebacoki3104 Год назад

    Hey, Man
    Since I WANT and WILL become RICH, your BONUS Tips did it for me. Thank you Sir.😊🙏

  • @rubynewby3519
    @rubynewby3519 Год назад

    Very interesting and informative 👍Thanks 😊

  • @chepindichepindi3328
    @chepindichepindi3328 Год назад

    Thankd

  • @opheliamyall2554
    @opheliamyall2554 Год назад

    Very useful video. Thanks for sharing.

  • @khengseangheng3917
    @khengseangheng3917 2 года назад +1

    Thanks

  • @flipshotimage
    @flipshotimage Год назад

    You have impart greatly to me

  • @mulugatayigzaw5209
    @mulugatayigzaw5209 Год назад

    Thank you so much and i learn alot but the bonus one i like it especially the 5th one.

  • @blessingmusora5742
    @blessingmusora5742 Год назад +1

    thank you for life lessons from the book simplified, the action l am going to take is to start my real estate business...l have been procrastinating.

    • @booksimplified
      @booksimplified  Год назад

      We've all been there. Enjoy your journey and best of luck! 🍻

  • @jayashan5559
    @jayashan5559 Год назад

    A review but full of ideas.Tqvm.

  • @solomailata9665
    @solomailata9665 Год назад +1

    Great financial lessons

  • @gurcharanpannuverygoodsir9540
    @gurcharanpannuverygoodsir9540 2 года назад +5

    How do you draw so fast and so good🤔 it’s such a good skill😀 i love it 😀

  • @davidseawell7106
    @davidseawell7106 Год назад

    brilliant

  • @dhavalshah9449
    @dhavalshah9449 2 года назад +6

    10% to save .. is just too less!

  • @maryjanemendoza6301
    @maryjanemendoza6301 3 года назад +3

    ..Great video!.. 😇

  • @mariocartoonart
    @mariocartoonart 2 года назад

    thanks

  • @daisyeve5223
    @daisyeve5223 2 года назад +2

    Decided to take your potion of the good things life has to offer!!!

  • @MennoTabbernal
    @MennoTabbernal Год назад

    Great video😊

  • @AuntMarysNiece
    @AuntMarysNiece Год назад

    This is one of my favorite books

  • @petronolpi3706
    @petronolpi3706 Год назад

    I will start practice

  • @tobpharx
    @tobpharx Год назад +1

    My best book so far. Your review is topnotch. Thank you

    • @booksimplified
      @booksimplified  Год назад

      Thank you! I hope more people read the book itself because there are so many small things you can learn from reading the books I reviewed here.

    • @tobpharx
      @tobpharx Год назад

      @@booksimplified I bought over 30pieces of that book. And made people around me read it. They never return the book. It was the book I read and plunged me into doing business.

    • @tobpharx
      @tobpharx Год назад

      @@booksimplified I checked your videos. Saw just 3 of youtube. Have you done more book review and where do I get them.

    • @PS-zf5cy
      @PS-zf5cy Год назад

      I wish I read this book b4 quitting my job in January. The book is so action driven that I wish I have a job to help me action the advice. I need a source of income badly, So help me God 🙏

  • @danielbfofanah8069
    @danielbfofanah8069 Год назад

    nice video I want to learn more

    • @booksimplified
      @booksimplified  Год назад

      More videos to come. I hope you stick around!

  • @godwinortese1055
    @godwinortese1055 9 месяцев назад

    Lovely book

  • @ScottThomsonAus
    @ScottThomsonAus 11 месяцев назад

    I love your videos and book summaries. Please keep going. Have you read Psycho Cybernetics - the number one book on Mindset of all time?

    • @booksimplified
      @booksimplified  11 месяцев назад

      I will read it and see if I can make a summary of it. Thank you for your suggestion and kind words MrHenryhippo.

  • @richardjohn7646
    @richardjohn7646 Год назад

    Best book for young child and adult
    I watch this video more than 5 times 👏 nice one

  • @jpdude7274
    @jpdude7274 Год назад

    Great video off to the book for me audio book that is 🕺🏻

  • @nursekayulachansonso9838
    @nursekayulachansonso9838 2 года назад +1

    Interesting video it has made me realise a lot of mistakes I have been doing and that made me not to succeed or rich were I want to be. But am glad from today I will never be the same

    • @booksimplified
      @booksimplified  2 года назад

      Realizing our mistakes is a good start for changing our lives. Good luck!

  • @neytholchim
    @neytholchim Год назад

    good

  • @NutriTalkInspiration
    @NutriTalkInspiration Год назад +13

    One of the most underused saving hacks is FREE resources. Most people don't use them until they get In a slump but they could B protected from the slump by having this Free resource in their pocket.

    • @booksimplified
      @booksimplified  Год назад

      You're right! Free resources are one of the best way to save money. Some money can be saved by a simple google search. I don't think it is underused though.

    • @JoaoSilva22222
      @JoaoSilva22222 Год назад

      Like what?

  • @janfastert7489
    @janfastert7489 Год назад +2

    Thank you for this great advice. I appreciate this information. I am at retirement age and I have done a good job or saving money but I could have done better. I am going to use this information to help me continue to grow what I have so I can live a good life in retirement. Once again thank you for taking the time to make this information available to me

    • @booksimplified
      @booksimplified  Год назад

      Thank you so much. I'm glad you liked it. Good luck!

  • @andreambuguah
    @andreambuguah 2 года назад +2

    It would be great if you could summarize money master the game by tony robbins

  • @thomasthorne4010
    @thomasthorne4010 2 года назад +3

    The TWO most important things to think about:
    Needs and Wants

  • @jimboyd2147
    @jimboyd2147 Год назад

    Learn all I can about the craft.

  • @Okwirisam254
    @Okwirisam254 Год назад +1

    We need more Books, please 🙏

    • @booksimplified
      @booksimplified  Год назад

      There will be more to come. Soon I will release another video.

  • @abigailmena4064
    @abigailmena4064 Год назад

    I will start saving 10% of my earning and then invest it after some months ...... Thank u very much

  • @princelucky9944
    @princelucky9944 Год назад

    Wow this is a very good advice J have learn from it and I would love to know more on how to save money and become rich in the future for I am just 24 years old

  • @sandraayatah3906
    @sandraayatah3906 Год назад

    This amazing. Thank you! I have already Started some savings and from now I would more intentional about it. And mover towards investing the money to work for me.

    • @booksimplified
      @booksimplified  Год назад

      Good luck on your journey to wealth. Let us know the result after few months. Keep learning! 🍻