One Thousand Ways to Make $1000 is the book that Warren Buffett's biographers credit with shaping
the legendary investor's business acumen and giving him his trademark appreciation of compound interest. After pulling a copy of One Thousand Ways off a library shelf at age eleven and devouring the practical business advice, Buffett declared that he would be a millionaire by the time he was 35. Written in the immediate, conversational style of Dale Carnegie's How to Win Friends and Influence People, this book is full of inventive ideas on how to make money through excellent salesmanship, hard work, and resourcefulness. While some of the ideas may seem quaint today-goat dairying, manufacturing motor-driven chairs, and renting out billiard tables to local
establishments are among the money-making ideas presented- the underlying fundamentals of business explained in these pages remain as solid as they were over seventy years ago. Covering a wide spectrum of
topics including investing, marketing, merchandising, sales, customer
relations, and raising money for charity, One Thousand Ways to Make
$1000 is both a durable, classic business book and a fascinating
portrait of determined entrepreneurship in Depression-era America. Every
effort has been made to reproduce the content exactly as it was
originally presented.
I like numbers, it started before I can remember, Buffett tells a group of Omaha Central High School students in the film. A voracious reader his entire life, at age seven he read a book he borrowed from the library, One Thousand Ways to Make $1000, and, inspired by its lessons, began selling Coca-Cola, gum and newspapers. His father, a salesman who survived the Depression, was elected to Congress when Buffett was 12, moving the family to Washington. Displaced and unhappy, Buffett lost interest in academics, attending the University of Nebraska at his father's insistence; he was turned down for admission by the Harvard Business School. This rejection was propitious: Buffett discovered that two of his financial idols, Ben Graham and David Dodd, taught at the Columbia Business School; he wrote them a letter and was accepted there. From Graham he learned what he calls the two rules of investing Rule #1: Never lose money. Rule #2: Never forget Rule #1.
The object of this work is to help people who are out of employment to secure a situation; to enable persons of small means to engage in business and become their own employers; to give men and women in various lines of enterprise ideas whereby they may succeed; and to suggest new roads to fortune by the employment of capital. The author has been moved to the undertaking by the reflection
that there exists nowhere a book of similar character. There have indeed been published a multitude of books which profess to tell men how to succeed, but they all consist of merely professional counsel expressed in general terms. We are told that the secrets of success are industry and accuracy, the grasping of every opportunity, being wide awake, getting up early and sitting up late, and other
cheap sayings quite as well known to the taker as to the giver. Even men who have made their mark, when they come to treat of their career in writing, seem unable to give any concrete suggestions which will prove helpful to other struggling thousands, but simply tell us they won by hard work, or by close attention to business.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.