"Give a boy twenty thousand dollars and put him in business, and the chances are that he will lose every dollar of it before he is a year older. Like… - P. T. Barnum

"Give a boy twenty thousand dollars and put him in business, and the chances are that he will lose every dollar of it before he is a year older. Like buying a ticket in the lottery; and drawing a prize, it is "easy come, easy go." He does not know the value of it; nothing is worth anything, unless it costs effort. Without self-denial and economy; patience and perseverance, and commencing with capital which you have not earned, you are not sure to succeed in accumulating."

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About P. T. Barnum

Phineas Taylor Barnum (5 July 1810 – 7 April 1891) was an American showman who is remembered for founding the circus that eventually became Ringling Bros. and Barnum & Bailey Circus. He is also known for his entertaining hoaxes.

Biography information from Wikiquote

Also Known As

Birth Name: Phineas Taylor Barnum.
Native Name: Phineas Barnum P.T. Barnum
Alternative Names: Phineas Taylor Barnum PT Barnum Barnum

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Additional quotes by P. T. Barnum

"Go on in confidence, study the rules, and above all things, study human nature; for
"the proper study of mankind is man," and you will find that while expanding the intellect
and the muscles, your enlarged experience will enable you every day to accumulate more
and more principal, which will increase itself by interest and otherwise, until you arrive
at a state of independence. You will find, as a general thing, that the poor boys get rich and the rich boys get poor."

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"No profession, trade, or calling, is overcrowded in the upper story. Wherever you find the most honest and intelligent merchant or banker, or the best lawyer, the best doctor, the best clergyman, the best shoemaker, carpenter, or anything else, that man is most sought for, and has always enough to do. As a nation, Americans are too superficial — they are striving to get rich quickly, and do not generally do their business as substantially and thoroughly as they should, but whoever excels all others in his own line, if his habits are good and his integrity undoubted, cannot fail to secure abundant patronage and the wealth that naturally follows. Let your motto then always be "Excelsior," for by living up to it there is no such word as fail"

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