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Wealth Virtues Journal: November 2, 2009

Achieving Wealth Through the Practice of Silence

Filed under: Franklin's Virtues: A Way to Wealth — Tags: , , — James Ward @ 10:27 am
© 2009 Poor Richard Web Press, LLC

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The 13 Virtues of Benjamin Franklin are:

  1. TEMPERANCE: Eat not to dullness, drink not to Elevation
  2. SILENCE: Speak not but what may benefit others or yourself; avoid trifling conversation
  3. ORDER: Let all your things have their places; let each part of your business have it’s time
  4. RESOLUTION: Resolve to perform what you ought; perform without fail what you resolve
  5. FRUGALITY: Make no expense but to do good to others or yourself; i.e., waste nothing
  6. INDUSTRY: Lose no time; be always employ’d in something useful; cut off all unnecessary actions
  7. SINCERITY: Use no hurtful deceit; think innocently and justly; and, if you speak, speak accordingly
  8. JUSTICE: Wrong none by doing injuries, or omitting the benefits that are your duty
  9. MODERATION: Avoid extremes; forebear resenting injuries so much as you think they deserve
  10. CLEANLINESS: Tolerate no uncleanliness in body, clothes, or habitation
  11. TRANQUILITY: Be not disturbed at trifles, or at accidents common or unavoidable
  12. CHASTITY: Rarely use venery but for health or offspring, never to dullness, weakness, or the injury of your own or another’s peace or reputation
  13. HUMILITY: Imitate Jesus and Socrates

To look deeper on how these Virtues can help you to create wealth, we take a look at Silence.

How often have you seen others jabber on as you find out slowly over the one-way conversation that they appear to know nothing? Are you perhaps sometimes that person?

Franklin placed this virtue second after Temperance. In fact, the practice of Temperance made Silence all the more easier to achieve stating, “…my desire being to gain knowledge at the same time that I [improved] in virtue, and considering that in conversation it was [obtained] rather by the use of ears than of the tongue…”

Begin to Use Silence in Improving Wealth

  1. Seek out people you see as successful and don’t be afraid to ask them how they achieved their success. Use good listening techniques and as open ended questions to draw out the information you believe will be most helpful to you.
  2. Read as much as you can about money, finance, wealth, marketing, things you are passionate about, or any literature regardless of whether it is fiction or non fiction to allow you a broader understanding of the way others think, feel, write, and live.
  3. Ensure your conversations with others regarding wealth is beneficial and questions are well thought-out.
  4. Take a few minutes a day to just sit and think, and draw out ideas from your head onto paper. All great ideas start between your ears.

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