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  • Writer's picturePremanandhan Narayanan

The Practical Approach to Success: Lessons from the California Gold Rush

In 1884, a message spread across California that gold was found, attracting people from all over the world to try their luck. However, at that time, they didn't have the scientific knowledge to locate the density of gold in the right place. So it was a matter of luck to find gold, which made the whole process very uncertain.

In the midst of all this, one person took a different approach. He decided to sell shovels that were required to dig the ground to find gold. This man was practical and understood that only a few would find gold while others would only try, but everyone would need shovels to dig the ground.

With this in mind, he capitalized on the opportunity by selling shovels and other digging equipment to those who were searching for gold. His practical approach made him very successful, and he became a millionaire by selling shovels alone.

The lesson to be learned from this story is that when we have an opportunity in front of us, we should be practical and smart in our approach. Instead of blindly chasing after something that may or may not work out, we should take a step back, analyze the situation, and identify ways in which we can capitalize on it. In this way, we can increase our chances of success and achieve our goals in a more efficient manner.

This story also highlights the importance of thinking outside the box and finding creative solutions to problems. Instead of doing what everyone else is doing, we should try to find a unique approach that sets us apart and gives us an edge over others. This can help us stand out from the crowd and achieve success even in challenging circumstances.


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