How To Turn Your Ability Into Cash

In 1949, Earl Prevette–a master salesman and successful author–wrote a book called “How to Turn Your Ability Into Cash”. The book contains step-by-step instructions for turning your ideas into money.


This post is based on the steps which Prevette lays out in his book.


Prevette explains that intelligence is the ability to size yourself up, size up your environment, and organize your findings into a workable plan so that you may share in life’s abundance.  The process that you should follow is made up of five steps. The five steps are the following:

1.Take Stock of Yourself
2.Take Stock of Your Environment – Look for An Opportunity
3.Create a Plan to Take Advantage of the Opportunity You Identified
4.Develop a Process To Put the Plan Into Action
5.Produce An Act to Make the Plan a Reality

As Prevette would say: wealth is ideas on the job. Over the next couple of hours,we'll be looking at  each of the steps explained in detail:


Step One: Take Stock of Yourself


The first step is to take stock of yourself. That is, conduct an inventory of your qualities, skills, and abilities. Ask yourself the following questions:

◾What do you find meaningful?
◾What do you love to do?
◾When was the last time that you were so engrossed in an activity that you felt like time had stopped?
◾What are your skills and talents?
◾What do you know how to do?
◾What experience do you have?
◾What have you invested your time and energy into learning how to do?
◾What problems do you know how to solve?


As Prevette explains in his book, the most interesting thing in the world is you. The problem is that you have not taken the time to take stock of yourself, to analyze your capacities, to realize fully your strength and power, and really to discover what a wonderful creature you are. You have not made the effort to uncover the latent forces and abilities you possess.


Here’s a quote from “How to Turn Your Ability Into Cash”:
“Turn within, and there you will find your Godhead. The moment you find it you will come to a conscious realization of this great creative force with-in you. That great force, that untapped power, that dynamic something, that unconquerable soul within you is yearning for expression. It is asking for recognition. It is begging for an opportunity to lift you up and aid you to greater achievements. This great creative force within you is an imprisoned giant which when unleashed can carry you on to a success undreamed of.”