Acres of Diamonds For the New Economy

Acres of Diamonds originated as a speech which Russell H. Conwell delivered over 6,000 times around the world and is essential reading for the entrepreneur's toolkit or anyone struggling to escape the rat race. The central idea of the work is that one need not look elsewhere for opportunity, achievement, or fortune—the resources to achieve all good things are present in one’s own community.

This theme is developed by an introductory anecdote, told to Conwell by an Arab guide, about a man who wanted to find diamonds so badly that he sold his property and went off in futile search for them; the new owner of his home discovered that a rich diamond mine was located right there on the property. Conwell elaborates on the theme through examples of success, genius, service, and other virtues involving ordinary Americans contemporary to his audience and compelled them to "dig in your own back-yard" for the riches we all possess.