There are tens of millions of books on cash.
Most of them suck.
They’re written by amateurs or, worse, researchers. Felix Dennis wrote a guide known as “How To Get Wealthy.” It’s a horrible title and sounds prefer it’ll be filled with get-rich-quick schemes.
The alternative is true.
It’s a improbable guide. Why? Felix is a practitioner. He constructed many profitable companies such because the journal Maxim. He made lots of of tens of millions of {dollars}. However not every little thing he did in life was noble.
He says he obtained hooked on narcotics, professional$titutes, and the drug of creating wealth. Whereas he wouldn’t suggest any of these issues, he fell for them — as do many wealthy folks.
Felix’s formulation to get wealthy is fascinating. Listed here are the foundational components.
Felix met many wannabe entrepreneurs in his life.
Quite a lot of them wished him to signal non-disclosure agreements. LOL. They wished to “defend” their concepts. There concepts have been every little thing.
He thinks folks like which might be silly.
The execution is what really issues. A median concept with good execution will at all times beat an awesome concept with mediocre execution.
Go on the market and do stuff. Experiment. Take motion.
Motion creates proof. Proof attracts sensible folks. And sensible folks will work with you to construct nice issues that make you wealthy.
At first of the guide Felix says he doesn’t know his magical internet value.
It appears odd. However he says realizing how a lot cash you have got is a poor individual’s sport. Once you’re rich your purpose is to not take into consideration cash. It’s to pay the invoice and never care about the price.
Wealthy folks don’t have all their money sitting in a checking account. No. It’s invested in belongings, and people belongings fluctuate in worth…