Felix starts off by giving a definition of what rich is, and explains the ups and downs of having all the money we non-rich think we could ever want. He dissects the odds of any one person actually becoming rich, and although meant to be encouraging, I found it to be quite the opposite. Winning the lottery is more likely, and requires far less effort. However, I did like how he bared his soul about the negative consequences having so much money had on his life, and how he would do things differently if he could.
how to get rich felix dennis
When Mr. Dennis begins discussing how to actually become rich, the first issue he tackles is fear, and how it stops so many people in their tracks. He boldly argues that if you cannot get over your fear of failure and develop a tough skin, you will never become wealthy. He challenges us to seize opportunity as it comes along, even when we are scared to death or feel inadequate. Make no mistake about it, opportunities pass us by almost daily, but most people are either oblivious to these opportunities, or are stopped cold by fear. Being able to recognize opportunity and overcome fear is the big secret of success that most people are searching for.
Felix Dennis is an expert at proving people wrong. Starting as a college dropout with no family money, he created a publishing empire, founded Maxim magazine, made himself one of the richest people in the UK, and had a blast in the process. How to Get Rich is different from any other book on the subject because Dennis isn't selling snake oil, investment tips, or motivational claptrap. He merely wants to help people embrace entrepreneurship, and to share lessons he learned the hard way. He reveals, for example, why a regular paycheck is like crack cocaine; why great ideas are vastly overrated; and why "ownership isn't the important thing, it's the only thing."Available for purchase at:AmazonBarnes & NobleBooks A MillionBookshop.orgHudson BooksellersIndieBoundPowell'sTargetWalmartApple BooksGoogle Play StoreKobo
'Making money is a knack, a knack that can be acquired. And if someone like me can become rich, then so can you - no matter what your present circumstances. Here is how I did it and what I learned along the way.' So writes Felix Dennis, who believes that almost anyone of reasonable intelligence can become rich, given sufficient motivation and application. How To Get Rich is a distillation of his business wisdom. Primarily concerned with the step-by-step creation of wealth, it ruthlessly dissects the business failures and financial triumphs of 'a South London lad who became rich virtually by accident'. Part manual, part memoir, part primer, this book is a template for those who are willing to stare down failure and transform their lives.Canny, infuriating, cynical and generous by turns, How To Get Rich is an invaluable guide to 'the surprisingly simple art of collecting money which already has your name on it'.
There is a fallacy rooted in the minds of many who wish to become rich -- the fallacy of the great idea. Having a great idea is not enough. It is the manner in which ideas are executed that counts. Implementation will always trump ideas, however good those ideas are.
Chapter 8 is one of the most valuable chapters in the book and really makes you question whether you have a mere desire to be rich (that is shared by just about everyone) or whether you have an absolute compulsion to be rich and are prepared to make the necessary sacrifices.
Desiring something is futile without the inner compulsion to achieve it. If you have the desire but not the compulsion you will have the worst of all words i.e. you will have paid the price but not have gotten the rewards. The saying that it is better to have tried and lost, than to not have tried at all does NOT apply to attempting to get rich.
Soberingly, Dennis lays out that time is finite so be very, very careful before you decide to spend your time trying to get rich; you will not be able to get the time back whether you succeed or whether you fail.
Brought to you by Penguin.'Making money is a knack, a knack that can be acquired. And if someone like me can become rich, then so can you - no matter what your present circumstances. Here is how I did it and what I learned along the way.' So writes Felix Dennis, who believes that almost anyone of reasonable intelligence can become rich, given sufficient motivation and application. How To Get Rich is a distillation of his business wisdom. Primarily concerned with the step-by-step creation of wealth, it ruthlessly dissects the business failures and financial triumphs of 'a South London lad who became rich virtually by accident'. Part manual, part memoir, part primer, this book is a template for those who are willing to stare down failure and transform their lives.Canny, infuriating, cynical and generous by turns, How To Get Rich is an invaluable guide to 'the surprisingly simple art of collecting money which already has your name on it'. Felix Dennis 2006 (P) Penguin Audio 2020
For the Slightly Better Off and On The Way Up, now is the time to consider whether or not you intend to continue making me (and people like me) even richer, or whether you wish to become rich yourself. You have little time left in which to make up your mind. Your youth and stamina is ebbing away. You are getting too comfortable. It is not a courselor everyone. But I think you can guess what my advice to you would be. What the hell. Go for it!
If you will only believe that you can do it and give it your best shot, then whether or not you succeed, you will perhaps dislodge a pebble that will ricochet down the very small mountain of your life, creating an avalanche that other fools will stand in awe of. You will not find me among them clapping, but you will certainly find enough applause to repay you for the effort. You may even grow to enjoy the process. If you want to be rich you must work for it. But you must believe in it, too. You must believe in yourself, if only to armour yourself against the laughter of the gods in your quest. Your mad quest to be rich.
To become rich you must be an owner. And you must try to own it all. You must strive with every fibre of your being, while recognising the idiocy of your behaviour, to own and retain control of as near to 100 per cent of any company as you can.
To become rich, every single percentage point of anything you own is crucial. It is worth fighting for, tooth and claw. It is worth suing for. It is worth shouting and banging on the table for. It is worth begging for and grovelling for. It is worth lying and cheating for. In extremis, it is even worth negotiating for. Never, never, never, never hand over a single share of anything you have acquired or created if you can help it. Nothing. Not one share. To no one. No matter what the reason - unless you genuinely have to.
Not everyone works to get rich. In fact, most people do not. But almost everyone wishes to be respected. With promotion comes respect. And with delegation comes promotion. If your company is young and a bit rickety, meritocracy, delegation and promotion are the bricks and mortar that will make it stronger. Do not seek a replica of yourself to delegate to, or to promote. Watch out for this, it is a common error with people setting out to build a company. You have strengths and you have weaknesses in your own character. It makes no sense to increase those strengths your organisation already possesses and not address the weaknesses.
Ownership Shall Re Half of the Law; Doing an Outstanding Job Shall Be The Other Half. There is no point in owning 100 per cent of a rubbish company. Whatever it is you intend to do to get rich, get good at it. Hire people who are better than you at it. Listen and learn and get better still at it. Even if you produce garbage for morons to watch on television, make it the most entertaining garbage out there. Even if you are nothing but a scumsucking, ambulance-chasing tort lawyer - the lowest form of pond-life that walks on its hind legs - be the best scum-sucking ambulance-chaser in town.
Bill Gates has been one of the richest men in the world for several years. Elon Musk has founded several large companies including PayPal which was sold for $1.5 billion. Warren Buffett is the most successful investor of the 20th century. What do these and many other successful entrepreneurs have in common? Well, here is a clue.
For decades we've been told that positive thinking is the key to a happy, rich life. "F*ck positivity," Mark Manson says. "Let's be honest, shit is f*cked, and we have to live with it." In his wildly popular Internet blog, Manson doesn't sugarcoat or equivocate. He tells it like it is - a dose of raw, refreshing, honest truth that is sorely lacking today. The Subtle Art of Not Giving a F*ck is his antidote to the coddling, let's-all-feel-good mind-set that has infected modern society and spoiled a generation, rewarding them with gold medals just for showing up.
Felix Dennis is an expert at proving people wrong. Starting as a college dropout with no family money, he created a publishing empire, founded Maxim magazine, made himself one of the richest people in the UK, and had a blast in the process.
The author explains on the front pages of the book that his work is likely to increase the chances of every person who wants to get rich as long as he is fully determined and motivated to achieve that goal.
Felix Dennis firmly fights what he considers to be the "big idea fallacy". In his experience, most of the time, people who are obsessed with finding a brilliant idea - and who often do - end up not being the ones who get rich out of that innovation.
In the final part of the book, Felix Dennis addresses the precautions taken to stay rich after financial success has been achieved. In general, the author believes that the best way to stay rich is through balance. 2ff7e9595c
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