Posted 20 hours ago

How to Get Rich

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But, if you're interested in seeing how one insightful and introspective fellow made in into the big time, this is an excellent read. For the last 6 years, I've been sharing essays, book notes, and other musings on this site with the goal of helping us all have a more enjoyable and rewarding experience during our brief time on this spinning rock. What's difficult though, is answering the question "Is being rich, in monetary terms, what you really want?

Secondly, they fear that if you should succeed, you will expose their own timidity to the light of day. It can provide you with comfort and possessions, but it also often comes with the stress of protecting your wealth and the guilt of figuring out what to do with it. Dennis' book will, if read with attention, do a great deal to point out all those mistakes that a live wire will make (and will probably make anyway because entrepreneurs tend not to listen to their Dads) long before they have to be made. This is the kind of advice that most people will ignore, human beings having that tendency to think they will be the exception.More men and women have become rich by this single tactic than all “the best-laid plans of mice and men” guided by plodding strategy. In terms of actionable advice on wealth creation, these are right up there with Naval Ravikant’s must-read How To Get Rich tweetstorm, along with his accompanying podcast episodes. But thick enough to shrug off the inevitable sniggering and malicious mockery that will follow your inevitable failures, not to mention the poorly hidden envy that will accompany your eventual success. Self-made rich people are different but only because they are rich and have a peculiar personality type - not because they are cleverer or more intelligent than you or I.

Because Felix Dennis is going to stop him wasting a lot of time believing that some people are nicer and cleverer than they are or that reading those idiotic books about leadership from people who could not navigate their way to an ice cream parlour on a hot day is going to make an iota of difference to his wealth. If you are young and reading this then I ask you to remember just this: you are richer than anyone older than you, and far richer than those who are much older. Firstly, they fear that you are placing yourself in harm's way - and, to them, that cannot be a good thing. Fortunately for you, you do not have anything to lose and can afford to ignore the “jobsworths” and Jeremiahs who have lived upon the mountain for so long that they have come to worship it.To quit in the face of overwhelming evidence that you won’t succeed is a smart thing to do learn to do. For instance Dennis discusses how his fortune has affected his health, even stating that his cancer was a result of decades of constantly trying to further grow his fortune. Government funding of business education is useful in improving technical skills and management but the best thing it can do to increase innovation is to remove constraints and get out of the way - and I consider myself a hard line socialist! Whatever qualities the rich may have, they can be acquired by anyone with the tenacity to become rich.

What are riches anyway, compared to health or the peace of mind that even a modicum of contentment brings in its wake? Above all, he looks at himself and others without illusion yet with an odd sort of existentialist compassion that makes what he says in this book ring true and be useful.

But the earlier you start and the more risks you are prepared to run, tempered by listening hard and choosing the right mountain (we’ll come to that later), the more certain it is that, sooner or later, you will find yourself with a small success on your hands. One of the tests of a good biographer in my opinion is that when you finish the book you feel like you was one of your best friends, and this book did that for me. As far as serious advice goes about business and working life, there is some good common sense and reflection buried in these pages.

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