How to get rich
(2008-12-11 08:17:42)
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I stopped by Barns & Noble today after I met my client. One of my favor things to do is to stop by the book store and found what kind of new investments or biography books to read. And I found this great book HOW TO GET RICH By Felix Dennis.
*If it flies, floats or fornicates, always rent it - it's cheaper on the long run
*The follow-through...is a thousand times more important than a 'great idea'...if execution is perfect, it sometimes barely matters what the idea is
*Many paths can lead to riches, few in sunlight, most in ditches
*Paul Getty: If you can actually count your money, you are not really a rich man
*Money, it turned out, was exactly like sex. You thought of nothing else if you didn't have it, and thought of other things if you did
*Nearly all the great furtunes acquired by entrepreneurs arose because they had nothing to lose
*Conventional wisdom is often right. But when it is wrong, it can offer quite extraordinary opportunities
*Making money is a drug. Not the money itself. The making of the money
*Prompt decisions and orders, right or wrong, are far healthier than endless demate and prevarication
*Team spirit is for losers, financially speaking
*You may not necessarily want to be in a glamorous sector of any market, and they are often very crowded
*How do you judge your own aptitude? Trial and error is the only way I ever heard of
*Your credit rating is extremely precious
*While it may not look like it to you, too much...capital seeking too few investment opportunities
*Obtaining capital...is the worst part of the whole business of getting rich...(but) there is no avoiding it
*By continually wishing and never delivering, you risk denting your confidence
*Once you lose control of a business, then no bank, white knight, investor or new owner is likely to permit you to gain control again
*Cash flow is the heart beat of your company
*Regular, even obsessive, monitoring is the key. I hated every minute of doing it in those eaerly days
Maybe is it the time I need to look this book to read During Christmas time