Posted 20 hours ago

How to Get Rich

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The first is our natural desire to avoid letting ourselves or others down, perhaps with calamitous financial repercussions. 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. While lives may depend on it in a few professions, like soldering or firefighting, in commerce it acts as a subtle handicap and a brake to ambitious individuals. Felix has intentionally focused on the "getting rich" part in this book – I happen to think that such a starting point has very bad odds for success and that the starting point must be a subject/industry that you simply can't resist – but it’s all written in good humor, and to be fair, Felix stresses the importance of going towards what you are absolutely drawn to as a mandatory requirement. 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.

New or rapidly developing industries, whether glamorous or not, very often provide more opportunities to get rich than established sectors. Nobody had bothered to tell them that such and such a thing could not be done or would be likely to fail.

Not to mention that the relentless growth of the packaged-goods industry ensures that his business will grow and grow virtually by default - providing he can find enough places to dig holes, that is. While some planning and debate can help you reduce the risk of a business venture, this often leads people to avoid the most important step of making things happen and getting rich — taking action. When you have self-belief, you can achieve pretty much anything that does not defy the laws of physics.

You can amass enough money to be comfortable if you earn a salary working for others, but you will not get rich this way.Not so thick as to blind you to well-constructed criticism and advice, especially from those you trust. We will be touching on some of the circumstances described above shortly, but, in a nutshell, my experience has been that money is colour-blind, race-blind, sex-blind, degree-blind and couldn't care less who brought you up or in what circumstances. You can find it in established industries (if you put a new spin on something) or in new industries.

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