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How to Get Rich

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He outlines this abstraction throughout the progression of the text through contradicting ideas such as the need to “feel the fear” yet having the courage to pursue your dreams anyway. If anything, traditional intelligence and 'book-larning' are disadvantages because they distract and displace intuition. Felix points out that quite simply most "get rich quick" books are written by people who are not rich themselves! New or rapidly developing industries, whether glamorous or not, very often provide more opportunities to get rich than established sectors.

The 103 third parties who use cookies on this service do so for their purposes of displaying and measuring personalized ads, generating audience insights, and developing and improving products. How To Get Rich by Felix Dennis is about becoming rich but not about being a good person nor a great leader or manager. 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.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. No point in waiting until some day to enjoy life when I am super rich you Felix you have already pointed out how unlikely my chances are, So I might as well get and enjoy it anyway as a combatable poor ! Reading Dennis' stories about his journey - and being reminded that, no, it's not just you, that's just the way it is - was profoundly comforting.

Conventional wisdom will then be revised by those around you and the next generation will be taught that what you did can always or often be done - only to discover, when they attempt it themselves, that in reality you missed every landmine by pure, dumb luck. Another example is, treating the journey to higher finance as if it's a game and to have fun, while at the same time being obsessed with winning and constantly strategizing. After all, what are banks and venture capitalists but usurers who offer you an umbrella when the sun is shining and snatch it away the instant a few rain clouds appear? The two books, while both aimed at obtaining affluence differ in their methodology to achieving such lofty goals. The irony of Felix’s book, How To Get Rich, is that he spends the first half trying to convince you not to try.

And the less you care what the neighbors think, the more likely you are to take the plunge and exploit an opportunity. It will help you accelerate your learning, solve hard problems, and save time by giving you access to a growing digital collection of insights from timeless books. In fact, he gives his example how he got rich through magazines industry which he was/is in but did not give any tip to HOW TO GET RICH but he definitely gives tips on HOW TO REMAIN RICH. The folly, on the other hand, often takes the shape of a peculiar affliction, known colloquially as the “it wasn’t invented here” syndrome.

Those who are prepared to analyze the risk, to bear the humiliation and to act in deadly earnest—these are the “lucky” ones who will find themselves, when the music stops, holding a potful of money. This is a book about entrepreneurship, as told by someone who has been wildly successful in that arena.

By the time one is a senior manager or professional , probably with a decent house, a mortgage and children, it is the risk to the security and happiness of the latter (and maybe to a spouse), plus the usual lack of capital, which are most often cited as insuperable difficulties to taking the plunge. But if you want pleasure and experience, need excitement and to 'feel the fear' and you see anything and anyone as potential tools to the satisfaction of your desires, then entrepreneurship is for you. If you want to be rich, you are not looking for a "career," except as a launch pad or as a chance to infiltrate and understand a particular industry. When my husband and I started our shoe company, we were, like all other entrepreneurs, completely in denial about what we were in for (despite having both started businesses before).

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