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J**R
A Great Read - Full of honest advice on How to Get Rich
Witty, entertaining, fun and full of honest advice on how to get rich.If you are looking for the get rich fad of the month, look elsewhere. This is one of the more honest, truthful books about obtaining (and keeping) wealth you will find. The information is presented in a lively, entertaining manner.However you will quickly find that Felix offers no shortcuts. Nor does he lead you to believe that it is easy to get rich or that anyone can in fact get rich. Actually on more than one occasion, he advises that getting rich is not all that it is cracked up to be. And before you make all the sacrifices you should do some real soul searching about the cost and the benefits.So what is the secret to getting rich? While there are no secrets, there are plenty of things you must do if you really want to get rich. The first is you must be "utterly determined". Most people will not get rich because they are not fully committed to getting rich.Felix defines rich a little different than most "get rich gurus". His definition is someone with a net worth greater than one hundred fifty million.The book is brutally honest about the value of ideas. Ideas are not important. Execution is "one thousand times more important than a great idea. The day to day follow through, doing the work, sticking with an idea long enough to make it work, these are the traits which can make anyone rich. However most people will not stick with an idea, they will not put in the effort. We have become addicted to "instant results". Expecting instant results is folly.We have become a nation of information gatherers. Most people are highly knowledgeable. But as Dennis quotes Emerson, "No matter how much faculty of idle seeing a man has, the step from knowing to doing is rarely taken." And therein lies the problem. We know but do not do. Getting rich is all about doing.The premise of the book is very valid. "Times change but people basically do not change." Therefore business models must change with the times. The bright shinny objects that we spend our money on will change, but the reasons, the emotional needs for spending the money do not change. If you wish to get rich, you must understand this basic concept. You cannot chase last years money maker. You need to be looking forward.The major reason that people do not do better, do not in fact get rich is fear. Not just fear of failure, but fear of the "embarrassment of failure". If you want to get rich, you must stare down all your fears. You will not banish them, but you must conquer them or they will surely conquer you.The most important line in the entire book, in fact the essence of the book is this: "Getting rich comes from an attitude of mind. It isn't going to happen if things drift on pretty much the way they are right now." If you truly want to achieve extraordinary wealth, you must adopt an attitude of mind that makes getting that wealth the most important thing in your life.But instead of letting a desire for wealth rule our life, we let fear rule our life. As long as fear rules our lives, we will be timid, we will hold back.You will get to know a lot about the man by reading this book. He freely admits to making many mistakes. But he also learned from them.There is so much wisdom about life and business in the book. It would be great if all entrepreneurs could read the book and thereby gain the wisdom. But I am afraid that each of us still needs to learn the hard way. It is like Michel de Montaigne said, "We can be knowledgeable with other men's knowledge, but we cannot be wise with other men's wisdom." There is much wisdom in the book. Perhaps by reading it, you will gain a short cut to wisdom about what is important in life.
J**B
thought provoking, indeed
How to Get Rich on Amazon is far more than a guide to financial success; it’s a philosophy on wealth and its greater purpose. One of the most striking lessons I took from this book is the emphasis on spreading the good you’ve received. The author encourages readers to share their wealth with others—not just through random donations, but by creating meaningful change. This concept deeply resonated with me, particularly the idea of establishing your own foundation or NGO to ensure your resources are used effectively and transparently. This hands-on approach to giving feels empowering and practical.Another standout idea in the book is the visualization of wealth and seeing your name associated with the money you earn. It’s an intriguing and somewhat unconventional perspective that I found both motivating and thought-provoking.However, the book isn’t without its challenges. The author, having passed away several years ago, leaves behind a unique style that incorporates a lot of poetic expressions. As a non-native English speaker, I struggled to fully grasp some of these passages. If you’re not fluent, this might present a slight barrier to understanding certain parts of the text.
R**.
Informative for Younger Generations
As someone keen on enhancing my financial literacy and exploring avenues for wealth accumulation, I found this book to be incredibly informative and thought-provoking. The author presents a comprehensive guide to achieving financial success, covering topics ranging from investment strategies to entrepreneurship and personal finance management. The advice offered is practical and actionable, providing readers with tangible steps to take control of their financial future.However, one aspect of the book that caught me by surprise was its target audience. While the content itself is relevant and applicable to individuals of various ages and backgrounds, I was taken aback to discover that the book is primarily geared towards readers between the ages of 20 to 28. This information, unfortunately, is not revealed until delving into Chapter 2.While the age specificity may resonate with some readers within the target demographic, it may alienate others who fall outside of this age range. It would have been beneficial for the author to clarify the target audience from the outset, allowing readers to determine if the book aligns with their specific financial goals and life stage.Despite this drawback, the insights presented in "How to Get Rich" remain valuable and applicable to individuals seeking to improve their financial literacy and cultivate wealth-building habits. The author's expertise and practical advice make this book a worthwhile addition to any personal finance library.
B**N
Great Book
There are some good nuggets in this book. Moves at a good pace. Definitely recommended and well worth the read.
S**R
Very real!
Fascinating true stories. Practical, real world advice. This really is how business is done. I've read this book 3 times and highly recommend it for anyone considering entrepreneurship.
C**N
Excellent!!
A fun read traveling through the life of Felix Dennis and his path to riches. He lived a fascinating life and shares his story of entrepreneurial success while building massive wealth.
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