How to Get Rich

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His privately owned company, Dennis Publishing, pioneered computer and hobbyist magazine publishing in the United Kingdom. First let me declare an interest, I worked for the man, not in the early pioneering years but in the middle years, when he had already amassed considerable wealth. Just the same, it’s much easier to get rich in a growing industry flush with new cash than it is to get rich in a shrinking one on its way out. He also has a very realistic understanding of the role luck played in his fortunes (his first big financial success came from being in the process of co-writing a biography of Bruce Lee when the star suddenly died), as well as the steps he took to maximize those breaks.

An “Albert” is one who can never become rich simply because they lack the personality or drive to do so; they exist in a grey zone between desire and compulsion. But the book is full of that sort of sage observation and is truly brilliant in places: Page 23 is a great analysis of why people who have got loads of money are driven to make more and it is the first time I have ever seen it rationalised. As an owner, or an owner in training, you must always be alert for the telltale signs that here is a candidate for promotion and delegation. The observation, whether it was necessary for Epstein to do this, flies against other advice from the author to hire as many talented people as you can. If you truly believe that your race, sex or upbringing can keep you from becoming rich, then you had best give up here.It is for this reason that so many people have become rich despite never having had a single great idea in their lives. Surprisingly had I previously read this book I would most definitely dodged a couple of snakes or more. 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).

what does the future hold for a young man or woman determined to become far wealthier than their parents? 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.never indulge in fancy furniture, unless your particular business demands that you make such an impression on clients. But in a good year he puts 20-30 million pounds on the bottom line and earns a gross margin of over 20 percent. Rightly, he has very harsh words for the whiner who blames others - especially his family - for not being rich: it doesn't work like that.