The Ten Commandments for Getting Rich from multi-centi-millionaire Felix Dennis
I’ve written about Felix Dennis a couple times before. He got rich from publishing, wrote a couple books of poetry, and then wrote a guide to getting rich based on his experiences. I found some more information on the book from the British publisher of the title.
Here is a summary of Dennis’ ten commandments for getting rich:
1. Buy the book.
2. Have a compulsion to get rich and be willing to occasionally fail spectacularly.
3. Don’t pay attention to negativity.
4. Execution is more important than ideas.
5. Go where the money is - into the hot industries.
6. Hire people who are smarter than you, delegate to them, and share the rewards with them.
7. Avoid giving up ownership.
8. Sell before you have to or when you get tired of the business.
9. In negotiations, exhaustively investigate the other party.
10. Have no fear and give away everything you make after you get rich.
Source:
http://www.randomhouse.co.uk/howtogetrich/