How to Get Rich: One of the World's Greatest Entrepreneurs Shares His Secrets

by Felix Dennis

There’s nothing intrinsically wrong with orgies, parties, narcotics and booze—but they will kill you in the end. If I had spent the thousands of nights writing poetry that I spent playing the fool to keep boredom at bay, I would be a happier, healthier man today. And a better poet to boot!

There is no substitute for a first-class lawyer, tax advisor, accountant, auditor, estate manager and business advisor.

install good accounting systems the second you can afford it.

Ensure they are employed under a very different contract than employees of your company. They must work for you, not your company.

Never stop looking for talent and promoting talent. This single suggestion will keep anyone rich. Talent is all most companies consist of.

Buyers require what is called “blue sky” (further growth) to get excited and offer a great price.

The Eight Secrets to Getting Rich 1. Analyze your need. Desire is insufficient. Compulsion is mandatory. 2. Cut loose from negative influences. Never give in. Stay the course. 3. Ignore “great ideas.” Concentrate on great execution. 4. Focus. Keep your eye on the ball marked “The Money is Here.” 5. Hire talent smarter than you. Delegate. Share the annual pie. 6. Ownership is the real “secret.” Hold on to every percentage point you can. 7. Sell before you need to, or when bored. Empty your mind when negotiating. 8. Fear nothing and no one. Get rich. Remember to give it all away.