Ideas don't make you rich, the correct execution of ideas does. Keep pay roll down to an absolute minimum. Overhead walks on two legs. Never buy a business meal if the other side offers to pay yourself just enough to eat. Issue in staff credit cards. Play one supplier against another ruthlessly. Only enter refactoring. Deal in absolute extremity, exit at vast reinforcin failure. Success has a thousand fathers, while failure is famously always an orphan. The five most common start up errors.
How to Get Rich | One of the World's Greatest Entrepreneurs | Felix Dennis | Summary Felix Dennis is an expert at proving people wrong. Starting as a college dropout with no family money, he created a publishing empire, founded Maxim magazine, made himself one of the richest people in the UK, and had a blast in the process. How to Get Rich is different from any other book on the subject because Dennis isn't selling snake oil, investment tips, or motivational claptrap. He merely wants to help people embrace entrepreneurship, and to share lessons he learned the hard way. He reveals, for example, why a regular paycheck is like crack cocaine; why great ideas are vastly overrated; and why "ownership isn't the important thing, it's the only thing."
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