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41 " By focusing hard on obtaining that human capital you will vastly increase your chances of becoming rich. Stupid "
― Felix Dennis , How to Get Rich
42 " Simple. There are many clever, cunning and adept people who are risk averse. You are not risk averse because you are dedicated to becoming rich. "
43 " Yet creating the right environment in which money can be made is essential. I repeat, you can’t do it on your own. It "
44 " Have a series of questions handy to shoot out when they grind to a halt. Then focus like mad on what your instinct and your intuition is telling you – as well as your ears. As "
45 " the Devil can quote scripture for his own purpose’. "
46 " What I do not believe in, are incentives handed over as a kind of sop (you will find these everywhere) or in an owner sharing the proceeds of an asset sale unless contractually bound to do so. Use "
47 " many managers attempt to reach their targets simply by cutting costs. This can be fatal. Any fool can cut costs anywhere at any time. "
48 " My advice on competition is always to ensure that you want to fight, and ought to fight on a larger competitor’s ground. "
49 " But don’t fight tigers, my friend. Not if you want to get rich. TWENTY-ONE "
50 " It is not that pearls fetch a high price because men have dived for them. On the contrary, men dive for them because they fetch a high price. "
51 " In all negotiations of difficulty, a man may not look to sow and reap at once; but must prepare business, and so ripen it by degrees. Thank "
52 " If you haven’t much skill, or much wit, or much talent, or much luck, and yet you insist on owning more than your fair share of any start-up or acquisition, then you can become rich. If you take what you’re given, you will probably not get rich. Years "
53 " But hey! If you want to be rich, sometimes you have to sup with the devil. And nobody cares, least of all ‘analysts’, how long or how short your spoon is. "
54 " at or near the earth’s surface relatively to other such matter; second, telling other people to do so. The first is unpleasant and ill paid; the second is pleasant and highly paid. "
55 " If you never have a single great idea in your life, but become skilled in executing the great ideas of others, you can succeed beyond your wildest dreams. Seek them out and make them work. They do not have to be your ideas. Execution is all in this regard. "
56 " this is the first lesson in the power of focus. Keep your eye on the ball if you wish to get rich. And do not forget which ball. It’s the one marked ‘The Money is Here.’ TIMING "
57 " Do not seek a replica of yourself to delegate to, or to promote. Watch out for this, it is a common error with people setting out to build a company. "
58 " When enough people share a short-lived delusion, vast sums of money can be acquired overnight. The ‘tulip mania’ in Holland in the mid-seventeenth century was such a time. Tulips had been imported into Holland for forty years before the madness hit. By 1635, a single tulip bulb was swapped for a collection of valuable articles, which included the following: four tons of wheat eight tons of rye a bed four oxen eight pigs a suit of clothes two caskets of wine four tonnes of beer two tons of butter one thousand pounds of cheese a silver drinking cup The current value of the above would be $50,000 or more. And this was for a single tulip bulb! Fortunes were made or lost, especially the latter, when the music stopped. Within a few years, a tulip bulb was worth less than a dollar in today’s money. Here is the wonder of collective short-term delusion writ large. "
59 " It is a mature business, and few fortunes are made in mature industries, unless you are lucky enough to create a monopoly in one. I was luckier than I knew. So "
60 " The history of all human ideas is a history of irresponsible dreams, of obstinacy, and of error. — SIR KARL POPPER, CONJECTURES AND REFUTATIONS The "