How To Get Rich

Why I Love This Book

An awesome, awesome read by a badass entrepreneur. Part "manual" and part "memoir," Felix Dennis — writing at age 60 — breaks down how he built a $500M media empire from scratch in a blunt, straightforward style.

This book is packed with memorable one-liners and quotes that have stuck with me ever since. I laughed out loud a bunch of times while reading, which is not something you would expect from a book you would find at the 'self-help' section!

Key Takeaways

• Ownership is Everything: The importance of maintaining ownership and control of your business - equity is the key to real wealth.
• Cost of Getting Rich: The brutal honesty about what you might have to sacrifice in terms of relationships, health, and peace of mind.
• Focus on Revenue: The emphasis on revenue generation over cost-cutting - you can't save your way to wealth.
• Timing Matters: The importance of recognizing and seizing opportunities when they appear, even if you don't feel ready.

Favorite Quotes

"If it flies, floats or fornicates, always rent it - it's cheaper in the long run."

"The best time to get rich is when everyone else is scared stiff. The worst time is when everyone else is making easy money."

Who Should Read This

This book is perfect for entrepreneurs who want an unvarnished look at what it really takes to build significant wealth. It's especially valuable for those who are just starting their wealth-building journey and need to understand the real trade-offs involved.

Final Thoughts

What makes this book unique is its honesty about both the allure and the cost of pursuing wealth. Dennis doesn't just tell you how to get rich - he makes you question whether you really want to pay the price. It's a sobering but essential read for anyone serious about building wealth.