Tag: Being Rich
Felix Dennis on the matter of getting rich
If you are young and reading this then I ask you to remember just this:you are richer than anyone older than you, and far richer than those who aremuch older. What you choose to do with the time that stretches out beforeyou is entirely a matter for you. But do not say you started the journey poor.If you are young, you are infinitely richer than I can ever be again. Money is never owned. It is only in your custody for a while. Time isalways running on, and the young have more of it in their pocket than therichest man … Continue reading Felix Dennis on the matter of getting rich
Getting rich isn’t so difficult. But if you want to stay rich, then pay your taxes and don’t milk the cow without reporting it. End of lecture.
Getting rich is just a game, remember that.
And everytime you play a game, you can win or lose, that’s how games work. -How to get rich, p.169 Continue reading Getting rich is just a game, remember that.
I’ve realized that I have too many pairs of jeans after wearing the same pair for four days.
Never personally underwrite business loans for your company unless you absolutely, positively, are forced to.
Even then, set limits in the agreement so that, as the loan figure is reducedo ver time, you are released from your undertakings commensurately. -How to get rich, p.139 Continue reading Never personally underwrite business loans for your company unless you absolutely, positively, are forced to.
Eggs being what they are and the world being what it is, they will sometimes break.
No matter how good your idea, how fierce your resolve and how lucky you are in the early days, you must prepare for the eventuality. It will come. It always comes. -How to get rich, p.123 Continue reading Eggs being what they are and the world being what it is, they will sometimes break.
This business of piling up wealth is an easy business.
Easy, that is, compared with giving birth, or raising children, or pressing on a parent’s doorbell at midnight to tell them their child has died in an accident. If people can do this, you can certainly become rich. But remember this rule once you are rich and powerful, many people have accomplished far greater and harder things than you. Stay humble, stay polite. -How to get rich, p.118 Continue reading This business of piling up wealth is an easy business.
Suspicion always haunts the guilty mind; The thief doth fear each bush an officer
Shakespeare, How to get rich, p.72 Continue reading Suspicion always haunts the guilty mind; The thief doth fear each bush an officer
How rich?
Wealth Measured by Cash-in-hand or Quickly Realizable Assets $100,000-$400,000 The comfortable poor $400,000-$1,000,000 The comfortable off $1,000,000-$2 million The comfortably wealthy $2 million-$10 million The lesser rich $10 million-$30 million The comfortably rich $30 million-$70 million The rich $70 million-$100 million The seriously rich $100 million-$200 million The truly rich Over $200 million The filthy rich and the super rich Wealth measured by Total Assets $2 million-$4 million The comfortable poor $4 million-$10 million The comfortable off $10 million-$30 million The comfortably wealthy $30 million-$80 million The lesser rich $80 million-$150 million The comfortably rich $150 million-$200 million The rich … Continue reading How rich?
Roadmap to Billions 