
How to Get Rich
Summary
This book goes into the reality of trying to get rich. Where a lot of business books paint getting rich as this magical journey that's easy, Felix shows the reality of the situation in a way that demands uncommon sacrifice, focus, and willingness to make difficult decisions that most people avoid. The book's candour about the loneliness and challenges of entrepreneurship gave me comfort that hard times were expected.
What I Learned
- Ownership is everything - equity in a growing enterprise is the true path to wealth
- Delegate tasks but never abdicate control of crucial decisions
- Getting rich requires sacrifices most people aren't willing to make
- Fear of failure holds most people back more than lack of ability
- Start now - there's never a perfect time