The Narrow Road: A Brief Guide to the Getting of Money
Format: PDF / Kindle (mobi) / ePub
One of the world's most successful media moguls shares eighty-eight tips for starting a business and getting rich.
In How to Get Rich, British mogul Felix Dennis told the engaging story of how he started a media empire and became one of the wealthiest men in Britain-all without a college degree or any formal training.
Now he shows readers exactly what it takes to start a business and make it successful. Dennis offers a pithy guide for those determined to attempt what he calls the getting of money-regardless of the consequences. His eighty-eight tips include:
? Do not fall in love with any project. You may believe in it wholeheartedly, but must remain prepared to abandon it should it show signs of failing.
? If you are unwilling to fail, sometimes publicly and even catastrophically, you will never be rich.
? You will never get rich working for your boss.
No one knows better than Dennis what it takes to get rich, and his battle-tested advice-delivered with his signature wit-will surely appeal to serious entrepreneurs.
to try to separate loans into short-and medium-term pots, each with a different repayment arrangement. Timely repayments impress bankers, as do regular summaries sent to them demonstrating your company’s trading position. Banks are easier to deal with when you have a history of previous loan repayments. Perhaps their only weakness is a horror of losing valuable custom to a rival bank. 30 On Raising Capital: VIII. Swimming with the Fishes Swimming with the fishes is the combination
have been rewritten and edited for the sake of brevity and clarity. Each principle I am familiar with on the subject is discussed in The Narrow Road, but it needs to be said that we are engaged in shadow work here, delving where others (perhaps wisely) fear to tread. As T. S. Eliot once put it: Between the idea And the reality Between the motion And the act Falls the shadow. 1 On Motive It is a commonplace that men and women are driven to act by inherited genes and upbringing,
asset. We may profess to detest arrogance, yet isn’t it true that we secretly admire it a little, too? Even though arrogance is a poor, shabby thing compared to rooted self-belief—an imitation of the real thing. Which is not to say that self-belief should be permitted to trample on doubt as arrogance is wont to do. Doubt is like pain: both are antennae—one attuned to fallibility, the other to malfunction. Far better to embrace our doubts; without them, there is only naked ego, the kind of
trusting your instincts unfairness of it all USP venture capital (dolphins) wealth: calculated by cash in hand or quickly realizable assets calculated by total assets (true net worth) who is likely to succeed working for others (wage slaves) cutting loose from raising capital by rules out becoming rich teamwork and youth, hiring and promoting About the Author Currently ranked 134th on the Sunday Times (U.K) Rich List and worth over £500 million, Felix
secret heart, however hard you work, you must not deceive yourself. Working for others is a reconnaissance expedition; a means, not an end; an apprenticeship, not a goal. And learning to dissemble convincingly is a useful (though not essential) skill on the narrow road. While working for others, promotion is welcome and brings with it the chance to learn more; but your primary purpose for being there is to suck out the marrow of what you need to know—to understand it and place it within a