Found in 14 comments on Hacker News
neilwilson · 2024-06-20 · Original thread
Yet the wealthy have very large bank accounts and own an awful lot of financial assets.

Almost like you are completely wrong.

Not everybody is enamoured with shiny yellow metal.

The wealthy are not interested in hoarding stuff. The wealthy are interested in the flow of money that lets them do stuff - primarily by freeing up their time.

It's control of the annual pie that's the key, not a sitting on a pile of gold like Smaug.

[0]: https://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs/d...

antupis · 2022-08-08 · Original thread
Just do it rather than read books but if you want read something on the side I would suggest https://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs/d... . It is epitome of Don't judge a book by its cover. Title is stupid and cover is ugly but book is very good and probably best book about general entrepreneurship. Then if you wanna go to startup rabbit-hole I would read next https://www.amazon.com/Zero-One-Notes-Startups-Future/dp/080... .
graeme · 2014-07-05 · Original thread
I feel very sad reading this. I first found Felix in "How to get rich". It was even better than I expected it would be. Few books have felt so honest. He wrote that he had nothing to gain from the book, as he was already rich. I think this was true.

I'm taking a different route to entrepreneurship and riches than he did (lower goal, far less struggle) but much of what he wrote rang true for my situation, too.

Throughout "how to get rich" he mentioned his poetry, which is what he devoted his life too after he gave up booze, drugs and mistresses. I've never got into poetry, but wanted to. So I picked up a book.

It was good. I picked up another book, and enjoyed that too. And what's more, now I get more enjoyment out of other poems. I'm still learning, but he's changed how I appreciate a major branch of literature.

And now he's dead. I can never thank him for any of that. I had intended to write him. Never put off till tomorrow what you can do today. That was a lesson hard learned for him, pervasive in his book and poetry. It's trite, but it's so very true. We all have so little time.

This poem fells apropos. I suspect that, though he died fairly young, he is glad to have avoided this fate:

http://www.felixdennis.com/poetry/dementia/

-------------------

How to get rich: http://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs/dp...

The first of his poetry books I read:

http://www.amazon.com/Tales-From-Woods-audio-CD/dp/009193767...

JSeymourATL · 2014-06-24 · Original thread
insights on how to be least wrong>

Even amongst the most honest, hard-working, and brotherly partners-- ugly disputes can happen. Worth bearing in mind, for your agreement, a smart shareholder clause to resolve disputes called the "Mexican Shootout".

Full description, read Felix Dennis, The Joys and Perils of Partnership, pg.175

http://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs/dp...

mudil · 2014-06-23 · Original thread
His book "How to Get Rich: One of the World's Greatest Entrepreneurs Shares His Secrets" is a great read: entertaining and very insightful. (http://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs-eb...)
Retire. $750K is $30K in passive income for the rest of your life (assuming you already have a residence).

Welcome to complete financial freedom to do whatever you want in life [0]. You don't necessarily need any more money to be happy [1], and the point of getting filthy rich is to attain freedom of time [2], which you can get if you just live cheaper [1 again. Seriously, read this].

So really, this question should be: what would you do with your life if you could do anything you wanted? That, I'm afraid, is a much more subjective and philosophical question that the margins of this comment are too small to contain a satisfactory answer to.

0. Unless you have substantial current debts. If so, pay those off first.

1. http://www.mrmoneymustache.com/2013/02/22/getting-rich-from-...

2. http://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs/dp...

pragmatic · 2013-05-29 · Original thread
Dennis's book is interesting for anyone seeking to make a lot of money.

He states that if you want to be really rich you have to sacrifice family and friends because you will have to spend an enormous amount of time focusing on your business.

I found that point interesting. Do you know anyone who is (self made) wealthy that _did not_ spend a lot of time working?

Felix Dennis "How To Get Rich"

http://www.amazon.com/How-to-Get-Rich-ebook/dp/B0017SUYY6

Derek Sivers review:

http://sivers.org/book/HowToGetRich

return0 · 2012-12-29 · Original thread
That probably depends on what one wants to do, but some people do suggest that being ruthless is the ultimate way. Example: http://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs/dp...

Point is, if one is not willing to do whatever it takes, he probably doesn't really want to do the said thing, but rather tries to live up to social expectations.

sayemm · 2011-02-06 · Original thread
Best book on the knack for getting money is "How to Get Rich" by Felix Dennis, founder of Maxim magazine (worth between $400-900M, that's what he says in the book): http://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs/dp...

Here's a good Inc. article on it too: http://www.inc.com/articles/2008/07/dennis.html

Utter determination, fearlessness, tunnel vision, and hard work are his answers.

sivers · 2008-12-15 · Original thread
I sold my startup a few months ago for enough cash that I never have to work or worry about money again. http://news.ycombinator.com/item?id=341565

I went to the most peaceful spot I could find, and relaxed. I did nothing. http://www.vimeo.com/1292105

After only a couple days, it was never more clear that I was never doing anything for the money anyway, and the reason I'm always working, driving, pushing, learning, growing, and building companies is NOT about the future-goal but increasing the quality of my present moment. It's exciting! It's fun!

So, I started working again. Not because I have to, but beacuse I want to. It makes my brain spark in a way that not-working doesn't.

So here I am again, programming, excited about some new thing I'm working on, exactly the same as before I sold the company. I didn't buy anything because there's nothing I want. My debts were already paid off.

Philip Greenspun's article really does describe it best. http://philip.greenspun.com/materialism/early-retirement/

So does Felix Dennis' book How to Get Rich. http://www.amazon.com/dp/1591842050

Feel free to contact me directly if you have any specific questions you don't feel comfortable posting on the board here. http://sivers.org

- Derek

hs · 2008-12-05 · Original thread
"How to get rich" from Felix Dennis

one of his article is in the ycombinator library (good sign as hacker types like this book)

http://ycombinator.com/lib.html -> If You Want to be Rich, First Stop Being So Frightened. Fear of failing in the eyes of the world is the single biggest impediment.

http://www.timesonline.co.uk/article/0,,2092-2291061,00.html

http://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs/dp...

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