THE SEARCH (for vocation)

There are so many things we do not choose e.g. our nationality, our parents, our siblings or children, but we do get to choose, if we are determined enough, what it is we want to do for a living.

It is a terrible thing that the majority of the people settle for what comes along rather than making a career plan and sticking with it.

The salary has an attraction and addictiveness all of its own. A regular paycheck and crack cocaine have that in common.

Working too long for other people can blunt your desire to take risks.

The ability to live with and embrace risk is what sets apart the financial winners and losers in the world.

If you want to be rich, you are not looking for a ‘career’, except as a launchpad, or as a chance to infiltrate and understand a particular industry.

If you want to be rich, working harder than the punk next to you is the only sensible option, you must not be deceived.

Working for others is a reconnaissance expedition; a means and not an end in itself. It is an apprenticeship and not a goal.

Team spirit is for losers, financially speaking. It’s the glue that binds the losers together. It’s the methodology employers use to shackle useful employees to their desks without having to pay them too much. While lives may depend on it in a few professions, like soldiering or fire-fighting, in commerce it acts as a subtle handicap and a brake to ambitious individuals. 

Your bosses and you are not ‘in this thing together’, to be successful you must refuse to be conned by the idea of ‘teamwork’. 

Inclination, aptitude, and fate are 3 factors you can use to search for the arena in which you want to carve yourself a fortune. Your inclinations matter pay attention to them.

The harder I practiced, the luckier I got.

Fortune favors the bold. Boldness has a kind of genius in it. 

In the Search, whatever your inclinations, your aptitude, your abilities, or your preferences, never shrink when opportunities arrive. 

Capitalism demands that whoever takes the most financial risk calls the piper’s tune. The biggest rewards go not to those individuals who came up with the idea, nor to those individuals who built the empire. They go to those entities or individuals who funded the enterprise and own the most stock. Always bear this in mind during the Search.

Ownership is power.

THE FALLACY OF THE GREAT IDEA

Having a great idea is simply not enough, how ideas are implemented is what counts in the long run.

If you never have a single great idea in your life, but become skilled in executing the great ideas of others, you can succeed beyond your wildest dreams. Seek them out and make them work. They do not have to be your ideas. Execution is all in this regard.

Ideas don’t make you rich. The correct execution of ideas does.

If you want to be rich, then watch your rivals closely and never be ashamed to emulate a winning strategy. They may josh you a little for doing it, but that’s a price well worth paying.

OBTAINING CAPITAL

The majority of rich people who started with nothing, they borrowed money. Be smart by avoiding loans with high-interest rates, they suck the lifeblood from you leaving you exhausted and no further forward than when you started. 

Better to labor as a wage slave than as a beast of burden to a loan shark.

There are no short-cuts to obtaining even a small amount of capital to start your venture, but never give in or retreat to the safety of a decent job until unless you starved and out of the house, otherwise, you’ll be condemned to a life of wage slavery.  

There is absolutely nothing more likely to dampen the prospects of becoming rich than a nice, fat, regular salary cheque.