"How to Get Rich" is a terrible title.

But a great book.

Here are 10 tips from Felix Dennis that may surprise you👇
But first, here's the quick back story:

Felix Dennis built a $1 billion empire in the United Kingdom called Dennis Publishing.

By 2013, Dennis owned 50+ magazines including Maxim, The Week, and PC World.

He also blew $100M on drugs and became a poet.

Ok, onto the 10 tips👇
Anyone not busy learning is busy dying.

You can't create wealth without curiosity.

• Take in everything
• Decide the best
• Forget the rest
Wealth doesn't come from expertise or qualifications

"Whatever qualities the rich may have, they can be acquired by anyone with the tenacity to be rich. The key is confidence."

Wealth = Confidence + Unshakable Belief
"Never be ashamed to copy a winning strategy."

First doesn't mean best.
Grow mental armor.

Not thick enough to blind you from advice.

But thick enough to shrug off mockery that follows your failures.

Or hidden envy that accompanies your success.
If you are unwilling to fail publicly, you have no chance of getting rich.
"You can succeed beyond your wildest dreams and without ever having a great idea."

Execution is everything.
Think big but act small.

"Most of the worst errors came from forgetting to act small.

It's hard when everything is going your way."

But acting big leads to complacency

And complacency leads to failure.
"Stubbornness is not persistence."

A stubborn person ignores overwhelming evidence and fears being wrong.

A persistent person is convinced they are right and proof is just around the corner.
"Stupid people are easy to hire."

Beware.
Change your mindset on money.

"The world is full of money.

Some of it has my name on it.

All I have to do is collect it."
Bonus: Can you be rich and happy?

"The rich are not happy.

I have yet to meet a really rich happy person."

This book is about how to get rich but also how getting rich can ruin your life.

What do you think?
Retweet to share 10 book lessons with a friend:

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More from @chrishlad

9 Jul
A college kid's guide to building a legit network:
Phase 1: Meet a lot of people

Do this in 3 ways:

1) Podcast

2) Cold Outreach

3) Content Creation
1) Start a podcast

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Easier: Convince them to go on your podcast.

A hidden benefit: Learning how to ask great questions
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6 Jul
Justin Kan straps a camera to his head.

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That startup turned into Twitch which sold to Amazon for almost $1 billion.

Here's the story🧵 Image
1/ Emmett Shear and Justin Kan graduate from Yale in 2005 and launch their first business:

Kiko Calendar

A calendar for Gmail before Google Calendar. Image
2/ "We didn't know what we were doing."
- Emmett

But they keep building Kiko and eventually sell it on eBay for $258,100.

Yes, they sold a business on eBay.
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3 Jul
So you learn something complex and confusing.

The best way to understand is to teach it in simple terms.

That's why Reddit's ELI5 "Explain it like I'm 5" is gold.

Here are some of the best ones🧵
What is short selling a stock?
Why can your body have a "sleep debt" but not a "sleep surplus"?
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30 Jun
Facebook just became the fastest business to hit a $1 trillion valuation.

17 years and 3 billion users later...

Here are 9 memorable moments 🧵
The Winklevii

In 2003, Cameron and Tyler Winklevoss pitch Zuck on a Harvard social network called ConnectU.

50 emails later, they didn't realize Zuck was secretly working on a different project.

Mark registers TheFacebook..com on January 11, 2004
In 2006, everyone told Zuckerberg to sell.

Yahoo was offering $1B.

He was 22 and stood to make $300M.

Despite the pressure, he refused and raised at a $15 billion valuation the next year.

Zuck was right.
Read 14 tweets
28 Jun
Netflix CEO Reed Hastings thought this startup would fail.

But Roku turned from an afterthought into a $45 billion business.

Here's an epic story👇
In 2007, Roku CEO Anthony Wood cold calls Reed Hastings.

Here's how it MAY have went down😉:

Wood: "Hey Reed I want to build the best TV streaming box for Netflix that the world's ever seen."

Hastings: "How did you get my number?"
Wood: "I knew the area code and then guessed all 47,569 potential combos. It took me 146 hours.

Can I take you to lunch to talk more?"

*30 seconds of phone silence later*

Hastings: "Well, you're pretty persistent. Let's do it."
Read 18 tweets
24 Jun
I studied the best 10 investors the world’s ever seen.

Here's what you need to know:
Price is a liar.

"Market prices are always wrong because they just show a biased view of the future."

- George Soros
Enter a meeting with a founder with a zen-like blank slate of perfect humility.

Your only thought: "Teach Me"

Because all breakthrough technologies seem crazy at first.

- Marc Andreesen
Read 15 tweets

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