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David Bach on how to get rich and make a lot of money

How to become rich immediately

Jack Canfield: How to Get Rich

HOW TO GET RICH
A Talk by Jared Diamond [6.7.99] 

Jared Diamond was in New York several weeks ago and we had an early dinner across the street from the Museum of Natural History where he was scheduled to speak later in the evening. Jared first visited the Museum in 1963, when he was 25 years old, preparing to go to New Guinea on his first expedition to study New Guinea birds. Subsequently he analyzed his bird collections in the museum where he is on the staff of the Museum's Department of Ornithology in addition to his position at UCLA.

Jared noted that "probably most lectures one hears at the museum are on fascinating but impractical subjects: namely, they don't help you to get rich. This evening I plan to redress the balance and talk about the natural history of becoming rich."

For more information visit: http://www.edge.org/3rd_culture/diamond_rich/rich_p1.html

Anyone can be rich, so says publishing magnate Felix Dennis in his book, How to Get Rich: One of the World’s Greatest Entrepreneurs Shares His Secrets (Portfolio; June 12, 2008; Hardcover; $25.95). It’s not traditional dialogue for a business book, but Felix’s path to building a publishing empire wasn’t exactly traditional.
“If Machiavelli sat down at his iMac to confect ‘The Billionaire Prince’, it might sound remarkably like Felix Dennis’s How to Get Rich”— The Wall Street Journal

Dennis, the founder of Maxim, started out as a college dropout and went on to become one of the 100 richest individuals in the U.K. HOW TO GET RICH highlights his experience building the businesses that generated his substantial wealth and provides aspiring entrepreneurs with advice on how they can become really rich themselves.

Dennis is not only renowned for his business savvy, but for his refreshing candor as well. The no-nonsense delivery of his insights throughout HOW TO GET RICH makes it not only informative, but thoroughly engaging and entertaining as well. Here are some of Dennis’ declarations from HOW TO GET RICH:
On Luck—“My advice concerning luck is to laugh in the face of the Lady when she presents herself. Take what you will of her bounty and act swiftly to take advantage of good fortune. But never thank her for it. And forget her the moment she leaves to seek another victim.”
On the Importance of Ownership—“Never, never, never, never hand over a single share of anything you have acquired or created if you can help it. Nothing. Not one share. To no one. No matter what the reason—unless you genuinely have to.”
On Delegation Being Key—“Let me put it this way. The work undertaken by your colleagues and employees is more important than your work. Your job is merely to lead, perhaps just to point in the right direction.”
On Hiring—“Human capital is by far the most important element of your environment, whether you are just starting up or deep into the game. By focusing hard on obtaining that human capital you will vastly increase your chances of becoming rich. Stupid people are easy to hire. The world is full of stupid people. Many of them are extremely pleasant and will give you a lovely smile every morning. But such people will not add to your wealth. In the early days, you should avoid them like the bubonic plague. What you need are clever, cunning, and adept people.”
On What it Takes to Get Rich—“The truth is that getting rich means sacrifice. And the worst of it is, it isn’t always you that’s doing the sacrificing. You must get used to that, or give up the quest. This is not a calling for the fainthearted. There is no shame in turning away. After all, if everyone was prepared to make the necessary sacrifices, who would be left to work for my own companies?”

These quotes are just a sample of the straightforward and practical advice that Dennis offers readers. The combination of Dennis’ business savvy, experience, and candor provides entrepreneurs with the tools and insights needed to embark on their own journey to amassing immense wealth. As Dennis says, “Let’s get rich!”

For more information visit: http://www.felixdennis.com/books/how-to-get-rich/

Warren Buffett's

10 Ways to Get Rich

With an estimated fortune of $62 billion, Warren Buffett is the richest man in the entire world. In 1962, when he began buying stock in Berkshire Hathaway, a share cost $7.50. Today, Warren Buffett, 78, is Berkshire's chairman and CEO, and one share of the company's class A stock worth close to $119,000. He credits his astonishing success to several key strategies, which he has shared with writer Alice Schroeder. She spend hundreds of hours interviewing the Sage of Omaha for the new authorized biography The Snowball. Here are some of Warren Buffett's money-making secrets -- and how they could work for you.

1. Reinvest Your Profits: When you first make money in the stock market, you may be tempted to spend it. Don't. Instead, reinvest the profits. Warren Buffett learned this early on. In high school, he and a pal bought a pinball machine to put in a barbershop. With the money they earned, they bought more machines until they had eight in different shops. When the friends sold the venture, Warren Buffett used the proceeds to buy stocks and to start another small business. By age 26, he'd amassed $174,000 -- or $1.4 million in today's money. Even a small sum can turn into great wealth.

2. Be Willing To Be Different: Don't base your decisions upon what everyone is saying or doing. When Warren Buffett began managing money in 1956 with $100,000 cobbled together from a handful of investors, he was dubbed an oddball. He worked in Omaha, not Wall Street, and he refused to tell his parents where he was putting their money. People predicted that he'd fail, but when he closed his partnership 14 years later, it was worth more than $100 million. Instead of following the crowd, he looked for undervalued investments and ended up vastly beating the market average every single year. To Warren Buffett, the average is just that -- what everybody else is doing. to be above average, you need to measure yourself by what he calls the Inner Scorecard, judging yourself by your own standards and not the world's.

3. Never Suck Your Thumb: Gather in advance any information you need to make a decision, and ask a friend or relative to make sure that you stick to a deadline. Warren Buffett prides himself on swiftly making up his mind and acting on it. He calls any unnecessary sitting and thinking "thumb sucking." When people offer him a business or an investment, he says, "I won't talk unless they bring me a price." He gives them an answer on the spot.

4. Spell Out The Deal Before You Start: Your bargaining leverage is always greatest before you begin a job -- that's when you have something to offer that the other party wants. Warren Buffett learned this lesson the hard way as a kid, when his grandfather Ernest hired him and a friend to dig out the family grocery store after a blizzard. The boys spent five hours shoveling until they could barely straighten their frozen hands. Afterward, his grandfather gave the pair less than 90 cents to split. Warren Buffett was horrified that he performed such backbreaking work only to earn pennies an hour. Always nail down the specifics of a deal in advance -- even with your friends and relatives.

5. Watch Small Expenses: Warren Buffett invests in businesses run by managers who obsess over the tiniest costs. He one acquired a company whose owner counted the sheets in rolls of 500-sheet toilet paper to see if he was being cheated (he was). He also admired a friend who painted only on the side of his office building that faced the road. Exercising vigilance over every expense can make your profits -- and your paycheck -- go much further.


6. Limit What You Borrow: Living on credit cards and loans won't make you rich. Warren Buffett has never borrowed a significant amount -- not to invest, not for a mortgage. He has gotten many heart-rendering letters from people who thought their borrowing was manageable but became overwhelmed by debt. His advice: Negotiate with creditors to pay what you can. Then, when you're debt-free, work on saving some money that you can use to invest.

7. Be Persistent: With tenacity and ingenuity, you can win against a more established competitor. Warren Buffett acquired the Nebraska Furniture Mart in 1983 because he liked the way its founder, Rose Blumkin, did business. A Russian immigrant, she built the mart from a pawnshop into the largest furniture store in North America. Her strategy was to undersell the big shots, and she was a merciless negotiator. To Warren Buffett, Rose embodied the unwavering courage that makes a winner out of an underdog.

8. Know When To Quit: Once, when Warren Buffett was a teen, he went to the racetrack. He bet on a race and lost. To recoup his funds, he bet on another race. He lost again, leaving him with close to nothing. He felt sick -- he had squandered nearly a week's earnings. Warren Buffett never repeated that mistake. Know when to walk away from a loss, and don't let anxiety fool you into trying again.

9. Assess The Risk: In 1995, the employer of Warren Buffett's son, Howie, was accused by the FBI of price-fixing. Warren Buffett advised Howie to imagine the worst-and-bast-case scenarios if he stayed with the company. His son quickly realized that the risks of staying far outweighed any potential gains, and he quit the next day. Asking yourself "and then what?" can help you see all of the possible consequences when you're struggling to make a decision -- and can guide you to the smartest choice.

10. Know What Success Really Means: Despite his wealth, Warren Buffett does not measure success by dollars. In 2006, he pledged to give away almost his entire fortune to charities, primarily the Bill and Melinda Gates Foundation. He's adamant about not funding monuments to himself -- no Warren Buffett buildings or halls. "I know people who have a lot of money," he says, "and they get testimonial dinners and hospital wings named after them. But the truth is that nobody in the world loves them. When you get to my age, you'll measure your success in life by how many of the people you want to have love you, actually do love you. That's the ultimate test of how you've lived your life."

For more information visit: http://www.warrenbuffett.com/warren-buffett-10-ways-to-get-rich/

How to get rich

It is a mystery that a lot people try to solve! Many books have been written about this subject, some people give masterclasses about this topic, and a lot of rich businessman give advice how to do reach your goal. here below there are 5 basic key-steps to achieve your dream.

5 Basic Key-Steps 

Make a budget: Create a weekly budget that will cover all the basic expenses you have. don't cross that budget and your safe.

Cut the unnecessary expenses: Don't do give a way money on unnecessary stuff. Know your boundaries and don't cross them. an example can be when you buy a new car with all your saving money because you want to empress someone. DON'T DO THAT!!

Save money: If don't have an saving account. open one, save the same amount of money every month.

Invest your money on education: Choose one profession and study so much as you can. obtain degrees in your profession, try to by the best at what you do.

Use time management: When you have free time, DONT WASTE YOUR TIME. Invest the free time to set up new sub-goals to reach your final goal.