Thoughts and Riches

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Saturday, August 12, 2006

Become a billionaire

Recently, have been going through a book called "How to be a Billionaire" by Martin S. Fridson. The book is very good and interesting. It profiles many billionaires like Ross Perot, J. Rockefeller, H. L. Hunt and others and reviews some of their habits, as well as the strategies and key principles they used to become billionaires. As per the book, some of the principles used by the billionaires include:

Rules are breakable

Develop a thick skin

Make mistakes, then learn from them

Frugality pays

Enjoy the pursuit

Hard work is essential

Keep on Growing

Copying pays better than improving

Hold on to your equity

Use financial leverage

You can learn more about the book at Amazon.com or by clicking the link below:

How to be a Billionaire: Proven Strategies from the Titans of Wealth

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posted by Ruby @ 10:23 PM

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