A book by Nathan Latka “How to Be a Capitalist Without Any Capital”
KEY MESSAGE In 1 Minute
Nathan Latka is a successful college dropout, who effectively wrote the 4-hour workweek for getting rich.
Rich people get rich by breaking these 4 rules.
Rule number one: focus on ONE thing. The problem is: something can happen and you’re out of business the next day. That’s TOO risky. Instead, you should be working on 3 projects at any time.
Rule number two: be original. Trying to come up with new ideas is sexy, but it’s also risky. Instead, let others test the markets and educate the customers for you.
Rule number three: set goals. Don’t! Because once you reach them, you will lose your motivation.
And rule number four: go where the gold is. No, don’t JOIN the miners… sell pick-axes to them. Everybody rushes to the next hot thing, which becomes too competitive. Instead, sell them tools and services.
And now… go break some rules of your own!