This is an unusually insightful and "straight-talking" book. Consider the following nuggest taken from this book:
*If it flies, floats or fornicates, always rent it - it's cheaper on the long run
*The follow-through...is a thousand times more important than a 'great idea'...if execution is perfect, it sometimes barely matters what the idea is
*Many paths can lead to riches, few in sunlight, most in ditches
*Paul Getty: If you can actually count your money, you are not really a rich man
*Money, it turned out, was exactly like sex. You thought of nothing else if you didn't have it, and thought of other things if you did
*Nearly all the great furtunes acquired by entrepreneurs arose because they had nothing to lose
*Conventional wisdom is often right. But when it is wrong, it can offer quite extraordinary opportunities
*Making money is a drug. Not the money itself. The making of the money
*Prompt decisions and orders, right or wrong, are far healthier than endless demate and prevarication
*Team spirit is for losers, financially speaking
*You may not necessarily want to be in a glamorous sector of any market, and they are often very crowded
*How do you judge your own aptitude? Trial and error is the only way I ever heard of
*Your credit rating is extremely precious
*While it may not look like it to you, too much...capital seeking too few investment opportunities
*Obtaining capital...is the worst part of the whole business of getting rich...(but) there is no avoiding it
*By continually wishing and never delivering, you risk denting your confidence
*Once you lose control of a business, then no bank, white knight, investor or new owner is likely to permit you to gain control again
*Cash flow is the heart beat of your company
*Regular, even obsessive, monitoring is the key. I hated every minute of doing it in those eaerly days
All of the above were taken from just the first third of the book.
When was the last time I saw all this wisdom collected in one single book? Never. I had to discover many of these through, what else, trial and error! So much wasted time and wasted opportunities!!
So, brothers and sisters, if you are serious about getting rich (by becoming an entrepreneur), the investment (both money and time) you will be making into "Uncle Dennis'" book will easily give you one of the best RoI you will ever see.
However, I want to leave you a few words of caution:
1. There is so much wisdom in this book that if you are a beginner, you will find it difficult to grasp/retain all of it in just one reading (though the language is very easy to deal with). You should consider keeping it as a permanent reference in your library, which you can go back to from time to time (like Warrent Buffer goes back to "Security Analysis").
2. I think it is better suited to play the role of a navigator and less suited to play the role of a motivator.
3. I must reprimand "Uncle Dennis" for his rants. On and off, he meanders off topic and into his favourite war stories. Though the stories may be well said, the digressions show that the author looses "Focus, Focus, Focus" needlessly. But "Uncle Dennis" has been such a good soul otherwise, I'd certainly put up with his rants. Like I put up with so many of my other uncles' :-)
Despite the rants, this book still deserves five stars for its life changing ability.