How To Be Rich by J. Paul Getty: Blackmans Book Report

Pg 9 "You've got to use your money to create, operate and build businesses, Your wealth represents potential jobs for countless others-and it can produce wealth and a better life for a great many people as well as for yourself.

Pg 34 "There are no nine-to-five hours and no five-day weeks for the boss.

Pg 35 "Almost without exception, there is only one way to make a great deal of money in the business world, and that is in one's own business.

Pg 35 "Make your money first-then think about spending it.

Pg 35 "A businessman must run his own business. He cannot expect his employees to think or do as well as he can.

Pg 50 "A good executive is a man who can think and act independently and needs only the barest minimum of instruction to carry out his job.

Pg 51 "Praise should always be given in public, criticism should always be delivered in private.

Pg 52 "The best boss is one who knows the business better than I do, but trust me-even though he never lets me forget that he's the boss.

Pg 59 "One of the most valuable habits and businessman or executive can form is that of taking a last-minute pause to rapidly review his reasoning before he makes a decision.

Pg 64 "Opinion is never better than the information on which it is based, the qualifications of the person voicing it and his ability to correctly interpret the information at his disposal.

Pg 80 "No psychological weapon is more potent than example. An executive who seeks to achieve results through the people who work under his direction must himself demonstrate at least as high a standard of performance as he hopes to get from his subordinates.

Pg 115 "All top businessmen I know have made their biggest strides up the success ladder because they were able to see the possible in what others rejected or ignored as the impossible.

Pg 120 "The concept that any status quo is perfect and permanent, that one must under no circumstances raise questions, voice doubts or seek improvements can only produce complacency, then stagnation and finally collapse.

Pg 133 "The worlds most successful commercial and industrial leaders have always been noted as patrons of the arts and active supporters of all cultural activities.

Pg 157 "Buy when everyone else is selling and hold on until everyone is buying-this is more than just a catchy slogan.

Pg 171 "In real estate, as in the stock market, it is the intelligent, patient investor who is most likely to make money in the long run.

Pg 177 "If you wish to make money in real estate, always think in terms of investing and never in terms of speculating.

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