The Rich Employee
The Rich Employee is an excellent guidebook written by James Altucher, a successful entrepreneur, chess master, best-seller author and host of three high-ranking podcasts. A book that simply states that not everyone is cut out to be a successful entrepreneur, the author expresses his insights that the way to go is to become a rich employee. Equipped with tools to find satisfaction, meaning, and true wealth, The Rich Employee also details how companies should encourage their employees to develop the right mindset. This book teaches you to become a leader, to create so much value for yourself, and to innovate, have a vision, and execute that vision in the most efficient way possible.
The Rich Employee: The Five Big Ideas
1. The Daily Practice is how we take the stone of ourselves, all of the places where we feel blocked, and turn those stones into works of art.
2. Nothing can replace your ability to innovate, have a vision, and then execute on that vision in the most efficient way possible.
3. The average multi-millionaire has 14 different sources of income.
4. Being an entrepreneur is NOT about taking risks, it’s about ELIMINATING all risk. Being an entrepreneur, or having multiple sources of income is ultimately safer than having a job, but only if you use the job to get rid of all the risks. Just being an entrepreneur, without having multiple sources of income, without first taking care of the risks, is suicide.
5. The only thing you have control over is your mindset, your habits, and the choices you make internally about how you’re going to deal with a situation.