#353 How To Be Rich by J. Paul Getty

What I learned from reading How To Be Rich by J. Paul Getty.  ---- Build relationships with other founders, investors, and executives at a Founders Event ---- "Learning from history is a form of leverage." — Charlie Munger.  Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast.  Get access to Founders Notes here.  You can also ask SAGE (the Founders Notes AI assistant) any question and SAGE will read all my notes, highlights, and every transcript from every episode for you.  A few questions I've asked SAGE recently:  What are the most important leadership lessons from history's greatest entrepreneurs? Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas)  How did Edwin Land find new employees to hire? Any unusual sources to find talent? What are some strategies that Cornelius Vanderbilt used against his competitors? Get access to Founders Notes here.  ---- (2:00) My father was a self-made man who had known extreme poverty in his youth and had a practically limitless capacity for hard work. (6:00) I acted as my own geologist, legal advisor, drilling superintendent, explosives expert, roughneck and roustabout. (8:00) Michael Jordan: The Life by Roland Lazenby. (Founders #212)  (12:00) Control as much of your business as possible. You don’t want to have to worry about what is going on in the other guy’s shop. (20:00) Optimism is a moral duty. Pessimism aborts opportunity. (21:00) I studied the lives of great men and women. And I found that the men and women who got to the top were those who did the jobs they had in hand, with everything they had of energy and enthusiasm and hard work. (22:00) 98 percent of our attention was devoted to the task at hand. We are believers in Carlyle's Prescription, that the job a man i