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영어 원제목은 How to be a billionaire by Martin Fridson

* Not Salary, Own Business

 

Contents

  • Take Monumental Risk
  • Do business in a New Way
  • Dominate Your Market
  • Consolidate an Industry
  • Buy Low
  • Thrive on Deals
  • Outmanage the Competition
  • Invest in Political Influence
  • Resist the Unions

 

Key principles shared by the self-made billionaires are highlighted throughout. These include:

  • Pursue the Money in Ideas
  • Rules are Breakable
  • Copying Pays Better Than Innovating
  • Keep on Growing
  • Hold on to Your Equity
  • Hard Work Is Essential
  • Use Financial Leverage
  • Keep the Back Door Open
  • Make Mistakes, Then Learn from Them
  • Frugality Pays
  • Enjoy the Pursuit
  • Develop a Thick Skin

 

Lawful Sources of Pricing Power

  1. Brand identity
  2. Patent protection
  3. Dominant market share
  4. Sustainable cost advantage

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