How to Be a Capitalist Without Any Capital

Nathan Latka

How to Be a Capitalist Without Any Capital

25min

25min

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What’s the secret behind the luxurious lives of the New Rich? How do some very young people, who don’t come from a wealthy family, manage to afford holidays in luxury hotels, sports cars, and designer clothes? The answer is an explosive mix of sharing economy and unconventional investment methods. Nathan Latka, a young American entrepreneur who became a millionaire in less than a decade, shares the tricks he used to achieve success in his book How to Be a Capitalist Without Any Capital: The Four Rules You Must Break to Get Rich, so that you too, can follow in his footsteps.

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Analysis and key concepts

01.

The rules you were taught are wrong. To become one of the New Rich, you need to start breaking them

02.

To become rich, it is important to increase the number of projects you’re involved in and diversify your income

03.

Copying is entirely legal, and even recommended, if you want to get rich quickly

04.

The New Rich create systems rather than focusing on specific goals

05.

We must learn not to be dazzled by trends but to "sell pickaxes to gold miners"

06.

Exploit the sharing economy and live frugally to raise the capital you need to become a millionaire

07.

Buying and selling small companies is the best way to get rich quickly

08.

Quotes

09.

Take-home message

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Many useful tips to:

  • Uncover the secrets behind the fortunes of the New Rich.
  • Learn how to live like a millionaire, despite not having the money at your disposal.
  • Discover tricks to creating net worth.

Born in 1989, Nathan Latka is an American entrepreneur, author, and speaker. He entered the business world at a very young age after dropping out of college, and specialised in the creation and sale of services in online marketing and SaaS (Software-as-a-Service), quickly becoming the CEO of the startup Heyo, and investing in other companies. Today, he is the host of the podcast The Top Entrepreneurs, where he reveals successful entrepreneurs’ secrets, as well as being the CEO of Latka Agency and Founderpath. How to Be a Capitalist Without Any Capital: The Four Rules You Must Break to Get Rich, is his first book.

Publishing house:

Hodder And Stoughton Ltd

Year:

2019

Pages:

320

ISBN:

978-1529374186