Mr. Richards develops a checklist of rules to follow and I found that there was a business corollary in most cases. For example, he states that you should "have a real plan - where you are today, where you want to be later, and how to behave to get there." This is at least as important in business as money, and maybe more so.
He goes on to state that you should "find investments and populate your plan." Find opportunities in business and ensure they fit into your plan. Here is another one that relates perfectly to business: "Admit there is a problem. Review past decisions which have been roadblocks to your success." Now, I'm not saying you have problems, but if you do, this is good advice to follow.
He continues in this same vein and generally I found myself agreeing with him, but then I slammed up against a statement that seemed to contradict what came before. He stated that "planning for the future is important but it needs to be done in isolation to avoid overshadowing the joy of today." Wrong! My feeling is that planning for the future in no way overshadows the joy of today but rather, ensures it. If you have no plans for the future, what you are left with is uncertainty. How joyful can you be when the future of your business or income is uncertain? Come on Carl, think about it!
Then he goes on to state that "the past is the past. What matters now is making the right decisions today." Okay, so we are back on the same thought train.
While his background is in finance, he incorporates life lessons and many of these cross over to business lessons. I certainly would suggest adding this to your list of books to read.
**Updated note - December 9. Wow - my apologies. I had previous published a review of this book earlier in the year. After 52 unique articles, I slipped. check out the new blog on December 9 and I promise you, no repeats!