summary

Sam Wyly grew up in a poor family but somehow managed to become a billionaire. His story is inspirational because he risked a lot on many different times but it payed off. He lays the ground work for how to succeed in entrepreneurship. He pioneered in the idea that even if you have all the right ingredients to start a business, If its not the right time you have to move on to the next thing. His success in investing shows that this strategy really works.

chapter 17-end

He sold 2 million into Stirling and got 8 billion. After selling this company and getting out of tech he decided to get into "green" energy. Now he sells solar, wind and other types of renewable energy through his company Green Mountain Company. Despite the recession in 2008 Green Mountain Energy has been successful because it is the right time for a renewable energy business.

Chapter 12 - 16

In chapter 12 Wyly talked about Ibm's motto "Think" and how work was becoming more about being creative than like manual work. In chapter 13 He says how even if you have all the right things if its out of date you have to do a new plan. Just like Blockbuster. in chapter 14 His business called Bonanza was slowing down and A man wanted to buy the chain of restraints and he sold it because it was time the change. In chapter 15 he got back into technology because he saw it as the new thing. In 15, He was correct in his decision to change in a crucial time. In 16 his change of pace lead to his joining Stirling software. This got him rich.

Chapter 7-11

In chapter 7 he talks about the president Kennedy was shot and he took his own risks into perspective. I think its important for an entrepreneur to be able to take risks. In chapter 8 he talks about investing in computer technology even though it was rapidly changing. This risk really payed off for him. In Chapter 9 he says to have a productive team you let them have creative breaks. This seems to be working for Google. In chapter 10 I thought it was interesting that he got his ideas for businesses from simple things like looking at telephone wires. In chapter 11 he lost 90 percent of his money from investing in Datran because it was not at the right time for technology    

Chapter 5

In chapter five he said he would rather have a job he likes than making a lot of money and not enjoying his job. He was lucky because he likes his job that makes a lot of money.

Chapter 4

  In chapter four I thought it was really cool that he was born he was in a poor family and not a lot of people respected him. I also thought it was interesting that he became rich and worked really hard since he knew what it was like to be poor.

chapter 3

Its really rare that someone who wanted a job since they were young fully follow through and not change there ideas.