This book was written for millionaires. Using systems analysis, it identifies the necessary and sufficient elements of the intellectual capital of an entrepreneur (ICE) that make exceptional success in business possible.
The author, an entrepreneur himself, sets out the experience that allows a reader to recognize components of success which may earlier have seemed marginal but which, on a second and more attentive look, can lift a business to a new level. He distinguishes alienable from inalienable intellectual capital, defines the intellectual capital of the entrepreneur as distinct from human intellectual capital in general, asks what separates an entrepreneur from an ordinary person, and describes a mechanical model of a billionaire's decision-making.
Successive chapters treat the components of that capital: knowledge, and why a wealth of knowledge matters more than material wealth; the critical consumption of information; the logical, pragmatic assessment of risk; strategic thought; persistence; firmness of spirit in difficult situations; and the 20/80 rule.
The book also contains a critique of Marxist economic theory, which it faults for having no theory of value creation for a parameter as fundamental as the entrepreneur's investment of intellectual capital.
Written for entrepreneurs, investors and managers, and for anyone studying the economics of intellectual capital.