My Library says goodbye to The One Minute Millionaire, from the best selling authors Mark Victor Hansen (Chicken Soup fame) and Robert G. Allen (Creating Wealth fame) that I picked up about a year ago.
This book just went out the door to a fine home in Alberta, Canada. Not unexpected. Alberta’s the home of free enterprise in Canada.
The One Minute Millionaire-The Enlightened Way To Wealth by Mark Victor Hansen and Robert G. Allen, Harmony Books, 2002. ISBN: 0609609491
They talk briefly about the long way to millionaire status: simply the investment of about a $1 per day (at 20% this would take about 32 years) or the short way. The long way involves another basic financial planning principle: spend less than you earn and put all or most of the difference into investments that will earn returns of 7% or more after tax (my personal #-they use 10% pre tax)
For the short way to millionaire status they say you should choose your millionaire mountain from the “mountain range of wealth”. The four “mountains” they use are; Investments-shares and funds holding shares of companies; real estate-properties; business-marketing products, services and ideas and the internet.
By now we could safely say that the Internet is really just another way to do business, invest or own properties. But it certainly was and is one of the most dramatic changes underway in the way people work and play. Riding those kind of tsunami waves is certainly one of the best ways to rapid wealth accumulation. Of course if you make risky bets, the quickest way to rapid wealth disintegration, you could also say.
So they book then moves forward to such concepts as “one great idea”, “multiple streams of income”, “leverage”, “little or no money down” concepts for real estate purchase and “marketing, marketing, marketing”.
Check out more here Robert Allen and Mark Victor Hansen
Millionaire & Wealth
America’s Fastest Way To Becoming A Millionaire
Click on the link above to see other related and recommended books and music in the same category
More reviews of other useful music memorabilia books, vinyl, cd’s and movies coming over the next months. Suggest your favorites in the Comments or email to me.
Here’s hoping the book will have a big impact at its new home. Money isn’t everything, I know but the alternative isn’t much fun at all.
What we all need is a millionaire mindset and a giving-loving heart, I believe. Make the day!
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