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[Y830.Ebook] Free Ebook Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire, by Michael Masterson

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Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire, by Michael Masterson

Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire, by Michael Masterson



Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire, by Michael Masterson

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Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire, by Michael Masterson

In Seven Years to Seven Figures, self-made millionaire and renowned wealth coach Michael Masterson reveals the steps you can take to accumulate seven-figure wealth within seven years—or less. Seven Years to Seven Figures will give you the tools to increase your income, get the highest possible returns on investments, save wisely—and secure your financial future faster than you may have ever dreamed.

  • Sales Rank: #318725 in Books
  • Brand: Michael Masterson
  • Published on: 2008-06-16
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.00" h x .80" w x 5.70" l, .64 pounds
  • Binding: Paperback
  • 248 pages
Features
  • Seven Years to Seven Figures The Fast Track Plan to Becoming a Millionaire

From Publishers Weekly
This is not the book for people who merely want to enjoy a comfortable retirement, but for those whose goal is nothing less than becoming fabulously wealthy. Masterson (Automatic Wealth) derides what he calls the "pinch-save-and-wait" philosophy of contributing the maximum to one's 401(k) and depending on compound interest and time to work their magic. Such tactics, he says, can take decades to bear fruit, whereas most of his clients are baby boomers who hope to realize astonishing gains in a few short years. The first part of the book is about "super-sizing" one's income to six-figure levels in order to free up money for investing in one's own businesses, and soaking up knowledge from mentors and bosses. The rest contains numerous stories of self-made millionaires (almost all from sales and direct marketing) along with Masterson's advice: invest in businesses you understand and, more importantly, can actually control; be entrepreneurial and a risk taker; never stop networking and selling yourself; invest heavily in real estate. Masterson's aggressive, gratingly self-promotional message is oddly out of synch with Dietz's gentle, avuncular, let's-chat-on-the-porch narration. Dietz's wonderful storytelling voice is wasted on this get-rich-quick scheme.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

From the Inside Flap
"Most popular books on money stress frugality and long-term savings," observes Michael Masterson, bestselling author of Automatic Wealth and Power and Persuasion. "But most people don't like to scrimp. And almost nobody is willing to wait forty years for compound interest to work its wonders."

And that's exactly why Masterson created Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire. It's the perfect book on getting rich for baby boomers who can't wait long and younger people who just don't want to.

Why seven years? Admittedly, when Masterson began working on the concept of accelerated wealth, he thought it might be unrealistic. But when he looked at how long it actually took him to make each of the million-dollar fortunes he's earned, he realized that none of them took longer than seven years. And the same turned out to be true for many other millionaires he knew.

In Seven Years to Seven Figures, this self-made millionaire and renowned wealth coach reveals the steps everyone can take to accumulate seven-figure wealth within seven years-- or less. In it you'll find real-life stories of men and women who built (and even exceeded) a seven-figure net worth within this time frame. Masterson describes their paths to success and explains, step by step, how you can mirror their wealth-building techniques, including: How to cut your learning curve in half by finding a great mentor How to safely transition from your current job to a six-figure-plus career How to become invaluable to your company and turn your new role into equity How to find the superstars who will help maximize your business's profitability How to attract customers to your business . . .and keep them coming back for more How to create multiple streams of income to double, even triple your net worth How to drastically accelerate your returns by investing in real estate How to add at least twenty new powerplayer contacts to your Rolodex . . . this year

If you're willing to get up earlier, work harder, and start a business, Seven Years to Seven Figures will give you the tools to increase your income, get the highest possible returns, save wisely-- and secure your financial future faster than you may have dreamed.

Remember, some of the people profiled in this book built up a seven-figure net worth after leaving low paying jobs, after struggling with credit card debt, even after filing for bankruptcy. If they can go from zero to millions in seven years or less, you can too.

From the Back Cover

Praise for Seven Years to Seven Figures

"When Michael Masterson gives advice, I pay attention, and you should too."
—John Mauldin, bestselling author of Bull's Eye Investing

In Seven Years to Seven Figures, self-made multimillionaire Michael Masterson lays out a compelling and workable plan for becoming financially independent in seven years—perhaps even sooner.

Whether you're a decade away from retirement or fresh out of college, this book will show you:

  • Why the much-touted "pinch-and-save" method of wealth building can't work for most people

  • The four levels of wealth and which one you should aim for

  • Eight ways to create a second stream of income

  • How real estate investing can dramatically increase your net worth and why you should get into it in 2008 and 2009

  • Getting smart and connected people to guide you, help you avoid common mistakes, and create profitable shortcuts to success

  • And much more

In Seven Years to Seven Figures, Masterson expands upon the principles and expert advice he provides to hundreds of thousands of readers each morning at EarlyToRise.com.

Read Seven Years to Seven Figures today. . . then get continuing up-to-the-minute advice for free by reading EarlyToRise.com. It will take you only five minutes each morning, but it will help you achieve a seven-figure net worth in seven years!

Most helpful customer reviews

1 of 1 people found the following review helpful.
Misleading Title
By Alejandro Felix
Not very good at helping you out to get to seven figures. It highlights seven people that got to seven figures. But about three of them were just because they bought real estate just before the real estate market boom. But from the book, it seems to me that they just were lucky enough to buy at the right time.

12 of 12 people found the following review helpful.
Another Masterful Job
By Barry L. Wilmeth
Excellent book on the whole even though the personal stories were a little boring. Having said that, the "Afterword" alone was worth the price of the book. Masterson is the Master at presentation, transitions, and bulletizing his review(s); the great learning keys to transferring knowledge and skills.

As a follow up to Automatic Wealth (which was a rich pearl) he drives home the point that you have to have a hard work ethic if you really want to succeed at wealth. And if you're willing to work hard enough, you can do it easily in 7 years. "The best way to guarantee that you will accomplish something is to make it your number one priority."

I know that it is very easy to accomplish this in seven years. My personal experience (from hard work) reveals that you really can do this in about 4.5 years. Of course everything depends on how you manage and apply the three components he explains in the book: "Getting wealthy involves three components: -how LONG you invest, -how MUCH you invest, and -what RATE OF RETURN you achieve." The summary point is that you can get wealthy by increasing any ONE of these three components. And just about anyone can understand that. All that's left is finding a plan, based on your own income (from your job and/or investments), to increase one or more of those components.

Masterson also notes that even though you can get wealthy fast, passive investing doesn't work, you can't get wealthy quickly unless you can afford to invest a lot of money, and to invest a lot of money, you need to make a lot of money (from your job or other investing). And I think that creates many a disgruntled reader looking for a quick way to get rich.

By following your net worth, you will see how you can make enough money to put away between $20,000 and $200,000 every year just by managing one or two endeavors that fit your profile, pocketbook, and perspective. The author recommends that you can: -invest directly in brand-new businesses (tough), and/or -invest directly into real estate (easy). I, of course, have chosen the easy way - real estate.

I appreciate reading this book and like many other great books, it not only illuminates my outlook at wealth-building and wealth-perpetuation, but more importantly, it also validates some of the practices that we (my wife and I) use ourselves already - and fosters a fond spirit of achievement knowing that our actions are in line with those who have had great success themselves.

3 of 3 people found the following review helpful.
Great course! Teaches what to do
By Ian Martinez
Great course! Teaches what to do, but also how to do it. It is the best I've heard yet.

See all 90 customer reviews...

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