8 of 9 people found the following review helpful
Get it the Right Way Up,
This review is from: Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth (Paperback)
This book was another of the earliest I read about 'how to get rich' and hence will remain one of my favourites. I find Robert Allen's writing to be both poignant and clear. I love the Money Tree formula and the discourse on why it pays to start investing or even just saving, at an early age. The average person will have more than a million pounds pass through their fingers in their lifetime but most hold on to precious little, instead of recognising the potential to become a millionaire on even a modest wage, as Robert Allen explains.
While "multiple streams of income" is of course a well-known and inoffensive enough phrase, I prefer the "money tree" concept; they seem almost opposite in logical progression... if one were to pendantically examine each of these metaphors, the money tree grows from a seed (or acorn), producing firm roots, a solid trunk and then branching out, with fruits etc last; whereas 'streams' flow in, or down the mountain, as depicted in the book! (As if we might climb the farthest mountain before turning on the tap of another stream of income).
It may seem wrong to be so pedantic, but my point is that I believe you should start from - well, the beginning! From a point of Focus on one thing, before 'branching out' from there, instead of wandering off trying to climb too many mountains! To be fair, I do think that Robert Allen would agree though.
Like many books in this genre, I found the first few inspirational chapters to be the best. I must admit, I skimmed over some of the later chapters on each specific area of money-making, as I believe it's better to read a book (or several) specifically on each area - when the time is right. Although having said that, it's both a valid and interesting book that gives a good over-view of every possible money-mountain you may ever want to one day climb!
My tip though is to choose one that will be your primary focus and then only add others later, when you are well established and can definitely afford the time, not to mention the investment in starting ventures new.
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Initial post: 28 Jun 2011 19:12:23 BDT
Danilo Castello says:
excellent post, thanks for clarifying, I had the same interpretation as you had. well done!
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