Rating: Summary: Only A Fairy Tale Review: This book is a fairy tale to the general public. The concepts used in the book for real estate investing do not work. First, let's start with how Michelle, the main character found the first house. In the book it says "After about half an hour of writing down names.....she decided to use her intuition." "It felt like and odd leap to take..." Very odd indeed! Let me explain why this doesn't happen in the real world! You most likely won't be able to take this "odd leap" simply by looking at some information from the court house or provided by a company that specialize this such information. Even if you use the information to send out postcards to pre foreclosed people to call, you will probably get 1 in 100 calls back. You need to do your due deligiance. If you truly want to get into real estate investing I think you should read the book, How I Turned $1,000 into $5 Million in Real Estate in My Spare Time by W. Nickerson. By the way how many people are truly millinaires by using the Robert Allen system and going to seminars? If you find any, ask them for the list of properties they have brought and sold. Verify it yourself, that they are indeed the the owners of the property. I bet you won't find many people becoming millionaires by using the methods suggested by Robert Allen.
Rating: Summary: This book will grow OFF you. Review: I've read The One Minute Millionaire twice. First time, I was amused and intrigued. I was on a "personal finance" reading kick at the time. Other books I read included many of the Rich Dad series, Suze Orman, The Dolans, etc. Popular financial writers writing for a general audience. This book sat on my self for two months after I read it. One evening I noticed Mark Victor Hansen's name on about 43 different "chicken soup" books at an airport bookstore. His name rang a bell in my mind. I had not connected him with the this book before. Didn't know it was the same guy. I had to laugh at the extent to which the "chicken soup" brand has been leveraged. Chicken Soup for the Manicurist's Soul, Chicken Soup for the Proctologist's Soul, Chicken Soup for the Chicken's Coup, etc. Now here is a man that understands leverage. Here is a man that can make a buck walk. I re-read the book. It is hard to put a finger on what I felt the second time I read it.. I've read all the reviews on amazon. I haven't seen anyone else put a finger on it either. I challenge anyone who's claimed this book is life changing to read it again. It is not a go-back. Did your life seem different a day or two later? I also challenge all who dismissed it outright as a rehash to re-read it as well. It has a peculiar dissonance I haven't experienced in any other finanical pulp. Let me offer some observations on the uncomfortable underbelly of this book. The mantra seems to be that "enlightened" millionaires are those who do not take advantage of others, but always go for the "win win" negotiation. Yet, one section recommends choosing addictive behaviors as the best to exploit in the information selling business. Another section advocates giving away ten percent of all you make, to "tithe" your way into wealth. They strongly suggest you tap into the largest "infinite" network for assurances of success. Yet to the religious, this seems to be putting the cart before the horse, or, more appropriately, the camel before the eye of the needle. Jim and Tammy Faye ran with this one for years, and look where it got them.On the integrity or "enlightened" posture, they hand out statements like "It's better to live LIKE a millionaire than to BE a millionaire. Ahh! To be or not be...that is not the question for these two. They would rather just appear to be, and enjoy the fruits of millionaire living without the pesky responsibility of actually having to deal with REAL millions. The fiction side of things, on a re-read, also turns out to be thinner than chicken soup. Aside from being blatantly manipulative, the examples of transactional miracles they outline are truly that, miraculous! I've been in the toy industry and the example they use in getting a new toy to market is like winning the lottery. Yeah, it could happen, but do you want to base a financial book on this kind of example? The climax, or the way to make a million in one minute, is to get your product to be carried by someone with a large database on the internet. Yea. And. O.K. If you have a name brand or a following like these two gentlemen, this may be fine. But it falls into the category of Picaso claiming he can make ten thousand in ten seconds by doing a sketch on a napkin. Someone would buy that in an instant due to everything Picaso created before it. But for Picaso then to claim that anyone can get to the point where they can make ten thousand dollars in ten seconds, if they will just "believe", chant the ten affirmations, do the five habits of effective napkin sketchers, tap into the infinite network of the divine, go to the best no money down art school etc. they TOO can make ten thousand in ten seconds.......this would be a sham. But that is how these marketing artists end their book. In fact they name the book after their abilitiy to do this. And they freely admit they pooled at least one million pre-qualified customer names from their respective databases to generate that kind of "one minute million". And the masses are supposed to relate? So, I guess what bothers me about this book is what goes unsaid. The actual work, the failure, the trial and error, the luck, the absense of bad luck, the grim faced determination that is behind every success I've known, is under represented here. And that is an understatement. Something also gave me the willies about two white men writing a story about a single mother and a black woman entreprenuer overcoming all obstacles. I could see them dodging all the politically correct bullets early in the outline by staging this unlikely tale with demographics that will coat the soup pan with teflon when the critics get ahold of it. This book, upon reexamination, is a superfluous barrage of persiflage. Chicken soup that has lost it's saline savor. Chicken Soup without salt! Warm, squishy and flavorless. No healing powers here.
Rating: Summary: A good place to start... Review: Overall this book is a great place to start, if you are serious about changing your financial future. The book does not provide a step-by-step plan, it merely plants a seed in your head. Half the book is fiction (all the pages on the right) and the other half (left pages) is non-fiction. The story of a woman trying to win back her kids in a 90 day financial contest is compelling and allows Allen to illustrate some principles. The the method used to illustrate their principles has been used for thousands of years, dating back to Aesop and the Greeks. It is very effective! Allen's main principle is to develop multiple streams of income -- which is *extremely* important. However as he discusses how to make money with each revenue stream, he whitewashes EVERY revenue stream. One of the revenue streams illustrated in the fictional portion of the book is concerning marketing ebooks. This is an area that I know extrememly well. I have my own bestselling book that is digitally delivered. It's not easy as easy as he illustrates -- in fact I would say that Allen misrepresents the facts. The only reason I use the word *misrepresents* is because this book is different than many others: the fictional story is used to teach. Making a huge amount of money in minutes (that is what the fictional story demonstrates) is impossible -- and he knows it. I know from research that that the real estate principles are sound but also are not as easy as the story will lead you to believe. So why do I love the book? Because it opens your eyes to what is possible and inspires you to greater things. It gets you pointed in the right direction, all you have to do now is *properly* research each revenue stream. While it is easy to be a one decade millionaire -- don't expect to be a "one minute" millionaire.
Rating: Summary: A book for those who will do, not wish to Review: What minute does it take to become a millionaire? The minute that you decide to do it. That is all it takes - just one minute. Once the decision is made, the rest will follow, but only if the decision is more than wishful thinking - it must be a commitment! You must be willing to do what it takes, no matter what. If you do not have the passion to do it, then you will not succeed. Briefly, this book offers two approaches to the same information - one a fictional story and the other a "list" of inspirations and things to do to become a millionaire. If you follow the advice in this book, you will become a millionaire. I have no doubt of this. However, anyone who is looking for a book that will tell them how to become a millionaire in a minute, without any work or commitment, will be sorely disappointed. I have taken many seminars on real estate investing and am convinced that real estate is the best opportunity for success. Why am I not a millionaire myself? Because I lack the commitment and burning desire to become one. This is a personal decision, and one that I have made consciously. But if you are driven by the desire to succeed, you will. The information in this book is a great summary of the characteristics one can use to become successful. This book is more of an idealized fable. It gives many ideas and paths for success. The authors believe, and I must agree, that it is best to have "multiple streams of income" in order to spread the risk of failure, and the chances of success, over as large a base as possible. But this does not mean that you cannot succeed with a much narrower focus, or with qualities or character different from those of the characters in this book. Treat this as a cookbook, with recipes that can be varied by using the ingredients you have available to you. If you have the courage of your commitment, if you follow through, there is nothing that will stop you. Disregard the negative reviews of this book. They are written by people who have failed because they were looking for an easy way, and this book does not offer it. Read this book for inspiration and direction, but do not expect it to succeed for you. That is up to you.
Rating: Summary: Great! Review: This is a practical guide with both the step by step and a story that shows it in practice! I love the altruistic way to reaching your goals! I wouldn't hesitate giving this to everyone I know!
Rating: Summary: the one minute millionaire Review: I thought I had a fabulous library of books and tapes but this was recommended as something that would stir interesting new experiences. Well, it was fabulous. I had no idea there would be such a powerful experience in reading the gripping novel that is the right hand side of the page in this unusual but effective format. I thought of myself as analytical so I was not prepared for the impact of the story. I found several valuable ideas popping from my own mind as I eagerly completed the story. I help people become millionaires, and it was most gratifying to re-instill that vision in my own mind through the story side of the book.
Rating: Summary: These are true stories Review: I read the One Minute Millionaire and found it to be so inspirational that I found the phone number to the authors organisation and called them. What I discovered is that the stories are TRUE ! I spoke with the couple in Nevada who were the ones doing the described real estate deals on the right side of the pages. They did it in 4.5 months not 6 months. After that talk I followed up with 12 more graduates of the Enlightened Millionaire program(oneminutemillionaire.com) online and their instructions work. You just have to stay focused and follow through. Whether you are involved in real estate, stocks, business, or writing books there is valuable knowlegde in this book. Thank you Mark Victor Hansen and Robert G. Allen you have changed my life.
Rating: Summary: Disappointment Review: I found this book, not to mention the farsical title, disappointing. The novel was very absorbing and entertaining, albeit full of miraculous deals. As a Realtor, I can tell you that these deals almost never can be found or realized. And even if any of them did materialize, they couldn't possibly happen as quickly as presented. Also, the Website, which is referenced numerous times, is a money-grabbing site. You're immediately urged to "join". which of course, costs you money. The gist of the nonfiction side of the book is that you have to be a dynamic, charming, entertaining networker in order to make this scheme work. You have to throw parties, open houses, seminars, ad nauseam, to succeed. And how, in the name of reality, can a normal person get several other people to work for them to make their own million (as in the novel)?!*? Leverage is leverage is leverage. You can make it happen with your own real estate investments. Just make small or no down payments, and buy as many units/houses as possible. Become your own property manager, treat your lessees well, and keep on keeping on. You certainly don't need this fairy tale book.
Rating: Summary: All the Secrets To Making All the Money You'll Ever Want Review: This book is a revolutionary approach to building wealth and a powerful program for self-discovery as well. Here are two books in one, fiction and non-fiction, designed to address two kinds of learning so that you can fully integrate these life changing lessons. Is it possible to make a million dollars in only one minute? The answer just might surprise you.
Rating: Summary: Not for experienced/sophisticated business people Review: This is definitely NOT for the experienced or sophisticated business person. People with MBA's and years of experience will find this material by Allen and Hanson as "feel good" stuff that doesn't work.Meanwhile these MBA and experienced business people will be starving, watching their businesses continue to lose cash flow because they are unwilling to change or accept the unusual.Hardly a day goes by when I don't see dozens of businesses closing. I just heard of a family business that had been going strong in our community for over 75 years...is now closing their doors.The 1 Minute Millionaire is a much needed book. Unfortunately, "experienced" business people won't see it. What a shame for them.
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