World Famous Comics: Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire (Agora Series)
Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire (Agora Series)
By: Michael Masterson Publisher: Wiley Average Rating: Binding: Paperback Label: Wiley Number of Items: 1 Number of Pages: 248 Publication Date: June 16, 2008
Product Description: 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.
Masterful rip off - watch out I bought this with a sense of excitement. One of the previous reviewers noted that the only person capable of generating seven figures in seven years is the author. Too true and this book is just a load of fluff - and it will be the last Masterson book I will ever buy! Read on to discover why!
The one thing I found stimulating/original is his descriptor of what it would be like to have an income of one million dollars per annum, 2.5 million, 5.5 million, etc. This provided some nice material for budgeting fantasies.
Michael Masterson blows all his cover in first three paragraphs of his Acknowledgments. We all expect to benefit from Masterson's personal insights, his pet strategies and a thrilling adventure on how basically anyone can make literally millions quickly. Sadly he was so busy marketing himself that he left the real work to all his side-kicks. "I want to thank SR, an extremely bright and capable young woman who worked as my assistant on this book. S did a good deal of the research and all of the interviews" (quoted from Acknowledgements page v). Seeing as about 90% of the book consists of interviews, it would be more morally competent to accredit SR as the author, though this bright young spark is not mentioned on the cover.This leaves us with 17 pages of masterful marketing by his nibs and a final marketing wrap up by his nibs again, a mere 10 pages.
Masterson finds space to plug his e-zine Early to Rise (which is better than the book) regularly. In fact he also lavishes praise on his editorial director, CB, who helped him "identify which of the many ideas I wrote down were important and worth keeping" (page v).
His trusted editor trimmed and polished the lot (also page v). In the end one wonders whether Masterson spent more than a few hours tossing out this 'best seller' which has doubtlessly helped 'millions worldwide to achieve untold wealth' bla bla (you know the hype).
The real insult to readers emerged when I had the misfortune to read Masterson's response to an enthusiastic reader query in the above-mentioned e-zine. The reader wanted to know what guru Masterson's current goals were. Watch out folks - he is currently writing six more books - wait for it - SIMULTANEOUSLY. Sounds impressive doesn't it. Now that I have uncovered his recipe, i.e. delegate everything, the goal becomes easily attainable.
This is one book I won't even recycle back to Amazon. Buyer beware.
A waste of my time I have read the book. Let's get that out of the way first. It's full of ideas and fluff, but really no substance. Get the boss to give you equity in the company by being a really hard worker. Calculate how much you'll need to live the lifestyle you want. Save up to 50% of your gross income. Invest in business ventures, stocks, and real estate.
That's it. There are 8 case studies about what other's have done, but there's no MEAT only fluff.
There's also more than just a little bragging and it really turns me off.
I have better things to do with my time. Thumbs down.
You will be inspired, and it takes work to succeed. One of the differences you will find in this book that is not typical of other success books, is it is not a Get Rich Quick book. It is more of a philosophical mindset approach to the topic, and a desire to show you that getting to seven figures is doable.
You are given a high level grounding, and then introduced to several case studies of people who have taken various paths to their seven figures. These vary from real estate, to supplement sales, to copywriting.
If you are looking for a feel-good approach then you may want to look elsewhere. If on the other hand you are looking for something to motivate you to buckle down and get going before another seven years passes you by, then you should consider reading this book.
Cheers!
Not a Lot of Substance I found this to be a book with very generic, run of the mill, get rich quick advice with very few practical tips. Personally, I prefer books that are more research oriented and fact based rather than just motivational hype and fluff as this one was.
I was sorry I spent the money on this book and sold it at a local used book store right after reading throught it. Instead of this book I would recommend reading The Millionaire Next Door, The Millionaire Mind, Millionaire Women Next Door, Getting Rich in America, and Eight Steps to Seven Figures.
not enough info More of a mathmatical evaluation of how your investments need to do to become a millionaire. Not enough concrete information. This is the first few chapters...the rest is all about people who havedone it successfully - all of which are workaholics who give up a lot. Pointing that there is a high price to pay. Good for them, not for me.
Anything Goes Trivia
Megaton Man
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