Posted by admin on 17th March 2010
|The Millionaire Maker Act, Think, and Make Money the Way the Wealthy Do by Loral Langemeier
Review: Loral Langemeier has a straightforward writing style. She’s not especially interested in going through every reason and detail for everything she teaches, but rather seeks to get straight to the point “this is what you need to do.”
The rigors of entity-structuring, bookkeeping, and asset allocation are all too important not to at least have some understanding of them. What I personally got most out of the book was Loral’s team-building approach. Basically, she explains that in order to become wealthy, you’ve got to have a group of people supporting you.
I’ll elaborate. I have yet to meet a millionaire who does their own taxes. I have yet to meet a millionaire who doesn’t hire an assistant. And I’ve met quite a few millionaires. I knew this before reading the book of course, and I’ve even assembled portions of my legal and secretarial “team,” but a team made millionaire is much more than that according to Loral. She explains the importance of finding a mentor, of working with people who can teach you to be wealthy because they already are. It’s no secret that her own program is one of the more reputable at doing this, but her reasoning is extremely compelling, and she explains ways of finding these people on your own. And I was impressed that she mentioned her own program only as an example, rather than a sales pitch, which I don’t think I could have really faulted her for if she had.
Book Details: Physical Description: 274 pages
Edition Info: Paperback; 2006
Paperback-Very Good Interior and exterior of book with a tight binding. Some pages are dog-eared. Non-Smoking environment. We give you free gifts every time you order from us.
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Tags: business finance, finance books, the millionaire maker
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