Success Learning By Sean Toh

Sunday, August 27, 2006

Multiple Streams Of Income



Generate Multiple Streams Of Income For Yourself

Editorial Reviews

The author of the rags-to-riches real estate bestseller Nothing Down for the '90s presents advice drawn from 20 years of writing and promoting get-rich books through seminars, infomercials, and home-study courses. In Multiple Streams of Income,
Robert G. Allen shows you how to create income with little or no investment. Says Allen: "Today, very few families can survive on less than two streams of income. In the volatile future, you will need a portfolio of income streams--not one or two--but many streams from completely different and diversified sources."

Beginning with advice on controlling spending and increasing savings, Allen hits his stride in chapters on stock market and real estate investing. He draws on the investment advice of others, including Peter Lynch, and even suggests that you invest in Berkshire Hathaway and let Warren Buffett manage your money. Allen also shares his real estate strategies for finding motivated sellers, securing creative financing, and buying foreclosures and tax liens. Additional chapters cover multilevel-network marketing, information and product licensing, and marketing on the Internet. Throughout are checklists, work sheets, and testimonials, as well as pointers to more articles and materials on the author's Web site. It's useful to have so much information so concisely and well explained, and many who read this book will find it hard to resist implementing one, if not several, of Allen's recommended income strategies.

From Publishers Weekly

The man behind Nothing Down: How to Buy Real Estate with Little or Nothing Down is back; this time, he stops just short of promising every reader untold riches. A quick look at the chapter titles--"Infopreneuring: How to Turn a Tiny Classified Ad into a Fortune," "The Internet: Your Next Fortune Is Just a Click Away," etc.--prepares readers for the journey ahead. Allen's basic advice is to get paid multiple times for the same work: write a book or a song or license an innovative idea and collect royalties for years; become a multilevel marketer and get a piece of every sale made by others in the organization. The dollars will literally roll in while you sleep, Allen claims, hardly wasting a comma on the fact that most people fail to create recurring streams of income from these ventures. The hype obscures the sound financial advice he does offer: live well within your means, save regularly and invest a significant portion of your money in index funds. However, Allen doesn't help his case by making it sound as if a 20% return in the stock market is commonplace or by suggesting that engaging in esoteric investment strategies such as writing "covered calls" is as easy as falling off a log, and much more profitable. It is too bad the book doesn't come with a money-back guarantee for readers who don't become millionaires. At least that would have been a sure thing. 150,000 first printing; $300,000 ad/promo; 15-city author tour. (Apr.)

From Library Journal

Why do some people earn ten times more than the rest of us? Allen (Nothing Down), one of the more successful of the multitude of financial advisors, shares his techniques for creating multiple streams of stable, secure income that will lead to a lifetime of wealth and ease. Listeners will learn secrets of generating unlimited wealth, making and keeping money, investing surplus funds for the long term, controlling money, and shying away from debt, especially using credit cards. Creating multiple streams of income via investments, the high ranking of tithing, and the author's skills at protecting money help set this item apart from the countless array of similar works in this replete genre. Allen's seven essential money skills value it, manage it, save it, invest it, make it, shield it, and share it form the foundation of the material, which is crisply presented in a combination of planned text and recorded excerpts from some of his financial planning seminars. Look for this title to be frequently requested, considering Allen's high visibility: his numerous prior successful works on money management, feature articles, and TV appearances. Recommended for all public libraries. Dale Farris, Groves, TX

The author of NOTHING DOWN, one of the first popular guidebooks on income property, argues that many sources of income are necessary for balance and control of one's financial future. His sensibilities about market competition, quality, frugality, and especially cost-benefit considerations for the entrepreneur are superb. In an audio that combines studio and live recordings, Allen is effective at convincing us to take better care of ourselves, minimize risks, simplify our lives, and pay attention to return on investment. His bubbly lectures and interviews with colleagues sound like an infomercial, complete with phone numbers and Web site addresses. But it's sage and comprehensible financial advice, along with excellent tips on goal-setting, time management, and career choices. T.W.

Book Description

In Multiple Streams of Income, bestselling author
Robert G. Allen presents ten revolutionary new methods for generating over $100,000 a year on a part-time basis, working from your home, using little or none of your own money. For this book, Allen researched hundreds of income-producing opportunities and narrowed them down to ten surefire moneymakers anyone can profit from. Thisrevised edition includesa new chapter ona cutting-edge investing technique.

Book Info

The result of a lifetime of research and experience in teaching thousands of people how to achieve financial freedom. In this book, you will lean how one good deal can set you up for life. DLC: Money. --This text refers to an out of print or unavailable edition of this title.

Inside Flap Copy

Would You Like Multiple Streams of Lifetime Income Flowing Into Your Life? If you answered "Yes!", then you will profit from Robert G. Allen’s new book, Multiple Streams of Income. In these pages, the bestselling author of the #1 megahits Nothing Down and Creating Wealth will teach you how to create Multiple Streams of Lifetime Cash Flow. You’ll learn 10 revolutionary new methods for generating over $100,000 a year—on a part-time basis, working from your home, using little or none of your own money. Bestselling financial author and mentor Robert Allen has researched hundreds of income-producing opportunities and narrowed them down to 10 surefire moneymakers for the new millennium. Now, with his no-nonsense money book Multiple Streams of Income, Allen reports the overwhelming evidence of his findings. You will learn:

How to retire wealthy on a dollar a day

How-to earn an extra million in your lifetime

The 9 characteristics of the ideal homebased business

Low-risk ways to double your money in the stock market—Fast!

9 ways to find super real estate bargains

How to earn 18%, 36%, and up to 50% returns on your investments—guaranteed

How to earn as much as $1,000 a day right from your own home

How to profit from the Internet explosion

How to become an information multimillionaire

How to cash in on the secrets of intellectual property

And much, much more

You’ll learn how to make a fortune. You’ll also learn how to keep it, using ingenious tax-sheltering strategies designed to help you keep much more of the wealth you create. Multiple Streams of Income is the result of a lifetime of research and experience in teaching thousands of people how to achieve financial freedom. And now it’s your turn. In this book, you’ll learn how one good deal can set you up for life. is a well-known and successful author and entrepreneur. After growing a small nest egg into a real estate fortune, Allen decided to share his powerful system. His first book, Nothing Down, sold over 1,250,000 copies—becoming the largest-selling real estate investment book in history. His second book, Creating Wealth, was also a #1 New York Times bestseller with over 1,000,000 copies in print. Allen has taught his successful wealthbuilding techniques to tens of thousands in seminars worldwide. A popular guest on radio and television shows including Larry King Live and Good Morning America, Allen has also been featured in the Wall Street Journal, Barron’s, Parade, People, and Reader’s Digest.

From the Back Cover

PRAISE FOR THE FIRST EDITION OF MULTIPLE STREAMS OF INCOME

"The whole idea of Multiple Streams of Income will be a powerful paradigm shift for most people. Bob Allen gives practical and beautifully illustrated knowledge on how to do it. Mastering financial principles is an important habit in life because it gives us the freedom to focus on what matters most. A valuable read." —Dr. Stephen R. Covey, author of The 7 Habits of Highly Effective People

"If you're ready to have the money just keep rolling in, read Multiple Streams of Income by
Robert G. Allen. Bob knows how to share his lifetime of learning, compressed in an easy-to-read, easy-to-absorb, and easy-to-use format." —Jack Canfield and Mark Victor Hansen, authors of the Chicken Soup for the Soul® series

"I have tremendous respect for Robert Allen's ability to teach people how to make a lot of money. His latest book, Multiple Streams of Income, contains a wealth of information." —Robert T. Kiyosaki, author of Rich Dad, Poor Dad and CEO of Cash Flow Technologies

"Multiple Streams of Income is a wise investment! Robert Allen once again delivers us the simple and sound advice that quenches our thirst for healthy economic prosperity."—Ken Blanchard, coauthor of The One Minute Manager®

"Multiple Streams of Income is an incredible book! You will learn more practical ideas to make money, keep the money you make, and become financially independent in this book than in any other single source. It is a financial success bible for the twenty-first century."—Brian Tracy, author of The 100 Absolutely Unbreakable Laws of Business Success

About the Author

Robert G. Allen is the author of the #1 megahits Nothing Down, Creating Wealth, and The One Minute Millionaire, as well as the national bestseller Multiple Streams of Internet Income, from Wiley. A popular guest on radio and television shows including Larry King Live and Good Morning America, he has been featured in the Wall Street Journal, Barron's, Parade, People, and Reader's Digest. Click The More Info link To See More Information!



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