Acknowledgments. Foreword by Steve Sjuggerud. INTRODUCTION. Part I: Seven Years to Seven Figures: Is It Really Possible? Chapter One: What the Heck Do I Know? Chapter Two: Are You Ready for Wealth? Part II: Eight Stories, Eight Successes. Chapter Three: Audrey Maxwell: How a Good Employee Can Become a Great Partner, Build a Dream House, and Become a Millionaire in Seven Years. Chapter Four: Alan Silver: Converting Selling Skills into Millions of Dollars of Equity in Five Years. Chapter Five: Bruce Buffer: Giving Up a Six-Figure Income to Generate a Seven-Figure Net Worth. Chapter Six: Justin Ford: Achieving a Radical Financial Transformation-How to Go from Bankruptcy to Millionaire in Six Years. Chapter Seven: Ken Morris: Coming to America and Cashing In on the American Dream-From $10,000 to $10,000,000. Chapter Eight: Monica Day: Getting Started-How to Boost Your Income from $26,000 to $134,000 in Two Years. Chapter Nine: David Keller: You Don't Need a Medical Degree to Make a Million Dollars. Chapter Ten: Brad Solomon: Even Accountants Can Get Rich-How to Hit $4 Million in Six Years. Part III: Why You Must Act Now. Chapter Eleven: The Baby Boomer Challenge: Why 50- and 60-Year-Olds Must Follow the Seven Years to Seven Figures Plan. Chapter Twelve: Lessons from Life: What I've Learned about Building Wealth Quickly. Afterword. Index.
MICHAEL MASTERSON has developed a loyal following through his writings in Early to Rise (www.earlytorise.com), an e-newsletter published by Agora, Inc. that mentors more than 160,000 success-oriented individuals to help them achieve their financial goals. Masterson has been making money for himself and others for almost four decades. At one time or another, he's owned and run multi-million dollar companies that were public/private, onshore/overseas, local/international, service-/product-oriented, retail/wholesale/direct mail, and even profit/not-for-profit. Masterson is the author of the Wall Street Journal bestsellers Automatic Wealth: The Six Steps to Financial Independence; Automatic Wealth for Grads ... and Anyone Else Just Starting Out; Power and Persuasion: How to Command Success in Business and Your Personal Life (all published by Wiley); and Confessions of a Self-Made Millionaire.
This is not the book for people who merely want to enjoy a comfortable retirement, but for those whose goal is nothing less than becoming fabulously wealthy. Masterson (Automatic Wealth) derides what he calls the "pinch-save-and-wait" philosophy of contributing the maximum to one's 401(k) and depending on compound interest and time to work their magic. Such tactics, he says, can take decades to bear fruit, whereas most of his clients are baby boomers who hope to realize astonishing gains in a few short years. The first part of the book is about "super-sizing" one's income to six-figure levels in order to free up money for investing in one's own businesses, and soaking up knowledge from mentors and bosses. The rest contains numerous stories of self-made millionaires (almost all from sales and direct marketing) along with Masterson's advice: invest in businesses you understand and, more importantly, can actually control; be entrepreneurial and a risk taker; never stop networking and selling yourself; invest heavily in real estate. Masterson's aggressive, gratingly self-promotional message is oddly out of synch with Dietz's gentle, avuncular, let's-chat-on-the-porch narration. Dietz's wonderful storytelling voice is wasted on this get-rich-quick scheme. Simultaneous release with the Wiley hardcover (Jan.) Copyright 2007 Reed Business Information.