Synopses & Reviews
"Most popular books on money stress frugality and long-term savings," observes Michael Masterson, bestselling author of Automatic Wealth and Power and Persuasion. "But most people don't like to scrimp. And almost nobody is willing to wait forty years for compound interest to work its wonders."
And that's exactly why Masterson created Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire. It's the perfect book on getting rich for baby boomers who can't wait long and younger people who just don't want to.
Why seven years? Admittedly, when Masterson began working on the concept of accelerated wealth, he thought it might be unrealistic. But when he looked at how long it actually took him to make each of the million-dollar fortunes he's earned, he realized that none of them took longer than seven years. And the same turned out to be true for many other millionaires he knew.
In Seven Years to Seven Figures, this self-made millionaire and renowned wealth coach reveals the steps everyone can take to accumulate seven-figure wealth within seven yearsor less. In it you'll find real-life stories of men and women who built (and even exceeded) a seven-figure net worth within this time frame. Masterson describes their paths to success and explains, step by step, how you can mirror their wealth-building techniques, including:
- How to cut your learning curve in half by finding a great mentor
- How to safely transition from your current job to a six-figure-plus career
- How to become invaluable to your company and turn your new role into equity
- How to find the superstars who will help maximize your business's profitability
- How to attract customers to your business . . . and keep them coming back for more
- How to create multiple streams of income to double, even triple your net worth
- How to drastically accelerate your returns by investing in real estate
- How to add at least twenty new powerplayer contacts to your Rolodex . . . this year
If you're willing to get up earlier, work harder, and start a business, Seven Years to Seven Figures will give you the tools to increase your income, get the highest possible returns, save wiselyand secure your financial future faster than you may have dreamed.
Remember, some of the people profiled in this book built up a seven-figure net worth after leaving low paying jobs, after struggling with credit card debt, even after filing for bankruptcy. If they can go from zero to millions in seven years or less, you can too.
Praise for Seven Years to Seven Figures
"When Michael Masterson gives advice, I pay attention, and you should too."
John Mauldin, bestselling author of Bull's Eye Investing
In Seven Years to Seven Figures, self-made multimillionaire Michael Masterson lays out a compelling and workable plan for becoming financially independent in seven yearsperhaps even sooner.
Whether you're a decade away from retirement or fresh out of college, this book will show you:
Why the much-touted "pinch-and-save" method of wealth building can't work for most people
The four levels of wealth and which one you should aim for
Eight ways to create a second stream of income
How real estate investing can dramatically increase your net worth and why you should get into it in 2008 and 2009
Getting smart and connected people to guide you, help you avoid common mistakes, and create profitable shortcuts to success
And much more
In Seven Years to Seven Figures, Masterson expands upon the principles and expert advice he provides to hundreds of thousands of readers each morning at EarlyToRise.com.
Read Seven Years to Seven Figures today. . . then get continuing up-to-the-minute advice for free by reading EarlyToRise.com. It will take you only five minutes each morning, but it will help you achieve a seven-figure net worth in seven years!
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.
About the Author
Michael Masterson has developed a loyal following of more than 300,000 sub- scribers with Early to Rise (www.EarlyToRise.com), an e-newsletter published by Agora, Inc. Throughout his remarkably successful business career, Masterson has been instrumental in the development of one business that grew beyond $300 million, another that grew beyond $100 million, and a dozen more that surpassed the $10 million mark. His most recent book, Ready, Fire, Aim, was a Wall Street Journal, New York Times, Amazon.com, and Barnes & Noble bestseller. His previous books include the bestsellers Automatic Wealth and Automatic Wealth for Grads . . . and Anyone Else Just Starting Out, as well as Power and Persuasion (all from Wiley). Subscribe to Michael Masterson's daily e-zine at www.EarlyToRise.com.
Table of Contents
Foreword by Steve Sjuggerud.
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 Casting 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.