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Multiple Streams of Income

AUTHOR: Robert G. Allen
ISBN: 0743520408

SHORT DESCRIPTION: In today's world of economic upheaval, even dual-income families can barely make ends meet. Corporate downsizing and restructuring make the future of every job uncertain -- how can you plan for the rest of your life when it's difficult to plan for...

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         Editorial Review

Multiple Streams of Income
- Book Review,
by Robert G. Allen

Amazon.com
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. --Scott Harrison

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.) Copyright 2000 Reed Business Information, Inc.

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, TXCopyright 2002 Cahners Business Information, Inc.

From AudioFile
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. © AudioFile 2003, Portland, Maine-- Copyright © AudioFile, Portland, Maine

Book Description
In today's world of economic upheaval, even dual-income families can barely make ends meet. Corporate downsizing and restructuring make the future of every job uncertain -- how can you plan for the rest of your life when it's difficult to plan for next week? When you create multiple streams of income, you are forming a powerful tide of prosperity that can provide a lifetime of fortune and freedom. You won't only be helping yourself -- friends and family will also prosper from your good fortune. Robert Allen's techniques have made thousands of people into millionaires. Imagine what his amazing wealth-building formulas can do for you. Using Robert Allen's powerful, proven techniques, you can create multiple streams of income -- income so stable and secure it can lead to a lifetime of wealth and ease. Whether your goal is to gain extra monthly income or to escape the stress of the rat race altogether, Multiple Streams of Income can put you on the path to prosperity, peace, and health.

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.


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         Book Review

Multiple Streams of Income
- Book Reviews,
by Robert G. Allen

Multiple Streams of Income

FROM THE PUBLISHER

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 home-based 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.

SYNOPSIS

In today's world of economic upheaval, even dual-income families can barely make ends meet. Corporate downsizing and restructuring make the future of every job uncertain—how can you plan for the rest of your life when it's difficult to plan for next week?

When you create multiple streams of income, you are forming a powerful tide of prosperity that can provide a lifetime of fortune and freedom. You won't only be helping yourself—friends and family will also prosper from your good fortune. Robert Allen's techniques have made thousands of people into millionaires. Imagine what his amazing wealth-building formulas can do for you.

Using Robert Allen's powerful, proven techniques, you can create multiple streams of income—income so stable and secure it can lead to a lifetime of wealth and ease. Whether your goal is to gain extra monthly income or to escape the stress of the rat race altogether, Multiple Streams of Income can put you on the path to prosperity, peace, and health.

FROM THE CRITICS

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 Copyright 2002 Cahners Business Information.

Booknews

Allen explains how to create multiple streams of cash flow, offering ten new methods for generating money on a part-time basis, working from home, using little or none of one's own money. The methods involve the stock market, investment, real estate, foreclosures, and licensing intellectual property. He also shows how to use tax-shelter strategies for keeping wealth. Allen has written two previous books and is a frequent guest on radio and television shows. Annotation c. Book News, Inc., Portland, OR (booknews.com)

AudioFile

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. (c) AudioFile 2003, Portland, Maine

WHAT PEOPLE ARE SAYING

One idea that Robert Allen gave me added an additional stream of over $100,000 in our income. Think what 18 chapters full of innovative, no-nonsense strategies can do for you! Read Multiple Streams of Income and reap the harvest. — (Dr. Denis Waitley, author of The Psychology of Winning)

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)

If you're ready to have the money just keep rolling in, read Multiple Streams of Income by Robert 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)

The whole idea of Multiple Streams of Income will be a powerful paradigm shift for most people. Bob Allen then 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)

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)


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