Multiple Streams of Income
Author: Robert G. Allen
List Price: $24.95
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ISBN: 0471381802
Publisher: John Wiley & Sons (17 March, 2000)
Sales Rank: 10,609
Average Customer Rating: 3.83 out of 5
Customer Reviews
Rating: 5 out of 5
Super Book
This is undoubtly Robert Allens best book to date. So much information, so many diverse ways to make money. The naysayers are probably college graduates who would prefer to sit behind a desk for 40 years and say; "Yes master" ENT!For the entrepeneurs and business leaders, this book is a must read. You can start with network marketing, create income and enjoy the same tax benefits that bg busineeses enjoy.You can use Bob Allens Real Estate strategies and still make money in the real estate market. People who say it's over, better read this book. You can also safely invest in the stock market with Index Funds and/or covered calls with the Cooper Method. Or you can enjoy 100% risk reduced returns in the options market.Bob Allen has written a excellent book, probably his best. Don't knock it, try it.I also recommend Wall Street Money Machine for even more covered calls and option strategies and Wealth 101.
Rating: 4 out of 5
Good book, good ideas
This is NOT a get rich quick book. It is a book of ideas and principles that people can use to create wealth. Ranging from conservative (compound interest and reducing spending), to reliable (real estate), to new-age (internet income), to more questionable sources (network marketing or MLM), he covers all the bases, and he covers them fairly well. Here is a summary of what I liked and did not like:Pros: Great job of explaining different opportunities and their potential for income. He teaches the important principles in a way that got me thinking about a different approach to money-making. As a direct result of reading this book, I added 3 small but steadily increasing "streams" of income.
Cons: He does not adequately describe any risks associated with certain investments or opportunities (tax leins, etc). Also, its pretty easy to say "you can make vast amounts of money from infopreneuring and intellectual property", but its very difficult to actually create an idea that people will pay you money for. I basically skimmed over the MLM chapter.
I've read a few of the 1-star reviews here, and I think they missed the point. He is not trying convince people that once they buy the book, bags of money will drop at the doorstep and end all money troubles. He is simply showing several different ways to add streams of income to your life. I think he did a good job.
Rating: 5 out of 5
Outstanding book Mr. Allen--CARPE DIEM (SIEZE THE DAY)
Not since Charles Givens outstanding work--More Wealth Without Risk has an author put together the best workable strategies in a financial hardback.Multiple Streams of Income is the best no nonsense book on how to create wealth in the 200's and going forward. You will find hard hitting advice on business, internet, stock market, mutual funds, real estate and more.
Want to start your own business but have very little cash? Read Robert Allens advice on network marketing.
Want to buy real estate or even discounted mortgages with little or no money down? Read multiple streams of income.
I bough this book along with The One Minute Millionaire so in my mind they belong together. The latter develops the mental side. The former will give you the wealth strategies.
For financial strategies, I recommend More Wealth Without Risk by Charles Givens.
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