The Millionaire Maker: Act, Think, and Make Money the Way the Wealthy Do (BUSINESS BOOKS) - Hardcover

"Breaking into the bestseller club is especially hard in personal finance and investing ... because any author who wants to compete in the financial big leagues needs a great, fresh idea; a proven track record; and a big, charismatic personality. "Despite the tough requirements, the next few months promise not one, but two serious contenders for the title of Next Big Thing: Loral Langemeier and Phil Town. Both of them avoid the psych-heavy approach to personal finance. "'Most people talk about psychology,' says Langemeier, 'and what's working/what's not working in their business. But [my team and I] really go tactical. We're truly planning through what we call a gap analysis: where people are, where do they need to go.' "A go-getter from a young age, Langemeier started her first business while she was still in college. By 35, she was a multimillionaire. Her book, The Millionaire Maker (McGraw-Hill, Jan.), showcases the concepts she honed with her coaching-consulting company, Live Out Loud, which emphasizes aggressive, multilateral investing. "'What we noticed,' she says, 'was that the millionaires who got created faster, it was how they sequenced. They got their assets invested; they learned to make more money; they were running their personal finances like a business-for profitability. They were incorporated; they had diverse assets. But they do it all pretty simultaneously. Whereas a lot of plans would say get out of debt then we'll work on it. We would never say that. It's too slow. It's not what millionaires do. Millionaires don't worry about a latte a day, you know.' "So far [Langemeier and] Live Out Loud have made over 200 millionaires, and not one of her 10,000 clients has filed for bankruptcy."--Publishers Weekly Publisher's Weekly 20051219 "This book is not for the financially faint of heart. The intended audience of potential speculators must be willing to leverage 401Ks and home equity to engage in direct investment opportunities such as small business ventures. "Langemeier, a financial coach and strategist, not to mention a multimillionaire, outlines her trademarked step-by-step "Wealth Cycle" process for generating and sustaining wealth in a clear and easy-to-follow format. Income and lazy assets can be turned into assets that produce passive income and sustainable wealth via rental properties, for example; adequate use of graphs and charts explain the theoretical framework behind the author's approach as well as her "Gap Analysis" model that helps investors chart their own program. "A nice cross section of case studies is used to explore a variety of implementations. Readers will grasp basic principles of such matters as entity structuring, depreciation, and direct investing, but the information is very much at the cursory level, with little discussion devoted to risk. Still, this title does provide an alternative view to David Bach's enormously popular The Automatic Millionaire: A Powerful One-Step Plan To Live and Finish Rich".--Library Journal Library Journal 20051201

Master the art of wealth building, and make money the way millionaires do!

There are only two things millionaires have that you don’t: wealth and the knowledge to build wealth. But that’s all about to change. Thanks to “Millionaire Maker” Loral Langemeier, you can develop the same financial intelligence that millionaires use to create, grow, and sustain their fortunes.

Regardless of your income―and in as little as one year―the exclusive wealth-building method in The Millionaire Maker can have you generating enough money to

• Quit your job and start doing the things you love
• Control and then eliminate your debt no matter how much you owe
• Live your life on your schedule―instead of your employer’s

Loral Langemeier has already shown thousands of people how to tailor her proven wealth-building program to their individual needs, no matter what their financial condition―and she can do it for you too. As a hardworking single mom, Loral developed a process of transforming her income into assets, and assets into income that in turn created even more assets―something she calls the Wealth Cycle. Using her program, you’ll learn how to build your own continually growing cycle of wealth by

• Engaging in business ventures that generate passive income
• Substantially decreasing your tax burden
• Forming trusts, corporations, and partnerships to protect your assets and create a nonstop revenue stream

You’ll also gain free access to many of the resources and investment advisors previously available only to those who sign up for Loral’s world-famous Live Out Loud (www.liveoutloud.com) seminars and workshops.

To live the life you’ve always wanted, all you need is a sincere commitment to building wealth and a proven system to make it happen―which you’ll find only in The Millionaire Maker.