Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth!

545 Pages·2005·6.43 MB·English

by  Robert G. Allen

Table of Contents

Praise
Title Page
Copyright Page
PREFACE
Acknowledgements
Introduction
CHAPTER 1 - Easy Money: Financial Freedom on a Dollar a Day

How to Earn an Extra Million in Your Lifetime

CHAPTER 2 - The 10-Minute Millionaire

Money Skill 1: Value It
Money Skill 2: Control It
Money Skill 3: Save It
Major Money Saver 1: Plug the Tax Leak
Major Money Saver 2: Extend Your Planning Horizon
Major Money Saver 3: Schedule Some Plastic Surgery

CHAPTER 3 - The Money Tree Formula: How to Create Lifelong Streams of
Cash Flow

Two Types of Streams: Linear and Residual
The Money Tree Formula
Which Kind of Entrepreneur Are You?

CHAPTER 4 - The Mountain Range of Financial Freedom: The Three Great
Money Mountains

The Real Estate Mountain
The Investment Mountain
The Marketing Mountain

CHAPTER 5 - YOUR FIRST STREAM Success in the Stock Market—
Investing for Total Idiots

The Road to Winning

CHAPTER 6 - YOUR SECOND STREAM Accelerated Stock Strategies—Four
Ways to ...

System 1: Let the Master Himself Manage Your Money
System 2: Select Mutual Funds with the Longest-Term Track Record
System 3: Select Only Financial Advisors with the Longest Track
Records
System 4: Consider High-Powered Stock Sector Funds

CHAPTER 7 - YOUR THIRD STREAM Double Your Money in the Market—
How to Multiply ...

Profit Multiplier 1: Writing Covered Calls
Profit Multiplier 2: Buying and Selling Call Options

CHAPTER 8 - YOUR FOURTH STREAM Winning Big in Real Estate

Critical Activity 1. Finding: How to Find Highly Motivated Sellers
Critical Activity 2. Funding: How to Finance Bargain Properties
Critical Activity 3. Farming: How to Harvest Your Profits

CHAPTER 9 - YOUR FIFTH STREAM A Fortune in Foreclosures and Flippers

What Creates Short-Term Bargains?
Bargain Opportunity 1: Foreclosures
Bargain Opportunity 2: Flippers

CHAPTER 10 - REAL ESTATE SUPERCHARGER 11 Powerful Ways to Earn
20 Percent or ...

The Power of the Traditional Leverage Single-Family Home
11 Ways to Supercharge Your Real Estate Investments

CHAPTER 11 - YOUR SIXTH STREAM OPT—Huge Profits by Paying Other
People’s Taxes
A Hard Lesson Learned—A Fortune Recaptured!
Government Guaranteed Checks of 16, 18, 25, up to 50 Percent Interest
Don’t Make These Deadly Mistakes with Your Hard-Earned Dollars!
A Home to Own or Sell for Just Pennies on the Dollar!

CHAPTER 12 - YOUR SEVENTH STREAM Network Marketing—The
Ultimate Money Machine

The Awesome Power of Leverage
Are You Crazy?
Principle 1: Select the Right Company
Principle 2: Use the Right Marketing System
Principle 3: Use the Right Leadership System

CHAPTER 13 - YOUR EIGHTH STREAM Infopreneuring—How to Turn a
Tiny Classified Ad ...

Marketing Information
Turn Your Expertise/Passion/Hobby into Lifetime Cash-Flow Streams
Turn Your Life Story into Money . . . Even If You’ve Been a Miserable
Failure
Best Business in the World: Selling Information
Cracking the Code
Five Rings of Riches: Vast Opportunities Await All Infopreneurs
The Info-Funnel: Attracting Lifelong Customers into Your Inner Circle
How Quickly Can You Turn an Idea into Cash?

CHAPTER 14 - YOUR NINTH STREAM Licensing—Intellectual Property at
Warp Speed

History of Licensing
Applications of Licensing

CHAPTER 15 - YOUR TENTH STREAM The Internet—Your Next Fortune Is
Only a Click Away

First Key to Internet Success: Strategizing Your Launch
Second Key to Internet Success: Automating Everything
Third Key to Internet Success: Marketing to Build Traffic
Launching Your Site
Summary

CHAPTER 16 - Financial Fortress Stategies: Shielding Your Multiple Streams of
Income

Asset Protection
Estate Planning
Legal Strategies

CHAPTER 17 - Balancing Act: Getting Your Act Together

Twenty-one Time Tips for the Twenty-first Century

CHAPTER 18 - Share It: Leaving a Legacy That Outlives You

INDEX
Praise for Multiple Streams of Income

“Multiple Streams of Income is a smart, instructional read for anyone just beginning, or well on their
way to financial freedom. You can’t go wrong with this book. It’s right on target.”
Michael Gerber
Founder and Chairman,
The E-Myth Academy

“Reading this book is in itself a transforming experience. The financial principles are as sound as the
Rock of Gibraltar and are explained with such clarity you will never forget them. You get inside the
mind of one of the great entrepreneurial thinkers of our time and see just how he turns ideas into
profits. Few successful multimillionaires are also successful at writing books that clearly explain how
others can succeed. As a teacher with an abundance of brilliantly organized, fascinatingly relevant
lessons on how to create wealth, Robert Allen is unsurpassed.”
Scott DeGarmo
Former Editor in Chief and Publisher,
Success Magazine

“Twenty years ago, Robert Allen showed us how to get rich in real estate with no money down. Now,
he shows us exactly how to become financially independent in the twenty-first century economy by
developing multiple streams of income. This is a great book. Every working person in America could
benefit from reading it.”
Michael B. O’Higgins
Financial Advisor
Author, Beating the Dow

“Robert Allen’s book, Multiple Streams of Income, is provocative and should be read cover to cover
by everybody from the entrepreneurial or investing novice to the most experienced and seasoned of
us. It will be difficult to come away without new, profitable information, but for many, just the kick
in the butt to be more aggressive in diversifying could prove very valuable.”
Dan S. Kennedy
Author, How to Succeed in Business by
Breaking ALL the Rules

“The information contained in the first paragraph of page 283 alone is worth 100 times the price of
this book.”
Gary Halbert
Author, The International
Gary Halbert Letter

“This book promises multiple streams of income but actually delivers mulitple streams of mountains
of income. I am astounded by the abundance of wisdom in every chapter—enjoyable quotations,
easy-to-understand graphs, simple rules to follow, websites to check for free, and references to others
who have used these proven systems successfully. This book will truly guide ordinary people to
create and keep multiple streams of lifetime income. Bravo, Bob. You have done it again. You are the
financial mentor to the world’s aspiring millions.”
Raymond Aaron
Author, Vast Profits for the 1990’s

“Bob Allen has done it again with his new book, Multiple Streams of Income. It’s the best treasure
trove of multiple ways to make money, save money and protect money that I have ever seen. If you
can’t make money with this book, check your pulse. You’re dead.”
Larry Williams
Author, How to Outfox the Foxes

“Bob Allen has the unique ability to teach proven moneymaking systems while motivating the
student to take action. I have personally seen Bob’s information transform thousands of lives for the
better—including my own. In the past 10 years I’ve purchased over 800 properties using the
information you’ll find in this book. I highly recommend his books to my own students. I’m sure he
has another best-seller in Multiple Streams of Income.”
John R. Burley
Author, Automatic Wealth
audio program

“Robert Allen is an information alchemist. He has the ability to distill complex information into
simple formulas that get results. In the 13 years that I’ve known him and worked with him, I’ve
witnessed how his teachings have directly compelled countless people to create substantial wealth
and happiness in their lives. He is one of the great money mentors of our time.”
Donald Wolfe, M.A.
The Vision Coach
C.E.O. Consultant and Corporate Trainer

“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, Rich Dad, Poor Dad
Chairman, Cash Flow Technologies

“Very few people have influenced my life more than Robert Allen and one of the most profitable
things I learned from him was the importance of multiple streams of income. This book will change
your life. Read it and then give it to your children.”
Ron LeGrand
Author, Fast Cash with Quick Turn Real
Estate and Cash Flow Generator

“Bob Allen understands how to get other people’s efforts, assets, and money working hard for you. In
his new book, Multiple Streams of Income, he shows you 10 powerful ways to create income streams
that anyone can use successfully to create financial freedom and security.”
Jay Abraham
Author, Getting Everything You Can Out of
All You’ve Got