Rich Dad's Advisors: How to Attract Other People's Money for Your Investments--The Ultimate Leverage 
asked by webster on November 28, 2006 3:56 AM
Cash flow is the foundation of every successful business, but investors do not have to start with their own money to build a business. Money can be made by acquiring an asset, turning an idea into a fortune, or building a business, using other peoples moneyOPM. This book will discuss different forms of OPM, how to find OPM, the consequences of using OPM, and the legal aspects and pitfalls of trying to access OPM.
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Michael Lechter's book "OPM" Other People's Money is one of the finest books written for creating financial leverage. The information teaches anyone how they can take an idea and truly turn it into a significant financial gain without risking their own capital.
You do not need money to become successful. You need a worthwhile idea and other people's money and or resources to bring that idea to fruition. Don't shelve your dreams due to lack of cash flow. One idea in this book provided me with over $30,000 in other people's resources and I did not give away equity to do so.
After you read this book then lack of cash flow is no longer a reason not to transform your ideas into reality. Apply the knowledge in this book and you have more than a short-lived chance of success. We have all heard the saying that knowledge is power. Once you have learned the information contained within this book you will have the power, you just have to apply it.
The material is straight forward. This is a must read for anyone that considers themselves a true entrepreneur. I learned more about cash flow and understanding how to attract other people's money and resources in this book than I did in six years of college.
If I had this information prior to starting my entrepreneurial life I am sure I would be 50 times wealthier today.
Thank you Michael, You Rock!
You do not need money to become successful. You need a worthwhile idea and other people's money and or resources to bring that idea to fruition. Don't shelve your dreams due to lack of cash flow. One idea in this book provided me with over $30,000 in other people's resources and I did not give away equity to do so.
After you read this book then lack of cash flow is no longer a reason not to transform your ideas into reality. Apply the knowledge in this book and you have more than a short-lived chance of success. We have all heard the saying that knowledge is power. Once you have learned the information contained within this book you will have the power, you just have to apply it.
The material is straight forward. This is a must read for anyone that considers themselves a true entrepreneur. I learned more about cash flow and understanding how to attract other people's money and resources in this book than I did in six years of college.
If I had this information prior to starting my entrepreneurial life I am sure I would be 50 times wealthier today.
Thank you Michael, You Rock!
reviewed by radar on November 28, 2006 3:57 PM
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Only 1/2 way thru, however, an old dog can learn new tricks. I've been a real estate investor for 17 years. If I had this book 17 years ago, I would probably have 40 properties today instead of 20. EZ read and full of very useful information.
reviewed by bricktop on November 29, 2006 3:30 PM
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Michael Lechter is a powerful addition to the voice of the "Rich Dad" series. For anyone trying to figure out how to start a venture without money in hand, this is a great book to start with. It's easy reading and gives the reader more than enough information to be dangerous. Worth the money.
reviewed by webin on November 29, 2006 6:40 PM