Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire

Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire

by Michael Masterson
Released June 2008
Publisher(s): Wiley
ISBN: 9780470267554

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Book description

In Seven Years to Seven Figures, self-made millionaire and renowned wealth coach Michael Masterson reveals the steps you can take to accumulate seven-figure wealth within seven years—or less. Seven Years to Seven Figures will give you the tools to increase your income, get the highest possible returns on investments, save wisely—and secure your financial future faster than you may have ever dreamed.

Table of contents

  1. Copyright
  2. ACKNOWLEDGMENTS
  3. FOREWORD
  4. INTRODUCTION
  5. I. Seven Years to Seven Figures: Is It Really Possible?
    1. 1. What the Heck Do I Know?
      1. 1.1. HOW TO MAKE DECISIONS THAT STICK
      2. 1.2. ANATOMY OF A REALLY BIG RAISE
      3. 1.3. DON'T BE AFRAID OF YOUR UNDERLINGS
      4. 1.4. BECOMING A CHICKEN ENTREPRENEUR
      5. 1.5. BUT THAT WAS JUST THE BEGINNING
    2. 2. ARE YOU READY FOR WEALTH?
      1. 2.1. PERRY WAGNER*
      2. 2.2. JOHN NEWMAN*
      3. 2.3. TAKE YOUR FIRST STEP TOWARD FINANCIAL INDEPENDENCE ... RIGHT NOW
      4. 2.4. WHEN IT COMES TO WEALTH, HOW MUCH IS ENOUGH?
      5. 2.5. FOUR LEVELS OF SEVEN-FIGURE WEALTH
      6. 2.6. COPING WITH A MERE MILLION
      7. 2.7. THE $2.5 MILLION LIFESTYLE
      8. 2.8. THE NEXT LEVEL: LIVING ON A $5.5 MILLION NEST EGG
      9. 2.9. THE ULTIMATE LIFESTYLE
      10. 2.10. BUT WHAT IF YOU CAN'T POSSIBLY SAVE $335,000 A YEAR?
      11. 2.11. HOW MUCH OF YOUR INCOME SHOULD YOU BE SAVING?
  6. II. Eight Stories, Eight Successes
    1. 3. AUDREY MAXWELL*: How a Good Employee Can Become a Great Partner, Build a Dream House, and Become a Millionaire in Seven Years
      1. 3.1. A MILLION-DOLLAR CAREER
      2. 3.2. WHEN YOUR SUPPORT NET DISAPPEARS
      3. 3.3. FOLLOW AUDREY'S PATH TO SEVEN FIGURES
      4. 3.4. HOW TO GET YOUR BOSS TO GIVE YOU EQUITY IN THE BUSINESS
      5. 3.5. TRANSITIONING FROM "VALUABLE" TO "INVALUABLE"
      6. 3.6. THE FIRST AND MOST IMPORTANT SECRET TO GETTING WHAT YOU WANT
      7. 3.7. ANATOMY OF A GREAT SELF-PROMOTION PRESENTATION
      8. 3.8. REINVENTING THE PRICE OF YOUR COMPANY'S PRODUCT TO BOOST GROWTH
      9. 3.9. ESTABLISHING THE ALL–IMPORTANT BACK END
      10. 3.10. MAKING A WEALTH–WISE DECISION ABOUT YOUR HOME
      11. 3.11. YOU MAKE YOUR MONEY BY BUYING RIGHT
      12. 3.12. SNIFFING OUT THE BEST REAL ESTATE DEALS
      13. 3.13. AUDREY'S FUTURE
    2. 4. ALAN SILVER*: Converting Selling Skills into Millions of Dollars of Equity in Five Years
      1. 4.1. THE PAYOFF
      2. 4.2. MAKING THE BIG LEAP—RUNNING YOUR OWN BUSINESS, FULL–TIME
      3. 4.3. DOWNSIZING THE COMPANY, UPGRADING THE SKILLS
      4. 4.4. DIFFERENTIATING YOURSELF FROM THE COMPETITION
      5. 4.5. THE WISE DECISIONS OF A WEALTH BUILDER
      6. 4.6. HOW ALAN BECAME A MULTIMILLIONAIRE IN LESS THAN FIVE YEARS
      7. 4.7. ASKING FOR HELP
      8. 4.8. RIDING ON COATTAILS
      9. 4.9. FINDING THE GOLDEN KEY TO YOUR FUTURE WEALTH
      10. 4.10. MASTERING THE MEGA–POWER OF THE BACK END
      11. 4.11. TREAT YOUR SUPERSTARS RIGHT
    3. 5. BRUCE BUFFER: Giving Up a Six-Figure income to Generate a Seven-Figure Net Worth
      1. 5.1. EASY PROFITS LEAD TO EASY SPENDING
      2. 5.2. RECOGNIZING THE POTENTIAL FOR COLOSSAL WEALTH
      3. 5.3. EXPANDING THE MONEY-MAKING UNIVERSE
      4. 5.4. A MILLION-DOLLAR LIFESTYLE
      5. 5.5. THE SECRETS OF BRUCE'S SUCCESS
      6. 5.6. WHAT'S NEXT FOR BRUCE?
      7. 5.7. HOW YOU CAN FOLLOW BRUCE'S PATH TO SUCCESS
    4. 6. JUSTIN FORD: Achieving a Radical Financial Transformation: How to Go from Bankruptcy to Millionaire in Six Years
      1. 6.1. MAKING TOUGH DECISIONS
      2. 6.2. ASKING FOR—AND IGNORING—GOOD ADVICE
      3. 6.3. FALLING OFF THE HORSE . . . AND FINDING THE COURAGE TO CLIMB BACK ON
      4. 6.4. BUILDING SKILLS, EXPERIENCE, AND INCOME
      5. 6.5. FINANCIAL SECURITY—AND THEN SOME
      6. 6.6. BECOMING AN ENTREPRENEUR FOR THE SECOND TIME IN FIVE YEARS—BUT DOING IT RIGHT THIS TIME
      7. 6.7. GETTING YOUR MONEY TO WORK FOR YOU
      8. 6.8. BECOMING AN EXPERT IN YET ANOTHER FIELD
      9. 6.9. TAKING REAL ESTATE TO THE NEXT LEVEL
      10. 6.10. AN AUTOMATIC MONEY MACHINE
      11. 6.11. WHAT YOU CAN LEARN FROM JUSTIN'S EXPERIENCE
      12. 6.12. WHAT DOES THE FUTURE HOLD FOR JUSTIN?
    5. 7. KEN MORRIS*: Coming to America and Cashing In on the American Dream: From $10,000 to $10,000,000
      1. 7.1. BRANCHING OUT LEADS TO . . . MORE MONEY
      2. 7.2. WHERE THE REAL WEALTH COMES FROM
      3. 7.3. NEW PROJECTS MEAN BIG PROFITS
      4. 7.4. COMBINING TWO WINNING STRATEGIES
      5. 7.5. FIVE ELEMENTS OF KEN'S SUCCESS
    6. 8. MONICA DAY: Getting Started: How to Boost Your Income from $26,000 to $134,000 in Two Years
      1. 8.1. HELP IN THE FORM OF A LONG–FORGOTTEN LETTER
      2. 8.2. MONICA LANDS HER FIRST CLIENT
      3. 8.3. A SIX–FIGURE INCOME . . . IN ONLY TWO YEARS
      4. 8.4. THE ROAD TO SEVEN FIGURES IN SEVEN YEARS AS A COPYWRITER
      5. 8.5. IF YOU DECIDE TO BECOME A COPYWRITER, HERE'S WHAT YOU NEED TO KNOW
      6. 8.6. FINDING COMPANIES THAT NEED COPYWRITERS
      7. 8.7. PREACHING TO THE COPYWRITING–FRIENDLY CHOIR
      8. 8.8. GATHERING SAMPLES AND EXPERIENCE
      9. 8.9. USING YOUR CURRENT CAREER TO BOOST YOUR COPYWRITING CAREER
      10. 8.10. ESTABLISHING YOUR FEES
      11. 8.11. DEVELOPING A NETWORK OF PEERS AND MENTORS
      12. 8.12. COPYWRITING MASTERS REVEAL HOW IT'S DONE
      13. 8.13. MONICA'S BRIGHT FUTURE IN COPYWRITING
    7. 9. DAVID KELLER*: You Don't Need a Medical Degree to Make a Million Dollars
      1. 9.1. DAVID'S FIRST OPPORTUNITY PRACTICALLY FELL IN HIS LAP
      2. 9.2. HE HAD TO WORK A LITTLE HARDER TO CREATE A SECOND OPPORTUNITY FOR HIMSELF
      3. 9.3. THE MONEY STARTS ROLLING IN
      4. 9.4. DAVID EDUCATES HIMSELF FOR SUCCESS
      5. 9.5. FOCUS ON SELLING THE SERVICE . . . AND PROFITS WILL FOLLOW
      6. 9.5. HELP FROM AN UNLIKELY SOURCE
      7. 9.7. DAVID'S WORKDAY—THEN AND NOW
      8. 9.8. WHAT YOU CAN LEARN FROM DAVID'S EXPERIENCE
      9. 9.9. FINDING A GOOD MENTOR . . . AND THEN PAYING YOUR MENTOR BACK
      10. 9.10. UNDERSTANDING THAT COOPERATION IS USUALLY BETTER THAN COMPETITION
      11. 9.11. MAKING MARKETING YOUR PRIMARY BUSINESS SKILL
      12. 9.12. SAVING AS MUCH AS YOU CAN
    8. 10. BRAD SOLOMON*: Even Accountants Can Get Rich: How to Hit $4 Million in Six Years
      1. 10.1. BRAD'S FIRST YEAR IN BUSINESS
      2. 10.2. THE BEGINNINGS OF A STRONG SUPPORT NETWORK
      3. 10.3. A GRADUAL INCREASE IN SKILLS, CLIENTS . . . AND PROFITS
      4. 10.4. USING DIRECT MARKETING TO STIMULATE BUSINESS GROWTH
      5. 10.5. FOCUSING ON CUSTOMER SATISFACTION
      6. 10.6. CREATING A SECOND STREAM OF INCOME
      7. 10.7. BUILDING A PORTFOLIO OF ASSETS
      8. 10.8. $2 MILLION RICHER . . . WITHOUT DOING A THING
      9. 10.9. LOOKING BACK
      10. 10.10. LOOKING TO THE FUTURE
      11. 10.11. HOW TO REPLICATE BRAD'S SUCCESS
      12. 10.12. CHOOSING THE BUSINESS SECTOR THAT'S BEST FOR YOU
      13. 10.13. HOW TO FIND (AND TAKE ADVANTAGE OF) A GREAT MENTOR
      14. 10.14. HOW TO FIND YOUR MENTOR
      15. 10.15. HOW TO PROVE YOURSELF IN THE MARKETPLACE
      16. 10.16. HOW TO GROW YOUR ROLODEX
      17. 10.17. PARTNERS AND SUPERSTARS—HOW TO FIND AND WORK WITH THE RIGHT PEOPLE
      18. 10.18. HOW TO DEVELOP A SECOND STREAM OF INCOME
      19. 10.19. SHOOTING FOR AN EXTRA $25,000 A YEAR IS A GOOD—AND REASONABLE—PLACE TO START
      20. 10.20. A GOOD WAY TO CREATE A SECOND INCOME IS TO START A PART-TIME LOCAL SERVICE BUSINESS
      21. 10.21. GETTING STARTED IN THE SERVICE BUSINESS—RIGHT AWAY
  7. III. Why You Must Act Now
    1. 11. THE BABY BOOMER CHALLENGE: Why 50- and 60-Year-Olds Must Follow the Seven Years to Seven Figures Plan
      1. 11.1. WORRIED ABOUT RETIREMENT? YOU ARE NOT ALONE
      2. 11.2. WHAT ABOUT THE AMERICAN ECONOMY?
    2. 12. LESSONS FROM LIFE: WHAT I'VE LEARNED ABOUT BUILDING WEALTH QUICKLY
      1. 12.1. STARTING WITH A TABULA RASA
      2. 12.2. THE LIFESTYLE YOU HAVE ALWAYS DREAMED OF . . .
  8. AFTERWORD

Product information

  • Title: Seven Years to Seven Figures: The Fast-Track Plan to Becoming a Millionaire
  • Author(s): Michael Masterson
  • Release date: June 2008
  • Publisher(s): Wiley
  • ISBN: 9780470267554