Multiple Streams of Income

Robert G. Allen

Multiple Streams of Income

17min

17min

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How to Create Multiple Sources of Income is a must-read handbook. With simple words and practical examples, Robert G. Allen takes readers on a journey to create an earning potential beyond your expectations. Income from employment is actually only one of the many ways we can accumulate wealth in the course of our lifetime, and it is the most obvious. There are many other methods to secure a steady income over the course of time. The world offers countless opportunities that, if seized and worked through effectively, can guarantee substantial financial security. From the real estate market to the world of investments, from network marketing to online earning, we have endless opportunities, at the tip of our fingertips, to transform our life. The objective is to secure streams of income, and this technique can only be refined with experience.

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Analysis and key concepts

01.

We can all become rich by putting aside one euro per day

02.

Creating a ‘money tree’, in order to generate continuous money streams

03.

'Residual income', and how it can guarantee a steady and lasting income

04.

Real estate is an example of a highly profitable sector

05.

Network Marketing is another example of great growth potential, which guarantees continuous residual income

06.

The biggest future opportunities lie in intellectual property

07.

Once we have achieved wealth, it is important to build a system to protect our streams of income

08.

Quotes

09.

Take-home message

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Many useful tips to:

  • Discover Robert G. Allen’s life story, and how he achieved financial success.
  • Learn how to create multiple streams of income.
  • Understand how we can plan for the future, through investment diversification.
  • Find inspiration and practical tips to increase our wealth, and achieve physical, emotional, and spiritual well-being.

Robert G. Allen is a renowned author. He was always eager to create his own future, and after receiving his MBA from Brigham Young University, Allen began investing in small real estate ventures in the 1970s. He began teaching the techniques and knowledge he had learnt through his years of experience, failures and achievements. He then became an author, and published bestselling books such as Nothing Down: How to Buy Real Estate with Little or No Money Down; Creating Wealth; Cash in a Flash and The Road to Wealth.

Publishing house:

Wiley

Year:

2005

Pages:

336

ISBN:

978-0471714552