I’ve started reading Loral Langemeier’s ‘Cash Machine For Life’. I like her attitude and the simplicity of her advice. I read her earlier book ‘The Millionaire Maker’ and thought it made a lot of sense. Her new book appears to build on the advice in the earlier one. Her basic idea is to do a careful analysis of your situation and then work with her system to get you to your financial goals. She’s not the ordinary financial planner. Unlike a lot of other financial planners, she is very entrepreneurial. She’s not someone who says save 100 dollars a month in a mutual fund and in the far future you’ll retire with a million. She doesn’t think that anyone should have to wait thirty years to be financially independent. Her advice is to develop businesses that get you the money you need. So, if you want to invest your way to wealth, she is not the adviser for you. She expects you to work for your money. She takes some of the scariness of creating businesses by calling them cash machines. She starts you out with putting together an easy small business and then works you up to bigger ones. She doesn’t suggest you stress over finding the perfect business either. For the first one, she says look at your skills and figure out the fastest way to make money. Your ultimate businesses might be your quest business, but she wants you to first get experience and make money fast. As you learn and get some capital then you can make some dreams happen.
I like that attitude. Getting to your quest is a journey. Loral gives you good advice on getting on the right path. She also has the expected training courses and coaching at her web site if you want more help. Taking action and getting some early success is key to finding your quest.
Loral’s web site: www.liveoutloud.com
Quest On…..
