Review of: The One Minute Millionaire

The One Minute Millionaire The Enlightened Way to Wealth by Mark Victor Hansen and Robert G. Allen

Summary:

Actually two books in one, the left hand page being motivational and informational and the right hand page being a story, this book purports to tell us how to become a millionaire. The authors claim that a new millionaire is made every 60 seconds, hence the title.

The story was riveting. I read it straight through – not looking at the left hand pages at all until I finished the entire story. In it, a young wife and mother suddenly looses her husband to an automobile crash. She and her two young children are left with nothing – no insurance, no income. Her in-laws file suit to take custody of the kids and the woman sinks into depression and ends up in another city, working as a waitress.

Until one day, she serves dinner to a group of millionaires who gather together periodically to help each other and to become mentors to non-millionaires.

Needless to say, the young mother becomes a mentee, makes a bet with her father-in-law that she can present a million in cash in 90 days so that she can get her kids back.

The motivational and factual part of the book is built on the premise that you should earn your millions ethically and uses many of the motivational techniques first introduced in the book, Think and Grow Rich. The book promises that there are only 4 ways to earn the money to build a million: Real Estate, self employment, investments and the internet.

This part is filled with manifestos, creeds, summaries and high level information on each.

Read this book to understand and address:

• High level ideas on how to make money.
• An inspiring story of someone who made a million in 90 days.
• Your lack of motivation.

 What I liked:

The part I liked best, as I said, was the story – written by the same author who wrote Chicken Soup for the Soul.

What I wished for:

Fewer manifestos and more meat in the how to make money sections.

Favorite quotes:

“Sometimes, without being aware of it, this skeptical voice talks us out of our dreams. You have a great idea and immediately this voice fires off I your head, ‘Yeah but….’ followed by a string of reasons why it won’t work.” p 32.

“Life is a seminar. You were enrolled at birth. You can’t get out of it, even by dying. So enjoy it.” p. 44

“All wealthy people have systems – or – cookie cutters – that they have developed through years of trial and error that they use to cut real ‘dough’ out of the market” p 256