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22 of 22 people found the following review helpful:
5.0 out of 5 stars
What I wish Rich Dad/Poor Dad had done better, October 31, 2006
Understand that I wouldn't even have cared about this type of book if it had not have been for Mr. Kiyosaki.
With that said, I have to say this is an excellent book on many levels. It is divided into 6 parts. Part I: Upgrade your Wealth Operating Systems deals with changing beliefs. Better than average use of some NLP techniques to "reframe" your poor beliefs about money. It works from identifying the beliefs, weakening, removing and replacing with better beliefs. Again, this isn't an overnight process.
Part II: Dream Big! Imagine David Swartz's book Magic of Thinking Big in three chapters or less.
Part III: Mastermind Your way to millions! Great material on MM groups, better than alot of what I've seen in other books devoted completely to the subject (sorry about that Joe V.). Makes suggestions that I wish previous MM's I had been part of had utilized.
Part IV: Build to Level 3 wealth and enjoy a Maui Lifestyle. Okay, after awhile even I got tired of the phrase "Maui Millionaire." However, these chapters talk of how to get started (wherever you are) and move toward a Level 3. Level 3 goal: Converting large parts of net worth into secure income streams and solid, long-term investments. Lev. 2 goal? build assets and financial skills. Lev. 1 goal? Build solid base of financial and investment skills. Part III introduces some formulas for measuring your progress that I just L-O-V-E! They summarize it as a "Wealth Scorecard" which works wonderful for the MasterMind groups.
Part V: Tap into Maui Giving to Create a Legacy that Lives Beyond You! I particularly enjoyed the chapter on using leverage to sustain giving beyond my liftetime. It had great questions for evaluating Nonprofits/charities.
Part VI: The Final Inch. More about giving, which is summarized by "We're saying don't let saving stop you from giving." Shares a quick stretch your money belief exercise on giving.
Online stuff associated with the book: Wow! 5 star plus!
Summary: If you are currently in a MM devoted to improving your business/financial life, then this book will offer several tools that will easily propel you toward something possibly better than you had previously dreamed of. *****
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28 of 31 people found the following review helpful:
2.0 out of 5 stars
Important Subject Matter Poorly Expressed, November 26, 2006
About a third of this book is a re-wording of T. Harv Eker's material in "Secrets of the Millionaire Mind". Harv calls your money program (the ideas and worldview we have about money that influence, affect, attract, or push money away in our lives) "wealth files"; In this book it's your "Wealth Operating System"- same idea. I'm not complaining where they add value to the ideas expressed by Eker, but he's never even credited or mentioned in the book; nor by the way is Robert Kiyosaki- the man who arguably gave Kennedy her 'big break' with the original "Loopholes of the Rich" book. But I digress-- another third of the book consists of testimonials from the retreat, and short stories inserted by the authors- often about stuff that happened on the Wealth Retreat itself. And the final third of the book is a mish mash of rehashed classic success literature points, metaphysical theorum poorly stated, mental meanderings, and musings that really do the main topic a disservice- and I dare say it amounts to the reason all too many people *** think *** (incorrectly) that mindset, spirituality, and metaphysical laws are mere "fluff" or "psycho-babble".
The importance of the subject matter- most of it being mindset required to get wealthy cannot be overstated, these two authors just didn't do much to add any new ideas to the field. The "Mastermind" concept used by the "Maui Millionaires" is not a new concept, either yet no credit is given to Napolean Hill of "Think and Grow Rich" who arguably was the one who mainstreamed the concept.
If you're a marketer, copywriter, direct sales business owner, seminar business owner, a coach or other industry, you'll immediately recognize the book as "long copy" for the mastermind itself. The book can be summed up as a not-so-subtle brochure for their $30,000 "Maui Mastermind" events which they tout as the number-one mastermind event in the world which "often sells out a year in advance", etc. etc.
It doesn't bother me per se because I probably spend that much each year on similar events, memberships, courses, and other educational and motivational stuff to keep me sharp- and it's always worth three to five times that amount or more. I respect and applaud the effort in fact- I just hope that they'll do what any good sales copy-writer would do periodically and re-write the thing well.
In short, it could have been done with excellence, the sales points much more clever and compelling, and frankly I expected better due to the big names and I just didn't get it.
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36 of 42 people found the following review helpful:
3.0 out of 5 stars
A Provocative Approach, but not for me, December 21, 2006
The Maui Millionaires' attend a five and one-half day seminar, a self-proclaimed "world's most exclusive wealth retreat. Held on the Island of Maui, the attendees, who pony up $30,000 to attend, learn the authors' six secrets for building wealth.
1. Upgrade your wealth building strategy.
2. Dream big.
3. Surround yourself with other big dreamers.
4. Build wealth that provides the freedom to enjoy.
5. Create a legacy.
6. Seek the support, accountability and couch to ensure your dreams are achieved.
Not many people could or would dispute the authors' plan. But I would be lying if I did not say the book has no appeal for me. Instead of allowing the weight of their arguments motivate action, the authors bombard readers with commercial sales pitch after sales pitch for their $2,500 coaching sessions and their $30,000 retreat.
If you can ignore the commercials, the book offers some interesting points, intriguing exercises and illuminating case studies.
I could not and did not finish the book.
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