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Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth (2nd Edition) Hardcover – April 5, 2004

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Editorial Reviews

From the Inside Flap

Would you like multiple streams of lifetime income flowing into your life?

If you answered "YES!", then you will profit from Robert G. Allen’s Multiple Streams of Income, Second Edition. In these pages, the bestselling author of the #1 megahits Nothing Down and Creating Wealth shows you how to create multiple streams of lifetime cash flow. You’ll learn ten revolutionary new methods for generating over $100,000 a year–– on a part-time basis, working from your home, using little or none of your own money.

A bestselling financial author and mentor, Allen has researched hundreds of income-producing opportunities and narrowed them down to ten surefire moneymakers for the new millennium. Now revised and updated, this practical, no-nonsense guide reveals Allen’s findings and shows you:

  • How to retire wealthy on a dollar a day
  • How to earn an extra million in your lifetime
  • The 9 characteristics of the ideal home-based business
  • Low-risk ways to double your money in the stock market–– FAST!
  • 9 ways to find super real estate bargains
  • How to earn 18%, 36%, and up to 50% returns on your investments–– guaranteed
  • How to earn as much as $1,000 a day right from your own home
  • How to profit from the Internet explosion
  • How to become an information multimillionaire
  • How to cash in on the secrets of intellectual property
  • Plus–– how to keep more of your money using tax shelters

Now better than ever, this revised edition features completely updated charts, tables, and graphs, as well as an entirely new chapter with twelve powerful new ways to earn extra income through real estate.

Multiple Streams of Income, Second Edition is the result of a lifetime of research and experience in teaching thousands of people how to achieve financial freedom. And now it’s your turn. In this book, you’ll learn how one good idea can set you up for life!

From the Back Cover

PRAISE FOR THE FIRST EDITION OF Mulitple Streams of Income

"The whole idea of Multiple Streams of Income will be a powerful paradigm shift for most people. Bob Allen then gives practical and beautifully illustrated knowledge on how to do it. Mastering financial principles is an important habit in life because it gives us the freedom to focus on what matters most. A valuable read." –– Dr. Stephen R. Covey author of  The 7 Habits of Highly Effective People

"If you’re ready to have the money just keep rolling in, read Multiple Streams of Income by Robert Allen. Bob knows how to share his lifetime of learning, compressed in an easy-to-read, easy-to-absorb, and easy-to-use format."
–– Jack Canfield and Mark Victor Hansen authors of the Chicken Soup for the Soul® series

"I have tremendous respect for Robert Allen’s ability to teach people how to make a lot of money. His book, Multiple Streams of Income, contains a wealth of information."  –– Robert T. Kiyosaki author of Rich Dad, Poor Dad and CEO of Cash Flow Technologies

"Multiple Streams of Income is a wise investment! Robert Allen once again delivers us the simple and sound advice that quenches our thirst for healthy economic prosperity." –– Ken Blanchard coauthor of  The One Minute Manager®

"Multiple Streams of Income is an incredible book! You will learn more practical ideas to make money, keep the money you make, and become financially independent in this book than in any other single source. It is a financial success bible for the twenty-first century." –– Brian Tracy author of The 100 Absolutely Unbreakable Laws of Business Success

"One idea that Robert Allen gave me added an additional stream of over $100,000 in our income. Think what 18 chapters full of innovative, no-nonsense strategies can do for you! Read Multiple Streams of Income and reap the harvest." –– Dr. Denis Waitley author of The Psychology of Winning

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Product Details

  • Hardcover: 336 pages
  • Publisher: Wiley; 2nd edition (April 5, 2004)
  • Language: English
  • ISBN-10: 0471655783
  • ISBN-13: 978-0471655787
  • Product Dimensions: 6.5 x 1.2 x 9.5 inches
  • Shipping Weight: 1.3 pounds (View shipping rates and policies)
  • Average Customer Review: 3.7 out of 5 stars  See all reviews (225 customer reviews)
  • Amazon Best Sellers Rank: #171,013 in Books (See Top 100 in Books)

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Most Helpful Customer Reviews

729 of 746 people found the following review helpful By Donald Mitchell HALL OF FAMETOP 500 REVIEWERVINE VOICE on April 20, 2001
Format: Hardcover
In this book, Mr. Allen gives you an overview of the key principles behind creating more sources of income. He claims to focus on opportunities on a "part-time basis," from "your own home," "using little or none of your own money," "with few or no employees," "using simple, proven systems that really work." In many cases, he describes the success that the most successful one percent will enjoy as though that is what you should expect. In other cases, he encourages you to pursue paths that could cause you to lose lots of money. Be careful!
The section on the benefits of regular investing and compound interest is one of the very best I have seen. It shows how as little as a dollar a day invested can be turned into a million dollars over a lifetime. That is followed by 50 ways to save $50 a month so you'll be able to make these investments.
He then has a good section on the money skills you need: "value" money; "control" money; "save" money; "invest" money; "make" money; "shield" money; and "share" money for worthwhile purposes (your legacy). I agree that each of these areas needs work. I do think that the "control" and "shield" sections are overdone for the average person. They are more an indication of personality that is compulsive than of necessary steps. I have known hundreds of people who have achieved financial security through their own efforts, and none of them to my knowledge employed more than a small amount of what is described in those two sections.
I also liked his "moneytree" concept for what kind of a stream of income you should try to build. I do think he makes it sound much easier than it is.
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152 of 156 people found the following review helpful By S. Sterling on February 10, 2003
Format: Hardcover
The book is just a gloss-over summary of ways to make money through various sources. Nothing original. Some ideas are worth pursuing, others I wouldn't touch. You're better off getting books that are in-depth.
What is disturbing is that the book contained a flyer promoting Allen's Protege' Training. His Rep said to first get a credit card that would be used to capitalise my business I would start under their tutelage. She seemed disappointed I could only get $4,000 credit limit, but hyped up an interview with their 'Executive Director' who would decide whether or not I'd be accepted into their protege club. After a basic interview, their Executive Director stated I should charge the $3,995 tuition to my credit card. I confronted him about the Rep's statement that the credit card was specifically to be used to finance the start-up of my business. He said the Rep was wrong and that I needed to seek capital partners to finance my business. Since the Rep had been working for Allen for two years and the Executive Director for four years, one of them wasn't being truthful. It was a classic bait & switch to get my money.
I had two friends go through the same interview. One claimed to have a credit limit of $4,500 and one a limit of $5,000. The friend with the limit of $4,500 was quoted a tuition of $4,495 and the friend with the credit limit of $5,000 was quoted a tuition of $4,995.
Also, I asked the director why I needed the protege' course if the book was so wonderfully instructional. He said the book is not really a step-by-step 'How-To' (despite its deceptive sub-title) and that, just as I couldn't learn brain surgery by reading a manual, I couldn't really be generating money by Allen's book without his protege' program.
I say: BUYER BEWARE!
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160 of 170 people found the following review helpful By stella wainwright on September 12, 2001
Format: Hardcover
Robert Allen has wrtten a excellent book on creating diverse streams of income. From basic network marketing to tax liens, discounted mortgages amd franchising.If you are interested in diversifying your income or a career change, this book could be your ticket.I also suggest Cashing in on Cash Flow by Laurence Pino for even more cash flow strategies.
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258 of 278 people found the following review helpful By A Customer on May 27, 2002
Format: Hardcover
J. Paul Getty said it many years ago; "I would rather earn 1% off the efforts of 100 people than 100% off the efforts of myself."Michael Gerber says pretty much the same thing in his excellent book "The E-Myth"Network marketing as espoused in Multiple Streams of Income by Robert G. Allen offers you the opportunity to not only earn off the efforts of man other people, but create an income stream that will last your life and your heirs as well.Tax leins are another powerful strategy recommended by Bob Allen, only because they work. No tax leins may not be available in your state. But so what? You can buy tax liens through the mail or travel to other states. The up to 50% yields make tax liens worth your time to invest in.My only two gripes with Bob Allen are the reommendations for universal life policies and options trading. There are better tax deffered plans than a universal life policy and options are tricky.I believe that for the aerage person, network marketing, mutual funds, tax leins, discounted mortgages and real estate offer the best return with little or no risk involved. Leave the stock market to the gamblers.If you lke this book, I suggest you also read the 16% Solution, The E-Myth and Turner, Turner, Turner: The King of Network Marketing.
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