Articles
Published December 1999
Book Review: Billionaire in Training
| Title: | Billionaire in Training |
| Author: | Bradley J. Sugars |
| Publisher: | McGraw-Hill |
| ISBN: | 0-07-146661-4 |
Written in plain language, Billionaire in Training explores how you can go beyond your paycheque to become wealthy or even truly rich simply by changing your mindset.
If the book Rich Dad, Poor Dad provided a detailed examination of developing assets that created residual income each month as a way to become rich, then this book expands on that notion and explains how to make investments in your own business that will develop assets into wealth. Concepts from the popular E-Myth book are also addressed, such as the importance of being a manager or business leader instead of a self-employed expert and the need for systemizing a business.
This book identifies 5 stages of entrepreneurship and explains what is needed to move from one stage to the next. Moving successfully from stage one to stage five, the author explains, is the way to achieve true wealth. The book also provides practical advice on how to buy and sell a business.
The author of Billionaire in Training has certainly achieved what he preaches. If you are thinking of becoming an entrepreneur or are dissatified with the business you are currently operating, this book along with Rich Dad Poor Dad and The E-Myth would make good reading.
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