Anyone else read John Fitzgerald's new book 7 Steps to Accelerated Wealth? Found it very thought provoking...
He talks a bit about passive (ie buy and hold) versus active (ie trading/developing) wealth building and then goes into more depth about the specifics behind the "active" approach.
I found it really interesting reading as his first book (Seven Steps to Wealth) was one of my early inspirations. The new book goes into a fair bit more detail about how he's made his wealth and how he identifies, sets up, controls and exits deals. It's an interesting insight into how seemingly high risk scenarios can be mitigated into manageable win-win solutions and how he's solved the various dilemmas he's encountered in his trade.
He also regurgitates all the basics from his earlier book as a reference point and goes much more deeply into the psychology and mindset needed to be successful. This includes a great chapter on "Have You Got What it Takes?" which basically takes the reader through an evaluation of whether they have in them the qualities and drive that's needed to make the most of an accelerated wealth building approach.
All up I found it a good read regardless of whether I use the strategies. It's by no means one of the "get rich quick" books (as John points out) but more of a realistic look at what's potentially possible if we choose to take this path.
As a consequence of where i work (library) I've hungrily devoured most books on property and found this one quite refreshing as it focuses on a side not often touched on. Worth a look if you get the chance....
Rory
He talks a bit about passive (ie buy and hold) versus active (ie trading/developing) wealth building and then goes into more depth about the specifics behind the "active" approach.
I found it really interesting reading as his first book (Seven Steps to Wealth) was one of my early inspirations. The new book goes into a fair bit more detail about how he's made his wealth and how he identifies, sets up, controls and exits deals. It's an interesting insight into how seemingly high risk scenarios can be mitigated into manageable win-win solutions and how he's solved the various dilemmas he's encountered in his trade.
He also regurgitates all the basics from his earlier book as a reference point and goes much more deeply into the psychology and mindset needed to be successful. This includes a great chapter on "Have You Got What it Takes?" which basically takes the reader through an evaluation of whether they have in them the qualities and drive that's needed to make the most of an accelerated wealth building approach.
All up I found it a good read regardless of whether I use the strategies. It's by no means one of the "get rich quick" books (as John points out) but more of a realistic look at what's potentially possible if we choose to take this path.
As a consequence of where i work (library) I've hungrily devoured most books on property and found this one quite refreshing as it focuses on a side not often touched on. Worth a look if you get the chance....
Rory