The Millionaire Maker's Guide to Creating a Cash Machine for Life

by Loral Langemeier

Book Overview

Loral Langemeier first introduced her exclusive Wealth Cycle system in the national bestseller The Millionaire Maker. Now, in The Millionaire Maker's Guide to Creating a Cash Machine for Life, she reveals how you can learn to earn more money by building a viable business. The Cash Machine is simple to start and sustain. You'll use skills you already possess and build a reliable team to help. Whether you want to partner with others...

• Format: Hardcover
• Language: English
• ISBN: 0071484736
• ISBN13: 9780071484732
• Release Date: May 2007
• Publisher: McGraw-Hill
• Length: 264 Pages
• Weight: 1.25 lbs.
• Dimensions: 0.9" x 6.6" x 9.2"

Customer Reviews

A "Do It Now" book !

Loral Langemeier's book delivers a step by step action plan for starting a Cash Machine. Applicable informations are shared.

A must-read for every entrepreneur

The only criticism I could have for this book is that Loral way oversimplifies - but I know that she is smart and does it on purpose! Her aim is to get you STARTED, not getting bogged down by planning every detail. Loral's #1 impact on me has been to do the math. It sounds so obvious, but I did not always have it clearly laid out in my business. If you want to make this much a year here's how much you need per month, per day, per project. DUH! There is no rocket science in here, just a clear plan that encourages you to get going with your business. I also love that Loral encourages everyone to aim high. She says your starting goal should be 100k a year. There is no downside to thinking big so why not? You are going to go for and get more money if you're aim for 100k a year instead of just 1k a month the way many businesses start.

Did you REALLY think becoming wealthy would be effortless after reading this book? HA!

If you are looking for a simple way to get rich with little effort, this is NOT the book for you! However, if you're willing to put in the necessary work, take acceptable risks and get team on your side, this IS the book for you! That was the theme I got from this book. I just finished reading Cash Machine for Life and I loved it. Loral doesn't give you a "flavor of the month" business you should invest in where you just sit back and let the money roll in. (That's a fantasy, not a dream and yes there IS a difference between the two!) She's a coach in the truest sense in that she'll help guide you to where you want to go but won't run the race on your behalf. That's YOUR responsiblity. (Right on, Loral!) I particulary liked her ideas on Sales, Marketing, and Operations. Nothing really new but her "go over it, under it, around it or right through it" approach to obstacles was refreshing. The buck stops here. I first heard about Loral from The Secret DVD (awesome movie) and her appearance in it made me think that she could be the real deal. So I purchase her books and it seems that the underlying theme of this book (and all of her works) is, go for your dreams, and just because obstacles may stand in your way is no excuse to stop and here are some ways that can help you out along the way. Buy this book ONLY if you're committed to acheiving your dreams and goals and willing to get some help. Otherwise, go buy one of those "play it safe by becoming a millionaire by saving money for 30+ years and pay off debt" books because Loral can't help you in that area. By the way, for those who are wondering whether this review is "fake" to promote this book as some negative reviewers have implied about other positive reviews, as I mentioned earlier, I just finishing reading the book so I have YET to benefit from it, however, I'm going to practice what I preach as I have already signed up for one of Loral coaching programs because after all, I will need some assistance (team, as Loral puts it) Thanks Loral for showing me it's OK to dream again!

Sustainable Wealth Building. Yes, it can happen to you!

The concept of a cash machine is definitely not new, but how many of us really know how to set one up and make it work for life? Few, I suspect. As Loral Langemeier points out, most of us operate in the traditional model of getting a good paying job, investing in a 401K and hoping it does well enough for us to retire on. It's what we're taught and it's what we know and we certainly don't need to apologize for it. However, the fact that there may be another way of creating a cash machine with sustainable income for life is just as EXCITING as it is un-nerving. In her 3rd book, Loral Langemeier lays out the steps for setting up a sustainable cash machine for life. She goes into detail about how to look at yourself and determine the types of cash machines that will work for you and your own personal skill set. She is clear that this is NOT a "one size fits all" strategy and that you will be required to put forth some creativity here. Once the cash machine is identified, creativity subsides and the analytical side of this business emerges. You test the cash machine for marketability, put your team together, and develop the marketing and sales strategies. Voila! It seems like an obvious recipe for success on the surface, but it is easier read than done. Luckily for us, Loral Langemeier has a unique teaching style makes this "seemingly" monumental task an attainable feat for anyone with the will to succeed. The steps are clear and straight forward. No magic pill, just a recipe for cash. This 3rd book is definitely Loral's best work since, "Building Your Wealth Cycles." Go Loral!

Doubled My Income in 120 Days

I met Loral Langemeier 2 years ago, and using her cash machine strategies i doubled my companies income in the first 120 days of her program. Loral gave me the tactics to do it, no fluff, no run arounds, just powerful tactics that work. Her brilliance around making fast money using your skills, owning your own business and partnering with other businesses makes me more money today that when i was a VIP of a million dollar company. I have money, I have a life now... Her book, is not just for cash machine seekers, but those who have a cash machine and want more. Thank you Loral.