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Automatic Wealth by Mike Masterson
This is an excellent planning treatise on how to develop wealth
incrementally. It is not presented as a get rich quick scheme.
The author asks that you set realistic wealth steppingstones
and measure performance. At some point, you must "act" to
avoid analysis paralysis . Analysis paralysis is an iterative
review of the problem which rarely ends in construction action.
The importance of hiring top people is emphasized, as well as
the development of strategies to motivate them. The author
challenges us to work harder and smarter or more efficiently.
Many of us overlook the value of getting additional training/
education to advance our goals. Today, the federal and local
governments have more training money available than ever .
If you are an employee, relate your job to profit increments
of the company. Show your boss how your job contributed to
making more money for the firm. There is a good work entitled
"Scientific Advertising by Hopkins". This will help develop
optimal advertising strategies for your products. There are
real estate strategies aimed at flipping properties for profit.
Overall, this work consolidates some classic human resource
information into a compact and easy-to-read book. The acquisition
is worth the price charged for serious students of wealth creation and maintenance.
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